Mid America Energy Co Master Veba Trust Agreement For Bargaining Ees
EIN: 421401380 · Pittsburgh, PA · NTEE: Y43
| Metric | Value |
|---|---|
| Total Revenue | $41.3M |
| Total Expenses | $8.4M |
| Net Assets | $110.3M |
Is Mid America Energy Co Master Veba Trust Agreement For Bargaining Ees Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mid America Energy Co Master Veba Trust Agreement For Bargaining Ees
Mid America Energy Co Master Veba Trust Agreement For Bargaining Ees (EIN: 421401380) is a nonprofit organization based in Pittsburgh, PA, classified under NTEE code Y43. The organization reported total revenue of $41.3M and total assets of $122.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mid America Energy Co Master Veba Trust Agreement For Bargaining Ees's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mid America Energy Co Master Veba Trust Agreement For Bargaining Ees is a large nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.6M |
| Total Expenses | $8.4M |
| Surplus / Deficit | $-4,842,405 |
| Total Assets | $111.0M |
| Total Liabilities | $639K |
| Net Assets | $110.3M |
| Operating Margin | -135.0% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 158.0 months |
Financial Health Grade: B
In 2023, Mid America Energy Co Master Veba Trust Agreement For Bargaining Ees reported a deficit of $4.8M with expenses exceeding revenue, holds 158.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mid America Energy Co Master Veba Trust Agreement For Bargaining Ees's revenue has declined at a compound annual growth rate (CAGR) of -4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +52.6% | +24.5% | +12.9% |
| 2022 | -80.3% | +2.8% | -23.7% |
| 2021 | +133.1% | -3.5% | +20.5% |
| 2020 | +14.3% | -25.0% | +5.7% |
| 2019 | +7.4% | +11.1% | +9.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mid America Energy Co Master Veba Trust Agreement For Bargaining Ees has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mid America Energy Co Master Veba Trust Agreement For Bargaining Ees with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4.8M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.6%.
Frequently Asked Questions about Mid America Energy Co Master Veba Trust Agreement For Bargaining Ees
Is Mid America Energy Co Master Veba Trust Agreement For Bargaining Ees a legitimate charity?
Mid America Energy Co Master Veba Trust Agreement For Bargaining Ees (EIN: 421401380) is a registered tax-exempt nonprofit based in Pennsylvania. It has 13 years of IRS 990 filings on record. Total revenue: $41.3M. No red flags identified. Financial health grade: B.
How does Mid America Energy Co Master Veba Trust Agreement For Bargaining Ees spend its money?
Mid America Energy Co Master Veba Trust Agreement For Bargaining Ees reported $41.3M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mid America Energy Co Master Veba Trust Agreement For Bargaining Ees tax-deductible?
Mid America Energy Co Master Veba Trust Agreement For Bargaining Ees is registered as a tax-exempt nonprofit (EIN: 421401380). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mid America Energy Co Master Veba Trust Agreement For Bargaining Ees located?
Mid America Energy Co Master Veba Trust Agreement For Bargaining Ees is headquartered in Pittsburgh, Pennsylvania and files with the IRS under EIN 421401380. It is classified under NTEE code Y43.
How many years of IRS 990 filings does Mid America Energy Co Master Veba Trust Agreement For Bargaining Ees have?
Mid America Energy Co Master Veba Trust Agreement For Bargaining Ees 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 $41.3M in total revenue.
Filing History
IRS 990 filing history for Mid America Energy Co Master Veba Trust Agreement For Bargaining Ees showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mid America Energy Co Master Veba Trust Agreement For Bargaining Ees's revenue has declined by 39.4%, moving from $5.9M to $3.6M. Total assets increased by 37.3% over the same period, from $80.8M to $111.0M. Total functional expenses rose by 28.8%, from $6.5M to $8.4M. In its most recent filing year (2023), Mid America Energy Co Master Veba Trust Agreement For Bargaining Ees reported a deficit of $4.8M, with expenses exceeding revenue. The organization holds $639K in liabilities against $111.0M in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $110.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.6M | $8.4M | $111.0M | $639K | — | — |
| 2022 | $2.4M | $6.8M | $98.3M | $5K | — | View 990 |
| 2021 | $12.0M | $6.6M | $128.8M | $47K | — | View 990 |
| 2020 | $5.1M | $6.8M | $106.9M | $53K | — | — |
| 2019 | $4.5M | $9.1M | $101.1M | $1.7M | — | View 990 |
| 2018 | $4.2M | $8.2M | $92.4M | $3.2M | — | View 990 |
| 2017 | $3.8M | $6.6M | $105.4M | $2.5M | — | View 990 |
| 2016 | $9.9M | $6.3M | $97.7M | $3.5M | — | View 990 |
| 2015 | $5.0M | $5.3M | $96.6M | $3.0M | — | View 990 |
| 2014 | $11.5M | $5.5M | $102.8M | $3.9M | — | View 990 |
| 2013 | $10.3M | $5.1M | $99.4M | $3.3M | — | View 990 |
| 2012 | $6.6M | $5.0M | $87.8M | $3.6M | — | View 990 |
| 2011 | $5.9M | $6.5M | $80.8M | $2.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.6M, expenses of $8.4M, and assets of $111.0M (revenue +52.6% year-over-year).
- 2022: Revenue of $2.4M, expenses of $6.8M, and assets of $98.3M (revenue -80.3% year-over-year).
- 2021: Revenue of $12.0M, expenses of $6.6M, and assets of $128.8M (revenue +133.1% year-over-year).
- 2020: Revenue of $5.1M, expenses of $6.8M, and assets of $106.9M (revenue +14.3% year-over-year).
- 2019: Revenue of $4.5M, expenses of $9.1M, and assets of $101.1M (revenue +7.4% year-over-year).
- 2018: Revenue of $4.2M, expenses of $8.2M, and assets of $92.4M (revenue +9.5% year-over-year).
- 2017: Revenue of $3.8M, expenses of $6.6M, and assets of $105.4M (revenue -61.5% year-over-year).
- 2016: Revenue of $9.9M, expenses of $6.3M, and assets of $97.7M (revenue +97.9% year-over-year).
- 2015: Revenue of $5.0M, expenses of $5.3M, and assets of $96.6M (revenue -56.4% year-over-year).
- 2014: Revenue of $11.5M, expenses of $5.5M, and assets of $102.8M (revenue +11.4% year-over-year).
- 2013: Revenue of $10.3M, expenses of $5.1M, and assets of $99.4M (revenue +56.3% year-over-year).
- 2012: Revenue of $6.6M, expenses of $5.0M, and assets of $87.8M (revenue +11.7% year-over-year).
- 2011: Revenue of $5.9M, expenses of $6.5M, and assets of $80.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mid America Energy Co Master Veba Trust Agreement For Bargaining Ees:
Data Sources and Methodology
This transparency report for Mid America Energy Co Master Veba Trust Agreement For Bargaining Ees 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.