NonprofitsNorthrop Grumman Veba Master Trust I

Mutual & Membership Benefit

Northrop Grumman Veba Master Trust I

QUINCY, MA

Total revenue

$1.3B

Total expenses

$1.4B

Net assets

$248.6M

Grants received

EIN

953386394

Tax year

2024

Mission

The northrop grumman corporation veba master trust i ("veba i") provides health care and life insurance to eligible employees and their dependents as set forth in the northrop grumman corporation veba master trust i.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$1.3B
Investment income$19.1M
Other revenue$47K
Total revenue$1.3B

Expenses

Grants paid
Salaries & benefits$25K
Fundraising
Other expenses$82.1M
Total expenses$1.4B
Total assets$249.5M
Net assets$248.6M

People

7 listed

NameRoleCompensation

STATE STREET BANK

TRUSTEE

Board

$25K

5 hrs/wk

DENNIS NEWBERRY

INVMT COMMITTEE SECRETARY

Board

0.5 hrs/wk

RICHARD BOAK

INVMT COMMITTEE MEMBER

Board

0.5 hrs/wk

ERIC SCHOLTEN

INVMT COMMITTEE CHAIR

Board

0.5 hrs/wk

SUNIL NAVALE

INVMT COMMITTEE MEMBER

Board

0.5 hrs/wk

INGRID VAUGHAN

INVMT COMMITTEE MEMBER

Board

0.5 hrs/wk

JEFF SCHMIDT

INVMT COMMITTEE MEMBER

Board

0.5 hrs/wk

Independent contractors

ANTHEM BLUE CROSS

MEDICAL CLAIMS

$744.7M

CVS CAREMARK

SELF INSURANCE CLAIMS

$285.5M

KAISER FOUNDATION HEALTH PLAN

MEDICAL CLAIMS

$119.7M

METLIFE

SELF INSURANCE CLAIMS

$82.1M

AMERICAN FAMILY LIFE ASSURANCE COMPANY

SELF INSURANCE CLAIMS

$76.6M

Details

EIN953386394
NTEE codeY20Z
Subsection09
Ruling date1988-03
Formed1988
Employees0
Volunteers0
NORTHROP GRUMMAN VEBA MASTER TRUST I — Mission, Financials & Grants Received | Grantivo