Y — Mutual & Membership BenefitEIN: 202499420· Ruling Year: 2006

Ovec-ikec Retiree Medical Tr

Piketon, Ohio

B-Health Score
54B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

How This Organization Compares

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

💰
$1.4M
Total Revenue
📊
$4.1M
Total Expenses
🏦
$25.6M
Net Assets
📋
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-15.0%
Year-over-year change (2022 → 2023)
Net Margin
-190.2%
Revenue minus expenses as % of revenue

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,395,591↓15%$4,050,396↑109%$25,570,720↓9%
2022$1,641,055↓26%$1,936,763↓37%$28,225,525↓1%
2021$2,232,333↑110%$3,053,310↑1%$28,521,233↓3%
2020$1,062,461↓35%$3,010,649↑30%$29,342,210↓6%
2019$1,645,701$2,320,968↑1858%$31,291,928↓2%
2018$1,647,802↑46%$118,530↓36%$31,965,665↑5%
2017$1,129,934↓22%$184,042↑11%$30,436,393↑3%
2016$1,441,508↑17%$165,940↑145%$29,490,501↑5%
2015$1,236,677↓3%$67,719↓58%$28,214,933↑4%
2014$1,272,625↓57%$160,445↑647%$27,042,640↑4%
2013$2,990,722↑45%-$29,310↓104%$25,930,460↑13%
2012$2,057,926↓46%$801,224↑4390%$22,910,428↑174%
2011$3,785,885$17,845$8,351,973

Frequently Asked Questions

What does Ovec-ikec Retiree Medical Tr do?▼

Ovec-ikec 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 Retiree Medical Tr financially healthy?▼

Based on our 9-metric Financial Health Score model, Ovec-ikec Retiree Medical Tr has a score of 54/100 (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 Medical Tr generate?▼

Ovec-ikec Retiree Medical Tr reports $1.8M in annual revenue and holds $22.7M in total assets, based on IRS filings.

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