Skip to main content
Lucido logoLucido
--

GUARANTY ASSOCIATION BENEFITS COMPANY

EIN: 45-3635388Washington, DCZIP: 20005
S41 - Community Improvement & Capacity Building501(c)(6)

Mission

THE ORGANIZATION OPERATES TO PROTECT, IN ACCORDANCE WITH A COURT-APPROVED LIQUIDATION PLAN, INDIVIDUALS RELYING UPON ANNUITIES ISSUED BY INSOLVENT EXECUTIVE LIFE INSURANCE COMPANY OF NEW YORK, IN FURTHERANCE OF THE COMMON INTERESTS OF THE STATE GUARANTY ASSOCIATIONS AND THEIR MEMBERS.

Financials

YearRevenueExpensesAssets
2024$57.7M$0$1.3B
2023$59.1M$0$1.4B

Compensation

2024

LYNDA G LOOMIS
Vice President Operations
vice president
$471,350
$0
$0
$471,350
KATHERINE L WADE
Director, President
chief executive officer
$0
$0
$0
$21,281
MICHAEL MCDONALD
Special Counsel
officer (unspecified)
$0
$0
$0
$11,659
JOHN E DEITELBAUM
Director-member Elected
board member
$0
$0
$0
$0
GERMAINE L MARKS
Director-member Elected
board member
$0
$0
$0
$0
JOHN C COLPEAN
Director, Chairman
board chair
$0
$0
$0
$0
ERIK A ANDERSON
Director - Member Elected
board member
$0
$0
$0
$0
MAGARET SPERRY THRU 100824
Director - Member Elected
board member
$0
$0
$0
$0
AMANDA BARBERA EFF 100924
Director - Member Elected
board member
$0
$0
$0
$0
G THOMAS SULLIVAN
Secretary
secretary (operational)
$0
$0
$0
$0
PAMELA E OLSEN
Treasurer
chief financial officer
$0
$0
$0
$0
JAMES F DONNELLAN
Director-member Elected
board member
$0
$0
$0
$0

2023

LYNDA G LOOMIS
Vice President Operations
vice president
$383,600
$0
$0
$383,600
PETER G GALLANIS THRU 82223
Director, President
chief executive officer
$0
$0
$0
$58,562
KATHERINE L WADE EFF 82323
Director, President
chief executive officer
$0
$0
$0
$3,240
GERMAINE L MARKS
Director-Member Elected
board member
$0
$0
$0
$0
PAMELA E OLSEN
Treasurer
chief financial officer
$0
$0
$0
$0
JOHN E DEITELBAUM
Director-Member Elected
board member
$0
$0
$0
$0
ERIK A ANDERSON
Director - Member Elected
board member
$0
$0
$0
$0
G THOMAS SULLIVAN
Secretary
secretary (operational)
$0
$0
$0
$0
MAGARET SPERRY
Director - Member Elected
board member
$0
$0
$0
$0
JOHN C COLPEAN
Director, Chairman
board chair
$0
$0
$0
$0
JAMES F DONNELLAN
Director-Member Elected
board member
$0
$0
$0
$0

Similar Organizations

CERTIFIED FINANCIAL PLANNER BOARD OF

Washington, DC

$58.7M revenue
Same sector (S41)Very similar revenue ($58.7M vs $57.7M)Same state (District of Columbia)Comparable compensation levels
WASHINGTON DC CONVENTION & TOURISM

Washington, DC

$53.2M revenue
Same sector (S41)Very similar revenue ($53.2M vs $57.7M)Same state (District of Columbia)
AMERICAN CLEAN POWER ASSOCIATION

Washington, DC

$67.5M revenue
Same sector (S41)Similar revenue ($67.5M vs $57.7M)Same state (District of Columbia)
AMERICAN PSYCHIATRIC ASSOCIATION

Washington, DC

$64.6M revenue
Same sector (S41)Similar revenue ($64.6M vs $57.7M)Same state (District of Columbia)
COMMUNITY OF HOPE

Washington, DC

$57.6M revenue
Similar sector (S)Very similar revenue ($57.6M vs $57.7M)Same state (District of Columbia)
ALLIANCE FOR AUTOMOTIVE INNOVATION INC

Washington, DC

$30.4M revenue
Same sector (S41)Comparable revenue ($30.4M vs $57.7M)Same state (District of Columbia)
NATIONAL ASSOCIATION OF REAL ESTATE

Washington, DC

$37.3M revenue
Same sector (S41)Comparable revenue ($37.3M vs $57.7M)Same state (District of Columbia)
CHIEF EXECUTIVES ORGANIZATION INC

Washington, DC

$34.9M revenue
Same sector (S41)Comparable revenue ($34.9M vs $57.7M)Same state (District of Columbia)
GREEN BUSINESS CERTIFICATION INC

Washington, DC

$57.6M revenue
Similar sector (S)Very similar revenue ($57.6M vs $57.7M)Same state (District of Columbia)
CENTER FOR COMMUNITY CHANGE

Washington, DC

$43.6M revenue
Similar sector (S)Similar revenue ($43.6M vs $57.7M)Same state (District of Columbia)
Data from IRS Form 990 filings (2023-2024).