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Nonprofit · EIN 31-1297832

OHIO LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION

Tax-exempt · DUBLIN, OH 43017

Financials

$5.6M$1.6M2023$52.4M$2.7M2024
Revenue Expenses · by fiscal year end
Financials of OHIO LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$52,360,454$2,705,636$49,654,818$78,889,413$99,908$78,789,505
December 31, 2023990$5,609,554$1,569,662$4,039,892$29,149,279$57,779$29,091,500
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$50,707,408
Investment income
$1,653,035
Other revenue
$11

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$85,275
Other salaries and wages
$86,263
Salaries, compensation and benefits (total)
$235,031
Professional fundraising fees
$0
Legal fees
$65,060
Accounting fees
$9,416
Occupancy
$21,735
Travel
$9,856
Depreciation
$3,379

Balance sheet and other

Total assets, start of year
$29,149,279
Total assets, end of year
$78,889,413
Total liabilities, end of year
$99,908
Net assets, end of year
$78,789,505
Publicly traded securities
$77,348,626
Net assets without donor restrictions
$78,789,505
Gross receipts
$52,360,454
Employees
0
Volunteers
0
Year formed
1989
State of legal domicile
OH

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 / weekCompensationFrom related orgsOther / benefits
SONNI PETERSONPRESIDENT
Officer
14$0$250,364$81,150
CHARLES WILSONCHAIRMAN
Trustee or director, Officer
1$0$0$0
PATRICK FOLTYNVICE CHAIRMAN
Trustee or director, Officer
1$0$0$0
JOHN GRUBERDIRECTOR
Trustee or director
0.5$0$0$0
DAVID ROSEDIRECTOR
Trustee or director
0.5$0$0$0
KRISTEN DICARMINEDIRECTOR
Trustee or director
0.5$0$0$0
DAN WOLKEDIRECTOR
Trustee or director
0.5$0$0$0
DAVID HILLDIRECTOR
Trustee or director
0.5$0$0$0
KEVIN HOWARDDIRECTOR
Trustee or director
0.5$0$0$0
ANTHEA DANIELSDIRECTOR
Trustee or director
0.5$0$0$0
MICHAEL CARROLLSECRETARY/TREASURER
Trustee or director, Officer
1$0$0$0
STEPHEN FISHERDIRECTOR
Trustee or director
0.5$0$0$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
SONNI PETERSONPRESIDENT
Officer
14$0$239,982$25,630
CHARLES WILSONCHAIRMAN
Trustee or director, Officer
1$0$0$0
PATRICK FOLTYNVICE CHAIRMAN
Trustee or director, Officer
1$0$0$0
JOHN GRUBERDIRECTOR
Trustee or director
0.5$0$0$0
DAVID ROSEDIRECTOR
Trustee or director
0.5$0$0$0
KRISTEN DICARMINEDIRECTOR
Trustee or director
0.5$0$0$0
DAN WOLKEDIRECTOR
Trustee or director
0.5$0$0$0
DAVID HILLDIRECTOR
Trustee or director
0.5$0$0$0
KEVIN HOWARDDIRECTOR
Trustee or director
0.5$0$0$0
PATRICIA DECENSIDIRECTOR
Trustee or director
0.5$0$0$0
MICHAEL CARROLLSECRETARY/TREASURER
Trustee or director, Officer
1$0$0$0
STEPHEN FISHERDIRECTOR
Trustee or director
0.5$0$0$0

Address and contacts

Address (IRS master file)
485 METRO PL S STE 270, DUBLIN, OH 43017-7325
In care of
% FRANK GARTLAND
Principal officer (990 for 2024)
SONNI PETERSON, 485 METRO PLACE SOUTH 270, DUBLIN, OH 43017
Signed the 990
SONNI PETERSON, PRESIDENT
Phone
(614) 442-6601
Website
OLHIGA.ORG
Return prepared by
MALONEY NOVOTNY LLC

Mission

THE MISSION OF THE OHIO LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION IS TO PROVIDE SOME LEVEL OF PROTECTION FOR CERTAIN OHIO POLICYHOLDERS AGAINST THE INSOLVENCY OF AN INSURANCE COMPANY LICENSED TO SELL THOSE TYPES OF POLICIES IN OHIO WHEN THE COMPANY IS PLACED INTO LIQUIDATION.

990 for the year ended December 31, 2024

Program accomplishments

  • THE OHIO LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION (OLHIGA) IS COMPRISED OF EVERY INSURER LICENSED TO TRANSACT LIFE OR HEALTH INSURANCE IN OHIO AND WRITING ONE OR MORE KINDS OF INSURANCE INCLUDED WITHIN SECTION 3956.04 OF THE OHIO REVISED CODE. THE PRINCIPAL RESPONSIBILITIES OF OLHIGA IS TO PAY COVERED CLAIMS OR INSOLVENT INSURERS AND TO PROVIDE A MECHANISM FOR ASSESSMENT OF MEMBER INSURERS TO ACCOMPLISH CLAIM SETTLEMENT.

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
31-1297832
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1991
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$78,889,413
Income (IRS master file)
$52,360,454

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$52,360,454$2,705,636$78,889,413XML
990December 2023$5,609,554$1,569,662$29,149,279XML
990December 2022$851,756$1,347,176$24,850,040IRS
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 31-1297832).

Questions about OHIO LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION

What is the EIN of OHIO LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION?
The employer identification number (EIN) of OHIO LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION is 31-1297832.
Is OHIO LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1991.
Are donations to OHIO LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does OHIO LIFE AND HEALTH 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 OHIO LIFE AND HEALTH 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 OHIO LIFE AND HEALTH 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 OHIO LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION?
The 990 for the year ended December 31, 2024 names SONNI PETERSON.
Who are the officers and directors of OHIO LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION?
The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
How much revenue does OHIO LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $52,360,454, expenses of $2,705,636 and total assets of $78,889,413 at year end.

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