NonprofitsNew Hope Telephone Cooperative

New Hope Telephone Cooperative

NEW HOPE, AL

Total revenue

$13.9M

Total expenses

$10.6M

Net assets

$40.4M

Grants received

EIN

630321560

Tax year

2024

Mission

To provide telecommunication services to members of the cooperative located in its rural service area.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$13.7M
Investment income$142K
Other revenue
Total revenue$13.9M

Expenses

Grants paid
Salaries & benefits$524K
Fundraising
Other expenses$9.6M
Total expenses$10.6M
Total assets$42.7M
Net assets$40.4M

People

11 listed

NameRoleCompensation

DANIEL MARTIN

MANAGER

Board

$255K

40 hrs/wk

JIM DUNCAN

Director

Board

$18K

3 hrs/wk

CALVIN BEARDEN

President

Board

$17K

3 hrs/wk

JOEY CRAIG

Secretary

Board

$15K

3 hrs/wk

PRESTON WHITAKER

Treasurer

Board

$15K

3 hrs/wk

JERRY O'NEAL

Vice President

Board

$15K

3 hrs/wk

GARLAND ELDERS

Director

Board

$14K

3 hrs/wk

RANDY MORRISON

Director

Board

$14K

3 hrs/wk

MIKE WHITAKER

Director

Board

$11K

3 hrs/wk

BARRY JONES

Director

Board

$9K

3 hrs/wk

TAMMY WEEKS

MANAGER ADMINISTRATIVE SERVICES

Staff

$141K

40 hrs/wk

Details

EIN630321560
Subsection12
Ruling date1954-03
Formed1951
Employees34
NEW HOPE TELEPHONE COOPERATIVE — Mission, Financials & Grants Received | Grantivo