Y โ€” Mutual & Membership BenefitEIN: 202499367ยท Ruling Year: 2006

Ovec-ikec Union Retiree Medical Tr

Piketon, Ohio

B+Health Score
73B+

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

๐Ÿ’ฐ
$3.8M
Total Revenue
๐Ÿ“Š
$3.6M
Total Expenses
๐Ÿฆ
$84.9M
Net Assets
๐Ÿ“‹
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+10.9%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+4.8%
Revenue minus expenses as % of revenue

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,772,268โ†‘11%$3,592,216โ†‘125%$84,911,170
2022$3,402,152โ†“46%$1,595,680โ†“17%$84,804,109โ†‘2%
2021$6,330,426โ†‘40%$1,928,870โ†‘14%$82,997,637โ†‘6%
2020$4,521,262โ†‘23%$1,697,072โ†‘89%$78,596,081โ†‘3%
2019$3,668,844โ†“27%$898,379โ†“12%$76,181,354โ†‘4%
2018$5,056,234โ†‘23%$1,022,264โ†‘23%$73,001,426โ†‘6%
2017$4,097,004โ†‘34%$833,058โ†‘25%$69,001,877โ†‘5%
2016$3,053,855โ†‘10%$667,883โ†“6%$65,703,510โ†‘4%
2015$2,785,682โ†“28%$711,364โ†‘2343%$63,317,538โ†‘3%
2014$3,891,362โ†“28%$29,117โ†“10%$61,243,220โ†‘7%
2013$5,403,478โ†‘38%$32,453โ†‘11%$57,380,975โ†‘10%
2012$3,924,618โ†‘31%$29,206โ†“42%$52,011,056โ†‘8%
2011$2,991,749$50,583$48,114,538

Frequently Asked Questions

What does Ovec-ikec Union Retiree Medical Tr do?โ–ผ

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?โ–ผ

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?โ–ผ

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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Ovec-ikec Union Retiree Medical Tr โ€” Piketon, OH | GiveScope