2025-11-13T11:02:13-06:00 2024-08-01 ERNST & YOUNG US LLP 2100 ONE PPG PLACE PITTSBURGH PA 15222 990 2024-01-01 133751316 Granite State Electric Co Post Ret Bnft Niagra Mohawk Represented Health VEBA % THE BANK OF NEW YORK MELLON GRAN 4122342242 C/O THE BNYM PO BOX 535007 PITTSBURGH PA 152535007 Shelly Paletta SVP, BNYM AS TRUSTEE 4122342242 2025-11-12 true Eileen M Webb P01641852 4126447800 2025-11-12 2024 2025-03-06 01:10:19Z X THE BANK OF NEW YORK MELLON PO BOX 535007 PITTSBURGH PA 152535007 34158509 false X N/A X 1993 NH POST RETIREMENT HEALTH BENEFITS FOR REPRESENTED EMPLOYEES X 1 0 0 0 0 0 0 0 10750033 5120387 27335847 22105639 79255 191002 38165135 27417028 0 0 57867440 36848495 24812 27018 0 0 0 1782235 1115144 59674487 37990657 -21509352 -10573629 1162414827 0 1548512 0 1160866315 0 X POST RETIREMENT HEALTH BENEFITS FOR REPRESENTED EMPLOYEES false true POST RETIREMENT HEALTH BENEFITS FOR REPRESENTED EMPLOYEES false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false true false false true 0 0 0 false false false false false false false false X 1 0 false false false false false false false false false false false true false false false false false false X THE BANK OF NEW YORK MELLON 4122342242 PO BOX 535007 PITTSBURGH PA 152535007 X THE BANK OF NEW YORK MELLON TRUSTEE (SEE SCHEDULE O) 0.0 0.0 X 27018 0 0 27018 0 0 0 false false false Western Asset Management Company 385 E Colorado Blvd PASADENA CA 91101 INVESTMENT MGMT 284388 GMO GAAR STRATEGY 40 ROWES WHARF BOSTON MA 02110 INVESTMENT MGMT 117114 DODGE AND COX 555 CALIFORNIA STREET 40TH FLOOR SAN FRANCISCO CA 94104 INVESTMENT MGMT 253752 Legal and General INVESTMENT MANAGE 71 South Wacker Drive Suite 800 CHICAGO IL 60606 INVESTMENT MGMT 190622 4 0 EMPLOYEE CONTRIBUTIONS 900099 5120387 5120387 5120387 28836991 28836991 0 0 0 0 0 10129 6741481 -6731352 -6731352 -6731352 0 0 0 0 0 0 0 0 0 CONSENT FEE INCOME 900099 157848 157848 SECURITY LENDING INCOME 900099 29905 29905 MISCELLANEOUS INCOME 900099 3249 3249 191002 27417028 5120387 22296641 0 0 0 36848495 27018 0 0 0 0 0 0 23954 11865 0 0 909875 76088 0 0 0 0 0 0 0 0 0 0 0 0 COMMISSION ON FUTURES 11912 SECURITY LENDING FEE 5980 COMMISSION ON SWAPS 169 ADMINISTRATION FEES 75301 37990657 3688997 0 1318926 0 0 0 12175440 0 0 0 0 0 0 0 0 0 0 0 0 0 997470008 0 147761456 0 0 0 0 0 0 0 1162414827 0 1548512 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1548512 0 X 1160866315 0 0 0 0 0 1160866315 0 1162414827 0 X -10573629 -1150292686 X X false false false INVESTMENTS 2024-08-01 1150292686 FMV OF INVESTMENTS 133914183 VEBA TRST FOR UNION EMPL OF KEYSPAN C/O THE BNYM PO BOX 535007 PITTSBURGH PA 152535007 501(C)(9) true false false false true true true true false PART I, LINE 2a The Bank of New York Mellon is the trustee for the successor VEBA trust. FORM 990 PART III LINE 3 Granite State Electric Co Post Ret Benft Niagra Mohawk Represented Health VEBA was dissolved as of August 1, 2024. Assets were transferred to the successor VEBA tRUST. 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 NATIONAL GRID USA SERVICE COMPANY INC. THE TRUST IS ADMINISTERED BY THE INVESTMENT COMMITTEE OF 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 LINE 11B 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 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 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 GRANITE STATE ELECTRIC CO POST RET BNFT NIAGRA MOHAWK REPRESENTED HEALTH VEBA. 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 NATIONAL GRID USA SERVICE COMPANY INC. FORM 990 PART XI, LINE 9 distribution to successor VEBA trust - $ (1,150,292,686) TOTAL - $ (1,150,292,686) FORM 990 PART XII, LINE 1 MODIFIED CASH BASIS NATIONAL GRID USA SERVICE COMPANY INC 40 SYLVAN ROAD WALTHAM MA 02451 041663150 ENERGY MA NA C CORP 0 0 false false false false false false false false false false false false false false false false false false false false