Civic Intelligence

Anic Protected Cell of Ltc Re

EIN 82-0630879 • 501(c)6 • Washington, DC

Profile

Ltc re is a protected cell captive insurance company formed by the national organization of life and health guaranty associations, whose members are life and health insurance state guaranty associations affected by the insolvency of penn treaty network america insurance company and/or its wholly owned subsidiary, american network insurance company. The members reinsure their obligations to ltc re to service the covered policyholders.the guaranty associations provide the insurance industry and its consumers with a safety net in the event a life and health insurance company becomes insolvent and unable to pay claims.

1500 K St NW 1100Washington, DC 20005

n/A

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.99x

Higher debt load relative to assets than 93% of similar nonprofits.

$250M-$1B nonprofits • Source year 2023

Liabilities / Revenue

88th percentile

8.30x

Higher debt load relative to revenue than 88% of similar nonprofits.

$250M-$1B nonprofits • Source year 2023

Net Margin

5th percentile

-48%

Higher net margin than 5% of similar nonprofits.

$250M-$1B nonprofits • Source year 2023

Top Officer Pay

11th percentile

$0

Higher top officer pay than 11% of similar nonprofits.

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

$250M-$1B nonprofits • Source year 2022

Asset Growth

78th percentile

12%

Faster asset growth than 78% of similar nonprofits.

$250M-$1B nonprofits • Annualized from 2022 to 2023

Revenue Growth

98th percentile

495%

Faster revenue growth than 98% of similar nonprofits.

$250M-$1B nonprofits • Annualized from 2022 to 2023

Assets

Down

$319,285,624

Down $5,588,903 (-1.7%) from 2023

Liabilities

Down

$316,628,385

Down $5,049,556 (-1.6%) from 2023

Net Assets

Down

$2,657,239

Down $539,347 (-17%) from 2023

Revenue

Down

-$25,470,002

Down $64,248,634 (-166%) from 2023

Expenses

Down

-$29,840,351

Down $87,261,036 (-152%) from 2023

Net Income

Up

$4,370,349

Up $23,012,402 (+123%) from 2023

Trend Graphs

Balance Sheet Trend

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

$400M$300M$200M$100M$0Assets 2016: $1Liabilities 2016: $02016Assets 2017: $372,938,564Liabilities 2017: $369,257,212Net Assets 2017: $3,681,3522017Assets 2018: $329,442,124Liabilities 2018: $326,192,600Net Assets 2018: $3,249,5242018Assets 2019: $338,638,508Liabilities 2019: $335,297,862Net Assets 2019: $3,340,6462019Assets 2020: $366,936,781Liabilities 2020: $363,316,243Net Assets 2020: $3,620,5382020Assets 2021: $361,855,078Liabilities 2021: $358,285,338Net Assets 2021: $3,569,7402021Assets 2022: $289,363,441Liabilities 2022: $286,511,193Net Assets 2022: $2,852,2482022Assets 2023: $324,874,527Liabilities 2023: $321,677,941Net Assets 2023: $3,196,5862023Assets 2024: $319,285,624Liabilities 2024: $316,628,385Net Assets 2024: $2,657,2392024

Highlighted filing

2024

Assets$319,285,624
Liabilities$316,628,385
Net Assets$2,657,239

Operations Trend

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

$400M$200M$0-$200MRevenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $386,615,209Expenses 2017: $386,310,460Net Income 2017: $304,7492017Revenue 2018: $17,718,059Expenses 2018: $3,679,876Net Income 2018: $14,038,1832018Revenue 2019: $12,537,326Expenses 2019: $36,825,479Net Income 2019: -$24,288,1532019Revenue 2020: $31,924,257Expenses 2020: $51,365,326Net Income 2020: -$19,441,0692020Revenue 2021: $23,669,640Expenses 2021: $16,290,488Net Income 2021: $7,379,1522021Revenue 2022: $6,515,210Expenses 2022: -$49,683,662Net Income 2022: $56,198,8722022Revenue 2023: $38,778,632Expenses 2023: $57,420,685Net Income 2023: -$18,642,0532023Revenue 2024: -$25,470,002Expenses 2024: -$29,840,351Net Income 2024: $4,370,3492024

Highlighted filing

2024

Revenue-$25,470,002
Expenses-$29,840,351
Net Income$4,370,349

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 12, 2025
Return Version
2024v5.1
Gross Receipts
$72,518,231
Mission and Program Overview

Mission

Ltc re is a protected cell captive insurance company formed by the national organization of life and health guaranty associations, whose members are life and health insurance state guaranty associations affected by the insolvency of penn treaty network america insurance company and/or its wholly owned subsidiary, american network insurance company. The members reinsure their obligations to ltc re to service the covered policyholders.the guaranty associations provide the insurance industry and its consumers with a safety net in the event a life and health insurance company becomes insolvent and unable to pay claims.

Ltc re is a protected cell captive insurance company formed by the national organization of life and health guaranty associations, whose members are life and health insurance state guaranty associations affected by the insolvency of penn treaty network america insurance company and/or its wholly owned subsidiary, american network insurance company. The members reinsure their obligations to ltc re to service the covered policyholders.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$285,660,460$284,249,396▼ $1,411,064
Rtn Earn Endowment Incm Other Fnds$3,196,586$2,657,239▼ $539,347
Savings and Temporary Cash Investments$1,777,660$662,401▼ $1,115,259
Investments Other Securities$733,216$39,358▼ $693,858
Prepaid Expenses and Deferred Charges$8,405$8,913▲ $508
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$324,874,527$319,285,624▼ $5,588,903
Other Assets Total$36,694,786$34,325,556▼ $2,369,230
Liabilities
Other Liabilities$319,690,870$314,819,307▼ $4,871,563
Deferred Revenue$1,799,661$1,607,878▼ $191,783
Accounts Payable and Accrued Expenses$187,410$201,200▲ $13,790
Total Liabilities$321,677,941$316,628,385▼ $5,049,556
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,196,586$2,657,239▼ $539,347
Total Liabilities and Net Assets / Fund Balance$324,874,527$319,285,624▼ $5,588,903

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$2,669,044--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Eric RangenPresident
Denise MeridithDirector
Frank MelaccioDirector
Lillian SuttonDirector
Nancy MargolisDirector
Renee CieslukowskiDIRECTOR (FROM AUG '24)
Jeffrey BeligottiDIRECTOR (FROM FEB '24)
Amanda BarberaDIRECTOR (FROM OCT '24)
James YableckiDIRECTOR (TO AUG '24)
Aaron BallDIRECTOR (TO FEB '24)
Margaret SperryDIRECTOR (TO OCT '24)
Brenda CushingChief Financial Officer
Jodi AnatoleChief Operating Officer
Katharine WadeSecretary
Charles GullicksonSecurity & Privacy Officer
Russell SmithTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Davies Life & Health INCThird Party Admin/accounting1350 MAIN ST, Springfield, MA 01103$951,265
Wellington Management Company LLPInvestment Management280 CONGRESS ST, Boston, MA 02210$298,590
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$-43,667,574
Investment Income
$18,197,572
Other Revenue
$0
Change in Net Assets
$4,370,349
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
Other Expenses$-29,840,351

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Service Investment Mgmnt Fees---$334,307
Fees for Services Accounting---$75,163
Fees for Services Legal---$74,874
Fees for Services Other---$64,192
Insurance---$52,980
Fees for Services Management---$16,479
All Other Expenses---$12,333
Information Technology---$4,168
Travel---$1,012
Other Expenses---$-53,743,129
Total Functional Expenses$0$0$0$-29,840,351
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Policy Reserves$202,796,633
Claims Reserves$61,212,031
Due to Guaranty Association$49,616,084
Lae Reserve$1,106,109
Unclaimed Property$56,528
Due to Broker$31,922
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Anic pc contracted with consultants, professional service providers, and third party administrators to perform substantially all necessary clerical and managerial functions.

Form 990, Part VI, Section A, Line 4

The bylaws were amended to update the procedures for replacing a board member removed by death, resignation, disqualification, or otherwise.

Form 990, Part VI, Section A, Line 6

The captive has one class of members. Each life & health insurance guaranty association located in the united states who is also a member of the national organization of life & health insurance guaranty associations and who was impacted by the insolvency of penn treaty network america insurance company and/or its wholly owned subsidiary, american network insurance company is eligible to become a member.

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

The following individuals will be directors: chair of the nolhga ptna/anic task force, chair of the nolhga members participation council, and the president of nolhga.

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

Form 990 is reviewed by the chief financial officer, chief operating officer, legal counsel, captive manager, audit and risk advisory committee, and by the board of directors prior to filing.

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

Covered persons are under a continuing obligation to disclose any situation that presents a conflict of interest. Any covered person who becomes aware of a conflict of interest or potential conflict of interest is required to bring it to the attention of an executive officer.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy, and financial statements are not publicly available.

Filing and Contact Details

Filer

Filer Name
Anic Protected Cell of Ltc Re
EIN
82-0630879
Phone
2025892810
Address
1500 K ST NW 1100, WASHINGTON, DC 20005

Signing Officer

Name
Brenda J Cushing
Title
CFO
Phone
6127100935
Signed
2025-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brenda J Cushing
Formed
2016
Legal Domicile
Dc
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
20

Preparer

Firm
Johnson Lambert Llp
Address
4242 SIX FORKS ROAD SUITE 1500, RALEIGH, NC 27609
Preparer
J Calvin Marks
Phone
9197196400
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Actuarial 58,584. Nolhga support 3,208. Compliance 2,400.

Financial Statement Notes

PART X, LINE 2:

Management has concluded that ltc re, ptna pc and anic pc have properly maintained their federal and state tax-exempt status and have not taken any uncertain tax positions which would jeopardize their federal income tax-exempt status.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECURITY & PRIVACY OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR (TO FEB '24)
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR (FROM OCT '24)
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR (FROM FEB '24)
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR (FROM AUG '24)
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR (TO OCT '24)
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR (TO AUG '24)
IRS990/Form990PartVIISectionAGrp/TitleTxt14CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt15CHIEF OPERATING OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02016
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt04457004
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0102445237
IRS990/GrossReceiptsAmt072518231
IRS990/GroupExemptionNum06262
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt04168
IRS990/InsuranceGrp/TotalAmt052980
IRS990/InvestmentIncomeGrp/ExclusionAmt013740568
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt013740568
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0733216
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt039358
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0285660460
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0284249396
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0DC
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt097988233
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0LTC RE IS A PROTECTED CELL CAPTIVE INSURANCE COMPANY FORMED BY THE NATIONAL ORGANIZATION OF LIFE AND HEALTH GUARANTY ASSOCIATIONS, WHOSE MEMBERS ARE LIFE AND HEALTH INSURANCE STATE GUARANTY ASSOCIATIONS AFFECTED BY THE INSOLVENCY OF PENN TREATY NETWORK AMERICA INSURANCE COMPANY AND/OR ITS WHOLLY OWNED SUBSIDIARY, AMERICAN NETWORK INSURANCE COMPANY. THE MEMBERS REINSURE THEIR OBLIGATIONS TO LTC RE TO SERVICE THE COVERED POLICYHOLDERS.THE GUARANTY ASSOCIATIONS PROVIDE THE INSURANCE INDUSTRY AND ITS CONSUMERS WITH A SAFETY NET IN THE EVENT A LIFE AND HEALTH INSURANCE COMPANY BECOMES INSOLVENT AND UNABLE TO PAY CLAIMS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03196586
IRS990/NetAssetsOrFundBalancesEOYAmt02657239
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt04457004
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt04457004
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-4909696
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt036694786
IRS990/OtherAssetsTotalGrp/EOYAmt034325556
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0CLAIMS PAID
IRS990/OtherExpensesGrp/Desc1LOSS ADJUSTMENT EXPENSE
IRS990/OtherExpensesGrp/Desc2THIRD PARTY ADMIN
IRS990/OtherExpensesGrp/Desc3CHANGE IN RESERVES
IRS990/OtherExpensesGrp/TotalAmt022311004
IRS990/OtherExpensesGrp/TotalAmt1606910
IRS990/OtherExpensesGrp/TotalAmt2349356
IRS990/OtherExpensesGrp/TotalAmt3-53743129
IRS990/OtherLiabilitiesGrp/BOYAmt0319690870
IRS990/OtherLiabilitiesGrp/EOYAmt0314819307
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08405
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08913
IRS990/PrincipalOfficerNm0BRENDA J CUSHING
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0REINSURANCE PREMIUM
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0-43667574
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0-43667574
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt010282374
IRS990/PYOtherExpensesAmt057420685
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt028496258
IRS990/PYRevenuesLessExpensesAmt0-18642053
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt057420685
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt038778632
IRS990/ReconcilationRevenueExpnssAmt04370349
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt03196586
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02657239
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01777660
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0662401
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt025767749
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt15888763
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt22669044
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0GUARANTY ASSOCIATION RECEIVABLES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1FUNDS HELD IN TRUST BY TPA
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ACCRUED INVESTMENT INCOME
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0202796633
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt161212031
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt249616084
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt31106109
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt456528
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt531922
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0POLICY RESERVES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CLAIMS RESERVES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DUE TO GUARANTY ASSOCIATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3LAE RESERVE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4UNCLAIMED PROPERTY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5DUE TO BROKER
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT HAS CONCLUDED THAT LTC RE, PTNA PC AND ANIC PC HAVE PROPERLY MAINTAINED THEIR FEDERAL AND STATE TAX-EXEMPT STATUS AND HAVE NOT TAKEN ANY UNCERTAIN TAX POSITIONS WHICH WOULD JEOPARDIZE THEIR FEDERAL INCOME TAX-EXEMPT STATUS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt034325556
IRS990ScheduleD/TotalLiabilityAmt0314819307
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ANIC PC CONTRACTED WITH CONSULTANTS, PROFESSIONAL SERVICE PROVIDERS, AND THIRD PARTY ADMINISTRATORS TO PERFORM SUBSTANTIALLY ALL NECESSARY CLERICAL AND MANAGERIAL FUNCTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BYLAWS WERE AMENDED TO UPDATE THE PROCEDURES FOR REPLACING A BOARD MEMBER REMOVED BY DEATH, RESIGNATION, DISQUALIFICATION, OR OTHERWISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CAPTIVE HAS ONE CLASS OF MEMBERS. EACH LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION LOCATED IN THE UNITED STATES WHO IS ALSO A MEMBER OF THE NATIONAL ORGANIZATION OF LIFE & HEALTH INSURANCE GUARANTY ASSOCIATIONS AND WHO WAS IMPACTED BY THE INSOLVENCY OF PENN TREATY NETWORK AMERICA INSURANCE COMPANY AND/OR ITS WHOLLY OWNED SUBSIDIARY, AMERICAN NETWORK INSURANCE COMPANY IS ELIGIBLE TO BECOME A MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FOLLOWING INDIVIDUALS WILL BE DIRECTORS: CHAIR OF THE NOLHGA PTNA/ANIC TASK FORCE, CHAIR OF THE NOLHGA MEMBERS PARTICIPATION COUNCIL, AND THE PRESIDENT OF NOLHGA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER, CHIEF OPERATING OFFICER, LEGAL COUNSEL, CAPTIVE MANAGER, AUDIT AND RISK ADVISORY COMMITTEE, AND BY THE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COVERED PERSONS ARE UNDER A CONTINUING OBLIGATION TO DISCLOSE ANY SITUATION THAT PRESENTS A CONFLICT OF INTEREST. ANY COVERED PERSON WHO BECOMES AWARE OF A CONFLICT OF INTEREST OR POTENTIAL CONFLICT OF INTEREST IS REQUIRED TO BRING IT TO THE ATTENTION OF AN EXECUTIVE OFFICER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT PUBLICLY AVAILABLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ACTUARIAL 58,584. NOLHGA SUPPORT 3,208. COMPLIANCE 2,400.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7A
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0PENN TREATY PROTECTED CELL OF LTC RE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1LTC REINSURANCE PCC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0820648671
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1812155730
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0DC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1DC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0REINSURANCE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1MANAGEMENT COMPANY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01500 K ST NW STE 1100
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt11500 K ST NW STE 1100
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WASHINGTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1WASHINGTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0DC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1DC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd020005
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd120005
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00

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