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
What are the reviews and ratings of this charity?
The National Rural Electric Cooperative Association is currently not rated by Charity Navigator. This is due to its classification, as it is not a 501(c)(3) IRS registered nonprofit, which limits its eligibility for evaluation. Charity Navigator's ratings rely on the availability of certain financial and accountability data, which is not applicable for NRECA under current evaluation criteria.
Despite the absence of a formal rating, this does not imply a negative or positive judgment of the NRECA. Historical evaluations from similar organizations have often been based largely on financial accountability, but for the NRECA, that specific methodology cannot be applied. Thus, potential donors or supporters are encouraged to research financial disclosures independently, as the typical benchmarks do not apply here.
There are no user reviews for the NRECA found on GreatNonprofits, thus limiting community feedback from past experiences. This absence of public user reviews suggests there may be a need for this nonprofit to increase transparency and stakeholder engagement to better inform potential supporters and members of the public about its impact and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
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 tax deductible.
Heare 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):
- Compensation: $3,712,474
- Related: $0
- Other: $915,216
- Compensation: $1,075,400
- Related: $0
- Other: $134,467
- Compensation: $870,545
- Related: $0
- Other: $31,255
- Compensation: $701,991
- Related: $0
- Other: $145,271
- Compensation: $569,076
- Related: $0
- Other: $196,782
- Compensation: $603,708
- Related: $0
- Other: $135,589
- Compensation: $613,880
- Related: $0
- Other: $86,885
- Compensation: $421,464
- Related: $0
- Other: $130,024
- Compensation: $361,124
- Related: $0
- Other: $103,964
- Compensation: $374,055
- Related: $0
- Other: $74,473
- Compensation: $347,029
- Related: $0
- Other: $43,457
- Compensation: $119,250
- Related: $0
- Other: $0
- Compensation: $72,000
- Related: $0
- Other: $0
- Compensation: $64,500
- Related: $0
- Other: $0
- Compensation: $32,500
- Related: $0
- Other: $0
- Compensation: $32,000
- Related: $0
- Other: $0
- Compensation: $32,000
- Related: $0
- Other: $0
- Compensation: $10,750
- Related: $0
- Other: $20,500
- Compensation: $31,000
- Related: $0
- Other: $0
- Compensation: $30,250
- Related: $0
- Other: $0
- Compensation: $8,500
- Related: $0
- Other: $20,500
- Compensation: $28,500
- Related: $0
- Other: $0
- Compensation: $28,000
- Related: $0
- Other: $0
- Compensation: $27,000
- Related: $0
- Other: $0
- Compensation: $27,000
- Related: $0
- Other: $0
- Compensation: $26,250
- Related: $0
- Other: $0
- Compensation: $26,000
- Related: $0
- Other: $0
- Compensation: $25,500
- Related: $0
- Other: $0
- Compensation: $25,000
- Related: $0
- Other: $0
- Compensation: $25,000
- Related: $0
- Other: $0
- Compensation: $25,000
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $20,000
- Compensation: $24,500
- Related: $0
- Other: $0
- Compensation: $24,500
- Related: $0
- Other: $0
- Compensation: $24,500
- Related: $0
- Other: $0
- Compensation: $24,000
- Related: $0
- Other: $0
- Compensation: $24,000
- Related: $0
- Other: $0
- Compensation: $24,000
- Related: $0
- Other: $0
- Compensation: $23,000
- Related: $0
- Other: $0
- Compensation: $22,000
- Related: $0
- Other: $0
- Compensation: $22,000
- Related: $0
- Other: $0
- Compensation: $22,000
- Related: $0
- Other: $0
- Compensation: $21,500
- Related: $0
- Other: $0
- Compensation: $21,250
- Related: $0
- Other: $0
- Compensation: $21,000
- Related: $0
- Other: $0
- Compensation: $21,000
- Related: $0
- Other: $0
- Compensation: $21,000
- Related: $0
- Other: $0
- Compensation: $21,000
- Related: $0
- Other: $0
- Compensation: $20,250
- Related: $0
- Other: $0
- Compensation: $19,500
- Related: $0
- Other: $0
- Compensation: $19,000
- Related: $0
- Other: $0
- Compensation: $19,000
- Related: $0
- Other: $0
- Compensation: $2,000
- Related: $0
- Other: $16,000
- Compensation: $18,000
- Related: $0
- Other: $0
- Compensation: $17,000
- Related: $0
- Other: $0
- Compensation: $16,000
- Related: $0
- Other: $0
- Compensation: $15,000
- Related: $0
- Other: $0
- Compensation: $4,000
- Related: $0
- Other: $0
- 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?
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.
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Impact
October, 2024
The National Rural Electric Cooperative Association (NRECA) plays a crucial role in advocating for the interests of electric cooperatives and their consumers across the United States. By representing these cooperatives, NRECA drives initiatives that enhance rural electrification, improve service delivery, and promote sustainable energy practices.
Through its extensive network, NRECA facilitates collaboration among cooperatives, enabling them to share best practices and innovative solutions that cater to the unique needs of rural communities. This organization also provides essential resources, training, and support, empowering cooperatives to adapt to changing energy landscapes and technological advancements.
NRECA's commitment to community improvement is evident through its efforts in promoting energy efficiency, renewable energy adoption, and smart grid technologies. By fostering economic development, ensuring access to reliable electricity, and advocating for policies that benefit rural consumers, NRECA significantly contributes to the vitality and resilience of communities it serves, enhancing quality of life and driving local progress.
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.
Financials
This financial information is from Propublica.
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
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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
Phone
(703) 907-5960Principal Officer
Jim Matheson
Main Address
4301 WILSON BLVD FIN8-110, ARLINGTON, VA, 22203
Website
www.nreca.coopNTEE Category
Code: S41 - Community improvement
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