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Filing year 2023

GUARANTY FUND MANAGEMENT SERVICES INC

Boston, Massachusetts·EIN 04-2712442·6
Total revenue
$7.6M
Total assets
$6.4M
Total expenses
$6.8M
Reported officers
19
Mission

Provide management and claims supervisory services to its member associations to assist them in the discharge of their respective statutory responsibilities to handle promptly and efficiently covered claims against insolvent property and casualty insurers.

Executive compensation, broken down

Form 990 · Schedule J · 11 reported individuals · Filing year 2023

$523k
$576k
Base
$435k
Bonus
$40k
Other
Benefits
$34k
Senior Vice President HR and Compliance
senior vice president
$272k
$300k
Base
$222k
Bonus
$22k
Other
Benefits
$19k
Vice President Claims
vice president
$269k
$296k
Base
$226k
Bonus
$21k
Other
Benefits
$12k
Vice President IT
vice president
$256k
$282k
Base
$196k
Bonus
$8k
Other
Benefits
$43k
Vice President Operations
vice president
$189k
$208k
Base
$133k
Bonus
$14k
Other
Benefits
$36k
Treasurer and VP Accounting and Finance
vice president
$165k
$182k
Base
$114k
Bonus
$9k
Other
Benefits
$37k
Senior Applications Architect
highest compensated employee
$162k
$179k
Base
$149k
Bonus
$6k
Other
Benefits
$887
Claims Manager
highest compensated employee
$159k
$175k
Base
$132k
Bonus
Other
Benefits
$30k
Claims Manager
highest compensated employee
$158k
$174k
Base
$133k
Bonus
$5k
Other
Benefits
$15k
Lead Applications Developer
highest compensated employee
$156k
$172k
Base
$149k
Bonus
Other
Benefits
$883
Senior Systems Administrator
highest compensated employee
$143k
$158k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

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