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EIN 42-1305718

Iowa Life and Health Insurance Guaranty Association

IRS 501(c) type
501(c)(6)
Num. employees
0
City
Des Moines
State
Iowa
Year formed
1987
Most recent tax filings
2023-06-01
NTEE code, primary
Y20: Insurance Providers, Services
Description
The Iowa Life and Health Insurance Guaranty Association's mission is to provide funds for the settlement of covered claims against impaired or insolvent member insurers as directed under the Iowa Life and Health Insurance Guaranty Association Act, Code of Iowa, Chapter 508c. Its sole activity is to provide funds for and settlement of covered claims of life, health & annuity policies, plans, or contracts of insolvent insurance companies and health maintenance organizations made by Iowa residents.
Total revenues
$5,104,875
2023
Total expenses
$944,489
2023
Total assets
$15,868,080
2023
Num. employees
0
2023

Program areas at Iowa Life and Health Insurance Guaranty Association

The organization has only one activity and that is to provide funds for and settlement of covered claims of Life, Health & annuity policies, plans, or contracts of insolvent Insurance companies and Health maintenance organizations made by Iowa residents as directed under the Iowa Life and Health Insurance Guaranty Association act, chapter 508c, code of Iowa.

Personnel at Iowa Life and Health Insurance Guaranty Association

NameTitleCompensation
G Thomas SullivanExecutive Director$0
Lori K GeadelmannDirector , Chair$0
Christa D KuennenTreasurer$0
James C FrasherSecretary$0
Matthew AhmannVice Chair$0
...and 3 more key personnel

Financials for Iowa Life and Health Insurance Guaranty Association

RevenuesFYE 06/2023
Total grants, contributions, etc.$0
Program services$4,882,041
Investment income and dividends$222,834
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$5,104,875

Form 990s for Iowa Life and Health Insurance Guaranty Association

Fiscal year endingDate received by IRSFormPDF link
2023-062023-10-15990View PDF
2022-062022-10-31990View PDF
2021-062021-10-25990View PDF
2020-062021-06-08990View PDF
2019-062020-01-22990View PDF
...and 9 more Form 990s
Data update history
November 29, 2023
Posted financials
Added Form 990 for fiscal year 2023
July 30, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 28, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 27, 2023
Updated personnel
Identified 1 new personnel
May 22, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Mutual assistance organizationsInsurance companies
Issues
Health
Characteristics
State / local levelNo full-time employees
General information
Address
700 Walnut St Ste 1600
Des Moines, IA 50309
Metro area
Des Moines-West Des Moines, IA
County
Polk County, IA
Website URL
ialifega.org/ 
Phone
(515) 283-3126
IRS details
EIN
42-1305718
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1987
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
Y20: Insurance Providers, Services
NAICS code, primary
52411: Direct Life, Health, and Medical Insurance Carriers
Parent/child status
Independent
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