District Of Columbia Automobile Insurance Plan is located in Johnston, RI. The organization was established in 1978. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. District Of Columbia 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, District Of Columbia Automobile Insurance Plan generated $94.7k 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 (12.1%) each year. All expenses for the organization totaled $57.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (13.3%) per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
TO MAKE MOTOR VEHICLE INSURANCE AVAILABLE FOR PERSONSUNABLE TO OBTAIN COVERAGE IN THE VOLUNTARY MARKET.
| 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 Gov Comm Member | 0.25 | $0 | |
Name Not Listed Gov Comm Member | 0.25 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $94,510 |
| Investment income | $220 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $94,730 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $33,918 |
| Professional fees and other payments to independent contractors | $18,502 |
| Occupancy, rent, utilities, and maintenance | $2,464 |
| Printing, publications, postage, and shipping | $271 |
| Other expenses | $2,607 |
| Total expenses | $57,762 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,556 |
| Other assets | $0 |
| Total assets | $334,651 |
| Total liabilities | $7,704 |
| Net assets or fund balances | $326,947 |