Mission
The trust was esablished to provide medical benefits for retired employees of Wells Fargo Co.
Public Charity
Wells Fargo & Co Employee Benefit Trust for Retiree
Wells Fargo & Co Employee Benefit Trust for Retiree is a nonprofit organization categorized as Public Charity based in Des Moines, IA. Its most recent IRS filing (2024) reports revenue of $43.3M, expenses of $46.3M, total assets of $279.6M.
EIN: 411713318
Des Moines, IA
Latest filing: 2024
Total Revenue$43.3M
Total Expenses$46.3M
Total Assets$279.6M
Grant Records0
Filing Years2019–2024
Where $100 goes at Wells Fargo & Co Employee Benefit Trust for Retiree
How Wells Fargo & Co Employee Benefit Trust for Retiree divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$98
Programs
the work itself
$2
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 $98 for programs
$98
The exempt purpose is to provide medial benefits to retired employees of Wells Fargo 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.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $43.3M | $46.3M | $279.6M |
| 2023 | $52.6M | $46.8M | $284.4M |
| 2022 | $55.4M | $54.9M | $277.1M |
| 2020 | $50.0M | $57.9M | $302.1M |
| 2019 | $50.5M | $65.0M | $307.6M |
Between 2019 and 2024, reported annual revenue declined from $50.5M to $43.3M (-14%), with total assets most recently reported at $279.6M.
Interactive year-over-year charts and full filing details available with membership.