Rhode Island Life And Health Insurance Guaranty Association

Providence, RI
Tax exemption issued: Jan. 1994
EIN: 05-0420932

Type of Nonprofit

Designated as a 501(c)(6) Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Organizations with gross receipts of less than $50,000 can file the form 990-N postcard filing, which doesn’t include financial details. All Form 990 data is from the IRS.

Fiscal Year Ending Sept.
2025

Revenue

$73,688,018

Expenses

$67,568,047

Net Income

$6,119,971

Net Assets

$8,709,237

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$72,959,295	99.0%
Investment Income	$337,091	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$391,632	0.5%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$79,583	0.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$8,500	0.0%

Assets/Debt
Total Assets	$8,709,237
Total Liabilities	$0
Net Assets	$8,709,237

Compensation

Key Employees and Officers	Compensation	Related	Other
Margarett Sperry Esq (Executive Direc)	$79,583	$0	$0
Brooks R Magratten (Executive Direc)	$20,000	$0	$0

990

Filed on Dec. 3, 2025

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Sept.
2024

Revenue

$93,393

Expenses

$292,113

Net Income

-$198,720

Net Assets

$2,589,266

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$840	0.9%
Investment Income	$94,640	> 100%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$2,087
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$95,500	32.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$10,635	3.6%

Assets/Debt
Total Assets	$2,589,266
Total Liabilities	$0
Net Assets	$2,589,266

Compensation

Key Employees and Officers	Compensation	Related	Other
Margaret Sperry Esq (Executive Direc)	$95,500	$0	$0

990

Filed on July 31, 2025

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Sept.
2023

Revenue

$397,111

Expenses

$191,394

Net Income

$205,717

Net Assets

$2,774,768

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$371,907	93.7%
Investment Income	$32,820	8.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$7,616
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$112,000	58.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$21,025	11.0%

Assets/Debt
Total Assets	$2,774,768
Total Liabilities	$0
Net Assets	$2,774,768

Compensation

Key Employees and Officers	Compensation	Related	Other
Margaret Sperry Esq (Executive Direc)	$112,000	$0	$0

990

Filed on Aug. 14, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Sept.
2022

Revenue

$359,286

Expenses

$289,050

Net Income

$70,236

Net Assets

$2,569,051

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$311,265	86.6%
Investment Income	$41,832	11.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$6,189	1.7%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$105,500	36.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$19,810	6.9%

Assets/Debt
Total Assets	$2,569,051
Total Liabilities	$0
Net Assets	$2,569,051

Compensation

Key Employees and Officers	Compensation	Related	Other
Margaret Sperry Esq (Executive Direc)	$105,500	$0	$0

990

Filed on May 8, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

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PDF XML

Fiscal Year Ending Sept.
2021

Revenue

$350,599

Expenses

$256,654

Net Income

$93,945

Net Assets

$2,498,815

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$308,134	87.9%
Investment Income	$42,376	12.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$89	0.0%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$92,750	36.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$13,685	5.3%

Assets/Debt
Total Assets	$2,498,815
Total Liabilities	$0
Net Assets	$2,498,815

Compensation

Key Employees and Officers	Compensation	Related	Other
Margaret Sperry Esq (Executive Direc)	$92,750	$0	$0

990

Filed on Jan. 18, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Sept.
2020

Revenue

$334,993

Expenses

$250,836

Net Income

$84,157

Net Assets

$2,404,870

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$276,897	82.7%
Investment Income	$55,894	16.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$2,202	0.7%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$91,633	36.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$17,128	6.8%

Assets/Debt
Total Assets	$2,404,870
Total Liabilities	$0
Net Assets	$2,404,870

Compensation

Key Employees and Officers	Compensation	Related	Other
Margaret Sperry Esq (Executive Direc)	$91,633	$0	$0

990

Filed on Jan. 19, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Sept.
2019

Revenue

$354,730

Expenses

$227,333

Net Income

$127,397

Net Assets

$2,320,713

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$303,086	85.4%
Investment Income	$52,235	14.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$591
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$88,133	38.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$17,991	7.9%

Assets/Debt
Total Assets	$2,320,713
Total Liabilities	$0
Net Assets	$2,320,713

Compensation

Key Employees and Officers	Compensation	Related	Other
Margaret Sperry Esq (Executive Direc)	$88,133	$0	$0

990

Filed on Jan. 21, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Sept.
2018

Revenue

$313,043

Expenses

$207,167

Net Income

$105,876

Net Assets

$2,193,316

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$277,998	88.8%
Investment Income	$34,670	11.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$375	0.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$85,833	41.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$16,170	7.8%

Assets/Debt
Total Assets	$2,193,316
Total Liabilities	$0
Net Assets	$2,193,316

Compensation

Key Employees and Officers	Compensation	Related	Other
Margaret Sperry Esq (Executive Direc)	$85,833	$0	$0

990

Filed on Dec. 24, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Sept.
2017

Revenue

$2,588,340

Expenses

$1,886,794

Net Income

$701,546

Net Assets

$2,087,440

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,567,725	99.2%
Investment Income	$22,043	0.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$1,428
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$82,066	4.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$21,850	1.2%

Assets/Debt
Total Assets	$2,087,440
Total Liabilities	$0
Net Assets	$2,087,440

Compensation

Key Employees and Officers	Compensation	Related	Other
Margaret Sperry Esq (Executive Direc)	$82,066	$0	$0

990

Filed on Jan. 22, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Sept.
2016

Revenue

$302,035

Expenses

$225,543

Net Income

$76,492

Net Assets

$1,385,894

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$277,131	91.8%
Investment Income	$21,168	7.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$3,736	1.2%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$78,900	35.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$24,743	11.0%

Assets/Debt
Total Assets	$1,385,894
Total Liabilities	$0
Net Assets	$1,385,894

Compensation

Key Employees and Officers	Compensation	Related	Other
Margaret Sperry Esq (Executive Direc)	$78,900	$0	$0

990

Filed on Jan. 13, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Sept.
2015

Revenue

$304,805

Expenses

$257,729

Net Income

$47,076

Net Assets

$1,309,402

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$278,239	91.3%
Investment Income	$12,828	4.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$13,738	4.5%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$80,100	31.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$35,651	13.8%

Assets/Debt
Total Assets	$1,309,402
Total Liabilities	$0
Net Assets	$1,309,402

Compensation

Key Employees and Officers	Compensation	Related	Other
Margaret Sperry Esq (Executive Direc)	$80,100	$0	$0

990

Filed on Jan. 27, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Sept.
2014

Revenue

$307,671

Expenses

$428,418

Net Income

-$120,747

Net Assets

$1,262,326

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$272,828	88.7%
Investment Income	$7,817	2.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$27,026	8.8%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$71,867	16.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$37,002	8.6%

Assets/Debt
Total Assets	$1,262,326
Total Liabilities	$0
Net Assets	$1,262,326

Compensation

Key Employees and Officers	Compensation	Related	Other
Margaret Sperry Esq (Executive Direc)	$71,867	$0	$0

990

Filed on Feb. 4, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Sept.
2013

Revenue

$6,931,825

Expenses

$8,898,059

Net Income

-$1,966,234

Net Assets

$1,383,073

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$6,789,470	97.9%
Investment Income	$22,739	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$119,616	1.7%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$63,625	0.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$37,002	0.4%

Assets/Debt
Total Assets	$5,874,733
Total Liabilities	$4,491,660
Net Assets	$1,383,073

990

Filed on March 19, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Sept.
2012

Revenue

$343,471

Expenses

$697,363

Net Income

-$353,892

Net Assets

$3,349,307

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$262,471	76.4%
Investment Income	$38,856	11.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$42,144	12.3%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$56,333	8.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$35,318	5.1%

Assets/Debt
Total Assets	$3,349,307
Total Liabilities	$0
Net Assets	$3,349,307

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2011

Revenue

$334,264

Expenses

$686,428

Net Income

-$352,164

Net Assets

$3,703,199

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$222,783	66.6%
Investment Income	$101,223	30.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$10,258	3.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$55,000	8.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$34,650	5.0%

Assets/Debt
Total Assets	$3,703,199
Total Liabilities	$0
Net Assets	$3,703,199

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains financial information from tax returns processed by the IRS since the 2012 calendar years, as well as data extracted from digital filings. IRS summary data also includes limited older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits for nonprofit organizations that spent $750,000 or more in federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Most organizations that have been recognized as tax exempt by the IRS have to file the Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file the Form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard," which does not contain financial details. Churches are not required to file Form 990.

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Types of Nonprofits

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Raw filing data. Includes Employer Identification Numbers and summary financials as structured data.
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Rhode Island Life And Health Insurance Guaranty Association

Organization summary

Type of Nonprofit

Tax Filings by Year

Fiscal Year Ending Sept. 2025

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2024

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

Fiscal Year Ending Sept.
2025

Fiscal Year Ending Sept.
2024

Fiscal Year Ending Sept.
2023

Fiscal Year Ending Sept.
2022

Fiscal Year Ending Sept.
2021

Fiscal Year Ending Sept.
2020

Fiscal Year Ending Sept.
2019

Fiscal Year Ending Sept.
2018

Fiscal Year Ending Sept.
2017

Fiscal Year Ending Sept.
2016

Fiscal Year Ending Sept.
2015

Fiscal Year Ending Sept.
2014

Fiscal Year Ending Sept.
2013

Fiscal Year Ending Sept.
2012

Fiscal Year Ending Sept.
2011

Fiscal Year Ending Sept.
2010

Fiscal Year Ending Sept.
2009

Fiscal Year Ending Sept.
2008

Fiscal Year Ending Sept.
2007

Fiscal Year Ending Sept.
2006

Fiscal Year Ending Sept.
2005