TO PROVIDE BASIC AND AFFORDABLE PROPERTY INSURANCE TO APPLICANTS IN THE STATE OF ILLINOIS WHO ARE UNABLE TO PURCHASE COVERAGE THROUGH THE STANDARD INSURANCE MARKET FOR REASONS BEYOND THEIR CONTROL.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $213k
- Bonus
- $9k
- Other
- $1k
- Benefits
- $47k
- Base
- $100k
- Bonus
- $2k
- Other
- $448
- Benefits
- $37k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President Above 90th percentile | $213k | $9k | $1k | $47k | $368k $408k |
Claims Manager Highest Compensated Employee Median to 75th percentile | $100k | $2k | $448 | $37k | $186k $206k |
Chair Board Chair 25th percentile to median | — | — | — | — | $9k $10k |
Director Board Member 25th percentile to median | — | — | — | — | $8k $9k |
Director Board Member 25th percentile to median | — | — | — | — | $8k $9k |
Secretary Officer (Unspecified) | — | — | — | — | $7k $8k |
Director Board Member 10th to 25th percentile | — | — | — | — | $4k $4k |
Director Board Member 10th to 25th percentile | — | — | — | — | $3k $4k |
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.
Plus 5 unpaid individuals.
Up 23%
from 2022
From $300k in 2022 to $368k in 2023.
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.
Chief Executive Officer pay rose 23% from 2022 to 2023, while revenue rose 22%.
- Board Chair pay rose 22% from 2022 to 2023.
- Board Member pay rose 11% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Revenue and expenses over time
ILLINOIS FAIR PLAN ASSOCIATION reported revenue and expenses across 2 filing years.
Common questions about ILLINOIS FAIR PLAN ASSOCIATION
What does the Chief Executive Officer of ILLINOIS FAIR PLAN ASSOCIATION earn?
In 2023, the Chief Executive Officer of ILLINOIS FAIR PLAN ASSOCIATION received $368,278 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at ILLINOIS FAIR PLAN ASSOCIATION compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at ILLINOIS FAIR PLAN ASSOCIATION falls in the top 10%.
What are ILLINOIS FAIR PLAN ASSOCIATION's revenue and expenses?
In 2023, ILLINOIS FAIR PLAN ASSOCIATION reported $4.2M in total revenue and $4.2M in total expenses on its IRS Form 990.
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