2024-05-13T18:19:02-05:00 2023-12-31 930623286 ALDRICH CPAS AND ADVISORS LLP 680 HAWTHORNE AVE SE 140 SALEM OR 97301 990 2023-01-01 930228976 MONITOR COOPERATIVE TELEPHONE COMPANY MONI 5036342266 15265 WOODBURN-MONITOR ROAD NE WOODBURN OR 97071 GERI FRAIJO GENERAL MANAGER 5036342266 2024-05-13 1 GERI FRAIJO XXX-XX-XXXX 1 RYAN M JOHNSON CPA P01048788 5035857774 2024-05-13 3 AAL1 IAL1 2023 2023-04-26 12:10:37Z GERI FRAIJO 15265 WOODBURN-MONITOR ROAD NE WOODBURN OR 97071 2342759 0 X WWW.MONITORCOOP.COM X 1959 OR THE COOPERATIVE PROVIDES TELECOMMUNICATIONS SERVICES TO ITS MEMBERS. 5 5 10 0 566 0 0 0 2116768 2271852 75400 70341 1203 566 2193371 2342759 3657 5315 373401 336023 242633 223546 0 0 0 1411779 1486163 2031470 2051047 161901 291712 6698191 7164320 514592 582298 6183599 6582022 TELECOMMUNICATIONS COOPERATIVE 0 0 THE COOPERATIVE PROVIDES TELECOMMUNICATION SERVICES TO ITS MEMBERS. AT DECEMBER 31, 2023, THERE WERE 96 ACCESS LINES. 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 153 0 10 1 1 1 0 0 0 0 518661 77847 0 0 0 X 5 5 0 0 0 0 1 1 1 1 1 0 0 0 1 0 1 1 0 1 1 0 OR X GERI FRAIJO 5036342266 15625 WOODBURN-MONITOR RD NE WOODBURN OR 97071 BARBARA IVERSON CHAIRPERSON 1.00 X X 5820 0 0 JON LEVER DIRECTOR 1.00 X 5536 0 0 KIM GUEST SECRETARY-TREASURER 1.00 X X 5669 0 0 JASON AUGUSTUS DIRECTOR 1.00 X 5319 0 0 DEREK PAVLICEK VICE CHAIRPERSON 1.00 X X 4516 0 0 GERI FRAIJO PRESIDENT/GM 40.00 X 138586 0 58100 165446 0 58100 1 0 1 0 0 TELECOMMUNICATIONS 517000 2271852 2271852 2271852 70341 70341 DIRECTORY ADVERTISING 541800 566 566 566 2342759 2271852 566 70341 1504 3811 336023 223546 6340 239608 PLANT SPECIFIC 331058 CORPORATE EXPENSE 330125 INTERNET 306330 OPERATING TAXES 89167 183535 2051047 1459674 1382498 569865 847150 195152 212264 23544 16067 61734 146270 56186 45640 7576260 4626393 2890986 2949867 1441050 1564564 6698191 7164320 63233 92868 41760 217489 194456 233870 253214 514592 582298 X 3166 3187 0 0 6180433 6578835 6183599 6582022 6698191 7164320 X 291712 87751 18960 X 0 1 X 1 0 327443 327443 1386192 1111873 274319 5812179 3514520 2297659 50446 50446 2949867 NATIONAL BANK FOR COOPERATIVES 2371 C RURAL TELEPHONE FINANCE CORPORATION 4773 C PCS INVESTMENTS 2312 C NATIONAL RURAL TELECOMMUNICATIONS COOPERATION (NRTC) STOCK 100 C NECA SERVICES INVESTMENT 10000 C MARKETABLE SECURITIES 16683 F EDWARD JONES INVESTMENTS 1528325 F 1564564 PATRONAGE PAYABLE 252834 CUSTOMER DEPOSITS 380 253214 X 2430510 87751 87751 2342759 0 2342759 1715024 0 1715024 336023 336023 2051047 PART X, LINE 2: THE COOPERATIVE FOLLOWS US GAAP RELATED TO THE RECOGNITION OF UNCERTAIN TAX POSITIONS. THE COOPERATIVE RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS AS PART OF THE INCOME TAX PROVISION, WHEN APPLICABLE. THERE ARE NO AMOUNTS ACCRUED IN THE FINANCIAL STATEMENTS RELATED TO UNCERTAIN TAX POSITIONS. PART XII, LINE 4B - OTHER ADJUSTMENTS: PAYMENT OF CAPITAL CREDITS X X 0 0 0 GERI FRAIJO PRESIDENT/GM 138586 0 0 0 0 0 23862 0 34238 0 196686 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS A COOPERATIVE. ANYONE WHO RECEIVES SERVICE FROM THE COOPERATIVE IS AUTOMATICALLY AND INSTANTANEOUSLY A MEMBER. MEMBERS MUST ALSO COMPLETE A MEMBERSHIP APPLICATION, AGREE TO PURCHASE SERVICES AND PAY CHARGES FOR THOSE SERVICES FROM THE COOPERATIVE, BE BOUND BY THE GOVERNING DOCUMENTS AND RULES OF THE COOPERATIVE, AND PAY A NON-REFUNDABLE FEE. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE COOPERATIVE HAVE VOTING POWER TO ELECT OFFICERS TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B EACH MEMBER OF THE COOPERATIVE HAS A VOTE. THE VOTE ALLOWS THEM TO ELECT THE BOARD AS WELL AS VOTE ON ANY ISSUE THAT COMES BEFORE THE MEMBERSHIP AT A SPECIAL OR ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT/CEO REVIEWS A COPY OF THE FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS ARE AWARE OF THE CONFLICT OF INTEREST POLICY. EACH EMPLOYEE MUST REVIEW AND SIGN THE POLICY. IT IS REVIEWED ANNUALLY AND CURRENTLY THERE ARE NO CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 ALL SALARIES ARE REVIEWED ANNUALLY. THE BOARD OF DIRECTORS REVIEWS AND DETERMINES THE CEO/PRESIDENT SALARY, USING NTCA SALARY COMPARISONS AS A GUIDELINE. CONTEMPORANEOUS MINUTES ARE TAKEN DURING THIS PROCESS. THE CEO/PRESIDENT REVIEWS ALL EMPLOYEE SALARIES AND ALSO USES NTCA'S SALARY COMPARISON AS A GUIDELINE. FORM 990, PART VI, SECTION C, LINE 19 ALL INFORMATION IS PROVIDED TO THE PUBLIC UPON REQUEST, AND THE FINANCIAL STATEMENTS ARE PRESENTED DURING THE ANNUAL MEETING. FORM 990, PART XI, LINE 9: PATRONAGE CAPITAL RECLAIMED 18,137. CHANGE IN MEMBERSHIPS 21. EXCISE TAX REFUNDS 802.