Wells Fargo & Co Employee Benefit Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 411340042 ✦ Minneapolis, MN ✦ Designated as a 501(c)(9)

Overview

What is Wells Fargo & Co Employee Benefit Trust?

Wells Fargo & Co Employee Benefit Trust is a philanthropic entity based in Minneapolis, Minnesota, with a specific mission to extend medical, dental, and vision benefits to active employees of Wells Fargo and Co. Established with this exempt purpose, the trust ensures eligible employees have access to essential healthcare services. The trust's headquarters, located at 222 South 9th Street STE 1400, contributes significantly to the overall well-being of its workforce, ensuring they can focus on their professional duties while receiving necessary benefits.


Is Wells Fargo & Co Employee Benefit Trust legitimate?

Wells Fargo & Co Employee Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Wells Fargo & Co Employee Benefit Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Wells Fargo & Co Employee Benefit Trust?
Who is the CEO of Wells Fargo & Co Employee Benefit Trust?
What is the revenue of Wells Fargo & Co Employee Benefit Trust?
Who are the executives of Wells Fargo & Co Employee Benefit Trust and what are their salaries?
Where can I find the form 990 for Wells Fargo & Co Employee Benefit Trust?

Mission Statement of Wells Fargo & Co Employee Benefit Trust

The Wells Fargo & Co Employee Benefit Trust is a philanthropic organization with a mission to extend essential benefits to eligible employees of Wells Fargo and Company. In simple terms, it serves as a vital support system, ensuring that active employees of Wells Fargo have access to medical, dental, and vision care.

This trust, established with exempt purpose, is dedicated to improving the overall well-being of its beneficiaries. By providing a comprehensive range of benefits, the organization enhances their ability to maintain good health and overall quality of life. This, in turn, contributes to a more productive and engaged workforce, ultimately benefiting the company as a whole.

By offering medical, dental, and vision benefits, the Wells Fargo & Co Employee Benefit Trust addresses the diverse healthcare needs of its employees. By doing so, it fosters a work environment that prioritizes the well-being of its people, ensuring they have the necessary resources to focus on their professional and personal growth. With this supportive structure in place, employees can face the challenges of their daily lives with confidence and peace of mind.

Impact

This information is meant to be a general summary of Wells Fargo & Co Employee Benefit Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Wells Fargo & Co Employee Benefit Trust's impact lies in providing essential medical, dental, and vision benefits to eligible employees of Wells Fargo and Co. Through this trust, employees are able to access vital healthcare services, ensuring their well-being and supporting their overall quality of life. This initiative reflects Wells Fargo's commitment to supporting its workforce and valuing the health and welfare of its employees.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,335,361
  • Program Service Revenue: $2,582,397,113
  • Gross Receipts: $2,583,732,474

    • Assets and Liabilities:
  • Total Assets: $19,565,729
  • Total Liabilities: $0
  • Net Assets: $19,565,729
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Employer Contribution

    Revenue

    $1,931,456,732

    Employee Contribution

    Revenue

    $650,940,381

    Organization Details

    Founding Year

    1979

    Principal Officer

    Jeff Roy

    Main Address

    222 South 9th Street STE 1400, Minneapolis, MN, 55402

    NTEE Category

    Code: Y30 - Mutual benefit

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