United Steelworkers is located in Chicago, IL. 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 $114.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $106.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (11.6%) per year over the past 4 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
2023
Describe the Organization's Program Activity:
Part 3
THE LOCAL UNION ENFORCED THE COLLECTIVE BARGAINING AGREEMENT TO BETTER THE WORKING CONDITIONS OF THE LOCAL UNION AND PROVIDE REPRESENTATION TO ITS MEMBERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Charles Gilyard President | 10 | $87,970 | |
Michael Goldsmith Vice President | 5 | $1,384 | |
Yvette Dent Recording Secretrary | 5 | $0 | |
Torrance Walker Financial Secretary | 10 | $0 | |
Madison Moon III Treasurer | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $54,751 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $60,000 |
Total Revenue | $114,751 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $3,094 |
Professional fees and other payments to independent contractors | $270 |
Occupancy, rent, utilities, and maintenance | $2,853 |
Printing, publications, postage, and shipping | $24 |
Other expenses | $100,505 |
Total expenses | $106,746 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $23,409 |
Other assets | $0 |
Total assets | $42,002 |
Total liabilities | $0 |
Net assets or fund balances | $42,002 |