United Steelworkers is located in Crossett, AR. 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 $73.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (14.4%) each year. All expenses for the organization totaled $103.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 5 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 REPRESENTATIONS TO ITS MEMBERS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Hudson Guard | 1 | $1,089 | |
David Balnkenship Vice President | 3 | $3,946 | |
Barry Dolan Trustee | 1 | $986 | |
Michael Grant Recording Secretary | 1 | $7,907 | |
Cornell Harper Jr Financial Secretary | 3 | $3,661 | |
Undra Reynolds Treasurer | 3 | $3,247 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $73,315 |
| Investment income | $607 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $73,922 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $2,700 |
| Salaries, other compensation, and employee benefits | $59,784 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $24,545 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,298 |
| Total expenses | $103,827 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $120,971 |
| Other assets | $0 |
| Total assets | $125,036 |
| Total liabilities | $0 |
| Net assets or fund balances | $125,036 |