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$76,472,90821%$55,735,65618%$458,241,569
2022$96,911,8356%$67,575,4668%$456,082,7273%
2021$91,451,431170%$62,612,9497%$469,503,9559%
2020$33,904,09711%$67,178,8697%$429,478,1235%
2019$38,203,04131%$72,065,2148%$453,449,265
2018$54,999,8884%$77,973,57524%$451,846,6568%
2017$57,479,591123%$102,299,53526%$493,355,99510%
2016$25,741,70781%$138,984,7884%$546,288,74216%
2015$136,333,27825%$145,145,2087%$647,843,9674%
2014$108,843,06614%$135,345,3977%$674,810,9651%
2013$126,875,36155%$126,185,4581%$679,168,7925%
2012$284,283,83696%$124,390,6992%$643,953,70736%
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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