NRECA is a trade / professional association based in Arlington, VA that was founded in 1942. As of 2019 they had $194 million in revenue and $207 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.
Regulatory, legal, and legislative: nreca provides support services to voting members related to compliance, legal, and regulatory issues. In addition, nreca educates and advocates to members of congress and their staff, federal agencies, and the administration on policy issues impacting nreca voting members and the 42 million consumer-members served by nreca voting members, and keeps our membership involved with the legislative process.
Multiple employer benefit plan administration: nreca provides plan administration services on a cost reimbursable basis to three multiple employer benefit programs in which most nreca voting members can participate. They consist of two retirement programs, the nreca retirement security plan, which is a defined benefit pension plan and is exempt from income tax under irs section 401(a), and the nreca 401(k) pension plan, which is a defined contribution pension plan and is exempt from income tax under irs section 501. These two plans serve more than 60,000 active and retired employees of most nreca voting members. The third plan is the nreca group benefits program, which uses veba trust to provide medical, dental, vision, and disability coverage, and which provides life, ad&d, and business travel accident insurance, to most nreca voting members. This veba trust is exempt from income tax under irc section 501(c)(9).
Consulting, training, and conferences: nreca provides voting members with essential industry specific training as well as director, manager, and employee training; consulting related to the organization and process improvements, and industry and technological changes; and conferences and membership meetings, promoting collaboration and networking.
Fiscal year ending | Date received by IRS | Form | PDF link |
---|---|---|---|
2018-12 | Oct 30, 2019 | 990 | View PDF |
2017-12 | Mar 8, 2019 | 990O | View PDF |
2016-12 | Jan 18, 2018 | 990 | View PDF |
2015-12 | Apr 6, 2017 | 990O | View PDF |
2015-12 | Dec 14, 2016 | 990O | View PDF |
...and 11 more Form 990 PDFs |
Field | 2018 |
---|---|
Total grants, contributions, etc. | $0 |
Program services | $177,462,598 |
Investment income and dividends | $601,637 |
Tax-exempt bond proceeds | $0 |
Royalty revenue | $764,289 |
Net rental income | $4,581,909 |
Net gain from sale of non-inventory assets | $0 |
Net income from fundraising events | $0 |
Net income from gaming activities | $0 |
Net income from sales of inventory | $0 |
Miscellaneous revenues | $10,669,726 |
Total revenues | $194,080,159 |
Vendor | Services | Amount paid | Date |
---|---|---|---|
Cliftonlarsonallen LLP | Accounting (including auditing); Audit accounting | $61,699 | 2019-09-30 |
█████████ | Content management system software | 2019-08-18 | |
███████ ███ ██████ ███ | Research and Consulting Services | $469,862 | 2018-12-01 |
████████ ██████ | Magazine Advertising Sales | $487,581 | 2018-12-01 |
████████ ██ | Software Consulting Services | $557,433 | 2018-12-01 |
██████ ███████████ ████████ ███ | Software Consulting Services | $799,676 | 2018-12-01 |
████████ ████████ ███ | Consulting Services | $744,884 | 2018-12-01 |
██ ██████ █████ | $37,785 | 2016-12-31 | |
...and 171 more vendors |
Name | Title | Compensation | Most recent data |
---|---|---|---|
Jim Matheson | Chief Executive Officer | $1.4 million | Oct. 3, 2020 |
Mark Santero | President and Chief Executive Officer | - | Oct. 3, 2020 |
████ ███ ███ | Chief Executive Officer | - | Oct. 3, 2020 |
███████ ██████ | Chief Operating Officer | $514,126 | Oct. 3, 2020 |
███ █████████ | Senior Vice President and Chief Information Officer | $433,640 | Dec. 31, 2018 |
█████ ██ ██████ | Chief Information Officer | - | Oct. 3, 2020 |
█████ ██████ | Chief of Staff | - | Oct. 3, 2020 |
████████ ██████ | Chief Risk and Compliance Officer | - | Oct. 3, 2020 |
████████ ████████ | Senior Vice President , Finance / Assistant Treas; SR Vice President , Financ | $373,019 | Oct. 3, 2020 |
██ █████ ████████ | Senior Vice President, Communications | - | Oct. 3, 2020 |
...and 24 more key personnel |