Nonprofit · EIN 42-0650488
KALONA COOPERATIVE TELEPHONE COMPANY
Tax-exempt · KALONA, IA 52247
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $8,802,863 | $8,807,370 | -$4,507 | $25,106,131 | $9,812,522 | $15,293,609 |
| December 31, 2024 | 990 | $9,502,391 | $9,364,268 | $138,123 | $21,817,769 | $8,075,716 | $13,742,053 |
| December 31, 2023 | 990 | $8,308,916 | $8,494,279 | -$185,363 | $20,658,115 | $8,655,625 | $12,002,490 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $18,005
- of which government grants
- $18,005
- Program service revenue
- $8,614,270
- Investment income
- $80,993
- Net rental income
- $27,203
- Net gain from sales of assets
- $3,306
- Other revenue
- $89,595
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $1,632,938
- Compensation of officers, directors and key employees
- $275,652
- Other salaries and wages
- $256,580
- Salaries, compensation and benefits (total)
- $798,147
- Professional fundraising fees
- $0
- Legal fees
- $11,640
- Accounting fees
- $272,956
- Occupancy
- $21,719
- Depreciation
- $1,779,374
Balance sheet and other
- Total assets, start of year
- $21,817,769
- Total assets, end of year
- $25,106,131
- Total liabilities, end of year
- $9,812,522
- Net assets, end of year
- $15,293,609
- Land, buildings and equipment
- $19,858,111
- Publicly traded securities
- $1,106,796
- Gross unrelated business income
- $71,594
- Gross receipts
- $8,804,768
- Employees
- 45
- Volunteers
- 0
- Year formed
- 1905
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CASEY L PECK | CFO/GM Officer | 55 | $180,621 | $31,380 |
| JEREMY GUGEL | ASSISTANT MANAGER Highest-paid employee | 32 | $146,880 | $29,644 |
| JACOB SLAUBAUGH | CONSTRUCTION MANAGER Highest-paid employee | 50 | $109,701 | $13,222 |
| CURT WYSE | DIRECTOR Trustee or director | 1 | $7,800 | $3,543 |
| STEVE YOTTY | PRESIDENT Trustee or director, Officer | 1 | $9,600 | $384 |
| STEVE RICH | VICE PRESIDENT Trustee or director, Officer | 1 | $9,240 | $384 |
| ATLEE YODER | SECRETARY Trustee or director, Officer | 1 | $9,600 | $0 |
| KEITH TROYER | DIRECTOR Trustee or director | 1 | $7,800 | $0 |
| LUKE HORAK | DIRECTOR Trustee or director | 1 | $7,800 | $0 |
| JEREMY KUENSTER | DIRECTOR Trustee or director | 1 | $7,500 | $0 |
990 for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CASEY L PECK | CFO/GM Officer | 55 | $185,952 | $36,980 |
| JEREMY GUGEL | ASSISTANT MANAGER Highest-paid employee | 32 | $135,521 | $30,654 |
| RAY FEAR | OPERATIONS MANAGER Highest-paid employee | 40 | $118,423 | $26,109 |
| JACOB SLAUBAUGH | CONSTRUCTION MANAGER Highest-paid employee | 50 | $105,530 | $13,191 |
| CURT WYSE | DIRECTOR Trustee or director | 1 | $10,775 | $0 |
| STEVE YOTTY | PRESIDENT Trustee or director, Officer | 1 | $10,688 | $0 |
| STEVE RICH | VICE PRESIDENT Trustee or director, Officer | 1 | $10,328 | $0 |
| ATLEE YODER | SECRETARY Trustee or director, Officer | 1 | $9,150 | $0 |
| KEITH TROYER | DIRECTOR Trustee or director | 1 | $8,100 | $0 |
| JEREMY KUENSTER | DIRECTOR Trustee or director | 1 | $7,800 | $0 |
| LUKE HORAK | DIRECTOR Trustee or director | 1 | $7,500 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CASEY PECK | CFO/GENERAL MANAGER Officer | 50 | $188,993 | $77,838 |
| JEREMY GUGEL | ASSISTANT MANAGER Highest-paid employee | 32 | $119,852 | $33,426 |
| CURT WYSE | DIRECTOR Trustee or director | 1 | $11,473 | $0 |
| STEVE YOTTY | PRESIDENT Trustee or director, Officer | 1 | $8,865 | $0 |
| STEVE RICH | VICE PRESIDENT Trustee or director, Officer | 1 | $8,585 | $0 |
| ATLEE YODER | SECRETARY Trustee or director, Officer | 1 | $8,400 | $0 |
| KEITH TROYER | DIRECTOR Trustee or director | 1 | $7,000 | $0 |
| LUKE HORAK | DIRECTOR Trustee or director | 1 | $7,000 | $0 |
| JEREMY KUENSTER | DIRECTOR Trustee or director | 1 | $6,800 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1208, KALONA, IA 52247-1208
- In care of
- % CASEY PECK
- Principal officer (990 for 2025)
- CASEY PECK, 510 B AVENUE, KALONA, IA 52247
- Signed the 990
- CASEY PECK, CFO/GENERAL MANAGER
- Phone
- (319) 656-3668
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
Mission
TO PROVIDE TELECOMMUNICATION SERVICES TO ITS MEMBERS.
Program accomplishments
- THE COOPERATIVE PROVIDES QUALITY TELECOMMUNICATION SERVICES TO ITS MEMBER SUBSCRIBERS. THESE SERVICES INCLUDE LOCAL EXCHANGE SERVICES, TOLL SERVICES, TERMINAL EQUIPMENT FOR SALE OR LEASE, INTERNET SERVICES, PCS SERVICES, INSTALL, AND MAINTENANCE OF CUSTOMER PREMISE WIRING, VIDEO SERVICES, AND OTHER MISC. SERVICES FOR QUALITY TELECOMMUNICATIONS SERVICE.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 42-0650488
- Tax-exempt status
- 501(c)(12): Benevolent life insurance association or mutual company
- Donations deductible
- No
- Exempt since
- 1951
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $25,106,131
- Income (IRS master file)
- $8,804,768
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $8,802,863 | $8,807,370 | $25,106,131 | XML |
| 990 | December 2024 | $9,502,391 | $9,364,268 | $21,817,769 | XML |
| 990 | December 2023 | $8,308,916 | $8,494,279 | $20,658,115 | XML |
| 990 | December 2022 | $7,984,375 | $7,963,616 | $19,410,393 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 42-0650488).
Questions about KALONA COOPERATIVE TELEPHONE COMPANY
- What is the EIN of KALONA COOPERATIVE TELEPHONE COMPANY?
- The employer identification number (EIN) of KALONA COOPERATIVE TELEPHONE COMPANY is 42-0650488.
- Is KALONA COOPERATIVE TELEPHONE COMPANY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1951.
- Are donations to KALONA COOPERATIVE TELEPHONE COMPANY tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does KALONA COOPERATIVE TELEPHONE COMPANY 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 KALONA COOPERATIVE TELEPHONE COMPANY due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KALONA COOPERATIVE TELEPHONE COMPANY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of KALONA COOPERATIVE TELEPHONE COMPANY?
- The 990 for the year ended December 31, 2025 names CASEY PECK.
- Who are the officers and directors of KALONA COOPERATIVE TELEPHONE COMPANY?
- The 990 for the year ended December 31, 2025 lists 10 people; 10 received compensation from the organization, the highest $180,621 (CASEY L PECK, CFO/GM).
- How much revenue does KALONA COOPERATIVE TELEPHONE COMPANY have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $8,802,863, expenses of $8,807,370 and total assets of $25,106,131 at year end.
Other nonprofits in KALONA
- IOWA MENNONITE BENEVOLENT ASSOCIATION EIN 42-0803935 · last filed 990 for 2025
- FARMERS ELECTRIC COOPERATIVE EIN 42-0245083 · last filed 990 for 2024
- IOWA MENNONITE SCHOOL EIN 42-0810248 · last filed 990 for 2025
- WORLD LINK INC EIN 74-3024071 · last filed 990 for 2024
- WATER FOR LIFE EIN 42-1203881 · last filed 990 for 2025
- BEREAN BIBLE MISSION PATHWAY SCHOOL EIN 42-1130834 · last filed 990 for 2025
- MID PRAIRIE COMMUNITY SCHOOL DISTRICT FOUNDATION EIN 42-1304224 · last filed 990 for 2025
- KALONA HISTORICAL SOCIETY EIN 23-7446876 · last filed 990 for 2025