EIN 41-0733426

Runestone Telephone Association

IRS 501(c) type
501(c)(12)
Num. employees
27
City
Hoffman
Year formed
1949
Most recent tax filings
2022-12-01
Description
The Runestone Telephone Association provides reliable telecommunication services to cooperative members and offers programs that include telephone, internet and cable television services. It aims to provide these services at reasonable rates while also respecting employees and customers.
Total revenues
$11,787,535
2022
Total expenses
$8,299,942
2022
Total assets
$33,594,503
2022
Num. employees
27
2022

Program areas at Runestone Telephone Association

Provision of Telephone, internet and cable television services to cooperative members.

Personnel at Runestone Telephone Association

NameTitleCompensation
Kent HedstromGeneral Manager and Chief Executive Officer$213,495
Ryan SchonhardtOffice Manager and Chief Financial Officer$109,884
Russ FroemmingNetwork Technician$109,167
John KapphahnSecretary and Treasurer$12,180
Tory BelgumVice President$11,880
...and 2 more key personnel

Financials for Runestone Telephone Association

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$11,594,246
Investment income and dividends$49,599
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$79,757
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$63,933
Total revenues$11,787,535

Form 990s for Runestone Telephone Association

Fiscal year endingDate received by IRSFormPDF link
2022-122023-06-21990View PDF
2021-122022-06-22990View PDF
2020-122021-07-15990View PDF
2019-122020-09-25990View PDF
2018-122019-09-14990View PDF
...and 7 more Form 990s

Organizations like Runestone Telephone Association

OrganizationLocationRevenue
Molalla Communications CompanyMolalla, OR$18,505,503
Bristol Bay Telephone Cooperative and SubsidiariesKing Salmon, AK$4,493,015
Scio Mutual Telephone AssociationScio, OR$5,431,972
Scott County Telephone CooperativeGate City, VA$9,179,083
West Central Telephone AssociationSebeka, MN$13,488,245
South Slope Cooperative Telephone CompanyNorth Liberty, IA$41,648,044
Emily Cooperative Telephone CompanyEmily, MN$4,465,633
Highland Telephone CooperativeSunbright, TN$25,430,572
Kalona Cooperative Telephone Company (KCTC)Kalona, IA$7,984,375
Lehigh Valley Cooperative Telephone AssociationLehigh, IA$3,317,069
Data update history
July 24, 2023
Updated personnel
Identified 1 new personnel
July 22, 2023
Used new vendors
Identified 2 new vendors, including , and
April 14, 2022
Updated personnel
Identified 1 new personnel
April 13, 2022
Used new vendors
Identified 1 new vendor, including
April 10, 2022
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Public utilitiesPublic sector nonprofits
Issues
No issues found
Characteristics
State / local level
General information
Address
PO Box 336
Hoffman, MN 56339
County
Grant County, MN
Website URL
runestone.net/ 
Phone
(320) 986-2013
IRS details
EIN
41-0733426
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1949
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W50: Telephone, Telegraph, and Telecommunications Services
NAICS code, primary
517: Telecommunications
Parent/child status
Independent
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