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Nonprofit · EIN 23-7211200

INDIANA INSURANCE GUARANTY ASSOCIATION

Tax-exempt · INDIANAPOLIS, IN 46268

Financials

$4.9M$3.8M2023$775K$2M2024
Revenue Expenses · by fiscal year end
Financials of INDIANA INSURANCE GUARANTY ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$775,457$1,988,568-$1,213,111$8,350,793$729$8,350,064
December 31, 2023990$4,901,370$3,844,043$1,057,327$9,508,532$86$9,508,446
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$449,242
Investment income
$326,215
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$53,529
Accounting fees
$26,753
Occupancy
$14,460
Travel
$19,126

Balance sheet and other

Total assets, start of year
$9,508,532
Total assets, end of year
$8,350,793
Total liabilities, end of year
$729
Net assets, end of year
$8,350,064
Gross receipts
$775,457
Employees
0
Volunteers
0
Year formed
1971
State of legal domicile
IN

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.

NameTitleHours / weekCompensation
INDIANA FARMERS MUTUAL INSURANCE COMPCHAIR
Institutional trustee
0.5$0
STATE FARM FIRE AND CASUALTY COMPANYVICE CHAIR
Institutional trustee
0.5$0
MEDICAL PROTECTIVESECRETARY/TREASURER
Institutional trustee
0.5$0
INDIANA INSURANCE COMPANYDIRECTOR
Institutional trustee
0.5$0
THE CINCINNATI INSURANCE COMPANYDIRECTOR
Institutional trustee
0.5$0
UNITED FARM FAMILY MUTUAL INSURANCE CDIRECTOR
Institutional trustee
0.5$0
AUTOMOBILE CLUB INTER INSURANCE EXCHADIRECTOR
Institutional trustee
0.5$0
PROTECTIVE INSURANCE COMPANYDIRECTOR
Institutional trustee
0.5$0
MONROE GUARANTY INSURANCE COMPANYDIRECTOR
Institutional trustee
0.5$0
AMANDA BARBERAEXECUTIVE DIRECTOR
Officer
15$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
INDIANA FARMERS MUTUAL INSURANCE COMPCHAIR
Institutional trustee
0.5$0
STATE FARM FIRE AND CASUALTY COMPANYVICE CHAIR
Institutional trustee
0.5$0
MEDICAL PROTECTIVESECRETARY/TREASURER
Institutional trustee
0.5$0
INDIANA INSURANCE COMPANYDIRECTOR
Institutional trustee
0.5$0
THE CINCINNATI INSURANCE COMPANYDIRECTOR
Institutional trustee
0.5$0
UNITED FARM FAMILY MUTUAL INSURANCE CDIRECTOR
Institutional trustee
0.5$0
AUTOMOBILE CLUB INTER INSURANCE EXCHADIRECTOR
Institutional trustee
0.5$0
PROTECTIVE INSURANCE COMPANYDIRECTOR
Institutional trustee
0.5$0
MONROE GUARANTY INSURANCE COMPANYDIRECTOR
Institutional trustee
0.5$0
AMANDA BARBERAEXECUTIVE DIRECTOR
Officer
15$0

Address and contacts

Address (IRS master file)
3502 WOODVIEW TRCE STE 100, INDIANAPOLIS, IN 46268-3182
Principal officer (990 for 2024)
AMANDA BARBERA, 3502 WOODVIEW TRCE STE 100, INDIANAPOLIS, IN 462683182
Signed the 990
AMANDA BARBERA, EXECUTIVE DIRECTOR
Phone
(317) 636-8204
Return prepared by
CBIZ ADVISORS LLC

Mission

THE INDIANA INSURANCE GUARANTY ASSOCIATION ("ASSOCIATION") WAS ESTABLISHED TO PROVIDE CERTAIN PROTECTIONS TO POLICYHOLDERS OF INSOLVENT INSURANCE COMPANIES IN ACCORDANCE WITH INDIANA CODE 27-6-8.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ASSOCIATION PAYS COVERED CLAIMS OF POLICYHOLDERS OF INSOLVENT INSURANCE COMPANIES, AS SPECIFIED IN INDIANA CODE 27-6-8. PART IX OF THIS FORM PROVIDES ADDITIONAL INFORMATION OF THE POLICY CLAIMS PAID.

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-7211200
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1973
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$8,350,793
Income (IRS master file)
$775,457

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$775,457$1,988,568$8,350,793XML
990December 2023$4,901,370$3,844,043$9,508,532XML
990December 2022$772,307$1,552,655$8,349,714IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 23-7211200).

Questions about INDIANA INSURANCE GUARANTY ASSOCIATION

What is the EIN of INDIANA INSURANCE GUARANTY ASSOCIATION?
The employer identification number (EIN) of INDIANA INSURANCE GUARANTY ASSOCIATION is 23-7211200.
Is INDIANA INSURANCE GUARANTY ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1973.
Are donations to INDIANA INSURANCE GUARANTY ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does INDIANA INSURANCE GUARANTY ASSOCIATION 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 INDIANA INSURANCE GUARANTY ASSOCIATION 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 INDIANA INSURANCE GUARANTY ASSOCIATION 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 INDIANA INSURANCE GUARANTY ASSOCIATION?
The 990 for the year ended December 31, 2024 names AMANDA BARBERA.
Who are the officers and directors of INDIANA INSURANCE GUARANTY ASSOCIATION?
The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
How much revenue does INDIANA INSURANCE GUARANTY ASSOCIATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $775,457, expenses of $1,988,568 and total assets of $8,350,793 at year end.

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