TO PROTECT AGAINST LOSS BY PROVIDING A MECHANISM TO PAY COVERED CLAIMS AND RETURN UNEARNED PREMIUMS OF POLICYHOLDERS, RESULTING FROM INSOLVENT INSURERS AND TO ASSESS THE COSTS TO COMPANIES HOLDING A CERTIFICATE OF AUTHORITY TO TRANSACT INSURANCE IN THE STATE OF ILLINOIS.
Executive compensation, broken down
Form 990 · Schedule J · 6 reported individuals · Filing year 2024
- Base
- $310k
- Bonus
- —
- Other
- $660
- Benefits
- $36k
- Base
- $208k
- Bonus
- —
- Other
- $443
- Benefits
- $23k
- Base
- $191k
- Bonus
- —
- Other
- $3k
- Benefits
- $18k
- Base
- $141k
- Bonus
- —
- Other
- $291
- Benefits
- $26k
- Base
- $109k
- Bonus
- —
- Other
- $958
- Benefits
- $30k
- Base
- $103k
- Bonus
- —
- Other
- $213
- Benefits
- $34k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Executive Di | $310k | — | $660 | $36k | $395k $423k |
Controller officer (unspecified) | $208k | — | $443 | $23k | $263k $282k |
Claims Direc highest compensated employee | $191k | — | $3k | $18k | $242k $259k |
IT Manager highest compensated employee | $141k | — | $291 | $26k | $189k $203k |
Sr. Claims E highest compensated employee | $109k | — | $958 | $30k | $158k $169k |
Sr. Claims E highest compensated employee | $103k | — | $213 | $34k | $154k $165k |
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 10 unpaid individuals.
Up 4%
from 2023
From $380k in 2023 to $395k in 2024.
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 INSURANCE GUARANTY FUND reported revenue and expenses across 2 filing years.
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