Overview
What is Aipso?
Aipso, or Automated Information Systems Services, is a nonprofit organization headquartered at 302 Central Avenue in Johnston, Rhode Island (02919). They specialize in delivering information systems to the insurance residual market, offering various services such as systems planning and design, telecommunications coordination, networking, data transmission, programming expertise, software provision and maintenance, and equipment support. Aiming for optimal efficiency, Aipso's mission is to deliver top-tier services in the insurance residual market at the most cost-effective price. With a dedicated workforce of 476 employees, they provide essential systems and services to their clients.
Official website here: www.aipso.com
What are the reviews and ratings of this charity?
Aipso is not currently rated by Charity Navigator due to its status as a non-501(c)(3) organization, which excludes it from the accountability and methodology evaluations typically used for rating. The absence of a formal rating does not imply a positive or negative assessment, as these ratings rely on specific IRS registration criteria that Aipso does not meet.
The organization has historical data available via IRS forms, indicating some level of transparency in operations, yet critical financial information such as total revenue and expenses remains unavailable. As such, Aipso's impact, leadership, and community involvement cannot be assessed using the standard thorough methodologies.
Since there are no user reviews from GreatNonprofits, further insights into Aipso's operations, community engagement, or stakeholder satisfaction are unavailable. This lack of qualitative data limits understanding of public perception or satisfaction with Aipso's activities.
This AI summary has been generated from information found on Charity Navigator.
Is Aipso legitimate?
Aipso is a legitimate nonprofit organization registered as a 501(c)(6) entity. Aipso 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: $2,823,497
Professional Fundraising Fees: $0
Other Salaries and Wages: $33,985,468
For more financial information, click here
Official website here: www.aipso.com
What is the mission statement of Aipso?
Aipso, the organization, is committed to delivering top-notch services to the insurance residual market at the most affordable cost. Their mission encompasses various aspects, including systems planning and design, telecommunications coordination, networking, data transmission, programming expertise, software provision, and system maintenance. Automated Information Systems Services, which is behind Aipso, offers these services to ensure efficient and effective solutions for the insurance residual market.
Official website here: www.aipso.com
Who is the CEO of Aipso?
Charles Kwolek Jr is the President of Aipso.
Official website here: www.aipso.com
What is the revenue of Aipso?
Aipso's revenue in 2022 was $79,668,644.
Official website here: www.aipso.com
Who are the executives of Aipso and what are their salaries?
The average compensation at Aipso during 2022 was $77,330. There are 476 employees and 13 volunteers at Aipso.
Here are 26 key members and their salaries:
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- Compensation: $293,189
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- Compensation: $186,590
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- Compensation: $182,893
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- Other: $51,983
- Compensation: $183,619
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- Other: $45,559
- Compensation: $184,624
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- Other: $40,338
Official website here: www.aipso.com
Where can I find the form 990 for Aipso?
Aipso's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aipso.com
Learn more at the official website: www.aipso.com
Mission Statement of Aipso
Aipso, a prominent organization, is dedicated to delivering superior services to the insurance residual market at the most economical cost. By focusing on the residual market, Aipso sets itself apart, catering to the unique needs of this sector. The organization's mission is twofold: providing high-quality services and maintaining the lowest possible costs.
Automated Information Systems Services, known as Aipso, plays an essential role in the insurance industry by offering a comprehensive suite of solutions. This nonprofit entity specializes in systems planning and design, coordinating telecommunications, networking, and data transmission. Moreover, they bring programming expertise to the table and provide and maintain the necessary software, systems, and equipment. By managing all these aspects, Aipso ensures that the residual market mechanism functions efficiently and effectively.
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Impact
October, 2024
Aipso significantly enhances the efficiency and effectiveness of the insurance residual market by delivering high-quality services at minimal costs. Through its automated information systems, Aipso supports essential functions, including systems planning and design, telecommunications coordination, and data transmission.
By offering expert programming and maintaining robust software and systems, Aipso ensures that the infrastructure supporting the residual market operates smoothly. This contribution facilitates streamlined processes, ultimately benefiting stakeholders by reducing expenses while maintaining the quality of service. The organization's operations in Johnston, RI, reflect its commitment to fostering a more effective insurance environment, thereby impacting both providers and consumers within the residual market.
This information is meant to be a general summary of Aipso. 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: $95,544
- Program Service Revenue: $79,474,830
- Gross Receipts: $79,668,644
Assets and Liabilities:
- Total Assets: $84,201,784
- Total Liabilities: $107,335,670
- Net Assets: -$23,133,886
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Assessments
Revenue
$36,212,989
Central Processor fees
Revenue
$15,043,908
Services Rendered
Revenue
$8,051,965
Service charges & service provider fees
Revenue
$19,942,546
Organization Details
Founding Year
1973
Phone
(401) 946-2310Principal Officer
Charles Kwolek Jr
Main Address
302 CENTRAL AVENUE, JOHNSTON, RI, 029194932
Website
www.aipso.comIf you are a representative of Aipso and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.