Public Charity

LOCKHEED MARTIN CORP BENEFIT TRUST FOR COLLECTIVELY BARGAINED EMPLOYEES VEBA II

Based in BETHESDA, MD, LOCKHEED MARTIN CORP BENEFIT TRUST FOR COLLECTIVELY BARGAINED EMPLOYEES VEBA II operates as a Public Charity. The organization reported $64.4M in revenue, $54.5M in expenses, $713.8M in total assets for fiscal year 2024.

EIN: 133507980 BETHESDA, MD Latest filing: 2024
Total Revenue$64.4M
Total Expenses$54.5M
Total Assets$713.8M
Grant Records0
Filing Years2020–2024

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 AND THEIR COVERED DEPENDENTS.

Financial Trends

Year Revenue Expenses Assets
2024 $64.4M $54.5M $713.8M
2023 $85.4M $57.6M $688.9M
2022 $-76.1M $59.4M $622.8M
2020 $43.7M $62.5M $779.8M

Between 2020 and 2024, reported annual revenue grew from $43.7M to $64.4M (+48%), with total assets most recently reported at $713.8M.

Interactive year-over-year charts and full filing details available with membership.

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