Center For Energy And Environment Veba Health Savings Tr
Center For Energy And Environment Veba Health Savings Tr shows consistent asset growth and no liabilities over a decade.
EIN: 208464879 · Minneapolis, MN · NTEE: Y43 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $455K |
| Total Expenses | $167K |
| Program Spending | 80% |
| Net Assets | $689K |
| Transparency Score | 85/100 |
Is Center For Energy And Environment Veba Health Savings Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Center For Energy And Environment Veba Health Savings Tr directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Center For Energy And Environment Veba Health Savings Tr
Center For Energy And Environment Veba Health Savings Tr (EIN: 208464879) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code Y43. The organization reported total revenue of $455K and total assets of $769K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Center For Energy And Environment Veba Health Savings Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Center For Energy And Environment Veba Health Savings Tr is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $215K |
| Total Expenses | $167K |
| Surplus / Deficit | +$48K |
| Total Assets | $689K |
| Net Assets | $689K |
| Operating Margin | 22.3% |
| Months of Reserves | 49.6 months |
Financial Health Grade: A
In 2023, Center For Energy And Environment Veba Health Savings Tr reported a surplus of $48K with revenue exceeding expenses, holds 49.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Center For Energy And Environment Veba Health Savings Tr's revenue has grown at a compound annual growth rate (CAGR) of 5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.9% | +7.2% | +11.1% |
| 2022 | +1.9% | +6.0% | +3.9% |
| 2021 | +0.0% | +36.5% | +8.7% |
| 2020 | +6.9% | -19.9% | +18.7% |
| 2019 | +11.8% | +72.9% | +10.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Center For Energy And Environment Veba Health Savings Tr with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Center For Energy And Environment Veba Health Savings Tr allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $48K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either uncompensated or compensated through an arrangement not reported as officer compensation on the 990, which is unusual for an organization of its size and asset base.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Center For Energy And Environment Veba Health Savings Tr's IRS 990 filings:
- Lack of detailed functional expense breakdown (program, admin, fundraising) makes efficiency analysis difficult.
- Consistent 0% officer compensation is unusual and warrants further inquiry into leadership compensation structure.
Strengths
The following positive indicators were identified for Center For Energy And Environment Veba Health Savings Tr:
- Consistent revenue growth over the past decade (e.g., $98,879 in 2014 to $214,760 in 2023).
- Strong asset growth, increasing from $260,502 in 2014 to $689,253 in 2023.
- Zero reported liabilities across all filings, indicating excellent financial health and no debt.
- Consistent surplus of revenue over expenses, demonstrating sound financial management.
- Regular and consistent IRS 990 filing history (13 filings), indicating good transparency practices.
Frequently Asked Questions about Center For Energy And Environment Veba Health Savings Tr
Is Center For Energy And Environment Veba Health Savings Tr a legitimate charity?
Center For Energy And Environment Veba Health Savings Tr (EIN: 208464879) is a registered tax-exempt nonprofit based in Minnesota. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $455K. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Center For Energy And Environment Veba Health Savings Tr spend its money?
Center For Energy And Environment Veba Health Savings Tr directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Center For Energy And Environment Veba Health Savings Tr tax-deductible?
Center For Energy And Environment Veba Health Savings Tr is registered as a tax-exempt nonprofit (EIN: 208464879). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Center For Energy And Environment Veba Health Savings Tr's spending goes to programs?
Center For Energy And Environment Veba Health Savings Tr directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Center For Energy And Environment Veba Health Savings Tr compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Center For Energy And Environment Veba Health Savings Tr is above average for NTEE category Y43 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Center For Energy And Environment Veba Health Savings Tr located?
Center For Energy And Environment Veba Health Savings Tr is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 208464879. It is classified under NTEE code Y43.
How many years of IRS 990 filings does Center For Energy And Environment Veba Health Savings Tr have?
Center For Energy And Environment Veba Health Savings Tr has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $455K in total revenue.
What is the primary purpose of a 'VEBA Health Savings Tr' and how does it align with the 'Center For Energy And Environment' name?
The NTEE code Y43 (Voluntary Employees' Beneficiary Associations) suggests this entity is likely a trust established to provide health and welfare benefits to employees, which might be distinct from or a component of a broader 'Center For Energy And Environment' organization. The financial data reflects the operations of this specific trust.
How does the organization manage to report 0% officer compensation consistently?
The consistent reporting of 0% officer compensation could mean that officers are volunteers, compensated by a related entity, or that the trust's structure does not involve direct compensation to officers as defined by the IRS for Form 990 purposes.
What are the specific program activities funded by this trust?
The provided IRS 990 data does not detail specific program activities. Given the 'VEBA Health Savings Tr' designation, its primary 'program' is likely the administration of health and welfare benefits for its beneficiaries.
What is the organization's strategy for managing its growing assets?
With assets growing from $260,502 in 2014 to $689,253 in 2023, the organization is accumulating significant reserves. The strategy likely involves prudent investment to ensure long-term stability and the ability to meet future benefit obligations.
Filing History
IRS 990 filing history for Center For Energy And Environment Veba Health Savings Tr showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Center For Energy And Environment Veba Health Savings Tr's revenue has grown by 95.4%, moving from $110K to $215K. Total assets increased by 252.5% over the same period, from $196K to $689K. Total functional expenses rose by 129.6%, from $73K to $167K. In its most recent filing year (2023), Center For Energy And Environment Veba Health Savings Tr reported a surplus of $48K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $215K | $167K | $689K | $0 | — | — |
| 2022 | $194K | $156K | $621K | $0 | — | View 990 |
| 2021 | $190K | $147K | $597K | $0 | — | View 990 |
| 2020 | $190K | $107K | $550K | $0 | — | — |
| 2019 | $178K | $134K | $463K | $0 | — | View 990 |
| 2018 | $159K | $78K | $418K | $0 | — | View 990 |
| 2017 | $118K | $73K | $337K | $0 | — | View 990 |
| 2016 | $92K | $71K | $292K | $0 | — | View 990 |
| 2015 | $94K | $83K | $271K | $0 | — | View 990 |
| 2014 | $99K | $80K | $261K | $0 | — | View 990 |
| 2013 | $97K | $91K | $241K | $0 | — | View 990 |
| 2012 | $109K | $69K | $235K | $0 | — | View 990 |
| 2011 | $110K | $73K | $196K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $215K, expenses of $167K, and assets of $689K (revenue +10.9% year-over-year).
- 2022: Revenue of $194K, expenses of $156K, and assets of $621K (revenue +1.9% year-over-year).
- 2021: Revenue of $190K, expenses of $147K, and assets of $597K (revenue +0.0% year-over-year).
- 2020: Revenue of $190K, expenses of $107K, and assets of $550K (revenue +6.9% year-over-year).
- 2019: Revenue of $178K, expenses of $134K, and assets of $463K (revenue +11.8% year-over-year).
- 2018: Revenue of $159K, expenses of $78K, and assets of $418K (revenue +34.3% year-over-year).
- 2017: Revenue of $118K, expenses of $73K, and assets of $337K (revenue +29.0% year-over-year).
- 2016: Revenue of $92K, expenses of $71K, and assets of $292K (revenue -2.7% year-over-year).
- 2015: Revenue of $94K, expenses of $83K, and assets of $271K (revenue -4.7% year-over-year).
- 2014: Revenue of $99K, expenses of $80K, and assets of $261K (revenue +2.2% year-over-year).
- 2013: Revenue of $97K, expenses of $91K, and assets of $241K (revenue -10.9% year-over-year).
- 2012: Revenue of $109K, expenses of $69K, and assets of $235K (revenue -1.2% year-over-year).
- 2011: Revenue of $110K, expenses of $73K, and assets of $196K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Center For Energy And Environment Veba Health Savings Tr:
Data Sources and Methodology
This transparency report for Center For Energy And Environment Veba Health Savings Tr is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.