Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 42-0819332

SOUTH SLOPE COOPERATIVE TELEPHONE COMPANY INC

Tax-exempt · NORTH LIBERTY, IA 52317

Financials

$41.6M$41.6M2023$43.5M$43.5M2024
Revenue Expenses · by fiscal year end
Financials of SOUTH SLOPE COOPERATIVE TELEPHONE COMPANY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$43,488,345$43,495,543-$7,198$113,338,780$24,922,997$88,415,783
December 31, 2023990$41,628,345$41,627,870$475$110,874,225$28,226,782$82,647,443
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$367,443
of which government grants
$367,443
Program service revenue
$41,607,331
Investment income
$844,218
Net rental income
$619,540
Net income from sales of inventory
$10,792
Other revenue
$669,353

Expenses

Grants and similar amounts paid
$132,765
Benefits paid to members
$7,027,044
Compensation of officers, directors and key employees
$1,115,575
Other salaries and wages
$3,969,121
Salaries, compensation and benefits (total)
$6,846,977
Professional fundraising fees
$0
Legal fees
$37,099
Accounting fees
$994,042
Depreciation
$10,604,871

Balance sheet and other

Total assets, start of year
$110,874,225
Total assets, end of year
$113,338,780
Total liabilities, end of year
$24,922,997
Net assets, end of year
$88,415,783
Land, buildings and equipment
$96,879,797
Gross unrelated business income
$18,515
Gross receipts
$43,535,639
Employees
129
Volunteers
0
Year formed
1958
State of legal domicile
IA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
CHARLES DEISBECKCEO
Officer
60$407,917$117,424
BRIAN HAMACHERCHIEF OPERATING OFFICER
Officer
60$238,257$93,916
CARLA MINERCONTROLLER
Officer
55$148,800$46,468
JASON URELLPLANT MANAGER
Highest-paid employee
50$126,962$51,616
SHELLEY MASSELLACCOUNTING SUPERVISOR
Highest-paid employee
55$113,579$39,670
BRADLEY MEREDITHDATA ADMINISTRATOR
Highest-paid employee
42$104,534$45,941
STEVEN SHERZERFACILITIES & MAINTEANCE SUPERVISOR
Highest-paid employee
40$106,196$37,514
JAMES SPRINGSTEENDATA ADMINISTRATOR
Highest-paid employee
42$109,451$31,736
BRAD MESKIMENDIRECTOR
Trustee or director
2$14,727$0
MICHAEL SCHANZPRESIDENT
Trustee or director, Officer
2$13,119$0
DAVID ROBERTSVICE PRESIDENT
Trustee or director, Officer
2$12,759$0
GARY GRABEDIRECTOR
Trustee or director
2$11,269$0
BRIAN BUTZSECRETARY/TREASURER
Trustee or director, Officer
2$10,919$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensationOther / benefits
CHARLES DEISBECKCEO
Officer
60$384,597$85,159
BRIAN HAMACHERChief Operating Officer
Officer
60$207,135$56,796
CARLA MINERCONTROLLER
Officer
55$148,538$42,325
JASON URELLPlant Manager
Highest-paid employee
50$125,278$47,659
JAMES SERBOUSEK JRData Administrator
Highest-paid employee
42$102,630$47,074
SHELLEY MASSELLACCOUNTING SUPERVISOR
Highest-paid employee
55$112,522$35,963
BRADLEY MEREDITHDATA ADMINISTRATOR
Highest-paid employee
42$103,051$26,924
MICHAEL SCHANZPRESIDENT
Trustee or director, Officer
2$21,308$0
BRAD MESKIMENDIRECTOR
Trustee or director
2$18,825$0
GARY GRABEDIRECTOR
Trustee or director
2$15,511$0
BRIAN BUTZSECRETARY/TREASURER
Trustee or director, Officer
2$15,415$0
DAVID ROBERTSVICE PRESIDENT
Trustee or director, Officer
2$10,200$0

Address and contacts

Address (IRS master file)
980 N FRONT ST, NORTH LIBERTY, IA 52317-9005
In care of
% CARLA MINER
Principal officer (990 for 2024)
CHUCK DEISBECK, 980 NORTH FRONT STREET, NORTH LIBERTY, IA 52317
Signed the 990
CHUCK DEISBECK, CEO
Phone
(319) 626-2211
Return prepared by
Forvis Mazars LLP

Mission

TO PROVIDE COMMUNCATIONS SERVICES TO ITS MEMBERS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE COOPERATIVE PROVIDES QUALITY SERVICES TO ITS MEMBER SUBSCRIBERS THESE SERVICES INCLUDE LOCAL EXCHANGE SERVICES, TOLL SERVICES, TERMINAL EQUIPMENT FOR SALE OR LEASE, INTERNET SERVICES, INSTALLATION AND MAINTENANCE OF CUSTOMER PREMISE WIRING, VIDEO SERVICES, AND OTHER MISCELLANEOUS SERVICES.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
42-0819332
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Donations deductible
No
Exempt since
1962
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$113,338,780
Income (IRS master file)
$43,535,639

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$43,488,345$43,495,543$113,338,780IRS
990December 2023$41,628,345$41,627,870$110,874,225XML
990December 2022$41,648,044$41,761,059$110,514,408IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-0819332).

Questions about SOUTH SLOPE COOPERATIVE TELEPHONE COMPANY INC

What is the EIN of SOUTH SLOPE COOPERATIVE TELEPHONE COMPANY INC?
The employer identification number (EIN) of SOUTH SLOPE COOPERATIVE TELEPHONE COMPANY INC is 42-0819332.
Is SOUTH SLOPE COOPERATIVE TELEPHONE COMPANY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1962.
Are donations to SOUTH SLOPE COOPERATIVE TELEPHONE COMPANY INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does SOUTH SLOPE COOPERATIVE TELEPHONE COMPANY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SOUTH SLOPE COOPERATIVE TELEPHONE COMPANY INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SOUTH SLOPE COOPERATIVE TELEPHONE COMPANY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SOUTH SLOPE COOPERATIVE TELEPHONE COMPANY INC?
The 990 for the year ended December 31, 2024 names CHUCK DEISBECK.
Who are the officers and directors of SOUTH SLOPE COOPERATIVE TELEPHONE COMPANY INC?
The 990 for the year ended December 31, 2024 lists 13 people; 13 received compensation from the organization, the highest $407,917 (CHARLES DEISBECK, CEO).
How much revenue does SOUTH SLOPE COOPERATIVE TELEPHONE COMPANY INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $43,488,345, expenses of $43,495,543 and total assets of $113,338,780 at year end.

Other nonprofits in NORTH LIBERTY

All nonprofits in NORTH LIBERTY · Iowa