Trust Agreement For Duke Energy Corp Welfare Benefits Trust Veba I
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 222,379,107 | 215,078,554 | 7,300,553 | 4.4 | 0% |
| 2012 | 234,358,523 | 237,433,706 | −3,075,183 | 4.0 | 0% |
| 2013 | 243,874,111 | 244,471,985 | −597,874 | 4.0 | 0% |
| 2014 | 314,217,197 | 309,558,459 | 4,658,738 | 3.5 | 0% |
| 2015 | 358,477,783 | 355,930,095 | 2,547,688 | 3.0 | 0% |
| 2016 | 379,922,476 | 386,893,195 | −6,970,719 | 2.5 | 0% |
| 2017 | 379,106,534 | 385,188,218 | −6,081,684 | 2.4 | 0% |
| 2018 | 414,489,294 | 421,825,316 | −7,336,022 | 1.9 | 0% |
| 2019 | 431,731,523 | 425,082,319 | 6,649,204 | 1.9 | 0% |
| 2020 | 403,322,768 | 396,534,362 | 6,788,406 | 2.0 | 0% |
| 2021 | 421,418,406 | 418,738,003 | 2,680,403 | 1.7 | 0% |
| 2022 | 409,904,542 | 413,079,517 | −3,174,975 | 1.5 | 0% |
| 2023 | 146,053,009 | 195,686,306 | −49,633,297 | 0.1 | 0% |
In its most recent public year (2023), this organization spent $49,633,297 more than it brought in. Its reserves stood at about 0.1 months of spending, down from 4.4 in 2011. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Trust Agreement For Duke Energy Corp Welfare Benefits Trust Veba I's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works