Automatic Data Processing Inc and Susidiaries Empl Welfare Bnft Tr
501(c)(9)
96% goes to programs
Automatic Data Processing Inc and Susidiaries Empl Welfare Bnft Tr is a 501(c)(9) organization based in Roseland, New Jersey, registered in 1988, with $451,861,851 in FY2023 revenue. CharityIndex grades it C, and it directs about 96% of spending to programs.
One Adp Boulevard Ms 433, Roseland, NJ, 07068 EIN 22-2541018 Since 1988
Revenue (FY2023)
$451.9M
▲ 5.2% vs prior year
Expenses (FY2023)
$446.9M
Net assets
$136.3M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →A+Program efficiency40% of the rating96% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Automatic Data Processing Inc and Susidiaries Empl Welfare Bnft Tr: 96% to programs earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating4 mo reserves · +1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Automatic Data Processing Inc and Susidiaries Empl Welfare Bnft Tr: 4 mo reserves · +1% margin earns a A on this criterion. See the exact thresholds →
FGovernance25% of the rating0 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Automatic Data Processing Inc and Susidiaries Empl Welfare Bnft Tr: 0 of 6 checks met earns a F on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Automatic Data Processing Inc and Susidiaries Empl Welfare Bnft Tr: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To provide benefits to eligible participants of the automatic data processing, inc. employee welfare benefit trust.
What they do
Payment of health savings account contributions for eligible employees covered under the automatic data processing, inc. employee welfare benefit trust.
Payment of long term disability benefits for eligible employees covered under the automatic data processing, inc employee welfare benefit trust.
Payment of life and ad&d insurance premiums for eligible employees covered under the automatic data processing, inc employee welfare benefit trust.
Contact & location
- Address
- One Adp Boulevard Ms 433, Roseland, NJ, 07068
- City
- Roseland
- State
- New Jersey
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $371.5M (FY2013) to $451.9M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $136.3M
Operating margin
1.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$136.3M
Total liabilities
$0
Net assets
$136.3M
Salaries & benefits
$0
0% of expenses
Board members
3
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $451,861,851▲5.2% | $446,915,386▲4.8% | $136,275,223▲3.8% | $136,275,223▲3.8% | 990 |
| 2022 | $429,547,335▲2.1% | $426,478,321▲5.9% | $131,328,758▲2.4% | $131,328,758▲2.4% | 990 |
| 2021 | $420,855,808▲4.6% | $402,543,718▲10.7% | $128,259,744▲16.7% | $128,259,744▲16.7% | 990 |
| 2020 | $402,369,249▲7.0% | $363,478,503▼0.6% | $109,947,654▲54.7% | $109,947,654▲54.7% | 990 |
| 2019 | $376,092,346▲2.6% | $365,834,726▲0.6% | $71,056,908▲16.9% | $71,056,908▲16.9% | 990 |
| 2018 | $366,569,024▼4.7% | $363,503,585▼4.4% | $60,799,288▲5.3% | $60,799,288▲5.3% | 990 |
| 2017 | $384,662,027▲4.8% | $380,165,523▲5.3% | $57,733,849▲8.4% | $57,733,849▲8.4% | 990 |
| 2016 | $367,130,177▲8.9% | $360,891,816▲7.1% | $53,237,344▲13.3% | $53,237,344▲13.3% | 990 |
| 2015 | $337,051,228▼1.7% | $337,043,144▼2.6% | $46,998,983 | $46,998,983 | 990 |
| 2014 | $343,000,231▼7.7% | $346,080,908▼6.1% | $46,990,899▼6.2% | $46,990,899▼6.2% | 990 |
| 2013 | $371,548,847 | $368,438,624▲8.5% | $50,071,576▲6.6% | $50,071,576▲6.6% | 990 |
| 2012 | — | $339,530,353▲8.3% | $46,961,353▼3.5% | $46,961,353▼3.5% | 990 |
| 2011 | — | $313,400,428 | $48,661,689 | $48,661,689 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Michael Bonarti | Trustee | 2 | — |
| Paul Boland | Trustee | 2 | — |
| Peter Hadley | Trustee | 2 | — |
Frequently asked questions
- Is Automatic Data Processing Inc and Susidiaries Empl Welfare Bnft Tr a legitimate nonprofit?
- Yes. Automatic Data Processing Inc and Susidiaries Empl Welfare Bnft Tr is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 22-2541018, based in Roseland, New Jersey.
- What is Automatic Data Processing Inc and Susidiaries Empl Welfare Bnft Tr's EIN?
- Automatic Data Processing Inc and Susidiaries Empl Welfare Bnft Tr's Employer Identification Number (EIN) is 22-2541018.
- How much revenue does Automatic Data Processing Inc and Susidiaries Empl Welfare Bnft Tr report?
- Automatic Data Processing Inc and Susidiaries Empl Welfare Bnft Tr reported $451,861,851 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Automatic Data Processing Inc and Susidiaries Empl Welfare Bnft Tr's spending goes to programs?
- Automatic Data Processing Inc and Susidiaries Empl Welfare Bnft Tr spends about 96% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Automatic Data Processing Inc and Susidiaries Empl Welfare Bnft Tr have?
- CharityIndex grades Automatic Data Processing Inc and Susidiaries Empl Welfare Bnft Tr C, based on program efficiency and fundraising cost.
- How much does Automatic Data Processing Inc and Susidiaries Empl Welfare Bnft Tr's highest-paid employee make?
- The highest reported compensation on Automatic Data Processing Inc and Susidiaries Empl Welfare Bnft Tr's latest Form 990 is $0, paid to Michael Bonarti (Trustee).
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Data for Automatic Data Processing Inc and Susidiaries Empl Welfare Bnft Tr (EIN 22-2541018) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.