Alaska Automobile Assigned Risk Plan
- Assets
- $49.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Johnston, RI
- Founding
- 03/1993
- Data as of
- 12/2021
- EIN
- 94-6173894
Organization Overview
Alaska Automobile Assigned Risk Plan is located in Johnston, RI. The organization was established in 1993. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., 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. Alaska Automobile Assigned Risk 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 12/2021, Alaska Automobile Assigned Risk Plan generated $88.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $81.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
TO MAKE MOTOR VEHICLE INSURANCE AVAILABLE FOR PERSONS NOTABLE 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 | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $88,159 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $94 |
| Total Revenue | $88,257 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $33,401 |
| Professional fees and other payments to independent contractors | $34,063 |
| Occupancy, rent, utilities, and maintenance | $11,379 |
| Printing, publications, postage, and shipping | $916 |
| Other expenses | $1,269 |
| Total expenses | $81,028 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,994 |
| Other assets | $0 |
| Total assets | $49,554 |
| Total liabilities | $29,625 |
| Net assets or fund balances | $19,929 |
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