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EIN 59-1378046

Florida Insurance Guaranty Association (FIGA)

IRS 501(c) type
501(c)(6)
Num. employees
24
City
Tallahassee
State
Florida
Year formed
1970
Most recent tax filings
2022-12-01
NTEE code, primary
Y20: Insurance Providers, Services
Description
The Florida Insurance Guaranty Association's mission is to provide security and continuity during the liquidation process by administering the payment of claims for the benefit of Florida residents.
Total revenues
$646,169,972
2022
Total expenses
$677,050,862
2022
Total assets
$632,385,089
2022
Num. employees
24
2022

Program areas at FIGA

The Association pays the covered claims of insolvent insurers and assists in the detection and prevention of insurer insolvencies. In 2022, there were 11,448 claims. There are approximately 784 members.

Personnel at FIGA

NameTitleCompensation
Corey NealExecutive Director$112,141
Lenox GodfreyDirector of Figa Claims$146,831
Delene LoughranSenior Claims Manager$160,785
Walter WilbournClaims Manager$100,853
Thomas StreukensPast Executive Director$121,335
...and 7 more key personnel

Financials for FIGA

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$0
Investment income and dividends$2,551,760
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-682,411
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$644,300,623
Total revenues$646,169,972

Form 990s for FIGA

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-06990View PDF
2021-122022-10-10990View PDF
2020-122021-11-05990View PDF
2018-122020-01-14990View PDF
2017-122018-12-22990View PDF
...and 8 more Form 990s
Data update history
January 23, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 23, 2024
Updated personnel
Identified 2 new personnel
January 2, 2024
Used new vendors
Identified 2 new vendors, including , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 21, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Mutual assistance organizationsInsurance companies
Issues
No issues found
Characteristics
State / local level
General information
Address
PO Box 14249
Tallahassee, FL 32317
Metro area
Tallahassee, FL
County
Leon County, FL
Website URL
figafacts.com/ 
Phone
(800) 988-1450
IRS details
EIN
59-1378046
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1970
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
Y20: Insurance Providers, Services
NAICS code, primary
52411: Direct Life, Health, and Medical Insurance Carriers
Parent/child status
Independent
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