Overview

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Est.

1978

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Kentucky Life and Health Insurance Guaranty Association (EIN: 61-0942509) is a nonprofit organization dedicated to providing protections to policyholders of impaired or insolvent member insurers in Kentucky, in accordance with Kentucky Revised Statute 304 Subtitle 42. With an operating budget of $518.3K and total revenue of $40.1M for the filing year 2024, the organization plays a crucial role in the health care administration and financing sector. More information can be found on their website at www.klhiga.org.

Mission Statement

THE KENTUCKY LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION WAS ESTABLISHED TO PROVIDE CERTAIN PROTECTIONS TO POLICYHOLDERS OF IMPAIRED OR INSOLVENT MEMBER INSURERS IN ACCORDANCE WITH KENTUCKY REVISED STATUTE 304 SUBTITLE 42.
Revenues
$40.1M
Expenses
$11.3M
Net Income:
+$28.8M
Assets
$41.5M
Liabilities
$0
Net Assets:
+$41.5M
Operating Budget
$518.3K
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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J
Jana Lee Pruitt
Board Member
K
Kyle Smith
Board Member
R
Robert Hardy Jr
Board Member

Frequently Asked Questions

What is KENTUCKY LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION’s budget?
In 2024, KENTUCKY LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION reported an annual operating budget of around $518 thousand. More detailed financial information is available to registered users.
What causes does KENTUCKY LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION support?
KENTUCKY LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION supports work in Health care administration and financing.
Where does KENTUCKY LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION operate?
KENTUCKY LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION is headquartered in PROSPECT, KY.