Civic Intelligence

Sierra Pacific Power Medical and Dental

EIN 88-6033779 • 501(c)9 • Reno, NV

Profile

To provide medical and dental insurance and other benefits to retirees of nv energy, inc.

PO Box 10100Reno, NV 89520

www.nvenergy.com

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

Higher debt load relative to assets than 18% of similar nonprofits.

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

Liabilities / Revenue

26th percentile

0.00x

Higher debt load relative to revenue than 26% of similar nonprofits.

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

Net Margin

4th percentile

-93%

Higher net margin than 4% of similar nonprofits.

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

Top Officer Pay

100th percentile

$2,150,326

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 102.6% of source-year revenue.

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

Asset Growth

18th percentile

-4.7%

Faster asset growth than 18% of similar nonprofits.

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

Revenue Growth

79th percentile

20%

Faster revenue growth than 79% of similar nonprofits.

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

Assets

Down

$53,668,212

Down $2,672,944 (-4.7%) from 2023

Liabilities

Up

$6,226

Up $472 (+8.2%) from 2023

Net Assets

Down

$53,661,986

Down $2,673,416 (-4.7%) from 2023

Revenue

Up

$2,096,027

Up $353,061 (+20%) from 2023

Expenses

Down

$4,035,062

Down $55,290 (-1.4%) from 2023

Net Income

Up

-$1,939,035

Up $408,351 (+17%) from 2023

Trend Graphs

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2010: $54,200,280Liabilities 2010: $3,536Net Assets 2010: $54,196,7442010Assets 2011: $54,730,672Liabilities 2011: $1,059Net Assets 2011: $54,729,6132011Assets 2012: $56,950,417Liabilities 2012: $4,249Net Assets 2012: $56,946,1682012Assets 2013: $60,009,674Liabilities 2013: $18,577Net Assets 2013: $59,991,0972013Assets 2014: $64,846,455Liabilities 2014: $306,709Net Assets 2014: $64,539,7462014Assets 2015: $61,360,115Liabilities 2015: $37,178Net Assets 2015: $61,322,9372015Assets 2016: $64,232,755Liabilities 2016: $39,806Net Assets 2016: $64,192,9492016Assets 2017: $71,761,979Liabilities 2017: $35,868Net Assets 2017: $71,726,1112017Assets 2018: $65,310,534Liabilities 2018: $13,212Net Assets 2018: $65,297,3222018Assets 2019: $75,439,877Liabilities 2019: $9,039Net Assets 2019: $75,430,8382019Assets 2020: $72,410,973Liabilities 2020: $18,964Net Assets 2020: $72,392,0092020Assets 2021: $68,596,751Liabilities 2021: $7,762Net Assets 2021: $68,588,9892021Assets 2022: $56,750,738Liabilities 2022: $5,577Net Assets 2022: $56,745,1612022Assets 2023: $56,341,156Liabilities 2023: $5,754Net Assets 2023: $56,335,4022023Assets 2024: $53,668,212Liabilities 2024: $6,226Net Assets 2024: $53,661,9862024

Highlighted filing

2024

Assets$53,668,212
Liabilities$6,226
Net Assets$53,661,986

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2010: $4,828,3582010Expenses 2011: $5,072,2722011Expenses 2012: $4,789,9982012Revenue 2013: $1,124,509Expenses 2013: $4,175,638Net Income 2013: -$3,051,1292013Revenue 2014: $4,552,793Expenses 2014: $5,820,588Net Income 2014: -$1,267,7952014Revenue 2015: $5,463,830Expenses 2015: $3,622,672Net Income 2015: $1,841,1582015Revenue 2016: $3,107,830Expenses 2016: $3,292,065Net Income 2016: -$184,2352016Revenue 2017: $3,374,083Expenses 2017: $3,559,571Net Income 2017: -$185,4882017Revenue 2018: $3,634,012Expenses 2018: $4,013,781Net Income 2018: -$379,7692018Revenue 2019: $13,347,761Expenses 2019: $4,683,751Net Income 2019: $8,664,0102019Revenue 2020: $26,778,551Expenses 2020: $3,740,747Net Income 2020: $23,037,8042020Revenue 2021: $2,181,117Expenses 2021: $3,343,569Net Income 2021: -$1,162,4522021Revenue 2022: $1,820,173Expenses 2022: $3,793,783Net Income 2022: -$1,973,6102022Revenue 2023: $1,742,966Expenses 2023: $4,090,352Net Income 2023: -$2,347,3862023Revenue 2024: $2,096,027Expenses 2024: $4,035,062Net Income 2024: -$1,939,0352024

Highlighted filing

2024

Revenue$2,096,027
Expenses$4,035,062
Net Income-$1,939,035

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$53.7$0.01$53.7$2.10$4.04$1.94
2023Detailed filing. Detailed filing data is available for this year.$56.3$0.01$56.3$1.74$4.09$2.35
2022Detailed filing. Detailed filing data is available for this year.$56.8$0.01$56.7$1.82$3.79$1.97
2021Detailed filing. Detailed filing data is available for this year.$68.6$0.01$68.6$2.18$3.34$1.16
2020Detailed filing. Detailed filing data is available for this year.$72.4$0.02$72.4$26.8$3.74$23.0
2019Detailed filing. Detailed filing data is available for this year.$75.4$0.01$75.4$13.3$4.68$8.66
2018Detailed filing. Detailed filing data is available for this year.$65.3$0.01$65.3$3.63$4.01$0.38
2017Detailed filing. Detailed filing data is available for this year.$71.8$0.04$71.7$3.37$3.56$0.19
2016Detailed filing. Detailed filing data is available for this year.$64.2$0.04$64.2$3.11$3.29$0.18
2015Detailed filing. Detailed filing data is available for this year.$61.4$0.04$61.3$5.46$3.62$1.84
2014Detailed filing. Detailed filing data is available for this year.$64.8$0.31$64.5$4.55$5.82$1.27
2013Detailed filing. Detailed filing data is available for this year.$60.0$0.02$60.0$1.12$4.18$3.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$57.0$0.00$56.9$4.79
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$54.7$0.00$54.7$5.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$54.2$0.00$54.2$4.83
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 11, 2025
Return Version
2024v5.2
Gross Receipts
$10,106,181
Mission and Program Overview

Mission

To provide medical,dental insurance and other benefits to retirees of nv energy, inc.

To provide medical and dental benefits for retirees of nv energy, inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$56,335,402$53,661,986▼ $2,673,416
Investments in Publicly Traded Securities$55,934,189$53,425,486▼ $2,508,703
Accounts Receivable$140,583$242,724▲ $102,141
Cash and Non-Interest-Bearing Accounts$266,384$2▼ $266,382
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$56,341,156$53,668,212▼ $2,672,944
Liabilities
Accounts Payable and Accrued Expenses$5,754$6,226▲ $472
Total Liabilities$5,754$6,226▲ $472
Net Assets / Fund Balance
Total Net Assets Fund Balance$56,335,402$53,661,986▼ $2,673,416
Total Liabilities and Net Assets / Fund Balance$56,341,156$53,668,212▼ $2,672,944
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$677,345
Investment Income
$1,415,709
Other Revenue
$2,973
Change in Net Assets
$-1,939,035
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$76,891
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$3,958,171
Fees for Services Management---$55,153
Fees for Service Investment Mgmnt Fees---$13,284
Fees for Services Other---$8,454
Total Functional Expenses$0$0$0$4,035,062
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

The organization does not have any committees that have authority to act on behalf of the governing body.

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

The form 990 is prepared by the organization's public accounting firm based on information provided by management. Once the draft is available, it is reviewed by management and any changes incorporated into the filing. Once this detailed review is complete, the draft of the form 990 is sent to the governing board electronically for their review and comments prior to filing with the irs.

Form 990, Part VI, Section B, Line 12C

Each employee has to complete code of conduct training annually and complete/sign an electronic form disclosing any conflicts of interest. If conflicts of interest are disclosed, the conflict is reviewed by the legal department. Conflicts are monitored and are brought to the attention of management, the governing body, and/or the legal department in accordance with the conflict of interest policy.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Sierra Pacific Power Medical and Dental
EIN
88-6033779
Phone
7024025737
Address
PO BOX 10100, RENO, NV 89520

Signing Officer

Name
Michael Behrens
Title
Trustee
Phone
7024025737
Signed
2025-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chuck Chang
Formed
1979
Legal Domicile
Nv
Voting Board Members
12
Independent Board Members
10
Employees
0
Volunteers
10

Preparer

Firm
Baker Tilly Advisory Group Lp
Address
805 SW BROADWAY STE 1400, PORTLAND, OR 97205
Preparer
Wendy Campos
Phone
5032421447
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The veba trusts, that fund certain benefits of the plan, have each received an exemption letter from the internal revenue service (irs) stating that the trust is tax-exempt under the provisions of section 501(c)(9) of the irc. The plan and the trusts are required to operate in conformity with the irc to maintain the tax-exempt status of each trust. The plan administrator believes that the plan is being operated in compliance with the applicable requirements of the irc and, therefore, believes that the related trusts are tax-exempt. Accounting principles generally accepted in the united states of america require plan management to evaluate tax positions taken by the plan and recognize a tax liability (or asset) if it has taken 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.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE VEBA TRUSTS, THAT FUND CERTAIN BENEFITS OF THE PLAN, HAVE EACH RECEIVED AN EXEMPTION LETTER FROM THE INTERNAL REVENUE SERVICE (IRS) STATING THAT THE TRUST IS TAX-EXEMPT UNDER THE PROVISIONS OF SECTION 501(C)(9) OF THE IRC. THE PLAN AND THE TRUSTS ARE REQUIRED TO OPERATE IN CONFORMITY WITH THE IRC TO MAINTAIN THE TAX-EXEMPT STATUS OF EACH TRUST. THE PLAN ADMINISTRATOR BELIEVES THAT THE PLAN IS BEING OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC AND, THEREFORE, BELIEVES THAT THE RELATED TRUSTS ARE TAX-EXEMPT. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF IT HAS TAKEN 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:
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt123000
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt161695
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DOUG CANNON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1MICHAEL BEHRENS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0TRUSTEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1TRUSTEE
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1446937
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE THE DRAFT IS AVAILABLE, IT IS REVIEWED BY MANAGEMENT AND ANY CHANGES INCORPORATED INTO THE FILING. ONCE THIS DETAILED REVIEW IS COMPLETE, THE DRAFT OF THE FORM 990 IS SENT TO THE GOVERNING BOARD ELECTRONICALLY FOR THEIR REVIEW AND COMMENTS PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH EMPLOYEE HAS TO COMPLETE CODE OF CONDUCT TRAINING ANNUALLY AND COMPLETE/SIGN AN ELECTRONIC FORM DISCLOSING ANY CONFLICTS OF INTEREST. IF CONFLICTS OF INTEREST ARE DISCLOSED, THE CONFLICT IS REVIEWED BY THE LEGAL DEPARTMENT. CONFLICTS ARE MONITORED AND ARE BROUGHT TO THE ATTENTION OF MANAGEMENT, THE GOVERNING BODY, AND/OR THE LEGAL DEPARTMENT IN ACCORDANCE WITH THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
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IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0NV ENERGY INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt06226 WEST SAHARA AVENUE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0LAS VEGAS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0NV
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd089146
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0NV ENERGY INC MEDICAL DENTAL PLAN LOCAL BARGAINING UNIT 396 EMPLOYEE TRUST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0270758585
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0RETIREE BENEFITS
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0RENO
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IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
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IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
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IRS990ScheduleR/TransferToOtherOrgInd00
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IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt056341156
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IRS990/TotalCompGreaterThan150KInd01
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt053661986
IRS990/TotalOtherCompensationAmt074550
IRS990/TotalProgramServiceRevenueAmt0677345
IRS990/TotalReportableCompFromOrgAmt00
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IRS990/TotalVolunteersCnt010
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IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
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IRS990/VotingMembersGoverningBodyCnt012
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IRS990/WebsiteAddressTxt0WWW.NVENERGY.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL BEHRENS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum07024025737
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SIERRA PACIFIC POWER MEDICAL AND DENTAL
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0PLAN TRUST
ReturnHeader/Filer/BusinessNameControlTxt0SIER
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