WHEELING PITTSBURGH STEEL CORP RETIREE BENEFITS PLAN (EIN 556162719) - 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

2003

Legal Domicile

Principal Officer

RICHARD E BOWNESS

Phone

4122012242

Tax Period

2023-01-01 to 2023-12-31

WHEELING PITTSBURGH STEEL CORP RETIREE BENEFITS PLAN, founded in 2003, is a community nonprofit in the Mutual Benefit sector that reported $4.0M in total revenue in fiscal year 2023. The organization ran a surplus of $2.4M, a strong 59% operating margin.

Mission

TO PROVIDE CERTAIN RETIREE BENEFITS TO ELIGIBLE RETIREES, DEPENDENTS, AND BENEFICIARIES.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,857,732

Investment Income $2,160,320

Other Revenue $0

TOTAL REVENUE $4,018,052

Expense Breakdown

Grants Paid $0

Salaries & Benefits $60,000

Fundraising Expenses $0

Program Expenses $1,657,363

Other Expenses $408,197

TOTAL EXPENSES $1,657,363

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,018,052	$3,911,272	+0.0%
Expenses	$1,657,363	$1,604,588	+0.0%
Net Income	$2,360,689	$2,306,684	+0.0%

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

N/A

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

$60,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	TRUSTEE	25.00		$33,325	$0	$33,325
DAVID JULIO	VEBA COMMITTEE MEMBER	4.00	Officer	$20,000	$0	$20,000
JIM SULLIVAN	VEBA COMMITTEE MEMBER	4.00	Officer	$20,000	$0	$20,000
RICHARD BOWNESS	VEBA COMMITTEE MEMBER	4.00	Officer	$20,000	$0	$20,000
JOHN SAUNDERS	VEBA COMMITTEE MEMBER	4.00	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
2024	No data	No data	No data	No data
2023	$4,018,052	$1,657,363	$66,906,142	$2,360,689
2022	$3,911,272	$1,604,588	$61,828,484	$2,306,684
2021	$5,958,118	$6,414,355	$67,508,215	$-456,237
2020	$6,932,013	$7,146,729	$64,920,458	$-214,716
2019	$9,558,793	$10,373,397	$62,884,691	$-814,604
2018	$14,747,156	$12,581,251	$59,843,107	$2,165,905

WHEELING PITTSBURGH STEEL CORP RETIREE BENEFITS PLAN