Overview
What is Oklahoma Automobile Insurance Plan?
The Oklahoma Automobile Insurance Plan is a nonprofit organization with a primary mission to offer automobile insurance coverage to qualified drivers who struggle to obtain it in the voluntary market. By performing essential administrative duties, such as appropriately assigning residual drivers to participating insurance companies, this program ensures that necessary insurance coverage is accessible for those in need. The ultimate goal is to provide a safety net for drivers who, due to various circumstances, are unable to secure automobile insurance through regular market channels.
Official website here: www.aipso.com
Is Oklahoma Automobile Insurance Plan legitimate?
Oklahoma Automobile Insurance Plan is a legitimate nonprofit organization registered as a 501(c)(6) entity. Oklahoma 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.aipso.com
What is the mission statement of Oklahoma Automobile Insurance Plan?
The Oklahoma Automobile Insurance Plan's mission is centered around providing essential administrative services. Primarily, it focuses on appropriately assigning residual drivers to participating insurance companies. Its main objective is to make automobile insurance accessible to qualified individuals who struggle to obtain coverage in the voluntary market. Furthermore, the plan extends its services to provide automobile insurance to those who are unable to procure it in the voluntary market due to certain circumstances.
Official website here: www.aipso.com
What is the revenue of Oklahoma Automobile Insurance Plan?
Oklahoma Automobile Insurance Plan's revenue in 2024 was $134,644.
Official website here: www.aipso.com
Who are the executives of Oklahoma Automobile Insurance Plan and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.aipso.com
Where can I find the form 990EZ for Oklahoma Automobile Insurance Plan?
Oklahoma Automobile Insurance Plan's most recent form 990EZ 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 Oklahoma Automobile Insurance Plan
The Oklahoma Automobile Insurance Plan, in essence, plays a crucial role in ensuring automobile insurance coverage for individuals who are unable to obtain it through the voluntary market. Its primary mission is to administer the program effectively, primarily by properly assigning residual drivers to participating insurance companies. This assignment process is instrumental in making automobile insurance available to those who would otherwise be left uninsured. Furthermore, the plan extends its services to qualified drivers who are unable to procure automobile insurance in the voluntary market, thereby providing a safety net for these individuals.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Oklahoma Automobile Insurance Plan plays a vital role in ensuring that qualified drivers who cannot access automobile insurance in the voluntary market still have options for coverage. By providing administrative functions, the plan efficiently allocates residual drivers to participating insurance companies, effectively bridging a significant gap in the insurance market. This allows individuals who may face difficulties due to various factors—such as high-risk classifications or prior coverage issues—to secure the necessary insurance protection.
The impact of this program is profound, as it enhances community safety by increasing the number of insured drivers on the road. This ultimately contributes to reducing the financial burden on the system caused by uninsured drivers and promotes a more responsible approach to vehicle ownership and operation within the state. Through its targeted efforts, the Oklahoma Automobile Insurance Plan supports individuals in obtaining essential coverage, fostering a more inclusive and secure driving environment.
This information is meant to be a general summary of Oklahoma 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: $4,490
- Program Service Revenue: $3,811
- Gross Receipts: $134,644
Assets and Liabilities:
- Total Assets: $236,004
- Total Liabilities: $8,216
- Net Assets: $227,788
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Website
www.aipso.comNTEE Category
Code: S40 - Community improvement
If you are a representative of Oklahoma Automobile Insurance Plan and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.