OVEC-IKEC UNION RETIREE MEDICAL TRUST is a nonprofit organization categorized as Public Charity based in PIKETON, OH. Its most recent IRS filing (2025) reports revenue of $5.6M, expenses of $2.5M, total assets of $89.4M.
THE PRIMARY PURPOSE OF THE TRUST IS TO RECEIVE AND HOLD PAYMENTS FOR THE PROVISION OF MEDICAL BENEFITS UNDER THE PLAN(S) ESTABLISHED FOR CURRENT AND FUTURE RETIREES OF THE OHIO VALLEY ELECTRIC CORPORATION AND INDIANA-KENTUCKY ELECTRIC CORPORATION WHO ARE COVERED BY CERTAIN COLLECTIVE BARGAINING AGREEMENTS AND THEIR DEPENDENTS.
How Ovec-Ikec Union Retiree Medical Trust divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
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.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $5.6M | $2.5M | $89.4M |
| 2024 | $3.4M | $2.1M | $86.2M |
| 2023 | $3.8M | $3.6M | $84.9M |
| 2022 | $3.4M | $1.6M | $84.8M |
| 2021 | $6.3M | $1.9M | $83.0M |
Between 2021 and 2025, reported annual revenue declined from $6.3M to $5.6M (-11%), with total assets most recently reported at $89.4M.
Interactive year-over-year charts and full filing details available with membership.
