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 · Schedule J · 8 reported individuals · Filing year 2023
- Base
- $213k
- Bonus
- $9k
- Other
- $1k
- Benefits
- $47k
- Base
- $100k
- Bonus
- $2k
- Other
- $448
- Benefits
- $37k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President | $213k | $9k | $1k | $47k | $368k $408k |
Claims Manager highest compensated employee | $100k | $2k | $448 | $37k | $186k $206k |
Chair board chair | — | — | — | — | $9k $10k |
Director board member | — | — | — | — | $8k $9k |
Director board member | — | — | — | — | $8k $9k |
Secretary officer (unspecified) | — | — | — | — | $7k $8k |
Director board member | — | — | — | — | $4k $4k |
Director board member | — | — | — | — | $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.
Revenue and expenses over time
ILLINOIS FAIR PLAN ASSOCIATION reported revenue and expenses across 2 filing years.
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