NonprofitsIllinois Bankers Group Insurance Trust

Illinois Bankers Group Insurance Trust

SPRINGFIELD, IL

Total revenue

$22.7M

Total expenses

$23.6M

Net assets

$4.8M

Grants received

EIN

376082547

Tax year

2023

Mission

To provide life, accident, health, dental, vision and disability insurance for eligible employees and retirees of illinois bankers association members.

Programs

2 programs

N/A

N/A

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$22.5M
Investment income$198K
Other revenue
Total revenue$22.7M

Expenses

Grants paid
Salaries & benefits$243K
Fundraising
Other expenses$507K
Total expenses$23.6M
Total assets$7.1M
Net assets$4.8M

People

8 listed

NameRoleCompensation

CRAIG HEPNER

VICE CHAIRMAN

Board

2 hrs/wk

KENNETH B ELMORE

TRUSTEE

Board

2 hrs/wk

TJ BURGE

TRUSTEE

Board

2 hrs/wk

DANE CLEVEN

CHAIRMAN

Board

2 hrs/wk

JUSTIN FENTRESS

TRUSTEE

Board

2 hrs/wk

KATHLEEN MARINANGEL

TRUSTEE

Board

2 hrs/wk

WALTER HASSELBRING III

TRUSTEE

Board

2 hrs/wk

MICHAEL M MAHORNEY

SENIOR TRUST ADVISOR

Staff

$135K

40 hrs/wk

Details

EIN376082547
Subsection09
Ruling date1968-11
Formed1967
Employees2
Volunteers0
ILLINOIS BANKERS GROUP INSURANCE TRUST — Mission, Financials & Grants Received | Grantivo