ILLINOIS LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- ILLINOIS LIFE & HEALTH INSURANCE GUARANTY ASSOCIATION (EIN 36-3117539)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-06-05
- IRS object ID
- 201911569349301001
- Schema version
- 2018v3.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-06-05T15:22:23-05:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 381357951 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PLANTE & MORAN PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 S RIVERSIDE PLAZA 9TH FLOOR | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2018-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 363117539 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ILLINOIS LIFE AND HEALTH INSURANCE | BusinessNameLine1Txt |
| Business Name Line2 | GUARANTY ASSOCIATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ILLI | BusinessNameControlTxt |
| Phone | 7734444072 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 901 WARRENVILLE ROAD SUITE 400 | AddressLine1Txt |
| City | LISLE | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60532 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JANIS POTTER | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 7734444072 | PhoneNum |
| Signature | 2019-06-03 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LU ANN TRAPP | PreparerPersonNm |
| PTIN | P01506476 | PTIN |
| Phone | 3122071040 | PhoneNum |
| Preparation | 2019-06-03 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 69.136.173.86 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-06-03 | IPDt |
| IP Tm | 16:11:29 | IPTm |
| IP Timezone | CD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 15AFACDE74AD926CF7DD083ABD650856FF519615 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | BC3C601473DBFA21F2EC98090FDE5B85B06AE70F | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Principal Officer | JANIS POTTER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 901 WARRENVILLE ROAD SUITE 400 | AddressLine1Txt |
| City | LISLE | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60532 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $32,191,148 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.ILHIGA.ORG | WebsiteAddressTxt |
| Type Of Organization Assoc | Yes (X) | TypeOfOrganizationAssocInd |
| Formation | 1980 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | THE ASSOCIATION WAS ORGANIZED IN 1980 UNDER CHAPTER 215, ARTICLE XXXIII-I12 OF THE ILLINOIS INSURANCE CODE (THE "ACT") TO ASSURE THE FULFILLMENT OF COVERED POLICY OBLIGATIONS OF MEMBER INSURERS THAT ARE DETERMINED TO BE INSOLVENT BY A STATE DIRECTOR OF INSURANCE OR OTHER APPROPRIATE AUTHORITY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 9 | TotalEmployeeCnt |
| Total Volunteers | 10 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $78,105,864 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $31,182,287 | CYProgramServiceRevenueAmt |
| PY Investment Income | $688,704 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,008,861 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $78,794,568 | PYTotalRevenueAmt |
| CY Total Revenue | $32,191,148 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $721,004 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,048,271 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $57,101,676 | PYOtherExpensesAmt |
| CY Other Expenses | $16,842,254 | CYOtherExpensesAmt |
| PY Total Expenses | $57,822,680 | PYTotalExpensesAmt |
| CY Total Expenses | $17,890,525 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $20,971,888 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $14,300,623 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $55,681,896 | TotalAssetsBOYAmt |
| Total Assets EOY | $71,881,342 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $11,969,946 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $13,831,270 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $43,711,950 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $58,050,072 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O | MissionDesc |
| Significant New Program Srvc | Yes (1) | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | TOTAL EXPENSES DURING 2018 WERE $17.89 MILLION, OF WHICH $12.89 MILLION WAS PAID TO OR ON BEHALF OF POLICYHOLDERS AND $.75 MILLION WAS PAID TO THIRD PARTY ADMINISTRATORS. REVENUE DURING 2018 TOTALED $32.19 MILLION OF WHICH $22.65 MILLION WERE CLASS B ASSESSMENTS, $3.34 MILLION WERE DISTRIBUTIONS FROM THE RECEIVER, $5.19 MILLION WERE PREMIUMS AND $1.01 MILLION WAS NET INVESTMENT INCOME. | Desc |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 484 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 9 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 10 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JANIS D POTTER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7734444072 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 901 WARRENVILLE ROAD SUITE 400 | AddressLine1Txt |
| City | LISLE | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60532 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Institutional TrusteeInstitutionalTrusteeInd | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| KENNETH ULRICH | |||||||||
| DOI APPOINTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| AETNA LIFE INSURANCE COMPANY | |||||||||
| DIRECTOR | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| COUNTRY LIFE INSURANCE COMPANY | |||||||||
| DIRECTOR | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| HEALTH CARE SERVICE CORPORATION | |||||||||
| DIRECTOR | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| NORTHWESTERN MUTUAL LIFE INSURANCE CO | |||||||||
| DIRECTOR | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| PRINCIPAL LIFE INSURANCE COMPANY | |||||||||
| DIRECTOR | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| PRUDENTIAL INSURANCE CO OF AMERICA | |||||||||
| DIRECTOR | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| STATE FARM LIFE INSURANCE COMPANY | |||||||||
| DIRECTOR | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| TRUSTMARK INSURANCE COMPANY | |||||||||
| DIRECTOR | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| UNITEDHEALTHCARE INSURANCE COMPANY OF | |||||||||
| DIRECTOR | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| ALLSTATE LIFE INSURANCE COMPANY | |||||||||
| DIRECTOR | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| KELVIN SCHILL | |||||||||
| CHAIR | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| JILL WOLOWITZ | |||||||||
| VICE CAIR | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| LEONARD KARPOWICH | |||||||||
| SECRETARY/TREASURER | 1.00 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| JANIS POTTER | |||||||||
| EXECUTIVE DIRECTOR | 40.00 | 0.00 | $266,468 | $0 | $42,649 | Yes (X) | |||
| LILLIAN CILANO | |||||||||
| CONTROLLER | 40.00 | 0.00 | $105,310 | $0 | $13,527 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $371,778 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $56,176 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| LEWIS ROCA ROTHGERBER CHRISTIE LLP | |||||
| 1200 SEVENTEENTH STREET SUITE 3000 | DENVER | CO | 80202 | LEGAL SERVICES | $1,078,387 |
| EVOLENT HEALTH LLC | |||||
| 800 N GLEBE ROAD SUITE 500 | ARLINGTON | VA | 22203 | TPA SERVICES | $151,750 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| ASSESSMENTS | 524298 | $22,651,263 | $22,651,263 |
| PREMIUMS | 524298 | $5,190,951 | $5,190,951 |
| ESTATE RECOVERIES | 524298 | $3,340,073 | $3,340,073 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $31,182,287 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,008,861 | TotalRevenueColumnAmt |
| Exclusion | $1,008,861 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $32,191,148 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $31,182,287 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,008,861 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $309,117 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $507,717 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,636 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $150,408 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,393 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,241,526 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,532 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,403 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $291,455 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $123,356 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $165,917 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $109,438 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,967 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,259 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,023 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,182 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| BENEFITS TO POLICY HOLD | $12,893,808 |
| EXPENSES PAID TO NOLHGA | $939,321 |
| THIRD PARTY ADMINISTRAT | $748,304 |
| EQUIPMENT MAINTENANCE | $22,899 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $85,864 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,890,525 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,450,633 | BOYAmt |
| EOY | -$96,262 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,956,148 | BOYAmt |
| EOY | $4,094,831 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,950 | BOYAmt |
| EOY | $9,362 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,704 | BOYAmt |
| EOY | $54,405 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $229,839 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $193,876 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,455 | BOYAmt |
| EOY | $35,963 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,478,550 | BOYAmt |
| EOY | $67,568,442 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,710,456 | BOYAmt |
| EOY | $214,601 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,681,896 | BOYAmt |
| EOY | $71,881,342 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $60,087 | BOYAmt |
| EOY | $209,533 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,909,859 | BOYAmt |
| EOY | $13,621,737 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,969,946 | BOYAmt |
| EOY | $13,831,270 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,039,891 | BOYAmt |
| EOY | $318,231 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,672,059 | BOYAmt |
| EOY | $57,731,841 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,711,950 | BOYAmt |
| EOY | $58,050,072 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,681,896 | BOYAmt |
| EOY | $71,881,342 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $14,300,623 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$301,738 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $339,235 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Other | Yes (X) | MethodOfAccountingOtherInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $229,839 | OtherCostOrOtherBasisAmt |
| Depreciation | $193,876 | DepreciationAmt |
| Book Value | $35,963 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $35,963 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| RESERVE FOR CLOSED/NON-ACTIVATED | $13,534,757 |
| ASSESSMENT SUSPENSE | $18,380 |
| DEFERRED RENT | $68,600 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $13,621,737 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $15,761 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $15,761 | RevenueSubtotalAmt |
| Other Revenues Not Included | $32,175,387 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $32,175,387 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $32,191,148 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $806,845 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $806,845 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $17,083,679 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $17,083,679 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $17,890,524 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | MANAGEMENT EVALUATES THE ASSOCIATION'S EXPOSURE FOR UNCERTAIN TAX POSITIONS AT EACH REPORTING PERIOD. AS OF DECEMBER 31, 2018, MANAGEMENT BELIEVES THE ASSOCIATION HAS NO MATERIAL UNCERTAIN TAX POSITIONS, AND, THEREFORE, NO SUCH LIABILITIES HAVE BEEN RECORDED. THE ASSOCIATION WOULD ACCOUNT FOR ANY POTENTIAL INTEREST OR PENALTIES RELATED TO POSSIBLE FUTURE LIABILITIES FOR UNRECOGNIZED INCOME TAX BENEFITS AS INCOME TAX EXPENSE. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | REVENUE FROM INSOLVENT ESTATES AND INTERCOMPANY ADJUSTMENTS 32,175,387. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | EXPENSES FROM INSOLVENT ESTATES AND INTERCOMPANY ADJUSTMENTS 17,083,679. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JANIS POTTER | PersonNm |
| Title | EXECUTIVE DIRECTOR | TitleTxt |
| Base Compensation Filing Org | $197,200 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $35,000 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $34,268 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $30,081 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $12,568 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $309,117 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (12 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 1 - ORGANIZATION'S MISSION | THE PURPOSE OF THE ASSOCIATION, AS DEFINED IN CHAPTER 215, ARTICLE XXXIII-I12 OF THE ILLINOIS INSURANCE CODE (THE "ACT"), 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 THE PAYMENT OF BENEFITS OR CONTINUATION OF COVERAGE, SUBJECT TO CERTAIN STATUTORY LIMITATIONS. ON AUGUST 3, 2018, THE ILLINOIS GOVERNOR SIGNED INTO LAW HOUSE BILL 5251 WHICH, AMONG OTHER THINGS, HAD THE EFFECT OF MERGING THE ILLINOIS HEALTH MAINTENANCE ORGANIZATION GUARANTY ASSOCIATION WITH AND INTO THE ILLINOIS LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION. THUS,THE ILLINOIS LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION IS THE SUCCESSOR TO THE ILLINOIS HEALTH MAINTENANCE ORGANIZATION GUARANTY ASSOCIATION AS OF AUGUST 3, 2018, SUBJECT TO THE PROVISIONS OF HOUSE BILL 5251. AS A RESULT, HEALTH MAINTENANCE ORGANIZATIONS HAVE BEEN ADDED AS MEMBER INSURERS OF THE ILLINOIS LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION AND THEIR ENROLLEES, INCLUDING THE ENROLLEES' ASSIGNEES, PAYEES AND BENEFICIARIES, ARE NOW PROTECTED BY THE ILLINOIS LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION, SUBJECT TO THE PROVISIONS OF THE ACT. |
| FORM 990, PART III, LINE 2 | HOUSE BILL 5251 WAS SIGNED INTO LAW BY GOVERNOR RAUNER ON AUGUST 3, 2018. THE BILL PROVIDED FOR NUMEROUS AMENDMENTS TO THE ILLINOIS LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION ACT (THE "ACT") TO CONFORM WITH A NEW NAIC MODEL ACT ADOPTED BY THE NAIC IN LATE 2017. AMONG OTHER THINGS, HOUSE BILL 5251 PROVIDED THAT, IMMEDIATELY UPON ITS PASSAGE AND SIGNATURE INTO LAW, THE ILLINOIS LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION (THE "ASSOCIATION") AND THE ILLINOIS HEALTH MAINTENANCE ORGANIZATION ASSOCIATION (IHMOGA) BE MERGED INTO A SINGLE ASSOCIATION. EFFECTIVE AUGUST 3, 2018, THE IHMOGA, BY OPERATION OF LAW, MERGED WITH AND INTO THE ASSOCIATION, SUCH THAT THE ILLINOIS LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION IS THE SURVIVING ASSOCIATION OF THE MERGER. AT THE EFFECTIVE TIME OF THE MERGER, THE IHMOGA CEASED TO EXIST SEPARATELY AND ALL ASSETS AND LIABILITIES WERE TRANSFERRED TO THE ASSOCIATION SUBJECT TO PROVISIONS OF HOUSE BILL 5251. |
| FORM 990, PART VI, SECTION A, LINE 6 | UNDER ILLINOIS STATUTE, ALL INSURANCE COMPANIES AND HEALTH MAINTENANCE ORGANIZATIONS WHICH ARE LICENSED TO WRITE LIFE INSURANCE POLICIES, HEALTH INSURANCE POLICIES, HEALTH BENEFIT PLANS, ANNUITY CONTRACTS, UNALLOCATED ANNUITY CONTRACTS AND CONTRACTS SUPPLEMENTAL THERETO ARE REQUIRED TO BE MEMBER INSURERS OF THE ASSOCIATION. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE MEMBER INSURERS ELECT SEVEN TO NINE MEMBER INSURERS TO BE REPRESENTED ON THE ASSOCIATION'S BOARD OF DIRECTORS. PER STATUTE, THE DIRECTOR OF THE ILLINOIS DEPARTMENT OF INSURANCE MAY APPOINT TWO PUBLIC REPRESENTATIVES TO THE BOARD OF DIRECTORS. CURRENTLY THE DIRECTOR HAS APPOINTED ONE PUBLIC MEMBER TO THE ASSOCIATION'S BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 7B | ALL CHANGES TO THE ASSOCIATION'S PLAN OF OPERATION ARE SUBJECT TO APPROVAL BY THE ILLINOIS INSURANCE DEPARTMENT DIRECTOR OF INSURANCE. THE PLAN OF OPERATION WAS UPDATED AND APPROVED BY THE DIRECTOR OF THE ILLINOIS DEPARTMENT OF INSURANCE IN OCTOBER 2018. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 SUPPORTING INFORMATION IS PREPARED BY THE ASSOCIATION'S CONTROLLER AND REVIEWED BY THE EXECUTIVE DIRECTOR. THE FORM 990 IS THEN PREPARED BY THE ASSOCIATION'S INDEPENDENT, EXTERNAL TAX PROFESSIONAL AND SUGGESTIONS/COMMENTS ARE TAKEN INTO CONSIDERATION BY THE ASSOCIATION'S CONTROLLER. MANAGEMENT PRESENTS THE FORM 990 TO THE FULL BOARD OF DIRECTORS FOR REVIEW AND APPROVAL. ONCE APPROVED BY THE BOARD OF DIRECTORS, THE FORM 990 IS SIGNED BY THE EXECUTIVE DIRECTOR AND FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ASSOCIATION'S EXECUTIVE DIRECTOR IS RESPONSIBLE FOR ENSURING THAT THE ASSOCIATION'S CONFLICT OF INTEREST AND BUSINESS ETHICS POLICY IS DELIVERED AND COMMUNICATED TO ALL "ASSOCIATION PERSONNEL", WHICH INCLUDES THE EXECUTIVE DIRECTOR, THE BOARD OF DIRECTORS, EMPLOYEES, INDEPENDENT CONTRACTORS, LEGAL COUNSEL AND CONSULTANTS. PRIOR TO EACH ANNUAL MEETING, ALL ASSOCIATION PERSONNEL COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE. THESE QUESTIONNAIRES ARE THEN REVIEWED BY THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR THEN FORWARDS THESE QUESTIONNAIRES AND HER RECOMMENDATIONS TO THE ASSOCIATION'S GENERAL COUNSEL AND THE BOARD CHAIR. THE BOARD OF DIRECTORS HAS THE SOLE AUTHORITY TO DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS. |
| FORM 990, PART VI, SECTION B, LINE 15A | COMPENSATION OF THE EXECUTIVE DIRECTOR IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. FORM 990, PART VI, LINE 15B - COMPENSATION PROCESS FOR OTHER OFFICERS/KEY EMPLOYEES: A MORE ACCURATE ANSWER IS N/A AS THERE IS NO OTHER OFFICERS/KEY EMPLOYEES. |
| FORM 990, PART VI, SECTION C, LINE 19 | PER THE ASSOCIATION'S PUBLIC RECORDS POLICY, ALL PERSONS ARE ENTITLED TO ACCESS THE PUBLIC RECORDS OF THE ASSOCIATION. THIS INCLUDES THE ASSOCIATION'S GOVERNANCE POLICIES, INCLUDING THE CONFLICT OF INTEREST AND BUSINESS ETHICS POLICY, AND FINANCIAL STATEMENTS. SUCH INFORMATION IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | IHMOGA ACQUISITION - EXCESS OF ASSETS OVER LIABILITIES 69,424. NET TRANSFERS (TO) FROM THE RESERVE -244,245. PRIOR YEAR CHANGE IN UNREALIZED GAINS(LOSSES) 514,056. |
| FORM 990, PART XII, LINE 2C - FINANCIAL REVIEW PROCESS | THE FINANCIAL STATMENTS OF THE ASSOCIATION ARE AUDITED ANNUALLY BY AN INDEPENDENT EXTERNAL AUDIT FIRM. THE AUDITED FINANCIAL STATEMENTS ARE PRESENTED TO THE AUDIT/FINANCE/INVESTMENT COMMITTEE FOR REVIEW AND APPROVAL. THE AUDIT/FINANCE/INVESTMENT COMMITTEE THEN PRESENTS THE AUDITED FINANCIAL STATEMENTS TO THE FULL BOARD OF DIRECTORS FOR REVIEW AND APPROVAL. |
| FORM 990, PART IV, LINE 34 | UNDER PUBLISHED INSTRUCTIONS FOR THE FORM 990 AND SCHEDULE R, THE FILING ORGANIZATION DOES NOT BELIEVE THAT ANY RELATIONSHIP WITH RELATED ORGANIZATIONS EXIST. HOWEVER, FOR TRANSPARENCY AND INFORMATION PURPOSES, THE FOLLOWING DESCRIPTION OF AN ENTITY SHARING A COMMON OFFICER, DIRECTOR REPRESENTATIVE, EXECUTIVE DIRECTOR AND EXPENSE SHARING IS PROVIDED. UNTIL AUGUST 3, 2018, THE ILLINOIS LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION ("ILHIGA") AND THE ILLINOIS HEALTH MAINTENANCE ORGANIZATION GUARANTY ASSOCIATION ("IHMOGA") SHARED A COMMON OFFICER AND DIRECTOR REPRESENTATIVE. ALSO, THE EXECUTIVE DIRECTOR, JANIS POTTER, WAS THE EXECUTIVE DIRECTOR OF ILHIGA AND IHMOGA. IHMOGA WAS ALSO A 501(C)(6) ORGANIZATION, (TID #**-***6114). EACH ASSOCIATION WAS ORGANIZED AND GOVERNED BY CHAPTER 215 OF THE ILLINOIS INSURANCE CODE. THE EXECUTIVE DIRECTOR HAD TWO EMPLOYMENT CONTRACTS; ONE WITH ILHIGA AND ANOTHER WITH IHMOGA. ILHIGA AND IHMOGA SHARED OFFICE FACILITY AND OVERHEAD EXPENSES. IHMOGA REIMBURSED ILHIGA FOR ACTUAL TIME CHARGED BY ILHIGA STAFF AND ITS SHARE OF OFFICE FACILITY AND OVERHEAD CHARGES BASED UPON ALLOCATION PERCENTAGES APPROVED BY THE RESPECTIVE BOARDS. |