Skip to main content
Filing year 2024

MISSISSIPPI INSURANCE GUARANTY ASSOCIATION FOUNDATION

Flowood, Mississippi·EIN 23-7366411·6
Total revenue
$3.6M
Total assets
$111.1M
Total expenses
-$17.8M
Reported officers
12
Mission

OUR MISSION IS TO MANAGE IN A PROFESSIONAL AND TIMELY MANNER THE PROPERTY-CASUALTY INSOLVENCIES FOR WHICH MIGA IS RESPONSIBLE BY DISCHARGING ASSOCIATION DUTIES IN ACCORDANCE WITH GOVERNING STATUTES AND PLAN OF OPERATING PROVISIONS.

Executive compensation, broken down

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Executive Director
$164k
$174k
Base
$164k
Bonus
Other
Benefits

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 11 unpaid individuals.

Up 7%
from 2023

From $153k in 2023 to $164k in 2024.

$153k
2023
$164k
2024
In today's dollarsEst.
Up 4% in real terms$167k to $174k

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

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

RevenueExpenses
$2.7M
2023
$3.6M
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.