National Rural Electric Cooperative Association

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 530116145 ✦ Arlington, VA ✦ Designated as a 501(c)(6)

Overview

What is National Rural Electric Cooperative Association?

The National Rural Electric Cooperative Association is a prominent nonprofit organization headquartered in the United States. Its primary role is to champion the causes of electric cooperatives and the consumers they serve on a national level. With a mission deeply rooted in advocacy, the Association strives to ensure the interests of these entities are well-represented.


Official website here: www.nreca.coop

Is National Rural Electric Cooperative Association legitimate?

National Rural Electric Cooperative Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Rural Electric Cooperative Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $8,488,515
Professional Fundraising Fees: $0
Other Salaries and Wages: $81,087,087

For more financial information, click here


Official website here: www.nreca.coop

What is the mission statement of National Rural Electric Cooperative Association?

The National Rural Electric Cooperative Association serves as the primary representative body for electric cooperatives and their customer base. Their mission encompasses advocating for the interests of these cooperatives and the consumers they serve. By doing so, they ensure the needs and concerns of rural electric cooperatives are addressed at a national level. Through their advocacy efforts, they contribute to the sustainability and growth of rural electric cooperatives across the country. Furthermore, they provide resources and support to help these cooperatives effectively meet the energy needs of their communities.


Official website here: www.nreca.coop

Who is the CEO of National Rural Electric Cooperative Association?

Jim Matheson is the Chief Executive Officer of National Rural Electric Cooperative Association. The CEO's salary of National Rural Electric Cooperative Association is $3,712,474 and their total compensation is $4,627,690.


Official website here: www.nreca.coop

What is the revenue of National Rural Electric Cooperative Association?

National Rural Electric Cooperative Association's revenue in 2022 was $205,720,476.


Official website here: www.nreca.coop

Who are the executives of National Rural Electric Cooperative Association and what are their salaries?

The average compensation at National Rural Electric Cooperative Association during 2022 was $112,391. There are 797 employees at National Rural Electric Cooperative Association.

Here are 59 key members and their salaries (National Rural Electric Cooperative Association's CEO's salary is $3,712,474 and their total compensation is $4,627,690):

    Jim Matheson (Chief Executive Officer)
  • Compensation: $3,712,474
  • Related: $0
  • Other: $915,216

    • Peter Baxter (Svp Insurance & Financial Serv)
  • Compensation: $1,075,400
  • Related: $0
  • Other: $134,467

    • Veneicia Lockhart (Svp Finance (Until 4/30/2022))
  • Compensation: $870,545
  • Related: $0
  • Other: $31,255

    • Jeffrey Connor (Chief Operating Officer)
  • Compensation: $701,991
  • Related: $0
  • Other: $145,271

    • Wayne Mcgurk (Svp Chief Information Officer)
  • Compensation: $569,076
  • Related: $0
  • Other: $196,782

    • Louis Finkel (Svp Government Relations)
  • Compensation: $603,708
  • Related: $0
  • Other: $135,589

    • Corey Amon (Vp Investment Stategy & Perfor)
  • Compensation: $613,880
  • Related: $0
  • Other: $86,885

    • Jeffrey Peterson (Svp Communications)
  • Compensation: $421,464
  • Related: $0
  • Other: $130,024

    • Chris Stephen (Sr. Legislative Affairs Direct)
  • Compensation: $361,124
  • Related: $0
  • Other: $103,964

    • Danielle Sieverling (Vp Risk & Compliance Officer)
  • Compensation: $374,055
  • Related: $0
  • Other: $74,473

    • Digna Louis (Chief Financial Officer)
  • Compensation: $347,029
  • Related: $0
  • Other: $43,457

    • Chris Christensen (President, Director)
  • Compensation: $119,250
  • Related: $0
  • Other: $0

    • Anthony Anderson (Vice President, Director)
  • Compensation: $72,000
  • Related: $0
  • Other: $0

    • Joseph Martin (Secretary-Treasurer, Director)
  • Compensation: $64,500
  • Related: $0
  • Other: $0

    • Bryan Case (Director)
  • Compensation: $32,500
  • Related: $0
  • Other: $0

    • Mel Coleman (Director)
  • Compensation: $32,000
  • Related: $0
  • Other: $0

    • Danny Berthelot (Director)
  • Compensation: $32,000
  • Related: $0
  • Other: $0

    • Lynn Jacobson (Director)
  • Compensation: $10,750
  • Related: $0
  • Other: $20,500

    • Steven Walter (Director)
  • Compensation: $31,000
  • Related: $0
  • Other: $0

    • David Spradlin (Director)
  • Compensation: $30,250
  • Related: $0
  • Other: $0

    • Ingrid Kessler (Director)
  • Compensation: $8,500
  • Related: $0
  • Other: $20,500

    • Meera Kohler (Director)
  • Compensation: $28,500
  • Related: $0
  • Other: $0

    • Scott Hallowell (Director)
  • Compensation: $28,000
  • Related: $0
  • Other: $0

    • Pat Morse (Director)
  • Compensation: $27,000
  • Related: $0
  • Other: $0

    • Tim Velde (Director)
  • Compensation: $27,000
  • Related: $0
  • Other: $0

    • David Iha (Director)
  • Compensation: $26,250
  • Related: $0
  • Other: $0

    • Marion Denger (Director)
  • Compensation: $26,000
  • Related: $0
  • Other: $0

    • Jeffrey Peterson (Director)
  • Compensation: $25,500
  • Related: $0
  • Other: $0

    • David Hembree (Director)
  • Compensation: $25,000
  • Related: $0
  • Other: $0

    • Galen Mills (Director)
  • Compensation: $25,000
  • Related: $0
  • Other: $0

    • Randy Kleaving (Director)
  • Compensation: $25,000
  • Related: $0
  • Other: $0

    • S Eugene Gene Herritt (Director)
  • Compensation: $5,000
  • Related: $0
  • Other: $20,000

    • Christopher Hamon (Director)
  • Compensation: $24,500
  • Related: $0
  • Other: $0

    • Thomas Madsen (Director)
  • Compensation: $24,500
  • Related: $0
  • Other: $0

    • Norris Fowler (Director)
  • Compensation: $24,500
  • Related: $0
  • Other: $0

    • Kenneth Colburn (Director)
  • Compensation: $24,000
  • Related: $0
  • Other: $0

    • Kerry Kelton (Director)
  • Compensation: $24,000
  • Related: $0
  • Other: $0

    • Chuck Simmons (Director)
  • Compensation: $24,000
  • Related: $0
  • Other: $0

    • Carolyn Turner (Director)
  • Compensation: $23,000
  • Related: $0
  • Other: $0

    • Jeffery Wright (Director)
  • Compensation: $22,000
  • Related: $0
  • Other: $0

    • Mark Hofer (Director)
  • Compensation: $22,000
  • Related: $0
  • Other: $0

    • Don Douglas (Director)
  • Compensation: $22,000
  • Related: $0
  • Other: $0

    • Jessica Nelson (Director)
  • Compensation: $21,500
  • Related: $0
  • Other: $0

    • Hunter Emory (Director)
  • Compensation: $21,250
  • Related: $0
  • Other: $0

    • Warren Goetsch (Director)
  • Compensation: $21,000
  • Related: $0
  • Other: $0

    • Olin Davis (Director)
  • Compensation: $21,000
  • Related: $0
  • Other: $0

    • Greg Strehle (Director)
  • Compensation: $21,000
  • Related: $0
  • Other: $0

    • Ed Crawford (Director)
  • Compensation: $21,000
  • Related: $0
  • Other: $0

    • Kevin Doddridge (Director)
  • Compensation: $20,250
  • Related: $0
  • Other: $0

    • Randy Shaw (Director)
  • Compensation: $19,500
  • Related: $0
  • Other: $0

    • Mike Partin (Director)
  • Compensation: $19,000
  • Related: $0
  • Other: $0

    • Ron Watson (Director)
  • Compensation: $19,000
  • Related: $0
  • Other: $0

    • Curtis Nolan (Director)
  • Compensation: $2,000
  • Related: $0
  • Other: $16,000

    • John Lee (Director)
  • Compensation: $18,000
  • Related: $0
  • Other: $0

    • Marty Littrel (Director)
  • Compensation: $17,000
  • Related: $0
  • Other: $0

    • Donnie Spivey (Director)
  • Compensation: $16,000
  • Related: $0
  • Other: $0

    • Daniel Saulsgiver (Director)
  • Compensation: $15,000
  • Related: $0
  • Other: $0

    • Reuben Ritthaler (Director)
  • Compensation: $4,000
  • Related: $0
  • Other: $0

    • Timothy J Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nreca.coop

    Where can I find the form 990 for National Rural Electric Cooperative Association?

    The National Rural Electric Cooperative Association’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.nreca.coop

    Learn more at the official website: www.nreca.coop

    Mission Statement of National Rural Electric Cooperative Association

    The National Rural Electric Cooperative Association, or NRECA, acts as the national voice for electric cooperatives and their members. This organization is committed to advocating for the interests of these cooperatives and the consumers they serve. NRECA functions as a unifying force, bringing together electric cooperatives from across the country to collectively address common challenges and opportunities. The association's mission is rooted in ensuring the sustainability and success of these cooperatives, enabling them to deliver reliable and affordable electricity to rural and remote communities. With a strong focus on collaboration and support, NRECA empowers its members to innovate and adapt in an ever-changing energy landscape. Through its advocacy efforts, training programs, and member services, NRECA plays a crucial role in promoting the growth and success of rural electric cooperatives.

    Impact

    This information is meant to be a general summary of National Rural Electric Cooperative Association. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The National Rural Electric Cooperative Association plays a significant role in representing the interests of electric cooperatives and the consumers they serve. Through its advocacy efforts and support for member cooperatives, the association positively impacts rural communities across the country. By providing resources, promoting sustainable energy solutions, and fostering community development, the National Rural Electric Cooperative Association contributes to the improvement and growth of rural areas.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $56,267
  • Program Service Revenue: $187,214,591
  • Gross Receipts: $212,916,505

    • Assets and Liabilities:
  • Total Assets: $253,418,209
  • Total Liabilities: $160,684,776
  • Net Assets: $92,733,433
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    REIMBURSED COSTS

    Revenue

    $131,272,665

    MEMBERSHIP DUES

    Revenue

    $33,017,185

    TRAINING & PROFESSIONAL SERVICES

    Revenue

    $10,430,259

    ADVERTISING INCOME

    Revenue

    $2,231,235

    SUBSCRIPTION INCOME

    Revenue

    $1,081,281

    Organization Details

    Founding Year

    1942

    Principal Officer

    Jim Matheson

    Main Address

    4301 WILSON BLVD FIN8-110, ARLINGTON, VA, 22203

    NTEE Category

    Code: S41 - Community improvement

    If you are a representative of National Rural Electric Cooperative Association and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.