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Nonprofit · EIN 51-0163758

OREGON INSURANCE GUARANTY ASSOCIATION

Tax-exempt · BEAVERTON, OR 97005

Financials

$2.2M$2.2M2023$3.1M$16.9M2024$5.8M$1.9M2025
Revenue Expenses · by fiscal year end
Financials of OREGON INSURANCE GUARANTY ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$5,807,154$1,885,239$3,921,915$73,167,548$65,175,796$7,991,752
December 31, 2024990$3,064,172$16,892,157-$13,827,985$68,930,858$67,901,381$1,029,477
December 31, 2023990$2,234,208$2,155,209$78,999$68,338,133$55,662,216$12,675,917
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$4,287,821
Investment income
$1,519,333
Net gain from sales of assets
-$1,094,295
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$104,735
Other salaries and wages
$160,473
Salaries, compensation and benefits (total)
$329,465
Professional fundraising fees
$0
Accounting fees
$71,585
Occupancy
$23,607
Travel
$11,389
Depreciation
$2,383

Balance sheet and other

Total assets, start of year
$68,930,858
Total assets, end of year
$73,167,548
Total liabilities, end of year
$65,175,796
Net assets, end of year
$7,991,752
Land, buildings and equipment
$15,317
Publicly traded securities
$65,091,687
Net assets without donor restrictions
$7,991,752
Gross receipts
$22,885,224
Employees
4
Volunteers
0
Year formed
1971
State of legal domicile
OR

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
CATHERINE S BRAUGHTON-BAZANTFORMER ADMINISTRATOR
Officer
20$60,732$7,615
CHARLES S KATTERADMINISTRATOR
Officer
20$30,000$6,388
JON HEDEGARDVICE CHAIRPERSON
Trustee or director, Officer
1$0$0
MELISSA RIETMANN CRAWFORDCHAIRPERSON
Trustee or director, Officer
1$0$0
JEFF SAULSDIRECTOR
Trustee or director
1$0$0
CELESTE HOLMESDIRECTOR
Trustee or director
1$0$0
MELANIE THURLOWDIRECTOR
Trustee or director
1$0$0
STEVE PATTERSONDIRECTOR
Trustee or director
1$0$0
VON VANSLYKEDIRECTOR
Trustee or director
1$0$0
NICHOLE STEGINGDIRECTOR
Trustee or director
1$0$0
HEATHER CASTLEDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2024: 10 people
NameTitleHours / weekCompensationOther / benefits
CATHERINE S BRAUGHTON-BAZANTADMINISTRATOR
Officer
20$88,663$11,247
JON HEDEGARDVICE CHAIRPERSON
Trustee or director, Officer
1$0$0
MELISSA RIETMANN CRAWFORDCHAIRPERSON
Trustee or director, Officer
1$0$0
JEFF SAULSDIRECTOR
Trustee or director
1$0$0
CELESTE HOLMESDIRECTOR
Trustee or director
1$0$0
MELANIE THURLOWDIRECTOR
Trustee or director
1$0$0
STEVE PATTERSONDIRECTOR
Trustee or director
1$0$0
VERONICA VANSLYKEDIRECTOR
Trustee or director
1$0$0
NICHOLE STEGINGDIRECTOR
Trustee or director
1$0$0
HEATHER CASTLEDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationOther / benefits
CATHERINE S BRAUGHTON-BAZANTADMINISTRATOR
Officer
20$86,081$16,512
JON HEDEGARDVICE CHAIRPERSON
Trustee or director, Officer
1$0$0
MELISSA RIETMANN CRAWFORDCHAIRPERSON
Trustee or director, Officer
1$0$0
JEFF SAULSDIRECTOR
Trustee or director
1$0$0
CELESTE HOLMESDIRECTOR
Trustee or director
1$0$0
ROD VAN ASDLANDIRECTOR
Trustee or director
1$0$0
AARON SELBURGDIRECTOR
Trustee or director
1$0$0
MELANIE THURLOWDIRECTOR
Trustee or director
1$0$0
ERIC BREDESENDIRECTOR
Trustee or director
1$0$0
STEVE PATTERSONDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
10700 SW BEAVERTON HWY SUITE 426 S, BEAVERTON, OR 97005-0000
In care of
% DEPT OF INSURANCE-STATE OF OREGON
Principal officer (990 for 2025)
CHARLES S KATTER, 10700 SW BEAVERTON HWY 426, BEAVERTON, OR 97005
Signed the 990
CHARLES S KATTER, ADMINISTRATOR
Phone
(503) 641-7132
Return prepared by
ALDRICH CPAS AND ADVISORS LLP

Mission

TO PROVIDE FOR THE PAYMENT OF COVERED CLAIMS UNDER CERTAIN INSURANCE POLICIES, TO AVOID EXCESSIVE DELAY IN PAYMENT, AND TO AVOID FINANCIAL LOSS TO CLAIMANTS OR POLICYHOLDERS BECAUSE OF THE INSOLVENCY OF AN INSURER. COVERED CLAIMS APPLY TO ALL KINDS OF DIRECT INSURANCE EXCEPT LIFE, HEALTH, TITLE, SURETY, CREDIT, MORTGAGE GUARANTY, AND WET MARINE AND TRANSPORTATION INSURANCE.

990 for the year ended December 31, 2025

Program accomplishments

  • PAYMENT OF CLAIMS, CLAIMS EXPENSES AND UNEARNED PREMIUMS TO POLICY HOLDERS OF INSOLVENT INSURANCE COMPANIES.

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
51-0163758
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1975
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$73,167,548
Income (IRS master file)
$22,885,224

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$5,807,154$1,885,239$73,167,548IRS
990December 2024$3,064,172$16,892,157$68,930,858IRS
990December 2023$2,234,208$2,155,209$68,338,133XML
990December 2022$20,811,033$8,023,396$65,632,220IRS
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 51-0163758).

Questions about OREGON INSURANCE GUARANTY ASSOCIATION

What is the EIN of OREGON INSURANCE GUARANTY ASSOCIATION?
The employer identification number (EIN) of OREGON INSURANCE GUARANTY ASSOCIATION is 51-0163758.
Is OREGON INSURANCE GUARANTY ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1975.
Are donations to OREGON INSURANCE GUARANTY ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does OREGON 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 OREGON 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 OREGON 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 OREGON INSURANCE GUARANTY ASSOCIATION?
The 990 for the year ended December 31, 2025 names CHARLES S KATTER.
Who are the officers and directors of OREGON INSURANCE GUARANTY ASSOCIATION?
The 990 for the year ended December 31, 2025 lists 11 people; 2 received compensation from the organization, the highest $60,732 (CATHERINE S BRAUGHTON-BAZANT, FORMER ADMINISTRATOR).
How much revenue does OREGON INSURANCE GUARANTY ASSOCIATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $5,807,154, expenses of $1,885,239 and total assets of $73,167,548 at year end.

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