Y โ€” Mutual & Membership BenefitEIN: 202499420ยท Ruling Year: 2006

Ovec-ikec Retiree Medical Tr

Piketon, Ohio

B-Health Score
54B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

How This Organization Compares

Compared to 2 peers in Mutual & Membership Benefit with $1M-$10M revenue

๐Ÿ’ฐ
$1.4M
Total Revenue
๐Ÿ“Š
$4.1M
Total Expenses
๐Ÿฆ
$25.6M
Net Assets
๐Ÿ“‹
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-15.0%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-190.2%
Revenue minus expenses as % of revenue

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,395,591โ†“15%$4,050,396โ†‘109%$25,570,720โ†“9%
2022$1,641,055โ†“26%$1,936,763โ†“37%$28,225,525โ†“1%
2021$2,232,333โ†‘110%$3,053,310โ†‘1%$28,521,233โ†“3%
2020$1,062,461โ†“35%$3,010,649โ†‘30%$29,342,210โ†“6%
2019$1,645,701$2,320,968โ†‘1858%$31,291,928โ†“2%
2018$1,647,802โ†‘46%$118,530โ†“36%$31,965,665โ†‘5%
2017$1,129,934โ†“22%$184,042โ†‘11%$30,436,393โ†‘3%
2016$1,441,508โ†‘17%$165,940โ†‘145%$29,490,501โ†‘5%
2015$1,236,677โ†“3%$67,719โ†“58%$28,214,933โ†‘4%
2014$1,272,625โ†“57%$160,445โ†‘647%$27,042,640โ†‘4%
2013$2,990,722โ†‘45%-$29,310โ†“104%$25,930,460โ†‘13%
2012$2,057,926โ†“46%$801,224โ†‘4390%$22,910,428โ†‘174%
2011$3,785,885$17,845$8,351,973

Frequently Asked Questions

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

Ovec-ikec 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 Retiree Medical Tr financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Ovec-ikec Retiree Medical Tr has a score of 54/100 (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 Medical Tr generate?โ–ผ

Ovec-ikec Retiree Medical Tr reports $1.8M in annual revenue and holds $22.7M in total assets, based on IRS filings.

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