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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Wellman Cooperative Telephone Association

Wellman Cooperative Telephone Association

Fiscal year ending 2021. Filed on November 15, 2022.

305 8th Avenue PO Box 170
Wellman, Iowa 52356

Wellman Cooperative Telephone Association (EIN: 42-0591540) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2021 IRS Form 990 filing, Wellman Cooperative Telephone Association, a 501(c)(12) mutual or cooperative insurance or utility provider, reported compensation for 2 out of 6 total employees. Among the employees shown here, the average compensation is $196,156. The highest compensated employee at Wellman Cooperative Telephone Association is Jayne Hochstedler with fiscal year 2021 compensation of $247,017.

Revenue, expenses, and employee compensation

Revenue

$2,996,483

Expenses

$2,820,338

Employee compensation

$651,683
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jayne Hochstedler
Chief Financial Officer
$247,017
$209,639 No related comp$37,378
Dion Schminke
General Manager and Chief Operating Officer
$145,294
$103,548 No related comp$41,746

Benchmark Employee Compensation

Non-Employee Board Members

Terra Huber
Director
$3,255
$3,255 No related compNo other comp
Anthony Stutzman
Vice President
$3,140
$3,140 No related compNo other comp
Jeremy Statler
Director
$3,060
$3,060 No related compNo other comp
Diane Zaerr Brenneman
President
$2,955
$2,955 No related compNo other comp
Nicole Slabaugh
Secretary and Treasurer
$2,875
$2,875 No related compNo other comp
Leroy Powell
Director
$2,835
$2,835 No related compNo other comp
Edward Whetstine
Director
$2,610
$2,610 No related compNo other comp

Contractors

Forvis LLP
Consulting
$109,627

Mission Statement

TO PROVIDE HIGH QUALITY, RELIABLE, TELECOMMUNICATIONS SERVICES TO ITS MEMBERS.

Revisions to this organization profile

November 17, 2025:
2024 Wellman Cooperative Telephone Association 990 filed
October 7, 2024:
2023 Wellman Cooperative Telephone Association 990 filed
November 7, 2023:
2022 Wellman Cooperative Telephone Association 990 filed

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