NonprofitsNew Mexico Life Insurance Guaranty Association

New Mexico Life Insurance Guaranty Association

ALBUQUERQUE, NM

Total revenue

$3.1M

Total expenses

$593K

Net assets

$3.9M

Grants received

EIN

741936016

Tax year

2024

Mission

Benefits paid and expenses incurred to protect policy holders of insolvent insurance companies.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$3.1M
Investment income$10K
Other revenue
Total revenue$3.1M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$593K
Total expenses$593K
Total assets$3.9M
Net assets$3.9M

People

10 listed

NameRoleCompensation

ROSA G ITURBIDES

CHAIR

Board

2 hrs/wk

GERRIE MARKS

VICE-CHAIR

Board

2 hrs/wk

BOB CORN

SECRETARY

Board

2 hrs/wk

ERIC DUPONT

TREASURER

Board

2 hrs/wk

MEGAN CLAYPOOL

DIRECTOR

Board

2 hrs/wk

JOHN C COOK

DIRECTOR

Board

2 hrs/wk

DARIE JORDAN

DIRECTOR

Board

2 hrs/wk

JAMES HARRISON

DIRECTOR

Board

2 hrs/wk

MATTHEW AHMANN

DIRECTOR

Board

2 hrs/wk

TOM RUSHTON

DIRECTOR

Board

2 hrs/wk

Independent contractors

MIKE BATTE LLC

ADMIN SERVICE

$136K

Details

EIN741936016
Subsection06
Ruling date0000-00
Formed1979
Employees0
Volunteers0
NEW MEXICO LIFE INSURANCE GUARANTY ASSOCIATION — Mission, Financials & Grants Received | Grantivo