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

Guy Trudell

Phone

9063999143

Tax Period

2025-01-01 to 2025-12-31

UNITED STEELWORKERS, founded in 1942, is a small nonprofit that reported $309K in total revenue in fiscal year 2025. Expenses of $296K left a modest 4% surplus.

Mission

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

Program Service Accomplishments

Program 1

LOCAL ENFORCED COLLECTIVE BARGAINING AGREEMENT TO BETTER THE WORKING CONDITIONS OF THE LOCAL UNION AND PROVIDE REPRESENTAION TO ITS 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 (2025)

Revenue Breakdown

Contributions & Grants $9,884

Program Service Revenue $293,081

Investment Income $0

Other Revenue $6,316

TOTAL REVENUE $309,281

Expense Breakdown

Grants Paid $0

Salaries & Benefits $195,479

Fundraising Expenses $0

Program Expenses $0

Other Expenses $57,897

TOTAL EXPENSES $295,915

Year-over-Year Comparison

	2025	2024	Change
Revenue	$309,281	$315,346	0.0%
Expenses	$295,915	$294,757	+0.0%
Net Income	$13,366	$20,589	-0.4%

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

640

Independent Members

640

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

$106,999

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMIE DIER	PRESIDENT	24	Officer	$25,401	$0	$25,401
GUY TRUDELL	TREASURER	14	Officer	$18,811	$0	$18,811
KAREN SNAY	RECORDING SECRETARY	12	Officer	$18,397	$0	$18,397
JASON BRANSTROM	VICE PRESIDENT	14	Officer	$15,654	$0	$15,654
BJORN VANGINHOVEN	FINANCIAL SECRETARY	12	Officer	$11,943	$0	$11,943
VICTOR LACOSSE	VICE PRESIDENT	14	Officer	$11,730	$0	$11,730
DERRICK BUCHBINDER	TRUSTEE	2	Officer	$1,772	$0	$1,772
JOHN DUBORD	TRUSTEE	2	Officer	$1,454	$0	$1,454
DARYL ST VINCENT	TRUSTEE	2	Officer	$969	$0	$969
DARREL MAKI	GUARD	2	Officer	$868	$0	$868
SCOTT	GORDON	2	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
2025	$309,281	$295,915	$478,076	$13,366
2024	$315,346	$294,757	$453,041	$20,589
2023	$377,342	$314,574	$397,050	$62,768
2022	$320,280	$412,332	$352,448	$-92,052
2021	$276,557	$288,117	$444,500	$-11,560
2020	$330,265	$245,615	$456,060	$84,650