DOMINION ENERGY INC SALARIED EMPLOYEE LIFE INSURANCE VEBA Trust (EIN 251845853) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Principal Officer

Northern Trust

Phone

3124445677

Tax Period

2023-01-01 to 2023-12-31

DOMINION ENERGY INC SALARIED EMPLOYEE LIFE INSURANCE VEBA Trust, founded in 1994, is a community nonprofit that reported $4.3M in total revenue in fiscal year 2023. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $9.2M exceeded revenue, resulting in a 112% operating deficit.

Mission

TO PROVIDE BENEFITS TO ELIGIBLE MEMBERS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $3,641,770

Other Revenue $706,542

TOTAL REVENUE $4,348,312

Expense Breakdown

Grants Paid $0

Salaries & Benefits $20,440

Fundraising Expenses $0

Program Expenses $0

Other Expenses $3,950,094

TOTAL EXPENSES $9,238,254

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,348,312	$6,219,295	-0.3%
Expenses	$9,238,254	$11,393,546	-0.2%
Net Income	$-4,889,942	$-5,174,251	-0.1%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
NORTHERN TRUST	TRUSTEE (See Schedule O)	0.0		$20,440	$0	$20,440

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	No data	No data	No data	No data
2023	$4,348,312	$9,238,254	$79,358,428	$-4,889,942
2022	$6,219,295	$11,393,546	$77,533,859	$-5,174,251
2021	$20,639,431	$12,841,379	$100,701,632	$7,798,052
2020	$7,627,084	$8,402,027	$98,308,745	$-774,943
2019	$7,707,843	$6,882,137	$92,132,083	$825,706
2018	$9,289,455	$6,136,248	$81,748,807	$3,153,207

DOMINION ENERGY INC SALARIED EMPLOYEE LIFE INSURANCE VEBA Trust