NonprofitsNevada Life & Health Insurance Guaranty Association

Nevada Life & Health Insurance Guaranty Association

ROSEVILLE, CA

Total revenue

$7.1M

Total expenses

$5.4M

Net assets

$17.6M

Grants received

EIN

942428532

Tax year

2024

Mission

To provide protection to Nevada resident policyholders and their beneficiaries in the event of the insolvency of the insurance company that issued their life, health or annuity insurance policy.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$6.6M
Investment income$452K
Other revenue
Total revenue$7.1M

Expenses

Grants paid
Salaries & benefits$597K
Fundraising
Other expenses$427K
Total expenses$5.4M
Total assets$17.9M
Net assets$17.6M

People

13 listed

NameRoleCompensation

Todd Thakar The Thakar Group

Executive Director

Board

$479K

40 hrs/wk

Jack Kim

Director, Chairman of the Board

Board

1 hrs/wk

Dana Bennett

Director

Board

0.1 hrs/wk

Aetna Life Insurance Company

Director

Board

0.1 hrs/wk

Sierra Health & Life Insurance Company

Director

Board

0.1 hrs/wk

State Farm Life Insurance Company

Director

Board

0.1 hrs/wk

Lincoln National Life Insurance Company

Director

Board

0.1 hrs/wk

Pacific Guardian Life Insurance Company

Director

Board

0.1 hrs/wk

HMO Colorado

Director

Board

0.1 hrs/wk

Guardian Life Insurance Company of America (The)

Director

Board

0.1 hrs/wk

Prominence Health First

Director

Board

0.1 hrs/wk

Eric DuPont

Vice Chairman of the Board of Directors

Board

1 hrs/wk

Kenneth Whitehair

Secretary/Treasurer

Board

1 hrs/wk

Details

EIN942428532
Subsection06
Ruling date1978-02
Formed1975
Employees0
Volunteers0
NEVADA LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION — Mission, Financials & Grants Received | Grantivo