Xcel Energy Inc Veba Trust For Retired Employees
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 59,322,600 | 52,646,041 | 6,676,559 | 97.6 | 0% |
| 2012 | 112,337,806 | 52,641,501 | 59,696,305 | 111.2 | 0% |
| 2013 | 55,658,990 | 44,965,923 | 10,693,067 | 132.6 | 3% |
| 2014 | 30,289,129 | 47,313,862 | −17,024,733 | 121.7 | 3% |
| 2015 | 14,991,473 | 41,283,951 | −26,292,478 | 131.8 | 2% |
| 2016 | 39,461,000 | 45,026,537 | −5,565,537 | 119.4 | 2% |
| 2017 | 62,201,168 | 43,468,134 | 18,733,034 | 128.8 | 2% |
| 2018 | 2,918,489 | 46,236,763 | −43,318,274 | 109.9 | 2% |
| 2020 | 58,395,899 | 53,898,488 | 4,497,411 | 101.4 | 1% |
| 2021 | 63,575,592 | 73,700,861 | −10,125,269 | 72.5 | 1% |
| 2022 | 20,341,520 | 50,594,145 | −30,252,625 | 87.4 | 0% |
| 2023 | 33,208,322 | 62,198,692 | −28,990,370 | 69.8 | 0% |
In its most recent public year (2023), this organization spent $28,990,370 more than it brought in. Its reserves stood at about 69.8 months of spending, down from 97.6 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
Xcel Energy Inc Veba Trust For Retired Employees'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