LEAGUE OF LIFE AND HEALTH INSURERS OF MD INC

EIN: 521659774

ANNAPOLIS, MD

Total Revenue
$593,535
Total Expenses
$354,000
Total Assets
$422,930
Net Assets
$422,930
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
MD
Principal Officer
MATTHEW F CELENTANO
Phone
4102695186
Tax Period
2024-01-01 to 2024-12-31

LEAGUE OF LIFE AND HEALTH INSURERS OF MD INC, founded in 1989, is a small nonprofit that reported $594K in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $240K, a strong 40% operating margin.

Mission

INFORM MEMBERS ON LEGISLATIVE & REGULATORY ACTIVITIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $584,516
Investment Income $9,019
Other Revenue $0
TOTAL REVENUE $593,535

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $354,000
TOTAL EXPENSES $354,000

Year-over-Year Comparison

2024 2023 Change
Revenue $593,535 $443,347 +0.3%
Expenses $354,000 $328,064 +0.1%
Net Income $239,535 $115,283 +1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
18
Independent Members
18
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
5
$0
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATTHEW F CELENTANO EXECUTIVE DI 32.00
Officer
$0 $0 $0
MICHAEL HICKEY PRESIDENT 2.00
Officer Director
$0 $0 $0
BRYAN NEWCOMBE CHAIRMAN 2.00
Officer Director
$0 $0 $0
UMBERTO SPERANZA TREASURER 2.00
Officer Director
$0 $0 $0
ERIN APPEL SECRETARY 2.00
Officer Director
$0 $0 $0
ZACHARY PETERS BOARD MEMBER 2.00
Director
$0 $0 $0
DARANELL JORDAN BOARD MEMBER 2.00
Director
$0 $0 $0
HAROLD ROJAS BOARD MEMBER 2.00
Director
$0 $0 $0
KATELYNN ECKERT BOARD MEMBER 2.00
Director
$0 $0 $0
ERIC DUPONT BOARD MEMBER 2.00
Director
$0 $0 $0
JAMES SLOTNICK BOARD MEMBER 2.00
Director
$0 $0 $0
RYAN CHIEFFO BOARD MEMBER 2.00
Director
$0 $0 $0
MARCUS FERGUSON BOARD MEMBER 2.00
Director
$0 $0 $0
DAVID MELMAN BOARD MEMBER 2.00
Director
$0 $0 $0
REBECCA FORD BOARD MEMBER 2.00
Director
$0 $0 $0
ALEXA GREENBERG BOARD MEMBER 2.00
Director
$0 $0 $0
LARRY LEWIS BOARD MEMBER 2.00
Director
$0 $0 $0
KATHLEEN LOUGHRAN BOARD MEMBER 2.00
Director
$0 $0 $0
ROBERT CORN BOARD MEMBER 2.00
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 No data No data No data No data
2024 $593,535 $354,000 $422,930 $239,535
2023 $443,347 $328,064 $183,395 $115,283
2022 $242,761 $272,230 $68,112 $-29,469
2021 $278,293 $240,000 $97,581 $38,293
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