SOUTH DAKOTA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION, of SIOUX FALLS, SD, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $6.1M in revenue, $541K in expenses, $9.1M in total assets.
THE PURPOSE OF THE ASSOCIATION IS TO PROTECT RESIDENTS OF SOUTH DAKOTA, AND OTHERS UNDER CERTAIN CIRCUMSTANCES, AGAINST FAILURE IN THE PERFORMANCE OF CONTRACTUAL OBLIGATIONS UNDER LIFE AND HEALTH INSURANCE POLICIES AND ANNUITY CONTRACTS BECAUSE OF THE IMPAIRMENT OR INSOLVENCY OF A MEMBER INSURER THAT ISSUED SUCH POLICIES OR CONTRACTS.
How South Dakota Life and Health Insurance Guaranty Association divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $6.1M | $541K | $9.1M |
| 2023 | $2.8M | $501K | $3.5M |
| 2022 | $7.8M | $7.3M | $1.2M |
| 2021 | $7.5M | $7.3M | $739K |
| 2020 | $7.7M | $7.4M | $555K |
Between 2020 and 2024, reported annual revenue declined from $7.7M to $6.1M (-20%), with total assets most recently reported at $9.1M.
Interactive year-over-year charts and full filing details available with membership.
