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Filing year 2024

Palo Cooperative Telephone Association

Palo, Iowa·EIN 42-0793094·12
Total revenue
$1.6M
Total assets
$6.4M
Total expenses
$1.7M
Reported officers
9
Mission

TO PROVIDE TELECOMMUNICATIONS SERVICES TO ITS MEMBERS

Executive compensation

Form 990 · Schedule J · 9 reported individuals · Filing year 2024

Co-general Manager
officer (unspecified)
$136k
$146k
Gm/ceo/coo - End 07/2024
officer (unspecified)
$78k
$84k
Co-general Manager
officer (unspecified)
$76k
$81k
Board President
board president
$3k
$3k
Treasurer
officer (unspecified)
$2k
$2k
Officer of the Board
officer (unspecified)
$2k
$2k
Board-treasurer
officer (unspecified)
$2k
$2k
Board Vice-president
$2k
$2k
Officer/director of the Board
officer (unspecified)
$377
$406

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.

Up 13%
from 2023

From $120k in 2023 to $136k in 2024.

$120k
2023
$136k
2024
In today's dollarsEst.
Up 10% in real terms$133k to $146k

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

Palo Cooperative Telephone Association reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.7M
$1.8M
2023
$1.6M
$1.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
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