United Steelworkers International … - Form 990 Financial Data

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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

1989

Legal Domicile

Principal Officer

Brett Bastin

Phone

6123793324

Tax Period

2022-01-01 to 2022-12-31

United Steelworkers International Twin Cities Conf Board, founded in 1989, is a micro nonprofit that reported $3K in total revenue in fiscal year 2022. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $27K exceeded revenue, resulting in a 797% operating deficit.

Mission

Objective of the Twin Cities and Vicinity Conf. Board is to protect, represent and educate members of the Locals 21B, 63B, 129 and 142BTo manage and maintain a strike fund Provide for Legal expenses for reprsentationfor locals and their members.

Program Service Accomplishments

Program 1

Expenses in curred to provide education, strike benefits payments to members, legal representation for grievances, arbitration and mediation.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $2,994

Other Revenue $0

TOTAL REVENUE $2,994

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,350

Fundraising Expenses $0

Other Expenses $24,499

TOTAL EXPENSES $26,849

Year-over-Year Comparison

	2022	2021	Change
Revenue	$2,994	$4,131	-0.3%
Expenses	$26,849	$3,225	+7.3%
Net Income	$-23,855	$906	-27.3%

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

$2,350

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Brett Bastin	Financial Secretary	001.00	Officer	$1,950	$0	$1,950
Rob Torkelson	PRESIDENT	001.00	Officer	$100	$0	$100
Carl Atkinson	Vice President	001.00	Officer	$100	$0	$100
Jeff Meyer	TRUSTEE	001.00	Officer	$100	$0	$100
Gary Switzer	President	001.00	Officer	$50	$0	$50
Bernard Howell	Trustee	001.00	Officer	$50	$0	$50

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
2022	$2,994	$26,849	$908,589	$-23,855
2021	$4,131	$3,225	$932,444	$906
2020	$3,418	$1,050	$931,538	$2,368

United Steelworkers International Twin Cities Conf Board