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Nonprofit · EIN 42-1401491

MIDAMERICAN ENERGY CO MASTER VEBA TRUST AGREEMENT FOR NONBARGAINING

Tax-exempt · PITTSBURGH, PA 15253

Financials

$6.1M$10M2023$8.4M$11.5M2024
Revenue Expenses · by fiscal year end
Financials of MIDAMERICAN ENERGY CO MASTER VEBA TRUST AGREEMENT FOR NONBARGAINING by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$8,409,285$11,475,261-$3,065,976$183,388,927$8,268$183,380,659
December 31, 2023990$6,066,171$9,970,744-$3,904,573$163,766,465$0$163,766,465
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,696,298
Investment income
$5,698,617
Net gain from sales of assets
$530,847
Other revenue
$14,370

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$10,084,377
Compensation of officers, directors and key employees
$68,487
Salaries, compensation and benefits (total)
$68,487
Professional fundraising fees
$0

Balance sheet and other

Total assets, start of year
$163,766,465
Total assets, end of year
$183,388,927
Total liabilities, end of year
$8,268
Net assets, end of year
$183,380,659
Publicly traded securities
$178,484,531
Gross unrelated business income
$3,730,908
Gross receipts
$42,801,006
Employees
0
Volunteers
0
Year formed
2003
State of legal domicile
IA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
THE BANK OF NEW YORK MELLON TRUSTEE(SEE SCHEDULE O)
Institutional trustee
0$68,487
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
THE BANK OF NEW YORK MELLON TRUSTEE(SEE SCHEDULE O)
Institutional trustee
0$20,185

Address and contacts

Address (IRS master file)
PO BOX 535007, PITTSBURGH, PA 15253-5007
In care of
% THE BANK OF NEW YORK MELLON
Principal officer (990 for 2024)
THE BANK OF NEW YORK MELLON, PO BOX 535007, PITTSBURGH, PA 152535007
Signed the 990
Shelly Paletta, VP, BNYM, AS TRUSTEE
Phone
(412) 234-2242
Return prepared by
ERNST & YOUNG US LLP

Mission

TO OPERATE A QUALIFIED VEBA TRUST FOR THE EMPLOYEES AND RETIREES.

990 for the year ended December 31, 2024

Program accomplishments

  • BENEFITS PAID FOR MEDICAL, DISABILITY, VISION, DENTAL, AND LIFE INSURANCE FOR THE PARTICIPANTS.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
42-1401491
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
2003
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$183,388,927
Income (IRS master file)
$42,801,006

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$8,409,285$11,475,261$183,388,927XML
990December 2023$6,066,171$9,970,744$163,766,465XML
990December 2022$10,164,108$8,923,856$144,648,690IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-1401491).

Questions about MIDAMERICAN ENERGY CO MASTER VEBA TRUST AGREEMENT FOR NONBARGAINING

What is the EIN of MIDAMERICAN ENERGY CO MASTER VEBA TRUST AGREEMENT FOR NONBARGAINING?
The employer identification number (EIN) of MIDAMERICAN ENERGY CO MASTER VEBA TRUST AGREEMENT FOR NONBARGAINING is 42-1401491.
Is MIDAMERICAN ENERGY CO MASTER VEBA TRUST AGREEMENT FOR NONBARGAINING tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2003.
Are donations to MIDAMERICAN ENERGY CO MASTER VEBA TRUST AGREEMENT FOR NONBARGAINING tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MIDAMERICAN ENERGY CO MASTER VEBA TRUST AGREEMENT FOR NONBARGAINING file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MIDAMERICAN ENERGY CO MASTER VEBA TRUST AGREEMENT FOR NONBARGAINING due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MIDAMERICAN ENERGY CO MASTER VEBA TRUST AGREEMENT FOR NONBARGAINING last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MIDAMERICAN ENERGY CO MASTER VEBA TRUST AGREEMENT FOR NONBARGAINING?
The 990 for the year ended December 31, 2024 names THE BANK OF NEW YORK MELLON.
Who are the officers and directors of MIDAMERICAN ENERGY CO MASTER VEBA TRUST AGREEMENT FOR NONBARGAINING?
The 990 for the year ended December 31, 2024 lists 1 person; 1 received compensation from the organization, the highest $68,487 (THE BANK OF NEW YORK MELLON TRUSTEE, (SEE SCHEDULE O)).
How much revenue does MIDAMERICAN ENERGY CO MASTER VEBA TRUST AGREEMENT FOR NONBARGAINING have?
On its 990 for the year ended December 31, 2024 it reported revenue of $8,409,285, expenses of $11,475,261 and total assets of $183,388,927 at year end.

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