TY 2018 Form 990

(A)
Name and Title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(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

(1) DENNIS LANG......................................................................
DIRECTOR/PRESIDENT

1.0
.................
0.0

940

(2) GARY KNIGHT......................................................................
DIRECTOR/SECRETARY

1.0
.................
0.0

800

(3) JOHN BOHLKEN......................................................................
DIRECTOR/VICE PRESIDENT

1.0
.................
0.0

800

(4) MARK NIETERT......................................................................
DIRECTOR

1.0
.................
0.0

700

(5) MARTIN EGANHOUSE......................................................................
DIRECTOR

1.0
.................
0.0

800

(6) KURT FELTES......................................................................
DIRECTOR

1.0
.................
0.0

600

(7) PAUL SCHRADER......................................................................
DIRECTOR

1.0
.................
0.0

550

(8) JEAN SCHILLING......................................................................
TREASURER/EXECUTIVE OFFICE MGR

40.0
.................
0.0

72,482

26,827

(A)
Name and Title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(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 business address

(B)
Description of services

MARK'S UNDERGROUND,
5061 SHADY OAK AVENUE
CENTRAL CITY,IA52214

FIBER CONTRACTOR

292,301

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

	(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 ........


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 7/25/06, and not on a historic structure listed in the National Register ...	2d


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......	1	1,972,184
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a
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	Subtract line 2e from line 1..................	3	1,972,184
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	2,811
c	Add lines 4a and 4b....................	4c	2,811
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......	5	1,974,995

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........	1	1,586,598
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
3	Subtract line 2e from line 1...................	3	1,586,598
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	208,975
c	Add lines 4a and 4b.....................	4c	208,975
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......	5	1,795,573

Return Reference	Explanation
SCHEDULE D, PART X, LINE 2	MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS.
SCHEDULE D, PART XI, LINE 4B	BAD DEBT EXPENSE $ 2,811
SCHEDULE D, PART XII, LINE 4B	PATRONAGE CAPITAL ALLOCATED TO MEMBERS $ 206,164 BAD DEBT EXPENSE 2,811 ------------ $ 208,975

- 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

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2018

Open to Public
Inspection

Name of the organization

SPRINGVILLE COOPERATIVE TELEPHONE
ASSOCIATION INC

Employer identification number

42-0819110

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 6	ALL MEMBERS OWN A $20.00 SHARE OF COMMON STOCK.
FORM 990, PART VI, SECTION A, LINE 7A	DIRECTORS ARE ELECTED TO A THREE YEAR TERM BY THE MEMBERS ON A WRITTEN BALLOT AT THE ANNUAL MEETING OF THE COOPERATIVE.
FORM 990, PART VI, SECTION A, LINE 7B	ARTICLES OF INCORPORATION CHANGES ARE VOTED ON BY THE ENTIRE MEMBERSHIP.
FORM 990, PART VI, SECTION B, LINE 11B	AN INDEPENDENT ACCOUNTING FIRM PREPARES AND REVIEWS THE 990. THE 990 IS THEN REVIEWED BY THE ORGANIZATION'S MANAGEMENT AND ACCOUNTING PERSONNEL. ANY QUESTIONS AND CONCERNS THE ORGANIZATIONS' MANAGEMENT AND ACCOUNTING PERSONNEL HAVE ARE ADDRESSED AND ANY CORRECTIONS OR CLARIFICATIONS THAT NEED TO BE MADE ARE MADE. THE 990 IS THEN EMAILED TO ALL MEMBERS OF THE BOARD PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12C	Fairness in decision making is more likely to occur in an impartial environment. This impartial environment is protected by avoiding or effectively managing conflicts of interest. The potential for a conflict of interest arises in situations in which a person is responsible for promoting the interest of the organization at the same time he or she is involved in a competing personal interest. While some laws regulating nonprofits may limit the concern to material financial interests, an organizations reputation with donors and other constituencies may be injured by personal or relational interests, and even the appearance of a conflicted decision. To protect the impartial decision making and reputation of both the organization and those involved with it, transactions with related parties where a potential conflict of interests exists or may appear to exist must be carefully handled. Such transactions should be disclosed to the governing board and evaluated to ensure they are made on a sound economic basis and in the best interest of the organization. The organization undertakes transactions with related parties only in the following situations: 1. The audited financial statements of the organization fully disclose material related-party transactions. 2. Related parties are excluded from the discussion and approval of related-party transactions. 3. There are competitive bids or comparable valuations. 4. The organizations board approves the transaction as one that is in the best interest of the organization. Employees will be required to attest to promptly informing the board upon the occurrence of each event that could potentially result in a conflict of interest on the attached certification.
FORM 990, PART VI, SECTION B, LINE 15A & 15B	THE BOARD OF DIRECTORS HELD A REVIEW FOR ALL EMPLOYEE'S COMPENSATION ON NOVEMBER 21, 2018. THE BOARD REFERENCED THE NTCA'S ANNUAL COMPENSATION AND BENEFIT SURVEY RESULTS IN DETERMINING THE COMPENSATION FOR THE TREASURER/EXECUTIVE OFFICE MANAGER. ALL COMPENSATION IS APPROVED BY THE BOARD.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART XI, LINE 9	PATRONAGE CAPITAL ALLOCATED TO MEMBERS $ 206,164 ACCUMULATED OTHER COMPREHENSIVE INCOME (141,359) PAYMENTS OF PATRONAGE CAPITAL ( 12,997) OTHER CHANGES IN PATRONAGE CAPITAL ( 337) --------- $ 51,471

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

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2018

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: TO PROVIDE TELECOMMUNICATIONS EXCHANGE AND LOCAL ACCESS SERVICES, VIDEO AND INTERNET SERVICES IN A SERVICE AREA LOCATED PRIMARILY IN LINN COUNTY, IOWA.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	7
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	7
5	Total number of individuals employed in calendar year 2018 (Part V, line 2a) ......	5	6
6	Total number of volunteers (estimate if necessary) .............	6	7
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	2,489
b	Net unrelated business taxable income from Form 990-T, line 34 .........	7b	-982

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	0	0
9	Program service revenue (Part VIII, line 2g) .........	1,729,701	1,776,939
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	81,214	169,127
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	24,216	28,929
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	1,835,131	1,974,995
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).....	125,000	206,164
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	355,655	397,966
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)....	1,282,929	1,191,443
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	1,763,584	1,795,573
19	Revenue less expenses. Subtract line 18 from line 12.......	71,547	179,422
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	4,116,123	4,337,969
21	Total liabilities (Part X, line 26).............	162,009	152,962
22	Net assets or fund balances. Subtract line 21 from line 20.....	3,954,114	4,185,007

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )
	TO PROVIDE TELECOMMUNICATIONS EXCHANGE AND LOCAL ACCESS SERVICES, VIDEO AND INTERNET SERVICES IN A SERVICE AREA LOCATED PRIMARILY IN LINN COUNTY, IOWA.

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

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	77,672	0	26,827

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 above		1f

g	Noncash contributions included in lines 1a - 1f:$
h Total. Add lines 1a-1f.......		0

		Business Code
2a	Network access services	517000	662,867	662,867
b	Local Network Services	517000	284,726	284,726
c	Internet Services	517000	397,190	397,190
d	Video Services	517000	349,023	349,023
e	Ethernet Circuit & Dark Fiber Revenue	517000	16,729	16,729
f	All other program service revenue.		66,404	66,404
g	Total. Add lines 2a–2f ....		1,776,939

3 Investment income (including dividends, interest, and othersimilar amounts) ......			169,127			169,127
4 Income from investment of tax-exempt bond proceeds			0
5 Royalties...........			0
		(ii) Personal	(i) Real
6a	Gross rents		8,450
b	Less: rental expenses		3,764
c	Rental income or (loss)	0	4,686
d	Net rental income or (loss)......			4,686			4,686
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory
b	Less: cost or other basis and sales expenses
c	Gain or (loss)
d	Net gain or (loss).....			0
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
	a		0
b	Less: direct expenses ...b		0
c	Net income or (loss) from fundraising events..			0
9a	Gross income from gaming activities. See Part IV, line 19 ...
	a		0
b	Less: direct expenses ...b		0
c	Net income or (loss) from gaming activities..			0
10a	Gross sales of inventory, less returns and allowances ..
	a		0
b	Less: cost of goods sold ..b		0
c	Net income or (loss) from sales of inventory..			0
Business Code			Miscellaneous Revenue
11a	Miscellaneous Revenue		900099	21,754			21,754
b	Advertising Revenue		541800	2,489		2,489
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......			24,243
12	Total revenue. See Instructions......			1,974,995	1,776,939	2,489	195,567

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21	0
2	Grants and other assistance to domestic individuals. See Part IV, line 22	0
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, line 15 and 16.	0
4	Benefits paid to or for members	206,164
5	Compensation of current officers, directors, trustees, and key employees ....	104,499
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....	0
7	Other salaries and wages	166,061
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	10,451
9	Other employee benefits .......	49,105
10	Payroll taxes ...........	67,850
11	Fees for services (non-employees):
a	Management ......	0
b	Legal .........	0
c	Accounting ...........	24,105
d	Lobbying ...........	0
e	Professional fundraising services. See Part IV, line 17	0
f	Investment management fees ......	0
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	0
12	Advertising and promotion ....	5,226
13	Office expenses .......	482
14	Information technology ......	813
15	Royalties ..	0
16	Occupancy ...........	0
17	Travel ............	0
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .	0
19	Conferences, conventions, and meetings ....	0
20	Interest ...........	0
21	Payments to affiliates .......	0
22	Depreciation, depletion, and amortization ..	341,652
23	Insurance ...	0
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	Cost of services	415,134
b	Plant specific operations	179,854
c	Customer Operations	95,003
d	Corporate Operations	114,458
e	All other expenses	14,716
25	Total functional expenses. Add lines 1 through 24e	1,795,573
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).

1	Cash–non-interest-bearing ........			163,922	1	242,529
2	Savings and temporary cash investments .........			426,538	2	378,399
3	Pledges and grants receivable, net ......			0	3	0
4	Accounts receivable, net .............			35,989	4	58,321
5	Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L .............
				0	5	0
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 ..............
				0	6	0
7	Notes and loans receivable, net ....			0	7	0
8	Inventories for sale or use ........			0	8	0
9	Prepaid expenses and deferred charges ......			19,156	9	21,385
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	8,632,669
b	Less: accumulated depreciation	10b	6,134,895	2,209,123	10c	2,497,774
11	Investments—publicly traded securities .			1,038,683	11	985,747
12	Investments—other securities. See Part IV, line 11 .....			61,660	12	61,660
13	Investments—program-related. See Part IV, line 11 ..			0	13	0
14	Intangible assets ...............			0	14	0
15	Other assets. See Part IV, line 11 ...........			161,052	15	92,154
16	Total assets. Add lines 1 through 15 (must equal line 34)...			4,116,123	16	4,337,969

17	Accounts payable and accrued expenses .....	135,084	17	126,037
18	Grants payable ...	0	18	0
19	Deferred revenue .........	0	19	0
20	Tax-exempt bond liabilities .........	0	20	0
21	Escrow or custodial account liability. Complete Part IV of Schedule D	0	21	0
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..	0	22	0
23	Secured mortgages and notes payable to unrelated third parties ..	0	23	0
24	Unsecured notes and loans payable to unrelated third parties ..	0	24	0
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	26,925	25	26,925
26	Total liabilities. Add lines 17 through 25..	162,009	26	152,962

	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 .....	0	30	0
31	Paid-in or capital surplus, or land, building or equipment fund ...	0	31	0
32	Retained earnings, endowment, accumulated income, or other funds	3,954,114	32	4,185,007
33	Total net assets or fund balances ...........	3,954,114	33	4,185,007
34	Total liabilities and net assets/fund balances ........	4,116,123	34	4,337,969

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 ......

1a	Land .....	21,539		21,539
b	Buildings ....	118,954	91,523	27,431
c	Leasehold improvements
d	Equipment ....	8,166,486	6,043,372	2,123,114
e	Other .....	325,690		325,690
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				2,497,774

(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)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

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

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

1.(a) Description of liability	(b) Book value
(1) Federal income taxes	0
Advance Billings & Deposits	26,925
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	26,925
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