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.
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 Mutual & Membership Benefit organizations nationwide.
| Position | Total |
|---|---|
Trustee Board Member Median to 75th percentile | $25k $27k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 6 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at NORTHROP GRUMMAN CORPORATION VEBA MASTER TRUST I equaled 0.0% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 83%
from 2023
From $14k in 2023 to $25k in 2024.
Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Board Member pay rose 83% from 2023 to 2024, while revenue rose 2%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
NORTHROP GRUMMAN CORPORATION VEBA MASTER TRUST I reported revenue and expenses across 2 filing years.
What Mutual & Membership Benefit executives earn
Comparable mutual & membership benefit organizations nationwide pay their highest-earning executive a median of $26,876.
These are mutual & membership benefit sector-wide figures, not this organization's reported pay. Based on 1,359 organizations across 1,359 filings (2021 – 2024).
See full Mutual & Membership Benefit compensation data →Common questions about NORTHROP GRUMMAN CORPORATION VEBA MASTER TRUST I
What does the Board Member of NORTHROP GRUMMAN CORPORATION VEBA MASTER TRUST I earn?
In 2024, the Board Member of NORTHROP GRUMMAN CORPORATION VEBA MASTER TRUST I received $25,126 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Mutual & Membership Benefit organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at NORTHROP GRUMMAN CORPORATION VEBA MASTER TRUST I compare with similar nonprofits?
Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2024 pay of the Board Member at NORTHROP GRUMMAN CORPORATION VEBA MASTER TRUST I falls between the median and the 75th percentile. In 2024, the highest total compensation at NORTHROP GRUMMAN CORPORATION VEBA MASTER TRUST I equaled 0.0% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.
What are NORTHROP GRUMMAN CORPORATION VEBA MASTER TRUST I's revenue and expenses?
In 2024, NORTHROP GRUMMAN CORPORATION VEBA MASTER TRUST I reported $1.3B in total revenue and $1.4B in total expenses on its IRS Form 990.
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