Mission
To serve our members with safe, reliable and affordable electricity.
Public Charity
RUNESTONE ELECTRIC ASSOCIATION
RUNESTONE ELECTRIC ASSOCIATION is a nonprofit organization categorized as Public Charity based in Alexandria, MN. Its most recent IRS filing (2025) reports revenue of $37.5M, expenses of $37.5M, total assets of $111.5M.
EIN: 410223597
Alexandria, MN
Latest filing: 2025
Total Revenue$37.5M
Total Expenses$37.5M
Total Assets$111.5M
Grant Records0
Filing Years2021–2025
Officers & Directors
CEO
Alan Haman
Director
Barbara Johnson
Line Superintendent
David Jablonski
Director
David Staples
Director
Gary Anderson
Manager of Finance
Janet Nelson
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $37.5M | $37.5M | $111.5M |
| 2024 | $33.4M | $33.4M | $108.3M |
| 2023 | $33.0M | $33.0M | $103.0M |
| 2022 | $31.8M | $31.8M | $102.6M |
| 2021 | $31.3M | $31.3M | $99.2M |
Between 2021 and 2025, reported annual revenue grew from $31.3M to $37.5M (+20%), with total assets most recently reported at $111.5M.
Interactive year-over-year charts and full filing details available with membership.