Y — Mutual & 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$3,772,268↑11%$3,592,216↑125%$84,911,170
2022$3,402,152↓46%$1,595,680↓17%$84,804,109↑2%
2021$6,330,426↑40%$1,928,870↑14%$82,997,637↑6%
2020$4,521,262↑23%$1,697,072↑89%$78,596,081↑3%
2019$3,668,844↓27%$898,379↓12%$76,181,354↑4%
2018$5,056,234↑23%$1,022,264↑23%$73,001,426↑6%
2017$4,097,004↑34%$833,058↑25%$69,001,877↑5%
2016$3,053,855↑10%$667,883↓6%$65,703,510↑4%
2015$2,785,682↓28%$711,364↑2343%$63,317,538↑3%
2014$3,891,362↓28%$29,117↓10%$61,243,220↑7%
2013$5,403,478↑38%$32,453↑11%$57,380,975↑10%
2012$3,924,618↑31%$29,206↓42%$52,011,056↑8%
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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