Y — Mutual & Membership BenefitEIN: 206907686· Ruling Year: 2008

Nisource Non-union Life And Medical Benefits Veba Trust

Merrillville, Indiana

B-Health Score
52B-

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

Working Capital Ratio (net assets ÷ expenses)

This Org5.94×
Peer Median29.60×
💰
$5.1M
Total Revenue
📊
$10.4M
Total Expenses
🏦
$61.9M
Net Assets
📋
$83K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+2363.2%
Year-over-year change (2022 → 2023)
Net Margin
-103.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
5.94
Net assets divided by total expenses
Liabilities-to-Assets
0.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$5,111,999↑2363%$10,417,418↑22%$62,001,726↓2%
2022$207,535↓97%$8,507,847↓22%$63,217,394↓21%
2021$7,826,736↑20%$10,946,530↑38%$79,907,894↓4%
2020$6,522,299↑34%$7,933,527↑17%$83,417,763↑3%
2019$4,875,797↓10%$6,809,186↓5%$80,603,309↑6%
2018$5,395,060↓46%$7,194,278↑14%$76,187,479↓12%
2017$9,909,721↑66%$6,306,556↑4%$86,105,621↑8%
2016$5,978,053↓3%$6,082,388↓3%$79,518,417↑71%
2015$6,162,270↑6%$6,279,547↓28%$46,631,130↓51%
2014$5,790,017↑191%$8,681,935↑475%$95,601,055↑116%
2013$1,986,647↑52%$1,510,379↑1%$44,257,776↑14%
2012$1,308,600↓15%$1,491,520↓19%$38,794,524↑9%
2011$1,543,126$1,848,781$35,623,359

Frequently Asked Questions

What does Nisource Non-union Life And Medical Benefits Veba Trust do?▼

Nisource Non-union Life And Medical Benefits Veba Trust is a mutual & membership benefit nonprofit organization based in Indiana. It is classified under NTEE code Y43 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Nisource Non-union Life And Medical Benefits Veba Trust financially healthy?▼

Based on our 9-metric Financial Health Score model, Nisource Non-union Life And Medical Benefits Veba Trust has a score of 52/100 (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 Nisource Non-union Life And Medical Benefits Veba Trust generate?▼

Nisource Non-union Life And Medical Benefits Veba Trust reports $8.3M in annual revenue and holds $62.1M in total assets, based on IRS filings.

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