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Maintain 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
Source: IRS Form 990 (Tax Year 2025)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2024
Total Revenue
▼$73.7M
Program Spending
0%
of total expenses go to program services
Total Contributions
$0
Total Expenses
▼$67.6M
Total Assets
$8.7M
Total Liabilities
▼$0
Net Assets
$8.7M
Officer Compensation
→$79.6K
Other Salaries
$8,500
Investment Income
$728.7K
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 2025 · Source: IRS e-Filed Form 990
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
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2024IRS e-File | $73.7M | $0 | $67.6M | $8.7M | $8.7M |
| 2023IRS e-File | $93.4K | $0 | $292.1K | $2.6M | $2.6M |
| 2022IRS e-File | $397.1K | $0 | $191.4K | $2.8M | $2.8M |
| 2021 |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2025 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2024 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2023 | 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 2025)
Organization info: IRS Business Master File
| Total |
|---|
| Margarett Sperry Esq | Executive Direc | 20 | $79.6K | $0 | $0 | $79.6K |
| Brooks R Magratten | Executive Direc | 20 | $20K | $0 | $0 | $20K |
Margarett Sperry Esq
Executive Direc
$79.6K
Hrs/Wk
20
Compensation
$79.6K
Related Orgs
$0
Other
$0
Brooks R Magratten
Executive Direc
$20K
Hrs/Wk
20
Compensation
$20K
Related Orgs
$0
Other
$0
| $350.6K |
| $0 |
| $256.7K |
| $2.5M |
| $2.5M |
| 2020 | $335K | $0 | $250.8K | $2.4M | $2.4M |
| 2019 | $354.7K | $0 | $227.3K | $2.3M | $2.3M |
| 2018 | $313K | $0 | $207.2K | $2.2M | $2.2M |
| 2017 | $2.6M | $0 | $1.9M | $2.1M | $2.1M |
| 2016 | $302K | $0 | $225.5K | $1.4M | $1.4M |
| 2015 | $304.8K | $0 | $257.7K | $1.3M | $1.3M |
| 2014 | $307.7K | $0 | $428.4K | $1.3M | $1.3M |
| 2013 | $6.9M | $0 | $8.9M | $5.9M | $1.4M |
| 2012 | $343.5K | $0 | $697.4K | $3.3M | $3.3M |
| 2011 | $334.3K | $0 | $686.4K | $3.7M | $3.7M |
| 2022 | 990 | DataIRS e-File |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 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 | — |