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EIN 37-6082547

Illinois Bankers Group Insurance Trust

IRS 501(c) type
501(c)(9)
Num. employees
2
City
Springfield
State
Illinois
Year formed
1967
Most recent tax filings
2023-03-01
NTEE code, primary
Y40: Fraternal Beneficiary Societies and Voluntary Employees Associations
Description
The Illinois League of Financial Institutions Trust offers life, accident, health, dental, vision and disability insurance for the employees of association members. Its programs provide benefits for the employees of association members.
Related structure
Illinois Bankers Group Insurance Trust is a subordinate organization under Illinois Bankers Association.
Also known as...
Illinois League of Financial Institutions Trust
Total revenues
$22,260,932
2023
Total expenses
$22,445,937
2023
Total assets
$7,155,983
2023
Num. employees
2
2023

Program areas at Illinois Bankers Group Insurance Trust

To provide life, accident, health, dental, vision and disability Insurance for eligible employees and retirees of Illinois Bankers association members.

Personnel at Illinois Bankers Group Insurance Trust

NameTitleCompensation
Erich BloxdorfPlanning Administrator
Michael M MahorneySenior Trust Advisor / Marketing Di$131,941
Jay StevensonPlanning Administrator
Jay Stevenson PlanningAdministrator

Financials for Illinois Bankers Group Insurance Trust

RevenuesFYE 03/2023
Total grants, contributions, etc.$0
Program services$22,130,045
Investment income and dividends$211,470
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-80,583
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$22,260,932

Form 990s for Illinois Bankers Group Insurance Trust

Fiscal year endingDate received by IRSFormPDF link
2023-032024-02-13990View PDF
2022-032023-01-16990View PDF
2021-032021-11-02990View PDF
2019-032021-03-10990OView PDF
2018-032018-11-15990View PDF
...and 8 more Form 990s
Data update history
May 20, 2024
Used new vendors
Identified 1 new vendor, including
June 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 20, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 17, 2023
Updated personnel
Identified 9 new personnel
August 18, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Fraternal societiesMutual assistance organizationsChapter / child organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
3201 W White Oaks Dr 400
Springfield, IL 62704
Metro area
Springfield, IL
County
Sangamon County, IL
Phone
(217) 789-9340
IRS details
EIN
37-6082547
Fiscal year end
March
Taxreturn type
Form 990
Year formed
1967
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
Y40: Fraternal Beneficiary Societies and Voluntary Employees Associations
NAICS code, primary
525120: Health and Welfare Funds
Parent/child status
Subordinate organization
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