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EIN 59-3469214

Florida Workers Compensation Insurance Guaranty Association (FWCIGA)

IRS 501(c) type
501(c)(6)
Num. employees
17
City
Tallahassee
State
Florida
Year formed
1998
Most recent tax filings
2023-12-01
NTEE code, primary
Y20: Insurance Providers, Services
Description
To provide a mechanism for the payment of covered workers compensation claims of insolvent insurers and to assist in the detection and prevention of insurer insolvencies.
Total revenues
$7,986,133
2023
Total expenses
$14,551,893
2023
Total assets
$146,462,410
2023
Num. employees
17
2023

Program areas at FWCIGA

All members of fwciga are insurers that provide workers Compensation coverages in Florida. Assessments are levied on solvent members based on a percentage of direct written premiums for workers Compensation coverages that estimate the amount of insolvent members' claims. The assessments are used to pay claims against insolvent members. In 2023, paid 370 claims. There are approximately 414 members.

Personnel at FWCIGA

NameTitleCompensation
Steve BrownChief Operating Officer
Corey NealExecutive Director$112,141
William HughesDirector of Claims
Charlie GreeneClaims Manager$109,567
Thomas StahlChairman$0
...and 5 more key personnel

Financials for FWCIGA

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$1,548,337
Investment income and dividends$3,395,149
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$3,042,647
Total revenues$7,986,133

Form 990s for FWCIGA

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-08990View PDF
2022-122023-11-06990View PDF
2021-122022-10-10990View PDF
2020-122021-11-11990View PDF
2019-122021-06-25990View PDF
...and 10 more Form 990s
Data update history
October 18, 2024
Updated personnel
Identified 2 new personnel
January 14, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 14, 2024
Updated personnel
Identified 3 new personnel
December 31, 2023
Used new vendors
Identified 5 new vendors, including , , , , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Mutual assistance organizationsInsurance companies
Issues
No issues found
Characteristics
State / local level
General information
Address
PO Box 15159
Tallahassee, FL 32317
Metro area
Tallahassee, FL
County
Leon County, FL
Website URL
fwciga.org/ 
Phone
(850) 386-9200
IRS details
EIN
59-3469214
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1998
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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