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Filing year 2024

FLORIDA WORKERS' COMPENSATION INSURANCE GUARANTY ASSOCIATION INC

Tallahassee, Florida·EIN 59-3469214·6
Total revenue
$10M
Total assets
$141.7M
Total expenses
$14.8M
Reported officers
12
Mission

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

Executive compensation, broken down

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

Secretary/treasurer
$151k
$160k
Base
$130k
Bonus
Other
Benefits
$10k
Claims Manager
highest compensated employee
$149k
$158k

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 10 unpaid individuals.

Down 4%
from 2023

From $157k in 2023 to $151k in 2024.

$157k
2023
$151k
2024
In today's dollarsEst.
Down 7% in real terms$171k to $160k

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

FLORIDA WORKERS' COMPENSATION INSURANCE GUARANTY ASSOCIATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$8M
$14.6M
2023
$10M
$14.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
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