Raytheon Welfare Benefits Trust

Organization Overview

Raytheon Welfare Benefits Trust is located in Farmington, CT. The organization was established in 1997. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Raytheon Welfare Benefits Trust is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 12/2021, Raytheon Welfare Benefits Trust generated $52.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $59.9m during the year ending 12/2021. While expenses have increased by 4.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE EXCLUSIVE BENEFITS TO ELIGIBLE EMPLOYEES OF THE EMPLOYER, THEIR ELIGIBLE DEPENDENTS AND DESIGNATED BENEFICIARIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVISION OF EXCLUSIVE BENEFITS TO ELIGIBLE EMPLOYEES OF THE EMPLOYER, THEIR ELIGIBLE DEPENDENTS AND DESIGNATED BENEFICIARIES.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$51,713,733
Investment income $381
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $52,050,267

Create an account to unlock the data you need.

or