Liabilities / Assets
20th percentile
Tied with the lowest-debt nonprofits in its peer group.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
21st percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
3rd percentile
Higher net margin than 3% of similar nonprofits.
Top Officer Pay
34th percentile
Higher top officer pay than 34% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
23rd percentile
Faster asset growth than 23% of similar nonprofits.
Revenue Growth
8th percentile
Faster revenue growth than 8% of similar nonprofits.
Balance Sheet
Assets
Up$372,422,057
Up $9,413,179 (+2.6%) from 2019
Net Assets
Up$372,422,057
Up $9,413,179 (+2.6%) from 2019
Liabilities
Flat$0
Flat from 2019
Revenue And Expenses
Revenue
Down$22,096,077
Down $10,735,453 (-33%) from 2019
Expenses
Up$64,225,212
Up $13,473,284 (+27%) from 2019
Net Income
Down-$42,129,135
Down $24,208,737 (-135%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- May 13, 2021
- Return Version
- 2020v4.1
- Gross Receipts
- $22,096,077
Mission and Program Overview
Mission
To pay health and welfare claims and expenses for retirees and dependents
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $363,268,140 | $372,781,265 | ▲ $9,513,125 |
| Cap Stk Tr Prin Current Funds | $363,008,878 | $372,422,057 | ▲ $9,413,179 |
| Cash and Non-Interest-Bearing Accounts | $0 | $0 | → $0 |
| Accounts Receivable | $0 | $0 | → $0 |
| Other Notes and Loans Receivable, Net | $0 | $0 | → $0 |
| Pledges and Grants Receivable | $0 | $0 | → $0 |
| Receivable From Disqualified Prsn | $0 | $0 | → $0 |
| Receivables From Officers Etc | $0 | $0 | → $0 |
| Investments Other Securities | $0 | $0 | → $0 |
| Investments Program Related | $0 | $0 | → $0 |
| Land, Buildings, and Equipment, Net | $0 | $0 | → $0 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Rtn Earn Endowment Incm Other Fnds | $0 | $0 | → $0 |
| Intangible Assets | $0 | $0 | → $0 |
| Inventories for Sale or Use | $0 | $0 | → $0 |
| Loans From Officers Directors | $0 | $0 | → $0 |
| Prepaid Expenses and Deferred Charges | $0 | $0 | → $0 |
| Savings and Temporary Cash Investments | $-259,262 | $-359,208 | ▼ $99,946 |
| Total Assets | $363,008,878 | $372,422,057 | ▲ $9,413,179 |
| Other Assets Total | $0 | $0 | → $0 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $0 | $0 | → $0 |
| Grants Payable | $0 | $0 | → $0 |
| Mortgage Notes Payable Secured by Investment Property | $0 | $0 | → $0 |
| Unsecured Notes Loans Payable | $0 | $0 | → $0 |
| Other Liabilities | $0 | $0 | → $0 |
| Deferred Revenue | $0 | $0 | → $0 |
| Escrow Account Liability | $0 | $0 | → $0 |
| Tax Exempt Bond Liabilities | $0 | $0 | → $0 |
| Total Liabilities | $0 | $0 | → $0 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $363,008,878 | $372,422,057 | ▲ $9,413,179 |
| Total Liabilities and Net Assets / Fund Balance | $363,008,878 | $372,422,057 | ▲ $9,413,179 |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| David McDede | Secretary |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $22,096,077
- Investment Income
- $0
- Other Revenue
- $0
- Change in Net Assets
- $-42,129,135
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $33,685,350 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Benefits to Members | $30,539,862 | - | - | $30,539,862 |
| Fees for Services Management | - | $1,240,563 | - | $1,240,563 |
| Other Expenses | - | $107,694 | - | $107,694 |
| Fees for Services Accounting | - | $74,074 | - | $74,074 |
| All Other Expenses | - | $5,250 | - | $5,250 |
| Total Functional Expenses | $30,539,862 | $33,685,350 | $0 | $64,225,212 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $0 |
| Fundraising Gross Income | $0 |
| Gaming Direct Expenses | $0 |
| Gaming Gross Income | $0 |
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
Insider Transactions and Loans
Loans and Receivables
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
| Receivables from Disqualified Persons | $0 | $0 | → $0 |
| Receivables from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Business relationship with 35% controlled entity
- No
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- No
- Other officer compensation reviewed
- No
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- No
- Management duties delegated
- No
Governance Explanations
Governing Body Review (Part VI, Line 11)
“Governing Body: Part VI - Section B - Line 11B The Form 990 was prepared by the staff and reviewed by the Secretary of the governance Committee”
Conflict of Interest policy compliance (Part VI, line 12C)
“Compliance: Part VI - Section B - Line 12C Annually, the staff must certify that they have not participated in or are aware of activities that would cause conflicts of interests.”
Other officer or key employee compensation (Part VI, Line 15B)
“Compensation: Part VI - Line 15 A-B None of the organizations top management receives compensation for work with the trust.”
Governing documents, etc, available to public (Part VI, line 19)
“Disclosure: Part VI - Section C - Line 18 The organization's governing documents, conflict of interest policy and financials statements are not available to the public.”
Response or note to any other line in Part VII
“Compensation of officers, Directors, Trustees, Key Employees, Highest Compensated Employees and Independent Contractors Part VII Section A, Line 1: this represents the fees paid to the trustee through the trust for the plan year Line 1A - None of the organization's top management receives compensation for work with the trust”
Response or note to any other line in Part VII
“Response or note to any line in Part XIII Line 3, 4 - the trust is not required to be audited, the plans within the trust are”
Filing and Contact Details
Filer
- Filer Name
- Roche Retiree Welfare Benefit Trust
- EIN
- 22-3078723
- In Care Of
- % STATE STREET CORP
- Phone
- 6502251000
- Address
- 150 Clove Road Suite, Little Falls, NJ 07424
Signing Officer
- Name
- David McDede
- Title
- VP Treasurer
- Phone
- 9738902254
- Signed
- 2021-05-13
Organization Details
- Principal Officer
- David McDede
- Formed
- 1990
- Legal Domicile
- Nj
- Voting Board Members
- 4
- Independent Board Members
- 0
- Employees
- 0
- Volunteers
- 0
Supplemental Narrative
Additional Explanations
Other or change in accounting method (Part XII, line 1)
“Financial Statements and Reporting: Part XII Line 1 - the form 990 is prepared using the cash basis accounting method and all figures are confirmed with the trustee.”
Balance Sheet (Part X)
“Balance Sheet: Part X Line 2 contains the cash position held in the trust Line 11 contains the assets held in the trust with Prudential”
Reconciliation of Net Assets (Part XI - Line 5)
“Reconciliation of Net Assets Part XI - Line 5 Net unrealized gains an losses came from the trustee statements”
Raw XML Appendix350 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 0 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 0 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | To pay health and welfare claims and expenses for retirees and dependents |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 0 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 5250 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 5250 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/BenefitsToMembersGrp/ProgramServicesAmt | 0 | 30539862 |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 30539862 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | STATE STREET CORP |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6175370774 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1200 CROWN COLONY DRIVE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Quincy |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 02169 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 363008878 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 372422057 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 0 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 0 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 30539862 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 33685350 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 22096077 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -42129135 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 64225212 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 22096077 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 0 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 0 |
| IRS990/Desc | 0 | Roche Post Employment Healthcare Plan - to cover expenses and claims paid to or for members and spouses for Medical, Prescription and Dental benefits |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EscrowAccountLiabilityGrp/BOYAmt | 0 | 0 |
| IRS990/EscrowAccountLiabilityGrp/EOYAmt | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 29890837 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 74074 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 74074 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 1240563 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 1240563 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | David McDede |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Secretary |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1990 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/FundraisingDirectExpensesAmt | 0 | 0 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GamingDirectExpensesAmt | 0 | 0 |
| IRS990/GamingGrossIncomeAmt | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 4 |
| IRS990/GrantsPayableGrp/BOYAmt | 0 | 0 |
| IRS990/GrantsPayableGrp/EOYAmt | 0 | 0 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 22096077 |
| IRS990/GrossSalesOfInventoryAmt | 0 | 0 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 0 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 0 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 0 |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 0 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/InterestGrp/TotalAmt | 0 | 0 |
| IRS990/InventoriesForSaleOrUseGrp/BOYAmt | 0 | 0 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 363268140 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 372781265 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | NJ |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LoansFromOfficersDirectorsGrp/BOYAmt | 0 | 0 |
| IRS990/LoansFromOfficersDirectorsGrp/EOYAmt | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | To pay health and welfare claims and expenses for retirees and dependents |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 0 |
| IRS990/NameChangeInd | 0 | X |
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| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 372422057 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 51542314 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/TotalAmt | 0 | 0 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 0 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 0 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | PRUDENTIAL FEES |
| IRS990/OtherExpensesGrp/Desc | 1 | CALLAN |
| IRS990/OtherExpensesGrp/Desc | 2 | HAGER |
| IRS990/OtherExpensesGrp/Desc | 3 | PAYFLEX/ WAGEWORKS |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 32117731 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 23333 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 116705 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 107694 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 32117731 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 23333 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 116705 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 107694 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990/OtherRevenueTotalAmt | 0 | 0 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 0 |
| IRS990/OtherWebsiteInd | 0 | X |
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| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | false |
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| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 0 |
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| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 0 |
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| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
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| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | David McDede |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 525100 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 525100 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | DEATH BENEFIT |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | CONTRIBUTION - PART |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | Retiree Life Plan - to cover expenses and premiums paid to or for members and spouses |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 649025 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
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| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
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| IRS990/PYOtherRevenueAmt | 0 | 0 |
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| IRS990/PYRevenuesLessExpensesAmt | 0 | -17920398 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 50751928 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 32831530 |
| IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt | 0 | 0 |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt | 0 | 0 |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -42129135 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/RentalIncomeOrLossGrp/PersonalAmt | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | false |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 0 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | -259262 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | -359208 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Governing Body: Part VI - Section B - Line 11B The Form 990 was prepared by the staff and reviewed by the Secretary of the governance Committee |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Compliance: Part VI - Section B - Line 12C Annually, the staff must certify that they have not participated in or are aware of activities that would cause conflicts of interests. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Compensation: Part VI - Line 15 A-B None of the organizations top management receives compensation for work with the trust. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Disclosure: Part VI - Section C - Line 18 The organization's governing documents, conflict of interest policy and financials statements are not available to the public. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Financial Statements and Reporting: Part XII Line 1 - the form 990 is prepared using the cash basis accounting method and all figures are confirmed with the trustee. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Balance Sheet: Part X Line 2 contains the cash position held in the trust Line 11 contains the assets held in the trust with Prudential |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Compensation of officers, Directors, Trustees, Key Employees, Highest Compensated Employees and Independent Contractors Part VII Section A, Line 1: this represents the fees paid to the trustee through the trust for the plan year Line 1A - None of the organization's top management receives compensation for work with the trust |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Reconciliation of Net Assets Part XI - Line 5 Net unrealized gains an losses came from the trustee statements |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Response or note to any line in Part XIII Line 3, 4 - the trust is not required to be audited, the plans within the trust are |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Governing Body Review (Part VI, Line 11) |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Conflict of Interest policy compliance (Part VI, line 12c) |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other officer or key employee compensation (Part VI, Line 15b) |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Governing documents, etc, available to public (Part VI, line 19) |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other or change in accounting method (Part XII, line 1) |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Balance Sheet (Part X) |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Response or note to any other line in Part VII |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Reconciliation of Net Assets (Part XI - Line 5) |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Response or note to any other line in Part VII |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 363008878 |
| IRS990/TotalAssetsEOYAmt | 0 | 372422057 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 363008878 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 372422057 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 33685350 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 30539862 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 64225212 |
| IRS990/TotalGrossUBIAmt | 0 | 22096077 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 363008878 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 372422057 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt | 0 | 22096077 |
| IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt | 0 | 22096077 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 30539862 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 22096077 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 22096077 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 22096077 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 363008878 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 372422057 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/TotalAmt | 0 | 0 |
| IRS990/TypeOfOrganizationTrustInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt | 0 | 0 |
| IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt | 0 | 0 |
| IRS990/USAddress/AddressLine1Txt | 0 | 150 Clove Road |
| IRS990/USAddress/CityNm | 0 | Little Falls |
| IRS990/USAddress/StateAbbreviationCd | 0 | NJ |
| IRS990/USAddress/ZIPCd | 0 | 07424 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 4 |
| IRS990/VotingMembersIndependentCnt | 0 | 0 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | true |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | David McDede |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | VP Treasurer |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9738902254 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-05-13 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Roche Retiree Welfare Benefit Trust |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | RET |
| ReturnHeader/Filer/EIN | 0 | 223078723 |
| ReturnHeader/Filer/InCareOfNm | 0 | % STATE STREET CORP |
| ReturnHeader/Filer/PhoneNum | 0 | 6502251000 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 150 Clove Road Suite |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Little Falls |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NJ |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 07424 |
| ReturnHeader/ReturnTs | 0 | 2021-10-08T15:01:58-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | David |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | McDede |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $372,422,057
- Liabilities
- $0
- Net assets
- $372,422,057
- Revenue
- $22,096,077
- Expenses
- $64,225,212
- Net income
- -$42,129,135