New Hope Telephone Cooperative

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 630321560 ✦ New hope, AL ✦ Designated as a 501(c)(12)

Overview

What is New Hope Telephone Cooperative?

New Hope Telephone Cooperative is a nonprofit organization based in New Hope, Alabama. Their primary mission is to provide telecommunication services to the rural community within their service area. With a team of 38 employees, the cooperative is dedicated to connecting its members to essential communication services. The cooperative's purpose, as stated in the description, is to ensure that residents in the rural region have access to reliable telecommunication solutions.


Is New Hope Telephone Cooperative legitimate?

New Hope Telephone Cooperative is a legitimate nonprofit organization registered as a 501(c)(12) entity. New Hope Telephone Cooperative submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $455,098
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of New Hope Telephone Cooperative?
Who is the CEO of New Hope Telephone Cooperative?
What is the revenue of New Hope Telephone Cooperative?
Who are the executives of New Hope Telephone Cooperative and what are their salaries?
Where can I find the form 990 for New Hope Telephone Cooperative?

Mission Statement of New Hope Telephone Cooperative

New Hope Telephone Cooperative, a notable nonprofit organization, is dedicated to delivering telecommunication services to its rural member base. With a mission to connect and communicate, the Cooperative goes above and beyond to ensure its members have access to essential telecommunication resources.

The organization's primary purpose is to facilitate seamless communication amongst its rural community members. By providing telecommunication services, New Hope Telephone Cooperative empowers its members to stay connected with their loved ones, conduct business transactions, and access vital information. This vital service is a lifeline for those living in remote areas where access to traditional telecommunication infrastructure may be limited or nonexistent.

New Hope Telephone Cooperative's commitment to its members extends beyond just providing telecommunication services. The Cooperative's team works tirelessly to ensure the services are reliable, efficient, and affordable for all. With a strong belief that everyone deserves the opportunity to be connected, New Hope Telephone Cooperative is an invaluable resource for its community. In essence, the Cooperative is more than just a telecommunications provider – it's a bridge that connects people, enabling them to build stronger relationships, thrive in their daily lives, and contribute to their communities.

Impact

This information is meant to be a general summary of New Hope Telephone Cooperative. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

New Hope Telephone Cooperative has played a crucial role in providing telecommunication services to its members in the rural service area. By offering reliable communication options, this cooperative has helped bridge the digital divide in remote areas. This access not only connects individuals to essential services but also empowers businesses to thrive in these underserved communities. Overall, New Hope Telephone Cooperative's impact can be seen in improving connectivity, facilitating economic growth, and enhancing the quality of life for its members.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $161,482
  • Program Service Revenue: $12,870,073
  • Gross Receipts: $13,040,075

    • Assets and Liabilities:
  • Total Assets: $39,373,996
  • Total Liabilities: $4,303,626
  • Net Assets: $35,070,370
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TELEPHONE SERVICE

    Revenue

    $12,870,073

    Organization Details

    Founding Year

    1951

    Principal Officer

    Garland Elders

    Main Address

    PO BOX 452, NEW HOPE, AL, 35760

    NTEE Category

    Code: W50 - Public benefit

    If you are a representative of New Hope Telephone Cooperative and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.