Skip to main content

Nonprofit · EIN 58-7149036

MISSISSIPPI LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION

Tax-exempt · JACKSON, MS 39296

Financials

$3M$1.9M2023$2.3M$2.4M2024$2.8M$9.5M2025
Revenue Expenses · by fiscal year end
Financials of MISSISSIPPI LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$2,801,861$9,501,913-$6,700,052$28,261,578$0$28,261,578
December 31, 2024990$2,301,863$2,350,523-$48,660$34,961,630$0$34,961,630
December 31, 2023990$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.

NameTitleHours / weekCompensation
GORDON B HAYDELEXECUTIVE DIRECTOR
Officer
40$275,030
BCBS OF MS - BRYAN LAGGCHAIRMAN
Trustee or director, Officer
2$0
STATE FARM LIFE INS - ERIN DONALDSODIRECTOR
Trustee or director
0.5$0
STHN FRM BUR LF - JEFFERY STYRESDIRECTOR
Trustee or director
0.5$0
MA MUTUAL LIFE INS - MICHAEL GOODWIDIRECTOR
Trustee or director
0.5$0
PAN-AMERICAN LIFE INS- DANIEL LAGRODIRECTOR
Trustee or director
0.5$0
AMERICAN GENERAL - SEEMA TANEJADIRECTOR
Trustee or director
0.5$0
AMBETTER OF MAGNOLIA - AARON SISKSECRETARY/TREASURER
Trustee or director, Officer
0.5$0
990 for the year ended December 31, 2024: 8 people
NameTitleHours / weekCompensationOther / benefits
GORDON B HAYDELEXECUTIVE DIRECTOR
Officer
40$288,474$4,512
BCBS OF MS - BRYAN LAGGCHAIRMAN
Trustee or director, Officer
2$0$0
AM BNKRS LF - CHARLES SHAMBURGERSECRETARY/TREASURER
Trustee or director, Officer
0.5$0$0
STHN FRM BUR LF - JEFFERY STYRESDIRECTOR
Trustee or director
0.5$0$0
AM CONT INS - MICHAEL COLLIFLOWERDIRECTOR
Trustee or director
0.5$0$0
PRUDENTIAL INSURANCE - KYLE SMITHDIRECTOR
Trustee or director
0.5$0$0
AMERICAN GENERAL - SEEMA TANEJADIRECTOR
Trustee or director
0.5$0$0
AMBETTER OF MAGNOLIA - AARON SISKDIRECTOR
Trustee or director
0.5$0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensationOther / benefits
GORDON B HAYDELEXECUTIVE DIRECTOR
Officer
40$252,328$5,013
BCBS OF MS - BRYAN LAGGCHAIRMAN
Trustee or director, Officer
2$0$0
AM BNKRS LF - CHARLES SHAMBURGERSECRETARY/TREASURER
Trustee or director, Officer
0.5$0$0
STHN FRM BUR LF - JEFFERY STYRESDIRECTOR
Trustee or director
0.5$0$0
AM CONT INS - MICHAEL COLLIFLOWERDIRECTOR
Trustee or director
0.5$0$0
PRUDENTIAL INSURANCE - KYLE SMITHDIRECTOR
Trustee or director
0.5$0$0
AMERICAN GENERAL - SEEMA TANEJADIRECTOR
Trustee or director
0.5$0$0
AMBETTER OF MAGNOLIA - AARON SISKDIRECTOR
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
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.

990 for the year ended December 31, 2025

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 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
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

FormYear endedRevenueExpensesAssetsReturn
990December 2025$2,801,861$9,501,913$28,261,578XML
990December 2024$2,301,863$2,350,523$34,961,630XML
990December 2023$2,991,941$1,900,606$35,010,290XML
990December 2022$2,194,755$1,283,167$33,918,955IRS
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 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.

Other nonprofits in JACKSON

All nonprofits in JACKSON · Mississippi