Public Charity

NORTH CAROLINA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION

Based in Raleigh, NC, NORTH CAROLINA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION operates as a Public Charity. The organization reported $16.9M in revenue, $39.0M in expenses, $61.8M in total assets for fiscal year 2025.

EIN: 561208068 Raleigh, NC Latest filing: 2025
Total Revenue$16.9M
Total Expenses$39.0M
Total Assets$61.8M
Grant Records0
Filing Years2021–2025

Mission

The Guaranty Association was established to provide certain protection to North Carolina policyholders of impaired or insolvent insurers in accordance with North Carolina General Statute 58-62

Where $100 goes at North Carolina Life and Health Insurance Guaranty Association

How North Carolina Life and Health Insurance Guaranty Association divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
The Guaranty Association was established to provide certain protections to North Carolina policyholders of impaired or insolvent insurers
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Executive Director Bradley E Taman
Director Mathias Bishop
Director Sandra Johnson

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $16.9M $39.0M $61.8M
2024 $91.9M $32.4M $84.0M
2023 $10.5M $5.7M $24.5M
2022 $2.1M $1.2M $19.6M
2021 $2.3M $1.5M $18.7M

Between 2021 and 2025, reported annual revenue grew from $2.3M to $16.9M (+634%), with total assets most recently reported at $61.8M.

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

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