Form 990 for tax year 2024

Totals

Total revenue

$46,685,783

Total expenses

$46,571,856

Contributions and grants received

$0

Grants paid

$931,600

Program service revenue

$46,566,380

Investment income

$119,101

Other revenue

$302

Total assets, end of year

$4,352,330

Total liabilities, end of year

$1,229,959

Net assets or fund balances, end of year

$3,122,371

Program services expenses (Part IX)

$45,019,587

Management and general expenses

$1,552,269

Fundraising expenses

$0

Program service expenses (Part III)

$45,019,587

Program services were 96.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

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.

Mission and programs · 2024

• RETIREE RESOURCES CORPORATION'S (RRC) PRIMARY PURPOSE IS TO AID AND SUPPORT THE TENNESSEE VALLEY AUTHORITY (TVA) IN ITS POWER AND ENERGY MISSION AS WELL AS ITS WATERSHED MANAGEMENT, PUBLIC RECREATION, ECONOMIC AND COMMUNITY DEVELOPMENT, ENERGY EDUCATION AND CONSERVATION, AND ENVIRONMENTALLY RESPONSIBLE USE AND DEVELOPMENT OF NATURAL RESOURCES. RRC DOES THIS BY PROVIDING WELL TRAINED PERSONNEL FOR SHORT-TERM STAFF AUGMENTATION TO SUPPLEMENT TVA'S WORKFORCE REQUIREMENTS. RRC EMPLOYEES ARE MADE UP OF FORMER TVA EMPLOYEES OR TVA RETIREES. RRC PROVIDES STAFF AT A COST EFFECTIVE RATE TO TVA, THEREBY LESSENING THE BURDEN OF GOVERNMENT. IN ADDITION, RRC IS INVOLVED IN PUBLIC OUTREACH EDUCATIONAL PROGRAMS IN CONJUNCTION WITH TVA. RRC ALSO SUPPORTS OTHER RELATED TAX-EXEMPT ORGANIZATIONS THAT PURSUE ACTIVITIES SIMILAR TO THOSE ENGAGED IN BY RRC.

  Expenses $45,019,587 · Grants $931,600 · Revenue $46,566,682

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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

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

• BICENTENNIAL VOLUNTEERS INC

  $931,600

  SUPPORT RELATED ORGANIZATION IN ITS MISSION TO SUPPORT THE TENNESSEE VALLEY AUTHORITY AND THE PEOPLE OF THE TVA SERVICE AREA BY HELPING TO FUND CHARITABLE PROJECTS MANAGED BY BVI.

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.

• NATIONAL EMERGENCY ASSISTANCE INC

  501(C)(3) · TO PROVIDE AID AND SUPPORT TO TVA AND FEMA. · TN

• BICENTENNIAL VOLUNTEERS INCORPORATED

  501(C)(3) · TO PROVIDE AID AND SUPPORT TO TVA AND FEMA. · TN

Provenance

Return type

form_990

Tax year

2024

Filed

10 June 2026

IRS schema version

2024v5.5

Source object

202601629349301315

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.