ILLINOIS INSURANCE GUARANTY FUND is a nonprofit organization categorized as Public Charity based in CHICAGO, IL. Its most recent IRS filing (2024) reports revenue of $15.2M, expenses of $14.2M, total assets of $153.9M.
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.
How Illinois Insurance Guaranty Fund divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $15.2M | $14.2M | $153.9M |
| 2023 | $12.1M | $14.1M | $151.6M |
| 2022 | $7.2M | $13.9M | $147.6M |
| 2021 | $26.3M | $16.4M | $161.4M |
| 2020 | $34.0M | $24.2M | $156.7M |
Between 2020 and 2024, reported annual revenue declined from $34.0M to $15.2M (-55%), with total assets most recently reported at $153.9M.
Interactive year-over-year charts and full filing details available with membership.
