Mountain Rural Telephone Cooperative Corporation
Nonprofit profile at a glance
- EIN
- 610467317
- IRS 990 coverage
- 2010–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2025
- Location
- West Liberty, KY, US
- Phone
- (606) 743-3121
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $31,693,572
- Expenses
- $31,693,572
- Assets
- $157,296,845
- Liabilities
- $8,780,185
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- JIMMIE JONES (PRESIDENT)
- KATIE ISON (VICE PRESIDENT)
- RONNIE ISON (CEO/GM)
Highest reported compensation
- RONNIE ISON (CEO/GM): $459,392 total reported compensation
- BILLY QUENTIN MURPHY (ASST GENERAL MANAGER): $269,520 total reported compensation
- JIMMIE JONES (PRESIDENT): $27,400 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
A Smart Community is about connection — neighbors to friends, teachers to students, doctors to patients, new businesses to customers, and a community to the world.
What it reported doing in 2025
Provide telephone service to member owners on a patronage basis. Serve approximately 14,500 customers monthly.
Operating model
- Revenue model
- Earned-program. 94% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 85% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 77
- Accountability: 100
- Sustainability: 51
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 0%; rating input score 23; 23rd percentile among comparable filings
- Total-asset coverage ratio: 4.96; rating input score 78; 78th percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 75; 75th percentile among comparable filings
- Officer compensation ratio: 3%; rating input score 73; 73rd percentile among comparable filings
Growth
- Program expense growth: 1.3% per year; rating input score 100; 15th percentile among comparable filings
- Revenue growth: 2.5% per year; rating input score 100; 18th percentile among comparable filings
- Asset growth: 3.1% per year; rating input score 100; 20th percentile among comparable filings
Details
- What they do: 6 programs and campaigns described on the official site · 5 operating locations identified
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: 10 of 10 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $31.7M in reported program spending
- Leadership: top reported pay $459K · 12 people listed · 3 of 6 pay-setting controls reported
- Consistency: 24 of 24 current checks pass
- Schedules: 4 filed schedules · includes executive pay
- Filing history: 16 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 12 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 23/100.