PAYMENT OF HEALTH AND WELFARE BENEFITS FOR THE RETIREES OF XCEL ENERGY INC. AND ITS SUBSIDIARIES.
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023
Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations nationwide.
| Position | Total |
|---|---|
Trustee Board Member Above 90th percentile | $137k $150k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Top pay as a share of expenses
In 2023, the highest total compensation at XCEL ENERGY INC VEBA FOR RETIRED EMPLOYEES equaled 0.2% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.
Down 44%
from 2022
From $244k in 2022 to $137k in 2023.
Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Board Member pay fell 44% from 2022 to 2023, while revenue rose 63%.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Revenue and expenses over time
XCEL ENERGY INC VEBA FOR RETIRED EMPLOYEES reported revenue and expenses across 2 filing years.
What Mutual & Membership Benefit executives earn
Comparable mutual & membership benefit organizations nationwide pay their highest-earning executive a median of $26,876.
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 →Common questions about XCEL ENERGY INC VEBA FOR RETIRED EMPLOYEES
What does the Board Member of XCEL ENERGY INC VEBA FOR RETIRED EMPLOYEES earn?
In 2023, the Board Member of XCEL ENERGY INC VEBA FOR RETIRED EMPLOYEES received $136,947 in total compensation. This pay is in the top 10% for Board Member roles among Mutual & Membership Benefit organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Board Member pay at XCEL ENERGY INC VEBA FOR RETIRED EMPLOYEES compare with similar nonprofits?
Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2023 pay of the Board Member at XCEL ENERGY INC VEBA FOR RETIRED EMPLOYEES falls in the top 10%. In 2023, the highest total compensation at XCEL ENERGY INC VEBA FOR RETIRED EMPLOYEES equaled 0.2% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
What are XCEL ENERGY INC VEBA FOR RETIRED EMPLOYEES's revenue and expenses?
In 2023, XCEL ENERGY INC VEBA FOR RETIRED EMPLOYEES reported $33.2M in total revenue and $62.2M in total expenses on its IRS Form 990.
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