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Nonprofit · EIN 85-6819623

WAGE PARITY TR

Also known as WELLS FARGO NA TTEE

Tax-exempt · BROOKLYN, NY 11221

Financials

$2M$1.3M2023$2.1M$1.6M2024
Revenue Expenses · by fiscal year end
Financials of WAGE PARITY TR by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,135,345$1,637,184$498,161$2,687,136$899,768$1,787,368
December 31, 2023990$2,044,453$1,308,300$736,153$2,118,389$829,182$1,289,207
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,135,345
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$583,195
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$26,155

Balance sheet and other

Total assets, start of year
$2,118,389
Total assets, end of year
$2,687,136
Total liabilities, end of year
$899,768
Net assets, end of year
$1,787,368
Gross receipts
$2,135,345
Employees
0
Year formed
2020
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
Principal Custody SolutionsTrustee
Institutional trustee
40$0$15,000
Joseph ZimmermanCFO
Officer
5$0$0
Nate DonnerCOO
Officer
5$0$0
Cheskel SpitzerCEO
Officer
5$0$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensationFrom related orgs
Principal Custody SolutionsTrustee
Institutional trustee
40$0$15,000
Joseph ZimmermanCFO
Officer
5$0$0
Nate DonnerCOO
Officer
5$0$0
Cheskel SpitzerCEO
Officer
5$0$0

Address and contacts

Address (IRS master file)
1000 GATES AVE STE 4, BROOKLYN, NY 11221-6296
Principal officer (990 for 2024)
Joseph Zimmerman, 1000 Gates Avenue 4th Floor, Brooklyn, NY 11221
Signed the 990
Joseph Zimmerman, CFO
Phone
(718) 257-0702
Return prepared by
Fasten Halberstam LLP

Mission

The Wage Parity Trust ("Trust") was formed to fund benefits adopted and maintained by the Employer to comply with the Wage Parity Act. The Trust pays medical, dental, vision, prescription drug, life, accidental death & dismemberment, and health reimbursement arrangement benefits to or on behalf of Eligible Employees and their dependents who are covered by the Ultimate Care, Inc. Health and Welfare Plan ("Plan").

990 for the year ended December 31, 2024

Program accomplishments

  • The Wage Parity Trust ("Trust") was formed to fund benefits adopted and maintained by the Employer to comply with the Wage Parity Act. The Trust pays medical, dental, vision, prescription drug, life, accidental death & dismemberment, and health reimbursement arrangement benefits to or on behalf of Eligible Employees and their dependents who are covered by the Ultimate Care, Inc. Health and Welfare Plan ("Plan").
    Expenses $1,636,652 · revenue $2,135,345

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
85-6819623
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Exempt since
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,687,136
Income (IRS master file)
$2,135,345

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,135,345$1,637,184$2,687,136XML
990December 2023$2,044,453$1,308,300$2,118,389XML
990December 2022$2,193,052$2,257,963$931,278IRS
990December 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 85-6819623).

Questions about WAGE PARITY TR

What is the EIN of WAGE PARITY TR?
The employer identification number (EIN) of WAGE PARITY TR is 85-6819623.
Is WAGE PARITY TR tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2022.
Which annual return does WAGE PARITY TR file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of WAGE PARITY TR due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WAGE PARITY TR last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of WAGE PARITY TR?
The 990 for the year ended December 31, 2024 names Joseph Zimmerman.
Who are the officers and directors of WAGE PARITY TR?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does WAGE PARITY TR have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,135,345, expenses of $1,637,184 and total assets of $2,687,136 at year end.

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