United Steelworkers (EIN 550419476) - 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

1955

Legal Domicile

Principal Officer

Robert Melhorn

Phone

3042739319

Tax Period

2025-01-01 to 2025-12-31

United Steelworkers, founded in 1955, is a small nonprofit that reported $346K in total revenue in fiscal year 2025. Revenue decreased 15% compared to the prior year. Expenses of $384K exceeded revenue, resulting in a 11% operating deficit.

Mission

Local Union enforced the collective bargaining agreement to better the working conditions of the Local Union and provide representation 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 $0

Program Service Revenue $339,436

Investment Income $2,216

Other Revenue $4,294

TOTAL REVENUE $345,946

Expense Breakdown

Grants Paid $4,411

Salaries & Benefits $325,729

Fundraising Expenses $0

Other Expenses $53,360

TOTAL EXPENSES $383,500

Year-over-Year Comparison

	2025	2024	Change
Revenue	$345,946	$407,047	-0.2%
Expenses	$383,500	$394,069	0.0%
Net Income	$-37,554	$12,978	-3.9%

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

$167,257

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David Weaver	President	032.00	Officer	$54,771	$0	$54,771
Kenneth Whitehouse	Treasurer	015.00	Officer	$34,819	$0	$34,819
Albert King	Trustee	001.00	Officer	$22,399	$0	$22,399
Robert Melhorn	Financial Secretary	022.00	Officer	$18,795	$0	$18,795
Eathan Rogers	Vice President	001.00	Officer	$8,945	$0	$8,945
Gale Sayre	Trustee	001.00	Officer	$8,291	$0	$8,291
WIlliam Williams	Trustee	001.00	Officer	$4,802	$0	$4,802
James Brotherton	Recording Secretary	001.00	Officer	$4,126	$0	$4,126
Dale Kestner	Guide	001.00	Officer	$3,697	$0	$3,697
Ausit Hill	Outside Guard	001.00	Officer	$3,457	$0	$3,457
Cory Smith	Inside Guard	001.00	Officer	$3,155	$0	$3,155

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	$345,946	$383,500	$318,092	$-37,554
2024	$407,047	$394,069	$355,646	$12,978
2023	$387,075	$368,467	$342,668	$18,608
2022	$365,330	$393,347	$324,060	$-28,017
2021	$277,634	$318,238	$352,077	$-40,604
2020	$282,104	$284,463	$368,340	$-2,359

United Steelworkers