Pa Financial Responsibility Assigned Claims Plan

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 232315555 ✦ Philadelphia, PA ✦ Designated as a 501(c)(6)

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Overview

What is Pa Financial Responsibility Assigned Claims Plan?

The Pa Financial Responsibility Assigned Claims Plan is a nonprofit organization situated in Philadelphia, Pennsylvania. Their primary mission is to offer financial assistance to individuals who have suffered injuries in motor vehicle accidents within the Commonwealth of Pennsylvania, should such benefits not be accessible otherwise. With a dedicated workforce of 18 employees, they aim to provide necessary benefits to eligible victims, ensuring they have the support they need during challenging times.

Is Pa Financial Responsibility Assigned Claims Plan legitimate?

Pa Financial Responsibility Assigned Claims Plan is a legitimate nonprofit organization registered as a 501(c)(6) entity. Pa Financial Responsibility Assigned Claims 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: $170,635
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,253,528

For more financial information, click here

What is the mission statement of Pa Financial Responsibility Assigned Claims Plan?

The Pa Financial Responsibility Assigned Claims Plan is committed to providing benefits to individuals who have been injured in motor vehicle accidents within the Commonwealth of PA, if such benefits are not available through other means. The plan operates under the mission to extend aid to eligible victims, ensuring they receive the necessary financial support when needed. The primary objective is to bridge the gap in coverage, ensuring that victims who meet the required criteria can access the benefits they deserve. The plan's activities are centered around providing monetary assistance to those injured in motor vehicle accidents in the Commonwealth of PA.

Who is the CEO of Pa Financial Responsibility Assigned Claims Plan?

Unavailable

What is the revenue of Pa Financial Responsibility Assigned Claims Plan?

Pa Financial Responsibility Assigned Claims Plan's revenue in 2023 was $6,116,453.

Who are the executives of Pa Financial Responsibility Assigned Claims Plan and what are their salaries?

The average compensation at Pa Financial Responsibility Assigned Claims Plan during 2023 was $79,120. There are 18 employees at Pa Financial Responsibility Assigned Claims Plan.


Here are 4 key members and their salaries:


James R Carver (Administrator)
  • Compensation: $164,462
  • Related: $0
  • Other: $0
Renee Moss Coleman (Claims Manager)
  • Compensation: $109,907
  • Related: $0
  • Other: $0
Kimberly A Horseman (Assistant Administrator)
  • Compensation: $102,759
  • Related: $0
  • Other: $0
Board Of Directors (Quarterly Meetings)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Pa Financial Responsibility Assigned Claims Plan?

Pa Financial Responsibility Assigned Claims Plan's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Pa Financial Responsibility Assigned Claims Plan

The Pa Financial Responsibility Assigned Claims Plan, in simple terms, is committed to extending benefits to individuals who have been injured in motor vehicle accidents within the Commonwealth of Pennsylvania. Should these victims not be eligible for such benefits through other sources, the Plan steps in to provide the necessary assistance, provided they meet the specified requirements. The organization's mission revolves around offering financial aid to these individuals, ensuring they receive the support they need during challenging times.

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Impact




October, 2024

The Pennsylvania Financial Responsibility Assigned Claims Plan plays a crucial role in ensuring that victims injured in motor vehicle accidents receive necessary benefits when other sources are unavailable. This program provides vital support for those who might otherwise face financial hardship due to medical expenses, lost wages, or other accident-related costs. By filling a gap in coverage, the Plan assists individuals in navigating the aftermath of such incidents, promoting community stability and recovery in the Commonwealth of Pennsylvania. This support is essential for victims who meet specific requirements, ensuring they are not left without essential assistance during a challenging time. Such benefits contribute to overall community improvement by facilitating quicker recovery and helping to alleviate the financial burden on affected individuals and families.




This information is meant to be a general summary of Pa Financial Responsibility Assigned Claims 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.

Revenue
$6,116,453 (2023)
Expenses
$5,830,157 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $88,129
  • Gross Receipts: $6,116,453

Assets and Liabilities:

  • Total Assets: $4,601,643
  • Total Liabilities: $343,251
  • Net Assets: $4,258,392

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Organization Details

Founding Year

1984

Main Address

1835 MARKET STREET, PHILADELPHIA, PA, 19103

NTEE Category

Code: S40 - Community improvement

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