2025-07-09T00:05:22-05:00 2024-12-31 480567703 PINION LLC 1821 SOUTH AVENUE WEST 5TH FLOOR MISSOULA MT 59801 990 2024-01-01 810360771 MONTANA LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION MONT 8776781048 PO BOX 123 ADEL IA 50003 LORI GEADELMANN EXECUTIVE DIRECTOR 8776781048 2025-07-07 1 1 IRIS OWEN P01259219 4067217800 2025-07-07 2024 2025-03-06 01:10:19Z X LORI GEADELMANN PO BOX 123 ADEL IA 50003 4301949 0 X WWW.MTLIFEGA.ORG X 1974 MT PROVIDE PROTECTIONS TO POLICYHOLDERS OF IMPAIRED OR INSOLVENT INSURERS 7 7 0 7 0 0 0 0 829448 2000894 301933 364353 21413 17099 1152794 2382346 0 0 0 0 120000 140019 0 0 0 253396 985514 373396 1125533 779398 1256813 9649333 10906146 1538224 1538224 8111109 9367922 MONTANA LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION WAS ESTABLISHED TO PROVIDE CERTAIN PROTECTIONS TO POLICYHOLDERS OF IMPAIRED OR INSOLVENT INSURERS IN ACCORDANCE WITH MONTANA STATUTES TITLE 33, CHAPTER 10, PART 2. 0 0 PAYMENT OF LIFE, HEALTH, LONG-TERM CARE, AND ANNUITY CLAIMS TO INSURED INDIVIDUALS AND ADDRESS OTHER CONTRACTUAL OBLIGATIONS OF EXISTING INSURANCE POLICIES OF INSOLVENT INSURERS. 0 0 0 0 0 0 0 0 0 0 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 5 0 1 0 0 0 0 0 0 0 0 0 X 7 7 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 0 1 1 0 0 X LORI GEADELMANN 8776781048 PO BOX 123 ADEL IA 50003 ASHLEE STRONG DIRECTOR-PUBLIC MEMBER 1.00 X 0 0 0 LESLEY VON ESCHEN DIRECTOR-PUBLIC MEMBER 1.00 X 0 0 0 FARM BUREAU LIFE INSURANCE COMPANY DIRECTOR 1.00 X 0 0 0 STANDARD INSURANCE COMPANY DIRECTOR 1.00 X 0 0 0 BLUE CROSS AND BLUE SHIELD OF MONTANA TREASURER/SECRETARY 1.00 X 0 0 0 UNITED HEALTHCARE INSURANCE COMPANY DIRECTOR 1.00 X 0 0 0 MOUNTAIN HEALTH CO-OP DIRECTOR 1.00 X 0 0 0 ALLEGIANCE COMPANIES DIRECTOR 1.00 X 0 0 0 JANICE VANRIPER EXECUTIVE DIRECTOR 20.00 X 147982 0 0 LORI GEADELMANN EXECUTIVE DIRECTOR 20.00 X 34044 0 0 182026 0 0 1 0 0 0 JANICE VANRIPER PO BOX 8247 MISSOULA MT 59807 ADMINISTRATIVE SERVICES 147982 1 ASSESSMENTS 525920 1953713 1953713 ESTATE DISTRIBUTIONS 525920 47181 47181 2000894 355455 355455 35562 35562 1892939 1919603 -26664 -26664 -26664 PREMIUM INCOME 525920 15727 15727 OTHER INCOME 900099 1372 1372 17099 2382346 2017993 0 364353 140019 6735 58381 19732 40489 CLAIMS 754252 NOLHGA DUES & ASSESSMEN 68661 COMPUTER SERVICES 20097 MISCELLANEOUS 17178 -11 1125533 211374 1253973 2208416 2298142 7229543 7354031 9649333 10906146 1538224 1538224 1538224 1538224 X 5822487 5822487 0 0 2288622 3545435 8111109 9367922 9649333 10906146 1256813 0 X 0 1 X 0 0 0 ASSESSMENT CREDIT CARRYOVERS 1538224 1538224 X 2382346 0 2382346 0 2382346 1125533 0 1125533 0 1125533 PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(6); THEREFORE, NO EXPENDITURES FOR FEDERAL INCOME TAXES HAS BEEN RECORDED. THE ASSOCIATION'S POLICY IS TO EVALUATE THE LIKELIHOOD THAT ITS UNCERTAIN TAX POSITIONS, AS THEY RELATED TO POTENTIAL UNRELATED BUSINESS INCOME TAX, WILL PREVAIL UPON EXAMINATION BASED ON THE EXTENT TO WHICH THOSE POSITIONS HAVE SUBSTANTIAL SUPPORT WITHIN THE INTERNAL REVENUE CODE AND REGULATIONS, REVENUE RULINGS, COURT DECISIONS AND OTHER EVIDENCE. THE ASSOCIATION WOULD RECOGNIZE INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE SHOULD THEY OCCUR. THERE WERE NO INTEREST OR PENALTIES RELATED TO INCOME TAXES IN 2024 OR 2023. FORM 990, PART VI, SECTION A, LINE 3 THE ASSOCIATION HAD AN AGREEMENT FOR ADMINISTRATIVE SERVICES WITH JANVAN, LLC PURSUANT TO WHICH THE PRESIDENT AND OWNER, JAN VANRIPER, SERVED AS EXECUTIVE DIRECTOR FOR A PORTION OF THE YEAR. DURING THE YEAR, THE ASSOCIATION TRANSITIONED TO AN AGREEMENT FOR ADMINISTRATIVE SERVICES WITH SLBW ADMINISTRATORS, LLC PURSUANT TO WHICH THE PRESIDENT AND OWNER, LORI GEADELMANN, NOW SERVES AS EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION A, LINE 6 UNDER MONTANA STATUTES ALL INSURANCE COMPANIES AUTHORIZED TO SELL LIFE INSURANCE, ANNUITY CONTRACTS OR HEALTH INSURANCE IN MONTANA ARE REQUIRED TO BE MEMBERS ("MEMBER INSURERS") OF THE ASSOCIATION FORM 990, PART VI, SECTION A, LINE 7A UNDER MONTANA STATUTES ALL INSURANCE COMPANIES AUTHORIZED TO SELL LIFE INSURANCE, ANNUITY CONTRACTS OR HEALTH INSURANCE IN MONTANA ARE REQUIRED TO BE MEMBERS ("MEMBER INSURERS") OF THE ASSOCIATION FORM 990, PART VI, SECTION A, LINE 7B PER MONTANA STATUTE, FIVE DIRECTORS ARE ELECTED BY THE MEMBER INSURERS, SUBJECT TO APPROVAL BY THE INSURANCE COMMISSIONER, AND 2 DIRECTORS ARE APPOINTED BY THE INSURANCE COMMISSIONER. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS SUBMITTED TO THE ASSOCIATION BOARD OF DIRECTORS ELECTRONICALLY FOR THEIR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ASSOCIATION'S WRITTEN CONFLICT OF INTEREST AND ETHICS POLICY IS DELIVERED ANNUALLY TO OFFICERS, DIRECTORS AND CONSULTANTS AND COMPLETED, SIGNED QUESTIONNAIRES ARE RETURNED TO EXECUTIVE DIRECTOR (ED) FOR REVIEW AND DISPOSITION BY ED, CHAIR AND COUNSEL, WHO REPORT ON DISCLOSURES AND DETERMINATIONS TO THE BOARD FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS FOR DETERMING COMPENSATION OF THE ORGANIZATION EXECUTIVE DIRECTOR INCLUDES BOARD REVIEW AND APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 INFORMATION IS AVAILABLE UPON REQUEST.