YMutual & Membership BenefitEIN: 202499297· Ruling Year: 2006

Ovec-ikec Retiree Life Insurance Tr

Piketon, Ohio

B+Health Score
68B+

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

💰
$956K
Total Revenue
📊
$1.5M
Total Expenses
🏦
$18.8M
Net Assets
📋
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+20.7%
Year-over-year change (2022 → 2023)
Net Margin
-57.8%
Revenue minus expenses as % of revenue

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$956,17121%$1,508,56866%$18,840,1434%
2022$792,31048%$907,557$19,610,5841%
2021$1,523,19921%$904,0862%$19,725,8313%
2020$1,255,49038%$883,9508%$19,106,7181%
2019$2,025,05453%$821,9681%$18,836,7542%
2018$1,320,69412%$817,0016%$18,544,6193%
2017$1,175,40444%$770,99933539%$18,049,9482%
2016$814,81617%$2,29280%$17,636,5215%
2015$698,57632%$11,62151%$16,823,9954%
2014$1,025,85028%$7,67410%$16,137,0407%
2013$1,425,03138%$8,55311%$15,118,86410%
2012$1,029,53729%$7,69742%$13,702,6778%
2011$795,381$13,335$12,680,546

Frequently Asked Questions

What does Ovec-ikec Retiree Life Insurance Tr do?

Ovec-ikec Retiree Life Insurance 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 Life Insurance Tr financially healthy?

Based on our 9-metric Financial Health Score model, Ovec-ikec Retiree Life Insurance Tr has a score of 68/100 (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 Life Insurance Tr generate?

Ovec-ikec Retiree Life Insurance Tr reports $1.3M in annual revenue and holds $18.3M in total assets, based on IRS filings.

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