Y — Mutual & 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$956,171↑21%$1,508,568↑66%$18,840,143↓4%
2022$792,310↓48%$907,557$19,610,584↓1%
2021$1,523,199↑21%$904,086↑2%$19,725,831↑3%
2020$1,255,490↓38%$883,950↑8%$19,106,718↑1%
2019$2,025,054↑53%$821,968↑1%$18,836,754↑2%
2018$1,320,694↑12%$817,001↑6%$18,544,619↑3%
2017$1,175,404↑44%$770,999↑33539%$18,049,948↑2%
2016$814,816↑17%$2,292↓80%$17,636,521↑5%
2015$698,576↓32%$11,621↑51%$16,823,995↑4%
2014$1,025,850↓28%$7,674↓10%$16,137,040↑7%
2013$1,425,031↑38%$8,553↑11%$15,118,864↑10%
2012$1,029,537↑29%$7,697↓42%$13,702,677↑8%
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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