Cause IQ organization profile

National Rural Electric Cooperative Association (NRECA)

NRECA is a trade / professional association based in Arlington, VA that was founded in 1942. As of 2018 they had $183 million in revenue and $195 million in assets.

The National Rural Electric Cooperative Association is the national organization dedicated to representing the interests of electric cooperatives and the consumers they serve.

EIN:

53-0116145

City:

Arlington

State:

Virginia

Metro:

Washington-Arlington-Alexandria, DC-VA-MD-WV

NTEE:

S41: Trade / professional associations and chambers of commerce

Website:

electric.coop

Phone:

(703) 907-5500

Type:

501(c)(6)

Revenue:

$183,539,461

Assets:

$195,222,962

Employees:

844

Fiscal year end:

December

Founded:

1942

Revenue trends:

Asset trends:

Form 990s for NRECA

Fiscal year ending	Date received by IRS	Form	PDF link
2016-12	Jan 18, 2018	990	View PDF
2015-12	Apr 6, 2017	990O	View PDF
2015-12	Dec 14, 2016	990O	View PDF
2014-12	Jan 26, 2016	990O	View PDF
2014-12	Dec 29, 2015	990O	View PDF
...and nine more Form 990 PDFs

Financials for NRECA

Field	2016	2015	% Change
Federated campaigns	$0	$0
Membership dues	$0	$0
Fundraising event contributions	$0	$0
Related organizations	$0	$0
Government grants (contributions)	$2,222,312	$1,812,109	22.6%
Normal grants, contributions, etc.	$0	$0
<em>Non-cash contributions included in above</em>	$0	$0
Total grants, contributions, etc.	$2,222,312	$1,812,109	149.6%

Field	2017	2016	% Change
Total grants, contributions, etc.	$5,545,986	$2,222,312	149.6%
Program services	$162,355,669	$160,322,292	1.3%
Investment income and dividends	$281,286	$178,981	57.2%
Tax-exempt bond proceeds	$0	$0
Royalty revenue	$751,763	$752,217	-0.1%
Net rental income	$5,543,329	$5,875,693	-5.7%
Net gain from sale of non-inventory assets	$0	$0
Net income from fundraising events	$0	$0
Net income from gaming activities	$0	$0
Net income from sales of inventory	$0	$0
Miscellaneous revenues	$9,061,428	$9,442,682	-4.0%
Total revenues	$183,539,461	$178,794,177	2.7%

Field	2017	2016	% Change
Grants to govts. and orgs. in USA	$0	$0
Grants to individuals in USA	$0	$0
Grants to govts., orgs., and individuals outside USA	$0	$0
Benefits paid to or for members	$0	$0
Compensation of current officers, etc.	$8,595,132	$10,881,025	-21.0%
Compensation not included above, to disqualified persons	$0	$0
Non-officer salaries and wages	$73,887,183	$69,367,579	6.5%
Pension/retirement accruals and contributions	$25,227,184	$18,162,830	38.9%
Other employee benefits	$10,235,611	$10,266,208	-0.3%
Payroll taxes	$5,811,001	$5,272,887	10.2%
Management fees	$152,778	$184,065	-17.0%
Legal fees	$1,053,836	$2,414,868	-56.4%
Accounting fees	$113,265	$131,541	-13.9%
Lobbying fees	$423,299	$572,289	-26.0%
Pro. fundraising fees	$0	$0
Investment mgmt fees	$0	$0
Other fee-for-service	$12,609,829	$14,896,631	-15.4%
Advertising and promotion	$391,423	$481,245	-18.7%
Office expenses	$3,492,132	$3,862,991	-9.6%
Information tech. expenses	$1,483,830	$1,796,949	-17.4%
Royalty expenses	$0	$0
Occupancy	$2,372,093	$2,368,770	0.1%
Travel	$6,016,820	$6,010,935	0.1%
Public official travel and entertainment	$0	$0
Conferences, meetings, etc.	$6,130,167	$6,167,680	-0.6%
Interest	$0	$0
Payments to affiliates	$0	$0
Depreciation, amortization, etc.	$6,204,785	$6,288,862	-1.3%
Insurance	$505,639	$445,295	13.6%
All other expenses	$23,118,662	$21,359,319	8.2%
Total expenses	$187,824,669	$180,931,969	3.8%

Field	2017	2016	% Change
Cash (non-interest-bearing)	$0	$0
Savings, short-term investments, etc.	$11,343,136	$16,863,976	-32.7%
Pledges and grants receivable	$0	$0
Accounts receivable	$48,458,149	$35,027,613	38.3%
Loans receivable from officers, directors, etc.	$0	$0
Loans receivable from other disqualified persons	$0	$0
Notes and loans receivable	$0	$0
Inventories for use	$26,242	$39,673	-33.9%
Prepaid expenses and deferred charges	$5,437,858	$5,520,917	-1.5%
Buildings, equipment, etc. post-depreciation	$88,999,757	$88,210,329	0.9%
Investments, publicly traded securities	$8,105,096	$16,120,992	-49.7%
Investments, other securities	$19,090,319	$13,334,179	43.2%
Investments, program-related	$0	$0
Intangible assets	$0	$0
Other assets	$13,762,405	$12,490,470	10.2%
Total assets	$195,222,962	$187,608,149	4.1%

Field	2017	2016	% Change
Accounts payable and accrued expenses	$15,381,745	$19,795,839	-22.3%
Grants payable	$0	$0
Deferred revenue	$55,521,003	$44,559,734	24.6%
Tax-exempt bond liabilities	$0	$0
Escrow or custodial account liability	$703,617	$355,630	97.9%
Loans payable to officers and disqualified persons	$0	$0
Secured mortgages and notes payable to unrelated third parties	$0	$0
Unsecured notes and loans payable to unrelated third parties	$0	$0
Other liabilities	$34,639,049	$33,767,033	2.6%
Total liabilities	$106,245,414	$98,478,236	7.9%

Field	2017	2016
Unrestricted net assets	$0	$0
Temporarily restricted net assets	$0	$0
Permanently restricted net assets	$0	$0

Social media

Twitter

Open nrecanews Twitter page

Vendors for NRECA

Vendor	Services	Amount paid	Date
PayPal	Fundraising software; Payment processing		2019-08-18
█████████	Content management system software		2019-08-18
██████████████████ ███	Accounting (including auditing); Audit accounting	$61,699	2018-09-28
████ █████ ███████████	Consulting (general);	$11,892	2016-12-31
█████ ████ █████████ ███████	Insurance		2016-12-31
███ ██████████ ███████ ███	Investment management	$410,552	2016-12-31
█████ ███ ███████		$5,175	2016-12-31
██████ ███		$123,800	2016-12-31
...and 172 more vendors

Personnel at NRECA

Name	Title	Compensation	Most recent data
Jim Matheson	Chief Executive Officer	$580,647	July 13, 2019
Mark Santero	President and Chief Executive Officer	-	July 13, 2019
████ ███ ███	Chief Executive Officer	-	July 13, 2019
███████ ██████	Chief Operating Officer	$511,592	July 13, 2019
███ █████████	Senior Vice President and Chief Information Officer	$410,587	Jan. 27, 2018
█████ ██ ██████	Chief Information Officer	-	July 13, 2019
████████ ████████	Senior Vice President , Finance	$355,441	July 13, 2019
█ ██████ ██ █████ ████████	Senior Vice President, Communications	-	July 13, 2019
███ ██████	Vice President of Technology, Engineering and Economic Analysis	-	July 13, 2019
████ ███ █████	Vice President, Administration	$222,714	July 13, 2019
...and 27 more key personnel

Peer trade / professional associations and chambers of commerce

	Name	Type	Revenue	Location
1	Society for Human Resource Management (SHRM)	501(c)(6)	$131 million	Alexandria, VA
2	American Physical Therapy Association (APTA)	501(c)(6)	$48 million	Alexandria, VA
3	Cfa Institute	501(c)(6)	$321 million	Charlottesville, VA
4	American Society of Clinical Oncology (ASCO)	501(c)(3)	$144 million	Alexandria, VA
5	American Society of Civil Engineers (ASCE)	501(c)(3)	$55 million	Reston, VA
6	United Network for Organ Sharing (UNOS)	501(c)(3)	$58 million	Richmond, VA
7	Credit Union National Association (CUNA)	501(c)(6)	$57 million	Washington, DC
8	American Academy of Ophthalmology (AAO)	501(c)(6)	$61 million	San Francisco, CA
9	Motion Picture Association of America (MPAA)	501(c)(6)	$76 million	Sherman Oaks, CA
10	National Association of Broadcasters (NAB)	501(c)(6)	$112 million	Washington, DC
11	International Swaps and Derivatives Association (ISDA)	501(c)(6)	$58 million	New York, NY
12	Semiconductor (SEMI)	501(c)(6)	$46 million	Milpitas, CA
13	America's Health Insurance Plans (AHIP)	501(c)(6)	$64 million	Washington, DC
14	Association of American Railroads (AAR)	501(c)(6)	$59 million	Washington, DC
15	Pciaa Pci Acic	501(c)(6)	$53 million	Chicago, IL
16	The Computing Technology Industry Association	501(c)(6)	$68 million	Downers Grove, IL
17	National Association of Home Builder (NAHB)	501(c)(6)	$72 million	Washington, DC
18	Investment Company Institute (ICI)	501(c)(6)	$73 million	Washington, DC
19	United States Chamber of Commerce (USCC)	501(c)(6)	$159 million	Washington, DC
20	Massachusetts Medical Society	501(c)(6)	$145 million	Waltham, MA
21	American Medical Association	501(c)(6)	$317 million	Chicago, IL
22	American Society of Health-System Pharmacists (ASHP)	501(c)(6)	$51 million	Bethesda, MD
23	Information Systems Audit and Control Association (ISACA)	501(c)(6)	$62 million	Schaumburg, IL
24	National Restaurant Association (NRA)	501(c)(6)	$110 million	Washington, DC
25	LL Global	501(c)(6)	$50 million	Windsor, CT

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