Nisource Union Life Insurance Benefits Veba Trust
Merrillville, Indiana
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
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,161,460↑12% | $1,984,045↓19% | $44,714,420↑9% | — |
| 2022 | $1,926,734↓40% | $2,460,557↑40% | $40,957,085↓20% | — |
| 2021 | $3,190,643↑23% | $1,752,510↑3% | $51,382,949↑7% | — |
| 2020 | $2,602,164↑20% | $1,700,721↓28% | $48,085,910↑13% | — |
| 2019 | $2,173,344↑22% | $2,352,224↓12% | $42,624,622↑14% | — |
| 2018 | $1,777,524↓38% | $2,677,642↑2% | $37,433,541↓10% | — |
| 2017 | $2,865,247↓6% | $2,630,974↑15% | $41,778,412↑9% | — |
| 2016 | $3,056,218↓39% | $2,282,808↓43% | $38,302,998↓42% | — |
| 2015 | $5,026,651↓65% | $4,010,155↓25% | $66,332,783↓50% | — |
| 2014 | $14,258,677↑1747% | $5,359,219↑1238% | $132,824,813↑564% | — |
| 2013 | $771,852↑33% | $400,395↓3% | $19,995,000↑15% | — |
| 2012 | $578,829↑31% | $414,111↑12% | $17,325,007↑12% | — |
| 2011 | $442,208 | $368,979 | $15,461,836 | — |
Frequently Asked Questions
What does Nisource Union Life Insurance Benefits Veba Trust do?▼
Nisource Union Life Insurance 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 Life Insurance Benefits Veba Trust financially healthy?▼
Based on our 9-metric Financial Health Score model, Nisource Union Life Insurance Benefits Veba Trust has a score of 66/100 (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 Life Insurance Benefits Veba Trust generate?▼
Nisource Union Life Insurance Benefits Veba Trust reports $3.5M in annual revenue and holds $47.3M in total assets, based on IRS filings.
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