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Filing year 2024

KALONA COOPERATIVE TELEPHONE COMPANY

Kalona, Iowa·EIN 42-0650488·12
Total revenue
$9.5M
Total assets
$21.8M
Total expenses
$9.4M
Reported officers
11
Mission

TO PROVIDE TELECOMMUNICATION SERVICES TO ITS MEMBERS.

Executive compensation, broken down

Form 990 · Schedule J · 11 reported individuals · Filing year 2024

Cfo/gm
officer (unspecified)
$223k
$240k
Base
$160k
Bonus
$26k
Other
Benefits
$32k
Assistant Manager
highest compensated employee
$166k
$179k
Base
$124k
Bonus
$12k
Other
Benefits
$27k
Operations Manager
highest compensated employee
$145k
$155k
Construction Manager
highest compensated employee
$119k
$128k
Director
board member
$11k
$12k
$11k
$11k
Vice President
vice president
$10k
$11k
Secretary
officer (unspecified)
$9k
$10k
Director
board member
$8k
$9k
Director
board member
$8k
$8k
Director
board member
$8k
$8k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Down 16%
from 2023

From $267k in 2023 to $223k in 2024.

$267k
2023
$223k
2024
In today's dollarsEst.
Down 19% in real terms$295k to $240k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

KALONA COOPERATIVE TELEPHONE COMPANY reported revenue and expenses across 2 filing years.

RevenueExpenses
$8.3M
$8.5M
2023
$9.5M
$9.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
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