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EIN 22-3165596

New Jersey Life and Health Insurance Guaranty Association (NJLHIGA)

IRS 501(c) type
501(c)(6)
Num. employees
2
City
Lincroft
State
New Jersey
Year formed
1991
Most recent tax filings
2023-12-01
NTEE code, primary
Y20: Insurance Providers, Services
Description
The New Jersey Life and Health Insurance Guaranty Association is a statutory entity created in 1992 (with an effective date of January 1, 1991), when the New Jersey legislature enacted the New Jersey Guaranty Association Act.
Total revenues
$23,862,082
2023
Total expenses
$947,011
2023
Total assets
$42,242,024
2023
Num. employees
2
2023

Program areas at NJLHIGA

The Association made payments to provide certain protections to policyholders of impaired or insolvent insurers in accordance with NJ Statute 17B32A-1, et seq.

Personnel at NJLHIGA

NameTitleCompensation
Felix SchirripaExecutive Director$140,000
James M LenaghanPast Executive Director

Financials for NJLHIGA

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$0
Investment income and dividends$607,682
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$23,254,400
Total revenues$23,862,082

Form 990s for NJLHIGA

Fiscal year endingDate received by IRSFormPDF link
2023-122024-04-11990View PDF
2022-122023-04-10990View PDF
2021-122022-04-07990View PDF
2020-122021-04-06990View PDF
2019-122021-06-01990OView PDF
...and 9 more Form 990s
Data update history
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 16, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 14, 2023
Updated personnel
Identified 4 new personnel
August 11, 2022
Posted financials
Added Form 990 for fiscal year 2020
August 2, 2022
Updated personnel
Identified 11 new personnel
Nonprofit Types
Mutual assistance organizationsInsurance companies
Issues
No issues found
Characteristics
MembershipsState / local level
General information
Address
521 Newman Springs Rd Ste 22
Lincroft, NJ 07738
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Monmouth County, NJ
Website URL
njlifega.org/ 
Phone
(732) 345-5200
IRS details
EIN
22-3165596
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1991
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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