Public Charity

OVEC-IKEC RETIREE LIFE INSURANCE TRUST

OVEC-IKEC RETIREE LIFE INSURANCE TRUST is a nonprofit organization categorized as Public Charity based in PIKETON, OH. Its most recent IRS filing (2025) reports revenue of $1.3M, expenses of $1.2M, total assets of $18.3M.

EIN: 202499297 PIKETON, OH Voluntary Employees Beneficiary Associations (Non-Government) NTEE: Y43 Latest filing: 2025
Total Revenue$1.3M
Total Expenses$1.2M
Total Assets$18.3M
Grant Records0
Filing Years2021–2025

Mission

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.

Where $100 goes at Ovec-Ikec Retiree Life Insurance Trust

How Ovec-Ikec Retiree Life Insurance Trust divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$99 Programs the work itself
$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $99 for programs

$99
The trust continues to hold invest, reinvest it assets to accumulate amounts that will be used to provide life insurance benefits for current and retired employees (and their…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR David C Renkopf
DIRECTOR Justin J Cooper
DIRECTOR Kassandra K Martin
DIRECTOR Phillip S Mcallister
DIRECTOR Tina I Collins
DIRECTOR William A Hart

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $1.3M $1.2M $18.3M
2024 $862K $1.4M $18.3M
2023 $956K $1.5M $18.8M
2022 $792K $908K $19.6M
2021 $1.5M $904K $19.7M

Between 2021 and 2025, reported annual revenue declined from $1.5M to $1.3M (-14%), with total assets most recently reported at $18.3M.

Interactive year-over-year charts and full filing details available with membership.

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