Overview
What is Rhode Island Automobile Insurance Plan?
The Rhode Island Automobile Insurance Plan is a nonprofit initiative aimed at facilitating automobile insurance accessibility for eligible drivers who struggle to procure such coverage in the voluntary market. This program, located in Johnston, Rhode Island, serves its purpose by making auto insurance available to those who might otherwise be excluded. The plan operates under the oversight of AIPSO, offering essential coverage to individuals in need.
Official website here: www.aipso.com/ri
Is Rhode Island Automobile Insurance Plan legitimate?
Rhode Island Automobile Insurance Plan is a legitimate nonprofit organization registered as a 501(c)(6) entity. Rhode Island 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: $1,635,027
For more financial information, click here
Official website here: www.aipso.com/ri
What is the mission statement of Rhode Island Automobile Insurance Plan?
The Rhode Island Automobile Insurance Plan is committed to providing automobile insurance coverage to qualified drivers who find it challenging to obtain such coverage in the voluntary market. Its mission is centered around making this essential service accessible, ensuring that these drivers are not left unprotected on the roads. By offering automobile insurance, the plan aims to contribute to road safety and promote financial security for its beneficiaries. The plan serves as a safety net, ensuring that eligible drivers can still drive legally, thereby contributing to the overall well-being of the community.
Official website here: www.aipso.com/ri
Who is the CEO of Rhode Island Automobile Insurance Plan?
Unavailable
Official website here: www.aipso.com/ri
What is the revenue of Rhode Island Automobile Insurance Plan?
Rhode Island Automobile Insurance Plan's revenue in 2022 was $11,028,967.
Official website here: www.aipso.com/ri
Who are the executives of Rhode Island Automobile Insurance Plan and what are their salaries?
There 13 volunteers at Rhode Island Automobile Insurance Plan.
Here are 13 key members and their salaries:
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Official website here: www.aipso.com/ri
Where can I find the form 990 for Rhode Island Automobile Insurance Plan?
Rhode Island Automobile Insurance Plan's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aipso.com/ri
Learn more at the official website: www.aipso.com/ri
Mission Statement of Rhode Island Automobile Insurance Plan
The Rhode Island Automobile Insurance Plan, in essence, serves to facilitate the provision of automobile insurance to eligible drivers who struggle to acquire such coverage within the voluntary market. Its primary objective is to ensure accessibility to this essential protection for individuals who might otherwise be left uninsured. By offering automobile insurance to these qualified drivers, the Rhode Island Automobile Insurance Plan plays a crucial role in safeguarding the mobility and financial security of its beneficiaries.
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Impact
October, 2024
The Rhode Island Automobile Insurance Plan plays a crucial role in ensuring that qualified drivers have access to automobile insurance, particularly those who find it challenging to obtain coverage in the voluntary market. By providing this essential service, the Plan helps alleviate the burden of uninsured motorists on the roads, fostering a safer driving environment for all. Its mission to make automobile insurance accessible contributes to financial stability for individuals who might otherwise face significant obstacles in securing necessary coverage. This initiative supports responsible driving while promoting overall community welfare in Johnston, RI, and beyond.
This information is meant to be a general summary of Rhode Island 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: $218,428
- Program Service Revenue: $10,393,629
- Gross Receipts: $11,028,967
Assets and Liabilities:
- Total Assets: $19,397,310
- Total Liabilities: $18,178,306
- Net Assets: $1,219,004
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Premiums Earned
Revenue
$10,393,629
Organization Details
Founding Year
1968
Phone
(401) 946-2310Main Address
c/o AIPSO 302 CENTRAL AVENUE, JOHNSTON, RI, 02919
Website
www.aipso.com/riNTEE Category
Code: Y20 - Mutual benefit
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