NonprofitsRhode Island Life And Health Insurance Guaranty Association

Rhode Island Life And Health Insurance Guaranty Association

PROVIDENCE, RI

Total revenue

$73.7M

Total expenses

$67.6M

Net assets

$8.7M

Grants received

EIN

050420932

Tax year

2024

Mission

Maintain public confidence in the promises of insurers by paying claims of insolvent insurance companies licensed to write life, annuity and health insurance in Rhode Island

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$73.0M
Investment income$729K
Other revenue
Total revenue$73.7M

Expenses

Grants paid
Salaries & benefits$95K
Fundraising
Other expenses$67.5M
Total expenses$67.6M
Total assets$8.7M
Net assets$8.7M

People

2 listed

NameRoleCompensation

Margarett Sperry Esq

Executive Direc

Board

$80K

20 hrs/wk

Brooks R Magratten

Executive Direc

Board

$20K

20 hrs/wk

Details

EIN050420932
Subsection06
Ruling date1994-01
Formed1986
Employees2
RHODE ISLAND LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION — Mission, Financials & Grants Received | Grantivo