Mission
TO PROVIDE TELECOMMUNICATION SERVICES TO MEMBERS OF THE COOPERATIVE LOCATED IN ITS RURAL SERVICE AREA.
Public Charity
NEW HOPE TELEPHONE COOPERATIVE
NEW HOPE TELEPHONE COOPERATIVE, of NEW HOPE, AL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $13.9M in revenue, $10.6M in expenses, $42.7M in total assets.
EIN: 630321560
NEW HOPE, AL
Latest filing: 2024
Total Revenue$13.9M
Total Expenses$10.6M
Total Assets$42.7M
Grant Records0
Filing Years2019–2024
Where $100 goes at New Hope Telephone Cooperative
How New Hope Telephone Cooperative divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$100
Programs
the work itself
<$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $100 for programs
$100
The purpose of the cooperative is to provide telecommunication services to its members located in its rural service area
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
Director
Barry Jones
President
Calvin Bearden
MANAGER
Daniel Martin
Director
Garland Elders
Vice President
Jerry O'neal
Director
Jim Duncan
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $13.9M | $10.6M | $42.7M |
| 2023 | $12.4M | $10.6M | $40.1M |
| 2022 | $13.0M | $9.8M | $39.4M |
| 2020 | $13.0M | $10.2M | $37.0M |
| 2019 | $13.7M | $11.6M | $36.7M |
Between 2019 and 2024, reported annual revenue held roughly steady at around $13.9M, with total assets most recently reported at $42.7M.
Interactive year-over-year charts and full filing details available with membership.