NonprofitsTennessee Life And Health Insurance Guaranty Association

Tennessee Life And Health Insurance Guaranty Association

NASHVILLE, TN

Total revenue

$71.1M

Total expenses

$7.0M

Net assets

$116.2M

Grants received

EIN

621400862

Tax year

2024

Mission

See schedule o.the association was created by tennessee law to provide a safety net of coverage for tennessee residents who are covered under life insurance policies, health insurance policies, or annuities issued by insurance companies that become insolvent. All life and health insurance companies licensed to conduct business in tennessee are required to be members of the association. The association's expenses and benefits are funded by assessments levied on member companies.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$492K
Investment income$1.4M
Other revenue$69.2M
Total revenue$71.1M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$883K
Total expenses$7.0M
Total assets$116.2M
Net assets$116.2M

People

9 listed

NameRoleCompensation

D RANDALL FOSTER

CHAIRMAN

Board

1 hrs/wk

JULIE BOWLING

VICE CHAIR

Board

0.5 hrs/wk

MIKE GRAHAM

SECRETARY/TREASURER

Board

0.5 hrs/wk

DAKASHA WINTON

DIRECTOR

Board

0.5 hrs/wk

JEFF TINDALL

DIRECTOR

Board

0.5 hrs/wk

HUGH BARRETT

DIRECTOR

Board

0.5 hrs/wk

LYDIA MESSINA

DIRECTOR

Board

0.5 hrs/wk

JOHN HALEY

DIRECTOR

Board

0.5 hrs/wk

STEVE SIMKINS

DIRECTOR

Board

0.5 hrs/wk

Independent contractors

BUTLER SNOW LLP

ADMINISTRATION SERVICES

$267K

Details

EIN621400862
Subsection06
Ruling date1990-08
Formed1989
Employees0
Volunteers0
TENNESSEE LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION — Mission, Financials & Grants Received | Grantivo