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.

EIN:
74-2624710
City:
State:
Metro:
Phone:
703-312-6100
Founded:
1992
Type:
501(c)(9)
NTEE:
Revenue:
$329,096,508
Assets:
$12,861,504
Employees:
0
Fiscal year end:
December
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

Field2018
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

 NameTypeRevenueLocation
1Railroad Employees National Early Retirement Major Medical Benefit Plan501(c)(9)$250 millionArlington, VA
2Group Health Program National Telecommunications Cooperative Association501(c)(9)$333 millionArlington, VA
3Leidos Health and Welfare Benefits Trust501(c)(9)$196 millionReston, VA
4Gpu Companies Health Care Plan for Non- Bargaining Retirees Trust501(c)(9)$121 millionBoston, MA
5Amalgamated Life.501(c)(9)$202 millionWhite Plains, NY
6Cook Group Health Plan Trust501(c)(9)$94 millionBloomington, IN
7Writers Guild-Industry Health Fund501(c)(9)$182 millionBurbank, CA
8United Technologies Corporation Employees Benefit Plan Trust501(c)(9)$667 millionNew York, NY
9Met Life Ins Co & Part Aff VEBA Trust501(c)(9)$100 millionNew York, NY
10American International Group Comprehensive Med Expense BNFT PLN501(c)(9)$280 millionNew York, NY
11Sheet Metal Workers' Health Plan of Southern California Arizona and Nevada501(c)(9)$85 millionManhattan Beach, CA
12United Food & Commercial Workers Unions & Employers Health & Welfare Fund501(c)(9)$87 millionAtlanta, GA
13United Parcel Service Veba Ups Health and Welfare Plan501(c)(9)$797 millionAtlanta, GA
14American Maritime Officers Vacation Plan501(c)(9)$102 millionDania Beach, FL
15Gordon Food Service Employee Benefits Plan501(c)(9)$108 millionGrand Rapids, MI
16Rockwell Collins VEBA501(c)(9)$111 millionPittsburgh, PA
17Danaher Corporation and Subsidiaries Group Health Care Trust501(c)(9)$267 millionOrange Village, OH
18Carpenters Vacationholiday Trust Fund for Northern California501(c)(9)$111 millionOakland, CA
19United Parcel Service Health and Welfare Plan Trust501(c)(9)$228 millionAtlanta, GA
20School District No 1 Health and Welfare Trust Fund501(c)(9)$90 millionPortland, OR
21Duke Energy Corp Welfare Benefits Trust VEBA I501(c)(9)$379 millionPittsburgh, PA
22Operating Engineers Local Union No 3 Vacation Holiday and Sick Pay Trust Fund501(c)(9)$128 millionAlameda, CA
23The Travelers Companies501(c)(9)$398 millionSt Paul, MN
24Northern California General Teamsters Security Fund501(c)(9)$296 millionStockton, CA
25Christian Brothers Employee Benefit Trust501(c)(9)$281 millionRomeoville, IL