NonprofitsMontana Insurance Guaranty Association

Montana Insurance Guaranty Association

DENVER, CO

Total revenue

$2.1M

Total expenses

$3.6M

Net assets

$14.4M

Grants received

EIN

237334849

Tax year

2024

Mission

To efficiently pay covered claims of policyholders and claimants of insolvent property and casualty insurers according to Montana'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$1.5M
Investment income$548K
Other revenue
Total revenue$2.1M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$3.6M
Total expenses$3.6M
Total assets$14.4M
Net assets$14.4M

People

7 listed

NameRoleCompensation

Farmers Union Mutual rep Kerri Bekker

Board Chair

Board

1 hrs/wk

Mountain West Farm Bureau rep Ruben Dominguez

Board Vice Chair

Board

1 hrs/wk

Farmers Insurance rep Kim Decker

Board Member

Board

1 hrs/wk

Liberty Mutual rep Brenda Miller

Board Member

Board

1 hrs/wk

State Farm Insurance rep David Jensen

Board Member

Board

1 hrs/wk

Scott Tuxbury Public Representative

Board Member

Board

1 hrs/wk

Andrew Brekke Public Representative

Board Member

Board

1 hrs/wk

Independent contractors

Corvel Healthcare Corporation

Medical

$170K

Details

EIN237334849
Subsection06
Ruling date1974-01
Formed1971
Employees0
Volunteers0
MONTANA INSURANCE GUARANTY ASSOCIATION — Mission, Financials & Grants Received | Grantivo