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Illinois Life & Health Insurance Guaranty Association

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$55.9M (2024)

Expenses
$13.4M (2024)

Total Assets
$129M (2024)

Total Liabilities
$10.1M (2024)

Years with multiple filings
Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$55,913,593
Expenses
$13,355,113
Net Income
$42,558,480
Net Assets
$118,591,882
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $52,558,693
94.0%
Investment Income $3,354,900
6.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $501,859
3.8%
Professional Fundraising Fees $0
Other Salaries and Wages $511,010
3.8%
Assets/Debt
Total Assets $128,658,716
Total Liabilities $10,066,834
Net Assets $118,591,882
Compensation
Key Employees and Officers Compensation Related Other
Janis D Potter (Executive Director) $437,873 $0 $63,986
Lillian Cilano (Controller) $216,575 $0 $32,783
David K Hill (Chair) $0 $0 $0
James R Jones (Doi Appointee) $0 $0 $0
Neil Jackson (Secretary Treasurer) $0 $0 $0
Amy Condo (Vice Chair) $0 $0 $0
Prudential Insurance Co (Director) $0 $0 $0
State Farm Life Insurance (Director) $0 $0 $0
Principal Life Insurance (Director) $0 $0 $0
Trustmark Insurance Co (Director) $0 $0 $0
Northwestern Mutual Life (Director) $0 $0 $0
Healthcare Service Corp (Director) $0 $0 $0
United Healthcare Insurance (Director) $0 $0 $0
Country Life Insurance (Director) $0 $0 $0
Cvs Health Aetna (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,512,124
Expenses
$10,963,853
Net Income
$3,548,271
Net Assets
$75,967,354
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,631,222
80.1%
Investment Income $2,880,902
19.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $517,470
4.7%
Professional Fundraising Fees $0
Other Salaries and Wages $481,462
4.4%
Assets/Debt
Total Assets $89,725,084
Total Liabilities $13,757,730
Net Assets $75,967,354
Compensation
Key Employees and Officers Compensation Related Other
Janis D Potter (Executive Director) $453,222 $0 $64,248
Lillian Cilano (Controller) $204,182 $0 $36,078
David K Hill (Chair) $0 $0 $0
James R Jones (Doi Appointee) $0 $0 $0
Prudential Insurance Co (Director) $0 $0 $0
Aetna Life Insurance Co (Director) $0 $0 $0
State Farm Life Insurance (Director) $0 $0 $0
Principal Life Insurance (Director) $0 $0 $0
Trustmark Insurance Co (Director) $0 $0 $0
Northwestern Mutual Life (Director) $0 $0 $0
Healthcare Service Corp (Director) $0 $0 $0
United Healthcare Insurance (Director) $0 $0 $0
Country Life Insurance (Director) $0 $0 $0
Chad Allen (Secretary Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,114,389
Expenses
$11,032,282
Net Income
-$4,917,893
Net Assets
$68,843,944
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,458,002
56.6%
Investment Income $2,656,387
43.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $498,681
4.5%
Professional Fundraising Fees $0
Other Salaries and Wages $484,963
4.4%
Assets/Debt
Total Assets $82,535,675
Total Liabilities $13,691,731
Net Assets $68,843,944
Compensation
Key Employees and Officers Compensation Related Other
Janis D Potter (Executive Director) $440,750 $0 $57,941
Lillian Cilano (Controller) $200,505 $0 $47,339
David Hill (Vice Chair) $0 $0 $0
James Jones (Doi Appointee) $0 $0 $0
Daniel Rodgers (Doi Appointee) $0 $0 $0
Kelvin Schill (Secretary Treasurer) $0 $0 $0
Jill Wolowitz (Chair) $0 $0 $0
Prudential Insurance Co (Director) $0 $0 $0
Aetna Life Insurance Co (Director) $0 $0 $0
State Farm Life Insurance (Director) $0 $0 $0
Principal Life Insurance (Director) $0 $0 $0
Trustmark Insurance Co (Director) $0 $0 $0
Northwestern Mutual Life (Director) $0 $0 $0
Health Care Service Corp (Director) $0 $0 $0
United Health Care (Director) $0 $0 $0
Country Life Insurance (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$45,042,469
Expenses
$10,777,914
Net Income
$34,264,555
Net Assets
$91,838,653
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $42,763,147
94.9%
Investment Income $2,279,322
5.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $485,467
4.5%
Professional Fundraising Fees $0
Other Salaries and Wages $433,067
4.0%
Assets/Debt
Total Assets $105,017,420
Total Liabilities $13,178,767
Net Assets $91,838,653
Compensation
Key Employees and Officers Compensation Related Other
Janis Potter (Executive Director) $436,954 $0 $48,512
Lillian Cilano (Controller) $187,028 $0 $36,515
James Jones (Doi Appointee) $0 $0 $0
Daniel Rodgers (Doi Appointee) $0 $0 $0
Jill Wolowitz (Chair) $0 $0 $0
Kelvin Schill (Secretary Treasurer) $0 $0 $0
David Hill (Vice Chair) $0 $0 $0
Aetna Life Insurance Company (Director) $0 $0 $0
Country Life Insurance Company (Director) $0 $0 $0
Health Care Service Corporation (Director) $0 $0 $0
Northwestern Mutual Life Insurance Co (Director) $0 $0 $0
Principal Life Insurance Company (Director) $0 $0 $0
Prudential Insurance Co Of America (Director) $0 $0 $0
State Farm Life Insurance Company (Director) $0 $0 $0
Trustmark Insurance Company (Director) $0 $0 $0
Unitedhealthcare Insurance Company Of (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$30,272,519
Expenses
$13,066,002
Net Income
$17,206,517
Net Assets
$61,315,817
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $27,511,709
90.9%
Investment Income $2,760,810
9.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $464,906
3.6%
Professional Fundraising Fees $0
Other Salaries and Wages $370,922
2.8%
Assets/Debt
Total Assets $89,615,352
Total Liabilities $28,299,535
Net Assets $61,315,817
Compensation
Key Employees and Officers Compensation Related Other
Janis Potter (Executive Director) $415,719 $0 $49,186
Lillian Cilano (Controller) $176,414 $0 $29,059
James Jones (Doi Appointee) $0 $0 $0
Kenneth Ulrich (Doi Appointee) $0 $0 $0
Aetna Life Insurance Company (Director) $0 $0 $0
Country Life Insurance Company (Director) $0 $0 $0
Health Care Service Corporation (Director) $0 $0 $0
Northwestern Mutual Life Insurance Co (Director) $0 $0 $0
Principal Life Insurance Company (Director) $0 $0 $0
Prudential Insurance Co Of America (Director) $0 $0 $0
State Farm Life Insurance Company (Director) $0 $0 $0
Trustmark Insurance Company (Director) $0 $0 $0
Unitedhealthcare Insurance Company Of (Director) $0 $0 $0
Jill Wolowitz (Chair) $0 $0 $0
Kelvin Schill (Secretary Treasurer) $0 $0 $0
Matthew Fuss (Vice Chair) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$33,432,522
Expenses
$54,728,305
Net Income
-$21,295,783
Net Assets
$37,919,533
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $32,054,457
95.9%
Investment Income $1,383,026
4.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$4,961
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $616,659
1.1%
Professional Fundraising Fees $0
Other Salaries and Wages $275,512
0.5%
Assets/Debt
Total Assets $88,508,756
Total Liabilities $50,589,223
Net Assets $37,919,533
Compensation
Key Employees and Officers Compensation Related Other
Janis Potter (Executive Director) $375,460 $0 $48,996
Lillian Cilano (Controller) $176,806 $0 $15,449
Kenneth Ulrich (Doi Appointee) $0 $0 $0
Aetna Life Insurance Company (Director) $0 $0 $0
Country Life Insurance Company (Director) $0 $0 $0
Health Care Service Corporation (Director) $0 $0 $0
Northwestern Mutual Life Insurance Co (Director) $0 $0 $0
Principal Life Insurance Company (Director) $0 $0 $0
Prudential Insurance Co Of America (Director) $0 $0 $0
State Farm Life Insurance Company (Director) $0 $0 $0
Trustmark Insurance Company (Director) $0 $0 $0
Unitedhealthcare Insurance Company Of (Director) $0 $0 $0
Kelvin Schill (Chair) $0 $0 $0
Jill Wolowitz (Vice Chair) $0 $0 $0
Leonard Karpowich (Secretary/Treasurer) $0 $0 $0
Matthew Fuss (Secretary/Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$32,191,148
Expenses
$17,890,525
Net Income
$14,300,623
Net Assets
$58,050,072
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $31,182,287
96.9%
Investment Income $1,008,861
3.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $309,117
1.7%
Professional Fundraising Fees $0
Other Salaries and Wages $507,717
2.8%
Assets/Debt
Total Assets $71,881,342
Total Liabilities $13,831,270
Net Assets $58,050,072
Compensation
Key Employees and Officers Compensation Related Other
Janis Potter (Executive Director) $266,468 $0 $42,649
Lillian Cilano (Controller) $105,310 $0 $13,527
Kenneth Ulrich (Doi Appointee) $0 $0 $0
Aetna Life Insurance Company (Director) $0 $0 $0
Country Life Insurance Company (Director) $0 $0 $0
Health Care Service Corporation (Director) $0 $0 $0
Northwestern Mutual Life Insurance Co (Director) $0 $0 $0
Principal Life Insurance Company (Director) $0 $0 $0
Prudential Insurance Co Of America (Director) $0 $0 $0
State Farm Life Insurance Company (Director) $0 $0 $0
Trustmark Insurance Company (Director) $0 $0 $0
Unitedhealthcare Insurance Company Of (Director) $0 $0 $0
Allstate Life Insurance Company (Director) $0 $0 $0
Kelvin Schill (Chair) $0 $0 $0
Jill Wolowitz (Vice Cair) $0 $0 $0
Leonard Karpowich (Secretary/Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$78,794,568
Expenses
$57,822,680
Net Income
$20,971,888
Net Assets
$43,711,950
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $78,105,864
99.1%
Investment Income $688,704
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $232,653
0.4%
Professional Fundraising Fees $0
Other Salaries and Wages $350,636
0.6%
Assets/Debt
Total Assets $55,681,896
Total Liabilities $11,969,946
Net Assets $43,711,950

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,002,215
Expenses
$32,977,261
Net Income
-$21,975,046
Net Assets
$15,186,603
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,176,111
92.5%
Investment Income $826,104
7.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $204,940
0.6%
Professional Fundraising Fees $0
Other Salaries and Wages $262,266
0.8%
Assets/Debt
Total Assets $35,797,139
Total Liabilities $20,610,536
Net Assets $15,186,603

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,538,376
Expenses
$7,792,157
Net Income
$3,746,219
Net Assets
$51,647,884
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,955,532
94.9%
Investment Income $582,844
5.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $186,499
2.4%
Professional Fundraising Fees $0
Other Salaries and Wages $252,138
3.2%
Assets/Debt
Total Assets $57,504,428
Total Liabilities $5,856,544
Net Assets $51,647,884

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,980,516
Expenses
$5,874,358
Net Income
-$1,893,842
Net Assets
$48,336,225
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,524,383
88.5%
Investment Income $456,133
11.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $177,173
3.0%
Professional Fundraising Fees $0
Other Salaries and Wages $254,076
4.3%
Assets/Debt
Total Assets $53,540,985
Total Liabilities $5,204,760
Net Assets $48,336,225

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,169,802
Expenses
$3,192,628
Net Income
-$1,022,826
Net Assets
$52,006,398
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,109,628
97.2%
Investment Income $60,174
2.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $53,343
1.7%
Professional Fundraising Fees $0
Other Salaries and Wages $63,220
2.0%
Assets/Debt
Total Assets $55,924,795
Total Liabilities $3,918,397
Net Assets $52,006,398

Document Links

Fiscal Year Ending Sept.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$31,162,907
Expenses
$30,411,863
Net Income
$751,044
Net Assets
$53,171,693
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $30,677,712
98.4%
Investment Income $482,440
1.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $2,755
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $163,928
0.5%
Professional Fundraising Fees $0
Other Salaries and Wages $438,885
1.4%
Assets/Debt
Total Assets $56,982,660
Total Liabilities $3,810,967
Net Assets $53,171,693

Document Links

Fiscal Year Ending Sept.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$21,771,832
Expenses
$45,277,720
Net Income
-$23,505,888
Net Assets
$54,408,346
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $20,669,552
94.9%
Investment Income $1,102,280
5.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $123,736
0.3%
Professional Fundraising Fees $0
Other Salaries and Wages $277,942
0.6%
Assets/Debt
Total Assets $59,719,128
Total Liabilities $5,310,782
Net Assets $54,408,346

Document Links

Fiscal Year Ending Sept.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$21,314,627
Expenses
$15,448,298
Net Income
$5,866,329
Net Assets
$77,693,608
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $20,334,539
95.4%
Investment Income $980,088
4.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $186,007
1.2%
Professional Fundraising Fees $0
Other Salaries and Wages $271,052
1.8%
Assets/Debt
Total Assets $81,668,807
Total Liabilities $3,975,199
Net Assets $77,693,608

Document Links

Fiscal Year Ending Sept.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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