NEW MEXICO GAS COMPANY INC UNION VEBA TRUST AGMNT FOR RETIREES SUBJ TO COLLECT is a nonprofit organization categorized as Public Charity based in ALBUQUERQUE, NM. Its most recent IRS filing (2024) reports revenue of $147K, expenses of $96K, total assets of $1.8M.
THIS TRUST IS ESTABLISHED FOR THE PURPOSE OF HOLDING ASSETS IN ACCORDANCE WITH SECTION 403 OF ERISA, PENDING THE PAYMENT OF RETIREE BENEFITS. NO PORTION OF THE TRUST FUND MAY BE USED OTHER THAN IN THE SOLE AND EXCLUSIVE INTEREST OF PARTICIPANTS, WHOSE ELIGIBILITY TO PARTICIPATE RESULTS FROM EMPLOYMENT AS A UNION EMPLOYEE. THE IMMEDIATELY PRECEDING SENTENCE SHALL NOT BE CONSTRUED TO LIMIT THE TRUSTEE'S ABILITY TO PAY TAXES AND ADMINISTRATIVE EXPENSES FROM THE TRUST FUND.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $147K | $96K | $1.8M |
| 2023 | $67K | $62K | $1.9M |
| 2022 | $70K | $77K | $1.7M |
| 2020 | $122K | $66K | $2.1M |
| 2019 | $224K | $186K | $2.0M |
Between 2019 and 2024, reported annual revenue declined from $224K to $147K (-34%), with total assets most recently reported at $1.8M.
Interactive year-over-year charts and full filing details available with membership.
