UNITED STEELWORKERS

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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

1942

Legal Domicile

Principal Officer

DONALD BLACKWELL

Phone

3308271068

Tax Period

2023-01-01 to 2023-12-31

UNITED STEELWORKERS, founded in 1942, is a small nonprofit that reported $201K in total revenue in fiscal year 2023. Expenses of $174K left a modest 13% surplus.

Mission

The mission statment of the organization includes but is not limited to on behalf of its members collective bargaining, grievance procedures, arbitration, strike benefits, education and to improving working conditions of its members.

Program Service Accomplishments

Program 1

The Local Union continues in an ongoing effort to defend and enforce the negotiated collective bargaining agreement for our members wages, benefits and working conditions. The members dues, related income and expenses are used to carry out these activities. The Local Union is continually striving to maintain or accomplish improvements for our members.

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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 $192,663

Investment Income $3,464

Other Revenue $4,829

TOTAL REVENUE $200,956

Expense Breakdown

Grants Paid $0

Salaries & Benefits $71,985

Fundraising Expenses $0

Other Expenses $102,190

TOTAL EXPENSES $174,175

Year-over-Year Comparison

	2023	2022	Change
Revenue	$200,956	N/A	N/A
Expenses	$174,175	N/A	N/A
Net Income	$26,781	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

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

$31,028

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DUSTIN KINSEY	PRESIDENT	010.00	Officer	$8,782	$0	$8,782
MICHELE GROSSENBACHER	UNIT 20 PRESIDENT	005.00	Officer	$3,756	$0	$3,756
JASON GREER	GUIDE	001.00	Officer	$3,557	$0	$3,557
BRETT GRANDISON	UNIT 12 PRESIDENT	005.00	Officer	$2,859	$0	$2,859
MICHAEL CERCONE	UNIT 14 PRESIDENT	003.00	Officer	$2,711	$0	$2,711
DENNIS JONES	TRUSTEE	001.00	Officer	$1,959	$0	$1,959
KITRENDA WALKER	FINANCIAL SECRETARY	005.00	Officer	$1,800	$0	$1,800
DONALD BLACKWELL	TREASURER	005.00	Officer	$1,500	$0	$1,500
LISA BARBEE	RECORDING SECRETARY	001.00	Officer	$1,200	$0	$1,200
LISA HADLEY	GUARD	001.00	Officer	$825	$0	$825
GEORGE TEISCHINGER	VICE PRESIDENT	001.00	Officer	$790	$0	$790
DENNIS REICHMAN	UNIT 13 PRESIDENT	005.00	Officer	$450	$0	$450
ROBERT MUELLER	TRUSTEE	001.00	Officer	$300	$0	$300
CORY AYERS	TRUSTEE	001.00	Officer	$265	$0	$265
BRENT HOAGLAND	TRUSTEE	001.00	Officer	$154	$0	$154
SHARA MORROW-WATSON	GUARD	001.00	Officer	$120	$0	$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
2023	$200,956	$174,175	$449,614	$26,781