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Louisiana 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
$287M (2022)

Expenses
$462M (2022)

Total Assets
$508M (2022)

Total Liabilities
$600M (2022)

Source: Form 990 tax filings from 2011 to 2022

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.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$286,761,854
Expenses
$462,470,125
Net Income
-$175,708,271
Net Assets
-$91,569,747
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $262,492,882
91.5%
Investment Income $1,260,799
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $540,148
0.2%
Net Inventory Sales $0
Other Revenue $22,468,025
7.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $295,483
0.1%
Professional Fundraising Fees $0
Other Salaries and Wages $1,305,425
0.3%
Assets/Debt
Total Assets $508,430,962
Total Liabilities $600,000,709
Net Assets -$91,569,747
Compensation
Key Employees and Officers Compensation Related Other
John Wells (Liga Director) $269,675 $0 $25,808
Deidre Arceneaux (Claims Manager) $183,683 $0 $10,994
Malcolm Twiner (Sr. Claim Examiner) $111,135 $0 $22,932
Ken Mann (Sr. Claim Examiner) $110,431 $0 $6,181
Cindy Betz (Director) $0 $0 $0
Cullen Clark (Director) $0 $0 $0
Denis Husers (Director) $0 $0 $0
Jennifer Wise (Director) $0 $0 $0
John Hawie (Treasurer) $0 $0 $0
Markham R Mcknight (Director) $0 $0 $0
Michael T Gray (Chair) $0 $0 $0
Noel J Bunol Iv (Director) $0 $0 $0
Stephen Schrempp (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,540,897
Expenses
$78,212,431
Net Income
-$63,671,534
Net Assets
$84,139,899
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,888,782
68.0%
Investment Income $3,179,936
21.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,472,179
10.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $191,240
0.2%
Professional Fundraising Fees $0
Other Salaries and Wages $997,778
1.3%
Assets/Debt
Total Assets $107,866,753
Total Liabilities $23,726,854
Net Assets $84,139,899
Compensation
Key Employees and Officers Compensation Related Other
John Wells (Liga Director) $191,240 $0 $19,845
Deidre Arceneaux (Claims Manager) $130,972 $0 $8,114
Malcolm Twiner (Senior Claims Examiner) $106,476 $0 $22,629
Cindy Betz (Director) $0 $0 $0
Cullen Clark (Director) $0 $0 $0
Denis Husers (Director) $0 $0 $0
Jennifer Wise (Director) $0 $0 $0
John Hawie (Treasurer) $0 $0 $0
Markham R Mcknight (Director) $0 $0 $0
Michael T Gray (Chair) $0 $0 $0
Noel J Bunol Iv (Director) $0 $0 $0
Stephen Schrempp (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,337,133
Expenses
$8,714,841
Net Income
$1,622,292
Net Assets
$147,811,398
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $2,998,803
29.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$91,357
Net Inventory Sales $0
Other Revenue $7,429,687
71.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $176,665
2.0%
Professional Fundraising Fees $0
Other Salaries and Wages $758,064
8.7%
Assets/Debt
Total Assets $147,811,398
Total Liabilities $0
Net Assets $147,811,398
Compensation
Key Employees and Officers Compensation Related Other
John Wells (Liga Director) $176,665 $0 $18,887
Deidre Arceneaux (Claims Manager) $122,701 $0 $7,813
Malcolm Twiner (Director) $101,973 $0 $22,266
John Hawie (Treasurer) $0 $0 $0
Denis Husers (Director) $0 $0 $0
Markham R Mcknight (Director) $0 $0 $0
Michael T Gray (Chair) $0 $0 $0
Noel J Bunol Iv (Director) $0 $0 $0
Cindy Betz (Director) $0 $0 $0
Stephen Schrempp (Secretary) $0 $0 $0
Jennifer Wise (Director) $0 $0 $0
Cullen Clark (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,074,522
Expenses
$10,171,713
Net Income
-$2,097,191
Net Assets
$146,189,237
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $2,671,120
33.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$161,458
Net Inventory Sales $0
Other Revenue $5,564,860
68.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $175,450
1.7%
Professional Fundraising Fees $0
Other Salaries and Wages $725,753
7.1%
Assets/Debt
Total Assets $146,301,870
Total Liabilities $112,633
Net Assets $146,189,237
Compensation
Key Employees and Officers Compensation Related Other
John Wells (Liga Director) $175,450 $0 $18,753
Deidre Arceneaux (Claims Manager) $115,885 $0 $3,185
John Hawie (Director) $0 $0 $0
Denis Husers (Director) $0 $0 $0
Tom Mccormick (Director) $0 $0 $0
Markham R Mcknight (Bd Treasurer) $0 $0 $0
Michael T Gray (Bd Chariman) $0 $0 $0
William D Hughes Iii (Director) $0 $0 $0
Noel J Bunol Iv (Director) $0 $0 $0
Cindy Betz (Director) $0 $0 $0
Stephen Schrempp (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$18,965,221
Expenses
$13,525,144
Net Income
$5,440,077
Net Assets
$148,286,729
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $2,329,516
12.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$2,157,291
Net Inventory Sales $0
Other Revenue $18,792,996
99.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $160,729
1.2%
Professional Fundraising Fees $0
Other Salaries and Wages $732,008
5.4%
Assets/Debt
Total Assets $148,286,729
Total Liabilities $0
Net Assets $148,286,729
Compensation
Key Employees and Officers Compensation Related Other
John Wells (Liga Director) $160,729 $0 $17,805
Gerry Coryell (Claims Manager) $110,034 $0 $7,179
John Hawie (Director) $0 $0 $0
Denis Husers (Director) $0 $0 $0
Tom Mccormick (Director) $0 $0 $0
Markham R Mcknight (Bd Treasurer) $0 $0 $0
Michael T Gray (Bd Chariman) $0 $0 $0
William D Hughes Iii (Director) $0 $0 $0
Noel J Bunol Iv (Director) $0 $0 $0
Cindy Betz (Director) $0 $0 $0
Stephen Schrempp (Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$16,422,423
Expenses
$17,664,408
Net Income
-$1,241,985
Net Assets
$142,846,179
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $2,509,255
15.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$3,529,117
Net Inventory Sales $0
Other Revenue $17,442,285
> 100%
Notable Expenses Percent of Total Expenses
Executive Compensation $134,312
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $573,690
3.2%
Assets/Debt
Total Assets $142,846,179
Total Liabilities $0
Net Assets $142,846,179
Compensation
Key Employees and Officers Compensation Related Other
John Wells (Liga Director) $134,312 $0 $16,142
Gerry Coryell (Claims Manager) $112,498 $0 $7,336
John Hawie (Director) $0 $0 $0
Denis Husers (Director) $0 $0 $0
Tom Mccormick (Director) $0 $0 $0
Markham R Mcknight (Bd Treasurer) $0 $0 $0
Michael T Gray (Bd Chariman) $0 $0 $0
Wayne T Roussel (Secretary) $0 $0 $0
William D Hughes Iii (Director) $0 $0 $0
Noel J Bunol Iv (Director) $0 $0 $0
Bill Gourgues (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,838,991
Expenses
$12,718,006
Net Income
-$4,879,015
Net Assets
$144,089,695
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $3,236,306
41.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$3,396,216
Net Inventory Sales $0
Other Revenue $7,998,901
> 100%
Notable Expenses Percent of Total Expenses
Executive Compensation $145,000
1.1%
Professional Fundraising Fees $0
Other Salaries and Wages $600,307
4.7%
Assets/Debt
Total Assets $144,089,695
Total Liabilities $0
Net Assets $144,089,695
Compensation
Key Employees and Officers Compensation Related Other
John Wells (Liga Director) $145,000 $0 $14,567
Gerry Coryell (Claims Manager) $109,600 $0 $7,142
Kristin Wall (Director) $0 $0 $0
Denis Husers (Director) $0 $0 $0
Keith Thompson (Director) $0 $0 $0
Markham R Mcknight (Bd Treasurer) $0 $0 $0
Michael T Gray (Bd Chariman) $0 $0 $0
Wayne T Roussel (Secretary) $0 $0 $0
William D Hughes Iii (Director) $0 $0 $0
J E Brignac Jr (Director) $0 $0 $0
Bill Gourgues (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,420,579
Expenses
$85,587,002
Net Income
-$81,166,423
Net Assets
$148,940,373
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $4,761,269
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$2,467,052
Net Inventory Sales $0
Other Revenue $2,126,362
48.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $314,161
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $506,586
0.6%
Assets/Debt
Total Assets $148,940,373
Total Liabilities $0
Net Assets $148,940,373
Compensation
Key Employees and Officers Compensation Related Other
John Wells (Liga Director) $145,596 $0 $13,826
Gary Coryell (Liga Director) $111,059 $0 $6,948
Norman Reese (Liga Director) $34,600 $0 $2,134
Kristin Wall (Director) $0 $0 $0
Denis Husers (Director) $0 $0 $0
Keith Thompson (Director) $0 $0 $0
Markham R Mcknight (Bd Treasurer) $0 $0 $0
Michael T Gray (Bd Chariman) $0 $0 $0
Wayne T Roussel (Secretary) $0 $0 $0
William D Hughes Iii (Director) $0 $0 $0
J E Brignac Jr (Director) $0 $0 $0
Bill Gourgues (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$12,734,440
Expenses
$11,261,267
Net Income
$1,473,173
Net Assets
$230,130,309
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $5,767,243
45.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$2,761,775
Net Inventory Sales $0
Other Revenue $9,728,972
76.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $266,039
2.4%
Professional Fundraising Fees $0
Other Salaries and Wages $494,393
4.4%
Assets/Debt
Total Assets $230,210,674
Total Liabilities $80,365
Net Assets $230,130,309
Compensation
Key Employees and Officers Compensation Related Other
John Wells (Liga Director) $126,500 $0 $11,274
Norman Reese (Liga Director) $120,750 $0 $7,515
Kristin Wall (Director) $0 $0 $0
David A Ross (Director) $0 $0 $0
Denis Husers (Director) $0 $0 $0
Keith Thompson (Director) $0 $0 $0
Markham Mcknight (Bd Treasurer) $0 $0 $0
Michael R Gray (Bd Chariman) $0 $0 $0
Wayne T Roussel (Secretary) $0 $0 $0
William D Hughes Iii (Director) $0 $0 $0
J E Brignac Jr (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,637,443
Expenses
$11,099,219
Net Income
-$5,461,776
Net Assets
$228,661,131
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $6,712,854
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$2,561,349
Net Inventory Sales $0
Other Revenue $1,485,938
26.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $239,955
2.2%
Professional Fundraising Fees $0
Other Salaries and Wages $507,867
4.6%
Assets/Debt
Total Assets $228,661,131
Total Liabilities $0
Net Assets $228,661,131
Compensation
Key Employees and Officers Compensation Related Other
John Wells (Liga Director) $114,654 $0 $10,386
Norman Reese (Liga Director) $109,442 $0 $5,472
Kristin Wall (Director) $0 $0 $0
David A Ross (Director) $0 $0 $0
Denis Husers (Director) $0 $0 $0
Keith Thompson (Director) $0 $0 $0
Markham Mcknight (Bd Treasurer) $0 $0 $0
Michael R Gray (Bd Chariman) $0 $0 $0
Wayne T Roussel (Secretary) $0 $0 $0
William D Hughes Iii (Director) $0 $0 $0
J E Brignac Jr (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,129,417
Expenses
$8,967,050
Net Income
$1,162,367
Net Assets
$234,123,424
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $7,633,251
75.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$2,254,005
Net Inventory Sales $0
Other Revenue $4,750,171
46.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $229,041
2.6%
Professional Fundraising Fees $0
Other Salaries and Wages $414,187
4.6%
Assets/Debt
Total Assets $234,425,929
Total Liabilities $302,505
Net Assets $234,123,424

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$24,059,186
Expenses
$6,747,268
Net Income
$17,311,918
Net Assets
$232,960,844
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $8,059,162
33.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$908,644
Net Inventory Sales $0
Other Revenue $16,908,668
70.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $228,570
3.4%
Professional Fundraising Fees $0
Other Salaries and Wages $433,506
6.4%
Assets/Debt
Total Assets $232,960,844
Total Liabilities $0
Net Assets $232,960,844

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.
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.

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