NonprofitsLife And Health Insurance Guaranty Corporation

Life And Health Insurance Guaranty Corporation

APG, MD

Total revenue

$36.0M

Total expenses

$31.8M

Net assets

$9.5M

Grants received

EIN

521240061

Tax year

2024

Mission

Fulfills contractual obligations of insolvent life & health insurers.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$35.7M
Investment income$258K
Other revenue
Total revenue$36.0M

Expenses

Grants paid
Salaries & benefits$214K
Fundraising
Other expenses$31.6M
Total expenses$31.8M
Total assets$9.5M
Net assets$9.5M

People

11 listed

NameRoleCompensation

ELIZABETH HOFFMAN

EXECUTIVE DIRECTOR

Board

$175K

40 hrs/wk

AFLAC WORLDWIDE HEADQUARTERS

PRESIDENT

Board

1 hrs/wk

CAREFIRST BLUECROSS BLUESHIELD

TREASURER

Board

1 hrs/wk

BALTIMORE LIFE INSURANCE CO

SECRETARY

Board

1 hrs/wk

METROPOLITAN LIFE INSURANCE CO

INSTITUTIONAL TRUSTEE

Board

1 hrs/wk

BANNER LIFE INSURANCE COMPANY

CHAIRMAN

Board

1 hrs/wk

NEW YORK LIFE INSURANCE CO

INSTITUTIONAL TRUSTEE

Board

1 hrs/wk

GUARDIAN LIFE INS CO OF AMERICA

INSTITUTIONAL TRUSTEE

Board

1 hrs/wk

TRANSAMERICA

INSTITUTIONAL TRUSTEE

Board

1 hrs/wk

UNITEDHEALTHCARE INSURANCE CO

INSTITUTIONAL TRUSTEE

Board

1 hrs/wk

NATIONWIDE

INSTITUTIONAL TRUSTEE

Board

1 hrs/wk

Details

EIN521240061
Subsection06
Ruling date1990-10
Formed1971
Employees1
Volunteers10
LIFE AND HEALTH INSURANCE GUARANTY CORPORATION — Mission, Financials & Grants Received | Grantivo