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 $3.4M in annual revenue and holds $86.2M in total assets, based on IRS filings.

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