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Nonprofit · EIN 57-0650179

SOUTH CAROLINA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION

Tax-exempt · LEXINGTON, SC 29072

Financials

$3.7M$3.1M2023$29.8M$6.3M2024$11.8M$17.8M2025
Revenue Expenses · by fiscal year end
Financials of SOUTH CAROLINA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$11,762,396$17,757,681-$5,995,285$49,395,915$0$49,395,915
December 31, 2024990$29,830,247$6,319,307$23,510,940$55,391,200$0$55,391,200
December 31, 2023990$3,715,967$3,108,898$607,069$31,880,260$0$31,880,260
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$10,512,637
Investment income
$1,249,759
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$49,356
Accounting fees
$11,420
Travel
$54,585
Program services (functional)
$17,757,681

Balance sheet and other

Total assets, start of year
$55,391,200
Total assets, end of year
$49,395,915
Total liabilities, end of year
$0
Net assets, end of year
$49,395,915
Publicly traded securities
$21,536,882
Gross receipts
$11,762,396
Employees
0
Volunteers
0
Year formed
1972
State of legal domicile
SC

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
AMERICAN FAMILY LIFE ASSURANCE COMPANMEMBER
Institutional trustee
1$0
GENWORTH LIFE & ANNUITY INSURANCE COMEMBER
Institutional trustee
1$0
LINCOLN NATIONAL LIFE INSURANCE COMEMBER
Institutional trustee
1$0
NATIONWIDE LIFE INSURANCE COMEMBER
Institutional trustee
1$0
TIAAMEMBER
Institutional trustee
1$0
COMBINED INSURANCE COMPANYMEMBER
Institutional trustee
1$0
ATHENE ANNUITY AND LIFE ASSUR COCHAIRMAN
Officer
2$0
ATLANTIC COAST LIFE INSURANCE COVICE CHAIRMAN
Officer
1$0
BLUECROSS BLUESHIELD OF SOUTH CAROLTREASURER
Officer
1$0
COLONIAL LIFE AND ACCIDENT INSSECRETARY
Officer
1$0
990 for the year ended December 31, 2024: 9 people
NameTitleHours / weekCompensation
COLONIAL LIFE AND ACCIDENT INSMEMBER
Institutional trustee
1$0
GENWORTH FINANCIAL INCMEMBER
Institutional trustee
1$0
LINCOLN NATIONAL LIFE INSURANCE COMEMBER
Institutional trustee
1$0
NATIONWIDE LIFE INSURANCE COMEMBER
Institutional trustee
1$0
TIAAMEMBER
Institutional trustee
1$0
ATHENE ANNUITY AND LIFE ASSUR COSECRETARY
Officer
1$0
AMERICAN FAMILY LIFE ASSURANCE COMPCHAIRMAN
Officer
2$0
ATLANTIC COAST LIFE INSURANCE COVICE CHAIRMAN
Officer
1$0
BLUECROSS BLUESHIELD OF SOUTH CAROLTREASURER
Officer
1$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
ATLANTIC COAST LIFE INSURANCE COMEMBER
Institutional trustee
1$0
COLONIAL LIFE AND ACCIDENT INSMEMBER
Institutional trustee
1$0
GENWORTH FINANCIAL INCMEMBER
Institutional trustee
1$0
LINCOLN NATIONAL LIFE INSURANCE COMEMBER
Institutional trustee
1$0
NATIONWIDE LIFE INSURANCE COMEMBER
Institutional trustee
1$0
TIAAMEMBER
Institutional trustee
1$0
ATHENE ANNUITY AND LIFE ASSUR COSECRETARY
Officer
1$0
AMERICAN FAMILY LIFE ASSURANCE COMPCHAIRMAN
Officer
2$0
BLUECROSS BLUESHIELD OF SOUTH CAROLTREASURER
Officer
1$0

Address and contacts

Address (IRS master file)
100 OLD CHEROKEE RD STE F PMB 373, LEXINGTON, SC 29072-7959
Principal officer (990 for 2025)
JOHN GARRISON, 100 OLD CHEROKEE RD F 373, LEXINGTON, SC 29072
Signed the 990
JOHN GARRISON, EXECUTIVE DIRECTOR
Phone
(839) 205-9642
Return prepared by
ABERNETHY & COMPANY PC

Mission

IN ACCORDANCE WITH SC LAW, THE ORGANIZATION'S PURPOSE IS TO GUARANTEE BENEFITS AND CONTINUATION OF COVERED LIFE, HEALTH, ACCIDENT AND ANNUITY CONTRACTS WHEN INSURERS ISSUING SUCH POLICIES OR CONTRACTS BECOME INSOLVENT AND ARE UNDER A FINAL ORDER TO LIQUIDATE OR TO REHABILITATE.

990 for the year ended December 31, 2025

Program accomplishments

  • IN ACCORDANCE WITH SOUTH CAROLINA LAW, THE ORGANIZATION'S PROGRAM GUARANTEES PAYMENT OF BENEFITS AND CONTINUATION OF COVERED LIFE, HEALTH, ACCIDENT AND ANNUITY CONTRACTS WHEN INSURERS ISSUING SUCH POLICIES OR CONTRACTS BECOME INSOLVENT AND ARE PLACED UNDER A FINAL ORDER OF LIQUIDATION, REHABILITATION OR CONSERVATION.
    Expenses $17,757,681 · revenue $11,762,396

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
57-0650179
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1977
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$49,395,915
Income (IRS master file)
$11,762,396

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$11,762,396$17,757,681$49,395,915IRS
990December 2024$29,830,247$6,319,307$55,391,200IRS
990December 2023$3,715,967$3,108,898$31,880,260XML
990December 2022$996,848$2,558,799$31,273,191IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 57-0650179).

Questions about SOUTH CAROLINA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION

What is the EIN of SOUTH CAROLINA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION?
The employer identification number (EIN) of SOUTH CAROLINA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION is 57-0650179.
Is SOUTH CAROLINA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1977.
Are donations to SOUTH CAROLINA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does SOUTH CAROLINA LIFE AND 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 SOUTH CAROLINA LIFE AND 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 SOUTH CAROLINA LIFE AND 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 SOUTH CAROLINA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION?
The 990 for the year ended December 31, 2025 names JOHN GARRISON.
Who are the officers and directors of SOUTH CAROLINA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION?
The 990 for the year ended December 31, 2025 lists 10 people; 0 received compensation from the organization.
How much revenue does SOUTH CAROLINA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $11,762,396, expenses of $17,757,681 and total assets of $49,395,915 at year end.

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