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AIPSO: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
AIPSO (EIN 13-2732270)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-14
IRS object ID
202223189349307062
Schema version
2021v4.1
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)
Return2022-11-14T09:27:21-08:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt
Return Type990ReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

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 TitleSr Manager, Financial & InvestmentPersonTitleTxt
Phone4019462310PhoneNum
Signature2022-05-09SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstDavidPersonFirstNm
Person LastMaynardPersonLastNm

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

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$59,726,935GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website Addresswww.aipso.comWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1973FormationYr
Legal Domicile StateRILegalDomicileStateCd
Activity Or MissionAIPSO's 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 Employee333TotalEmployeeCnt
Total Volunteers13TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$55,039,749PYProgramServiceRevenueAmt
CY Program Service Revenue$59,681,489CYProgramServiceRevenueAmt
PY Investment Income$38,747PYInvestmentIncomeAmt
CY Investment Income-$803CYInvestmentIncomeAmt
PY Other Revenue$51,893PYOtherRevenueAmt
CY Other Revenue$43,277CYOtherRevenueAmt
PY Total Revenue$55,130,389PYTotalRevenueAmt
CY Total Revenue$59,723,963CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$42,312,686PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$44,441,633CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$13,225,514PYOtherExpensesAmt
CY Other Expenses$15,756,467CYOtherExpensesAmt
PY Total Expenses$55,538,200PYTotalExpensesAmt
CY Total Expenses$60,198,100CYTotalExpensesAmt
PY Revenues Less Expenses-$407,811PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$474,137CYRevenuesLessExpensesAmt
Total Assets BOY$44,275,857TotalAssetsBOYAmt
Total Assets EOY$43,724,531TotalAssetsEOYAmt
Total Liabilities BOY$110,202,582TotalLiabilitiesBOYAmt
Total Liabilities EOY$86,896,970TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$65,926,725NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$43,172,439NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionAIPSO's 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 Services is a licensed rating organization in more than 40 states and the District of Columbia. We (1) collect, evaluate, and edit insurance premium and expense data received from statistical organizations that collect the data from insurance companies, (2) develop rates, rating rules, and supporting policy forms 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,rules,and policy forms with regulators on behalf of state residual market organizations, (6) provide rates,rules,and policy forms in both print and Web-based formats.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescFinancial Services provides accounting and investment services for any residual market organization. We (1) process account receivables/payables, (2) maintain general ledgers, (3) prepare financial statements, reports, and tax filings, (4) maintain and reconcile bank accounts, (5) prepare, distribute, and collect assessments, (6) oversee mechanisms' investments on a centralized basis.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (7 entries)

DescDesc
Plan Management Services provide all necessary services for the effective and efficient administration of any residual market mechanism. Quota Sharing and Members Participation Services develops and adjusts ratios for insurers to maintain equitable sharing of insurance applications and participation in operating results.
Policy Forms Services develops automobile insurance policies designed specifically for the residual market. Uniform Operating Rules Services develops uniform operating rules for residual market organizations. Legal Counsel Services provides legal counsel for residual market organizations. Application Processing Services processes insurance
applications and provides customer support for any residual market mechanism. Servicing Carrier Audit Services provides on-site audits of servicing carriers for any residual market mechanism. Regulatory Affairs Services communicates with state insurance regulatory agencies on various filings.
Producer Certification Services provides support for producer licensing and certification for residual market organizations. Management Consulting Services provides management expertise on a consulting basis to residual market mechanisms that are supported, but not managed, by our organization.
Commercial Automobile Safety Program Services provides processing support for loss prevention programs. Pool Operations 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 claims fraud in connection with
insurance coverage provided through auto insurance residual market mechanisms. CAIP Backup Services provides support of the auto insurance residual market's Commercial Automobile Insurance Procedures (CAIPs). Policy Administration Services functions as a third party policy administrator for auto insurance
residual market mechanisms.
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 Document92IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee333EmployeeCnt
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 (27 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeIndKey EmployeeKeyEmployeeInd
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
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
Charles Kwolek Jr
President37.50$741,550$0$110,381Yes (X)
Frank Pensabene
Vice President37.50$276,313$0$54,931Yes (X)
Lawrence Iacoi
Vice President37.50$597,510$0$77,690Yes (X)
Joseph Agresta
Vice President37.50$284,405$0$46,786Yes (X)
Timothy Messier
Asst Vice President37.50$237,554$0$55,202Yes (X)
Amy Hicks
Vice President37.50$265,964$0$40,520Yes (X)
Kevin Leeman
Director Financial Srvs37.50$211,455$0$47,893Yes (X)
Annemarie D'Attelo
Senior Counsel37.50$187,602$0$34,888Yes (X)
Keith Gentile
Actuary37.50$200,583$0$48,196Yes (X)
Christopher Young
Director Rules & Policy37.50$183,875$0$51,547Yes (X)
Robert Powers
Senior Counsel37.50$210,249$0$54,359Yes (X)
Tyler Falcone
Director IS&PS37.50$177,821$0$47,501Yes (X)
Thomas Assad Jr
Director37.50$175,027$0$44,020Yes (X)
Michael O'Leary
Senior Counsel37.50$171,756$0$33,595Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,921,664TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$747,509TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K14IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
Velocity Ins Multiservices LLC
4514 Bergen TurnpikeNorth BergenNJ07047Insurance Agency$828,370
KPMG LLP
3 Chestnut Ridge RdMontvaleNJ07645Audit$779,000
One Stop Insurance Agency LLc
257 Madison Ave Ste 102Perth AmboyNJ08861Insurance Agency$346,218
Phoenix Risk Management LLC
62 Rose AveJersey CityNJ07305Insurance Agency$339,620
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
Assessments524298$35,179,604$0$0
Central Processor fees524298$6,976,725$0$0
Services Rendered524298$7,756,108$0$0
Service charges & service provider fees524298$9,594,784$0$0

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$174,268TotalRevenueColumnAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$59,681,489TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,169TotalRevenueColumnAmt
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$2,972OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other-$2,972OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$2,972TotalRevenueColumnAmt
Related Or Exempt Func Income-$2,972RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
Late Fees524298$39,510$39,510$0$0
Miscellaneous524298$3,767$3,767$0$0
FieldValueIRS element (for citing)
Other Revenue Total$43,277OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$59,723,963TotalRevenueColumnAmt
Related Or Exempt Func Income$59,723,963RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$3,587,596TotalAmt
Program Services$3,587,596ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$26,097,236TotalAmt
Program Services$26,097,236ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$3,697,892TotalAmt
Program Services$3,697,892ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$8,935,966TotalAmt
Program Services$8,935,966ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$2,122,943TotalAmt
Program Services$2,122,943ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$46,185TotalAmt
Program Services$46,185ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$656,315TotalAmt
Program Services$656,315ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$824,763TotalAmt
Program Services$824,763ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$2,088,433TotalAmt
Program Services$2,088,433ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$2,005,052TotalAmt
Program Services$2,005,052ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$88,235TotalAmt
Program Services$88,235ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$869,434TotalAmt
Program Services$869,434ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$298,203TotalAmt
Program Services$298,203ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Policy administration$4,203,499$4,203,499$0$0
Rate & survey data fees$1,007,811$1,007,811$0$0
Shared resources$2,232,070$2,232,070$0$0
Leverage resources$612,638$612,638$0$0

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$823,829TotalAmt
Program Services$823,829ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$60,198,100TotalAmt
Program Services$60,198,100ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,315,114BOYAmt
EOY$1,428,106EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$17,095,862BOYAmt
EOY$18,498,306EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$12,663,694BOYAmt
EOY$15,118,290EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

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

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$605,382BOYAmt
EOY$467,159EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$20,621,747LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$16,350,225LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$4,861,968BOYAmt
EOY$4,271,522EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$6,732,601BOYAmt
EOY$3,939,912EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$44,275,857BOYAmt
EOY$43,724,531EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$6,422,173BOYAmt
EOY$6,086,328EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$103,780,409BOYAmt
EOY$80,810,642EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$110,202,582BOYAmt
EOY$86,896,970EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY-$65,926,725BOYAmt
EOY-$43,172,439EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$65,926,725BOYAmt
EOY-$43,172,439EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$44,275,857BOYAmt
EOY$43,724,531EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$474,137ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$23,228,423OtherChangesInNetAssetsAmt
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$14,172,996OtherCostOrOtherBasisAmt
Depreciation$11,424,746DepreciationAmt
Book Value$2,748,250BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,371,951OtherCostOrOtherBasisAmt
Depreciation$4,843,824DepreciationAmt
Book Value$528,127BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$168,155OtherCostOrOtherBasisAmt
Depreciation$81,655DepreciationAmt
Book Value$86,500BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$4,271,522TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
Due from plans - pension$3,849,538
Due from plans - vacation$47,364
Due from plans - deferred rent$43,010
FieldValueIRS element (for citing)
Total Book Value Other Assets$3,939,912TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDescAmtAmt
Accrued pension$13,697,172
Accrued vacation$407,383
Advance assessments$19,626,938
Post-retirement benefits$47,026,832
Deferred rent$52,317
FieldValueIRS element (for citing)
Total Liability$80,810,642TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$59,723,963TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$59,723,963RevenueSubtotalAmt
Total Revenue Per Form990$59,723,963TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$60,198,100TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$60,198,100ExpensesSubtotalAmt
Total Expenses Per Form990$60,198,100TotalExpensesPerForm990Amt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (14 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
Charles Kwolek Jr
$435,414$0$6,586$0$299,551$0$100,891$0$12,639$0$855,081$0$0$0
Frank Pensabene
$276,313$0$0$0$0$0$37,343$0$19,493$0$333,149$0$0$0
Lawrence Iacoi
$251,388$0$793$0$345,329$0$76,981$0$886$0$675,377$0$0$0
Joseph Agresta
$284,405$0$0$0$0$0$38,296$0$10,434$0$333,135$0$0$0
Timothy Messier
$237,554$0$0$0$0$0$29,894$0$27,082$0$294,530$0$0$0
Amy Hicks
$265,114$0$850$0$0$0$36,194$0$6,193$0$308,351$0$0$0
Kevin Leeman
$211,455$0$0$0$0$0$29,305$0$20,216$0$260,976$0$0$0
Annemarie D'Attelo
$187,588$0$14$0$0$0$25,524$0$10,828$0$223,954$0$0$0
Keith Gentile
$200,583$0$0$0$0$0$28,109$0$21,674$0$250,366$0$0$0
Christopher Young
$182,351$0$1,524$0$0$0$25,989$0$27,040$0$236,904$0$0$0
Robert Powers
$210,249$0$0$0$0$0$29,551$0$26,433$0$266,233$0$0$0
Tyler Falcone
$177,821$0$0$0$0$0$24,943$0$23,988$0$226,752$0$0$0
Thomas Assad Jr
$175,027$0$0$0$0$0$24,282$0$21,128$0$220,437$0$0$0
Michael O'Leary
$171,710$0$47$0$0$0$24,230$0$10,751$0$206,738$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (28 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 AIPSO's 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 President's 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 $19,456,455, reapportionment of prior year's deficiency $271,968, and AIO contingency fund reserve increase $3,500,000.
Form 990, Part III, Line 4dPlan Management Services provide all necessary services
Form 990, Part III, Line 4dPolicy Forms Services develops automobile insurance
Form 990, Part III, Line 4dapplications and provides customer support for any
Form 990, Part III, Line 4dProducer Certification Services provides support for
Form 990, Part III, Line 4dCommercial Automobile Safety Program Services provides
Form 990, Part III, Line 4dinsurance coverage provided through auto insurance
Form 990, Part III, Line 4dresidual market mechanisms.
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 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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxt
New Jersey Personal 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
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