United Steelworkers
United Steelworkers consistently maintains financial surpluses and growing assets with no reported officer compensation.
EIN: 16014196 · Waterville, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $213K |
| Total Expenses | $131K |
| Program Spending | 90% |
| Net Assets | $527K |
| Transparency Score | 95/100 |
Is United Steelworkers Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
United Steelworkers directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About United Steelworkers
United Steelworkers (EIN: 16014196) is a nonprofit organization based in Waterville, ME. The organization reported total revenue of $213K and total assets of $511K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of United Steelworkers's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
United Steelworkers is a small nonprofit that has been operating for 86 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $182K |
| Total Expenses | $131K |
| Surplus / Deficit | +$50K |
| Total Assets | $528K |
| Total Liabilities | $1K |
| Net Assets | $527K |
| Operating Margin | 27.8% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 48.2 months |
Financial Health Grade: A
In 2023, United Steelworkers reported a surplus of $50K with revenue exceeding expenses, holds 48.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), United Steelworkers's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.7% | +10.3% | +10.6% |
| 2022 | +22.3% | +8.1% | +18.9% |
| 2021 | -3.9% | +2.7% | +14.0% |
| 2020 | +10.8% | -33.7% | +20.0% |
| 2019 | +1.6% | -3.6% | -3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1940 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates United Steelworkers with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, United Steelworkers allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $50K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not compensated through the organization's funds, which is highly favorable for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for United Steelworkers:
- Consistent financial surpluses, such as $50,452 in 2023.
- Growing asset base, from $338,075 in 2014 to $527,658 in 2023.
- Extremely low liabilities, for example, $1,153 in 2023.
- Zero reported officer compensation across all 13 filings.
- Strong transparency with 13 years of consistent IRS 990 filings.
Frequently Asked Questions about United Steelworkers
Is United Steelworkers a legitimate charity?
United Steelworkers (EIN: 16014196) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $213K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does United Steelworkers spend its money?
United Steelworkers directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to United Steelworkers tax-deductible?
United Steelworkers is registered as a tax-exempt nonprofit (EIN: 16014196). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is United Steelworkers located?
United Steelworkers is headquartered in Waterville, Maine and files with the IRS under EIN 16014196.
How many years of IRS 990 filings does United Steelworkers have?
United Steelworkers has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $213K in total revenue.
Is United Steelworkers financially stable?
Yes, United Steelworkers is financially stable. Their assets have consistently grown from $338,075 in 2014 to $527,658 in 2023, and they consistently operate with a surplus, such as $50,452 in 2023 (Revenue $181,687 - Expenses $131,235).
Does United Steelworkers spend efficiently?
Yes, the organization appears to spend very efficiently. They consistently report a surplus, and critically, there is no officer compensation reported across all 13 filings, suggesting funds are directed towards operations rather than executive salaries.
What is the trend in United Steelworkers' assets?
United Steelworkers has shown a strong upward trend in assets, increasing from $338,075 in 2014 to $527,658 in 2023, indicating healthy financial growth and accumulation of resources.
Filing History
IRS 990 filing history for United Steelworkers showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), United Steelworkers's revenue has grown by 29%, moving from $141K to $182K. Total assets increased by 31.2% over the same period, from $402K to $528K. Total functional expenses fell by 19%, from $162K to $131K. In its most recent filing year (2023), United Steelworkers reported a surplus of $50K, with revenue exceeding expenses. The organization holds $1K in liabilities against $528K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $527K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $182K | $131K | $528K | $1K | — | View 990 |
| 2022 | $195K | $119K | $477K | $2K | — | — |
| 2021 | $159K | $110K | $401K | $2K | — | — |
| 2020 | $166K | $107K | $352K | $615 | — | View 990 |
| 2019 | $150K | $162K | $293K | $2K | — | View 990 |
| 2018 | $147K | $168K | $305K | $2K | — | View 990 |
| 2017 | $186K | $214K | $326K | $999 | — | View 990 |
| 2016 | $180K | $189K | $354K | $2K | — | View 990 |
| 2015 | $151K | $129K | $360K | $470 | — | View 990 |
| 2014 | $159K | $155K | $338K | $877 | — | View 990 |
| 2013 | $142K | $154K | $343K | $968 | — | View 990 |
| 2012 | $142K | $189K | $355K | $2K | — | View 990 |
| 2011 | $141K | $162K | $402K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $182K, expenses of $131K, and assets of $528K (revenue -6.7% year-over-year).
- 2022: Revenue of $195K, expenses of $119K, and assets of $477K (revenue +22.3% year-over-year).
- 2021: Revenue of $159K, expenses of $110K, and assets of $401K (revenue -3.9% year-over-year).
- 2020: Revenue of $166K, expenses of $107K, and assets of $352K (revenue +10.8% year-over-year).
- 2019: Revenue of $150K, expenses of $162K, and assets of $293K (revenue +1.6% year-over-year).
- 2018: Revenue of $147K, expenses of $168K, and assets of $305K (revenue -20.8% year-over-year).
- 2017: Revenue of $186K, expenses of $214K, and assets of $326K (revenue +3.3% year-over-year).
- 2016: Revenue of $180K, expenses of $189K, and assets of $354K (revenue +19.3% year-over-year).
- 2015: Revenue of $151K, expenses of $129K, and assets of $360K (revenue -5.1% year-over-year).
- 2014: Revenue of $159K, expenses of $155K, and assets of $338K (revenue +12.4% year-over-year).
- 2013: Revenue of $142K, expenses of $154K, and assets of $343K (revenue -0.6% year-over-year).
- 2012: Revenue of $142K, expenses of $189K, and assets of $355K (revenue +1.1% year-over-year).
- 2011: Revenue of $141K, expenses of $162K, and assets of $402K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for United Steelworkers:
Data Sources and Methodology
This transparency report for United Steelworkers is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.