Mission
PAYMENT OF HEALTH AND WELFARE BENEFITS FOR THE ACTIVE EMPLOYEES OF XCEL ENERGY INC. AND ITS SUBSIDIARIES.
Public Charity
XCEL ENERGY INC VEBA FOR ACTIVE EMPLOYEES
Based in MINNEAPOLIS, MN, XCEL ENERGY INC VEBA FOR ACTIVE EMPLOYEES operates as a Public Charity. The organization reported $237.1M in revenue, $218.7M in expenses, $62.5M in total assets for fiscal year 2024.
EIN: 416383796
MINNEAPOLIS, MN
Voluntary Employees Beneficiary Associations (Non-Government)
NTEE: Y43
Latest filing: 2024
Total Revenue$237.1M
Total Expenses$218.7M
Total Assets$62.5M
Grant Records0
Filing Years2020–2024
Where $100 goes at Xcel Energy Inc Veba for Active Employees
How Xcel Energy Inc Veba for Active Employees divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.
$99
Programs
the work itself
$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $99 for programs
$99
Benefits paid to or for its members
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
Trustee
Wells Fargo Bank Na
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $237.1M | $218.7M | $62.5M |
| 2023 | $209.2M | $205.7M | $44.2M |
| 2022 | $184.5M | $175.4M | $42.1M |
| 2020 | $152.6M | $153.6M | $25.9M |
Between 2020 and 2024, reported annual revenue grew from $152.6M to $237.1M (+55%), with total assets most recently reported at $62.5M.
Interactive year-over-year charts and full filing details available with membership.