Form 990 for tax year 2022
Filed by UTAH LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION.
Totals
- Total revenue
- $1,258
- Total expenses
- $320,831
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $1,258
- Other revenue
- $0
- Total assets, end of year
- $1,951,601
- Total liabilities, end of year
- $517,167
- Net assets or fund balances, end of year
- $1,434,434
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
3 · Investment income
total $1,258 · excluded $1,258
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $155,800
-
11c · Fees: accounting
total $15,525
-
11g · Fees: other
total $12,788
-
13 · Office expenses
total $2,141
-
14 · Information technology
total $5,253
-
16 · Occupancy
total $7,930
-
17 · Travel
total $5,411
-
19 · Conferences, conventions and meetings
total $3,395
-
23 · Insurance
total $9,483
-
24a · Other expenses: NOLHGA DUES
total $60,668
-
24b · Other expenses: NOLHGA ASSESSMENTS - NET
total $30,768
-
24c · Other expenses: NOLHGA DATA SURVEY
total $11,125
-
24d · Other expenses: ASSUMPTION REINSURANCE
total $544
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $117,687 · end of year $178,022
-
2 · Savings and temporary cash investments
beginning of year $2,149,799 · end of year $1,768,839
-
15 · Other assets
end of year $4,740
-
17 · Accounts payable and accrued expenses
beginning of year $12,143 · end of year $11,091
-
25 · Other liabilities
beginning of year $501,336 · end of year $506,076
-
27 · Net assets without donor restrictions
beginning of year $1,754,007 · end of year $1,434,434
Mission and programs · 2022
Mission
ASSOCIATION ESTABLISHED BY THE STATE OF UTAH TO PROVIDE CERTAIN PROTECTIONS TO POLICYHOLDERS OF IMPAIRED OR INSOLVENT INSURERS. (REFERENCE 31A-28-103 OF UTAH CODE ANNOTATED)
-
THE ASSOCIATION PROVIDED CERTAIN PROTECTIONS TO POLICY HOLDERS OF IMPAIRED OR INSOLVENT INSURERS IN ACCORDANCE WITH SECTION 31A-28-103 UTAH CODE ANNOTATED.
As filed on the 2022 return.
Listed in Part VII
-
Ted D LewisTED D LEWIS
EXECUTIVE DI
- Total calculated
- $153,300
- From this org
- $153,300
- From related orgs
- $0
- Other
- $0
- Hours/week
- 20
Schedule J breakdown matched by us
- Base
- $153,300
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $153,300
-
Andrea M HalesANDREA M HALES
PUBLIC REP.
- Total calculated
- $1,400
- From this org
- $1,400
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Aaron M PaciniAARON M PACINI
PUBLIC REP.
- Total calculated
- $1,100
- From this org
- $1,100
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Stephen FoxleySTEPHEN FOXLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sarah S JamesSARAH S JAMES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
William J JohnsonWILLIAM J JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Richard C JonesRICHARD C JONES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jack KimJACK KIM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kristin McCullaghKRISTIN MCCULLAGH
SECRETARY/TR
- Total calculated
- $0
- Hours/week
- 1
-
Amy MuellerAMY MUELLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
J David PearceJ DAVID PEARCE
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
D Chris PurcellD CHRIS PURCELL
VICE CHAIRMA
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 9 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202321299349304612
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