2014-11-17T16:41:37-06:00 2013-12-31 ERNST & YOUNG US LLP 2100 ONE PPG PLACE PITTSBURGH PA 15222 990 2013-01-01 134009945 VEBA HEALTH INSURANCE TRUST FOR NON-UNION EMPLOYEES OF KEYSPAN % THE BANK OF NEW YORK MELLON VEBA 4122367175 C/O THE BNYM PO BOX 535007 Suite PITTSBURGH PA 152535007 PRENT HEINTZELMAN VP - BNYM, AS TRUSTEE 4126447800 2014-11-17 true JANICE K MARTIN P00900299 4126447800 2013 2015-11-30 17:44:51Z THE BANK OF NEW YORK MELLON PO BOX 535007 PITTSBURGH PA 152535007 142178783 false X N/A X 1998 NY PROVISION OF WELFARE BENEFITS 1 0 0 0 1662742 384643 0 0 37114020 51263324 1536789 2808344 8192 57868 38659001 54129536 0 0 31558540 28344023 15752 35380 0 0 0 321118 265198 31895410 28644601 6763591 25484935 121706432 145731840 0 0 121706432 145731840 PROVISION OF WELFARE BENEFITS false false 0 0 0 PROVIDE BENEFITS TO ELIGIBLE MEMBERS 0 0 0 0 false false false false false false false false false false true 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 0 0 0 true true 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 4122367175 PO BOX 535007 PITTSBURGH PA 152535007 X THE BANK OF NEW YORK MELLON TRUSTEE (SEE SCHEDULE O) 0.0 0.0 X 35380 0 0 35380 0 0 0 false false false 0 0 EMPLOYER CONTRIBUTIONS 525100 47799746 47799746 EMPLOYEE CONTRIBUTIONS 525100 3463578 3463578 51263324 1645807 1203470 442337 0 0 0 0 0 89211784 88049247 1162537 1162537 1162537 0 0 0 SECTION 1256 INCOME 900001 63358 63358 PORTFOLIO INCOME 900001 -5490 -5490 57868 54129536 52466794 1662742 0 0 0 28344023 35380 0 0 0 0 0 0 0 29000 0 0 69876 81697 0 0 0 0 0 0 0 0 0 0 0 0 ADMINISTRATION FEES 11710 UBTI TAX EXPENSE 53000 PORTFOLIO DEDUCTIONS 19915 28644601 0 7701974 0 0 0 0 292475 462126 0 0 0 0 0 0 0 0 0 0 0 0 0 121413957 137567740 0 0 0 0 0 0 121706432 145731840 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 121706432 145731840 0 0 0 0 121706432 145731840 121706432 145731840 X 25484935 -1459527 X X false false false LP/JOINT VENTURE INTEREST 6786486 C UNALLOCATED INSURANCE CONTRACT 74678815 C REGISTERED INVESTMENT COMPANY 2486959 C OTHER INVESTMENTS 31991985 C COMMON/COLLECTIVE TRUSTS 21623495 C 137567740 FORM 990 PART VI SECTION A LINES 1A & B THE BANK OF NEW YORK MELLON SERVES AS SOLE DIRECTED TRUSTEE OF THIS TRUST. THE PLAN SPONSOR IS NATIONAL GRID USA SERVICE COMPANY. 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 SECTION B 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 SECTION A & B LINES 8, 12-15 THESE QUESTIONS ARE NOT APPLICABLE TO THIS TRUST. ADDITIONALLY, IT 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 VEBA HEALTH INSURANCE TRUST FOR NON-UNION EMPLOYEES OF KEYSPAN. 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. FORM 990 PART XI LINE 9 THE AMOUNT SHOWN ON LINE 5 REPRESENTS AN ADJUSTMENT FOR THE FOLLLOWING: ($1,408,458) INCOME AND EXPENSES FROM PARTNERSHIPS $540 WASH SALE ADJUSTMENT ($51,609) ACCUMULATED AMORTIZATION OF BOND PREMIUM ON SALE OF TAX EXEMPT BONDS ($1,459,527) Total FORM 990 PART XII LINE 1 MODIFIED CASH BASIS NATIONAL GRID USA SERVICE COMPANY 40 SYLVAN ROAD WALTHAM MA 02451 041663150 ENERGY MA NA C CORP false false false false false false false false false false false false false false false false false false false true