1891 Financial Life

EIN: 361981330

SCHAUMBURG, IL

Total Revenue
$12,770,279
Total Expenses
$13,425,626
Total Assets
$147,624,978
Net Assets
$14,422,601
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1894
Legal Domicile
IL
Principal Officer
Lisa M Bickus
Phone
8722632387
Tax Period
2025-01-01 to 2025-12-31

1891 Financial Life, founded in 1894, is a mid-sized nonprofit that reported $12.8M in total revenue in fiscal year 2025. Revenue surged 23% from the prior year, signaling strong growth momentum.

Mission

1891 FINANCIAL LIFE IS A COMMUNITY-BASED INSURANCE ORGANIZATION THAT OFFERS PRODUCTS AND MEMBER BENEFITS THAT ASSIST INDIVIDUALS AND THEIR FAMILIES IN ACHIEVING FINANCIAL SECURITY WHILE HELPING TO BUILD STRONGER COMMUNITIES BY SUPPORTING SERVICE PROJECTS THAT REFLECT COMMON SHARED VALUES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $5,820,110
Investment Income $6,950,169
Other Revenue $0
TOTAL REVENUE $12,770,279

Expense Breakdown

Grants Paid $73,815
Salaries & Benefits $1,948,662
Fundraising Expenses $0
Program Expenses $0
Other Expenses $2,421,509
TOTAL EXPENSES $13,425,626

Year-over-Year Comparison

2025 2024 Change
Revenue $12,770,279 $10,371,568 +0.2%
Expenses $13,425,626 $11,910,809 +0.1%
Net Income $-655,347 $-1,539,241 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
17
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$320,938
Total Directors
9
$141,500
Key Employees
2
$276,455
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LISA M BICKUS CEO 40.00
Officer
$226,335 $42,853 $269,188
BRIAN LAWLESS BOARD TREASU 2.00
Officer Director
$19,500 $0 $19,500
JEANNE FILLIPP DIRECTOR 2.00
Director
$18,000 $0 $18,000
MARGARET SCHMITT BOARD CHAIR 2.00
Officer Director
$15,750 $0 $15,750
LEAH JANSEN DIRECTOR 2.00
Officer Director
$16,500 $0 $16,500
CHRISTINE CORSO DIRECTOR 2.00
Director
$14,000 $0 $14,000
COLLETTE CESAR DIRECTOR 2.00
Director
$14,000 $0 $14,000
MARY M RODGERS DIRECTOR 2.00
Director
$14,000 $0 $14,000
CAROLE WITKOWSKI DIRECTOR 2.00
Director
$15,750 $0 $15,750
TOM BURKHARD DIRECTOR 2.00
Director
$14,000 $0 $14,000
Scott M Smith Controller 40.00
Key Emp
$151,248 $0 $151,248
Louis Commisso VP of Sales 40.00
Key Emp
$125,207 $0 $125,207
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $12,770,279 $13,425,626 $147,624,978 $-655,347
2024 No data No data No data No data
2023 $19,991,976 $20,935,294 $157,615,190 $-943,318
2022 $15,073,073 $14,633,274 $164,907,014 $439,799
2021 $18,624,381 $18,236,809 $168,779,448 $387,572
2020 $16,789,858 $17,477,032 $164,258,473 $-687,174
2019 $20,769,466 $20,655,550 $164,440,786 $113,916
2018 $11,450,112 $10,771,653 $166,583,181 $678,459
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