Nevada Rural Electric Association

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1974

Legal Domicile

Phone

7752750439

Tax Period

2025-01-01 to 2025-12-31

Nevada Rural Electric Association, founded in 1974, is a small nonprofit in the Community Improvement sector that reported $528K in total revenue in fiscal year 2025. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $84K, a strong 16% operating margin.

Mission

PARTNERING TO ADVOCATE AND ADVANCE THE BENEFITS OF CONSUMER-OWNER POWER AND TO PROVIDE VALUE FOR OUR UTILITY MEMBERS.

Program Service Accomplishments

Program 1

THE ASSOCIATION REPRESENTS THE COLLECTIVE INTERESTS OF ONE MUNICIPAL UTILITY, EIGHT RURAL ELECTRIC COOPERATIVES AND THREE POWER DISTRICTS AND THEIR CONSUMERS ACROSS NEVADA BY COLLABORATING WITH...

THE ASSOCIATION REPRESENTS THE COLLECTIVE INTERESTS OF ONE MUNICIPAL UTILITY, EIGHT RURAL ELECTRIC COOPERATIVES AND THREE POWER DISTRICTS AND THEIR CONSUMERS ACROSS NEVADA BY COLLABORATING WITH NATIONAL AND REGIONAL AFFILIATES AND PROVIDING FORUMS TO COMMUNICATE AND WORK TOGEHTER TO ACHIEVE MUTUALLY BENEFICIAL GOALS. THE ASSOCIATION ADVOCATES FOR CONSUMERS WITH NATIONAL AND STATE LEGISLATORS, AGENCIES LOCAL GOVERNMENTS AND LIKE-MINDED ASSOCIATIONS ABOUT THE IMPORTANCE OF THE SERVICES THEIR UTILITY MEMBERS PROVIDE. THE ASSOCIATION ALONG WITH ITS UTILITY MEMBERS, PROVIDES PROGRAMS TO EDUCATE THE PUBLIC AND YOUTH ABOUT PUBLIC POWER AND TO PROMOTE PARTICIPATION IN THE DEMOCRATIC PROCESS OF LOCAL BOARD ELECTIONS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $249,950

Program Service Revenue $266,244

Investment Income $10

Other Revenue $12,120

TOTAL REVENUE $528,324

Expense Breakdown

Grants Paid $0

Salaries & Benefits $213,268

Fundraising Expenses $0

Other Expenses $231,440

TOTAL EXPENSES $444,708

Year-over-Year Comparison

	2025	2024	Change
Revenue	$528,324	$459,040	+0.2%
Expenses	$444,708	$415,383	+0.1%
Net Income	$83,616	$43,657	+0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$178,747

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LISA LEVINE	EXECUTIVE DIRECTOR	40.00	Officer	$126,110	$0	$126,110
MENDIS COOPER	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
KEVIN ROBISON	PRESIDENT	1.00	Officer Director	$0	$0	$0
CHAD BLACK	SECRETARY	1.00	Director	$0	$0	$0
ROBERT MARSHALL	DIRECTOR	1.00	Director	$0	$0	$0
FRED FLIPPENCE	DIRECTOR	1.00	Director	$0	$0	$0
JACK NELSON	DIRECTOR	1.00	Director	$0	$0	$0
GERALD ANDERSON	DIRECTOR	1.00	Director	$0	$0	$0
KEN MAXWELL	DIRECTOR	1.00	Director	$0	$0	$0
DANE BRADFIELD	TREASURER	1.00	Director	$0	$0	$0
DOUG MILLER	DIRECTOR	1.00	Director	$0	$0	$0
DAVID HANSEN	DIRECTOR	1.00	Director	$0	$0	$0
PAUL DONAHUE	DIRECTOR	1.00	Director	$0	$0	$0
ROBBY HAMLIN	DIRECTOR	1.00	Director	$0	$0	$0
THAD BALLARD	DIRECTOR	1.00	Director	$0	$0	$0
JOE STUBITZ	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE CAIRD	VICE CHAIR	1.00	Director	$0	$0	$0
CAROLYN TURNER	PAST EXECUTIVE DIRECTOR	40.00	Officer	$52,637	$0	$52,637
MENDIS COOPER	DIRECTOR (UNTIL APRIL 9,2025)	1.00	Director	$0	$0	$0
JOE STUBITZ	DIRECTOR (UNTIL NOV 1,2025)	1.00	Director	$0	$0	$0
ME LISA GARCIA	DIRECTOR	1.00	Director	$0	$0	$0
RONALD NIMAN	DIRECTOR	1.00	Director	$0	$0	$0
GARY POINDEXTER	DIRECTOR	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$528,324	$444,708	$291,755	$83,616
2024	$459,040	$415,383	$209,537	$43,657
2023	$376,796	$301,198	$170,194	$75,598
2022	$289,859	$290,526	$109,301	$-667
2021	$321,383	$301,114	$85,745	$20,269
2020	$266,491	$231,536	$64,692	$34,955