2025-11-13T11:06:46-06:00 2024-12-31 ERNST & YOUNG US LLP 2100 ONE PPG PLACE PITTSBURGH PA 15222 990 2024-01-01 134009945 VEBA Health Insurance Trust For Non-Union Employees Of Keyspan % THE BANK OF NEW YORK MELLON VEBA 4122342242 C/O THE BNYM PO BOX 535007 PITTSBURGH PA 152535007 SHELLY PALETTA SVP, BNYM AS TRUSTEE 4122342242 2025-11-12 true Eileen M Webb P01641852 4126447800 2025-11-12 2024 2025-03-06 01:10:19Z THE BANK OF NEW YORK MELLON PO BOX 535007 PITTSBURGH PA 152535007 231421514 false X N/A X 1998 NY PROVISION OF WELFARE BENEFITS 1 0 0 0 -3434243 1905530 0 0 3159953 55364900 21251782 733233 69159 6184 24480894 56104317 0 0 32684246 41281407 11281 74512 0 0 0 2922838 6341565 35618365 47697484 -11137471 8406833 156551799 184554705 0 0 156551799 184554705 X PROVISION OF WELFARE BENEFITS false false 0 0 0 PROVIDE BENEFITS TO ELIGIBLE MEMBERS 0 false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false true 0 0 0 true true false false false false false false false X 1 0 false false false false false false false false false false false true false false false false false false X THE BANK OF NEW YORK MELLON 4122342242 PO BOX 535007 PITTSBURGH PA 152535007 X THE BANK OF NEW YORK MELLON TRUSTEE (See Schedule O) 0.0 0.0 X 74512 0 0 74512 0 0 0 false false false T ROWE PRICE 100 EAST PRAIT STREET BALTIMORE MD 21202 INVESTMENT MGMT 105309 INSIGHT NORTH AMERICA LLC 200 Park Avenue 7th Floor NEW YORK NY 10166 INVESTMENT MGMT 148293 2 0 EMPLOYER CONTRIBUTIONS 525100 55364900 55364900 55364900 6137770 4173660 1964110 0 0 0 0 0 169912660 175317197 -5404537 -5404537 -5404537 0 0 0 0 0 0 0 0 0 SECTION 1256 INCOME 900001 40026 40026 PORTFOLIO INCOME 900001 -33842 -33842 6184 56104317 59538560 -3434243 0 0 0 41281407 74512 0 0 0 0 0 0 6392 92856 0 0 264980 164995 0 0 0 0 0 0 0 0 0 0 0 0 UBTI EXPENSE 5739412 ADMINISTRATION 72930 47697484 127 0 0 0 0 0 1469287 1665269 0 0 0 0 0 0 0 0 0 0 0 0 0 0 155082385 182889436 0 0 0 0 0 0 156551799 184554705 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 156551799 184554705 0 0 0 0 156551799 184554705 156551799 184554705 X 8406833 19596073 X X false false false LP/JOINT VENTURE INTEREST 660768 C POOLED SEPARATE ACCOUNTS 22226715 C REGISTERED INVESTMENT COMPANY 7917672 C OTHER INVESTMENTS 111648210 C COMMON/COLLECTIVE TRUSTS 40436071 C 182889436 FORM 990, PART VI, SECTION A, LINES 1A & B THE BANK OF NEW YORK MELLON SERVES AS SOLE DIRECTED TRUSTEE OF THIS TRUST. THE PLAN SPONSOR IS NATIONAL GRID USA SERVICE COMPANY. THE TRUST IS ADMINISTERED BY THE INVESTMENT COMMITTEE OF THE PLAN SPONSOR IN ACCORDANCE WITH THE TERMS OF THE TRUST AGREEMENT. AS SUCH THE VEBA DOES NOT HAVE A GOVERNING BODY THAT EXERCISES DISCRETION. FORM 990, PART VI, SECTION B, LINE 11B A COMPLETE ELECTRONIC COPY OF THE ORGANIZATION'S FORM 990 WAS PROVIDED TO THE TRUSTEE FOR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTIONS A & B, LINES 8, 12-15 THESE QUESTIONS ARE NOT APPLICABLE TO THIS TRUST. ADDITIONALLY, IT DOES NOT HAVE ANY EMPLOYEES, THEREFORE, NO PROCESSES RELATED TO EMPLOYEE COMPENSATION ARE IN PLACE. FORM 990, PART VI, SECTION C, LINE 19 AS A 501(C)(9) ORGANIZATION THE TRUST IS NOT REQUIRED TO MAKE THE DOCUMENTS REFERENCED IN QUESTION 19 AVAILABLE TO THE GENERAL PUBLIC. FORM 990, PART VII, SECTION A, LINE 1A, COLUMN (B) AVERAGE HOURS PER WEEK DEVOTED TO POSITION: AS TRUSTEE, THE BANK OF NEW YORK MELLON PROVIDES ADMINISTRATIVE SERVICES SUCH AS ACTING AS INVESTMENT MANAGER FOR VEBA HEALTH INSURANCE TRUST FOR NON-UNION EMPLOYEES OF KEYSPAN. THESE SERVICES REQUIRE NUMEROUS INDIVIDUAL BANK EMPLOYEES' INVOLVEMENT IN THE ACTIVITIES OF THE ORGANIZATION AND THUS CANNOT BE QUANTIFIED ON AN HOURLY BASIS. THEREFORE, THE TRUSTEE FEES ARE NOT BASED UPON AN HOURLY BASIS, BUT ARE CALCULATED BASED UPON FACTORS SUCH AS THE MARKET VALUE OF THE ACCOUNT AND IN ACCORDANCE WITH THE BANK OF NEW YORK MELLON'S AGREEMENT WITH NATIONAL GRID USA SERVICE COMPANY. FORM 990, PART XI, LINE 9 THE AMOUNT ON LINE 9 REPRESENTS AN ADJUSTMENT FOR THE FOLLOWING: PARTNERSHIP INCOME ADJUSTMENT $19,596,073 TOTAL $19,596,073 FORM 990, PART XII, LINE 1 MODIFIED CASH BASIS NATIONAL GRID USA SERVICE COMPANY 40 SYLVAN ROAD WALTHAM MA 02451 041663150 ENERGY MA NA C CORP 0 0 0.00000 false false false false false false false false false false false false false false false false false false false true