Rhode Island Energy Non-union Retiree Health and Life Veba Tr
Only null% goes to programs Strong reserves Growing revenue
Rhode Island Energy Non-union Retiree Health and Life Veba Tr is a 501(c)(9) organization based in Pittsburgh, Pennsylvania, registered in 2024, with $2,328,273 in FY2024 revenue. CharityIndex grades it F.
Po Box 535007, Pittsburgh, PA, 15253 EIN 87-7005923 Since 2024
Revenue (FY2024)
$2.3M
▲ 30.7% vs prior year
Membership median: $185K
Expenses (FY2024)
$4.7M
Net assets
$33.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Rhode Island Energy Non-union Retiree Health and Life Veba Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating85 mo reserves · -102% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Rhode Island Energy Non-union Retiree Health and Life Veba Tr: 85 mo reserves · -102% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Rhode Island Energy Non-union Retiree Health and Life Veba Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Rhode Island Energy Non-union Retiree Health and Life Veba Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Po Box 535007, Pittsburgh, PA, 15253
- City
- Pittsburgh
- State
- Pennsylvania
- Category
- Mutual & Membership Benefit
- Subcategory
- Fraternal Societies
Financial trends
Revenue declined from $34.3M (FY2022) to $2.3M (FY2024) across 3 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $33.2M
Operating margin
-101.6%
Spent more than it raised in the latest fiscal year.
Total assets
$33.2M
Total liabilities
$0
Net assets
$33.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,328,273▲30.7% | $4,692,968▲880% | $33,247,701▼6.6% | $33,247,701▼7.8% | 990 |
| 2023 | $1,780,860▼94.8% | $478,634▲4790% | $35,612,396▲3.8% | $36,041,873▲5.0% | 990 |
| 2022 | $34,319,959 | $9,789 | $34,310,170 | $34,310,170 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Compare Rhode Island Energy Non-union Retiree Health and Life Veba Tr
Frequently asked questions
- Is Rhode Island Energy Non-union Retiree Health and Life Veba Tr a legitimate nonprofit?
- Yes. Rhode Island Energy Non-union Retiree Health and Life Veba Tr is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 87-7005923, based in Pittsburgh, Pennsylvania.
- What is Rhode Island Energy Non-union Retiree Health and Life Veba Tr's EIN?
- Rhode Island Energy Non-union Retiree Health and Life Veba Tr's Employer Identification Number (EIN) is 87-7005923.
- How much revenue does Rhode Island Energy Non-union Retiree Health and Life Veba Tr report?
- Rhode Island Energy Non-union Retiree Health and Life Veba Tr reported $2,328,273 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Rhode Island Energy Non-union Retiree Health and Life Veba Tr have?
- CharityIndex grades Rhode Island Energy Non-union Retiree Health and Life Veba Tr F, based on financial health (reserves and operating margin).
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Data for Rhode Island Energy Non-union Retiree Health and Life Veba Tr (EIN 87-7005923) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.