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.
Executive compensation
Form 990 · Schedule J · 1 reported individual · Filing year 2024
| Position | Total |
|---|---|
Trustee board member | $23k $25k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 6 unpaid individuals.
Up 67%
from 2023
From $14k in 2023 to $23k in 2024.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Revenue and expenses over time
OVEC-IKEC UNION RETIREE MEDICAL TRUST reported revenue and expenses across 2 filing years.
What Mutual & Membership Benefit executives earn
Comparable mutual & membership benefit organizations nationwide pay their highest-earning executive a median of $19,468.
These are mutual & membership benefit sector-wide figures, not this organization's reported pay. Based on 294 organizations across 294 filings (2021 – 2023).
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