YMutual & Membership BenefitEIN: 846266801· Ruling Year: 2004

Xcel Energy Inc Veba Trust For Retired Employees

Minneapolis, Minnesota

BHealth Score
64B

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 22 peers in Mutual & Membership Benefit with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org5.82×
Peer Median10.70×
💰
$33.2M
Total Revenue
📊
$62.2M
Total Expenses
🏦
$361.7M
Net Assets
📋
$428K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+63.3%
Year-over-year change (2022 → 2023)
Net Margin
-87.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
5.82
Net assets divided by total expenses
Liabilities-to-Assets
0.1%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$33,208,32263%$62,198,69223%$362,125,8402%
2022$20,341,52068%$50,594,14531%$369,656,28517%
2021$63,575,5929%$73,700,86137%$445,588,7982%
2020$58,395,8991901%$53,898,48817%$455,679,8148%
2018$2,918,48995%$46,236,7636%$423,439,5359%
2017$62,201,16858%$43,468,1343%$466,720,4514%
2016$39,461,000163%$45,026,5379%$447,986,9531%
2015$14,991,47351%$41,283,95113%$453,571,9856%
2014$30,289,12946%$47,313,8625%$479,981,0113%
2013$55,658,99050%$44,965,92315%$496,882,7982%
2012$112,337,80689%$52,641,501$487,765,20111%
2011$59,322,600$52,646,041$439,969,250

Frequently Asked Questions

What does Xcel Energy Inc Veba Trust For Retired Employees do?

Xcel Energy Inc Veba Trust For Retired Employees is a mutual & membership benefit nonprofit organization based in Minnesota. It is classified under NTEE code Y43 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Xcel Energy Inc Veba Trust For Retired Employees financially healthy?

Based on our 9-metric Financial Health Score model, Xcel Energy Inc Veba Trust For Retired Employees has a score of 64/100 (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 Xcel Energy Inc Veba Trust For Retired Employees generate?

Xcel Energy Inc Veba Trust For Retired Employees reports $41.3M in annual revenue and holds $349.1M in total assets, based on IRS filings.

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