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Filing year 2023

NEW MEXICO GAS COMPANY INC NON-UNION VEBA TRUST

Albuquerque, New Mexico·EIN 32-0260036·NTEE Y43 · Mutual & Membership Benefit·9
Total revenue
$205k
Total assets
$35.3M
Total expenses
$997k
Reported officers
7
Mission

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.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2023

Trustee
board member
$17k
$18k

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 6 unpaid individuals.

Browse compensation in Mutual & Membership Benefit

Sector benchmark

What Mutual & Membership Benefit executives earn

Comparable mutual & membership benefit organizations nationwide pay their highest-earning executive a median of $19,468.

25th percentile
$6k
Median
$19,468
75th percentile
$79k
90th percentile
$193k

These are mutual & membership benefit sector-wide figures, not this organization's reported pay. Based on 294 organizations across 294 filings (2021 – 2023).

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