Cause IQ organization profile

Illinois Life & Health Insurance Guaranty Association (ILHIGA)

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

ILHIGA is a insurance company based in Lisle, IL that was founded in 1980. As of 2019 they had $32 million in revenue and $71 million in assets.

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.

Previous legal names or variations of their name include: Illinois Life And Health Insurance Guaranty Association.

EIN:
36-3117539
City:
State:
Metro:
Website:
Phone:
773.714.8050
Founded:
1980
Type:
501(c)(6)
NTEE:
Revenue:
$32,191,148
Assets:
$71,881,342
Employees:
9
Fiscal year end:
December
Revenue trends:
Asset trends:

Program areas at ILHIGA

Total expenses during 2018 were $17.89 million, of which $12.89 million was paid to or on behalf of policyholders and $.75 million was paid to third party administrators. Revenue during 2018 totaled $32.19 million of which $22.65 million were class b assessments, $3.34 million were distributions from the receiver, $5.19 million were premiums and $1.01 million was net investment income.

Form 990s for ILHIGA

Fiscal year endingDate received by IRSFormPDF link
2018-12Sep 14, 2019990View PDF
2017-12Jul 28, 2018990OView PDF
2016-12May 31, 2017990OView PDF
2015-12Jun 16, 2016990OView PDF
2014-12Jun 9, 2015990OView PDF
...and four more Form 990 PDFs

Financials for ILHIGA

Field2018
Total grants, contributions, etc.$0
Program services$31,182,287
Investment income and dividends$1,008,861
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$32,191,148

Vendors for ILHIGA

VendorServicesAmount paidDate
Microsoft ServicesSoftware2020-03-17
██████Fundraising software2020-03-04
███████ ███ ████Fundraising software; Payment processing2020-03-04
██████ ███ █████ ████Tax accounting2019-06-03
███████ ██████ ███Third Party Administrator Services$151,7502018-12-01
█████ ████ ██████████ ████████ ███Legal Services$1,078,3872018-12-01

Personnel at ILHIGA

NameTitleCompensationMost recent data
Barbara AdamsChief Accounting Off-Dec. 31, 2017
Janis PotterExecutive Director$266,468Aug. 30, 2019
███████ ██████Controller$105,310Dec. 31, 2018
████ ████████Vice Cair$0Dec. 31, 2018
███████ █████████Secretary and Treasurer$0Dec. 31, 2018
██████ ██████Chair$0Dec. 31, 2018
████ ███████Chairman-Dec. 31, 2016
██████ ██████Vice - Chair-Dec. 31, 2016

Peer insurance providers

 NameTypeRevenueLocation
1Kentucky Insurance Guaranty Association (KLHIGA)501(c)(6)$14 millionLouisville, KY
2Illinois Insurance Guaranty Fund501(c)(6)$29 millionChicago, IL
3Michigan Automobile Insurance Placement Facility (MAIPF)501(c)(6)$39 millionJohnston, RI
4Washington Life and Disability Insurance Guaranty Association501(c)(6)$10 millionShelton, WA
5Insurance Security Fund501(c)(6)$12 millionMadison, WI
6North Carolina Joint Underwriting Association (NCJUA)501(c)(6)$89 millionRaleigh, NC
7Pennsylvania Property and Casualty Insurance Guaranty Association (PPCIGA)501(c)(6)$17 millionPhiladelphia, PA
8Property and Casualty Insurance Guaranty Corporation (PCIGC)501(c)(6)$9.5 millionTowson, MD
9Self-Insurers Security Fund501(c)(6)$65 millionOakland, CA
10Minnesota Insurance Guaranty Association501(c)(6)$16 millionEdina, MN
11Kansas All Industry Placement Facility501(c)(6)$8.6 millionTopeka, KS
12Unsatisfied Claim and Judgment Fund (UCJF)501(c)(6)$95 millionBasking Ridge, NJ
13Virginia Property Insurance Association501(c)(6)$17 millionGlen Allen, VA
14Louisiana Insurance Guaranty Association501(c)(6)$18 millionBaton Rouge, LA
15Western Catholic Union501(c)(8)$41 millionQuincy, IL
16Alabama Insurance Guaranty Association501(c)(6)$17 millionBirmingham, AL
17Delta Dental of Wyoming501(c)(4)$40 millionCheyenne, WY
18Colorado Choice Health Plans501(c)(4)$93 millionAlamosa, CO
19Educators Mutual Insurance Association of Utah501(c)(9)$93 millionMurray, UT
20New Hampshire Automobile Dealers Health Insurance Trust501(c)(9)$14 millionBow, NH
21First Catholic Slovak Union of the United States of America and Canada501(c)(8)$35 millionIndependence, OH
22Painters Union Insurance Fund501(c)(9)$11 millionSouthfield, MI
23United States Letter Carriers Mutual Benefit Association501(c)(5)$23 millionWashington, DC
24CSEA Employee Benefit Fund (EBF)501(c)(9)$145 millionLatham, NY
25Promedica Indemnity Insurance Corporation501(c)(3)$11 millionBurlington, VT