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New Mexico Gas Company Inc Veba Tr For Retirees Subject To Collective

Veba Trust

Organization summary

Type of Nonprofit

Designated as a Voluntary employees' beneficiary associations, which provide payment of life, sickness, accident or other benefits to members.

Category: Mutual/Membership Benefit Organizations, Other / Voluntary Employees Beneficiary Associations (Non-Government) (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$66.6k (2023)

Expenses
$62.4k (2023)

Total Assets
$1.89M (2023)

Total Liabilities
$86.7k (2023)

Source: Form 990 tax filings from 2009 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$66,576
Expenses
$62,360
Net Income
$4,216
Net Assets
$1,799,392
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $51,488
77.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $5,631
8.5%
Net Inventory Sales $0
Other Revenue $9,457
14.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,886,102
Total Liabilities $86,710
Net Assets $1,799,392
Compensation
Key Employees and Officers Compensation Related Other
Greg Blunden Chair (Cfo/Treasurer, Teco Energy, Inc.) $0 $0 $0
David Nicholson Vp Legal (General Counsel, Teco Energy, Inc.) $0 $0 $0
Jeff Chronister (Vp Finance, Tampa Electric Company) $0 $0 $0
Joann Wehle Vp Strategy (Mkting & Sales, Peoples Gas System) $0 $0 $0
Denise Wilcox Vp Hr (& Corporate Security, Nm Gas Co.) $0 $0 $0
Marian Cacciatore Vp Human (Resources, Tampa Electric Company) $0 $0 $0
Pnc Bank (Trustee) $0 $16,646 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$70,159
Expenses
$77,003
Net Income
-$6,844
Net Assets
$1,648,246
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $47,525
67.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $18,034
25.7%
Net Inventory Sales $0
Other Revenue $4,600
6.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $2,500
3.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,679,429
Total Liabilities $31,183
Net Assets $1,648,246
Compensation
Key Employees and Officers Compensation Related Other
Pnc Bank (Trustee) $2,500 $20,523 $0
Greg Blunden Chair (Cfo/Treasurer, Teco Energy, Inc.) $0 $0 $0
David Nicholson Vp Legal (General Counsel, Teco Energy, Inc.) $0 $0 $0
Jeff Chronister (Vp Finance, Tampa Electric Company) $0 $0 $0
Joann Wehle Vp Strategy (Mkting & Sales, Peoples Gas System) $0 $0 $0
Denise Wilcox Vp Hr (& Corporate Security, Nm Gas Co.) $0 $0 $0
Marian Cacciatore Vp Human (Resources, Tampa Electric Company) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$164,385
Expenses
$83,477
Net Income
$80,908
Net Assets
$2,173,163
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $52,385
31.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $16,247
9.9%
Net Inventory Sales $0
Other Revenue $95,753
58.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,053
1.3%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,208,743
Total Liabilities $35,580
Net Assets $2,173,163
Compensation
Key Employees and Officers Compensation Related Other
Bbva Compass (Trustee (Through October 2021)) $805 $15,621 $0
Pnc Bank (Trustee) $248 $4,952 $0
Greg Blunden Chair (Svp Cfo/Treasurer, Teco Energy, Inc.) $0 $0 $0
David Nicholson Vp Legal (General Counsel, Teco Energy, Inc.) $0 $0 $0
Jeff Chronister (Vp Finance, Tampa Electric Company) $0 $0 $0
Joann Wehle Vp Marketing (Sales, Peoples Gas System) $0 $0 $0
Denise Wilcox (Vp Human Resources, Nm Gas Company) $0 $0 $0
Marian Cacciatore Vp Human (Resources, Tampa Electric Company) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$121,808
Expenses
$66,464
Net Income
$55,344
Net Assets
$2,046,789
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $51,880
42.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $55,486
45.6%
Net Inventory Sales $0
Other Revenue $14,442
11.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $947
1.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,105,298
Total Liabilities $58,509
Net Assets $2,046,789
Compensation
Key Employees and Officers Compensation Related Other
Bbva Compass (Trustee) $947 $17,344 $0
Greg Blunden Chair (Svp Cfo/Treasurer, Teco Energy Inc.) $0 $0 $0
David Nicholson Vp Legal (General Counsel, Teco Energy Inc.) $0 $0 $0
Jeff Chronister (Vp Finance, Tampa Electric Company) $0 $0 $0
Joann Wehle Vp Marketing (Sales, Peoples Gas System) $0 $0 $0
Denise Wilcox (Vp Human Resources, Nm Gas Company) $0 $0 $0
Marian Cacciatore Vp Human (Resources, Tampa Electric Company) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$223,817
Expenses
$186,361
Net Income
$37,456
Net Assets
$1,897,928
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $80,017
35.8%
Investment Income $61,561
27.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $28,488
12.7%
Net Inventory Sales $0
Other Revenue $53,751
24.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $960
0.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,003,088
Total Liabilities $105,160
Net Assets $1,897,928
Compensation
Key Employees and Officers Compensation Related Other
Bbva Compass (Trustee) $960 $15,602 $0
Greg Blunden Chair (Svp Cfo/Treasurer, Teco Energy Inc.) $0 $0 $0
David Nicholson Vp Legal (General Counsel, Teco Energy Inc.) $0 $0 $0
Jeff Chronister (Vp Finance, Tampa Electric Company) $0 $0 $0
Joann Wehle Vp Marketing (Sales, Peoples Gas System) $0 $0 $0
Denise Wilcox (Vp Human Resources, Nm Gas Co) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$185,857
Expenses
$117,767
Net Income
$68,090
Net Assets
$1,599,236
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $56,976
30.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $128,881
69.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,161
1.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,717,699
Total Liabilities $118,463
Net Assets $1,599,236
Compensation
Key Employees and Officers Compensation Related Other
Bbva Compass (Trustee) $1,161 $14,149 $0
Greg Blunden (Emera Cfo) $0 $0 $0
Nancy Tower (President, Tampa Electric) $0 $0 $0
Tj Szelistowski (President, Pgs) $0 $0 $0
David Nicholson (Tec General Counsel) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$122,744
Expenses
$213,813
Net Income
-$91,069
Net Assets
$1,838,629
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $58,110
47.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $64,634
52.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,109
0.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,064,269
Total Liabilities $225,640
Net Assets $1,838,629
Compensation
Key Employees and Officers Compensation Related Other
Bbva Compass (Trustee) $1,109 $11,898 $0
Greg Blunden (Teco Energy Cfo) $0 $0 $0
Sarah Macdonald (Tsi President) $0 $0 $0
David Nicholson (Tsi General Counsel) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$342,763
Expenses
$129,620
Net Income
$213,143
Net Assets
$1,746,186
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $63,666
18.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $279,097
81.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,302
1.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,889,532
Total Liabilities $143,346
Net Assets $1,746,186
Compensation
Key Employees and Officers Compensation Related Other
Bbva Compass (Trustee) $1,302 $9,339 $0
Greg Blunden (Teco Energy Cfo) $0 $0 $0
Sarah Macdonald (Tsi President) $0 $0 $0
Kim Caruso (Tsi Treasurer) $0 $0 $0
David Nicholson (Tsi General Counsel) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$274,733
Expenses
$559,563
Net Income
-$284,830
Net Assets
$1,703,610
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $72,388
26.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $202,345
73.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,714
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,263,012
Total Liabilities $559,402
Net Assets $1,703,610
Compensation
Key Employees and Officers Compensation Related Other
Bbva Compass (Trustee) $1,714 $8,496 $0
John B Ramil (Committee Chairperson) $0 $0 $0
Charles A Attal Iii (Committee M Ember) $0 $0 $0
Phil L Barringer Jr (Committee Member) $0 $0 $0
Sandy W Callahan (Committee Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$97,742
Expenses
$521,261
Net Income
-$423,519
Net Assets
$2,323,881
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $97,742
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $2,308
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,891,783
Total Liabilities $567,902
Net Assets $2,323,881

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$109,686
Expenses
$94,963
Net Income
$14,723
Net Assets
$2,535,288
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $109,686
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $2,979
3.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,611,119
Total Liabilities $75,831
Net Assets $2,535,288

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$80,859
Expenses
$46,327
Net Income
$34,532
Net Assets
$2,312,062
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $80,859
100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $2,971
6.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,363,873
Total Liabilities $51,811
Net Assets $2,312,062

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$78,927
Expenses
$13,516
Net Income
$65,411
Net Assets
$2,082,186
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,559
12.1%
Investment Income $69,368
87.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $2,187
16.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,090,640
Total Liabilities $8,454
Net Assets $2,082,186

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Dec.
2010

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$34,555
Expenses
$1,821
Net Income
$32,734
Net Assets
$1,975,721
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $34,503
99.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $52
0.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $1,821
100%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,975,721
Total Liabilities $0
Net Assets $1,975,721

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Dec.
2009

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,778,214
Expenses
$482
Net Income
$1,777,732
Net Assets
$1,777,732
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,777,869
100.0%
Investment Income $345
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $482
100%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,777,732
Total Liabilities $0
Net Assets $1,777,732

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

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