Skip to content
Nonprofiteer
← NEW YORK AUTOMOBILE INSURANCE PLAN

Form 990 for tax year 2023

Filed by NEW YORK AUTOMOBILE INSURANCE PLAN.

Totals

Total revenue
$4,560,492
Total expenses
$4,275,030
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$4,535,493
Investment income
$24,999
Other revenue
$0
Total assets, end of year
$4,209,980
Total liabilities, end of year
$5,690,015
Net assets or fund balances, end of year
-$1,480,035
Program services expenses (Part IX)
$65,930
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 1.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: Assessment

    total $3,726,567 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: Motor Vehicle Record

    total $808,926 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $24,999 · unrelated business $0 · excluded $0

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $1,456,652 · program services $0 · management and general $0 · fundraising $0

  • 8 · Pension plan contributions

    total $172,726 · program services $0 · management and general $0 · fundraising $0

  • 9 · Other employee benefits

    total $264,546 · program services $0 · management and general $0 · fundraising $0

  • 10 · Payroll taxes

    total $110,307 · program services $0 · management and general $0 · fundraising $0

  • 11a · Fees: management

    total $605,312 · program services $0 · management and general $0 · fundraising $0

  • 11b · Fees: legal

    total $28,780 · program services $0 · management and general $0 · fundraising $0

  • 11d · Fees: lobbying

    total $27,000 · program services $0 · management and general $0 · fundraising $0

  • 13 · Office expenses

    total $42,905 · program services $0 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $435,079 · program services $0 · management and general $0 · fundraising $0

  • 17 · Travel

    total $56,995 · program services $0 · management and general $0 · fundraising $0

  • 20 · Interest

    total $1,062 · program services $0 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $65,930 · program services $65,930 · management and general $0 · fundraising $0

  • 23 · Insurance

    total $31,340 · program services $0 · management and general $0 · fundraising $0

  • 24a · Other expenses: Motor vehicle record

    total $808,926 · program services $0 · management and general $0 · fundraising $0

  • 24b · Other expenses: Bank charges

    total $11,641 · program services $0 · management and general $0 · fundraising $0

  • 24c · Other expenses: Temporary personal

    total $109,115 · program services $0 · management and general $0 · fundraising $0

  • 24d · Other expenses: Investigative reports

    total $21,356 · program services $0 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $25,358 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $594,181 · end of year $1,641,248

  • 2 · Savings and temporary cash investments

    beginning of year $444,501 · end of year $259,080

  • 4 · Accounts receivable

    beginning of year $207,508 · end of year $389,266

  • 9 · Prepaid expenses and deferred charges

    beginning of year $49,229 · end of year $50,790

  • 10a · Land, buildings and equipment: cost or other basis

    $534,985

  • 10b · Land, buildings and equipment: accumulated depreciation

    $380,072

  • 10c · Land, buildings and equipment, net

    beginning of year $204,833 · end of year $154,913

  • 15 · Other assets

    beginning of year $2,112,572 · end of year $1,714,683

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,255,561 · end of year $2,557,317

  • 25 · Other liabilities

    beginning of year $3,693,405 · end of year $3,132,698

  • 31 · Retained earnings, endowment or other funds

    beginning of year -$1,336,142 · end of year -$1,480,035

Mission and programs · 2023

Mission

To provide auto liability and physical damages coverages to those insureds who are unable to obtain such auto insurance in the voluntary market.

  • To make motor vehicle insurance available for those persons not able to obtain coverage in the voluntary market.

As filed on the 2023 return.

Listed in Part VII

  • Susan Hrynyk

    Gov Comm Member

    Total calculated
    $1,500
    From this org
    $1,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Anthony Aquilino

    Gov Comm Member

    Total calculated
    $0
    Hours/week
    2

  • NY Central Mut Ins Co

    Gov Comm Member

    Total calculated
    $0
    Hours/week
    2

  • Geico

    Gov Comm Member

    Total calculated
    $0
    Hours/week
    2

  • 21st Century Ins

    Gov Comm Member

    Total calculated
    $0
    Hours/week
    2

  • National ContProgressive

    Gov Comm Member

    Total calculated
    $0
    Hours/week
    2

  • Garrett Duffy

    Gov Comm Member

    Total calculated
    $2,929
    From this org
    $2,929
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Hartford Cas Ins

    Gov Comm Member

    Total calculated
    $0
    Hours/week
    2

  • Stuart Fries

    Gov Comm Member

    Total calculated
    $1,943
    From this org
    $1,943
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Allstate Ins Co

    Gov Comm Member

    Total calculated
    $0
    Hours/week
    2

  • State Farm Mut Auto Ins Co

    Gov Comm Member

    Total calculated
    $0
    Hours/week
    2

  • Travelers Co's Inc

    Gov Comm Member

    Total calculated
    $0
    Hours/week
    2

  • Scott Lobel

    Gov Comm Member

    Total calculated
    $2,850
    From this org
    $2,850
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Liberty Mut Ins Co

    Gov Comm Member

    Total calculated
    $0
    Hours/week
    2

  • Hereford Ins CoGafurAfzal

    Gov Comm Member

    Total calculated
    $0
    Hours/week
    2

  • Richard Signorelli

    Gov Comm Member

    Total calculated
    $1,200
    From this org
    $1,200
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Mark A Griffith

    Gov Comm Member

    Total calculated
    $2,850
    From this org
    $2,850
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • William Reynolds

    Gov Comm Member

    Total calculated
    $2,700
    From this org
    $2,700
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Nationwide Mut Ins Co

    Gov Comm Member

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
8 May 2024
IRS schema version
2023v5.1
Source object
202413139349300236

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.