Overview
What is Pennsylvania Automobile Insurance Plan?
The Pennsylvania Automobile Insurance Plan is a nonprofit entity aimed at extending motor vehicle insurance coverage to individuals who struggle to secure it within the voluntary market. Based on the provided information, it appears that the organization's primary mission is to bridge this insurance gap, ensuring that people in need have the necessary protection on the road.
Official website here: www.aipso.com/pa
Is Pennsylvania Automobile Insurance Plan legitimate?
Pennsylvania Automobile Insurance Plan is a legitimate nonprofit organization registered as a 501(c)(6) entity. Pennsylvania Automobile Insurance Plan 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $154,218
For more financial information, click here
Official website here: www.aipso.com/pa
What is the mission statement of Pennsylvania Automobile Insurance Plan?
The Pennsylvania Automobile Insurance Plan's mission is centered around providing motor vehicle insurance for individuals who have difficulty obtaining coverage in the voluntary market. This mission is carried out with the primary goal of ensuring adequate protection for these individuals on the roads. The plan operates with the aim of bridging the gap in insurance coverage for those who might otherwise be left unprotected, promoting road safety and peace of mind for all.
Official website here: www.aipso.com/pa
Who is the CEO of Pennsylvania Automobile Insurance Plan?
Unavailable
Official website here: www.aipso.com/pa
What is the revenue of Pennsylvania Automobile Insurance Plan?
Pennsylvania Automobile Insurance Plan's revenue in 2022 was $359,757.
Official website here: www.aipso.com/pa
Who are the executives of Pennsylvania Automobile Insurance Plan and what are their salaries?
There 10 volunteers at Pennsylvania Automobile Insurance Plan.
Here are 10 key members and their salaries:
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Official website here: www.aipso.com/pa
Where can I find the form 990 for Pennsylvania Automobile Insurance Plan?
Pennsylvania Automobile Insurance Plan's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aipso.com/pa
Learn more at the official website: www.aipso.com/pa
Mission Statement of Pennsylvania Automobile Insurance Plan
The Pennsylvania Automobile Insurance Plan, as a nonprofit entity, is committed to a crucial mission. Its primary objective is to extend motor vehicle insurance coverage to individuals who have been unable to procure it within the voluntary market. By offering this service, the organization aims to ensure that everyone, regardless of their circumstances, has the necessary protection while using automobiles on the road. This mission serves as a vital safeguard, providing peace of mind and security to those who might otherwise be left unprotected.
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Impact
October, 2024
The Pennsylvania Automobile Insurance Plan (PAIP) plays a critical role in ensuring that individuals who struggle to secure motor vehicle insurance in the voluntary market still have access to necessary coverage. By providing insurance options for high-risk drivers or those with unique challenges, PAIP effectively mitigates the risk of uninsured motorists on the roads. This accessibility helps promote safer driving conditions and aligns with public safety regulations.
Furthermore, PAIP helps to stabilize the auto insurance market by offering coverage for people who might otherwise turn to alternative, possibly less reliable, options. This contributes to a healthier overall insurance environment and ensures that even those with a history of insurance issues can find legitimate coverage. Ultimately, PAIP enhances community welfare by ensuring that all drivers can legally operate vehicles, reducing the number of uninsured drivers, and fostering a sense of security within the community.
This information is meant to be a general summary of Pennsylvania Automobile Insurance Plan. 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: $1,243
- Program Service Revenue: $358,514
- Gross Receipts: $359,757
Assets and Liabilities:
- Total Assets: $100,236
- Total Liabilities: $334,809
- Net Assets: -$234,573
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Assessment
Revenue
$358,514
Organization Details
Founding Year
1984
Phone
(401) 946-2310Main Address
c/o AIPSO 302 CENTRAL AVENUE, JOHNSTON, RI, 029194932
Website
www.aipso.com/paNTEE Category
Code: Y20 - Mutual benefit
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