Cleveland-cliffs Steel LLC Veba Trust

Cleveland, Ohio

B+Health Score
72B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 22 peers in Mutual & Membership Benefit with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org8.18×
Peer Median10.70×
💰
$76.5M
Total Revenue
📊
$55.7M
Total Expenses
🏦
$455.8M
Net Assets
📋
$2.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-21.1%
Year-over-year change (2022 → 2023)
Net Margin
+27.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
8.18
Net assets divided by total expenses
Liabilities-to-Assets
0.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$76,472,908↓21%$55,735,656↓18%$458,241,569
2022$96,911,835↑6%$67,575,466↑8%$456,082,727↓3%
2021$91,451,431↑170%$62,612,949↓7%$469,503,955↑9%
2020$33,904,097↓11%$67,178,869↓7%$429,478,123↓5%
2019$38,203,041↓31%$72,065,214↓8%$453,449,265
2018$54,999,888↓4%$77,973,575↓24%$451,846,656↓8%
2017$57,479,591↑123%$102,299,535↓26%$493,355,995↓10%
2016$25,741,707↓81%$138,984,788↓4%$546,288,742↓16%
2015$136,333,278↑25%$145,145,208↑7%$647,843,967↓4%
2014$108,843,066↓14%$135,345,397↑7%$674,810,965↓1%
2013$126,875,361↓55%$126,185,458↑1%$679,168,792↑5%
2012$284,283,836↑96%$124,390,699↓2%$643,953,707↑36%
2011$145,344,156$126,389,908$473,510,464

Frequently Asked Questions

What does Cleveland-cliffs Steel LLC Veba Trust do?▼

Cleveland-cliffs Steel LLC Veba Trust is a mutual & membership benefit nonprofit organization based in Ohio. It is classified under NTEE code Y43 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Cleveland-cliffs Steel LLC Veba Trust financially healthy?▼

Based on our 9-metric Financial Health Score model, Cleveland-cliffs Steel LLC Veba Trust has a score of 72/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Cleveland-cliffs Steel LLC Veba Trust generate?▼

Cleveland-cliffs Steel LLC Veba Trust reports $21.4M in annual revenue and holds $456.9M in total assets, based on IRS filings.

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