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)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

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 tax deductible.


Heare 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?

The Wells Fargo & Co Employee Benefit Trust was established with the primary objective of extending medical, dental, and vision benefits to eligible employees. The trust's mission revolves around enhancing the overall wellbeing of the employees by catering to their healthcare needs. By offering these essential benefits, the trust aims to contribute significantly to the health and well-being of the Wells Fargo workforce. The exempt purpose of the trust is geared towards providing comprehensive benefits packages to active employees, ensuring they have access to essential healthcare services.

Who is the CEO of Wells Fargo & Co Employee Benefit Trust?

Jeff Roy is the Institutional Trustee of Wells Fargo & Co Employee Benefit Trust.

What is the revenue of Wells Fargo & Co Employee Benefit Trust?

Wells Fargo & Co Employee Benefit Trust's revenue in 2022 was $2,583,732,474.

Who are the executives of Wells Fargo & Co Employee Benefit Trust and what are their salaries?


There is 1 key member and their salary:


Principal Financial Group (Institutional Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Wells Fargo & Co Employee Benefit Trust?

Wells Fargo & Co Employee Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.

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.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Wells Fargo & Co Employee Benefit Trust plays a crucial role in supporting the well-being of employees by providing essential medical, dental, and vision benefits. By ensuring that eligible employees have access to comprehensive healthcare options, the trust contributes to a healthier workforce, which can lead to increased productivity and job satisfaction.

This initiative fosters a sense of security among employees, allowing them to focus on their roles within the company without the stress of inadequate health coverage. The trust’s commitment to employee welfare in the Minneapolis area enhances the overall workplace environment and reflects positively on Wells Fargo’s values and commitment to its employees. By prioritizing health benefits, the trust not only sustains the physical well-being of individuals but also promotes a culture of mutual benefit within the organization.




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.


Financials

This financial information is from Propublica.

Revenue
$2,583,732,474 (2022)
Expenses
$2,576,947,413 (2022)
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

Want to help this charity, for free? You can click here to learn more about Give Freely

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

If you are a representative of Wells Fargo & Co Employee Benefit Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.