Roche Retiree Welfare-benefits Trust
501(c)(9)
Only 58% goes to programs Strong reserves Growing revenue
Roche Retiree Welfare-benefits Trust is a 501(c)(9) organization based in Little Falls, New Jersey, registered in 1993, with $62,130,036 in FY2024 revenue. CharityIndex grades it C+, and it directs about 58% of spending to programs.
150 Clove Rd Ste 8, Little Falls, NJ, 07424 EIN 22-3078723 Since 1993
Revenue (FY2024)
$62.1M
▼ 3.4% vs prior year
Expenses (FY2024)
$62.8M
Net assets
$381.5M
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+
CProgram efficiency40% of the rating58% 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 Roche Retiree Welfare-benefits Trust: 58% to programs earns a C on this criterion. See the exact thresholds →
B+Financial health25% of the rating73 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 Roche Retiree Welfare-benefits Trust: 73 mo reserves · -1% margin earns a B+ on this criterion. See the exact thresholds →
C+Governance25% of the rating3 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 Roche Retiree Welfare-benefits Trust: 3 of 6 checks met earns a C+ 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 Roche Retiree Welfare-benefits Trust: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To pay health and welfare claims and expenses for retirees and dependents
What they do
Retiree life plan - to cover expenses and premiums paid to or for members and spouses
Contact & location
- Address
- 150 Clove Rd Ste 8, Little Falls, NJ, 07424
- City
- Little Falls
- State
- New Jersey
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $22.1M (FY2020) to $62.1M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $381.5M
Operating margin
-1.2%
Spent more than it raised in the latest fiscal year.
Total assets
$381.5M
Total liabilities
$0
Net assets
$381.5M
Salaries & benefits
$0
0% of expenses
Board members
4
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $62,130,036▼3.4% | $62,846,203▲11.1% | $381,508,720▲7.0% | $381,508,721▲7.0% | 990 |
| 2023 | $64,317,927▼9.8% | $56,549,501▲4.4% | $356,477,519▲17.2% | $356,477,519▲17.2% | 990 |
| 2022 | $71,296,992▲150% | $54,142,828▼4.4% | $304,068,597▼19.5% | $304,068,597▼19.5% | 990 |
| 2021 | $28,563,522▲29.3% | $56,615,665▼11.8% | $377,653,392▲1.4% | $377,653,392▲1.4% | 990 |
| 2020 | $22,096,077 | $64,225,212▲25.2% | $372,422,057▲8.3% | $372,422,057▲8.3% | 990 |
| 2011 | — | $51,316,999▲19.9% | $343,733,063▼5.0% | $343,733,063▼5.0% | 990 |
| 2010 | — | $42,786,832 | $361,832,380 | $361,832,380 | 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 (FY2024)
Highest-paid: State Street Bank — $5,075 (0.01% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| State Street Bank | Trustee | 0 | $5,075 |
| Alayne Gatti | Secretary | 0 | — |
Frequently asked questions
- Is Roche Retiree Welfare-benefits Trust a legitimate nonprofit?
- Yes. Roche Retiree Welfare-benefits Trust is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 22-3078723, based in Little Falls, New Jersey.
- What is Roche Retiree Welfare-benefits Trust's EIN?
- Roche Retiree Welfare-benefits Trust's Employer Identification Number (EIN) is 22-3078723.
- How much revenue does Roche Retiree Welfare-benefits Trust report?
- Roche Retiree Welfare-benefits Trust reported $62,130,036 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Roche Retiree Welfare-benefits Trust's spending goes to programs?
- Roche Retiree Welfare-benefits Trust spends about 58% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Roche Retiree Welfare-benefits Trust have?
- CharityIndex grades Roche Retiree Welfare-benefits Trust C+, based on program efficiency and fundraising cost.
- How much does Roche Retiree Welfare-benefits Trust's highest-paid employee make?
- The highest reported compensation on Roche Retiree Welfare-benefits Trust's latest Form 990 is $5,075, paid to State Street Bank (Trustee).
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Data for Roche Retiree Welfare-benefits Trust (EIN 22-3078723) 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.