NonprofitsColorado Insurance Guaranty Assn

Colorado Insurance Guaranty Assn

DENVER, CO

Total revenue

$3.9M

Total expenses

$1.7M

Net assets

$90.4M

Grants received

EIN

237293721

Tax year

2024

Mission

To efficiently pay covered claims of policyholders and claimants of insolvent property and casualty insurers according to Colorado's guaranty act in cooperation with regulators and receivers, while responsibly managing the funds of the association.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$459K
Investment income$3.4M
Other revenue
Total revenue$3.9M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$1.7M
Total expenses$1.7M
Total assets$90.4M
Net assets$90.4M

People

7 listed

NameRoleCompensation

Farmers Insurance Group rep Kim Decker

Board Chair

Board

1 hrs/wk

Allstate Insurance rep Amy Diaconu

Board Vice Chair

Board

1 hrs/wk

Employers Mutual Companies rep Gary Alford

Board Member

Board

1 hrs/wk

State Farm Insurance rep Julie Blankenship

Board Member

Board

1 hrs/wk

The Travelers rep Genus Dalton

Board Member

Board

1 hrs/wk

American Family Insurance rep Robert Nash

Board Member

Board

1 hrs/wk

Liberty Mutual rep Troy Lumaye

Board Member

Board

1 hrs/wk

Independent contractors

Learning Services Corporation

Medical

$291K

Arnold & Itkin LLP

Settlement

$150K

Details

EIN237293721
Subsection06
Ruling date1973-08
Formed1971
Employees0
Volunteers0
COLORADO INSURANCE GUARANTY ASSN — Mission, Financials & Grants Received | Grantivo