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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 Guaranty Fund Management Services Inc.

Guaranty Fund Management Services Inc.

Fiscal year ending 2024. Filed on November 14, 2025.

One Bowdoin Square
2nd Floor
Boston, Massachusetts 02114

Guaranty Fund Management Services Inc. (EIN: 04-2712442) has filed an IRS Form 990 since fiscal year 2021. In its fiscal year 2024 IRS Form 990 filing, Guaranty Fund Management Services Inc., a 501(c)(6) business league, reported compensation for 11 out of 33 total employees. Among the employees shown here, the average compensation is $245,433. The highest compensated employee at Guaranty Fund Management Services Inc. is Barbara Law with fiscal year 2024 compensation of $629,460.

Revenue, expenses, and employee compensation

Revenue

$7,535,338

Expenses

$8,488,351

Employee compensation

$6,949,884
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Barbara Law
President and Chief Executive Officer
$629,460
$580,986 No related comp$48,474
Jeffrey Scott
Vice President Claims
$332,977
$294,305 No related comp$38,672
Linda Angelone
Senior Vice President HR and Compliance
$285,926
$257,947 No related comp$27,979
Dimitar Kotzev
Vice President, Information Technology
$257,304
$202,021 No related comp$55,283
Andrea Rossi
Vice President, Operations
$196,512
$152,981 No related comp$43,531
Ramzi Ballout
Senior Applications Architect
$177,514
$169,418 No related comp$8,096
Sergey Dmitriev
Lead Applications Developer
$169,668
$147,194 No related comp$22,474
Heather Holland
Treasurer and Vice President Accounting and Finance
$169,079
$123,034 No related comp$46,045
Keith Legget
Claims Manager
$166,205
$130,748 No related comp$35,457
Marjorie Corbet
Claims Manager
$165,577
$144,381 No related comp$21,196
Craig Cote
Senior Systems Administrator
$149,536
$138,807 No related comp$10,729

Benchmark Employee Compensation

Non-Employee Board Members

Donald Baldini
Director
Earl Cottam
Director
Harris E Berenson
Director
Joseph Torti III
Director
L Noel Patterson Jr
Director
Lincoln Merrill Jr
Director
Theresa Lewis
Director
William Cahill
Director

Mission Statement

Provides management and claims supervisory services to its member associations to assist them in the discharge of their respective statutory responsibilities to handle promptly and efficiently covered claims against insolvent property and casualty insurers. The Corporation has been formed to establish and maintain a single efficient management and claims service organization for its member guaranty associations. The objectives of the Corporation include, but are not limited to: (1) Providing management and claims supervisory services to insurance guaranty funds or associations created by statute; (2) Assisting guaranty associations in the discharge of their statutory responsibility to handle promptly and efficiently covered claims against insolvent insurers; (3) Furnishing related or compatible services to insurers and insurer organizations; and (4) Doing any and all things appropriate to accomplish the foregoing purposes.

Revisions to this organization profile

November 14, 2025:
2024 Guaranty Fund Management Services Inc. 990 filed
November 15, 2024:
2023 Guaranty Fund Management Services Inc. 990 filed
November 9, 2023:
2022 Guaranty Fund Management Services Inc. 990 filed

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