Skip to main content
Filing year 2024

KENTUCKY INSURANCE GUARANTY ASSOCIATION

Louisville, Kentucky·EIN 61-0849486·6
Total revenue
$12.1M
Total assets
$56.1M
Total expenses
$10.7M
Reported officers
9
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.

Executive compensation, broken down

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

Base salaryBonusOther compensationBenefits
Base salaryBonusOther compensationBenefitsExecutive compensation
Secretary/executive Director
officer (unspecified)
$220k
$234k
Secretary/executive Director
officer (unspecified)
$88k
$93k

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.

Down 34%
from 2023

From $334k in 2023 to $220k in 2024.

$334k
2023
$220k
2024
In today's dollarsEst.
Down 36% in real terms$365k to $234k

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

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

RevenueExpenses
$4.6M
$5.7M
2023
$12.1M
$10.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Create free account
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.