DES MOINES, IA
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)IOWA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION, founded in 1987, is a mid-sized nonprofit that reported $20.6M in total revenue in fiscal year 2024. Revenue surged 2095% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.8M, a strong 18% operating margin.
TO PROVIDE FUNDS FOR THE SETTLEMENT OF COVERED CLAIMS AGAINST IMPAIRED OR INSOLVENT MEMBER INSURERS AS DIRECTED UNDER THE IOWA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION ACT, CODE OF IOWA, CHAPTER 508C.
THE ORGANIZATION HAS ONLY ONE ACTIVITY AND THAT IS TO PROVIDE FUNDS FOR AND SETTLEMENT OF COVERED CLAIMS OF LIFE, HEALTH & ANNUITY POLICIES, PLANS, OR CONTRACTS OF INSOLVENT INSURANCE COMPANIES AND...
THE ORGANIZATION HAS ONLY ONE ACTIVITY AND THAT IS TO PROVIDE FUNDS FOR AND SETTLEMENT OF COVERED CLAIMS OF LIFE, HEALTH & ANNUITY POLICIES, PLANS, OR CONTRACTS OF INSOLVENT INSURANCE COMPANIES AND HEALTH MAINTENANCE ORGANIZATIONS MADE BY IOWA RESIDENTS AS DIRECTED UNDER THE IOWA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION ACT, CHAPTER 508C, CODE OF IOWA.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $20,634,341 | $939,957 | +21.0% |
| Expenses | $16,877,347 | $812,437 | +19.8% |
| Net Income | $3,756,994 | $127,520 | +28.5% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| N/A | DIRECTOR | 1.00 |
|
$0 | $0 | $0 |
| N/A | DIRECTOR | 1.00 |
|
$0 | $0 | $0 |
| N/A | DIRECTOR | 1.00 |
|
$0 | $0 | $0 |
| N/A | DIRECTOR | 1.00 |
|
$0 | $0 | $0 |
| N/A | DIRECTOR | 1.00 |
|
$0 | $0 | $0 |
| MATTHEW AHMANN | CHAIR | 1.00 |
Officer
|
$0 | $0 | $0 |
| SARAH S JAMES | VICE CHAIR | 1.00 |
Officer
|
$0 | $0 | $0 |
| CHRISTA D KUENNEN | TREASURER | 1.00 |
Officer
|
$0 | $0 | $0 |
| JAMES C FRASHER | SECRETARY | 1.00 |
Officer
|
$0 | $0 | $0 |
| G THOMAS SULLIVAN | EXECUTIVE DIRECTOR | 30.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $20,634,341 | $16,877,347 | $24,418,657 | $3,756,994 |
| 2024 | $939,957 | $812,437 | $16,034,351 | $127,520 |
| 2023 | $5,104,875 | $944,489 | $15,868,080 | $4,160,386 |
| 2022 | $10,389,227 | $10,939,237 | $11,629,327 | $-550,010 |
| 2021 | $17,558,418 | $14,957,808 | $12,579,955 | $2,600,610 |
| 2020 | $13,202,461 | $15,584,383 | $9,905,144 | $-2,381,922 |
| 2019 | $18,683,842 | $18,629,794 | $12,086,828 | $54,048 |
Compare IOWA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION with other nonprofits in Iowa and across the country.