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Illinois Insurance Guaranty Fund

Trade
Trade Association · CHICAGO, IL · EIN 36-2737437

About

To protect against LOSS by providing a mechanism to pay covered claims and return unearned premiums of policyholders, resulting from insolvent insurers and to assess the costs to companies holding a certificate of authority to transact insurance in the state of illinois.

Donations are NOT tax-deductible
Category
Trade Association
Employees
14
Volunteers
11

Financial Snapshot

FY ending 2024-12-31
Revenue
$15.2M
Expenses
$14.2M
Assets
$153.9M
Liabilities
$3.3M

Financial history

$44.6M$22.3M$0
161718192021222324
RevenueExpenses
Latest FY2024: $15.2M · Peak FY2016: $38.9M · Avg: $23.3M
ILLINOIS INSURANCE GUARANTY FUND
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Address

150 S Wacker DR STE 2970
Chicago, IL, 60606-420

Governance

Voting board members10
Independent members9
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.