Overview
What is Alabama Automobile Insurance Plan?
The Alabama Automobile Insurance Plan is a nonprofit organization dedicated to ensuring motor vehicle insurance accessibility for individuals who struggle to secure coverage within the voluntary market. By operating within this niche, the plan aims to bridge the gap and provide essential insurance coverage, thereby ensuring that all road users have some level of protection. Although the information provided is limited, it suggests that the organization serves a valuable purpose in Alabama's insurance landscape.
Official website here: www.aipso.com/al
Is Alabama Automobile Insurance Plan legitimate?
Alabama Automobile Insurance Plan is a legitimate nonprofit organization registered as a 501(c)(6) entity. Alabama 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/al
What is the mission statement of Alabama Automobile Insurance Plan?
The Alabama Automobile Insurance Plan, in its mission, aims to ensure that motor vehicle insurance is accessible for individuals who have been unable to secure coverage in the voluntary market. This is done to provide a safety net for these individuals, addressing the insurance needs they may have otherwise gone unmet. It's crucial to note that the plan operates under specific circumstances, as outlined in the provided information.
Official website here: www.aipso.com/al
Who is the CEO of Alabama Automobile Insurance Plan?
Unavailable
Official website here: www.aipso.com/al
What is the revenue of Alabama Automobile Insurance Plan?
Alabama Automobile Insurance Plan's revenue in 2022 was $2,971.
Official website here: www.aipso.com/al
Who are the executives of Alabama Automobile Insurance Plan and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.aipso.com/al
Where can I find the form 990EZ for Alabama Automobile Insurance Plan?
Alabama Automobile Insurance Plan's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.aipso.com/al
Learn more at the official website: www.aipso.com/al
Mission Statement of Alabama Automobile Insurance Plan
The Alabama Automobile Insurance Plan, as its mission statement suggests, is dedicated to making motor vehicle insurance accessible for individuals who have been unable to secure coverage in the voluntary market. This organization serves as a safety net, ensuring that eligible individuals are not left without the necessary insurance protection for their vehicles. The plan's primary objective is to bridge the gap for those who might otherwise be excluded from the traditional insurance market, thereby promoting road safety and financial security for all.
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Impact
October, 2024
The Alabama Automobile Insurance Plan significantly impacts the availability of motor vehicle insurance for individuals who struggle to secure coverage through the conventional voluntary market. By facilitating access to essential insurance protections, it helps prevent gaps in coverage that can lead to legal and financial repercussions for uninsured drivers. This initiative fosters greater community safety and responsibility on the roads, ensuring that all drivers have the opportunity to comply with insurance requirements, thereby enhancing overall roadway security. Additionally, it supports individuals who may face challenges due to factors like high-risk status, previous coverage denials, or financial constraints, ultimately promoting inclusivity and stability within the automobile insurance landscape in Alabama.
This information is meant to be a general summary of Alabama 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 2022.
- Investment Income: $2,671
- Gross Receipts: $2,971
Assets and Liabilities:
- Total Assets: $368,176
- Total Liabilities: $50,842
- Net Assets: $317,334
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Organization Details
Phone
(401) 946-2310Main Address
c/o AIPSO 302 CENTRAL AVENUE, JOHNSTON, RI, 029194932
Website
www.aipso.com/alNTEE Category
Code: S40 - Community improvement
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