EIN 36-3117539

Illinois Life & Health Insurance Guaranty Association (ILHIGA)

IRS 501(c) type
501(c)(6)
Num. employees
10
City
Year formed
1980
Most recent tax filings
2020-12
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

Program areas at ILHIGA

The expenses during 2020 were $13 million of which $10 million was paid to or on behalf of policyholders. Revenue during 2020 totaled $30 million which was comprised of $22 million in reserve transfer activity; $4 million in premium collections; $3 million in net investment income and $1 million in estate distributions

Form 990s for ILHIGA

Fiscal year endingDate received by IRSFormPDF link
2019-122020-10-16990View PDF
2018-122019-09-14990View PDF
2017-122018-07-28990OView PDF
2016-122017-05-31990OView PDF
2015-122016-06-16990OView PDF
...and 5 more Form 990s

Financials for ILHIGA

RevenuesFYE 12/2020
Total grants, contributions, etc.$0
Program services$27,511,709
Investment income and dividends$2,760,810
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$30,272,519

Personnel at ILHIGA

NameTitleCompensation
Janis PotterExecutive Director$375,460
Lillian CilanoController$176,806
Leonard KarpowichSecretary and Treasurer$0
 Subscribe to viewChair$0
 Subscribe to viewSecretary and Treasurer$0
...and 3 more key personnel

Organizations like ILHIGA

OrganizationLocationRevenue
Kentucky Insurance Guaranty Association (KLHIGA)Louisville, KY$14,013,841
Florida Insurance Guaranty Association (FIGA)Tallahassee, FL$33,099,802
Missouri Life and Health Insurance Guaranty AssociationJefferson Cty, MO$11,594,216
Kansas All Industry Placement FacilityTopeka, KS$8,366,775
North Carolina Insurance Guaranty AssociationRaleigh, NC$18,890,891
Rhode Island Automobile Insurance PlanJohnston, RI$13,584,242
Illinois Insurance Guaranty FundChicago, IL$27,782,777
Michigan Property and Casualty Guaranty Association (MPCGA)Novi, MI$26,159,733
Nevada Insurance Guaranty Association (NIGA)Las Vegas, NV$8,378,177
Minnesota Insurance Guaranty AssociationEdina, MN$11,914,528
Texas Property and Casualty Insurance Guaranty Association (TPCIGA)Austin, TX$62,109,274
Tennessee Insurance Guaranty AssociationNashville, TN$39,838,506
Workers' Compensation Security Fund (WCSF)Basking Ridge, NJ$58,825,090
North Carolina Joint Underwriting Association (NCJUA)Raleigh, NC$98,575,626
Louisiana Insurance Guaranty AssociationBaton Rouge, LA$8,074,522
Virginia Property Insurance AssociationGlen Allen, VA$17,749,642
Michigan Automobile Insurance Placement Facility (MAIPF)Johnston, RI$33,230,187
Self-Insurers Security FundOakland, CA$65,844,772
Unsatisfied Claim and Judgment Fund (UCJF)Basking Ridge, NJ$90,640,872
United States Letter Carriers Mutual Benefit AssociationWashington, DC$24,886,108
Catholic Union of Texas - The KJTLaGrange, TX$11,079,686
Rochester Laborers' Welfare FundRochester, NY$10,649,252
Houston Police Benefits TrustHouston, TX$8,607,849
CSEA Employee Benefit Fund (EBF)Latham, NY$145,407,970
Community Care Alliance of IllinoisChicago, IL$56,247,801
Nonprofit Types
Issues
No issues found
Characteristics
Key performance indicators
Total revenues
$30,272,519
2020
Yearly growth
-9.5%
% of revenues
n/a
Total expenses
$13,066,002
2020
Yearly growth
-76.1%
% of expenses
n/a
Total assets
$89,615,352
2020
Yearly growth
1.3%
% of assets
n/a
Num. employees
10
2020
Yearly growth
11.1%
% of total
n/a
General information
Address
901 Warrenville Road Suite 400
Lisle, IL 60532
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
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