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EIN 23-2135158

Pennsylvania Life and Health Insurance Guaranty Association

IRS 501(c) type
501(c)(6)
Num. employees
2
City
Bala Cynwyd
State
Pennsylvania
Year formed
1978
Most recent tax filings
2023-12-01
NTEE code, primary
Y20: Insurance Providers, Services
Description
The purpose of the organization is to protect policyholders, insureds, beneficiaries, annuitants, payees and assignees of Life Insurance policies, Health Insurance policies, annuity contracts and supplemental contracts against failure in the performance of contractual obligations due to the impairment or insolvency of the insurer issuing such policies.
Also known as...
Pennsylvania Life and Health Ins Guaranty Association
Total revenues
$23,336,573
2023
Total expenses
$2,714,931
2023
Total assets
$50,274,723
2023
Num. employees
2
2023

Program areas at Pennsylvania Life and Health Insurance Guaranty Association

Claim payments and related expenses made to policyholders, insureds, beneficiaries, annuitants, payees and assignees of Life Insurance policies, Health Insurance policies, annuity contracts and supplemental contracts against failure in the performance of contractual obligations due to the impairment or insolvency of the insurer issuing such policies. The Association also provides information regarding the coverage of benefits in response to inquiries from policy holders, agents, Insurance regulators and others.

Personnel at Pennsylvania Life and Health Insurance Guaranty Association

NameTitleCompensation
Nancy MargolisExecutive Director$288,050
Aetna Health Life Insurance CompanVice Chair / Director$0
Joseph HorvathPrior Execut$246,871
Joseph J Horvath Executive DirectorPast Executive Director
Massachusetts Mutual Life Ins CoVice - Chair$0
...and 2 more key personnel

Financials for Pennsylvania Life and Health Insurance Guaranty Association

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$21,598,207
Investment income and dividends$1,667,233
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$71,133
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$23,336,573

Form 990s for Pennsylvania Life and Health Insurance Guaranty Association

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990View PDF
2022-122023-11-13990View PDF
2021-122022-11-14990View PDF
2020-122021-11-10990View PDF
2019-122021-06-08990View PDF
...and 9 more Form 990s
Data update history
December 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 21, 2023
Posted financials
Added Form 990 for fiscal year 2020
October 5, 2021
Posted financials
Added Form 990 for fiscal year 2019
September 23, 2021
Updated personnel
Identified 1 new personnel
Nonprofit Types
Mutual assistance organizationsInsurance companies
Issues
Health
Characteristics
Political advocacyState / local level
General information
Address
2 Bala Plaza Suite 710
Bala Cynwyd, PA 19004
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
Montgomery County, PA
Website URL
palifega.org/ 
Phone
(610) 975-0572
IRS details
EIN
23-2135158
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1978
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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