Y โ€” Mutual & Membership BenefitEIN: 202499297ยท Ruling Year: 2006

Ovec-ikec Retiree Life Insurance Tr

Piketon, Ohio

B+Health Score
68B+

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 2 peers in Mutual & Membership Benefit with $1M-$10M revenue

๐Ÿ’ฐ
$956K
Total Revenue
๐Ÿ“Š
$1.5M
Total Expenses
๐Ÿฆ
$18.8M
Net Assets
๐Ÿ“‹
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+20.7%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-57.8%
Revenue minus expenses as % of revenue

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$956,171โ†‘21%$1,508,568โ†‘66%$18,840,143โ†“4%
2022$792,310โ†“48%$907,557$19,610,584โ†“1%
2021$1,523,199โ†‘21%$904,086โ†‘2%$19,725,831โ†‘3%
2020$1,255,490โ†“38%$883,950โ†‘8%$19,106,718โ†‘1%
2019$2,025,054โ†‘53%$821,968โ†‘1%$18,836,754โ†‘2%
2018$1,320,694โ†‘12%$817,001โ†‘6%$18,544,619โ†‘3%
2017$1,175,404โ†‘44%$770,999โ†‘33539%$18,049,948โ†‘2%
2016$814,816โ†‘17%$2,292โ†“80%$17,636,521โ†‘5%
2015$698,576โ†“32%$11,621โ†‘51%$16,823,995โ†‘4%
2014$1,025,850โ†“28%$7,674โ†“10%$16,137,040โ†‘7%
2013$1,425,031โ†‘38%$8,553โ†‘11%$15,118,864โ†‘10%
2012$1,029,537โ†‘29%$7,697โ†“42%$13,702,677โ†‘8%
2011$795,381$13,335$12,680,546

Frequently Asked Questions

What does Ovec-ikec Retiree Life Insurance Tr do?โ–ผ

Ovec-ikec Retiree Life Insurance Tr 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 Ovec-ikec Retiree Life Insurance Tr financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Ovec-ikec Retiree Life Insurance Tr has a score of 68/100 (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 Ovec-ikec Retiree Life Insurance Tr generate?โ–ผ

Ovec-ikec Retiree Life Insurance Tr reports $1.3M in annual revenue and holds $18.3M in total assets, based on IRS filings.

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Ovec-ikec Retiree Life Insurance Tr โ€” Piketon, OH | GiveScope