2024-11-14T14:21:28+00:00 2023-12-31 440160260 Forvis Mazars LLP 500 Ridgefield Court Asheville NC 28806 990 2023-01-01 521889144 NTCA Regional Retiree Medical Funding Trust II CO Nat'l Telecommun Coop Ass oc NATI 7033512000 4121 Wilson Boulevard Arlington VA 22203 Mano Koilpillai CFO 7033512000 2024-11-14 true true Amy Bibby P00445891 8282542254 2024-11-14 2023 2024-10-15 13:58:12Z Shirley Bloomfield 4121 Wilson Boulevard Arlington VA 22203 9689023 false X N/A X 1993 DC To act as an adequate funding vehicle for assisting its members in providing benefits. 8 8 0 8 0 0 0 0 240000 80000 2015470 3386953 0 0 2255470 3466953 0 0 374802 526894 0 0 0 0 0 37773 39538 412575 566432 1842895 2900521 65606869 74965368 11848 1425 65595021 74963943 To provide NTCA member companies domiciled in Kentucky, Arkansas, and Texas with a funding vehicle to help meet their liabilities for sickness, accident, and other welfare benefits for eligible current and former employees upon retirement. false false Provided certain NTCA member systems domiciled in the states of Kentucky, Arkansas, and Texas with a funding vehicle to help meet their liabilities for sickness, accident, and other welfare benefits provided for eligible current and former employees upon retirement. 0 false false false false false false false false false true false false false true true false false false false false false false false false false false false true false false false false false false false false false false false true false false true 0 0 0 false false false false false false false false X 8 8 false true false false true false false true false false false false true true true true true false false false X Mano Koilpillai Chief Financial Officer 7033512000 4121 Wilson Boulevard 10th Floor Arlington VA 22203 Jimmy Todd Vice Chair 1.0 1.0 X X 0 0 0 Thomas E Preston Chair 1.0 1.0 X X 0 0 0 Candace Wright Trustee 1.0 1.0 X 0 0 0 Crystal Morley Trustee 1.0 1.0 X 0 0 0 Dustin Durden Trustee 1.0 1.0 X 0 0 0 Holly Utke Trustee 1.0 1.0 X 0 0 0 Jennifer L Prather Trustee 1.0 1.0 X 0 0 0 Kevin Beyer Trustee 1.0 6.0 X 0 0 0 Man0 Koilpillai NTCA Chief Financial Officer 1.0 42.5 X 0 261896 106472 Shirley Bloomfield Chief Executive Officer 1.0 42.5 X 0 1039580 283628 0 1301476 390100 0 false true false 0 0 Retirement Funding 900099 80000 80000 0 0 0 0 80000 2261372 2261372 0 0 7347651 6222070 1125581 0 1125581 1125581 0 0 0 0 0 3466953 80000 0 3386953 526894 17987 11625 6166 0 3671 Miscellaneous 89 0 566432 144867 172101 0 0 3088 2903 0 0 0 54878627 60032375 10580287 14757989 0 0 0 65606869 74965368 706 1425 0 11142 0 11848 1425 X 65595021 74963943 65595021 74963943 65606869 74965368 2900521 6468401 0 X false true X true false Blackrock Low Vol Global EQ 11092589 F T Rowe Price Inst Floating Rate Fund 3665400 F 14757989 Due to NTCA & Affiliates 0 X 9932188 6468401 0 6468401 3463787 3166 0 3166 3466953 563266 0 0 563266 3166 0 3166 566432 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote In accordance with section 505(C) of the IRC, the trust sponsor, NTCA, has filed the required notification to the Internal Revenue Service (IRS) requesting a determination that the trust is exempt from tax under section 501(C)(9) of the IRC. IRC section 501(C)(9) is referred to as a voluntary employee beneficiary association (VEBA). On June 7, 1995, the trust received a favorable response from the IRS to its exemption letter request. The trust has not been amended after receipt of the latest exemption letter. Accounting Principles generally accepted in the United States of America require trust management to evaluate tax positions taken by the trust and recognize a tax liability (or asset) if the trust has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. The trust is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. false true false Shirley Bloomfield Chief Executive Officer 0 865175 0 173760 0 645 0 256165 0 27463 0 1323208 0 0 Man0 Koilpillai NTCA Chief Financial Officer 0 235896 0 26000 0 0 0 71370 0 35102 0 368368 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation The organization's top management officials are employes and compensated by National Telecommunications Cooperative Association (NTCA), a related organization, and regional retiree medical funding trust I relies on NTCA to establish reasonable compensation. The chief executive officer's compensation is reviewed by an independent compensation consultant that does a comparison of like positions in the area and presents the study to the NTCA board for approval. This process is documented in the board meeting minutes. This process was last conducted in 2018. However, the annual salary increase and bonus for the CEO are approved by the board every year while the independent consultant study is being done once every five years. Other officers key employees' compensation is reviewed by a compensation consultant every five years. Changes in compensation are presented and approved by the chief executive officer. This process was last reviewed internally by the association in 2020. Form 990, Part VI, Line 15 The medical funding trust ii does not have direct employees. The trustee committee has hired service management corporation to administer the daily operations of the trust and report back to the trustee committee. Form 990, Part VI, Line 3 Delegation of management duties NTCA Medical Funding Trust II's trustee committee has a hired service management corporation to administer the daily activity of the program and report back to the trustee committee. Form 990, Part VI, Line 6 Classes of members or stockholders The medical funding trust i has members who pay into the program for future benefits for its employees. VEBA status and membership: the trust is intended to constitute, and the trustee may assume the trust is, a voluntary employees' beneficiary association exempt from federal income taxation under section 501(C)(9) of the code, and shall be interpreted in a manner consistent with this intent. The members of the trust shall be the participants. Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body There are no committees with authority to act on behalf of the board of directors. Form 990, Part VI, Line 11b Review of form 990 by governing body The form 990 is reviewed by both the chief executive officer and chief financial officer prior to its filing with the IRS. Form 990, Part VI, Line 12c Conflict of interest policy Trust's conflict of interest policy applies to all board members and officers. When a person becomes aware of an actual or potential conflict, they disclose all relevant information to the board chair or vice chair, remove themselves from all discussions of the matter, and remove themselves from all votes on the matter. The board may vote to enter the transaction if it determines that the transaction is in the association's best interest. All relevant information is documented in the meeting minutes. If a person violates the association's conflict of interest policy, they inform the president of the board and the association's general counsel, who take appropriate action. Form 990, Part VI, Line 19 Required documents available to the public The compensated officers listed in form 990, part VII were compensated through National Telecommunications Cooperative Association (NTCA). The hours per week indicated in Form 990, part VII for their officers are for National Telecommunications Cooperative Association and its related entities and trust. Form 990, Part VII, Section A THE COMPENSATED OFFICERS LISTED IN FORM 990, PART VII WERE COMPENSATED THROUGH NATIONAL TELECOMMUNICATIONS COOPERATIVE ASSOCIATION. THE HOURS PER WEEK INDICATED IN FORM 990, PART VII FOR THESE OFFICERS ARE FOR NATIONAL TELECOMMUNICATIONS COOPERATIVE ASSOCIATION AND ITS RELATED ENTITIES AND TRUST. Form 990, Part XII, Line 2c This process has not changes from the prior year. Foundation For Rural Service 4121 Wilson Boulevard 10th Floor Arlington VA 22203 521889647 Promote, Educate, and Advance Rural Telecommunications VA 501(c)(3) 7 NTCA false National Telecommunications Cooperative Association (NTCA) 4121 Wilson Boulevard 10th Floor Arlington VA 22203 520741336 Trade Association VA 501(c)(6) NA false NTCA Retirement and Security Program 4121 Wilson Boulevard 10th Floor Arlington VA 22203 521558805 Defined Benefit Plan VA 501(c)(6) NTCA false NTCA Savings Plan 4121 Wilson Boulevard 10th Floor Arlington VA 22203 521522857 Defined Contribution Plan VA 501(c)(6) NTCA false NTCA Regional Medical Funding Trust I 4121 Wilson Boulevard 10th Floor Arlington VA 22203 526737391 Post Retirement Benefits DC 501(c)(6) NTCA false NTCA Group Health Program 4121 Wilson Boulevard 10th Floor Arlington VA 22203 521043923 Health Benefits VA 501(c)(6) NTCA false NTCA Master Trust for Deferred Comp Plans 4121 Wilson Boulevard 10th Floor Arlington VA 22203 566678513 Deferred Compensation VA 501(c)(6) NTCA false National Telecommunications Cooperative Association Rural Broadband PAC 4121 Wilson Boulevard 10th Floor Arlington VA 22203 521674218 Voluntary, Non-Partisan Political Action Committee VA 527 NTCA false Brazos Telephone Cooperative Inc 109 N Ave D Olney TX 76374 750850281 Post Retirement Benefits AR 501(c)(12) NA false Central Arkansas Telephone PO Box 130 Bismarck AR 71929 710259315 Post Retirement Benefits KY 501(c)(12) NA false Central Texas Telephone PO Box 627 Goldwaite TX 76844 750853485 Post Retirement Benefits KS 501(c)(12) NA false Colorado Valley Telephone 4915 S US Hwy 77 La Grance TX 78945 741362636 Post Retirement Benefits KY 501(c)(12) NA false Duo County Telephone Coop PO Box 80 Jamestown KY 42629 610529587 Post Retirement Benefits TX 501(c)(12) NA false Eastex Telephone PO Box 150 Henderson TX 75656 750838640 Post Retirement Benefits TX 501(c)(12) NA false Etex Telephone Coop PO Box 130 Gilmer TX 75644 750860868 Post Retirement Benefits TX 501(c)(12) NA false Five Area Telephone Coop PO Box 448 Muleshoe TX 79347 756111577 Post Retirement Benefits TX 501(c)(12) NA false Mountain Rural Telephone Coop PO Box 399 West Liberty KS 41472 610467317 Post Retirement Benefits TX 501(c)(12) NA false Taylor Telephone Coop PO Box 370 Merkel TX 79536 750842158 Post Retirement Benefits TX 501(c)(12) NA false West Kentucky Telephone 100 WK T Technology Dr Mayfield KY 42066 610471985 Post Retirement Benefits TX 501(c)(12) NA false XIT PO Box 411 Dalhart TX 79022 750829216 Post Retirement Benefits TX 501(c)(12) NA false Services Management Corporation 30 Town Square Boulevard Suite 300 Asheville NC 28801 521200541 Administer Benefit Plans NC NA C Corporation false false false false false false false false false false false false false true false false false false false false