Nonprofit · EIN 72-1541236
RUNESTONE ELECTRIC COMMUNITY TRUST
Tax-exempt · ALEXANDRIA, MN 56308
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $65,450 | $65,447 | $3 | $10,104 | $0 | $10,104 |
| December 31, 2024 | 990-EZ | $64,904 | $64,375 | $529 | $10,101 | $0 | $10,101 |
| December 31, 2023 | 990-EZ | $55,661 | $55,358 | $303 | $9,572 | $0 | $9,572 |
| December 31, 2021 | 990-EZ | $56,953 | $54,318 | $2,635 | $14,818 | $0 | $14,818 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $65,449
- Program service revenue
- $0
- Investment income
- $1
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $63,000
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fees and payments to contractors
- $1,406
- Printing, publications and postage
- $149
- Other expenses
- $892
Balance sheet and other
- Total assets, start of year
- $10,101
- Total assets, end of year
- $10,104
- Total liabilities, end of year
- $0
- Net assets, end of year
- $10,104
- Cash, savings and investments
- $10,104
- Gross receipts
- $65,450
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Richard Duncan | President | 0.5 | $0 |
| Pat Soberg | Sec/Treasurer | 0.5 | $0 |
| Rich Moen | Vice President | 0.5 | $0 |
| Mary Betterman | Director | 0.5 | $0 |
| John Rolf | Director | 0.5 | $0 |
| Anne Wiener | Director | 0.5 | $0 |
| Joe Roers | Director | 0.5 | $0 |
990-EZ for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jeff Gaffaney | President | 0.5 | $0 |
| Pat Soberg | Director | 0.5 | $0 |
| David Lundy | Sec/Treasurer | 0.5 | $0 |
| Rich Moen | Director | 0.5 | $0 |
| Mary Betterman | Director | 0.5 | $0 |
| Richard Duncan | Vice President | 0.5 | $0 |
| John Rolf | Director | 0.5 | $0 |
990-EZ for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jeff Gaffaney | President | 0.5 | $0 |
| Barry Wahlberg | Vice President | 0.5 | $0 |
| Pat Soberg | Director | 0.5 | $0 |
| David Lundy | Sec/Treasurer | 0.5 | $0 |
| Rich Moen | Director | 0.5 | $0 |
| Mary Betterman | Director | 0.5 | $0 |
| Richard Duncan | Director | 0.5 | $0 |
| Janet Johnson | Director | 0.5 | $0 |
| Deborah Anderson | Director | 0.5 | $0 |
990-EZ for the year ended December 31, 2021: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Rod Borden | President | 0.5 | $0 |
| Ron Tschaekofske | Vice President | 0.5 | $0 |
| Janet Johnson | Treasurer | 0.5 | $0 |
| Barry Wahlberg | Director | 0.5 | $0 |
| David Lundy | Director | 0.5 | $0 |
| Jeff Gaffaney | Director | 0.5 | $0 |
| Deborah Anderson | Director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 6839 POWER LN SW, ALEXANDRIA, MN 56308-4410
- Signed the 990-EZ
- Sara Reemts, REA Accountant
- Phone
- (320) 762-1121
Mission
Fund nonprofit projects in our service area.
Program accomplishments
- The organization disbursed 123 grants totaling $63,000 to 123 community groups. These grants are used for such purposes as fire department equipment, food shelves, disability programs, youth activities and senior projects.grants $63,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 72-1541236
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2003
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W80)
- Assets (IRS master file)
- $10,104
- Income (IRS master file)
- $65,450
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $65,450 | $65,447 | $10,104 | IRS |
| 990-EZ | December 2024 | $64,904 | $64,375 | $10,101 | XML |
| 990-EZ | December 2023 | $55,661 | $55,358 | $9,572 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | $56,953 | $54,318 | $14,818 | XML |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 72-1541236).
Questions about RUNESTONE ELECTRIC COMMUNITY TRUST
- What is the EIN of RUNESTONE ELECTRIC COMMUNITY TRUST?
- The employer identification number (EIN) of RUNESTONE ELECTRIC COMMUNITY TRUST is 72-1541236.
- Is RUNESTONE ELECTRIC COMMUNITY TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to RUNESTONE ELECTRIC COMMUNITY TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RUNESTONE ELECTRIC COMMUNITY TRUST file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of RUNESTONE ELECTRIC COMMUNITY TRUST due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RUNESTONE ELECTRIC COMMUNITY TRUST last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of RUNESTONE ELECTRIC COMMUNITY TRUST?
- The 990-EZ for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does RUNESTONE ELECTRIC COMMUNITY TRUST have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $65,450, expenses of $65,447 and total assets of $10,104 at year end.
Other nonprofits in ALEXANDRIA
- VETERANS MEMORIAL HONOR GUARD EIN 93-4580269 · last filed 990-EZ for 2025
- PASSION PROJECT EIN 39-2111843 · last filed 990-N for 2025
- AUXILIARY DEPARTMENT OF MINNESOTA VETERANS OF FOREIGN WARS EIN 80-0425438 · last filed 990-N for 2025
- LAKESIDE HEROES INITIATIVE EIN 39-4652469 · last filed 990-N for 2025
- TOYS FOR KIDS MCL RUNESTONE DETACHMENT 1409 EIN 82-2991928 · last filed 990-N for 2025
- KNUTE NELSON EIN 41-1263433 · last filed 990 for 2024
- RUNESTONE ELECTRIC ASSOCIATION EIN 41-0223597 · last filed 990 for 2025
- WALKER METHODIST EIN 41-1916102 · last filed 990 for 2024
All nonprofits in ALEXANDRIA · Minnesota · Public and societal benefit