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Provides management and claims supervisory services to its member associations to assist them in the discharge of their respective statutory responsibilities to handle promptly and efficiently covered claims against insolvent property and casualty insurers. The Corporation has been formed to establish and maintain a single efficient management and claims service organization for its member guaranty associations. The objectives of the Corporation include, but are not limited to: (1) Providing management and claims supervisory services to insurance guaranty funds or associations created by statute; (2) Assisting guaranty associations in the discharge of their statutory responsibility to handle promptly and efficiently covered claims against insolvent insurers; (3) Furnishing related or compatible services to insurers and insurer organizations; and (4) Doing any and all things appropriate to accomplish the foregoing purposes.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2024
Total Revenue
▼$7.5M
Program Spending
100%
of total expenses go to program services
Total Contributions
$0
Total Expenses
▼$8.5M
Total Assets
$8.1M
Total Liabilities
▼$11.9M
Net Assets
-$3.8M
Officer Compensation
→$1.7M
Other Salaries
$2.8M
Investment Income
$4,354
Fundraising
▼N/A
Source: USAspending.gov
No federal awards found for this organization.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2024 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Not confirmed
No additional tax-exempt status records found in ReconForce's database.
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
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| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2024IRS e-File | $7.5M | $0 | $8.5M | $8.1M | -$3.8M |
| 2023IRS e-File | $7.6M | $0 | $6.8M | $6.4M | -$2.8M |
| 2022 | $6.8M | $0 | $4.6M | $6.8M | -$3.7M |
| 2021 | $6.6M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2023 | 990 | DataIRS e-File | PDF not yet published by IRSView Filing → |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2024)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Organization info: IRS Business Master File
| Total |
|---|
| Barbara Law | President & CEO | 37.5 | $581K | $0 | $48.5K | $629.5K |
| Jeffrey Scott | Vice President Claims | 37.5 | $294.3K | $0 | $38.7K | $333K |
| Linda Angelone | Senior Vice President Hr And Compliance | 37.5 | $257.9K | $0 | $28K | $285.9K |
| Dimitar Kotzev | Vice President It | 37.5 | $202K | $0 | $55.3K | $257.3K |
| Andrea Rossi | Vice President Operations | 37.5 | $153K | $0 | $43.5K | $196.5K |
| Heather Holland | Treasurer And VP Accounting And Finance | 30 | $123K | $0 | $46K | $169.1K |
Barbara Law
President & CEO
$629.5K
Hrs/Wk
37.5
Compensation
$581K
Related Orgs
$0
Other
$48.5K
Jeffrey Scott
Vice President Claims
$333K
Hrs/Wk
37.5
Compensation
$294.3K
Related Orgs
$0
Other
$38.7K
Linda Angelone
Senior Vice President Hr And Compliance
$285.9K
Hrs/Wk
37.5
Compensation
$257.9K
Related Orgs
$0
Other
$28K
Dimitar Kotzev
Vice President It
$257.3K
Hrs/Wk
37.5
Compensation
$202K
Related Orgs
$0
Other
$55.3K
Andrea Rossi
Vice President Operations
$196.5K
Hrs/Wk
37.5
Compensation
$153K
Related Orgs
$0
Other
$43.5K
Heather Holland
Treasurer And VP Accounting And Finance
$169.1K
Hrs/Wk
30
Compensation
$123K
Related Orgs
$0
Other
$46K
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Ramzi Ballout | Senior Applications Architect | 37.5 | $169.4K | $0 | $8,096 | $177.5K |
| Sergey Dmitriev | Lead Applications Developer | 37.5 | $147.2K | $0 | $22.5K | $169.7K |
| Keith Legget | Claims Manager | 37.5 | $130.7K | $0 |
Ramzi Ballout
Senior Applications Architect
$177.5K
Hrs/Wk
37.5
Compensation
$169.4K
Related Orgs
$0
Other
$8,096
Sergey Dmitriev
Lead Applications Developer
$169.7K
Hrs/Wk
37.5
Compensation
$147.2K
Related Orgs
$0
Other
$22.5K
Keith Legget
Claims Manager
$166.2K
Hrs/Wk
37.5
Compensation
$130.7K
Related Orgs
$0
Other
$35.5K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Donald Baldini | Director | 1 | $0 | $0 | $0 | $0 |
| Earl Cottam | Director | 1 | $0 | $0 | $0 | $0 |
| Harris E Berenson | Director | 1 | $0 | $0 | $0 | $0 |
| Joseph Torti Iii | Director | 1 | $0 | $0 | $0 | $0 |
| L Noel Patterson Jr | Director | 1 | $0 | $0 | $0 | $0 |
| Lincoln Merrill Jr | Director |
Donald Baldini
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Earl Cottam
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Harris E Berenson
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $0 |
| $5.1M |
| $2.8M |
| -$5.8M |
| 2020 | $6.4M | $0 | $8.2M | $2.9M | -$7.3M |
| 2019 | $7.1M | $0 | $8M | $3M | -$5.5M |
| 2017 | $6.4M | $0 | $6.7M | $3.1M | -$5M |
| 2016 | $6.2M | $0 | $6.8M | $3.2M | -$4.7M |
| 2015 | $6.3M | $0 | $5.5M | $3M | -$4.1M |
| 2014 | $6.5M | $0 | $8.8M | $3.2M | -$4.9M |
| 2013 | $6.1M | $0 | $4.1M | $3M | -$2.5M |
| 2012 | $6M | $0 | $6.2M | $3M | -$4.5M |
| 2011 | $5.9M | $0 | $7.2M | $3.2M | -$4.3M |
| 2021 | 990 | Data |
| 2020 | 990 | Data | PDF not yet published by IRS |
| 2019 | 990 | Data |
| 2018 | 990 | — |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| $35.5K |
| $166.2K |
| Marjorie Corbet | Claims Manager | 37.5 | $144.4K | $0 | $21.2K | $165.6K |
| Craig Cote | Senior Systems Administrator | 37.5 | $138.8K | $0 | $10.7K | $149.5K |
Marjorie Corbet
Claims Manager
$165.6K
Hrs/Wk
37.5
Compensation
$144.4K
Related Orgs
$0
Other
$21.2K
Craig Cote
Senior Systems Administrator
$149.5K
Hrs/Wk
37.5
Compensation
$138.8K
Related Orgs
$0
Other
$10.7K
| 1 |
| $0 |
| $0 |
| $0 |
| $0 |
| Theresa Lewis | Director | 1 | $0 | $0 | $0 | $0 |
| William Cahill | Director | 1 | $0 | $0 | $0 | $0 |
Joseph Torti Iii
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
L Noel Patterson Jr
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Lincoln Merrill Jr
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Theresa Lewis
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
William Cahill
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0