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Filing year 2023

INDEPENDENT INSURANCE AGENTS OF ILLINOIS

Springfield, Illinois·EIN 37-1301916·501(c)(6)
Total revenue
$2.5M
Total assets
$6.4M
Total expenses
$2.9M
Reported officers
26
Mission

TO PROVIDE OUR MEMBERS WITH A SUSTAINABLE COMPETITIVE ADVANTAGE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

CEO
Above 90th percentile
$322k
$356k
Base
$273k
Bonus
$12k
Other
Benefits
$3k
CFO
75th to 90th percentile
$184k
$204k
Base
$142k
Bonus
$4k
Other
Benefits
$2k
Director of Education & Ag
Highest Compensated Employee
25th percentile to median
$164k
$181k
Base
$131k
Bonus
$14k
Other
Benefits
$2k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 23 unpaid individuals.

Up 3%
from 2022

From $313k in 2022 to $322k in 2023.

$313k
2022
$322k
2023
In today's dollarsEst.
Down 1% in real terms$359k to $356k

Estimated with BLS CPI-U for the Midwest region, 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 rose 3% from 2022 to 2023, while revenue fell 11%.

$313k in 2022 to $322k in 2023.
  • Chief Financial Officer pay rose 6% from 2022 to 2023.
  • Highest Compensated Employee pay rose 6% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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

Revenue and expenses over time

INDEPENDENT INSURANCE AGENTS OF ILLINOIS reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.8M
$2.7M
2022
$2.5M
$2.9M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about INDEPENDENT INSURANCE AGENTS OF ILLINOIS

What does the Chief Executive Officer of INDEPENDENT INSURANCE AGENTS OF ILLINOIS earn?

In 2023, the Chief Executive Officer of INDEPENDENT INSURANCE AGENTS OF ILLINOIS received $322,267 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 INDEPENDENT INSURANCE AGENTS OF ILLINOIS compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at INDEPENDENT INSURANCE AGENTS OF ILLINOIS falls in the top 10%.

What are INDEPENDENT INSURANCE AGENTS OF ILLINOIS's revenue and expenses?

In 2023, INDEPENDENT INSURANCE AGENTS OF ILLINOIS reported $2.5M in total revenue and $2.9M in total expenses on its IRS Form 990.

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