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Nonprofit · EIN 42-0650488

KALONA COOPERATIVE TELEPHONE COMPANY

Tax-exempt · KALONA, IA 52247

Financials

$8.3M$8.5M2023$9.5M$9.4M2024$8.8M$8.8M2025
Revenue Expenses · by fiscal year end
Financials of KALONA COOPERATIVE TELEPHONE COMPANY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$8,802,863$8,807,370-$4,507$25,106,131$9,812,522$15,293,609
December 31, 2024990$9,502,391$9,364,268$138,123$21,817,769$8,075,716$13,742,053
December 31, 2023990$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.

NameTitleHours / weekCompensationOther / benefits
CASEY L PECKCFO/GM
Officer
55$180,621$31,380
JEREMY GUGELASSISTANT MANAGER
Highest-paid employee
32$146,880$29,644
JACOB SLAUBAUGHCONSTRUCTION MANAGER
Highest-paid employee
50$109,701$13,222
CURT WYSEDIRECTOR
Trustee or director
1$7,800$3,543
STEVE YOTTYPRESIDENT
Trustee or director, Officer
1$9,600$384
STEVE RICHVICE PRESIDENT
Trustee or director, Officer
1$9,240$384
ATLEE YODERSECRETARY
Trustee or director, Officer
1$9,600$0
KEITH TROYERDIRECTOR
Trustee or director
1$7,800$0
LUKE HORAKDIRECTOR
Trustee or director
1$7,800$0
JEREMY KUENSTERDIRECTOR
Trustee or director
1$7,500$0
990 for the year ended December 31, 2024: 11 people
NameTitleHours / weekCompensationOther / benefits
CASEY L PECKCFO/GM
Officer
55$185,952$36,980
JEREMY GUGELASSISTANT MANAGER
Highest-paid employee
32$135,521$30,654
RAY FEAROPERATIONS MANAGER
Highest-paid employee
40$118,423$26,109
JACOB SLAUBAUGHCONSTRUCTION MANAGER
Highest-paid employee
50$105,530$13,191
CURT WYSEDIRECTOR
Trustee or director
1$10,775$0
STEVE YOTTYPRESIDENT
Trustee or director, Officer
1$10,688$0
STEVE RICHVICE PRESIDENT
Trustee or director, Officer
1$10,328$0
ATLEE YODERSECRETARY
Trustee or director, Officer
1$9,150$0
KEITH TROYERDIRECTOR
Trustee or director
1$8,100$0
JEREMY KUENSTERDIRECTOR
Trustee or director
1$7,800$0
LUKE HORAKDIRECTOR
Trustee or director
1$7,500$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensationOther / benefits
CASEY PECKCFO/GENERAL MANAGER
Officer
50$188,993$77,838
JEREMY GUGELASSISTANT MANAGER
Highest-paid employee
32$119,852$33,426
CURT WYSEDIRECTOR
Trustee or director
1$11,473$0
STEVE YOTTYPRESIDENT
Trustee or director, Officer
1$8,865$0
STEVE RICHVICE PRESIDENT
Trustee or director, Officer
1$8,585$0
ATLEE YODERSECRETARY
Trustee or director, Officer
1$8,400$0
KEITH TROYERDIRECTOR
Trustee or director
1$7,000$0
LUKE HORAKDIRECTOR
Trustee or director
1$7,000$0
JEREMY KUENSTERDIRECTOR
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.

990 for the year ended December 31, 2025

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 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

FormYear endedRevenueExpensesAssetsReturn
990December 2025$8,802,863$8,807,370$25,106,131XML
990December 2024$9,502,391$9,364,268$21,817,769XML
990December 2023$8,308,916$8,494,279$20,658,115XML
990December 2022$7,984,375$7,963,616$19,410,393IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 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.

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