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RHODE ISLAND LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION

EIN 05-0420932 PROVIDENCE, RI

Largest nonprofits in Rhode Island

Revenue 2024
$73,688,018
Expenses 2024
$67,568,047

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
06
Classification
2000
Street
ONE CITIZENS PLZ 10TH FLR

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

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

  • Claims paid to beneficiaries of insolvent insurance companies and reimbursements received of previously paid claims totaling a net of $66,964,940.

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Margarett Sperry Esq

    Executive Direc

    Total calculated
    $79,583
    From this org
    $79,583
    From related orgs
    $0
    Other
    $0
    Hours/week
    20
  • Brooks R Magratten

    Executive Direc

    Total calculated
    $20,000
    From this org
    $20,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    20

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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $73,688,018
    Expenses
    $67,568,047
    Contributions
    $0
    Grants paid
    $0
  • 2023
    Revenue
    $93,393
    Expenses
    $292,113
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $397,111
    Expenses
    $191,394
    Contributions
    $0
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $359,286
    Expenses
    $289,050
    Assets (EOY)
    $2,569,051
  • 2020 · 990

    Revenue
    $350,599
    Expenses
    $256,654
    Assets (EOY)
    $2,498,815
  • 2019 · 990

    Revenue
    $334,993
    Expenses
    $250,836
    Assets (EOY)
    $2,404,870
  • 2018 · 990

    Revenue
    $354,730
    Expenses
    $227,333
    Assets (EOY)
    $2,320,713
  • 2017 · 990

    Revenue
    $313,043
    Expenses
    $207,167
    Assets (EOY)
    $2,193,316
  • 2016 · 990

    Revenue
    $2,588,340
    Expenses
    $1,886,794
    Assets (EOY)
    $2,087,440
  • 2015 · 990

    Revenue
    $302,035
    Expenses
    $225,543
    Assets (EOY)
    $1,385,894
  • 2014 · 990

    Revenue
    $304,805
    Expenses
    $257,729
    Assets (EOY)
    $1,309,402
  • 2013 · 990

    Revenue
    $307,671
    Expenses
    $428,418
    Assets (EOY)
    $1,262,326
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $8,898,059
    Assets (EOY)
    $5,874,733

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.