Purpose is to protect Illinois resident policyholders, enrollees and their beneficiaries, assignees and payees covered by the Act in the event of the insolvency of a member insurer by payment of benefits.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $297k
- Bonus
- $64k
- Other
- $77k
- Benefits
- $38k
- Base
- $182k
- Bonus
- $9k
- Other
- $25k
- Benefits
- $20k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Executive Director Above 90th percentile | $297k | $64k | $77k | $38k | $502k $537k |
Controller Above 90th percentile | $182k | $9k | $25k | $20k | $249k $267k |
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 13 unpaid individuals.
Down 3%
from 2023
From $517k in 2023 to $502k 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.
Chief Executive Officer pay fell 3% from 2023 to 2024, while revenue rose 285%.
- Controller pay rose 4% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
Illinois Life & Health Insurance Guaranty Association reported revenue and expenses across 2 filing years.
Common questions about Illinois Life & Health Insurance Guaranty Association
What does the Chief Executive Officer of Illinois Life & Health Insurance Guaranty Association earn?
In 2024, the Chief Executive Officer of Illinois Life & Health Insurance Guaranty Association received $501,859 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 Life & Health Insurance Guaranty Association compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at Illinois Life & Health Insurance Guaranty Association falls in the top 10%.
What are Illinois Life & Health Insurance Guaranty Association's revenue and expenses?
In 2024, Illinois Life & Health Insurance Guaranty Association reported $55.9M in total revenue and $13.4M in total expenses on its IRS Form 990.
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