Emery Telephone DBA Emery Telcom

“In 2024, the organization amended its bylaws to update the membership eligibility criteria. To be eligible for membership, one must subscribe to a retail access line, retail internet services, or other services determined by the board, from emery telephone or its wholly owned subsidiary, emery telcom internet llc. Additionally, the officers of the cooperative shall include the president, vice president, secretary, chief executive officer/treasurer. The ceo/treasurer shall be a nonvoting member of the board of directors and be employed by the cooperative.”

“The organization operates as a cooperative consisting of members. All members are equal and receive one vote in board elections and decisions. Each community (historical phone exchange boundary) in the cooperative has a board member representative. Profits are allocated to members based upon their local service dollars and access minutes generated.”

“All members are equal and receive one vote in board elections and decisions. Each community (historical phone exchange boundary) in the cooperative has a board member representative. Profits are allocated to members based upon their local service dollars and access minutes generated.”

“Some actions require member approval by vote and attendance at the cooperative annual meeting.”

“The cfo reviews the 990 and the board is then informed of any changes affecting the 990. In the absence of cooperative changes affecting the 990 filing, no formal review is considered necessary at the board level.”

“Prior to eligibility for election to the board of directors the candidate must provide evidence and certify compliance with the conflicts of interest policy. While serving on the board, compliance is monitored by the cooperative's management and board of directors. Where conflicts are discovered the offending party must remedy the conflict or be subject to replacement/termination.”

“Compensation for key employees, officers, and top management is determined by independent review and approval by the board of directors. Industry salary surveys and peer data are used for comparability and to establish salary range parameters for all employees including key employees and ceo. Comparability data is specific to similar sized telecommunication companies, considering service offerings, number of related entities, number of customers, region, corporate complexity/ownership, and revenue size.”

“Forms 990 is available for public inspection at the orangeville, utah business office or upon request.”

“The organization's governing documents, conflict of interest policy, and financial statements are maintained and are available for inspection at the cooperative's business office at 445 e. Sr 29, orangeville, ut 84537. Financial results are also presented during the annual meeting of the members. Portions of the governing documents are communicated during the election process and at annual meetings as needed. Additionally, the conflict of interest policy is mailed to members applying for board elections.”

“Capital credit retirements -1,368,821. Other comprehensive income - postretirement benefit obligation -21,087. Officer compensation 1,581,818. Benefits paid to members 3,900,061.”