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Nonprofit · EIN 23-7291686

HAWAII INSURANCE GUARANTY ASSOCIATION

Tax-exempt · HONOLULU, HI 96812

Financials

$9.4M$1.7M2023$1.3M$1.6M2024$1.3M$1.5M2025
Revenue Expenses · by fiscal year end
Financials of HAWAII INSURANCE GUARANTY ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,340,773$1,546,272-$205,499$24,503,413$1,104,200$23,399,213
December 31, 2024990$1,324,698$1,610,527-$285,829$25,176,513$1,724,200$23,452,313
December 31, 2023990$9,361,098$1,696,194$7,664,904$25,854,621$2,359,200$23,495,421
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$574,575
Investment income
$760,023
Other revenue
$6,175

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$134,400
Other salaries and wages
$163,721
Salaries, compensation and benefits (total)
$390,994
Professional fundraising fees
$0
Legal fees
$3,365
Accounting fees
$56,518
Occupancy
$77,750
Travel
$17,759
Depreciation
$3,619
Program services (functional)
$1,164,499
Management and general (functional)
$381,773

Balance sheet and other

Total assets, start of year
$25,176,513
Total assets, end of year
$24,503,413
Total liabilities, end of year
$1,104,200
Net assets, end of year
$23,399,213
Land, buildings and equipment
$7,531
Publicly traded securities
$10,781,087
Net assets without donor restrictions
$23,399,213
Gross receipts
$1,340,773
Employees
3
Volunteers
9
Year formed
1984
State of legal domicile
HI

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, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
BLAKE OBATAEXECUTIVE DI
Officer
40$134,400$20,165
ROBERT LIBBYCHAIRPERSON
Trustee or director, Officer
1$0$0
MICHAEL ONOFRIETTIVICE-CHAIRPE
Trustee or director, Officer
1$0$0
JON HEDEGARDSEC/TREAS
Trustee or director, Officer
1$0$0
KIA KAMAUUDIRECTOR
Trustee or director
1$0$0
SHANNYN KOTTDIRECTOR
Trustee or director
1$0$0
MIKE MITSUKADIRECTOR
Trustee or director
1$0$0
CHRISTOPHER MATTDIRECTOR
Trustee or director
1$0$0
JOE THESINGDIRECTOR
Trustee or director
1$0$0
DEAN YASUIDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2024: 10 people
NameTitleHours / weekCompensationOther / benefits
BLAKE OBATAEXECUTIVE DI
Officer
40$134,400$8,689
ROBERT LIBBYCHAIRPERSON
Trustee or director, Officer
1$0$0
MICHAEL ONOFRIETTIVICE-CHAIRPE
Trustee or director, Officer
1$0$0
JON HEDEGARDSEC/TREAS
Trustee or director, Officer
1$0$0
KIA KAMAUUDIRECTOR
Trustee or director
1$0$0
SHANNYN KOTTDIRECTOR
Trustee or director
1$0$0
MIKE MITSUKADIRECTOR
Trustee or director
1$0$0
CHRISTOPHER MATTDIRECTOR
Trustee or director
1$0$0
JOE THESINGDIRECTOR
Trustee or director
1$0$0
DEAN YASUIDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationOther / benefits
BLAKE OBATAEXECUTIVE DI
Officer
40$134,400$19,854
JEFFREY GRIMMERCHAIRPERSON
Trustee or director, Officer
1$0$0
MICHAEL ONOFRIETTIVICE-CHAIRPE
Trustee or director, Officer
1$0$0
JON HEDEGARDSEC/TREAS
Trustee or director, Officer
1$0$0
JANINE GRAFFDIRECTOR
Trustee or director
1$0$0
SHANNYN KOTTDIRECTOR
Trustee or director
1$0$0
MIKE MITSUKADIRECTOR
Trustee or director
1$0$0
KIM SILVADIRECTOR
Trustee or director
1$0$0
JOE THESINGDIRECTOR
Trustee or director
1$0$0
DEAN YASUIDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
PO BOX 4660, HONOLULU, HI 96812-4660
Principal officer (990 for 2025)
BLAKE OBATA, 1001 BISHOP STREET SUITE 1160, HONOLULU, HI 96813
Signed the 990
BLAKE OBATA, EXECUTIVE DIRECTOR
Phone
(808) 528-1222
Return prepared by
JAY MIYAKI CPA LLC

Mission

THE ASSOCIATION WAS CREATED UNDER THE HAWAII INSURANCE GUARANTY ASSOCIATION ACT UNDER ARTICLE 16, CHAPTER 431 OF THE HAWAII REVISED STATUTES. THE ASSOCIATION ACTS AS A MECHANISM FOR THE TIMELY PAYMENT OF COVERED CLAIMS UNDER CERTAIN INSURANCE POLICIES TO AVOID FINANCIAL LOSS TO CLAIMANTS OR POLICYHOLDERS BECAUSE OF THE INSOLVENCY OF AN INSURER, TO ASSIST IN THE DETECTION AND PREVENTION OF INSURER INSOLVENCIES, AND TO ASSESS THE COST OF SUCH PROTECTION AMONG INSURERS.

990 for the year ended December 31, 2025

Program accomplishments

  • THE ASSOCIATION ACTS AS A MECHANISM FOR THE TIMELY PAYMENT OF COVERED CLAIMS UNDER CERTAIN INSURANCE POLICIES TO AVOID FINANCIAL LOSS TO CLAIMANTS OR POLICYHOLDERS BECAUSE OF THE INSOLVENCY OF AN INSURER, TO ASSIST IN THE DETECTION AND PREVENTION OF INSURER INSOLVENCIES, AND TO ASSESS THE COST OF SUCH PROTECTION AMONG INSURERS.
    Expenses $1,164,499 · revenue $574,575

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-7291686
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1974
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$24,503,413
Income (IRS master file)
$1,340,773

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,340,773$1,546,272$24,503,413XML
990December 2024$1,324,698$1,610,527$25,176,513XML
990December 2023$9,361,098$1,696,194$25,854,621XML
990December 2022$446,675$1,858,194$15,579,884IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 23-7291686).

Questions about HAWAII INSURANCE GUARANTY ASSOCIATION

What is the EIN of HAWAII INSURANCE GUARANTY ASSOCIATION?
The employer identification number (EIN) of HAWAII INSURANCE GUARANTY ASSOCIATION is 23-7291686.
Is HAWAII INSURANCE GUARANTY ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1974.
Are donations to HAWAII INSURANCE GUARANTY ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does HAWAII 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 HAWAII INSURANCE GUARANTY ASSOCIATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HAWAII INSURANCE GUARANTY ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of HAWAII INSURANCE GUARANTY ASSOCIATION?
The 990 for the year ended December 31, 2025 names BLAKE OBATA.
Who are the officers and directors of HAWAII INSURANCE GUARANTY ASSOCIATION?
The 990 for the year ended December 31, 2025 lists 10 people; 1 received compensation from the organization, the highest $134,400 (BLAKE OBATA, EXECUTIVE DI).
How much revenue does HAWAII INSURANCE GUARANTY ASSOCIATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,340,773, expenses of $1,546,272 and total assets of $24,503,413 at year end.

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