Tennessee Automobile Insurance Plan
- Assets
- $465.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Johnston, RI
- Founding
- 04/1953
- Data as of
- 12/2023
- EIN
- 63-6049807
Organization Overview
Tennessee Automobile Insurance Plan is located in Johnston, RI. The organization was established in 1953. 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. Tennessee 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 12/2023, Tennessee Automobile Insurance Plan generated $18.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (23.7%) each year. All expenses for the organization totaled $143.1k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
TO MAKE MOTOR VEHICLE INSURANCE AVAILABLE FOR PERSONSNOT ABLE 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 | 0.1 | $0 | |
Name Not Listed Gov Comm Member | 0.1 | $0 | |
Name Not Listed Gov Comm Member | 0.1 | $0 | |
Name Not Listed Gov Comm Member | 0.1 | $0 | |
Name Not Listed Gov Comm Member | 0.1 | $0 | |
Name Not Listed Gov Comm Member | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,042 |
| Membership dues | $0 |
| Investment income | $14,257 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $500 |
| Total Revenue | $18,799 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $54,802 |
| Professional fees and other payments to independent contractors | $61,148 |
| Occupancy, rent, utilities, and maintenance | $8 |
| Printing, publications, postage, and shipping | $365 |
| Other expenses | $26,798 |
| Total expenses | $143,121 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $464,956 |
| Other assets | $0 |
| Total assets | $465,797 |
| Total liabilities | $84,328 |
| Net assets or fund balances | $381,469 |