NonprofitsNational Rural Utilities Cooperative Finance Corp

National Rural Utilities Cooperative Finance Corp

DULLES, VA

Total revenue

$2.1B

Total expenses

$1.8B

Net assets

$3.1B

Grants received

$109K

11 grants

EIN

520891669

Tax year

2024

Mission

Bridging the financial needs of the rural electric cooperative network with global capital markets.

Programs

2 programs

Education fund -- each statewide association and eligible regional association will submit an application form describing the program for which the grant will be used. Cfc calculates the amount allotted to each applicant during the fiscal year based upon the total number of co-ops which are members of cfc and of the association, with respect to statewide associations, the number of states each applicant represents, and the number of co-ops that are 100% cfc borrowers. The senior vice president of cfc's corporate relations group approves the applications made by the associations.

Expenses: $1.0MGrants: $1.0M

Integrity fund -- utilizing a restricted cash account, cfc manages a voluntary fund established for the purpose of assisting cooperatives in defending their cooperative territories and protecting cooperative principles.

Expenses: $71KGrants: $71K

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$2.1B
Investment income$9.0M
Other revenue$7.5M
Total revenue$2.1B

Expenses

Grants paid$1.1M
Salaries & benefits$75.1M
Fundraising
Other expenses$1.8B
Total expenses$1.8B
Total assets$38.3B
Net assets$3.1B

People

47 listed

NameRoleCompensation

JONATHAN ANDREW DON

CEO

Board

$2.6M

70 hrs/wk

JOEL ALLEN

SVP AND CHIEF BANKING OFFICER

Board

$673K

55 hrs/wk

YU LING WANG

SVP & CFO

Board

$650K

65 hrs/wk

BRAD CAPTAIN

SVP & CHIEF CORPORATE AFFAIRS OFFICER

Board

$604K

55 hrs/wk

GARY A BRADBURY

SVP & CHIEF OPERATING OFFICER

Board

$570K

55 hrs/wk

GHOLAM M SALEH

SVP & CHIEF RISK OFFICER

Board

$561K

70 hrs/wk

JILL MAISON

SVP & CHIEF RELATIONSHIP MANAGEMENT OFFICER

Board

$500K

55 hrs/wk

NATHAN HOWARD

SVP & GENERAL COUNSEL

Board

$496K

55 hrs/wk

AMY S LUONGO

SVP, STRATEGIC SERVICES

Board

$424K

50 hrs/wk

MARK SUGGS

VICE PRESIDENT

Board

$95K

10 hrs/wk

GORDON ANTHONY NORTON

PRESIDENT

Board

$95K

17 hrs/wk

BRENT MCRAE

SECRETARY TREASURER

Board

$93K

5 hrs/wk

WILLIAM KEITH HAYWARD

DIRECTOR

Board

$90K

5 hrs/wk

BARBARA E HAMPTON

DIRECTOR

Board

$90K

6 hrs/wk

SHANE LUCAS LARSON

DIRECTOR

Board

$88K

8 hrs/wk

JEFFREY A REHDER

DIRECTOR

Board

$88K

8 hrs/wk

TIMOTHY S ELDRIDGE

DIRECTOR

Board

$87K

7 hrs/wk

ANTHONY LARSON

DIRECTOR

Board

$85K

12 hrs/wk

BRADLEY P JANORSCHKE

DIRECTOR

Board

$85K

6 hrs/wk

MICHAEL J HEINEN

DIRECTOR

Board

$85K

3 hrs/wk

DENNIS R FULK

DIRECTOR

Board

$85K

10 hrs/wk

BRUCE EVERHART

DIRECTOR

Board

$85K

10 hrs/wk

KENDALL J MONTGOMERY

DIRECTOR

Board

$85K

11 hrs/wk

JOHN METCALF

DIRECTOR

Board

$85K

6 hrs/wk

DONALD BIDEGAIN

DIRECTOR

Board

$85K

3 hrs/wk

THOMAS A BAILEY

DIRECTOR

Board

$85K

6 hrs/wk

ANTHONY ANDERSON UNTIL 32025

FORMER DIRECTOR

Board

$85K

4 hrs/wk

CHARLES ABEL II

DIRECTOR

Board

$85K

4 hrs/wk

DARICK EISENBRAUN

DIRECTOR

Board

$85K

8 hrs/wk

JARED ECHTERNACH

DIRECTOR

Board

$85K

10 hrs/wk

TERRY MICHAEL PARTIN

DIRECTOR

Board

$75K

10 hrs/wk

JOHN BARTLEY START 62024

DIRECTOR

Board

$53K

5 hrs/wk

DAVID E FELKEL UNTIL 62024

FORMER DIRECTOR

Board

$37K

5 hrs/wk

JEANETTE INGRID KESSLER

DIRECTOR (START 3/2025)

Board

3 hrs/wk

RICHARD PERREAULT UNTIL 62025

VP AND CIO

Staff

$475K

40 hrs/wk

DAVID W OLAH

VP, PORTFOLIO MANAGEMENT

Staff

$398K

50 hrs/wk

JOHN FREDERICK SUTER

VP, ECONOMIC RESEARCH

Staff

$397K

40 hrs/wk

LAWRENCE SAUNDERS

VP, CREDIT RISK MANAGEMENT

Staff

$392K

50 hrs/wk

PANKAJ SHAH

VP, CHIEF ACCOUNTING OFFICER

Staff

$370K

55 hrs/wk

JONATHAN J POLETTI

DIRECTOR, INFO. SYSTEMS & DEPUTY CIO

Staff

$368K

40 hrs/wk

W DANIEL CAWOOD

VP, PORTFOLIO MANAGEMENT

Staff

$364K

50 hrs/wk

KIMBERLY MILLER

VP AND DEPUTY GENERAL COUNSEL

Staff

$360K

50 hrs/wk

ANDREW COLEMAN

VP, PORTFOLIO MANAGEMENT

Staff

$339K

45 hrs/wk

VU LY

VP, CAPITAL MARKETS

Staff

$297K

50 hrs/wk

HEESUN CHOI

VP, CAPITAL MARKETS RELATIONS

Staff

$286K

40 hrs/wk

MATTHEW AUGUSTOSKY

VP, PORTFOLIO MANAGEMENT

Staff

$246K

50 hrs/wk

AAMER ARSHAD

VP, PORTFOLIO MANAGEMENT

Staff

$240K

40 hrs/wk

Independent contractors

SUTHERLAND DIGITAL SERVICES INC

IT SERVICES

$4.6M

FIS CAPITAL MARKETS US LLC

IT SERVICES

$3.8M

CORPORATE BROKERS LLC

IT SERVICES

$3.5M

S&P GLOBAL RATINGS

FINANCIAL SERVICES

$3.5M

ITERO GROUP LLC

IT SERVICES

$2.8M

Grants received

Showing 11 of 11

FromAmountPurposeYear
$23K
2023 INTEGRITY FUND CONTRIBUTION
2023
$12K
INTEGRITY FUND DONATION FOR COOPERATIVE SUPPORT
2023
$10K
INTEGRITY FUND DONATION FOR COOPERATIVE SUPPORT
2023
$9K
INTEGRITY FUND CONTRIBUTION
2023
$6K
SUPPORT COOPERATIVES
2023
$11K
INTEGRITY FUND DONATION FOR COOPERATIVE SUPPORT
2022
$10K
INTEGRITY FUND DONATION FOR COOPERATIVE SUPPORT
2022
$8K
INTEGRITY FUND CONTRIBUTION
2022
$10K
FUNDING OF INTEGRITY FUND
2020

Funded by

$109K from 7 funders · 11 grants · 2020–2023

Lyntegar Electric Cooperative Inc

$23K · 2 grants · 2022–2023

First Electric Cooperative Corporation

$20K · 2 grants · 2022–2023

Central Texas Electric Cooperative Inc

$17K · 2 grants · 2022–2023

United Electric Cooperative

$11K · 2 grants · 2022–2023

Details

EIN520891669
Subsection04
Ruling date1969-10
Formed1969
Employees372
Volunteers0
NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP — Mission, Financials & Grants Received | Grantivo