SOUTH DAKOTA INSURANCE GUARANTY ASSOCIATION
101 N MAIN AVE STE 213 PO BOX 2790, SIOUX FALLS, SD 571012790 sdakota.ncigf.org

Total Revenue
$1,299,530
Total Expenses
$592,583
Net Assets
$7,474,195

Organizations Filed Purposes: THE SOUTH DAKOTA INSURANCE GUARANTY ASSOCIATION WAS FORMED TO PROVIDE BENEFITS TO INSURANCE POLICY HOLDERS OF PROPERTY, CASUALTY, WORKMEN'S COMPENSATION, AND AUTOMOBILE LIABILITY POLICIES, IN THE EVENT SUCH AN INSURANCE COMPANY THAT DOES BUSINESS IN SOUTH DAKOTA BECOMES INSOLVENT.

PROVIDE BENEFITS TO INSURANCE POLICY HOLDERS OF INSOLVENT INSURANCE COMPANIES

FROM ITS INCEPTION IN 1970 THROUGH DECEMBER 31, 2019, THE ASSOCIATION HAS PAID $27.2 MILLION TO OR ON BEHALF OF HOLDERS OF COVERED CLAIMS AGAINST INSOLVENT AUTOMOBILE, WORKERS' COMPENSATION AND PROPERTY AND CASUALTY INSURERS WHO TRANSACTED BUSINESS IN THE STATE OF SOUTH DAKOTA. THE ASSOCIATION HAS ALSO REFUNDED $1.2 MILLION IN UNEARNED PREMIUM TO POLICYHOLDERS OF THOSE INSOLVENT INSURERS.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Edwin EvansMANAGING SECRETARY4$0
Jim DavidsonDIRECTOR1$0
Jeff JonesDIRECTOR1$0
Rob HovlandDIRECTOR1$0
Brian BowkerDIRECTOR1$0
Melvin JuranSECRETARY1$0
Richard JohnsonTREASURER1$0
Craig MatsonCHAIRMAN2$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202011839349301516_public.xml