Alaska Automobile Insurance Plan

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 946173894 ✦ Johnston, RI ✦ Designated as a 501(c)(6)

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Overview

What is Alaska Automobile Insurance Plan?

Alaska Automobile Insurance Plan is a nonprofit organization situated in Johnston, RI. Its primary mission is to provide motor vehicle insurance access to individuals who struggle to obtain coverage in the voluntary market. Operating from its base in Johnston, RI, this organization serves as a vital resource for those in need, ensuring they can legally drive and maintain their vehicles with adequate insurance coverage.


Official website here: www.aipso.com/ak

Is Alaska Automobile Insurance Plan legitimate?

Alaska Automobile Insurance Plan is a legitimate nonprofit organization registered as a 501(c)(6) entity. Alaska 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/ak

What is the mission statement of Alaska Automobile Insurance Plan?

The Alaska Automobile Insurance Plan serves a crucial role by providing motor vehicle insurance access to individuals who find it challenging to secure coverage in the voluntary market. Operating as a solution, its mission is centered around ensuring that these individuals have the necessary insurance coverage. This plan operates from Johnston, RI, but the focus of its mission remains on providing equitable insurance opportunities for all.


Official website here: www.aipso.com/ak

Who is the CEO of Alaska Automobile Insurance Plan?

Unavailable


Official website here: www.aipso.com/ak

What is the revenue of Alaska Automobile Insurance Plan?

Alaska Automobile Insurance Plan's revenue in 2022 was $7,814.


Official website here: www.aipso.com/ak

Who are the executives of Alaska Automobile Insurance Plan and what are their salaries?


Here are 7 key members and their salaries:


State Farm (Gov Comm Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geico (Gov Comm Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
The Hartford (Gov Comm Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allstate Ins Co (Gov Comm Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
21St Century Centennial Insurance Company (Gov Comm Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Progressive (Gov Comm Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Travelers Companies (Gov Comm Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.aipso.com/ak

Where can I find the form 990EZ for Alaska Automobile Insurance Plan?

Alaska Automobile Insurance Plan's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.aipso.com/ak

Learn more at the official website: www.aipso.com/ak

Mission Statement of Alaska Automobile Insurance Plan

Alaska Automobile Insurance Plan, in its mission, strives to provide motor vehicle insurance access to individuals who find it challenging to obtain coverage in the voluntary market. The organization operates with the primary goal of ensuring that every person, regardless of their insurance history, can secure the necessary protection for their vehicles. By providing this service, Alaska Automobile Insurance Plan plays a crucial role in enhancing road safety and financial security for those who might otherwise be left uninsured.

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Impact




October, 2024

The Alaska Automobile Insurance Plan plays a crucial role in providing access to motor vehicle insurance for individuals who struggle to secure coverage through traditional voluntary markets. By offering a safety net for high-risk drivers, it helps ensure that these individuals can obtain the necessary insurance, promoting responsible driving and financial protection. This program contributes to overall road safety by reducing the number of uninsured drivers on the roads, thereby benefiting all members of the community. Additionally, it facilitates greater inclusion and support for those who might otherwise find themselves excluded from the insurance market due to factors such as driving history or financial circumstances.




This information is meant to be a general summary of Alaska 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.

Revenue
$7,814 (2022)
Expenses
$131,288 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,066
  • Program Service Revenue: $6,609
  • Gross Receipts: $7,814

Assets and Liabilities:

  • Total Assets: $151,898
  • Total Liabilities: $60,683
  • Net Assets: $91,215

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Organization Details

Main Address

c/o AIPSO 302 CENTRAL AVENUE, JOHNSTON, RI, 029194932

NTEE Category

Code: Y20 - Mutual benefit

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