Form 990 for tax year 2024
Filed by WELLS FARGO & COMPANY SHORT TERM DISABILITY PLAN & TRUST.
Totals
- Total revenue
- $122,024,565
- Total expenses
- $130,486,024
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $119,884,879
- Investment income
- $2,096,897
- Other revenue
- $42,789
- Total assets, end of year
- $23,062,016
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $23,062,016
- Program services expenses (Part IX)
- $130,486,024
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- $130,486,024
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: Employer Contributions
total $119,884,879
-
3 · Investment income
total $2,096,897
-
11a · Other revenue: Revenue Share Receipt
total $42,789
-
11e · Other revenue, total
$42,789
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $129,061,820 · program services $129,061,820
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24a · Other expenses: Administrative Expense
total $1,424,204 · program services $1,424,204
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $31,342,688 · end of year $22,939,586
-
4 · Accounts receivable
beginning of year $180,787 · end of year $122,430
-
31 · Retained earnings, endowment or other funds
beginning of year $31,523,475 · end of year $23,062,016
Mission and programs · 2024
Mission
Voluntary Employees Beneficiary Association established to provide short term disability benefits.
-
Provided short term disability benefits for Wells Fargo employees
Expenses $130,486,024 · Revenue $122,024,565
As filed on the 2024 return.
Listed in Part VII
-
Principal Financial Group
Institutional Trustee
- Total calculated
- $0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202503189349310005
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