RTC Networks 2023 Annual Report

Page 1

Thursday, June 15 4 Bears Event Center

2023 RTC NETWORKS ANNUAL REPORT | PAGE 1 72ND ANNUAL MEETING
2023
RTC Networks Annual Report

OUR VISION

As the technology leader in our region, we live to connect our communities to the world.

OUR MISSION

Connection is an important part of living in rural communities. That’s why at RTC Networks, we’ve created the fastest, most reliable broadband network, supported by the best service in the region so you can always stay connected to what’s important.

2023 ANNUAL MEETING AGENDA WELCOME MEMBERS!

Thursday, June 15 • 4 Bears Event Center

PAGE 2 | 2023 RTC NETWORKS ANNUAL REPORT
Registration and Meal 5 - 6:30 p.m. Meeting .......................................................................................................... 6:30 p.m. The National Anthem Call to Order Jeanette Hoff Invocation Recognition of Military Personnel..................................................... Jeanette Hoff Recognition of Guests and Board Introduction ............................. Jeanette Hoff Reading of Meeting Notice and Proof of Mailing Jennifer Sorenson Approval of Minutes Jeanette Hoff Nominating Committee Report ......................................................... Cliff Tollefson Introduction of Candidates ................................................................ Jeanette Hoff Election of Directors Jeanette Hoff Discussion of Bylaw Change Alicia Brenna Drawing For Prizes Audit Report ........................................................................................... Jon Lee, CPA President’s & CEO/General Manager’s Report Jeanette Hoff & Shane Hart Drawing For Prizes Unfinished Business ............................................................................ Jeanette Hoff New Business ....................................................................................... Jeanette Hoff Grand Prize Drawing Adjournment Jeanette Hoff

RTC NETWORKS OFFICERS & DIRECTORS

2023 RTC NETWORKS ANNUAL REPORT | PAGE 3
John McElwain Director - District 5 Douglas, Max, Roseglen, Ryder Barb Steinmetz Director - District 6 Emmet, Garrison Alicia Brenna Attorney Wayne Skarda Vice President - District 1A Alexander, Arnegard, Keene, Homesteaders Gap, Watford City Terry Wilber Director - District 2B Mandaree, New Town, Ross Amy Ones Director - District 3 Kenmare, Norma, Spencer Jeanette Hoff President - District 4 Parshall, Plaza Jared Eagle Director - District 2A Mandaree, New Town, Ross Jennifer Sorenson Secretary/Treasurer - District 1B Alexander, Arnegard, Keene, Homesteaders Gap, Watford City

RTC NETWORKS 71st ANNUAL MEETING MINUTES

The 71st Annual Meeting of Reservation Telephone Cooperative doing business as RTC Networks was held on Thursday, June 9, 2022 at 6:30pm. The meal was provided by the 4 Bears Event Center staff and registration was held from 5:00 p.m. to 6:30 p.m. Daniel Johnson played the National Anthem.

President Jeanette Hoff called the meeting to order. Mr. Wayne Johnson gave the invocation.

President Hoff appointed Human Resources Manager Gretchen Edwards as Recording Secretary and RTC Networks Attorney Alicia Brenna as Parliamentarian of the meeting. President Hoff announced there were 155 members registered and there was a quorum.

President Hoff introduced the Board of Directors, Attorney Alicia Brenna, CEO/GM Shane Hart and Chief Financial Officer Jon Lee. Special guests attending were also introduced.

A motion was made and seconded to dispense with the reading of the Notice of the 2022 Annual Meeting and Proof of Mailing. M/C

A motion was made and seconded to dispense with the reading of the 2021 70th Annual Meeting Minutes and to approve as per copy in the Annual Meeting book. M/C

A motion was made and seconded to dispense with the reading of the 2022 Nominating Committee minutes and to approve as per copy in the Annual Meeting book. M/C

Secretary-Treasurer Jennifer Sorenson presented the candidates for director districts. Candidate for District 1A is Wayne Skarda. Candidate for District 4 is Jeanette Hoff. Candidate for District 6 is Barbara Steinmetz. All candidates are running unopposed.

A motion was made and seconded to cast a unanimous ballot for Wayne Skarda for District 1A, Jeanette Hoff for District 4 and Barbara Steinmetz for District 6. M/C

Secretary-Treasurer Sorenson introduced RTC Networks employee Dar Huus and asked her to kick off the drawings for door prizes.

President Hoff introduced Chief Financial Officer Jon Lee.

CFO Lee presented the audit report. CFO Lee stated auditor Moss Adams gave RTC Networks a clean, unmodified audit opinion for 2021.

CFO Lee reported RTC Networks generated over $47 million in revenue last year. Net margins for 2021 totaled $12,756,574 and assets rose to more than $167 million.

In summary, CFO Lee stated 2021 was another successful year for RTC Networks.

A motion was made and seconded to approve the 2021 Audit Report as presented. M/C

President Hoff and CEO/GM Shane Hart gave a joint report.

CEO/GM Hart welcomed members and stated things at RTC Networks are moving fast and the cooperative had another very successful year.

President Hoff reported the purchase of Midstate Telephone Company and Midstate Communications was completed on December 31, 2021. Our service area has increased by almost 40% and now covers 11% of the state of North Dakota in square miles.

CEO/GM Hart spoke about working diligently to integrate the telephone switch platforms, internet access and transport technologies, plant records, billing and accounting systems into one common network of systems.

PAGE 4 | 2023 RTC NETWORKS ANNUAL REPORT

President Hoff stated our goal is to get fiber to each home and business across all of our service area. The only areas with no fiber are some of the cabin sites. We continue to evaluate areas needing access and making necessary investments as we are financially able to do so.

CEO/GM Hart reported that RTC Networks fiber-based service allows for extremely fast internet of up to 1 Gig at homes or 10 Gig for businesses. Also available to all RTC Networks members, is an app which protects devices from both viruses and malware as well as controlling your home wi-fi.

President Hoff reported that the Board of Directors approved a general capital credit retirement for service years 1993, 1994, and 1995 which totaled just over $2.1 million.

CEO/GM Hart reported that part of the retirement of capital credits requires RTC Networks to have each member’s tax ID number for issuing 1099s. Please make sure to update your information with RTC Networks to ensure you receive all capital credits due to you.

President Hoff reported the RTC Networks Board of Directors increased the opportunities for college scholarships to students in our local communities. This year 29 college scholarships were awarded, totaling $39,500. The scholarship recipients are listed in our annual meeting book.

President Hoff and CEO Hart thanked Daniel Johnson for playing the national anthem, Wayne Johnson for the invocation and the 4 Bears Event Center staff for their work preparing the venue and meal. President Hoff thanked her fellow board members for their support and service as directors of RTC Networks.

CEO/GM Hart recognized and thanked the employees that work at RTC Networks every day and directed members to the annual meeting book to see the employees that serve them.

President Hoff thanked the member/owners for their patronage and their collaboration with the employees and directors to work towards the same goal of success as a cooperative.

There were drawings for door prizes.

President Hoff called for unfinished business. There was none.

President Hoff called for new business. There was a question regarding discounted internet service for snowbirds.

There was a drawing for the Grand prize, a trip to Medora. There was a motion and second to adjourn. President Hoff adjourned the meeting.

Respectfully submitted,

2023 RTC NETWORKS ANNUAL REPORT | PAGE 5

2023 RTC NETWORKS NOMINATION COMMITTEE MEETING MINUTES

The Nominating Committee met Wednesday, March 22, 2023 at 2:00 p.m. through a conference call.

Members present were:

Bonnie Billadeau

Stephen Hannegrefs

Jerry Essler

Linda Hovda

Cliff Tollefson

Jamie Livingston

Carol Kieson

Sue Best

CEO/GM Shane Hart and HR Manager Gretchen Edwards were also in attendance.

CEO/GM Shane Hart introduced himself to the committee members.

CEO/GM Hart asked Cliff Tollefson to act as Chairperson.

HR Manager Gretchen Edwards introduced herself and the committee members.

Motion by Hannegrefs, seconded by Kieson to nominate Gretchen Edwards, RTC Networks HR Manager as Recording Secretary. M/C

The Nominating Committee reviewed the packet they were given including the Notice of Meeting and RTC bylaws regarding director nomination.

The Nominating Committee received three signed Certification of Nominee forms completed by Jennifer Sorenson-1B, Terry Wilber2B and Lance Kalmbach-3. No other Certification of Nominee forms were received by committee members or at the RTC Networks office.

Motion by Best, seconded by Billadeau to nominate Jennifer Sorenson for District 1B. M/C

Motion by Billadeau, seconded by Hannegrefs to nominate Terry Wilber for District 2B. M/C

Motion by Livingston, seconded by Essler to nominate Lance Kalmbach for District 3. M/C

It is the recommendation of the Nominating Committee to have the paper ballots, alternated 50/50 with each candidate’s name at the top of the ballot, if there is a contested election.

Motion by Hannegrefs, seconded by Billadeau to alternate 50/50 with each candidate’s name at the top of the ballot, if there is a contested election. M/C

Discussion about committee members being available to count ballots if they are in attendance at the annual meeting, which will be on Thursday, June 15 at the Four Bears Event Center in New Town. Chairman Tollefson agreed to read the Minutes of the Nominating Committee Meeting at the Annual Meeting, if needed.

CEO/GM Shane Hart discussed what is happening at RTC Networks.

Chairman Tollefson called for any other business.

Motion and second to adjourn. M/C

Meeting adjourned.

Respectfully submitted,

PAGE 6

72ND ANNUAL MEETING DIRECTOR CANDIDATES

Jennifer Sorenson

DISTRICT 1B CANDIDATE

Alexander, Arnegard, Keene, Homesteaders Gap, Watford City

Jennifer Sorenson has served on the RTC Board of Directors for 15 years. She and her husband Curtis farm and ranch five miles south of Watford City. Jennifer graduated from Watford City High School and North Dakota State School of Science. Jennifer and Curtis’ son Jarvis, his wife Kadie, and their three children join them as 4th and 5th generation on the family ranch. Their daughter Erin, husband Tim Fjeldahl and three children also live in Watford City. Jennifer enjoys keeping up with her grandchildren’s activities and traveling. Jennifer is a member of District One Cattlewomen. She is serving on the First Lutheran Church council and enjoys volunteering and being active in the community.

Terry Wilber

DISTRICT 2B CANDIDATE

Mandaree, New Town, Ross

Terry Wilber has served on the RTC Board of Directors for 24 years from District 2B. Terry is a past president of the RTC Board of Directors. Terry was employed by Northrop Grumman in New Town and retired after 32 years, with over 28 years as the Plant Manager. He graduated from New Town High School and Dickinson State University with a degree in Business Administration.

Terry is currently involved in a variety of organizations including the New Town Health Support, Van Hook Cemetery Association and the Bethel Lutheran Church. Terry was involved in the startup and initial operation of TJMD, LLP, which performs various oilfield services. Terry has been married to Marcia since 1974 and they have three children: Dana, Mike and Jesse; and ten grandchildren. When time allows, Terry enjoys yard work, hunting, fishing, golfing and getting involved in projects that provide business development and employment opportunities in the area.

Lance Kalmbach

DISTRICT 3 CANDIDATE

Kenmare, Norma, Spencer

Lance was born and raised on a farm and graduated from Flaxton High School. He started in the grain elevator business out of high school and currently works as Operations Manager for CHS SunPrairie in Bowbells. Lance and his wife Jane have lived in Kenmare since 1991 and have two grown children and one grandson, Sam, his wife Kelsey and son Kit, live in Weyburn, Saskatchewan and Sarah who lives in Moorhead, MN. Lance currently serves on the transportation committee of the North Dakota Grain Dealers Association and is also on the board of the Kenmare Housing Authority to the city of Kenmare. Some of his hobbies include hunting, fishing, camping and just spending time with friends and family.

2023 RTC NETWORKS ANNUAL REPORT | PAGE 7

ADVANCING TECHNOLOGY & RTC NETWORKS President and CEO Report

Greetings RTC Networks community and welcome to your 72nd Annual Meeting!

It is an extraordinary time in our nation’s history in regards to rural broadband internet. The COVID-19 pandemic brought to light how important robust, reliable broadband is to our nation. We learned that broadband internet is an absolute necessity for people to work remotely, learn remotely, seek medical care

remotely and to transact commerce remotely. The necessity of broadband internet, for day-to-day life during the pandemic, called attention to the fact that there are several areas throughout the country that lack reliable, robust broadband. Even in ND, a state considered one of the most connected in the nation, we recognized that there are underserved areas that lack broadband services!

RTC Networks has spent much time over the last year in a concerted effort with other Broadband Association of North Dakota (BAND) members, to ensure everyone across our state has access to high speed internet. This work included a significant amount of communication with our state legislators, the State Information Technology Department (ITD), and the Governor to gain access to federal funds given to each state to build broadband to those who are unserved or underserved.

To address the broadband inconsistencies across the nation, over the last couple of years the federal government has awarded several billion dollars in grants and low interest loans to companies who are building, and will build, broadband infrastructure to unserved and underserved areas of the country. Moving forward, more funds will be available through various programs such as: American Rescue Plan Act (ARPA), and the Broadband Equity, Access and Deployment Program (BEAD). These programs are in addition to the traditional programs RTC Networks has used through USDA’s Rural Utility Service Program.

Last year, we told you that RTC Networks was awarded grant funding from the United States Department of

Agriculture (USDA) to build broadband infrastructure to underserved areas outside of our traditional service area. We are excited to announce that we have been awarded another grant to provide broadband infrastructure to additional underserved areas in Richland and Wibaux County, MT including the community of Wibaux, MT. Additionally, the RTC Networks Board of Directors has authorized an investment to build broadband infrastructure in the city of Fairview, MT. These investments will add over 1,000 subscribers to our service area, making RTC Networks even stronger!

In 2022, RTC Networks worked with other broadband services providers, to advocate for continued federal Universal Service Fund (USF) support of these networks long after they are built. USF support is vital for the continued maintenance and operation of the fiber and electronics necessary to make these networks work! Without USF support, there would be a degradation in the network over time. Continued USF support is extremely important to RTC Networks in order for us to maintain our network!

RTC Networks is always looking for ways to improve its products and services offerings. For example, we are proud to now offer a new cloudbased phone system to our business customers. This new product offers several new features including an app individuals can use on their mobile devices to make their desk landline phones completely accessible from anywhere at any time! We are also excited to offer a Voice Over Internet Protocol (VOIP) landline telephone service to customers’ homes. This VOIP service offers the same quality of service our subscribers are used

PAGE 8 | 2023 RTC NETWORKS ANNUAL REPORT
Shane Hart CEO/General Manager Jeanette Hoff President, RTC Networks Board of Directors

to, at a lower cost! Please call one of our friendly, knowledgeable, helpful customer service representatives to learn more about these new offerings!

In other exciting news, the RTC Networks Board of Directors has voted to retire over $1.8 million in a general capital credit retirement for those who received service from RTC Networks in 1996 and 1997. These dollars are a direct benefit from doing business with your cooperative.

BROADBAND GROWTH

In closing, we offer congratulations to the employees listed on the back cover of this booklet for their service milestones to RTC Networks. We also extend a sincere “thank you” to all the employees on pages 16 to 19 for the talents they share each and every day. Their daily efforts in delivering the best service possible to each memberowner is what drives RTC Networks’ success! Last but not least, thank you for your continued loyalty and support of RTC Networks.

We look forward to serving you over the next year!

CUSTOMERS BY SPEED

2017 2018 2019 2020 2021 2022 0 3,000 6,000 9,000 12,000 15,000 NUMBER OF CUSTOMERS 2017 2018 2019 2020 2021 2022 0 3,000 6,000 9,000 12,000 15,000 NUMBER OF CUSTOMERS
% OF
OTHER 100X100 500X500 1000X1000 75% 11% 11% 3% OTHER 100X100 500X500 1000X1000 75% 11% 11% 3% OTHER 100X100 500X500 1000X1000 75% 11% 11% 3% 500X500 1000X1000 11% 11% 75% 11% 11% 3%
BROADBAND
2023 RTC NETWORKS ANNUAL REPORT | PAGE 9

RTC NETWORKS REVENUES & EXPENSES

AUDIT STATEMENT

In our opinion, the accompanying consolidated financial statements present fairly, in all material respects, the financial position of Reservation Telephone Cooperative and its subsidiaries as of December 31, 2022 and 2021, and the results of its operations and its cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America.

PAGE 10 | 2023 RTC NETWORKS ANNUAL REPORT 2022 2021
— Moss Adams, LLP
OPERATING REVENUES Local Customer Services 4,636,569 3,897,966 Intercarrier Services 10,338,582 7,347,617 Universal Service and High Cost Support 19,035,870 15,664,494 Television Revenue 4,625,775 4,420,340 Internet Revenue 14,202,922 11,765,349 Miscellaneous Revenue 4,235,557 3,940,550 TOTAL OPERATING REVENUES 57,075,275 47,036,316 OPERATING EXPENSES Plant 13,047,543 9,283,093 Depreciation 11,282,644 9,806,748 Customer and Corporate 5,687,129 4,791,833 Other Operating Taxes 93,548 76,754 Non-regulated Expenses 13,638,220 12,866,390 TOTAL OPERATING EXPENSES 43,749,084 36,824,818 OPERATING MARGIN 13,326,191 10,211,498 NET NON-OPERATING INCOME 523,028 4,431,283 NET MARGIN BEFORE INTEREST AND INCOME TAXES 13,849,219 14,642,781 Interest on Long-term Debt 2,224,301 1,744,585 Income Taxes 778,055 141,622 NET MARGINS 10,846,863 12,756,574 STATEMENT OF PATRONAGE CAPITAL Patronage Capital - Beginning of Year 81,465,512 71,225,841 Net Margins for Period 10,846,863 12,756,574 Federal Excise Tax Refund to Patrons Retirement of Capital Credits (2,227,783) (2,516,903) Patronage Capital - End of Year 90,084,592 81,465,512

RTC NETWORKS ASSETS & LIABILITIES

2023 RTC NETWORKS ANNUAL REPORT | PAGE 11
2022 2021 ASSETS (What We Own) Cash 14,449,403 11,688,768 Receivables 4,388,484 3,448,710 Materials and Supplies 8,407,138 6,536,194 Equity Securities 9,772,404 10,000,000 Prepayments 1,097,899 1,082,671 TOTAL CURRENT ASSETS 38,115,328 32,756,343 Long-term Investments 10,959,164 10,574,130 Other Noncurrent Assets 897,141 1,228,213 TOTAL INVESTMENTS 11,856,305 11,802,343 Total Telephone Plant 238,459,312 227,893,203 Depreciation (114,409,574) (105,123,793) NET TELEPHONE PLANT 124,049,738 122,769,410 TOTAL ASSETS 174,021,371 167,328,096 LIABILITIES (What We Owe) Accounts Payable 6,239,181 5,262,796 Other Current Liabilities 1,343,795 812,949 Current Portion of Debt 8,074,293 5,627,672 TOTAL CURRENT LIABILITIES 15,657,269 11,703,417 Long-term Debt 64,251,206 73,580,262 Deferred Credits 4,028,304 578,905 Patronage Capital 90,084,592 81,465,512 TOTAL LIABILITIES AND CAPITAL 174,021,371 167,328,096 $3,000,000 $6,000,000 $9,000,000 $12,000,000 $15,000,000 2022 2021 2020 2019 2018 2017
MARGIN
NET

DEBT VS EQUITY

EQUITY RATIO

PAGE 12 | 2023 RTC NETWORKS ANNUAL REPORT
EQUITY TOTAL DEBT $20,000,000 $40,000,000 $60,000,000 $80,000,000 $100,000,000 Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1 2017 2018 2019 2020 2021 2022 10% 20% 30% 40% 50% 60% Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1 Q4 Q3 Q2 Q1 2017 2018 2019 2020 2021 2022
THE FUTURE OF INTERNET IS HERE. Internet service from RTC Networks gives you unlimited data usage at the fastest and most reliable speeds available. With speeds like 1 Gig, you and your family can work, play, and stream simultaneously without interruption. Our mission is to give you the best internet experience possible–which is why we promise to never throttle your speed. Experience the future of internet, today. Visit myRTCnetworks.com or call 701.862.3115 to upgrade to lightning-fast 1 Gig internet. And remember, Wi-Fi is included with all residential internet service! Scan the QR code learn more about 1 Gig! PO Box 68, Parshall, ND 58770-0068 Questions? Call us at 701.862.3115 As the technology leader in our region, we live to connect our communities to the world. the future of internet, today.

SCHOLARSHIP WINNERS

Congratulations to all 34 of our 2023 scholarship winners! We wish you the best as you start your new adventure. Juniors, keep an eye out for next year’s applications at myrtcnetworks.com/scholarships.

Parshall High School Yale University

PAGE 14 | 2023 RTC NETWORKS ANNUAL REPORT $2,500 $1,500 $1,000 Derrick
Kenmare
School
Aaron
Johnson
Christian
Ava Froseth Kenmare
Minnesota
Community
Calum
Handeland
High
Bismarck State College Rainbow Perkins Parshall High School University of Kansas
Cutshall
Corners
Academy Valley City State University
High School
State
and Technical College Ava Schuster Stanley High School University of North Dakota
Sorenson Stanley High School North Dakota State University Charlee Schenfisch North Shore Plaza High School University of North Dakota Karli Klein Garrison High School Northern State University Emily Fannik
Max High School North Dakota State University
Nevaeh Thiers
Watford City High School North Dakota State College of Science Erick Talbott
Max High School Minot State University Tyson Odermann
RTC NETWORKS CLASS OF 2023
$1,000 Dalaney Ruhland Max High School University of North Dakota Chloe Gullikson Fairview High School Carroll College Jazmyn Kallberg Garrison High School Minnesota State University Moorhead Kate Zimmer Kenmare High School Bismarck State College McKenzie Hauf Max High School University of North Dakota Samara Hofer Fairview High School Miami University Kayleigh Haaland Magic City Campus University of North Dakota Samantha Turnquist Alexander High School North Dakota State University Diontrea Anderson Kenmare High North Dakota State University Colt Spotted Bear New Town High School University of Mary Josie Westman Garrison High School Dakota College at Bottineau Kayden Fourbear Parshall High School Fort Lewis College Raylene Driver Parshall High School North Dakota State University Tyler Leiseth Watford City High School North Dakota State University Kaylee Bear New Town High School University of Minnesota - Twin Cities Reagan Hermanson Stanley High School Grand Canyon University Gracen Breitbach Watford City High School Bethany Lutheran College Connor Kerzmann Garrison High School Bismarck State College Justin Burud Kenmare Public School Bismarck State College Hadley DeTienne Stanley High School Montana State University Coryssa Behles Garrison High School North Dakota State University Kaitlyn Zook Garrison High School Bismarck State College

RTC NETWORKS OUR TEAM

Drew Carlson Fiber Splicer Coordinator Brian Deutsch Combination Tech Malcolm Bruce Jr Utility Tech Coordinator Kelly Cooper Combination Tech Mike Campbell Technology Specialist Jack Demke Fiber Splicer Tyler Carter Fiber Splicer Colin Dorman Technology Specialist Vanessa Clemmensen Data Network Tech I Monica Bangen CSR II Chad Betz Outside Plant Manager-East Jason Bauer Data Network Tech III Bob Blunck Video Tech II Jarett Bauer Combination Tech Coordinator Derek Binstock Combination Tech Morgan Bauer Data Network Tech I Gena Blunck CSR II Provisioning Coordinator Gary Beagles Utility Tech Rodney Bennett Combination Tech Conner Borud Combination Tech Madison Coffman CSR II Melissa Bristol CSR II Brady Bratvold Combination Tech Jerry Brien Utility Tech Brenda Brown CSR II
PAGE 16 | 2023 RTC NETWORKS ANNUAL REPORT
2023 RTC NETWORKS ANNUAL REPORT | PAGE 17
Lori Johnson CSR II Maggi Johnson CSR I Amy Keeling Data Network Tech I Holly Kaiser CSR II Jason Dupay Combination Tech Coordinator Dar Huus Marketing Rep Bernadean Howell CSR II Lori Huus CSR II Eric Jaeger Tech Specialist Coordinator Patrick Fitzgerald Field Engineer David Fransen Utility Tech Kaleb Fowler Combination Tech Brooks Goodall COO/Asst. General Manager Mark Hannesson Data Network Tech I Debbie Hansen CSR II Coordinator Shane Hart CEO/General Manager Stephanie Hayden CSR II Lead Justine Homiston Right Of Way Specialist Timothy Jarski Construction Manager-East Daniel Jarski Combination Tech Cory Johnson Outside Plant Manager-West Daryl Johnson Technology Specialist Felicia Jarski CABS Specialist Jon Hansen Field Engineer Matthew Dupay Combination Tech Edwin Elkins Utility Tech Gretchen Edwards Human Resource Manager Justin Engg Utility Tech Teresa Elton Accounting Specialist I Karen Huber CSR II
PAGE 18 | 2023 RTC NETWORKS ANNUAL REPORT
John Rodgers Utility Tech Michelle Rogers CSR II Eric Ross Data Network Tech I Rona Roggenbuck CSR II Mary Nielsen Right Of Way Specialist Leslie Nelson CSR II Scot Ness Combination Tech Haley Nolby CSR II Stanton Ogletree Combination Tech Daniel Leppell Data Network Tech I Brock Lynne Accounting Specialist III Erik Linseth Combination Tech Lead Cassie Maki Combination Tech Jessie Many Ribs Fiber Splicer Kaydin Meiers Combination Tech Weston Mincer Fiber Splicer Ciara Mercado Accounting Specialist I Belden Moberg Technology Specialist Tibbs Moore Combination Tech Alex Quale Data Network Tech I Vicki Olson CSR II Erik Rensch Utility Tech Joshua Rockeman Cable Locator Diana Pokrzywinski Account Executive Jared Kohanes Combination Tech Gregory Korgel Technology Specialist Brenda Kok CSR I Coordinator Jon Lee Chief Financial Officer Nathan Lahtinen Data Network Tech I Samantha Kienholz Purchasing Agent
2023 RTC NETWORKS ANNUAL REPORT | PAGE 19
Derek Woods Data Network Tech I Jeremy Zacher Utility Tech Ken Ross Cable Locator Payton Two Crow Utility Tech Scott Torgerson Accounting Specialist Ii Dexter Two Crow Utility Tech David Uhlich Construction Manager-West James Vaagen Combination Tech Mary Severance Accounting Specialist III Coordinator Shannon Stafslien Marketing Manager Jeff Shobe Combination Tech Patrick Staples Grounds/Building Maintenance Tech Keegan Swanson Technology Specialist Chad Talbott Data Network Tech III Coordinator Will Thelen Combination Tech Lead Craig Talbott Utility Tech Eric Thompson Combination Tech Ryan Thompson Combination Tech Coordinator Chance Westgard Mapping Tech Elliott Waldock Technology Specialist Shea Westgard CSR I Jamall Wold Combination Tech Coordinator Kristy Weber Cable Locator Joy Ruud Purchasing Agent Coordinator Jordan Schaubert Combination Tech Ronald Sanderson Cable Locator Lisa Schenfisch Customer Service Manager Aaron Schenfisch Utility Tech

The following RTC Networks employees have been recognized for their number of years of service to the cooperative as of the year ending in 2022.

1 YEAR

Brady Bratvold

Jack Demke

Kaydin Meiers

Michelle Rogers

5 YEARS

Rodney Bennett

Vanessa Clemmensen

Dan Jarski

Will Thelen

Elliott Waldock

10 YEARS

Jason Bauer

Drew Carlson

Rona Roggenbuck

Eric Ross

15 YEARS

Jarett Bauer

Felicia Jarski

Leslie Nelson

Vicki Olson

20 YEARS

Jeanette Hoff

Lori Huus

Mary Severance

25 YEARS

Tim Jarski

John Rodgers

Retirement

Joy Braaflat

www.myRTCNetworks.com

Headquarters: 24 Main St N, Parshall, ND 58770

PAGE 20 | 2023 RTC NETWORKS ANNUAL REPORT

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