The Ottoville Mutual Telephone Company

EIN: 344466080

Ottoville, OH

Total Revenue
$2,064,242
Total Expenses
$1,316,384
Total Assets
$10,539,204
Net Assets
$9,650,986
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1955
Legal Domicile
OH
Phone
4194533324
Tax Period
2023-01-01 to 2023-12-31

The Ottoville Mutual Telephone Company, founded in 1955, is a community nonprofit that reported $2.1M in total revenue in fiscal year 2023. The organization ran a surplus of $748K, a strong 36% operating margin.

Mission

To lead and support our members by being customer oriented, delivering quality telecommunications and information services, promoting economic development and improving the quality of life in our serving areas.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,911,689
Investment Income $152,553
Other Revenue $0
TOTAL REVENUE $2,064,242

Expense Breakdown

Grants Paid $0
Salaries & Benefits $140,224
Fundraising Expenses $0
Other Expenses $1,176,160
TOTAL EXPENSES $1,316,384

Year-over-Year Comparison

2023 2022 Change
Revenue $2,064,242 $1,921,761 +0.1%
Expenses $1,316,384 $1,294,115 +0.0%
Net Income $747,858 $627,646 +0.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
11
Employees
6
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$3,618
Total Directors
11
$12,618
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
William J Honigford Manager 40.00
$90,048 $37,558 $127,606
Bonnie Miller Secretary/Treas 0.00
Officer Director
$1,290 $0 $1,290
Kevin Kemper Board Member 0.00
Director
$1,200 $0 $1,200
Michael Bowers Board Member 0.00
Director
$1,200 $0 $1,200
Russell Hamilton Board Member 0.00
Director
$1,200 $0 $1,200
Joe Koester Board Member 0.00
Director
$1,200 $0 $1,200
James Altenburger President 0.00
Officer Director
$1,178 $0 $1,178
Gary Wurst Vice President 0.00
Officer Director
$1,150 $0 $1,150
Dale Martin Board Member 0.00
Director
$1,100 $0 $1,100
Mike Landin Board Member 0.00
Director
$1,100 $0 $1,100
Cory Eickholt Board Member 0.00
Director
$1,000 $0 $1,000
Howard Odenweller Board Member 0.00
Director
$1,000 $0 $1,000
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $2,064,242 $1,316,384 $10,539,204 $747,858
2022 $1,921,761 $1,294,115 $9,396,937 $627,646
2020 $1,798,119 $1,201,441 $9,758,919 $596,678
2019 $1,791,537 $1,174,867 $9,126,754 $616,670
2018 $1,691,059 $1,141,678 $8,622,063 $549,381
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