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Filing year 2024

1891 Financial Life

Schaumburg, Illinois·EIN 36-1981330·8
Total revenue
$10.4M
Total assets
$151.1M
Total expenses
$11.9M
Reported officers
9
Mission

1891 FINANCIAL LIFE IS A COMMUNITY-BASED INSURANCE ORGANIZATION THAT OFFERS PRODUCTS AND MEMBER BENEFITS THAT ASSIST INDIVIDUALS AND THEIR FAMILIES IN ACHIEVING FINANCIAL SECURITY WHILE HELPING TO BUILD STRONGER COMMUNITIES BY SUPPORTING SERVICE PROJECTS THAT REFLECT COMMON SHARED VALUES.

Executive compensation, broken down

Form 990 · Schedule J · 9 reported individuals · Filing year 2024

Base
$203k
Bonus
$20k
Other
Benefits
$16k
Board Treasu
officer (unspecified)
$20k
$21k
Director
board member
$18k
$19k
Board Chair
board chair
$18k
$19k
Director
officer (unspecified)
$16k
$17k
Director
board member
$15k
$16k
Director
board member
$14k
$15k
Director
board member
$14k
$15k
Director
board member
$11k
$11k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Up 4%
from 2023

From $236k in 2023 to $246k in 2024.

$236k
2023
$246k
2024
In today's dollarsEst.
Up 1% in real terms$261k to $263k

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

1891 Financial Life reported revenue and expenses across 2 filing years.

RevenueExpenses
$20M
$20.9M
2023
$10.4M
$11.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
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