Public Charity

HAWAIIAN ELECTRIC INDUSTRIES INC VEBA TRUST FOR BARGAINING UNIT EMPLOYEES

HAWAIIAN ELECTRIC INDUSTRIES INC VEBA TRUST FOR BARGAINING UNIT EMPLOYEES is a nonprofit organization categorized as Public Charity based in HONOLULU, HI. Its most recent IRS filing (2024) reports revenue of $26.8M, expenses of $5.9M, total assets of $156.5M.

EIN: 996067555 HONOLULU, HI Latest filing: 2024
Total Revenue$26.8M
Total Expenses$5.9M
Total Assets$156.5M
Grant Records0
Filing Years2020–2024

Mission

THE TRUST IS A FUNDING VEHICLE FOR THE "POST-RETIREMENT WELFARE BENEFITS PLAN FOR THE EMPLOYEES OF HAWAIIAN ELECTRIC COMPANY, INC. AND PARTICIPATING EMPLOYERS."

Officers & Directors

(SEE SCHEDULE O) Hei Pension Investment Committee

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $26.8M $5.9M $156.5M
2023 $7.7M $6.1M $142.4M
2022 $8.4M $6.2M $128.3M
2020 $5.0M $5.8M $142.0M

Between 2020 and 2024, reported annual revenue grew from $5.0M to $26.8M (+438%), with total assets most recently reported at $156.5M.

Interactive year-over-year charts and full filing details available with membership.

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