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Nonprofit · EIN 73-1157305

OKLAHOMA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION

Tax-exempt · OKLAHOMA CITY, OK 73102

Financials

$977K$953K2023$17.1M$3.8M2024
Revenue Expenses · by fiscal year end
Financials of OKLAHOMA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$17,120,229$3,827,524$13,292,705$23,456,163$0$23,456,163
December 31, 2023990$977,326$953,343$23,983$10,163,458$0$10,163,458
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$16,851,681
Investment income
$268,548
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$368,181
Accounting fees
$42,516
Travel
$16,384
Program services (functional)
$3,117,007
Management and general (functional)
$710,517

Balance sheet and other

Total assets, start of year
$10,163,458
Total assets, end of year
$23,456,163
Total liabilities, end of year
$0
Net assets, end of year
$23,456,163
Gross receipts
$17,120,229
Employees
0
Volunteers
10
Year formed
1982
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
GARY R PETERSONCHAIRMAN
Trustee or director, Officer
1$0
CHRIS T KENNEYVICE CHAIRMAN
Trustee or director, Officer
1$0
BRIAN MITCHELLSECRETARY/TREASURER
Trustee or director, Officer
1$0
DARANELL JORDANDIRECTOR
Trustee or director
1$0
ROBERT M DORRELLVICE CHAIRMAN
Trustee or director
1$0
SCOTT SNIDERDIRECTOR
Trustee or director
1$0
HARLEY YANCEY IVDIRECTOR
Trustee or director
1$0
ANDREW G HILLDIRECTOR
Trustee or director
1$0
MICHAEL B HICKEY ESQDIRECTOR
Trustee or director
1$0
BRENT HAGGARDDIRECTOR
Trustee or director
1$0
SHARI J MOUNCEADMINISTRATOR
Officer
1$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
GARY R PETERSONCHAIRMAN
Trustee or director, Officer
1$0
CHRIS T KENNEYVICE CHAIRMAN
Trustee or director, Officer
1$0
BRIAN MITCHELLSECRETARY/TREASURER
Trustee or director, Officer
1$0
DARANELL JORDANDIRECTOR
Trustee or director
1$0
ROBERT M DORRELLDIRECTOR
Trustee or director
1$0
SCOTT SNIDERDIRECTOR
Trustee or director
1$0
HARLEY YANCEY IVDIRECTOR
Trustee or director
1$0
BRENT HAGGARDDIRECTOR
Trustee or director
1$0
MICHAEL B HICKEY ESQDIRECTOR
Trustee or director
1$0
ANDREW G HILLDIRECTOR
Trustee or director
1$0
JAMES W RHODES ESQEXECUTIVE VICE PRESIDENT/G
Officer
1$0
SHARI J MOUNCEASSISTANT ADMIN/SECRETARY
Officer
1$0

Address and contacts

Address (IRS master file)
201 ROBERT S KERR AVE STE 300, OKLAHOMA CITY, OK 73102-4213
Principal officer (990 for 2024)
SHARI J MOUNCE, 201 ROBERT S KERR SUITE 300, OKLAHOMA CITY, OK 731024203
Signed the 990
SHARI J MOUNCE, ADMINISTRATOR
Phone
(405) 272-9221
Return prepared by
REDW LLC

Mission

TO PROTECT POLICY HOLDERS, BENEFICIARIES, PAYEES, AND ASSIGNEES OF INSURANCE POLICIES AGAINST THE NONPERFORMANCE OF A MEMBER INSURER'S CONTRACTUAL OBLIGATIONS DUE TO IMPAIRMENT OR INSOLVENCY.

990 for the year ended December 31, 2024

Program accomplishments

  • TO PROTECT POLICY HOLDERS, BENEFICIARIES, PAYEES, AND ASSIGNEES OF LIFE INSURANCE POLICIES, HEALTH INSURANCE POLICIES, ANNUITY CONTRACTS AND SUPPLEMENTAL CONTRACTS SUBJECT TO CERTAIN LIMITATIONS AGAINST FAILURE IN THE PERFORMANCE OF OBLIGATIONS DUE TO THE IMPAIRMENT OR INSOLVENCY OF THE ISSUER OF POLICIES. (PURSUANT TO TITLE 36 OF THE OKLAHOMA STATUTES SECTION 2021-2043)
    Expenses $3,117,007 · revenue $16,851,681

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
73-1157305
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1982
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$23,456,163
Income (IRS master file)
$17,120,229

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$17,120,229$3,827,524$23,456,163XML
990December 2023$977,326$953,343$10,163,458XML
990December 2022$3,222,942$704,594$10,139,475IRS
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 73-1157305).

Questions about OKLAHOMA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION

What is the EIN of OKLAHOMA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION?
The employer identification number (EIN) of OKLAHOMA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION is 73-1157305.
Is OKLAHOMA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1982.
Are donations to OKLAHOMA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does OKLAHOMA 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 OKLAHOMA LIFE AND HEALTH 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 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 2024.
Who is the principal officer of OKLAHOMA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION?
The 990 for the year ended December 31, 2024 names SHARI J MOUNCE.
Who are the officers and directors of OKLAHOMA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION?
The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
How much revenue does OKLAHOMA LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $17,120,229, expenses of $3,827,524 and total assets of $23,456,163 at year end.

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