Utah Life and Health Insurance Guaranty Association

EIN: 870357341

Kaysville, UT

Total Revenue
$31,555,893
Total Expenses
$440,293
Total Assets
$33,253,103
Net Assets
$33,037,461
🔒

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
1979
Legal Domicile
UT
Phone
8013209955
Tax Period
2024-01-01 to 2024-12-31

Utah Life and Health Insurance Guaranty Association, founded in 1979, is a mid-sized nonprofit that reported $31.6M in total revenue in fiscal year 2024. Revenue surged 3749% from the prior year, signaling strong growth momentum. The organization ran a surplus of $31.1M, a strong 99% operating margin.

Mission

Association established by the state of Utah to provide certain protections to policyholders of impaired or insolvent insurers. (reference 31a-28-103 of Utah code annotated)

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $31,393,738
Investment Income $162,155
Other Revenue $0
TOTAL REVENUE $31,555,893

Expense Breakdown

Grants Paid $0
Salaries & Benefits $104,768
Fundraising Expenses $0
Program Expenses $0
Other Expenses $335,525
TOTAL EXPENSES $440,293

Year-over-Year Comparison

2024 2023 Change
Revenue $31,555,893 $819,825 +37.5%
Expenses $440,293 $351,438 +0.3%
Net Income $31,115,600 $468,387 +65.4%
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
11
Independent Members
11
Employees
N/A
Volunteers
9

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
4
$103,869
Total Directors
11
$2,200
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Aaron M Pacini Secretary/Treasurer 0.8
Officer Director
$1,100 $0 $1,100
J David Pearce Chairman 0.8
Officer Director
$0 $0 $0
Stephen Foxley Vice Chairman 0.8
Officer Director
$0 $0 $0
Amy Mueller Director 0.4
Director
$0 $0 $0
Andrea M Hales Public Rep. 0.4
Director
$1,100 $0 $1,100
Bryan Nielsen Director 0.4
Director
$0 $0 $0
James M Harrison Director 0.4
Director
$0 $0 $0
Larry Slone Director 0.4
Director
$0 $0 $0
Liane Latham Director 0.4
Director
$0 $0 $0
Richard C Jones Director 0.4
Director
$0 $0 $0
Shelpby Cuevas Director 0.4
Director
$0 $0 $0
David D Call Executive Director 40.0
Officer
$102,769 $0 $102,769
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
2024 $31,555,893 $440,293 $33,253,103 $31,115,600
2023 $819,825 $351,438 $2,478,902 $468,387
2022 $1,258 $320,831 $1,951,601 $-319,573
2021 $25,905 $300,927 $2,267,486 $-275,022
2020 $745,367 $359,108 $2,545,151 $386,259
2019 $115,754 $324,543 $2,160,051 $-208,789
2018 $132,395 $474,152 $2,366,603 $-341,757
2018 $132,395 $474,152 $2,366,603 $-341,757
2017 $10,159,325 $11,370,138 $11,129,610 $-1,210,813
Explore More Nonprofits
→Top 100 Nonprofits in Utah →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Utah Life and Health Insurance Guaranty Association with other nonprofits in Utah 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.