Public Charity

SOUTH CAROLINA PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOC

SOUTH CAROLINA PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOC, of COLUMBIA, SC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $28.1M in revenue, $8.5M in expenses, $68.8M in total assets.

EIN: 576069141 COLUMBIA, SC Latest filing: 2024
Total Revenue$28.1M
Total Expenses$8.5M
Total Assets$68.8M
Grant Records0
Filing Years2019–2024

Mission

TO MAKE PAYMENTS FOR UNPAID CLAIMS ON VARIOUS LINES OF INSURANCE WHEN AN INSURER ISSUING SUCH POLICIES BECOMES INSOLVENT AND IS PLACED UNDER AN ORDER OF LIQUIDATION. THE ASSOCIATION IS GOVERNED BY THE SOUTH CAROLINA DEPARTMENT OF INSURANCE.

Where $100 goes at South Carolina Property and Casualty Insurance Guaranty Assoc

How South Carolina Property and Casualty Insurance Guaranty Assoc divides every $100 it spends, from its own Form 990 filings, averaged across 7 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 purpose of the association is to make payments for unpaid claims, including unearned premiums for workers' compensation, automobile, homeowners/farmowners and other types of specific insurance coverage when…
All program spending
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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.

Officers & Directors

ASSISTANT TR Brad Woodward
ASSISTANT SE Carol Pugh
DIRECTOR Ed Stuckrath
DIRECTOR Hank Faglie
DIRECTOR Lee Jedziniak
VICE CHAIRMA Mike Masiak

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $28.1M $8.5M $68.8M
2023 $15.7M $26.0M $48.7M
2022 $43.6M $50.3M $58.6M
2020 $6.4M $5.5M $69.0M
2019 $26.9M $8.8M $68.1M

Between 2019 and 2024, reported annual revenue grew from $26.9M to $28.1M (+5%), with total assets most recently reported at $68.8M.

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

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