Y โ€” Mutual & Membership BenefitEIN: 142013396ยท Ruling Year: 2008

New York State Electric And Gas Co Veba Trust

Orange, Connecticut

BHealth Score
62B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 2 peers in Mutual & Membership Benefit with $1M-$10M revenue

๐Ÿ’ฐ
$2.7M
Total Revenue
๐Ÿ“Š
$13.9M
Total Expenses
๐Ÿฆ
$17.4M
Net Assets
๐Ÿ“‹
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+104.5%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-421.7%
Revenue minus expenses as % of revenue

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,668,790โ†‘104%$13,921,900โ†‘7%$17,386,520โ†“39%
2022$1,305,320โ†“84%$13,066,238โ†“68%$28,639,630โ†“29%
2021$7,932,921โ†“7%$41,109,562โ†‘547%$40,400,548โ†“45%
2020$8,485,263โ†‘105%$6,354,457โ†“18%$73,577,189โ†‘7%
2019$4,138,203โ†‘29%$7,759,407โ†“8%$69,005,780โ†“5%
2018$3,197,323โ†“45%$8,419,830โ†“6%$72,709,840โ†“7%
2017$5,853,160โ†‘113%$8,933,345โ†‘13%$77,908,262โ†“4%
2016$2,743,437โ†“49%$7,874,096โ†‘387%$81,050,264โ†“6%
2015$5,430,699โ†‘29%$1,617,076โ†‘22%$86,171,199โ†‘5%
2014$4,225,883โ†“27%$1,324,795โ†“25%$82,377,474โ†‘4%
2013$5,788,195โ†“23%$1,754,916โ†“79%$79,502,248โ†‘6%
2012$7,554,267โ†‘759%$8,482,618โ†“77%$75,298,091โ†“1%
2011-$1,145,493$36,741,822$76,327,788

Frequently Asked Questions

What does New York State Electric And Gas Co Veba Trust do?โ–ผ

New York State Electric And Gas Co Veba Trust is a mutual & membership benefit nonprofit organization based in Connecticut. It is classified under NTEE code Y43 and is registered as a 501(c) tax-exempt organization with the IRS.

Is New York State Electric And Gas Co Veba Trust financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, New York State Electric And Gas Co Veba Trust has a score of 62/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does New York State Electric And Gas Co Veba Trust generate?โ–ผ

New York State Electric And Gas Co Veba Trust reports $3.4M in annual revenue and holds $9.5M in total assets, based on IRS filings.

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New York State Electric And Gas Co Veba Trust โ€” Orange, CT | GiveScope