Nonprofit · EIN 54-1827452
NATIONAL ORGANIZATION OF LIFE AND HEALTH INSURANCE GUARANTY ASSOCS
Tax-exempt · HERNDON, VA 20171
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $7,471,374 | $7,421,225 | $50,149 | $668,759,378 | $662,632,538 | $6,126,840 |
| December 31, 2024 | 990 | $7,499,903 | $7,538,815 | -$38,912 | $423,181,943 | $417,105,249 | $6,076,694 |
| December 31, 2023 | 990 | $7,761,549 | $8,294,400 | -$532,851 | $16,679,124 | $10,562,007 | $6,117,117 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $7,331,676
- Investment income
- $130,898
- Other revenue
- $8,800
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $2,066,116
- Other salaries and wages
- $2,132,075
- Salaries, compensation and benefits (total)
- $5,070,640
- Professional fundraising fees
- $0
- Legal fees
- $42,797
- Accounting fees
- $59,301
- Occupancy
- $328,736
- Depreciation
- $58,271
Balance sheet and other
- Total assets, start of year
- $423,181,943
- Total assets, end of year
- $668,759,378
- Total liabilities, end of year
- $662,632,538
- Net assets, end of year
- $6,126,840
- Land, buildings and equipment
- $1,051,397
- Publicly traded securities
- $1,956,942
- Net assets without donor restrictions
- $6,126,842
- Gross receipts
- $7,471,374
- Employees
- 18
- Volunteers
- 0
- Year formed
- 1996
- State of legal domicile
- VA
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 | Other / benefits |
|---|---|---|---|---|
| Katharine Wade | President Officer | 45 | $807,167 | $36,717 |
| William O'Sullivan | Senior Vice President General Counsel Officer | 45 | $556,977 | $80,806 |
| Keith Sheridan | Vice President Accounting and Finance Officer | 45 | $315,740 | $62,029 |
| Joni Forsythe | Associate General Counsel Highest-paid employee | 45 | $306,318 | $62,084 |
| Michael McDonald | Senior Counsel Highest-paid employee | 45 | $290,624 | $75,147 |
| Jennifer Webb | Chief of Staff Officer | 45 | $255,027 | $28,499 |
| Sean McKenna | Director of Communications Highest-paid employee | 45 | $207,278 | $65,682 |
| Lindsay Crawford | AVP Insolvency Management Highest-paid employee | 45 | $191,199 | $64,873 |
| Daniel Hicks | Director of Information Systems Highest-paid employee | 45 | $216,020 | $20,547 |
| Joy Higa | Immediate Past Chair Trustee or director | 4 | $0 | $0 |
| John Deitelbaum | Chair Trustee or director | 4 | $0 | $0 |
| Todd Thakar | Secretary Trustee or director | 4 | $0 | $0 |
| Christine Cappiello | Vice Chair Trustee or director | 4 | $0 | $0 |
| Joseph Cohen | Director Trustee or director | 4 | $0 | $0 |
| Amanda Barbera | MPC Chair Trustee or director | 4 | $0 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Richard Bowman | Director Trustee or director | 4 | $0 |
| Nicholas Gerhart | Director Trustee or director | 4 | $0 |
| Nancy Margolis | Director Trustee or director | 4 | $0 |
| Eric DuPont | Director Trustee or director | 4 | $0 |
| Pamela Epp Olsen | Director Trustee or director | 4 | $0 |
| Robert Healy | Director Trustee or director | 4 | $0 |
| Julie Mix McPeak | Treasurer Trustee or director | 4 | $0 |
990 for the year ended December 31, 2024: 25 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Katharine Wade | President Officer | 45 | $649,042 | $36,342 |
| William O'Sullivan | Senior Vice President General Counsel Officer | 45 | $559,391 | $78,057 |
| Holly Wilding | Vice President Administrative Services Officer | 45 | $359,399 | $50,191 |
| Michael Heard | Executive Vice President Chief Operating Officer Officer | 45 | $369,335 | $16,415 |
| Joni Forsythe | Associate General Counsel Highest-paid employee | 45 | $296,687 | $68,405 |
| Keith Sheridan | Vice President Accounting and Finance Officer | 45 | $302,491 | $58,506 |
| Augusto Estrada | Director of Finance and Controller Highest-paid employee | 45 | $289,883 | $63,133 |
| Michael McDonald | Senior Counsel Highest-paid employee | 45 | $275,225 | $70,897 |
| Jennifer Webb | Chief of Staff Officer | 45 | $303,389 | $3,915 |
| Sean McKenna | Director of Communications Highest-paid employee | 45 | $188,820 | $59,983 |
| Daniel Hicks | Director of Information Systems Highest-paid employee | 45 | $190,429 | $17,443 |
| Peter Gallanis | President Former | 45 | $157,551 | $0 |
| Joy Higa | Chair Trustee or director | 4 | $0 | $0 |
| John Deitelbaum | Vice Chair Trustee or director | 4 | $0 | $0 |
| Todd Thakar | Secretary Trustee or director | 4 | $0 | $0 |
| Christine Cappiello | Treasurer Trustee or director | 4 | $0 | $0 |
| Germaine Marks | Immediate Past Chair Trustee or director | 4 | $0 | $0 |
| Amanda Barbera | MPC Chair Trustee or director | 4 | $0 | $0 |
| Richard Bowman | Director Trustee or director | 4 | $0 | $0 |
| Nancy Davenport | Director Trustee or director | 4 | $0 | $0 |
| James Frasher | Director Trustee or director | 4 | $0 | $0 |
| Eric DuPont | Director Trustee or director | 4 | $0 | $0 |
| Pamela Epp Olsen | Director Trustee or director | 4 | $0 | $0 |
| Frank Knighton Jr | Director Trustee or director | 4 | $0 | $0 |
| Julie Mix McPeak | Director Trustee or director | 4 | $0 | $0 |
990 for the year ended December 31, 2023: 24 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Peter Gallanis | President Former | 45 | $947,710 | $56,385 |
| Michael Heard | Executive Vice President Chief Operating Officer Officer | 45 | $592,318 | $58,160 |
| William O'Sullivan | Senior Vice President General Counsel Officer | 45 | $533,929 | $68,811 |
| Holly Wilding | Vice President Administrative Services Officer | 45 | $371,721 | $47,576 |
| Keith Sheridan | Vice President Accounting and Finance Officer | 45 | $295,570 | $53,245 |
| Katharine Wade | President Officer | 45 | $329,564 | $0 |
| Joni Forsythe | Associate General Counsel Highest-paid employee | 45 | $266,359 | $60,616 |
| Michael McDonald | Senior Counsel Highest-paid employee | 45 | $263,414 | $61,519 |
| Augusto Estrada | Director of Finance and Controller Highest-paid employee | 45 | $215,325 | $56,672 |
| Sean McKenna | Director of Communications Highest-paid employee | 45 | $180,086 | $51,770 |
| Daniel Hicks | Director of Information Systems Highest-paid employee | 45 | $175,620 | $16,858 |
| Nancy Davenport | Chair Trustee or director | 4 | $0 | $0 |
| Germaine Marks | Vice Chair Trustee or director | 4 | $0 | $0 |
| William Fisher | Secretary Trustee or director | 4 | $0 | $0 |
| Lori Geadelmann | Treasurer Trustee or director | 4 | $0 | $0 |
| Kermitt Brooks | Immediate Past Chair Trustee or director | 4 | $0 | $0 |
| Margaret Sperry | MPC Chair Trustee or director | 4 | $0 | $0 |
| Christine Cappiello | Director Trustee or director | 4 | $0 | $0 |
| John Deitelbaum | Director Trustee or director | 4 | $0 | $0 |
| James Frasher | Director Trustee or director | 4 | $0 | $0 |
| Joy Higa | Director Trustee or director | 4 | $0 | $0 |
| Pamela Epp Olsen | Director Trustee or director | 4 | $0 | $0 |
| Todd Thakar | Director Trustee or director | 4 | $0 | $0 |
| Douglas Wheeler | Director Trustee or director | 4 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 13873 PARK CENTER RD SUITE 505, HERNDON, VA 20171-3223
- In care of
- % KEITH SHERIDAN
- Principal officer (990 for 2025)
- Keith Sheridan, 11911 FREEDOM DR STE 660, RESTON, VA 20190
- Signed the 990
- Katharine Wade, President
- Phone
- (703) 787-4114
Mission
NOLHGA is a voluntary organization of the life and health insurance guaranty associations of all 50 states and the District of Columbia. It was principally formed for the purpose of coordinating and representing its member guaranty associations interests in multi-state insurer insolvencies.
Program accomplishments
- During the year NOLHGA collected and disseminated information related to life and health insurance company impairments and insolvencies. It served as a national clearinghouse for the transfer of funds and the resolution of issues and problems facing life and health insurance companies. It provided a forum for analysis of operational issues for members. NOLHGA acted on behalf of its member state guaranty associations to arrange claims processing collect and analyze reinsurance bids and coordinate audits of impaired or insolvent companies financial status performed by outside firms. NOLHGA provided publications such as the NOLHGA Wire the NOLHGA Journal GA Update the NOLHGA Year-End Report to the Membership insolvency updates assessment information insolvency statistics membership directories and the like.0
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
- 54-1827452
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1997
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $668,759,378
- Income (IRS master file)
- $7,471,374
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $7,471,374 | $7,421,225 | $668,759,378 | XML |
| 990 | December 2024 | $7,499,903 | $7,538,815 | $423,181,943 | XML |
| 990 | December 2023 | $7,761,549 | $8,294,400 | $16,679,124 | XML |
| 990 | December 2022 | $6,898,114 | $7,237,159 | $15,413,326 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 54-1827452).
Questions about NATIONAL ORGANIZATION OF LIFE AND HEALTH INSURANCE GUARANTY ASSOCS
- What is the EIN of NATIONAL ORGANIZATION OF LIFE AND HEALTH INSURANCE GUARANTY ASSOCS?
- The employer identification number (EIN) of NATIONAL ORGANIZATION OF LIFE AND HEALTH INSURANCE GUARANTY ASSOCS is 54-1827452.
- Is NATIONAL ORGANIZATION OF LIFE AND HEALTH INSURANCE GUARANTY ASSOCS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1997.
- Are donations to NATIONAL ORGANIZATION OF LIFE AND HEALTH INSURANCE GUARANTY ASSOCS tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NATIONAL ORGANIZATION OF LIFE AND HEALTH INSURANCE GUARANTY ASSOCS 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 NATIONAL ORGANIZATION OF LIFE AND HEALTH INSURANCE GUARANTY ASSOCS 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 NATIONAL ORGANIZATION OF LIFE AND HEALTH INSURANCE GUARANTY ASSOCS 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 NATIONAL ORGANIZATION OF LIFE AND HEALTH INSURANCE GUARANTY ASSOCS?
- The 990 for the year ended December 31, 2025 names Keith Sheridan.
- Who are the officers and directors of NATIONAL ORGANIZATION OF LIFE AND HEALTH INSURANCE GUARANTY ASSOCS?
- The 990 for the year ended December 31, 2025 lists 22 people; 9 received compensation from the organization, the highest $807,167 (Katharine Wade, President).
- How much revenue does NATIONAL ORGANIZATION OF LIFE AND HEALTH INSURANCE GUARANTY ASSOCS have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $7,471,374, expenses of $7,421,225 and total assets of $668,759,378 at year end.
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