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Filing year 2024

HAWAIIAN ELECTRIC INDUSTRIES INC VEBA TRUST FOR BARGAINING UNIT EMPLOYEES

Honolulu, Hawaii·EIN 99-6067555·501(c)(9)
Total revenue
$26.8M
Total assets
$156.5M
Total expenses
$5.9M
Reported officers
2
Mission

THE TRUST IS A FUNDING VEHICLE FOR THE "POST-RETIREMENT WELFARE BENEFITS PLAN FOR THE EMPLOYEES OF HAWAIIAN ELECTRIC COMPANY, INC. AND PARTICIPATING EMPLOYERS."

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Trustee
Board Member
75th to 90th percentile
$88k
$93k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 1 unpaid individual.

Down 15%
from 2023

From $104k in 2023 to $88k in 2024.

$104k
2023
$88k
2024
In today's dollarsEst.
Down 18% in real terms$114k to $93k

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay fell 15% from 2023 to 2024, while revenue rose 250%.

$104k in 2023 to $88k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

HAWAIIAN ELECTRIC INDUSTRIES INC VEBA TRUST FOR BARGAINING UNIT EMPLOYEES reported revenue and expenses across 2 filing years.

RevenueExpenses
$7.7M
$6.1M
2023
$26.8M
$5.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about HAWAIIAN ELECTRIC INDUSTRIES INC VEBA TRUST FOR BARGAINING UNIT EMPLOYEES

What does the Board Member of HAWAIIAN ELECTRIC INDUSTRIES INC VEBA TRUST FOR BARGAINING UNIT EMPLOYEES earn?

In 2024, the Board Member of HAWAIIAN ELECTRIC INDUSTRIES INC VEBA TRUST FOR BARGAINING UNIT EMPLOYEES received $87,805 in total compensation. This pay is in the top quarter for Board Member roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at HAWAIIAN ELECTRIC INDUSTRIES INC VEBA TRUST FOR BARGAINING UNIT EMPLOYEES compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Board Member at HAWAIIAN ELECTRIC INDUSTRIES INC VEBA TRUST FOR BARGAINING UNIT EMPLOYEES falls between the 75th and 90th percentiles.

What are HAWAIIAN ELECTRIC INDUSTRIES INC VEBA TRUST FOR BARGAINING UNIT EMPLOYEES's revenue and expenses?

In 2024, HAWAIIAN ELECTRIC INDUSTRIES INC VEBA TRUST FOR BARGAINING UNIT EMPLOYEES reported $26.8M in total revenue and $5.9M in total expenses on its IRS Form 990.

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