Form 990 for tax year 2024
Filed by PUBLIC SERVICE COMPANY BENEFIT TRUST.
Totals
- Total revenue
- $27,510,088
- Total expenses
- $27,510,088
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $27,510,088
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $0
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $0
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: EMPLOYER CONTRIBUTIONS
total $15,474,571 · related or exempt $15,474,571
-
2b · Program service revenue: EMPLOYEE CONTRIBUTIONS
total $6,922,437 · related or exempt $6,922,437
-
2c · Program service revenue: MISC. REBATES AND REIMBURSEMENTS
total $5,113,080 · related or exempt $5,113,080
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $23,776,428
-
24a · Other expenses: ADMINISTRATIVE FEES
total $3,733,660
Balance sheet
Part X, book values.
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $0 · end of year $0
Mission and programs · 2024
Mission
PROVIDE HEALTH & DENTAL BENEFITS TO EMPLOYEES
-
HEALTH & DENTAL CLAIMS PAID TO ELIGIBLE MEMBERS, THEIR DEPENDENTS AND FAMILY MEMBERS, NET OF ADJUSTMENTS, REFUNDS OF PAYMENTS AND SUBROGATIONS.
As filed on the 2024 return.
Listed in Part VII
-
Public Service CompanyPUBLIC SERVICE COMPANY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
PNM RESOURCES INC
C · UTILITIES · NM
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 5 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202533109349302203
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