Nonprofit · EIN 03-0260123
VT LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION
Tax-exempt · MONTPELIER, VT 05604
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $3,212,959 | $1,754,645 | $1,458,314 | $3,793,935 | $0 | $3,793,935 |
| December 31, 2024 | 990 | $3,116,505 | $251,091 | $2,865,414 | $3,832,383 | $1 | $3,832,382 |
| December 31, 2023 | 990 | $204,378 | $239,544 | -$35,166 | $966,968 | $0 | $966,968 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $3,149,346
- Investment income
- $63,613
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $123,700
- Salaries, compensation and benefits (total)
- $123,700
- Professional fundraising fees
- $0
- Accounting fees
- $8,600
- Occupancy
- $3,278
Balance sheet and other
- Total assets, start of year
- $3,832,383
- Total assets, end of year
- $3,793,935
- Total liabilities, end of year
- $0
- Net assets, end of year
- $3,793,935
- Net assets without donor restrictions
- $3,793,935
- Gross receipts
- $3,212,959
- Employees
- 0
- Volunteers
- 10
- Year formed
- 1971
- State of legal domicile
- VT
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Robert Burke | Administrator Officer | 15 | $86,500 |
| Carla Lawrence | Secretary/Assistant Treasurer Officer | 8 | $37,200 |
| Alex Bogdanov | Director Trustee or director | 0.25 | $0 |
| Kyle Smith | Director Trustee or director | 0.25 | $0 |
| Gregory Redmond | Director Trustee or director | 0.25 | $0 |
| Gary Henning | Director Trustee or director | 0.25 | $0 |
| Thomas Crohan | Director Trustee or director | 0.25 | $0 |
| Sean Quinn | Director Trustee or director | 0.25 | $0 |
| Carrie Hartgen | Director Trustee or director | 0.25 | $0 |
| Sherry Gillespie | Treasurer Trustee or director, Officer | 1 | $0 |
| Christopher Zimmerman | Chair (end 12/25) Trustee or director, Officer | 0.5 | $0 |
| Doug Wheeler | Chair (start 12/25) Trustee or director, Officer | 0.5 | $0 |
990 for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT BURKE | ADMINISTRATOR Officer | 4 | $82,250 |
| ALEX BOGDANOV | Director Trustee or director | 0.25 | $0 |
| KYLE SMITH | Director Trustee or director | 0.25 | $0 |
| GREGORY REDMOND | Director Trustee or director | 0.25 | $0 |
| GARY HENNING | Director Trustee or director | 0.25 | $0 |
| THOMAS CROHAN | Director Trustee or director | 0.25 | $0 |
| SEAN QUINN | Director Trustee or director | 0.25 | $0 |
| CARRIE HARTGEN | Director Trustee or director | 0.25 | $0 |
| SHERRY GILLESPIE | Treasurer Trustee or director, Officer | 1 | $0 |
| CHRISTOPHER ZIMMERMAN | Chairman Trustee or director, Officer | 0.5 | $0 |
| CARLA LAWRENCE | Secretary Officer | 4 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT BURKE | ADMINISTRATOR Officer | 4 | $79,500 |
| RICHARD BROCKWAY FORMER | Treasurer Officer | 4 | $14,450 |
| ALEX BOGDANOV | Director Trustee or director | 0.25 | $0 |
| DOUGLAS WHEELER | Director Trustee or director | 0.25 | $0 |
| BRIAN LEMEK FORMER | Treasurer Trustee or director, Officer | 0.25 | $0 |
| GREGORY REDMOND | Director Trustee or director | 0.25 | $0 |
| GARY HENNING | Director Trustee or director | 0.25 | $0 |
| THOMAS CROHAN | Director Trustee or director | 0.25 | $0 |
| SEAN QUINN | Director Trustee or director | 0.25 | $0 |
| CARRIE HARTGEN | Director Trustee or director | 0.25 | $0 |
| SHERRY GILLESPIE | Treasurer Trustee or director, Officer | 1 | $0 |
| CHRISTOPHER ZIMMERMAN | Chairman Trustee or director, Officer | 0.5 | $0 |
| CARLA LAWRENCE | Secretary Officer | 4 | $0 |
Address and contacts
- Address (IRS master file)
- ONE NATIONAL LIFE DRIVE M585, MONTPELIER, VT 05604-1000
- In care of
- % NATIONAL LIFE INURANCE COMPANY
- Principal officer (990 for 2025)
- Robert Burke, One National Life Drive M585, Montpelier, VT 05604
- Signed the 990
- Robert Burke, Administrator
- Phone
- (802) 229-3553
- Website
- https://www.vtlifega.org/
- Return prepared by
- Baker Newman & Noyes
Mission
The Mission of the Association is to provide protection and security for Vermont insurance policyholders and beneficiaries of policies issued by insolvent insurance companies, up to specified limits.
Program accomplishments
- During this tax year, the Association continued to provide protection and security for Vermont insurance policyholders and beneficiaries of policies issued by insolvent insurance companies. The Association also typically covers persons protected by certificates of insurance issued under policies of group life, group annuity, or group health insurance policies. In this tax year, the Association remitted insurance account expenses exceeding $1.5 million.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 03-0260123
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1975
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $3,793,935
- Income (IRS master file)
- $3,212,959
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $3,212,959 | $1,754,645 | $3,793,935 | IRS |
| 990 | December 2024 | $3,116,505 | $251,091 | $3,832,383 | IRS |
| 990 | December 2023 | $204,378 | $239,544 | $966,968 | XML |
| 990 | December 2022 | $510,275 | $215,889 | $1,002,134 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 03-0260123).
Questions about VT LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION
- What is the EIN of VT LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION?
- The employer identification number (EIN) of VT LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION is 03-0260123.
- Is VT LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1975.
- Are donations to VT LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does VT LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of VT LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VT LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of VT LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION?
- The 990 for the year ended December 31, 2025 names Robert Burke.
- Who are the officers and directors of VT LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION?
- The 990 for the year ended December 31, 2025 lists 12 people; 2 received compensation from the organization, the highest $86,500 (Robert Burke, Administrator).
- How much revenue does VT LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $3,212,959, expenses of $1,754,645 and total assets of $3,793,935 at year end.
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