Mission
THE PRIMARY PURPOSE OF VEBA I ("VEBA I") IS TO PROVIDE HEALTH CARE AND LIFE INSURANCE BENEFITS TO ELIGIBLE EMPLOYEES AND THEIR DEPENDENTS AS SET FORTH IN THE NORTHROP GRUMMAN CORPORATION VEBA MASTER TRUST I.
Public Charity
NORTHROP GRUMMAN CORPORATION VEBA MASTER TRUST I
Based in QUINCY, MA, NORTHROP GRUMMAN CORPORATION VEBA MASTER TRUST I operates as a Public Charity. The organization reported $1.3B in revenue, $1.4B in expenses, $249.5M in total assets for fiscal year 2024.
EIN: 953386394
QUINCY, MA
Insurance Providers
NTEE: Y20
Latest filing: 2024
Total Revenue$1.3B
Total Expenses$1.4B
Total Assets$249.5M
Grant Records0
Filing Years2019–2024
Officers & Directors
INVMT COMMITTEE SECRETARY
Dennis Newberry
INVMT COMMITTEE CHAIR
Eric Scholten
INVMT COMMITTEE MEMBER
Ingrid Vaughan
INVMT COMMITTEE MEMBER
Jeff Schmidt
INVMT COMMITTEE MEMBER
Richard Boak
INVMT COMMITTEE MEMBER
Sunil Navale
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $1.3B | $1.4B | $249.5M |
| 2023 | $1.3B | $1.3B | $285.0M |
| 2022 | $1.2B | $1.2B | $251.3M |
| 2020 | $1.1B | $1.1B | $238.7M |
| 2019 | $1.1B | $1.1B | $230.0M |
Between 2019 and 2024, reported annual revenue grew from $1.1B to $1.3B (+21%), with total assets most recently reported at $249.5M.
Interactive year-over-year charts and full filing details available with membership.