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LOCAL TELEPHONE COMPANY

ANNUAL REPORT

OFTHE

RECEIVED^".^:3C^o

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^iniT^rTir^^

NAME Yelcot Video Group, Inc(Here show in full the exact corporate, firm or individual name of the respondent)

LOCATED AT 207 East 4th Street, Mountain Home, AR 72653(Here give the location, including street and number of the respondent's main business office within the State)

COMPANY # 3336(Here give the APSC-assigned company number)

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TOTHE

ARKANSAS PUBLIC SERVICE COMMISSION

COVERING ALL OPERATIONS

FOR THE YEAR ENDING DECEMBER 31,2019

REPORT TO ARKANSAS PUBLIC SERVICE COMMISSION

LETTER OF TRANSMITTAL

To: Arkansas Public Service CommissionPost Office Box 400Little Rock, Arkansas 72203-0400

YelcotVideo Group, IncSubmitted herewith is the annual report covering the operation of(Company)

of 207 East 4th Street, Mountain Home, AR 72653 for the year ending December 31 , 2019. This report is submitted in(Location)

accordance with Section 51 ofAct 324 ofthe 1935 Acts ofArkansas.The following report has been carefully examined by me, and 1 have executed the verification given below.

/ ^^^A4v'(aignature)

Vice President - Finance(Title)

VERIFICATION

STATE OF

COUNTYOF

I, the undersigned,

ss.

Aaron Millsap, Vice President Finance ofthe

Yelcot Video Group, Inc(Name and Title)

, on my oath do say that the following report has(Company)

been prepared under my direction from the original books, papers, and records of said utility: that1havecarefully examined the same, and declare the same a complete and correct statement of the business andaffairs of said utility in respect to each and every matter and thing set forth, to the best of my knowledge,information, and belief; and 1 further say that no deductions were made before stating the gross revenues, andthat accounts and figures contained in the foregoing statements embrace all of the financial transactions for the

period in this report.

^j^J^rc_(Signature)

Subscribed anfi sworn to before me this

dayof ^^>rULC^-yf , ZJOI^QMy Commission Expires

w^r t^-2cl-20^^

.LESUENCOANJETMYOO»I^ON#y»47414

EEXPIW|8:44WW8BudwCounty (aignature ot NOtary)

LEC-1


GENERAL INSTRUCTIONS, DEFINITIONS, ETC.

Two (2) copiesofthisreport, properlyfilled outandverifiedshall befiled withthe Utility Division oftheArkansasPublic ServiceCommission, LittleRock,

Arkansas, on or before the 31 st day of March following the close of the calendar year for which the report is made,

The word "respondent" in the following inquiries means the person, firm, association or company in whose behalf the report is made.

If any schedule does not apply to the respondent, such fact should be shown on the schedule by the words "not applicable."

4 Exceptin caseswheretheyareespeciallyauthorized,cancellations,arbitrarycheck marks, andthelike mustnot beusedeitheras partialor entireanswers

to inquiries.

5 Reportsshouldbemadeoutbymeanswhichresultinapermanentrecord. Thecopyinall casesshall bemadeoutin permanentblackinkor with permanentblack typewriter ribbon. Entries ofa contraryor oppositecharacter(such asdecreasesreportedin acolumn providingfor bothincreasesanddecreases)

should be shown in red ink or enclosed in parentheses.

5 This report will be scanned in. Please bind with clips only.

7 Answers to inquiries containedin the following forms must be complete. No answerwill be acceptedas satisfactorywhichattemptsbyreferencetoany

paper,document,or return of previousyears or otherreports, otherthanthe presentreport.to make the paperor documentor portionthereofthus referred to a

part of the answer without setting it out. Each report must be complete within itself.

Incaseswheretheschedulesprovidedin thisreportdonotcontainsufficientspaceor theinformationcalledfor, orif itis otherwisenecessaryordesirable,

additionalstatementsorschedulesmay beinsertedforthepurposeoffurtherexplanationofaccountsorschedules. Theyshouldbelegibly madeon paperofdurable quality and should conform with this form in size of page and width of margin. This also applies to all special or unusual entries not provided fform. Where information called for herein is not given, state fully the reason for its omission.

g Schedulessupportingthe revenueaccountsandfurnishingstatistics should be so arrangedas to effecta division in theoperationsas to thoseinsideand

outside the state.

10 Answers to all inquiries may be in even dollar figures, with cents omitted and with agreeing totals.

"l 1 Eachrespondentehouldmake its reportin duplicate.retainingonecopyfor its files for reference.in case correspondencewith regard to such reportbecomesnecessary. For this reason, several copies of the accompanying forms are sent to each utility company concerned.

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Give the name, title, office address, telephone number and e-mail address ofthe person to whomany correspondence concerning this report should be addressed:

Name Aaron Millsap Title Vice President - Finance

Address P O Box 1970, Mountain Home, AR 72654

Telephone Number 870-425-3100

E-Mail aaron,millsap.@Yelcot,com,

Give the name, address, telephone number and e-mail address ofthe resident agent:

Name Sara Zimmerman Telephone Number 870-425-3100

Address P O Box 1970, Mountain Home, AR 72654

E-Mail sara.zimmerman(a)yelcot.com

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IDENTITY OF RESPONDENT

1. Give the exact name by which respondent was known in law at the close of the year. Use theinitial word "The" onlv when it is part of the name:

YelcotVideo Group, Inc

2. Give the location (including street and number) of (a) the main Arkansas business office ofrespondent at the close ofthe year, and (b) if respondent is a foreign corporation, the mainbusiness office if not in this state:

(a) 207 East 4th StreetMountain Home, AR 72653

(b)

3. Indicate by an x in the proper space (a) the type of service rendered, and (b) the type oforganization under which respondent was operating at the end of the year.

(a) ( ) Electric, ( ) Gas, ( ) Water, (X) Telephone, ( Other

(b) ( ) Proprietorship, ( ) Partnership, ( ) Joint StockAssociation,

( X) Corporation, ( ) Other (describe below):

4. If respondent is not a corporation, give (a) date of organization, and (b) name of the proprietor orthe names of all partners, and the extent of their respective interest at the close of the year.

(a) Not Applicable

(b)

5. If a corporation, indicate (a) in which state respondent is incorporated, (b) date of incorporation,and (c) designation of the general law under which respondent was incorporated, or, if undersDecial charter. the date of oassaae ofthe act:

(a) Arkansas

(b) August29, 2007

(c) Act 255 of the Acts of the General Assembly of the State of Arkansas

6. State whether or not respondent during the year conducted any part of its business within theState of Arkansas under a name or names other than that shown in response to inquiry No. 1above. and. ifso. aivefull oarticulars:

The bill mailed to subscribers is shown as "Yelcot" referring to all the customers held by theholding company. Yelcot Video Group, Inc is owned by Yelcot Holding Group. They alsoapplied for the fictitious name of Yelcot Security.

LEC-1


7. State whether respondent is a consolidated or merged company. If so, (a) give date andauthority for each consolidation or merger, (b) name all constituent and merged companies, and(c) aive like Darticulars as reauired ofthe resoondent in inauirv No. 5 above:

(a) No

(b)

(c)

8. State whether respondent is a reorganized company. If so, give (a) name of original corporation,

(b) date of reorganization, (c) reference to the laws under which it was reorganized and (d) statethe occasion ofthe reorganization, whether because of foredosure of mortgage or otherwise,aivina full Darticulars.

(a) No

(b)

(c)

(d)

9. Was respondent subject to a receivership or other trust at any time during the year?If so, state:

(a) Name of receiver or trustee:

No

(b) Name of beneficiary or beneficiaries for whom trust was maintained:

(c) Purpose of the trust:

(d) Give (1) date of creation of receivership or other trust, and (2) date of acquisitionof respondent: (1) (2)

10. Did the respondent act in any ofthe capacities listed in Paragraph (a) below during the

pastyear? __ Ifso,

(a) Indicate the applicable one by an X in the proper space:

( ) Guarantor, ( ) Surety, ( ) Principal-obligor to a surety contract,

( ) Principal-obligor to a guaranty contract.

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(b) Insert a statement showing the character, extent, and terms of the primary agreement orobligation, including (1) names of all parties involved, (2) extent of liability of respondent,whether contingent or actual, (3) extent of liabilities ofthe other parties, whether contingentor actual, and (4) securitv taken or offered by respondent.

LEC-3


LEC-1

DIRECTORS

Give the name and office addresses of all directors at the close of the year, and dates of beginning andexpiration ofterms. Chairman (*) and Secretary (**) marked by asterisks.

Name of Director Office AddressDate of Term

Beginning EndCalvin Czeschin, SR*Sara Czeschin ZimmermanBetsie Czeschin

Mountain Home, ARMountain Home, ARMountain Home, AR

5/1/195/1/195/1/19

5/1/205/1/205/1/20

PRINCIPAL OFFICERS AND KEY MANAGEMENT PERSONNEL

Give the title ofthe principal officers, managers and key personnel, the names and office addresses ofpersons holding such positions at the close ofthe year.

TitleName of person holding office

at close of yearOffice Address

Chairman of the BoardPresident\/ice President - LegalSecretary\/ice President - Finance\/ice President - Operations

Calvin Czeschin, SRSara Czeschin ZimmermanBetsie CzeschinLeslie McDaniel^aron MillsapShawn Lane

Mountain hlome, ARMountain hlome, ARMountain Home, ARMountain hlome, ARMountain Home, ARMountain Home, AR


GROSS ASSESSABLE REVENUES

Description

ARKANSAS GROSS ASSESSABLE REVENUES (excluding Interstate Tolls)

Amount

$268,376

LOCAL EXCHANGE SERVICE STATISTICS

LEC-1

ACCESS LINES ARKANSAS

Residence

Business

32

462

TOTAL RESIDENTIAL & BUSINESS ACCESS LINES 494

PBX Access Lines

Coin or Credit Card Paystation Access Lines

Company Official Access Lines (Numbers)

TOTAL ACCESS LINES 494


STATEMENT OF ACCURACY

1 do hereby state that the amounts contained in this report aretrue and accurate, schedules have been cross-referenced by useof the attached check list, and that the accuracy of all totals hasbeen verified by me or under my supervision. Should 1 or anyoneunder my supervision become aware of any error in or omissionfrom this report, 1 will take steps to notify the Arkansas PublicService Commission of such error or omission and providecorrected schedules as soon as possible.

President/General Manager


COMPANY CONTACTS

Please list the number of utility employees located in Arkansas 14 .

Company Information

Company Name Yelcot Video Group, Inc

dba Yelcot

Official MailingAddress

P O Box 1970, Mountain Home, AR 72654

Mailing Address forAPSC AnnualAssessment Invoice

P O Box 1970, Mountain Home, AR 72654

AREA PERSON TO CONTACT PHONE# FAX# E-MAIL

Annual Report

APSC Annual Assessment

Tariffs

Property Taxes

Regulatory Affairs

Aaron Millsap 870-425-3100 870-435-8250 aaron.millsaDO.velcot.com

Aaron Millsap 870-425-3100 870-435-8250 aaron.millsa&@,ve!cot.com

Kelly Orsborn 870-435-6111 870-435-8350 kelly,orsborni@)yelcQt.com

Aaron Millsap 870-425-3100 870-435-8250 aat-on.millsaE)@yejcot.com

Lang Zimmerman 870-425-3100 870-435-8250 [email protected]

local telephone company received

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