2026-07-22T15:43:13-07:00 2025-12-31 463057681 Amatics CPA Group 45 Discovery Drive Bozeman MT 59718 990 2025-01-01 474528856 BOZEMAN FIBER DBA YELLOWSTONE FIBER BOZE 4069249999 77A NUGGET LANE BELGRADE MT 59714 RICHARD SID BOSWELL President & CEO 2026-07-22 true MORGAN SCARR P00747394 4064041925 2025 2025-03-06 01:10:19Z RICHARD SID BOSWELL 77A NUGGET LANE BELGRADE MT 59714 2879851 false X www.yellowstonefiber.com X 2015 MT THE MISSION OF BOZEMAN FIBER IS TO PROVIDE NEXT GENERATION BROADBAND NETWORK INFRASTRUCTURE TO SUPPORT PUBLIC SECTOR TELECOMMUNICATION NEEDS, BRIDGE SERVICE GAPS, ENHANCE REDUNDANCY, AND PROVIDE ACCESS TO ADVANCED TELECOMMUNICATIONS CAPABILITIES TO ENABLE THE PRIVATE SECTOR IN BOZEMAN AND THE GALLATIN VALLEY TO USE SHARED INFRASTRUCTURE TO BETTER DELIVER BROADBAND SERVICES. 8 8 6 0 0 1753474 2549163 364573 54406 262324 2118047 2865893 0 0 124361 334816 0 0 2056809 5450249 2181170 5785065 -63123 -2919172 67593759 104623086 67643335 108872127 -49576 -4249041 THE MISSION OF BOZEMAN FIBER IS TO PROVIDE NEXT GENERATION BROADBAND NETWORK INFRASTRUCTURE TO SUPPORT PUBLIC SECTOR TELECOMMUNICATION NEEDS, BRIDGE SERVICE GAPS, ENHANCE REDUNDANCY, AND PROVIDE ACCESS TO ADVANCED TELECOMMUNICATIONS CAPABILITIES TO ENABLE THE PRIVATE SECTOR IN BOZEMAN AND THE GALLATIN VALLEY TO USE SHARED INFRASTRUCTURE TO BETTER DELIVER BROADBAND SERVICES. false false 4603194 2811487 DESIGN AND PROVIDE A NEXT GENERATION BROADBAND OPEN NETWORK INFRASTRUCTURE THAT WILL SUPPORT ALL OF THE GENERAL PUBLIC. 4603194 true false false false false false false false false false true false false true true false true false false false false false false false false false false false false true true true false false false false false false false false false false false false false false false false false false true 12 0 true 6 true false false false false false false false 0 false false false false false false false X 8 8 false false false false false false false true false false false true true true true false false false false false X RICHARD SID BOSWELL 4069249999 77A NUGGET LANE BELGRADE MT 59714 RICHARD SID BOSWELL President & CEO 45.00 0.00 X 145421 0 13567 BRUCE PARKER Chairman 3.00 0.00 X X 0 0 0 JEFF ERWIN Director 1.00 0.00 X 0 0 0 SCOTT HOLTON Vice Chairman 3.00 0.00 X X 0 0 0 ALEX MILLER Director 1.00 0.00 X 0 0 0 DARYL SCHLIEM Director 1.00 0.00 X 0 0 0 MIKE WATERMAN Treasurer 3.00 0.00 X X 0 0 0 TED BARKLEY Secretary 3.00 0.00 X X 0 0 0 KELLY KORTUM Director 1.00 0.00 X 0 0 0 145421 13567 1 false true false TITAN TELECOM 26079 JEFFERSON AVE MURRIETA CA 92562 CONSTRUCTION, CONSULT 304641 TCB ENTERPRISES 2295 E 425 N LAYTON UT 84040 CONSTRUCTION, CONSULT 527161 UTOPIA FIBER 5858 S 900 E MURRAY UT 84121 CONSTRUCTION, CONSULT 1152326 ROCKY MOUNTAIN CONTRACTORS PO BOX 8688 KALISPELL MT 59904 CONSTRUCTION 7217034 B JACKSON CONSTRUCTION & ENGINEERING LLC 6674 MALTESE LN 2A BOZEMAN MT 59718 CONSTRUCTION 5044810 12 0 ANCHOR TENANT REVENUE 518111 280224 280224 FIBER NETWORK REVENUE 518111 1258749 1258749 RESTRICTED BOND REVENUE 518111 1010190 1010190 2549163 29800 29800 0 0 0 38564 13958 24606 24606 24606 0 0 0 REIMBURSEMENTS AND OTHER 900099 262324 262324 262324 2865893 2811487 54406 0 0 0 0 145421 145421 0 140052 140052 6339 6339 17982 17982 25022 25022 0 12750 12750 66067 66067 0 0 10686 10686 219372 219372 327345 327345 14530 14530 0 0 92009 92009 0 0 0 2494317 2494317 0 1571271 1571271 66556 66556 MAINTENANCE 161844 161844 LOCATES 145851 145851 NETWORK OPERATIONS 109242 109242 REVENUE SHARE 92547 92547 65862 28122 37740 5785065 4603194 1181871 0 370113 299156 0 0 115608 238802 0 0 0 0 51756 48956 79103908 4374406 61431258 74729502 0 0 0 0 5625024 29306670 67593759 104623086 1771117 1558669 140112 309208 102941150 65635648 3950770 96458 112330 67643335 108872127 X -49576 -4249041 -49576 -4249041 67593759 104623086 -2919172 200628 -1480921 X X false true X true false X 0 549956 624405 789386 1464555 2549163 5977465 0 0 0 549956 624405 789386 1464555 2549163 5977465 0 252354 238920 227360 232860 223398 1174892 252354 238920 227360 232860 223398 1174892 4802573 217 408087 823336 364573 29800 1626013 0 217 408087 823336 364573 29800 1626013 0 44178 31904 29653 288919 262324 656978 594351 1064396 1642375 2118047 2841287 8260456 X 0.00000 0.00000 379665 295216 84449 78724243 4079190 74645053 74729502 BOND PROCEEDS - NETWORK 21095964 BOND PROCEEDS HELD BY TRUSTEE, CURRENT 734910 BOND PROCEEDS HELD BY TRUSTEE, LONG TERM 6700919 CASH - BOARD DESIGNATED 755094 RIGHT OF USE ASSETS 19783 29306670 LEASE LIABILITIES 19783 REVENUE SHARE PAYABLE 92547 112330 3055835 200628 200628 2855207 10686 10686 2865893 5774379 5774379 10686 10686 5785065 X X false false false false false false false false false RICHARD SID BOSWELL President & CEO 140421 5000 4213 9354 158988 A GALLATIN COUNTY MONTANA 816001363 363671BJ6 2021-12-21 64379950 CONSTRUCT/INSTALL NETWORK EXP false false false B GALLATIN COUNTY MONTANA 816001363 363671BP2 2025-03-28 38956554 CONSTRUCT/INSTALL NETWORK EXP false false false A 66013666 4096137 6974067 74152 50837718 4141902 2025 false true false true B 39890000 2002959 760000 16790959 20336083 false false false true A false true true true false false false true B false true true true false false false true A false true false false true true B false true false false false true A true B true Part VI Part I Line A, Column (f): Fund the acquisition, construction and installation of communication lines and related improvements and facilities to expand the Bozeman Fiber Network; refund a taxable loan dated September 24, 2015.Part I Line B, Column (f): Fund the acquisition, construction and installation of communication lines and related improvements and facilities to expand the Bozeman Fiber Network.Part II, Line 3, Column A: Total proceeds do not equal the issue price due to investment earnings.Part II, Line 3, Column B: Total proceeds do not equal the issue price due to investment earnings.Part II, Line 11, Column A: $3,655,214.74 of proceeds of the Series 2021A Bonds were used to refund a taxable loan and $486,687.28 of investment proceeds of the Series 2021A Bonds were used to pay interest on the Bonds after the project construction period. Form 990, Part VI, Section B, Line 11b THE FORM 990 IS REVIEWED BY ALL BOARD MEMBERS AT A MEETING PRIOR TO FILING. Form 990, Part VI, Section B, Line 12c The organization requires its officers and directors to complete a written conflict of interest disclosure annually. Management and the Board review the disclosures, and any director with a conflict regarding a specific matter recuses himself or herself from the related discussion and vote. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION MAKES ITS ORGANIZATIONAL DOCUMENTS AVAILABLE UPON REQUEST. Form 990, Part XII, Line 2c THE BOARD OF DIRECTORS HAS THE RESPONSIBILITY OF SELECTING AN INDEPENDENT ACCOUNTANT TO PERFORM FINANCIAL STATEMENT ASSURANCE SERVICES. FORM 990, PART IX, LINE 5-7 - CAPITALIZED LABOR COSTS The Organization capitalizes the portion of its labor costs related to construction of the fiber network. Wages reported on Form 990 Part IX do not reflect full payroll costs as some costs are reported as assets on Form 990 Part X line 10. FORM 990, PART XI, LINE 8 - PRIOR PERIOD ADJUSTMENTS During the year ended December 31, 2025, the Organization determined that under ASC Topic 835-20-30-11, when a qualifying asset is financed with the proceeds of a tax-exempt borrowing that is externally restricted to acquiring specified qualifying assets or servicing the related debt, the amount of the interest to be capitalized is the total interest cost on that borrowing reduced by the interest earned onrelated interest-bearing investments purchased with those tax-exempt proceeds. This correction resulted in a prior period adjustment in the amount of $1,519,088 for the amount of interest earned on investments purchased with tax-exempt proceeds and $38,167 for the accumulated depreciation recorded on capitalized interest through December 31, 2024. SCHEDULE A (FORM 990), PART III, SECTION A In preparing the Organizations 2025 Schedule A (Form 990), Part III, Section A, the Organization recomputed the amounts reported on line 7b for tax years 2021 through 2024 to properly apply the limitation under IRC Section 509(a)(2) for amounts in excess of the greater of $5,000 or 1% of total support from any one payor. The prior-year Forms 990 are not being amended because the correction did not affect the Organizations public charity status under IRC Section 509(a)(2) during those years. The corrected amounts are reflected solely in the 2025 Schedule A five-year public support computation.