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Filing year 2024

TENNESSEE INSURANCE GUARANTY ASSOCIATION

Brentwood, Tennessee·EIN 23-7182287·501(c)(6)
Total revenue
$6.6M
Total assets
$173M
Total expenses
$8.1M
Reported officers
8
Mission

TO OPERATE A PROPERTY AND CASUALTY SELF ASSESSMENT GUARANTY FUND AS DIRECTED UNDER TENNESSEE STATUTE (SEE T.C.A. 56-12-101 ET SEQ.).

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Exec. Secretary
Secretary (Operational)
75th to 90th percentile
$170k
$180k
Base
Bonus
Other
$170k
Benefits
Administrator
Highest Compensated Employee
25th percentile to median
$139k
$147k
Claim Manager
Highest Compensated Employee
10th to 25th percentile
$110k
$117k

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 5 unpaid individuals.

Up 4%
from 2023

From $164k in 2023 to $170k in 2024.

$164k
2023
$170k
2024
In today's dollarsEst.
Up 1% in real terms$179k to $180k

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.

Pay for the position

Secretary (Operational) pay rose 4% from 2023 to 2024, while revenue rose 4%.

$164k in 2023 to $170k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

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

RevenueExpenses
$6.3M
$4.9M
2023
$6.6M
$8.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about TENNESSEE INSURANCE GUARANTY ASSOCIATION

What does the Secretary (Operational) of TENNESSEE INSURANCE GUARANTY ASSOCIATION earn?

In 2024, the Secretary (Operational) of TENNESSEE INSURANCE GUARANTY ASSOCIATION received $169,500 in total compensation. This pay is in the top quarter for Secretary (Operational) roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Secretary (Operational) pay at TENNESSEE INSURANCE GUARANTY ASSOCIATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Secretary (Operational) at TENNESSEE INSURANCE GUARANTY ASSOCIATION falls between the 75th and 90th percentiles.

What are TENNESSEE INSURANCE GUARANTY ASSOCIATION's revenue and expenses?

In 2024, TENNESSEE INSURANCE GUARANTY ASSOCIATION reported $6.6M in total revenue and $8.1M in total expenses on its IRS Form 990.

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