Conn Life And Health Ins Guaranty Association

Organization Overview

Conn Life And Health Ins Guaranty Association is located in New Market, MD. The organization was established in 1978. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Conn Life And Health Ins Guaranty Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2023, Conn Life And Health Ins Guaranty Association generated $3.6m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 66.9% each year . All expenses for the organization totaled $374.8k during the year ending 12/2023. While expenses have increased by 2.6% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE PROTECTION TO CONNECTICUT RESIDENTS, AND TO NON-RESIDENTS IN LIMITED CIRCUMSTANCES, WHO ARE HOLDERS OF LIFE AND HEALTH INSURANCE POLICIES, ANNUITIES, AND HMO CONTRACTS WITH INSOLVENT INSURERS AND PROVIDE FOR THE SETTLEMENT OF LIABILITIES RELATED TO INSOLVENT INSURERS WITHIN ITS JURISDICTION.


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Board, Officers & Key Employees

Name (title)Compensation
Thomas E Bartell
Chair
$0
Michael Mccann
Director
$0
Robert S Healy
Sec/tres (thru 12/12/23)/vc (as Of 12/12/23)
$0
Gayatri Mene
Vice Chair (thru 12/23)/dir (as Of 12/23)
$0
Eric Weinstein
Secretary/treasurer (as Of 12/12/23)/director
$0
Elizabeth Byrne
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$3,463,193
Investment income $152,455
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,615,648

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