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Nonprofit · EIN 23-7182287

TENNESSEE INSURANCE GUARANTY

Tax-exempt · BRENTWOOD, TN 37027

Financials

$6.3M$4.9M2023$6.6M$8.1M2024$9.7M$6.5M2025
Revenue Expenses · by fiscal year end
Financials of TENNESSEE INSURANCE GUARANTY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$9,728,651$6,497,131$3,231,520$180,066,652$74,625,968$105,440,684
December 31, 2024990$6,572,879$8,149,384-$1,576,505$172,952,787$77,554,395$95,398,392
December 31, 2023990$6,316,558$4,874,129$1,442,429$171,163,342$64,263,371$106,899,971
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,723,409
Investment income
$7,005,242
Net gain from sales of assets
$1,649,648
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$175,680
Other salaries and wages
$461,648
Salaries, compensation and benefits (total)
$843,399
Professional fundraising fees
$0
Legal fees
$17,660
Depreciation
$21,773
Program services (functional)
$4,513,932
Management and general (functional)
$1,983,199

Balance sheet and other

Total assets, start of year
$172,952,787
Total assets, end of year
$180,066,652
Total liabilities, end of year
$74,625,968
Net assets, end of year
$105,440,684
Land, buildings and equipment
$44,764
Publicly traded securities
$9,538,388
Net assets without donor restrictions
$105,440,684
Gross receipts
$9,728,651
Employees
5
Volunteers
0
Year formed
1973
State of legal domicile
TN

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.

NameTitleHours / weekCompensation
LORRIE BROUSEEXEC. SECRETARY
Officer
27$175,680
KERRY NATIONSADMINISTRATOR
Highest-paid employee
45$152,431
BETH ANN DUFURCLAIM MANAGER
Highest-paid employee
45$117,226
JOHN MIZECHAIRMAN
Trustee or director
2$0
SHAWN JOHNSONBOARD MEMBER
Trustee or director
2$0
LISA PIERCEBOARD MEMBER
Trustee or director
2$0
EDWARD LANCASTERBOARD MEMBER
Trustee or director
2$0
TRACEY GENTRY HARNEYBOARD MEMBER
Trustee or director
2$0
990 for the year ended December 31, 2024: 8 people
NameTitleHours / weekCompensation
LORRIE BROUSEEXEC. SECRETARY
Officer
27$169,500
KERRY NATIONSADMINISTRATOR
Highest-paid employee
45$139,009
BETH ANN DUFURCLAIM MANAGER
Highest-paid employee
45$110,010
JOHN MIZECHAIRMAN
Trustee or director
2$0
SHAWN JOHNSONBOARD MEMBER
Trustee or director
2$0
LISA PIERCEBOARD MEMBER
Trustee or director
2$0
EDWARD LANCASTERBOARD MEMBER
Trustee or director
2$0
TRACEY GENTRY HARNEYBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
Lorrie BrouseExec. Secretary
Officer
27$163,512
Kerry NationsAdministrator45$127,860
Beth Ann DufurClaim Manager45$107,073
John MizeChairman
Trustee or director
2$0
Shawn JohnsonBoard Member
Trustee or director
2$0
Lisa PierceBoard Member
Trustee or director
2$0
Edward LancasterBoard Member
Trustee or director
2$0
Tracey Gentry HarneyBoard Member
Trustee or director
1$0

Address and contacts

Address (IRS master file)
105 WESTPARK DR STE 420, BRENTWOOD, TN 37027-5010
Principal officer (990 for 2025)
LORRIE BROUSE, 105 WESTPARK DR 420, BRENTWOOD, TN 37027
Signed the 990
LORRIE BROUSE, EXEC. SECRETARY
Phone
(615) 242-6839
Return prepared by
CROSSLIN PLLC

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.).

990 for the year ended December 31, 2025

Program accomplishments

  • THE SOLE ACTIVITY IS TO OPERATE A PROPERTY AND CASUALTY SELF ASSESSMENT GUARANTY FUND WHICH INVOLVES MAKING ASSESSMENTS OF MEMBER COMPANIES AND THE PAYMENT OF CLAIMS ARISING FROM MEMBER INSOLVENCY AS DIRECTED UNDER TENNESSEE STATUTE (SEE T.C.A. 56-12-101 ET SEQ.).
    Expenses $4,513,932 · revenue $2,723,409

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-7182287
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1973
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$180,066,652
Income (IRS master file)
$9,728,651

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$9,728,651$6,497,131$180,066,652XML
990December 2024$6,572,879$8,149,384$172,952,787XML
990December 2023$6,316,558$4,874,129$171,163,342XML
990December 2022$5,456,137$4,652,517$163,937,561IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 23-7182287).

Questions about TENNESSEE INSURANCE GUARANTY

What is the EIN of TENNESSEE INSURANCE GUARANTY?
The employer identification number (EIN) of TENNESSEE INSURANCE GUARANTY is 23-7182287.
Is TENNESSEE INSURANCE GUARANTY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1973.
Are donations to TENNESSEE INSURANCE GUARANTY tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does TENNESSEE INSURANCE GUARANTY 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 TENNESSEE INSURANCE GUARANTY 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 TENNESSEE INSURANCE GUARANTY 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 TENNESSEE INSURANCE GUARANTY?
The 990 for the year ended December 31, 2025 names LORRIE BROUSE.
Who are the officers and directors of TENNESSEE INSURANCE GUARANTY?
The 990 for the year ended December 31, 2025 lists 8 people; 3 received compensation from the organization, the highest $175,680 (LORRIE BROUSE, EXEC. SECRETARY).
How much revenue does TENNESSEE INSURANCE GUARANTY have?
On its 990 for the year ended December 31, 2025 it reported revenue of $9,728,651, expenses of $6,497,131 and total assets of $180,066,652 at year end.

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