Nonprofits›Illinois Insurance Guaranty Fund

Illinois Insurance Guaranty Fund

CHICAGO, IL

Website

Total revenue

$15.2M

Total expenses

$14.2M

Net assets

$150.6M

Grants received

—

EIN

362737437

Tax year

2024

Mission

Protect policyholders of property and casualty insurance companies doing business in illinois against loss in the event of insolvency of the insurance company.

Financials

FY 2024

Revenue

Contributions & grants—
Program service revenue$9.9M
Investment income$5.2M
Other revenue—
Total revenue$15.2M

Expenses

Grants paid—
Salaries & benefits$2.3M
Fundraising—
Other expenses$11.9M
Total expenses$14.2M
Total assets$153.9M
Net assets$150.6M

People

16 listed

NameRoleCompensation

TIM SCHOTKE

EXECUTIVE DI

Board

$311K

40 hrs/wk

LATOYA HINES

CONTROLLER

Board

$208K

40 hrs/wk

MICHAEL PAQUETTE

DIRECTOR

Board

—

0

CHRISTOPHER WASSON

DIRECTOR

Board

—

0

ANDREA DOSS

DIRECTOR

Board

—

0

DOUG ELLERMAN

DIRECTOR

Board

—

0

JOHN MATHEWS

DIRECTOR

Board

—

0

STACIE GRAHAM

CHAIR

Board

—

0

JOYCE HALL MELLINGER

VICE CHAIRMA

Board

—

0

AMBER MITCHELL

SECRETARY

Board

—

0

PAUL BLUME JR

DIRECTOR

Board

—

0

JENNIFER ELLIN

DIRECTOR

Board

—

0

VALERIE MCGREGOR

CLAIMS DIREC

Staff

$194K

40 hrs/wk

MICHAEL DICKEY

IT MANAGER

Staff

$141K

40 hrs/wk

MICHAEL LEVESQUE

SR. CLAIMS E

Staff

$110K

40 hrs/wk

LAUREN WILK

SR. CLAIMS E

Staff

$103K

40 hrs/wk

Independent contractors

ORIGAMI RISK LLC

SOFTWARE SERVIC

$878K

TROUTMAN PEPPER LOCKE

LEGAL SERVICES

$343K

ANCEL GLINK DIAMOND BUSH DICIAN

LEGAL SERVICE

$334K

MEDICALSERVICEQUOTES

PHARMACY PROGRA

$316K

PAYDEN AND RYGEL

INVESTMENTS

$267K

Details

EIN362737437
Subsection06
Ruling date1972-10
Formed1971
Employees14
Volunteers11
ILLINOIS INSURANCE GUARANTY FUND — Mission, Financials & Grants Received | Grantivo