Y โ€” Mutual & Membership BenefitEIN: 202499297ยท 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

๐Ÿ’ฐ
$956K
Total Revenue
๐Ÿ“Š
$1.5M
Total Expenses
๐Ÿฆ
$18.8M
Net Assets
๐Ÿ“‹
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

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

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$956,171โ†‘21%$1,508,568โ†‘66%$18,840,143โ†“4%
2022$792,310โ†“48%$907,557$19,610,584โ†“1%
2021$1,523,199โ†‘21%$904,086โ†‘2%$19,725,831โ†‘3%
2020$1,255,490โ†“38%$883,950โ†‘8%$19,106,718โ†‘1%
2019$2,025,054โ†‘53%$821,968โ†‘1%$18,836,754โ†‘2%
2018$1,320,694โ†‘12%$817,001โ†‘6%$18,544,619โ†‘3%
2017$1,175,404โ†‘44%$770,999โ†‘33539%$18,049,948โ†‘2%
2016$814,816โ†‘17%$2,292โ†“80%$17,636,521โ†‘5%
2015$698,576โ†“32%$11,621โ†‘51%$16,823,995โ†‘4%
2014$1,025,850โ†“28%$7,674โ†“10%$16,137,040โ†‘7%
2013$1,425,031โ†‘38%$8,553โ†‘11%$15,118,864โ†‘10%
2012$1,029,537โ†‘29%$7,697โ†“42%$13,702,677โ†‘8%
2011$795,381$13,335$12,680,546

Frequently Asked Questions

What does Ovec Ikec Retiree Life Insurance Tr do?โ–ผ

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?โ–ผ

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?โ–ผ

Ovec Ikec Retiree Life Insurance Tr reports $862K in annual revenue and holds $18.3M in total assets, based on IRS filings.

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Ovec Ikec Retiree Life Insurance Tr โ€” Piketon, OH | GiveScope