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← NRECA POST-EMPLOYMENT HEALTH REIMBURSEMENT A IRRV TR OF

Form 990 for tax year 2024

Filed by NRECA POST-EMPLOYMENT HEALTH REIMBURSEMENT A IRRV TR OF.

Totals

Total revenue
$331,417
Total expenses
$1,121,263
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$331,417
Other revenue
$0
Total assets, end of year
$12,563,519
Total liabilities, end of year
$24,831
Net assets or fund balances, end of year
$12,538,688
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
$0

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $19,044 · related or exempt $0 · unrelated business $0 · excluded $19,044

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $1,832,097

  • 7b · Less cost or other basis and sales expenses

    securities $1,519,724

  • 7c · Gain or loss

    securities $312,373 · other assets $0

  • 7d · Net gain or loss

    total $312,373 · related or exempt $0 · unrelated business $0 · excluded $312,373

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $1,075,229

  • 11b · Fees: legal

    total $21,424

  • 11c · Fees: accounting

    total $18,399

  • 11g · Fees: other

    total $6,211

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 4 · Accounts receivable

    beginning of year $2,901,199 · end of year $2,901,599

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $0

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $9,857,497 · end of year $9,661,920

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $54,880 · end of year $24,831

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $12,703,816 · end of year $12,538,688

Mission and programs · 2024

Mission

THE PLAN WAS ESTABLISHED TO REIMBURSE PARTICIPANTS AND THEIR DEPENDENTS FOR QUALIFIED OUT-OF-POCKET HEALTH CARE EXPENSES (SUCH AS OUT-OF-POCKET EXPENSES FOR MEDICAL CARE, VISION CARE, DENTAL CARE, PRESCRIPTION DRUGS AND CERTAIN OVER THE-COUNTER DRUGS) AND QUALIFIED LONG TERM CARE EXPENSES, AS WELL AS PREMIUMS FOR HEALTH INSURANCE, HEALTH PLAN COVERAGE, AND QUALIFIED LONG TERM CARE INSURANCE CONTRACTS THAT OCCUR AFTER THE PARTICIPANT HAS RETIRED OR TERMINATED EMPLOYMENT, INCLUDING COVERAGE UNDER THE CONSOLIDATED OMNIBUS BUDGET RECONCILIATION ACT OF 1985 (COBRA).

Activities or mission (Part I)

THE PLAN WAS ESTABLISHED TO REIMBURSE PARTICIPANTS AND THEIR DEPENDENTS FOR QUALIFIED OUT-OF-POCKET HEALTH CARE EXPENSES (SUCH AS OUT-OF-POCKET EXPENSES FOR MEDICAL CARE, VISION CARE, DENTAL CARE, PRESCRIPTION DRUGS AND CERTAIN OVER-THE-COUNTER DRUGS) AND QUALIFIED LONG TERM CARE EXPENSES, AS WELL AS PREMIUMS FOR HEALTH INSURANCE, HEALTH PLAN COVERAGE, AND QUALIFIED LONG TERM CARE INSURANCE CONTRACTS THAT OCCUR AFTER THE PARTICIPANT HAS RETIRED OR TERMINATED EMPLOYMENT, INCLUDING COVERAGE UNDER THE CONSOLIDATED OMNIBUS BUDGET RECONCILIATION ACT OF 1985 (COBRA).

  • TOTAL PROGRAM EXPENSES ARE RELATED TO BENEFITS PAID TO PARTICIPANTS AND ADMINISTRATIVE EXPENSES.

As filed on the 2024 return.

Listed in Part VII

  • Danielle Sieverling

    VP CHIEF RISK & COMPLIANCE

    Total calculated
    $538,512
    From this org
    $0
    From related orgs
    $434,128
    Other
    $104,384
    Hours/week
    0.3 + 54.7 related

    Schedule J breakdown matched by us

    Base
    $0 + $344,153 related
    Bonus
    $0 + $86,920 related
    Other
    $0 + $3,055 related
    Deferred
    $0 + $74,752 related
    Nontaxable benefits
    $0 + $29,632 related
    Filer's total
    $0 + $538,512 related

  • Digna Louis

    CFO

    Total calculated
    $802,983
    From this org
    $0
    From related orgs
    $674,553
    Other
    $128,430
    Hours/week
    0.3 + 46.7 related

    Schedule J breakdown matched by us

    Base
    $0 + $572,592 related
    Bonus
    $0 + $89,220 related
    Other
    $0 + $12,741 related
    Deferred
    $0 + $78,158 related
    Nontaxable benefits
    $0 + $50,272 related
    Filer's total
    $0 + $802,983 related

  • Michele Rinn

    SR VP HUMAN RESOURCES

    Total calculated
    $513,714
    From this org
    $0
    From related orgs
    $390,915
    Other
    $122,799
    Hours/week
    0.3 + 44.4 related

    Schedule J breakdown matched by us

    Base
    $0 + $332,467 related
    Bonus
    $0 + $53,200 related
    Other
    $0 + $5,248 related
    Deferred
    $0 + $75,875 related
    Nontaxable benefits
    $0 + $46,924 related
    Filer's total
    $0 + $513,714 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

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

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.

Related corporations and trusts

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

  • Cooperating Insurance Services

    C Corporation · INSURANCE AGENT · VA · 0% owned · share of income $0 · share of assets $0

    Directly controlled by NRECA UNITED INC

  • NRECA UNITED HOLDINGS

    C Corporation · LIFE & HOSPITALIZATION INSURANCE · VA · 0% owned · share of income $0 · share of assets $0

    Directly controlled by NRECA UNITED INC

  • COOPERATIVE BENEFITS ADMINISTRATORS

    C Corporation · CLAIMS ADMINISTRATOR · VA · 0% owned · share of income $0 · share of assets $0

    Directly controlled by NRECA UNITED INC

  • COOPERATING ENERGY SERVICES

    C Corporation · SOFTWARE INTEGRATION DEVELOPMENT · VA · 0% owned · share of income $0 · share of assets $0

    Directly controlled by NRECA UNITED INC

  • HOMESTEAD FINANCIAL SERVICES CORP

    C Corporation · INVESTMENT BROKER · VA · 0% owned · share of income $0 · share of assets $0

    Directly controlled by NRECA UNITED INC

  • HOMESTEAD ADVISERS CORP

    C Corporation · INVESTMENT ADVISER · VA · 0% owned · share of income $0 · share of assets $0

    Directly controlled by RE INVESTMENT CORPORATION

Provenance

Return type
form_990
Tax year
2024
Filed
17 November 2025
IRS schema version
2024v5.1
Source object
202543219349318324

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