Ovec-ikec Union Retiree Medical Tr
Piketon, Ohio
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
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $3,772,268โ11% | $3,592,216โ125% | $84,911,170 | |
| 2022 | $3,402,152โ46% | $1,595,680โ17% | $84,804,109โ2% | โ |
| 2021 | $6,330,426โ40% | $1,928,870โ14% | $82,997,637โ6% | โ |
| 2020 | $4,521,262โ23% | $1,697,072โ89% | $78,596,081โ3% | โ |
| 2019 | $3,668,844โ27% | $898,379โ12% | $76,181,354โ4% | โ |
| 2018 | $5,056,234โ23% | $1,022,264โ23% | $73,001,426โ6% | โ |
| 2017 | $4,097,004โ34% | $833,058โ25% | $69,001,877โ5% | โ |
| 2016 | $3,053,855โ10% | $667,883โ6% | $65,703,510โ4% | โ |
| 2015 | $2,785,682โ28% | $711,364โ2343% | $63,317,538โ3% | โ |
| 2014 | $3,891,362โ28% | $29,117โ10% | $61,243,220โ7% | โ |
| 2013 | $5,403,478โ38% | $32,453โ11% | $57,380,975โ10% | โ |
| 2012 | $3,924,618โ31% | $29,206โ42% | $52,011,056โ8% | โ |
| 2011 | $2,991,749 | $50,583 | $48,114,538 | โ |
Frequently Asked Questions
What does Ovec-ikec Union Retiree Medical Tr do?โผ
Ovec-ikec Union Retiree Medical 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 Union Retiree Medical Tr financially healthy?โผ
Based on our 9-metric Financial Health Score model, Ovec-ikec Union Retiree Medical Tr has a score of 73/100 (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 Union Retiree Medical Tr generate?โผ
Ovec-ikec Union Retiree Medical Tr reports $5.6M in annual revenue and holds $89.4M in total assets, based on IRS filings.
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