Charity Impact Media

Home › Public safety, disaster preparedness & relief

Retiree Resources Corporation

Knoxville, TN · EIN 62-1870279 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

Retiree Resources Corporation reported $46.7 million in revenue and $46.6 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $96.67 went to program services, $3.33 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 99.7% of the total. The highest compensation it reported for one person was $328,540 (PROJECT MANAGER). 190 people received more than $100,000 in reportable compensation. Revenue rose 4% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $47M

For context, the median across 67 covered public safety, disaster preparedness & relief charities: $92.61 programs, $7.29 management, $0.10 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $47M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 67 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
96.7%89.6%
Management & general
Part IX 25(C) ÷ 25(A)
3.3%7.1%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.1%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.0%87.0%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
99.7%2.8%
Highest reported compensation
Part VII-A, columns D–F
$328,540$350,135
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.71%1.29%
People paid over $100,000
Part VII, line 2
1908
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
0.88.0
Independent voting board members
Part VI 1a–1b
3 of 4100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$45M expenses · 100.0% of program spending · grants $932K · revenue $47M

Retiree Resources Corporation's (rrc) primary purpose is to aid and support the tennessee valley authority (tva) in its power and energy mission as well as its watershed management, public recreation, economic and community development, energy education and conservation, 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…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PROJECT MANAGER
Highest compensated employee, 53.00 hrs/week
$328,540$0$0$328,540
PRODUCTION ENGINEER
Highest compensated employee, 76.00 hrs/week
$306,522$0$0$306,522
NEW SITE CONSTRUCTION MANA
Highest compensated employee, 59.00 hrs/week
$267,743$0$0$267,743
ADVISO
Highest compensated employee, 53.00 hrs/week
$267,036$0$0$267,036
PRESIDENT
Officer, 15.00 hrs/week
$0$206,716$46,250$252,966
CFO
Officer, 15.00 hrs/week
$0$199,047$48,750$247,797
MECHINCAL ENGINEER
Highest compensated employee, 39.00 hrs/week
$233,176$0$0$233,176
MEMBER
Director/trustee, 8.00 hrs/week
$0$25,997$0$25,997

190 people received more than $100,000 in reportable compensation from Retiree Resources Corporation (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$47M$47M96.7%$3.1M$328,540
FY2024 ⓘ$49M$49M97.2%$3.0M$265,812
FY2023 ⓘ$48M$48M97.7%$2.9M$356,025
FY2022 ⓘ$48M$48M98.2%$2.8M$265,230
FY2021 ⓘ$46M$46M98.5%$2.5M$290,366
FY2020 ⓘ$45M$45M98.5%$2.2M$254,464

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b4 · 3 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5513

Correct a figure or respond

Every number above is copied from Retiree Resources Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Retiree Resources Corporation, you can publish a response that is linked from this page.

Questions people ask

How much of Retiree Resources Corporation's spending goes to programs?

In the fiscal year ending September 30, 2025, Retiree Resources Corporation reported that 96.7% of its $46.6 million in expenses went to program services, 3.3% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Retiree Resources Corporation pay its top executive?

The largest total compensation Retiree Resources Corporation reported for one person in the fiscal year ending September 30, 2025 was $328,540, for the role of PROJECT MANAGER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Retiree Resources Corporation get its money?

Of $46.7 million in revenue in the fiscal year ending September 30, 2025, 0.0% came from contributions and grants and 99.7% from program service revenue (Form 990, Part VIII).

Is Retiree Resources Corporation a registered charity?

The IRS lists EIN 62-1870279 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202601629349301315 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202521689349300807 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202412279349301736 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202341729349300244 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202212039349300736 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202142079349300944 · read the filing

All filings for EIN 62-1870279: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.