ALBUQUERQUE, NM
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)NEW MEXICO GAS COMPANY INC NON-UNION VEBA TRUST, founded in 2009, is a small nonprofit in the Mutual Benefit sector that reported $205K in total revenue in fiscal year 2023. Expenses of $997K exceeded revenue, resulting in a 386% operating deficit.
THIS TRUST IS ESTABLISHED FOR THE PURPOSE OF HOLDING ASSETS IN ACCORDANCE WITH SECTION 403 OF ERISA, PENDING THE PAYMENT OF RETIREE BENEFITS. NO PORTION OF THE TRUST FUND MAY BE USED OTHER THAN IN THE SOLE AND EXCLUSIVE INTEREST OF PARTICIPANTS, WHOSE ELIGIBILITY TO PARTICIPATE RESULTS FROM EMPLOYMENT AS A NON-UNION EMPLOYEE. THE IMMEDIATELY PRECEDING SENTENCE SHALL NOT BE CONSTRUED TO LIMIT THE TRUSTEE'S ABILITY TO PAY TAXES AND ADMINISTRATIVE EXPENSES FROM THE TRUST FUND.
PROVIDE FUNDING FOR FUTURE MEDICAL, DENTAL AND VISION BENEFITS FOR CURRENT AND FUTURE NON-UNION RETIREES AND THEIR DEPENDENTS OR OTHER PLAN OPERATING EXPENSES OR FOR PURPOSES INCIDENTAL TO THE PLAN'S...
PROVIDE FUNDING FOR FUTURE MEDICAL, DENTAL AND VISION BENEFITS FOR CURRENT AND FUTURE NON-UNION RETIREES AND THEIR DEPENDENTS OR OTHER PLAN OPERATING EXPENSES OR FOR PURPOSES INCIDENTAL TO THE PLAN'S ORDINARY OPERATION.
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%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $205,100 | $194,564 | +0.1% |
| Expenses | $997,283 | $944,302 | +0.1% |
| Net Income | $-792,183 | $-749,738 | +0.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| GREG BLUNDEN CHAIR | CFO/TREASURER, TECO ENERGY, INC. | 0.00 |
Director
|
$0 | $0 | $0 |
| DAVID NICHOLSON VP LEGAL | GENERAL COUNSEL, TECO ENERGY, INC. | 0.00 |
Director
|
$0 | $0 | $0 |
| JEFF CHRONISTER | VP FINANCE, TAMPA ELECTRIC COMPANY | 0.00 |
Director
|
$0 | $0 | $0 |
| JOANN WEHLE VP STRATEGY | MKTING & SALES, PEOPLES GAS SYSTEM | 0.00 |
Director
|
$0 | $0 | $0 |
| DENISE WILCOX VP HR | & CORPORATE SECURITY, NM GAS CO. | 0.00 |
Director
|
$0 | $0 | $0 |
| MARIAH CACCIATORE VP HUMAN | RESOURCES, TAMPA ELECTRIC COMPANY | 0.00 |
Director
|
$0 | $0 | $0 |
| N/A | TRUSTEE | 1.00 |
|
$16,645 | $0 | $16,645 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $205,100 | $997,283 | $35,261,608 | $-792,183 |
| 2022 | $194,564 | $944,302 | $32,911,323 | $-749,738 |
| 2021 | $1,295,180 | $1,152,397 | $39,321,163 | $142,783 |
| 2020 | $216,014 | $1,126,152 | $38,446,296 | $-910,138 |
| 2019 | $2,027,612 | $736,858 | $31,437,966 | $1,290,754 |
| 2019 | $2,028,004 | $736,858 | $35,997,138 | $1,291,146 |
| 2018 | $3,615,372 | $662,616 | $30,162,570 | $2,952,756 |
Compare NEW MEXICO GAS COMPANY INC NON-UNION VEBA TRUST with other nonprofits in New Mexico and across the country.