Nonprofit · EIN 58-7149036
MISSISSIPPI LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION
Tax-exempt · JACKSON, MS 39296
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $2,801,861 | $9,501,913 | -$6,700,052 | $28,261,578 | $0 | $28,261,578 |
| December 31, 2024 | 990 | $2,301,863 | $2,350,523 | -$48,660 | $34,961,630 | $0 | $34,961,630 |
| December 31, 2023 | 990 | $2,991,941 | $1,900,606 | $1,091,335 | $35,010,290 | $0 | $35,010,290 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,470,809
- Investment income
- $1,331,052
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $8,731,418
- Compensation of officers, directors and key employees
- $250,448
- Salaries, compensation and benefits (total)
- $250,448
- Professional fundraising fees
- $0
- Legal fees
- $71,326
- Accounting fees
- $51,687
- Occupancy
- $9,600
- Travel
- $4,093
Balance sheet and other
- Total assets, start of year
- $34,961,630
- Total assets, end of year
- $28,261,578
- Total liabilities, end of year
- $0
- Net assets, end of year
- $28,261,578
- Gross receipts
- $2,801,861
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1985
- State of legal domicile
- MS
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 |
|---|---|---|---|
| GORDON B HAYDEL | EXECUTIVE DIRECTOR Officer | 40 | $275,030 |
| BCBS OF MS - BRYAN LAGG | CHAIRMAN Trustee or director, Officer | 2 | $0 |
| STATE FARM LIFE INS - ERIN DONALDSO | DIRECTOR Trustee or director | 0.5 | $0 |
| STHN FRM BUR LF - JEFFERY STYRES | DIRECTOR Trustee or director | 0.5 | $0 |
| MA MUTUAL LIFE INS - MICHAEL GOODWI | DIRECTOR Trustee or director | 0.5 | $0 |
| PAN-AMERICAN LIFE INS- DANIEL LAGRO | DIRECTOR Trustee or director | 0.5 | $0 |
| AMERICAN GENERAL - SEEMA TANEJA | DIRECTOR Trustee or director | 0.5 | $0 |
| AMBETTER OF MAGNOLIA - AARON SISK | SECRETARY/TREASURER Trustee or director, Officer | 0.5 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GORDON B HAYDEL | EXECUTIVE DIRECTOR Officer | 40 | $288,474 | $4,512 |
| BCBS OF MS - BRYAN LAGG | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| AM BNKRS LF - CHARLES SHAMBURGER | SECRETARY/TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| STHN FRM BUR LF - JEFFERY STYRES | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| AM CONT INS - MICHAEL COLLIFLOWER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| PRUDENTIAL INSURANCE - KYLE SMITH | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| AMERICAN GENERAL - SEEMA TANEJA | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| AMBETTER OF MAGNOLIA - AARON SISK | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GORDON B HAYDEL | EXECUTIVE DIRECTOR Officer | 40 | $252,328 | $5,013 |
| BCBS OF MS - BRYAN LAGG | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| AM BNKRS LF - CHARLES SHAMBURGER | SECRETARY/TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| STHN FRM BUR LF - JEFFERY STYRES | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| AM CONT INS - MICHAEL COLLIFLOWER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| PRUDENTIAL INSURANCE - KYLE SMITH | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| AMERICAN GENERAL - SEEMA TANEJA | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| AMBETTER OF MAGNOLIA - AARON SISK | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 4562, JACKSON, MS 39296-4562
- Principal officer (990 for 2025)
- BRYAN LAGG, POST OFFICE BOX 4562, JACKSON, MS 39216
- Signed the 990
- BRYAN LAGG, CHAIRMAN
- Phone
- (601) 981-3471
- Website
- WWW.MSLIFEGA.ORG
- Return prepared by
- HARPER RAINS KNIGHT & COMPANY PA
Mission
THE ORGANIZATION IS A NONPROFIT ENTITY ORGANIZED TO PROTECT POLICYHOLDERS, BENEFICIARIES, ANNUITANTS, PAYEES AND ASSIGNEES OF LIFE INSURANCE POLICIES, HEALTH INSURANCE POLICIES, IMMEDIATE OR DEFERRED ANNUITY CONTRACTS AND SUPPLEMENTAL CONTRACTS AGAINST FAILURE IN THE PERFORMANCE OF CONTRACTUAL OBLIGATIONS DUE TO THE IMPAIRMENT OR INSOLVENCY OF A MEMBER INSURER ISSUING SUCH POLICIES OR CONTRACTS.
Program accomplishments
- THE ASSOCIATION PROTECTS POLICYHOLDERS, BENEFICIARIES, ANNUITANTS, ETC. AGAINST FAILURE IN THE PERFORMANCE OF CONTRACTUAL OBLIGATIONS OF AN INSOLVENT MEMBER INSURER.
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
- 58-7149036
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1987
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $28,261,578
- Income (IRS master file)
- $2,801,861
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $2,801,861 | $9,501,913 | $28,261,578 | XML |
| 990 | December 2024 | $2,301,863 | $2,350,523 | $34,961,630 | XML |
| 990 | December 2023 | $2,991,941 | $1,900,606 | $35,010,290 | XML |
| 990 | December 2022 | $2,194,755 | $1,283,167 | $33,918,955 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 58-7149036).
Questions about MISSISSIPPI LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION
- What is the EIN of MISSISSIPPI LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION?
- The employer identification number (EIN) of MISSISSIPPI LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION is 58-7149036.
- Is MISSISSIPPI LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1987.
- Are donations to MISSISSIPPI LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MISSISSIPPI 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 MISSISSIPPI 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 MISSISSIPPI 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 MISSISSIPPI LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION?
- The 990 for the year ended December 31, 2025 names BRYAN LAGG.
- Who are the officers and directors of MISSISSIPPI LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION?
- The 990 for the year ended December 31, 2025 lists 8 people; 1 received compensation from the organization, the highest $275,030 (GORDON B HAYDEL, EXECUTIVE DIRECTOR).
- How much revenue does MISSISSIPPI LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $2,801,861, expenses of $9,501,913 and total assets of $28,261,578 at year end.
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