Overview
What is Kansas Automobile Insurance Plan?
The Kansas Automobile Insurance Plan is a state-established nonprofit, located in Topeka, Kansas, with a primary mission to extend motor vehicle insurance coverage to individuals who face challenges in obtaining it directly from insurance companies. With a small workforce of 4, this organization acts as a safety net, making various insurance coverage options accessible to those who might otherwise be excluded. This initiative aims to ensure that all road users, regardless of their insurance status, have some level of protection while on the roads.
Official website here: www.aipso.com
Is Kansas Automobile Insurance Plan legitimate?
Kansas Automobile Insurance Plan is a legitimate nonprofit organization registered as a 501(c)(6) entity. Kansas 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:
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Official website here: www.aipso.com
What is the mission statement of Kansas Automobile Insurance Plan?
The Kansas Automobile Insurance Plan's mission is to ensure that motor vehicle insurance coverage is accessible to individuals who have been unable to obtain it elsewhere. This mission is carried out by making various types of motor vehicle insurance coverage available to applicants who struggle to secure coverage directly from insurance companies. The plan was established by statutes in the state of Kansas, with the aim of providing insurance overage to those in need.
Official website here: www.aipso.com
What is the revenue of Kansas Automobile Insurance Plan?
Kansas Automobile Insurance Plan's revenue in 2024 was $800,157.
Official website here: www.aipso.com
Who are the executives of Kansas Automobile Insurance Plan and what are their salaries?
The average compensation at Kansas Automobile Insurance Plan during 2024 was $65,087.
Here are 5 key members and their salaries:
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Official website here: www.aipso.com
Where can I find the form 990 for Kansas Automobile Insurance Plan?
Kansas Automobile Insurance Plan's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.aipso.com
Learn more at the official website: www.aipso.com
Mission Statement of Kansas Automobile Insurance Plan
The Kansas Automobile Insurance Plan, established by the state's legislature, is dedicated to a mission of making various forms of motor vehicle insurance coverage accessible to individuals who have been unable to secure coverage directly from insurance companies. This nonprofit organization works tirelessly to ensure that all eligible applicants, regardless of their insurance history, have the opportunity to obtain the necessary coverage for their motor vehicles. By providing this crucial service, the Kansas Automobile Insurance Plan plays a significant role in safeguarding the financial well-being of those who might otherwise be left unprotected.
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Impact
October, 2024
The Kansas Automobile Insurance Plan plays a crucial role in ensuring that individuals who struggle to secure motor vehicle insurance coverage through traditional channels have access to the necessary policies. Established under Kansas statutes, this program is designed specifically for applicants who may face difficulties in obtaining coverage from standard insurance companies.
By offering various forms of motor vehicle insurance, the Plan helps to reduce the number of uninsured drivers on the road, ultimately promoting safer driving conditions for all. This access to insurance enables individuals, including those with adverse driving records or financial hardships, to comply with state laws requiring motor vehicle insurance, thereby fostering responsible vehicle ownership and enhancing public safety.
The impact of the Kansas Automobile Insurance Plan extends beyond providing coverage; it also serves to protect the interests of the broader community by helping to mitigate the financial risks associated with uninsured motorists. In doing so, it contributes to a more equitable and inclusive insurance market within the state of Kansas.
This information is meant to be a general summary of Kansas 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 2024.
- Investment Income: $44,946
- Program Service Revenue: $748,611
- Gross Receipts: $800,157
Assets and Liabilities:
- Total Assets: $1,989,701
- Total Liabilities: $665,584
- Net Assets: $1,324,117
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PREMIUMS
Revenue
$422,822
ASSESSMENTS
Revenue
$325,789
Organization Details
Founding Year
1950
Principal Officer
Heather Droge
Website
www.aipso.comNTEE Category
Code: Y20 - Mutual benefit
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