MINNESOTA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION
90 SOUTH SEVENTH STREET NO 3300, MINNEAPOLIS, MN 55402 www.mnlifega.org

Total Revenue
$76,332
Total Expenses
$353,277
Net Assets
$14,733,558

Organizations Filed Purposes: PROTECT PEOPLE AGAINST FAILURE IN THE PERFORMANCE OF CONTRACTUAL OBLIGATIONS.

THE ASSOCIATION'S PURPOSE IS TO PROTECT POLICY OWNERS, DEATH BENEFIT CERTIFICATE HOLDERS, INSURED'S, BENEFICIARIES, ANNUITANTS, PAYEES AND ASSIGNEES OF LIFE AND HEALTH INSURANCE POLICIES AND ANNUITY AND SUPPLEMENTAL CONTRACTS AGAINST FAILURE IN THE PERFORMANCE OF CONTRACTUAL OBLIGATIONS DUE TO THE IMPAIRMENT OF AN INSURER AUTHORIZED TO TRANSACT BUSINESS IN MINNESOTA. THE PROTECTION IS SUBJECT TO CERTAIN LIMITS AND CONDITIONS SET FORTH IN MINNESOTA STATUTES. THE ASSOCIATION ASSESSES ITS MEMBER INSURERS, SUBJECT TO CERTAIN LIMITATIONS, TO OBTAIN THE FUNDS NECESSARY TO CARRY OUT ITS PURPOSE AND DUTIES.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Gerald C BackhausFORMER EXECUTIVE DIRECTOR32$59,500
Pamela E OlsenEXECUTIVE DIRECTOR32$36,290
David H WeiserDIRECTOR0.3$0
Ashley BeaudryDIRECTOR0.3$0
Geoffrey MichelDIRECTOR0.3$0
Frederick McgarveyDIRECTOR0.3$0
Joy HigaDIRECTOR0.3$0
Keri O'BrienDIRECTOR0.3$0
Andrea ChristophersonSECRETARY/TREASURER0.5$0
Matthew C AhmannVICE-CHAIRPERSON0.5$0
Elizabeth ByrneCHAIRPERSON0.5$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202021149349300807_public.xml