UNITED STEELWORKERS 10-00001 LOCAL

EIN: 232811249

NORWOOD, PA

Total Revenue
$41,735
Total Expenses
$74,409
Total Assets
$190,564
Net Assets
$190,564
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
PA
Principal Officer
BRADFORD TAKACS
Phone
4845403306
Tax Period
2021-01-01 to 2021-12-31

UNITED STEELWORKERS 10-00001 LOCAL, founded in 1992, is a micro nonprofit that reported $42K in total revenue in fiscal year 2021. Expenses of $74K exceeded revenue, resulting in a 78% operating deficit.

Mission

COLLECTIVE BARGAINING FOR UNION MEMBERSHIP

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $39,739
Investment Income $-604
Other Revenue $2,600
TOTAL REVENUE $41,735

Expense Breakdown

Grants Paid $0
Salaries & Benefits $10,431
Fundraising Expenses $0
Program Expenses $650
Other Expenses $63,978
TOTAL EXPENSES $74,409

Year-over-Year Comparison

2021 2020 Change
Revenue $41,735 N/A N/A
Expenses $74,409 N/A N/A
Net Income $-32,674 N/A N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
1
Employees
5
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$8,219
Total Directors
5
$8,219
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL J OLSEN FINANCIAL SE 10.00
Officer Director
$3,077 $0 $3,077
BRADFORD TAKACS PRESIDENT 10.00
Officer Director
$2,992 $0 $2,992
CAROL J GALLAGHER RECORDING SE 2.00
Officer Director
$1,788 $0 $1,788
CHRISTOPHER SHOPA UNIT VICE-PR 7.00
Officer Director
$362 $0 $362
VINCENT BERRY TRUSTEE 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2021 $41,735 $74,409 $190,564 $-32,674
2019 $305,216 $347,815 $398,821 $-42,599
2018 $403,058 $381,048 $459,198 $22,010
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