United Steelworkers Local 12-05114

🔒

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

1954

Legal Domicile

Principal Officer

David Bishop

Phone

2087441774

Tax Period

2020-01-01 to 2020-12-31

United Steelworkers Local 12-05114, founded in 1954, is a small nonprofit that reported $684K in total revenue in fiscal year 2020. Revenue fell 72% from the prior year — a significant decline worth monitoring. Expenses of $1.2M exceeded revenue, resulting in a 80% operating deficit.

Mission

The mission statement of the Organization includes, but is not limited to on behalf of its Members Collective Barganing, Grievance procedures, Arbitration, Strike Benefits, Education, and to improve the working conditions of its Members.

Program Service Accomplishments

Program 1

The Local Union continues in an ongoing effort to defend and enforce the negotiated collective bargaining agreement for our members wages, benefits and working condition. The members dues and related income and expenses are used to carry out these activities, The Local Union is continually striving to maintain or accomplish improvements for our members.

🔒

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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $26,941

Investment Income $805

Other Revenue $656,063

TOTAL REVENUE $683,809

Expense Breakdown

Grants Paid $4,463

Salaries & Benefits $16,157

Fundraising Expenses $0

Other Expenses $1,210,291

TOTAL EXPENSES $1,230,911

Year-over-Year Comparison

	2020	2019	Change
Revenue	$683,809	$2,452,243	-0.7%
Expenses	$1,230,911	$2,367,968	-0.5%
Net Income	$-547,102	$84,275	-7.5%

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

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

$4,360

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David G Bishop	Financial Secretary	020.00	Officer	$1,200	$0	$1,200
Darren Hei	Treasurer	020.00	Officer	$1,200	$0	$1,200
Cory Barber-Pehan	Recording Secretary	003.00	Officer	$1,160	$0	$1,160
Darren McNutt	Unit Manager-03	001.00	Officer	$600	$0	$600
David Roose	President	005.00	Officer	$100	$0	$100
Rock Sandau	Vice President	001.00	Officer	$100	$0	$100
Ronnel Barrett	Trustee	002.00	Officer	$0	$0	$0
Daniel Baiker	Trustee	002.00	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
2020	$683,809	$1,230,911	$120,758	$-547,102