#106 of 500 · Member & Benefit Funds

Northrop Grumman Veba Master Trust I

EIN 95-3386394 · MA · NTEE Y20Z · Form 990, fiscal 2023

A voluntary employees' beneficiary association (VEBA) trust organized under IRS section 501(c)(9). It funds and pays health care and life insurance benefits for eligible employees, retirees, and dependents of Northrop Grumman Corporation, processing and paying claims in accordance with the trust agreement. It is a benefit-funding vehicle rather than an operating charity.

Financials, fiscal 2023

Revenue

$1.32B

Expenses

$1.29B

Total assets

$285.0M

Net assets

$285.0M

Operating margin

2.4%

1-year growth

8.4%

5-year growth (CAGR)

4.5%

Reserve (years of spending)

2.6

Contributions share

n/a

Programme spending

99.4%

Fundraising cost

n/a

Executive pay share

0.00%

Employees

n/a

Revenue per employee

n/a

Grants paid

n/a

Years filing

35

NFP Health Score: 66 / 100

Financial 37 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Revenue history