Cause IQ organization profile

Bae Systems North America Welfare Benefit Trust

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

Bae Systems North America Welfare Benefit Trust is a fraternal society based in Arlington, VA that was founded in 1992. As of 2019 they had $329 million in revenue and $12 million in assets.

The organization is voluntary employees beneficiary association that provides for medical, disability & other benefits. Approximately 50,000 participants were subject to benefits.

Previous legal names or variations of their name include: Bae Systems Welfare Benefit Trust.

Fiscal year end:
Revenue trends:
Asset trends:

Program areas at Bae Systems North America Welfare Benefit Trust

The exempt purpose of the trust is to fund the payment of health and welfare benefits. The aggregate expense amount was primarily for the payment of health and welfare benefits, with the remainder being payment of administrative expenses related to the trust's exempt purpose. The revenue received by the trust was primarily employer and participant contributions, with the remainder being investment income, rebates, and refunds from insurance carriers, and transfers from other trusts to fund plan liabilities transferred to this trust.

Form 990s for Bae Systems North America Welfare Benefit Trust

Fiscal year endingDate received by IRSFormPDF link
2018-12Jan 15, 2020990View PDF
2017-12Feb 21, 2019990View PDF
2016-12Jan 18, 2018990View PDF
2015-12Dec 22, 2016990OView PDF
2014-12Dec 16, 2015990OView PDF
...and five more Form 990 PDFs

Financials for Bae Systems North America Welfare Benefit Trust

Total grants, contributions, etc.$0
Program services$310,202,289
Investment income and dividends$358,807
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$18,535,412
Total revenues$329,096,508

Vendors for Bae Systems North America Welfare Benefit Trust

VendorServicesAmount paidDate
Pricewaterhousecoopers LLPTax accounting2018-11-13
██████ █████████ ███Actuarial Administration Services$2,202,4232017-12-01
███ ██████████ ███Actuarial Services$1,123,4052017-12-01
███████████ ███Administrative$128,3132017-12-01
█████ ███ █████ █████████Legal Services$327,6352017-12-01
█████████ ████ ███Wellness Program$279,9132017-12-01

Personnel at Bae Systems North America Welfare Benefit Trust

NameTitleCompensationMost recent data
D Scott HowatChairman Administration CMT-Feb. 8, 2019

Peer fraternal organizations

1Leidos Health and Welfare Benefits Trust501(c)(9)$196 millionReston, VA
2Group Health Program National Telecommunications Cooperative Association501(c)(9)$320 millionArlington, VA
3Railroad Employees National Early Retirement Major Medical Benefit Plan501(c)(9)$250 millionArlington, VA
4Joint Board of Trustees Southwest Carpenters Health and Welfare Trust501(c)(9)$396 millionLos Angeles, CA
5Operating Engineers Health and Welfare Fund501(c)(9)$252 millionPasadena, CA
6Locals 302 and 612 International Union of Op Eng Const Ind Health and Security Plan501(c)(9)$147 millionSeattle, WA
7Prudential Welfare Benefits Trust501(c)(9)$256 millionNewark, NJ
8Chicago District Council of Carpenters Welfare Fund501(c)(9)$293 millionChicago, IL
9Operating Engineers Union 3 Pensioned Health and Welfare Fund501(c)(9)$131 millionAlameda, CA
10Bed Bath and Beyond Employee Health Plan501(c)(9)$160 millionUnion, NJ
11California Schools Vol Emp Ben Association501(c)(9)$815 millionSan Diego, CA
12VEBA Trust for Public Employees in the State of WA501(c)(9)$82 millionSpokane, WA
13Wyoming Educators' Benefit Trust501(c)(9)$107 millionCheyenne, WY
14Asea AFSCME Local 52 Health Benefits Trust501(c)(9)$163 millionSpokane, WA
15Business Health Trust501(c)(9)$90 millionMukilteo, WA
16Alads Insurance Trust501(c)(9)$124 millionChatsworth, CA
17Intel Corporation Health and Welfare Benefits Trust501(c)(9)$641 millionSanta Clara, CA
18Life and Health Benefits Plan of the American Red Cross501(c)(9)$214 millionWashington, DC
19Laborers Health and Welfare Trust Fund for Northern California501(c)(9)$380 millionFairfield, CA
20Carrier - Ila Container Royalty Fund501(c)(9)$164 millionLyndhurst, NJ
21Deseret Healthcare Employee Benefits Trust501(c)(9)$408 millionSalt Lake Cty, UT
22Petco Animal Supplies Stores Group Benefit Plan and Trust501(c)(9)$109 millionSan Diego, CA
23International Union of Operating Engineers & Pipeline H&W Fund501(c)(9)$93 millionColumbia, MD
24Employee Benefit Trust of Bank of501(c)(9)$137 millionPittsburgh, PA
25Harrison Electrical Workers Trust501(c)(9)$138 millionPortland, OR

Curious how Cause IQ can help you grow, maintain, and serve your nonprofit clients?
Get a demo