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EIN 52-1610424

Lockheed Martin Corporation Benefit Trust - Veba 1

IRS 501(c) type
501(c)(9)
Num. employees
0
City
Bethesda
State
Maryland
Year formed
1988
Most recent tax filings
2022-12-01
NTEE code, primary
Y40: Fraternal Beneficiary Societies and Voluntary Employees Associations
Description
Lockheed Martin Corporation Benefit Trust - Veba 1 serves as a Section 501(c)(9) Veba Trust with the mission of providing funding for medical benefits coverage and paying benefits under two benefit plans. Its primary purpose is to provide non-collectively bargained retired employees and their dependents with medical benefit coverage. The trust is located in Bethesda, MD and provides payment of medical benefits to eligible participants and dependents of Lockheed Martin Corporation.
Also known as...
Lockheed Martin Corporation Benefit Trust Veba I
Total revenues
$8,982,664
2022
Total expenses
$8,141,960
2022
Total assets
$17,090,287
2022
Num. employees
0
2022

Program areas at Lockheed Martin Corporation Benefit Trust - Veba 1

Payment of medical benefits to eligible participants and dependents of Lockheed Martin Corporation.

Personnel at Lockheed Martin Corporation Benefit Trust - Veba 1

NameTitle
Michael J SchafferChief Operating Officer
Edsel GonzalesSenior Vice President

Financials for Lockheed Martin Corporation Benefit Trust - Veba 1

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$10,000,000
Investment income and dividends$62,724
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-1,085,745
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$5,685
Total revenues$8,982,664

Form 990s for Lockheed Martin Corporation Benefit Trust - Veba 1

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-03990View PDF
2021-122022-10-21990View PDF
2020-122021-11-15990View PDF
2019-122022-02-28990OView PDF
2018-122020-06-11990OView PDF
...and 9 more Form 990s
Data update history
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 23, 2024
Updated personnel
Identified 1 new personnel
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 29, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 28, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Fraternal societiesMutual assistance organizations
Issues
No issues found
Characteristics
No full-time employees
General information
Address
6801 Rockledge Dr MP 150
Bethesda, MD 20817
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
Phone
(301) 571-7155
IRS details
EIN
52-1610424
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1988
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
Y40: Fraternal Beneficiary Societies and Voluntary Employees Associations
NAICS code, primary
525120: Health and Welfare Funds
Parent/child status
Independent
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