Mission
PAYMENT OF HEALTH AND WELFARE BENEFITS FOR THE RETIREES OF XCEL ENERGY INC. AND ITS SUBSIDIARIES.
Public Charity
XCEL ENERGY INC VEBA FOR RETIRED EMPLOYEES
XCEL ENERGY INC VEBA FOR RETIRED EMPLOYEES is a Public Charity headquartered in MINNEAPOLIS, MN. Financial data from the 2024 filing: $41.3M revenue, $64.5M expenses, $349.1M total assets.
EIN: 846266801
MINNEAPOLIS, MN
Voluntary Employees Beneficiary Associations (Non-Government)
NTEE: Y43
Latest filing: 2024
Total Revenue$41.3M
Total Expenses$64.5M
Total Assets$349.1M
Grant Records0
Filing Years2020–2024
Where $100 goes at Xcel Energy Inc Veba for Retired Employees
How Xcel Energy Inc Veba for Retired Employees divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.
$98
Programs
the work itself
$2
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 $98 for programs
$98
Benefits paid to it's 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 | $41.3M | $64.5M | $349.1M |
| 2023 | $33.2M | $62.2M | $362.1M |
| 2022 | $20.3M | $50.6M | $369.7M |
| 2020 | $58.4M | $53.9M | $455.7M |
Between 2020 and 2024, reported annual revenue declined from $58.4M to $41.3M (-29%), with total assets most recently reported at $349.1M.
Interactive year-over-year charts and full filing details available with membership.