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EIN 05-0420932

Rhode Island Life & Health Insurance Guaranty Association

IRS 501(c) type
501(c)(6)
Num. employees
2
City
Providence
State
Rhode Island
Year formed
1986
Most recent tax filings
2023-09-01
NTEE code, primary
S40: Business and Industry
Description
The Rhode Island Life & Health Insurance Guaranty Association maintains public confidence in the promises of insurers by paying claims of insolvent insurance companies licensed to write life, annuity and health insurance in Rhode Island. It pays claims to beneficiaries of insolvent insurance companies and offers reimbursements received for previously paid claims totaling a net of -$5731.
Total revenues
$397,111
2023
Total expenses
$191,394
2023
Total assets
$2,774,768
2023
Num. employees
2
2023

Program areas at Rhode Island Life & Health Insurance Guaranty Association

Claims paid to beneficiaries of insolvent insurance companies and reimbursements received of previously paid claims totaling a net of -$130,615

Personnel at Rhode Island Life & Health Insurance Guaranty Association

NameTitleCompensation
Margaret SperryExecutive Director$112,000

Financials for Rhode Island Life & Health Insurance Guaranty Association

RevenuesFYE 09/2023
Total grants, contributions, etc.$0
Program services$371,907
Investment income and dividends$32,820
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-7,616
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$397,111

Form 990s for Rhode Island Life & Health Insurance Guaranty Association

Fiscal year endingDate received by IRSFormPDF link
2023-092024-08-14990View PDF
2022-092023-05-08990View PDF
2021-092022-01-18990View PDF
2020-092021-06-30990View PDF
2019-092020-11-14990View PDF
...and 9 more Form 990s
Data update history
September 26, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 11, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 6, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 15, 2021
Posted financials
Added Form 990 for fiscal year 2020
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Business and community development organizationsInsurance companies
Issues
Business and industry
Characteristics
MembershipsState / local level
General information
Address
235 Promenade St 445
Providence, RI 02908
Metro area
Providence-Warwick, RI-MA
County
Providence County, RI
Website URL
rilifega.org/ 
Phone
(401) 273-2921
IRS details
EIN
05-0420932
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1986
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S40: Business and Industry
NAICS code, primary
52411: Direct Life, Health, and Medical Insurance Carriers
Parent/child status
Independent
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