Citizens Telephone Cooperative
Revenue
$19.1m
year to 31 December 2024
Expenses
$17.6m
year to 31 December 2024
Total assets
$62.2m
$30.5m liabilities
Net assets
$31.7m
assets less liabilities
Directors and trustees
8
8.3 years on average
Staff
74
employees, year to 31 December 2024
Left since last filing
0
no seats appear to have opened
Officers and senior staff
7
named in Part VII
Citizens Telephone Cooperative's network
8 people2 organisationsi8 people and 2 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (8). Violet dotted lines (2) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
8 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 8 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Daniel Grim | Director | 2018 | 8 yrs |
| Jonathan Vest | Vice President | 2018 | 8 yrs |
| Joseph Italiano (also filed as Joe Italiano) | President | 2019 | 7 yrs |
| Kevin Hubbard | Director | 2018 | 8 yrs |
| Lynwood Allen | Director | 2018 | 8 yrs |
| Rhonda Turpin | Director | 2018 | 8 yrs |
| Shelby Quesenberry | Company secretary | 2018 | 8 yrs |
| Wesley Goff | Director | 2018 | 8 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
7 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Chris J Bond | CFO | since 2018 |
| Dennis L Reece | COO/Assistant General MGR | since 2018 |
| Donna Smith | COO | since 2020 |
| J Gregory Sapp | CEO/General Manager | since 2018 |
| Jason Vaughn | Wan Technician | since 2023 |
| Michael Herring | Network Engineer/R&D | since 2023 |
| Russell Janney | Engineering Manager | 2024 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Donna Smith | CEO/General Manager | 45 | $154k | $54k | |
| Michael Herring | Network Engineer/R&D | 42 | $126k | $30k | |
| Chris J Bond | CFO | 45 | $110k | $38k | |
| Jason Vaughn | Wan Technician | 42 | $108k | $36k | |
| Russell Janney | Engineering Manager | 45 | $105k | $33k | |
| Shelby Quesenberry | Secretary | 1 | $11k | $550 | |
| Jonathan Vest | Vice President | 1 | $10k | $550 | |
| Daniel Grim | Director | 1 | $9k | ||
| Rhonda Turpin | Director | 1 | $8k | ||
| Wesley Goff | Director | 1 | $8k | ||
| Joseph Italiano | President | 1 | $8k | ||
| Lynwood Allen | Director | 1 | $7k | $550 | |
| Kevin Hubbard | Director | 1 | $6k |
About
- Legal name
- Citizens Telephone Cooperative
- EIN
- 540169578
- Address
- 220 Webbs Mill Rd N, Floyd, VA, 24091-3679
- State
- Virginia
- Mission
- Citizens' mission: to provide quality service, excellent support, and advanced technologies related to communications and entertainment in our service territory. (as filed on the Form 990)
- Activity (NTEE)
- Y22 Mutual and membership benefit
- IRS classification
- 501(c)12 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Mutual & Membership Benefit
- Size band
- 9 (IRS master file code)
- Formed
- 1953
- Principal officer
- Donna Smith (as named on the Form 990)
- IRS ruling date
- 1 May 2000
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2024
Most connected
Longest observed on the filings
≥8years on the filingsDaniel Grim
≥8years on the filingsJonathan Vest
≥8years on the filingsKevin Hubbard
≥8years on the filingsLynwood Allen
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $62.2m
- Total liabilities
- $30.5m
- Net assets or fund balances
- $31.7m
- Contributions and grants received
- $2.8m
- Program service revenue
- $14.8m
- Employees
- 74
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $19.1m | $17.6m | $1.5m |
As filed on the IRS Form 990. US dollars.