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 | $3,772,268↑11% | $3,592,216↑125% | $84,911,170 | |
| 2022 | $3,402,152↓46% | $1,595,680↓17% | $84,804,109↑2% | — |
| 2021 | $6,330,426↑40% | $1,928,870↑14% | $82,997,637↑6% | — |
| 2020 | $4,521,262↑23% | $1,697,072↑89% | $78,596,081↑3% | — |
| 2019 | $3,668,844↓27% | $898,379↓12% | $76,181,354↑4% | — |
| 2018 | $5,056,234↑23% | $1,022,264↑23% | $73,001,426↑6% | — |
| 2017 | $4,097,004↑34% | $833,058↑25% | $69,001,877↑5% | — |
| 2016 | $3,053,855↑10% | $667,883↓6% | $65,703,510↑4% | — |
| 2015 | $2,785,682↓28% | $711,364↑2343% | $63,317,538↑3% | — |
| 2014 | $3,891,362↓28% | $29,117↓10% | $61,243,220↑7% | — |
| 2013 | $5,403,478↑38% | $32,453↑11% | $57,380,975↑10% | — |
| 2012 | $3,924,618↑31% | $29,206↓42% | $52,011,056↑8% | — |
| 2011 | $2,991,749 | $50,583 | $48,114,538 | — |
Frequently Asked Questions
What does Ovec Ikec Union Retiree Medical Tr do?▼
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?▼
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?▼
Ovec Ikec Union Retiree Medical Tr reports $3.4M in annual revenue and holds $86.2M in total assets, based on IRS filings.
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