Nonprofit · EIN 04-6957993
BAE SYSTEMS FUNDED RETIREE WELFARE BENEFIT TR
Tax-exempt · FALLS CHURCH, VA 22042
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $7,428,494 | $11,415,240 | -$3,986,746 | $156,711,337 | $0 | $156,711,337 |
| December 31, 2023 | 990 | $6,199,514 | $12,097,814 | -$5,898,300 | $161,850,365 | $0 | $161,850,365 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $669,804
- Investment income
- $6,132,521
- Net gain from sales of assets
- $75,398
- Other revenue
- $626,169
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $9,777,866
- Compensation of officers, directors and key employees
- $89,300
- Salaries, compensation and benefits (total)
- $89,300
- Professional fundraising fees
- $0
- Legal fees
- $108,756
- Accounting fees
- $121,750
- Program services (functional)
- $9,777,866
- Management and general (functional)
- $1,637,374
Balance sheet and other
- Total assets, start of year
- $161,850,365
- Total assets, end of year
- $156,711,337
- Total liabilities, end of year
- $0
- Net assets, end of year
- $156,711,337
- Publicly traded securities
- $154,409,907
- Gross unrelated business income
- $2,039,689
- Gross receipts
- $18,974,143
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1992
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JP MORGAN CHASE BANK NA | TRUSTEE Institutional trustee | 5 | $89,300 |
990 for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JP MORGAN CHASE BANK NA | TRUSTEE Institutional trustee | 5 | $89,300 |
Address and contacts
- Address (IRS master file)
- 2941 FAIRVIEW PARK DRIVE FLOOR 13, FALLS CHURCH, VA 22042-4522
- In care of
- % DOHI SHIN BAE SYSTEMS INC
- Principal officer (990 for 2024)
- JODI COULTER, 2941 FAIRVIEW PARK DR FL 13, FALLS CHURCH, VA 22042
- Signed the 990
- JODI COULTER, BAE SYS INC VP/CONTR
- Phone
- (571) 461-6000
- Return prepared by
- PwC US Tax LLP
Mission
TO FUND WELFARE BENEFITS FOR RETIREES PURSUANT TO IRC SECTION 501(C)(9).
Program accomplishments
- THE TRUST PREFUNDS WELFARE BENEFITS FOR RETIREES OF THE SPONSOR OF THE TRUST AND VARIOUS AFFILIATED ENTITIES. THE EXPENSES WERE INCURRED TO PAY BENEFITS TO THE RETIREES PURSUANT TO THE UNDERLYING BENEFIT PLAN, AND TO PAY ADMINISTRATIVE EXPENSES AND TAXES OWED. THE REVENUE AMOUNT RELATES TO PARTICIPANT AND EMPLOYER CONTRIBUTIONS TO FUND THE BENEFITS, INVESTMENT INCOME, MEDICARE REIMBURSEMENTS, AND UNRELATED BUSINESS INCOME TAX REFUNDS.Expenses $9,777,866 · revenue $669,804
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 04-6957993
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 2003
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mutual and membership benefit (Y43)
- Assets (IRS master file)
- $156,711,337
- Income (IRS master file)
- $18,974,143
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $7,428,494 | $11,415,240 | $156,711,337 | IRS |
| 990 | December 2023 | $6,199,514 | $12,097,814 | $161,850,365 | XML |
| 990 | December 2022 | -$11,839,555 | $13,522,181 | $164,571,811 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-6957993).
Questions about BAE SYSTEMS FUNDED RETIREE WELFARE BENEFIT TR
- What is the EIN of BAE SYSTEMS FUNDED RETIREE WELFARE BENEFIT TR?
- The employer identification number (EIN) of BAE SYSTEMS FUNDED RETIREE WELFARE BENEFIT TR is 04-6957993.
- Is BAE SYSTEMS FUNDED RETIREE WELFARE BENEFIT TR tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2003.
- Are donations to BAE SYSTEMS FUNDED RETIREE WELFARE BENEFIT TR tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does BAE SYSTEMS FUNDED RETIREE WELFARE BENEFIT TR file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BAE SYSTEMS FUNDED RETIREE WELFARE BENEFIT TR due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BAE SYSTEMS FUNDED RETIREE WELFARE BENEFIT TR last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of BAE SYSTEMS FUNDED RETIREE WELFARE BENEFIT TR?
- The 990 for the year ended December 31, 2024 names JODI COULTER.
- Who are the officers and directors of BAE SYSTEMS FUNDED RETIREE WELFARE BENEFIT TR?
- The 990 for the year ended December 31, 2024 lists 1 person; 1 received compensation from the organization, the highest $89,300 (JP MORGAN CHASE BANK NA, TRUSTEE).
- How much revenue does BAE SYSTEMS FUNDED RETIREE WELFARE BENEFIT TR have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $7,428,494, expenses of $11,415,240 and total assets of $156,711,337 at year end.
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