MONTANA LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION

EIN: 810360771

ADEL, IA

Total Revenue
$537,398
Total Expenses
$981,315
Total Assets
$10,462,229
Net Assets
$9,353,603
🔒

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
1974
Legal Domicile
MT
Principal Officer
LORI GEADELMANN
Phone
4068807017
Tax Period
2025-01-01 to 2025-12-31

MONTANA LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION, founded in 1974, is a small nonprofit that reported $537K in total revenue in fiscal year 2025. Revenue fell 77% from the prior year — a significant decline worth monitoring. Expenses of $981K exceeded revenue, resulting in a 83% operating deficit.

Mission

MONTANA LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION WAS ESTABLISHED TO PROVIDE CERTAIN PROTECTIONS TO POLICYHOLDERS OF IMPAIRED OR INSOLVENT INSURERS IN ACCORDANCE WITH MONTANA STATUTES TITLE 33, CHAPTER 10, PART 2.

Program Service Accomplishments

Program 1

PAYMENT OF LIFE, HEALTH, LONG-TERM CARE, AND ANNUITY CLAIMS TO INSURED INDIVIDUALS AND ADDRESS OTHER CONTRACTUAL OBLIGATIONS OF EXISTING INSURANCE POLICIES OF INSOLVENT 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 $159,725
Investment Income $357,658
Other Revenue $20,015
TOTAL REVENUE $537,398

Expense Breakdown

Grants Paid $0
Salaries & Benefits $107,000
Fundraising Expenses $0
Other Expenses $874,315
TOTAL EXPENSES $981,315

Year-over-Year Comparison

2025 2024 Change
Revenue $537,398 $2,382,346 -0.8%
Expenses $981,315 $1,125,533 -0.1%
Net Income $-443,917 $1,256,813 -1.4%
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
8
Independent Members
8
Employees
N/A
Volunteers
8

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
1
$107,000
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ASHLEE STRONG DIRECTOR-PUBLIC MEMBER 1.00
Director
$0 $0 $0
LESLEY VON ESCHEN DIRECTOR-PUBLIC MEMBER 1.00
Director
$0 $0 $0
N/A BOARD CHAIR 1.00
$0 $0 $0
N/A TREASURER/SECRETARY 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
LORI GEADELMANN EXECUTIVE DIRECTOR 20.00
Officer
$107,000 $0 $107,000
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 $537,398 $981,315 $10,462,229 $-443,917
2024 $2,382,346 $1,125,533 $10,906,146 $1,256,813
2023 $1,152,794 $373,396 $9,649,333 $779,398
2022 $436,269 $339,009 $8,869,935 $97,260
2021 $528,870 $355,363 $8,772,675 $173,507
2020 $499,088 $352,524 $8,599,168 $146,564
2019 $214,284 $481,796 $8,452,604 $-267,512
2018 $869,582 $1,002,761 $8,720,116 $-133,179
Explore More Nonprofits
→Top 100 Nonprofits in Iowa →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare MONTANA LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION with other nonprofits in Iowa 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.