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AIPSO: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
AIPSO (EIN 13-2732270)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-15
IRS object ID
202413209349312181
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-15T10:42:12-08:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN132732270EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1AIPSOBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlAIPSBusinessNameControlTxt
Phone4019462310PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1302 CENTRAL AVENUEAddressLine1Txt
CityJOHNSTONCityNm
State AbbreviationRIStateAbbreviationCd
ZIP029194932ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDavid MaynardPersonNm
Person TitleSenior Manager,Financial & InvestmePersonTitleTxt
Phone4019462310PhoneNum
Signature2024-11-11SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

FieldValueIRS element (for citing)
Business Name Line1Charles Kwolek JrBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1c/o AIPSO302 Central AveAddressLine1Txt
CityJohnstonCityNm
State AbbreviationRIStateAbbreviationCd
ZIP02919ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$128,845,465GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website Addresswww.aipso.comWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1973FormationYr
Legal Domicile StateRILegalDomicileStateCd
Activity Or MissionAIPSOs mission is to provide high quality services for the insurance residual market at the lowest possible cost.ActivityOrMissionDesc
Voting Members Governing Body13VotingMembersGoverningBodyCnt
Voting Members Independent13VotingMembersIndependentCnt
Total Employee551TotalEmployeeCnt
Total Volunteers13TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$79,474,830PYProgramServiceRevenueAmt
CY Program Service Revenue$127,834,494CYProgramServiceRevenueAmt
PY Investment Income$95,544PYInvestmentIncomeAmt
CY Investment Income$777,665CYInvestmentIncomeAmt
PY Other Revenue$98,270PYOtherRevenueAmt
CY Other Revenue$218,724CYOtherRevenueAmt
PY Total Revenue$79,668,644PYTotalRevenueAmt
CY Total Revenue$128,830,883CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$52,625,915PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$64,506,742CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$23,502,500PYOtherExpensesAmt
CY Other Expenses$48,834,928CYOtherExpensesAmt
PY Total Expenses$76,128,415PYTotalExpensesAmt
CY Total Expenses$113,341,670CYTotalExpensesAmt
PY Revenues Less Expenses$3,540,229PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$15,489,213CYRevenuesLessExpensesAmt
Total Assets BOY$84,201,784TotalAssetsBOYAmt
Total Assets EOY$100,666,444TotalAssetsEOYAmt
Total Liabilities BOY$107,335,670TotalLiabilitiesBOYAmt
Total Liabilities EOY$111,837,902TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$23,133,886NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$11,171,458NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionAIPSOs mission is to provide high quality services for the insurance residual market at the lowest possible cost.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
DescAutomated Information Systems Services provides and supports information systems for any residual market mechanism. We (1) provide systems planning and design, (2) coordinate telecommunications, networking, and data transmission, (3) offer programming expertise, (4) provide and maintain software, systems, and equipment.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescRating & Actuarial Services is a licensed rating and/or advisory organization in more than 45 states and the District of Columbia. We (1) collect, evaluate, and edit insurance premium,loss,and expense data received from statistical organizations that collect the data from insurance companies, (2) develop rates and rating rules designed specifically for the residual market, (3) develop individual rates for unique risks not specifically rated from the rating manuals, (4) present rate indications to governing committees, (5) file rates and rules with regulators on behalf of state residual market organizations, (6) provide rates and rules in both print and online formats.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescAIPSO Insurance Operations Services functions as a service provider to private and commercial risks in support of the auto insurance residual markets Commercial Automobile Insurance Procedures (CAIPs), Joint Underwriting Associations (JUAs), and Personal Automobile Insurance Plans (PAIPs) and Private Passenger Pools (PPPs). We (1)utilize a fronting company vendor in jurisdictions where Plan paper is not currently approved for use, (2)underwrite and issue policies assigned via contract with specific state Plan mechanisms, (3)provide customer service to producers and policyholders, (4)work with a claims vendor to service and settle all claims arising from issued policies and (5)report premium and loss statistical data to the mechanisms statistical agents.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (6 entries)

DescDesc
Producer Certification Services provides support for producer licensing and certification for residual market organizations. Management Consulting Services provide management expertise on a consulting basis to residual market mechanisms that are supported, but not managed, by our organization.
Pooling Mechanism Support Services provides analysis and administrative support for residual market organizations. Fraud Containment Services takes measures on both a national and state level to identify and combat premium diversion and other types of fraud in connection with insurance coverage provided through auto insurance residual market mechanisms and Producer involvement.
Regulatory Affairs Services communicates with state insurance regulatory agencies on various filings and regulatory issues. Servicing Carrier Audit Services conducts compliance audits (remotely or on-site) of residual market servicing carriers. Uniform Operating Rules Services develops uniform operating rules for residual market organizations.
Financial Services provides accounting and investment services for any residual market organization. Plan Management Services provides all necessary services, support, and/or products that are needed for the effective and efficient administration of an auto insurance plan, joint underwriting association, or reinsurance facility. Application Processing Services provides customer support
for any residual market mechanism. Legal and Compliance Services provides all necessary legal counsel and support for automobile residual market organizations managed by AIPSO. Members Participation Services collects data and performs calculations for insurers to equitably participate in the operating results of pooling mechanisms such as PAIP, CAIP,
JUA, and RF. Policy Form Service develops automobile insurance policies designed specifically for the residual market. Quota Sharing Services develops and adjusts quota ratios for insurers to maintain equitable sharing of insurance applications.
FieldValueIRS element (for citing)
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Subject To Proxy TaxYes (true)SubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document565IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee551EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members13GoverningBodyVotingMembersCnt
Independent Voting Member13IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressYes (true)OfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Kevin LeemanBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4019462310PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1302 CENTRAL AVENUEAddressLine1Txt
CityJOHNSTONCityNm
State AbbreviationRIStateAbbreviationCd
ZIP029194932ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (26 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
Hanover Ins Co
Gov Comm Member1.00Yes (X)$0$0$0
Allstate Ins Co
Gov Comm Member1.00Yes (X)$0$0$0
Nationwide Mut Ins Co
Gov Comm Member1.00Yes (X)$0$0$0
Amica Mut Ins Co
Gov Comm Member1.00Yes (X)$0$0$0
Farmers Ins Exchange
Gov Comm Member1.00Yes (X)$0$0$0
GEICO General Ins Co
Gov Comm Member1.00Yes (X)$0$0$0
Interinsurance Exchange of The Auto Club
Gov Comm Member1.00Yes (X)$0$0$0
State Farm Mut Auto Ins Co
Gov Comm Member1.00Yes (X)$0$0$0
The Travelers Companies
Gov Comm Member1.00Yes (X)$0$0$0
USAA
Gov Comm Member1.00Yes (X)$0$0$0
Progressive Cas Ins Co
Gov Comm Member1.00Yes (X)$0$0$0
Selective Ins Co
Gov Comm Member1.00Yes (X)$0$0$0
NJ Manufacturers Ins Co
Gov Comm Member1.00Yes (X)$0$0$0
Joseph Agresta
VP & Chief Information Officer37.50$299,341$0$55,201Yes (X)
Tyler Falcone
Director IS&PS37.50$191,855$0$54,244Yes (X)
Amy Hicks
VP & Chief Actuary37.50$289,267$0$47,483Yes (X)
Charles Kwolek
President & Chief Executive Officer37.50$587,673$0$114,010Yes (X)
Kevin Leeman
Director Financial & Investment Services37.50$233,161$0$55,695Yes (X)
Timothy Messier
AVP & Actuarial Team Leader37.50$255,311$0$68,086Yes (X)
Frank Pensabene
SVP & Chief Operating Officer37.50$322,367$0$66,489Yes (X)
Robert Powers
VP,General Counsel & Secretary37.50$253,888$0$66,472Yes (X)
Annemarie D'Attelo
Senior Counsel37.50$202,191$0$39,438Yes (X)
Keith Gentile
Actuary & Actuarial Team Leader37.50$217,117$0$55,433Yes (X)
Grace Lopes
Senior Counsel37.50$193,158$0$52,032Yes (X)
Matthew Mayfield
CAIP Services Director37.50$198,860$0$40,036Yes (X)
Michael O'Leary
Senior Counsel37.50$197,991$0$39,883Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,442,180TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$754,502TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K127IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
KPMG LLP
3 Chestnut Ridge Rd 5005MontvaleNJ07645Audit$1,768,350
Colonial Ins Svcs LLC
3845 Holcomb Bridge Rd Ste 200NorcrossGA30092Commission$918,673
Velocity Ins Multiservice LLC
70 Herrick StEast RutherfordNJ07073Commission$745,363
Acrisure LLC
5005 Plainfield Ave NE Ste 400Grand RapidsMI49525Commission$1,596,783
Rubicon Builders LLC
800 South Main StMansfieldMA02048Construction$931,013
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K13CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
Assessments524298$40,236,324$0$0
Central Processor fees524298$18,776,009$0$0
Services Rendered to Plans524298$10,365,387$0$0
Service charges & service provider fees524298$57,159,312$0$0
Management Fee524298$1,033,139$0$0

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$264,323TotalRevenueColumnAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$127,834,494TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$792,247TotalRevenueColumnAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$0OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$14,582OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other-$14,582OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$14,582TotalRevenueColumnAmt
Related Or Exempt Func Income-$14,582RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescLate FeesDesc
Business524298BusinessCd
Total Revenue Column$218,724TotalRevenueColumnAmt
Related Or Exempt Func Income$218,724RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$218,724OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$128,830,883TotalRevenueColumnAmt
Related Or Exempt Func Income$128,830,883RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,987,812TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$41,073,595TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$5,634,367TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$11,519,005TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$3,291,963TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$1,040,973TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$79,674TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$547,900TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,422,657TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$3,335,729TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$2,908,058TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$357,847TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$20,890TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,515,569TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$468,326TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Policy administration$23,048,323$0$0$0
Temporary personnel$1,098,287$0$0$0
Shared resources$7,824,846$0$0$0
Leverage resources$3,714,471$0$0$0

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,451,378TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$113,341,670TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$42,837,000BOYAmt
EOY-$4,698,597EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$6,028,035BOYAmt
EOY$51,085,556EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$24,118,363BOYAmt
EOY$42,319,146EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$1,236BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$472,402BOYAmt
EOY$406,479EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$24,487,297LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$16,971,729LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$6,551,984BOYAmt
EOY$7,515,568EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$4,192,764BOYAmt
EOY$4,038,292EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$84,201,784BOYAmt
EOY$100,666,444EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$50,757,648BOYAmt
EOY$43,224,314EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$56,578,022BOYAmt
EOY$68,613,588EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$107,335,670BOYAmt
EOY$111,837,902EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY-$23,133,886BOYAmt
EOY-$11,171,458EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$23,133,886BOYAmt
EOY-$11,171,458EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$84,201,784BOYAmt
EOY$100,666,444EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$15,489,213ReconcilationRevenueExpnssAmt
Other Changes In Net Assets-$3,526,785OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues NondedfalseSubstantiallyAllDuesNondedInd
Only In House LobbyingYes (true)OnlyInHouseLobbyingInd
Agree Carryover Prior YearfalseAgreeCarryoverPriorYearInd

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$908,645OtherCostOrOtherBasisAmt
Book Value$908,645BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$14,678,406OtherCostOrOtherBasisAmt
Depreciation$11,841,471DepreciationAmt
Book Value$2,836,935BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$7,163,172OtherCostOrOtherBasisAmt
Depreciation$5,130,258DepreciationAmt
Book Value$2,032,914BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,737,074OtherCostOrOtherBasisAmt
Book Value$1,737,074BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$7,515,568TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (6 entries)

DescDescBook ValueBookValueAmt
Due from plans - pension$3,021,676
Due from plans - vacation$36,451
Due from plans - lease obligations$33,841
Operating lease right of use assets$181,379
Finance lease right of use assets,net$763,541
Due from plans - assessment$1,404
FieldValueIRS element (for citing)
Total Book Value Other Assets$4,038,292TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (7 entries)

DescDescAmtAmt
Accrued pension$7,569,435
Accrued vacation$376,370
Advance assessments$23,214,360
Post-retirement benefits$36,406,651
Operating lease obligations$214,519
Finance lease obligations$774,007
Other liabilities$58,246
FieldValueIRS element (for citing)
Total Liability$68,613,588TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$128,830,883TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$128,830,883RevenueSubtotalAmt
Total Revenue Per Form990$128,830,883TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$113,341,670TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$113,341,670ExpensesSubtotalAmt
Total Expenses Per Form990$113,341,670TotalExpensesPerForm990Amt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Idemnification Gross Up PmtsYes (X)IdemnificationGrossUpPmtsInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (13 entries)

Base Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Joseph Agresta
$299,197$0$144$0$0$0$44,929$0$12,467$0$356,737$0$0$0
Tyler Falcone
$191,558$0$297$0$0$0$29,974$0$25,956$0$247,785$0$0$0
Amy Hicks
$289,124$0$144$0$0$0$43,657$0$5,973$0$338,898$0$0$0
Charles Kwolek
$565,030$0$144$0$22,500$0$103,862$0$13,290$0$704,826$0$0$0
Kevin Leeman
$233,018$0$144$0$0$0$35,664$0$21,916$0$290,742$0$0$0
Timothy Messier
$255,168$0$144$0$0$0$40,516$0$28,842$0$324,670$0$0$0
Frank Pensabene
$322,223$0$145$0$0$0$47,332$0$21,454$0$391,154$0$0$0
Robert Powers
$252,968$0$920$0$0$0$39,452$0$29,022$0$322,362$0$0$0
Annemarie D'Attelo
$202,049$0$142$0$0$0$29,566$0$11,581$0$243,338$0$0$0
Keith Gentile
$216,973$0$144$0$0$0$33,727$0$23,526$0$274,370$0$0$0
Grace Lopes
$193,017$0$142$0$0$0$30,325$0$23,386$0$246,870$0$0$0
Matthew Mayfield
$197,176$0$1,684$0$0$0$31,121$0$10,631$0$240,612$0$0$0
Michael O'Leary
$197,852$0$139$0$0$0$30,111$0$11,466$0$239,568$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (26 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Pt VI, Line 6Members consist of companies writing the majority of automobile insurance in the United States.
Pt VI, Line 7aMembers elect the governing body which is composed of 13 major insurance companies.
Pt VI, Line 11bForm 990 is reviewed and signed by either AIPSOs Director or Manager of Financial & Investment Services.
Pt VI, Line 12cDirectors and Officers are required annually to sign a Conflict of Interest Statement disclosing any conflicts.
Pt VI, Line 15aThe Compensation and Benefits Work Group (comprised of the AIPSO BOD Chairperson and two members of the AIPSO BOD) annually reviews the performance of the President and makes a recommendation through the Board Chair to the full Board regarding annual salary adjustments. The Presidents compensation is subject to the same process as all other employees, including a designated salary grade level established by the Board. The Board may also retain outside independent compensation advisors, as deemed advisable by the Board, and review benchmark information to ensure that compensation of the President is reasonable. The Compensation and Benefits Work Group also coordinates with the President to develop the performance goals and criteria for recommendation to the Board.
Pt VI, Line 15bCompensation of Officers is reviewed and approved by Human Resource Services and the President of AIPSO, provided that persons with conflicts of interest with respect to that compensation arrangement at issue are not involved in this review and approval. The compensation of the person is reviewed and approved using data as to comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations. AIPSO participates in a variety of well-known regional and national salary surveys conducted by third party sources to obtain survey data. There is contemporaneous documentation and recordkeeping with respect to deliberations and decisions regarding the compensation arrangement.
Pt VI, Line 19Governing documents, conflict of interest policy and financial statements are available upon request.
Pt XIOther changes in fund balance consist of changes in pension other than net periodic cost ($1,187,945), reapportionment of prior years deficiency $3,034,902, and AIO refund to member companies ($5,373,742).
Form 990, Part III, Line 4dProducer Certification Services provides support for
Form 990, Part III, Line 4dPooling Mechanism Support Services provides analysis and
Form 990, Part III, Line 4dFinancial Services provides accounting and investment services
Form 990, Part III, Line 4dfor any residual market mechanism.
Form 990, Part III, Line 4dJUA, and RF.
Form 990, Part VI, Line 9Allstate Ins Co 332 Buckingham Dr Grayslake IL XXX-XX-XXXX
Form 990, Part VI, Line 9Amica Mutual Ins Co 50 Amica Way Lincoln RI XXX-XX-XXXX
Form 990, Part VI, Line 9Farmers Ins Exchange 1000 Lori Ln Phoenixville PA XXX-XX-XXXX
Form 990, Part VI, Line 9GEICO General Ins CO 11 Corbin Ct,R/M Opers Huntington NY XXX-XX-XXXX
Form 990, Part VI, Line 9Interinsurance Exchange of The Auto Club 5900 Baum Blvd Pittsburgh PA XXX-XX-XXXX
Form 990, Part VI, Line 9State Farm Mut Auto Ins Co 2008 Longwood Ln Bloomington IL XXX-XX-XXXX
Form 990, Part VI, Line 9Travelers Companies 1 Tower Sq,#PHXG Hartford CT XXX-XX-XXXX
Form 990, Part VI, Line 9USAA 9800 Fredericksburg Rd,H SVC W San Antonio TX XXX-XX-XXXX
Form 990, Part VI, Line 9Selective Ins Co of America 35 W Hampton Rd Philadelphia PA XXX-XX-XXXX
Form 990, Part VI, Line 9Progressive Cas Ins Co 625 Alpha Dr Highland Heights OH XXX-XX-XXXX
Form 990, Part VI, Line 9Nationwide Mut Ins Co 1 Nationwide Plaza #1-18-101 Columbus OH XXX-XX-XXXX
Form 990, Part VI, Line 9NJ Manufacturers Ins Co 102 Albemarle Rd Hamilton Square NJ XXX-XX-XXXX
Form 990, Part VI, Line 9Hanover Ins Co 440 Lincoln St #S443 Worcester MA XXX-XX-XXXX

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (7 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxt
New Jersey Automobile Insurance Plan
c/o AIPSO302 Central AveJohnstonRI02919223182137Make automobile insurance available for persons unable to obtain coverage in the voluntary market.NJ501(c)(6)n/a
Virginia Automobile Insurance Plan
c/o AIPSO302 Central AveJohnstonRI02919540843888Make automobile insurance available for persons unable to obtain coverage in the voluntary market.VA501(c)(6)n/a
Delaware Automobile Insurance Plan
c/o AIPSO302 Central AveJohnstonRI02919136194670Make automobile insurance available for persons unable to obtain coverage in the voluntary market.DE501(c)(6)n/a
District of Columbia Automobile Insurance Plan
c/o AIPSO302 Central AveJohnstonRI02919521051263Make automobile insurance available for persons unable to obtain coverage in the voluntary market.DC501(c)(6)n/a
Maine Automobile Insurance Plan
c/o AIPSO302 Central AveJohnstonRI02919237174076Make automobile insurance available for persons unable to obtain coverage in the voluntary market.ME501(c)(6)n/a
Rhode Island Automobile Insurance Plan
c/o AIPSO302 Central AveJohnstonRI02919136194674Make automobile insurance available for persons unable to obtain coverage in the voluntary market.RI501(c)(6)n/a
West Virginia Automobile Insurance Plan
c/o AIPSO302 Central AveJohnstonRI02919136194673Make automobile insurance available for persons unable to obtain coverage in the voluntary market.WV501(c)(6)n/a
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgYes (true)RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (true)SharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (true)ReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd