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Retiree Resource Corp

Retiree Resource Corp

Knoxville, TN 37902
Tax ID62-1870279

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Amount

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About this organization

Revenue

$46,074,289

Expenses

$45,970,860

Website

mybvi.org

Mission

Provide aid and support to the Tennessee Valley Authority.

About

Retiree Resources Corporation's (RRC) primary purpose is to aid and support the Tennessee Valley Authority in its power and energy mission as well as its watershed management, public recreation, economic and community development, energy education and conservation, water safety education, 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. RRC provided 596 staff augmentation employees to TVA in 2018.

Interesting data from their 2020 990 filing

The filing documents outline the non-profit's mission as “Provide aid and support to the tennessee valley authority - its power and energy mission and related activities: watershed management, public recreation, economic and community development, energy education and conservation, water safety education, and environmentally responsible use and development of natural resources.”.

When outlining the tasks it performs, they were referred to as: “Provide aid and support to the tennessee valley authority.”.

  • The non-profit's reported state of operation is TN as per legal requirements.
  • The filing reveals that the address of the non-profit in 2020 is 400 W SUMMIT HILL DRIVE, KNOXVILLE, TN, 37902.
  • As of 2020, the non-profit has 596 employees reported on their 990 form.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $103,429.
  • The organization has 5 independent voting members.
  • The organization was formed in 2001.
  • The organization pays $42,073,715 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.

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