Liabilities / Assets
63rd percentile
Tied with the lowest-debt nonprofits in its peer group.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
65th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
11th percentile
Higher net margin than 11% of similar nonprofits.
Top Officer Pay
88th percentile
Higher top officer pay than 88% of similar nonprofits.
Top officer pay equals 945.6% of source-year revenue.
Asset Growth
20th percentile
Faster asset growth than 20% of similar nonprofits.
Revenue Growth
93rd percentile
Faster revenue growth than 93% of similar nonprofits.
Balance Sheet
Assets
Down$7,812
Down $4,059 (-34%) from 2022
Net Assets
Down$7,812
Down $4,059 (-34%) from 2022
Liabilities
Flat$0
Flat from 2022
Revenue And Expenses
Revenue
Up$480
Up $307 (+177%) from 2022
Expenses
Up$4,539
Up $2,184 (+93%) from 2022
Net Income
Down-$4,059
Down $1,877 (-86%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- Jul 17, 2024
- Return Version
- 2023v5.1
- Gross Receipts
- $480
Mission and Program Overview
Mission
Provide benefits to eligible members.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| TO PROVIDE BENEFITS TO ELIGIBLE MEMBERS. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| - | Trustee (See Schedule O) | - | $4,539 | - | $4,539 |
Filing and Contact Details
Filer
- Filer Name
- Duquesne Light Post Retirement Veba
- EIN
- 26-6639634
- Phone
- 4122342242
- Address
- C/O THE BNYM PO BOX 535007, PITTSBURGH, PA 15253-5007
Signing Officer
- Name
- Shelly M Paletta
- Title
- Bnym, Trustee
- Phone
- 4122342242
- Signed
- 2024-07-17
Preparer
- Firm
- Ernst & Young US Llp
- Address
- 2100 ONE PPG PLACE, PITTSBURGH, PA 15222
- Preparer
- Weitao Pan
- Phone
- 4126447800
Supplemental Narrative
Additional Explanations
Form 990-ez, Part IV, 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 for duquesne light post retirement veba. These services require numerous individual employees' involvement in the activities of the organization and thus cannot be quantified on an hourly basis.”
Form 990-ez, Part IV, Column B Continued
“Therefore, the trustee fees are not based upon an hourly basis, but are calculated based upon factors such as the market value of the account and in accordance with the bank of new york mellon's agreement with duquesne light company (plan sponsor).”
Form 990-EZ, Part II, Line 24
“Accounts Receivable 35”
Raw XML Appendix97 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | THE BANK OF NEW YORK MELLON |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 4122342242 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 535007 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | PITTSBURGH |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | PA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 152535007 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 11832 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 7777 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -4059 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 11871 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 7812 |
| IRS990EZ/GrossReceiptsAmt | 0 | 480 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/InvestmentIncomeAmt | 0 | 480 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingOtherDesc | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 11871 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 7812 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 11871 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 7812 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine1Txt | 0 | THE BANK OF NEW YORK MELLON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 4539 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | TRUSTEE (SEE SCHEDULE O) |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 39 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 35 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | PROVIDE BENEFITS TO ELIGIBLE MEMBERS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | TO PROVIDE BENEFITS TO ELIGIBLE MEMBERS. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 4539 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 4539 |
| IRS990EZ/TotalRevenueAmt | 0 | 480 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | AVERAGE HOURS PER WEEK DEVOTED TO POSITION: AS TRUSTEE, THE BANK OF NEW YORK MELLON PROVIDES ADMINISTRATIVE SERVICES SUCH AS ACTING AS INVESTMENT MANAGER FOR DUQUESNE LIGHT POST RETIREMENT VEBA. THESE SERVICES REQUIRE NUMEROUS INDIVIDUAL EMPLOYEES' INVOLVEMENT IN THE ACTIVITIES OF THE ORGANIZATION AND THUS CANNOT BE QUANTIFIED ON AN HOURLY BASIS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THEREFORE, THE TRUSTEE FEES ARE NOT BASED UPON AN HOURLY BASIS, BUT ARE CALCULATED BASED UPON FACTORS SUCH AS THE MARKET VALUE OF THE ACCOUNT AND IN ACCORDANCE WITH THE BANK OF NEW YORK MELLON'S AGREEMENT WITH DUQUESNE LIGHT COMPANY (PLAN SPONSOR). |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Accounts Receivable 35 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART IV, COLUMN B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART IV, COLUMN B CONTINUED |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part II, Line 24 |
| ReturnHeader/BuildTS | 0 | 2024-08-08 14:25:15Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | SHELLY M PALETTA |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | BNYM, TRUSTEE |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4122342242 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-07-17 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | DUQUESNE LIGHT POST RETIREMENT VEBA |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | DUQU |
| ReturnHeader/Filer/EIN | 0 | 266639634 |
| ReturnHeader/Filer/PhoneNum | 0 | 4122342242 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | C/O THE BNYM PO BOX 535007 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | PITTSBURGH |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | PA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 152535007 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 346565596 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | ERNST & YOUNG US LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2100 ONE PPG PLACE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | PITTSBURGH |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 15222 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4126447800 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2024-07-17 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | WEITAO PAN |
| ReturnHeader/ReturnTs | 0 | 2024-09-04T09:01:22-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $7,812
- Liabilities
- $0
- Net assets
- $7,812
- Revenue
- $480
- Expenses
- $4,539
- Net income
- -$4,059