CSCharityScored
52

Xcel Energy Inc Veba Trust For Retired Employees

Mutual Benefit · Minneapolis, Minnesota

414 Nicollet Mall, Minneapolis, MN 55401-1927

EIN: 846266801· Founded: Nov 2004· 22 years active· Filing Year: 2022

Annual Revenue

$20.3M

Total Expenses

$50.6M

Total Assets

$369.7M

Program Spending

30%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$244K

0.5% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$244K

0% of total expenses

Where the Money Goes

30%
Programs: 30%
Payroll: 0%
Other overhead: 70%
Program Revenue$15.3M (75%)
Total Expenses$50.6M (100%)
Payroll$244K (0%)
Overhead (non-program)70%

Trust Score Breakdown

Program Spending Ratio

30% of expenses go to programs

40%

Revenue & Stability

$20.3M annual revenue

15%

Executive Compensation

$244K total officer comp (0.5% of expenses)

20%

Filing Recency

Most recent filing: 2022

15%

Asset Strength

$369.7M in assets

10%

Similar Mutual Benefit Nonprofits in Minnesota

Data from IRS Form 990 filing (2022). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.