Wells Fargo & Co Employee Benefit Trust For Retiree

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

EIN: 411713318 ✦ Minneapolis, MN ✦ Designated as a 501(c)(9)

Overview

What is Wells Fargo & Co Employee Benefit Trust For Retiree?

The Wells Fargo & Co Employee Benefit Trust for Retirees is a nonprofit organization based in Minneapolis, Minnesota, specifically at 222 South 9th Street STE 1400, ZIP code 55402. Its primary mission is to extend medical benefits to retired employees of Wells Fargo Co. The trust was established for this exempt purpose and focuses on providing essential healthcare services to those who have retired from the company.


Is Wells Fargo & Co Employee Benefit Trust For Retiree legitimate?

Wells Fargo & Co Employee Benefit Trust For Retiree is a legitimate nonprofit organization registered as a 501(c)(9) entity. Wells Fargo & Co Employee Benefit Trust For Retiree 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 For Retiree?
Who is the CEO of Wells Fargo & Co Employee Benefit Trust For Retiree?
What is the revenue of Wells Fargo & Co Employee Benefit Trust For Retiree?
Who are the executives of Wells Fargo & Co Employee Benefit Trust For Retiree and what are their salaries?
Where can I find the form 990 for Wells Fargo & Co Employee Benefit Trust For Retiree?

Mission Statement of Wells Fargo & Co Employee Benefit Trust For Retiree

The Wells Fargo & Co Employee Benefit Trust For Retiree is a charitable trust with a noble mission: to ensure the well-being of retired employees from Wells Fargo Co by providing them with essential medical benefits. In essence, the trust serves as a safety net for these retirees, offering them access to vital healthcare services they may need in their golden years. By focusing on the health and welfare of its beneficiaries, this trust embodies the values of compassion and care.

Established with the clear intention of supporting the retired workforce of Wells Fargo Co, this trust aims to maintain their well-being and improve their quality of life. The exempt purpose of the trust is to grant medical benefits to those who have dedicated their professional lives to Wells Fargo Co. By providing these benefits, the trust not only acknowledges the invaluable contributions of these retirees but also ensures they have the necessary resources to live a healthy and fulfilling post-retirement life.

In summary, the Wells Fargo & Co Employee Benefit Trust For Retiree is a beacon of support for the retired employees of Wells Fargo Co. By offering medical benefits, this trust strives to ease their concerns about healthcare and allow them to focus on enjoying their retirement years. This humanitarian endeavor reflects the trust's commitment to the well-being of its beneficiaries and the importance of recognizing and caring for those who have devoted their careers to a company.

Impact

This information is meant to be a general summary of Wells Fargo & Co Employee Benefit Trust For Retiree. 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 for Retirees has a significant impact by providing medical benefits to retired employees of Wells Fargo Co. This trust plays a crucial role in ensuring that retirees have access to necessary medical care and support, thereby enhancing their quality of life during retirement. Additionally, by offering these benefits, the trust helps to support the overall well-being and financial security of retired Wells Fargo employees, contributing to their peace of mind and overall satisfaction.





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: $922,698
  • Program Service Revenue: $42,049,409
  • Gross Receipts: $55,430,211

    • Assets and Liabilities:
  • Total Assets: $277,132,250
  • Total Liabilities: $0
  • Net Assets: $277,132,250
  • Programs

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

    Employer Contributions

    Revenue

    $1,516,363

    Employee Contributions

    Revenue

    $40,533,046

    Organization Details

    Founding Year

    1991

    Principal Officer

    Jeff Roy

    Main Address

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

    NTEE Category

    Code: Y40 - Mutual benefit

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