TY 2014 Form 990

Part X Balance Sheet Check if Schedule O contains a response or note to any line in this Part X ..............
	1	Cash–non-interest-bearing .............	40,084,119	1	27,994,030
2	Savings and temporary cash investments .........	37,309	2	23,574
3	Pledges and grants receivable, net ...........		3
4	Accounts receivable, net .............	1,130,997	4	3,085,131
5	Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L ..................
			5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L
			6
7	Notes and loans receivable, net .............		7
8	Inventories for sale or use ..............		8
9	Prepaid expenses and deferred charges ..........	109,112	9	117,550
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a
b	Less: accumulated depreciation .....	10b			10c
11	Investments—publicly traded securities ..........	98,097,533	11	123,862,160
12	Investments—other securities. See Part IV, line 11 .....	88,394,333	12	85,843,670
13	Investments—program-related. See Part IV, line 11 .....		13
14	Intangible assets ...............		14
15	Other assets. See Part IV, line 11 ...........		15
16	Total assets. Add lines 1 through 15 (must equal line 34)......	227,853,403	16	240,926,115
	17	Accounts payable and accrued expenses .........	707,524	17	4,505,491
18	Grants payable .................		18
19	Deferred revenue ................	483,600	19	1,387,931
20	Tax-exempt bond liabilities .............		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D..		21
22	Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
	persons. Complete Part II of Schedule L..........		22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ....		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D....................	252,103	25	86,136
26	Total liabilities. Add lines 17 through 25.........	1,443,227	26	5,979,558
		Organizations that follow SFAS 117 (ASC 958), check here and complete lines 27 through 29, and lines 33 and 34.
27	Unrestricted net assets ..............		27
28	Temporarily restricted net assets ...........		28
29	Permanently restricted net assets ...........		29
	Organizations that do not follow SFAS 117 (ASC 958), check here and complete lines 30 through 34.
30	Capital stock or trust principal, or current funds ........	226,410,176	30	234,946,557
31	Paid-in or capital surplus, or land, building or equipment fund .....	0	31	0
32	Retained earnings, endowment, accumulated income, or other funds	0	32	0
33	Total net assets or fund balances ...........	226,410,176	33	234,946,557
34	Total liabilities and net assets/fund balances ........	227,853,403	34	240,926,115

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," to Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
SchDMd Bullet

Attach to Form 990.
Information about Schedule D (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public Inspection

Name of the organization

GROUP HEALTH PROGRAM CO NATIONAL
TELECOMMUNICATIONS COOPERATIVE ASSOC

Employer identification number

52-1043923

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" to Form 990, Part IV, line 6.

		(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ........

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised
funds are the organization's property, subject to the organization's exclusive legal control? ............

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be
used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................

Yes No

Part II

Conservation Easements. Complete if the organization answered "Yes" to Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.


a	Total number of conservation easements .......................	2a
b	Total acreage restricted by conservation easements ..................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure listed in the National Register ....................	2d

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during
the tax year SchDMd Bullet

Number of states where property subject to conservation easement is located SchDMd Bullet

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and
enforcement of the conservation easements it holds? .............................

Yes No

Staff and volunteer hours devoted to monitoring, inspecting, and enforcing conservation easements during the year
SchDMd Bullet

Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year
SchDMd Bullet

Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .......................................

Yes No

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" to Form 990, Part IV, line 8.

If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:

(i)

Revenue included in Form 990, Part VIII, line 1 ........................ SchDMd Bullet

(ii)

Assets included in Form 990, Part X .............................. SchDMd Bullet

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under SFAS 116 (ASC 958) relating to these items:

Revenue included in Form 990, Part VIII, line 1 .......................... SchDMd Bullet

Assets included in Form 990, Part X ............................... SchDMd Bullet

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 52283D

Schedule D (Form 990) 2014

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?........

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" to Form 990,
Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No

If "Yes," explain the arrangement in Part XIII and complete the following table:


c	Beginning balance .................................	1c
d	Additions during the year ..............................	1d
e	Distributions during the year .............................	1e
f	Ending balance ...................................	1f

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability?

Yes No

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII .......

Part V

Endowment Funds. Complete if the organization answered "Yes" to Form 990, Part IV, line 10.

		(a)Current year	(b)Prior year	b (c)Two years back	(d)Three years back	(e)Four years back
1a	Beginning of year balance ....
b	Contributions ........
c	Net investment earnings, gains, and losses
d	Grants or scholarships .....
e	Other expenditures for facilities and programs ........
f	Administrative expenses ....
g	End of year balance ......

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment SchDMd Bullet

Permanent endowment SchDMd Bullet

Temporarily restricted endowment SchDMd Bullet

The percentages in lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) unrelated organizations ........................

3a(i)

(ii) related organizations ........................

3a(ii)

If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? .........

Describe in Part XIII the intended uses of the organization's endowment funds.

Part VI

Land, Buildings, and Equipment. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property		(d) Book value
1a	Land .................
b	Buildings ................
c	Leasehold improvements ............
d	Equipment ................
e	Other .................
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).).......		0

Schedule D (Form 990) 2014

Page 3

Part VII

InvestmentsOther Securities. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11b. See Form 990, Part X, line 12.

(a) Description of security or category (including name of security)	(b)Book value	(c) Method of valuation: Cost or end-of-year market value
(1)Financial derivatives
(2)Closely-held equity interests
(3)Other (A) BLACKROCK U.S. DEBT INDEX FUND B	48,381,156	F
(B) BLACKROCK U.S. TREASURY INFLATION PROTECTED	11,794,568	F
(C) BLACKROCK U.S. EQUITY MARKET INDEX FUND B	25,667,946	F






Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)	85,843,670

Part VIII

InvestmentsProgram Related. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11c. See Form 990, Part X, line 13.

(a) Description of investment		(b) Book value	(c) Method of valuation: Cost or end-of-year market value









Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

(a) Description				(b) Book value









Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........

Part X

Other Liabilities. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

1.(a) Description of liability		(b) Book value
Federal income taxes
DUE TO SERVICES MANAGEMENT CORPORATION		86,136








Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)		86,136
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Schedule D (Form 990) 2014

Page 4

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete if the organization answered 'Yes' to Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......			1	292,969,868
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a	-3,315,114
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d .....................			2e	-3,315,114
3	Subtract line 2e from line 1.....................			3	296,284,982
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b.......................			4c	0
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......			5	296,284,982

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' to Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........		1	284,433,487
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities ..........	2a
b	Prior year adjustments ..............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d......................		2e	0
3	Subtract line 2e from line 1.....................		3	284,433,487
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ............	4b
c	Add lines 4a and 4b.......................		4c	0
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......		5	284,433,487

Part XIII

Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b;
Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

Return Reference	Explanation
PART X, LINE 2:	THE PROGRAM OBTAINED ITS LATEST TAX EXEMPTION LETTER ON OCTOBER 24, 1975, IN WHICH THE INTERNAL REVENUE SERVICE (IRS) STATED THAT THE PROGRAM, AS THEN DESIGNED, WAS IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE INTERNAL REVENUE CODE (IRC). WHILE THE PROGRAM HAS BEEN AMENDED SINCE RECEIVING THE EXEMPTION LETTER, THE PROGRAM ADMINISTRATOR AND THE PROGRAM'S ERISA COUNSEL BELIEVE THAT THE PROGRAM CONTINUES TO BE DESIGNED AND OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC. AS A VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION (VEBA), QUALIFIED UNDER IRC SECTION 501(C)(9), THE PROGRAM IS REQUIRED TO OPERATE IN CONFORMITY WITH THE IRC TO MAINTAIN ITS TAX-EXEMPT STATUS. THE PROGRAM ADMINISTRATOR IS NOT AWARE OF ANY COURSE OF ACTION OR SERIES OF EVENTS THAT HAVE OCCURRED THAT MIGHT ADVERSELY AFFECT THE VEBA TAX-EXEMPT STATUS. THE PROGRAM IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(9) OF THE IRC EXCEPT FOR UNRELATED BUSINESS INCOME. THE PROGRAM IDENTIFIED DURING 2014 FOR-PROFIT MEMBER ORGANIZATIONS PARTICIPATING IN THE PLAN WHICH THEN SUBJECTS THE PLAN TO UNRELATED BUSINESS INCOME DUE TO THE OVERFUNDED STATUS. THE AMOUNT SUBJECT TO TAXATION IS BASED ON EXCESS INVESTMENT INCOME. AT DECEMBER 31, 2014, THE PROGRAM HAS RECORDED A LIABILITY OF $1,050,000 AND HAS TOTAL UNRELATED BUSINESS INCOME TAX EXPENSE OF $6,806,300. INCLUDED IN THE 2014 UNRELATED BUSINESS INCOME TAX EXPENSE IS INCOME TAX OF $2,204,434 AND PENALTIES AND INTEREST OF $295,672 FOR THE PROGRAM YEAR ENDED DECEMBER 31, 2013. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE PROGRAM MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PROGRAM AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE PROGRAM HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE PROGRAM IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE PROGRAM ADMINISTRATOR BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2011.

Return Reference

Explanation

PART X, LINE 2:

THE PROGRAM OBTAINED ITS LATEST TAX EXEMPTION LETTER ON OCTOBER 24, 1975, IN WHICH THE INTERNAL REVENUE SERVICE (IRS) STATED THAT THE PROGRAM, AS THEN DESIGNED, WAS IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE INTERNAL REVENUE CODE (IRC). WHILE THE PROGRAM HAS BEEN AMENDED SINCE RECEIVING THE EXEMPTION LETTER, THE PROGRAM ADMINISTRATOR AND THE PROGRAM'S ERISA COUNSEL BELIEVE THAT THE PROGRAM CONTINUES TO BE DESIGNED AND OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC. AS A VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION (VEBA), QUALIFIED UNDER IRC SECTION 501(C)(9), THE PROGRAM IS REQUIRED TO OPERATE IN CONFORMITY WITH THE IRC TO MAINTAIN ITS TAX-EXEMPT STATUS. THE PROGRAM ADMINISTRATOR IS NOT AWARE OF ANY COURSE OF ACTION OR SERIES OF EVENTS THAT HAVE OCCURRED THAT MIGHT ADVERSELY AFFECT THE VEBA TAX-EXEMPT STATUS. THE PROGRAM IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(9) OF THE IRC EXCEPT FOR UNRELATED BUSINESS INCOME. THE PROGRAM IDENTIFIED DURING 2014 FOR-PROFIT MEMBER ORGANIZATIONS PARTICIPATING IN THE PLAN WHICH THEN SUBJECTS THE PLAN TO UNRELATED BUSINESS INCOME DUE TO THE OVERFUNDED STATUS. THE AMOUNT SUBJECT TO TAXATION IS BASED ON EXCESS INVESTMENT INCOME. AT DECEMBER 31, 2014, THE PROGRAM HAS RECORDED A LIABILITY OF $1,050,000 AND HAS TOTAL UNRELATED BUSINESS INCOME TAX EXPENSE OF $6,806,300. INCLUDED IN THE 2014 UNRELATED BUSINESS INCOME TAX EXPENSE IS INCOME TAX OF $2,204,434 AND PENALTIES AND INTEREST OF $295,672 FOR THE PROGRAM YEAR ENDED DECEMBER 31, 2013. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE PROGRAM MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PROGRAM AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE PROGRAM HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE PROGRAM IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE PROGRAM ADMINISTRATOR BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2011.

Schedule D (Form 990) 2014

Additional Data

Software ID:
Software Version:

- TIN:

Schedule J
(Form 990)

Department of the Treasury
Internal Revenue Service

Compensation Information

For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet

Complete if the organization answered "Yes" to Form 990, Part IV, line 23.
SchJMediumBullet

Attach to Form 990.
SchJMediumBullet

Information about Schedule J (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public Inspection

Name of the organization

GROUP HEALTH PROGRAM CO NATIONAL
TELECOMMUNICATIONS COOPERATIVE ASSOC

Employer identification number

52-1043923

Part I

Questions Regarding Compensation

Yes

Check the appropiate box(es) if the organization provided any of the following to or for a person listed in Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.

First-class or charter travel Housing allowance or residence for personal use

Travel for companions Payments for business use of personal residence

Tax idemnification and gross-up payments Health or social club dues or initiation fees

Discretionary spending account Personal services (e.g., maid, chauffeur, chef)

If any of the boxes in line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain....

Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked in line 1a? ..

Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.

Compensation committee Written employment contract

Independent compensation consultant Compensation survey or study

Form 990 of other organizations Approval by the board or compensation committee

During the year, did any person listed in Form 990, Part VII, Section A, line 1a with respect to the filing organization or a related organization:

Receive a severance payment or change-of-control payment? ................

Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........

Yes

Participate in, or receive payment from, an equity-based compensation arrangement? .........

If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.

Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.

For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:

The organization? ...........................

Any related organization? .........................

If "Yes," to line 5a or 5b, describe in Part III.

For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:

The organization? ...........................

Any related organization? .........................

If "Yes," to line 6a or 6b, describe in Part III.

For persons listed in Form 990, Part VII, Section A, line 1a, did the organization provide any non-fixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............

Were any amounts reported in Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III .............................

If "Yes" to line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50053T

Schedule J (Form 990) 2014

Page 2

Part II

Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.

For each individual whose compensation must be reported in Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.

(A) Name and Title		(B) Breakdown of W-2 and/or 1099-MISC compensation			(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)	(F) Compensation in column(B) reported as deferred in prior Form 990
(A) Name and Title		(i) Base compensation	(ii) Bonus & incentive compensation	(iii) Other reportable compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)
1SHIRLEY BLOOMFIELDNTCA CHIEF EXECUTIVE OFFIC	(i) (ii)	0 ............................... 516,764	0 ............................... 53,656	0 ............................... 17,500	0 ............................... 119,319	0 ............................... 28,741	0 ............................... 735,980	0 ............................... 0
2MICHAEL VIANDSCHIEF FINANICAL OFFICER	(i) (ii)	0 ............................... 155,624	0 ............................... 9,800	0 ............................... 0	0 ............................... 31,748	0 ............................... 32,663	0 ............................... 229,835	0 ............................... 0

Schedule J (Form 990) 2014

Page 3

Part III

Supplemental Information

Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II.
Also complete this part for any additional information.

Return Reference	Explanation
PART I, LINE 3	THE FOUNDATION RELIED ON A RELATED ORGANIZATION TO DETERMINE THE COMPENSATION FOR ITS TOP MANAGEMENT OFFICIAL. THE RELATED ORGANIZATION USES THE FOLLOWING PRACTICES TO DETERMINE COMPENSATION: INDEPENDENT COMPENSATION CONSULTANT, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.
PART I, LINE 4B	SHIRLEY BLOOMFIELD - $71,327 - 457(F) PLAN CONTRIBUTION

Schedule J (Form 990) 2014

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public
Inspection

Name of the organization

GROUP HEALTH PROGRAM CO NATIONAL
TELECOMMUNICATIONS COOPERATIVE ASSOC

Employer identification number

52-1043923

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 3	THE TRUSTEE COMMITTEE HAS CONTRACTED WITH SERVICES MANAGEMENT CORPORATION TO ACT AS A THIRD PARTY ADMINISTRATOR. THE CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER ARE COMPENSATED BY THE NATIONAL TELECOMMUNICATIONS COOPERATIVE ASSOCIATION, WHICH IS A RELATED ORGANIZATION.
FORM 990, PART VI, SECTION B, LINE 11	THE FORM 990 IS REVIEWED BY BOTH THE CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER PRIOR TO ITS FILING, BUT IT IS NOT REVIEWED BY ALL TRUSTEES.
FORM 990, PART VI, SECTION B, LINE 12C	THE PROGRAM'S CONFLICT OF INTEREST POLICY APPLIES TO ALL BOARD MEMBERS AND OFFICERS. WHEN A PERSON BECOMES AWARE OF AN ACTUAL OR POTENTIAL CONFLICT, THEY DISCLOSE ALL RELEVANT INFORMATION TO THE BOARD CHAIR OR VICE CHAIR, REMOVE THEMSELVES FROM ALL DISCUSSIONS OF THE MATTER, AND REMOVE THEMSELVES FROM ALL VOTES ON THE MATTER. THE BOARD MAY VOTE TO ENTER THE TRANSACTION IF IT DETERMINES THAT THE TRANSACTION IS IN THE PROGRAM'S BEST INTEREST. ALL RELEVANT INFORMATION IS DOCUMENTED IN THE MEETING MINUTES. IF A PERSON VIOLATES THE PROGRAM'S CONFLICT OF INTEREST POLICY, THEY INFORM THE BOARD CHAIR AND THE PROGRAM'S GENERAL COUNSEL, WHO TAKE APPROPRIATE ACTION.
FORM 990, PART VI, SECTION B, LINE 15	THE PROGRAM HAS NO PAID EMPLOYEES.
FORM 990, PART VI, SECTION C, LINE 19	THE PROGRAM'S GOVERNING DOCUMENTS ARE AVAILABLE ON THE WEBSITE. THE PROGRAM'S CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART VII:	THE COMPENSATED OFFICERS LISTED IN FORM 990, PART VII WERE COMPENSATED THROUGH NATIONAL TELECOMMUNICATIONS COOPERATIVE ASSOCIATION. THE HOURS PER WEEK INDICATED IN FORM 990, PART VII FOR THESE OFFICERS ARE FOR NATIONAL TELECOMMUNICATIONS COOPERATIVE ASSOCIATION AND ITS RELATED ENTITIES AND TRUST.
FORM 990, PART XII, LINE 2C:	THE PROCESS FOR SELECTION AND OVERSIGHT OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM PRIOR YEAR.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2014

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE R
(Form 990)

Department of the Treasury
Internal Revenue Service

Related Organizations and Unrelated Partnerships

Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
MediumBullet

Attach to Form 990.
MediumBullet

Information about Schedule R (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Open to Public Inspection

Name of the organization

GROUP HEALTH PROGRAM CO NATIONAL
TELECOMMUNICATIONS COOPERATIVE ASSOC

Employer identification number

52-1043923

Part I

Identification of Disregarded Entities Complete if the organization answered "Yes" on Form 990, Part IV, line 33.

(a) Name, address, and EIN (if applicable) of disregarded entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Total income	(e) End-of-year assets	(f) Direct controlling entity

Part II

Identification of Related Tax-Exempt Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	(g) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	Yes	No
(1) NTCA MASTER TRUST FOR DEFERRED COMP PLANS 4121 WILSON BOULEVARD 10TH FLOOR ARLINGTON,VA22203 56-6678513	DEFERRED COMPENSATION	VA	501(C)(9)	N/A	NTCA		No
(2) NTCA REGIONAL RETIREE MEDICAL FUNDING TRUST I 4121 WILSON BOULEVARD 10TH FLOOR ARLINGTON,VA22203 52-6737391	POST RETIREMENT BENEFITS	DC	501(C)(9)	N/A	NTCA		No
(3) NTCA REGIONAL RETIREE MEDICAL FUNDING TRUST II 4121 WILSON BOULEVARD 10TH FLOOR ARLINGTON,VA22203 52-6685526	POST RETIREMENT BENEFITS	DC	501(C)(9)	N/A	NTCA		No
(4) NTCA RETIREMENT AND SECURITY PROGRAM 4121 WILSON BOULEVARD 10TH FLOOR ARLINGTON,VA22203 52-1558805	DEFINED BENEFIT PLAN	VA	501(C)(9)	N/A	NTCA		No
(5) NTCA SAVINGS PLAN 4121 WILSON BOULEVARD 10TH FLOOR ARLINGTON,VA22203 52-1522857	DEFINED CONTRIBUTION PLAN	VA	501(C)(9)	N/A	NTCA		No
(6) COPPER VALLEY TELEPHONE COOP INC
(7) ALASKA EXCHANGE CARRIERS ASSN
(8) VALLEY TELEPHONE COOP INC
(9) PLAINS COOPERATIVE TEL ASSN INC
(10) PLANTERS RURAL TELEPHONE COOPERATIVE INC
(11) BULLOCH TELEPHONE COOP INC
(12) INDIANA TELECOMMUNICATIONS ASSOCIATION
(13) COOPERATIVE TELEPHONE COMPANY
(14) PALO COOPERATIVE TELEPHONE ASSOCIATION
(15) UNITED TELEPHONE ASSOCOATION INC
(16) CONSOLIDATED TELEPHONE COMPANY
(17) MABEL COOPERATIVE TELEPHONE COMPANY
(18) CONSOLIDATED TELEPHONE COMPANY
(19) MISSOURI TELECOMM INDUSTRY ASSOC
(20) WESTERN TELECOMMUNICATIONS ALLIANCE
(21) NEBRASKA TELECOMM ASSOCIATION
(22) ENMR TELEPHONE COOPERATIVE
(23) NEW YORK STATE TELECOMM ASSOC INC
(24) SKYLINE MEMBERSHIP CORPORATION NC
(25) NORTH DAKOTA ASSN OF TELECOMMUNICATIONS COOPERATIVES
(26) RED RIVER RURAL TELE ASSOC INC
(27) TELECOM TRAINING & SAFETY
(28) OHIO TELECOM ASSOC
(29) OREGON TELECOMMUNICATIONS ASSOCIATION
(30) SOUTH CAROLINA TELECOMMUNICATIONS ASSOC ASSOC
(31) RANDOLPH TELEPHONE MEMBERSHIP CORPORATION
(32) SANDHILL TELEPHONE COOP INC
(33) VALLEY TELECOMMUNICATIONS COOPERATIVE ASSOCIATION INC
(34) DEKALB TELEPHONE COOPERATIVE INC
(35) BLEDSOE TELEPHONE COOPERATIVE CORPORATION INC
(36) MID-PLAINS RURAL TELE COOP INC
(37) WASHINGTON INDEPENDENT TELECOMM ASSOC
(38) WISCONSIN STATE TELECOMM ASSOC
(39) PANORA COMMUNICATIONS COOPERATIVE
(40) MATANUSKA TELE ASSN INC
(41) OTZ TELE COOP INC
(42) MATANUSKA TELE ASSN INC
(43) CORDOVA TELEPHONE COOPERATIVE INC
(44) OTZ TELEPHONE COOPERATIVE INC
(45) CORDOVA TELEPHONE COOPERATIVE INC
(46) FORT MOJAVE TELECOMMUNICATIONS INC
(47) SOUTHWEST ARKANSAS TELE COOP INC
(48) CENTRAL ARKANSAS TEL CO-OP INC
(49) WIGGINS TELE ASSN
(50) PEETZ COOPERATIVE TELEPHONE CO
(51) FLORIDA TELECOMMUNICATION RELAY INC
(52) PROGRESSIVE RURAL TEL CO-OP
(53) CUSTER TELE CO-OP INC
(54) PROJECT MUTUAL TEL COOP ASSN
(55) EGYPTIAN TEL CO-OP ASSN
(56) EGYPTIAN TELEPHONE CO-OP ASSN
(57) DAVIESS-MARTIN RURAL TELE CORP
(58) PERRY-SPENCER RURAL TELE COOP
(59) SEI COMMUNICATIONS
(60) NINESTAR CONNECT
(61) PERRY-SPENCER RURAL TELEPHONE COOP
(62) SEI COMMUNICATIONS
(63) SOUTH SLOPE COOPERATIVE TELEPHONE
(64) HEART OF IOWA COMMUNICATIONS COOP
(65) NORTHWEST TELE COOP ASSN
(66) EAST BUCHANAN TELE CO-OP
(67) KALONA COOPERATIVE TELEPHONE CO
(68) DUNKERTON TELEPHONE COOPERATIVE
(69) FENTON COOPERATIVE TELEPHONE CO
(70) HUBBARD CO-OPERATIVE TELEPHONE ASSN
(71) SOUTH SLOPE COOPERATIVE TELEPHONE
(72) VAN HORNE COOPERATIVE TELE CO
(73) PIONEER TELE ASSN INC
(74) CRAW-KAN TELE COOP INC
(75) BLUE VALLEY TELECOMMUNICATIONS INC
(76) SOUTH CENTRAL RURAL TELE COOP
(77) WEST KENTUCKY RURAL TELE COOP
(78) DUO COUNTY TELE CO-OP CORP INC
(79) LOGAN TELE COOP INC
(80) GARDEN VALLEY TELE CO
(81) GARDEN VALLEY TELE CO
(82) HALSTAD TELE CO
(83) PAUL BUNYAN RURAL TELE CO-OP
(84) WEST CENTRAL TELE ASSN
(85) GRAND RIVER MUTUAL TELE CORP
(86) MARK TWAIN RURAL TELE CO
(87) GRAND RIVER MUTUAL TELEPHONE CORP
(88) MARK TWAIN RURAL TELEPHONE CO
(89) HEMINGFORD COOP TELE CO
(90) PENASCO VALLEY TELE COOP INC
(91) SURRY TELEPHONE MEMB CORP
(92) TRI-COUNTY TELE MEMB CORP
(93) ATMC
(94) RESERVATION TELEPHONE COOPERATIVE
(95) NORTHWEST COMMUNICATIONS COOP
(96) POLAR COMM MUTUAL AID CORP
(97) WEST RIVER TELECOMMUNICATIONS COOP
(98) POLAR COMM MUTUAL AID CORP
(99) RESERVATION TELEPHONE COOPERATIVE
(100) WEST RIVER TELECOMMUNICATIONS COOP
(101) THE OTTOVILLE MUTUAL TELE CO
(102) MINFORD TELEPHONE COMPANY
(103) PIONEER TELE COOP
(104) COLTON TELEPHONE COMPANY
(105) STAYTON COOP TELE CO
(106) CANBY TELEPHONE ASSOCIATION
(107) SCIO MUTUAL TELE ASSN
(108) W CAROLINA RURAL TELE COOP INC
(109) MIDSTATE COMMUNICATIONS
(110) WEST RIVER COOP TELE CO
(111) TWIN LAKES TELE COOP CORP
(112) BEN LOMAND RUR TELE COOP INC
(113) FIVE AREA TELE COOP INC
(114) WEST TEXAS RURAL TELE COOP INC
(115) EASTEX TELE COOP INC
(116) POKA-LAMBRO TELEPHONE COOP INC
(117) TAYLOR TELE COOP INC
(118) BRAZOS TELEPHONE COOPERATIVE INC
(119) VALLEY TELE COOP INC
(120) DELL TELE COOP INC
(121) HILL COUNTRY TELE COOP INC
(122) COLORADO VALLEY TELE COOP INC
(123) SOUTH CENTRAL UTAH TELE ASSN INC
(124) SCOTT COUNTY TELE COOP INC
(125) BUGGS ISLAND TELE COOP INC
(126) PEMBROKE TELE COOPERATIVE
(127) HARDY TELECOMMUNICATIONS INC
(128) SPRUCE KNOB SENECA ROCKS TELE INC
(129) LA VALLE TELE COOPERATIVE
(130) CHIBARDUN TELE COOP INC
(131) TRI-COUNTY COMM COOP INC
(132) WASHINGTON INDEPENDENT TELECOMM ASSOC

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50135Y

Schedule R (Form 990) 2014

Page 2

Part III

Identification of Related Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a partnership during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No
(1) JSI CAPITAL ADVISORS LLC
(2) TOTELCOM COMMUNICATIONS LLC
(3) COPPER VALLEY WIRELESS LLC
(4) SYRINGA NETWORKS LLC
(5) CUSTER TELE BROADBAND SERVICES LLC
(6) INDIANA FIBER NETWORKS LLC
(7) KANSAS FIBER NETWORK LLC
(8) EAST KENTUCKY NETWORK LLC
(9) ACIRA LLC
(10) MONTANA INDEP TELECOMM SYSTEMS LLC
(11) NEBRASKALINK HOLDINGS LLC
(12) FUEGO WIRELESS LLC
(13) VISIONS WEST LLC
(14) DCN LLC DBA DAKOTA CARRIER NETWORK
(15) EASTERN OREGON TELECOM LLC
(16) FTC COMMUNICATIONS LLC
(17) COLLEGE PUBLISHING
(18) COMMUNICATIONS MGMT GROUP LLC
(19) MIDWEST VIDEO SOLUTIONS
(20) CREATIVE SUPPORT SOLUTIONS LLC
(21) KENTUCKY TELEPHONE ASSOCIATION
(22) WEST CENTRAL WIRELESS

Part IV

Identification of Related Organizations Taxable as a Corporation or Trust Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(i) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	Yes	No
(1) NUNN TELEPHONE COMPANY
(2) INDIANTOWN COMPANY INC
(3) NEW WINDSOR TELEPHONE CO
(4) BREDA TELEPHONE CORP
(5) MILES COOPERATIVE TELEPHONE ASSOCIATION
(6) ZENDA TELEPHONE COMPANY INC
(7) TRI-COUNTY TELE ASSOCIATION INC
(8) JBN TELEPHONE COMPANY
(9) TELECOM MANAGEMENT SERVICES INC
(10) CAMPTI-PLEASANT HILL TELE CO INC
(11) WALDRON TELEPHONE COMPANY
(12) SPRINGPORT TELEPHONE COMPANY
(13) GREEN HILLS TELEPHONE CORPORATION
(14) NEW FLORENCE TELEPHONE COMPANY
(15) BPS TELEPHONE COMPANY
(16) BPS TELEPHONE COMPANY
(17) PEACE VALLEY TELEPHONE COMPANY INC
(18) MONTANA TELECOMMUNICATIONS ASSOCIATION
(19) NORTHERN DIRECTORY PUBLISHING INC
(20) LINCOLN COUNTY TELE SYSTEM INC
(21) BRETTON WOODS TELEPHONE COMPANY INC
(22) NATIONAL EXCHANGE CARRIER ASSOCIATION INC
(23) NICHOLVILLE TEL CO INC
(24) BASCOM MUTUAL TELEPHONE CO
(25) SHIDLER TELEPHONE COMPANY
(26) FARMERS TELE COOP INC
(27) ARDMORE TELEPHONE COMPANY INC
(28) FIRST CHOICE SECURITY INC
(29) NORTH CENTRAL SECURITY SERVICES
(30) COLEMAN COUNTY TELEPHONE COOPERATIVE
(31) MUENSTER TELEPHONE CORPORATION OF TEXAS DBA NORTEX COMMUNICATIONS
(32) CAP ROCK TELEPHONE COOPERATIVE INC
(33) TELCOM SUPPLY INC
(34) TOPSHAM TELE CO INC
(35) VTEL DATA NETWORKS INC
(36) VERMONT NATIONAL TELEPHONE COMPANY INC
(37) WESTERN WAHKIAKUM COUNTY TELEPHONE CO
(38) VERNON TELEPHONE COOPERATIVE
(39) CUBA CITY TELEPHONE EXCHANGE CO
(40) WOOD COUNTY TELEPHONE COMPANY DBA SOLARUS
(41) ARCTIC SLOPE TELE ASSN COOP INC
(42) COPPER VALLEY TELEPHONE COOP INC
(43) ALASKA TELEPHONE ASSOCIATION
(44) ARCTIC SLOPE TELEPHONE ASSN COOP
(45) REVL COMMUNICATIONS INC
(46) SUMMIT TELEPHONE COMPANY
(47) ACCIPITER COMMUNICATIONS INCORP
(48) HOPI TELECOM INC
(49) COMMUNICATIONS SUPPLY SERVICE ASSOC
(50) THE PONDEROSA TELEPHONE CO
(51) CAL-ORE TELEPHONE COMPANY
(52) BIJOU TELEPHONE COOPERATIVE ASSN
(53) FARMERS TELEPHONE CO
(54) PINE DRIVE TELEPHONE COMPANY
(55) ROGGEN TELEPHONE COOPERATIVE
(56) AGATE MUTUAL TELEPHONE COOP ASSN
(57) ITS TELECOMMUNICATIONS SYSTEMS
(58) PEMBROKE TELEPHONE COMPANY INC
(59) GEORGIA TELEPHONE ASSOCIATION
(60) GLENWOOD TELEPHONE COMPANY
(61) MUD LAKE TELEPHONE COOPERATIVE
(62) FILER MUTUAL TELEPHONE COMPANY
(63) FARMERS MUTUAL TELEPHONE CO
(64) MID CENTURY TELE COOP INC
(65) MCDONOUGH TELE COOP INC
(66) HAMILTON COUNTY TEL CO-OP
(67) SHAWNEE TELEPHONE COMPANY
(68) MOULTRIE INDEPENDENT TELE COMP
(69) GRIDLEY TELEPHONE COMPANY
(70) HAMILTON COUNTY TELE COOP INC
(71) WOODHULL COMMUNITY TELE CO INC
(72) CROSSVILLE TELEPHONE COMPANY
(73) ILLINOIS TELECOMMUNICATIONS ASSN
(74) ONEIDA TELEPHONE EXCHANGE
(75) TONICA TELEPHONE COMPANY
(76) PULASKI WHITE RURAL TEL CO-OP
(77) YEOMAN TELE CO INC
(78) GEETINGSVILLE TELEPHONE CO INC
(79) CENTRAL INDIANA POWER INC
(80) LIGONIER TELEPHONE COMPANY INC
(81) CITIZENS TELEPHONE CORPORATION
(82) CENTRAL INDIANA COMMUNICATIONS INC
(83) CITIZENS MUTUAL TELE COOPERATIVE
(84) FARMERS MUTUAL TEL CO DBA USA COMM
(85) FARMERS TELEPHONE COMPANY
(86) COOPERATIVE TELE EXCHANGE
(87) COLO TELEPHONE COMPANY
(88) IAMO TELEPHONE CO INC
(89) MINBURN TELEPHONE COMPANY
(90) ROYAL TELEPHONE COMPANY
(91) STRATFORD MUTUAL TELEPHONE COMPANY
(92) AYRSHIRE FARMERS MUTUAL TELEPHONE CO
(93) LOST NATION-ELWOOD TELE CO
(94) MEDIAPOLIS TELE CO DBA MTC TECH
(95) TERRIL TELEPHONE COOPERATIVE
(96) COON CREEK TELEPHONE COMPANY
(97) DUMONT TELEPHONE
(98) PARTNER COMMUNICATIONS COOP
(99) MARTELLE COOP TELE ASSOCIATION
(100) PALMER MUTUAL TELEPHONE COMPANY
(101) READLYN TELEPHONE COMPANY
(102) SPRINGVILLE COOP TELE ASSN INC
(103) TITONKA TELEPHONE COMPANY
(104) HAVILAND TELEPHONE COMPANY INC
(105) KANOKLA TELEPHONE ASSOCIATION
(106) S & T TELE COOP ASSN
(107) RAINBOW TELECOMMUNICATIONS ASSN
(108) GOLDEN BELT TELE ASSN INC
(109) WAMEGO TELEPHONE COMPANY INC
(110) PEOPLES RURAL TELEPHONE COOP
(111) THACKER-GRIGSBY TELE CO INC
(112) BLUEGRASS CELLULAR
(113) BLUEGRASS CELLULAR
(114) FRIEDRICH & ASSOCIATES INC
(115) BLOOMINGDALE TELEPHONE CO INC
(116) ONTONAGON COUNTY TELEPHONE CO
(117) HIAWATHA TELEPHONE COMPANY
(118) CHIPPEWA COUNTY TELEPHONE COMPANY
(119) MIDWAY TELEPHONE COMPANY
(120) CARR TELEPHONE COMPANY
(121) SAND CREEK TELEPHONE COMPANY
(122) HIAWATHA COMMUNICATIONS INC
(123) PARK REGION MUTUAL TELE CO
(124) GARDONVILLE COOP TELE ASSN
(125) ALBANY MUTUAL TELE ASSN
(126) BENTON CO-OP TELE CO
(127) UPSALA COOP TELE ASSN
(128) BRANDON COMMUNICATIONS
(129) GEORGETOWN TELEPHONE COMPANY INC
(130) CHARITON VALLEY TELE CORP
(131) KINGDOM TELE CO
(132) ROCK PORT TELEPHONE CO
(133) LATHROP TELEPHONE COMPANY
(134) MILLER TELEPHONE COMPANY INC
(135) NORTHEAST MISSOURI RURAL TELE
(136) KINGDOM TELEPHONE CO
(137) CHARITON VALLEY SERVICES CORP
(138) MIDWEST DATA CENTER INC
(139) KINGDOM TELECOMMUNICATIONS INC
(140) NORTHERN TELE COOP INC
(141) TRIANGLE TELE COOP ASSN INC
(142) BLACKFOOT TELE COOP INC
(143) HOT SPRINGS TELEPHONE COMPANY INC
(144) CLARK FORK TELECOMMUNICATIONS INC
(145) TRIANGLE TELE COOP ASSN INC
(146) NEMONT TELEPHONE COOP
(147) VISION NET INC
(148) BLACKFOOT TELE COOP INC
(149) NORTHEAST NEBRASKA TELEPHONE CO
(150) GLENWOOD TELE MEMBERSHIP CORP
(151) HERSHEY COOP TELE CO
(152) HENDERSON COOP TELE COMPANY
(153) BACA VALLEY TELEPHONE COMPANY INC
(154) TULAROSA BASIN TELEPHONE CO INC
(155) PVT NETWORKS INC
(156) CITIZENS TELE CO OF HAMMOND INC
(157) MARGARETVILLE TELEPHONE CO INC
(158) GERMANTOWN TEL COMPANY INC
(159) CHAMPLAIN TELEPHONE COMPANY
(160) FISHERS ISLAND DEVELOPMENT CORPORATION
(161) CHAMPLAIN TELEPHONE COMPANY
(162) FISHERS ISLAND UTILITY COMPANY
(163) PRIME LINK INC
(164) SLIC NETWORK SOLUTIONS INC
(165) ELLERBE TELEPHONE COMPANY INC
(166) SKYBEST COMMUNICATIONS
(167) DICKEY RURAL TELEPHONE COOP
(168) DAKOTA CENTRAL TELECOM COOP
(169) UNITED TELE MUTUAL AID CORP
(170) SRT COMMUNICATIONS INC
(171) BEK COMMUNICATION COOP
(172) CONSOLIDATED TELCOM
(173) NORTH DAKOTA TELEPHONE CO
(174) NORTH DAKOTA TELEPHONE COMPANY
(175) DAKOTA CENTRAL TELECOM COOP
(176) SRT COMMUNICATIONS INC
(177) DICKEY RURAL TELEPHONE COOP
(178) KALIDA TELEPHONE COMPANY
(179) FORT JENNINGS TELEPHONE COMPANY
(180) NEW KNOXVILLE TELEPHONE COMPANY
(181) RIDGEVILLE TELEPHONE CO
(182) PANHANDLE TELE COOP INC
(183) TOTAH COMMUNICATIONS INC
(184) SALINA-SPAVINAW TELEPHONE CO INC
(185) CARNEGIE TELEPHONE CO INC
(186) MONTE R LEE & CO CONS ENGRS
(187) PANHANDLE TELECOM SYSTEMS INC
(188) MIDLAND GROUP INC
(189) GERVAIS TELE CO
(190) ROOME TELECOMMUNICATIONS INC
(191) ST PAUL COOP TELE ASSOC
(192) WESTERN INDEPENDENT NETWORKS INC
(193) VENUS TELEPHONE CORPORATION
(194) CHESNEE TELEPHONE COMPANY INC
(195) GOLDEN WEST TELECOMMUN COOP
(196) JAMES VALLEY COOP TELE CO
(197) TRIOTEL COMMUNICATIONS INC
(198) ROBERTS COUNTY TELE COOP ASSN
(199) SANTEL COMMUNICATIONS COOP
(200) INTERSTATE TELECOM COOP INC
(201) VENTURE COMMUNICATIONS COOPERATIVE
(202) SANCOM INC
(203) GOLDEN WEST TECHNOLOGIES
(204) GOLDEN WEST WIRELESS DBA RAPIDNET
(205) SANCOM INC
(206) MILBANK COMMUNICATIONS INC
(207) SANTEL COMMUNICATIONS COOPERATIVE
(208) VENTURE COMMUNICATIONS COOPERATIVE
(209) ONWAV INC
(210) TWIN LAKES COMMUNICATIONS
(211) BRAZORIA TELEPHONE COMPANY
(212) SOUTH PLAINS TELE COOP INC
(213) WES-TEX TELE COOP INC
(214) PEOPLES TELE COOP INC
(215) XIT RURAL TELEPHONE COOP INC
(216) GUADALUPE VALLEY TELE COOP INC
(217) BIG BEND TELEPHONE COMPANY
(218) CUMBY TELEPHONE COOPERATIVE INC
(219) LIVINGSTON TELEPHONE COMPANY
(220) COMPUTEL SERVICES INC
(221) MITCHELL ENGINEERING
(222) MID-SOUTH TELECOMM CO INC
(223) UBTA-UBET COMM DBA STRATA NETWORKS
(224) SOUTH CENTRAL WIRELESS
(225) VIRGINIA TELECOMMUNICATIONS INDUSTRY ASSOC
(226) SCOTT TELECOM & ELECTRONICS
(227) PIONEER TELEPHONE COMPANY
(228) THE TOLEDO TELEPHONE CO INC
(229) WEST SIDE TELECOMMUNICATIONS
(230) MARQUETTE-ADAMS TELE COOP INC
(231) CHEQUAMEGON DBA NORVADO
(232) COON VALLEY FARMERS TELE COMP INC
(233) AMERY TELCOM INC
(234) WEST WISCONSIN TELE COOP INC
(235) BALDWIN TELECOM INC
(236) BLOOMER TELEPHONE COMPANY
(237) PRICE COUNTY TELEPHONE COMPANY
(238) SIREN TELEPHONE CO INC
(239) COCHRANE COOP TELE CO
(240) WITTENBERG TELEPHONE COMPANY
(241) LEMONWEIR VALLEY TELEPHONE COMPANY
(242) NORVADO INC
(243) SPRING VALLEY TELEPHONE COMPANY
(244) TECH COM INC
(245) ACCESS WISCONSIN
(246) SILVER STAR TELEPHONE CO INC
(247) DUBOIS TELEPHONE EXCHANGE INC
(248) RT COMMUNICATIONS INC
(249) COLUMBINE TELEPHONE CO INC
(250) WABASH TELE COOP INC
(251) WABASH TELE COOP INC
(252) WABASH INDEPENDENT NETWORKS
(253) THE BKM GROUP LLC
(254) INTER-COMMUNITY TELE COMPANY
(255) PREMIERE ENTERPRISES LLC
(256) NORTHERN VALLEY COMMUNICATIONS LLC
(257) MTA COMMUNICATIONS LLC
(258) CORDOVA WIRELESS COMMUNICATIONS
(259) ADAK EAGLE ENT LLC DBA ADAK TEL UTIL
(260) PEOPLES TELECOMMUNICATIONS LLC
(261) ALLBAND COMMUNICATIONS COOP
(262) CAMBRIDGE TELEPHONE COMPANY
(263) NEW YORK ACCESS BILLING LLC
(264) CENTRAL OKLAHOMA TELEPHONE CO LLC
(265) CANADIAN VALLEY TELEPHONE COMPANY
(266) TENNESSEE TELECOMM GROUP
(267) LAKELAND COMMUNICATIONS
(268) GOLD STAR COMMUNICATIONS
(269) FUSED SOLUTIONS LLC
(270) FARMERS TELECOMM COOP INC
(271) TELECOMM ASSOC OF THE SOUTHEAST
(272) BRISTOL BAY TELEPHONE COOP INC
(273) BUSH-TELL INC
(274) YUKON TELEPHONE COMPANY INC
(275) TABLE TOP TELEPHONE CO INC
(276) SISKIYOU TELEPHONE
(277) EASTERN SLOPE RURAL TEL ASSN
(278) NUCLA-NATURITA TELEPHONE
(279) BLANCA TELEPHONE COMPANY INC
(280) PHILLIPS COUNTY TELEPHONE CO
(281) COLORADO COMMUNICATIONS TRANSPORT LLC
(282) RYE TELEPHONE INC
(283) ALEXICON TELECOM CONSULTING
(284) DALTON TELEPHONE COMPANY INC
(285) LUKAS NACE GUTIERREZ & SACHS
(286) PUBLIC SERVICE TELEPHONE COMPANY
(287) TRENTON TELEPHONE COMPANY INC
(288) PUBLIC SERVICE COMMUNICATIONS INC
(289) WAVERLY HALL TELEPHONE
(290) OREGON-IDAHO UTILITIES INC
(291) ROBINSON COMMUNICATIONS CORP
(292) SYRINGA WIRELESS LLC
(293) COMMUNICATIONS DATA GROUP INC
(294) ADAMS TEL CO-OP
(295) LEAF RIVER TELEPHONE INC
(296) INDEPENDENT TELCOM ASSOCIATES INC
(297) GLASFORD TELEPHONE COMPANY
(298) MCNABB TELEPHONE COMPANY
(299) VIOLA HOME TELEPHONE COMPANY
(300) ILLINOIS TELECOMMUNI ACCESS CORP
(301) COMTECH SOLUTIONS LLC
(302) RESPOND SERVICE COMPANY INC
(303) HAMILTON COUNTY COMMUNICATIONS INC
(304) ENDEAVOR COMMUNICATIONS
(305) WASHINGTON COUNTY RURAL TEL
(306) SWAYZEE TELEPHONE COMPANY INC
(307) SWEETSER TELEPHONE CO INC
(308) MULBERRY COOPERATIVE TELEPHONE CO
(309) FARMERS CO-OP TELE CO
(310) FARMERS MUTUAL CO-OP TELE CO
(311) KEYSTONE FARMERS CO-OP TELE CO
(312) BROOKLYN MUTUAL TELECOMMUN COOP
(313) MINERVA VALLEY TELEPHONE CO INC
(314) WELLMAN CO-OPERATIVE TELE ASSN
(315) CUMBERLAND TELEPHONE COMPANY
(316) RIVER VALLEY TELECOMM COOP
(317) FARMERS TELEPHONE COMPANY
(318) RINGSTED TELEPHONE COMPANY
(319) UNITED FARMERS TELEPHONE COMPANY
(320) HAWKEYE TELEPHONE COMPANY
(321) HUXLEY COMMUNICATIONS COOPERATIVE
(322) MECHANICSVILLE TELEPHONE CO
(323) MUTUAL TELE COMP OF MORNING SUN
(324) D-C COMMUNICATIONS
(325) SOUTH CENTRAL TELE ASSN INC
(326) S&A TELEPHONE
(327) MUTUAL TELEPHONE COMPANY
(328) LR COMMUNICATIONS INC
(329) MOUNTAIN RUR TELE COOP CORP INC
(330) BALLARD RURAL TELE COOP INC
(331) FOOTHILLS RURAL TELE CO-OP
(332) SALEM TELEPHONE COMPANY INC
(333) TELCOM INSURANCE SERVICES CORP
(334) SPRING GROVE COMMUNICATIONS
(335) EMILY COOPERATIVE TELEPHONE CO
(336) CROSSLAKE COMMUNICATIONS
(337) RURAL COMM HOLDING CORP
(338) ARVIG
(339) HANSON COMMUNICATIONS INC
(340) EMILY COOP TELEPHONE CO
(341) MINNESOTA TELECOM ALLIANCE
(342) STEELVILLE TELE EXCHANGE INC
(343) NORTHEAST MISSOURI RURAL TELE
(344) OREGON FARMERS MUTUAL TELEPHONE CO
(345) FARBER TELEPHONE CO
(346) NEMONT TELE COOP INC
(347) MID-RIVERS TELE COOP INC
(348) RANGE TELE COOP INC
(349) PROJECT TELEPHONE COMPANY
(350) PROJECT TELEPHONE COMPANY
(351) MISSOURI VALLEY COMMUNICATIONS INC
(352) MISSOURI VALLEY COMMUNICATIONS INC
(353) ICONNECT MONTANA LLC
(354) THREE RIVER TELCO
(355) ARAPAHOE TELEPHONE COMPANY
(356) K & M TELEPHONE COMPANY INC
(357) CURTIS TELEPHONE COMPANY INC
(358) CONSOLIDATED TELEPHONE COMPANY
(359) THREE RIVER DIGITAL CABLE LLC
(360) MOAPA VALLEY TELEPHONE CO
(361) CHRISTIAN ENTERPRISES
(362) GREAT BASIN FOODS INC
(363) UNIVERSAL SERVICE ADMIN CO
(364) LEACO RURAL TELE COOP INC
(365) ROOSEVELT COUNTY RURAL TEL CO (YUCCA)
(366) LA JICARITA RURAL TELE COOP
(367) LA JICARITA RURAL TELEPHONE COOP
(368) CROWN POINT TELE CORPORATION
(369) DELHI TELEPHONE COMPANY
(370) COMMSOFT
(371) SLIC BUSINESS SOLUTION DBANOVATECH
(372) THE DATA CENTER INC
(373) CAROLINALINK
(374) OAKWOOD TELE CO DBA TDS TELECOM
(375) BUCKLAND TELEPHONE COMPANY
(376) FARMERS MUTUAL TELEPHONE CO
(377) GLANDORF TELEPHONE CO INC
(378) SYCAMORE TELEPHONE COMPANY
(379) THE VAUGHNSVILLE TELEPHONE COMPANY
(380) SYCAMORE CELLULAR TELEPHONE CO
(381) NORTH WEST NET INC
(382) BRIGHTNET NORTH INC
(383) GRAND TELEPHONE COMPANY INC
(384) OKLAHOMA WESTERN TELEPHONE CO
(385) BEACON TELECOM ADVISORS LLC
(386) MONITOR COOP TELE CO
(387) CLEAR CREEK MUTUAL TELE CO
(388) MOLALLA TELEPHONE COMPANY
(389) HELIX TELEPHONE COMPANY
(390) USCONNECT SERVICES CO INC
(391) PALMETTO RURAL TELE COOP INC
(392) PALMETTO RURAL TELEPHONE CO-OP INC
(393) CRST TELEPHONE AUTHORITY
(394) SOUTH DAKOTA TELECOMMUN ASSOC
(395) NORTH CENTRAL TELE COOP INC
(396) VOLUNTEER COMMUNICATIONS
(397) CENTRAL TEXAS TELE COOP INC
(398) COMMUNITY TELEPHONE COMPANY INC
(399) LIPAN TELEPHONE COMPANY
(400) TEXAS STATEWIDE TELEPHONE COOPERATIVE INC
(401) INDEPENDENT TELE DIRECTORY CO INC
(402) TEXAS TELEPHONE ASSOCIATION
(403) ROLLA L JOHNSON & ASSOCIATES INC
(404) EN-TOUCH SYSTEMS
(405) TEXAS LONE STAR NETWORK
(406) CHOICE WIRELESS LC
(407) LAKE LIVINGSTON TELEPHONE CO
(408) EMERY TELCOM
(409) MGW TELEPHONE COMPANY
(410) WEST GATE COMMUN LLC DBA WEAVTEL
(411) CLEAR LAKE TELEPHONE COMPANY
(412) NELSON COMMUNICATIONS COOPERATIVE
(413) CITIZENS TELE COOP INC
(414) FARMERS INDEPENDENT TELE CO
(415) MANAWA TELEPHONE COMPANY
(416) BRUCE TELEPHONE COMPANY
(417) UNION TELEPHONE COMPANY
(418) BADGER COMMUNICATIONS CORPORATION
(419) CHIPPEWA VALLEY CABLE INC
(420) CELECT COMMUNICATIONS LLC
(421) PIONEER DIRECTORIES
(422) TRI-COUNTY TELEPHONE ASSN INC
(423) ADVANCED COMM TECHNOLOGY
(424) RICE BELT TELEPHONE COMPANY INC
(425) PRAIRIE GROVE TELEPHONE CO
(426) THINROUTE TECHNOLOGIES
(427) NEHALEM TELECOMMUNICATIONS
(428) WILSON TELEPHONE COMPANY INC
(429) KAPLAN TELEPHONE COMPANY INC
(430) UNITEL INC
(431) INTERSTATE TELCOM CONSULTING INC
(432) HARTELCO AKA HARTINGTON TELECOMMUNICAITIONS CO INC
(433) NEBRASKA CENTRAL TELEPHONE COMPANY
(434) SOUTHWEST TEXAS TELEPHONE COMPANY
(435) RIVIERA TELEPHONE COMPANY INC
(436) LA WARD TELEPHONE EXCHANGE INC
(437) TRC ENGINEERING SERVICES INC
(438) VERMONT TELEPHONE COMPANY INC
(439) RAGLAND TELEPHONE CO INC
(440) PINNACLE COMMUNICATIONS
(441) GVNW CONSULTING
(442) CITIZENS TELEPHONE COMPANY INC
(443) ALBION TELEPHONE COMPANY INC
(444) RURAL TELEPHONE COMPANY
(445) PEND OREILLE TELEPHONE COMPANY
(446) LA HARPE TELEPHONE COMPANY
(447) CASS COMMUNICATIONS MANAGMENT INC
(448) SCHWARTZ VENTURESMADISON TELEPHONE
(449) HOME TELEPHONE CO INC
(450) TWIN VALLEY TELEPHONE INC
(451) JAMES M CAPLINGER CHARTERED
(452) NORTHEAST LOUISIANA TELE CO INC
(453) LOUISIANA TELEPHONE ASSOCIATION
(454) BT CONSTRUCTION COMPANY INC
(455) JOHN STAURULAKIS INC
(456) ROTHSAY TELEPHONE COMPANY
(457) COMPASS CONSULTANTS INC
(458) SOUTHERN MONTANA TELEPHONE CO
(459) DILLER TELEPHONE COMPANY
(460) PLAINVIEW TELEPHONE CO INC
(461) BENKELMAN TELE CO INC
(462) STANTON TELECOM INC
(463) PIERCE TELECOMMUNICATIONS INC
(464) MCCLURE TELEPHONE COMPANY
(465) OKLATEL COMMUNICATIONS INC
(466) FRED WILLIAMSON & ASSOCIATES INC
(467) EAGLE TELEPHONE COMPANY INC
(468) EAGLE VALLEY COMMUNICATIONS
(469) ALLIANCE COMMUNICATIONS COOP INC
(470) GANADO TELEPHONE COMPANY INC
(471) INDUSTRY TELE COMPANY
(472) ALENCO COMMUNICATIONS INC
(473) GUNNISON TELEPHONE COMPANY
(474) NOVA DIRECTORIES INC
(475) KS RURAL INDEPENDENT TELECOMMUNICATIONS COALITION
(476) RUNESTONE TELEPHONE ASSOCIATION
(477) MABEL COOPERATIVE TELEPHONE COMPANY
(478) SCTG LLC
(479) TENNEY TELEPHONE COTDS TELECOM
(480) LINCOLN TELEPHONE CO INC
(481) ARTHUR MUTUAL TELEPHONE CO
(482) RICHLAND-GRANT TELE COOP INC

Schedule R (Form 990) 2014

Page 3

Part V

Transactions With Related Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.

Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.

Yes

1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?

a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity . . . . . . . . . . . . . . . . . . . . . . .

b Gift, grant, or capital contribution to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

c Gift, grant, or capital contribution from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

d Loans or loan guarantees to or for related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

e Loans or loan guarantees by related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

f Dividends from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

g Sale of assets to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

h Purchase of assets from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

i Exchange of assets with related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

j Lease of facilities, equipment, or other assets to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . .

k Lease of facilities, equipment, or other assets from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . .

l Performance of services or membership or fundraising solicitations for related organization(s) . . . . . . . . . . . . . . . . . . . .

m Performance of services or membership or fundraising solicitations by related organization(s) . . . . . . . . . . . . . . . . . . . .

Yes

n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) . . . . . . . . . . . . . . . . . . . . .

o Sharing of paid employees with related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

p Reimbursement paid to related organization(s) for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

q Reimbursement paid by related organization(s) for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

r Other transfer of cash or property to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

s Other transfer of cash or property from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.

(a) Name of related organization	(b) Transaction type (a-s)	(c) Amount involved	(d) Method of determining amount involved

Schedule R (Form 990) 2014

Page 4

Part VI

Unrelated Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 37.

Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.

(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(e) Are all partners section 501(c)(3) organizations?		(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?
(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	Yes	No	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No

Schedule R (Form 990) 2014

Page 5

Part VII

Supplemental Information

Provide additional information for responses to questions on Schedule R (see instructions).

Return Reference	Explanation

Schedule R (Form 990) 2014

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: TO PROVIDE MEDICAL, DENTAL, SHORT AND LONG-TERM DISABILITY, 24-HOUR ACCIDENT AND DEATH BENEFITS TO SUBSTANTIALLY ALL EMPLOYEES AND ELIGIBLE DEPENDENTS OF THE NATIONAL TELECOMMUNICATIONS COOPERATIVE ASSOCIATION AND ITS MEMBERS THAT HAVE ADOPTED THE PLAN.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	8
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	8
5	Total number of individuals employed in calendar year 2014 (Part V, line 2a) ......	5	0
6	Total number of volunteers (estimate if necessary) .............	6	9
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	11,785,189
b	Net unrelated business taxable income from Form 990-T, line 34 .........	7b	11,025,675

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	0	0
9	Program service revenue (Part VIII, line 2g) .........	285,826,207	284,499,793
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	7,667,267	11,785,189
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	0	0
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)...................	293,493,474	296,284,982
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	0	0
14	Benefits paid to or for members (Part IX, column (A), line 4).....	282,752,571	260,220,889
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	0	0
16a	Professional fundraising fees (Part IX, column (A), line 11e).....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	15,076,413	24,212,598
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	297,828,984	284,433,487
19	Revenue less expenses. Subtract line 18 from line 12.......	-4,335,510	11,851,495
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	227,853,403	240,926,115
21	Total liabilities (Part X, line 26).............	1,443,227	5,979,558
22	Net assets or fund balances. Subtract line 21 from line 20.....	226,410,176	234,946,557

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	THE GROUP HEALTH PROGRAM'S MEDICAL AND DENTAL PLANS PROVIDED SELF-INSURED MEDICAL AND DENTAL BENEFITS TO MORE THAN 16,781 PARTICIPANTS IN 2013. THE PROGRAM'S SHORT AND LONG-TERM DISABILITY PLANS PROVIDE SELF-INSURED DISABILITY BENEFITS, AND THE ACCIDENT AND LIFE INSURANCE PLANS PROVIDE FULLY-INSURED ACCIDENT AND LIFE BENEFITS.

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses

(A) Name and Title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)		(D) Reportable compensation from the organization (W- 2/1099-MISC)	(E) Reportable compensation from related organizations (W- 2/1099-MISC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and Title
(1) TONEY PRATHER........................................................................ CHAIRMAN	4.00 .......................	X	X	0	0	0
(2) TOM PHELPS........................................................................ VICE CHAIRMAN	4.00 .......................	X	X	0	0	0
(3) BECKY DOOLEY........................................................................ TRUSTEE	3.00 .......................	X		0	0	0
(4) KEITH GIBSON........................................................................ TRUSTEE	3.00 .......................	X		0	0	0
(5) MARK HARVEY........................................................................ TRUSTEE	3.00 .......................	X		0	0	0
(6) JAMES SIMON........................................................................ TRUSTEE	3.00 .......................	X		0	0	0
(7) JOE SNYDER........................................................................ TRUSTEE	3.00 .......................	X		0	0	0
(8) JEFF WILSON........................................................................ TRUSTEE	3.00 .......................	X		0	0	0
(9) SHIRLEY BLOOMFIELD........................................................................ NTCA CHIEF EXECUTIVE OFFIC	1.00 .......................50.00		X	0	587,920	148,060
(10) MICHAEL VIANDS........................................................................ CHIEF FINANICAL OFFICER	4.00 .......................40.00		X	0	165,424	64,411

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)............	0	753,344	212,471

(A) Name and business address	(B) Description of services	(C) Compensation
SERVICE MANAGEMENT CORP 4121 WILSON BLVD 10TH FL ARLINGTON,VA22203	ADMINISTRATIVE SERVICES	10,630,021




2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 1

				(A) Total revenue	(B) Related or exempt function revenue	(C) Unrelated business revenue	(D) Revenue excluded from tax under sections 512-514
1a	Federated campaigns..1a
b	Membership dues....1b
c	Fundraising events....1c
d	Related organizations...1d
e	Government grants (contributions)1e

f	All other contributions, gifts, grants, and similar amounts not included above1f

g	Noncash contributions included in lines 1a-1f:$
h	Total. Add lines 1a-1f.......
			Business Code
2a	MEDICAL		525100	248,650,709	248,650,709
b	DENTAL		525100	16,303,956	16,303,956
c	LONG-TERM DISABILITY		525100	12,060,570	12,060,570
d	LIFE INSURANCE		525100	6,032,737	6,032,737
e	SHORT-TERM DISABILITY		525100	1,202,849	1,202,849
f	All other program service revenue .			248,972	248,972
g	Total. Add lines 2a–2f........			284,499,793
3	Investment income (including dividends, interest, and other similar amounts).......			4,945,987		4,945,987
4	Income from investment of tax-exempt bond proceeds..
5	Royalties...........
		(i) Real	(ii) Personal
6a	Gross rents
b	Less: rental expenses
c	Rental income or (loss)
d	Net rental income or (loss).......
		(i) Securities	(ii) Other
7a	Gross amount from sales of assets other than inventory	6,839,202
b	Less: cost or other basis and sales expenses	0
c	Gain or (loss)	6,839,202
d	Net gain or (loss)..........			6,839,202		6,839,202
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ..
	a
b	Less: direct expenses ...b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
	a
b	Less: direct expenses ...b
c	Net income or (loss) from gaming activities...
10a	Gross sales of inventory, less returns and allowances .
	a
b	Less: cost of goods sold ..b
c	Net income or (loss) from sales of inventory..
Miscellaneous Revenue			Business Code
11a
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......
12	Total revenue. See Instructions......			296,284,982	284,499,793	11,785,189	0

Do not include amounts reported on lines 6b, 7b, 8b, 9b, and 10b of Part VIII.		(A) Total expenses
1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ....
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16 ............
4	Benefits paid to or for members ....	260,220,889
5	Compensation of current officers, directors, trustees, and key employees ....
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....
7	Other salaries and wages ....
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....
9	Other employee benefits .......
10	Payroll taxes ...........
11	Fees for services (non-employees):
a	Management ......	10,630,021
b	Legal .........	432,785
c	Accounting ...........	28,731
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......	72,647
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) ....	305,178
12	Advertising and promotion ....
13	Office expenses .......	377,841
14	Information technology ......
15	Royalties ..
16	Occupancy ...........
17	Travel ............	61,527
18	Payments of travel or entertainment expenses for any federal, state, or local public officials ......
19	Conferences, conventions, and meetings ....
20	Interest ...........
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization .....
23	Insurance ..............	5,037
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	UNRELATED BUSINESS INCO	6,806,300
b	REINSURANCE ENROLL FEE	2,725,485
c	CLAIMS PROCESSING	1,100,775
d	CLAIMS INVESTIGATIONS	1,058,706
e	All other expenses	607,565
25	Total functional expenses. Add lines 1 through 24e	284,433,487
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).


			(A) Beginning of year		(B) End of year
1	Cash–non-interest-bearing .............		40,084,119	1	27,994,030
2	Savings and temporary cash investments .........		37,309	2	23,574
3	Pledges and grants receivable, net ...........			3
4	Accounts receivable, net .............		1,130,997	4	3,085,131
5	Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L ..................
				5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L
				6
7	Notes and loans receivable, net .............			7
8	Inventories for sale or use ..............			8
9	Prepaid expenses and deferred charges ..........		109,112	9	117,550
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a
b	Less: accumulated depreciation .....	10b		10c
11	Investments—publicly traded securities ..........		98,097,533	11	123,862,160
12	Investments—other securities. See Part IV, line 11 .....		88,394,333	12	85,843,670
13	Investments—program-related. See Part IV, line 11 .....			13
14	Intangible assets ...............			14
15	Other assets. See Part IV, line 11 ...........			15
16	Total assets. Add lines 1 through 15 (must equal line 34)......		227,853,403	16	240,926,115
17	Accounts payable and accrued expenses .........		707,524	17	4,505,491
18	Grants payable .................			18
19	Deferred revenue ................		483,600	19	1,387,931
20	Tax-exempt bond liabilities .............			20
21	Escrow or custodial account liability. Complete Part IV of Schedule D..			21
22	Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
	persons. Complete Part II of Schedule L..........			22
23	Secured mortgages and notes payable to unrelated third parties ..			23
24	Unsecured notes and loans payable to unrelated third parties ....			24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D....................		252,103	25	86,136
26	Total liabilities. Add lines 17 through 25.........		1,443,227	26	5,979,558
	Organizations that follow SFAS 117 (ASC 958), check here and complete lines 27 through 29, and lines 33 and 34.
27	Unrestricted net assets ..............			27
28	Temporarily restricted net assets ...........			28
29	Permanently restricted net assets ...........			29
	Organizations that do not follow SFAS 117 (ASC 958), check here and complete lines 30 through 34.
30	Capital stock or trust principal, or current funds ........		226,410,176	30	234,946,557
31	Paid-in or capital surplus, or land, building or equipment fund .....		0	31	0
32	Retained earnings, endowment, accumulated income, or other funds		0	32	0
33	Total net assets or fund balances ...........		226,410,176	33	234,946,557
34	Total liabilities and net assets/fund balances ........		227,853,403	34	240,926,115