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Guaranty Association Benefits Company

Trade
DBA: % LYNDA G LOOMIS
Trade Association · WASHINGTON, DC · EIN 45-3635388

About

The organization operates to protect, in accordance with a court-approved liquidation plan, individuals relying UPON annuities issued by insolvent executive life insurance company of new YORK, in furtherance of the common interests of the state guaranty associations and their members.

In care of Lynda G Loomis

Donations are NOT tax-deductible
Category
Trade Association
Employees
0
Volunteers
0

Financial Snapshot

FY ending 2024-12-31
Revenue
$57.7M
Expenses
$46.0M
Assets
$1.3B
Liabilities
$1.1B

Financial history

$69.1M$34.5M$0
161718192021222324
RevenueExpenses
Latest FY2024: $57.7M · Peak FY2016: $66.6M · Avg: $61.1M
GUARANTY ASSOCIATION BENEFITS COMPANY
Your actions

Address

Faegre Drinker 1500 K ST NW 1100
Washington, DC, 20005-000

Governance

Voting board members7
Independent members7
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.