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Filing year 2023

FARMERS MUTUAL COOPERATIVE TELEPHONE COMPANY

Moulton, Iowa·EIN 42-0246310·12
Total revenue
$1.6M
Total assets
$16.5M
Total expenses
$1.3M
Reported officers
7
Mission

THE PURPOSE OF THIS CORPORATION IS THE ESTABLISHMENT AND OPERATION OF A MUTUAL COOPERATIVE TELEPHONE SYSTEM AND EXCHANGE.

Executive compensation

Form 990 · Schedule J · 7 reported individuals · Filing year 2023

General Manager
officer (unspecified)
$106k
$117k
Director/president
$825
$911
Director
board member
$825
$911
Director
board member
$825
$911
Director/secretary
officer (unspecified)
$750
$828
Director
board member
$600
$663
Director
board member
$375
$414

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Held steady
from 2022

From $106k in 2022 to $106k in 2023.

$106k
2022
$106k
2023
In today's dollarsEst.
Down 4% in real terms$122k to $117k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

FARMERS MUTUAL COOPERATIVE TELEPHONE COMPANY reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.4M
$1.3M
2022
$1.6M
$1.3M
2023
Total revenue and total expenses from IRS Form 990 filings.
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