NonprofitsAlabama Life & Disability Insurance Guaranty Assoc

Alabama Life & Disability Insurance Guaranty Assoc

BIRMINGHAM, AL

Total revenue

$46.8M

Total expenses

$17.7M

Net assets

Grants received

EIN

630960930

Tax year

2024

Mission

Providing payments to or on behalf of policyholders of insolvent insurance companies & providing continued coverage for policyholders by negotiating reinsurance agreements or providing administrative services.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$1.1M
Investment income$249K
Other revenue$45.4M
Total revenue$46.8M

Expenses

Grants paid
Salaries & benefits$287K
Fundraising
Other expenses$17.4M
Total expenses$17.7M
Total assets$49.2M
Net assets

People

10 listed

NameRoleCompensation

DOTTY STILL

EXECUTIVE DIRECTOR

Board

$169K

40 hrs/wk

PROTECTIVE LIFE MARY PAT LAWRENCE

VICE CHAIR (11 MO)

Board

2 hrs/wk

PROTECTIVE LIFE LYDIA MESSINA

VICE CHAIR (1 MO)

Board

2 hrs/wk

LIFE INS CO OF AL CLARENCE DAUGETTE

SECRETARY/TREASURER

Board

1 hrs/wk

LIBERTY NATL LIFE JENNIFER DELGIORN

DIRECTOR

Board

1 hrs/wk

ALFA LIFE INS SID BELCHER

CHAIRMAN

Board

2 hrs/wk

AMERICAN GEN LIFE INSTED KENNEDY

DIRECTOR (11 MO)

Board

1 hrs/wk

UNTD HLTH CARE LIFE SHERRY GILLESPI

DIRECTOR

Board

1 hrs/wk

METROPOLITAN LIFE BERNADETTE FLYNN

DIRECTOR

Board

1 hrs/wk

AMERICAN GEN LIFE INS TOM GLASSON

DIRECTOR (1 MO)

Board

1 hrs/wk

Independent contractors

NORTH CAROLINA MUTUAL INS CO

CLAIMS PAID

$13.1M

SOUTHLAND BENEFIT SOLUTIONS

TPA CLAIMS PAID AND EXPENSES

$1.9M

NOLHGA

TPA CLAIMS PAID & DATA SURVEY

$1.5M

ACTUARIAL MANAGEMENT RESOURCES INC

TPA CLAIMS PAID AND EXPENSES

$375K

Details

EIN630960930
Subsection06
Ruling date1996-03
Formed1982
Employees2
Volunteers0
ALABAMA LIFE & DISABILITY INSURANCE GUARANTY ASSOC — Mission, Financials & Grants Received | Grantivo