Mission
The trust was established to provide employee benefits to eligible employees on Wells Fargo including medical, dental, and vision benefits.
Public Charity
Wells Fargo & Co Employee Benefit Trust
Based in Des Moines, IA, Wells Fargo & Co Employee Benefit Trust operates as a Public Charity. The organization reported $2.7B in revenue, $2.7B in expenses, $14.1M in total assets for fiscal year 2024.
EIN: 411340042
Des Moines, IA
Latest filing: 2024
Total Revenue$2.7B
Total Expenses$2.7B
Total Assets$14.1M
Grant Records0
Filing Years2019–2024
Where $100 goes at Wells Fargo & Co Employee Benefit Trust
How Wells Fargo & Co Employee Benefit Trust divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$95
Programs
the work itself
$5
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $95 for programs
$95
The exempt purpose is to provide medical, dental and vision benefits to active employees of Wells Fargo and Co
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
Institutional Trustee
Principal Financial Group
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $2.7B | $2.7B | $14.1M |
| 2023 | $2.5B | $2.6B | $1.8M |
| 2022 | $2.6B | $2.6B | $19.6M |
| 2020 | $2.6B | $2.6B | $10.4M |
| 2019 | $2.5B | $2.6B | $10.8M |
Between 2019 and 2024, reported annual revenue grew from $2.5B to $2.7B (+5%), with total assets most recently reported at $14.1M.
Interactive year-over-year charts and full filing details available with membership.