2025-11-12T18:02:25-06:00 2024-12-31 990 2024-01-01 845046092 Collectively Bargained Post Retirement Health Benefits Trust of El Paso Electric Company % STATE STREET BANK AND TRUST COLL 9153514205 PO BOX 982 LOC 165 EL PASO TX 799600001 RYAN DILLON RELATIONSHIP MANAGER 6176640778 2025-11-12 true 2024 2025-03-06 01:10:19Z Cheryl Mele PO BOX 982 LOC 165 EL PASO TX 799600001 1304429 false X N/A X 2020 TX SEE SCHEDULE O 9 0 0 0 0 0 254084 223494 12445 0 4102429 1080935 4368958 1304429 0 0 1237887 687371 3666 1905 0 0 0 126623 19790 1368176 709066 3000782 595363 27270471 29133731 10685 15817 27259786 29117914 X SEE SCHEDULE O false false 642481 THE EL PASO ELECTRIC COMPANY COLLECTIVELY BARGAINED POST RETIREMENT HEALTH BENEFITS TRUST PROVIDES FOR POST RETIREMENT HEALTH BENEFITS FOR COLLECTIVELY BARGAINED RETIRED OR DISABLED EMPLOYEES, THEIR SPOUSES AND ELIGIBLE DEPENDENTS. 7174 THE EL PASO ELECTRIC COMPANY COLLECTIVELY BARGAINED POST RETIREMENT HEALTH BENEFITS TRUST PROVIDES FOR PAYMENT OF INSURANCE PREMIUMS. 37716 THE EL PASO ELECTRIC COMPANY COLLECTIVELY BARGAINED POST RETIREMENT HEALTH BENEFITS TRUST PROVIDES FOR PAYMENT OF PAYMENT THE SERVICES OF OUTSIDE ADMINISTRATORS TO PROCESS MEDICAL AND PRESCRIPTION BENEFIT CLAIMS PAID TO OR ON BEHALF OF THE PARTICIPANTS. 687371 false false false false false false false false false false true false false false true true false false false false false false false false false false false false false false false false false false false false false false false false true false false false 0 0 0 false false false false false false false false false false false X 9 0 false false false false false false false true true true false true false false false false false false X STATE STREET BANK AND TRUST 5516559396 ONE CONGREESS STREET BOSTON MA 02114 X STATE STREET BANK TRUST COMPANY n/a 0.0 0.0 X 1905 0 1905 1905 0 1905 0 false false false STATE STREET GLOBAL ADVISORS 1 Iron Street BOSTON MA 02210 INVESTMENT MGMT 15343 0 0 EMPLOYER CONTRIBUTION: BENEFITS 525100 RETIREE CONTRIBUTION: BENEFITS 525100 223494 223494 223494 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 K-1 CAPITAL GAIN 900001 855304 855304 K-1 GROSS INCOME EXCLUDING GAIN 900001 225631 225631 1080935 1304429 1304429 0 0 0 687371 687371 1905 1905 0 0 0 0 0 0 0 0 0 0 15343 15343 0 0 0 0 0 0 0 0 0 0 0 0 0 K-1 DEDUCTIONS 4447 4447 709066 687371 21695 0 0 258205 2078428 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 27011089 27047351 0 0 0 0 1177 7952 27270471 29133731 10685 15817 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 10685 15817 X 0 0 0 0 27259786 29117914 27259786 29117914 27270471 29133731 X 595363 586589 676176 X false true X true false STATE STREET DAILY MSCI EAFE 1342090 F STATE STREET RUSSELL 1000 5089077 F STATE STREET SCREENED MSCI ACW 4338725 F STATE STREET S&P SMALLCAP 600 1940954 F RBC EMERGING MARKETS EQUITY 2343144 F STATE STREET LONG U.S. TREASU 989387 F STATE STREET U.S. AGGRT BOND 5754171 F IR&M LONG CREDIT FUND LLC 865050 F STATE STREET MULTI-ASSET CRE 1483271 F STATE STREET REAL ASSET NON-LE 2901482 F 27047351 0 0 X 2567879 586589 82990 669579 1898300 -593871 -593871 1304429 709750 709750 -684 -684 709066 PART X LINE 2 "GAAP REQUIRES PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE EL PASO ELECTRIC COMPANY RETIREE WELFARE BENEFITS PLAN ("THE PLAN") AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE PLAN ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS TAKEN BY THE PLAN, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2024 AND 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS." PART XI LINE 2D & LINE 4B CASH/ACCRUAL RECONCILIATION DIFFERENCES BETWEEN BOOK AND TAX VALUE. PART XII LINE 2D & LINE 4B CASH/ACCRUAL RECONCILIATION DIFFERENCES BETWEEN BOOK AND TAX VALUE. PART I ITEM 1; PART III ITEM 1; PART VI SEC. A ITEM 8B & PART XII, ITEM 2C THE TRUST WAS ESTABLISHED AS A SUCCESSOR ORGANIZATION TO A PORTION OF THE ASSETS HELD BY THE RETIREES GROUP WELFARE BENEFIT TRUST ATTRIBUTABLE TO POST-RETIREMENT HEALTH BENEFITS PAYABLE ON BEHALF OF COLLECTIVELY BARGAINED EMPLOYEES (AND THEIR ELIGIBLE SPOUSES AND DEPENDENTS) ENTITLED TO SUCH BENEFITS UNDER THE PLAN. THE RETIREE GROUP WELFARE BENEFIT TRUST WAS AMENDED TO PROVIDE FOR THE TRANSFER OF COLLECTIVELY BARGAINED POST-RETIREMENT HEALTH ASSETS TO THE TRUST. THE TRUST WAS DETERMINED TO BE A TAX- EXEMPT VOLUNTARY EMPLOYEES' BENEFICIARY TRUST UNDER SECTION 501(C)(9) OF THE CODE AND WAS ISSUED A DETERMINATION LETTER WITH RESPECT TO ITS TAX-EXEMPT STATUS ON AUGUST 31, 2021. PART VI, SECTION B, ITEM 11B THE FORM 990 RETURN IS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY BEFORE FILING. ALL SOURCE DATA IS PROVIDED BY THE INSTITUTIONAL TRUSTEE AND REFLECTED IN THE APPROPRIATE FIELDS OF FORM 990. THE PREPARER FORWARDS TO THE INITAL REVIEWER, FORM 990, ALONG WITH ALL PERTINENT SCHEDULES, SOURCE DATA AND ANY OTHER RELEVANT INFORMATION. THE INITIAL REVIEWER PERFORMS A DETAILED REVIEW WHICH INCLUDES VERIFICATION OF ALL DATA SOURCES, REASONABLENESS TESTS AND MATH CHECKS. THE INITIAL REVIEWER THEN FORWARDS TO THE TAX DIRECTOR FOR FINAL APPROVAL. THE TAX DIRECTOR PERFORMS DUE DILIGENCE REVIEWS, REASONABLENESS TESTS AND ANY OTHER PROCESSES DEEMED NECESSARY. AFTER FINAL APPROVAL, FORM 990 IS THEN FORWARDED TO THE ORGANIZATION'S GOVERNING BODY ("COMMITTEE") FOR THEIR APPROVAL TO FILE THE RETURN. THE COMMITTEE ADDRESSES ANY QUESTIONS DIRECTLY TO THE TAX DIRECTOR BEFORE GRANTING APPROVAL FOR FILING OF THE FORM 990 RETURN AND ALL REQUIRED SCHEDULES. PART VI, SECTION B, ITEMS 12-15 THESE QUESTIONS HAVE BEEN ANSWERED ON BEHALF OF THE VEBA TRUST, THE 501(C)(9) ORGANIZATION WHICH IS FILING THE FORM 990 RETURN. THE VEBA TRUST HAS NO OFFICERS, DIRECTORS, KEY EMPLOYEES, EMPLOYEES, OR OTHER EMPLOYEES, AND THUS MAINTAINS NO POLICIES OR COMPENSATION REVIEW PROCESSES. THE SPONSOR COMPANY AND THE VEBA TRUST'S INSTITUTIONAL TRUSTEE, HOWEVER, DO MAINTAIN SUCH POLICIES AND PROCESSES AS WELL AS OTHER GOVERNANCE AND MANAGEMENT PROTOCOLS; IF THE THESE QUESTIONS SHOULD BE ANSWERED FROM THE COMPANY'S AND TRUSTEE'S STANDPOINT, THE RETURN CAN BE AMENDED ACCORDINGLY UPON REQUEST. PART VI, SECTION C, ITEM 19 THESE QUESTIONS HAVE BEEN ANSWERED ON BEHALF OF THE VEBA TRUST, THE 501(C)(9) ORGANIZATION WHICH IS FILING THE FORM 990 RETURN. THE VEBA TRUST HAS NO OFFICERS, DIRECTORS, KEY EMPLOYEES, EMPLOYEES, OR OTHER EMPLOYEES, AND THUS MAINTAINS NO POLICIES OR COMPENSATION REVIEW PROCESSES. THE SPONSOR COMPANY AND THE VEBA TRUST'S INSTITUTIONAL TRUSTEE, HOWEVER, DO MAINTAIN SUCH POLICIES AND PROCESSES AS WELL AS OTHER GOVERNANCE AND MANAGEMENT PROTOCOLS; IF THE THESE QUESTIONS SHOULD BE ANSWERED FROM THE COMPANY'S AND TRUSTEE'S STANDPOINT, THE RETURN CAN BE AMENDED ACCORDINGLY UPON REQUEST. PART XI, ITEM 9 CASH/ACCRUAL DIFFERENCES BETWEEN BOOK VALUE AND TAX VALUE. PART VI, SECTION A, LINE 9 EFFECTIVE SEPTEMBER 29, 2023 THE INVESTMENT TRUSTEE AND RECORD KEEPER CHANGED TO STATE STREET BANK AND TRUST COMPANY C.O RYAN DILLON, RELATIONSHIP MANAGER ONE CONGRESS STREET BOSTON, MA 02114. Post Retirement Life insurance Trust PO Box 982 Loc 165 El Paso TX 79960 845110634 Life Insuranc TX 501(c)(9) false RETIREES GROUP WELFARE BENEFIT TRUST PO BOX 982 LOC 165 EL PASO TX 79960 746446753 HEALTH BENEFI TX 501(c)(9) false EL PASO ELECTRIC COMPANY 100 N STANTON EL PASO TX 79901 740607870 221000 TX NA C corp false false false false false false false false false false false false false false false false false false false