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.
Form
990
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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Linda Becker Administrator | Officer | 20 | $83,496 |
Terry Tiede Assistant Administrator | Officer | 20 | $83,496 |
Timothy Langland Secretary | OfficerTrustee | 0 | $0 |
Robert Corn Chairman | OfficerTrustee | 0 | $0 |
Les Diehl Treasurer (thru. 11/03/2021) | OfficerTrustee | 0 | $0 |
Jeff Brown Treasurer (eff. 11/03/2021) | OfficerTrustee | 0 | $0 |
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 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $111,427 |
Compensation of current officers, directors, key employees. | $179,517 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $18,414 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,641 |
Fees for services: Accounting | $26,642 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $4,452 |
Information technology | $1,092 |
Royalties | $0 |
Occupancy | $14,575 |
Travel | $5,029 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $865 |
All other expenses | $0 |
Total functional expenses | $508,886 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $6,625,172 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $6,625,172 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $6,233,105 |
Total liabilities | $6,233,105 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $392,067 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $6,625,172 |
Organization Name | Assets | Revenue |
---|---|---|
Comprehensive Health Insurance Association Great Bend, KS | $122,969,212 | $99,936,486 |
Oneworld Community Health Centers Inc Omaha, NE | $55,753,804 | $50,338,832 |
Valley-Wide Health Systems Inc Alamosa, CO | $46,697,315 | $52,431,671 |
Colorado Health Benefit Exchange Denver, CO | $41,211,882 | $42,741,707 |
Nurse Family Partnership Denver, CO | $58,934,670 | $51,421,295 |
Uchealth Laboratory Services Llc Denver, CO | $0 | $34,399,374 |
Washington State Health Insurance Pool Great Bend, KS | $15,414,499 | $29,306,973 |
Delta Dental Of Nebraska Omaha, NE | $13,547,591 | $26,037,391 |
Northeast Oklahoma Community Health Centers Inc Hulbert, OK | $28,383,218 | $24,477,125 |
Colorado Sheet Metal Workers Local 9 Family Health Plan Denver, CO | $14,072,511 | $16,655,685 |
Sapp Brothers Petroleum Inc Employee Group Health Plan Omaha, NE | $3,121,227 | $10,056,821 |
Truman Medical Center Professional And General Liability Self-Ins Tr Kansas City, MO | $25,601,158 | $4,849,990 |