UNITED STEELWORKERS LOCAL NO 2911 (EIN 550354903) - 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

1950

Legal Domicile

Principal Officer

MARK GLYPTIS

Phone

3047488080

Tax Period

2023-01-01 to 2023-12-31

UNITED STEELWORKERS LOCAL NO 2911, founded in 1950, is a small nonprofit that reported $772K in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $346K, a strong 45% operating margin.

Mission

TO ACTIVELY PROMOTE BETTER WAGES, BENEFITS, AND WORKING CONDITIONS; TO ENSURE JUSTICE AND DIGNITY ON THE JOB; AND TO CREATE A SOCIAL MOVEMENT TO BETTER THE LIVES OF ALL WORKING PEOPLE.

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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 $291,651

Investment Income $479,046

Other Revenue $1,000

TOTAL REVENUE $771,697

Expense Breakdown

Grants Paid $0

Salaries & Benefits $214,507

Fundraising Expenses $0

Other Expenses $211,015

TOTAL EXPENSES $425,522

Year-over-Year Comparison

	2023	2022	Change
Revenue	$771,697	$597,559	+0.3%
Expenses	$425,522	$451,297	-0.1%
Net Income	$346,175	$146,262	+1.4%

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

Independent Members

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

$32,400

Total Directors

$32,400

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK GLYPTIS	PRESIDENT	0.00	Officer Director	$0	$0	$0
WILLIAM BRENDA	VICE PRESIDENT	2.00	Officer Director	$7,200	$0	$7,200
MICHAEL VITELLO	FINANCIAL SECRETARY	2.00	Officer Director	$9,000	$0	$9,000
NICHLAS VALERO	TREASURER	1.00	Officer Director	$3,000	$0	$3,000
RICHARD HARCHARIK	TRUSTEE	2.00	Officer Director	$5,400	$0	$5,400
TROY ARANGO	RECORDING SECRETARY	1.00	Officer Director	$3,000	$0	$3,000
JOSH VIRTUE	TRUSTEE	1.00	Officer Director	$600	$0	$600
NICK GUIDDY	TRUSTEE	1.00	Officer Director	$4,200	$0	$4,200

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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$771,697	$425,522	$2,769,503	$346,175
2022	$597,559	$451,297	$2,544,640	$146,262
2021	$533,696	$399,303	$2,997,726	$134,393
2020	$437,481	$342,984	$2,770,277	$94,497
2019	$456,130	$356,750	$2,354,973	$99,380
2018	$443,447	$345,636	$1,904,890	$97,811

UNITED STEELWORKERS LOCAL NO 2911