Skip to content
Nonprofiteer
← NRECA INTERNATIONAL LTD

Form 990 for tax year 2022

Filed by NRECA INTERNATIONAL LTD.

Totals

Total revenue
$20,405,577
Total expenses
$20,405,827
Contributions and grants received
$4,260,279
Grants paid
$0
Program service revenue
$16,108,951
Investment income
$390
Other revenue
$35,957
Total assets, end of year
$16,153,918
Total liabilities, end of year
$12,482,642
Net assets or fund balances, end of year
$3,671,276
Program services expenses (Part IX)
$19,691,200
Management and general expenses
$519,624
Fundraising expenses
$195,003
Program service expenses (Part III)
$19,691,200

Program services were 96.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • JAMES MATHESON

    PRESIDENT, CEO

    Total calculated
    $4,627,690
    From this org
    $0
    From related orgs
    $3,712,474
    Other
    $915,216
    Hours/week
    0.19 + 46.81 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,434,530 related
    Bonus
    $0 + $903,594 related
    Other
    $0 + $1,374,350 related
    Deferred
    $0 + $874,209 related
    Nontaxable benefits
    $0 + $41,007 related
    Filer's total
    $0 + $4,627,690 related

  • VENEICIA LOCKHART

    VP FINANCE thru 4/22

    Total calculated
    $901,800
    From this org
    $0
    From related orgs
    $870,545
    Other
    $31,255
    Hours/week
    0.06 + 44.94 related

    Schedule J breakdown matched by us

    Base
    $0 + $155,868 related
    Bonus
    $0 + $749 related
    Other
    $0 + $713,928 related
    Deferred
    $0 + $16,500 related
    Nontaxable benefits
    $0 + $14,755 related
    Filer's total
    $0 + $901,800 related

  • JEFFREY CONNOR

    VICE PRESIDENT as of 6/22

    Total calculated
    $847,262
    From this org
    $0
    From related orgs
    $701,991
    Other
    $145,271
    Hours/week
    0.19 + 46.81 related

    Schedule J breakdown matched by us

    Base
    $0 + $544,598 related
    Bonus
    $0 + $140,200 related
    Other
    $0 + $17,193 related
    Deferred
    $0 + $107,936 related
    Nontaxable benefits
    $0 + $37,335 related
    Filer's total
    $0 + $847,262 related

  • DANIEL WADDLE

    Senior VICE PRESIDENT

    Total calculated
    $493,145
    From this org
    $360,912
    From related orgs
    $0
    Other
    $132,233
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $302,180
    Bonus
    $47,962
    Other
    $10,770
    Deferred
    $100,529
    Nontaxable benefits
    $31,704
    Filer's total
    $493,145

  • DIGNA LOUIS

    CFO as of 5/22

    Total calculated
    $390,486
    From this org
    $0
    From related orgs
    $347,029
    Other
    $43,457
    Hours/week
    0.29 + 44.71 related

    Schedule J breakdown matched by us

    Base
    $0 + $303,655 related
    Bonus
    $0 + $41,658 related
    Other
    $0 + $1,716 related
    Deferred
    $0 + $16,500 related
    Nontaxable benefits
    $0 + $26,957 related
    Filer's total
    $0 + $390,486 related

  • FERNANDO MERCADO

    DIR, LATIN AMERICAN&CARIBBEAN

    Total calculated
    $298,844
    From this org
    $189,763
    From related orgs
    $0
    Other
    $109,081
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $182,119
    Bonus
    $5,200
    Other
    $2,444
    Deferred
    $91,483
    Nontaxable benefits
    $17,598
    Filer's total
    $298,844

  • DAVID SCOTT

    SECRETARY/TREASURER

    Total calculated
    $294,728
    From this org
    $0
    From related orgs
    $216,048
    Other
    $78,680
    Hours/week
    15.19 + 35.81 related

    Schedule J breakdown matched by us

    Base
    $0 + $209,645 related
    Bonus
    $0 + $5,950 related
    Other
    $0 + $453 related
    Deferred
    $0 + $50,848 related
    Nontaxable benefits
    $0 + $27,832 related
    Filer's total
    $0 + $294,728 related

  • JESSIA HEALY

    Asst. SECRETARY as of 6/22

    Total calculated
    $283,687
    From this org
    $0
    From related orgs
    $224,819
    Other
    $58,868
    Hours/week
    0.19 + 45.81 related

    Schedule J breakdown matched by us

    Base
    $0 + $220,552 related
    Bonus
    $0 + $200 related
    Other
    $0 + $4,067 related
    Deferred
    $0 + $57,184 related
    Nontaxable benefits
    $0 + $1,684 related
    Filer's total
    $0 + $283,687 related

  • JAMES VAN COEVERING

    DIR.,ENGINEERING/INT'L CONSULT

    Total calculated
    $278,440
    From this org
    $195,859
    From related orgs
    $0
    Other
    $82,581
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $188,655
    Bonus
    $2,450
    Other
    $4,754
    Deferred
    $52,680
    Nontaxable benefits
    $29,901
    Filer's total
    $278,440

  • JAMES WALSH

    DIRECTOR, BUSINESS DEVELOPMENT

    Total calculated
    $267,025
    From this org
    $170,429
    From related orgs
    $0
    Other
    $96,596
    Hours/week
    43

    Schedule J breakdown matched by us

    Base
    $165,992
    Bonus
    $2,900
    Other
    $1,537
    Deferred
    $62,410
    Nontaxable benefits
    $34,186
    Filer's total
    $267,025

  • GUILLERMO LAYERENZA

    SENIOR DISTRIBUTION ENGINEER

    Total calculated
    $236,517
    From this org
    $154,321
    From related orgs
    $0
    Other
    $82,196
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $151,192
    Bonus
    $2,400
    Other
    $729
    Deferred
    $43,617
    Nontaxable benefits
    $38,579
    Filer's total
    $236,517

  • FRANCIS BERGH

    SENIOR ENGINEER

    Total calculated
    $222,940
    From this org
    $156,546
    From related orgs
    $0
    Other
    $66,394
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $144,406
    Bonus
    $2,480
    Other
    $9,660
    Deferred
    $27,003
    Nontaxable benefits
    $39,391
    Filer's total
    $222,940

  • NICHOLAS ALLEN

    SENIOR ENGINEER

    Total calculated
    $202,826
    From this org
    $166,786
    From related orgs
    $0
    Other
    $36,040
    Hours/week
    42

    Schedule J breakdown matched by us

    Base
    $159,541
    Bonus
    $3,320
    Other
    $3,925
    Deferred
    $35,130
    Nontaxable benefits
    $910
    Filer's total
    $202,826

  • BRYAN CASE

    DIRECTOR

    Total calculated
    $32,500
    From this org
    $0
    From related orgs
    $32,500
    Other
    $0
    Hours/week
    0.23 + 7.42 related

  • MEL COLEMAN

    DIRECTOR

    Total calculated
    $32,000
    From this org
    $0
    From related orgs
    $32,000
    Other
    $0
    Hours/week
    0.23 + 6.65 related

  • DAVID SPRADLIN

    DIRECTOR

    Total calculated
    $30,250
    From this org
    $0
    From related orgs
    $30,250
    Other
    $0
    Hours/week
    0.23 + 4.77 related

  • MEERA KOHLER

    DIRECTOR

    Total calculated
    $28,500
    From this org
    $0
    From related orgs
    $28,500
    Other
    $0
    Hours/week
    0.23 + 6.08 related

  • DAVID IHA

    DIRECTOR

    Total calculated
    $26,250
    From this org
    $0
    From related orgs
    $26,250
    Other
    $0
    Hours/week
    0.23 + 7.27 related

  • CHRISTOPHER HAMON

    DIRECTOR

    Total calculated
    $24,500
    From this org
    $0
    From related orgs
    $24,500
    Other
    $0
    Hours/week
    0.23 + 8.39 related

  • KEN COLBURN

    DIRECTOR

    Total calculated
    $24,000
    From this org
    $0
    From related orgs
    $24,000
    Other
    $0
    Hours/week
    0.23 + 5.62 related

  • KERRY KELTON

    DIRECTOR

    Total calculated
    $24,000
    From this org
    $0
    From related orgs
    $24,000
    Other
    $0
    Hours/week
    0.23 + 14.4 related

  • MARK HOFER

    DIRECTOR

    Total calculated
    $22,000
    From this org
    $0
    From related orgs
    $22,000
    Other
    $0
    Hours/week
    0.23 + 12.06 related

  • REUBEN RITTHALER

    DIRECTOR

    Total calculated
    $4,000
    From this org
    $0
    From related orgs
    $4,000
    Other
    $0
    Hours/week
    0.23 + 3.62 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Travel for companions
  • 1a · Tax indemnification and gross-up payments
  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 1A:
TRAVEL FOR COMPANIONS: NRECA INTERNATIONAL REIMBURSES THE COSTS OF TRANSPORTATION FROM AND TO THE POST OF ASSIGNMENT OF AUTHORIZED TRAVELERS. FOR ASSIGNMENTS THAT EXCEED 12 MONTHS, AUTHORIZED TRAVELERS INCLUDES EMPLOYEES, SPOUSES AND DEPENDENT CHILDREN. TAX INDEMNIFICATION AND GROSS UP PAYMENTS: NRECA GROSSES UP PAYMENTS MADE TO STAFF UNDER THE EXECUTIVE 401(K) BONUS PLAN AND ON ELIGIBLE RELOCATION EXPENSES. EXPATRIATE REGULAR EMPLOYEES MAY BE AUTHORIZED TO RECEIVE HOUSING ALLOWANCE. THE ALLOWANCE COVERS RENT, PLUS UTILITIES (HEAT, FUEL, GAS, ELECTRICITY AND WATER), IF THESE ARE NOT INCLUDED IN THE COST OF RENTAL. IN ADDITION, AN ALLOWANCE FOR BASIC FURNINSHINGS, DRAPERIES AND MINOR MAINTENANCE WILL BE PROVIDED; HOWEVER, FOR ASSIGNMENTS OF SIX MONTHS BUT LESS THAN ONE YEAR, FURNISHED HOUSING IS RECOMMENDED.
SCHEDULE J, PART I, LINE 3:
THE CEO EVALUATION COMMITTEE OF THE BOARD IS RESPONSIBLE FOR EVALUATING THE PERFORMANCE OF THE CEO. THE COMMITTEE REVIEWS COMPETITIVE SALARY SURVEY DATA PROVIDED BY HUMAN RESOURCES AND DEVELOPS A SALARY INCREASE RECOMMENDATION THAT IS PRESENTED TO THE FULL BOARD BASED ON THE CEO'S PERFORMANCE. NRECA'S HUMAN RESOURCES DEPARTMENT REVIEWS INDEPENDENT COMPENSATION STUDIES ANNUALLY TO VERIFY THE CEO'S COMPENSATION IS WITHIN A COMPETITIVE RANGE FOR CEO'S OF COMPARABLE ORGANIZATIONS AND PROVIDES THIS INFORMATION TO THE COMMITTEE. THE BOARD REVIEWS AND APPROVES THE CEO'S COMPENSATION ANNUALLY.
SCHEDULE J, PART I, LINE 4B:
THE FOLLOWING OFFICERS RECEIVED PAYMENTS OR HAVE DEFERRED COMPENSATION FROM AN EXECUTIVE NONQUALIFIED RETIREMENT PLAN. THESE AMOUNTS ARE INCLUDED AND REPORTED IN PART II, COLUMN B AND C ACCORDINGLY: DAN WADDLE ($1,153) AND JAMES MATHESON ($1,304,739).

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • NRECA ELECTRICITY FOR PROGRESS LLC

    TECH & RURAL · RP · income $0 · assets $0

    Directly controlled by NRECA INT'L

  • FUNDACION ENERGETICA BOLIVIANA

    TECH & RURAL · BL · income $0 · assets $0

    Directly controlled by NRECA INT'L

  • NRECA INTERNATIONAL NIGERIA LIMITED

    TECH & RURAL · NI · income $0 · assets $0

    Directly controlled by NRECA INT'L

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2022
Filed
14 November 2023
IRS schema version
2022v5.0
Source object
202343189349316099

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.