NonprofitsNew Mexico Property & Casualty Insurance Guaranty Association

New Mexico Property & Casualty Insurance Guaranty Association

ALBUQUERQUE, NM

Total revenue

$5.8M

Total expenses

$2.9M

Net assets

$24.4M

Grants received

EIN

850249111

Tax year

2024

Mission

To pay covered claims of insolvent insurance companies under policies covered by the new mexico property and casualty insurance guaranty act.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$5.2M
Investment income$605K
Other revenue
Total revenue$5.8M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$2.9M
Total expenses$2.9M
Total assets$24.4M
Net assets$24.4M

People

4 listed

NameRoleCompensation

JUSTIN MARCUSSON

CHAIRMAN

Board

7 hrs/wk

CHARLIE HARFORD

DIRECTOR

Board

1 hrs/wk

STEVEN HARRIS

DIRECTOR

Board

1 hrs/wk

JOSEPH MANERO

DIRECTOR

Board

1 hrs/wk

Independent contractors

DEFINITI RX

CLAIM PROC.

$430K

MARTINEZ HART THOMPSON & SANCHEZ

LEGAL

$300K

HALL & MONAGLE LLC

LEGAL

$200K

MODRALL SPERLING

LEGAL

$124K

Details

EIN850249111
Subsection06
Ruling date1977-01
Formed1975
Employees0
NEW MEXICO PROPERTY & CASUALTY INSURANCE GUARANTY ASSOCIATION — Mission, Financials & Grants Received | Grantivo