Skip to main content
Filing year 2024

Illinois Life & Health Insurance Guaranty Association

Lisle, Illinois·EIN 36-3117539·6
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 · Schedule J · 2 reported individuals · Filing year 2024

Executive Director
$502k
$537k
Base
$297k
Bonus
$64k
Other
$77k
Benefits
$38k
Controller
highest compensated employee
$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.

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.
Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Create free account
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.