Delaware Automobile Insurance Pla
- Assets
- $41.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Johnston, RI
- Founding
- 11/1954
- Data as of
- 12/2019
- EIN
- 13-6194670
Organization Overview
Delaware Automobile Insurance Pla is located in Johnston, RI. The organization was established in 1954. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Delaware Automobile Insurance Pla is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2019, Delaware Automobile Insurance Pla generated $44.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (21.1%) each year. All expenses for the organization totaled $39.5k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (16.0%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
TO MAKE MOTOR VEHICLE INSURANCE AVAILABLE FOR PERSONSNOT ABLE TO OBTAIN COVERAGE IN THE VOLUNTARY MARKET.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Gov Comm Member | 1 | $0 | |
Thomas J Hornung Gov Comm Member | 1 | $0 | |
Michael Bennetti Gov Comm Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $44,199 |
| Investment income | $311 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $44,510 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $25,133 |
| Professional fees and other payments to independent contractors | $13,878 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $464 |
| Total expenses | $39,475 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,987 |
| Other assets | $0 |
| Total assets | $41,545 |
| Total liabilities | $936 |
| Net assets or fund balances | $40,609 |
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