the NETWORK the NETWORK November 2011 Vol. 2 No. 11 November 2011 Vol. 2 No. 11 What’s Inside: • JVT Pays Gross Receipts JVT Pays Gross Receipts • New Music Channels One of the benefits of doing business with JVT is that the company provides support to your local school districts through a variety of sponsorships and donations, and through the payment of gross receipts taxes. • Get NFL RedZone Each year your cooperative pays gross receipts taxes on all the revenue that the company collects. These taxes are then distributed to the school districts in each of the counties where the revenue was generated. And much more… In 2010, JVT paid a total of $418,623 to thirteen area school districts. Getting the Network NEW MEMBERS DIRECTORY New Members Bierman Jarod & Sarah Brick Ryan Daly Adrian & Amber Henjum Matt Lillis Michael & Julie Melendez Anthony & Tami Napton Darrell Olson Merlyn Paulson Andy & Kara Mansfield Mellette Groton Conde Columbia Frederick Frederick Groton Andover 887-3810 887-3595 397-2004 382-5301 396-2605 329-2244 329-2076 397-2106 397-2466 in your mailbox is great, but why not also get it in your inbox! Sign up for JVT’s - send an email to marketing@ jamesvalley.com to request being added to the list. jamesvalley.com When making decisions about your telecommunications purchases, take into consideration whether the company is a local entity such as JVT who provides monetary support each year to the schools in its service area, or whether it is in fact a national or regional company who does not provide such tax payouts. Shopping local pays! The total for each school district includes: School District Aberdeen Frederick Area Britton-Hecla Edmunds Central Doland Clark Webster Faulkton Groton Area Langford Northwestern Area Redfield Warner Total $232,078 $13,764 $14,640 $101 $12,852 $868 $863 $88 $98,425 $6,111 $29,057 $7,131 $2,645 the NETWORK Calling For Cash JVT Sends Out Capital Credits Checks This fall James Valley Telecommunications sponsored Calling for Cash contests at area football games. One of the greatest benefits of being a member of a cooperative is the allocation and payment of capital credits. Any fan attending the game could sign up their cell phone number for the chance to win $50! One number was drawn and called. If the owner answered, they won $50 cash. JVT also provided a donation to each school who hosted a contest. Because JVT is a cooperative, any income above JVT’s expenses is allocated back to the patrons based on the percentage of business that each customer does with the co-op. Pictured below are Calling for Cash winners Chelsey Plamp (Frederick), Janet Wanttie (Roncalli) and Kandace Stickler (Doland). Congrats to the winners! Each year JVT members receive a notice of capital credits they earned during the previous year. This year the notice was sent in September, informing you of the capital credits you earned during 2010 and what your accrued balance was for the unretired years you have taken service. In October of each year, JVT conducts a board approved capital credit retirement for a portion of the total accrued balance. Your membership in JVT and your services purchased from JVT are the reasons you are receiving the enclosed check. This year’s check is payment for accrued patronage with JVT at the following percentages for the years listed: • 2010 – 10% of accrued balance • 1998 – 15% of accrued balance Listen to the New Music Channels In November JVT’s music channels will change giving you more channels with more diverse music genres. Channels include Hard Rock, Hot Country, Big Band, The Spa, The Light, Dance Clubbin’, Everything 80’s, Latino Tropical and many more. There will be 50 channels total compared to 45 now. We will publish a full music channel lineup in the December issue of the Network. The new channels feature a slideshow and song information throughout each song so you always know who and what you’re listening to. So this holiday season, tune to one of your favorites! To add cable TV dial 611 today! Capital credit retirements reduce the cost of your JVT services. Every year that JVT is profitable, each JVT member receives an allocation of profits based on the amount they paid for services in the prior year. This effectively makes your cellphone, local dial tone, long distance, video, and Internet rates lower than what your monthly billing indicates. The more business you do with JVT, the more money you will receive back as capital credits. JVT’s office will be closed Thursday, November 24, for Thanksgiving. Have a safe and happy Thanksgiving! Don’t Miss a Touchdown with NFL RedZone This Thanksgiving you can make your turkey dinner and still see every NFL touchdown! NFL RedZone, produced by NFL Network, whips around every NFL game on Sunday afternoons delivering the touchdowns and most exciting moments as they happen. Social Networking When a team goes inside the 20-yard line, NFL RedZone takes fans there. The channel keeps fans up-to-date in real time, switching from game to game with live look-ins, highlights and a chance to see the key plays. Hosted by NFL Network’s Scott Hanson, NFL RedZone delivers more than just live game action. Watch NFL RedZone channel for up-to-the-minute fantasy stats, extended highlights, and much more. Add NFL RedZone and NFL Sundays will never be the same! Dial 611 now to add NFL RedZone today for only $34.95 for the entire season! RedZone not available in all areas. jamesvalley.com Stay in touch with JVT, check us out on Facebook & Twitter! Store Hours: Mon.-Fri. 8am-5pm 235 E. 1st Ave. • PO Box 260 • Groton, SD 57445 605.397.2323 • jamesvalley.com JVT Instant ACCESS theNETWORK
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