Illinois Life & Health Insurance Council
Revenue
$1.1m
year to 31 December 2025
Expenses
$1.2m
year to 31 December 2025
Total assets
$862k
$0 liabilities
Net assets
$862k
assets less liabilities
Directors and trustees
9
3.3 years on average
Staff
3
employees, year to 31 December 2025
Chair observed
≥5 yrs
Michael B Stern
Left since last filing
3
33% of the board
Illinois Life & Health Insurance Council's network
9 people1 organisationi9 people and 1 organisation on this map.The large node is the subject of this page. Solid lines are what the register itself records (9). Violet dotted lines (1) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
9 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 9 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Jocelyn Duncan Chair | Past Chair | 2021 | 5 yrs |
| Michael B Stern Chair (also filed as Michael Stern) | Chair | 2020 | 6 yrs |
| Felicia Spivack | Secretary/Treasurer | 2024 | 2 yrs |
| Joel Myers | Director | 2023 | 3 yrs |
| Kate Lenzini | Director | 2025 | 1 yr |
| Keith Perkins | Director | 2025 | 1 yr |
| Matthew Schmanski | Vice Chair | 2021 | 5 yrs |
| Sinead Rice Madigan | Director | 2024 | 2 yrs |
| Thomas C Kunst | Director | 2025 | 1 yr |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
2 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Laura Minzer | President | since 2024 |
| Sinead Rice Madigan | President | since 2022 |
Pay and hours
year to 31 December 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Laura Minzer | President | 40 | $400k | $39k | |
| Jocelyn Duncan | Past Chair | 5 | $0 | ||
| Kate Lenzini | Director | 5 | $0 | ||
| Thomas C Kunst | Director | 5 | $0 | ||
| Sinead Rice Madigan | Director | 5 | $0 | ||
| Joel Myers | Director | 5 | $0 | ||
| Matthew Schmanski | Vice Chair | 5 | $0 | ||
| Felicia Spivack | Secretary/Treasurer | 5 | $0 | ||
| Michael B Stern | Chair | 5 | $0 | ||
| Keith Perkins | Director | 5 | $0 |
About
- Legal name
- Illinois Life & Health Insurance Council
- EIN
- 370896078
- Address
- 600 S 2nd St Ste 401, Springfield, IL, 62704-2559
- State
- Illinois
- Mission
- 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. (as filed on the Form 990)
- Activity (NTEE)
- Y22C Mutual and membership benefit
- IRS classification
- 501(c)06 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Mutual & Membership Benefit
- Size band
- 5 (IRS master file code)
- Formed
- 1967
- Principal officer
- Laura Minzer (as named on the Form 990)
- IRS ruling date
- 1 June 1967
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 8, latest 2025
Most connected
Longest observed on the filings
≥6years on the filingsMichael B Stern
≥5years on the filingsJocelyn Duncan
≥5years on the filingsMatthew Schmanski
≥3years on the filingsJoel Myers
Latest return
year to 31 December 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2025. US dollars, as filed.- Total assets
- $862k
- Total liabilities
- $0
- Net assets or fund balances
- $862k
- Contributions and grants received
- $0
- Program service revenue
- $1m
- Employees
- 3
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $1.2m | $1.2m | $30k |
As filed on the IRS Form 990. US dollars.