Dte Energy Company Veba Tr

Dte Energy Company Veba Tr maintains substantial assets for employee benefits with fluctuating investment-driven revenues.

EIN: 200471790 · Detroit, MI · NTEE: Y43 · Updated: 2026-03-28

$5.5BRevenue

$1.3BAssets

85/100Mission Score (Excellent)

Y43

About Dte Energy Company Veba Tr

Dte Energy Company Veba Tr (EIN: 200471790) is a nonprofit organization based in Detroit, MI, classified under NTEE code Y43. The organization reported total revenue of $5.5B and total assets of $1.3B according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dte Energy Company Veba Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Dte Energy Company Veba Tr, a VEBA (Voluntary Employees' Beneficiary Association) trust, exhibits a financial profile typical of an employee benefit fund rather than a traditional public charity. Its primary function is to manage assets for employee benefits, which explains the fluctuating and sometimes negative 'revenue' figures, as these often reflect investment gains/losses and contributions. For instance, in 2022, the organization reported a negative revenue of $-131,124,165, while in 2020, it saw a substantial revenue of $1,193,631,156. The organization consistently reports 0% officer compensation, which is a positive indicator of efficient use of funds for its intended purpose. Given its nature as a VEBA trust, the traditional metrics of program spending efficiency for public charities do not directly apply, as its 'programs' are the benefits themselves. The consistent asset base, hovering around $1.3 billion to $1.7 billion over the past few years, indicates a stable financial foundation for fulfilling its long-term obligations.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Dte Energy Company Veba 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: 5%
programs: 95%
fundraising: 0%

According to IRS 990 filings, Dte Energy Company Veba Tr allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no portion of its funds is allocated to executive salaries, which is highly efficient for a VEBA trust.

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.

Strengths

The following positive indicators were identified for Dte Energy Company Veba Tr:

Consistent 0% officer compensation, indicating high efficiency in administrative costs related to executive pay.
Substantial and stable asset base (e.g., $1,358,902,733 in 2023) providing a strong foundation for long-term benefit provision.
Low liabilities relative to assets (e.g., $20,029,697 liabilities vs. $1,358,902,733 assets in 2023), suggesting good financial health.

Frequently Asked Questions about Dte Energy Company Veba Tr

What specific benefits does Dte Energy Company Veba Tr provide?

As a VEBA trust, it typically provides health, welfare, and other benefits to employees and their dependents, though the specific details are not available in the provided 990 summary.

Why does the organization report negative revenue in some years?

Negative revenue, such as the $-131,124,165 in 2022, is common for investment-holding entities like VEBA trusts and often reflects net investment losses or significant withdrawals exceeding contributions in a given period.

How does Dte Energy Company Veba Tr manage its investment portfolio?

While the 990 summary doesn't detail investment strategies, the significant asset base and fluctuating revenues suggest active management of a substantial investment portfolio to fund future benefit obligations.

Filing History

IRS 990 filing history for Dte Energy Company Veba Tr showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Dte Energy Company Veba Tr's revenue has grown by 259.7%, moving from $21.1M to $75.9M. Total assets increased by 169.2% over the same period, from $504.7M to $1.4B. Total functional expenses rose by 4683%, from $2.0M to $93.7M. In its most recent filing year (2023), Dte Energy Company Veba Tr reported a deficit of $17.8M, with expenses exceeding revenue. The organization holds $20.0M in liabilities against $1.4B in assets (debt-to-asset ratio: 1.5%), resulting in net assets of $1.3B.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$75.9M	$93.7M	$1.4B	$20.0M	—	—
2022	$-131,124,165	$92.3M	$1.3B	$29.9M	—	View 990
2021	$124.7M	$94.6M	$1.7B	$18.8M	—	View 990
2020	$1.2B	$1.1B	$1.6B	$20.5M	—	View 990
2019	$1.4B	$1.3B	$1.5B	$17.5M	—	—
2018	$337.3M	$357.1M	$1.4B	$145K	—	View 990
2017	$90.2M	$160.7M	$1.8B	$176.0M	—	View 990
2016	$55.0M	$11.4M	$1.7B	$168.5M	—	View 990
2015	$225.0M	$91.5M	$1.5B	$146.5M	—	View 990
2014	$55.7M	$86.0M	$1.4B	$132.2M	—	View 990
2013	$73.0M	$5.4M	$1.4B	$140.1M	—	View 990
2012	$67.7M	$2.4M	$1.1B	$117.7M	—	View 990
2011	$-5,958,245	$2.5M	$946.2M	$121.5M	—	View 990
2010	$21.1M	$2.0M	$504.7M	$19.4M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $75.9M, expenses of $93.7M, and assets of $1.4B.
2022: Revenue of $-131,124,165, expenses of $92.3M, and assets of $1.3B (revenue -205.2% year-over-year).
2021: Revenue of $124.7M, expenses of $94.6M, and assets of $1.7B (revenue -89.6% year-over-year).
2020: Revenue of $1.2B, expenses of $1.1B, and assets of $1.6B (revenue -13.3% year-over-year).
2019: Revenue of $1.4B, expenses of $1.3B, and assets of $1.5B (revenue +308.2% year-over-year).
2018: Revenue of $337.3M, expenses of $357.1M, and assets of $1.4B (revenue +273.9% year-over-year).
2017: Revenue of $90.2M, expenses of $160.7M, and assets of $1.8B (revenue +64.0% year-over-year).
2016: Revenue of $55.0M, expenses of $11.4M, and assets of $1.7B (revenue -75.5% year-over-year).
2015: Revenue of $225.0M, expenses of $91.5M, and assets of $1.5B (revenue +304.1% year-over-year).
2014: Revenue of $55.7M, expenses of $86.0M, and assets of $1.4B (revenue -23.7% year-over-year).
2013: Revenue of $73.0M, expenses of $5.4M, and assets of $1.4B (revenue +7.8% year-over-year).
2012: Revenue of $67.7M, expenses of $2.4M, and assets of $1.1B.
2011: Revenue of $-5,958,245, expenses of $2.5M, and assets of $946.2M (revenue -128.3% year-over-year).
2010: Revenue of $21.1M, expenses of $2.0M, and assets of $504.7M.

Data Sources and Methodology

This transparency report for Dte Energy Company Veba 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.