OVEC-IKEC RETIREE LIFE INSURANCE TRUST is a nonprofit organization categorized as Public Charity based in PIKETON, OH. Its most recent IRS filing (2024) reports revenue of $862K, expenses of $1.4M, total assets of $18.3M.
THE PRIMARY PURPOSE OF THE TRUST IS TO RECEIVE AND HOLD PAYMENTS FOR THE PROVISION OF LIFE INSURANCE BENEFITS UNDER THE PLAN(S) ESTABLISHED FOR CURRENT AND FUTURE RETIREES OF THE OHIO VALLEY ELECTRIC CORPORATION AND INDIANA-KENTUCKY ELECTRIC CORPORATION.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $862K | $1.4M | $18.3M |
| 2023 | $956K | $1.5M | $18.8M |
| 2022 | $792K | $908K | $19.6M |
| 2021 | $1.5M | $904K | $19.7M |
| 2020 | $1.3M | $884K | $19.1M |
Between 2020 and 2024, reported annual revenue declined from $1.3M to $862K (-31%), with total assets most recently reported at $18.3M.
Interactive year-over-year charts and full filing details available with membership.
