NonprofitsLtc Reinsurance Pcc

Community Improvement & Capacity Building

Ltc Reinsurance Pcc

WASHINGTON, DC

Total revenue

Total expenses

Net assets

$15.4M

Grants received

EIN

820648671

Tax year

2024

Mission

Ltc re is a protected cell captive insurance company formed by the national organization of life and health guaranty associations, whose members are life and health insurance state guaranty associations affected by the insolvency of penn treaty network america insurance company and/or its wholly owned subsidiary, american network insurance company. The members reinsure their obligations to ltc re to service the covered policyholders.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income$78.1M
Other revenue
Total revenue

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses
Total expenses
Total assets$1.7B
Net assets$15.4M

People

16 listed

NameRoleCompensation

ERIC RANGEN

PRESIDENT

Board

2 hrs/wk

KATHARINE WADE

SECRETARY

Board

1 hrs/wk

RUSSELL SMITH

TREASURER

Board

1 hrs/wk

CHARLES GULLICKSON

SECURITY & PRIVACY OFFICER

Board

1 hrs/wk

AARON BALL

DIRECTOR (TO FEB '24)

Board

1 hrs/wk

AMANDA BARBERA

DIRECTOR (FROM OCT '24)

Board

1 hrs/wk

JEFFREY BELIGOTTI

DIRECTOR (FROM FEB '24)

Board

1 hrs/wk

RENEE CIESLUKOWSKI

DIRECTOR (FROM AUG '24)

Board

1 hrs/wk

NANCY MARGOLIS

DIRECTOR

Board

1 hrs/wk

FRANK MELACCIO

DIRECTOR

Board

1 hrs/wk

DENISE MERIDITH

DIRECTOR

Board

1 hrs/wk

MARGARET SPERRY

DIRECTOR (TO OCT '24)

Board

1 hrs/wk

LILLIAN SUTTON

DIRECTOR

Board

1 hrs/wk

JAMES YABLECKI

DIRECTOR (TO AUG '24)

Board

1 hrs/wk

BRENDA CUSHING

CHIEF FINANCIAL OFFICER

Board

8 hrs/wk

JODI ANATOLE

CHIEF OPERATING OFFICER

Board

7 hrs/wk

Independent contractors

DAVIES LIFE & HEALTH INC

THIRD PARTY ADMIN/ACCOUNTING

$7.5M

WELLINGTON MANAGEMENT COMPANY LLP

INVESTMENT MANAGEMENT

$1.3M

FAEGRE DRINKER BIDDLE & REATH LLP

LEGAL/COMPLIANCE SERVICES

$564K

ILLUMIFIN CORPORATION

ACTUARIAL SERVICES

$425K

BC CONSULTING LLC

CFO MANAGEMENT SERVICES

$211K

Details

EIN820648671
NTEE codeS40
Subsection06
Ruling date2017-03
Formed2016
Employees0
Volunteers20
LTC REINSURANCE PCC — Mission, Financials & Grants Received | Grantivo