OMB No. 1545-0047 Return of Organization Exempt From Income Tax Form Under section 501(0), 527, or of the Internal Revenue Code (except private foundations) 17 Depa?mgm of the Treasury Do not enter social security numbers on this form as it may be made public. Internal Revenue Sewice I. Go to for instructions and the latest information. A For the 2017 calendar year, or tax year beginning and ending goggle: Name of organization. Employer identification number NATI ONAL RURAL ELECTRI tress COOPERATIVE as SOCIATION gig; Doing business return Number and street (or PD. box if mail is not delivered to street address) Roomr?suite Telephone number 4301 WILSON BLVD (703)907?5960 ated City or town, state or province, country, and ZIP or foreign postal code Gross receipts gated? ARLINGTON VA 2 2 2 0 3 H(a) Is this a group return 1:93:32? Name and address of principal officeer IM MATHESON for subordinates? :IYes No pen mg H(b) Are all subordinates included?l:i Yes )3 NO Tax-eth status: 501(c)(3) lii 501(c)( 6 )4 (insert no.) 1?1 or 527 if attach a list. (see instructions) Website: NRECA - COOP H(c) Group exemption number Form of organization: IL, COTPOFHTIUH 1?1 LI Other? Year of formation: 1 9 4 2] State of legal domicile: DC Part I I Summary a, 1 Briefly describe the organization's mission or most signi?cant activities: MEMBERSHIP ASSOCIATI 0N DEDICATED TO REPRESENTING THE NATIONAL INTEREST OF COOPERATIVE ELECTRIC 2 Check this box if the organization discontinued its operations or disposed of more than 25% of its net assets. 3 3 Number of voting members of the governing body (Part VI, line 1a) 3 4 7 4 Number of independent voting members of the governing body (Part VI, line 1b) v, 4 4 7 5 Totai number of individuals employed in calendar year 2017 (Part v, line 2a) 5 8 4 4 6 Total number of volunteers (estimate if necessary) 6 0 7 a Total unrelated business revenue from Part column (C), line Net unrelated business taxable income from Form QED-T, line Prior Year Current Year 0 8 Contributions and grants (Part vm, line 1h150 322: 292 - 152 355 559? 10 Investment income (Part column (A), lines Other revenue (Part column (A), lines 5, 6d, 8c, QC, 100, and 11sTotal revenue - add lines 8 through 11 (must equal Part column (A), line 12Grants and similar amounts paid {Part IX, column (A). lines 1-3) 0 0 - 14 Benefits paid to or for members (Part IX, column (A), line 4) 0 - 15 Salaries, other compensation, employee bene?ts (Part IX, column (A), lines 5-1016a Professional fundraising fees (Part IX, column (A), line 1 1e) 0 a 0 a Total fundraising expenses (Part lX, column (D), line 25) 0 - 17 Other expenses (Part IX, column (A), lines 11a-11d, 11f?24eTotal expenses. Add lines 13-1? (must equal Part IX, column (A), line 25Flevenue less expenses. Subtractline18frcm line12 .. ?5:13 Beginning of Current Year End of Year 9% 20 187,508r149- 195:222r952- Fig 21 .. 106:2451414' gu?: 22 Net assets or fund balances. Subtract line 21 from line Part II Signature Block Under penalties of perjury, declare that i have examined this return, inoiuding accompanying schedules and statements, and to the best of my knowledge and belief, it is (other than officer) is base,de all information of which preparer has any knowledge- true, correct, and stringing Declaration of preparer a? was, i were Sign Sign?ature oi'otfioer Date Here VENEICIA SR . VP FINANCE Type or print name and title Printri?ype preparer's name Preparer's signature Date Pheck Paid gall-employed Preparer Firm's name Firm's EIN USE Firm?s address Phone no. May the IRS discuss this return with the preparer shown above? (see instructions} .. Yes No Form 990 (2017) rszom 11-23-17 LHA For Paperwork Reduction Act Notice, see the separate instructions. SEE SCHEDULE 0 FOR ORGANIZATION MISSION STATEMENT CONTINUATION NATIONAL RURAL ELECTRIC Rmn%OQm? COOPERATIVE ASSOCIATION 53?0116145 pme2 I Part Statement of Program Service Accomplishments Check if Schedule 0 contains a response or note to any line in this Part .. 1 Brie?y describe the organization?s mission: PURPOSE IS TO ENGAGE IN THE COMPILATION AND DISSEMINATION OF INFORMATION WITH RESPECT TO RURAL ELECTRIFICATION AND THE FURNISHING OF OTHER SERVICES TO RURAL ELECTRIC COOPERATIVES AND OTHERS IN CONNECTION WITH THE COORDINATION, ADVANCEMENT, AND DEVELOPMENT OF 43 Did the organization undertake any signi?cant program services during the year which were not listed on the prior Form 990 or ego?E2? .. Yes No If "Yes," describe these new services on Schedule 0. I Did the organization cease conducting, or make signi?cant changes in how it conducts, any program services? i:i Yes No If "Yes," describe these changes on Schedule 0. Describe the organization?s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501 organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each pr0gram service reported. (Code: (Expenses including grants of (Revenue REGULATORY, LEGAL, AND LEGISLATIVE: NRECA PROVIDES SUPPORT SERVICES TO MEMBERS RELATED TO COMPLIANCE, LEGAL, AND REGULATORY ISSUES. IN ADDITION, NRECA EDUCATES AND ADVOCATES TO MEMBERS OF CONGRESS AND THEIR STAFFS, FEDERAL AGENCIES, AND THE ADMINISTRATION ON POLICY ISSUES IMPACTING NRECA VOTING MEMBERS AND THE 42 MILLION SERVED BY NRECA VOTING MEMBERS, AND KEEPS OUR MEMBERSHIP INVOLVED WITH THE LEGISLATIVE PROCESS. :4b (Code: (Expenses inciuding grants of (Revenue CONSULTING, TRAINING, AND CONFERENCES: NRECA PROVIDES MEMBERS WITH ESSENTIAL INDUSTRY SPECIFIC TRAINING AS WELL AS DIRECTOR, MANAGER, AND EMPLOYEE CONSULTING RELATED TO THE ORGANIZATION AND PROCESS IMPROVEMENTS, AND INDUSTRY AND TECHNOLOGICAL AND CONFERENCES I AND MEMBERSHIP MEETINGS, PROMOTING COLLABORATION AND NETWORKING. 4c 4d 4e (Code: (Expenses including grants 01$ (Revenue MULTIPLE EMPLOYER BENEFIT PLAN ADMINISTRATION: NRECA PROVIDES PLAN ADMINISTRATION SERVICES ON A COST REIMBURSABLE BASIS TO THREE MULTIPLE EMPLOYER BENEFIT PROGRAMS IN WHICH MOST NRECA MEMBERS.CAN PARTICIPATE. THEY CONSIST OF TWO RETIREMENT PROGRAMS, THE NRECA RETIREMENT SECURITY PLAN, WHICH IS DEFINED BENEFIT PENSION PLAN AND IS EXEMPT FROM INCOME TAX UNDER IRS SECTION AND THE NRECA PENSION PLAN, WHICH IS A DEFINED CONTRIBUTION PENSION PLAN AND IS EXEMPT FROM INCOME TAX UNDER IRS SECTION 501. THESE TWO PLANS SERVE MORE THAN 60,000 ACTIVE AND RETIRED EMPLOYEES OF MOST NRECA MEMBERS. THE THIRD PLAN IS THE NRECA GROUP BENEFIT PROGRAM, WHICH PROVIDES MEDICAL, DENTAL, VISION, DISABILITY, LIFE, TRAVEL, AND ACCIDENT INSURANCE TO MOST NRECA MEMBERS. THIS PLAN IS EXEMPT FROM INCOME TAX UNDER IRS SECTION Other program services (Describe in Schedule including grants of (Expenses (Revenue Total program service expenses Form 990 (2017) 732002 11-28-17 12571114 144857 2017.05000 NATIONAL RURAL ELECTRIC COO NAT I ONAL RURAL EL TR I Form 990 (2017) COOPERATIVE ASSOCIATION 53u0116145 Paqea Part Checklist of Required Schedules Yes No 1 Is the organization described in section 501 or 4947(a)(1) (oth er than a private foundation)? ll "Yes," complete Schedule A .. 1 2 Is the organization required to complete Schedule 8, Schedule of Contributors? 2 3 Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public of?ce? ll "Yes, complete Schedule C, Pal? .. 3 4 Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501 election in effect during the tax year? if complete Schedule C, Perl ll .. 4 5 is the organization a section 501 (0X4), 501(c)(5), or 501 organization that receives membership dues, assessments. or similar amounts as de?ned in Revenue Procedure 98-19? it "Yes, complete Schedule C, Part 5 6 Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? lf "Yes, complete Schedule D, Partl 6 7 Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures? if "Yes, complete Schedule D, Part ll 7 8 Did the organization maintain collections of works of art, historical treasures, or other similar assets? lf Yes, complete Schedule D, Part .. 8 9 Did the organization report an amount in Part X, line 21, for escrow or custodial account liability, serve as a custodian for amounts not listed in Part or provide credit counseling, debt management, credit repair, or debt negotiation services? ll' "Yes." complete Schedule D, Pall 9 10 Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowmentsI or quasi-endowments? if ?Yes, complete Schedule D, Part 10 11 if the organization?s answer to any of the following questions is ?Yes,? then complete Schedule D, Parts Vi, Vll, Vill, IX, or as applicable. 3 Did the organization report an amount for land, buildings, and equipment in Part X, line 10? if "Yes, complete Schedule D, Pelt Vl -. 11a Did the organization report an amount for investments - other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? it "Yes," complete Schedule D, Part 11b Did the organization report an amount for investments - program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16?? ll' "Yes: complete SCthUle D: Pall .. 118 (1 Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Port x. line 16? ll ?res,? complete schedule 0. Poo lX .. 11o Did the organization report an amount for other liabilities in Part X, line 25? it "Yes, complete Schedule D, Part 11e Did the organ ization?s separate or consolidated ?nancial statements for the tax year include a footnote that addresses the organization?s liability for uncertain tax positions under FIN 48 (A80 740)? it ?Yes, complete Schedule D, Part 11f 12a Did the organization obtain separate, independent audited financial statements for the tax year? it "Yes, complete Schedule D, PolloXleool 12a Was the organization included in consolidated, independent audited ?nancial statements for the tax year? lf Yes, and it the organization answered "No" to line 123, then completing Schedule D, Parts Xi and is optional 1213 13 is the organization a school described in section ll Yes, complete Schedule 13 1421 Did the organization maintain an office, employees, or agents outside of the United States? 14a Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? ?Yes, complete Schedule Falls land lV 14b 15 Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? it "Yes, complete Schedule F, Parts ll and iv 15 16 Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If "Yes," complete Schedule F, Parts ill and iv 15 17 Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part lX, column (A). lines and 1 1e? ll "Yes, ccmolele Schedule G, Perl .. 17 18 Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part lines 10 and 8a? ll? "Yes, complete Schedule G, Pall ll 13 19 Did the organization report more than $15,000 of gross income from gaming activities on Part Vill, line tie? it "Yes, complete Schedule G, Part .. 19 Form 990 (2017) T132003 11-23-17 12571114 144857 2017.05000 NATIONAL RURAL ELECTRIC COO NATIONAL RURAL ELECTRIC Form 990 (2017} COOPERATIVE ASSOCIATION 53?0116145 page4 f, [Part IV Checklist of Required Schedules (continued) Yes No . 20a Did the organization operate one or more hospital facilities? it "Yes," complete Schedule 20a If "Yes" to line 208, did the organization attach a copy of its audited financial statements to this return? 20b 21 Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? ll "Yes," complete Schedule l, Parts and ll 21 22 Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? ll "Yes, complete Schedule l, Parts and 22 23 Did the organization answer "Yes" to Part Vii, Section A, line 3, 4, or 5 about compensation of the organization?s current and former of?cers, directors, trustees, key employees, and highest compensated employees? lf "Yes," complete Schedule .. 23 243 Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? if "Yes," answer lines 24b through 24d and complete Schedule K- ll? 90 to line 258 .. 248 Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception? 24b 0 Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt .. 240 Did the organization act as an "on behalf of? issuer for bonds outstanding at any time during the year? 24d 25a Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disquali?ed person during the year? ll? Yes, complete Schedule Part 25a is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organ ization?s prior Forms 990 or ll? complete Schedule l-l Pall .. 25b 26 Did the organization report any amount on Part X, line 5, 6, or 22 for receivables from or payables to any current or former of?cers, directors, trustees, key employees, highest compensated employees, or disqualified persons? ll "Yes," complete Schedule L, Pall ll .. 26 27 Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any oi these persons? ll "Yes." complete Schedule L, Perl .. 27 28 Was the organization a party to a business transaction with one of the following parties (see Schedule L, Part iV instructions for applicable ?ling thresholds, conditions, and exceptions): a A current or former officer, director, trustee, or key employee? lf ?Yes, complete Schedule Part lV 28a A family member of a current or former of?cer, director, trustee, or key employee? ll "Yes," complete Schedule L, Part lV 28b An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an of?cer, director, thstee, or direct or indirect owner? lf "Yes," complete Schedule Part lV 28c 29 Did the organization receive more than $25,000 in non-cash contributions? lf "Yes," complete Schedule 29 30 Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? ll complete Schedule ., 30 31 Did the organization liquidate, terminate, or dissolve and cease operations? ll ?res, complete Schedule N, Peel 31 32 Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?Pllc I?fee, complete Schedule N, Pall ll .. 32 33 Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 30177012 and 301.7701-3? lr "Yes," complete Schedule a, Part 33 34 Was the organization related to any tax-exam pt or taxable entity? lf Yes, complete Schedule Fl, Part ll, or V, and Perv, llnel .. 34 353 Did the organization have a controlled entity within the meaning of section 35a If "Yes" to line 3521, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512ib)(13)? ll ?Yes,? complete Schedule Fl, Perl V. the 2 .. 35b 36 Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non?charitable related organization? ll? "Yes, complete Schedule Fl, Pall V. 2 .. 36 37 Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? if "Yes, complete Schedule Fl, Part Vl 37 38 Did the organization complete Schedule 0 and provide explanations in Schedule 0 for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule 0 .. 33 Form 990 (201 732004 11-23-17 12571114 144857 2017.05000 NATIONAL RURAL ELECTRIC COO NATIONAL RURAL ELECTRIC COOPERATIVE ASSOCIATION 53?0116145 Pmm5 Part Statements Regarding Other Filings and Tax Compliance Check if Schedule 0 contains a response or note to any line in this Part I: Yes No 1a Enter the number reported in Box 3 of Form 1096. Enter -0- if not applicable 1a 3 7 8 Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable 1 0 0 Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? 1c 23 Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, ?led for the calendar year ending with or within the year covered by this return 2a 8 4 4 If at least one is reported on line 23, did the organization ?le all required federal employment tax returns? 2b Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e?fiie (see Instructions) 3a Did the organization have unrelated business gross income of $1 .000 or more during the year? 33 If "Yes," has it ?led a Form QQO-T for this year? if ?No, to line 3b, provide an explanation in Schedule 0 313 43 At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account}? 4a it "Yes," enter the name of the foreign country: See instructions for ?ling requirements for Form 114, Report of Foreign Bank and Financial Accounts (FEAR). 5a Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? 5a Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction? 5b If "Yee." to line 5a or 5b. did the organization ?le Form .. 5e 6e Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? 6a If "Yes, did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? .. 6b 7 Organizations that may receive deductible contributions under section 1T0(c). a Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payer? Ta If ?Yes,? did the organization notify the donor of the value of the goods or services provided? 7b Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to tile Form 8232? .. To If "Yes," indicate the number of Forms 8282 ?led during the year I 7d I Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract? 73 Did the organization, during the year, pay premiums, directly or indirectlyI on a personal benefit contract? 7f 9 If the organization received a contribution of quali?ed intellectual property, did the organization file Form 8899 as required? 79 lithe organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-0? 7h 8 Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? 8 9 Sponsoring organizations maintaining donor advised funds. a Did the sponsoring organization make any taxable distributions under section 4966'? 93 Did the Sponsoring organization make a distribution to a donor, donor advisor, or related person? 9b 10 Section 501(c)(7) organizations. Enter: a initiation fees and capital contributions included on Part line 12 10a Gross receipts, included on Form 990, Part line 12, for public use of club facilities 10b 11 Section 501(c)(12) organizations. Enter: a Gross income from members or shareholders 113 Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.) .. 11b 12a Section 4947(a)(1} non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041? 12a If "Yes," enter the amount of tax-exempt interest received or accrued during the year 12b I 13 Section 501(c)(29) qualified nonprofit health insurance issuers. a Is the organization licensed to issue qualified health plans in more than one state? 133 Note. See the instructions for additional information the organization must report on Schedule 0. Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans 13b 0 Enter the amount of reserves on hand .. 130 14a Did the organization receive any payments for indoor tanning services during the tax year? 14a if "Yes," has it filed a Form 720 to report these payments? if ?No, provide an explanation in Schedule 0 14b Form 990 (2017) 732005 11?2347 12571114 144857 NATIONAL RURAL ELECTRIC COO NATIONAL RURAL ELECTRI Form 990 COOPERATIVE ASSOCIATION 53-0115145 Page6 Part VI Governance, Management, and Disclosure For each "Yes" response to fines 2 through 7b beiow, and tore "No" response to line 8a, 8b, or 1 Ob beiow, describe the circumstances, processes, or changes in Scheduie 0. See instructions. Check if Schedule 0 contains a response or note to any line in this Part VI Section A. Governing Body and Management Yes No 1a 47 1a Enter the number of voting members of the governing body at the end of the tax year If there are material differences in voting rights among members ofthe governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule 0. in Enter the number of voting members included in line 1a, above, who are independent 11:: 4 7 2 Did any of?cer, directorI trustee, or key employee have a family relationship or a business relationship with any other officer. director. trustee. or key employee? .. 3 Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors, or trustees, or key employees to a management company or other person? 4 Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? Did the organization become aware during the year of a significant diversion of the organization 's assets? 6 Did the organization have members or stockholders? 7a Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or mute-cc 01 more members of the governing body? .. Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or 7b Persons other than the governing body? .. Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following: a The governing body? .. 8a Each committee with authority to act on behalf of the governing body? 8b 9 is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization '3 mailing address? if l?res, provide the names and addresses in Schedule 0 .. Section B. Policies (This Section 8 requests information about poiicies not required by the internai Revenue Code.) Nix: ix! l>