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Filing year 2024

SEMCO ENERGY INC NON-UNION VEBA TRUST

Port Huron, Michigan·EIN 38-6705804·NTEE Y43 · Mutual & Membership Benefit·501(c)(9)
Total revenue
$7k
Total assets
$127k
Total expenses
$3k
Reported officers
7
Mission

THIS IRREVOCABLE TRUST IS ESTABLISHED FOR THE PURPOSE OF HOLDING ASSETS IN TRUST IN ACCORDANCE WITH SECTION 403 OF ERISA PENDING THE PAYMENT OF SEMCO MICHIGAN NON-UNION RETIREE MEDICAL 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 SEMCO MICHIGAN NON-UNION EMPLOYEE. THE IMMEDIATELY PRECEDING SENTENCE SHALL NOT BE CONSTRUED TO LIMIT THE TRUSTEES ABILITY TO PAY TAXES AND ADMINISTRATIVE EXPENSES FROM THE TRUST FUND.

Executive compensation

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations nationwide.

President Us Utilities Director
25th percentile to median
$14k
$15k
VP Controller
Controller
Below 10th percentilevs all sectors nationwide
$14k
$15k
President Us Utilities Director
25th percentile to median
$14k
$15k
VP CFO Treasurer Dir
25th percentile to median
$14k
$15k
VP Admin Services Utilities
Vice President
Median to 75th percentile
$14k
$15k
VP Business Services Semco
Vice President
Median to 75th percentile
$14k
$15k
Institutional Trustee
Board Member
25th percentile to median
$3k
$3k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Mutual & Membership Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at SEMCO ENERGY INC NON-UNION VEBA TRUST equaled 408% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

This organization (2024)
408%
Sector median
4%
Middle half of sector
0.9% to 13%

Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 5%
from 2023

From $13k in 2023 to $14k in 2024.

$13k
2023
$14k
2024
In today's dollarsEst.
Up 1% in real terms$14k to $15k

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 5% from 2023 to 2024, while revenue rose 5%.

$13k in 2023 to $14k in 2024.
  • Chief Financial Officer pay rose 5% from 2023 to 2024.
  • Vice President pay rose 5% from 2023 to 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

SEMCO ENERGY INC NON-UNION VEBA TRUST reported revenue and expenses across 2 filing years.

RevenueExpenses
$7k
$3k
2023
$7k
$3k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Mutual & Membership Benefit executives earn

Comparable mutual & membership benefit organizations nationwide pay their highest-earning executive a median of $26,876.

25th percentile
$5k
Median
$26,876
75th percentile
$87k
90th percentile
$209k

These are mutual & membership benefit sector-wide figures, not this organization's reported pay. Based on 1,359 organizations across 1,359 filings (2021 – 2024).

See full Mutual & Membership Benefit compensation data
FAQ

Common questions about SEMCO ENERGY INC NON-UNION VEBA TRUST

What does the Chief Executive Officer of SEMCO ENERGY INC NON-UNION VEBA TRUST earn?

In 2024, the Chief Executive Officer of SEMCO ENERGY INC NON-UNION VEBA TRUST received $13,800 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Mutual & Membership Benefit organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at SEMCO ENERGY INC NON-UNION VEBA TRUST compare with similar nonprofits?

Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2024 pay of the Chief Executive Officer at SEMCO ENERGY INC NON-UNION VEBA TRUST falls between the 25th percentile and the median. In 2024, the highest total compensation at SEMCO ENERGY INC NON-UNION VEBA TRUST equaled 408% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

What are SEMCO ENERGY INC NON-UNION VEBA TRUST's revenue and expenses?

In 2024, SEMCO ENERGY INC NON-UNION VEBA TRUST reported $7k in total revenue and $3k in total expenses on its IRS Form 990.

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