2024-11-15T17:02:16+00:00 2023-12-31 440160260 Forvis Mazars LLP 500 Ridgefield Court Asheville NC 28806 990 2023-01-01 521889647 Foundation For Rural Service FOUN 7033512000 4121 Wilson Boulevard 1000 Arlington VA 22203 Shirley Bloomfield Chief Executive Officer 7033512000 2024-11-15 true true Amy Bibby P00445891 8282542254 2024-11-15 2023 2024-10-15 13:58:12Z Shirley Bloomfield 4121 Wilson Boulevard 1000 Arlington VA 22203 1977281 false X www.FRS.org X 1994 VA To inform and educate the public on the telecommunications needs of rural areas. 19 19 4 21 0 0 590267 683368 8969 3094 250114 98008 152110 125154 1001460 909624 270523 260911 0 374962 397334 0 94832 361797 455724 1007282 1113969 -5822 -204345 4818649 5001518 648002 647528 4170647 4353990 X The foundation for rural services (FRS), in cooperation with NTCA - The Rural Broadband Association, seeks to sustain and enhance the quality of life in America by advancing an understanding of rural issues. Our vision is to harness the power of the rural communications industry to enrich lives in America. false false 190743 Youth Tour: The foundation sponsors an annual tour of Washington, D.C. Approximately one hundred high school students from rural America visit the nation's capital to learn about the telecommunications industry and the legislative process. 164311 145000 Scholarship Program: The foundation annually awards scholarships to an exceptional group of rural students for their first year of college or vocational school. All applicants require sponsorship by an NTCA The Rural Broadband Association member company to be eligible. FRS awarded over $1 million in scholarships since its inception; empowering rural students throughout the country to advance their communities with invaluable skill sets and experiences. 66537 3094 Awareness Campaign: The foundation sponsors an ongoing awareness campaign to promote the contribution that small independent broadband companies make to rural communities. The program includes the production of informational mailers geared toward education rural telecommunications customers, an image and awareness campaign that aims to educate state and local decision makers on the value that community based telecom providers bring to the telecom and economic futures of their communities and a series of educational papers aimed at educating decision makers. 262645 115911 Other Program Services 262645 115911 684236 true true false false false false false false false true true false true true true true true false false false false false false true false false false true true false false false false false false false false false false false false false true false true false true 9 0 true 4 true false false false false false true true false false false false false false X 19 19 false false false false false false false true true false false false true true true true true true false false VA X Mano Koilpillai CFO 7033512010 4121 Wilson Boulevard 1000 Arlington VA 22203 Camille Christiansen VICE-CHAIR 1.0 X X 0 0 0 Cheryl Rue CHAIR 1.0 X X 0 0 0 Michael Prather SECRETARY/TREASURER 1.0 X X 0 0 0 Andy Jackson DIRECTOR 1.0 X 0 0 0 Ashley Shiner DIRECTOR 1.0 X 0 0 0 Bob Silverman ASSOCIATE DIRECTOR 1.0 X 0 0 0 Brian Sullivan Associate DIRECTOR 1.0 X 0 0 0 Collen Jamision DIRECTOR 1.0 X 0 0 0 Donald Herman Legal Counsel 1.0 X 0 0 0 Greg Coltrain DIRECTOR 1.0 X 0 0 0 Jim Haynie DIRECTOR 1.0 X 0 0 0 Jordan Roberts Associate DIRECTOR 1.0 X 0 0 0 Keith Gabbard DIRECTOR 1.0 X 0 0 0 Kurt Gruendling DIRECTOR 1.0 X 0 0 0 Leannie Blakeslee Associate DIRECTOR 1.0 X 0 0 0 Michael Parrish DIRECTOR 1.0 X 0 0 0 Mike Grisham NTCA Board Liaison 1.0 X 0 0 0 Nancy White Associate DIRECTOR 1.0 X 0 0 0 Ron Laudner Jr DIRECTOR 1.0 X 0 0 0 Ruth Conley DIRECTOR 1.0 X 0 0 0 Todd Henecke Associate DIRECTOR 1.0 X 0 0 0 MANO KOILPILLAI NTCA CHIEF FINANCIAL OFFICER 2.0 41.5 X 0 261896 109798 PAMELA BECKER EXECUTIVE DIRECTOR 37.5 X 168900 0 48644 SHIRLEY BLOOMFIELD NTCA CHIEF EXECUTIVE OFFICER 2.0 41.5 X 0 1039580 283628 168900 1301476 442070 1 false true false 0 80000 603368 683368 Information Mailer 900099 3094 3094 0 0 0 0 3094 137940 137940 0 0 675724 715656 -39932 0 -39932 -39932 473833 352001 121832 121832 Miscellaneous 900099 3322 3322 0 0 0 0 3322 909624 3094 0 223162 115911 115911 145000 145000 217544 132702 50035 34807 116978 52267 56779 7932 16263 8992 5193 2078 24217 13390 7733 3094 22332 12348 7131 2853 34653 34653 22531 22531 9208 565 8643 0 49146 27175 15692 6279 69206 38266 22098 8842 38739 23301 15438 113504 62760 36242 14502 623 623 6687 6687 All other expenses 92062 41516 36101 14445 Board Expenses 9945 9945 Awareness Campaign 9420 9420 0 0 0 0 1113969 684236 334901 94832 305266 262448 36889 10127 45000 30000 68271 43377 0 0 0 0 10512 10179 6234 2182 4675 4052 3499941 3837930 279063 273294 0 569032 530111 4818649 5001518 37549 11805 115200 196375 0 0 495253 439348 648002 647528 X 1866353 1827837 2304294 2526153 4170647 4353990 4818649 5001518 -204345 379188 8500 0 X false true X true false X X 1 National Telecommunication Cooperative Association 520741336 6 true 0 444325 1 0 444325 true false false false false false false false false false false false false false false false true false X false false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6234 2182 4052 4052 Alternative Investments 273294 C 273294 Due From Related Organizations 129121 Right-of-Use Asset 400990 530111 Deferred Rent Capital Lease Liability 439318 Due to Related Organizations 30 439348 X 1486386 379188 8500 211605 599293 887093 22531 0 22531 909624 1303043 211605 211605 1091438 22531 0 22531 1113969 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote NTCA and the Foundation are exempt from federal income taxes under Section 501(c)(6) and 501(c)(3), respectively, of the Internal Revenue Code (IRC) and are subject to taxation only for income defined as unrelated business income. SMC is a taxable corporation. SMC uses the liability method of accounting for income taxes. Deferred tax assets and liabilities are determined based on differences between the financial statement carrying amounts and the tax basis of assets and liabilities (i.e., temporary differences) and are measured at the enacted rates that will be in effect when the differences reverse. NTCA, the Foundation, and SMC evaluated their tax positions and determined that their positions are more likely than not to be sustained on examination. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Special Events - 211605 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Special Events - 211605 RTIME 131736 131736 84443 2677 Fall Conference 65030 65030 35722 2955 4 277067 277067 174063 52141 473833 473833 294228 57773 352001 121832 true Scholarships 29 145000 0 N/A N/A Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. RECOGNIZING THE DISPARITIES BETWEEN RURAL AND URBAN ACCESS TO HIGHER EDUCATION, THE FOUNDATION FOR RURAL SERVICE (FRS) OFFER AN ANNUAL COLLEGE SCHOLARSHIP PROGRAM TO HELP FURTHER PROMOTE HIGHER EDUCATION AMONG RURAL YOUTH. AWARDS FROM $500 TO $7,000 ARE GRANTED TO RURAL HIGH SCHOOL SENIORS ACROSS THE UNITED STATES AS WELL AS ONE SCHOLARSHIP FOR A STUDENT ENTERING LAW SCHOOL. THE STUDENTS ARE SPONSORED BY A NATIONAL TELECOMMUNICATIONS COOPERATIVE ASSOCIATION (NTCA) MEMBER COMPANY. FOR THE FRS GENERAL SCHOLARSHIPS THE STUDENT IS AWARDED $2,000 BY FRS IN ADDITION TO A $500 SCHOLARSHIP MATCH BY THEIR SPONSORING COMPANY. AN INDEPENDENT TEAM OF REVIEWERS IN THE EDUCATION FIELD EVALUATE THE APPLICATIONS AND SELECT THE WINNERS BASED ON SPECIFIED CRITERIA. FRS STAFF ACCEPTS AND PROCESSES ALL APPLICATIONS. HOWEVER, FRS STAFF AND FRS BOARD MEMBERS DO NOT REVIEW THE APPLICATIONS OR HAVE ANY INFLUENCE ON THE DECISION PROCESS. AS PART OF ITS ONGOING COMMITMENT TO RURAL COMMUNITIES ACROSS THE COUNTRY, FRS OFFERS AID FOR COMMUNITIES SERVED BY NTCA MEMBERS THROUGH ITS ANNUAL COMMUNITY GRANTS PROGRAM. THESE GRANTS ARE DESIGNED TO PROVIDE SUPPORT TO A VARIETY OF LOCAL EFFORTS TO BUILD AND SUSTAIN A HIGH QUALITY OF LIFE IN RURAL AMERICA. APPLICATIONS FOR THESE GRANTS ARE ACCEPTED EACH SPRING RANGING FROM $250 TO $5,000. THE GRANTS AWARDED EACH DECEMBER SUPPORT A VARIETY OF PROJECTS CONCENTRATED IN FOUR MAJOR CATEGORIES: BUSINESS AND ECONOMIC DEVELOPMENT, COMMUNITY DEVELOPMENT, EDUCATION, AND TELECOMMUNICATIONS APPLICATIONS. X false true false false false false false false false SHIRLEY BLOOMFIELD NTCA CHIEF EXECUTIVE OFFICER 0 865175 0 173760 0 645 0 256165 0 27463 0 1323208 0 0 MANO KOILPILLAI NTCA CHIEF FINANCIAL OFFICER 0 200794 0 26000 0 35102 0 71350 0 38448 0 371694 0 0 PAMELA BECKER EXECUTIVE DIRECTOR 163900 0 5000 0 0 0 43914 0 4730 0 217544 0 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation The compensation process is conducted by a related organization (NTCA) for their officers (Shirley Bloomfield and Michael Viands) that serves on the board of FRS. 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. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan Shirley Bloomfield - 457 (F) Plan Contribution - $185,265 Form 990, Part III, Line 4d Description of other program services (Expenses $ 262,645 including grants of $ 115,911) Other Program Services Form 990, Part VI, Line 1a Delegate broad authority to a committee An executive committee may be appointed by the foundation's board of directors with the authority to manage the affairs of the foundation between meetings of the board. If appointed, the executive committee is comprised of the foundation's officers. Form 990, Part VI, Line 11b Review of form 990 by governing body A copy of the 990 is reviewed by the foundation manager with the assistance of the chief financial officer, chief executive officer and director of finance prior to filing. After approval, it is signed by the foundation manager. Form 990, Part VI, Line 12c Conflict of interest policy The foundation's conflict-of-interest policy is reviewed annually. All staff and the board of directors are required to sign off indicating adherence to the policy. Throughout the year, management is required to report any violations of the policy to the chief executive officer. 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 foundation's best interest. All relevant information is documented in the meeting minutes. If a person violates the foundation's conflict of interest policy, they inform the board chair and the foundation general counsel, who take appropriate action. Form 990, Part VI, Line 15a Process to establish compensation of top management official 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 19 Required documents available to the public The foundation's governing documents, conflict of interest policy an the financial statements are made available to the public upon request. 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 re for National Telecommunications Cooperative Association and its related entities and trust. Form 990, Part XII, Line 2c This process has not changed from the prior year. National Telecommunicatins Cooperative Association (NTCA) 4121 Wilson Blvd Arlington VA 22203 520741336 Trade Association VA 501(c)(6) NA false NTCA Group Health Program 4121 Wilson Blvd Arlington VA 22203 521043923 Health and Welfare Benefits VA 501(c)(9) NTCA true NTCA Master Trust for Deferred Comp Plans 4121 Wilson Blvd Arlington VA 22203 566678513 Deferred Compensation VA NTCA true NTCA Regional Retiree Medical Funding Trust I 4121 Wilson Blvd Arlington VA 22203 526737391 Post Retirement Benefits DC 501(c)(9) NTCA true NTCA Regional Retiree Medical Funding Trust II 4121 Wilson Blvd Arlington VA 22203 521889144 Post Retirement Benefits DC 501(c)(9) NTCA true NTCA National Retiree Medical Funding Trust 4121 Wilson Blvd Arlington VA 22203 526685526 Post Retirement Benefits DC 501(c)(9) NTCA true NTCA Retirement and Security Program 4121 Wilson Blvd Arlington VA 22203 521558805 Defined Benefit Plan VA NTCA true NTCA Savings Plan 4121 Wilson Blvd Arlington VA 22203 521522857 Defined Contribution Plan VA NTCA true NTCA PAC 4121 Wilson Blvd Arlington VA 22203 521674218 Voluntary, Non-Partisan Political Action Committee VA 527 NTCA true Services Management Corporation 30 Town Square Boulevard Suite 300 Asheville NC 28801 521200541 Administer Benefit Plans NC NA C Corporation false false false true false false false false false false false true false false true true true false false false NATIONAL TELECOMMUNICATIONS COOPERATIVE ASSOCIATION C 50000 Cash NATIONAL TELECOMMUNICATIONS COOPERATIVE ASSOCIATION N 89232 FMV National Telecommunications Cooperative Association P 34653 FMV Services Management Corporation C 30000 Cash