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Nonprofit · EIN 61-0849486

KENTUCKY INSURANCE GUARANTY ASSOCIATION

Tax-exempt · LOUISVILLE, KY 40207

Financials

$4.6M$5.7M2023$12.1M$10.7M2024$3.7M$5.2M2025
Revenue Expenses · by fiscal year end
Financials of KENTUCKY INSURANCE GUARANTY ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$3,733,291$5,227,355-$1,494,064$54,635,266$0$54,635,266
December 31, 2024990$12,142,002$10,674,413$1,467,589$56,129,330$0$56,129,330
December 31, 2023990$4,610,383$5,692,009-$1,081,626$54,661,741$0$54,661,741
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,952,083
Investment income
$781,208
Net gain from sales of assets
-$1,303,586
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$194,771
Other salaries and wages
$236,870
Salaries, compensation and benefits (total)
$555,738
Professional fundraising fees
$0
Legal fees
$68,052
Accounting fees
$14,036
Occupancy
$51,105
Travel
$18,434

Balance sheet and other

Total assets, start of year
$56,129,330
Total assets, end of year
$54,635,266
Total liabilities, end of year
$0
Net assets, end of year
$54,635,266
Publicly traded securities
$53,184,727
Gross receipts
$40,777,557
Employees
4
Volunteers
0
Year formed
1980
State of legal domicile
KY

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
KIM WESTSECRETARY/EXECUTIVE DIRECTOR
Trustee or director, Officer
40$183,612$22,813
BART ROWLANDCHAIRPERSON
Trustee or director, Officer
1$0$0
MARC EVANSTREASURER
Trustee or director, Officer
1$0$0
JANE BROADWATER LONGDIRECTOR
Trustee or director
1$0$0
JENA STONEVICE-CHAIRPERSON
Trustee or director, Officer
1$0$0
STEPHEN KINKADEDIRECTOR
Trustee or director
1$0$0
ABBY GRAVESDIRECTOR
Trustee or director
1$0$0
JIM NESTHEIDEDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2024: 9 people
NameTitleHours / weekCompensationOther / benefits
SCOTT WEBSTER THRU 6302024SECRETARY/EXECUTIVE DIRECTOR
Trustee or director, Officer
40$165,326$55,016
KIM WEST BEG 712024SECRETARY/EXECUTIVE DIRECTOR
Trustee or director, Officer
40$81,390$6,489
JIM NESTHEIDECHAIRPERSON
Trustee or director, Officer
1$0$0
BART ROWLANDTREASURER
Trustee or director, Officer
1$0$0
JANE BROADWATER LONGDIRECTOR
Trustee or director
1$0$0
JENA STONEVICE-CHAIRPERSON
Trustee or director, Officer
1$0$0
STEPHEN KINKADEDIRECTOR
Trustee or director
1$0$0
TROY AARONDIRECTOR
Trustee or director
1$0$0
MARC EVANSDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensationOther / benefits
SCOTT WEBSTERSECRETARY/EXECUTIVE DIRECTOR
Trustee or director, Officer
40$255,797$78,473
BOB DETHERAGECHAIRPERSON
Trustee or director, Officer
1$0$0
JENA STONETREASURER
Trustee or director, Officer
1$0$0
PATRICK TALLEYDIRECTOR
Trustee or director
1$0$0
JIM NESTHEIDEVICE-CHAIRPERSON
Trustee or director, Officer
1$0$0
MARK TREESHDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
6000 BROWNSBORO PARK BLVD STE D, LOUISVILLE, KY 40207-7201
In care of
% ARTHUR SCOTT WEBSTER
Principal officer (990 for 2025)
KIM WEST, 6000 BROWNSBORO PARK BLVD SUITE D, LOUISVILLE, KY 40207
Signed the 990
KIM WEST, EXECUTIVE DIRECTOR
Phone
(502) 327-8909
Return prepared by
DEMING MALONE LIVESAY & OSTROFF PSC

Mission

THE ASSOCIATION PROVIDES A MECHANISM FOR PAYMENT OF COVERED CLAIMS UNDER PROPERTY AND CASUALTY INSURANCE POLICIES BECAUSE OF THE INSOLVENCY OF THE INSURER AND ALSO ASSISTS IN DETECTING AND PREVENTING INSURER INSOLVENCIES.

990 for the year ended December 31, 2025

Program accomplishments

  • PROVIDE A MECHANISM FOR PAYMENT OF COVERED CLAIMS UNDER PROPERTY AND CASUALTY INSURANCE POLICIES BECAUSE OF THE INSOLVENCY OF THE INSURER AND ALSO ASSISTS IN DETECTING AND PREVENTING INSURER INSOLVENCIES.

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
61-0849486
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)
$54,635,266
Income (IRS master file)
$40,777,557

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$3,733,291$5,227,355$54,635,266XML
990December 2024$12,142,002$10,674,413$56,129,330XML
990December 2023$4,610,383$5,692,009$54,661,741XML
990December 2022$1,377,031$5,038,332$55,743,367IRS
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 61-0849486).

Questions about KENTUCKY INSURANCE GUARANTY ASSOCIATION

What is the EIN of KENTUCKY INSURANCE GUARANTY ASSOCIATION?
The employer identification number (EIN) of KENTUCKY INSURANCE GUARANTY ASSOCIATION is 61-0849486.
Is KENTUCKY INSURANCE GUARANTY ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1973.
Are donations to KENTUCKY INSURANCE GUARANTY ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does KENTUCKY 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 KENTUCKY 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 KENTUCKY 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 KENTUCKY INSURANCE GUARANTY ASSOCIATION?
The 990 for the year ended December 31, 2025 names KIM WEST.
Who are the officers and directors of KENTUCKY INSURANCE GUARANTY ASSOCIATION?
The 990 for the year ended December 31, 2025 lists 8 people; 1 received compensation from the organization, the highest $183,612 (KIM WEST, SECRETARY/EXECUTIVE DIRECTOR).
How much revenue does KENTUCKY INSURANCE GUARANTY ASSOCIATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $3,733,291, expenses of $5,227,355 and total assets of $54,635,266 at year end.

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