NATIONAL STEEL CORPORATION REPRESENTED RETIREES BENEFIT TRUST (EIN 351964535) - 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

2004

Legal Domicile

Principal Officer

EMIL RAMIREZ

Phone

4122012242

Tax Period

2024-01-01 to 2024-12-31

NATIONAL STEEL CORPORATION REPRESENTED RETIREES BENEFIT TRUST, founded in 2004, is a small nonprofit that reported $815K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Expenses of $3.8M exceeded revenue, resulting in a 365% operating deficit.

Mission

WELFARE BENEFIT PLAN

🔒

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 $0

Investment Income $815,456

Other Revenue $0

TOTAL REVENUE $815,456

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $146,674

TOTAL EXPENSES $3,789,274

Year-over-Year Comparison

	2024	2023	Change
Revenue	$815,456	$992,036	-0.2%
Expenses	$3,789,274	$6,241,257	-0.4%
Net Income	$-2,973,818	$-5,249,221	-0.4%

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

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
THOMAS DUZAK	COMMITTEE MEMBER	1.00	Director	$0	$0	$0
MICHAEL YOUNG	COMMITTEE MEMBER	1.00	Director	$0	$0	$0
MILIO RINNA	COMMITTEE MEMBER	1.00	Director	$0	$0	$0
NICHOLAS SCHAFER	COMMITTEE MEMBER	1.00	Director	$0	$0	$0
JEFF RAINS	COMMITTEE MEMBER	1.00	Director	$0	$0	$0
EMIL RAMIREZ	COMMITTEE MEMBER	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
2024	$815,456	$3,789,274	$18,957,920	$-2,973,818
2023	$992,036	$6,241,257	$21,813,841	$-5,249,221
2022	$411,261	$7,203,003	$26,125,840	$-6,791,742
2021	$1,193,986	$3,667,079	$36,839,911	$-2,473,093
2020	$990,523	$3,983,318	$38,991,208	$-2,992,795
2019	$1,487,506	$4,329,708	$39,901,126	$-2,842,202
2018	$1,354,346	$4,605,793	$39,701,577	$-3,251,447

NATIONAL STEEL CORPORATION REPRESENTED RETIREES BENEFIT TRUST