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
| Metric | Value |
|---|---|
| Total Revenue | $5.5B |
| Total Expenses | $93.7M |
| Program Spending | 95% |
| Net Assets | $1.3B |
| Transparency Score | 85/100 |
Search Intent Cockpit
Dte Energy Company Veba Tr Form 990, Revenue, CEO Pay, and IRS Filing Signals
Dte Energy Company Veba Tr is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Dte Energy Company Veba Tr in one place.
Form 990 Filing Summary
14 filing years are available, with latest revenue of $75.9M and expenses of $93.7M.
Revenue and Expenses
Dte Energy Company Veba Tr reported $75.9M in revenue and $93.7M in expenses, a deficit of $17.8M.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
85/100 mission score, 0 red flags, and 3 strengths are shown from structured and AI review.
Is Dte Energy Company Veba Tr Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $89.0M (95%) |
Across stored filings, Dte Energy Company Veba Tr shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Appears Legitimate | Good filing record; no red flags identified |
| Mission spend | 95% to programs | Excellent |
| Financial durability | Grade B | 14 stored filing years |
| Peer context | Compare with American Academy Of Podiatric Practice Management | Michigan and Category Y context |
Trust Check
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Request a concise report for Dte Energy Company Veba Tr with revenue, expenses, executive compensation, red flags, peer context, and IRS source links. You can also request CSV exports or watchlist updates for future filings.
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Dte Energy Company Veba Tr directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
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.
Organization Overview
Dte Energy Company Veba Tr is a major nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 10.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $75.9M |
| Total Expenses | $93.7M |
| Surplus / Deficit | $-17,792,580 |
| Total Assets | $1.4B |
| Total Liabilities | $20.0M |
| Net Assets | $1.3B |
| Operating Margin | -23.5% |
| Debt-to-Asset Ratio | 1.5% |
| Months of Reserves | 174.1 months |
Financial Health Grade: B
In 2023, Dte Energy Company Veba Tr reported a deficit of $17.8M with expenses exceeding revenue, holds 174.1 months of operating reserves (strong position), has a debt-to-asset ratio of 1.5% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Dte Energy Company Veba Tr's revenue has grown at a compound annual growth rate (CAGR) of 10.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -205.2% | -2.4% | -20.2% |
| 2021 | -89.6% | -91.4% | +2.4% |
| 2020 | -13.3% | -15.8% | +6.5% |
| 2019 | +308.2% | +267.7% | +7.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $17.8M, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.5%.
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
Is Dte Energy Company Veba Tr a legitimate charity?
Dte Energy Company Veba Tr (EIN: 200471790) is a registered tax-exempt nonprofit based in Michigan. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $5.5B. No red flags identified. 3 strengths noted. Financial health grade: B.
How does Dte Energy Company Veba Tr spend its money?
Dte Energy Company Veba Tr directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Dte Energy Company Veba Tr tax-deductible?
Dte Energy Company Veba Tr is registered as a tax-exempt nonprofit (EIN: 200471790). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Dte Energy Company Veba Tr compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Dte Energy Company Veba 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 Dte Energy Company Veba Tr located?
Dte Energy Company Veba Tr is headquartered in Detroit, Michigan and files with the IRS under EIN 200471790. It is classified under NTEE code Y43.
How many years of IRS 990 filings does Dte Energy Company Veba Tr have?
Dte Energy Company Veba Tr has 14 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 $5.5B in total revenue.
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. % | |
|---|---|---|---|---|---|---|
| 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.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dte Energy Company Veba Tr:
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.