Missouri Life And Health Insurance Guaranty Association is located in Jefferson City, MO. The organization was established in 1997. 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, Missouri Life And Health Insurance Guaranty Association employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Missouri 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, Missouri Life And Health Insurance Guaranty Association generated $33.4m in total revenue. All expenses for the organization totaled $1.1m during the year ending 12/2021.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROTECT THE POLICYHOLDERS OF INSOLVENT INSURERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE YEAR THE ASSOCIATION PROVIDED PROTECTION TO POLICYHOLDERS OF INSOLVENT INSURERS IN ACCORDANCE WITH MISSOURI STATE STATUTE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tamara Kopp Executive Director | Officer | 40 | $150,646 |
James Oetting Claims Manager | 40 | $141,505 | |
Teresa Magruder Secretary-Treasurer | OfficerTrustee | 3 | $0 |
Sonya Ekart Chair | OfficerTrustee | 1 | $0 |
David Hill Board Member | Trustee | 1 | $0 |
David Melton Board Member | Trustee | 1 | $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 | $33,245,583 |
Investment income | $104,778 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,252 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $33,351,825 |
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 | $0 |
Compensation of current officers, directors, key employees. | $377,844 |
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 | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $6,753 |
Fees for services: Accounting | $19,200 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $39,819 |
Advertising and promotion | $0 |
Office expenses | $8,917 |
Information technology | $8,650 |
Royalties | $0 |
Occupancy | $10,942 |
Travel | $1,643 |
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 | $1,100 |
Insurance | $1,276 |
All other expenses | $13,265 |
Total functional expenses | $1,070,573 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,443,464 |
Savings and temporary cash investments | $42,540,450 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $109,993 |
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 | $3,427 |
Net Land, buildings, and equipment | $19,172 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,336,319 |
Total assets | $49,452,825 |
Accounts payable and accrued expenses | $1,367,217 |
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 | $5,262,623 |
Total liabilities | $6,629,840 |
Net assets without donor restrictions | $42,822,985 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
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 | $49,452,825 |
Organization Name | Assets | Revenue |
---|---|---|
Northeast Oklahoma Community Health Centers Inc Hulbert, OK | $28,383,218 | $24,477,125 |
Oeu-965 Health Benefit Plan Springfield, IL | $22,470,499 | $12,801,499 |
Iowa Life And Health Insurance Guaranty Association Des Moines, IA | $11,629,327 | $10,389,227 |
Florida Laborers Health Fund Goodlettsville, TN | $21,527,387 | $8,809,889 |
Iowa Prescription Drug Corporation Grimes, IA | $1,322,646 | $8,932,847 |
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 |
West Tennessee Healthcare Foundation Jackson, TN | $50,344,324 | $8,274,920 |
Missouri Health Connection Columbia, MO | $3,938,153 | $4,470,811 |
Hoffer Plastics Corporation Health Benefit Plan Trust South Elgin, IL | -$29,195 | $3,942,624 |
Outdoor Venture Corporation Health Benefit Trust Stearns, KY | $0 | $3,017,686 |
Life And Health Insurance Protection Association Oklahoma City, OK | $13,788,663 | $175,480 |