Civic Intelligence

Bae Systems Funded Retiree Benefit Trust

990 • Fiscal year 2023 • EIN 04-6957993

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 11, 2024

Organization ProfileN/A

View Organization Page

2941 Fairview Park Drive Floor 13Falls Church, VA 22042

(571) 461-6000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)9 • $100M-$250M nonprofits • Source year 2023

Liabilities / Revenue

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)9 • $100M-$250M nonprofits • Source year 2023

Net Margin

5th percentile

-95%

Higher net margin than 5% of similar nonprofits.

2023 filings • 501(c)9 • $100M-$250M nonprofits • Source year 2023

Top Officer Pay

55th percentile

$89,300

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2023 filings • 501(c)9 • $100M-$250M nonprofits • Source year 2023

Asset Growth

20th percentile

-1.7%

Faster asset growth than 20% of similar nonprofits.

2023 filings • 501(c)9 • $100M-$250M nonprofits • Annualized from 2022 to 2023

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets19th percentile

Assets

Down

$161,850,365

Down $2,721,446 (-1.7%) from 2022

Net Assets

Down

$161,850,365

Down $2,721,446 (-1.7%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue19th percentileNet Margin5th percentile

Revenue

Up

$6,199,514

Up $18,039,069 (+152%) from 2022

Expenses

Down

$12,097,814

Down $1,424,367 (-11%) from 2022

Net Income

Up

-$5,898,300

Up $19,463,436 (+77%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth20th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300M$200M$100M$0Assets 2010: $146,459,653Liabilities 2010: $0Net Assets 2010: $146,459,6532010Assets 2011: $146,786,120Liabilities 2011: $0Net Assets 2011: $146,786,1202011Assets 2012: $156,851,077Liabilities 2012: $0Net Assets 2012: $156,851,0772012Assets 2013: $183,264,377Liabilities 2013: $0Net Assets 2013: $183,264,3772013Assets 2014: $193,667,368Liabilities 2014: $0Net Assets 2014: $193,667,3682014Assets 2015: $190,103,845Liabilities 2015: $0Net Assets 2015: $190,103,8452015Assets 2016: $188,766,563Liabilities 2016: $0Net Assets 2016: $188,766,5632016Assets 2017: $207,692,665Liabilities 2017: $0Net Assets 2017: $207,692,6652017Assets 2018: $183,096,585Liabilities 2018: $0Net Assets 2018: $183,096,5852018Assets 2019: $214,162,514Liabilities 2019: $0Net Assets 2019: $214,162,5142019Assets 2020: $210,846,397Liabilities 2020: $0Net Assets 2020: $210,846,3972020Assets 2021: $206,400,104Liabilities 2021: $0Net Assets 2021: $206,400,1042021Assets 2022: $164,571,811Liabilities 2022: $0Net Assets 2022: $164,571,8112022Assets 2023: $161,850,365Liabilities 2023: $0Net Assets 2023: $161,850,3652023Assets 2024: $156,711,337Liabilities 2024: $0Net Assets 2024: $156,711,3372024

Highlighted filing

2023

Assets$161,850,365
Liabilities$0
Net Assets$161,850,365
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$40M$20M$0-$20M-$40MRevenue 2010: $36,490,087Expenses 2010: $20,990,859Net Income 2010: $15,499,2282010Revenue 2011: $27,227,254Expenses 2011: $26,900,787Net Income 2011: $326,4672011Revenue 2012: $20,167,883Expenses 2012: $22,143,450Net Income 2012: -$1,975,5672012Revenue 2013: $23,279,675Expenses 2013: $15,352,609Net Income 2013: $7,927,0662013Revenue 2014: $21,887,982Expenses 2014: $13,679,804Net Income 2014: $8,208,1782014Revenue 2015: $24,418,428Expenses 2015: $14,877,319Net Income 2015: $9,541,1092015Revenue 2016: $21,062,277Expenses 2016: $16,430,050Net Income 2016: $4,632,2272016Revenue 2017: $22,886,844Expenses 2017: $13,134,862Net Income 2017: $9,751,9822017Revenue 2018: $15,928,230Expenses 2018: $16,956,124Net Income 2018: -$1,027,8942018Revenue 2019: $15,371,928Expenses 2019: $11,973,626Net Income 2019: $3,398,3022019Revenue 2020: $11,535,118Expenses 2020: $11,634,987Net Income 2020: -$99,8692020Revenue 2021: $16,917,143Expenses 2021: $14,559,462Net Income 2021: $2,357,6812021Revenue 2022: -$11,839,555Expenses 2022: $13,522,181Net Income 2022: -$25,361,7362022Revenue 2023: $6,199,514Expenses 2023: $12,097,814Net Income 2023: -$5,898,3002023Revenue 2024: $7,428,494Expenses 2024: $11,415,240Net Income 2024: -$3,986,7462024

Highlighted filing

2023

Revenue$6,199,514
Expenses$12,097,814
Net Income-$5,898,300
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 11, 2024
Return Version
2023v5.1
Gross Receipts
$74,054,655
Mission and Program Overview

Mission

To fund welfare benefits for retirees pursuant to irc section 501(c)(9).

This organization is a voluntary employees' beneficiary association that funds medical and other welfare benefits for retirees.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$164,571,811$161,850,365▼ $2,721,446
Investments in Publicly Traded Securities$162,388,570$156,615,084▼ $5,773,486
Cash and Non-Interest-Bearing Accounts$2,183,241$5,235,281▲ $3,052,040
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$164,571,811$161,850,365▼ $2,721,446
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$164,571,811$161,850,365▼ $2,721,446
Total Liabilities and Net Assets / Fund Balance$164,571,811$161,850,365▼ $2,721,446
Compensation and Service Providers
Top Officer Pay55th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jp Morgan Chase Bank NaTrusteePT$89,300$89,300

Highest Paid Contractors

ContractorServicesLocationCompensation
Alight Solutions LLCAdministrative SvcsPO BOX 95135, Chicago, IL 60694-5135$264,582
Jpmorgan Chase BankInvestment Mgmt Svcs270 PARK AVENUE, New York, NY 10017$173,296
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$752,542
Investment Income
$5,446,972
Other Revenue
$0
Change in Net Assets
$-5,898,300

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,026,218
Revenue Not Reported on Financial Statements
$173,296
Revenue Not Reported on Form 990
$7,515,038
Total Revenue per Audited Statements
$13,541,256
Total Revenue per Form 990
$6,199,514
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,903,073
Salaries, Compensation, and Employee Benefits$89,300
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$10,105,441--$10,105,441
Fees for Services Other$0$326,015$0$326,015
Other Expenses$0$175,405$0$175,405
Fees for Service Investment Mgmnt Fees-$173,296-$173,296
Fees for Services Accounting-$116,793-$116,793
Current Officers, Directors, Trustees, and Key Employees$0$89,300$0$89,300
Fees for Services Legal-$66,517-$66,517
Office Expenses-$47-$47
Total Functional Expenses$10,105,441$1,992,373$0$12,097,814

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$12,097,814
Expenses per Audited Statements$11,924,518
Total Expenses per Audited Statements$11,924,518
Expenses Not Reported on Financial Statements$173,296
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 8A & 8B

“Because bae systems funded retiree benefit trust is a veba, it does not have a governing body of its own. The governing body of bae systems, inc. Has a committee which relates to its vebas. This committee has the authority to act on behalf of the bae systems, inc. Governing body.”

Form 990, Part VI, Line 11

“Form 990 was prepared and reviewed by an independent accounting firm. The plan sponsor, bae systems' management team with oversight responsibility over the veba, performed a review of form 990 before it was filed with the internal revenue service.”

Form 990, Part VI, Line 19

“The veba does not make its governing documents or internal financial statements available to the public.”

Filing and Contact Details

Filer

Filer Name
Bae Systems Funded Retiree Benefit Trust
EIN
04-6957993
In Care Of
% DOHI SHIN BAE SYSTEMS INC
Phone
5714616000
Address
2941 FAIRVIEW PARK DRIVE FLOOR 13, FALLS CHURCH, VA 22042

Signing Officer

Name
Jodi Coulter
Title
Bae Sys Inc VP/contr
Phone
7033126100
Signed
2024-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jodi Coulter
Formed
1992
Legal Domicile
Ny
Voting Board Members
1
Independent Board Members
1
Employees
0
Volunteers
0

Preparer

Firm
PwC US Tax LLP
Address
2001 MARKET ST SUITE 1800, PHILADELPHIA, PA 19103
Preparer
Sapna Vasu
Phone
2673303000
Supplemental Narrative

Additional Explanations

Collectively Bargained Aggrement

“This veba is established under a collectively bargained plan. Pursuant to the tax reform act of 1986, this fund is generally released from the limitations of irc section 419a and section 512(a)(3)(e). For employees covered under the collective bargaining agreement, the filing veba does not have contributions to the fund that exceed the account limit and is therefore not subject to unrelated business income tax on such earnings. The portion of the veba attributed to any employees not covered by the collective bargaining agreement is subject to unrelated business income tax and is reported accordingly on form 990-t.”

Financial Statement Notes

Form 990, Schedule D, Part XI, Line 2D

“Net increase in 401(h) accounts of $4,338,184.”

Raw XML AppendixShowing 400 of 422 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherExpensesGrp/TotalAmt01045000
IRS990/OtherExpensesGrp/TotalAmt1175405
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0JODI COULTER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0525100
IRS990/ProgramServiceRevenueGrp/BusinessCd1525100
IRS990/ProgramServiceRevenueGrp/Desc0EMPLOYER CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/Desc1PARTICIPANT CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0415251
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1337291
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0415251
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1337291
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt011322704
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-12784906
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02110177
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0945351
IRS990/PYRevenuesLessExpensesAmt0-25361736
IRS990/PYSalariesCompEmpBnftPaidAmt089300
IRS990/PYTotalExpensesAmt013522181
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0-11839555
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-5898300
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0752542
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0164571811
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0161850365
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0173296
IRS990ScheduleD/ExpensesSubtotalAmt011924518
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt0173296
IRS990ScheduleD/InvestmentExpensesNotIncldAmt0173296
IRS990ScheduleD/NetUnrealizedGainsInvstAmt03176854
IRS990ScheduleD/OtherRevenueAmt04338184
IRS990ScheduleD/RevenueNotReportedAmt07515038
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0173296
IRS990ScheduleD/RevenueSubtotalAmt06026218
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0NET INCREASE IN 401(H) ACCOUNTS OF $4,338,184.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, SCHEDULE D, PART XI, LINE 2D
IRS990ScheduleD/TotalExpensesPerForm990Amt012097814
IRS990ScheduleD/TotalRevenuePerForm990Amt06199514
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt013541256
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt011924518
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BECAUSE BAE SYSTEMS FUNDED RETIREE BENEFIT TRUST IS A VEBA, IT DOES NOT HAVE A GOVERNING BODY OF ITS OWN. THE GOVERNING BODY OF BAE SYSTEMS, INC. HAS A COMMITTEE WHICH RELATES TO ITS VEBAS. THIS COMMITTEE HAS THE AUTHORITY TO ACT ON BEHALF OF THE BAE SYSTEMS, INC. GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 WAS PREPARED AND REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM. THE PLAN SPONSOR, BAE SYSTEMS' MANAGEMENT TEAM WITH OVERSIGHT RESPONSIBILITY OVER THE VEBA, PERFORMED A REVIEW OF FORM 990 BEFORE IT WAS FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE VEBA DOES NOT MAKE ITS GOVERNING DOCUMENTS OR INTERNAL FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THIS VEBA IS ESTABLISHED UNDER A COLLECTIVELY BARGAINED PLAN. PURSUANT TO THE TAX REFORM ACT OF 1986, THIS FUND IS GENERALLY RELEASED FROM THE LIMITATIONS OF IRC SECTION 419A AND SECTION 512(A)(3)(E). FOR EMPLOYEES COVERED UNDER THE COLLECTIVE BARGAINING AGREEMENT, THE FILING VEBA DOES NOT HAVE CONTRIBUTIONS TO THE FUND THAT EXCEED THE ACCOUNT LIMIT AND IS THEREFORE NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX ON SUCH EARNINGS. THE PORTION OF THE VEBA ATTRIBUTED TO ANY EMPLOYEES NOT COVERED BY THE COLLECTIVE BARGAINING AGREEMENT IS SUBJECT TO UNRELATED BUSINESS INCOME TAX AND IS REPORTED ACCORDINGLY ON FORM 990-T.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, LINE 8A & 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3COLLECTIVELY BARGAINED AGGREMENT
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0046957993
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0VA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0DEFENSE CONTR
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0BAE SYSTEMS INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt02941 FAIRVIEW PARK DRIVE FLOOR 13
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0FALLS CHURCH
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0VA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd022042
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0415251
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0BOOK
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0BAE SYSTEMS INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0S
IRS990ScheduleR/TransferFromOtherOrgInd0true
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0164571811
IRS990/TotalAssetsEOYAmt0161850365
IRS990/TotalAssetsGrp/BOYAmt0164571811
IRS990/TotalAssetsGrp/EOYAmt0161850365
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01992373
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt010105441
IRS990/TotalFunctionalExpensesGrp/TotalAmt012097814
IRS990/TotalGrossUBIAmt01790451
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0164571811
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0161850365
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt010105441
IRS990/TotalProgramServiceRevenueAmt0752542
IRS990/TotalReportableCompFromOrgAmt089300
IRS990/TotalRevenueGrp/ExclusionAmt03656521
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0752542
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt06199514
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt01790451
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0164571811
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0161850365
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02941 FAIRVIEW PARK DR FL 13
IRS990/USAddress/CityNm0FALLS CHURCH
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd022042
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JODI COULTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BAE SYS INC VP/CONTR
ReturnHeader/BusinessOfficerGrp/PhoneNum07033126100
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BAE SYSTEMS FUNDED RETIREE BENEFIT TRUST

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$161,850,365
Liabilities
$0
Net assets
$161,850,365
Revenue
$6,199,514
Expenses
$12,097,814
Net income
-$5,898,300
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$157$0.00$157$7.43$11.4$3.99
2023Detailed filing. Detailed filing data is available for this year.$162$0.00$162$6.20$12.1$5.90
2022Detailed filing. Detailed filing data is available for this year.$165$0.00$165$11.8$13.5$25.4
2021Detailed filing. Detailed filing data is available for this year.$206$0.00$206$16.9$14.6$2.36
2020Detailed filing. Detailed filing data is available for this year.$211$0.00$211$11.5$11.6$0.10
2019Detailed filing. Detailed filing data is available for this year.$214$0.00$214$15.4$12.0$3.40
2018Detailed filing. Detailed filing data is available for this year.$183$0.00$183$15.9$17.0$1.03
2017Detailed filing. Detailed filing data is available for this year.$208$0.00$208$22.9$13.1$9.75
2016Detailed filing. Detailed filing data is available for this year.$189$0.00$189$21.1$16.4$4.63
2015Summary only. Only limited summary data is available for this year.$190$0.00$190$24.4$14.9$9.54
2014Summary only. Only limited summary data is available for this year.$194$0.00$194$21.9$13.7$8.21
2013Summary only. Only limited summary data is available for this year.$183$0.00$183$23.3$15.4$7.93
2012Summary only. Only limited summary data is available for this year.$157$0.00$157$20.2$22.1$1.98
2011Summary only. Only limited summary data is available for this year.$147$0.00$147$27.2$26.9$0.33
2010Summary only. Only limited summary data is available for this year.$146$0.00$146$36.5$21.0$15.5