United Steelworkers is located in Mitchell, IN. The organization was established in 1940. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. United Steelworkers is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2023, United Steelworkers generated $73.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $34.8k during the year ending 12/2023. While expenses have increased by 1.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Douglas Duncan Pres | 2 | $3,514 | |
David Cooper Treas | 5 | $1,500 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $73,366 |
Investment income | $298 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $73,664 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $18,189 |
Professional fees and other payments to independent contractors | $1,140 |
Occupancy, rent, utilities, and maintenance | $5,404 |
Printing, publications, postage, and shipping | $8,643 |
Other expenses | $1,414 |
Total expenses | $34,790 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $139,828 |
Other assets | $0 |
Total assets | $244,225 |
Total liabilities | $1,840 |
Net assets or fund balances | $242,385 |