Organizations Filed Purposes:
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.
MID-ATLANTIC BROADBAND COMMUNITIES CORPORATION ("MBC") CONDUCTS THE FOLLWING ACTIVITIES WITH RESPECT TO THE FIBER OPTIC NETWORK, OPTICAL TRANSPORT SERVICES, CO-LOCATION SERVICES AND DARK FIBER LEASES. THROUGH OPTICAL TRANSPORT SERVICES, MBC PROVIDES DEDICATED OPTICAL TRANSPORT INTERNET SERVICES TO RURAL UNSERVED AND UNDERSERVED AREAS OF SOUTHERN VIRGININIA. THE OPEN ACCESS FIBER-OPTIC NETWORK PROVIDES ACCESS FOR RURAL VIRGINIA AND PROMOTES ECONOMIC DEVELOPMENT, PRIVATE INVESTMENT AND JOB CREATION. THROUGH CO-LOCATION SERVICES, MBC LEASES RACK SPACE FOR LOCATING NETWORK SERVERS AND ELECTRONIC STORAGE EQUIPMENT TO INTERCONNECT WITH TELECOMMUICATIONS NETWORK PROVIDERS. THROUGH DARK FIBER LEASES, MBC PROVIDES FIBER FREE OF CHARGE TO THE VIRGINIA DEPARTMENT OF TRANSPORTATION FOR GOVERNMENT NEEDS AND IN EXCHANGE FOR RIGHT OF WAY ACCESS. IN SOME SITUATIONS, UNUSED FIBERS MAY BE LEASED TO NETWORK PROVIDERS FOR INTERNET ACCESS TO CERTAIN RURAL AREAS.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
Name | Title | Hours Per Week | Total Salary |
Thomas Deriso | PRESIDENT & | 40 | $356,582 |
Mark Varah | EMPLOYEE | 40 | $261,349 |
David Keller | EMPLOYEE | 40 | $245,602 |
Mark Petty | EMPLOYEE | 40 | $164,312 |
Sarah Miller | EMPLOYEE | 40 | $108,092 |
Phillip Lloyd | SECRETARY/TR | 0 | $96,006 |
Ernest R Lail | DIRECTOR, CH | 0 | $22,165 |
Edward Hodges | DIRECTOR, VI | 0 | $18,525 |
Bob Picchi | DIRECTOR | 0 | $18,044 |
Bryan David | DIRECTOR | 0 | $17,470 |
Duane Dahlquist | DIRECTOR | 0 | $13,758 |
Gary Walker | DIRECTOR | 0 | $13,270 |
Mark D Heath | DIRECTOR | 0 | $13,235 |
Ben Davenport | DIRECTOR | 0 | $12,350 |
David Hudgins | DIRECTOR | 0 | $11,990 |
Charley Majors | DIRECTOR | 0 | $11,755 |
Richard Shumaker | DIRECTOR | 0 | $11,130 |
Earving L Blythe | DIRECTOR | 0 | $11,130 |
Wanda Bostick Jeffress | DIRECTOR | 0 | $3,145 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/201933189349300838_public.xml