PROPUBLICA Fearless Reporting for an Informed Society — Join Us.
DONATE
Skip to content
ProPublica Donate
ProPublica Donate

Pennsylvania Life And Health Insurance Guaranty Association

Organization summary

Type of Nonprofit

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

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$23.3M (2023)

Expenses
$2.71M (2023)

Total Assets
$50.3M (2023)

Total Liabilities
$0 (2023)

Source: Form 990 tax filings from 2011 to 2023

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. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$23,336,573
Expenses
$2,714,931
Net Income
$20,621,642
Net Assets
$50,274,723
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $21,598,207
92.6%
Investment Income $1,667,233
7.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $71,133
0.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $288,050
10.6%
Professional Fundraising Fees $0
Other Salaries and Wages $98,090
3.6%
Assets/Debt
Total Assets $50,274,723
Total Liabilities $0
Net Assets $50,274,723
Compensation
Key Employees and Officers Compensation Related Other
Nancy Margolis (Executive Di) $288,050 $0 $8,641
Cvs Health (Director) $0 $0 $0
Colonial Penn Life Insurance Co (Director) $0 $0 $0
Erie Family Life Insurance Co (Director) $0 $0 $0
Farmers New World Life Insurance Co (Director) $0 $0 $0
Independence Blue Cross (Director) $0 $0 $0
Massachusetts Mutual Life Ins Co (Vice Chair) $0 $0 $0
Metropolitan Life Insurance Co (Director) $0 $0 $0
Nationwide Life Ins Co (Director) $0 $0 $0
The Penn Mutual Life Insurance Co (Chair) $0 $0 $0
Upmc Insurance Services (Secretary/Tr) $0 $0 $0
United Health Group (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$396,599
Expenses
$1,941,833
Net Income
-$1,545,234
Net Assets
$29,653,081
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $891,851
> 100%
Investment Income -$495,252
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $289,600
14.9%
Professional Fundraising Fees $0
Other Salaries and Wages $95,158
4.9%
Assets/Debt
Total Assets $29,653,081
Total Liabilities $0
Net Assets $29,653,081
Compensation
Key Employees and Officers Compensation Related Other
Nancy Margolis (Executive Di) $289,600 $0 $8,688
Cvs Health (Director) $0 $0 $0
Colonial Penn Life Insurance Co (Director) $0 $0 $0
Erie Family Life Insurance Co (Director) $0 $0 $0
Farmers New World Life Insurance Co (Secretary/Tr) $0 $0 $0
Independence Blue Cross (Director) $0 $0 $0
Massachusetts Mutual Life Ins Co (Vice Chair) $0 $0 $0
Metropolitan Life Insurance Co (Director) $0 $0 $0
Nationwide Life Ins Co (Director) $0 $0 $0
The Penn Mutual Life Insurance Co (Chair) $0 $0 $0
Upmc Insurance Services (Director) $0 $0 $0
United Health Group (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$342,282
Expenses
$8,734,202
Net Income
-$8,391,920
Net Assets
$31,198,315
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $383,036
> 100%
Investment Income -$42,810
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $2,056
0.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $272,700
3.1%
Professional Fundraising Fees $0
Other Salaries and Wages $93,223
1.1%
Assets/Debt
Total Assets $31,198,315
Total Liabilities $0
Net Assets $31,198,315
Compensation
Key Employees and Officers Compensation Related Other
Nancy Margolis (Executive Di) $272,700 $0 $8,181
Colonial Penn Life Insurance Co (Director) $0 $0 $0
Aetna Health Life Insurance Compan (Vice Chair) $0 $0 $0
Erie Family Life Insurance Co (Director) $0 $0 $0
Farmers New World Life Insurance Co (Secretary/Tr) $0 $0 $0
Massachusetts Mutual Life Ins Co (Director) $0 $0 $0
Metropolitan Life Insurance Co (Director) $0 $0 $0
Nationwide Life Ins Co (Director) $0 $0 $0
Qcc Insurance Co (Director) $0 $0 $0
The Penn Mutual Life Insurance Co (Chair) $0 $0 $0
Upmc Insurance Services (Director) $0 $0 $0
United Health Group (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$16,141,339
Expenses
$15,752,375
Net Income
$388,964
Net Assets
$39,590,235
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $15,644,726
96.9%
Investment Income $496,613
3.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $218,077
1.4%
Professional Fundraising Fees $0
Other Salaries and Wages $92,300
0.6%
Assets/Debt
Total Assets $39,590,235
Total Liabilities $0
Net Assets $39,590,235
Compensation
Key Employees and Officers Compensation Related Other
Nancy Margolis (Executive Di) $218,077 $0 $6,542
Colonial Penn Life Insurance Co (Director) $0 $0 $0
Aetna Health Life Insurance Compan (Vice Chair) $0 $0 $0
Erie Family Life Insurance Co (Director) $0 $0 $0
Farmers New World Life Isurance Co (Secretary/Tr) $0 $0 $0
Massachusetts Mutual Life Ins Co (Director) $0 $0 $0
Metropolitan Life Insurance Co (Director) $0 $0 $0
Nationwide Life Ins Co (Director) $0 $0 $0
Qcc Insurance Co (Director) $0 $0 $0
Upmc Insurance Services (Director) $0 $0 $0
United Health Group (Director) $0 $0 $0
Vantis Life (Chair) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,557,712
Expenses
$15,574,223
Net Income
-$5,016,511
Net Assets
$39,201,271
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,227,635
87.4%
Investment Income $1,330,077
12.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $246,871
1.6%
Professional Fundraising Fees $0
Other Salaries and Wages $91,205
0.6%
Assets/Debt
Total Assets $39,201,271
Total Liabilities $0
Net Assets $39,201,271
Compensation
Key Employees and Officers Compensation Related Other
Joseph Horvath (Prior Execut) $246,871 $0 $7,406
Colonial Penn Life Insurance Co (Director) $0 $0 $0
Aetna Health Life Insurance Compan (Vice Chair) $0 $0 $0
Erie Family Life Insurance Co (Director) $0 $0 $0
Farmers New World Life Isurance Co (Secretary/Tr) $0 $0 $0
Massachusetts Mutual Life Ins Co (Director) $0 $0 $0
Metropolitan Life Insurance Co (Director) $0 $0 $0
Nationwide Life Ins Co (Director) $0 $0 $0
Qcc Insurance Co (Director) $0 $0 $0
Vantis Life (Chair) $0 $0 $0
Nancy Margolis (Executive Di) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$745,672
Expenses
$15,364,413
Net Income
-$14,618,741
Net Assets
$44,217,782
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $115,367
15.5%
Investment Income $630,305
84.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $243,742
1.6%
Professional Fundraising Fees $0
Other Salaries and Wages $90,110
0.6%
Assets/Debt
Total Assets $44,217,782
Total Liabilities $0
Net Assets $44,217,782
Compensation
Key Employees and Officers Compensation Related Other
Joseph J Horvath (Executive Director) $243,742 $0 $7,312
Qcc Insurance Co (Director) $0 $0 $0
Farmers New World Life Insurance Co (Secretary/Treasurer) $0 $0 $0
Colonial Penn Life Ins Co (Director) $0 $0 $0
Metropolitan Life Ins Co (Director) $0 $0 $0
Vantis Life (Chair) $0 $0 $0
Nationwide Life Ins Co (Director) $0 $0 $0
Erie Insurance Group (Director) $0 $0 $0
Massachusetts Mutual Life Ins Co (Director) $0 $0 $0
Aetna Health & Life Insurance Company (Vice Chair) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$227,667,174
Expenses
$201,814,920
Net Income
$25,852,254
Net Assets
$58,836,523
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $227,160,327
99.8%
Investment Income $506,847
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $243,742
0.1%
Professional Fundraising Fees $0
Other Salaries and Wages $90,110
0.0%
Assets/Debt
Total Assets $58,836,523
Total Liabilities $0
Net Assets $58,836,523
Compensation
Key Employees and Officers Compensation Related Other
Joseph J Horvath (Executive Director) $243,742 $0 $7,312
Qcc Insurance Co (Director) $0 $0 $0
Farmers Insurance (Secretary/Treasurer) $0 $0 $0
Colonial Penn Life Ins Co (Director) $0 $0 $0
Metropolitan Life Ins Co (Director) $0 $0 $0
Penn Mutual Life Ins Co (Chair) $0 $0 $0
Nationwide Life Ins Co (Director) $0 $0 $0
Erie Insurance Group (Director) $0 $0 $0
Massachusetts Mutual Life Ins Co (Director) $0 $0 $0
Aetna Health & Life Insurance Company (Vice Chair) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,153,034
Expenses
$1,860,899
Net Income
$1,292,135
Net Assets
$32,984,269
Notable Sources of Revenue Percent of Total Revenue
Contributions $211,800
6.7%
Program Services $2,745,402
87.1%
Investment Income $195,832
6.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $243,742
13.1%
Professional Fundraising Fees $0
Other Salaries and Wages $90,110
4.8%
Assets/Debt
Total Assets $32,984,269
Total Liabilities $0
Net Assets $32,984,269
Compensation
Key Employees and Officers Compensation Related Other
Joseph J Horvath (Executive Director) $243,742 $0 $7,312
Boston Mutual Life Ins Co (Director) $0 $0 $0
Farmers New World Life Ins Co (Director) $0 $0 $0
Colonial Penn Life Ins Co (Chair) $0 $0 $0
Metropolitan Life Ins Co (Director) $0 $0 $0
Penn Mutual Life Ins Co (Secretary/Treasurer) $0 $0 $0
Nationwide Life Ins Co (Director) $0 $0 $0
Erie Family Life Ins Co (Director) $0 $0 $0
Massachusetts Mutual Life Ins Co (Director) $0 $0 $0
Aetna Health & Life Insurance Company (Vice Chair) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$479,562
Expenses
$2,900,856
Net Income
-$2,421,294
Net Assets
$31,692,134
Notable Sources of Revenue Percent of Total Revenue
Contributions $357,094
74.5%
Program Services $122,963
25.6%
Investment Income -$495
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $256,394
8.8%
Professional Fundraising Fees $0
Other Salaries and Wages $90,108
3.1%
Assets/Debt
Total Assets $31,692,134
Total Liabilities $0
Net Assets $31,692,134
Compensation
Key Employees and Officers Compensation Related Other
Joseph J Horvath (Executive Director) $256,394 $0 $7,450
Boston Mutual Life Ins Co (Director) $0 $0 $0
Farmers New World Life Ins Co (Director) $0 $0 $0
Colonial Penn Life Ins Co (Chair) $0 $0 $0
Metropolitan Life Ins Co (Director) $0 $0 $0
Penn Mutual Life Ins Co (Secretary/Treasurer) $0 $0 $0
Nationwide Life Ins Co (Director) $0 $0 $0
Erie Family Life Ins Co (Director) $0 $0 $0
Massachusetts Mutual Life Ins Co (Vice Chair) $0 $0 $0
Aetna Health & Life Insurance Company (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,632,301
Expenses
$2,271,804
Net Income
$9,360,497
Net Assets
$34,113,428
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,728,068
57.8%
Program Services $4,600,420
39.5%
Investment Income $303,813
2.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $233,758
10.3%
Professional Fundraising Fees $0
Other Salaries and Wages $105,668
4.7%
Assets/Debt
Total Assets $34,113,428
Total Liabilities $0
Net Assets $34,113,428
Compensation
Key Employees and Officers Compensation Related Other
Joseph J Horvath (Executive Director) $233,758 $0 $7,013
Boston Mutual Life Ins Co (Director) $0 $0 $0
Farmers New World Life Ins Co (Director) $0 $0 $0
Colonial Penn Life Ins Co (Chair) $0 $0 $0
Metropolitan Life Ins Co (Director) $0 $0 $0
Penn Mutual Life Ins Co (Secretary/Treasurer) $0 $0 $0
Nationwide Life Ins Co (Director) $0 $0 $0
Erie Family Life Ins Co (Director) $0 $0 $0
Massachusetts Mutual Life Ins Co (Vice Chair) $0 $0 $0
Aetna Health & Life Insurance Company (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$705,925
Expenses
$48,892,481
Net Income
-$48,186,556
Net Assets
$24,752,931
Notable Sources of Revenue Percent of Total Revenue
Contributions $192,407
27.3%
Program Services $446,911
63.3%
Investment Income $66,607
9.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $229,142
0.5%
Professional Fundraising Fees $0
Other Salaries and Wages $97,604
0.2%
Assets/Debt
Total Assets $24,752,931
Total Liabilities $0
Net Assets $24,752,931
Compensation
Key Employees and Officers Compensation Related Other
Joseph J Horvath (Executive Director) $229,142 $0 $6,874
Boston Mutual Life Ins Co (Director) $0 $0 $0
Farmers New World Life Ins Co (Director) $0 $0 $0
Colonial Penn Life Ins Co (Chair) $0 $0 $0
Metropolitan Life Ins Co (Director) $0 $0 $0
Penn Mutual Life Ins Co (Secretary/Treasurer) $0 $0 $0
Nationwide Life Ins Co (Director) $0 $0 $0
Erie Family Life Ins Co (Director) $0 $0 $0
Massachusetts Mutual Life Ins Co (Vice Chair) $0 $0 $0
Aetna Health & Life Insurance Company (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,989,099
Expenses
$38,631,743
Net Income
-$36,642,644
Net Assets
$72,939,487
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $713,845
35.9%
Investment Income $1,275,254
64.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $244,142
0.6%
Professional Fundraising Fees $0
Other Salaries and Wages $95,379
0.2%
Assets/Debt
Total Assets $72,939,487
Total Liabilities $0
Net Assets $72,939,487

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,416,686
Expenses
$6,297,132
Net Income
-$2,880,446
Net Assets
$109,582,131
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,197,415
64.3%
Investment Income $1,219,271
35.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $229,142
3.6%
Professional Fundraising Fees $0
Other Salaries and Wages $89,341
1.4%
Assets/Debt
Total Assets $109,582,131
Total Liabilities $0
Net Assets $109,582,131

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

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

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include 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 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.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file 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 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."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »