Public Charity

LOUISIANA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION

LOUISIANA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION is a nonprofit organization categorized as Public Charity based in BATON ROUGE, LA. Its most recent IRS filing (2024) reports revenue of $14.8M, expenses of $10.0M, total assets of $36.7M.

EIN: 721199390 BATON ROUGE, LA Latest filing: 2024
Total Revenue$14.8M
Total Expenses$10.0M
Total Assets$36.7M
Grant Records0
Filing Years2019–2024

Mission

THE PURPOSE OF THE ASSOCIATION IS TO PROTECT, SUBJECT TO CERTAIN LIMITATIONS, LOUISIANA RESIDENTS AGAINST FAILURE IN THE PERFORMANCE OF CONTRACTUAL OBLIGATIONS UNDER LIFE AND HEALTH INSURANCE POLICIES AND ANNUITY CONTRACTS DUE TO THE IMPAIRMENT OR INSOLVENCY OF THE MEMBER INSURER THAT ISSUED THE POLICIES OR CONTRACTS.

Officers & Directors

DIRECTOR Buddy Courtney
DIRECTOR Daniel Lagrone
DIRECTOR Darie Jordan
DIRECTOR Dennis Bamburg Jr
DIRECTOR Donna D Fraiche
DIRECTOR (THRU 01/2024) Doug Wheeler

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $14.8M $10.0M $36.7M
2023 $9.8M $3.8M $31.9M
2022 $4.1M $2.1M $26.2M
2020 $4.1M $2.4M $20.8M
2019 $1.6M $1.2M $19.1M

Between 2019 and 2024, reported annual revenue grew from $1.6M to $14.8M (+811%), with total assets most recently reported at $36.7M.

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

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