Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 35-0914373

HANCOCK RURAL TELEPHONE CORPORATION

Also known as NINESTAR CONNECT

Tax-exempt · GREENFIELD, IN 46140

Financials

$61.8M$58.2M2023$67.1M$62.8M2024
Revenue Expenses · by fiscal year end
Financials of HANCOCK RURAL TELEPHONE CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$67,076,687$62,788,915$4,287,772$276,204,374$71,778,857$204,425,517
December 31, 2023990$61,799,832$58,214,132$3,585,700$256,602,138$62,782,970$193,819,168
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$63,971,360
Investment income
$1,519,954
Net rental income
$11,891
Net gain from sales of assets
$355,540
Other revenue
$1,585,373

Expenses

Grants and similar amounts paid
$24,000
Benefits paid to members
$1,651,887
Compensation of officers, directors and key employees
$2,349,876
Salaries, compensation and benefits (total)
$2,349,876
Professional fundraising fees
$0
Depreciation
$8,322,142
Program services (functional)
$62,788,915

Balance sheet and other

Total assets, start of year
$256,602,138
Total assets, end of year
$276,204,374
Total liabilities, end of year
$71,778,857
Net assets, end of year
$204,425,517
Land, buildings and equipment
$113,725,158
Gross unrelated business income
$17,936
Gross receipts
$71,522,698
Employees
16
Volunteers
0
Year formed
1950
State of legal domicile
IN

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
MIKE BURROWPRESIDENT & CEO
Officer
50$387,421$0$123,082
SCOTT HIATTSENIOR VICE PRESIDENT
Officer
48$244,907$0$87,914
ROSS FERSONCHIEF TECHNOLOGY OFFICER
Officer
47$198,801$0$69,109
REGINA BEVERVP OF ADMINISTRATION
Officer
44$188,527$0$59,303
JULIE LYNCHDIRECTOR OF SALES
Highest-paid employee
45$0$197,230$43,397
SARA PECHINVP OF HUMAN RESOURCES
Officer
44$0$191,431$35,900
THOMAS NANCEVP OF OPERATIONS
Officer
49$165,908$0$58,471
GEORGE PLISINSKIVP OF ENGINEERING
Officer
49$0$172,904$51,379
BRYAN GIDDINGSLEAD LINEMAN
Highest-paid employee
51$165,131$0$40,341
KORY CHAPMANLEAD LINEMAN
Highest-paid employee
48$145,090$0$52,889
SHIRA DANKERDIRECTOR OF SECURITY SERVICES
Highest-paid employee
47$0$146,602$47,609
AUSTIN GEARLDSLEAD LINEMAN
Highest-paid employee
47$144,057$0$36,915
BRADLEY RENNIERVP OF FINANCE
Officer
47$0$61,449$9,020
RAYMOND KERKHOFCHAIRMAN
Trustee or director, Officer
7$21,300$0$0
CHARLES KENNEDYVICE CHAIRMAN
Trustee or director, Officer
7$18,650$0$0
13 more people on this return
NameTitleHours / weekCompensation
PHILIP HAYESDIRECTOR
Trustee or director
7$18,200
MARK EVANSSECRETARY/TREASURER
Trustee or director, Officer
4$18,050
JACK NEGLEYDIRECTOR
Trustee or director
6$17,700
SUSAN BODKINDIRECTOR
Trustee or director
3$17,700
THOMAS ORDINGDIRECTOR
Trustee or director
5$17,700
JOSEPH PAXTONDIRECTOR
Trustee or director
5$17,700
SCOTT PITTMANDIRECTOR
Trustee or director
6$17,700
ROBIN RICHEYDIRECTOR
Trustee or director
7$17,700
TIMOTHY BRYANTDIRECTOR
Trustee or director
4$17,700
RICHARD GRIFFINDIRECTOR
Trustee or director
5$17,700
JAN COCHARDDIRECTOR
Trustee or director
6$14,775
STEPHEN VAILDIRECTOR
Trustee or director
1$5,925
DARRELL THOMASDIRECTOR EMERTITUS
Trustee or director
4$5,850
990 for the year ended December 31, 2023: 25 people
NameTitleHours / weekCompensationOther / benefits
MIKE BURROWPRESIDENT & CEO
Officer
50$371,927$123,893
SCOTT HIATTCHIEF FINANCIAL OFFICER
Officer
47$220,426$79,508
ROSS FERSONCHIEF TECHNOLOGY OFFICER
Officer
45$188,872$63,366
REGINA BEVERVP OF ADMINISTRATION
Officer
43$179,382$53,466
JEFF CONLEYVP OF OPERATIONS
Officer
44$153,151$51,781
BRYAN GIDDINGSLEAD LINEMAN
Highest-paid employee
52$163,458$39,406
THOMAS NANCEDIRECTOR OF ELECTRIC OPERATIONS
Highest-paid employee
49$134,351$50,501
KORY CHAPMANJORNEYMAN LINEMAN
Highest-paid employee
48$129,697$51,630
AUSTIN GEARLDSJORNEYMAN LINEMAN
Highest-paid employee
48$137,227$36,145
JAMIE BELLCONSTRUCTION ENGINEER
Highest-paid employee
52$121,076$49,499
RAYMOND KERKHOFCHAIRMAN
Trustee or director, Officer
8$21,300$0
PHILIP HAYESDIRECTOR
Trustee or director
8$18,400$0
CHARLES KENNEDYSECRETARY/TREASURER
Trustee or director, Officer
5$18,300$0
STEPHEN VAILVICE CHAIRMAN
Trustee or director, Officer
7$18,200$0
JACK NEGLEYDIRECTOR
Trustee or director
6$17,700$0
SUSAN BODKINDIRECTOR
Trustee or director
5$17,700$0
THOMAS ORDINGDIRECTOR
Trustee or director
5$17,700$0
JOSEPH PAXTONDIRECTOR
Trustee or director
5$17,700$0
SCOTT PITTMANDIRECTOR
Trustee or director
6$17,700$0
ROBIN RICHEYDIRECTOR
Trustee or director
6$17,700$0
TIMOTHY BRYANTDIRECTOR
Trustee or director
4$17,700$0
RICHARD GRIFFINDIRECTOR
Trustee or director
7$14,775$0
MARK EVANSDIRECTOR
Trustee or director
5$14,500$0
JAMES CHERRYDIRECTOR
Trustee or director
7$5,925$0
DARRELL THOMASDIRECTOR
Trustee or director
2$3,413$0

Address and contacts

Address (IRS master file)
2243 E MAIN ST, GREENFIELD, IN 46140-8135
Principal officer (990 for 2024)
SCOTT HIATT, 2243 E MAIN, GREENFIELD, IN 46140
Signed the 990
SCOTT HIATT, SENIOR VICE PRESIDENT
Phone
(317) 326-3131
Return prepared by
ALDRICH CPAS AND ADVISORS LLP

Mission

PROVIDE VARIOUS ELECTRIC, TELECOMMUNICATIONS, WATER, AND SEWER PRODUCTS AND SERVICES TO COOPERATIVE CUSTOMERS IN A 8-COUNTY AREA OF EAST CENTRAL INDIANA.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDES ELECTRIC, TELECOMMUNICATIONS, WATER AND SEWER PRODUCTS AND SERVICES TO COOPERATIVE CUSTOMERS IN A 8-COUNTY AREA OF EAST CENTRAL INDIANA. AS OF DECEMBER 31, 2024, THE NUMBER OF ELECTRIC SERVICES TOTALED 19,338, 11,866 BROADBAND CUSTOMERS, 1,283 WATER CUSTOMERS AND 139 SEWER UTILITY CUSTOMERS.
    Expenses $62,788,915 · grants $24,000

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
35-0914373
Tax-exempt status
501(c)(12): Benevolent life insurance association or mutual company
Exempt since
1962
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$276,204,374
Income (IRS master file)
$71,522,698

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$67,076,687$62,788,915$276,204,374IRS
990December 2023$61,799,832$58,214,132$256,602,138XML
990December 2022$58,752,932$56,884,228$234,385,558IRS
990December 2018–––IRS

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 35-0914373).

Questions about HANCOCK RURAL TELEPHONE CORPORATION

What is the EIN of HANCOCK RURAL TELEPHONE CORPORATION?
The employer identification number (EIN) of HANCOCK RURAL TELEPHONE CORPORATION is 35-0914373.
Is HANCOCK RURAL TELEPHONE CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(12) since 1962.
Which annual return does HANCOCK RURAL TELEPHONE CORPORATION 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 HANCOCK RURAL TELEPHONE CORPORATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HANCOCK RURAL TELEPHONE CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of HANCOCK RURAL TELEPHONE CORPORATION?
The 990 for the year ended December 31, 2024 names SCOTT HIATT.
Who are the officers and directors of HANCOCK RURAL TELEPHONE CORPORATION?
The 990 for the year ended December 31, 2024 lists 28 people; 23 received compensation from the organization, the highest $387,421 (MIKE BURROW, PRESIDENT & CEO).
How much revenue does HANCOCK RURAL TELEPHONE CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $67,076,687, expenses of $62,788,915 and total assets of $276,204,374 at year end.

Other nonprofits in GREENFIELD

All nonprofits in GREENFIELD · Indiana