Partner Communications Cooperative
Nonprofit profile at a glance
- EIN
- 420820355
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024
- Location
- Gilman, IA, USA
- Phone
- 6414987701
- Rating confidence
- Limited
Reported finances
- Revenue
- $5,477,088
- Expenses
- $5,364,928
- Assets
- $11,494,217
- Liabilities
- $1,893,496
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- Arthur Cooper (Board President)
- Harlan Quick (Board Vice-President)
Highest reported compensation
- Mr Christopher Mark Riddle Jr (General Manager): $222,431 total reported compensation
- Harlan Quick (Board Vice-President): $7,125 total reported compensation
- Arthur Cooper (Board President): $6,725 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To responsibly maintain technologies to provide economically priced connectivity for Cooperative members within the communities we serve.
What it reported doing in 2024
The Cooperative provides quality services to its member subscribers. These services include local exchange services, toll services, terminal equipment for sale or lease, internet services, installation and maintenance of customer premise wiring, and other miscellaneous services.
Operating model
- Revenue model
- Other-operating. 100% of the money available for current operations came from other operating revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 64
- Accountability: 91
- Sustainability: 50
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 81.8%; rating input score 82; 0th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- 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; 63rd percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 2%; rating input score 41; 41st percentile among comparable filings
- Total-asset coverage ratio: 2.14; rating input score 64; 64th percentile among comparable filings
- Liabilities to assets ratio: 0.16; rating input score 48; 48th percentile among comparable filings
- Officer compensation ratio: 4.9%; rating input score 54; 54th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 7 of 7 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $222K · 8 people listed · 2 of 6 pay-setting controls reported
- Consistency: 10 of 13 current checks pass · 3 findings to review
- Schedules: 4 filed schedules · includes executive pay
- Contacts: How to reach this organization
- Money network: 8 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- Moderate — Transparency & Controls: Schedule D expense reconciliation did not reconcile in the filed values.
- Moderate — Transparency & Controls: Schedule D revenue reconciliation did not reconcile in the filed values.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- Moderate — Sustainability: Operating margin scored 41/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 48/100.
- Review — Sustainability: Officer compensation ratio scored 54/100.