Alaska Automobile Assigned Risk Plan
- Assets
- $151.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Johnston, RI
- Founding
- 03/1993
- Data as of
- 12/2022
- 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 12/2022, Alaska Automobile Assigned Risk Plan generated $7.8k 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 (27.7%) each year. All expenses for the organization totaled $131.3k 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.
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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 Gov Comm Member | 0.25 | $0 | |
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 | $6,609 |
| Membership dues | $0 |
| Investment income | $1,066 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $139 |
| Total Revenue | $7,814 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $34,245 |
| Professional fees and other payments to independent contractors | $77,424 |
| Occupancy, rent, utilities, and maintenance | $115 |
| Printing, publications, postage, and shipping | $899 |
| Other expenses | $18,605 |
| Total expenses | $131,288 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $148,122 |
| Other assets | $0 |
| Total assets | $151,898 |
| Total liabilities | $60,683 |
| Net assets or fund balances | $91,215 |