NonprofitsMassachusetts Life And Health Insurance Guaranty Association

Mutual & Membership Benefit

Massachusetts Life And Health Insurance Guaranty Association

SPRINGFIELD, MA

Total revenue

$120.7M

Total expenses

$133.0M

Net assets

$5.9M

Grants received

EIN

222994116

Tax year

2024

Mission

To pay claims against insolvent insurance companies licensed to transact life and health insurance in the commonwealth of massachusetts.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$119.9M
Investment income$764K
Other revenue$154
Total revenue$120.7M

Expenses

Grants paid
Salaries & benefits$121K
Fundraising
Other expenses$132.8M
Total expenses$133.0M
Total assets$138.7M
Net assets$5.9M

People

14 listed

NameRoleCompensation

WILLIAM B FISHER ESQUIRE

EXECUTIVE DIRECTOR

Board

$121K

15 hrs/wk

JOHN DEITELBAUM

CHAIR

Board

1 hrs/wk

RICHARD P BOWMAN ESQUIRE

SECRETARY/TREASURER

Board

1 hrs/wk

GRANT WARD

VICE CHAIR

Board

1 hrs/wk

SARAH JAMES

ASSISTANT SECRETARY

Board

1 hrs/wk

METROPOLITAN LIFE INSURANCE CO

DIRECTOR

Board

1 hrs/wk

PAUL REVERE LIFE INSURANCE CO

DIRECTOR

Board

1 hrs/wk

PRINCIPAL LIFE INSURANCE CO

DIRECTOR

Board

1 hrs/wk

JOHN HANCOCK LIFE INSURANCE CO

DIRECTOR

Board

1 hrs/wk

UNITEDHEALTHCARE INSURANCE CO

DIRECTOR

Board

1 hrs/wk

SAVINGS BANK MUTUAL LIFE INS CO

DIRECTOR

Board

1 hrs/wk

MASS MUTUAL LIFE INS CO

DIRECTOR

Board

1 hrs/wk

BOSTON MUTUAL LIFE INSURANCE CO

DIRECTOR

Board

1 hrs/wk

NEW YORK LIFE INSURANCE COMPANY

DIRECTOR

Board

1 hrs/wk

Independent contractors

WILLIAM B FISHER

EXECUTIVE DIRECTOR

$121K

Details

EIN222994116
NTEE codeY20Z
Subsection06
Ruling date0000-00
Formed1986
Employees0
Volunteers0
MASSACHUSETTS LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION — Mission, Financials & Grants Received | Grantivo