Civic Intelligence

Consolidated Edison Master Welfare Benefit

EIN 13-3329253 • 501(c)9 • New York, NY

Profile

To provide disability benefits to eligible participants.

4 Irving Place 2nd FloorNew York, NY 10003

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.08x

Higher debt load relative to assets than 60% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

98th percentile

0.99x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Source year 2024

Net Margin

95th percentile

75%

Higher net margin than 95% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

57th percentile

$51,665

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

501(c)9 • $50M-$100M nonprofits • Source year 2024

Asset Growth

74th percentile

14%

Faster asset growth than 74% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

96th percentile

82%

Faster revenue growth than 96% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$64,208,634

Up $7,704,341 (+14%) from 2023

Liabilities

Down

$4,928,596

Down $689,129 (-12%) from 2023

Net Assets

Up

$59,280,038

Up $8,393,470 (+16%) from 2023

Operations
Liabilities / Revenue98th percentileNet Margin95th percentile

Revenue

Up

$4,978,156

Up $2,244,842 (+82%) from 2023

Expenses

Down

$1,264,537

Down $160,802 (-11%) from 2023

Net Income

Up

$3,713,619

Up $2,405,644 (+184%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth74th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80M$60M$40M$20M$0Assets 2011: $21,035,806Liabilities 2011: $15,751,163Net Assets 2011: $5,284,6432011Assets 2012: $23,210,804Liabilities 2012: $13,546,218Net Assets 2012: $9,664,5862012Assets 2013: $26,824,403Liabilities 2013: $13,450,294Net Assets 2013: $13,374,1092013Assets 2014: $27,777,347Liabilities 2014: $14,621,432Net Assets 2014: $13,155,9152014Assets 2015: $27,620,096Liabilities 2015: $13,392,191Net Assets 2015: $14,227,9052015Assets 2016: $29,786,517Liabilities 2016: $12,431,420Net Assets 2016: $17,355,0972016Assets 2017: $35,481,557Liabilities 2017: $12,187,905Net Assets 2017: $23,293,6522017Assets 2018: $33,340,657Liabilities 2018: $10,483,577Net Assets 2018: $22,857,0802018Assets 2019: $43,013,664Liabilities 2019: $10,030,400Net Assets 2019: $32,983,2642019Assets 2020: $50,826,836Liabilities 2020: $9,081,658Net Assets 2020: $41,745,1782020Assets 2021: $59,224,555Liabilities 2021: $7,428,908Net Assets 2021: $51,795,6472021Assets 2022: $47,478,490Liabilities 2022: $6,425,335Net Assets 2022: $41,053,1552022Assets 2023: $56,504,293Liabilities 2023: $5,617,725Net Assets 2023: $50,886,5682023Assets 2024: $64,208,634Liabilities 2024: $4,928,596Net Assets 2024: $59,280,0382024

Highlighted filing

2024

Assets$64,208,634
Liabilities$4,928,596
Net Assets$59,280,038
Open 2024 Filing

Operations Trend

Revenue Growth96th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0Revenue 2011: $3,202,579Expenses 2011: $3,077,616Net Income 2011: $124,9632011Revenue 2012: $5,570,077Expenses 2012: $2,921,813Net Income 2012: $2,648,2642012Revenue 2013: $3,900,060Expenses 2013: $2,989,054Net Income 2013: $911,0062013Revenue 2014: $3,295,249Expenses 2014: $2,740,311Net Income 2014: $554,9382014Revenue 2015: $3,295,335Expenses 2015: $2,541,715Net Income 2015: $753,6202015Revenue 2016: $3,294,528Expenses 2016: $2,098,593Net Income 2016: $1,195,9352016Revenue 2017: $3,514,302Expenses 2017: $1,696,401Net Income 2017: $1,817,9012017Revenue 2018: $3,478,480Expenses 2018: $1,976,791Net Income 2018: $1,501,6892018Revenue 2019: $4,475,536Expenses 2019: $1,702,895Net Income 2019: $2,772,6412019Revenue 2020: $3,389,897Expenses 2020: $1,794,272Net Income 2020: $1,595,6252020Revenue 2021: $14,787,007Expenses 2021: $1,520,740Net Income 2021: $13,266,2672021Revenue 2022: $2,865,675Expenses 2022: $1,455,593Net Income 2022: $1,410,0822022Revenue 2023: $2,733,314Expenses 2023: $1,425,339Net Income 2023: $1,307,9752023Revenue 2024: $4,978,156Expenses 2024: $1,264,537Net Income 2024: $3,713,6192024

Highlighted filing

2024

Revenue$4,978,156
Expenses$1,264,537
Net Income$3,713,619
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$64,208,634
Liabilities
$4,928,596
Net assets
$59,280,038
Revenue
$4,978,156
Expenses
$1,264,537
Net income
$3,713,619
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$64.2$4.93$59.3$4.98$1.26$3.71
2023Detailed filing. Detailed filing data is available for this year.$56.5$5.62$50.9$2.73$1.43$1.31
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$47.5$6.43$41.1$2.87$1.46$1.41
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$59.2$7.43$51.8$14.8$1.52$13.3
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$50.8$9.08$41.7$3.39$1.79$1.60
2019Detailed filing. Detailed filing data is available for this year.$43.0$10.0$33.0$4.48$1.70$2.77
2018Detailed filing. Detailed filing data is available for this year.$33.3$10.5$22.9$3.48$1.98$1.50
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.5$12.2$23.3$3.51$1.70$1.82
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.8$12.4$17.4$3.29$2.10$1.20
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.6$13.4$14.2$3.30$2.54$0.75
2014Detailed filing. Detailed filing data is available for this year.$27.8$14.6$13.2$3.30$2.74$0.55
2013Summary only. Only limited summary data is available for this year.$26.8$13.5$13.4$3.90$2.99$0.91
2012Summary only. Only limited summary data is available for this year.$23.2$13.5$9.66$5.57$2.92$2.65
2011Summary only. Only limited summary data is available for this year.$21.0$15.8$5.28$3.20$3.08$0.12
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$5,555,919
Mission and Program Overview

Mission

To provide disability benefits to eligible participants.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$55,890,606$63,122,338▲ $7,231,732
Cap Stk Tr Prin Current Funds$50,886,568$59,280,038▲ $8,393,470
Savings and Temporary Cash Investments$130,943$577,302▲ $446,359
Cash and Non-Interest-Bearing Accounts$300,000$300,000→ $0
Accounts Receivable$182,744$208,994▲ $26,250
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$56,504,293$64,208,634▲ $7,704,341
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$5,569,085$4,875,964▼ $693,121
Accounts Payable and Accrued Expenses$48,640$52,632▲ $3,992
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$5,617,725$4,928,596▼ $689,129
Net Assets / Fund Balance
Total Net Assets Fund Balance$50,886,568$59,280,038▲ $8,393,470
Total Liabilities and Net Assets / Fund Balance$56,504,293$64,208,634▲ $7,704,341

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$110,243--
Compensation and Service Providers
Top Officer Pay57th percentile

Employees

NameTitleBaseTotal
The Bank of New York MellonTrustee (See Schedule O)$51,665$51,665
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,284,604
Investment Income
$3,693,552
Other Revenue
$0
Change in Net Assets
$3,713,619

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,978,156
Revenue Not Reported on Form 990
$3,986,730
Total Revenue per Audited Statements
$8,964,886
Total Revenue per Form 990
$4,978,156
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$81,231
Salaries, Compensation, and Employee Benefits$51,665
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$1,131,641
Current Officers, Directors, Trustees, and Key Employees---$51,665
Fees for Services Accounting---$37,100
Other Expenses---$8,362
Fees for Services Other---$269
Total Functional Expenses$0$0$0$1,264,537

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,264,537
Total Expenses per Audited Statements$1,264,537
Total Expenses per Form 990$1,264,537
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Reserve for Disabled Employees$4,875,964
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Lines 1A & B

“The bank of new york mellon serves as the sole directed trustee of the consolidated edison master welfare benefit plan. The plan sponsor is consolidated edison company of new york, inc. The trust is administered by the plan sponsor in accordance with the terms of the trust agreement. As such,the veba does not have a governing body that exercises discretion.”

Form 990, Part VI, Sections A & B Lines 8, 12 -15

“These questions are not applicable to this organization as it is a 501(c)(9) trust (voluntary employee benefits association). Additionally, the organization does not have employees, therefore no processes related to employee compensation are in place.”

Form 990, Part VI, Section B, Line 11B

“A complete electronic copy of the organization's form 990 was provided to the plan administrator for review prior to filing with the irs.”

Form 990, Part VI, Section C, Line 19

“As a 501(c)(9) organization, the trust is not required to make the documents referenced in question 19 available to the general public.”

Form 990, Part VII, Section A, Line 1A, Column (B)

“Average hours per week devoted to position: as trustee, the bank of new york mellon provides administrative services such as acting as investment manager consolidated edison master welfare benefit plan. These services require numerous individual bank employees' involvement in the activities of the organization and thus cannot be quantified on an hourly basis. Therefore, the trustee fees are not based upon an hourly basis, but are calculated based upon factors such as the fair market value of the account and in accordance with the bank of new york mellon's agreement with consolidated edison company of new york, inc.”

Filing and Contact Details

Filer

Filer Name
Consolidated Edison Master Welfare Benefit
EIN
13-3329253
In Care Of
% THE BANK OF NEW YORK MELLON
Phone
4122341091
Address
4 IRVING PLACE 2ND FLOOR, NEW YORK, NY 10003

Signing Officer

Name
Kirkland Andrews
Title
Sr VP & CFO
Phone
4122341091
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
The Bank of New York Mellon
Formed
1996
Legal Domicile
Ny
Voting Board Members
1
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Ernst & Young US Llp
Address
1 MANHATTAN WEST, NEW YORK, NY 10001
Preparer
Nicole M Sokolowski
Phone
2127733000
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Change in the claim reserve from 2023 to 2024 ($693,121)”

Financial Statement Notes

Part X, Line 2 - Asc740

“Accounting principles generally accepted in the United States of America require management of the Plan Sponsor to evaluate tax positions taken by the Plan and recognize a tax liability (or asset) if the Plan has take an uncertain position that more likely than not would not be sustained upon examination by the IRS. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.”

Raw XML Appendix387 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt048640
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt052632
IRS990/AccountsReceivableGrp/BOYAmt0182744
IRS990/AccountsReceivableGrp/EOYAmt0208994
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0To provide disability benefits to eligible participants.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AuditCommitteeInd0false
IRS990/BenefitsToMembersGrp/TotalAmt01131641
IRS990/BooksInCareOfDetail/PersonNm0THE BANK OF NEW YORK MELLON
IRS990/BooksInCareOfDetail/PhoneNum04122341091
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0500 GRANT STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0Pittsburgh
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd015258
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt050886568
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt059280038
IRS990/CashNonInterestBearingGrp/BOYAmt0300000
IRS990/CashNonInterestBearingGrp/EOYAmt0300000
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt051665
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt00
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt01131641
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt03693552
IRS990/CYOtherExpensesAmt081231
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01284604
IRS990/CYRevenuesLessExpensesAmt03713619
IRS990/CYSalariesCompEmpBnftPaidAmt051665
IRS990/CYTotalExpensesAmt01264537
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04978156
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0To provide disability benefits to eligible participants.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt037100
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt0269
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.0
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/PersonNm0THE BANK OF NEW YORK MELLON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt051665
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0Trustee (See Schedule O)
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/SecuritiesAmt02207009
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt01
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt02784772
IRS990/GrossReceiptsAmt05555919
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt01486543
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01486543
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt055890606
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt063122338
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0577763
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MissionDesc0TO PROVIDE DISABILITY BENEFITS TO ELIGIBLE PARTICIPANTS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt050886568
IRS990/NetAssetsOrFundBalancesEOYAmt059280038
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt02207009
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt02207009
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt03986730
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt0693121
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0ADMIN FEES
IRS990/OtherExpensesGrp/Desc1TAX SERVICES
IRS990/OtherExpensesGrp/TotalAmt035500
IRS990/OtherExpensesGrp/TotalAmt18362
IRS990/OtherLiabilitiesGrp/BOYAmt05569085
IRS990/OtherLiabilitiesGrp/EOYAmt04875964
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
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IRS990/ProgramServiceRevenueGrp/BusinessCd0525100
IRS990/ProgramServiceRevenueGrp/Desc0EMPLOYEE CONTRIBUTIONS
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IRS990/PYBenefitsPaidToMembersAmt01242904
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IRS990/PYGrantsAndSimilarPaidAmt00
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IRS990/PYOtherExpensesAmt0160602
IRS990/PYOtherRevenueAmt00
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IRS990/PYRevenuesLessExpensesAmt01307975
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IRS990/PYTotalRevenueAmt02733314
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IRS990/RentalIncomeOrLossGrp/RealAmt00
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IRS990/ReportOtherAssetsInd0false
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0577302
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RESERVE FOR DISABLED EMPLOYEES
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IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2110243
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IRS990ScheduleD/OtherSecuritiesGrp/Desc2CF CHARITABLE TEMPO INVEST FD
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/RevenueNotReportedAmt03986730
IRS990ScheduleD/RevenueSubtotalAmt04978156
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Accounting principles generally accepted in the United States of America require management of the Plan Sponsor to evaluate tax positions taken by the Plan and recognize a tax liability (or asset) if the Plan has take an uncertain position that more likely than not would not be sustained upon examination by the IRS. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2 - ASC740
IRS990ScheduleD/TotalBookValueSecuritiesAmt063122338
IRS990ScheduleD/TotalExpensesPerForm990Amt01264537
IRS990ScheduleD/TotalLiabilityAmt04875964
IRS990ScheduleD/TotalRevenuePerForm990Amt04978156
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08964886
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01264537
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BANK OF NEW YORK MELLON SERVES AS THE SOLE DIRECTED TRUSTEE OF THE CONSOLIDATED EDISON MASTER WELFARE BENEFIT PLAN. THE PLAN SPONSOR IS CONSOLIDATED EDISON COMPANY OF NEW YORK, INC. THE TRUST IS ADMINISTERED BY THE PLAN SPONSOR IN ACCORDANCE WITH THE TERMS OF THE TRUST AGREEMENT. AS SUCH,THE VEBA DOES NOT HAVE A GOVERNING BODY THAT EXERCISES DISCRETION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THESE QUESTIONS ARE NOT APPLICABLE TO THIS ORGANIZATION AS IT IS A 501(C)(9) TRUST (VOLUNTARY EMPLOYEE BENEFITS ASSOCIATION). ADDITIONALLY, THE ORGANIZATION DOES NOT HAVE EMPLOYEES, THEREFORE NO PROCESSES RELATED TO EMPLOYEE COMPENSATION ARE IN PLACE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COMPLETE ELECTRONIC COPY OF THE ORGANIZATION'S FORM 990 WAS PROVIDED TO THE PLAN ADMINISTRATOR FOR REVIEW PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AS A 501(C)(9) ORGANIZATION, THE TRUST IS NOT REQUIRED TO MAKE THE DOCUMENTS REFERENCED IN QUESTION 19 AVAILABLE TO THE GENERAL PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVERAGE HOURS PER WEEK DEVOTED TO POSITION: AS TRUSTEE, THE BANK OF NEW YORK MELLON PROVIDES ADMINISTRATIVE SERVICES SUCH AS ACTING AS INVESTMENT MANAGER CONSOLIDATED EDISON MASTER WELFARE BENEFIT PLAN. THESE SERVICES REQUIRE NUMEROUS INDIVIDUAL BANK EMPLOYEES' INVOLVEMENT IN THE ACTIVITIES OF THE ORGANIZATION AND THUS CANNOT BE QUANTIFIED ON AN HOURLY BASIS. THEREFORE, THE TRUSTEE FEES ARE NOT BASED UPON AN HOURLY BASIS, BUT ARE CALCULATED BASED UPON FACTORS SUCH AS THE FAIR MARKET VALUE OF THE ACCOUNT AND IN ACCORDANCE WITH THE BANK OF NEW YORK MELLON'S AGREEMENT WITH CONSOLIDATED EDISON COMPANY OF NEW YORK, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CHANGE IN THE CLAIM RESERVE FROM 2023 TO 2024 ($693,121)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINES 1A & B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Sections A & B Lines 8, 12 -15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VII, SECTION A, LINE 1A, COLUMN (B)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XI, Line 9
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IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0135009340
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C Corp
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0Utilities
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0Consolidated Edison of NY Inc
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt04 Irving Place
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0New York
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0NY
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IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
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IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt064208634
IRS990/TotalAssetsGrp/BOYAmt056504293
IRS990/TotalAssetsGrp/EOYAmt064208634
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IRS990/TotalLiabilitiesEOYAmt04928596
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IRS990/TotalLiabilitiesGrp/EOYAmt04928596
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt059280038
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IRS990/TotalVolunteersCnt00
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IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0500 GRANT STREET
IRS990/USAddress/CityNm0PITTSBURGH
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd015258
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KIRKLAND ANDREWS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SR VP & CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum04122341091
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Consolidated Edison Master Welfare Benefit
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0Plan
ReturnHeader/Filer/BusinessNameControlTxt0CONS
ReturnHeader/Filer/EIN0133329253
ReturnHeader/Filer/InCareOfNm0% THE BANK OF NEW YORK MELLON
ReturnHeader/Filer/PhoneNum04122341091
ReturnHeader/Filer/USAddress/AddressLine1Txt04 IRVING PLACE 2ND FLOOR
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
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ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ERNST & YOUNG US LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01 MANHATTAN WEST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010001
ReturnHeader/PreparerPersonGrp/PhoneNum02127733000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NICOLE M SOKOLOWSKI
ReturnHeader/ReturnTs02025-11-14T16:13:34-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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