Overview
What is Aipso?
Aipso, or Automated Information Systems Services, is a nonprofit organization headquartered at 302 Central Avenue in Johnston, Rhode Island (02919). They specialize in delivering information systems to the insurance residual market, offering various services such as systems planning and design, telecommunications coordination, networking, data transmission, programming expertise, software provision and maintenance, and equipment support. Aiming for optimal efficiency, Aipso's mission is to deliver top-tier services in the insurance residual market at the most cost-effective price. With a dedicated workforce of 476 employees, they provide essential systems and services to their clients.
Official website here: www.aipso.com
Is Aipso legitimate?
Aipso is a legitimate nonprofit organization registered as a 501(c)(6) entity. Aipso submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $2,823,497
Professional Fundraising Fees: $0
Other Salaries and Wages: $33,985,468
For more financial information, click here
Official website here: www.aipso.com
What is the mission statement of Aipso?
Aipso, the organization, is committed to delivering top-notch services to the insurance residual market at the most affordable cost. Their mission encompasses various aspects, including systems planning and design, telecommunications coordination, networking, data transmission, programming expertise, software provision, and system maintenance. Automated Information Systems Services, which is behind Aipso, offers these services to ensure efficient and effective solutions for the insurance residual market.
Official website here: www.aipso.com
Who is the CEO of Aipso?
What is the revenue of Aipso?
Who are the executives of Aipso and what are their salaries?
The average compensation at Aipso during 2022 was $77,330. There are 476 employees and 13 volunteers at Aipso.
Here are 26 key members and their salaries:
- Charles Kwolek Jr (President)
- Frank Pensabene (Vice President)
- Joseph Agresta (Vice President)
- Amy Hicks (Vice President)
- Timothy Messier (Asst Vice President)
- Robert Powers (Vice President)
- Kevin Leeman (Director Financial Srvs)
- Keith Gentile (Actuary)
- Tyler Falcone (Director Is&Ps)
- Annemarie D'Attelo (Senior Counsel)
- Thomas Assad Jr (Director)
- Matthew Mayfield (Caip Services Director)
- Michael O'Leary (Senior Counsel)
- Hanover Ins Co (Gov Comm Member) [Trustee/Director]
- Allstate Ins Co (Gov Comm Member) [Trustee/Director]
- Nationwide Mut Ins Co (Gov Comm Member) [Trustee/Director]
- Amica Mut Ins Co (Gov Comm Member) [Trustee/Director]
- Farmers Ins Exchange (Gov Comm Member) [Trustee/Director]
- Geico (Gov Comm Member) [Trustee/Director]
- Interinsurance Exchange Of The Auto Club (Gov Comm Member) [Trustee/Director]
- State Farm Mut Auto Ins Co (Gov Comm Member) [Trustee/Director]
- The Travelers Companies (Gov Comm Member) [Trustee/Director]
- Usaa (Gov Comm Member) [Trustee/Director]
- Progressive Cas Ins Co (Gov Comm Member) [Trustee/Director]
- Selective Ins Co (Gov Comm Member) [Trustee/Director]
- Nj Manufacturers Ins Co (Gov Comm Member) [Trustee/Director]
Official website here: www.aipso.com
Where can I find the form 990 for Aipso?
The Aipso’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.aipso.com
Learn more at the official website: www.aipso.com
Mission Statement of Aipso
Aipso, a prominent organization, is dedicated to delivering superior services to the insurance residual market at the most economical cost. By focusing on the residual market, Aipso sets itself apart, catering to the unique needs of this sector. The organization's mission is twofold: providing high-quality services and maintaining the lowest possible costs.
Automated Information Systems Services, known as Aipso, plays an essential role in the insurance industry by offering a comprehensive suite of solutions. This nonprofit entity specializes in systems planning and design, coordinating telecommunications, networking, and data transmission. Moreover, they bring programming expertise to the table and provide and maintain the necessary software, systems, and equipment. By managing all these aspects, Aipso ensures that the residual market mechanism functions efficiently and effectively.
Impact
This information is meant to be a general summary of Aipso. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Aipso's impact lies in its ability to provide high-quality services for the insurance residual market at the lowest possible cost. Through its Automated Information Systems Services, Aipso supports and provides information systems for any residual market mechanism. Its services include systems planning and design, coordination of telecommunications and networking, programming expertise, and maintenance of software, systems, and equipment. This enables insurance companies operating in the residual market to effectively manage their operations and costs, ultimately benefiting both the industry and consumers.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Assessments
Revenue
$36,212,989
Central Processor fees
Revenue
$15,043,908
Services Rendered
Revenue
$8,051,965
Service charges & service provider fees
Revenue
$19,942,546
Organization Details
Founding Year
1973
Phone
(401) 946-2310
Principal Officer
Charles Kwolek Jr
Main Address
302 CENTRAL AVENUE, JOHNSTON, RI, 029194932
Website
www.aipso.com
NTEE Category
Code: Y20 - Mutual benefit
If you are a representative of Aipso and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.