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Nonprofit · EIN 59-1378046

FLORIDA INSURANCE GUARANTY ASSOCIATION INC

Tax-exempt · TALLAHASSEE, FL 32317

Financials

$478.4M$773.9M2023$825.6M$542.7M2024$485.9M$188.8M2025
Revenue Expenses · by fiscal year end
Financials of FLORIDA INSURANCE GUARANTY ASSOCIATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$485,915,970$188,831,564$297,084,406$1,003,104,919$439,047,140$564,057,779
December 31, 2024990$825,613,312$542,743,873$282,869,439$827,340,191$560,366,818$266,973,373
December 31, 2023990 (amended)$478,366,102$773,886,119-$295,520,017$617,776,231$633,672,299-$15,896,068
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$27,706,459
Other revenue
$458,209,511

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$699,613
Other salaries and wages
$4,207,008
Salaries, compensation and benefits (total)
$5,451,962
Professional fundraising fees
$0
Legal fees
$190,753
Accounting fees
$86,612
Occupancy
$43,213
Travel
$42,226
Depreciation
$93,826

Balance sheet and other

Total assets, start of year
$827,340,191
Total assets, end of year
$1,003,104,919
Total liabilities, end of year
$439,047,140
Net assets, end of year
$564,057,779
Land, buildings and equipment
$1,264,348
Publicly traded securities
$86,009,139
Net assets without donor restrictions
$564,057,779
Gross receipts
$5,019,362,482
Employees
25
Volunteers
9
Year formed
1970
State of legal domicile
FL

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
ROBERT RICKEREXECUTIVE DIRECTOR
Officer
32$277,760$30,601
STEVEN BROWNCHIEF OPERATING OFFICER
Officer
32$189,634$37,140
LENOX GODFREYCLAIMS DIRECTOR
Highest-paid employee
40$163,270$25,966
WILLIAM HUGHESVP OF CLAIMS
Officer
30$138,797$25,682
MICHELLE CAMPOSCLAIMS MANAGER
Highest-paid employee
40$123,215$26,861
VERONICA DEGRAFFHR DIRECTOR
Highest-paid employee
30$109,968$23,136
ELIZABETH FRISBIECONTROLLER
Highest-paid employee
30$105,916$22,758
ANDREW HARRISIT MANAGER
Highest-paid employee
30$102,869$9,687
KIMBERLY BLACKBURNCHAIR
Trustee or director
2$0$0
BRENT BRUMMERDIRECTOR
Trustee or director
2$0$0
BENJAMIN TREUILDIRECTOR
Trustee or director
2$0$0
JON RICHIEDIRECTOR
Trustee or director
2$0$0
MICHAEL DOBSONDIRECTOR
Trustee or director
2$0$0
RYAN WESTDIRECTOR
Trustee or director
2$0$0
CHARLES LYDECKERDIRECTOR
Trustee or director
2$0$0
2 more people on this return
NameTitleHours / weekCompensation
TOM GALLAGHERDIRECTOR
Trustee or director
2$0
TASHA CARTERDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2024: 15 people
NameTitleHours / weekCompensationOther / benefits
WILLIAM HUGHESVICE PRESIDENT OF CLAIMS
Officer
30$183,371$30,489
STEVEN BROWNCHIEF OPERATING OFFICER
Officer
20$166,991$23,461
VERONICA DEGRAFFHR DIRECTOR
Highest-paid employee
30$142,138$27,191
ELIZABETH FRISBIECONTROLLER
Highest-paid employee
30$135,886$26,690
COREY NEALEXECUTIVE DIRECTOR
Officer
20$129,917$20,540
ANDREW HARRISIT MANAGER
Highest-paid employee
30$134,311$9,759
KIMBERLY BLACKBURNCHAIRMAN
Trustee or director, Officer
2$0$0
BRENT BRUMMERDIRECTOR
Trustee or director
2$0$0
BENJAMIN TREUILDIRECTOR
Trustee or director
2$0$0
JON RITCHIEDIRECTOR
Trustee or director
2$0$0
MICHAEL DOBSONDIRECTOR
Trustee or director
2$0$0
RYAN WESTDIRECTOR
Trustee or director
2$0$0
CHARLES LYDECKERDIRECTOR
Trustee or director
2$0$0
TOM GALLAGHERDIRECTOR
Trustee or director
2$0$0
TASHA CARTERDIRECTOR
Trustee or director
2$0$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensationOther / benefits
LENOX GODFREYDIRECTOR OF FIGA CLAIMS
Highest-paid employee
40$155,299$28,614
WILLIAM HUGHESEVP OF CLAIMS
Highest-paid employee
30$132,683$27,441
COREY NEALSECRETARY TREASURER
Officer
20$130,308$26,553
MICHELLE CAMPOSCLAIM MANAGER
Highest-paid employee
40$105,627$27,854
ELIZABETH FRISBIECONTROLLER
Highest-paid employee
30$103,011$23,968
KIMBERLY BLACKBURNCHAIRMAN
Trustee or director, Officer
2$0$0
CARLY HERMANSONDIRECTOR
Trustee or director
2$0$0
RENE HERNANDEZDIRECTOR
Trustee or director
2$0$0
RAYMOND WAUGHDIRECTOR
Trustee or director
2$0$0
PAMELA MATTHEWSDIRECTOR
Trustee or director
2$0$0
PAULA LUTESDIRECTOR
Trustee or director
2$0$0
CHARLES LYDECKERDIRECTOR
Trustee or director
2$0$0
BRENT BRUMMERDIRECTOR
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
PO BOX 14249, TALLAHASSEE, FL 32317-4249
In care of
% THOMAS D STREUKENS
Principal officer (990 for 2025)
ROBERT L RICKER, PO BOX 14249, TALLAHASSEE, FL 323174249
Signed the 990
ROBERT L RICKER, EXECUTIVE DIRECTOR
Phone
(850) 386-9200
Return prepared by
THOMAS HOWELL FERGUSON PA

Mission

TO PROVIDE A MECHANISM FOR THE PAYMENT OF COVERED CLAIMS OF INSOLVENT INSURERS AND TO ASSIST IN THE DETECTION AND PREVENTION OF INSURER INSOLVENCIES.

990 for the year ended December 31, 2025

Program accomplishments

  • THE ASSOCIATION PAYS THE COVERED CLAIMS OF INSOLVENT INSURERS AND ASSISTS IN THE DETECTION AND PREVENTION OF INSURER INSOLVENCIES. IN 2025, THERE WERE 4,403 CLAIMS. THERE ARE APPROXIMATELY 802 MEMBERS.

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
59-1378046
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)
$1,003,104,919
Income (IRS master file)
$5,019,362,482

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$485,915,970$188,831,564$1,003,104,919XML
990December 2024$825,613,312$542,743,873$827,340,191XML
990December 2023$478,366,102$773,886,119$617,776,231XML
990December 2022$646,169,972$677,050,862$632,385,089IRS
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 59-1378046).

Questions about FLORIDA INSURANCE GUARANTY ASSOCIATION INC

What is the EIN of FLORIDA INSURANCE GUARANTY ASSOCIATION INC?
The employer identification number (EIN) of FLORIDA INSURANCE GUARANTY ASSOCIATION INC is 59-1378046.
Is FLORIDA INSURANCE GUARANTY ASSOCIATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1973.
Are donations to FLORIDA INSURANCE GUARANTY ASSOCIATION INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does FLORIDA INSURANCE GUARANTY ASSOCIATION INC 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 FLORIDA INSURANCE GUARANTY ASSOCIATION INC 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 FLORIDA INSURANCE GUARANTY ASSOCIATION INC 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 FLORIDA INSURANCE GUARANTY ASSOCIATION INC?
The 990 for the year ended December 31, 2025 names ROBERT L RICKER.
Who are the officers and directors of FLORIDA INSURANCE GUARANTY ASSOCIATION INC?
The 990 for the year ended December 31, 2025 lists 17 people; 8 received compensation from the organization, the highest $277,760 (ROBERT RICKER, EXECUTIVE DIRECTOR).
How much revenue does FLORIDA INSURANCE GUARANTY ASSOCIATION INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $485,915,970, expenses of $188,831,564 and total assets of $1,003,104,919 at year end.

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