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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Nreca Group Benefits Trust

Nreca Group Benefits Trust

Fiscal year ending 2024. Filed on November 17, 2025.

4301 Wilson Boulevard
Arlington, Virginia 22203

Nreca Group Benefits Trust (EIN: 56-6208927) has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2024 IRS Form 990 filing, Nreca Group Benefits Trust, a 501(c)(9) voluntary employees' beneficiary association, reported compensation for 5 employees. Among the employees shown here, the average compensation is $694,127. The highest compensated employee at Nreca Group Benefits Trust is Peter Baxter with fiscal year 2024 compensation of $1,375,081.

Revenue, expenses, and employee compensation

Revenue

$838,293,694

Expenses

$844,136,338

Employee compensation

$69,168
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Peter Baxter
Senior Vice President
$1,375,081
$0 $1,235,344 $139,737
Mel Coleman
Vice Chair
$635,291
$0 $602,148 $33,143
Jennifer Meason
Member (AS of 03/24)
$514,000
$0 $338,630 $175,370
Bryan Case
Chair
$476,413
$0 $319,893 $156,520
David Spradlin
Member
$469,851
$0 $299,811 $170,040

Benchmark Employee Compensation

Non-Employee Board Members

Gene Morris
Member (AS of 03/24)
$91,682
$0 $91,682 No other comp
State Street Corporation
Institutional Trustee
$69,168
$69,168 No related compNo other comp
Randall Kleaving
Member (AS of 03/24)
$54,800
$0 $54,800 No other comp
Lynn Jacobson
Member
$52,282
$0 $40,282 $12,000
Don Douglas
Member
$41,750
$0 $41,750 No other comp
James Webb
Member
$37,500
$0 $37,500 No other comp
Hunter Emory
VICE Chairman (Thru 03/24)
No compensation reported
Timothy J Smith
Member (Thru 03/24)
No compensation reported
Steven W Walter
Member (Thru 03/24)
No compensation reported

Contractors

Umr
Claims Processing
$22,811,451
Optomi LLC
Consulting
$1,738,319
Caremark
Managed Care
$1,629,072
Experis It Services US LLC
Consultant
$1,457,658
Decisionpath Consulting
Consultant
$911,626

Mission Statement

PROVIDE HEALTH AND WELFARE BENEFITS TO MEMBERS OF THE NATIONAL RURAL ELECTRIC COOPERATIVE ASSOCIATION AND ITS MEMBERS.

Revisions to this organization profile

November 17, 2025:
2024 Nreca Group Benefits Trust 990 filed
November 15, 2024:
2023 Nreca Group Benefits Trust 990 filed
November 16, 2023:
2022 Nreca Group Benefits Trust 990 filed

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