Overview

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Est.

1974

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The North Carolina Life and Health Insurance Guaranty Association (EIN: 56-1208068) is dedicated to providing protections for policyholders of insolvent insurers in North Carolina, as mandated by NCGS 58-62. With an operating budget of $32.4 million and total revenue of $91.9 million for the 2024 filing year, the organization plays a crucial role in health care administration and financing within the state. More information can be found on their website at www.nclifega.org.

Mission Statement

The Gty Assoc was established to provide certain protections to NC policyholders of insolvent insurers per NCGS 58-62
Revenues
$91.9M
Expenses
$32.4M
Net Income:
+$59.5M
Assets
$84M
Liabilities
$0
Net Assets:
+$84M
Operating Budget
$32.4M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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B
Bradley E Taman
Board Member
B
Brighthouse Life Ins Co
Board Member
A
Amer Fam Life Assurance Co
Board Member

Frequently Asked Questions

What is NORTH CAROLINA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION’s budget?
In 2024, NORTH CAROLINA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION reported an annual operating budget of around $32.4 million. More detailed financial information is available to registered users.
What causes does NORTH CAROLINA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION support?
NORTH CAROLINA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION supports work in Health care administration and financing.
Where does NORTH CAROLINA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION operate?
NORTH CAROLINA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION is headquartered in Raleigh, NC.