UNITED STATES STEEL CORPORATION RETIREE INSURANCE BENEFITS TRUST (EIN 274344749) - Form 990 Financial Analysis & Trantor Score

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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

2010

Legal Domicile

Phone

4124335070

Tax Period

2023-01-01 to 2023-12-31

UNITED STATES STEEL CORPORATION RETIREE INSURANCE BENEFITS TRUST, founded in 2010, is a major nonprofit in the Mutual Benefit sector that reported $124.8M in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $111.7M left a modest 10% surplus.

Mission

PAYMENT OF LIFE AND HEALTH INSURANCE BENEFITS FOR RETIRED EMPLOYEES OF U. S. STEEL.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $124,755,516

Investment Income $0

Other Revenue $0

TOTAL REVENUE $124,755,516

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $96,120

TOTAL EXPENSES $111,688,928

Year-over-Year Comparison

	2023	2022	Change
Revenue	$124,755,516	$166,124,065	-0.2%
Expenses	$111,688,928	$166,703,069	-0.3%
Net Income	$13,066,588	$-579,004	-23.6%

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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	institutional trustee	0.0		$96,120	$0	$96,120

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	No data	No data	No data	No data
2023	$124,755,516	$111,688,928	$25,458,527	$13,066,588
2022	$166,124,065	$166,703,069	$12,911,832	$-579,004
2021	$174,400,567	$179,018,075	$16,193,523	$-4,617,508
2020	$210,342,749	$202,986,737	$17,425,348	$7,356,012
2019	$207,159,700	$205,133,330	$16,554,416	$2,026,370
2018	$247,156,145	$243,815,050	$12,391,676	$3,341,095

UNITED STATES STEEL CORPORATION RETIREE INSURANCE BENEFITS TRUST