Overview
What is District Of Columbia Automobile Insurance Plan?
The District of Columbia Automobile Insurance Plan is a nonprofit organization that offers motor vehicle insurance coverage to individuals who struggle to obtain it through the voluntary market. Its primary mission is to provide a safety net for those who may face challenges in securing insurance coverage on their own. By offering this essential service, the plan helps ensure that residents in the District of Columbia have the necessary protection while operating a vehicle. Although the information provided is limited, it is clear that the District of Columbia Automobile Insurance Plan plays a crucial role in ensuring access to auto insurance for those in need.
Official website here: www.aipso.com
Is District Of Columbia Automobile Insurance Plan legitimate?
District Of Columbia Automobile Insurance Plan is a legitimate nonprofit organization registered as a 501(c)(6) entity. District Of Columbia 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.
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Official website here: www.aipso.com
What is the mission statement of District Of Columbia Automobile Insurance Plan?
The District of Columbia Automobile Insurance Plan serves a mission to offer motor vehicle insurance coverage for individuals who are unable to secure it through the voluntary market. This initiative aims to ensure that everyone, regardless of their circumstances, has access to necessary vehicle insurance coverage. The plan provides a safety net for individuals who may face challenges in obtaining insurance coverage through conventional means. By offering this coverage, the plan contributes to the overall public safety and financial security of its beneficiaries.
Official website here: www.aipso.com
What is the revenue of District Of Columbia Automobile Insurance Plan?
District Of Columbia Automobile Insurance Plan's revenue in 2023 was $96,863.
Official website here: www.aipso.com
Who are the executives of District Of Columbia Automobile Insurance Plan and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.aipso.com
Where can I find the form 990EZ for District Of Columbia Automobile Insurance Plan?
District Of Columbia Automobile Insurance Plan's most recent form 990EZ was submitted in 2023 and can be accessed here.
Official website here: www.aipso.com
Learn more at the official website: www.aipso.com
Mission Statement of District Of Columbia Automobile Insurance Plan
The District of Columbia Automobile Insurance Plan is dedicated to providing motor vehicle insurance coverage for individuals who are unable to acquire it through the voluntary market. This nonprofit organization serves as a safety net, ensuring that individuals who may face challenges in obtaining insurance coverage have access to the necessary protection for their vehicles. By offering insurance coverage, the District of Columbia Automobile Insurance Plan helps maintain road safety and provides peace of mind to those who might otherwise be left unprotected.
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Impact
October, 2024
The District of Columbia Automobile Insurance Plan (DCAIP) plays a crucial role in providing access to motor vehicle insurance coverage for individuals who might otherwise struggle to secure it through the typical voluntary market. By offering an alternative pathway for obtaining insurance, DCAIP ensures that residents, particularly those considered high-risk drivers, have the necessary coverage to comply with legal requirements and protect themselves financially.
This plan helps to reduce the number of uninsured drivers on the road, which can lead to decreased financial risks for other drivers and improved overall safety in the community. By facilitating access to insurance, DCAIP not only enhances individual financial security but also contributes to community improvement by fostering responsible driving behavior and compliance with state regulations. In essence, DCAIP serves as a vital resource in promoting equitable access to necessary services within the motor vehicle insurance landscape.
This information is meant to be a general summary of District Of Columbia 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 2023.
- Investment Income: $953
- Gross Receipts: $96,863
Assets and Liabilities:
- Total Assets: $334,651
- Total Liabilities: $7,704
- Net Assets: $326,947
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Organization Details
Website
www.aipso.comNTEE Category
Code: S40 - Community improvement
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