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Filing year 2024

Raytheon Welfare Benefits Trust

Farmington, Connecticut·EIN 75-2547072·NTEE Y43 · Mutual & Membership Benefit·501(c)(9)
Total revenue
$64M
Total assets
$3.2M
Total expenses
$64.7M
Reported officers
1
Mission

THE WELFARE BENEFIT PLAN TRUSTS ARE FOR THE EXCLUSIVE BENEFIT OF THE ELIGIBLE EMPLOYEES AND RETIREES, THEIR DEPENDENT & DESIGNATED BENEFICIARY TO COLLECT EMPLOYEE CONTRIBUTIONS & PAY EMPLOYEE BENEFIT (CLAIMS), THE TRUST AGREEMENTS SHALL BE INTERPRETED IN A MANNER CONSISTENT WITH INTENT & WITH INTENTION OF RTX CORPORATION THAT THE TRUST HERE UNDER SATISFIES PROVISIONS OF IRC RELATING TO VEBAS.

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.

Trustee (see Schedule O)
Board Member
25th percentile to median
$14k
$15k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Mutual & Membership Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at Raytheon Welfare Benefits Trust equaled 0.0% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

This organization (2024)
0.0%
Sector median
4%
Middle half of sector
0.9% to 13%

Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 24%
from 2023

From $11k in 2023 to $14k in 2024.

$11k
2023
$14k
2024
In today's dollarsEst.
Up 20% in real terms$13k to $15k

Estimated with BLS CPI-U for the Northeast region, 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 24% from 2023 to 2024, while revenue rose 2%.

$11k in 2023 to $14k 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

Raytheon Welfare Benefits Trust reported revenue and expenses across 2 filing years.

RevenueExpenses
$62.9M
$62.1M
2023
$64M
$64.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Mutual & Membership Benefit executives earn

Comparable mutual & membership benefit organizations nationwide pay their highest-earning executive a median of $26,876.

25th percentile
$5k
Median
$26,876
75th percentile
$87k
90th percentile
$209k

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
FAQ

Common questions about Raytheon Welfare Benefits Trust

What does the Board Member of Raytheon Welfare Benefits Trust earn?

In 2024, the Board Member of Raytheon Welfare Benefits Trust received $14,063 in total compensation. This pay is below the median (the midpoint) for Board Member roles among Mutual & Membership Benefit organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at Raytheon Welfare Benefits Trust compare with similar nonprofits?

Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2024 pay of the Board Member at Raytheon Welfare Benefits Trust falls between the 25th percentile and the median. In 2024, the highest total compensation at Raytheon Welfare Benefits Trust equaled 0.0% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

What are Raytheon Welfare Benefits Trust's revenue and expenses?

In 2024, Raytheon Welfare Benefits Trust reported $64M in total revenue and $64.7M in total expenses on its IRS Form 990.

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