Illinois Automobile Insurance Plan
- Assets
- $484.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Johnston, RI
- Founding
- 01/1950
- Data as of
- 12/2022
- EIN
- 36-6076571
Organization Overview
Illinois Automobile Insurance Plan is located in Johnston, RI. The organization was established in 1950. 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. Illinois Automobile Insurance Plan 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 12/2022, Illinois Automobile Insurance Plan generated $83.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (13.1%) each year. All expenses for the organization totaled $255.9k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
TO MAKE MOTOR VEHICLE INSURANCE AVAILABLE FOR PERSONS NOTABLE TO OBTAIN COVERAGE IN THE VOLUNTARY MARKET.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Gov Comm Member | 0.25 | $0 | |
Name Not Listed Gov Comm Member | 0.25 | $0 | |
Name Not Listed Gov Comm Member | 0.25 | $0 | |
Name Not Listed Gov Comm Member | 0.25 | $0 | |
Name Not Listed Vice Chair At Large | 0.25 | $0 | |
Name Not Listed Member At Large | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $78,572 |
| Membership dues | $0 |
| Investment income | $3,739 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,035 |
| Total Revenue | $83,346 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $108,521 |
| Professional fees and other payments to independent contractors | $85,209 |
| Occupancy, rent, utilities, and maintenance | $4,577 |
| Printing, publications, postage, and shipping | $2,660 |
| Other expenses | $54,944 |
| Total expenses | $255,911 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $484,501 |
| Other assets | $0 |
| Total assets | $484,768 |
| Total liabilities | $302,475 |
| Net assets or fund balances | $182,293 |