Runestone Telephone Association

Unknown organization based in Hoffman, MN. 28 employees. Exempt under §501(c)(12).

MissionPROVIDE RELIABLE TELECOMMUNICATION SERVICES TO COOPERATIVE MEMBERS AT REASONABLE RATES, WHILE RESPECTING EMPLOYEES AND CUSTOMERS.

EIN
41-0733426
State
MN
Sector
Unknown
Budget band
$10M–$25M
Latest filing
TY 2024
Records
3 officers · 6 years

Financial snapshot · TY 2024

$13.0M
Total revenue
$10.8M
Total expenses
$40.2M
Net assets

Financial health · TY 2024

42
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
42.7 months of expenses
Program efficiency
0
Program expenses as % of total
Revenue diversity
10
Mix of program fees, grants & contributions

Leadership compensation

Russ Froemming
NETWORK TECHNICIAN
$189,325
Ryan Schonhardt
OFFICE MANAGER/CFO
$173,375
Chris Veldhouse
OUTSIDE PLANT MANAGER
$169,394

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Runestone Telephone Association Executive Compensation | 990 Data | DoubleNine