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EIN 36-3117539

Illinois Life & Health Insurance Guaranty Association (ILHIGA)

IRS 501(c) type
501(c)(6)
Num. employees
9
City
Lisle
State
Illinois
Year formed
1980
Most recent tax filings
2023-12-01
NTEE code, primary
Y20: Insurance Providers, Services
Description
The purpose of the Association is to protect policyholders and their beneficiaries covered by the Act (usually Illinois residents) in the event of the insolvency of a member insurer.
Also known as...
Illinois Life and Health Insurance Guaranty Association
Total revenues
$14,512,124
2023
Total expenses
$10,963,853
2023
Total assets
$89,725,084
2023
Num. employees
9
2023

Program areas at ILHIGA

The expenses during 2023 were $11 million of which $8 million was paid to or on behalf of policyholders. Revenue during 2023 totaled $15 million which was comprised of $7 million in estate recoveries; $3 million in premium collections; $3 million in net investment income; $2 million in assessments.

Personnel at ILHIGA

NameTitleCompensation
Janis D PotterExecutive Director$453,222
Lillian CilanoController$204,182
David K HillChair$0
Chad AllenSecretary and Treasurer$0
Jill WolowitzChair$0
...and 5 more key personnel

Financials for ILHIGA

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$11,631,222
Investment income and dividends$2,880,902
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$14,512,124

Form 990s for ILHIGA

Fiscal year endingDate received by IRSFormPDF link
2023-122024-04-16990View PDF
2022-122023-05-10990View PDF
2021-122022-04-22990View PDF
2020-122021-06-30990View PDF
2019-122020-10-16990View PDF
...and 9 more Form 990s
Data update history
May 22, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 20, 2024
Updated personnel
Identified 1 new personnel
May 18, 2024
Used new vendors
Identified 1 new vendor, including
July 6, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 26, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Mutual assistance organizationsInsurance companies
Issues
No issues found
Characteristics
Political advocacyState / local level
General information
Address
901 Warrenville Rd Ste 400
Lisle, IL 60532
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
DuPage County, IL
Website URL
ilhiga.org 
Phone
(773) 714-8050
IRS details
EIN
36-3117539
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1980
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
Y20: Insurance Providers, Services
NAICS code, primary
52411: Direct Life, Health, and Medical Insurance Carriers
Parent/child status
Independent
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