NonprofitsFlorida Insurance Guaranty Association Inc

Florida Insurance Guaranty Association Inc

TALLAHASSEE, FL

Total revenue

$825.6M

Total expenses

$542.7M

Net assets

$267.0M

Grants received

EIN

591378046

Tax year

2024

Mission

To provide a mechanism for the payment of covered claims of insolvent insurers and to assist in the detection and prevention of insurer insolvencies.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income$27.5M
Other revenue$798.1M
Total revenue$825.6M

Expenses

Grants paid
Salaries & benefits$6.5M
Fundraising
Other expenses$536.2M
Total expenses$542.7M
Total assets$827.3M
Net assets$267.0M

People

15 listed

NameRoleCompensation

WILLIAM HUGHES

VICE PRESIDENT OF CLAIMS

Board

$183K

30 hrs/wk

STEVEN BROWN

CHIEF OPERATING OFFICER

Board

$167K

20 hrs/wk

COREY NEAL

EXECUTIVE DIRECTOR

Board

$130K

20 hrs/wk

CHARLES LYDECKER

DIRECTOR

Board

2 hrs/wk

KIMBERLY BLACKBURN

CHAIRMAN

Board

2 hrs/wk

TASHA CARTER

DIRECTOR

Board

2 hrs/wk

TOM GALLAGHER

DIRECTOR

Board

2 hrs/wk

BRENT BRUMMER

DIRECTOR

Board

2 hrs/wk

BENJAMIN TREUIL

DIRECTOR

Board

2 hrs/wk

JON RITCHIE

DIRECTOR

Board

2 hrs/wk

MICHAEL DOBSON

DIRECTOR

Board

2 hrs/wk

RYAN WEST

DIRECTOR

Board

2 hrs/wk

VERONICA DEGRAFF

HR DIRECTOR

Staff

$142K

30 hrs/wk

ELIZABETH FRISBIE

CONTROLLER

Staff

$136K

30 hrs/wk

ANDREW HARRIS

IT MANAGER

Staff

$134K

30 hrs/wk

Independent contractors

RIVERWOOD CLAIMS MANAGEMENT

CLAIM HANDLING SERVICES

$2.2M

FKS INSURANCE SERVICES

CLAIM HANDLING SERVICES

$1.7M

PACESETTER CLAIMS SERVICES

CLAIM HANDLING SERVICES

$1.3M

ALACRITY SOLUTIONS GROUP

CLAIM HANDLING SERVICES

$982K

MID AMERICA CATASTROPHE SERVICES

CLAIM HANDLING SERVICES

$742K

Details

EIN591378046
Subsection06
Ruling date1973-05
Formed1970
Employees24
Volunteers9
FLORIDA INSURANCE GUARANTY ASSOCIATION INC — Mission, Financials & Grants Received | Grantivo