Nisource Non-union Life and Medical Benefits Veba Trust
Only null% goes to programs Strong reserves
Nisource Non-union Life and Medical Benefits Veba Trust is a 501(c)(9) organization based in Merrillville, Indiana, registered in 2008, with $8,302,871 in FY2024 revenue. CharityIndex grades it C+.
801 E 86th Ave, Merrillville, IN, 46410 EIN 20-6907686 Since 2008
Revenue (FY2024)
$8.3M
▲ 62.4% vs prior year
Membership median: $185K
Expenses (FY2024)
$8.5M
Net assets
$62.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Nisource Non-union Life and Medical Benefits Veba Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating88 mo reserves · -2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Nisource Non-union Life and Medical Benefits Veba Trust: 88 mo reserves · -2% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Nisource Non-union Life and Medical Benefits Veba Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Nisource Non-union Life and Medical Benefits Veba Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 801 E 86th Ave, Merrillville, IN, 46410
- City
- Merrillville
- State
- Indiana
- Category
- Mutual & Membership Benefit
- Subcategory
- Fraternal Societies
Financial trends
Revenue grew from $2.0M (FY2013) to $8.3M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $82KNet assets $62.1M
Operating margin
-2.2%
Spent more than it raised in the latest fiscal year.
Total assets
$62.1M
Total liabilities
$82K
Net assets
$62.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $8,302,871▲62.4% | $8,486,628▼18.5% | $62,050,716▲0.2% | $62,132,749▲0.2% | 990 |
| 2023 | $5,111,999▲2363% | $10,417,418▲22.4% | $61,918,252▼1.9% | $62,001,726▼1.9% | 990 |
| 2022 | $207,535▼97.3% | $8,507,847▼22.3% | $63,135,547▼20.6% | $63,217,394▼20.9% | 990 |
| 2021 | $7,826,736▲20.0% | $10,946,530▲38.0% | $79,555,414▼4.5% | $79,907,894▼4.2% | 990 |
| 2020 | $6,522,299▲33.8% | $7,933,527▲16.5% | $83,324,107▲3.5% | $83,417,763▲3.5% | 990 |
| 2019 | $4,875,797▼9.6% | $6,809,186▼5.4% | $80,495,938▲5.8% | $80,603,309▲5.8% | 990 |
| 2018 | $5,395,060▼45.6% | $7,194,278▲14.1% | $76,069,709▼10.9% | $76,187,479▼11.5% | 990 |
| 2017 | $9,909,721▲65.8% | $6,306,556▲3.7% | $85,367,256▲10.9% | $86,105,621▲8.3% | 990 |
| 2016 | $5,978,053▼3.0% | $6,082,388▼3.1% | $76,963,554▲67.6% | $79,518,417▲70.5% | 990 |
| 2015 | $6,162,270▲210% | $6,279,547▲316% | $45,928,445▲3.9% | $46,631,130▲5.4% | 990 |
| 2013 | $1,986,647 | $1,510,379▲1.3% | $44,222,198▲14.1% | $44,257,776▲14.1% | 990 |
| 2012 | — | $1,491,520▼19.3% | $38,757,272▲8.9% | $38,794,524▲8.9% | 990 |
| 2011 | — | $1,848,781▲48.0% | $35,586,373▼4.0% | $35,623,359▼4.0% | 990 |
| 2010 | — | $1,249,593 | $37,083,888 | $37,122,283 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Compare Nisource Non-union Life and Medical Benefits Veba Trust
Frequently asked questions
- Is Nisource Non-union Life and Medical Benefits Veba Trust a legitimate nonprofit?
- Yes. Nisource Non-union Life and Medical Benefits Veba Trust is a 501(c)(9) organization registered with the U.S. Internal Revenue Service under EIN 20-6907686, based in Merrillville, Indiana.
- What is Nisource Non-union Life and Medical Benefits Veba Trust's EIN?
- Nisource Non-union Life and Medical Benefits Veba Trust's Employer Identification Number (EIN) is 20-6907686.
- How much revenue does Nisource Non-union Life and Medical Benefits Veba Trust report?
- Nisource Non-union Life and Medical Benefits Veba Trust reported $8,302,871 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Nisource Non-union Life and Medical Benefits Veba Trust have?
- CharityIndex grades Nisource Non-union Life and Medical Benefits Veba Trust C+, based on financial health (reserves and operating margin).
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Data for Nisource Non-union Life and Medical Benefits Veba Trust (EIN 20-6907686) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.