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Filing year 2024

MISSISSIPPI LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION

Jackson, Mississippi·EIN 58-7149036·6
Total revenue
$2.3M
Total assets
$35M
Total expenses
$2.4M
Reported officers
8
Mission

THE ORGANIZATION IS A NONPROFIT ENTITY ORGANIZED TO PROTECT POLICYHOLDERS, BENEFICIARIES, ANNUITANTS, PAYEES AND ASSIGNEES OF LIFE INSURANCE POLICIES, HEALTH INSURANCE POLICIES, IMMEDIATE OR DEFERRED ANNUITY CONTRACTS AND SUPPLEMENTAL CONTRACTS AGAINST FAILURE IN THE PERFORMANCE OF CONTRACTUAL OBLIGATIONS DUE TO THE IMPAIRMENT OR INSOLVENCY OF A MEMBER INSURER ISSUING SUCH POLICIES OR CONTRACTS.

Executive compensation, broken down

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

Executive Director
$293k
$311k
Base
$261k
Bonus
Other
$27k
Benefits
$5k

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.

Up 14%
from 2023

From $257k in 2023 to $293k in 2024.

$257k
2023
$293k
2024
In today's dollarsEst.
Up 11% in real terms$281k to $311k

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 LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$3M
$1.9M
2023
$2.3M
$2.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
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