#357 of 500 · Civic & Other

Automatic Data Processing Inc And Susidiaries Empl Welfare Bnft Tr

EIN 22-2541018 · NJ · NTEE n/a · Form 990, fiscal 2023

A tax-exempt employee-benefit trust associated with ADP, Inc., based in New Jersey. Organized as a voluntary employees' beneficiary association (VEBA), it holds and administers funds used to pay health, welfare, and related benefits for eligible employees and retirees of ADP and its subsidiaries. It is a funding vehicle rather than a public-facing charitable organization.

Financials, fiscal 2023

Revenue

$429.5M

Expenses

$426.5M

Total assets

$131.3M

Net assets

$131.3M

Operating margin

0.7%

1-year growth

2.1%

5-year growth (CAGR)

4.0%

Reserve (years of spending)

3.7

Contributions share

n/a

Programme spending

98.9%

Fundraising cost

n/a

Executive pay share

0.00%

Employees

n/a

Revenue per employee

n/a

Grants paid

n/a

Years filing

35

NFP Health Score: 68 / 100

Financial 54 · Governance 75 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Revenue history