Form 990 for tax year 2024
Filed by UTAH LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION.
Totals
- Total revenue
- $31,555,893
- Total expenses
- $440,293
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $31,393,738
- Investment income
- $162,155
- Other revenue
- $0
- Total assets, end of year
- $33,253,103
- Total liabilities, end of year
- $215,642
- Net assets or fund balances, end of year
- $33,037,461
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- $0
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.
-
2a · Program service revenue: Receivership Receipts
total $94,532 · related or exempt $94,532
-
2b · Program service revenue: Assessments
total $31,299,206 · related or exempt $31,299,206
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $162,155 · excluded $162,155
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8c · Net income from fundraising events
total $0
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $104,768
-
11b · Fees: legal
total $5,488
-
11c · Fees: accounting
total $17,625
-
11g · Fees: other
total $87,465
-
13 · Office expenses
total $8,634
-
14 · Information technology
total $12,242
-
16 · Occupancy
total $7,320
-
17 · Travel
total $15,688
-
19 · Conferences, conventions and meetings
total $8,893
-
23 · Insurance
total $9,691
-
24a · Other expenses: NOLHGA Assesments
total $93,180
-
24b · Other expenses: NOLHGA Dues
total $61,908
-
24c · Other expenses: NOLHGA Data Survey
total $6,547
-
24d · Other expenses: Assumption Reinsurance Considerations
total $844
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $153,694 · end of year $770,774
-
2 · Savings and temporary cash investments
beginning of year $2,325,208 · end of year $25,788,283
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$0
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
end of year $0
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
15 · Other assets
beginning of year $0 · end of year $6,694,046
-
17 · Accounts payable and accrued expenses
beginning of year $32,113 · end of year $17,869
-
22 · Loans and payables to officers and key people
end of year $0
-
25 · Other liabilities
beginning of year $501,336 · end of year $197,773
-
27 · Net assets without donor restrictions
beginning of year $1,945,453 · end of year $33,037,461
Mission and programs · 2024
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)
-
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). During 2024, $31,299,206 of assessments were made to member insurers to cover future claims and to fund the association.
As filed on the 2024 return.
Listed in Part VII
-
Aaron M Pacini
Secretary/Treasurer
- Total calculated
- $1,100
- From this org
- $1,100
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0.8
-
J David Pearce
Chairman
- Total calculated
- $0
- Hours/week
- 0.8
-
Stephen Foxley
Vice Chairman
- Total calculated
- $0
- Hours/week
- 0.8
-
Amy Mueller
Director
- Total calculated
- $0
- Hours/week
- 0.4
-
Andrea M Hales
Public Rep.
- Total calculated
- $1,100
- From this org
- $1,100
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0.4
-
Bryan Nielsen
Director
- Total calculated
- $0
- Hours/week
- 0.4
-
James M Harrison
Director
- Total calculated
- $0
- Hours/week
- 0.4
-
Larry Slone
Director
- Total calculated
- $0
- Hours/week
- 0.4
-
Liane Latham
Director
- Total calculated
- $0
- Hours/week
- 0.4
-
Richard C Jones
Director
- Total calculated
- $0
- Hours/week
- 0.4
-
Shelpby Cuevas
Director
- Total calculated
- $0
- Hours/week
- 0.4
-
David D Call
Executive Director
- Total calculated
- $102,769
- From this org
- $102,769
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 20 October 2025
- IRS schema version
- 2024v5.1
- Source object
- 202512939349300611
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