2026-09-10T15:32:05-05:00 2025-12-31 423603499 EIDE BAILLY ADVISORY LLC 345 N REID PL STE 400 SIOUX FALLS SD 571037077 990 2025-01-01 470394033 NEBRASKA RURAL ELECTRIC ASSOCIATION NEBR 4024754988 PO BOX 82048 LINCOLN NE 68501 RICHARD NELSON GENERAL MANAGER 4024754988 2026-09-10 1 LAURIE HANSON P00851848 6053391999 2026-09-10 2025 RICHARD NELSON PO BOX 82048 LINCOLN NE 68501 3057253 0 X WWW.NREA.ORG X 1935 NE SUPPORTS MEMBERS BY PROVIDING ESSENTIAL SERVICES RELATED TO ELECTRIFICATION. 35 35 6 0 58501 0 1173578 1884494 969744 1113280 55712 47962 28796 11517 2227830 3057253 0 0 0 0 712197 775414 0 0 0 2229409 2291676 2941606 3067090 -713776 -9837 1432825 1355077 339279 271296 1093546 1083781 PROVIDE VALUE AND SUPPORT THROUGH ESSENTIAL SERVICES. 0 0 THE TRADE ASSOCIATION HAS 35 RURAL ELECTRIC SYSTEMS THAT PROVIDE ELECTRIC SERVICES IN RURAL AREAS AND SMALL TOWNS IN NEBRASKA. NEBRASKA RURAL ELECTRIC ASSOCIATION PROVIDES THEIR MEMBER-SYSTEMS WITH MAGAZINE, DIRECTORY, AND PUBLIC RELATIONS SUPPORT; JOB TRAINING, EDUCATION AND SAFETY; ADVOCACY AND REGULATORY COMPLIANCE; AND OTHER SPECIAL SERVICES RELATED TO ELECTRIFICATION. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 59 0 1 6 1 1 1 0 0 0 0 0 0 0 X 35 35 0 1 0 0 1 1 0 1 1 0 0 0 1 0 1 1 0 1 0 0 X THE ORGANIZATION 4024754988 PO BOX 82048 LINCOLN NE 68501 X GREG STREHLE PRESIDENT 2.00 X X 3600 0 0 VANCE MCCOY VICE PRESIDENT 2.00 X X 1200 0 0 DAN SCHEER SECRETARY/TREASURER 2.00 X X 3250 0 0 MICHAEL WILLIAMS DIRECTOR 1.00 X 1400 0 0 MARK BLAZEK DIRECTOR 1.00 X 1400 0 0 RANDY PAPENHAUSEN DIRECTOR 1.00 X 800 0 0 JUSTIN BRICKNER DIRECTOR (UNTIL OCT '25) 1.00 X 1000 0 0 RICHARD KILDOW DIRECTOR 1.00 X 1000 0 0 ROBERT GRAY JR DIRECTOR 1.00 X 1800 0 0 DENNIS KUCHAR DIRECTOR 1.00 X 1000 0 0 MERLIN PRIOR DIRECTOR 1.00 X 1400 0 0 JAMES LEE DIRECTOR 1.00 X 1400 0 0 TOM SCHLACK DIRECTOR 1.00 X 0 0 0 HARRY WALAHOSKI DIRECTOR (UNTIL MAY '25) 1.00 X 200 0 0 JIM RUGGLES DIRECTOR 1.00 X 600 0 0 DAVID KEENER DIRECTOR 1.00 X 600 0 0 JERRY CHILDERS DIRECTOR 1.00 X 1400 0 0 STEWART HUNEKE DIRECTOR 1.00 X 1200 0 0 RON STECH DIRECTOR 1.00 X 1200 0 0 KEVIN CHRISTY DIRECTOR 1.00 X 1400 0 0 BRYAN MONAHAN DIRECTOR 1.00 X 1400 0 0 MARK BECKER DIRECTOR 1.00 X 1400 0 0 DANA MEYER DIRECTOR 1.00 X 1400 0 0 DAMON C BIRKHOFER DIRECTOR (AS OF OCT '25) 1.00 X 200 0 0 DAVID WOODS DIRECTOR 1.00 X 1400 0 0 BRENT EVANS DIRECTOR 1.00 X 1400 0 0 DOUGLAS OERTWICH DIRECTOR 1.00 X 800 0 0 DENNIS WHITE DIRECTOR 1.00 X 1400 0 0 MARCUS MILANUK DIRECTOR 1.00 X 1400 0 0 MARK KNAUB DIRECTOR 1.00 X 1000 0 0 MARK WYMAN DIRECTOR 1.00 X 1000 0 0 JAMES KOUNOVSKY DIRECTOR 1.00 X 1000 0 0 JERRY FULLERTON DIRECTOR (AS OF OCT '25) 1.00 X 200 0 0 RANDY WADAS DIRECTOR (AS OF AUG '25) 1.00 X 400 0 0 TOM ROBERTS DIRECTOR 1.00 X 1400 0 0 AJ KUXHAUSEN DIRECTOR (ALTERNATE) 1.00 X 0 0 0 DON BATIE DIRECTOR (AS OF SEPT '25) 1.00 X 0 0 0 KEVIN THOMAS DIRECTOR (UNTIL OCT '25) 1.00 X 0 0 0 AC PAT HECOX II DIRECTOR (UNTIL JAN '25) 1.00 X 0 0 0 RICHARD NELSON GENERAL MANAGER 1.00 X 0 0 0 RACHAEL BLACK DIRECTOR OF ADMINISTRATIVE SERVICES & EVENTS 40.00 X 141638 0 85113 JAMES DUKESHERER GRASSROOTS COORDINATOR 40.00 X 137496 0 70043 JOHN WAYNE PRICE EDITOR NEBRASKA MAGAZINE 40.00 X 100308 0 59971 421092 0 215127 3 0 1 0 NORTHEAST COMMUNITY COLLEGE PO BOX 469 NORFOLK NE 687020469 CONTRACT LABOR 490978 ARADIUS 4700 F ST OMAHA NE 681171462 MAGAZINE PRODUCTION/PRINTING 292716 CUSTER PPD 625 EAST SOUTH EAST ST BROKEN BOW NE 688220010 GENERAL MANAGER CONTRACT 236391 BLANKENAU WILMOTH JARECKE LLP 2900 S 70TH STE 150 LINCOLN NE 68506 LEGAL SERVICES 183178 4 1861444 23050 1884494 MEETING & EDUCATION 513120 484677 484677 MAGAZINE REVENUE 513120 484213 484213 LOSS CONTROL PARTICIPA 513120 85889 85889 ADVERTISING REVENUE 513120 58501 58501 1113280 47962 47962 MISCELLANEOUS REVENUE 900099 11517 11517 11517 3057253 1054779 58501 59479 X 48450 460418 126658 104331 35557 236391 84004 46797 43220 615635 52364 10541 33968 47108 74731 451704 25735 22808 MAGAZINE EXPENSES 477406 DUES & SUBSCRIPTIONS 42679 EQUIPMENT EXPENSES 23737 2848 3067090 708550 533068 157229 187870 46823 156067 977703 523112 486525 454591 1250 1250 32448 22231 1432825 1355077 212399 171424 126880 99872 339279 271296 X 1093546 1083781 1093546 1083781 1432825 1355077 -9837 72 0 X 0 1 X 1 0 1 0 0 40000 40000 736752 348438 388314 171632 151749 19883 29319 22925 6394 454591 ASSOCIATED GROUPS LIABILITY 75287 CAPITAL LEASE LIABILITY 7249 OPERATING LEASE LIABILITY 17336 99872 X 3057253 0 3057253 0 3057253 3067090 0 3067090 0 3067090 PART X, LINE 2: THE ASSOCIATION BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ASSOCIATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. X 0 0 0 RACHAEL BLACK DIRECTOR OF ADMINISTRATIVE SERVICES 141638 0 0 0 0 0 51251 0 36136 0 229025 0 0 0 JAMES DUKESHERER GRASSROOTS COORDINATOR 137496 0 0 0 0 0 38580 0 33734 0 209810 0 0 0 JOHN WAYNE PRICE EDITOR NEBRASKA MAGAZINE 100308 0 0 0 0 0 28508 0 33221 0 162037 0 0 0 SCHEDULE J, PART II, COLUMN C; PER THE INSTRUCTIONS, COLUMN C INCLUDES THE CHANGE IN ACTUARIAL VALUE OF THE DEFINED BENEFIT PLAN RATHER THAN THE ACTUAL EMPLOYER CONTRIBUTION TO THE PLAN. THE CHANGE IN ACTUARIAL VALUE MAY BE MORE OR LESS THAN THE ACTUAL CONTRIBUTION. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE CONSISTS OF THE PRESIDENT, VICE PRESIDENT, AND SECRETARY/TREASURER. THE EXECUTIVE COMMITTEE HOLDS THE POWER TO CALL A SPECIAL MEETING OF THE BOARD AND MAKE DECISIONS WHEN IT'S NOT PRACTICABLE TO CONSIDER EMERGENT MATTERS AT A REGULAR OR SPECIAL BOARD MEETING. FORM 990, PART VI, SECTION A, LINE 3 RICHARD NELSON SERVES AS THE GENERAL MANAGER FOR NEBRASKA RURAL ELECTRIC ASSOCIATION UNDER A MANAGEMENT AGREEMENT WITH CUSTER PUBLIC POWER DISTRICT. CUSTER PUBLIC POWER DISTRICT RECEIVED $236,391 AS A MANAGEMENT FEE IN 2025. THE COMPENSATION RICHARD NELSON RECEIVED FROM CUSTER PUBLIC POWER DISTRICT FOR SERVICES PROVIDED TO NREA HAS NOT BEEN QUANTIFIED. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS VOTING AND NON-VOTING MEMBERS. EACH PUBLIC POWER DISTRICT, ELECTRIC COOPERATIVE AND/OR MEMBERSHIP ASSOCIATION OR CORPORATION DOMICILED OR DOING BUSINESS IN NEBRASKA, AND MAINTAINING AN ELECTRIFICATION SYSTEM, OR WHICH GENERATES OR CONTRACTS FOR THE SALE OR PURCHASE OF ELECTRICITY WHICH IS USED BY SUCH ELECTRIFICATION SYSTEMS, SHALL BE ENTITLED TO MEMBERSHIP IN THE NEBRASKA RURAL ELECTRIC ASSOCIATION UPON APPROVAL OF THE NREA BOARD OF DIRECTORS AND COMPLIANCE WITH THE REQUIREMENTS AS SET FORTH IN THE BYLAWS. FORM 990, PART VI, SECTION A, LINE 7A EACH VOTING MEMBER OF THE ASSOCIATION ANNUALLY ELECTS A REPRESENTATIVE WHO SHALL BE THEIR NREA DELEGATE. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE COMMITTEE REVIEWS FORM 990 BEFORE IT IS FILED WITH THE IRS. THE EXECUTIVE COMMITTEE RECEIVES A COPY, ANYONE AT THE BOARD MEETING WHERE IT IS PRESENTED WILL HAVE ACCESS TO A COPY. COPIES WILL NOT BE PROVIDED TO THOSE NOT IN ATTENDANCE UNLESS REQUESTED. FORM 990, PART VI, SECTION B, LINE 12C POTENTIAL CONFLICTS OF INTERESTS ARE REVIEWED BY THE BOARD OF DIRECTORS. THE BOARD MUST PROVIDE THE DIRECTOR WITH THE OPPORTUNITY TO DEFEND THEIR POTENTIAL CONFLICT AND DETERMINE WHETHER THE DIRECTOR HAS COMPLIED WITH THE POLICY. IF THE DIRECTOR DID NOT COMPLY WITH THE POLICY, THEN THE BOARD ALLOWS THIRTY DAYS TO COMPLY OR THE BOARD WILL SANCTION, DISQUALIFY, AND/OR REMOVE THE DIRECTOR. FORM 990, PART VI, SECTION B, LINE 15A THE GENERAL MANAGER'S COMPENSATION IS DETERMINED BY A CONTRACTUAL ARRANGEMENT WITH THE CUSTER PUBLIC POWER DISTRICT. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VII PER THE INSTRUCTIONS, COLUMN F INCLUDES THE CHANGE IN ACTUARIAL VALUE OF THE DEFINED BENEFIT PLAN RATHER THAN THE ACTUAL EMPLOYER CONTRIBUTION TO THE PLAN. THE CHANGE IN ACTUARIAL VALUE MAY BE MORE OR LESS THAN THE ACTUAL CONTRIBUTION. FORM 990, PART IX, LINE 11G PROFESSIONAL/CONTRACTED FEES 615,635.