DOMINION ENERGY INC COLLECTIVELY BARGAINED VEBA TRUST (EIN 561832307) - 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

1993

Legal Domicile

Principal Officer

The Bank of New York Mellon

Phone

8046255516

Tax Period

2024-01-01 to 2024-12-31

DOMINION ENERGY INC COLLECTIVELY BARGAINED VEBA TRUST, founded in 1993, is a major nonprofit that reported $184.6M in total revenue in fiscal year 2024. Revenue surged 342% from the prior year, signaling strong growth momentum. The organization ran a surplus of $162.4M, a strong 88% operating margin.

Mission

TO PROVIDE BENEFITS TO ELIGIBLE MEMBERS.

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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 $1,215,348

Investment Income $183,163,928

Other Revenue $267,289

TOTAL REVENUE $184,646,565

Expense Breakdown

Grants Paid $0

Salaries & Benefits $229

Fundraising Expenses $0

Program Expenses $0

Other Expenses $3,447,082

TOTAL EXPENSES $22,238,751

Year-over-Year Comparison

	2024	2023	Change
Revenue	$184,646,565	$41,729,561	+3.4%
Expenses	$22,238,751	$21,954,591	+0.0%
Net Income	$162,407,814	$19,774,970	+7.2%

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 (See Schedule O)	0.0		$229	$0	$229

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	$184,646,565	$22,238,751	$1,122,376,330	$162,407,814
2023	$41,729,561	$21,954,591	$994,789,477	$19,774,970
2022	$35,968,974	$25,164,271	$858,382,533	$10,804,703
2021	$135,796,884	$25,376,607	$1,051,420,696	$110,420,277
2020	$34,967,714	$29,225,635	$924,762,816	$5,742,079
2019	$34,342,759	$20,733,448	$821,913,012	$13,609,311
2018	$52,594,904	$18,883,590	$686,738,512	$33,711,314

DOMINION ENERGY INC COLLECTIVELY BARGAINED VEBA TRUST