AIPSO: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- AIPSO (EIN 13-2732270)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-08-04
- IRS object ID
- 201622179349301352
- Schema version
- 2015v2.1
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-08-04T10:42:38-07:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 132732270 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AIPSO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | AIPS | BusinessNameControlTxt |
| Phone | 4019462310 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 302 CENTRAL AVENUE | AddressLine1Txt |
| City | JOHNSTON | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 029194932 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID MAYNARD | PersonNm |
| Person Title | ACCOUNTING MANAGER | PersonTitleTxt |
| Phone | 4019462310 | PhoneNum |
| Signature | 2016-04-06 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2016-12-15 16:53:06Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Charles Kwolek Jr | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | c/o AIPSO302 Central Ave | AddressLine1Txt |
| City | Johnston | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 02919 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $46,820,109 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | www.aipso.com | WebsiteAddressTxt |
| Type Of Organization Assoc | Yes (X) | TypeOfOrganizationAssocInd |
| Formation | 1973 | FormationYr |
| Legal Domicile State | RI | LegalDomicileStateCd |
| Activity Or Mission | AIPSO's mission is to provide high quality services for the insurance residual market at the lowest possible cost. | ActivityOrMissionDesc |
| Voting Members Governing Body | 12 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 308 | TotalEmployeeCnt |
| Total Volunteers | 13 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $37,290,344 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $46,786,061 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$318 | PYInvestmentIncomeAmt |
| CY Investment Income | $7,593 | CYInvestmentIncomeAmt |
| PY Other Revenue | $24,288 | PYOtherRevenueAmt |
| CY Other Revenue | $25,316 | CYOtherRevenueAmt |
| PY Total Revenue | $37,314,314 | PYTotalRevenueAmt |
| CY Total Revenue | $46,818,970 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $29,677,822 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $40,173,606 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $7,708,808 | PYOtherExpensesAmt |
| CY Other Expenses | $7,987,489 | CYOtherExpensesAmt |
| PY Total Expenses | $37,386,630 | PYTotalExpensesAmt |
| CY Total Expenses | $48,161,095 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$72,316 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,342,125 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $25,786,681 | TotalAssetsBOYAmt |
| Total Assets EOY | $33,710,947 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $78,730,955 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $80,664,285 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | -$52,944,274 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | -$46,953,338 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | AIPSO's mission is to provide high | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | AUTOMATED 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RATING 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 MANUALS DESIGNED SPECIFICALLY FOR THE RESIDUAL MARKET, (3) DEVELOP INDIVIDUAL RATES FOR UNIQUE RISKS NOT SPECIFICALLY RATED FROM THE RATING MANUALS, (4) PRESENT RATE INDICATION TO GOVERNING C | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FINANCIAL 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 (6 entries)
| DescDesc |
|---|
| Plan Management Services provide all necessary services for the effective and efficient administration of any for the effective and efficient administration of any for the effective and efficient administration of any for the effective and efficient administration of any for the effective and efficient administration of any for the effective and efficient administration of any |
| Policy Forms Services develops automobile insurance policies designed specifically for the residual market. policies designed specifically for the residual market. policies designed specifically for the residual market. policies designed specifically for the residual market. policies designed specifically for the residual market. policies designed specifically for the residual market. |
| applications and provides customer support for any residual market mechanism. residual market mechanism. residual market mechanism. residual market mechanism. residual market mechanism. residual market mechanism. |
| Producer Certification Services provides support for producer licensing and certification for residual producer licensing and certification for residual producer licensing and certification for residual producer licensing and certification for residual producer licensing and certification for residual producer licensing and certification for residual |
| Commercial Automobile Safety Program Services provides processing support for loss prevention programs. processing support for loss prevention programs. processing support for loss prevention programs. processing support for loss prevention programs. processing support for loss prevention programs. processing support for loss prevention programs. |
| insurance coverage provided through auto insurance residual market mechanisms. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | Yes (true) | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 25 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 308 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 12 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | Yes (true) | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Kevin Leeman | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4019462310 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 302 CENTRAL AVENUE | AddressLine1Txt |
| City | JOHNSTON | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 029194932 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| Allstate Ins Co | |||||||
| Gov Comm Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Nationwide Mut Ins Co | |||||||
| Gov Comm Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Amica Mut Ins Co | |||||||
| Gov Comm Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Farmers Ins Exchange | |||||||
| Gov Comm Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GEICO | |||||||
| Gov Comm Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Federal Ins Co | |||||||
| Gov Comm Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Inter-Ins Exch of the Auto Club | |||||||
| Gov Comm Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| State Farm Mut Auto Ins Co | |||||||
| Gov Comm Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Travelers Cos Inc | |||||||
| Gov Comm Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| USAA | |||||||
| Gov Comm Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Progressive Cas Ins Co | |||||||
| Gov Comm Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Hanover Ins Co | |||||||
| Gov Comm Member | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID KOHLHAMMER | |||||||
| President | 37.50 | $1,092,866 | $0 | $3,231 | Yes (X) | ||
| CHARLES KWOLEK JR | |||||||
| President | 37.50 | $352,399 | $0 | $4,012 | Yes (X) | ||
| FRANK PENSABENE | |||||||
| Vice President | 38 | $262,719 | $8,850 | Yes (X) | |||
| LAWRENCE IACOI | |||||||
| Vice President | 38 | $304,828 | $1,035 | Yes (X) | |||
| JOSEPH AGRESTA | |||||||
| Vice President | 38 | $239,946 | $12,137 | Yes (X) | |||
| TIMOTHY MESSIER | |||||||
| Asst Vice President | 38 | $204,082 | $15,078 | Yes (X) | |||
| AMY HICKS | |||||||
| Vice President | 38 | $220,144 | -$1,928 | Yes (X) | |||
| KEVIN LEEMAN | |||||||
| Director Financial Srvs | 38 | $178,282 | $6,391 | Yes (X) | |||
| MARGARET LEVY | |||||||
| Senior Counsel | 38 | $176,390 | $11,639 | Yes (X) | |||
| KEITH GENTILE | |||||||
| Actuary | 38 | $165,617 | $16,014 | Yes (X) | |||
| CHRISTOPHER YOUNG | |||||||
| Director Rules & Policy | 38 | $159,459 | $15,144 | Yes (X) | |||
| ROBERT POWERS | |||||||
| Senior Counsel | 38 | $155,910 | $14,609 | Yes (X) | |||
| TYLER FALCONE | |||||||
| Director IS&PS | 38 | $149,552 | $13,894 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,662,194 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $120,106 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 67 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 120001 | AddressLine1Txt |
| City | Dallas | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75312 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | Audit | ServicesDesc |
| Compensation | $231,000 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt |
|---|---|---|
| Assessments | 524298 | $32,240,079 |
| Central Processor fees | 524298 | $4,799,881 |
| Services Rendered | 524298 | $7,671,026 |
| Service charges & service provider fees | 524298 | $1,685,748 |
| Residual market audit expense recovery | 524298 | $202,122 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $187,205 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $46,786,061 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,732 | TotalRevenueColumnAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $1,139 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$1,139 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,139 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$1,139 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Late Fees | 524298 | $23,283 | $23,283 |
| Miscellaneous | 524298 | $2,033 | $2,033 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $25,316 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $46,818,970 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $46,818,970 | RelatedOrExemptFuncIncomeAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,311,313 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,262,933 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,497,584 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,208,467 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,893,309 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $73,295 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $166,735 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,224,222 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,221,145 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,591,777 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $466,226 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $997,887 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $374,055 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| Policy administration | $894,652 |
| Rate & survey data fees | $524,852 |
| Electronic subscriptions | $132,821 |
| Professional dues | $48,715 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $271,107 | TotalAmt |
| Program Services | $271,107 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,161,095 | TotalAmt |
| Program Services | $271,107 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,476,895 | BOYAmt |
| EOY | $19,404,832 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,486,087 | BOYAmt |
| EOY | $1,872,627 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $442 | BOYAmt |
| EOY | $3,399 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $170,823 | BOYAmt |
| EOY | $243,787 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $19,391,376 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $13,816,481 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,858,175 | BOYAmt |
| EOY | $5,574,895 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,794,259 | BOYAmt |
| EOY | $1,150,733 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $5,460,674 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,786,681 | BOYAmt |
| EOY | $33,710,947 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,384,099 | BOYAmt |
| EOY | $3,548,111 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $76,346,856 | BOYAmt |
| EOY | $77,116,174 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $78,730,955 | BOYAmt |
| EOY | $80,664,285 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$52,944,274 | BOYAmt |
| EOY | -$46,953,338 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$52,944,274 | BOYAmt |
| EOY | -$46,953,338 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,786,681 | BOYAmt |
| EOY | $33,710,947 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$1,342,125 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $7,333,061 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nonded | false | SubstantiallyAllDuesNondedInd |
| Only In House Lobbying | Yes (true) | OnlyInHouseLobbyingInd |
| Agree Carryover Prior Year | false | AgreeCarryoverPriorYearInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $908,645 | OtherCostOrOtherBasisAmt |
| Book Value | $908,645 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,365,587 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,607,892 | DepreciationAmt |
| Book Value | $3,757,695 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,082,724 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,208,589 | DepreciationAmt |
| Book Value | $874,135 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $34,420 | OtherCostOrOtherBasisAmt |
| Book Value | $34,420 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $5,574,895 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| Due from plans - pension | $5,278,736 |
| Due from plans - vacation | $77,775 |
| Due from plans - deferred rent | $104,163 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $5,460,674 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (7 entries)
| DescDesc | AmtAmt |
|---|---|
| Accrued pension | $23,121,707 |
| Accrued vacation | $585,424 |
| Advance assessments | $14,087,670 |
| Capital lease obligation | $22,881 |
| Post-retirement benefits | $39,051,075 |
| Deferred service provider fees | $109,303 |
| Deferred rent | $138,114 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $77,116,174 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $46,818,970 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $46,818,970 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $46,818,970 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $48,161,095 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $48,161,095 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $48,161,095 | TotalExpensesPerForm990Amt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (13 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt |
|---|---|---|---|---|---|
| DAVID KOHLHAMMER | |||||
| $1,092,035 | $831 | -$4,102 | $7,518 | $1,096,282 | |
| CHARLES KWOLEK JR | |||||
| $349,178 | $3,221 | -$11,208 | $17,222 | $358,413 | |
| FRANK PENSABENE | |||||
| $186,188 | -$4,619 | $14,848 | $272,948 | $76,531 | |
| LAWRENCE IACOI | |||||
| $303,857 | $971 | -$7,651 | $10,478 | $307,655 | |
| JOSEPH AGRESTA | |||||
| $239,946 | -$5,643 | $19,391 | $253,694 | ||
| TIMOTHY MESSIER | |||||
| $204,082 | -$4,902 | $21,447 | $220,627 | ||
| AMY HICKS | |||||
| $220,144 | -$5,136 | $4,720 | $219,728 | ||
| KEVIN LEEMAN | |||||
| $177,630 | $652 | -$12,588 | $20,319 | $186,013 | |
| MARGARET LEVY | |||||
| $176,335 | $55 | -$4,131 | $17,085 | $189,344 | |
| KEITH GENTILE | |||||
| $165,617 | -$4,015 | $21,324 | $182,926 | ||
| CHRISTOPHER YOUNG | |||||
| $159,443 | $16 | -$3,836 | $20,226 | $175,849 | |
| ROBERT POWERS | |||||
| $155,910 | -$3,746 | $19,572 | $171,736 | ||
| TYLER FALCONE | |||||
| $149,552 | -$3,586 | $18,646 | $164,612 | ||
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (76 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Pt VI, Line 6 | Members consist of companies writing the majority of automobile insurance in the United States. |
| Pt VI, Line 7a | Members elect the governing body which is composed of 13 major insurance companies, 12 voting and 1 non-voting. |
| Pt VI, Line 11b | Form 990 is reviewed and signed by either AIPSO's Director of Financial & Investment Services or Accounting Manager. |
| Pt VI, Line 12c | Directors and Officers are required annually to sign a Conflict of Interest Statement disclosing any conflicts. |
| Pt VI, Line 15a | The Governing Body (The Board) annually reviews the performance of the President and acts on a recommendation of the Board Chair 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 Board Chair also coordinates with the President to develop the performance goals and criteria for recommendation to the Board. |
| Pt VI, Line 15b | Compensation of the Officers is reviewed and approved by Human Resources and the President of AIPSO, provided that persons with conflicts of interest with respect to the 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 salary surveys to obtain data as well as utilizing third party sources such as The Survey Group and salary.com. There is contemporaneous documentation and recordkeeping with respect to deliberations and decisions regarding the compensation arrangement. |
| Pt VI, Line 19 | Governing documents, conflict of interest policy and financial statements are available upon request. |
| Pt XI | Other changes in fund balance consist of Retirement related changes other than net periodic cost $7,233,068 and Reapportionment of prior year's deficiency $99,993. |
| Form 990EZ, Part I, Line 8 | AIP data fees |
| Form 990EZ, Part I, Line 8 | CAIP audit income |
| Form 990EZ, Part I, Line 8 | Late payment penalty |
| Form 990EZ, Part I, Line 8 | Magnetic tape rpts |
| Form 990EZ, Part I, Line 8 | Forms & manuals |
| Form 990EZ, Part I, Line 8 | Voluntary data fees |
| Form 990EZ, Part I, Line 8 | Central processor fees |
| Form 990EZ, Part I, Line 8 | Electronic binding |
| Form 990EZ, Part I, Line 8 | Management fee |
| Form 990EZ, Part I, Line 8 | Producer seminar |
| Form 990EZ, Part I, Line 8 | Miscellaneous |
| Form 990EZ, Part I, Line 16 | Insurance |
| Form 990EZ, Part I, Line 16 | Taxes, licenses & fees |
| Form 990EZ, Part I, Line 16 | Corporate communication |
| Form 990EZ, Part I, Line 16 | Temporary personnel |
| Form 990EZ, Part I, Line 16 | Microfilming |
| Form 990EZ, Part I, Line 16 | Bond costs |
| Form 990EZ, Part I, Line 16 | Rate & survey data fee |
| Form 990EZ, Part I, Line 16 | Real estate & prop.tax |
| Form 990EZ, Part I, Line 16 | Payroll processing |
| Form 990EZ, Part I, Line 16 | Professional dues |
| Form 990EZ, Part I, Line 16 | Educational seminars |
| Form 990EZ, Part I, Line 16 | Bank & credit card fee |
| Form 990EZ, Part I, Line 16 | Commission on bonds |
| Form 990EZ, Part I, Line 16 | Post-retirement benefits |
| Form 990EZ, Part I, Line 16 | Miscellaneous |
| Form 990EZ, Part II, Line 24 | Accounts Receivable - Net |
| Form 990EZ, Part II, Line 24 | Inventories |
| Form 990EZ, Part II, Line 24 | Prepaids |
| Form 990EZ, Part II, Line 26 | Accounts Payable & Accrued Expenses |
| Form 990EZ, Part II, Line 26 | Advanced assessments |
| Form 990EZ, Part II, Line 26 | Current portion of bonds payable |
| Form 990EZ, Part II, Line 26 | Bonds payable - long term |
| Form 990EZ, Part II, Line 26 | Cash overdraft |
| Form 990EZ, Part II, Line 26 | Post-employment benefits |
| Form 990EZ, Part II, Line 26 | Post-retirement benefits |
| Form 990EZ, Part II, Line 26 | Accrued pension |
| Form 990EZ, Part II, Line 26 | Accrued vacation |
| Form 990EZ, Part II, Line 26 | Management fee |
| Form 990EZ, Part II, Line 26 | Accured interest |
| Form 990EZ, Part II, Line 26 | Deferred rent obligation |
| Form 990, Part III, Line 4d | Plan Management Services provide all necessary services |
| Form 990, Part III, Line 4d | Policy Forms Services develops automobile insurance |
| Form 990, Part III, Line 4d | applications and provides customer support for any |
| Form 990, Part III, Line 4d | Producer Certification Services provides support for |
| Form 990, Part III, Line 4d | Commercial Automobile Safety Program Services provides |
| Form 990, Part III, Line 4d | insurance coverage provided through auto insurance |
| Form 990, Part VI, Line 9 | Allstate Ins Co 2775 Sanders Rd,Ste D2E Northbrook IL 60062 |
| Form 990, Part VI, Line 9 | Amica Mutual Ins 100 Amica Way Lincoln RI 02865 |
| Form 990, Part VI, Line 9 | Farmers Ins Exchange 3 Beaver Valley Rd Wilmington DE 19803 |
| Form 990, Part VI, Line 9 | GEICO 750 Woodbury Road Woodbury NY 11797 |
| Form 990, Part VI, Line 9 | Federal Ins Co 15 Mountainview Rd Warren NJ 07059 |
| Form 990, Part VI, Line 9 | State Farm Mutual Auto One State Farm Plaza D-1 Bloomington IL 61710 |
| Form 990, Part VI, Line 9 | Travelers Companies 14 Sheffield Lane Mt Laurel NJ 08054 |
| Form 990, Part VI, Line 9 | USAA 9800 Fredericksburg Rd H-SVC-W San Antonio TX 78288 |
| Form 990, Part VI, Line 9 | Hanover Ins Co 440 Lincoln St - S443 Worcester MA 01653 |
| Form 990, Part VI, Line 9 | Progressive Cas Ins Co 6300 Wilson Mills Rd N72 Mayfield Village OH 44143 |
| Form 990, Part VI, Line 9 | Inter-Ins Exch of the Auto Club 4970 Highway 290 W Ste 310 Austin TX 78735 |
| Form 990, Part VI, Line 9 | Nationwide Mut Ins Co 1 Nationwide Plaza #03-09-201 Columbus OH 43215 |
| Form 990, Part IX, Line 24e | Temporary personnel 72569. 72569. 0. 0. |
| Form 990, Part IX, Line 24e | Contributions 30525. 30525. 0. 0. |
| Form 990, Part IX, Line 24e | Licenses & fees 49652. 49652. 0. 0. |
| Form 990, Part IX, Line 24e | Books, news & periodicals 37308. 37308. 0. 0. |
| Form 990, Part IX, Line 24e | Expense report fees 16198. 16198. 0. 0. |
| Form 990, Part IX, Line 24e | Payroll Processing 50752. 50752. 0. 0. |
| Form 990, Part IX, Line 24e | Repair Cafe Equip 5956. 5956. 0. 0. |
| Form 990, Part IX, Line 24e | Bad debt 5421. 5421. 0. 0. |
| Form 990, Part IX, Line 24e | Miscellaneous 2726. 2726. 0. 0. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt |
|---|---|---|---|---|---|---|---|---|
| Maine Automobile Insurance Plan | ||||||||
| c/o AIPSO302 Central Ave | Johnston | RI | 02919 | 237174076 | MAKE AUTOMOBILE INSURANCE AVAILABLE FOR PERSONS UNABLE TO OBTAIN COVERAGE IN THE VOLUNTARY MARKET. | ME | 501(c)(6) | n/a |
| Virginia Automobile Insurance Plan | ||||||||
| c/o AIPSO302 Central Ave | Johnston | RI | 02919 | 540843888 | MAKE AUTOMOBILE INSURANCE AVAILABLE FOR PERSONS UNABLE TO OBTAIN COVERAGE IN THE VOLUNTARY MARKET. | VA | 501(c)(6) | n/a |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (true) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |