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Nonprofit · EIN 99-6067555

HAWAIIAN ELECTRIC INDUSTRIES INC VEBA PL FOR BARGAINING UNIT EMPLYS

Tax-exempt · HONOLULU, HI 96808

Financials

$7.7M$6.1M2023$26.8M$5.9M2024
Revenue Expenses · by fiscal year end
Financials of HAWAIIAN ELECTRIC INDUSTRIES INC VEBA PL FOR BARGAINING UNIT EMPLYS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$26,750,279$5,882,635$20,867,644$156,530,664$116,935$156,413,729
December 31, 2023990$7,651,265$6,055,659$1,595,606$142,405,213$231,269$142,173,944
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,758,943
Investment income
$24,991,336
Net gain from sales of assets
-$3,412,478
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$5,566,112
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$5,145
Accounting fees
$23,000

Balance sheet and other

Total assets, start of year
$142,405,213
Total assets, end of year
$156,530,664
Total liabilities, end of year
$116,935
Net assets, end of year
$156,413,729
Gross receipts
$30,162,757
Employees
0
Volunteers
0
Year formed
1994
State of legal domicile
HI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
BANK OF NEW YORK MELLON CORPTRUSTEE
Institutional trustee
0$87,805$28,853
HEI PENSION INVESTMENT COMMITTEE(SEE SCHEDULE O)
Trustee or director
0$0$0
990 for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensationFrom related orgs
BANK OF NEW YORK MELLON CORPTRUSTEE
Institutional trustee
0$103,801$34,629
HEI PENSION INVESTMENT COMMITTEE(SEE SCHEDULE O)
Trustee or director
0$0$0

Address and contacts

Address (IRS master file)
PO BOX 730, HONOLULU, HI 96808-0730
In care of
% BRENDA LEE
Principal officer (990 for 2024)
KURT K MURAO, PO BOX 730, HONOLULU, HI 968080730
Signed the 990
KURT K MURAO, PIC SECRETARY
Phone
(808) 543-7948
Return prepared by
CW ASSOCIATES CPAS

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."

990 for the year ended December 31, 2024

Program accomplishments

  • FUNDING VEHICLE

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
99-6067555
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
1996
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$156,530,664
Income (IRS master file)
$30,162,757

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$26,750,279$5,882,635$156,530,664XML
990December 2023$7,651,265$6,055,659$142,405,213XML
990December 2022$8,416,559$6,200,327$128,348,207IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 99-6067555).

Questions about HAWAIIAN ELECTRIC INDUSTRIES INC VEBA PL FOR BARGAINING UNIT EMPLYS

What is the EIN of HAWAIIAN ELECTRIC INDUSTRIES INC VEBA PL FOR BARGAINING UNIT EMPLYS?
The employer identification number (EIN) of HAWAIIAN ELECTRIC INDUSTRIES INC VEBA PL FOR BARGAINING UNIT EMPLYS is 99-6067555.
Is HAWAIIAN ELECTRIC INDUSTRIES INC VEBA PL FOR BARGAINING UNIT EMPLYS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1996.
Are donations to HAWAIIAN ELECTRIC INDUSTRIES INC VEBA PL FOR BARGAINING UNIT EMPLYS tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does HAWAIIAN ELECTRIC INDUSTRIES INC VEBA PL FOR BARGAINING UNIT EMPLYS file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of HAWAIIAN ELECTRIC INDUSTRIES INC VEBA PL FOR BARGAINING UNIT EMPLYS due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HAWAIIAN ELECTRIC INDUSTRIES INC VEBA PL FOR BARGAINING UNIT EMPLYS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of HAWAIIAN ELECTRIC INDUSTRIES INC VEBA PL FOR BARGAINING UNIT EMPLYS?
The 990 for the year ended December 31, 2024 names KURT K MURAO.
Who are the officers and directors of HAWAIIAN ELECTRIC INDUSTRIES INC VEBA PL FOR BARGAINING UNIT EMPLYS?
The 990 for the year ended December 31, 2024 lists 2 people; 1 received compensation from the organization, the highest $87,805 (BANK OF NEW YORK MELLON CORP, TRUSTEE).
How much revenue does HAWAIIAN ELECTRIC INDUSTRIES INC VEBA PL FOR BARGAINING UNIT EMPLYS have?
On its 990 for the year ended December 31, 2024 it reported revenue of $26,750,279, expenses of $5,882,635 and total assets of $156,530,664 at year end.

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