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NEW HOPE TELEPHONE COOPERATIVE

NEW HOPE, Virginia, 24469

EIN: 30-0316192

Public, Society Benefit - Multipurpose and Other

DEMOGRAPHIC

ADDRESS
PO BOX 66
24469
COUNTY
augusta county, VA
IN CARE OF NAME
THE COOPERATIVE

ORGANIZATIONAL OVERVIEW & RANKINGS

NEW HOPE TELEPHONE COOPERATIVE is a based in NEW HOPE, VA, focused on Public, Society Benefit - Multipurpose and Other causes , specifically Telephone, Telegraph and Telecommunication Services. Established in July 2023, it operates as an independent corporation and contributions are not tax-deductible .

With total assets of $10,352,910.00, this ranks 57,239 among 2,656,690 nonprofits nationally (Top 3%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 1,512 out of 73,265 organizations in VA (Top 3%).

In augusta county, VA, the organization ranks 5 out of 328 nonprofits by assets (Top 2%), while locally in new hope, it stands at 1 among 6 organizations (Top 1%).

The organization reported annual revenue of $2,030,457.00, ranking 84,210 nationally (Top 4%) and 2,382 in VA (Top 4%).

Within its specific NTEE classification (W50 - W: Public, Society Benefit - Multipurpose and Other), which includes 202 similar organizations, NEW HOPE TELEPHONE COOPERATIVE ranks 13 in assets (Top 6%) and 19 in revenue (Top 9%).

The organization files a 990 (all other) or 990EZ return and operates on a September fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
2: Contributions are not deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
Mutual Cooperative Telephone Co.
ACTIVITY CODES
N/A
NTEE COMMON CODE
W: Public, Society Benefit - Multipurpose and Other
NTEE CODE
W50: Telephone, Telegraph and Telecommunication Services
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
10/2023
ACCOUNTING PERIOD
10
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$2,042,884.00
FORM 990 REVENUE AMOUNT
$2,030,457.00
RULING DATE
07/2023
ASSET CODE
8: $10,000,000 to $49,999,999
ASSET AMOUNT
$10,352,910.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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