2024-05-09T10:25:59-05:00 2023-12-31 020327524 NATHAN WECHSLER & COMPANY PA 70 COMMERCIAL STREET 4TH FLOOR CONCORD NH 03301 990 2023-01-01 510138977 NEW HAMPSHIRE LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION NEWH 6034723734 12 BRICK MILL ROAD UNIT A BEDFORD NH 03110 EDWARD J DONAHUE JR CHAIRMAN 5085282911 2024-05-09 1 EDWARD DONAHUE JR 999009999 0 KELLI D'AMORE P01402985 6032245357 2024-04-29 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z EDWARD J DONAHUE JR PO BOX 295 NORFOLK MA 02056 1071622 0 X HTTP://WWW.NHLIFEGA.ORG/ X 1971 NH NEW HAMPSHIRE LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION WAS ESTABLISHED TO PROVIDE CERTAIN PROTECTIONS TO POLICYHOLDERS OF INSOLVENT INSURERS IN ACCORDANCE WITH THE STATE GUARANTY ASSOCIATION ACT. 9 9 1 9 0 0 0 0 1196 550151 3351 11847 0 509624 4547 1071622 0 0 0 0 157719 152102 0 0 0 127320 149151 285039 301253 -280492 770369 1234280 2006290 20012 21653 1214268 1984637 NEW HAMPSHIRE LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION WAS ESTABLISHED TO PROVIDE CERTAIN PROTECTIONS TO POLICYHOLDERS OF INSOLVENT INSURERS IN ACCORDANCE WITH THE STATE GUARANTY ASSOCIATION ACT. 0 0 283429 DURING THE YEAR, NEW HAMPSHIRE LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION PROVIDED CERTAIN PROTECTIONS TO POLICYHOLDERS OF INSOLVENT INSURERS IN ACCORDANCE WITH THE STATE GUARANTY ASSOCIATION ACT. 283429 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 1 1 1 0 X X LAURA A CONDON 6034723734 12 BRICK MILL ROAD UNIT A BEDFORD NH 03110 JOHN HANCOCK LIFE INS CO USA REP- AMANDA WEAVER 1.00 X 0 0 0 NATIONAL LIFE INSURANCE CO REP- CHRISTOPHER B. ZIMMERMAN 1.00 X 0 0 0 FIDELITY INVESTMENTS LIFE INS REP- ROBERT K. LEACH 1.00 X 0 0 0 PROTECTIVE LIFE INS CO REP- GREGORY M. REDMOND 1.00 X 0 0 0 THE LINCOLN NATIONAL LIFE INS REP- ROBERT O. SHEPPARD 1.00 X X 0 0 0 AFLAC REP- EDWARD J. DONAHUE, JR 1.00 X X 0 0 0 THE GUARDIAN LIFE INS CO REP- ERIC C. DUPONT 1.00 X 0 0 0 ANTHEM BLUE CROSS AND BLUE SHIELD REP- JASON MARGUS 1.00 X 0 0 0 METLIFE INSURANCE CO REP - GARY HENNING 1.00 X 0 0 0 LAURA A CONDON EXECUTIVE DIRECTOR 40.00 X 118824 0 6309 118824 0 6309 1 0 0 0 0 DUES AND ASSESSMENTS 524298 550151 550151 550151 11847 11847 ESTATE DISTRIBUTION 524292 509572 509572 OTHER INCOME 900003 52 52 509624 1071622 1059775 0 11847 118824 17823 6309 9146 10800 15520 1541 3561 4736 4041 329 3198 NOLHGA RELATED 92438 ADMINISTRATION 9440 COMPUTER SUPPORT 3547 301253 1233539 2005878 5525 5113 741 412 1234280 2006290 3862 3830 16150 17823 20012 21653 X 1214268 1984637 1214268 1984637 1234280 2006290 770369 0 X 0 1 X 1 0 5525 5113 412 412 SEP PAYABLE 17823 17823 X 1071622 0 1071622 0 1071622 299560 16871 16871 282689 18564 18564 301253 PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. THE ASSOCIATION IS EXEMPT FROM STATE INCOME TAXES UNDER CHAPTER 408-F OF THE NEW HAMPSHIRE STATUTES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THERE WAS NO UNRELATED BUSINESS INCOME TAX FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022. THE ASSOCIATION HAS ADOPTED THE PROVISIONS OF FASB ASC 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. ACCORDINGLY, MANAGEMENT HAS EVALUATED THE ASSOCIATION'S TAX POSITIONS AND CONCLUDED THE ASSOCIATION HAD MAINTAINED ITS TAX-EXEMPT STATUS, DOES NOT HAVE ANY SIGNIFICANT UNRELATED BUSINESS INCOME AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT OR DISCLOSURE IN THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE ASSOCIATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL OR STATE TAX AUTHORITIES FOR YEARS BEFORE 2020. PART XII, LINE 2D - OTHER ADJUSTMENTS: ACCRUED EXPENSES AT 12/31/22 - $721 SEP PAYABLE AT 12/31/22 - $16,150 PART XII, LINE 4B - OTHER ADJUSTMENTS: ACCRUED EXPENSES AT 12/31/23- $741 SEP PAYABLE AT 12/31/23 - $17,823 FORM 990, SCHEDULE D PART XII LINE 2D: PRIOR YEAR ACCRUED EXPENSES & SEP PAYABLE PART XII LINE 4B: CURRENT YEAR ACCRUED EXPENSES & SEP PAYABLE FORM 990, PART VI, SECTION A, LINE 6 UNDER NEW HAMPSHIRE STATUTE, ALL INSURANCE COMPANIES AUTHORIZED TO SELL LIFE INSURANCE, ANNUITY CONTRACTS OR HEALTH INSURANCE IN NEW HAMPSHIRE ("MEMBER INSURERS") ARE REQUIRED TO BE MEMBERS OF THE ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBER INSURERS OF THE ASSOCIATION ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B UPON THE ELECTION OF THE BOARD OF DIRECTORS, THE ASSOCIATION NOTIFIES THE COMMISSIONER TO REQUEST WRITTEN APPROVAL OF THE BOARD AS ELECTED. FORM 990, PART VI, SECTION B, LINE 11B THE ADMINISTRATOR REVIEWS THE PREPARED FORM 990 AND THEN SUBMITS IT TO ALL BOARD MEMBERS FOR REVIEW PRIOR TO IT BEING SIGNED AND FILED. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR ALL DIRECTORS AND KEY EMPLOYEES OF THE ASSOCIATION ARE REQUIRED TO COMPLETE A CONFLICTS OF INTERESTS QUESTIONNAIRE. THE CONFLICTS OF INTEREST POLICY IS ENFORCED BY THE OFFICERS OR THE BOARD OF DIRECTORS OF THE ASSOCIATION IN ACCORDANCE WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE ASSOCIATION MEETS ANNUALLY FOR A PERFORMANCE AND COMPENSATION REVIEW OF THE ASSOCIATION'S ADMINISTRATOR. MEMBERS OF THE EXECUTIVE COMMITTEE, WHO SERVE ON THE BOARDS OF OTHER STATE GUARANTY ASSOCIATIONS, ARE AWARE OF COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS AND UTILIZE THIS INFORMATION IN DETERMINING COMPENSATION. THE DECISIONS OF THE EXECUTIVE COMMITTEE ARE DETAILED IN A WRITTEN RECORD PROVIDED TO THE FULL BOARD AND KEPT IN PERMANENT RECORDS OF THE ASSOCIATION. FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION IS GOVERNED BY STATE STATUTE AND THAT INFORMATION IS AVAILABLE ON THE ASSOCIATION'S WEB SITE. THE PLAN OF OPERATION IS POSTED ON THE STATE OF NH INSURANCE DEPARTMENT WEBSITE AND IS PROVIDED TO EACH MEMBER COMPANY. THE CONFLICTS OF INTEREST POLICY WOULD BE AVAILABLE UPON REQUEST. AUDITED FINANCIAL STATEMENTS AND A REPORT OF ACTIVITIES DURING THE PRECEDING YEAR ARE PROVIDED ANNUALLY TO THE INSURANCE DEPARTMENT. THE ASSOCIATION'S ANNUAL FORM 990 IS POSTED ON WWW.GUIDESTAR.ORG.