South Carolina Life and Accident and Health Insurance Guaranty Association


South Carolina Life and Accident and Health Insurance Guaranty Association

South Carolina Life and Accident and Health Insurance Guaranty Association is an association of insurance companies that are licensed to sell life insurance, health insurance and annuities in South Carolina. It seeks to fulfill their statutory obligations by providing continued protection for policyholders.

Organization Type:
State or Regional Association
Acronym:
SCLAHIGA
Tax Exempt Status:
501(c)(6)
Industry:
Insurance Industry
Year Founded:
1972
Address:
P.O. Box 8625
Columbia, SC 29202
Telephone:
Fax:
Staff:
1


Financial Snapshot

 

Total revenues: $7,318,440


Year - 2018
1st-yr growth
222.25%
 
 
 
 
 
Year by Year
Revenue
 
Program service revenue
 
Investment income

Total expenses: $2,706,542


Year - 2018
1st-yr growth
10.30%
 
 
 
 
 
Year by Year
Expenses
 
Other expenses
 
Management fees
 
Legal fees
 
Other

Total assets: $23,948,753


Year - 2018
1st-yr growth
23.85%
 
 
 
 
 
Year by Year
Assets
 
Investments in publicly traded securities
 
Cash -- non-interest bearing

Total Liabilities: $0


Year - 2018
1st-yr growth
0%
 
 
 
 
 
Year by Year
Liabilities

This association reports using a management firm on their 990 tax documents.

   Revenue:

Revenue: Amount ($)
Program service revenue 7,092,255
Investment income 226,185
Royalties 0
Sales of non-inventory assets 0
Net rental income 0
Miscellaneous revenue 0
Gaming income 0
Tax-exempt bond proceeds 0
Fundraising income 0
Total contributions 0
Income from sales of inventory 0
Total Revenue:

$7,318,440

1-yr growth
222.25%
Program service revenue
Investment income

   Expenses:

Expenses: Amount ($)
Other expenses 2,418,005
Management fees 178,250
Legal fees 41,107
Conferences, conventions, meetings 19,151
Travel 18,463
Other fees 17,073
Accounting fees 9,200
Office expenses 3,750
Insurance 1,543
Travel/entertainment expenses to public officials 0
Information technology 0
Royalties 0
Occupancy 0
Interest expense 0
Payments to affiliates 0
Depreciation, depletion, amortization 0
Lobbying fees 0
Professional fundraising fees 0
Investment management fees 0
Advertising and promotion 0
Grants to governments/orgs in the US 0
Grants to individuals in the US 0
Grants to orgs and individuals outside the US 0
Benefits paid to or for members 0
Compensation of current officers, directors, etc 0
Compensation of disqualified persons 0
Compensation for non-officers/directors 0
Pension plan contributions 0
Other employee benefits 0
Payroll taxes 0
Total Expenses:

$2,706,542

1-yr growth
10.30%
Other expenses
Management fees
Legal fees
Conferences, conventions, meetings
Travel
Other fees
Accounting fees
Office expenses
Insurance

   Assets:

Assets: Amount ($)
Investments in publicly traded securities 22,667,308
Cash -- non-interest bearing 1,281,445
Accounts receivable 0
Prepaid expenses or deferred charges 0
Inventories for sale or use 0
Investments in other securities 0
Savings and temporary cash investments 0
Receivables from officers, directors, etc. 0
Receivables from disqualified persons 0
Notes and loans receivables 0
Program-related investments 0
Intangible assets 0
Other assets 0
Pledges and grants receivable 0
Land, buildings, & equipment (net) 0
Total Assets:

$23,948,753

1-yr growth
23.85%
Investments in publicly traded securities
Cash -- non-interest bearing

   Liabilities:

Liabilities: Amount ($)
Grants payable 0
Accounts payable and accrued expenses 0
Other liabilities 0
Deferred revenue 0
Tax-exempt bond liabilities 0
Escrow or custodial account liability 0
Loans and other payables to officers, directors, etc. 0
Secured mortgages and notes payabl 0
Unsecured mortgages and notes payable 0
Total Liabilities:

$0

1-yr growth
0%

   Net Assets:

Net Assets: Amount ($)
Unrestricted net assets 0
Temporarily restricted net assets 0
Permanently restricted net assets 0
Total Net Assets:

$0

1-yr growth
0%

Key Staff

  
Name Ascending
Title 
Function 
Add Prospect 
Andrea H. Bowers Administrator Administration ...X

Meetings/Conferences

Year Descending
Name 
Location 
Facility 
From 
To 
Attendance 
Exhibitors 
Facility Amenities 
  This organization has no meetings information available.
 

Publications

Name 
Frequency 
Advertising 
  This organization has no publication data available.
 

Recent Lobbying Spending

Source: Lobbying Disclosure Electronic Filings, Office of the Clerk, U.S House of Representatives.

2019 Q4: $0
2019 Q3: $0
2019 Q2: $0
2019 Q1: $0
2018: $0


PAC Details

Name: -



FEC ID: -



Last updated: -


PAC Contributions

(-)

Outside Representation

Firm Name Ascending
Reg/ Term 
Date 
  This organization has no outside representation data available.
 

Legislative Issue Focus

Source: Lobbying Disclosure Electronic Filings, Office of the Clerk, U.S House of Representatives.

This organization has no legislative issue data available.

Active Legislation

This organization has no active legislation data available.

Contractors

Contractor Ascending
Service Category 
Reported Year Descending
Reported Compensation 
ANDREA BOWERS EXECUTIVE DIRECTOR2017 $173,250 ...X

***Disclaimer: This information has been sourced from a combination of the IRS Forms 990, 5500, and the Federal Audit Clearinghouse



 
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