Peak Data Networks Inc.

Peak Data Networks Inc. is a U.S. nonprofit organization designated as a public, society benefit organization focused on multipurpose and other societal benefits, with specific categorization under telephone, telegraph, and telecommunication services. It was granted tax-exempt status in January 2022.

Mission

The mission of Peak Data Networks Inc. involves helping individuals reach their full potential by providing subsidized internet access and related services. This work is crucial in bridging digital divides and ensuring broader access to digital resources.

Financial Overview

In its fiscal year ending December 2021, the organization reported that all of its revenue came from contributions, totaling $40,000. Notably, executive compensation accounted for 96.9% of total expenses, amounting to $34,022. The organization's total assets at the time were $4,978 with no reported liabilities.

Leadership

Key roles within the organization include Executive Director, Treasurer, and Secretary positions. Specifically, Terri L. Beideman and Benjamin F. Beideman were listed as key employees, both holding significant roles as Executive Director and Treasurer, respectively, with equal compensation.

Legal and Regulatory Status

Peak Data Networks Inc. files annual Form 990 with the IRS as required for organizations claiming federal tax-exempt status, providing detailed financial and operational insights into its activities. Donations to the organization are tax-deductible, supporting its mission in society benefit endeavors.