United Steelworkers
- Assets
- $1.2m
- Revenue
- $271.9k
- Investments
- $0.0
- Employees
- 50
- Location
- Negaunee, MI
- Founding
- 02/1968
- Data as of
- 12/2022
- EIN
- 38-1460125
Organization Overview
United Steelworkers is located in Negaunee, MI. 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 50 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 $271.9k 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 (3.1%) each year. All expenses for the organization totaled $387.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
LABOR UNION WHICH PROVIDES IT'S MEMBERS WITH BENEFITS TO INCLUDE, BUT NOT LIMITED TO: COLLECTIVE BARGAINING, GRIEVANCE PROCESS, ARBITRATION, STRIKE BENEFITS, EDUCATION, ORGANZING, AND THE IMPROVEMENT OF WORKING CONDITIONS OF IT'S MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
LABOR UNION WHICH PROVIDES IT'S MEMBERS WITH BENEFITS TO INCLUDE, BUT NOT LIMITED TO: COLLECTIVE BARGAINING, GRIEVANCE PROCESS, ARBITRATION, STRIKE BENEFITS, EDUCATION, ORGANZING, AND THE IMPROVEMENT OF WORKING CONDITIONS OF IT'S MEMBERS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Ruokolainen President | Officer | 26.59 | $49,779 |
Richard Helgren Recording Se | Officer | 13.69 | $25,631 |
Michael Grondz Vice-Preside | Officer | 13.49 | $25,262 |
Greg Montgomery Trustee | Officer | 10.32 | $19,329 |
Gretchen Dennis Financial Se | Officer | 7.87 | $14,740 |
Chad Korpi Treasurer | Officer | 4.56 | $8,541 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $256,747 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $256,747 |
| Total Program Service Revenue | $0 |
| Investment income | $4,576 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,050 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$29,079 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $271,886 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,800 |
| Grants and other assistance to domestic individuals. | $2,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $186,425 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $52,912 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,532 |
| Payroll taxes | $6,598 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,603 |
| Fees for services: Accounting | $250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,904 |
| Advertising and promotion | $725 |
| Office expenses | $54,239 |
| Information technology | $420 |
| Royalties | $0 |
| Occupancy | $23,602 |
| Travel | $13,589 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,913 |
| Interest | $0 |
| Payments to affiliates | $2,836 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $387,348 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $480,489 |
| Savings and temporary cash investments | $325,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $372,995 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,178,484 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,178,484 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,178,484 |