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Alaska Insurance Guaranty Association

  • Anchorage, AK
  • Tax-exempt since Nov. 1973
  • EIN: 23-7240300

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
$1.15M (2023)

Expenses
−$592k (2023)

Total Assets
$38.5M (2023)

Total Liabilities
$15.6M (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
$1,154,639
Expenses
-$592,174
Net Income
$1,746,813
Net Assets
$22,917,243
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,048,624
90.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $106,015
9.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $38,531,749
Total Liabilities $15,614,506
Net Assets $22,917,243
Compensation
Key Employees and Officers Compensation Related Other
Dana A Ferestien (Vice Chair Ak National Insurance) $0 $0 $0
Shariann Callahan (Sec/Tres State Farm Mutual Auto Ins Co) $0 $0 $0
Stacey Matteson (Chair Umialik Insurance) $0 $0 $0
Barbara Thurston (Director Public Appointee) $0 $0 $0
Jon Hedegard (Director Allstate Property And Casualty Ins Co) $0 $0 $0
Michael Smith (Director Church Mutual Ins Co) $0 $0 $0
Richard Strutz (Director Public Appointee) $0 $0 $0
Shellie Martin (Director Travelers Indemnity Co) $0 $0 $0
Steven Harris (Director National Union Fire Ins Co) $0 $0 $0
+ View more people

Document Links

990
Filed on Oct. 11, 2024

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

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$845,744
Expenses
-$1,413,011
Net Income
$2,258,755
Net Assets
$20,589,468
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $200
0.0%
Investment Income $812,733
96.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $32,811
3.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $38,418,208
Total Liabilities $17,828,740
Net Assets $20,589,468
Compensation
Key Employees and Officers Compensation Related Other
Stacey Matteson (Chair Umialik Insurance) $0 $0 $0
Dana A Ferestien (Vice Chair Ak National Insurance) $0 $0 $0
Blake Harrison (Secretary/Treasurer) $0 $0 $0
Steven Harris (Director National Union Fire Insurance) $0 $0 $0
Dawn Lempke (Director Church Mutual Insurance) $0 $0 $0
Jens Beck (Director Public Appointment) $0 $0 $0
Jon Hedegard (Director Allstate Property Casualty Insurance) $0 $0 $0
Shellie Martin (Director Travelers Indemnity Company) $0 $0 $0
Richard Strutz (Director Public Appointment) $0 $0 $0
+ View more people

Document Links

990
Filed on Oct. 25, 2023

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

View Filing
XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,346,403
Expenses
$1,326,307
Net Income
$20,096
Net Assets
$20,002,413
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $91,990
6.8%
Investment Income $628,676
46.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $625,737
46.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $41,497,822
Total Liabilities $21,495,409
Net Assets $20,002,413
Compensation
Key Employees and Officers Compensation Related Other
Stacey Matteson (Chair Umialik Insurance Company) $0 $0 $0
Dana A Ferestien (Vice Chair Alaska National Insurance) $0 $0 $0
Jeff Mouck (Past Vice Chair Alaska National Insurance) $0 $0 $0
Bradford Partington (Secretary/Treasurer State Farm Mutual Automobile) $0 $0 $0
Kelly Ryan (Director National Union Fire Insurance) $0 $0 $0
Dawn Lempke (Director Church Mutual Insurance Co) $0 $0 $0
Jens Beck (Director Public Appointment) $0 $0 $0
Jon Hedegard (Director Allstate Property And Casualty Insuranc) $0 $0 $0
Shellie Martin (Director Travelers Indemnity Company) $0 $0 $0
Richard Strutz (Director Public Appointment) $0 $0 $0
+ View more people

Document Links

990
Filed on Sept. 26, 2022

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

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,381,485
Expenses
$2,103,214
Net Income
-$721,729
Net Assets
$20,320,896
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $594,707
43.0%
Investment Income $691,081
50.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $95,697
6.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $42,636,781
Total Liabilities $22,315,885
Net Assets $20,320,896
Compensation
Key Employees and Officers Compensation Related Other
Stacey Matteson (Chair Umialik Insurance Company) $0 $0 $0
Jeff Mouck (Vice Chair Alaska National Insurance) $0 $0 $0
Bradford Partington (Secretary/Treasurer State Farm) $0 $0 $0
Kelly Ryan (Director Nat'l Union Fire Insurance) $0 $0 $0
Dawn Lempke (Director Church Mutual Insurance) $0 $0 $0
Jens Beck (Director Public Appointment) $0 $0 $0
Jon Hedegard (Director Allstate Insurance) $0 $0 $0
Shellie Martin (Director Travelers Indemnity Co) $0 $0 $0
Richard Strutz (Director Public Appointment) $0 $0 $0
+ View more people

Document Links

990
Filed on Sept. 1, 2021

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,660,881
Expenses
-$1,796,740
Net Income
$9,457,621
Net Assets
$20,817,753
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,772,037
23.1%
Investment Income $909,231
11.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,979,613
65.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $44,483,067
Total Liabilities $23,665,314
Net Assets $20,817,753
Compensation
Key Employees and Officers Compensation Related Other
Richard Suddock (Chairman Alaska National Insurance) $0 $0 $0
Stacey Matteson (Vice Chair Umialik Insurance) $0 $0 $0
Bradford Partington (Secretary/Treasurer State Farm) $0 $0 $0
Kelly Ryan (Director Nat'l Union Fire Insurance) $0 $0 $0
Dawn Lempke (Director Church Mutual Insurance) $0 $0 $0
Jens Beck (Director Public Appointment) $0 $0 $0
Jon Hedegard (Director Allstate Insurance) $0 $0 $0
Ashley Willard (Director Travelers Indemnity Co) $0 $0 $0
Richard Strutz (Director Public Appointment) $0 $0 $0
+ View more people

Document Links

990
Filed on Aug. 14, 2020

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,630,016
Expenses
-$397,659
Net Income
$9,027,675
Net Assets
$11,013,878
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,515,215
63.9%
Investment Income $469,189
5.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,645,612
30.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $40,507,062
Total Liabilities $29,493,184
Net Assets $11,013,878
Compensation
Key Employees and Officers Compensation Related Other
Stacey Matteson Umialik (Insurance Director) $0 $0 $0
Jon Hedegard Allstate (Insturance Director) $0 $0 $0
Richard Suddock Alaska (National Chairman) $0 $0 $0
Richard Strutz Public (Appointment Director) $0 $0 $0
Jens Beck Public Appointment (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Sept. 6, 2019

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,058,717
Expenses
$6,709,027
Net Income
$1,349,690
Net Assets
$1,986,203
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,000,007
74.5%
Investment Income $106,686
1.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,952,024
24.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $37,086,104
Total Liabilities $35,099,901
Net Assets $1,986,203

Document Links

990

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

PDF
PDF (2 of 2)

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,527,989
Expenses
$3,298,492
Net Income
$3,229,497
Net Assets
$472,306
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,334,837
97.0%
Investment Income $165,639
2.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $27,513
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $35,043,034
Total Liabilities $34,570,728
Net Assets $472,306

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,890,163
Expenses
$1,347,699
Net Income
$5,542,464
Net Assets
-$2,863,560
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,917,331
85.9%
Investment Income $187,259
2.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $785,573
11.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $33,248,349
Total Liabilities $36,111,909
Net Assets -$2,863,560

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,779,778
Expenses
-$3,263,557
Net Income
$13,043,335
Net Assets
-$8,504,420
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $6,366,695
65.1%
Investment Income -$43,290
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,456,373
35.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $32,095,808
Total Liabilities $40,600,228
Net Assets -$8,504,420

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,074,136
Expenses
$12,225,422
Net Income
-$6,151,286
Net Assets
-$21,680,664
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,064,874
50.5%
Investment Income -$428,494
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,437,756
56.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $27,523,205
Total Liabilities $49,203,869
Net Assets -$21,680,664

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,563,504
Expenses
$2,566,548
Net Income
$1,996,956
Net Assets
-$15,931,389
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,600,534
35.1%
Investment Income $360,542
7.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,602,428
57.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $26,069,087
Total Liabilities $42,000,476
Net Assets -$15,931,389

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,897,491
Expenses
$49,159,339
Net Income
-$46,261,848
Net Assets
-$18,019,043
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,498,308
51.7%
Investment Income $257,962
8.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,141,221
39.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $25,629,453
Total Liabilities $43,648,496
Net Assets -$18,019,043

Document Links

990

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

PDF

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

990

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

PDF

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

990

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

PDF

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

990

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

PDF

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

990

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

PDF

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

990

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

PDF

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

990

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

PDF

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

990

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

PDF

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 »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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