| Return Reference | Explanation |
|---|---|
| Form 990, Part VI, Line 15 LINE 15A & 15B - PROCESS TO ESTABLISH COMPENSATION | THE ORGANIZATION CONSULTED AN INDEPENDENT FIRM TO PREPARE A COMPENSATION DATA STUDY. THE BOARD TOOK THE INFORMATION FROM THE COMPENSATION STUDY AND USED IT TO REVIEW THE COMPENSATION OF THE ORGANIZATION'S CEO AND KEY EMPLOYEES FOR 2024. THE NTCA ANNUAL COMPENSATION SURVEY IS USED IN REVIEW OF COMPENSATION OF OTHER OFFICERS AND THE BOARD PRESIDENT IS NOTIFIED OF COMPENSATION CHANGES FOR OTHER OFFICERS. |
| Form 990, Part VI, Line 6 Classes of members or stockholders | ANY CUSTOMER THAT HAS A LANDLINE, INTERNET, SPECIAL ACCESS, OR VIDEO SERVICES HAVE A MEMBERSHIP WITH THE COOPERATIVE. |
| Form 990, Part VI, Line 7a Members or stockholders electing members of governing body | MEMBERS OF THE COOPERATIVE ELECT THE GOVERNING BODY. |
| Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders | CHANGES TO THE COMPANY ARTICLES ARE SUBJECT TO MEMBER APPROVAL. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | THE 990 IS PREPARED AND REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM. THE 990 IS THEN REVIEWED BY THE ORGANIZATION'S MANAGEMENT AND ACCOUNTING PERSONNEL. ANY CORRECTIONS OR CLARIFICATIONS THAT NEED TO BE MADE ARE MADE. FORM 990 IS PRESENTED TO THE GOVERNING BODY PRIOR TO THE FILING. THE RETURN IS THEN SIGNED BY THE SOUTH SLOPE COOPERATIVE TELEPHONE COMPANY'S CEO. |
| Form 990, Part VI, Line 12c Conflict of interest policy | A CONFLICT-OF-INTEREST POLICY EXISTS IN THE ORGANIZATION'S ARTICLES OF INCORPORATION STATING THAT ANYONE WITH A CONFLICT IS INELIGIBLE TO BE ON THE GOVERNING BOARD. |
| Form 990, Part VI, Line 19 Required documents available to the public | SOUTH SLOPE COOPERATIVE TELEPHONE COMPANY'S FINANCIAL STATEMENTS ARE PROVIDED YEARLY TO THE MEMBERS OF THE COOPERATIVE WITH THEIR INVITATION TO THE ANNUAL MEETING. BYLAWS ARE PROVIDED TO THE NEW MEMBER WHEN THEY ESTABLISH SERVICE WITH THE COOPERATIVE. THE CONFLICT OF INTEREST POLICY IS PROVIDED DURING THE NOMINATION PROCESS. |
| Form 990, Part VIII, Line 11d Other Miscellaneous Revenue | - Total Revenue: 537, Related or Exempt Function Revenue: 0, Unrelated Business Revenue: 0, Revenue Excluded from Tax Under Sections 512, 513, or 514: 537; |
| Form 990, Part XI, Line 9 Other changes in net assets or fund balances | Patronage Capital Allocated - 7027044; Partnership Income - -406; Patronage Capital paid - -1216537; Federal Excise Tax Refund - 18984; POS Capital Credit Writeoff Recovery - -61151; Total - 5767934; |
| FORM 990, BOX C | THE ORGANIZATION HAS THE FOLLOWING DOING BUSINESS AS NAMES: SOUTH SLOPE COOPERATIVE COMMUNICATIONS COMPANY SOUTH SLOPE COMMUNICATIONS COMPANY |
| Software ID: | 24020961 |
| Software Version: | 2024v5.1 |