NEW DAY ALUMINUM LLC UNITED STEELWORKERS RETIREE HEALTH REIMBURSEMENT ARRANGEMENT (EIN 861142457) - 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

2005

Legal Domicile

Principal Officer

ROBERT W HUBER

Phone

2258692118

Tax Period

2022-01-01 to 2022-12-31

NEW DAY ALUMINUM LLC UNITED STEELWORKERS RETIREE HEALTH REIMBURSEMENT ARRANGEMENT, founded in 2005, is a micro nonprofit in the Education sector that reported $58K in total revenue in fiscal year 2022. Revenue surged 268% from the prior year, signaling strong growth momentum. Expenses of $384K exceeded revenue, resulting in a 562% operating deficit.

Mission

TO PROVIDE HEALTH CARE BENEFITS THROUGH A RETIREE MEDICAL PREMIUM REIMBURSEMENT ARRANGEMENT FOR UNITED STEELWORKERS.

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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 $35,380

Other Revenue $22,662

TOTAL REVENUE $58,042

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $383,977

Other Expenses $32,476

TOTAL EXPENSES $383,977

Year-over-Year Comparison

	2022	2021	Change
Revenue	$58,042	$15,765	+2.7%
Expenses	$383,977	$394,397	0.0%
Net Income	$-325,935	$-378,632	-0.1%

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

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK HANSEN	MEMBER	1.00	Director	$0	$0	$0
ANDREAS SCHMITZ	MEMBER	1.00	Director	$0	$0	$0
ANDREW REID	MEMBER	1.00	Director	$0	$0	$0
MATTHEW JENKINSON	MEMBER	1.00	Director	$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	No data	No data	No data	No data
2022	$58,042	$383,977	$2,435,039	$-325,935
2021	$15,765	$394,397	$2,982,727	$-378,632
2020	$25,206	$388,481	$3,099,818	$-363,275
2019	$105,440	$289,948	$3,383,600	$-184,508
2018	$112,782	$296,702	$3,031,734	$-183,920

NEW DAY ALUMINUM LLC UNITED STEELWORKERS RETIREE HEALTH REIMBURSEMENT ARRANGEMENT