United Steelworkers
- Assets
- $435.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 17
- Location
- Lorain, OH
- Founding
- 02/1968
- Data as of
- 12/2022
- EIN
- 34-0554030
Organization Overview
United Steelworkers is located in Lorain, OH. The organization was established in 1968. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2022, United Steelworkers employed 17 individuals. 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 12/2022, United Steelworkers generated $31.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (26.0%) each year. All expenses for the organization totaled $55.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (24.5%) per year over the past 8 years. 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
2022
Describe the Organization's Program Activity:
Part 3
THE LOCAL UNION CONTINUES IN AN ONGOING EFFORT TO DEFEND AND ENFORCE THE NEGOTIATED COLLECTIVE BARGAINING AGREEMENT FOR OUR MEMBERS' WAGES, BENEFITS AND WORKING CONDITIONS. THE MEMBERS DUES, 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rosanne Mcdermott Office Manager | 6 | $9,990 | |
Chris Danchisen Recording Secretary | 0.5 | $585 | |
Cheryl Farsetti Past Recording Secretary | 0.5 | $500 | |
John Farsetti Past Financial Secretary | 0.5 | $400 | |
David Clawson Past Treasurer | 0.25 | $0 | |
Richard Cain President | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $31,711 |
| Investment income | $30 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $20 |
| Total Revenue | $31,761 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $18,498 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $22,720 |
| Printing, publications, postage, and shipping | $118 |
| Other expenses | $14,003 |
| Total expenses | $55,339 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $107,378 |
| Other assets | $0 |
| Total assets | $435,865 |
| Total liabilities | $0 |
| Net assets or fund balances | $435,865 |