As filed with the Securities and Exchange Commission on May 29, 2015.

Registration No. -_____________

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C.  20549

____________________________

FORM S-8

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

____________________________

NEW ULM TELECOM, INC.

(Exact name of registrant as specified in its charter)

Minnesota

41-0040990

(State or other jurisdiction of

(I.R.S. Employer

incorporation or organization)

Identification No.)

27 North Minnesota Street

New Ulm, Minnesota 56073

(Address of principal executive offices and zip code)

____________________________

New Ulm Telecom, Inc.

2015 Employee Stock Plan

(Full title of the Plan)

____________________________

	Copy to:
Curtis O. Kawlewski	Thomas G. Lovett, IV
Chief Financial Officer	Lindquist & Vennum, P.L.L.P.
New Ulm Telecom, Inc.	4200 IDS Center
27 North Minnesota Street	80 South 8th Street
New Ulm, Minnesota  56073	Minneapolis, Minnesota  55402
507-354-4111	612-371-3211

(Name, address and telephone number, including area code, of agent for service)

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.  See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the exchange Act. (Check one):

Large accelerated filer

Accelerated filer  

Non-accelerated filer  

Smaller reporting company X
(Do not check if a smaller reporting company)

CALCULATION OF REGISTRATION FEE

Title of Securities to be Registered	Amount to be Registered (1)	Proposed Maximum Offering Price Per Share	Proposed Maximum Aggregate Offering Price	Amount of Registration Fee
Common Stock, $1.66 par value per share	200,000	$7.10	$1,420,000 _________	$165.00

(1)

Estimated solely for the purpose of determining the registration fee pursuant to Rule 457(c) and (h) and based upon the closing price of the Company's common stock on the OTC Bulletin Board on May 28, 2015.

INTRODUCTION

This Registration Statement on Form S-8 is filed by New Ulm Telecom, Inc., a Minnesota corporation, (the "Company") to register 200,000 shares of its common stock issuable under its 2015 Employee Stock Plan.

PART I

Pursuant to the note to Part I of Form S-8, the information required by Items 1 and 2 of Form S-8 is not filed as a part of this Registration Statement.

PART II

Item 3.  Incorporation of Documents by Reference.

The following documents filed with the Securities and Exchange Commission are hereby incorporated by reference:

(a)

The Company's Annual Report on Form 10-K for the year ended December 31, 2014;

(b)

The Company's definitive Proxy Statement dated April 15, 2015 for the Annual Meeting of Shareholders held on May 28, 2015;

(c)

The Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2015;

(d)

The Company's Current Reports on Form 8-K dated January 6, 2015 and February 24, 2015;

(e)

All other reports filed pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act since the end of the year ended December 31, 2014; and

(f)

The description of the Company's Common Stock to be offered pursuant to the Registration Statement on Form 10, dated April 18, 1968, as amended, (Registration Statement No. 0-3024) including any amendment or report filed for the purpose of updating this description.

All documents subsequently filed by the Company pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Securities Exchange Act of 1934 prior to the completion or termination of this offering of shares of Common Stock shall be deemed to be incorporated by reference in this Registration Statement and to be a part hereof from the date of filing of such documents.

Item 4.  Description of Securities.

The description of the Company's Common Stock to be offered pursuant to this Registration Statement has been incorporated by reference into this Registration Statement as described in Item 3 of this Part II.

Item 5.  Interests of Named Experts and Counsel.

Not applicable.

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Item 6.  Indemnification of Directors and Officers.

Section 302A.521 of the Minnesota Statutes and Section 9(a) of the Company's Restated Bylaws as Amended require, among other things, the indemnification of any person made or threatened to be made a party to a proceeding by reason of acts or omissions performed in the person's official capacity as an officer, director, employee or agent of the Company against judgments, penalties and fines (including attorneys' fees) if the person is not otherwise indemnified, acted in good faith, received no improper benefit, reasonably believed that such conduct was in the best interests of the Company, and, in the case of criminal proceedings, had no reason to believe the conduct was unlawful.  In addition, Section 302A.521, subd. 3, of the Minnesota Statutes requires payment by the Company, upon written request, of reasonable expenses in advance of final disposition in certain instances if a decision as to required indemnification is made by a disinterested majority of the Board of Directors present at a meeting at which a disinterested quorum is present, or by a designated committee of the Board, by special legal counsel, by the shareholders or by a court.  

Item 7.  Exemption from Registration Claimed.

Not applicable.

Item 8.  Exhibits.

Exhibit

4.1

New Ulm Telecom, Inc. 2015 Employee Stock Plan, incorporated by reference to Appendix A to the definitive proxy statement dated April 15, 2015 for the Annual Meeting of Shareholders held on May 28, 2015.

23.1

Opinion and Consent of Lindquist & Vennum LLP

23.2

Consent of Olsen Thielen & Co. Ltd., the Company's Independent Registered Public Accounting Firm

24.1

Power of Attorney (included on signature page)

Item 9.  Undertakings.

(a)

The Company hereby undertakes to:

(1) To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:

(i)  To include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such information in the registration statement;

(2) That, for the purpose of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

(3) To remove from registration by means of a post-effective amendment any of the securities being registered that remain unsold at the termination of the offering.

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(4) The undersigned registrant hereby undertakes that, for purposes of determining any liability under the Securities Act of 1933, each filing of the registrant's annual report pursuant to Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934 that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

(5) Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers, and controlling persons of the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable.  In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer, or controlling person of the registrant in the successful defense of any action, suit, or proceeding) is asserted by such director, officer, or controlling person connected with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication.

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SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of New Ulm, State of Minnesota, on May 28, 2015.

NEW ULM TELECOM, INC.

By        /s/ Bill D. Otis__________________________

Bill D. Otis

President and Chief Executive Officer

POWER OF ATTORNEY

The undersigned officers and directors of NEW ULM TELECOM, INC. hereby constitute and appoint Bill D. Otis and Curtis O. Kawlewski, each acting alone, with power to act as our true and lawful attorney-in-fact and agent, with full power of substitution and re-substitution, for us and in our stead, in any and all capacities to sign any and all amendments (including post-effective amendments) to this Registration Statement and all documents relating thereto, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, granting unto each attorney-in-fact and agent, full power and authority to do and perform each and every act and thing necessary or advisable to be done in and about the premises, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that each attorney-in-fact and agent, or his or her substitutes, may lawfully do or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Act of 1933, as amended, this registration statement has been signed below by the following persons in the capacities indicated on May 28, 2015.

/s/ Bill D. Otis__________________ Bill D. Otis	Chief Executive Officer, President (principal executive officer)
/s/ Curtis O. Kawlewski Curtis O. Kawlewski	Chief Financial Officer (principal financial and accounting officer)
/s/ Perry L. Meyer Perry L. Meyer	Director, Chair of the Board
/s/ James P. Jensen James P. Jensen	Director
/s/ Duane D. Lambrecht Duane D. Lambrecht	Director
/s/ Dennis E. Miller Dennis E. Miller	Director
/s/ Wesley E. Schultz Wesley E. Schultz	Director
/s/ Colleen R. Skillings Colleen R. Skillings	Director
/s/ Suzanne M. Spellacy Suzanne M. Spellacy	Director

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