Connecticut Insurance Guaranty Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 10,319,353 | 7,355,396 | 2,963,957 | 104.1 | 0% |
| 2012 | 26,309,004 | 17,248,980 | 9,060,024 | 50.7 | 0% |
| 2013 | 18,584,442 | 9,442,715 | 9,141,727 | 104.2 | 0% |
| 2014 | 21,004,346 | 13,407,996 | 7,596,350 | 80.2 | 0% |
| 2015 | 34,375,723 | 9,831,148 | 24,544,575 | 139.3 | 0% |
| 2016 | 12,854,396 | 15,873,881 | −3,019,485 | 84.0 | 0% |
| 2017 | 15,773,110 | 9,794,113 | 5,978,997 | 143.5 | 0% |
| 2018 | 15,559,130 | 8,730,654 | 6,828,476 | 170.3 | 0% |
| 2019 | 25,217,594 | 8,446,226 | 16,771,368 | 199.9 | 0% |
| 2020 | 8,953,873 | 19,538,942 | −10,585,069 | 79.9 | 0% |
| 2021 | 6,299,722 | 22,360,864 | −16,061,142 | 61.2 | 0% |
| 2022 | 10,278,713 | 19,221,547 | −8,942,834 | 65.6 | 0% |
| 2023 | 5,648,164 | 9,857,251 | −4,209,087 | 122.8 | 0% |
In its most recent public year (2023), this organization spent $4,209,087 more than it brought in. Its reserves stood at about 122.8 months of spending, up from 104.1 in 2011. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Connecticut Insurance Guaranty Association's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works