Runestone Telephone Association
EIN 410733426 · 501(c)(12) · Public charity · Hoffman, MN · recognized 1963
- Assets
- $40.2M
- Revenue
- $13.0M
- Expenses
- $10.8M
- Investment income
- $173K
Form 990 fiscal year ended 12/31/2024
Investment managers
Advisory firms linked via Form 990 Part VII independent contractors.
No linked investment managers yet.
Highest-paid contractors
Form 990 Part VII-B, independent contractors paid over $100k.
| Contractor | Services | Compensation |
|---|---|---|
| Arvig Communication Systems | Underground boring | $2,715,749 |
| Cooperative Network Services | Engineering | $779,313 |
| Ramstad Technologies Inc | Fiber splicing | $386,616 |
| Arneson's Construction & Cabinetry | Building construction | $273,032 |
| J Carlson Services Inc | Home entries | $259,823 |
Officers & directors
Form 990 Part VII-A for the latest fiscal year.
| Name | Title | Compensation | Other |
|---|---|---|---|
| Kent Hedstrom | General manager/ceo | $275,532 | $86,672 |
| Russ Froemming | Network technician | $132,986 | $56,339 |
| Ryan Schonhardt | Office manager/cfo | $126,111 | $47,264 |
| Chris Veldhouse | Outside plant manager | $114,642 | $54,752 |
| Richard Staples | Director | $13,080 | $0 |
| Robert Leegaard | President | $12,780 | $0 |
| Tory Belgum | Vice president | $12,780 | $0 |
| John Kapphahn | Secretary/treasurer | $12,240 | $0 |
| Jolene Vipond | Director | $12,090 | $0 |