1. Directory
  2. Illinois
  3. Lisle
  4. Illinois Life & Health Insurance Guaranty Association (ILHIGA)
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
2024-12-01
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
$55,913,593
2024
Total expenses
$13,355,113
2024
Total assets
$128,658,716
2024
Num. employees
9
2024

Program areas at ILHIGA

The expenses during 2024 were $13 million of which $11 million was paid to or on behalf of policyholders. Revenue during 2024 totaled $56 million which was comprised of $45 million in assessments; $4 million reserve transfer activity; $3 million in premium collections; $3 million in net investment income; $1 million in estate recoveries.

Financials for ILHIGA

RevenuesFYE 12/2024
Total grants, contributions, etc.$0
Program services$52,558,693
Investment income and dividends$3,354,900
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$55,913,593
Data update history
May 31, 2025
Updated personnel
Identified 2 new personnel
May 30, 2025
Posted financials
Added Form 990 for fiscal year 2024
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
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
Free account sign-up

Want updates when ILHIGA has new information, or want to find more organizations like Illinois Life & Health Insurance Guaranty Association (ILHIGA)?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2025 Nonprofit Metrics LLC
Terms of Service and Privacy Policy