EIN 31-1297832

Ohio Life and Health Insurance Guaranty Association (OLHIGA)

IRS 501(c) type
501(c)(6)
Num. employees
0
City
State
Year formed
1989
Most recent tax filings
2023-12-01
Description
The Ohio Life & Health Insurance Guaranty Association (OLHIGA) is a non-profit association of insurance companies that sell life insurance, health insurance, and annuities in Ohio. It was created by Ohio law to provide some level of protection for certain Ohio policyholders against the insolvency of an insurance company licensed to sell those types of policies in Ohio when the company is placed into liquidation. The Guaranty Association provides limited protection of your life, health and annuity benefits.
Related structure
OLHIGA is a subordinate organization under Ohio Insurance Guaranty Association (OIGA).
Total revenues
$5,609,554
2023
Total expenses
$1,569,662
2023
Total assets
$29,149,279
2023
Num. employees
0
2023

Program areas at OLHIGA

The Ohio Life & Health Insurance Guaranty Association (olhiga) is comprised of every insurer licensed to transact Life or Health Insurance in Ohio and writing one or more kinds of Insurance included within section 3956.04 of the Ohio revised code. The principal responsibilities of olhiga is to pay covered claims or insolvent insurers and to provide a mechanism for assessment of member insurers to accomplish claim settlement.

Personnel at OLHIGA

NameTitleCompensation
Sonni PetersonPresident$0
Greg MartinoVice Chairman / Director$0
Charles WilsonChairman / Secretary and Treasurer$0
Patrick FoltynSecretary and Treasurer / Director$0
Edward BabbittVice Chairman$0
...and 5 more key personnel

Financials for OLHIGA

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$4,499,170
Investment income and dividends$1,110,384
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$0
Total revenues$5,609,554

Form 990s for OLHIGA

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-18990View PDF
2022-122023-10-27990View PDF
2021-122022-11-07990View PDF
2020-122021-11-15990View PDF
2018-122020-02-10990View PDF
...and 9 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
July 28, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 30, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 29, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Mutual assistance organizationsInsurance companiesChapter / child organizations
Issues
Health
Characteristics
State / local levelNo full-time employees
General information
Address
485 Metro Pl S 270
Dublin, OH 43017
Metro area
Columbus, OH
County
Franklin County, OH
Website URL
olhiga.org/ 
Phone
(614) 442-6601
IRS details
EIN
31-1297832
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1989
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
Subordinate organization
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