Civic Intelligence

Pg&E Postretirement Medical Plan Trust Non- Management Employees and Retirees

990 • Fiscal year 2023 • EIN 94-3148512

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 13, 2024

Organization ProfileN/A
C/O The Bnym PO Box 535007Pittsburgh, PA 15253-5007

(412) 234-2242

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

23rd percentile

0.09x

Higher debt load relative to assets than 23% of similar nonprofits.

2023 filings • $1B+ nonprofits • Source year 2023

Liabilities / Revenue

77th percentile

3.99x

Higher debt load relative to revenue than 77% of similar nonprofits.

2023 filings • $1B+ nonprofits • Source year 2023

Net Margin

2nd percentile

-184%

Higher net margin than 2% of similar nonprofits.

2023 filings • $1B+ nonprofits • Source year 2023

Top Officer Pay

13th percentile

$418,584

Higher top officer pay than 13% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2023 filings • $1B+ nonprofits • Source year 2023

Asset Growth

77th percentile

11%

Faster asset growth than 77% of similar nonprofits.

2023 filings • $1B+ nonprofits • Annualized from 2022 to 2023

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets23rd percentile

Assets

Up

$1,816,336,241

Up $174,420,934 (+11%) from 2022

Net Assets

Up

$1,657,325,928

Up $88,605,726 (+5.6%) from 2022

Liabilities

Up

$159,010,313

Up $85,815,208 (+117%) from 2022

Revenue And Expenses
Liabilities / Revenue77th percentileNet Margin2nd percentile

Revenue

Up

$39,856,966

Up $148,263,160 (+137%) from 2022

Expenses

Up

$113,347,341

Up $125,518 (+0.1%) from 2022

Net Income

Up

-$73,490,375

Up $148,137,642 (+67%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth77th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0B$2.0B$1.0B$0Assets 2010: $1,099,037,634Liabilities 2010: $91,902,602Net Assets 2010: $1,007,135,0322010Assets 2011: $1,271,813,928Liabilities 2011: $134,663,804Net Assets 2011: $1,137,150,1242011Assets 2012: $1,787,404,166Liabilities 2012: $472,239,037Net Assets 2012: $1,315,165,1292012Assets 2013: $1,463,138,812Liabilities 2013: $116,049,913Net Assets 2013: $1,347,088,8992013Assets 2014: $1,602,831,625Liabilities 2014: $108,830,619Net Assets 2014: $1,494,001,0062014Assets 2015: $1,527,583,966Liabilities 2015: $96,717,785Net Assets 2015: $1,430,866,1812015Assets 2016: $1,607,452,197Liabilities 2016: $92,343,233Net Assets 2016: $1,515,108,9642016Assets 2017: $1,794,627,249Liabilities 2017: $112,907,534Net Assets 2017: $1,681,719,7152017Assets 2018: $1,667,126,504Liabilities 2018: $103,217,973Net Assets 2018: $1,563,908,5312018Assets 2019: $1,970,122,013Liabilities 2019: $120,689,013Net Assets 2019: $1,849,433,0002019Assets 2020: $2,211,586,529Liabilities 2020: $141,101,500Net Assets 2020: $2,070,485,0292020Assets 2021: $2,216,040,179Liabilities 2021: $90,497,232Net Assets 2021: $2,125,542,9472021Assets 2022: $1,641,915,307Liabilities 2022: $73,195,105Net Assets 2022: $1,568,720,2022022Assets 2023: $1,816,336,241Liabilities 2023: $159,010,313Net Assets 2023: $1,657,325,9282023Assets 2024: $1,824,474,570Liabilities 2024: $227,513,731Net Assets 2024: $1,596,960,8392024

Highlighted filing

2023

Assets$1,816,336,241
Liabilities$159,010,313
Net Assets$1,657,325,928
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400M$200M$0-$200M-$400MRevenue 2010: $111,719,662Expenses 2010: $39,910,537Net Income 2010: $71,809,1252010Revenue 2011: $180,311,783Expenses 2011: $41,162,060Net Income 2011: $139,149,7232011Expenses 2012: $37,897,1722012Revenue 2013: $83,039,220Expenses 2013: $34,918,633Net Income 2013: $48,120,5872013Revenue 2014: $121,064,042Expenses 2014: $90,243,415Net Income 2014: $30,820,6272014Revenue 2015: $133,195,777Expenses 2015: $92,045,758Net Income 2015: $41,150,0192015Revenue 2016: $133,548,407Expenses 2016: $97,916,059Net Income 2016: $35,632,3482016Revenue 2017: $139,458,278Expenses 2017: $102,362,390Net Income 2017: $37,095,8882017Revenue 2018: $169,212,910Expenses 2018: $101,451,144Net Income 2018: $67,761,7662018Revenue 2019: $191,029,639Expenses 2019: $102,833,268Net Income 2019: $88,196,3712019Revenue 2020: $190,593,798Expenses 2020: $101,528,815Net Income 2020: $89,064,9832020Revenue 2021: $382,034,563Expenses 2021: $103,799,365Net Income 2021: $278,235,1982021Revenue 2022: -$108,406,194Expenses 2022: $113,221,823Net Income 2022: -$221,628,0172022Revenue 2023: $39,856,966Expenses 2023: $113,347,341Net Income 2023: -$73,490,3752023Revenue 2024: $84,500,203Expenses 2024: $120,839,655Net Income 2024: -$36,339,4522024

Highlighted filing

2023

Revenue$39,856,966
Expenses$113,347,341
Net Income-$73,490,375
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 13, 2024
Return Version
2023v5.1
Gross Receipts
$123,615,658
Mission and Program Overview

Mission

To provide welfare benefits to eligible members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,510,370,167$1,673,547,237▲ $163,177,070
Cap Stk Tr Prin Current Funds$1,568,720,202$1,657,325,928▲ $88,605,726
Accounts Receivable$67,680,238$74,358,436▲ $6,678,198
Savings and Temporary Cash Investments$27,170,632$43,834,782▲ $16,664,150
Investments Other Securities$33,412,195$22,972,955▼ $10,439,240
Cash and Non-Interest-Bearing Accounts$3,282,075$1,622,831▼ $1,659,244
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
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$1,641,915,307$1,816,336,241▲ $174,420,934
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$73,195,105$159,010,313▲ $85,815,208
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$73,195,105$159,010,313▲ $85,815,208
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,568,720,202$1,657,325,928▲ $88,605,726
Total Liabilities and Net Assets / Fund Balance$1,641,915,307$1,816,336,241▲ $174,420,934
Compensation and Service Providers
Top Officer Pay13th percentile

Employees

NameTitleBaseTotal
The Bank of New York MellonTrustee (see Schedule O)$418,584$418,584

Highest Paid Contractors

ContractorServicesLocationCompensation
Anthem BCAdministration120 Monument Circle, Indianapolis, IN 46204$2,747,232
LifeworksAdministration651 HOLIDAY DRIVE, Pittsburgh, PA 15220$1,999,208
Kaiser Permanente Insurance CompanyAdministration1 KAISER PLAZA, Oakland, CA 94612$1,702,885
PimcoInvestment Mgmt.1633 Broadway, New York, NY 10019$472,535
Lockton DunningAccounting Fees6900 Dallas Parkway Suite 450, Plano, TX 75024$353,617
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$64,625,384
Investment Income
$-24,811,432
Other Revenue
$43,014
Change in Net Assets
$-73,490,375
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$10,162,320
Salaries, Compensation, and Employee Benefits$418,584
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$102,766,437
Fees for Service Investment Mgmnt Fees---$2,328,639
Fees for Services Accounting---$426,811
Current Officers, Directors, Trustees, and Key Employees---$418,584
Fees for Services Other---$69,139
Other Expenses---$15,316
All Other Expenses---$3
Total Functional Expenses$0$0$0$113,347,341
International Activity

International Summary

Offices
0
Employees
0
Spending
$22,696,839

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
Yes
Interest in foreign trust
No
Passive foreign investment company interest
Yes
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanInvestments-00$22,696,839
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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 this trust. The plan sponsor is pg&e corporation. The trust is administered by the plan sponsor in accordance with the terms of the trust agreement. As such, the trust 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 the trust. Additionally, the trust does not have any employees, therefore, no processes related to employee compensation are in place.”

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

“A complete electronic copy of the organization's form 990 was provided to the trustee 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 for pg&e postretirement medical plan trust non-management employees and retirees. 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 market value of the account and in accordance with the bank of new york mellon's agreement with pg&e corporation.”

Filing and Contact Details

Filer

Filer Name
PG&E Postretirement Medical Plan Trust Non-
EIN
94-3148512
In Care Of
% THE BANK OF NEW YORK MELLON
Phone
4122342242
Address
C/O THE BNYM PO BOX 535007, PITTSBURGH, PA 15253-5007

Signing Officer

Name
Shelly Paletta
Title
VP, Bnym, as Trustee
Phone
4122342242
Signed
2024-11-13

Organization Details

Principal Officer
The Bank of New York Mellon
Formed
1991
Legal Domicile
CA
Voting Board Members
1
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Ernst & Young US Llp
Address
2100 ONE PPG PLACE, PITTSBURGH, PA 15222
Preparer
Eileen M Webb
Phone
4126447800
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 1

“MODIFIED CASH BASIS”

Raw XML AppendixShowing 400 of 448 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.

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IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0ADMINISTRATION FEES
IRS990/OtherExpensesGrp/Desc1UBTI TAX EXPENSE
IRS990/OtherExpensesGrp/Desc2COMMISSION ON FUTURES/SWAPS
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS FEES
IRS990/OtherExpensesGrp/TotalAmt07228885
IRS990/OtherExpensesGrp/TotalAmt153351
IRS990/OtherExpensesGrp/TotalAmt240176
IRS990/OtherExpensesGrp/TotalAmt315316
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/Desc1PARTNERSHIP INCOME
IRS990/OtherRevenueMiscGrp/Desc2FOREIGN CURRENCY INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt0283398
IRS990/OtherRevenueMiscGrp/ExclusionAmt148798
IRS990/OtherRevenueMiscGrp/ExclusionAmt2-289182
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0283398
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt148798
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2-289182
IRS990/OtherRevenueTotalAmt043014
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0THE BANK OF NEW YORK MELLON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0525100
IRS990/ProgramServiceRevenueGrp/BusinessCd1525100
IRS990/ProgramServiceRevenueGrp/BusinessCd2525100
IRS990/ProgramServiceRevenueGrp/Desc0EMPLOYER CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/Desc1EMPLOYEE CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/Desc2BENEFIT PAYMENT REFUNDS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01730047
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt150283756
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt212611581
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01730047
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt150283756
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt212611581
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt0103068883
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-170675964
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt09768544
IRS990/PYOtherRevenueAmt0-2663409
IRS990/PYProgramServiceRevenueAmt064933179
IRS990/PYRevenuesLessExpensesAmt0-221628017
IRS990/PYSalariesCompEmpBnftPaidAmt0384396
IRS990/PYTotalExpensesAmt0113221823
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0-108406194
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-73490375
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt027170632
IRS990/SavingsAndTempCashInvstGrp/EOYAmt043834782
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt022696839
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Central America and the Caribbean
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Investments
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0true
IRS990ScheduleF/ForeignPartnershipInd0true
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0true
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt022696839
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt022696839
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BANK OF NEW YORK MELLON SERVES AS THE SOLE DIRECTED TRUSTEE OF THIS TRUST. THE PLAN SPONSOR IS PG&E CORPORATION. THE TRUST IS ADMINISTERED BY THE PLAN SPONSOR IN ACCORDANCE WITH THE TERMS OF THE TRUST AGREEMENT. AS SUCH, THE TRUST DOES NOT HAVE A GOVERNING BODY THAT EXERCISES DISCRETION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THESE QUESTIONS ARE NOT APPLICABLE TO THE TRUST. ADDITIONALLY, THE TRUST DOES NOT HAVE ANY 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 TRUSTEE 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 FOR PG&E POSTRETIREMENT MEDICAL PLAN TRUST NON-MANAGEMENT EMPLOYEES AND RETIREES. 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 MARKET VALUE OF THE ACCOUNT AND IN ACCORDANCE WITH THE BANK OF NEW YORK MELLON'S AGREEMENT WITH PG&E CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MODIFIED CASH BASIS
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 11A
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 XII, LINE 1
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0943358729
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct00.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0UTILITY SERVICES
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0PG&E CORPORATION
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfEOYAssetsAmt00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0One Market Spear Tower Ste 2400
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0San Francisco
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd094105
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0true
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01641915307
IRS990/TotalAssetsEOYAmt01816336241
IRS990/TotalAssetsGrp/BOYAmt01641915307
IRS990/TotalAssetsGrp/EOYAmt01816336241
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0113347341
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt073195105
IRS990/TotalLiabilitiesEOYAmt0159010313
IRS990/TotalLiabilitiesGrp/BOYAmt073195105
IRS990/TotalLiabilitiesGrp/EOYAmt0159010313
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01568720202
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01657325928
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt00
IRS990/TotalProgramServiceRevenueAmt064625384
IRS990/TotalReportableCompFromOrgAmt0418584
IRS990/TotalRevenueGrp/ExclusionAmt0-24768418
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt064625384

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,816,336,241
Liabilities
$159,010,313
Net assets
$1,657,325,928
Revenue
$39,856,966
Expenses
$113,347,341
Net income
-$73,490,375
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1,824$228$1,597$84.5$121$36.3
2023Detailed filing. Detailed filing data is available for this year.$1,816$159$1,657$39.9$113$73.5
2022Detailed filing. Detailed filing data is available for this year.$1,642$73.2$1,569$108$113$222
2021Detailed filing. Detailed filing data is available for this year.$2,216$90.5$2,126$382$104$278
2020Detailed filing. Detailed filing data is available for this year.$2,212$141$2,070$191$102$89.1
2019Detailed filing. Detailed filing data is available for this year.$1,970$121$1,849$191$103$88.2
2018Detailed filing. Detailed filing data is available for this year.$1,667$103$1,564$169$101$67.8
2017Detailed filing. Detailed filing data is available for this year.$1,795$113$1,682$139$102$37.1
2016Detailed filing. Detailed filing data is available for this year.$1,607$92.3$1,515$134$97.9$35.6
2015Detailed filing. Detailed filing data is available for this year.$1,528$96.7$1,431$133$92.0$41.2
2014Detailed filing. Detailed filing data is available for this year.$1,603$109$1,494$121$90.2$30.8
2013Detailed filing. Detailed filing data is available for this year.$1,463$116$1,347$83.0$34.9$48.1
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,787$472$1,315$37.9
2011Summary only. Only limited summary data is available for this year.$1,272$135$1,137$180$41.2$139
2010Summary only. Only limited summary data is available for this year.$1,099$91.9$1,007$112$39.9$71.8