Nreca Research

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

EIN: 842724646 ✦ Arlington, VA ✦ Designated as a 501(c)(3)

Overview

What is Nreca Research?

Nreca Research is a nonprofit organization situated in Arlington, Virginia. Their primary focus is conducting privately funded scientific research aimed at bolstering, preserving, and enhancing the electrical grid of the future. Specifically, they work on improving cooperatives' cybersecurity defensive measures to safeguard their cooperative and electrical infrastructure against cyber attacks and other malicious activities. This mission is crucial in ensuring the reliability and security of the electrical grid.


Is Nreca Research legitimate?

Nreca Research is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nreca Research 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: $2,583,454

For more financial information, click here


What is the mission statement of Nreca Research?
Who is the CEO of Nreca Research?
What is the revenue of Nreca Research?
Who are the executives of Nreca Research and what are their salaries?
Where can I find the form 990 for Nreca Research?

Mission Statement of Nreca Research

Nreca Research, a privately funded organization, is dedicated to carrying out scientific research activities. Its primary objective is to support, sustain, and enhance the electrical grid of the future. The mission of Nreca Research involves conducting research aimed at improving cooperatives' cybersecurity defensive measures. This is to protect their cooperative and electrical infrastructure from potential cyber attacks and other malicious activities. By engaging in these research activities, Nreca Research aims to contribute significantly to the resilience and security of the electrical grid in the future.

Impact

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




Saturday, July 20, 2024

Nreca Research's impact lies in its dedication to conducting privately funded scientific research activities that focus on enhancing the electrical grid of the future. Specifically, the organization's research endeavors are directed towards bolstering cooperatives' cybersecurity defenses to safeguard their cooperative and electrical infrastructure from cyber attacks and other malicious activities. Through these efforts, Nreca Research plays a crucial role in advancing the resilience and sustainability of the electrical grid, thereby contributing to the overall security and reliability of energy distribution systems.





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: $0
  • Program Service Revenue: $6,477,336
  • Gross Receipts: $9,979,949

    • Assets and Liabilities:
  • Total Assets: $2,273,403
  • Total Liabilities: $2,273,403
  • Net Assets: $0
  • Programs

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

    CYBERSECURITY PROGRAMS

    Revenue

    $1,907,456

    MEMBER OUTREACH AND STRATEGIC INIATIVES

    Revenue

    $1,537,341

    ANALYTICS, RESILIENCY, RELIABILITY

    Revenue

    $1,106,725

    GENERATION, ENVIRONMENTAL AND CARBON

    Revenue

    $682,647

    RENEWABLE AND DISTRIBUTED GENERATATION

    Revenue

    $410,188

    Organization Details

    Founding Year

    2019

    Principal Officer

    James Matheson

    Main Address

    4301 WILSON BLVD, ARLINGTON, VA, 22203

    NTEE Category

    Code: W05 - Public benefit

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