WESTERN GUARANTY FUND SERVICES

EIN: 840955267

Denver, CO

Total Revenue
$2,662,496
Total Expenses
$2,662,496
Total Assets
$850,669
Net Assets
N/A
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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
1986
Legal Domicile
CO
Principal Officer
Chad Anderson
Phone
3037595066
Tax Period
2025-01-01 to 2025-12-31

WESTERN GUARANTY FUND SERVICES, founded in 1986, is a community nonprofit that reported $2.7M in total revenue in fiscal year 2025.

Mission

To provide exceptional management and administrative services to member guaranty associations, ensuring their statutory and operational duties are carried out, while managing the financial and operational risks of the member guaranty associations and Western Guaranty Fund Services.

Program Service Accomplishments

Program 1
Expenses: $2,396,246 Revenue: $2,662,496

Western Guaranty Fund Services provides accounting, administration and management for seven property and casualty insurance guaranty associations. In total, over 8,500 checks were issued paying over...

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Western Guaranty Fund Services provides accounting, administration and management for seven property and casualty insurance guaranty associations. In total, over 8,500 checks were issued paying over $16 million to claimants and providers during 2025. At year end, there were 1,594 open claims with over $96 million in estimated future claim obligations.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,662,496
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,662,496

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,011,458
Fundraising Expenses $0
Program Expenses $2,396,246
Other Expenses $651,038
TOTAL EXPENSES $2,662,496

Year-over-Year Comparison

2025 2024 Change
Revenue $2,662,496 $2,650,520 +0.0%
Expenses $2,662,496 $2,650,520 +0.0%
Net Income $0 $0 N/A
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
7
Independent Members
7
Employees
14
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
2
$549,860
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Chad Anderson President 50
Officer
$264,830 $49,879 $314,709
Lorraine Segedie Controller/CFO 50
Officer
$203,067 $32,084 $235,151
Alex Rambau IT/Admin Manager 50
Highest
$186,393 $20,948 $207,341
Claudia Renegar Claim Manager 50
Highest
$139,413 $26,484 $165,897
Chris Brown rep for KS Board Chair 1
Director
$0 $0 $0
Kim Decker rep for CO Board Vice-Chair 1
Director
$0 $0 $0
Brennan Neville rep for NE Board Member 1
Director
$0 $0 $0
John Graham rep for ID Board Member 1
Director
$0 $0 $0
Kerri Bekker rep for MT Board Member 1
Director
$0 $0 $0
John Hedegard rep for WA Board Member 1
Director
$0 $0 $0
Troy Lumaye rep for WY Board Member 1
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 $2,662,496 $2,662,496 $850,669 No data
2024 $2,650,520 $2,650,520 $931,547 No data
2023 $2,281,075 $2,281,075 $1,069,171 No data
2022 $2,129,649 $2,129,649 $1,198,570 No data
2021 $1,878,740 $1,878,740 $596,416 No data
2020 $1,836,098 $1,836,098 $600,126 No data
2019 $2,058,600 $2,058,600 $483,965 No data
2018 $2,015,380 $2,015,380 $467,317 No data
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