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Retiree Resources Corporation

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

EIN: 621870279 ✦ Knoxville, TN ✦ Designated as a 501(c)(3)

Overview

What is Retiree Resources Corporation?

Retiree Resources Corporation (RRC) is a nonprofit organization based in Knoxville, Tennessee. Its primary mission is to support the Tennessee Valley Authority (TVA) in its power and energy mission, as well as watershed management, public recreation, economic and community development, energy education and conservation, and the environmentally responsible use and development of natural resources. RRC achieves this by providing well-trained personnel for short-term staff augmentation to supplement TVA's workforce requirements. These employees are former TVA employees or TVA retirees, and RRC offers them at a cost-effective rate to TVA, thereby lessening the government's burden. RRC is also involved in public outreach educational programs in conjunction with TVA and provides financial support to related tax-exempt organizations with similar charitable purposes. In 2021, RRC provided 502 staff augmentation employees to TVA.


Official website here: www.mybvi.org

Is Retiree Resources Corporation legitimate?

Retiree Resources Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Retiree Resources Corporation 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 tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $41,202,172

For more financial information, click here


Official website here: www.mybvi.org

What is the mission statement of Retiree Resources Corporation?

The Retiree Resources Corporation (RRC) exists to assist the Tennessee Valley Authority (TVA) in achieving its mission by supplying qualified personnel for staff augmentation. This collaboration enables TVA to effectively manage its workforce requirements in various sectors such as power and energy, watershed management, and public recreation. RRC's team consists primarily of former TVA employees or retirees, allowing for a cost-effective solution and a smooth transition for both parties. In addition to staffing services, RRC participates in public outreach educational programs alongside TVA. Furthermore, RRC extends its support to tax-exempt organizations with charitable purposes similar to its own, contributing to a wider impact in the community. In the year 2021, RRC provided 502 staff augmentation employees to TVA.


Official website here: www.mybvi.org

Who is the CEO of Retiree Resources Corporation?

Katherine Black is the Secretary of Retiree Resources Corporation.


Official website here: www.mybvi.org

What is the revenue of Retiree Resources Corporation?

Retiree Resources Corporation's revenue in 2022 was $47,977,024.


Official website here: www.mybvi.org

Who are the executives of Retiree Resources Corporation and what are their salaries?

The average compensation at Retiree Resources Corporation during 2022 was $82,076. There are 502 employees at Retiree Resources Corporation.

Here are 10 key members and their salaries:

    Robert Lewis (Manager, Nuclear Bus App)
  • Compensation: $265,230
  • Related: $0
  • Other: $0

    • Thomas Carter (Senior Project Manager)
  • Compensation: $256,005
  • Related: $0
  • Other: $0

    • Billy Pierce (Project Manager)
  • Compensation: $248,490
  • Related: $0
  • Other: $0

    • Debbie Travis (Manager, Modifications)
  • Compensation: $238,504
  • Related: $0
  • Other: $0

    • Dana Cook (Manager, Construction)
  • Compensation: $229,431
  • Related: $0
  • Other: $0

    • James Russell (President)
  • Compensation: $0
  • Related: $175,022
  • Other: $13,000

    • Janet Herrin (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $46,675
  • Other: $0

    • John Hoskins (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dewitt Burleson (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ralph Rodgers (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mybvi.org

    Where can I find the form 990 for Retiree Resources Corporation?

    The Retiree Resources Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.mybvi.org

    Learn more at the official website: www.mybvi.org

    Mission Statement of Retiree Resources Corporation

    Retiree Resources Corporation (RRC) is a corporation dedicated to assisting the Tennessee Valley Authority (TVA) in accomplishing its mission in various sectors, including power and energy, watershed management, public recreation, economic and community development, energy education and conservation, and environmentally responsible use and development of natural resources. RRC achieves this objective by providing well-trained personnel for short-term staff augmentation, supplementing TVA's workforce requirements at cost-effective rates. The employees of RRC are predominantly former TVA employees or TVA retirees.

    By offering staffing solutions, RRC alleviates some of the burden on the government. In addition to supplying personnel, RRC is also involved in public outreach educational programs in collaboration with TVA. Furthermore, RRC extends its support to other tax-exempt organizations whose charitable purposes align or complement those engaged in by RRC. In 2021, RRC provided staff augmentation services to TVA, employing 502 individuals.

    Impact

    This information is meant to be a general summary of Retiree Resources Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Retiree Resources Corporation's impact can be seen through its crucial role in supporting the Tennessee Valley Authority (TVA) in achieving its mission. By providing well-trained personnel for short-term staff augmentation, Retiree Resources Corporation assists TVA in effectively managing its workforce requirements. The corporation's deployment of former TVA employees or retirees not only helps TVA fulfill its power, energy, watershed management, and community development goals but also does so in a cost-effective manner, reducing the burden on the government.

    In addition to its direct support to TVA, Retiree Resources Corporation is actively involved in public outreach and educational programs in collaboration with TVA. This engagement not only enhances public awareness regarding important energy and environmental issues but also contributes to the overall mission of promoting sustainable practices and responsible resource management.

    Furthermore, Retiree Resources Corporation's financial support to related tax-exempt organizations with shared charitable purposes extends its impact beyond its direct activities. By assisting other organizations pursuing similar goals, Retiree Resources Corporation amplifies the reach and effectiveness of efforts aimed at public welfare, community development, and environmental stewardship.

    In summary, Retiree Resources Corporation plays a vital role in bolstering TVA's workforce capabilities, supporting public safety initiatives, and advancing collaborative efforts for sustainable development and environmental conservation in the Tennessee Valley region.





    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: $3,426
  • Program Service Revenue: $47,973,598
  • Gross Receipts: $47,977,024

    • Assets and Liabilities:
  • Total Assets: $5,525,624
  • Total Liabilities: $2,721,315
  • Net Assets: $2,804,309
  • Programs

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

    PROGRAM SERVICE REVENUE - RELATED

    Revenue

    $47,973,598

    Organization Details

    Founding Year

    2001

    Principal Officer

    Katherine Black

    Main Address

    400 W SUMMIT HILL DRIVE WT8C, KNOXVILLE, TN, 37902

    NTEE Category

    Code: C11 - Environment

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