Mission
Purpose is to protect Illinois resident policyholders, enrollees and their beneficiaries, assignees and payees covered by the Act in the event of the insolvency of a member insurer by payment of benefits.
Illinois Life & Health Insurance Guaranty Association, of Lisle, IL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $24.5M in revenue, $42.8M in expenses, $114.4M in total assets.
Purpose is to protect Illinois resident policyholders, enrollees and their beneficiaries, assignees and payees covered by the Act in the event of the insolvency of a member insurer by payment of benefits.
How Illinois Life & Health Insurance Guaranty Association 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 2025. 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 |
|---|---|---|---|
| 2025 | $24.5M | $42.8M | $114.4M |
| 2024 | $55.9M | $13.4M | $128.7M |
| 2023 | $14.5M | $11.0M | $89.7M |
| 2022 | $6.1M | $11.0M | $82.5M |
| 2021 | $45.0M | $10.8M | $105.0M |
Between 2021 and 2025, reported annual revenue declined from $45.0M to $24.5M (-46%), with total assets most recently reported at $114.4M.
Interactive year-over-year charts and full filing details available with membership.