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Filing year 2024

Illinois Life & Health Insurance Guaranty Association

Lisle, Illinois·EIN 36-3117539·501(c)(6)
Total revenue
$55.9M
Total assets
$128.7M
Total expenses
$13.4M
Reported officers
15
Mission

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.

Executive Director
Above 90th percentile
$502k
$537k
Base
$297k
Bonus
$64k
Other
$77k
Benefits
$38k
Controller
Above 90th percentile
$249k
$267k
Base
$182k
Bonus
$9k
Other
$25k
Benefits
$20k

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.

$517k
2023
$502k
2024
In today's dollarsEst.
Down 6% in real terms$573k to $537k

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.

Pay for the position

Chief Executive Officer pay fell 3% from 2023 to 2024, while revenue rose 285%.

$517k in 2023 to $502k in 2024.
  • 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.

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

Revenue and expenses over time

Illinois Life & Health Insurance Guaranty Association reported revenue and expenses across 2 filing years.

RevenueExpenses
$14.5M
$11M
2023
$55.9M
$13.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

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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