Kansas Life And Health Insurance Guaranty Association

Organization Overview

Kansas Life And Health Insurance Guaranty Association is located in Topeka, KS. The organization was established in 1975. According to its NTEE Classification (E80) the organization is classified as: Health (General & Financing), under the broad grouping of Health Care and related organizations. As of 12/2021, Kansas Life And Health Insurance Guaranty Association employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kansas Life And Health Insurance 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 12/2021, Kansas Life And Health Insurance Guaranty Association generated $4.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $508.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROTECT POLICYHOLDERS OF INSOLVENT INSURANCE COMPANIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE STATE GUARANTY ASSOCIATION WAS ESTABLISHED TO PROVIDE CERTAIN PROTECTIONS TO POLICYHOLDERS OF IMPAIRED OR INSOLVENT INSURERS IN ACCORDANCE WITH SECTION KSA40-3001 ET SEQ. OF THE STATE INSURANCE CODE.


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Board, Officers & Key Employees

Name (title)Compensation
Linda Becker
Administrator
$83,496
Terry Tiede
Assistant Administrator
$83,496
Timothy Langland
Secretary
$0
Robert Corn
Chairman
$0
Les Diehl
Treasurer (thru. 11/03/2021)
$0
Jeff Brown
Treasurer (eff. 11/03/2021)
$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$4,751,041
Investment income $177
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 $4,751,218

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