2025-04-01T12:03:05-05:00 2024-12-31 430352985 KERBER ECK & BRAECKEL LLP 3200 ROBBINS ROAD STE 200A SPRINGFIELD IL 62704 990 2024-01-01 370896078 ILLINOIS LIFE & HEALTH INSURANCE COUNCIL ILLI 2175441637 600 SOUTH SECOND STREET SUITE 401 SPRINGFIELD IL 62704 LAURA MINZER PRESIDENT 2175441637 2025-03-31 1 1 KIRSTEN KIENZLER P01714919 2177890960 2025-03-31 2024 2025-03-06 01:10:19Z LAURA MINZER 600 S 2ND ST SUITE 401 SPRINGFIELD IL 62704 1187897 0 X WWW.ILHIC.COM X 1967 IL TO ENCOURAGE AND IMPROVE THE BUSINESS OF LIFE AND HEALTH INSURANCE IN THE STATE OF ILLINOIS. 9 9 3 0 0 0 0 0 1118900 1108032 26053 39865 0 40000 1144953 1187897 0 0 0 0 717544 760587 0 0 0 317172 396925 1034716 1157512 110237 30385 1178833 948818 0 0 1178833 948818 THE ILLINOIS LIFE AND HEALTH INSURANCE COUNCIL WAS ORGANIZED TO ENCOURAGE AND IMPROVE THE BUSINESS OF LIFE AND HEALTH INSURANCE IN THE STATE OF ILLINOIS. 0 0 THE ILLINOIS LIFE AND HEALTH INSURANCE COUNCIL WAS ORGANIZED TO ENCOURAGE AND IMPROVE THE BUSINESS OF LIFE AND HEALTH INSURANCE IN THE STATE OF ILLINOIS. 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 3 1 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X SUSAN LIST 2175441637 600 S 2ND ST SUITE 401 SPRINGFIELD IL 62704 JOCELYN DUNCAN CHAIR 5.00 X X 0 0 0 RICHARD S HOLSON DIRECTOR 5.00 X 0 0 0 THOMAS C KUNTS DIRECTOR 5.00 X 0 0 0 SINEAD RICE MADIGAN SECRETARY/TREASURER 5.00 X X 0 0 0 JOEL MYERS DIRECTOR 5.00 X 0 0 0 MATTHEW SCHMANSKI DIRECTOR 5.00 X 0 0 0 FELICIA SPIVACK DIRECTOR 5.00 X 0 0 0 MICHAEL B STERN VICE CHAIR 5.00 X X 0 0 0 ANDY WIEDUWILT DIRECTOR 5.00 X 0 0 0 LAURA MINZER PRESIDENT 40.00 X 402489 0 37092 402489 0 37092 1 0 1 0 0 MEMBERSHIP DUES 900099 1073075 1073075 SPONSORSHIP INCOME 900099 34957 34957 1108032 39865 39865 MISCELLANEOUS INCOME 900099 40000 40000 40000 1187897 1148032 0 39865 439581 242500 22786 20353 35367 6200 1405 23671 33105 49086 365 8076 CONTRACTUAL 202000 ANNUITY EXPENSE 40000 RETIREMENT PLAN FEES 14252 DUES AND SUBSCRIPTIONS 9704 9061 1157512 1177966 948316 30978 30476 867 502 1178833 948818 0 0 X 1178833 948818 1178833 948818 1178833 948818 X 30385 -260400 X X 0 1 X 1 0 0 0 0 1073075 190500 190500 321923 -131423 SCHEDULE C, PART 1-A, QUESTION 1: ALL POLITICAL CAMPAIGN ACTIVITIES AND CONTRIBUTIONS ARE PAID OUT OF THE POLITICAL ACTION COMMITTEE. 30978 30476 502 502 X 1187897 0 1187897 0 1187897 1157512 0 1157512 0 1157512 PART X, LINE 2: THE COUNCIL HAS RECOGNIZED IN THE FINANCIAL STATEMENTS THE EFFECTS OF ALL TAX POSITIONS AND CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS. THE COUNCIL IS NOT AWARE OF ANY CIRCUMSTANCES OR EVENTS THAT MAKE IT REASONABLY POSSIBLE THAT UNRECOGNIZED TAX BENEFITS MAY INCREASE OR DECREASE WITHIN 12 MONTHS OF THE STATEMENT OF ASSETS, LIABILITIES AND NET ASSETS MODIFIED CASH BASIS DATE. THERE WERE NO INTEREST OR PENALTIES PAID DURING 2024 OR 2023. X 0 0 X X 0 0 0 LAURA MINZER PRESIDENT 310000 0 85000 0 7489 0 33000 0 4092 0 439581 0 0 0 PART I, LINE 1A THE ORGANIZATION PROVIDED A COUNTRY CLUB MEMBERSHIP TO ITS EXECUTIVE OFFICER AS PART OF THE COMPENSATION PACKAGE. THIS BENEFIT WAS INTENDED TO SUPPORT NETWORKING AND BUSINESS DEVELOPMENT OPPORTUNITIES IN ALIGNMENT WITH THE ORGANIZATION'S MISSION AND OBJECTIVES. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS MADE UP OF MEMBERS FORM 990, PART VI, SECTION A, LINE 7A THE OFFICERS ARE ELECTED BY THE MEMBERSHIP AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WAS AVAILABLE TO THE BOARD OF DIRECTORS FOR REVIEW BEFORE IT WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS MUST SIGN A STATEMENT ANNUALLY VERIFYING THEY HAVE NO CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS ANNUALLY DETERMINE THE COMPENSATION OF THE PRESIDENT AFTER REVIEWING COMPARABLE DATA. FORM 990, PART VI, SECTION C, LINE 19 THE COUNCIL MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: PRIOR PERIOD ERROR CORRECTION -260,400. FORM 990, PART XII, LINE 1: ACCOUNTING METHOD THE METHOD OF ACCOUNTING USED BY THE COUNCIL IS THE MODIFIED CASH BASIS. FORM 990, PART XI, LINE 9 PRIOR PERIOD ADJUSTMENT RELATES TO A DECREASE IN NET ASSETS AS OF JAN 1, 2024 OF $ 260,400 TO RECOGNIZE EXPENSE RELATED TO THE PURCHASE OF THE TWO ANNUITIES. THE ORIGINAL TREATMENT ESTABLISHED AN ASSET EQUAL TO THE AMOUNT PAID, WHICH WAS REFLECTED AS RESTRICTED CASH AND CASH EQUIVALENTS, RATHER THAN REFLECTING EXPENSE FOR THE AMOUNT PAID WHEN THE POLICIES WERE ACQUIRED IN ACCORDANCE WITH MODIFIED CASH BASIS OF ACCOUNTING. CONSEQUENTLY, THE RESTATEMENT ELIMINATES THE RESTRICTED CASH AND CASH EQUIVALENTS ASSET FROM THE FINANCIAL STATEMENTS. THE RESTATEMENT ALSO RECOGNIZES ANNUITY PAYMENTS RECEIVED FROM THE INSURANCE COMPANY AS MISCELLANEOUS INCOME, WHICH OFFSETS THE RELATED ANNUITY EXPENSE ACCOUNT. FORM 990, PART XII, LINE 2C NO CHANGES FROM PRIOR YEAR NOTED.