IRS 990 Nonprofit Profile
Mid-atlantic Broadband Communities Corporation
The corporation is organized exclusively for social welfare purposes within the meaning of section 501(c)(4) of the internal revenue code, including, but not limited to promoting economic development, lessening the burdens of government, and revitalizing economically distressed rural areas by construction and operating a publicly funded fiber-optic network for the benefit of the communities and citizens of southern virginia. additionally, the corporation is bridging the digital divide in rural areas where commercial providers have not found it to be economically feasible to invest.
- Filing year
- 2023
- Total revenue
- $19.0M
- Total expenses
- $19.9M
- Program expenses
- $14.3M
- Administration
- $5.6M
- Fundraising
- $0
- Program share of expenses
- 72%
- EIN
- 270076588
- Location
- South Boston, VA
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Financial data on this page is sourced from IRS Form 990 filings.