Nonprofits›New Jersey Life And Health Insurance Guaranty Association

New Jersey Life And Health Insurance Guaranty Association

LINCROFT, NJ

Website

Total revenue

$33.2M

Total expenses

$38.3M

Net assets

$37.1M

Grants received

—

EIN

223165596

Tax year

2024

Mission

The NJ Life Health Insurance Guaranty Association was established by statute to provide certain protections to policyholders of impaired or insolvent insurers in accordance with NJ Statute 17B32A-1, et seq.

Financials

FY 2024

Revenue

Contributions & grants—
Program service revenue—
Investment income$2.3M
Other revenue$30.9M
Total revenue$33.2M

Expenses

Grants paid—
Salaries & benefits$246K
Fundraising—
Other expenses$38.1M
Total expenses$38.3M
Total assets$37.1M
Net assets$37.1M

People

12 listed

NameRoleCompensation

Felix Schirripa

Executive Director

Board

$145K

20 hrs/wk

NY Life Insurance R Bowman

Chair

Board

—

1 hrs/wk

United Healthcare Ins Co K Ericson

Vice-Chair

Board

—

1 hrs/wk

Prudential Financial R Quigley

Secretary

Board

—

1 hrs/wk

MassMutual E Weinstein

Treasurer

Board

—

1 hrs/wk

Lincoln Life Annuity Co R Gabriel

Director

Board

—

1 hrs/wk

John Hancock Life Ins Co T Crohan

Director

Board

—

1 hrs/wk

Horizon Healthcare Services A Walke

Director

Board

—

1 hrs/wk

Metropolitan Life Ins Co K Cutry

Director

Board

—

1 hrs/wk

Everlake Life Ins Co S Ekart

Director

Board

—

1 hrs/wk

AmeriHealth HMO Inc A Young

Director

Board

—

1 hrs/wk

Aetna Health Inc R Healy

Director

Board

—

1 hrs/wk

Details

EIN223165596
Subsection06
Ruling date1994-04
Formed1991
Employees2
NEW JERSEY LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION — Mission, Financials & Grants Received | Grantivo