KENTUCKY ASSIGNED CLAIMS PLAN

EIN: 510150466

LOUISVILLE, KY

Total Revenue
$5,200,897
Total Expenses
$4,887,411
Total Assets
$6,243,167
Net Assets
$5,699,959
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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)

Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
KY
Principal Officer
STEPHEN HILLIS
Phone
5023278909
Tax Period
2025-01-01 to 2025-12-31

KENTUCKY ASSIGNED CLAIMS PLAN, founded in 1980, is a community nonprofit that reported $5.2M in total revenue in fiscal year 2025. Expenses of $4.9M left a modest 6% surplus.

Mission

THE PLAN ASSIGNS CLAIMS FROM PERSONS CLAIMING AN ENTITLEMENT PURSUANT TO KY RS 304 SUB 39 TO SERVICING INSURERS. THE SERVICING INSURER INVESTIGATES AND PAYS VALID CLAIMS. THE PLAN REIMBURSES THE SERVICING INSURERS FOR CLAIM PAYMENTS PLUS EXPENSES. (SEE SCHEDULE O)MEMBER COMPANIES ARE ASSESSED ON AN ANNUAL BASIS FOR THE AGGREGATION OF CLAIM PAYMENTS PLUS EXPENSES.

Program Service Accomplishments

Program 1

ASSIGNS CLAIMS FROM PERSONS CLAIMING AN ENTITLEMENT PURSUANT TO KY RS 304 SUB 39 TO SERVICING INSURERS.

🔒

Trantor Score

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)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $5,112,457
Investment Income $88,440
Other Revenue $0
TOTAL REVENUE $5,200,897

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $4,887,411
TOTAL EXPENSES $4,887,411

Year-over-Year Comparison

2025 2024 Change
Revenue $5,200,897 $4,824,791 +0.1%
Expenses $4,887,411 $4,413,700 +0.1%
Net Income $313,486 $411,091 -0.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

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

Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$402,618
Total Directors
10
$402,618
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERICKA GOCKE CHAIRPERSON 1.00
Officer Director
$0 $0 $0
ANDREW BURSH VICE-CHAIRPERSON 1.00
Officer Director
$0 $0 $0
SCOT MCFARLAND DIRECTOR 1.00
Director
$0 $0 $0
KRISTI PARKER DIRECTOR 1.00
Director
$0 $0 $0
STEPHEN HILLIS SECRETARY-TREASURER/PLAN MANAGER 3.00
Officer Director
$0 $91,452 $402,618
TAYLOR MARTIN DIRECTOR 1.00
Director
$0 $0 $0
ALAN FINN DIRECTOR 1.00
Director
$0 $0 $0
KYLE YOUNG DIRECTOR 1.00
Director
$0 $0 $0
VIVIAN JUDY DIRECTOR 1.00
Director
$0 $0 $0
BRAD ERDMAN DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $5,200,897 $4,887,411 $6,243,167 $313,486
2024 $4,824,791 $4,413,700 $6,072,264 $411,091
2023 $4,425,968 $4,276,273 $5,482,946 $149,695
2022 $2,536,996 $3,960,720 $5,807,533 $-1,423,724
2021 $4,308,234 $4,483,416 $6,295,082 $-175,182
2020 $5,241,925 $5,970,917 $6,837,141 $-728,992
2019 $6,546,731 $6,193,815 $7,593,897 $352,916
2018 $5,072,767 $6,104,439 $7,288,472 $-1,031,672
Explore More Nonprofits
→Top 100 Nonprofits in Kentucky →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare KENTUCKY ASSIGNED CLAIMS PLAN with other nonprofits in Kentucky and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.