NonprofitsXcel Energy Inc Veba Trust For Retired Employees

Mutual & Membership Benefit

Xcel Energy Inc Veba Trust For Retired Employees

MINNEAPOLIS, MN

Total revenue

$41.3M

Total expenses

$64.5M

Net assets

$348.8M

Grants received

EIN

846266801

Tax year

2024

Mission

Payment of health and welfare benefits for the retirees of xcel energy inc. And its subsidiaries.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$15.0M
Investment income$12.1M
Other revenue$14.2M
Total revenue$41.3M

Expenses

Grants paid
Salaries & benefits$133K
Fundraising
Other expenses$1.2M
Total expenses$64.5M
Total assets$349.1M
Net assets$348.8M

People

1 listed

NameRoleCompensation

PRINCIPAL TRUST COMPANY

TRUSTEE

Board

$133K

0

Independent contractors

MERCK

ADMINISTRATIVE SERVICES

$929K

DELTA DENTAL OF MINNESOTA

ADMINISTRATIVE SERVICES

$104K

Details

EIN846266801
NTEE codeY43
Subsection09
Ruling date2004-11
Formed1993
Employees0
Volunteers0
XCEL ENERGY INC VEBA TRUST FOR RETIRED EMPLOYEES — Mission, Financials & Grants Received | Grantivo