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 2017 they had $178 million in revenue and $187 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:

nreca.coop

Phone:

(703) 907-5500

Type:

501(c)(6)

Revenue:

$178,794,177

Assets:

$187,608,149

Employees:

856

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 eight 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
Non-cash contributions	$0	$0
Program services	$160,322,292	$155,657,230	3.0%
Investment income and dividends	$178,981	$133,742	33.8%
Tax-exempt bond proceeds	$0	$0
Royalty revenue	$752,217	$600,651	25.2%
Net rental income	$5,875,693	$5,751,184	2.2%
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	$9,442,682	$9,071,321	4.1%
Total revenues	$178,794,177	$173,026,237	3.3%

Field	2016	2015	% 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.	$10,881,025	$12,163,983	-10.5%
Compensation not included above, to disqualified persons	$0	$0
Non-officer salaries and wages	$69,367,579	$70,612,189	-1.8%
Pension/retirement accruals and contributions	$18,162,830	$17,624,101	3.1%
Other employee benefits	$10,266,208	$10,966,409	-6.4%
Payroll taxes	$5,272,887	$5,602,056	-5.9%
Management fees	$184,065	$390,425	-52.9%
Legal fees	$2,414,868	$1,953,789	23.6%
Accounting fees	$131,541	$101,862	29.1%
Lobbying fees	$572,289	$649,445	-11.9%
Pro. fundraising fees	$0	$0
Investment mgmt fees	$0	$0
Other fee-for-service	$14,896,631	$14,244,615	4.6%
Advertising and promotion	$481,245	$467,192	3.0%
Office expenses	$3,862,991	$3,380,400	14.3%
Information tech. expenses	$1,796,949	$1,616,270	11.2%
Royalty expenses	$0	$0
Occupancy	$2,368,770	$2,424,110	-2.3%
Travel	$6,010,935	$6,152,362	-2.3%
Public official travel and entertainment	$0	$0
Conferences, meetings, etc.	$6,167,680	$6,088,822	1.3%
Interest	$0	$0
Payments to affiliates	$0	$0
Depreciation, amortization, etc.	$6,288,862	$6,224,168	1.0%
Insurance	$445,295	$388,517	14.6%
All other expenses	$21,359,319	$15,297,275	39.6%
Total expenses	$180,931,969	$176,347,990	2.6%

Field	2016	2015	% Change
Cash (non-interest-bearing)	$0	$0
Savings, short-term investments, etc.	$16,863,976	$22,059,388	-23.6%
Pledges and grants receivable	$0	$0
Accounts receivable	$35,027,613	$31,602,376	10.8%
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	$39,673	$41,467	-4.3%
Prepaid expenses and deferred charges	$5,520,917	$4,428,292	24.7%
Buildings, equipment, etc. post-depreciation	$88,210,329	$87,740,386	0.5%
Investments, publicly traded securities	$16,120,992	$143,762	11113.7%
Investments, other securities	$13,334,179	$21,022,312	-36.6%
Investments, program-related	$0	$0
Intangible assets	$0	$0
Other assets	$12,490,470	$12,666,666	-1.4%
Total assets	$187,608,149	$179,704,649	4.4%

Field	2016	2015	% Change
Accounts payable and accrued expenses	$19,795,839	$21,982,661	-9.9%
Grants payable	$0	$0
Deferred revenue	$44,559,734	$36,822,690	21.0%
Tax-exempt bond liabilities	$0	$0
Escrow or custodial account liability	$355,630	$370,139	-3.9%
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	$33,767,033	$33,270,737	1.5%
Total liabilities	$98,478,236	$92,446,227	6.5%

Field	2016	2015
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
Cliftonlarsonallen LLP	Accounting (including auditing); Audit accounting	$61,699	2018-09-28
█████████	Content management system software		2018-07-23
████ █████ ███████████	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
██████████ █████ ███████	Investment management		2016-12-31
...and 171 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	Investment Company Institute (ICI)	501(c)(6)	$73 million	Washington, DC
2	The Computing Technology Industry Association	501(c)(6)	$68 million	Downers Grove, IL
3	Association of American Railroads (AAR)	501(c)(6)	$59 million	Washington, DC
4	United States Chamber of Commerce (USCC)	501(c)(6)	$159 million	Washington, DC
5	International Swaps and Derivatives Association (ISDA)	501(c)(6)	$56 million	New York, NY
6	Semiconductor (SEMI)	501(c)(6)	$46 million	Milpitas, CA
7	America's Health Insurance Plans (AHIP)	501(c)(6)	$64 million	Washington, DC
8	GS1 Us	501(c)(6)	$59 million	Lawrenceville, NJ
9	International Council of Shopping CENTERS	501(c)(6)	$81 million	New York, NY
10	National Restaurant Association (NRA)	501(c)(6)	$110 million	Washington, DC
11	American Bankers Association (ABA)	501(c)(6)	$111 million	Washington, DC
12	American Chemistry Council (ACC)	501(c)(6)	$123 million	Washington, DC
13	Nuclear Energy Institute (NEI)	501(c)(6)	$57 million	Washington, DC
14	Specialty Equipment Market Association	501(c)(6)	$46 million	Diamond Bar, CA
15	Linux Foundation	501(c)(6)	$61 million	San Francisco, CA
16	CTIA-The Wireless Association	501(c)(6)	$70 million	Washington, DC
17	Securities Industry and Financial Markets Association (SIFMA)	501(c)(6)	$46 million	New York, NY
18	Mortgage Bankers Association (MBA)	501(c)(6)	$62 million	Washington, DC
19	National Retail Federation (NRF)	501(c)(6)	$59 million	Washington, DC
20	National Business Aviation Association (NBAA)	501(c)(6)	$47 million	Washington, DC
21	Packaging Machinery Manufacturers Institute (PMMI)	501(c)(6)	$58 million	Reston, VA
22	Credit Union National Association (CUNA)	501(c)(6)	$57 million	Washington, DC
23	Institute of Electrical and Electronics Engineers (IEEE)	501(c)(3)	$494 million	Piscataway, NJ
24	National Association of Home Builder (NAHB)	501(c)(6)	$65 million	Washington, DC
25	American Bureau of Shipping (ABS)	501(c)(6)	$484 million	Spring, TX

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