United Steelworkers International Union Local 09305 (EIN 251668032) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Principal Officer

Erik Hackett

Tax Period

2024-01-01 to 2024-12-31

United Steelworkers International Union Local 09305, founded in 1991, is a small nonprofit that reported $222K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. The organization ran a surplus of $51K, a strong 23% operating margin.

Mission

LABOR UNION ENFORCED THE COLLECTIVE BARGAINING AGREEMENT TO BETTER THE WORKING CONDITIONS OF THE LOCAL UNION AND PROVIDE REPRESENTATION TO ITS MEMBERS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $211,906

Investment Income $9,991

Other Revenue $357

TOTAL REVENUE $222,254

Expense Breakdown

Grants Paid $0

Salaries & Benefits $108,388

Fundraising Expenses $0

Other Expenses $63,208

TOTAL EXPENSES $171,596

Year-over-Year Comparison

	2024	2023	Change
Revenue	$222,254	$254,413	-0.1%
Expenses	$171,596	$219,494	-0.2%
Net Income	$50,658	$34,919	+0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

N/A

Employees

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

$61,815

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
John Socha	Vice President	003.00	Officer	$12,795	$0	$12,795
Matthew Ferguson	Recording Secretary	003.00	Officer	$12,520	$0	$12,520
Gary Landis	Trustee	001.00	Officer	$10,898	$0	$10,898
Harold Knight	Treasurer	005.00	Officer	$8,892	$0	$8,892
Bruce Montagazzi	Guide	001.00	Officer	$7,348	$0	$7,348
Erik Hackett	Financial Secretary	005.00	Officer	$4,055	$0	$4,055
Frank Pisano	Guard	001.00	Officer	$2,091	$0	$2,091
Patricia Landis	Trustee	001.00	Officer	$1,736	$0	$1,736
Russell Basalyga	Trustee	001.00	Officer	$1,116	$0	$1,116
Stephen Hoschar	Guard	001.00	Officer	$364	$0	$364
Douglas McKinney	President	005.00	Officer	$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
2024	$222,254	$171,596	$485,155	$50,658
2023	$254,413	$219,494	$434,497	$34,919
2022	$233,781	$219,130	$399,577	$14,651

United Steelworkers International Union Local 09305