Civic Intelligence

Montana Insurance Guaranty Association

EIN 23-7334849 • 501(c)6 • Denver, CO

Profile

Protect citizens of Montana by paying policy holder claims of insolvent property and casualty insurance companies which wrote business in Montana.

1873 So Bellaire St Ste 920Denver, CO 80222

www.mtiga.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

4th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

5th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Net Margin

2nd percentile

-73%

Higher net margin than 2% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

8th percentile

$0

Higher top officer pay than 8% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Asset Growth

8th percentile

-9.6%

Faster asset growth than 8% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

4th percentile

-26%

Faster revenue growth than 4% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets4th percentile

Assets

Down

$14,368,972

Down $1,533,877 (-9.6%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$14,368,972

Down $1,533,877 (-9.6%) from 2023

Operations
Liabilities / Revenue5th percentileNet Margin2nd percentile

Revenue

Down

$2,089,156

Down $748,049 (-26%) from 2023

Expenses

Up

$3,623,033

Up $1,602,100 (+79%) from 2023

Net Income

Down

-$1,533,877

Down $2,350,149 (-288%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth8th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2010: $15,766,444Liabilities 2010: $0Net Assets 2010: $15,766,4442010Assets 2011: $15,560,249Liabilities 2011: $0Net Assets 2011: $15,560,2492011Assets 2012: $20,443,409Liabilities 2012: $0Net Assets 2012: $20,443,4092012Assets 2013: $20,701,910Liabilities 2013: $0Net Assets 2013: $20,701,9102013Assets 2014: $20,966,815Liabilities 2014: $0Net Assets 2014: $20,966,8152014Assets 2015: $19,604,439Liabilities 2015: $0Net Assets 2015: $19,604,4392015Assets 2016: $17,434,382Liabilities 2016: $0Net Assets 2016: $17,434,3822016Assets 2017: $16,620,368Liabilities 2017: $0Net Assets 2017: $16,620,3682017Assets 2018: $16,128,564Liabilities 2018: $0Net Assets 2018: $16,128,5642018Assets 2019: $17,531,388Liabilities 2019: $0Net Assets 2019: $17,531,3882019Assets 2020: $16,745,514Liabilities 2020: $0Net Assets 2020: $16,745,5142020Assets 2021: $15,767,716Liabilities 2021: $0Net Assets 2021: $15,767,7162021Assets 2022: $15,086,577Liabilities 2022: $0Net Assets 2022: $15,086,5772022Assets 2023: $15,902,849Liabilities 2023: $0Net Assets 2023: $15,902,8492023Assets 2024: $14,368,972Liabilities 2024: $0Net Assets 2024: $14,368,9722024

Highlighted filing

2024

Assets$14,368,972
Liabilities$0
Net Assets$14,368,972
Open 2024 Filing

Operations Trend

Revenue Growth4th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2010: $3,754,3672010Expenses 2011: $3,207,9022011Expenses 2012: $4,183,4052012Revenue 2013: $3,681,663Expenses 2013: $3,423,162Net Income 2013: $258,5012013Revenue 2014: $2,418,012Expenses 2014: $2,153,107Net Income 2014: $264,9052014Revenue 2015: $1,115,567Expenses 2015: $2,477,943Net Income 2015: -$1,362,3762015Revenue 2016: $979,928Expenses 2016: $3,149,985Net Income 2016: -$2,170,0572016Revenue 2017: $949,055Expenses 2017: $1,763,069Net Income 2017: -$814,0142017Revenue 2018: $1,361,481Expenses 2018: $1,853,285Net Income 2018: -$491,8042018Revenue 2019: $3,413,974Expenses 2019: $2,011,150Net Income 2019: $1,402,8242019Revenue 2020: $568,344Expenses 2020: $1,354,218Net Income 2020: -$785,8742020Revenue 2021: $332,437Expenses 2021: $1,310,235Net Income 2021: -$977,7982021Revenue 2022: $427,346Expenses 2022: $1,108,485Net Income 2022: -$681,1392022Revenue 2023: $2,837,205Expenses 2023: $2,020,933Net Income 2023: $816,2722023Revenue 2024: $2,089,156Expenses 2024: $3,623,033Net Income 2024: -$1,533,8772024

Highlighted filing

2024

Revenue$2,089,156
Expenses$3,623,033
Net Income-$1,533,877
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,368,972
Liabilities
$0
Net assets
$14,368,972
Revenue
$2,089,156
Expenses
$3,623,033
Net income
-$1,533,877
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$14.4$0.00$14.4$2.09$3.62$1.53
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.9$0.00$15.9$2.84$2.02$0.82
2022Detailed filing. Detailed filing data is available for this year.$15.1$0.00$15.1$0.43$1.11$0.68
2021Detailed filing. Detailed filing data is available for this year.$15.8$0.00$15.8$0.33$1.31$0.98
2020Detailed filing. Detailed filing data is available for this year.$16.7$0.00$16.7$0.57$1.35$0.79
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.5$0.00$17.5$3.41$2.01$1.40
2018Detailed filing. Detailed filing data is available for this year.$16.1$0.00$16.1$1.36$1.85$0.49
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.6$0.00$16.6$0.95$1.76$0.81
2016Detailed filing. Detailed filing data is available for this year.$17.4$0.00$17.4$0.98$3.15$2.17
2015Detailed filing. Detailed filing data is available for this year.$19.6$0.00$19.6$1.12$2.48$1.36
2014Detailed filing. Detailed filing data is available for this year.$21.0$0.00$21.0$2.42$2.15$0.26
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.7$0.00$20.7$3.68$3.42$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.4$0.00$20.4$4.18
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.6$0.00$15.6$3.21
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.8$0.00$15.8$3.75
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 30, 2025
Return Version
2024v5.0
Gross Receipts
$2,089,156
Mission and Program Overview

Mission

Protect citizens of Montana by paying policy holder claims of insolvent property and casualty insurance companies which wrote business in Montana.

To efficiently pay covered claims of policyholders and claimants of insolvent property and casualty insurers according to Montana's guaranty act in cooperation with regulators and receivers, while responsibly managing the funds of the association.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$15,602,849$14,068,972▼ $1,533,877
Cash and Non-Interest-Bearing Accounts$250,000$250,000→ $0
Accounts Receivable$50,000$50,000→ $0
Total Assets$15,902,849$14,368,972▼ $1,533,877
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$15,902,849$14,368,972▼ $1,533,877
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$15,902,849$14,368,972▼ $1,533,877
Total Liabilities and Net Assets / Fund Balance$15,902,849$14,368,972▼ $1,533,877
Compensation and Service Providers
Top Officer Pay8th percentile

Board Members and Trustees

NameTitle
Scott Tuxbury Public RepresentativeBoard Chair
Andrew Brekke Public RepresentativeBoard Vice Chair
-Board Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Corvel Healthcare CorporationMedicalPO Box 991964, Denver, CO 80291-1964$169,908
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,540,791
Investment Income
$548,365
Other Revenue
$0
Change in Net Assets
$-1,533,877
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,623,033
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$957,714$0$0$957,714
Total Functional Expenses$3,623,033$0$0$3,623,033
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Montana Insurance Guaranty Association's management duties are conducted by Western Guaranty Fund Services, a 501(c)6 organization created to provide accounting, administration and management for seven property and casualty insurance guaranty associations.”

Form 990, Part VI, Section A, Line 6

“Montana Insurance Guaranty Association's members are licensed property and casualty insurance companies which write insurance covered under the Montana Insurance Guaranty Association Act.”

Form 990, Part VI, Section A, Line 7A

“Members of the governing board of directors are elected by insurance companies that are members of the Montana Insurance Guaranty Association.”

Form 990, Part VI, Section A, Line 7B

“Changes to members of the board of directors and the plan of operation must be approved by the Commissioner of Insurance in Montana. The association is also subject to the commissioner's examination and regulation.”

Form 990, Part VI, Section B, Line 11B

“Montana Insurance Guaranty Association's form 990 was prepared by Western Guaranty Fund Services and was emailed to the board of directors for review prior to filing.”

Form 990, Part VI, Section B, Line 12C

“At the beginning of every board meeting, members of the board are reminded about the potential for conflicts of interest and given the opportunity to discuss any conflicts. On an annual basis, board members are asked to sign that they understand and comply with the conflict-of-interest policy.”

Form 990, Part VI, Section C, Line 19

“Montana Insurance Guaranty Association's governing documentation and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Montana Insurance Guaranty Association
EIN
23-7334849
Phone
3037595066
Address
1873 So Bellaire St Ste 920, Denver, CO 80222

Signing Officer

Name
Chad Anderson
Title
President-WGFS
Phone
3037595066
Signed
2025-05-30

Organization Details

Principal Officer
Chad Anderson
Formed
1971
Legal Domicile
Mt
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0
Raw XML Appendix345 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd01
IRS990/AccountsReceivableGrp/BOYAmt050000
IRS990/AccountsReceivableGrp/EOYAmt050000
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0To efficiently pay covered claims of policyholders and claimants of insolvent property and casualty insurers according to Montana's guaranty act in cooperation with regulators and receivers, while responsibly managing the funds of the association.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Western Guaranty Fund Services
IRS990/BooksInCareOfDetail/PhoneNum03037595066
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01873 South Bellaire Street
IRS990/BooksInCareOfDetail/USAddress/AddressLine2Txt0Suite 920
IRS990/BooksInCareOfDetail/USAddress/CityNm0Denver
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
IRS990/BooksInCareOfDetail/USAddress/ZIPCd080222
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0250000
IRS990/CashNonInterestBearingGrp/EOYAmt0250000
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0169908
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0PO Box 991964
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Denver
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0CO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd0802911964
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0Corvel Healthcare Corporation
IRS990/ContractorCompensationGrp/ServicesDesc0Medical
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0548365
IRS990/CYOtherExpensesAmt03623033
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01540791
IRS990/CYRevenuesLessExpensesAmt0-1533877
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt03623033
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02089156
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/Desc0Montana Insurance Guaranty Association reviewed over 120 claim files in 2024 and had 114 claims pending at year end. Over 1,600 checks were issued to claimants and providers during 2024.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonatedServicesAndUseFcltsAmt00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt00
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/ExpenseAmt03623033
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt0Farmers Union Mutual rep Kerri Bekker
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt1Mountain West Farm Bureau rep Ruben Dominguez
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt2Farmers Insurance rep Kim Decker
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt3Liberty Mutual rep Brenda Miller
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt4State Farm Insurance rep David Jensen
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0Scott Tuxbury Public Representative
IRS990/Form990PartVIISectionAGrp/PersonNm1Andrew Brekke Public Representative
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0Board Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01971
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02089156
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0548365
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0548365
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt029
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MT
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0To efficiently pay covered claims of policyholders and claimants of insolvent property and casualty insurers according to Montana's guaranty act in cooperation with regulators and receivers, while responsibly managing the funds of the association.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt015902849
IRS990/NetAssetsOrFundBalancesEOYAmt014368972
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt015902849
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt014368972
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Premium refunds
IRS990/OtherExpensesGrp/Desc1Claim Losses
IRS990/OtherExpensesGrp/Desc2Loss Adjusting Expenses
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt02172
IRS990/OtherExpensesGrp/ProgramServicesAmt12663147
IRS990/OtherExpensesGrp/ProgramServicesAmt2957714
IRS990/OtherExpensesGrp/TotalAmt02172
IRS990/OtherExpensesGrp/TotalAmt12663147
IRS990/OtherExpensesGrp/TotalAmt2957714
IRS990/OtherRevenueTotalAmt00
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Chad Anderson
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0524298
IRS990/ProgramServiceRevenueGrp/BusinessCd1524298
IRS990/ProgramServiceRevenueGrp/Desc0Member Assessments
IRS990/ProgramServiceRevenueGrp/Desc1Claim Recoveries
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0976898
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1563893
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0976898
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1563893
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0412563
IRS990/PYOtherExpensesAmt02020933
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02424642
IRS990/PYRevenuesLessExpensesAmt0816272
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt02020933
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02837205
IRS990/ReconcilationRevenueExpnssAmt0-1533877
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01540791
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt015602849
IRS990/SavingsAndTempCashInvstGrp/EOYAmt014068972
IRS990/ScheduleBRequiredInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Montana Insurance Guaranty Association's management duties are conducted by Western Guaranty Fund Services, a 501(c)6 organization created to provide accounting, administration and management for seven property and casualty insurance guaranty associations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Montana Insurance Guaranty Association's members are licensed property and casualty insurance companies which write insurance covered under the Montana Insurance Guaranty Association Act.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Members of the governing board of directors are elected by insurance companies that are members of the Montana Insurance Guaranty Association.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Changes to members of the board of directors and the plan of operation must be approved by the Commissioner of Insurance in Montana. The association is also subject to the commissioner's examination and regulation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Montana Insurance Guaranty Association's form 990 was prepared by Western Guaranty Fund Services and was emailed to the board of directors for review prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5At the beginning of every board meeting, members of the board are reminded about the potential for conflicts of interest and given the opportunity to discuss any conflicts. On an annual basis, board members are asked to sign that they understand and comply with the conflict-of-interest policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Montana Insurance Guaranty Association's governing documentation and financial statements are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section A, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt015902849
IRS990/TotalAssetsEOYAmt014368972
IRS990/TotalAssetsGrp/BOYAmt015902849
IRS990/TotalAssetsGrp/EOYAmt014368972
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03623033
IRS990/TotalFunctionalExpensesGrp/TotalAmt03623033
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt015902849
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt014368972
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt03623033
IRS990/TotalProgramServiceRevenueAmt01540791
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02089156
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02089156
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt015902849
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt014368972
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01873 South Bellaire St
IRS990/USAddress/AddressLine2Txt0Ste 920
IRS990/USAddress/CityNm0Denver
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080222
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0www.mtiga.org
IRS990/WhistleblowerPolicyInd01
ReasonableCauseExplanation/ExplanationTxt0Needed more time and timely filed form 8868 for an extension.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Chad Anderson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President-WGFS
ReturnHeader/BusinessOfficerGrp/PhoneNum03037595066
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MONTANA INSURANCE GUARANTY ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0MONT
ReturnHeader/Filer/EIN0237334849
ReturnHeader/Filer/PhoneNum03037595066
ReturnHeader/Filer/USAddress/AddressLine1Txt01873 So Bellaire St Ste 920
ReturnHeader/Filer/USAddress/CityNm0Denver
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080222
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02025-06-11T15:34:30-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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