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Filing year 2024

New Jersey Life & Health Insurance Guaranty Association

Lincroft, New Jersey·EIN 22-3165596·6
Total revenue
$33.2M
Total assets
$37.1M
Total expenses
$38.3M
Reported officers
12
Mission

The NJ Life Health Insurance Guaranty Association was established by statute to provide certain protections to policyholders of impaired or insolvent insurers in accordance with NJ Statute 17B32A-1, et seq.

Executive compensation

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

Base salaryExecutive compensation
Executive Director
$145k
$157k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 11 unpaid individuals.

Up 4%
from 2023

From $140k in 2023 to $145k in 2024.

$140k
2023
$145k
2024
In today's dollarsEst.
Roughly flat in real terms$157k to $157k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, 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

New Jersey Life & Health Insurance Guaranty Association reported revenue and expenses across 2 filing years.

RevenueExpenses
$23.9M
$947k
2023
$33.2M
$38.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
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