PROPUBLICA Fearless Reporting for an Informed Society — Join Us.
DONATE
Skip to content
ProPublica Donate
ProPublica Donate

Wellman Cooperative Telephone Association

  • Wellman, IA
  • EIN: 42-0591540

Organization summary

Organization summary might be incomplete or out of date

This organization is not listed in the IRS's most recent list of tax exempt organizations, but we have data associated with this Employer Identification Number.

Type of Nonprofit

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

Summary charts: organization finances over time

Revenue
$3.08M (2023)

Expenses
$3M (2023)

Total Assets
$10M (2023)

Total Liabilities
$4.06M (2023)

Source: Form 990 tax filings from 2016 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
$3,080,861
Expenses
$3,001,699
Net Income
$79,162
Net Assets
$5,981,227
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,888,976
93.8%
Investment Income $49,816
1.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $115,988
3.8%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$2,623
Other Revenue $28,704
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $196,794
6.6%
Professional Fundraising Fees $0
Other Salaries and Wages $132,473
4.4%
Assets/Debt
Total Assets $10,040,834
Total Liabilities $4,059,607
Net Assets $5,981,227
Club or Co-Op Income
Income From Members $2,061,896
Income From Other Sources $164,333
Compensation
Key Employees and Officers Compensation Related Other
Dion Schminke (Coo) $135,109 $0 $42,380
Tony Stutzman (Director) $3,180 $0 $0
Leroy Powell (Director) $3,060 $0 $0
Nicole Slabaugh (Director) $2,970 $0 $0
Jeremy Statler (Director) $2,805 $0 $0
Diane Brenneman (President) $2,700 $0 $0
Jonathan Chalupa (Director) $2,550 $0 $0
Terra Huber (Director) $2,040 $0 $0
+ View more people

Document Links

990
Filed on Oct. 7, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,079,623
Expenses
$3,031,044
Net Income
$48,579
Net Assets
$5,464,996
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,887,441
93.8%
Investment Income $87,022
2.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $101,960
3.3%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$9,148
Other Revenue $12,348
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $174,948
5.8%
Professional Fundraising Fees $0
Other Salaries and Wages $232,994
7.7%
Assets/Debt
Total Assets $10,136,437
Total Liabilities $4,671,441
Net Assets $5,464,996
Club or Co-Op Income
Income From Members $1,987,262
Income From Other Sources $187,472
Compensation
Key Employees and Officers Compensation Related Other
Dion Schminke (Coo) $123,465 $0 $30,908
Diane Brenneman (President) $3,240 $0 $0
Tony Stutzman (Director) $3,180 $0 $0
Leroy Powell (Director) $3,060 $0 $0
Jeremy Statler (Director) $2,805 $0 $0
Jonathan Chalupa (Director) $2,805 $0 $0
Terra Huber (Director) $2,805 $0 $0
Nicole Slabaugh (Director) $2,680 $0 $0
+ View more people

Document Links

990
Filed on Nov. 7, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,996,483
Expenses
$2,820,338
Net Income
$176,145
Net Assets
$4,801,942
Notable Sources of Revenue Percent of Total Revenue
Contributions $156,795
5.2%
Program Services $2,684,931
89.6%
Investment Income $45,805
1.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $93,343
3.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$30,826
Other Revenue $46,435
1.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $413,041
14.6%
Professional Fundraising Fees $0
Other Salaries and Wages $61,934
2.2%
Assets/Debt
Total Assets $7,702,432
Total Liabilities $2,900,490
Net Assets $4,801,942
Club or Co-Op Income
Income From Members $1,896,335
Income From Other Sources $137,638
Compensation
Key Employees and Officers Compensation Related Other
Jayne Hochstedler (Cfo) $209,639 $0 $37,378
Dion Schminke (General Manager/Coo) $103,548 $0 $41,746
Terra Huber (Director) $3,255 $0 $0
Anthony Stutzman (Vice President) $3,140 $0 $0
Jeremy Statler (Director) $3,060 $0 $0
Diane Zaerr Brenneman (President) $2,955 $0 $0
Nicole Slabaugh (Secretary/Treasurer) $2,875 $0 $0
Leroy Powell (Director) $2,835 $0 $0
Edward Whetstine (Director) $2,610 $0 $0
+ View more people

Document Links

990
Filed on Nov. 15, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,797,659
Expenses
$2,777,110
Net Income
$20,549
Net Assets
$4,411,263
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,533,730
90.6%
Investment Income $49,269
1.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $73,426
2.6%
Net Fundraising $0
Sales of Assets $34,564
1.2%
Net Inventory Sales -$27,588
Other Revenue $134,258
4.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $473,550
17.1%
Professional Fundraising Fees $0
Other Salaries and Wages $197,292
7.1%
Assets/Debt
Total Assets $7,588,845
Total Liabilities $3,177,582
Net Assets $4,411,263
Club or Co-Op Income
Income From Members $1,723,842
Income From Other Sources $146,636
Compensation
Key Employees and Officers Compensation Related Other
Randall Kelley (General Manager) $202,652 $0 $37,342
Jayne Hochstedler (Chief Financial Officer) $85,455 $0 $39,608
Dion Schminke (General Manager/Coo) $66,248 $0 $18,875
Edward Whetstine (President) $3,240 $0 $0
Diane Zaerr Brenneman (Vice President) $3,180 $0 $0
Leroy Powell (Secretary Treasurer) $3,180 $0 $0
Tony Stutzman (Director) $3,060 $0 $0
James Palmer (Director) $2,805 $0 $0
George Miller Jr (Director) $2,550 $0 $0
Nicole Slabaugh (Director) $2,550 $0 $0
John Yoder (Director) $2,040 $0 $0
Jeremy Statler (Director) $510 $0 $0
Terra Huber (Director) $255 $0 $0
+ View more people

Document Links

990
Filed on Sept. 23, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,637,347
Expenses
$2,626,733
Net Income
$10,614
Net Assets
$3,722,624
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,484,010
94.2%
Investment Income $10,461
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $65,796
2.5%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales -$23,321
Other Revenue $100,401
3.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $287,186
10.9%
Professional Fundraising Fees $0
Other Salaries and Wages $182,646
7.0%
Assets/Debt
Total Assets $7,531,860
Total Liabilities $3,809,236
Net Assets $3,722,624
Club or Co-Op Income
Income From Members $1,716,011
Income From Other Sources $109,944
Compensation
Key Employees and Officers Compensation Related Other
Randall Kelley (General Manager) $88,182 $0 $45,814
Jayne Hochstedler (Chief Financial Officer) $84,473 $0 $45,617
Diane Zaerr Brenneman (Vice President) $3,180 $0 $0
Leroy Powell (Secretary Treasurer) $3,180 $0 $0
George Miller Jr (Director) $3,060 $0 $0
James Palmer (Director) $3,060 $0 $0
Edward Whetstine (President) $2,970 $0 $0
John Yoder (Director) $2,805 $0 $0
Lois Plank (Director) $2,805 $0 $0
Tony Stutzman (Director) $2,040 $0 $0
+ View more people

Document Links

990
Filed on Nov. 12, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,779,375
Expenses
$2,761,089
Net Income
$18,286
Net Assets
$3,714,138
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,510,113
90.3%
Investment Income $42,633
1.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $63,670
2.3%
Net Fundraising $0
Sales of Assets -$35,130
Net Inventory Sales -$33,410
Other Revenue $231,499
8.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $274,008
9.9%
Professional Fundraising Fees $0
Other Salaries and Wages $177,378
6.4%
Assets/Debt
Total Assets $7,765,121
Total Liabilities $4,050,983
Net Assets $3,714,138
Club or Co-Op Income
Income From Members $1,678,087
Income From Other Sources $115,842
Compensation
Key Employees and Officers Compensation Related Other
Randall Kelley (General Manager) $89,366 $0 $37,894
Jayne Hochstedler (Chief Financial Officer) $84,540 $0 $38,883
Leroy Powell (Secretary Treasurer) $3,710 $0 $0
James Palmer (Director) $3,610 $0 $0
Edward Whetstine (President) $3,510 $0 $0
George Miller Jr (Director) $3,315 $0 $0
Diane Zaerr Brenneman (Vice President) $3,060 $0 $0
John Yoder (Director) $3,060 $0 $0
Lois Plank (Director) $3,060 $0 $0
+ View more people

Document Links

990
Filed on Nov. 13, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,151,840
Expenses
$2,802,870
Net Income
-$651,030
Net Assets
$3,464,255
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,702,557
> 100%
Investment Income $6,552
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $25,745
1.2%
Net Fundraising $0
Sales of Assets $32,589
1.5%
Net Inventory Sales -$26,728
Other Revenue -$588,875
Notable Expenses Percent of Total Expenses
Executive Compensation $275,534
9.8%
Professional Fundraising Fees $0
Other Salaries and Wages $187,870
6.7%
Assets/Debt
Total Assets $8,070,050
Total Liabilities $4,605,795
Net Assets $3,464,255
Club or Co-Op Income
Income From Members $1,811,598
Income From Other Sources $125,522
Compensation
Key Employees and Officers Compensation Related Other
Randall Kelley (General Manager) $88,786 $0 $40,830
Jayne Hochstedler (Chief Financial Officer) $84,411 $0 $39,672
Leroy Powell (Secretary Treasurer) $3,445 $0 $0
Diane Zaerr Brenneman (Vice President) $3,315 $0 $0
George Miller Jr (Director) $3,315 $0 $0
Lois Plank (Director) $3,315 $0 $0
Edward Whetstine (President) $3,185 $0 $0
James Palmer (Director) $2,965 $0 $0
John Yoder (Director) $2,295 $0 $0
+ View more people

Document Links

990
Filed on Nov. 7, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,932,531
Expenses
$2,932,531
Net Income
$0
Net Assets
$4,149,497
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,821,884
96.2%
Investment Income $8,737
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $27,810
0.9%
Net Fundraising $0
Sales of Assets $3,094
0.1%
Net Inventory Sales -$19,507
Other Revenue $90,513
3.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $143,645
4.9%
Professional Fundraising Fees $0
Other Salaries and Wages $257,930
8.8%
Assets/Debt
Total Assets $9,069,102
Total Liabilities $4,919,605
Net Assets $4,149,497
Club or Co-Op Income
Income From Members $1,785,187
Income From Other Sources $108,180
Compensation
Key Employees and Officers Compensation Related Other
Randall Kelly (General Manager) $86,972 $0 $31,703
James Palmer (President) $3,780 $0 $0
Edward Whetstine (Vice President) $3,710 $0 $0
Leroy Powell (Secretary Treasuer) $3,710 $0 $0
George Miller Jr (Director) $3,570 $0 $0
Lois Plank (Director) $3,570 $0 $0
Diane Zaerr Brenneman (Director) $3,315 $0 $0
John Yoder (Director) $3,315 $0 $0
+ View more people

Document Links

990
Filed on Nov. 6, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About 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 »

Get the Data

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.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • 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.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated