Nebraska Rural Electric Association

Nonprofit profile at a glance

EIN
470394033
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Lincoln, NE, USA
Phone
4024754988
Rating confidence
Limited

Official website

Reported finances

Revenue
$3,057,253
Expenses
$3,067,090
Assets
$1,355,077
Liabilities
$271,296

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

43 people listed

Executive titles in this filing

  • GREG STREHLE (PRESIDENT)
  • VANCE MCCOY (VICE PRESIDENT)

Highest reported compensation

  • RACHAEL BLACK (DIRECTOR OF ADMINISTRATIVE SERVICES & EVENTS): $226,751 total reported compensation
  • JAMES DUKESHERER (GRASSROOTS COORDINATOR): $207,539 total reported compensation
  • JOHN WAYNE PRICE (EDITOR NEBRASKA MAGAZINE): $160,279 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide value and support through essential services.

What it reported doing in 2025

The trade association has 35 rural electric systems that provide electric services in rural areas and small towns in Nebraska. Nebraska rural electric association provides their member-systems with magazine, directory, and public relations support; job training, education and safety; advocacy and regulatory compliance; and other special services related to electrification.

Operating model

Revenue model
Membership-supported. 61% of the money available for current operations came from membership dues.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 66
  • Accountability: 86
  • Sustainability: 22
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -0.3%; rating input score 25; 25th percentile among comparable filings
  • Total-asset coverage ratio: 0.44; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: 0.2; rating input score 35; 35th percentile among comparable filings
  • Officer compensation ratio: 20.7%; rating input score 15; 15th percentile among comparable filings

Growth

  • Program expense growth: 1.6% per year; rating input score 100; 18th percentile among comparable filings
  • Revenue growth: 1.9% per year; rating input score 100; 16th percentile among comparable filings
  • Asset growth: 3.4% per year; rating input score 100; 24th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 35 of 35 board members independent · 6 of 9 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $227K · 43 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 4 contractors listed · $1.2M reported
  • Consistency: 13 of 13 current checks pass
  • Schedules: 4 filed schedules · includes executive pay
  • Filing history: 14 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 37 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 3 of 9 not reported.
  • High — Sustainability: Operating margin scored 25/100.
  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • High — Sustainability: Officer compensation ratio scored 15/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 35/100.