LOKAHI ASSURANCE LTD Charity Report

Public IRS 990 nonprofit record

LOKAHI ASSURANCE LTD

EIN 91-2171891 · Mutual & Membership Benefit (Y200)

What they do

A SUPPORTING ORGANIZATION to KAISER FOUNDATION HEALTH PLAN INC and SUBSIDIARIES CREATED to PROVIDE A MEANS of FINANCING PROFESSIONAL and GENERAL LIABILITY, MANAGED CARE LIABILITY and PANDEMIC, TERRORISM, CYBER SECURITY, and EARTHQUAKE EXPOSURES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $95.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders9 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

73.89%of revenue went to mission work95.0% of expenses · Program services

$77.77spent for every $100 of revenueRevenue covered expenses this year.

3.89%of revenue went to management and office costs5.0% of expenses

$4.82in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $799,702 for MARK ZEMELMAN (SVP, GENERAL COUNSEL & SECY). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$967,547,788

Mission workProgram services$714,880,39073.89% of revenue95.0% of expenses

ManagementOffice and general costs$37,616,1733.89% of revenue5.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$215,051,22522.23% of revenueShown in gray on the chart

Total expenses$752,496,56377.77% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

202495.0% mission

202396.1% mission

202296.7% mission

202195.6% mission

202094.9% mission

201995.7% mission

201897.8% mission

201798.7% mission

Money in and money out

Revenue$967,547,788

Expenses$752,496,563

Annual surplus $215,051,225 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$714,880,390 · 95.0% of expenses

Management and office costs$37,616,173 · 5.0% of expenses

See all reported dollar amounts

Revenue$967,547,788

Expenses$752,496,563

Assets$3,624,344,138

Income$1,794,552,699

Mission work (program services)$714,880,390

Management and general$37,616,173

Executive compensation (total)$17,000

Stocks and bonds$1,109,386,214

Accounting fees$209,311

Investing fees$1,033,645

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MARK ZEMELMANSVP, GENERAL COUNSEL & SECY $799,702Base · Other $799,702

VANESSA BENAVIDESEVP,CHIEF LEGAL OFFICER & SECY · 1 hrs/week $486,134Base · Other $486,134

MARTIN KINGVP, CORPORATE RISK MANAGEMENT · 5 hrs/week $204,001Base · Other $204,001

THOMAS MEIERSVP, CORPORATE TREASURER · 2 hrs/week $138,446Base · Other $138,446

CHRISTINA LOCKWOODASSISTANT SECRETARY · 1 hrs/week $135,339Base · Other $135,339

SYLVIA BHATIASR DIR, TREASURY · 2 hrs/week $76,988Base · Other $76,988

MICHAEL B EVANSDIRECTOR $12,000

HONG-SZE YUVP, BRD & CORP GOV & ASST SECY $8,143Base · Other $8,143

GERALD C YOSHIDAASSISTANT SECRETARY $4,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (9)

MARK ZEMELMANSVP, GENERAL COUNSEL & SECY

VANESSA BENAVIDESEVP,CHIEF LEGAL OFFICER & SECY

MARTIN KINGVP, CORPORATE RISK MANAGEMENT

THOMAS MEIERSVP, CORPORATE TREASURER

CHRISTINA LOCKWOODASSISTANT SECRETARY

SYLVIA BHATIASR DIR, TREASURY

MICHAEL B EVANSDIRECTOR

HONG-SZE YUVP, BRD & CORP GOV & ASST SECY

GERALD C YOSHIDAASSISTANT SECRETARY

About this charity

Recognized since: January 2003
Location: C/O KP Tax One Kaiser Plz FL 26, OAKLAND, CA 94612
County: Alameda
In care of: MICHAEL P WALTON
Primary officer: MICHAEL P WALTON, CHIEF TAX OFFICER

How to reach them

Phone(510) 271-6611

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: PWC US TAX LLP
NTEE classification: Mutual & Membership Benefit (Y200)