#193 of 500 · Member & Benefit Funds
National Rural Electric Cooperative
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.
Open the interactive profileFinancials, 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
| Year | Revenue |
|---|---|
| 2018 | $675.3M |
| 2019 | $722.6M |
| 2020 | $751.8M |
| 2021 | $725.8M |
| 2022 | $726.0M |
| 2023 | $824.7M |