2025-10-20T08:51:33+00:00 2024-12-31 870516083 Larson & Company PC 11240 S River Heights Dr Ste 300 South Jordan UT 840955123 990 2024-01-01 870357341 Utah Life and Health Insurance Guaranty Association UTAH 8013209955 450 S Simmons Way Ste 650 Kaysville UT 84037 David Call Executive Director 8013209955 2025-10-20 true true Richard Scoresby P00573067 8013131900 2025-09-24 2024 2025-03-06 01:10:19Z X David Call 450 S Simmons Way Ste 650 Kaysville UT 84037 31555893 false X WWW.ULHIGA.ORG X 1979 UT 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) 11 11 0 9 0 0 0 756894 31393738 62931 162155 0 0 819825 31555893 0 0 0 0 146193 104768 0 0 0 205245 335525 351438 440293 468387 31115600 2478902 33253103 533449 215642 1945453 33037461 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) false false 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). During 2024, $31,299,206 of assessments were made to member insurers to cover future claims and to fund the association. 0 false false false false true false false false false false false false false true 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 false false false false false false true 8 0 true 0 false false false false false false false false X 11 11 true false false false true true true true true true false false false true true true false true false false false false X David Call 8013209955 450 S Simmons Way Ste 650 Kaysville UT 84037 Aaron M Pacini Secretary/Treasurer 0.8 X X 1100 0 0 J David Pearce Chairman 0.8 X X 0 0 0 Stephen Foxley Vice Chairman 0.8 X X 0 0 0 Amy Mueller Director 0.4 X 0 0 0 Andrea M Hales Public Rep. 0.4 X 1100 0 0 Bryan Nielsen Director 0.4 X 0 0 0 James M Harrison Director 0.4 X 0 0 0 Larry Slone Director 0.4 X 0 0 0 Liane Latham Director 0.4 X 0 0 0 Richard C Jones Director 0.4 X 0 0 0 Shelpby Cuevas Director 0.4 X 0 0 0 David D Call Executive Director 40.0 X 102769 0 0 104969 0 0 1 false false false 0 0 Receivership Receipts 900099 94532 94532 Assessments 900099 31299206 31299206 0 0 0 0 31393738 162155 162155 0 0 0 0 0 0 0 0 0 0 31555893 31393738 0 162155 X 0 104768 5488 17625 87465 8634 12242 7320 15688 8893 9691 NOLHGA Assesments 93180 NOLHGA Dues 61908 NOLHGA Data Survey 6547 Assumption Reinsurance Considerations 844 0 440293 153694 770774 2325208 25788283 0 0 0 0 0 0 0 0 6694046 2478902 33253103 32113 17869 0 501336 197773 533449 215642 1945453 33037461 1945453 33037461 2478902 33253103 31115600 -23592 0 X false true true false false true false Assessment Balances Receivable 6694046 6694046 Federal Income Taxes Assessment Balances Payable 197773 197773 X 31532300 -23593 0 -23593 31555893 0 0 31555893 440293 0 0 440293 0 0 440293 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Internal Revenue Service (IRS) has determined that the Association is a not-for-profit, tax-exempt organization under Internal Revenue Code Section 501(c)(6). Therefore, no provision for income taxes has been included in the financial statements. There were no income taxes paid as of December 31, 2024 and 2023. The Association follows the guidance of Accounting Standards Codification (ASC) 740, Accounting for Income Taxes, related to uncertainties in income taxes, which prescribes a threshold of more likely than not for recognition and derecognition of tax positions taken or expected to be taken in a tax return. There are no such uncertain tax positions for the Association for the years ended December 31, 2024, and 2023. Generally, tax years remain open to examination for three years from the date the information return is filed with the IRS. Form 990, Part VI, Line 6 Classes of members or stockholders CLASSES OF MEMBER OR STOCKHOLDERS MEMBERS OF THE ASSOCIATION ARE BY THE STATUTUE ALL THE INSURERS WITH A RELEVANT CERTIFICATE OF AUTHORITY IN THE STATE OF UTAH, AND SUCH MEMBER INSURERS ELECT NINE MEMBER INSURERS TO THE BOARD OF DIRECTORS, SUBJECT TO THE APPROVAL OF THE UTAH INSURANCE COMMISSIONER. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body ELECTION OF MEMBERS AND THEIR RIGHTS THE MEMBER INSURERS OF THE GUARANTY ASSOCIATION SELECT THE BOARD OF DIRECTORS OF THE GUARANTY ASSOCIATION, SUBJECT TO THE APPROVAL OF THE UTAH INSURANCE COMMISSIONER. THE UTAH INSURANCE COMMISSIONER ALSO APPOINTS TWO PUBLIC REPRESENTATIVE MEMBERS TO THE BOARD OF DIRECTORS OF THE ASSOCIATION. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders DECISIONS SUBJECT TO APPROVAL OF MEMBERS THE ELECTION OF THE MEMBERS OF THE BOARD IS SUBJECT TO THE APPROVAL OF THE UTAH INSURANCE COMMISSIONER. IN ADDITION, THE PLAN OF OPERATION (INCLUDING AMENDMENTS) IS SUBJECT TO THE APPROVAL OF THE UTAH INSURANCE COMMISSIONER. Form 990, Part VI, Line 9 Interested person not at organization's address J. DAVID PEARCE 55 NORTH 300 WEST, SUITE 800 SALT LAKE CITY, UT 84145 RICHARD C. JONES 100 FIRST STAMFORD PLACE STAMFORD, CT 06902 AMY MUELLER 720 EAST WISCONSIN AVENUE MILWAUKEE, WI 53202 STEPHEN FOXLEY 2890 EAST COTTONWOOD PARKWAY SALT LAKE CITY, UT 84121 ANDREA M. HALES 1651 WEST 14600 SOUTH BLUFFDALE, UT 84065 AARON M. PACINI 10499 S BROOKLYN VIEW LN SOUTH JORDAN, UT 84095 LARRY SLONE ONE STATE FARM PLAZA BLOOMINGTON, IL 61710 BRYAN NIELSEN 5381 GREEN STREET MURRAY, UT 84123 LIANE LATHAM 245 SUMMER STREET BOSTON, MA 02210 JAMES M HARRISON 711 HIGH STREET DES MOINES, IA 50392-0220 Form 990, Part VI, Line 11b Review of form 990 by governing body THE ASSOCIATION'S EXECUTIVE DIRECTOR REVIEWS THE RETURN AND RECOMMENDS NECESSARY CHANGES. COPIES OF THE FILED RETURN ARE PROVIDED TO THE DIRECTORS. Form 990, Part VI, Line 12c Conflict of interest policy BOARD MEMBERS ARE REQUIRED TO SUBMIT A SIGNED ANNUAL DISCLOSURE STATEMENT REGARDING CONFLICTS AND POTENTIAL CONFLICTS. THESE ARE REVIEWED BY THE ASSOCIATION'S EXECUTIVE COMMITTEE AND REPORTED TO THE BOARD AT ITS ANNUAL MEETING. Form 990, Part VI, Line 19 Required documents available to the public THE ASSOCIATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part IX, Line 11g Other Fees Consulting - Total Expense: 87465, Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ;