MID-ATLANTIC BROADBAND COMMUNITIES
Data sourced from IRS 990 public filings
MID-ATLANTIC BROADBAND COMMUNITIES CORPORATION THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR SOCIAL WELFARE PURPOSES WITHIN THE MEANING OF SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE, INCLUDING, BUT NOT LIMITED TO PROMOTING ECONOMIC DEVELOPMENT, LESSENING THE BURDENS OF GOVERNMENT, AND REVITALIZING ECONOMICALLY DISTRESSED RURAL AREAS BY CONSTRUCTION AND OPERATING A PUBLICLY FUNDED FIBER-OPTIC NETWORK FOR THE BENEFIT OF THE COMMUNITIES AND CITIZENS OF SOUTHERN VIRGINIA. ADDITIONALLY, THE CORPORATION IS BRIDGING THE DIGITAL DIVIDE IN RURAL AREAS WHERE COMMERCIAL PROVIDERS HAVE NOT FOUND IT TO BE ECONOMICALLY FEASIBLE TO INVEST.
Revenue increased from $19,027,098 in 2023 to $24,498,772 in 2024. Most recent reported revenue: $24,498,772.
Annual Revenue
$24,498,772
Known Funders
0
Grants Received
0
Financial History
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $24,498,772 | $22,317,815 | $183,253,177 |
| 2023 | $19,027,098 | $19,939,323 | $143,369,439 |
| 2022 | $17,476,892 | $18,034,342 | $103,844,542 |
| 2021 | $16,699,414 | $17,743,792 | $87,739,365 |
| 2020 | $16,736,682 | $16,820,656 | $86,074,221 |
| 2019 | $13,896,975 | $15,602,705 | $79,550,883 |
| 2018 | $13,448,533 | $16,254,397 | $76,737,393 |
| 2017 | $13,423,956 | $15,216,513 | $81,470,080 |
Top Funders
No funder data available yet for this nonprofit.
Key Personnel
From 2024 IRS 990 filing
LAUREN MATHENA
HIGHEST CMP
TIMOTHY AGEE
HIGHEST CMP
CHRISTOPHER COLEMAN
HIGHEST CMP
CHRISTOPHER FEWOX
HIGHEST CMP
ERNEST R LAIL
DIRECTOR, CH
DAVID HUDGINS
DIRECTOR
BRYAN DAVID
DIRECTOR
EARVING L BLYTHE
DIRECTOR
DUANE DAHLQUIST
DIRECTOR
MARK D HEATH
DIRECTOR
Showing 10 of 24 key personnel.
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