MAINE SELF-INSURANCE GUARANTEE ASSOCIATION
42 STONEGATE RD C/O EBROGAN, CAPE ELIZABETH, ME 04107

Total Revenue
$201,058
Total Expenses
$200,171
Net Assets
$4,695,991

Organizations Filed Purposes: TO PROVIDE MECHANISMS FOR THE PAYMENTS OF COVERED WORKERS COMPENSATION CLAIMS UNDER SELF INSURANCE COVERAGE, TO AVOID EXCESSIVE DELAYS IN PAYMENT, TO AVOID FINANCIAL LOSS TO CLAIMANTS BECAUSE OF THE INSOLVENCY OF A SELF-INSURER AND TO ASSIST WHEN CALLED UPON TO DO SO BY THE SUPERINTENDENT OF INSURANCE, IN THE DETECTION OF SELF-INSURER INSOLVENCIES.

GUARANTEE FUND PROVIDES FUNDS TO BE USED TO MAKE MANDATED BENEFIT PAYMENTS TO COVERED PARTICIPANTS IN SELF-INSURED WORKERS COMPENSATION PROGRAMS IN MAINE IN THE EVENT THAT THE SELF-INSURED PROGRAM BECOMES INSOLVENT.

PROVIDE A MECHANISM FOR SERVICING CLAIMS THAT ARE BEING PAID OUT OF BOND PROCEEDS AFTER THE SELF INSURER HAS GONE OUT OF BUSINESS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Elizabeth BroganADMINISTRATOR10$45,000
Amy WebberDIRECTOR0.1$0
John NormanDIRECTOR0.1$0
Cheryl RussellDIRECTOR0.1$0
Dale WibberlyDIRECTOR0.1$0
Brian ParkeTREASURER0.1$0
Lee CyrVICE CHAIR0.1$0
Dan FergusonCHAIR0.1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202100779349300700_public.xml