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EIN 72-0889235

Louisiana Insurance Guaranty Association

IRS 501(c) type
501(c)(6)
Num. employees
19
City
Baton Rouge
State
Louisiana
Year formed
1971
Most recent tax filings
2022-12-01
NTEE code, primary
Y20: Insurance Providers, Services
Description
The Louisiana Insurance Guaranty Association, created by the Insurance Guaranty Act, pays for claims of insolvent member insurance companies and funds these payments through assessment of remaining member companies. Serving as a safety net for Louisiana policyholders, Liga paid $430 million to policyholders and third-party claimants in 2022. Its location is in Baton Rouge, LA.
Total revenues
$286,761,854
2022
Total expenses
$462,470,125
2022
Total assets
$508,430,962
2022
Num. employees
19
2022

Program areas at Louisiana Insurance Guaranty Association

Liga serves as a safety net for Louisiana Insurance policyholders. In 2022, liga paid approximately $430 million to policyholders and third party claimants.

Personnel at Louisiana Insurance Guaranty Association

NameTitleCompensation
John WellsExecutive Director$269,675
Deidre ArceneauxClaims Manager$183,683
Ken MannSenior Claim Examiner$110,431
Malcolm TwinerSenior Claim Examiner / Senior Claims Examiner / Director$111,135
Michael T GrayBD Chairman$0
...and 5 more key personnel

Financials for Louisiana Insurance Guaranty Association

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$262,492,882
Investment income and dividends$1,260,799
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$540,148
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$22,468,025
Total revenues$286,761,854

Form 990s for Louisiana Insurance Guaranty Association

Fiscal year endingDate received by IRSFormPDF link
2021-122022-11-14990View PDF
2020-122021-12-22990View PDF
2019-122021-06-08990View PDF
2018-122020-01-21990View PDF
2017-122019-02-21990View PDF
...and 8 more Form 990s
Data update history
May 22, 2024
Updated personnel
Identified 1 new personnel
May 20, 2024
Used new vendors
Identified 6 new vendors, including , , , , , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 13, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 3, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Mutual assistance organizationsInsurance companiesEnvironmental organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
2142 Quail Run Dr
Baton Rouge, LA 70808
Metro area
Baton Rouge, LA
County
East Baton Rouge Parish, LA
Website URL
laiga.org/ 
Phone
(225) 291-4775
IRS details
EIN
72-0889235
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1971
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
Y20: Insurance Providers, Services
NAICS code, primary
524126: Direct Property and Casualty Insurance Carriers
Parent/child status
Independent
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