NFP500

#193 of 500 · Member & Benefit Funds

National Rural Electric Cooperative

EIN 56-6208927 · VA · NTEE n/a · Form 990, fiscal 2023

This entity is the NRECA Group Benefits Trust, a voluntary employees' beneficiary association (VEBA) affiliated with the National Rural Electric Cooperative Association in Arlington, Virginia. It funds and administers employee benefits — including medical, dental, vision, disability, life, and AD&D coverage — for participating rural electric cooperatives and their employees under the NRECA Group Benefits Program.

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Financials, fiscal 2023

Revenue
$824.7M
Expenses
$764.5M
Total assets
$777.6M
Net assets
$610.9M
Operating margin
7.3%
1-year growth
13.6%
5-year growth (CAGR)
4.1%
Reserve (years of spending)
9.6
Contributions share
n/a
Programme spending
96.2%
Fundraising cost
n/a
Executive pay share
0.01%
Employees
n/a
Revenue per employee
n/a
Grants paid
n/a
Years filing
43

NFP Health Score: 79 / 100

Financial 57 · Governance 100 · Operational 100. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Revenue history

YearRevenue
2018$675.3M
2019$722.6M
2020$751.8M
2021$725.8M
2022$726.0M
2023$824.7M