Nonprofits›Rhode Island Automobile Insurance Plan

Rhode Island Automobile Insurance Plan

JOHNSTON, RI

Website

Total revenue

$14.0M

Total expenses

$18.4M

Net assets

$3.6M

Grants received

—

EIN

136194674

Tax year

2024

Mission

The purpose of the Rhode Island Automobile Insurance Plan is to make available automobile insurance to qualified drivers who are unable to purchase such coverage in the voluntary market.

Financials

FY 2024

Revenue

Contributions & grants—
Program service revenue$13.0M
Investment income$751K
Other revenue$218K
Total revenue$14.0M

Expenses

Grants paid—
Salaries & benefits$293K
Fundraising—
Other expenses$18.1M
Total expenses$18.4M
Total assets$24.3M
Net assets$3.6M

People

12 listed

NameRoleCompensation

Amica Mutual Ins Co

Gov Comm Member

Board

—

0.25 hrs/wk

Farmers Insurance

Gov Comm Member

Board

—

0.25 hrs/wk

State Farm Co's

Gov Comm Member

Board

—

0.25 hrs/wk

Nationwide Mut Ins Co

Gov Comm Member

Board

—

0.25 hrs/wk

Delmar Condinho

Gov Comm Member

Board

—

0.25 hrs/wk

Ernest Shaghalian

Gov Comm Member

Board

—

0.25 hrs/wk

GEICO

Gov Comm Member

Board

—

0.25 hrs/wk

Bruce Messier

Gov Comm Member

Board

—

0.25 hrs/wk

Allstate Ins Co

Gov Comm Member

Board

—

0.25 hrs/wk

Andrew Palazzo

Gov Comm Member

Board

—

0.25 hrs/wk

Charles Reilly

Gov Comm Member

Board

—

0.25 hrs/wk

Progressive Cas Ins Co

Gov Comm Member

Board

—

0.25 hrs/wk

Details

EIN136194674
Subsection06
Ruling date1954-11
Formed1968
Employees0
Volunteers13
RHODE ISLAND AUTOMOBILE INSURANCE PLAN — Mission, Financials & Grants Received | Grantivo