2026-02-09T14:41:06-06:00 2025-06-30 521224986 PKS & COMPANY PA 1801 SWEETBAY DRIVE SALISBURY MD 21804 990 2024-07-01 020783564 MARYLAND BROADBAND COOPERATIVE INC MARY 4103416322 2129 NORTHWOOD DRIVE SUITE A SALISBURY MD 21801 TIMOTHY HAYES VP OF FINANCE 4103416322 2026-02-02 1 0 JAMES D MAYBURY CPA P01082211 4105465600 2024 2025-03-06 01:10:19Z TIMOTHY HAYES 2129A NORTHWOOD DR SALISBURY MD 21801 7693518 0 X WWW.MDBC.US X 2000 MD TO ORGANIZE, DEVELOP, CONSTRUCT, OPERATE, MAINTAIN, AND MARKET A FIBER OPTIC CABLE NETWORK WITHIN THE STATE OF MARYLAND AND ADJACENT STATES, IN ORDER TO PROMOTE ECONOMIC DEVELOPMENT OF THIS REGION FOR THE BENEFIT OF ALL ITS CITIZENS. 11 11 25 0 11909 10909 75172 28168 7169805 7544552 221 21933 1517218 29943 8762416 7624596 0 0 0 0 3014878 3104919 0 0 0 6169644 5352512 9184522 8457431 -422106 -832835 14793277 14580708 8493937 9114203 6299340 5466505 X TO DRIVE ECONOMIC DEVELOPMENT THROUGH UNIVERSAL, OPEN ACCESS TO BROADBAND SERVICES VIA A FIBER OPTIC NETWORK THAT SERVES RURAL MARYLAND BY BUILDING AN ADVANCED, WORLD-CLASS BROADBAND NETWORK ACROSS THE RURAL COMMUNITIES OF EASTERN, SOUTHERN AND WESTERN MARYLAND. SUPPORTED BY ITS MEMBERS WHO PROVIDE "LAST MILE" SERVICES 0 0 8457431 7624096 TO ORGANIZE DEVELOP, CONSTRUCT, OPERATE, MAINTAIN, AND MARKET A FIBER OPTIC CABLE NETWORK WITHIN THE STATE OF MARYLAND AND ADJACENT STATES, IN ORDER TO PROMOTE ECONOMIC DEVELOPMENT OF THIS REGION FOR THE BENEFIT OF ALL ITS CITIZENS. 8457431 0 0 0 0 0 0 0 0 0 1 0 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 17 0 1 25 1 1 1 0 0 0 0 0 0 7167324 377228 0 0 0 X 11 11 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MD X ANDREW VAN DOPP 4103416322 2129A NORTHWOOD DRIVE SALISBURY MD 21804 TIM MCGAHA CHAIRMAN 2.00 X X 0 0 0 TOM DENNISON DIRECTOR 2.00 X 0 0 0 SCOTT WARNER DIRECTOR 2.00 X 0 0 0 GREGORY PADGHAM DIRECTOR 2.00 X 0 0 0 BRIAN ROCHE VICE CHAIRMAN 2.00 X X 0 0 0 NATHANIAL WATKINS SECRETARY 2.00 X X 0 0 0 TED BOOK TREASURER 2.00 X X 0 0 0 SUSAN O'NEILL DIRECTOR 2.00 X 0 0 0 ANDREW VAN DOPP CEO/PRESIDENT 40.00 X X 357534 0 73589 GUY WINTERBERG DIRECTOR 2.00 X 0 0 0 JEREMEY SWEENEY DIRECTOR 2.00 X 0 0 0 TIM HAYES CFO 40.00 X X 221972 0 61068 JOHN HARTLINE DIRECTOR 2.00 X 0 0 0 ROB THOMPSON COO 40.00 X 226890 0 53339 WAYNE M HOWARD EMPLOYEE 40.00 X 175179 0 52716 THURMAN PETERMAN EMPLOYEE 40.00 X 127040 0 53491 CHARLES RUSSEL EMPLOYEE 40.00 X 102433 0 10243 1211048 0 304446 6 0 1 0 JOSEPH GREENWALK LAAKE PA 6404 IVY LANE SUITE 400 GREENBELT MD 20770 LEGAL SERVICE 725186 LTE FIBER LLC 6450 COLLINS RD PARSONSBURG MD 21849 FIBER SERVICE 624477 MD LIGHT SOURCE 159 WALDO ROAD PASADENA MD 21122 SPLICE SERVICE 418656 ACCU TRENCH CONTRACTING LLC 5030 CLARK CANNING HOUSE RD FEDERALSBURG MD 21632 FIBER SERVICE 337359 FIBERCONEXX LLC APT 10315 FRISCO TX 75033 FIBER SERVICE 258057 5 500 27668 28168 FIBER LEASES 900099 4581266 4581266 SPLICING 230000 1380959 1380959 MAINTENANCE FEE 900099 824872 824872 INSTALLATION AND PREMIUMS 541900 757455 757455 7544552 21933 21933 97111 68922 28189 28189 11909 16280 INSURANCE REIMBURSEMENTS 541900 1359 1359 MISCELLANEOUS INCOME 541900 395 395 1754 7624596 7546306 11909 38213 1442892 1110539 60636 295803 195049 121024 127430 29282 17863 669452 89395 54352 297360 67761 44902 9102 188758 1507854 121458 UNRELATED BUSINESS INCO 8096 HUT/ FIBER OPERATING CO 980955 FIBER LEASES 398611 REPAIRS AND MAINTENANCE 230326 388531 8457431 658556 909337 352921 363408 720000 977061 543342 335307 253131 117338 171750 71239307 7603257 57876656 63636050 -46244562 -51296310 14793277 14580708 4580942 1041584 2129771 2635826 1007395 4908171 775829 528622 8493937 9114203 X 0 0 0 0 6299340 5466505 6299340 5466505 14793277 14580708 -832835 0 X 0 0 0 1857364 1650132 512819 2994677 41576 37418 4158 4389135 3504843 3484961 4409017 48343552 11452705 3568059 56228198 63636050 OPERATING LEASE 528622 528622 X 7693018 68922 68922 7624096 500 500 7624596 8526353 68922 68922 8457431 0 8457431 PART X, LINE 2: AS OF JUNE 30, THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS UNDER ASC TOPIC 450. FURTHER, NO INTEREST OR PENALTIES HAVE BEEN ACCRUED OR CHARGED TO EXPENSE. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 68,922. PART XI, LINE 4B - OTHER ADJUSTMENTS: MEMBER CONTRIBUTIONS ARE TREATED AS EQUITY TRANSACTIONS 500. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 68,922. X 1 1 X 0 0 0 ANDREW VAN DOPP CEO/PRESIDENT 303534 0 54000 0 0 0 29000 0 44589 0 431123 0 0 0 TIM HAYES CFO 185606 0 36366 0 0 0 22197 0 38871 0 283040 0 0 0 ROB THOMPSON COO 207248 0 19642 0 0 0 22014 0 31325 0 280229 0 0 0 WAYNE M HOWARD EMPLOYEE 146700 0 28479 0 0 0 17383 0 35333 0 227895 0 0 0 THURMAN PETERMAN EMPLOYEE 121036 0 6004 0 0 0 12434 0 41057 0 180531 0 0 0 PART I, LINE 1A TRAVEL FOR SPOUSE FOR CERTAIN BUSINESS RELATED EVENTS/MEETINGS. ALLOWED PER BOARD POLICY. FORM 990, PART VI, SECTION A, LINE 6 MARYLAND BROADBAND COOPERATIVE OFFERS FIVE TYPES OF MEMBERSHIPS TO THE COOPERATIVE, DEPENDING ON THE MEMBER'S INDUSTRY. FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBERS HAVE THE RIGHT TO ATTEND THE ANNUAL MEETING AND TO VOTE FOR DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE 990 WAS PROVIDED TO THE COOPERATIVE'S EXTERNAL FINANCIAL ADVISOR AS WELL AS THE COOPERATIVE'S CEO PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS FILLED OUT ANNUALLY AND REVIEWED BY THE CEO. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS DETERMINES THE CHIEF EXECUTIVE OFFICER'S SALARY ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 18 FORMS 1024 AND 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.