Entergy Corp Companies' Non-Bargaining Employees' Welfare Benefit Trust Life (EIN 223404057) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1996

Legal Domicile

Principal Officer

THE BANK OF NEW YORK MELLON

Phone

4122342242

Tax Period

2024-01-01 to 2024-12-31

Entergy Corp Companies' Non-Bargaining Employees' Welfare Benefit Trust Life, founded in 1996, is a community nonprofit that reported $6.6M in total revenue in fiscal year 2024. Revenue surged 202% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.0M, a strong 30% operating margin.

Mission

THE VEBA TRUST WAS ESTABLISHED TO FUND POSTRETIREMENT LIFE INSURANCE BENEFITS FOR RETIREES OF CERTAIN ENTERGY SUBSIDIARIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $6,569,867

Other Revenue $0

TOTAL REVENUE $6,569,867

Expense Breakdown

Grants Paid $0

Salaries & Benefits $44,158

Fundraising Expenses $0

Other Expenses $245,416

TOTAL EXPENSES $4,587,280

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,569,867	$2,174,383	+2.0%
Expenses	$4,587,280	$4,613,904	0.0%
Net Income	$1,982,587	$-2,439,521	-1.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THE BANK OF NEW YORK MELLON	TRUSTEE (SEE SCHEDULE O)	0.0		$44,158	$0	$44,158

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$6,569,867	$4,587,280	$35,665,895	$1,982,587
2023	$2,174,383	$4,613,904	$34,606,236	$-2,439,521
2022	$2,417,256	$4,421,044	$37,144,616	$-2,003,788
2021	$7,048,133	$4,239,258	$41,608,879	$2,808,875
2020	$4,603,558	$4,149,795	$39,787,510	$453,763
2019	$4,916,276	$4,112,847	$40,247,912	$803,429
2018	$4,260,283	$4,055,138	$40,842,905	$205,145

Entergy Corp Companies' Non-Bargaining Employees' Welfare Benefit Trust Life