Overview
What is Oregon Fair Plan Association?
The Oregon Fair Plan Association is a nonprofit organization situated in Beaverton, Oregon. Its primary mission is to ensure that all eligible properties in the state can obtain essential property insurance, catering to individuals who fail to meet the criteria for coverage from traditional insurance providers. With a small team of three employees, the association serves an essential role in protecting homes and properties that might otherwise be left uninsured. The Oregon Fair Plan Association operates to mitigate potential risks and provide peace of mind for property owners in need.
Official website here: www.orfairplan.com
Is Oregon Fair Plan Association legitimate?
Oregon Fair Plan Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Oregon Fair Plan Association 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: $80,492
Professional Fundraising Fees: $0
Other Salaries and Wages: $128,036
For more financial information, click here
Official website here: www.orfairplan.com
What is the mission statement of Oregon Fair Plan Association?
The Oregon Fair Plan Association's mission is centered around ensuring that all eligible property owners in the state, who may struggle to secure coverage under traditional insurance providers, have access to essential property insurance. The organization strives to bridge this gap, providing a vital service to property owners who might otherwise be left unprotected. The association operates with the aim of promoting equal opportunities for property insurance, thereby safeguarding the assets of those who may be disadvantaged in the traditional insurance market.
Official website here: www.orfairplan.com
Who is the CEO of Oregon Fair Plan Association?
Andrew Davies is the Executive Di of Oregon Fair Plan Association.
Official website here: www.orfairplan.com
What is the revenue of Oregon Fair Plan Association?
Oregon Fair Plan Association's revenue in 2022 was $1,090,472.
Official website here: www.orfairplan.com
Who are the executives of Oregon Fair Plan Association and what are their salaries?
The average compensation at Oregon Fair Plan Association during 2022 was $69,509. There are 3 employees at Oregon Fair Plan Association.
Here are 7 key members and their salaries:
- Compensation: $80,492
- Related: $0
- Other: $27,253
- 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.orfairplan.com
Where can I find the form 990 for Oregon Fair Plan Association?
Oregon Fair Plan Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.orfairplan.com
Learn more at the official website: www.orfairplan.com
Mission Statement of Oregon Fair Plan Association
The Oregon Fair Plan Association, a notable organization, is dedicated to ensuring that all eligible properties in the state of Oregon can secure essential property insurance. This is particularly crucial for individuals who find it challenging to qualify for coverage under traditional insurance providers. By taking on this mission, the association aims to bridge the insurance gap, providing a vital safety net for property owners in need.
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Impact
October, 2024
The Oregon Fair Plan Association plays a crucial role in providing essential property insurance to individuals and businesses in Oregon who are unable to secure coverage from traditional insurance providers. By ensuring that all eligible properties can obtain necessary insurance, the association helps bridge the coverage gap for those at risk of being uninsured due to factors such as high risk assessments or specific property conditions.
This accessibility to insurance is vital not only for safeguarding individual assets but also for fostering community stability and resilience. By mitigating the financial risks associated with property damage and losses, the association supports property owners in maintaining their investments and contributes to the overall economic health of the region. The presence of the Oregon Fair Plan Association thus has a direct impact on the lives of Oregonians, promoting equity in insurance access and enhancing the security of properties across the state.
This information is meant to be a general summary of Oregon Fair Plan Association. 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: $61,933
- Program Service Revenue: $1,025,919
- Gross Receipts: $1,090,472
Assets and Liabilities:
- Total Assets: $2,979,621
- Total Liabilities: $886,185
- Net Assets: $2,093,436
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BASIC INSURANCE COVER
Revenue
$1,025,919
Organization Details
Founding Year
1971
Phone
(503) 643-5448Principal Officer
Andrew Davies
Main Address
8705 SW NIMBUS AVE SUITE 360, BEAVERTON, OR, 97008
Website
www.orfairplan.comNTEE Category
Code: Z99 - Unknown
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