YMutual & Membership BenefitEIN: 202499367· Ruling Year: 2006

Ovec-ikec Union Retiree Medical Tr

Piketon, Ohio

B+Health Score
73B+

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

💰
$3.8M
Total Revenue
📊
$3.6M
Total Expenses
🏦
$84.9M
Net Assets
📋
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+10.9%
Year-over-year change (2022 → 2023)
Net Margin
+4.8%
Revenue minus expenses as % of revenue

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,772,26811%$3,592,216125%$84,911,170
2022$3,402,15246%$1,595,68017%$84,804,1092%
2021$6,330,42640%$1,928,87014%$82,997,6376%
2020$4,521,26223%$1,697,07289%$78,596,0813%
2019$3,668,84427%$898,37912%$76,181,3544%
2018$5,056,23423%$1,022,26423%$73,001,4266%
2017$4,097,00434%$833,05825%$69,001,8775%
2016$3,053,85510%$667,8836%$65,703,5104%
2015$2,785,68228%$711,3642343%$63,317,5383%
2014$3,891,36228%$29,11710%$61,243,2207%
2013$5,403,47838%$32,45311%$57,380,97510%
2012$3,924,61831%$29,20642%$52,011,0568%
2011$2,991,749$50,583$48,114,538

Frequently Asked Questions

What does Ovec-ikec Union Retiree Medical Tr do?

Ovec-ikec Union Retiree Medical 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 Union Retiree Medical Tr financially healthy?

Based on our 9-metric Financial Health Score model, Ovec-ikec Union Retiree Medical Tr has a score of 73/100 (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 Union Retiree Medical Tr generate?

Ovec-ikec Union Retiree Medical Tr reports $5.6M in annual revenue and holds $89.4M in total assets, based on IRS filings.

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