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Wells Fargo & Company Employee Benefit Trust

  • Minneapolis, MN
  • Tax-exempt since Feb. 1979
  • EIN: 41-1340042

Organization summary

Type of Nonprofit

Designated as a Voluntary employees' beneficiary associations, which provide payment of life, sickness, accident or other benefits to members.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$2.55B (2023)

Expenses
$2.57B (2023)

Total Assets
$1.78M (2023)

Total Liabilities
$4.33M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,546,117,456
Expenses
$2,568,229,545
Net Income
-$22,112,089
Net Assets
-$2,546,360
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,541,003,077
99.8%
Investment Income $5,114,379
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,778,994
Total Liabilities $4,325,354
Net Assets -$2,546,360
Compensation
Key Employees and Officers Compensation Related Other
Principal Financial Group (Institutional Trustee) $0 $0 $0

Document Links

990
Filed on Nov. 1, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,583,732,474
Expenses
$2,576,947,413
Net Income
$6,785,061
Net Assets
$19,565,729
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,582,397,113
99.9%
Investment Income $1,335,361
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $19,565,729
Total Liabilities $0
Net Assets $19,565,729
Compensation
Key Employees and Officers Compensation Related Other
Principal Financial Group (Institutional Trustee) $0 $0 $0

Document Links

990
Filed on Nov. 10, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,769,870,482
Expenses
$2,767,506,640
Net Income
$2,363,842
Net Assets
$12,780,668
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,769,829,728
100.0%
Investment Income $40,754
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $12,780,668
Total Liabilities $0
Net Assets $12,780,668
Compensation
Key Employees and Officers Compensation Related Other
Wells Fargo Bank Na Institutional T (Trustee) $0 $0 $0

Document Links

990
Filed on Nov. 2, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,613,162,627
Expenses
$2,613,553,350
Net Income
-$390,723
Net Assets
$10,416,826
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,612,737,347
100.0%
Investment Income $425,280
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,416,826
Total Liabilities $0
Net Assets $10,416,826
Compensation
Key Employees and Officers Compensation Related Other
Wells Fargo Bank Na Institutional T (Trustee) $0 $0 $0

Document Links

990
Filed on Nov. 2, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,545,434,137
Expenses
$2,566,152,174
Net Income
-$20,718,037
Net Assets
$10,807,549
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,543,416,632
99.9%
Investment Income $2,017,505
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $10,807,549
Total Liabilities $0
Net Assets $10,807,549
Compensation
Key Employees and Officers Compensation Related Other
Wells Fargo Bank Na Institutional T (Trustee) $0 $0 $0

Document Links

990
Filed on Nov. 6, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,600,769,146
Expenses
$2,605,619,080
Net Income
-$4,849,934
Net Assets
$31,525,586
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,599,430,743
99.9%
Investment Income $1,338,403
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $31,525,586
Total Liabilities $0
Net Assets $31,525,586
Compensation
Key Employees and Officers Compensation Related Other
Wells Fargo Bank Na Institutional T (Trustee) $0 $0 $0

Document Links

990
Filed on Nov. 6, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,527,346,629
Expenses
$2,519,603,794
Net Income
$7,742,835
Net Assets
$36,375,520
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,526,739,271
100.0%
Investment Income $607,358
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $36,375,520
Total Liabilities $0
Net Assets $36,375,520
Compensation
Key Employees and Officers Compensation Related Other
Wells Fargo Bank Na Institutional T (Trustee) $0 $0 $0

Document Links

990
Filed on Nov. 5, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,369,975,582
Expenses
$2,360,214,411
Net Income
$9,761,171
Net Assets
$28,632,685
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,369,734,502
100.0%
Investment Income $241,080
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $28,632,685
Total Liabilities $0
Net Assets $28,632,685
Compensation
Key Employees and Officers Compensation Related Other
Wells Fargo Bank Na Institutional T (Trustee) $0 $0 $0

Document Links

990
Filed on Nov. 8, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,231,072,418
Expenses
$2,216,859,212
Net Income
$14,213,206
Net Assets
$18,871,514
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,231,026,595
100.0%
Investment Income $45,823
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $18,871,514
Total Liabilities $0
Net Assets $18,871,514
Compensation
Key Employees and Officers Compensation Related Other
Wells Fargo Bank Na Institutional T (Trustee) $0 $0 $0

Document Links

990
Filed on Oct. 25, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML
PDF (2 of 2)

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,173,138,206
Expenses
$2,176,853,639
Net Income
-$3,715,433
Net Assets
$4,658,308
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,173,129,583
100.0%
Investment Income $6,871
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,752
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,658,308
Total Liabilities $0
Net Assets $4,658,308
Compensation
Key Employees and Officers Compensation Related Other
Wells Fargo Bank Na Institutional T (Trustee) $0 $0 $0

Document Links

990
Filed on Nov. 13, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,074,079,643
Expenses
$2,073,432,433
Net Income
$647,210
Net Assets
$8,373,741
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,074,054,705
100.0%
Investment Income $24,354
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $584
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $8,373,741
Total Liabilities $0
Net Assets $8,373,741
Compensation
Key Employees and Officers Compensation Related Other
Wells Fargo Bank Na Institutional T (Trustee) $0 $0 $0

Document Links

990
Filed on Oct. 29, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,934,194,023
Expenses
$1,955,811,156
Net Income
-$21,617,133
Net Assets
$7,726,531
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,934,147,462
100.0%
Investment Income $46,549
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $12
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $7,726,531
Total Liabilities $0
Net Assets $7,726,531

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,338,411,280
Expenses
$2,324,828,193
Net Income
$13,583,087
Net Assets
$29,343,664
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,338,324,204
100.0%
Investment Income $87,076
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $29,343,664
Total Liabilities $0
Net Assets $29,343,664

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated