Nonprofit · EIN 22-2603627
NEW JERSEY SURPLUS LINES INSURANCE GUARANTY FUND
Tax-exempt · BASKING RIDGE, NJ 07920
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $346,856 | $60,764 | $286,092 | $8,786,220 | $9,332 | $8,776,888 |
| December 31, 2023 | 990 | $482,063 | $52,113 | $429,950 | $8,497,664 | $6,868 | $8,490,796 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $346,409
- Net gain from sales of assets
- $20,685
- Other revenue
- $447
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $734
- Other salaries and wages
- $5,780
- Salaries, compensation and benefits (total)
- $8,780
- Professional fundraising fees
- $0
- Legal fees
- $18,469
- Accounting fees
- $24,377
- Occupancy
- $428
- Travel
- $38
- Depreciation
- $518
Balance sheet and other
- Total assets, start of year
- $8,497,664
- Total assets, end of year
- $8,786,220
- Total liabilities, end of year
- $9,332
- Net assets, end of year
- $8,776,888
- Publicly traded securities
- $7,770,138
- Gross receipts
- $6,096,712
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1984
- State of legal domicile
- NJ
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JOSEPH DELLAFERA | CHIEF EXECUTIVE OFFICER Officer | 0 | $0 | $296,345 | $34,369 |
| LORI CONNORS | SPECIAL COUNSEL Former | 0 | $0 | $232,967 | $35,282 |
| RONALD CHESS | DIR. OF COMPLIANCE & IT Officer | 0 | $0 | $192,290 | $36,410 |
| MICHAEL ROMEO | DIRECTOR OF CLAIMS Officer | 0 | $0 | $182,392 | $28,293 |
| TRISH YOUNG | DIRECTOR OF OPERATIONS Officer | 0 | $0 | $181,319 | $15,348 |
| JASON PINTER | ASST DIR OF COMPLIANCE & IT Highest-paid employee | 0 | $0 | $153,861 | $39,042 |
| THOMAS ANTOLA | SOFTWARE DEVELOP. MANAGER Highest-paid employee | 0 | $0 | $159,240 | $30,110 |
| RENAN BESIDO | DEPUTY DIRECTOR OF CLAIMS Highest-paid employee | 0 | $0 | $157,080 | $31,459 |
| MONICA WILKES | DIRECTOR OF HUMAN RESOURCES Officer | 0 | $0 | $147,223 | $25,323 |
| KENNETH MOELLER | ASST GENERAL COUNSEL Highest-paid employee | 0 | $0 | $158,333 | $13,551 |
| NICHOLAS HAMM | DIRECTOR OF SIU Highest-paid employee | 0 | $0 | $159,266 | $12,527 |
| FRANK ROTELLA | DIRECTOR OF FINANCE Officer | 0 | $0 | $138,479 | $11,710 |
| WILLIAM KAHLE | SPECIAL PROJECTS COORDINATOR Former | 0 | $0 | $118,700 | $28,554 |
| CHRISTOPHER LOWE | GENERAL COUNSEL Officer | 0 | $0 | $39,694 | $3,346 |
| DAVID RACZENBECK | TRUSTEE - DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JESSICA SCHLEE-GILBERT | TRUSTEE - DIRECTOR Trustee or director | 0 | $0 |
| FEDERAL INSURANCE COMPANY | INSTITUTIONAL TRUSTEE Institutional trustee | 0 | $0 |
| UNITED SERVICES AUTO ASSOC | INSTITUTIONAL TRUSTEE Institutional trustee | 0 | $0 |
| STATE FARM INSURANCE COMPANY | INSTITUTIONAL TRUSTEE Institutional trustee | 0 | $0 |
| SELECTIVE INSURANCE CO OF AMER | INSTITUTIONAL TRUSTEE Institutional trustee | 0 | $0 |
| AIG PROPERTY CASUALTY COMPANY | INSTITUTIONAL TRUSTEE Institutional trustee | 0 | $0 |
| LIBERTY MUTUAL INSURANCE CO | INSTITUTIONAL TRUSTEE Institutional trustee | 0 | $0 |
| ALLSTATE NEW JERSEY INSURANCE | INSTITUTIONAL TRUSTEE Institutional trustee | 0 | $0 |
990 for the year ended December 31, 2023: 21 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JOSEPH DELLAFERA | CHIEF EXECUTIVE OFFICER Officer | 0 | $0 | $295,408 | $34,876 |
| LORI CONNORS | GENERAL COUNSEL Officer | 0 | $0 | $232,414 | $33,169 |
| RONALD CHESS | DIR. OF COMPLIANCE & IT Officer | 0 | $0 | $186,459 | $33,664 |
| MICHAEL ROMEO | DIRECTOR OF CLAIMS Officer | 0 | $0 | $176,850 | $28,871 |
| TRISH YOUNG | DIRECTOR OF OPERATIONS Officer | 0 | $0 | $175,773 | $14,895 |
| THOMAS ANTOLA | SOFTWARE DEVELOP. MANAGER Highest-paid employee | 0 | $0 | $155,066 | $31,638 |
| RENAN BESIDO | ASST DIRECTOR OF CLAIMS Highest-paid employee | 0 | $0 | $152,014 | $34,555 |
| JASON PINTER | ASST DIRECT OF COMPLIANCE & IT Highest-paid employee | 0 | $0 | $143,978 | $35,673 |
| WILLIAM KAHLE | FORMER DIRECTOR OF FINANCE Former | 0 | $0 | $147,915 | $30,550 |
| STEVEN LISNER | SR MED BILL REVIEW & CODE ANLST Highest-paid employee | 0 | $0 | $148,624 | $26,573 |
| NICHOLAS HAMM | DIRECTOR OF SUI Highest-paid employee | 0 | $0 | $153,816 | $12,942 |
| FRANK ROTELLA | DIRECTOR OF FINANCE Officer | 0 | $0 | $119,556 | $10,238 |
| JESSICA SCHLEE-GILBERT | TRUSTEE - DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| DAVID RACZENBECK | TRUSTEE - DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| ALLSTATE NEW JERSEY INSURANCE | INSTITUTIONAL TRUSTEE Institutional trustee | 0 | $0 | $0 | $0 |
| LIBERTY MUTUAL INSURANCE CO | INSTITUTIONAL TRUSTEE Institutional trustee | 0 | $0 | $0 | $0 |
| AIG PROPERTY CASUALTY COMPANY | INSTITUTIONAL TRUSTEE Institutional trustee | 0 | $0 | $0 | $0 |
| SELECTIVE INSURANCE CO OF AMER | INSTITUTIONAL TRUSTEE Institutional trustee | 0 | $0 | $0 | $0 |
| STATE FARM INSURANCE COMPANY | INSTITUTIONAL TRUSTEE Institutional trustee | 0 | $0 | $0 | $0 |
| UNITED SERVICES AUTO ASSOC | INSTITUTIONAL TRUSTEE Institutional trustee | 0 | $0 | $0 | $0 |
| FEDERAL INSURANCE COMPANY | INSTITUTIONAL TRUSTEE Institutional trustee | 0 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 233 MOUNT AIRY RD, BASKING RIDGE, NJ 07920-2338
- In care of
- % WILLIAM KAHLE III
- Principal officer (990 for 2024)
- FRANK ROTELLA, 233 MOUNT AIRY RD, BASKING RIDGE, NJ 07920
- Signed the 990
- FRANK ROTELLA, DIRECTOR OF FINANCE
- Phone
- (908) 382-7100
- Website
- WWW.NJGUARANTY.ORG
- Return prepared by
- EISNER ADVISORY GROUP LLC
Mission
NJSLIGF WAS CREATED BY NJSA 17:22-6.70 ET SEQ. THIS STATUTE ESTABLISHES A MECHANISM FOR THE PAYMENT OF "COVERED CLAIMS" OF INSOLVENT SURPLUS LINES INSURANCE COMPANIES. IT HAS BEEN FUNDED THROUGH A ONE-TIME ASSESSMENT OF ELIGIBLE SURPLUS LINES INSURERS THROUGH JULY 21, 2011, AS WELL AS A SURCHARGE ON POLICY PREMIUMS, WHICH HAS NOT BEEN ACTIVATED SINCE AUGUST 1993.
Program accomplishments
- NJSLIGF WAS CREATED BY NJSA 17:22-6.70 ET SEQ. THIS STATUTE ESTABLISHES A MECHANISM FOR THE PAYMENT OF "COVERED CLAIMS" OF INSOLVENT SURPLUS LINES INSURANCE COMPANIES. IT HAS BEEN FUNDED THROUGH A ONE-TIME ASSESSMENT OF ELIGIBLE SURPLUS LINES INSURERS THROUGH JULY 21, 2011, AS WELL AS A SURCHARGE ON POLICY PREMIUMS, WHICH HAS NOT BEEN ACTIVATED SINCE AUGUST 1993.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 22-2603627
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1988
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $8,786,220
- Income (IRS master file)
- $6,096,712
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $346,856 | $60,764 | $8,786,220 | XML |
| 990 | December 2023 | $482,063 | $52,113 | $8,497,664 | XML |
| 990 | December 2022 | $69,463 | $51,818 | $8,063,509 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-2603627).
Questions about NEW JERSEY SURPLUS LINES INSURANCE GUARANTY FUND
- What is the EIN of NEW JERSEY SURPLUS LINES INSURANCE GUARANTY FUND?
- The employer identification number (EIN) of NEW JERSEY SURPLUS LINES INSURANCE GUARANTY FUND is 22-2603627.
- Is NEW JERSEY SURPLUS LINES INSURANCE GUARANTY FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1988.
- Are donations to NEW JERSEY SURPLUS LINES INSURANCE GUARANTY FUND tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NEW JERSEY SURPLUS LINES INSURANCE GUARANTY FUND file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NEW JERSEY SURPLUS LINES INSURANCE GUARANTY FUND due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW JERSEY SURPLUS LINES INSURANCE GUARANTY FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of NEW JERSEY SURPLUS LINES INSURANCE GUARANTY FUND?
- The 990 for the year ended December 31, 2024 names FRANK ROTELLA.
- Who are the officers and directors of NEW JERSEY SURPLUS LINES INSURANCE GUARANTY FUND?
- The 990 for the year ended December 31, 2024 lists 23 people; 0 received compensation from the organization.
- How much revenue does NEW JERSEY SURPLUS LINES INSURANCE GUARANTY FUND have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $346,856, expenses of $60,764 and total assets of $8,786,220 at year end.
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