Skip to main content

Nonprofit · EIN 73-1121874

OKLAHOMA PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION

Tax-exempt · OKLAHOMA CITY, OK 73102

Financials

$2M$9.2M2023$19.4M$19.8M2024
Revenue Expenses · by fiscal year end
Financials of OKLAHOMA PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$19,362,352$19,848,648-$486,296$63,891,196$0$63,891,196
December 31, 2023990$2,048,149$9,185,662-$7,137,513$64,375,362$0$64,375,362
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$17,740,736
Investment income
$1,621,616
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$17,458,861
Other salaries and wages
$424,671
Salaries, compensation and benefits (total)
$537,376
Professional fundraising fees
$0
Legal fees
$19,864
Accounting fees
$20,997
Occupancy
$9,196
Travel
$5,334
Depreciation
$3,663

Balance sheet and other

Total assets, start of year
$64,375,362
Total assets, end of year
$63,891,196
Total liabilities, end of year
$0
Net assets, end of year
$63,891,196
Publicly traded securities
$23,774,032
Net assets without donor restrictions
$63,891,196
Gross receipts
$19,362,352
Employees
3
Volunteers
13
Year formed
1980
State of legal domicile
OK

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
FARMERS INSURANCE COMPANY INCCHAIRMAN
Institutional trustee
0.2$0
LIBERTY MUTUAL INSURANCEVICE-CHAIR
Institutional trustee
0.2$0
OKLAHOMA FARM BUREAU MUTUAL INSURANCESECRETARY/TREASURER
Institutional trustee
0.2$0
AMERICAN MERCURY INSURANCE COMPANYDIRECTOR
Institutional trustee
0.1$0
AMERICAN FARMERS & RANCHERS MUTUAL INDIRECTOR
Institutional trustee
0.1$0
COMPSOURCE MUTUALDIRECTOR
Institutional trustee
0.1$0
CSAADIRECTOR
Institutional trustee
0.1$0
INDEPENDENT INSURANCE AGENTS OF OK IDIRECTOR
Institutional trustee
0.1$0
INSURICADIRECTOR
Institutional trustee
0.1$0
MID-CONTINENT CASUALTY COMPANYDIRECTOR
Institutional trustee
0.1$0
SHELTER MUTUAL INSURANCE COMPANYDIRECTOR
Institutional trustee
0.1$0
STATE FARM MUTUAL AUTO INSURANCE CODIRECTOR
Institutional trustee
0.1$0
AMANDA BARBERAEXECUTIVE DIRECTOR
Officer
10$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
FARMERS INSURANCE COMPANY INCCHAIRMAN
Institutional trustee
0.2$0
LIBERTY MUTUAL INSURANCEVICE-CHAIR
Institutional trustee
0.2$0
OKLAHOMA FARM BUREAU MUTUAL INSURANCESECRETARY/TREASURER
Institutional trustee
0.2$0
AMERICAN MERCURY INSURANCE COMPANYDIRECTOR
Institutional trustee
0.1$0
AMERICAN FARMERS & RANCHERS MUTUAL INDIRECTOR
Institutional trustee
0.1$0
INDEPENDENT INSURANCE AGENTS OF OK IDIRECTOR
Institutional trustee
0.1$0
INSURICADIRECTOR
Institutional trustee
0.1$0
MID-CONTINENT CASUALTY COMPANYDIRECTOR
Institutional trustee
0.1$0
SHELTER MUTUAL INSURANCE COMPANYDIRECTOR
Institutional trustee
0.1$0
STATE FARM MUTUAL AUTO INSURANCE CODIRECTOR
Institutional trustee
0.1$0
AMANDA BARBERAEXECUTIVE DIRECTOR
Officer
10$0

Address and contacts

Address (IRS master file)
201 ROBERT S KERR AVE STE 300, OKLAHOMA CITY, OK 73102-4213
In care of
% TAXPAYER
Principal officer (990 for 2024)
AMANDA BARBERA, 201 ROBERT S KERR SUITE 300, OKLAHOMA CITY, OK 73102
Signed the 990
AMANDA BARBERA, EXECUTIVE DIRECTOR
Phone
(405) 843-5454
Return prepared by
HOGANTAYLOR LLP

Mission

THE ASSOCIATION, AS A NONPROFIT ACTING ON BEHALF OF ITS MEMBER INSURERS, PROVIDES A MECHANISM TO PAY COVERED CLAIMS UNDER CERTAIN INSURANCE POLICIES, TO AVOID EXCESSIVE DELAY IN PAYMENT, TO AVOID FINANCIAL LOSS TO CLAIMANTS OR POLICYHOLDERS BECAUSE OF THE INSOLVENCY OF AN INSURER, AND TO PROVIDE AN ASSOCIATION TO ASSESS THE COST OF PROTECTION AMONG INSURERS. OKLAHOMA STATUTE, TITLE 36, SECTION 2002.A

990 for the year ended December 31, 2024

Program accomplishments

  • PAYMENT OF COVERED CLAIMS UNDER CERTAIN INSURANCE POLICIES, AVOID FINANCIAL LOSS TO CLAIMANTS OR POLICYHOLDERS BECAUSE OF THE INSOLVENCY OF AN INSURER AND ASSESS THE COST OF THIS PROTECTION.

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
73-1121874
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1981
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$63,891,196
Income (IRS master file)
$19,362,352

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$19,362,352$19,848,648$63,891,196XML
990December 2023$2,048,149$9,185,662$64,375,362XML
990December 2022$942,781$3,481,973$71,511,443IRS
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 73-1121874).

Questions about OKLAHOMA PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION

What is the EIN of OKLAHOMA PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION?
The employer identification number (EIN) of OKLAHOMA PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION is 73-1121874.
Is OKLAHOMA PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1981.
Are donations to OKLAHOMA PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does OKLAHOMA PROPERTY AND CASUALTY 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 OKLAHOMA PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did OKLAHOMA PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of OKLAHOMA PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION?
The 990 for the year ended December 31, 2024 names AMANDA BARBERA.
Who are the officers and directors of OKLAHOMA PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION?
The 990 for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
How much revenue does OKLAHOMA PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $19,362,352, expenses of $19,848,648 and total assets of $63,891,196 at year end.

Other nonprofits in OKLAHOMA CITY

All nonprofits in OKLAHOMA CITY · Oklahoma