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Wabash Mutual Telephone Co

Organization summary

Type of Nonprofit

Designated as a Benevolent life insurance associations, irrigation companies, telephone companies, etc., which have a mutually beneficial nature.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$8.51M (2023)

Expenses
$6.61M (2023)

Total Assets
$18.7M (2023)

Total Liabilities
$3.72M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,505,000
Expenses
$6,613,942
Net Income
$1,891,058
Net Assets
$14,956,602
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,392,132
98.7%
Investment Income $18,449
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $18,000
0.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $46,164
0.5%
Other Revenue $30,255
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $237,027
3.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $18,674,044
Total Liabilities $3,717,442
Net Assets $14,956,602
Club or Co-Op Income
Income From Members $4,942,011
Income From Other Sources $107,761
Compensation
Key Employees and Officers Compensation Related Other
Mike Boley (President & Ceo) $150,220 $0 $0
Jacqueline Muhlenkamp (Secretary) $74,887 $0 $0
Alan Post (Vice Chairman) $2,710 $0 $0
Karl Schoenherr (Director) $2,690 $0 $0
Chuck Alig (Director) $2,650 $0 $0
William Gaerke (Director) $2,550 $0 $0
Joseph Bruns (Chairman) $1,320 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,141,787
Expenses
$6,238,596
Net Income
$1,903,191
Net Assets
$12,949,540
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,045,450
98.8%
Investment Income $27,917
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $18,000
0.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $37,151
0.5%
Other Revenue $13,269
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $212,839
3.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $17,631,424
Total Liabilities $4,681,884
Net Assets $12,949,540
Club or Co-Op Income
Income From Members $4,689,949
Income From Other Sources $134,960
Compensation
Key Employees and Officers Compensation Related Other
Mike Boley (President & Ceo) $135,071 $0 $0
Jacqueline Muhlenkamp (Secretary) $65,468 $0 $0
Tim Berkenstock (Chairman) $2,640 $0 $0
Joseph Bruns (Director) $2,510 $0 $0
Alan Post (Director) $2,475 $0 $0
William Gaerke (Director) $2,400 $0 $0
Chuck Alig (Vice Chairman) $2,275 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,819,409
Expenses
$6,155,391
Net Income
$1,664,018
Net Assets
$11,023,179
Notable Sources of Revenue Percent of Total Revenue
Contributions $323,400
4.1%
Program Services $7,399,631
94.6%
Investment Income $6,214
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $18,000
0.2%
Net Fundraising $0
Sales of Assets $711
0.0%
Net Inventory Sales $54,516
0.7%
Other Revenue $16,937
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $208,324
3.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $16,675,060
Total Liabilities $5,651,881
Net Assets $11,023,179
Club or Co-Op Income
Income From Members $4,735,237
Income From Other Sources $87,090
Compensation
Key Employees and Officers Compensation Related Other
Mike Boley (President & Ceo) $136,897 $0 $0
Jacqueline Muhlenkamp (Secretary) $59,537 $0 $0
Tim Berkenstock (Chairman) $2,620 $0 $0
William Gaerke (Director) $2,455 $0 $0
Joseph Bruns (Director) $2,455 $0 $0
Karl Schoenherr (Director) $2,280 $0 $0
John Overman (Vice Chairman) $2,080 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,978,514
Expenses
$5,862,648
Net Income
$1,115,866
Net Assets
$9,330,599
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,849,152
98.1%
Investment Income $16,799
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $18,000
0.3%
Net Fundraising $0
Sales of Assets $24,850
0.4%
Net Inventory Sales $55,515
0.8%
Other Revenue $14,198
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $192,269
3.3%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $16,434,829
Total Liabilities $7,104,230
Net Assets $9,330,599
Club or Co-Op Income
Income From Members $4,626,194
Income From Other Sources $94,433
Compensation
Key Employees and Officers Compensation Related Other
Mike Boley (President & Ceo) $125,934 $0 $0
Jacqueline Muhlenkamp (Secretary) $54,560 $0 $0
Tim Berkenstock (Chairman) $2,500 $0 $0
John Overman (Vice Chairman) $2,375 $0 $0
Karl Schoenherr (Director) $2,325 $0 $0
Joseph Bruns (Director) $2,325 $0 $0
William Gaerke (Director) $2,250 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,368,493
Expenses
$5,846,223
Net Income
$522,270
Net Assets
$8,122,241
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,294,384
98.8%
Investment Income $18,048
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $18,000
0.3%
Net Fundraising $0
Sales of Assets -$498
Net Inventory Sales $27,191
0.4%
Other Revenue $11,368
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $179,229
3.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $15,803,824
Total Liabilities $7,681,583
Net Assets $8,122,241
Club or Co-Op Income
Income From Members $4,440,574
Income From Other Sources $112,791
Compensation
Key Employees and Officers Compensation Related Other
Mike Boley (President & Ceo) $118,104 $0 $0
Jacqueline Muhlenkamp (Secretary) $54,365 $0 $0
Frank Dues (Chairman) $1,500 $0 $0
John Overman (Director) $1,335 $0 $0
Karl Schoenherr (Director) $1,335 $0 $0
Tim Berkenstock (Vice Chairman) $1,330 $0 $0
William Gaerke (Director) $1,260 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,091,513
Expenses
$5,774,479
Net Income
$317,034
Net Assets
$7,227,657
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,991,984
98.4%
Investment Income $21,189
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $18,000
0.3%
Net Fundraising $0
Sales of Assets $12,721
0.2%
Net Inventory Sales $28,918
0.5%
Other Revenue $18,701
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $164,581
2.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $16,121,062
Total Liabilities $8,893,405
Net Assets $7,227,657
Club or Co-Op Income
Income From Members $4,360,951
Income From Other Sources $134,467
Compensation
Key Employees and Officers Compensation Related Other
Mike Boley (President & Ceo) $110,180 $0 $0
Jacqueline Muhlenkamp (Secretary) $48,391 $0 $0
Tim Berkenstock (Vice Chairman) $1,305 $0 $0
Frank Dues (Chairman) $1,300 $0 $0
Karl Schoenherr (Director) $1,170 $0 $0
William Gaerke (Director) $1,155 $0 $0
John Overman (Director) $1,080 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,799,234
Expenses
$5,722,100
Net Income
$77,134
Net Assets
$6,629,164
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,711,054
98.5%
Investment Income $15,880
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $18,000
0.3%
Net Fundraising $0
Sales of Assets $50
0.0%
Net Inventory Sales $40,183
0.7%
Other Revenue $14,067
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $171,871
3.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $16,572,894
Total Liabilities $9,943,730
Net Assets $6,629,164
Club or Co-Op Income
Income From Members $4,220,846
Income From Other Sources $119,538
Compensation
Key Employees and Officers Compensation Related Other
Mike Boley (President & Ceo) $109,339 $0 $0
Julie Marchal (Secretary) $56,427 $0 $0
Frank Dues (Chairman) $1,375 $0 $0
Tim Berkenstock (Director) $1,245 $0 $0
Roger Knapke (Vice Chairman) $1,235 $0 $0
Karl Schoenherr (Director) $1,170 $0 $0
John Overman (Director) $1,080 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,632,798
Expenses
$5,431,552
Net Income
$201,246
Net Assets
$6,272,565
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,563,671
98.8%
Investment Income $14,053
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $18,000
0.3%
Net Fundraising $0
Sales of Assets -$253
Net Inventory Sales $22,825
0.4%
Other Revenue $14,502
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $145,767
2.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $17,229,242
Total Liabilities $10,956,677
Net Assets $6,272,565
Club or Co-Op Income
Income From Members $3,989,566
Income From Other Sources $106,168
Compensation
Key Employees and Officers Compensation Related Other
Mike Boley (President & Ceo) $84,935 $0 $0
Julie Marchal (Secretary) $54,637 $0 $0
Frank Dues (Chairman) $1,300 $0 $0
John Overman (Director) $1,245 $0 $0
Karl Schoenherr (Director) $1,245 $0 $0
Roger Knapke (Vice Chairman) $1,235 $0 $0
Tim Berkenstock (Director) $1,170 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,059,027
Expenses
$5,020,506
Net Income
$1,038,521
Net Assets
$5,890,268
Notable Sources of Revenue Percent of Total Revenue
Contributions $669,323
11.0%
Program Services $5,316,595
87.7%
Investment Income $19,961
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $18,000
0.3%
Net Fundraising $0
Sales of Assets $11,657
0.2%
Net Inventory Sales $13,413
0.2%
Other Revenue $10,078
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $150,762
3.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $17,846,366
Total Liabilities $11,956,098
Net Assets $5,890,268
Club or Co-Op Income
Income From Members $3,719,108
Income From Other Sources $124,645
Compensation
Key Employees and Officers Compensation Related Other
Mike Boley (President & Ceo) $91,311 $0 $0
Julie Marchal (Secretary) $53,416 $0 $0
Frank Dues (Chairman) $1,295 $0 $0
Tim Berkenstock (Director) $1,260 $0 $0
John Overman (Director) $1,170 $0 $0
Karl Schoenherr (Director) $1,170 $0 $0
Roger Knapke (Vice Chairman) $1,140 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,053,608
Expenses
$4,534,387
Net Income
$519,221
Net Assets
$5,495,134
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,973,926
98.4%
Investment Income $19,890
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $18,000
0.4%
Net Fundraising $0
Sales of Assets $750
0.0%
Net Inventory Sales $21,669
0.4%
Other Revenue $19,373
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $129,799
2.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $15,715,557
Total Liabilities $10,220,423
Net Assets $5,495,134
Club or Co-Op Income
Income From Members $3,363,264
Income From Other Sources $91,179
Compensation
Key Employees and Officers Compensation Related Other
Mike Boley (President & Ceo) $78,694 $0 $0
Julie Marchal (Secretary) $45,360 $0 $0
Donald Smith (Chairman) $1,300 $0 $0
Frank Dues (Vice Chairman) $1,235 $0 $0
Karl Schoenherr (Director) $1,155 $0 $0
Tim Berkenstock (Director) $1,065 $0 $0
John Overman (Director) $990 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,564,809
Expenses
$4,022,889
Net Income
$541,920
Net Assets
$5,000,664
Notable Sources of Revenue Percent of Total Revenue
Contributions $273,867
6.0%
Program Services $4,251,416
93.1%
Investment Income $209
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $18,000
0.4%
Net Fundraising $0
Sales of Assets $500
0.0%
Net Inventory Sales $15,403
0.3%
Other Revenue $5,414
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $127,360
3.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $16,038,952
Total Liabilities $11,038,288
Net Assets $5,000,664
Club or Co-Op Income
Income From Members $2,969,902
Income From Other Sources $54,292
Compensation
Key Employees and Officers Compensation Related Other
Mike Boley (President & Ceo) $75,846 $0 $0
Julie Marchal (Secretary) $45,674 $0 $0
Donald Smith (Chairman) $1,300 $0 $0
Roger Knapke (Director) $1,170 $0 $0
Karl Schoenherr (Director) $1,155 $0 $0
Frank Dues (Vice Chairman) $1,135 $0 $0
John Overman (Director) $1,080 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,852,560
Expenses
$3,534,498
Net Income
$1,318,062
Net Assets
$4,727,029
Notable Sources of Revenue Percent of Total Revenue
Contributions $995,078
20.5%
Program Services $3,814,755
78.6%
Investment Income $352
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $21,300
0.4%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $17,687
0.4%
Other Revenue $3,388
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $126,482
3.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $13,626,248
Total Liabilities $8,899,219
Net Assets $4,727,029
Club or Co-Op Income
Income From Members $2,584,724
Income From Other Sources $47,497

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,432,396
Expenses
$3,022,858
Net Income
$409,538
Net Assets
$4,452,355
Notable Sources of Revenue Percent of Total Revenue
Contributions $236,519
6.9%
Program Services $3,150,603
91.8%
Investment Income $11
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $21,300
0.6%
Net Fundraising $0
Sales of Assets $724
0.0%
Net Inventory Sales $19,771
0.6%
Other Revenue $3,468
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $122,455
4.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $12,030,353
Total Liabilities $7,577,998
Net Assets $4,452,355
Club or Co-Op Income
Income From Members $2,095,136
Income From Other Sources $44,944

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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