Civic Intelligence

Ipalco Enterprises Inc Voluntary Employee Beneficiary Assoc Trust

EIN 35-1946825 • 501(c)9 • Indianapolis, IN

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Provide post-retirement medical benefits to eligible retirees and their dependents.

107 N Pennsylvania St Suite 500Indianapolis, IN 46204

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

32nd percentile

0.00x

Higher debt load relative to assets than 32% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

52nd percentile

0.05x

Higher debt load relative to revenue than 52% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Source year 2024

Net Margin

64th percentile

11%

Higher net margin than 64% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

38th percentile

$0

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)9 • $50M-$100M nonprofits • Source year 2024

Asset Growth

44th percentile

5.4%

Faster asset growth than 44% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

21st percentile

-2.1%

Faster revenue growth than 21% of similar nonprofits.

501(c)9 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets32nd percentile

Assets

Up

$54,038,004

Up $2,752,012 (+5.4%) from 2023

Liabilities

Down

$161,379

Down $37,823 (-19%) from 2023

Net Assets

Up

$53,876,625

Up $2,789,835 (+5.5%) from 2023

Operations
Liabilities / Revenue52nd percentileNet Margin64th percentile

Revenue

Down

$2,941,946

Down $62,247 (-2.1%) from 2023

Expenses

Up

$2,605,181

Up $65,533 (+2.6%) from 2023

Net Income

Down

$336,765

Down $127,780 (-28%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth44th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80M$60M$40M$20M$0Assets 2010: $72,168,854Liabilities 2010: $917,367Net Assets 2010: $71,251,4872010Assets 2011: $65,037,702Liabilities 2011: $619,292Net Assets 2011: $64,418,4102011Assets 2012: $66,085,602Liabilities 2012: $651,048Net Assets 2012: $65,434,5542012Assets 2013: $69,294,317Liabilities 2013: $920,272Net Assets 2013: $68,374,0452013Assets 2014: $66,579,224Liabilities 2014: $1,238,660Net Assets 2014: $65,340,5642014Assets 2015: $61,225,873Liabilities 2015: $1,241,671Net Assets 2015: $59,984,2022015Assets 2016: $58,280,859Liabilities 2016: $793,858Net Assets 2016: $57,487,0012016Assets 2017: $62,064,863Liabilities 2017: $611,061Net Assets 2017: $61,453,8022017Assets 2018: $54,337,187Liabilities 2018: $657,343Net Assets 2018: $53,679,8442018Assets 2019: $58,784,969Liabilities 2019: $508,368Net Assets 2019: $58,276,6012019Assets 2020: $61,847,448Liabilities 2020: $929,293Net Assets 2020: $60,918,1552020Assets 2021: $63,954,238Liabilities 2021: $575,272Net Assets 2021: $63,378,9662021Assets 2022: $48,084,701Liabilities 2022: $1,028,953Net Assets 2022: $47,055,7482022Assets 2023: $51,285,992Liabilities 2023: $199,202Net Assets 2023: $51,086,7902023Assets 2024: $54,038,004Liabilities 2024: $161,379Net Assets 2024: $53,876,6252024

Highlighted filing

2024

Assets$54,038,004
Liabilities$161,379
Net Assets$53,876,625
Open 2024 Filing

Operations Trend

Revenue Growth21st percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2010: $7,074,0682010Expenses 2011: $6,991,3712011Expenses 2012: $8,174,3822012Revenue 2013: $4,438,501Expenses 2013: $8,171,220Net Income 2013: -$3,732,7192013Revenue 2014: $4,666,513Expenses 2014: $7,295,409Net Income 2014: -$2,628,8962014Revenue 2015: $6,337,308Expenses 2015: $7,741,574Net Income 2015: -$1,404,2662015Revenue 2016: $6,275,935Expenses 2016: $6,691,054Net Income 2016: -$415,1192016Revenue 2017: $5,855,718Expenses 2017: $6,211,600Net Income 2017: -$355,8822017Revenue 2018: $4,916,573Expenses 2018: $5,857,201Net Income 2018: -$940,6282018Revenue 2019: $5,047,867Expenses 2019: $6,330,621Net Income 2019: -$1,282,7542019Revenue 2020: $7,621,815Expenses 2020: $6,007,619Net Income 2020: $1,614,1962020Revenue 2021: $6,244,548Expenses 2021: $5,109,410Net Income 2021: $1,135,1382021Revenue 2022: $5,227,402Expenses 2022: $5,369,624Net Income 2022: -$142,2222022Revenue 2023: $3,004,193Expenses 2023: $2,539,648Net Income 2023: $464,5452023Revenue 2024: $2,941,946Expenses 2024: $2,605,181Net Income 2024: $336,7652024

Highlighted filing

2024

Revenue$2,941,946
Expenses$2,605,181
Net Income$336,765
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$54,038,004
Liabilities
$161,379
Net assets
$53,876,625
Revenue
$2,941,946
Expenses
$2,605,181
Net income
$336,765
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$54.0$0.16$53.9$2.94$2.61$0.34
2023Detailed filing. Detailed filing data is available for this year.$51.3$0.20$51.1$3.00$2.54$0.46
2022Detailed filing. Detailed filing data is available for this year.$48.1$1.03$47.1$5.23$5.37$0.14
2021Detailed filing. Detailed filing data is available for this year.$64.0$0.58$63.4$6.24$5.11$1.14
2020Detailed filing. Detailed filing data is available for this year.$61.8$0.93$60.9$7.62$6.01$1.61
2019Detailed filing. Detailed filing data is available for this year.$58.8$0.51$58.3$5.05$6.33$1.28
2018Detailed filing. Detailed filing data is available for this year.$54.3$0.66$53.7$4.92$5.86$0.94
2017Detailed filing. Detailed filing data is available for this year.$62.1$0.61$61.5$5.86$6.21$0.36
2016Detailed filing. Detailed filing data is available for this year.$58.3$0.79$57.5$6.28$6.69$0.42
2015Detailed filing. Detailed filing data is available for this year.$61.2$1.24$60.0$6.34$7.74$1.40
2014Detailed filing. Detailed filing data is available for this year.$66.6$1.24$65.3$4.67$7.30$2.63
2013Detailed filing. Detailed filing data is available for this year.$69.3$0.92$68.4$4.44$8.17$3.73
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$66.1$0.65$65.4$8.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$65.0$0.62$64.4$6.99
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$72.2$0.92$71.3$7.07
Peer Organizations

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