YMutual & Membership BenefitEIN: 206907686· Ruling Year: 2008

Nisource Non-union Life And Medical Benefits Veba Trust

Merrillville, Indiana

B-Health Score
52B-

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

Working Capital Ratio (net assets ÷ expenses)

This Org5.94×
Peer Median29.60×
💰
$5.1M
Total Revenue
📊
$10.4M
Total Expenses
🏦
$61.9M
Net Assets
📋
$83K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+2363.2%
Year-over-year change (2022 → 2023)
Net Margin
-103.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
5.94
Net assets divided by total expenses
Liabilities-to-Assets
0.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$5,111,9992363%$10,417,41822%$62,001,7262%
2022$207,53597%$8,507,84722%$63,217,39421%
2021$7,826,73620%$10,946,53038%$79,907,8944%
2020$6,522,29934%$7,933,52717%$83,417,7633%
2019$4,875,79710%$6,809,1865%$80,603,3096%
2018$5,395,06046%$7,194,27814%$76,187,47912%
2017$9,909,72166%$6,306,5564%$86,105,6218%
2016$5,978,0533%$6,082,3883%$79,518,41771%
2015$6,162,2706%$6,279,54728%$46,631,13051%
2014$5,790,017191%$8,681,935475%$95,601,055116%
2013$1,986,64752%$1,510,3791%$44,257,77614%
2012$1,308,60015%$1,491,52019%$38,794,5249%
2011$1,543,126$1,848,781$35,623,359

Frequently Asked Questions

What does Nisource Non-union Life And Medical Benefits Veba Trust do?

Nisource Non-union Life And Medical Benefits Veba Trust is a mutual & membership benefit nonprofit organization based in Indiana. It is classified under NTEE code Y43 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Nisource Non-union Life And Medical Benefits Veba Trust financially healthy?

Based on our 9-metric Financial Health Score model, Nisource Non-union Life And Medical Benefits Veba Trust has a score of 52/100 (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 Nisource Non-union Life And Medical Benefits Veba Trust generate?

Nisource Non-union Life And Medical Benefits Veba Trust reports $8.3M in annual revenue and holds $62.1M in total assets, based on IRS filings.

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