NonprofitsNational Rural Electric Cooperative

National Rural Electric Cooperative

ARLINGTON, VA

Total revenue

$838.3M

Total expenses

$844.1M

Net assets

$694.6M

Grants received

$50K

3 grants

EIN

566208927

Tax year

2024

Mission

A group benefit trust designed to provide health and welfare benefits for members of nreca.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$848.2M
Investment income
Other revenue
Total revenue$838.3M

Expenses

Grants paid
Salaries & benefits$69K
Fundraising
Other expenses$38.7M
Total expenses$844.1M
Total assets$862.3M
Net assets$694.6M

People

14 listed

NameRoleCompensation

STATE STREET CORPORATION

INSTITUTIONAL TRUSTEE

Board

$69K

5 hrs/wk

HUNTER EMORY

VICE CHAIRMAN (THRU 03/24)

Board

1 hrs/wk

MEL COLEMAN

VICE CHAIRMAN

Board

1 hrs/wk

PETER BAXTER

SENIOR VICE PRESIDENT

Board

20 hrs/wk

DAVID SPRADLIN

MEMBER

Board

2 hrs/wk

DON DOUGLAS

MEMBER

Board

1 hrs/wk

GENE MORRIS

MEMBER (AS OF 03/24)

Board

1 hrs/wk

BRYAN CASE

CHAIRMAN

Board

2 hrs/wk

JENNIFER MEASON

MEMBER (AS OF 03/24)

Board

1 hrs/wk

LYNN JACOBSON

MEMBER

Board

1 hrs/wk

RANDALL KLEAVING

MEMBER (AS OF 03/24)

Board

2 hrs/wk

STEVEN W WALTER

MEMBER (THRU 03/24)

Board

1 hrs/wk

TIMOTHY J SMITH

MEMBER (THRU 03/24)

Board

1 hrs/wk

JAMES WEBB

MEMBER

Board

1 hrs/wk

Independent contractors

UMR

CLAIMS PROCESSING

$22.8M

OPTOMI LLC

CONSULTING SERVICES

$1.7M

CAREMARK

MANAGED CARE SERVICES

$1.6M

EXPERIS IT SERVICES US LLC

Consultant

$1.5M

DECISIONPATH CONSULTING

Consultant

$912K

Grants received

Showing 3 of 3

FromAmountPurposeYear
$20K
VARIOUS PURPOSES AS APPROVED BY OICF BOARD
2023
$15K
VARIOUS PURPOSES AS APPROVED BY OICF BOARD
2021
$15K
TO SUPPORT OPERATIONS
2020

Funded by

$50K from 1 funder · 3 grants · 2020–2023

Orcas Island Community Foundation

$50K · 3 grants · 2020–2023

Details

EIN566208927
Subsection09
Ruling date1980-02
Formed1978
Employees0
Volunteers0
NATIONAL RURAL ELECTRIC COOPERATIVE — Mission, Financials & Grants Received | Grantivo