Overview
What is Illinois Life & Health Insurance Council?
The Illinois Life & Health Insurance Council is a nonprofit organization situated in Springfield, Illinois, specifically at 600 South Second Street, Suite 401. Established with the aim of enhancing and improving the business of life and health insurance within the state, the council works diligently towards this mission. With a modest team of three individuals, they dedicate their efforts to encouraging and fostering growth in the life and health insurance sector in Illinois.
Official website here: www.ilhic.com
Is Illinois Life & Health Insurance Council legitimate?
Illinois Life & Health Insurance Council is a legitimate nonprofit organization registered as a 501(c)(6) entity. Illinois Life & Health Insurance Council submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $377,774
Professional Fundraising Fees: $0
Other Salaries and Wages: $208,594
For more financial information, click here
Official website here: www.ilhic.com
What is the mission statement of Illinois Life & Health Insurance Council?
The Illinois Life & Health Insurance Council was established with a mission to stimulate and enhance the operations of life and health insurance within the state. Their primary objective is to foster the growth and improvement of the life and health insurance sector. The council serves as a catalyst for promoting better business practices and advancements in this field.
Official website here: www.ilhic.com
Who is the CEO of Illinois Life & Health Insurance Council?
Laura Minzer is the President of Illinois Life & Health Insurance Council.
Official website here: www.ilhic.com
What is the revenue of Illinois Life & Health Insurance Council?
Illinois Life & Health Insurance Council's revenue in 2022 was $787,527.
Official website here: www.ilhic.com
Who are the executives of Illinois Life & Health Insurance Council and what are their salaries?
The average compensation at Illinois Life & Health Insurance Council during 2022 was $195,456. There are 3 employees at Illinois Life & Health Insurance Council.
Here are 8 key members and their salaries:
- Compensation: $377,774
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ilhic.com
Where can I find the form 990 for Illinois Life & Health Insurance Council?
Illinois Life & Health Insurance Council's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ilhic.com
Learn more at the official website: www.ilhic.com
Mission Statement of Illinois Life & Health Insurance Council
The Illinois Life & Health Insurance Council was established with a mission to stimulate and enhance the operations of life and health insurance within the state of Illinois. This organization's primary objective is to foster growth and improvement in the life and health insurance sector, thereby contributing positively to the state's economy and its residents. By encouraging and supporting the development of the life and health insurance business, the Illinois Life & Health Insurance Council aims to ensure that the industry remains robust and responsive to the changing needs of the people it serves. The council's mission is a testament to its commitment to fostering a thriving insurance sector in Illinois, thereby contributing to the overall well-being and financial security of the state's population.
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Impact
October, 2024
The Illinois Life & Health Insurance Council plays a crucial role in enhancing and promoting the life and health insurance sectors in Illinois. By fostering a collaborative environment among insurance professionals, the Council drives improvements in industry practices, ensuring better service delivery and product offerings for consumers. Its efforts lead to a stronger regulatory framework, encouraging innovation and growth in the marketplace. Additionally, by advocating for the interests of the insurance industry, the Council helps to maintain a stable and competitive insurance landscape, ultimately benefiting both consumers and providers in the state.
This information is meant to be a general summary of Illinois Life & Health Insurance Council. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $827
- Program Service Revenue: $786,700
- Gross Receipts: $787,527
Assets and Liabilities:
- Total Assets: $1,068,596
- Total Liabilities: $0
- Net Assets: $1,068,596
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$786,700
Organization Details
Founding Year
1967
Phone
(217) 544-1637Principal Officer
Laura Minzer
Main Address
600 SOUTH SECOND STREET RM/STE 401, SPRINGFIELD, IL, 62704
Website
www.ilhic.comNTEE Category
Code: Y22C - Mutual benefit
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