NonprofitsNational Organization Of Life And Health Insurance Guaranty Assocs

National Organization Of Life And Health Insurance Guaranty Assocs

HERNDON, VA

Total revenue

$7.5M

Total expenses

$7.5M

Net assets

$6.1M

Grants received

EIN

541827452

Tax year

2024

Mission

NOLHGA is a voluntary organization of the life and health insurance guaranty associations of all 50 states and the District of Columbia. It was principally formed for the purpose of coordinating and representing its member guaranty associations interests in multi-state insurer insolvencies.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$7.2M
Investment income$272K
Other revenue$9K
Total revenue$7.5M

Expenses

Grants paid
Salaries & benefits$5.2M
Fundraising
Other expenses$2.3M
Total expenses$7.5M
Total assets$423.2M
Net assets$6.1M

People

25 listed

NameRoleCompensation

Katharine Wade

President

Board

$649K

45 hrs/wk

William O'Sullivan

Senior Vice President General Counsel

Board

$559K

45 hrs/wk

Michael Heard

Executive Vice President Chief Operating Officer

Board

$369K

45 hrs/wk

Holly Wilding

Vice President Administrative Services

Board

$359K

45 hrs/wk

Jennifer Webb

Chief of Staff

Board

$303K

45 hrs/wk

Keith Sheridan

Vice President Accounting and Finance

Board

$302K

45 hrs/wk

Joy Higa

Chair

Board

4 hrs/wk

Julie Mix McPeak

Director

Board

4 hrs/wk

John Deitelbaum

Vice Chair

Board

4 hrs/wk

Todd Thakar

Secretary

Board

4 hrs/wk

Christine Cappiello

Treasurer

Board

4 hrs/wk

Germaine Marks

Immediate Past Chair

Board

4 hrs/wk

Amanda Barbera

MPC Chair

Board

4 hrs/wk

Richard Bowman

Director

Board

4 hrs/wk

Nancy Davenport

Director

Board

4 hrs/wk

James Frasher

Director

Board

4 hrs/wk

Eric DuPont

Director

Board

4 hrs/wk

Pamela Epp Olsen

Director

Board

4 hrs/wk

Frank Knighton Jr

Director

Board

4 hrs/wk

Joni Forsythe

Associate General Counsel

Staff

$297K

45 hrs/wk

Augusto Estrada

Director of Finance and Controller

Staff

$290K

45 hrs/wk

Michael McDonald

Senior Counsel

Staff

$275K

45 hrs/wk

Daniel Hicks

Director of Information Systems

Staff

$190K

45 hrs/wk

Sean McKenna

Director of Communications

Staff

$189K

45 hrs/wk

Peter Gallanis

President

Staff

$158K

45 hrs/wk

Independent contractors

Faegre Drinker Biddle & Reath LLP

Legal

$3.3M

Actuarial Management Resources Inc

Third Party Claims Administration

$1.2M

Strohm Ballweg LLP

Financial

$726K

Southland Benefit Solutions

Actuarial

$718K

Davies Life & Health Inc

Third Party Claims Administration

$669K

Details

EIN541827452
Subsection06
Ruling date1997-07
Formed1996
Employees20
Volunteers0
NATIONAL ORGANIZATION OF LIFE AND HEALTH INSURANCE GUARANTY ASSOCS — Mission, Financials & Grants Received | Grantivo