ILLINOIS INSURANCE GUARANTY FUND: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: ILLINOIS INSURANCE GUARANTY FUND (EIN 36-2737437)
Tax period: 2010-01-01 to 2010-12-31
Filed: 2011-05-10
IRS object ID: 201111309349301476
Schema version: 2010v3.2
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
Form 990
Schedule D
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-05-10T11:42:20-07:00	Timestamp
Tax Period End Date	2010-12-31	TaxPeriodEndDate
Return Type	990	ReturnType
Tax Period Begin Date	2010-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	362737437	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	ILLINOIS INSURANCE GUARANTY FUND	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	ILLI	NameControl
Phone	3124229700	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	120 South LaSalle Street	AddressLine1
Address Line2	Suite 1910	AddressLine2
City	Chicago	City
State	IL	State
ZIP Code	60603	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Anne Sharp	Name
Title	Executive Director	Title
Phone	3124229700	Phone
Date Signed	2011-05-10	DateSigned

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	Anne A Sharp - Executive Director	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	120 South LaSalle Street	AddressLine1
Address Line2	Suite 1910	AddressLine2
City	Chicago	City
State	IL	State
ZIP Code	60603	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	21832130	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c	X	Organization501c
Type Of Organization Other	X	TypeOfOrganizationOther
Type Of Org Other Description	Illinois Insurance Guaranty Fund is a statutorily mandated organization.	TypeOfOrgOtherDescription
Year Formation	1971	YearFormation
State Legal Domicile	IL	StateLegalDomicile
Activity Or Mission Description	Protect policyholders of insurance companies doing business in Illinois against loss in the event of insolvency of the insurance company.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	9	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	9	NbrIndependentVotingMembers
Total Nbr Employees	18	TotalNbrEmployees
Total Nbr Volunteers	0	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	0	ContributionsGrantsPriorYear
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	12960084	ProgramServiceRevenuePriorYear
Program Service Revenue CY	19412987	ProgramServiceRevenueCY
Investment Income Prior Year	3012805	InvestmentIncomePriorYear
Investment Income Current Year	2419143	InvestmentIncomeCurrentYear
Other Revenue Prior Year	0	OtherRevenuePriorYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	15972889	TotalRevenuePriorYear
Total Revenue Current Year	21832130	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	0	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	2338167	SalariesEtcPriorYear
Salaries Etc Current Year	2088331	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	24861970	OtherExpensePriorYear
Other Expenses Current Year	16313332	OtherExpensesCurrentYear
Total Expenses Prior Year	27200137	TotalExpensesPriorYear
Total Expenses Current Year	18401663	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-11227248	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	3430467	RevenuesLessExpensesCY
Total Assets BOY	113012506	TotalAssetsBOY
Total Assets EOY	112047176	TotalAssetsEOY
Total Liabilities BOY	14408126	TotalLiabilitiesBOY
Total Liabilities EOY	10012329	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	98604380	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	102034847	NetAssetsOrFundBalancesEOY
Mission Description	To protect against loss due to insolvency of insurance companies of the coverage and unearned premiums of policyholders of insurance companies writing business in the State of Illinois.	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Expense	14999188	Expense
Grants	0	Grants
Revenue	19412987	Revenue
Description	The Illinois Insurance Guaranty Fund is a statutorily mandated organization which paid, when legally due, all covered claims as defined by statute, and otherwise fully discharged its statutory obligation in accordance with Illinois law.	Description
Total Of Other Program Service Exp	0	TotalOfOtherProgramServiceExp
Total Of Other Program Service Grnt	0	TotalOfOtherProgramServiceGrnt
Total Of Other Program Service Rev	0	TotalOfOtherProgramServiceRev
Total Program Service Expense	14999188	TotalProgramServiceExpense
Described In501 C3	0	DescribedIn501C3
Schedule B Required	0	ScheduleBRequired
Political Activities	0	PoliticalActivities
Subject To Proxy Tax	0	SubjectToProxyTax
Donor Advised Funds	0	DonorAdvisedFunds
Conservation Easements	0	ConservationEasements
Collections Of Art	0	CollectionsOfArt
Credit Counseling	0	CreditCounseling
Term Or Permanent Endowments	0	TermOrPermanentEndowments
Report Land Bldg Equip	1	ReportLandBldgEquip
Report Invest Oth Securities	0	ReportInvestOthSecurities
Report Prog Rel Invest	1	ReportProgRelInvest
Report Other Assets	0	ReportOtherAssets
Report Other Liabilities	1	ReportOtherLiabilities
Report Fin48 Footnote	0	ReportFin48Footnote
Independent Audit Financial Stmt	1	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	0	ConsolidatedAuditFinancialStmt
School	0	School
Foreign Office	0	ForeignOffice
Foreign Activities	0	ForeignActivities
More Than5000 K To Organizations	0	MoreThan5000KToOrganizations
More Than5000 K To Individuals	0	MoreThan5000KToIndividuals
Professional Fundraising	0	ProfessionalFundraising
Fundraising Activities	0	FundraisingActivities
Gaming	0	Gaming
Hospital	0	Hospital
Grants To Organizations	0	GrantsToOrganizations
Grants To Individuals	0	GrantsToIndividuals
Schedule J Required	1	ScheduleJRequired
Tax Exempt Bonds	0	TaxExemptBonds
Loan To Officer Or DQP	0	LoanToOfficerOrDQP
Grant To Related Person	0	GrantToRelatedPerson
Bsnss Rltnshp With Organization	0	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	0	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	0	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	0	DeductibleNonCashContributions
Deductible Contributions Of Art	0	DeductibleContributionsOfArt
Terminated	0	Terminated
Partial Liquidation	0	PartialLiquidation
Disregarded Entity	0	DisregardedEntity
Related Entity	0	RelatedEntity
Related Org Controlled Entity	0	RelatedOrgControlledEntity
Transaction Related Entity	0	TransactionRelatedEntity
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	250	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	1	ComplianceWithBackupWitholding
Number Of Employees	18	NumberOfEmployees
Employment Tax Returns Filed	1	EmploymentTaxReturnsFiled
Unrelated Business Income	0	UnrelatedBusinessIncome
Foreign Financial Account	0	ForeignFinancialAccount
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTrans
Taxable Party Notification	0	TaxablePartyNotification
Non Deductible Contributions	0	NonDeductibleContributions
Indoor Tanning Services	0	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	9	NbrVotingGoverningBodyMembers
Number Independent Voting Members	9	NumberIndependentVotingMembers
Family Or Business Relationship	0	FamilyOrBusinessRelationship
Delegation Of Management Duties	0	DelegationOfManagementDuties
Changes To Organizing Docs	0	ChangesToOrganizingDocs
Material Diversion Or Misuse	0	MaterialDiversionOrMisuse
Members Or Stockholders	1	MembersOrStockholders
Election Of Board Members	1	ElectionOfBoardMembers
Decisions Subject To Approval	1	DecisionsSubjectToApproval
Minutes Of Governing Body	1	MinutesOfGoverningBody
Minutes Of Committees	0	MinutesOfCommittees
Officer Mailing Address	0	OfficerMailingAddress
Local Chapters	0	LocalChapters
Form990 Provided To Governing Body	1	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	1	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	1	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	1	RegularMonitoringEnforcement
Whistleblower Policy	1	WhistleblowerPolicy
Document Retention Policy	1	DocumentRetentionPolicy
Compensation Process CEO	1	CompensationProcessCEO
Compensation Process Other	1	CompensationProcessOther
Investment In Joint Venture	0	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	Timothy Schotke	NamePerson
Telephone Number	3124229700	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	120 South LaSalle Street	AddressLine1
Address Line2	Suite 1910	AddressLine2
City	Chicago	City
State	IL	State
ZIP Code	60603	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (14 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Key EmployeeKeyEmployee	Highest Compensated EmployeeHighestCompensatedEmployee	FormerFormer
Peter Borowski
Chairman	0	X	0	0	0
Joseph Meils
Director	0	X	0	0	0
Michelle Miller
Director	0	X	0	0	0
John Mathews
Director	0	X	0	0	0
Cathy Wallace
Director	0	X	0	0	0
Randy Seiner
Director	0	X	0	0	0
Bradley Roeber
Director	0	X	0	0	0
Joyce Hall Mellinger
Director	0	X	0	0	0
John Washburn
Director	0	X	0	0	0
Anne A Sharp
Executive Director	40		224384	0	45150	X	X	X
Bruce Moser
Former Controller	40		111428	0	39820	X		X	X
Timothy Schotke
Controller	40		26796	0	6444	X		X
Raymond Fleming
Claims Director	40		146014	0	36708			X
Gregory Jankowski
Claims Director	40		112799	0	38756			X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	621421	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	166878	TotalOtherCompensation
Number Individuals GT100 K	4	NumberIndividualsGT100K
Formers Listed	1	FormersListed
Total Comp GT150 K	1	TotalCompGT150K
Compensation From Other Sources	0	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (4 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation	Address Line2AddressOfContractor/AddressUS/AddressLine2
Locke Lord Bissell Liddell
111 South Wacker Drive	Chicago	IL	60606	Legal	525850
Lightspeed Data Solutions Inc
6330 San Vicente Blvd	Los Angeles	CA	90048	Information Technology	246131
JPMorgan Chase
10 South Dearborn	Chicago	IL	60603	Investment Management Fees	188950
Corvel Corporation
3010 Highland Parkway	Downers Grove	IL	60515	Medical Bill Review	116011	Suite 600

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	4	NumberOfContractorsGT100K
Total Contributions	0	TotalContributions

Program Service Revenue ProgramServiceRevenue (2 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	Unrelated Business RevenueUnrelatedBusinessRevenue	ExclusionExclusionAmount
Membership Assessments	524298	1500000	1500000	0	$0
Advances from Liquidators	524298	17912987	17912987	0	$0

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Field	Value	IRS element (for citing)
Total Program Service Revenue	19412987	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	2419143	TotalRevenueColumn
Related Or Exempt Function Income	2419143	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	0	Real
Personal	0	Personal

Less Rental Expenses LessRentalExpenses

Field	Value	IRS element (for citing)
Real	0	Real
Personal	0	Personal

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	0	Real
Personal	0	Personal

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	0	Securities
Other	0	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	0	Securities
Other	0	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	0	Securities
Other	0	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	0	GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events	0	CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses	0	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Gaming	0	GrossIncomeGaming
Gaming Direct Expenses	0	GamingDirectExpenses

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	0	GrossSalesOfInventory
Cost Of Goods Sold	0	CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Field	Value	IRS element (for citing)
Total Other Revenue	0	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	21832130	TotalRevenueColumn
Related Or Exempt Function Income	21832130	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$0	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	780423	Total
Program Services	0	ProgramServices
Management And General	780423	ManagementAndGeneral
Fundraising	0	Fundraising

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	729113	Total
Program Services	0	ProgramServices
Management And General	729113	ManagementAndGeneral
Fundraising	0	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	111340	Total
Program Services	0	ProgramServices
Management And General	111340	ManagementAndGeneral
Fundraising	0	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	365086	Total
Program Services	0	ProgramServices
Management And General	365086	ManagementAndGeneral
Fundraising	0	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	102369	Total
Program Services	0	ProgramServices
Management And General	102369	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	386451	Total
Program Services	162534	ProgramServices
Management And General	223917	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	100995	Total
Program Services	0	ProgramServices
Management And General	100995	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	0	Total
Fundraising	0	Fundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	188950	Total
Program Services	0	ProgramServices
Management And General	188950	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	-262245	Total
Program Services	-323352	ProgramServices
Management And General	61107	ManagementAndGeneral
Fundraising	0	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	254253	Total
Program Services	0	ProgramServices
Management And General	254253	ManagementAndGeneral
Fundraising	0	Fundraising

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	293014	Total
Program Services	0	ProgramServices
Management And General	293014	ManagementAndGeneral
Fundraising	0	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	23803	Total
Program Services	0	ProgramServices
Management And General	23803	ManagementAndGeneral
Fundraising	0	Fundraising

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	2093	Total
Program Services	0	ProgramServices
Management And General	2093	ManagementAndGeneral
Fundraising	0	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	14232	Total
Program Services	0	ProgramServices
Management And General	14232	ManagementAndGeneral
Fundraising	0	Fundraising

Insurance Insurance

Field	Value	IRS element (for citing)
Total	35119	Total
Program Services	0	ProgramServices
Management And General	35119	ManagementAndGeneral
Fundraising	0	Fundraising

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
Refund of Member Expenses	6524501	6524501	0
Claims Payments to Policyholders	8623410	8623410	0
Unearned Premium Payments	12095	12095	0
Membership Dues	109768	0	109768

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	6893	Total
Program Services	0	ProgramServices
Management And General	6893	ManagementAndGeneral
Fundraising	0	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	18401663	Total
Program Services	14999188	ProgramServices
Management And General	3402475	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	52109939	BOY
EOY	59541799	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	-1291955	BOY
EOY	-96967	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	468425	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	436428	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	33674	BOY
EOY	31997	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
BOY	61137095	BOY
EOY	51960811	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	1023753	BOY
EOY	609536	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	113012506	BOY
EOY	112047176	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	1941185	BOY
EOY	2028315	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	12466941	BOY
EOY	7984014	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	14408126	BOY
EOY	10012329	EOY

Field	Value	IRS element (for citing)
Do Not Follow SFAS117	X	DoNotFollowSFAS117

Cap Stck Trst Prin Current Funds CapStckTrstPrinCurrentFunds

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Paid In Cap Srpls Land Bldg Eqp Fund PaidInCapSrplsLandBldgEqpFund

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc

Field	Value	IRS element (for citing)
BOY	98604380	BOY
EOY	102034847	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	98604380	BOY
EOY	102034847	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	113012506	BOY
EOY	112047176	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	3430467	ReconcilationRevenueExpenses
Reconcilation Other Changes	0	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	1	FSAudited
Audit Committee	1	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	0	FederalGrantAuditRequired

Schedule D IRS990ScheduleD

Land Land

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	0	OtherCostOrOtherBasis
Book Value	0	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	0	OtherCostOrOtherBasis
Depreciation	0	Depreciation
Book Value	0	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	24384	OtherCostOrOtherBasis
Depreciation	24384	Depreciation
Book Value	0	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	444041	OtherCostOrOtherBasis
Depreciation	412044	Depreciation
Book Value	31997	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	0	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	0	OtherCostOrOtherBasis
Depreciation	0	Depreciation
Book Value	0	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	31997	TotalOfBookValueLandBuildings

Investments Program Related InvestmentsProgramRelated (3 entries)

DescriptionDescription	Book ValueBookValue	Method Of ValuationMethodOfValuation
Mortgage-backed Short-term Bonds	43053644	F
Asset-backed Short-term Bonds	8895981	F
Corporate & Other Short-term Bonds	11186	F

Field	Value	IRS element (for citing)
Total Of Book Value Program Related	51960811	TotalOfBookValueProgramRelated
Federal Income Tax Liability	0	FederalIncomeTaxLiability

Other Liabilities OtherLiabilities (3 entries)

DescriptionDescription	AmountAmount
Return Assessments Payable - Other	$5,542,218
Return Assessments Payable - Auto	$1,250,946
Outstanding Checks Payable	$1,190,850

Field	Value	IRS element (for citing)
Total Of Amounts	7984014	TotalOfAmounts
Total Revenue	21832130	TotalRevenue
Total Expenses	18401663	TotalExpenses
Excess Or Deficit For Year	3430467	ExcessOrDeficitForYear
Net Unrealized GL On Investments	0	NetUnrealizedGLOnInvestments
Donated Services And Facilities	0	DonatedServicesAndFacilities
Investment Expenses	0	InvestmentExpenses
Prior Period Adjustments	0	PriorPeriodAdjustments
Other	$0	OtherAmount
Total Adjustments	0	TotalAdjustments
Excess Or Deficit Per FS	3430467	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	22100793	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	0	NetUnrealizedGainsInvestments
Donated Srvc And Use Of Facilities	0	DonatedSrvcAndUseOfFacilities
Recoveries Of Prior Year Grants	0	RecoveriesOfPriorYearGrants
Other Revenues	268663	OtherRevenues
Revenue Not Rptd F990	268663	RevenueNotRptdF990
Revenue Subtotal	21832130	RevenueSubtotal
Investment Expenses Not Included	0	InvestmentExpensesNotIncluded
Other Revenues Not Included	0	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	0	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	21832130	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	18670326	TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities	0	DonatedServicesUseOfFacilities
Prior Year Adjustments	0	PriorYearAdjustments
Losses Reported	0	LossesReported
Other Expenses Included	268663	OtherExpensesIncluded
Expenses Not Rptd F990	268663	ExpensesNotRptdF990
Expenses Subtotal	18401663	ExpensesSubtotal
Investment Expenses Not Included2	0	InvestmentExpensesNotIncluded2
Other Expenses Not Included	0	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	0	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	18401663	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
SchD_P10_S00_L01	Schedule D, Part X, Line 1	The Guaranty Fund is exempt from federal income taxes under Internal Revenue Code Section 501(c)(6) and from state income taxes under the provisions of Illinois statute, except for taxes applied to unrelated business income. The Guaranty Fund has no unrelated business income and has therefore made no provision for federal or state income taxes in its financial statements.
SchD_P12_S00_L02d	Schedule D, Part XII, Line 2d	This amount represents expense recoveries.
SchD_P13_S00_L02d	Schedule D, Part XIII, Line 2d	This amount represents expense recoveries.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Committee	X	CompensationCommittee
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	0	SeverancePayment
Supplemental Nonqual Retire Plan	0	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	0	EquityBasedCompArrangement

Form990 Schedule J Part II Form990ScheduleJPartII (3 entries)

Base Compensation Filing OrgBaseCompensationFilingOrg	Comp Based On Related OrgsCompBasedOnRelatedOrgs	Bonus Filing OrgBonusFilingOrg	Bonus Related OrgsBonusRelatedOrgs	Other Compensation Filing OrgOtherCompensationFilingOrg	Other Compensation Related OrgsOtherCompensationRelatedOrgs	Deferred Comp Filing OrgDeferredCompFilingOrg	Deferred Comp Related OrgsDeferredCompRelatedOrgs	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs	Total Compensation Filing OrgTotalCompensationFilingOrg	Total Compensation Related OrgsTotalCompensationRelatedOrgs	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg	Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
Anne A Sharp
221224	0	0	0	3160	0	34140	0	11010	0	269534	0	263202	0
Raymond Fleming
144129	0	0	0	1885	0	21920	0	14788	0	182722	0	178086	0
Gregory Jankowski
112046	0	0	0	753	0	17485	0	21271	0	151555	0	136444	0

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (8 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
F990_P06_S0A_L06	Form 990, Part VI, Section A, Line 6	Members are the 1064 companies authorized to write property/casualty insurance in the State of Illinois.
F990_P06_S0A_L07a	Form 990, Part VI, Section A, Line 7a	Member companies elect directors at the annual meeting to serve three year non-concurrent terms. The election is conducted on the basis of one vote for each member company. Vacancies on the Board are filled by a person elected by the remaining directors for the balance of the term of the vacating director. All directors are subject to the approval of the Director of Insurance on the State of Illinois.
F990_P06_S0A_L07b	Form 990, Part VI, Section A, Line 7b	This applies only to approval of directors. Upon election to the Board of Directors and upon filling a vacancy on the Board, the organization notifies the Director of Insurance and requests his written approval. If within ten days following such notification and request, the Director does not approve or disapprove the directors elected, the directors shall be deemed approved.
F990_P06_S0A_L08b	Form 990, Part VI, Section A, Line 8b	All committee meetings have counsel in attendance to advise on anti-trust matters, but no formal minutes are maintained unless matters of significance are discussed. Committee deliberations and recommendations are fully reported to the Board at the next meeting as appropriate.
F990_P06_S0B_L11a	Form 990, Part VI, Section B, Line 11a	Form 990 is reviewed by the General Counsel and outside counsel. After this legal review, the Form 990 is provided for review to each Board member not less than seven days prior to filing. A special teleconference meeting of the Board is then convened to deliberate and resolve any questions, if necessary.
F990_P06_S0B_L12c	Form 990, Part VI, Section B, Line 12c	Directors, officers and key employees are required to submit compliance statements at the time of the annual meeting. The Legal Committee of the Board reviews these statements to ensure compliance with the policy.
F990_P06_S0B_L15	Form 990, Part VI, Section B, Line 15	The Administration Committee of the Board reviews salary increase recommendations for all staff. These recommendations are based on statistics from the U.S. Department of Labor and other relevant salary forecasts. The Committee reports to the Board for approval at the December meeting.
F990_P06_S0C_L19	Form 990, Part VI, Section C, Line 19	All governing documents and annual audited financial statements are on file with the organization's state regulator, the Illinois Department of Insurance, and are available there as public documents.