Nv Energy Comp Welfare Benefit & Cafeteria Plan

Organization Overview

Nv Energy Comp Welfare Benefit & Cafeteria Plan is located in Reno, NV. The organization was established in 1980. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. NV Energy Comp Welfare Benefit & Cafeteria Plan is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 12/2021, NV Energy Comp Welfare Benefit & Cafeteria Plan generated $2.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.3%) each year. All expenses for the organization totaled $3.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE MEDICAL AND DENTAL BENEFITS FOR RETIREES OF NV ENERGY, INC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE MEDICAL, DENTAL INSURANCE AND OTHER BENEFITS TO RETIREES OF NV ENERGY, INC.


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Board, Officers & Key Employees

Name (title)Compensation
Calvin D Haack
Chair
$0
Jeffrey Erb
Secretary
$0
Mike Cole
Trustee
$0
Doug Cannon
Trustee
$0
Thomas B Specketer
Trustee
$0
Todd A Anliker
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$728,708
Investment income $1,305,735
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $146,674
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,181,117

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