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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Florida Insurance Guaranty Association Inc.

Florida Insurance Guaranty Association Inc.

Fiscal year ending 2023. Filed on November 8, 2024.

PO Box 14249
Tallahassee, Florida 32317

Florida Insurance Guaranty Association Inc. (EIN: 59-1378046) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, Florida Insurance Guaranty Association Inc., a 501(c)(6) business league, reported compensation for 5 out of 30 total employees. Among the employees shown here, the average compensation is $152,272. The highest compensated employee at Florida Insurance Guaranty Association Inc. is Lenox Godfrey with fiscal year 2023 compensation of $183,913.

Revenue, expenses, and employee compensation

Revenue

$478,366,102

Expenses

$773,886,119

Employee compensation

$4,855,778
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Lenox Godfrey
Director of FIGA Claims
$183,913
$155,299 No related comp$28,614
William Hughese
Vice President of Claims
$160,124
$132,683 No related comp$27,441
Corey Neal
Secretary and Treasurer
$156,861
$130,308 No related comp$26,553
Michelle Campos
Claim Manager
$133,481
$105,627 No related comp$27,854
Elizabeth Frisbie
Controller
$126,979
$103,011 No related comp$23,968

Benchmark Employee Compensation

Non-Employee Board Members

Brent Brummer
Director
Carly Hermanson
Director
Charles Lydecker
Director
Kimberly Blackburn
Chair
Pamela Matthews
Director
Paula Lutes
Director
Raymond Waugh
Director
Rene Hernandez
Director

Contractors

Riverwood Claims Management
Claim Handling
$7,123,073
Fks Insurance Services
Claim Handling
$6,318,133
Alacrity Solutions Group LLC
Claim Handling
$3,254,211
Ryze Claim Solutions LLC
Claim Handling
$1,774,606
Neumann Construction & Roofing
Claim Handling
$1,761,172

Mission Statement

TO PROVIDE A MECHANISM FOR THE PAYMENT OF COVERED CLAIMS OF INSOLVENT INSURERS AND TO ASSIST IN THE DETECTION AND PREVENTION OF INSURER INSOLVENCIES.

Revisions to this organization profile

November 12, 2025:
2024 Florida Insurance Guaranty Association Inc. 990 filed
November 8, 2024:
2023 Florida Insurance Guaranty Association Inc. 990 filed
November 6, 2023:
2022 Florida Insurance Guaranty Association Inc. 990 filed

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