Public Charity

MISSISSIPPI INSURANCE GUARANTY ASSOCIATION FOUNDATION

MISSISSIPPI INSURANCE GUARANTY ASSOCIATION FOUNDATION is a nonprofit organization categorized as Public Charity based in FLOWOOD, MS. Its most recent IRS filing (2025) reports revenue of $4.3M, expenses of $-437K, total assets of $115.0M.

EIN: 237366411 FLOWOOD, MS Latest filing: 2025
Total Revenue$4.3M
Total Expenses$-437K
Total Assets$115.0M
Grant Records0
Filing Years2021–2025

Mission

OUR MISSION IS TO MANAGE IN A PROFESSIONAL AND TIMELY MANNER THE PROPERTY-CASUALTY INSOLVENCIES FOR WHICH MIGA IS RESPONSIBLE BY DISCHARGING ASSOCIATION DUTIES IN ACCORDANCE WITH GOVERNING STATUTES AND PLAN OF OPERATING PROVISIONS.

Officers & Directors

EXECUTIVE DIRECTOR Arthur Russell
CLAIM COMM Becky Hillhouse Amfed National
SECRETARY/TREASURER/EXEC C Bryan Hubbard Alfa Insurance Co
INVESTMENT COMM Carey Breedlove Travelers Ins Co
LEGISLATIVE COMM Carly Hermanson Allstate Insurance
CLAIM COMM Clint Fisher Ms Farm Bureau Ins

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $4.3M $-437K $115.0M
2024 $3.6M $-17.8M $111.1M
2023 $2.7M $-8.4M $110.3M
2022 $4.9M $-2.4M $109.5M
2021 $4.0M $-3.2M $122.0M

Between 2021 and 2025, reported annual revenue grew from $4.0M to $4.3M (+6%), with total assets most recently reported at $115.0M.

Interactive year-over-year charts and full filing details available with membership.

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