2025-07-01T15:20:41-05:00 2024-12-31 042734675 DANIEL DENNIS & COMPANY LLP 990 WASHINGTON STREET STE 203 DEDHAM MA 02026 990 2024-01-01 222994116 MASSACHUSETTS LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION MASS 4137448483 PO BOX 3171 SPRINGFIELD MA 011013171 RICHARD P BOWMAN ESQUIRE SECRETARY/TREASURER 4137448483 2025-07-01 1 1 ANDREW BACIGALUPO P01797572 6172629898 2025-05-27 2024 2025-03-06 01:10:19Z WILLIAM B FISHER ESQ PO BOX 3171 SPRINGFIELD MA 011013171 120684233 0 X HTTP://WWW.MALIFEGA.ORG X 1986 MA TO PAY CLAIMS AGAINST INSOLVENT INSURANCE COMPANIES LICENSED TO TRANSACT LIFE AND HEALTH INSURANCE IN THE COMMONWEALTH OF MASSACHUSETTS. 9 9 0 0 0 0 0 0 14912423 119920404 89755 763675 -252 154 15001926 120684233 0 0 11294 5743 119000 121333 0 0 0 330658 132849125 460952 132976201 14540974 -12291968 18372444 138737098 171247 132823372 18201197 5913726 TO PAY CLAIMS AGAINST INSOLVENT INSURANCE COMPANIES LICENSED TO TRANSACT LIFE AND HEALTH INSURANCE IN THE STATE OF MASSACHUSETTS. 0 0 132836346 PAID CLAIMS AGAINST INSOLVENT INSURANCE COMPANIES LICENSED TO TRANSACT LIFE AND HEALTH INSURANCE IN THE STATE OF MASSACHUSETTS. 132836346 0 0 0 0 0 0 0 0 0 0 1 0 1 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 4 0 0 0 0 0 0 0 0 0 0 X 9 9 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 1 1 0 0 X WILLIAM B FISHER ESQUIRE 4137448483 1295 STATE STREET MIP B425 SPRINGFIELD MA 01111 WILLIAM B FISHER ESQUIRE EXECUTIVE DIRECTOR 15.00 X 120750 0 0 JOHN DEITELBAUM CHAIR 1.00 X 0 0 0 RICHARD P BOWMAN ESQUIRE SECRETARY/TREASURER 1.00 X 0 0 0 GRANT WARD VICE CHAIR 1.00 X 0 0 0 SARAH JAMES ASSISTANT SECRETARY 1.00 X 0 0 0 METROPOLITAN LIFE INSURANCE CO DIRECTOR 1.00 X 0 0 0 PAUL REVERE LIFE INSURANCE CO DIRECTOR 1.00 X 0 0 0 PRINCIPAL LIFE INSURANCE CO DIRECTOR 1.00 X 0 0 0 JOHN HANCOCK LIFE INSURANCE CO DIRECTOR 1.00 X 0 0 0 UNITEDHEALTHCARE INSURANCE CO DIRECTOR 1.00 X 0 0 0 SAVINGS BANK MUTUAL LIFE INS CO DIRECTOR 1.00 X 0 0 0 MASS MUTUAL LIFE INS CO DIRECTOR 1.00 X 0 0 0 BOSTON MUTUAL LIFE INSURANCE CO DIRECTOR 1.00 X 0 0 0 NEW YORK LIFE INSURANCE COMPANY DIRECTOR 1.00 X 0 0 0 120750 0 0 1 0 0 0 WILLIAM B FISHER 163 ACADEMY DRIVE LONGMEADOW MA 01106 EXECUTIVE DIRECTOR 120750 1 ASSESSMENT REVENUE 524298 119810000 119810000 DISTRIBUTION FROM LIQUIDATOR 524298 109388 109388 PREMIUMS 524298 1016 1016 119920404 763675 763675 MISCELLANEOUS INCOME 524298 154 154 154 120684233 119920558 0 763675 5743 5743 121333 46106 75227 28407 12895 15512 74772 74772 21526 21526 2150 2150 588 588 3400 3400 21452 21452 CHANGE IN ESTIMATED INS 132375520 132375520 NOHLGA EXPENSE 254768 254768 MEMBERSHIP DUES 66142 66142 HEALTH CLAIMS 400 400 132976201 132836346 139855 0 255204 96211 31357 24117434 14400 3793 3269483 97275871 14802000 17243789 18372444 138737098 117572 173841 53675 132649531 171247 132823372 X 18201197 5913726 18201197 5913726 18372444 138737098 -12291968 4497 0 X 0 1 X 1 0 0 0 INVESTMENTS IN U.S. TREASURY BILLS 2895956 F INVESTMENTS IN U.S. TREASURY MONEY MARKET FUND 94379915 F 97275871 UNBILLED ASSESSMENTS 16802000 ESTIMATED CONTRACTUAL RECEIVABLE 441789 17243789 HEALTH REFUND PAYABLE 13531 ESTIMATED INSURANCE CONTRACTUAL OBLIGATIONS PAYABLE 132636000 132649531 X 120688730 4497 4497 120684233 0 120684233 132976201 0 132976201 0 132976201 PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER PROVISIONS OF SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE, AND SIMILAR STATE STATUTES. THE ASSOCIATION EVALUATES TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN ITS TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE MORE-LIKELY-THAN-NOT OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD, ALONG WITH ACCRUED INTEREST AND PENALTY THEREON WOULD BE RECORDED AS AN EXPENSE IN THE CURRENT YEAR FINANCIAL STATEMENTS. AT DECEMBER 31, 2024 THE ASSOCIATION BELIEVES THAT IT HAS NO UNCERTAIN TAX POSITIONS WITHIN ANY OF ITS OPEN TAX YEARS. FORM 990, PART VI, SECTION A, LINE 2 THE ASSOCIATION'S EXECUTIVE DIRECTOR HAS A BUSINESS RELATIONSHIP WITH MASS MUTUAL LIFE INSURANCE COMPANY, A CURRENT DIRECTOR FORM 990, PART VI, SECTION A, LINE 6 EACH COMPANY LICENSED TO TRANSACT LIFE, HEALTH, OR ANNUITY BUSINESS IN MASSACHUSETTS IS REQUIRED TO BE A MEMBER. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBER COMPANIES ELECT THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS OF THE ASSOCIATION ARE THE MEMBER COMPANIES AND THE INDIVIDUALS NAMED ARE THE REPRESENTATIVES CHOSEN BY THE BOARD MEMBER AS ITS REPRESENTATIVE. FORM 990, PART VI, SECTION A, LINE 7B THE MASSACHUSETTS COMMISSIONER OF INSURANCE APPROVES THE NOMINEES FOR MEMBERSHIP ON THE BOARD OF DIRECTORS. ANY ACTION OF THE BOARD OF DIRECTORS MAY ALSO BE APPEALED TO THE COMMISSIONER OF INSURANCE. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PRESENTED TO THE BOARD AS PART OF THE OVERALL FINANCIAL STATEMENT PRESENTATION WHERE THE BOARD ACCEPTS BOTH THE FORM 990 AND THE AUDITED FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR ALL DIRECTORS AND CONSULTANTS OF THE ASSOCIATION ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE. THE CONFLICT 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 15A EACH YEAR AT THE ANNUAL MEETING, THE BOARD MEETS IN EXECUTIVE SESSION TO REVIEW THE PERFORMANCE OF ITS EXECUTIVE DIRECTOR AND COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC AS IT IS NOT REQUIRED.