CSCharityScored
51

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: 2023

Annual Revenue

$33.2M

Total Expenses

$62.2M

Total Assets

$362.1M

Program Spending

22%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$137K

0.2% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$137K

0% of total expenses

Where the Money Goes

22%
Programs: 22%
Payroll: 0%
Other overhead: 78%
Program Revenue$13.7M (41%)
Total Expenses$62.2M (100%)
Payroll$137K (0%)
Overhead (non-program)78%

Trust Score Breakdown

Program Spending Ratio

22% of expenses go to programs

40%

Revenue & Stability

$33.2M annual revenue

15%

Executive Compensation

$137K total officer comp (0.2% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$362.1M in assets

10%

Similar Mutual Benefit Nonprofits in Minnesota

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.