South Slope 2022 Annual Meeting
April 20, 2022
To ensure the safety of our members and employees during the pandemic, the 2022 South Slope Annual Meeting was conducted through a conference call at 9 a.m. on April 20th.
As a cooperative, members of South Slope have the opportunity to run for the Board of Directors, serve on the Nominating Committee, and vote for Cooperative Board Members. This year, Gary Grabe was re-elected to the At-Large director term.
Todd Thornson, Partner of BKD, a CPA and advising firm from Des Moines, shared that South Slope is in strong financial position and showing growth in current and total assets, revenues, and member equity while also decreasing liabilities over the prior year. He also said that while South Slope is facing the challenges of rapidly increasing construction costs, the Cooperative is outperforming industry peers in broadband growth.
South Slope CEO, Chuck Deisbeck, highlighted the continued expansion of the fiber network, despite the challenges of supply chain issues. “One thing we have learned through the pandemic was that having a robust fiber network in place was invaluable for serving our members with the services they need,” he said. South Slope continues to pursue, and was awarded grants, to expand their fiber network to rural areas in Solon, Tiffin and Oxford.
Deisbeck also shared that the Cooperative launched a new website and software system that ties customer service, billing and help desk, for improving efficiencies and customer experience. “Our operating and support system now allows our employees in the field more access to serve our customers, better mapping tools and a platform built for the future to allow customer access to our services at all times.”
In closing, Deisbeck shared South Slope milestones. “Over the past five years, we have over-built three communities with fiber, upgraded our core network to a 200 Gigabit ring – one of the largest in the state – and we will be launching new internet plans within the next couple of weeks.”