YMutual & Membership BenefitEIN: 223203500· Ruling Year: 1994

Nisource Union Post 65 Retiree Medical Benefits Veba Trust

Merrillville, Indiana

BHealth Score
60B

Financial Health Score

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

Above Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org12.11×
Peer Median29.60×
💰
$2.2M
Total Revenue
📊
$3.3M
Total Expenses
🏦
$39.5M
Net Assets
📋
$48K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+50.9%
Year-over-year change (2022 → 2023)
Net Margin
-48.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
12.11
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$2,201,75051%$3,262,72725%$39,571,8606%
2022$1,459,02955%$2,604,38826%$37,459,37623%
2021$3,238,48029%$2,075,0897%$48,484,1677%
2020$2,506,44030%$1,933,93720%$45,489,04913%
2019$1,926,57047%$2,418,7334%$40,138,83914%
2018$1,314,35846%$2,511,67419%$35,139,91012%
2017$2,446,13414%$2,108,07010%$39,978,04611%
2016$2,833,64955%$1,924,55640%$36,117,15845%
2015$6,314,43441%$3,205,22714%$65,094,84741%
2014$10,789,98538%$2,822,54358%$111,256,45647%
2013$17,308,33425%$6,687,3172%$208,053,89520%
2012$13,798,6118%$6,558,8441%$173,399,11116%
2011$14,953,339$6,626,094$149,174,039

Frequently Asked Questions

What does Nisource Union Post 65 Retiree Medical Benefits Veba Trust do?

Nisource Union Post 65 Retiree 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 Union Post 65 Retiree Medical Benefits Veba Trust financially healthy?

Based on our 9-metric Financial Health Score model, Nisource Union Post 65 Retiree Medical Benefits Veba Trust has a score of 60/100 (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 Union Post 65 Retiree Medical Benefits Veba Trust generate?

Nisource Union Post 65 Retiree Medical Benefits Veba Trust reports $3.5M in annual revenue and holds $41.2M in total assets, based on IRS filings.

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