Civic Intelligence

Aipso

990 • Fiscal year 2017 • EIN 13-2732270

Jan 01, 2017 to Dec 31, 2017 • Filed on May 01, 2018

Refreshing map…

302 Central AvenueJohnston, RI 02919-4932

(401) 946-2310

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

100th percentile

2.60x

Higher debt load relative to assets than 100% of similar nonprofits.

2017 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2017

Liabilities / Revenue

91st percentile

1.99x

Higher debt load relative to revenue than 91% of similar nonprofits.

2017 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2017

Net Margin

14th percentile

-6.6%

Higher net margin than 14% of similar nonprofits.

2017 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2017

Top Officer Pay

59th percentile

$600,278

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2017 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2017

Asset Growth

8th percentile

-6.5%

Faster asset growth than 8% of similar nonprofits.

2017 filings • 501(c)6 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Revenue Growth

36th percentile

1.6%

Faster revenue growth than 36% of similar nonprofits.

2017 filings • 501(c)6 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Assets

Down

$35,621,523

Down $2,472,675 (-6.5%) from 2016

Net Assets

Down

-$57,165,601

Down $3,908,516 (-7.3%) from 2016

Liabilities

Up

$92,787,124

Up $1,435,841 (+1.6%) from 2016

Revenue

Up

$46,573,943

Up $734,777 (+1.6%) from 2016

Expenses

Up

$49,644,062

Up $1,234,057 (+2.5%) from 2016

Net Income

Down

-$3,070,119

Down $499,280 (-19%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150M$100M$50M$0-$50M-$100MAssets 2010: $26,384,961Liabilities 2010: $50,564,686Net Assets 2010: -$24,179,7252010Assets 2011: $24,069,476Liabilities 2011: $61,231,934Net Assets 2011: -$37,162,4582011Assets 2012: $30,374,461Liabilities 2012: $75,413,958Net Assets 2012: -$45,039,4972012Assets 2013: $24,067,621Liabilities 2013: $53,571,209Net Assets 2013: -$29,503,5882013Assets 2014: $25,786,681Liabilities 2014: $78,730,955Net Assets 2014: -$52,944,2742014Assets 2015: $33,710,947Liabilities 2015: $80,664,285Net Assets 2015: -$46,953,3382015Assets 2016: $38,094,198Liabilities 2016: $91,351,283Net Assets 2016: -$53,257,0852016Assets 2017: $35,621,523Liabilities 2017: $92,787,124Net Assets 2017: -$57,165,6012017Assets 2018: $36,921,238Liabilities 2018: $81,402,860Net Assets 2018: -$44,481,6222018Assets 2019: $40,152,198Liabilities 2019: $102,749,707Net Assets 2019: -$62,597,5092019Assets 2020: $44,275,857Liabilities 2020: $110,202,582Net Assets 2020: -$65,926,7252020Assets 2021: $43,724,531Liabilities 2021: $86,896,970Net Assets 2021: -$43,172,4392021Assets 2022: $84,201,784Liabilities 2022: $107,335,670Net Assets 2022: -$23,133,8862022Assets 2023: $100,666,444Liabilities 2023: $111,837,902Net Assets 2023: -$11,171,4582023Assets 2024: $104,901,695Liabilities 2024: $101,163,471Net Assets 2024: $3,738,2242024

Highlighted filing

2017

Assets$35,621,523
Liabilities$92,787,124
Net Assets-$57,165,601

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150M$100M$50M$0-$50MExpenses 2010: $33,745,1302010Expenses 2011: $35,393,4582011Expenses 2012: $37,686,7812012Revenue 2013: $37,568,089Expenses 2013: $39,630,566Net Income 2013: -$2,062,4772013Revenue 2014: $37,314,314Expenses 2014: $37,386,630Net Income 2014: -$72,3162014Revenue 2015: $46,818,970Expenses 2015: $48,161,095Net Income 2015: -$1,342,1252015Revenue 2016: $45,839,166Expenses 2016: $48,410,005Net Income 2016: -$2,570,8392016Revenue 2017: $46,573,943Expenses 2017: $49,644,062Net Income 2017: -$3,070,1192017Revenue 2018: $49,264,806Expenses 2018: $49,473,032Net Income 2018: -$208,2262018Revenue 2019: $49,758,025Expenses 2019: $51,635,436Net Income 2019: -$1,877,4112019Revenue 2020: $55,130,389Expenses 2020: $55,538,200Net Income 2020: -$407,8112020Revenue 2021: $59,723,963Expenses 2021: $60,198,100Net Income 2021: -$474,1372021Revenue 2022: $79,668,644Expenses 2022: $76,128,415Net Income 2022: $3,540,2292022Revenue 2023: $128,830,883Expenses 2023: $113,341,670Net Income 2023: $15,489,2132023Revenue 2024: $140,283,243Expenses 2024: $133,598,722Net Income 2024: $6,684,5212024

Highlighted filing

2017

Revenue$46,573,943
Expenses$49,644,062
Net Income-$3,070,119
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 1, 2018
Return Version
2017v2.2
Gross Receipts
$46,573,943
Mission and Program Overview

Mission

AIPSOs mission is to provide high quality services for the insurance residual market at the lowest possible cost.

Aipso's mission is to provide high quality services for the insurance residual market at the lowest possible cost.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$21,807,445$15,143,634▼ $6,663,811
Accounts Receivable$2,309,374$5,311,367▲ $3,001,993
Land, Buildings, and Equipment, Net$4,983,331$5,034,123▲ $50,792
Cash and Non-Interest-Bearing Accounts$1,288,782$1,945,629▲ $656,847
Investments in Publicly Traded Securities-$1,121,530-
Prepaid Expenses and Deferred Charges$819,717$822,288▲ $2,571
Inventories for Sale or Use$1,274--
Rtn Earn Endowment Incm Other Fnds$-53,257,085$-57,165,601▼ $3,908,516
Total Assets$36,837,275$35,621,523▼ $1,215,752
Other Assets Total$5,627,352$6,242,952▲ $615,600
Liabilities
Other Liabilities$87,086,417$89,273,568▲ $2,187,151
Accounts Payable and Accrued Expenses$3,007,943$3,513,556▲ $505,613
Total Liabilities$90,094,360$92,787,124▲ $2,692,764
Net Assets / Fund Balance
Total Net Assets Fund Balance$-53,257,085$-57,165,601▼ $3,908,516
Total Liabilities and Net Assets / Fund Balance$36,837,275$35,621,523▼ $1,215,752

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,838,970$9,611,590$12,450,560
Equipment$819,427$5,612,020$6,431,447
Land$908,645-$908,645
Other Land Buildings$467,081$81,655$548,736
Other Assets Org$38,306--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Charles Kwolek Jr--$362,744$253,582$616,326
Thomas Assad JrPresidentFT$454,297$145,981$600,278
Lawrence Iacoi--$298,651$138,362$457,182
Joseph Agresta--$254,576$116,498$371,905
-Vice PresidentFT$234,929$105,037$339,966
Amy Hicks--$234,929$96,138$330,405
Timothy Messier--$214,754$109,188$324,757
-Asst Vice PresidentFT$215,585$107,653$323,238
Frank Pensabene--$216,122$122,772$317,063
Kevin Leeman--$189,454$84,849$273,912
-Director Financial SrvsFT$189,470$83,058$272,528
Keith Gentile--$175,835$94,409$270,906
-ActuaryFT$176,497$93,067$269,564
Christopher Young--$167,221$90,586$258,214
-Director Rules & PolicyFT$167,628$89,286$256,914
Robert Powers--$166,102$90,128$256,246
-Senior CounselFT$166,118$88,833$254,951
Tyler Falcone--$158,177$83,434$241,611
-Director IS&PSFT$158,177$82,200$240,377
ANNEMARIE D'ATTELO--$165,341$73,477$238,802
Thomas Assad Jr--$156,699$79,977$236,676
-DirectorFT$156,699$78,765$235,464

Board Members and Trustees

NameTitle
ANNEMARIE D'ATTELOGov Comm Member
Amy HicksGov Comm Member
Charles Kwolek JrGov Comm Member
Christopher YoungGov Comm Member
Frank PensabeneGov Comm Member
Joseph AgrestaGov Comm Member
Keith GentileGov Comm Member
Kevin LeemanGov Comm Member
Lawrence IacoiGov Comm Member
Robert PowersGov Comm Member
Timothy MessierGov Comm Member
Tyler FalconeGov Comm Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Grant Thornton LLPAudit1901 S Meyers RdSte 455, Oakbrook Terrace, IL 60181$307,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$46,511,224
Investment Income
$49,744
Other Revenue
$12,975
Change in Net Assets
$-3,070,119

Audited Revenue Reconciliation

Revenue per Audited Statements
$46,573,943
Total Revenue per Audited Statements
$46,573,943
Total Revenue per Form 990
$46,573,943
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$40,141,098
Other Expenses$9,502,964
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$22,801,313
Other Employee Benefits---$7,450,397
Pension Plan Contributions---$5,725,200
Current Officers, Directors, Trustees, and Key Employees---$2,363,903
Payroll Taxes---$1,800,285
Occupancy---$1,459,691
Information Technology---$1,339,421
Office Expenses---$1,125,306
Depreciation Depletion---$961,117
Travel---$467,270
Insurance---$385,984
Fees for Services Accounting---$309,650
All Other Expenses---$283,603
Other Expenses---$212,032
Fees for Services Legal---$28,750
Total Functional Expenses$0$0$0$49,644,062

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$49,644,062
Total Expenses per Audited Statements$49,644,062
Total Expenses per Form 990$49,644,062
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Post-retirement benefits$44,008,908
Accrued pension$28,062,862
Advance assessments$16,497,827
Accrued vacation$610,108
Deferred rent$72,002
Deferred service provider fees$21,861
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 9

Allstate Ins Co 2775 Sanders Rd,Ste D2N Northbrook IL 60062

Form 990, Part VI, Line 9

Amica Mutual Ins 50 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 PO Box 9015 Woodbury NY 11797

Form 990, Part VI, Line 9

Interinsurance Exchange of The Auto Club 3333 Fairview Rd #A131 Costa Mesa CA 92626

Form 990, Part VI, Line 9

State Farm Mutual Auto 1 State Farm Plz #D1 Bloomington IL 61710

Form 990, Part VI, Line 9

Travelers Companies 1 Tower Sq Hartford CT 06183

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

AIG Property Cas Co 503 Carr Rd FL 3 Wilmington DE 19809

Form 990, Part VI, Line 9

Nationwide Mut Ins Co 1 Nationwide Plaza #1-18-101 Columbus OH 43215

Filing and Contact Details

Filer

Filer Name
Aipso
EIN
13-2732270
Phone
4019462310
Address
302 CENTRAL AVENUE, JOHNSTON, RI 02919-4932

Signing Officer

Name
Kevin Leeman
Title
Director of Financial & Investment
Phone
4019462310
Signed
2018-05-01

Organization Details

Formed
1973
Legal Domicile
Ri
Voting Board Members
12
Independent Board Members
12
Employees
306
Volunteers
12
Supplemental Narrative

Additional Explanations

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 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 15B

Compensation 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 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 ($1,192,242) and Reapportionment of prior year's deficiency $353,845.

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 IX, Line 24E

Temporary personnel 44341.

Form 990, Part IX, Line 24E

Contributions 28318.

Form 990, Part IX, Line 24E

Licenses & fees 56029.

Form 990, Part IX, Line 24E

Payroll processing 55594.

Form 990, Part IX, Line 24E

Books, news & periodicals 29279.

Form 990, Part IX, Line 24E

Expense report fees 14699.

Form 990, Part IX, Line 24E

Professional dues 43603.

Form 990, Part IX, Line 24E

Purchase/Repair Cafe Equip 10964.

Form 990, Part IX, Line 24E

Miscellaneous 776.

Raw XML AppendixShowing 400 of 809 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0AUTOMATED 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.
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IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt3Amica Mut Ins Co
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt4Farmers Ins Exchange
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt5GEICO
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt6Interinsurance Exchange of The Auto Club
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt7State Farm Mut Auto Ins Co
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt8Travelers Cos Inc
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt9USAA
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt10Progressive Cas Ins Co
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt11Hanover Ins Co
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt12145981
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1399445
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt14137616
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt15113996
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt16107653
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt17105037
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1883058
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1972207
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2093067
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2189286
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2288833
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2382200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2478765
IRS990/Form990PartVIISectionAGrp/PersonNm0CHARLES KWOLEK JR
IRS990/Form990PartVIISectionAGrp/PersonNm1FRANK PENSABENE
IRS990/Form990PartVIISectionAGrp/PersonNm2LAWRENCE IACOI
IRS990/Form990PartVIISectionAGrp/PersonNm3JOSEPH AGRESTA
IRS990/Form990PartVIISectionAGrp/PersonNm4TIMOTHY MESSIER
IRS990/Form990PartVIISectionAGrp/PersonNm5AMY HICKS
IRS990/Form990PartVIISectionAGrp/PersonNm6KEVIN LEEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm7ANNEMARIE D'ATTELO
IRS990/Form990PartVIISectionAGrp/PersonNm8KEITH GENTILE
IRS990/Form990PartVIISectionAGrp/PersonNm9CHRISTOPHER YOUNG
IRS990/Form990PartVIISectionAGrp/PersonNm10ROBERT POWERS
IRS990/Form990PartVIISectionAGrp/PersonNm11TYLER FALCONE
IRS990/Form990PartVIISectionAGrp/PersonNm12THOMAS ASSAD JR
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12454297
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13216122
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14320481
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15256238
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16215585
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17234929
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18189470
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19165341
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20176497
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt21167628
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt22166118
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt23158177
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt24156699
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/TitleTxt0Gov Comm Member
IRS990/Form990PartVIISectionAGrp/TitleTxt1Gov Comm Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2Gov Comm Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Gov Comm Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Gov Comm Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Gov Comm Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Gov Comm Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Gov Comm Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Gov Comm Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Gov Comm Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10Gov Comm Member
IRS990/Form990PartVIISectionAGrp/TitleTxt11Gov Comm Member
IRS990/Form990PartVIISectionAGrp/TitleTxt12President
IRS990/Form990PartVIISectionAGrp/TitleTxt13Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt14Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt15Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt16Asst Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt17Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director Financial Srvs
IRS990/Form990PartVIISectionAGrp/TitleTxt19Senior Counsel
IRS990/Form990PartVIISectionAGrp/TitleTxt20Actuary
IRS990/Form990PartVIISectionAGrp/TitleTxt21Director Rules & Policy
IRS990/Form990PartVIISectionAGrp/TitleTxt22Senior Counsel
IRS990/Form990PartVIISectionAGrp/TitleTxt23Director IS&PS
IRS990/Form990PartVIISectionAGrp/TitleTxt24Director
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01973
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt046573943
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt013
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt01339421
IRS990/InsuranceGrp/TotalAmt0385984
IRS990/InventoriesForSaleOrUseGrp/BOYAmt01274
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt049744
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01121530
IRS990/IRPDocumentCnt019
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt015305265
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04983331
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05034123
IRS990/LandBldgEquipCostOrOtherBssAmt020339388
IRS990/LegalDomicileStateCd0RI
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0AIPSO's mission is to provide high
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-53257085
IRS990/NetAssetsOrFundBalancesEOYAmt0-57165601
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt01459691
IRS990/OfficeExpensesGrp/TotalAmt01125306
IRS990/OfficerMailingAddressInd0true
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05627352
IRS990/OtherAssetsTotalGrp/EOYAmt06242952
IRS990/OtherChangesInNetAssetsAmt0-838397
IRS990/OtherEmployeeBenefitsGrp/TotalAmt07450397
IRS990/OtherExpensesGrp/Desc0Policy administration
IRS990/OtherExpensesGrp/Desc1Rate & survey data fees
IRS990/OtherExpensesGrp/Desc2Electronic subscriptions
IRS990/OtherExpensesGrp/Desc3Shared resources
IRS990/OtherExpensesGrp/TotalAmt02268528
IRS990/OtherExpensesGrp/TotalAmt1557008
IRS990/OtherExpensesGrp/TotalAmt2104604
IRS990/OtherExpensesGrp/TotalAmt3212032
IRS990/OtherLiabilitiesGrp/BOYAmt087086417
IRS990/OtherLiabilitiesGrp/EOYAmt089273568
IRS990/OtherRevenueMiscGrp/BusinessCd0524298
IRS990/OtherRevenueMiscGrp/BusinessCd1524298
IRS990/OtherRevenueMiscGrp/Desc0Late Fees
IRS990/OtherRevenueMiscGrp/Desc1Miscellaneous
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt012575
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1400
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt012575
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1400
IRS990/OtherRevenueTotalAmt012975
IRS990/OtherSalariesAndWagesGrp/TotalAmt022801313
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt01800285
IRS990/PensionPlanContributionsGrp/TotalAmt05725200
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0819717
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0822288
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Charles Kwolek Jr
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0524298
IRS990/ProgramServiceRevenueGrp/BusinessCd1524298
IRS990/ProgramServiceRevenueGrp/BusinessCd2524298
IRS990/ProgramServiceRevenueGrp/BusinessCd3524298
IRS990/ProgramServiceRevenueGrp/BusinessCd4524298
IRS990/ProgramServiceRevenueGrp/Desc0Assessments
IRS990/ProgramServiceRevenueGrp/Desc1Central Processor fees
IRS990/ProgramServiceRevenueGrp/Desc2Services Rendered
IRS990/ProgramServiceRevenueGrp/Desc3Service charges & service provider fees
IRS990/ProgramServiceRevenueGrp/Desc4Residual market audit expense recovery
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt030931117
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14873202
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt27311247
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt33052764
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4168908
IRS990/ProgSrvcAccomActy2Grp/Desc0RATING 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
IRS990/ProgSrvcAccomActy3Grp/Desc0FINANCIAL 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.
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Plan 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
IRS990/ProgSrvcAccomActyOtherGrp/Desc1Policy 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.
IRS990/ProgSrvcAccomActyOtherGrp/Desc2applications and provides customer support for any residual market mechanism. residual market mechanism. residual market mechanism. residual market mechanism. residual market mechanism. residual market mechanism.
IRS990/ProgSrvcAccomActyOtherGrp/Desc3Producer 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
IRS990/ProgSrvcAccomActyOtherGrp/Desc4Commercial 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.
IRS990/ProgSrvcAccomActyOtherGrp/Desc5insurance coverage provided through auto insurance residual market mechanisms. residual market mechanisms. residual market mechanisms. residual market mechanisms.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt021109
IRS990/PYOtherExpensesAmt08633636
IRS990/PYOtherRevenueAmt019145
IRS990/PYProgramServiceRevenueAmt045798912
IRS990/PYRevenuesLessExpensesAmt0-2570839
IRS990/PYSalariesCompEmpBnftPaidAmt039776369
IRS990/PYTotalExpensesAmt048410005
IRS990/PYTotalRevenueAmt045839166
IRS990/ReconcilationRevenueExpnssAmt0-3070119
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-53257085
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-57165601
IRS990/SavingsAndTempCashInvstGrp/BOYAmt021807445
IRS990/SavingsAndTempCashInvstGrp/EOYAmt015143634
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0true
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02838970
IRS990ScheduleD/BuildingsGrp/DepreciationAmt09611590
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt012450560
IRS990ScheduleD/EquipmentGrp/BookValueAmt0819427
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05612020
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06431447
IRS990ScheduleD/ExpensesSubtotalAmt049644062
IRS990ScheduleD/LandGrp/BookValueAmt0908645
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0908645
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt06126891
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt177755
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt238306
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Due from plans - pension
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Due from plans - vacation
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Due from plans - deferred rent

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$105$101$3.74$140$134$6.68
2023Detailed filing. Detailed filing data is available for this year.$101$112$11.2$129$113$15.5
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$84.2$107$23.1$79.7$76.1$3.54
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$43.7$86.9$43.2$59.7$60.2$0.47
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$44.3$110$65.9$55.1$55.5$0.41
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$40.2$103$62.6$49.8$51.6$1.88
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$36.9$81.4$44.5$49.3$49.5$0.21
2017Detailed filing. Detailed filing data is available for this year.$35.6$92.8$57.2$46.6$49.6$3.07
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$38.1$91.4$53.3$45.8$48.4$2.57
2015Detailed filing. Detailed filing data is available for this year.$33.7$80.7$47.0$46.8$48.2$1.34
2014Detailed filing. Detailed filing data is available for this year.$25.8$78.7$52.9$37.3$37.4$0.07
2013Detailed filing. Detailed filing data is available for this year.$24.1$53.6$29.5$37.6$39.6$2.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.4$75.4$45.0$37.7
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.1$61.2$37.2$35.4
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.4$50.6$24.2$33.7