Hancock Rural Telephone Corporation

Ninestar Connect

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 350914373 ✦ Greenfield, IN ✦ Designated as a 501(c)(12)

Overview

What is Hancock Rural Telephone Corporation?

Hancock Rural Telephone Corporation, operating under the name Ninestar Connect, is a nonprofit corporation based in Greenfield, Indiana. With a team of 18 dedicated employees, they provide essential services to cooperative customers in an eight-county area of East Central Indiana. Their offerings include electric power, broadband telecommunications, water, and sewer utilities. As of December 31, 2022, Ninestar Connect had 17,870 electric services, 10,830 broadband customers, 1,031 water utility customers, and 123 sewer utility customers. Their mission is to deliver superior electric and telecommunications products and services to their customers, ensuring a better quality of life in the community.


Official website here: www.ninestarconnect.com

Is Hancock Rural Telephone Corporation legitimate?

Hancock Rural Telephone Corporation is a legitimate nonprofit organization registered as a 501(c)(12) entity. Hancock Rural Telephone Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,630,670
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ninestarconnect.com

What is the mission statement of Hancock Rural Telephone Corporation?

Hancock Rural Telephone Corporation Dba Ninestar Connect is dedicated to delivering a range of electric, telecommunications, water, and sewer products and services to cooperative customers in an eight-county area. Their mission is to provide superior solutions for the communities they serve. As of December 31, 2022, they catered to 17,870 electric customers, 10,830 broadband users, 1,031 water clients, and 123 sewer utility consumers. The cooperative prioritizes delivering essential utilities to enhance the quality of life for its customer base.


Official website here: www.ninestarconnect.com

Who is the CEO of Hancock Rural Telephone Corporation?

Scott Hiatt is the Chairman of Hancock Rural Telephone Corporation. The CEO's salary of Hancock Rural Telephone Corporation is $351,755 and their total compensation is $468,897.


Official website here: www.ninestarconnect.com

What is the revenue of Hancock Rural Telephone Corporation?

Hancock Rural Telephone Corporation's revenue in 2022 was $58,752,932.


Official website here: www.ninestarconnect.com

Who are the executives of Hancock Rural Telephone Corporation and what are their salaries?

The average compensation at Hancock Rural Telephone Corporation during 2022 was $90,593. There are 18 employees at Hancock Rural Telephone Corporation.

Here are 25 key members and their salaries (Hancock Rural Telephone Corporation's CEO's salary is $351,755 and their total compensation is $468,897):

    Mike Burrow (President & Ceo)
  • Compensation: $351,755
  • Related: $0
  • Other: $117,142

    • Scott Hiatt (Chief Financial Officer)
  • Compensation: $211,104
  • Related: $0
  • Other: $76,435

    • Ross Ferson (Chief Technology Officer)
  • Compensation: $178,671
  • Related: $0
  • Other: $58,234

    • Regina Bever (Vp Of Administration)
  • Compensation: $169,040
  • Related: $0
  • Other: $52,012

    • Jeff Conley (Vp Of Operations)
  • Compensation: $167,640
  • Related: $0
  • Other: $51,287

    • Bryan Giddings (Lead Lineman)
  • Compensation: $159,703
  • Related: $0
  • Other: $37,390

    • Brian Dowden (Director Of Network Operations)
  • Compensation: $120,560
  • Related: $0
  • Other: $56,067

    • Kory Chapman (Jorneyman Lineman)
  • Compensation: $123,476
  • Related: $0
  • Other: $49,306

    • Jamie Bell (Construction Engineer)
  • Compensation: $123,054
  • Related: $0
  • Other: $48,882

    • Austin Gearlds (Jorneyman Lineman)
  • Compensation: $131,593
  • Related: $0
  • Other: $34,194

    • Raymond Kerkhof (Chairman) [Trustee/Director]
  • Compensation: $18,000
  • Related: $0
  • Other: $0

    • Stephen Vail (Vice Chairman) [Trustee/Director]
  • Compensation: $15,600
  • Related: $0
  • Other: $0

    • Charles Kennedy (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $14,850
  • Related: $0
  • Other: $0

    • Mark Evans (Director)
  • Compensation: $14,500
  • Related: $0
  • Other: $0

    • James Cherry (Director)
  • Compensation: $14,400
  • Related: $0
  • Other: $0

    • Jack Negley (Director)
  • Compensation: $14,400
  • Related: $0
  • Other: $0

    • Philip Hayes (Director)
  • Compensation: $14,400
  • Related: $0
  • Other: $0

    • Joseph Paxton (Director)
  • Compensation: $14,400
  • Related: $0
  • Other: $0

    • Scott Pittman (Director)
  • Compensation: $14,400
  • Related: $0
  • Other: $0

    • Robin Richey (Director)
  • Compensation: $14,400
  • Related: $0
  • Other: $0

    • Timothy Bryant (Director)
  • Compensation: $14,400
  • Related: $0
  • Other: $0

    • Susan Bodkin (Director)
  • Compensation: $12,000
  • Related: $0
  • Other: $0

    • Thomas Ording (Director)
  • Compensation: $12,000
  • Related: $0
  • Other: $0

    • Darrell Thomas (Director)
  • Compensation: $7,200
  • Related: $0
  • Other: $0

    • Shelly Kleiman (Director)
  • Compensation: $2,400
  • Related: $0
  • Other: $0


  • Official website here: www.ninestarconnect.com

    Where can I find the form 990 for Hancock Rural Telephone Corporation?

    The Hancock Rural Telephone Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ninestarconnect.com

    Learn more at the official website: www.ninestarconnect.com

    Mission Statement of Hancock Rural Telephone Corporation

    Hancock Rural Telephone Corporation Dba Ninestar Connect, a cooperative organization, is dedicated to delivering superior electric and telecommunications, water, and sewer products and services to its customers in a eight-county region of East Central Indiana. The mission of Ninestar Connect is to provide essential utilities that enhance the quality of life for its community members.

    With a focus on customer satisfaction and reliability, Ninestar Connect offers a range of services to meet the daily needs of its cooperative customers. As of December 31, 2022, the organization serves over 17,000 electric customers, 10,830 broadband customers, 1,031 water utility customers, and 123 sewer utility customers. By combining various utilities under one umbrella, Ninestar Connect strives to simplify the lives of its customers, ensuring a one-stop solution for their essential services.

    The electric division of Ninestar Connect is committed to maintaining a robust power grid and ensuring consistent power delivery to its customers. Meanwhile, the telecommunications sector of the organization offers advanced broadband services, enabling residents and businesses to stay connected in today's digital world. Additionally, the provision of water and sewer utilities ensures that residents have access to clean, reliable water and proper waste management systems. Together, these services empower the communities Ninestar Connect serves, enabling them to thrive and grow.

    Impact

    This information is meant to be a general summary of Hancock Rural Telephone Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Hancock Rural Telephone Corporation's impact lies in providing superior electric and various telecommunication products and services to customers in a wide area of East Central Indiana. By offering essential services such as electricity, broadband internet, water, and sewer utilities to cooperative customers in the region, the corporation plays a crucial role in supporting the daily lives and economic activities of individuals and businesses in the community. Through its services, Hancock Rural Telephone Corporation contributes to the overall development and well-being of the 8-county area it serves, ensuring that residents have access to reliable utilities that are essential for modern living.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $455,613
  • Program Service Revenue: $58,157,731
  • Gross Receipts: $77,962,802

    • Assets and Liabilities:
  • Total Assets: $234,385,558
  • Total Liabilities: $49,814,636
  • Net Assets: $184,570,922
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ELECTRIC SERVICES

    Revenue

    $45,490,206

    TELECOMMUNICATIONS SERVICES

    Revenue

    $11,694,696

    WATER REVENUE

    Revenue

    $829,083

    SEWER REVENUE

    Revenue

    $143,746

    Organization Details

    Founding Year

    1950

    Principal Officer

    Scott Hiatt

    Main Address

    2243 E MAIN, GREENFIELD, IN, 46140

    NTEE Category

    Code: W50 - Public benefit

    If you are a representative of Hancock Rural Telephone Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.