ILLINOIS LIFE & HEALTH INSURANCE COUNCIL (EIN 370896078) - Form 990 Financial Analysis & Trantor Score

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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

1967

Legal Domicile

Principal Officer

LAURA MINZER

Phone

2175441637

Tax Period

2025-01-01 to 2025-12-31

ILLINOIS LIFE & HEALTH INSURANCE COUNCIL, founded in 1967, is a community nonprofit in the Mutual Benefit sector that reported $1.1M in total revenue in fiscal year 2025. Revenue decreased 7% compared to the prior year.

Mission

TO ENCOURAGE AND IMPROVE THE BUSINESS OF LIFE AND HEALTH INSURANCE IN THE STATE OF ILLINOIS.

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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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,041,500

Investment Income $45,460

Other Revenue $20,086

TOTAL REVENUE $1,107,046

Expense Breakdown

Grants Paid $0

Salaries & Benefits $779,239

Fundraising Expenses $0

Other Expenses $415,037

TOTAL EXPENSES $1,194,276

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,107,046	$1,187,897	-0.1%
Expenses	$1,194,276	$1,157,512	+0.0%
Net Income	$-87,230	$30,385	-3.9%

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

Governance

Voting Members

Independent Members

Employees

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

$438,796

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOCELYN DUNCAN	PAST CHAIR	5.00	Director	$0	$0	$0
KATE LENZINI	DIRECTOR	5.00	Director	$0	$0	$0
THOMAS C KUNST	DIRECTOR	5.00	Director	$0	$0	$0
SINEAD RICE MADIGAN	DIRECTOR	5.00	Director	$0	$0	$0
JOEL MYERS	DIRECTOR	5.00	Director	$0	$0	$0
MATTHEW SCHMANSKI	VICE CHAIR	5.00	Officer Director	$0	$0	$0
FELICIA SPIVACK	SECRETARY/TREASURER	5.00	Officer Director	$0	$0	$0
MICHAEL B STERN	CHAIR	5.00	Officer Director	$0	$0	$0
KEITH PERKINS	DIRECTOR	5.00	Director	$0	$0	$0
LAURA MINZER	PRESIDENT	40.00	Officer	$400,000	$38,796	$438,796

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	$1,107,046	$1,194,276	$861,588	$-87,230
2024	$1,187,897	$1,157,512	$948,818	$30,385
2023	$1,144,953	$1,034,716	$1,178,833	$110,237
2022	$787,527	$978,122	$1,068,596	$-190,595
2021	$789,055	$957,677	$1,259,191	$-168,622
2020	$819,136	$834,303	$2,038,883	$-15,167
2019	$810,834	$1,182,130	$2,051,748	$-371,296
2018	$802,627	$701,270	$2,403,038	$101,357

ILLINOIS LIFE & HEALTH INSURANCE COUNCIL