Overview
What is Wells Fargo & Co Short Term Disability Plan & Trust?
The Wells Fargo & Co Short Term Disability Plan & Trust is a voluntary Employees Beneficiary Association based in Minneapolis, Minnesota, specifically located at 222 South 9th Street STE 1400, ZIP code 55402. This nonprofit organization's primary mission is to offer short-term disability benefits for Wells Fargo employees. Established as an association, its purpose is to provide essential financial support for employees during periods of disability.
Is Wells Fargo & Co Short Term Disability Plan & Trust legitimate?
Wells Fargo & Co Short Term Disability Plan & Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Wells Fargo & Co Short Term Disability Plan & 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
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What is the mission statement of Wells Fargo & Co Short Term Disability Plan & Trust?
The Wells Fargo & Co Short Term Disability Plan & Trust functions as a Voluntary Employees Beneficiary Association, dedicated to offering short-term disability benefits to its members. Its primary objective is to provide financial assistance to Wells Fargo employees who are unable to work due to illness or injury, ensuring they can focus on recovery without the added stress of financial concerns. The organization's activities are geared towards supporting employees during their time of need, offering a safety net during temporary periods of disability. Its mission is to help maintain the financial well-being of its members, enabling them to focus on their health and recovery.
Who is the CEO of Wells Fargo & Co Short Term Disability Plan & Trust?
Jeff Roy is the Institutional Trustee of Wells Fargo & Co Short Term Disability Plan & Trust.
What is the revenue of Wells Fargo & Co Short Term Disability Plan & Trust?
Wells Fargo & Co Short Term Disability Plan & Trust's revenue in 2022 was $161,475,661.
Who are the executives of Wells Fargo & Co Short Term Disability Plan & Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $1,497
Where can I find the form 990 for Wells Fargo & Co Short Term Disability Plan & Trust?
Wells Fargo & Co Short Term Disability Plan & Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Wells Fargo & Co Short Term Disability Plan & Trust
The Wells Fargo & Co Short Term Disability Plan & Trust, a Voluntary Employees Beneficiary Association, is dedicated to providing short-term disability benefits for Wells Fargo employees. In simpler terms, this organization serves as a safety net for Wells Fargo team members, offering financial support during periods of temporary incapacity due to illness or injury.
By establishing this plan, Wells Fargo demonstrates its commitment to the well-being of its employees, ensuring they have access to crucial resources during challenging times. The mission of the Wells Fargo & Co Short Term Disability Plan & Trust is to alleviate the financial burden that can accompany a disability, providing peace of mind and enabling employees to focus on their recovery.
This Voluntary Employees Beneficiary Association plays a vital role in Wells Fargo's overall benefits package, enhancing the company's reputation as a responsible and caring employer. By offering short-term disability benefits, the organization helps to maintain a more stable and productive workforce, enabling employees to bounce back from setbacks and continue contributing to the organization's success.
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Impact
October, 2024
The Wells Fargo & Co Short Term Disability Plan & Trust offers crucial support to employees by providing short-term disability benefits that help ensure financial stability during periods of illness or injury. This plan alleviates the stress of lost income and promotes employee well-being by allowing individuals to focus on recovery without the added burden of financial concerns.
By implementing a Voluntary Employees Beneficiary Association (VEBA), the program serves as a mutual benefit, pooling resources to effectively support employees when they cannot work. This proactive approach to employee welfare not only enhances job satisfaction and loyalty but also contributes positively to workplace morale and productivity.
Located in Minneapolis, MN, the trust addresses the specific needs of Wells Fargo employees, reinforcing the company’s commitment to their health and well-being. Overall, the impact of this plan is significant, providing essential assistance and fostering a supportive work environment.
This information is meant to be a general summary of Wells Fargo & Co Short Term Disability Plan & 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $631,700
- Program Service Revenue: $160,754,242
- Gross Receipts: $161,475,661
Assets and Liabilities:
- Total Assets: $32,696,844
- Total Liabilities: $0
- Net Assets: $32,696,844
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Employer Contributions
Revenue
$160,754,242
Organization Details
Founding Year
2018
Phone
(980) 221-0098Principal Officer
Jeff Roy
Main Address
222 South 9th Street STE 1400, Minneapolis, MN, 55402
NTEE Category
Code: Y43 - Mutual benefit
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