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Filing year 2024

ALABAMA INSURANCE GUARANTY ASSOCIATION

Birmingham, Alabama·EIN 63-0810507·6
Total revenue
$9.4M
Total assets
$160.2M
Total expenses
$7.6M
Reported officers
9

Executive compensation, broken down

Form 990 · Schedule J · 2 reported individuals · Filing year 2024

Executive Director
$248k
$263k
Base
$215k
Bonus
Other
Benefits
$22k
Claims Manager
highest compensated employee
$144k
$152k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Up 5%
from 2023

From $235k in 2023 to $248k in 2024.

$235k
2023
$248k
2024
In today's dollarsEst.
Up 2% in real terms$257k to $263k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

ALABAMA INSURANCE GUARANTY ASSOCIATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$6.3M
$8.9M
2023
$9.4M
$7.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
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