2024-09-03T11:46:06-04:00 2023-12-31 870516083 LARSON & COMPANY PC 11240 S RIVER HEIGHTS DR STE 300 SOUTH JORDAN UT 840955123 990 2023-01-01 880134332 NEVADA INSURANCE GUARANTY ASSOCIATION NEVA 7023680607 1635 VILLAGE CENTER CIRCLE STE 170 LAS VEGAS NV 89134 JOEL FIERRO EXECUTIVE DIRECTOR 7023680607 2024-08-29 true false RICHARD SCORESBY CPA P00573067 8013131900 2024-08-29 2023 2024-08-08 14:25:15Z X JOEL FIERRO 1635 VILLAGE CENTER CIRCLE STE 170 LAS VEGAS NV 89134 10357258 false X WWW.NVIGA-PC.ORG X 1971 NV PAY CLAIMS OF INSOLVENT INSURANCE COMPANIES. 8 8 4 6 0 0 0 0 14989543 10357258 14989543 10357258 0 0 388223 317828 0 0 5253791 3072211 5642014 3390039 9347529 6967219 18546670 26578978 36089390 20971446 -17542720 5607532 PAY CLAIMS OF INSOLVENT INSURANCE COMPANIES. false false THE ORGANIZATION ADMINISTERED AND PAID CLAIMS AND RELATED EXPENSES OF 2,566,927 TO POLICYHOLDERS ON BEHALF OF INSOLVENT INSURANCE COMPANIES. false false false false false false false false false false false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false true 2 0 true 4 true false false false false false false false false X 8 8 false false false false false false false true true false false false true true true true true false false false X JOEL FIERRO 7023680607 1635 VILLAGE CENTER CIRCLE STE 170 LAS VEGAS NV 89134 JOEL FIERRO EXECUTIVE DI 40.00 X 127655 0 17186 JOE HERNANDEZ SECRETARY/TR 0.50 X X 3000 0 0 PETER M CAZZOLLA CHAIRPERSON 1.00 X X 1000 0 0 CECIL AUTRY DIRECTOR 0.30 X 0 0 0 MICHELE BALADY DIRECTOR 0.30 X 0 0 0 RANDI CIGELNIK DIRECTOR 0.50 X 0 0 0 JOHN DONAHUE DIRECTOR 0.50 X 0 0 0 KURT R STEMMLER VICE CHAIRPE 0.50 X X 0 0 0 DAVE MACY DIRECTOR 0.30 X 0 0 0 131655 17186 1 false false false ASSESSMENT REVENUE 900099 8989425 8989425 RECOVERIES 900099 1367833 1367833 10357258 10357258 10357258 148841 104334 11419 32786 20448 31618 3051 15941 217432 43934 26735 163320 CLAIMS & LOSSES PAID 2566927 DUES & SUBSCRIPTIONS 71055 TAXES & LICENSES 2024 ULAE OPERATING EXPENSES -69826 3390039 0 0 0 1948805 1402232 16593199 25172080 4666 4666 18546670 26578978 36089390 20971446 36089390 20971446 X -17542720 5607533 -17542720 5607533 18546670 26578979 X 6967219 1065090 15117944 X false true X false false LOSS RESERVES 20962180 UNEARNED PREMIUMS 9266 20971446 X 11422348 1065090 1065090 10357258 10357258 3390039 3390039 3390039 SCHEDULE D, PAGE 3, PART X THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE ASSOCIATION IS A NOT- FOR-PROFIT, TAX-EXEMPT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(6)AND, AS SUCH, IS EXEMPT FROM PAYING STATE AND FEDERAL INCOME TAX. THE ASSOCIATION DID NOT PAY ANY INCOME TAXES FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022. THE FASB HAS PROVIDED GUIDANCE FOR HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, AND DISCLOSED IN THE FINANCIAL STATEMENTS. MANAGEMENT HAS EVALUATED THE ASSOCIATION'S TAX POSITIONS AND DETERMINED THERE ARE NO UNCERTAIN TAX POSITIONS. FORM 990, PAGE 6, PART VI, LINE 11B THE REVIEW PROCESS IS AS FOLLOWS: UPON RECEIPT OF THE FORM 990, THE EXECUTIVE DIRECTOR AND BOOKKEEPER REVIEW THE DOCUMENTS CONTAINED HEREIN. THEY THEN VERIFY FIGURES TO THE BEST AVAILABLE INFORMATION FROM THE GENERAL LEDGER FOR THE TAX REPORTING YEAR. THEY ALSO REVIEW THE ANSWERS TO EACH OF THE QUESTIONS. ONCE THE INFORMATION MEETS THEIR APPROVAL, THE DOCUMENTS ARE REMITTED WITH APPROVAL FOR FINAL PRINTING. THE RETURN IS THEN PRINTED, SIGNED AND SUBMITTED TO THE INTERNAL REVENUE SERVICE. FORM 990, PAGE 6, PART VI, LINE 12C DURING EACH BOARD MEETING, ANY CONFLICTS OF INTEREST ARE DISCUSSED AND RECORDED IN THE MINUTES OF THE MEETING. FORM 990, PAGE 6, PART VI, LINE 19 NO DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9 CHANGE IN LOSS RESERVES 15,117,944