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RUNESTONE ELECTRIC ASSOCIATION

EIN 41-0223597 ALEXANDRIA, MN

Largest nonprofits in Minnesota

Revenue 2025
$37,517,813
Expenses 2025
$37,517,813

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
12
Classification
1000
Street
6839 POWER LN SW

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

1 other organization in the IRS Business Master File lists the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

Mission and programs · 2025

Mission

To serve our members with safe, reliable and affordable electricity.

Activities or mission (Part I)

To serve our members with safe, reliable, and affordable electricity.

  • Sales and distribution of electricity to 15,542 residential, seasonal, and commercial accounts.

As filed on the 2025 return.

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Alan Haman

    CEO

    Total calculated
    $498,789
    From this org
    $302,713
    From related orgs
    $0
    Other
    $196,076
    Hours/week
    42

    Schedule J breakdown matched by us

    Base
    $301,213
    Bonus
    $1,500
    Other
    $0
    Deferred
    $174,465
    Nontaxable benefits
    $21,611
    Filer's total
    $498,789
  • Janet Nelson

    Manager of Finance

    Total calculated
    $273,460
    From this org
    $162,495
    From related orgs
    $0
    Other
    $110,965
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $160,995
    Bonus
    $1,500
    Other
    $0
    Deferred
    $81,176
    Nontaxable benefits
    $29,789
    Filer's total
    $273,460
  • Susan Lundeen

    Manager of Member Services

    Total calculated
    $253,000
    From this org
    $147,044
    From related orgs
    $0
    Other
    $105,956
    Hours/week
    42

    Schedule J breakdown matched by us

    Base
    $145,544
    Bonus
    $1,500
    Other
    $0
    Deferred
    $76,728
    Nontaxable benefits
    $29,228
    Filer's total
    $253,000
  • David Jablonski

    Line Superintendent

    Total calculated
    $245,284
    From this org
    $137,716
    From related orgs
    $0
    Other
    $107,568
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $136,216
    Bonus
    $1,500
    Other
    $0
    Deferred
    $78,620
    Nontaxable benefits
    $28,948
    Filer's total
    $245,284
  • Ryan Rooney

    Energy Services & Business Development Manager

    Total calculated
    $206,155
    From this org
    $144,059
    From related orgs
    $0
    Other
    $62,096
    Hours/week
    42

    Schedule J breakdown matched by us

    Base
    $142,559
    Bonus
    $1,500
    Other
    $0
    Deferred
    $32,811
    Nontaxable benefits
    $29,285
    Filer's total
    $206,155
  • Susan Gibbons

    Network & IT Administrator

    Total calculated
    $195,155
    From this org
    $144,334
    From related orgs
    $0
    Other
    $50,821
    Hours/week
    47

    Schedule J breakdown matched by us

    Base
    $142,844
    Bonus
    $1,500
    Other
    $0
    Deferred
    $34,851
    Nontaxable benefits
    $15,970
    Filer's total
    $195,165
  • Kyle Blade

    Journeyman Lineman

    Total calculated
    $151,183
    From this org
    $125,000
    From related orgs
    $0
    Other
    $26,183
    Hours/week
    43

    Schedule J breakdown matched by us

    Base
    $123,500
    Bonus
    $1,500
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $26,183
    Filer's total
    $151,183
  • Michael Loken

    Director

    Total calculated
    $9,400
    From this org
    $9,400
    From related orgs
    $0
    Other
    $0
    Hours/week
    7.1
  • Joel Seela

    Director

    Total calculated
    $8,400
    From this org
    $8,400
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.3
  • David Staples

    Director

    Total calculated
    $8,400
    From this org
    $8,400
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.3
  • Barbara Johnson

    Director

    Total calculated
    $8,350
    From this org
    $8,350
    From related orgs
    $0
    Other
    $0
    Hours/week
    5.5
  • Gary Anderson

    Director

    Total calculated
    $7,850
    From this org
    $7,850
    From related orgs
    $0
    Other
    $0
    Hours/week
    6.5
  • Matthew Mattson

    Director

    Total calculated
    $7,450
    From this org
    $7,450
    From related orgs
    $0
    Other
    $0
    Hours/week
    3.3
  • Jon Winter

    Director

    Total calculated
    $6,700
    From this org
    $6,700
    From related orgs
    $0
    Other
    $0
    Hours/week
    2.8

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2025
    Revenue
    $37,517,813
    Expenses
    $37,517,813
    Contributions
    $0
    Grants paid
    $0
  • 2024
    Revenue
    $33,444,294
    Expenses
    $33,444,294
    Contributions
    $0
    Grants paid
    $0
  • 2024
    Revenue
    $33,444,294
    Expenses
    $33,444,294
    Contributions
    $0
    Grants paid
    $0
  • 2023
    Revenue
    $32,966,732
    Expenses
    $32,966,732
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $31,843,187
    Expenses
    $31,843,187
    Contributions
    $0
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $31,252,692
    Expenses
    $31,252,692
    Assets (EOY)
    $99,235,935
  • 2020 · 990

    Revenue
    $29,762,866
    Expenses
    $29,762,866
    Assets (EOY)
    $95,326,425

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2025 return

  • Runestone Electric Association Community Trust

    501(c)(3) · Distr. charitable funds · MN

Declared as related by

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.