NonprofitsLockheed Martin Corporaton Benefit Tr For Collectively Bargained Empl

Lockheed Martin Corporaton Benefit Tr For Collectively Bargained Empl

BETHESDA, MD

Total revenue

$64.4M

Total expenses

$54.5M

Net assets

$713.6M

Grants received

EIN

133507980

Tax year

2024

Mission

The primary exempt purpose of the welfare benefit trust is to provide a source of funding for medical benefit coverage to members who are collectively bargained retired employees.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$9.8M
Investment income$54.6M
Other revenue$63K
Total revenue$64.4M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$329K
Total expenses$54.5M
Total assets$713.8M
Net assets$713.6M

People

1 listed

NameRoleCompensation

BNY MELLON

TRUSTEE

Board

$56K

1 hrs/wk

Independent contractors

PINEBRIDGE INVESTMENTS

INVESTMENT MANAGER

$223K

Details

EIN133507980
Subsection09
Ruling date2003-06
Formed1989
Employees0
Volunteers0
LOCKHEED MARTIN CORPORATON BENEFIT TR FOR COLLECTIVELY BARGAINED EMPL — Mission, Financials & Grants Received | Grantivo