NonprofitsNorth Carolina Life And Accident And Health Insurance Guaranty Asso

North Carolina Life And Accident And Health Insurance Guaranty Asso

RALEIGH, NC

Total revenue

$91.9M

Total expenses

$32.4M

Net assets

$84.0M

Grants received

EIN

561208068

Tax year

2024

Mission

The Gty Assoc was established to provide certain protections to NC policyholders of insolvent insurers per NCGS 58-62

Programs

2 programs

n/a

n/a

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$90.5M
Investment income$1.2M
Other revenue$225K
Total revenue$91.9M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$32.4M
Total expenses$32.4M
Total assets$84.0M
Net assets$84.0M

People

12 listed

NameRoleCompensation

Mathias Bishop

Director

Board

1 hrs/wk

Sandra Johnson

Director

Board

1 hrs/wk

BCBS of North Carolina

Board Member

Board

1 hrs/wk

Brighthouse Life Ins Co

Board Member

Board

1 hrs/wk

Amer Fam Life Assurance Co

Board Member

Board

1 hrs/wk

Genworth Life & Annuity Ins

Board Member

Board

1 hrs/wk

UnitedHealthcare of NC

Board Member

Board

1 hrs/wk

Nationwide Life Ins Co

Chair

Board

3 hrs/wk

The Lincoln National Life Ins Co

Vice Chair

Board

3 hrs/wk

TIAA-CREF Life Ins Co

Treasurer

Board

3 hrs/wk

Athene Annuity & Life Assu

Secretary

Board

3 hrs/wk

Bradley E Taman

Executive Director

Staff

40 hrs/wk

Independent contractors

ThomTam LLC

Mgmt, Admin

$174K

Details

EIN561208068
Subsection06
Ruling date1979-12
Formed1974
Employees0
Volunteers0
NORTH CAROLINA LIFE AND ACCIDENT AND HEALTH INSURANCE GUARANTY ASSO — Mission, Financials & Grants Received | Grantivo