Overview
What is Minnesota Automobile Assigned Claims Bureau?
The Minnesota Automobile Assigned Claims Bureau is a nonprofit organization situated in Osseo, Minnesota. Its primary focus is the implementation and administration of certain sections of the Minnesota No-Fault Insurance Act. The organization's mission revolves around providing no-fault insurance benefits to individuals who lack other means of acquiring such benefits. With a modest team of one employee, the Minnesota Automobile Assigned Claims Bureau plays a crucial role in upholding the insurance rights of its residents.
Official website here: www.maacb.org
Is Minnesota Automobile Assigned Claims Bureau legitimate?
Minnesota Automobile Assigned Claims Bureau is a legitimate nonprofit organization registered as a 501(c)(6) entity. Minnesota Automobile Assigned Claims Bureau 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: $90,300
For more financial information, click here
Official website here: www.maacb.org
What is the mission statement of Minnesota Automobile Assigned Claims Bureau?
The Minnesota Automobile Assigned Claims Bureau is dedicated to providing No-Fault Insurance benefits to individuals who lack other means of obtaining such benefits. This mission is carried out through the implementation and administration of certain sections of the Minnesota No-Fault Insurance Act. The bureau's primary goal is to ensure that eligible individuals receive the necessary insurance benefits, thereby providing them with financial assistance during challenging times. The organization plays a crucial role in the insurance sector, extending its support to those who would otherwise be left without necessary coverage.
Official website here: www.maacb.org
Who is the CEO of Minnesota Automobile Assigned Claims Bureau?
Joshua Jeffers is the Chairman of Minnesota Automobile Assigned Claims Bureau.
Official website here: www.maacb.org
What is the revenue of Minnesota Automobile Assigned Claims Bureau?
Minnesota Automobile Assigned Claims Bureau's revenue in 2022 was $2,067,513.
Official website here: www.maacb.org
Who are the executives of Minnesota Automobile Assigned Claims Bureau and what are their salaries?
The average compensation at Minnesota Automobile Assigned Claims Bureau during 2022 was $90,300. There is 1 employee at Minnesota Automobile Assigned Claims Bureau.
Here are 7 key members and their salaries:
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Official website here: www.maacb.org
Where can I find the form 990 for Minnesota Automobile Assigned Claims Bureau?
Minnesota Automobile Assigned Claims Bureau's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.maacb.org
Learn more at the official website: www.maacb.org
Mission Statement of Minnesota Automobile Assigned Claims Bureau
The Minnesota Automobile Assigned Claims Bureau, in essence, is committed to providing no-fault insurance benefits to individuals who lack alternative means of acquiring such benefits. In simple terms, this organization serves as a vital resource for those in need, implementing and administering certain sections of the Minnesota No-Fault Insurance Act. By doing so, it ensures that eligible individuals receive essential benefits, thereby alleviating their financial burden and providing them with a degree of security.
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Impact
October, 2024
The Minnesota Automobile Assigned Claims Bureau provides crucial no-fault insurance benefits to individuals who lack access to such coverage. By implementing and administering sections of the Minnesota No-Fault Insurance Act, the Bureau plays a vital role in ensuring that those without alternative means of obtaining insurance can still receive necessary benefits. This support not only aids in alleviating financial burdens for accident victims but also fosters a more equitable insurance landscape in Minnesota. By focusing on individuals with limited options, the Bureau helps protect vulnerable populations, ensuring they have access to the medical care and assistance they require following an accident.
This information is meant to be a general summary of Minnesota Automobile Assigned Claims Bureau. 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: $18,723
- Program Service Revenue: $2,048,790
- Gross Receipts: $2,067,513
Assets and Liabilities:
- Total Assets: $7,805,733
- Total Liabilities: $0
- Net Assets: $7,805,733
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSESSMENT
Revenue
$1,998,403
REFUND
Revenue
$50,387
Organization Details
Founding Year
1975
Phone
(763) 425-6634Principal Officer
Joshua Jeffers
Main Address
231 CENTRAL AVE STE A, OSSEO, MN, 55369
Website
www.maacb.orgNTEE Category
Code: Y20 - Mutual benefit
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