Indiana Automobile Insurance Plan

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

EIN: 350777497 ✦ Johnston, RI ✦ Designated as a 501(c)(6)

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Overview

What is Indiana Automobile Insurance Plan?

The Indiana Automobile Insurance Plan is a nonprofit organization dedicated to ensuring motor vehicle insurance accessibility for individuals who struggle to secure coverage in the voluntary market. Its primary objective is to bridge this gap, providing an alternative means of obtaining necessary insurance coverage. The organization's mission is not elaborated in the provided information.


Official website here: www.aipso.com/in

Is Indiana Automobile Insurance Plan legitimate?

Indiana Automobile Insurance Plan is a legitimate nonprofit organization registered as a 501(c)(6) entity. Indiana Automobile Insurance Plan submitted a form 990EZ, 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.


Official website here: www.aipso.com/in

What is the mission statement of Indiana Automobile Insurance Plan?

The Indiana Automobile Insurance Plan's mission is centered around making motor vehicle insurance accessible for individuals who are unable to secure coverage in the voluntary market. This organization serves as a solution for these individuals, ensuring they are not left unprotected on the roads. The specifics regarding how this is achieved are not provided in the given information, but it can be inferred that they work towards facilitating insurance provisions for this particular group.


Official website here: www.aipso.com/in

Who is the CEO of Indiana Automobile Insurance Plan?

Unavailable


Official website here: www.aipso.com/in

What is the revenue of Indiana Automobile Insurance Plan?

Indiana Automobile Insurance Plan's revenue in 2020 was $3,274.


Official website here: www.aipso.com/in

Who are the executives of Indiana Automobile Insurance Plan and what are their salaries?


Here are 7 key members and their salaries:


Erie Ins Co Robert Vetter (Governing Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Indiana Farmers Mut Ins Co Rick Marden (Governing Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
State Automobile Ins Co Ryan Fisher (Governing Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
The Hartford Allyson Hanover (Governing Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
State Farm Ins Co Rodney Tucker (Governing Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nationwide Ins Co R Lindsey Mccutchan (Governing Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Progressive Insurance Mike Donovan (Governing Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.aipso.com/in

Where can I find the form 990EZ for Indiana Automobile Insurance Plan?

Indiana Automobile Insurance Plan's most recent form 990EZ was submitted in 2020 and can be accessed here.


Official website here: www.aipso.com/in

Learn more at the official website: www.aipso.com/in

Mission Statement of Indiana Automobile Insurance Plan

The Indiana Automobile Insurance Plan, in essence, exists to ensure accessibility of motor vehicle insurance for individuals who find it challenging to secure coverage in the voluntary market. This mission is crucial, as it aims to bridge the gap for those who may be overlooked by traditional insurance providers. The plan's objective is to make insurance coverage an attainable resource, thereby extending a safety net for these individuals on the road. This initiative is instrumental in promoting road safety and financial security, as it ensures that all drivers have some form of insurance coverage, regardless of their circumstances in the voluntary market.

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Impact




October, 2024

The Indiana Automobile Insurance Plan plays a crucial role in providing access to motor vehicle insurance for individuals who cannot secure coverage through the voluntary insurance market. By catering specifically to high-risk drivers or those with unique circumstances that make it difficult to find traditional insurance options, the plan ensures that these individuals still have the opportunity to comply with state insurance requirements and protect themselves financially in the event of an accident.

This initiative impacts not only the individuals who benefit from the coverage but also the broader community by promoting road safety and financial responsibility. When more drivers have insurance, there is a decrease in the likelihood of uninsured drivers on the road, which can lower overall costs associated with accidents and injuries for all road users. Additionally, by providing a structured method for high-risk drivers to obtain insurance, it fosters a more inclusive approach within the insurance market, ensuring that all drivers have access to necessary coverage. Ultimately, the Indiana Automobile Insurance Plan contributes to a more equitable and secure driving environment.




This information is meant to be a general summary of Indiana 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.

Revenue
$3,274 (2020)
Expenses
$306,472 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $238
  • Program Service Revenue: $2,676
  • Gross Receipts: $3,274

Assets and Liabilities:

  • Total Assets: $100,897
  • Total Liabilities: $13,900
  • Net Assets: $86,997

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Organization Details

Main Address

c/o AIPSO 302 CENTRAL AVENUE, JOHNSTON, RI, 02919

NTEE Category

Code: Z99 - Unknown

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