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Filing year 2024

LOCKHEED MARTIN CORP BENEFIT TRUST FOR COLLECTIVELY BARGAINED EMPLOYEES VEBA II

Bethesda, Maryland·EIN 13-3507980·501(c)(9)
Total revenue
$64.4M
Total assets
$713.8M
Total expenses
$54.5M
Reported officers
1
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.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Trustee
Board Member
75th to 90th percentile
$56k
$59k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 111%
from 2023

From $26k in 2023 to $56k in 2024.

$26k
2023
$56k
2024
In today's dollarsEst.
Up 105% in real terms$29k to $59k

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay rose 111% from 2023 to 2024, while revenue fell 25%.

$26k in 2023 to $56k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

LOCKHEED MARTIN CORP BENEFIT TRUST FOR COLLECTIVELY BARGAINED EMPLOYEES VEBA II reported revenue and expenses across 2 filing years.

RevenueExpenses
$85.4M
$57.6M
2023
$64.4M
$54.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about LOCKHEED MARTIN CORP BENEFIT TRUST FOR COLLECTIVELY BARGAINED EMPLOYEES VEBA II

What does the Board Member of LOCKHEED MARTIN CORP BENEFIT TRUST FOR COLLECTIVELY BARGAINED EMPLOYEES VEBA II earn?

In 2024, the Board Member of LOCKHEED MARTIN CORP BENEFIT TRUST FOR COLLECTIVELY BARGAINED EMPLOYEES VEBA II received $55,572 in total compensation. This pay is in the top quarter for Board Member roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at LOCKHEED MARTIN CORP BENEFIT TRUST FOR COLLECTIVELY BARGAINED EMPLOYEES VEBA II compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Board Member at LOCKHEED MARTIN CORP BENEFIT TRUST FOR COLLECTIVELY BARGAINED EMPLOYEES VEBA II falls between the 75th and 90th percentiles.

What are LOCKHEED MARTIN CORP BENEFIT TRUST FOR COLLECTIVELY BARGAINED EMPLOYEES VEBA II's revenue and expenses?

In 2024, LOCKHEED MARTIN CORP BENEFIT TRUST FOR COLLECTIVELY BARGAINED EMPLOYEES VEBA II reported $64.4M in total revenue and $54.5M in total expenses on its IRS Form 990.

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