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Filing year 2023

ILLINOIS BANKERS GROUP INSURANCE TRUST

Springfield, Illinois·EIN 37-6082547·501(c)(9)
Total revenue
$22.7M
Total assets
$7.1M
Total expenses
$23.6M
Reported officers
8
Mission

TO PROVIDE LIFE, ACCIDENT, HEALTH, DENTAL, VISION AND DISABILITY INSURANCE FOR ELIGIBLE EMPLOYEES AND RETIREES OF ILLINOIS BANKERS ASSOCIATION MEMBERS.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Senior Trust Advisor
Highest Compensated Employee
25th percentile to median
$144k
$160k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Up 3%
from 2022

From $140k in 2022 to $144k in 2023.

$140k
2022
$144k
2023
In today's dollarsEst.
Roughly flat in real terms$160k to $160k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Highest Compensated Employee pay rose 3% from 2022 to 2023, while revenue rose 2%.

$140k in 2022 to $144k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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

Revenue and expenses over time

ILLINOIS BANKERS GROUP INSURANCE TRUST reported revenue and expenses across 2 filing years.

RevenueExpenses
$22.3M
$22.4M
2022
$22.7M
$23.6M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about ILLINOIS BANKERS GROUP INSURANCE TRUST

What does the Highest Compensated Employee of ILLINOIS BANKERS GROUP INSURANCE TRUST earn?

In 2023, the Highest Compensated Employee of ILLINOIS BANKERS GROUP INSURANCE TRUST received $144,482 in total compensation. This pay is below the median (the midpoint) for Highest Compensated Employee roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at ILLINOIS BANKERS GROUP INSURANCE TRUST compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Highest Compensated Employee at ILLINOIS BANKERS GROUP INSURANCE TRUST falls between the 25th percentile and the median.

What are ILLINOIS BANKERS GROUP INSURANCE TRUST's revenue and expenses?

In 2023, ILLINOIS BANKERS GROUP INSURANCE TRUST reported $22.7M in total revenue and $23.6M in total expenses on its IRS Form 990.

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