EIN 59-3469214

Florida Workers Compensation Insurance Guaranty Association (FWCIGA)

IRS 501(c) type
501(c)(6)
Num. employees
15
State
Year formed
1998
Most recent tax filings
2022-12-01
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
$8,796,054
2022
Total expenses
$16,560,667
2022
Total assets
$153,086,185
2022
Num. employees
15
2022

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 2022, paid 604 claims. There are approximately 406 members.

Personnel at FWCIGA

NameTitleCompensation
Corey NealExecutive Director$112,141
Charlie GreeneClaims Manager$109,567
Brett StiegelVice Chairman / Director$0
Thomas StahlChairman$0
Thomas D StreukensSecretary and Ex Director / Secretary and Executive Director$121,335
...and 3 more key personnel

Financials for FWCIGA

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$1,248,756
Investment income and dividends$1,146,649
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-838
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$6,401,487
Total revenues$8,796,054

Form 990s for FWCIGA

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-06990View PDF
2021-122022-10-10990View PDF
2020-122021-11-11990View PDF
2019-122021-06-25990View PDF
2018-122020-01-22990View PDF
...and 9 more Form 990s
Data update history
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
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 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
Free account sign-up

Want updates when FWCIGA has new information, or want to find more organizations like Florida Workers Compensation Insurance Guaranty Association (FWCIGA)?

Create free Cause IQ account