2011-06-30T05:31:03-07:00 2010-12-31 990 2010-01-01 132732270 AIPSO AIPS 4019462310 302 CENTRAL AVENUE JOHNSTON RI 029194932 KEVIN LEEMAN 4019462310 2011-06-01 2010 2016-02-24 21:20:13Z DAVID KOHLHAMMER C/O AIPSO302 CENTRAL AVE JOHNSTON RI 02919 34069893 false X www.aipso.com X 1973 RI AIPSO's mission is to provide high quality services for the insurance residual market at the lowest possible cost. 12 12 314 0 0 0 31877403 34045657 10993 6888 19297 17348 31907693 34069893 0 0 25539285 27956559 0 0 8682147 5788571 34221432 33745130 -2313739 324763 19438631 26384961 40265452 50564686 -20826821 -24179725 X AIPSO's mission is to provide high false false AUTOMATED INFORMATION SYSTEMS SERVICES PROVIDES AND SUPPORTS INFORMATION SYSTEMS FOR ANY RESIDUAL MARKET MECHANISM. WE (1) PROVIDE SYSTEMS PLANNING AND DESIGN, (2) COORDINATE TELECOMMUNICATIONS, NETWORKING, AND DATA TRANSMISSION, (3) OFFER PROGRAMMING EXPERTISE, (4) PROVIDE AND MAINTAIN SOFTWARE, SYSTEMS, AND EQUIPMENT. RATING SERVICES IS A LICENSED RATING ORGANIZATION IN MORE THAN 40 STATES AND THE DISTRICT OF COLUMBIA. WE (1) COLLECT, EVALUATE, AND EDIT INSURANCE PREMIUM AND EXPENSE DATA RECEIVED FROM STATISTICAL ORGANIZATIONS THAT COLLECT THE DATA FROM INSURANCE COMPANIES, (2) DEVELOP RATES, RATING RULES, AND SUPPORTING MANUALS DESIGNED SPECIFICALLY FOR THE RESIDUAL MARKET, (3) DEVELOP INDIVIDUAL RATES FOR UNIQUE RISKS NOT SPECIFICALLY RATED FROM THE RATING MANUALS, (4) PRESENT RATE INDICATION TO GOVERNING C FINANCIAL SERVICES PROVIDES ACCOUNTING AND INVESTMENT SERVICES FOR ANY RESIDUAL MARKET ORGANIZATION. WE (1) PROCESS ACCOUNT RECEIVABLES/PAYABLES, (2) MAINTAIN GENERAL LEDGERS, (3) PREPARE FINANCIAL STATEMENTS, REPORTS, AND TAX FILINGS, (4) MAINTAIN AND RECONCILE BANK ACCOUNTS, (5) PREPARE, DISTRIBUTE, AND COLLECT ASSESSMENTS, (6) OVERSEE MECHANISMS' INVESTMENTS ON A CENTRALIZED BASIS. Plan Management Services provide all necessary services for the effective and efficient administration of any for the effective and efficient administration of any for the effective and efficient administration of any for the effective and efficient administration of any for the effective and efficient administration of any for the effective and efficient administration of any Policy Forms Services develops automobile insurance policies designed specifically for the residual market. policies designed specifically for the residual market. policies designed specifically for the residual market. policies designed specifically for the residual market. policies designed specifically for the residual market. policies designed specifically for the residual market. applications and provides customer support for any residual market mechanism. residual market mechanism. residual market mechanism. residual market mechanism. residual market mechanism. residual market mechanism. Producer Certification Services provides support for producer licensing and certification for residual producer licensing and certification for residual producer licensing and certification for residual producer licensing and certification for residual producer licensing and certification for residual producer licensing and certification for residual Commercial Automobile Safety Program Services provides processing support for loss prevention programs. processing support for loss prevention programs. processing support for loss prevention programs. processing support for loss prevention programs. processing support for loss prevention programs. processing support for loss prevention programs. insurance coverage provided through auto insurance residual market mechanisms. false false false false true false false false false false true false false false true false true false false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 12 0 true 314 true false false false false false false false false false false X 12 12 false false true false true true false true true true false false true true true true true true true false X KEVIN LEEMAN 4019462310 302 CENTRAL AVENUE JOHNSTON RI 029194932 ALLSTATE INS CO 1.00 X 0 0 0 AIG CASUALTY INS CO 1.00 X 0 0 0 AMICA MUT INS CO 1.00 X 0 0 0 FARMERS INS GROUP 1.00 X 0 0 0 GEICO GEN INS CO 1.00 X 0 0 0 HARTFORD FINANCIAL GROUP 1.00 X 0 0 0 NATIONWIDE MUT INS CO 1.00 X 0 0 0 STATE FARM MUT AUTO INS CO 1.00 X 0 0 0 TRAVELERS COS INC 1.00 X 0 0 0 USAA 1.00 X 0 0 0 PROGRESSIVE CAS INS CO 1.00 X 0 0 0 HANOVER INS GROUP 1.00 X 0 0 0 DAVID KOHLHAMMER 37.50 X 415871 0 151412 CHARLES KWOLEK JR 37.50 X 249788 0 105459 LAWRENCE IACOI 37.50 X 248009 0 100917 JOSEPH AGRESTA 37.50 X 207864 0 90101 JOHN WINKLEMAN JR 37.50 X 206990 0 79434 THOMAS NEAGLE 38 X 192280 81109 TIMOTHY MESSIER 38 X 185728 82300 AMY HICKS 32 X 153117 55399 GARY MILLER 38 X 161391 67686 KEVIN LEEMAN 38 X 152557 67975 MARGARET LEVY 38 X 146547 65053 VALERIE LITTLEFIELD 38 X 135851 55386 KEITH GENTILE 38 X 145697 68390 CHRISTOPHER YOUNG 38 X 137424 65068 KAREN BORAWSKI 36 X 140235 53331 2879349 1189020 41 false true false KPMG LLP PO BOX 120001 DALLAS TX 75312 Audit 350000 SUNGUARD AVAILABILITY SRVS PO BOX 91233 CHICAGO IL 60693 Disaster recovery 107682 2 Assessments 524298 27382295 Central Processor fees 524298 6020974 Residual Market audit 524298 260361 Sales of forms & manuals 524298 136516 Rent 524298 163680 81831 34045657 6888 Late Fees 524298 16631 16631 Miscellaneous 524298 717 717 17348 34069893 34069893 2796974 16062690 3373983 4372310 1350602 89819 393000 1173873 1300129 1558307 705977 902387 Pension expense -1171472 Licenses & Fees 42076 Insurance 125365 Bad Debt 23997 Payroll Processing 34325 610788 33745130 12220243 15348286 860599 4727808 175006 7016 1251 146363 115800 16807973 10791163 6204410 6016810 19438631 26384961 632879 657899 39632573 49906787 40265452 50564686 X -20826821 -24179725 -20826821 -24179725 19438631 26384961 X 324763 -3677667 X false true true X false false true false 908645 908645 10128572 6004085 4124487 5658212 4752978 905234 112544 34100 78444 6016810 Accrued pension 11054586 Accrued vacation 605900 Advanced assessments 10961017 Capital lease obligation 187380 Post-retirement benefits 22143925 CAIP minimum fee 4953979 49906787 34069893 33745130 324763 324763 34069893 34069893 34069893 33745130 33745130 33745130 X true true X X X false false false DAVID KOHLHAMMER 408585 7286 140952 12641 569464 CHARLES KWOLEK JR 249264 524 91666 15351 356805 LAWRENCE IACOI 247587 422 90457 12023 350489 JOSEPH AGRESTA 207864 76307 15185 299356 JOHN WINKLEMAN JR 206990 74234 6555 287779 THOMAS NEAGLE 192280 70650 11791 274721 TIMOTHY MESSIER 185728 68507 15091 269326 AMY HICKS 153117 55253 1216 209586 GARY MILLER 161343 48 57226 11597 230214 KEVIN LEEMAN 152546 11 54181 14901 221639 MARGARET LEVY 146547 54593 11525 212665 VALERIE LITTLEFIELD 134461 1390 50187 6166 192204 KEITH GENTILE 144520 1177 54596 14868 215161 CHRISTOPHER YOUNG 136748 676 51274 14794 203492 KAREN BORAWSKI 48758 91477 47250 6481 193966 Pt VI-A, Line 6 Members consist of companies writing the majority of automobile insurance in the United States. Pt VI-A, Line 7a Members elect the governing body which is compsed of 13 major insurance companies, 12 voting and 1 non-voting. Pt VI-B, Line 11a Form 990 is reviewed and signed by AIPSO's Director of Financial & Investment Services. Pt VI-B, Line 12c Directors and Officers are required annually to sign a Conflict of Interest Statement disclosing any conflicts. Pt VI-B, Line 15 a. The Governing Body (The Board) annually reviews the performance of the President and acts on a recommendation of the Board Chair regarding annual salary adjustments. The President's compensation is subject to the same process as all other employees, including a designated salary grade level established by the Board. The Board may also retain outside independent compensation advisors, as deemed advisable by the Board, and review benchmark information to ensure that compensation of the President is reasonable. The Board Chair also coordinates with the President to develop the performance goals and criteria for recommendation to the Board. Pt VI-B, Line 15 b. Compensation of the Officers is reviewed and approved by Human Resources and the President of AIPSO, provided that persons with conflicts of interest with respect to the compensation arrangement at issue are not involved in this review and approval. The compensation of the person is reviewed and approved using data as to comparable compensation for similarly qualified persons in functionally comparable Form 990EZ, Part I, Line 8 AIP DATA FEES CAIP AUDIT INCOME LATE PAYMENT PENALTY MAGNETIC TAPE RPTS FORMS & MANUALS VOLUNTARY DATA FEES CENTRAL PROCESSOR FEES ELECTRONIC BINDING MANAGEMENT FEE PRODUCER SEMINAR MISCELLANEOUS Form 990EZ, Part I, Line 16 INSURANCE TAXES, LICENSES & FEES CORPORATE COMMUNICATION TEMPORARY PERSONNEL MICROFILMING BOND COSTS RATE & SURVEY DATA FEE REAL ESTATE & PROP.TAX PAYROLL PROCESSING PROFESSIONAL DUES EDUCATIONAL SEMINARS BANK & CREDIT CARD FEE COMMISSION ON BONDS POST-RETIREMENT BENEFITS MISCELLANEOUS Form 990EZ, Part II, Line 24 ACCOUNTS RECEIVABLE - NET INVENTORIES PREPAIDS Form 990EZ, Part II, Line 26 ACCOUNTS PAYABLE & ACCRUED EXPENSES ADVANCED ASSESSMENTS CURRENT PORTION OF BONDS PAYABLE BONDS PAYABLE - LONG TERM CASH OVERDRAFT POST-EMPLOYMENT BENEFITS POST-RETIREMENT BENEFITS ACCRUED PENSION ACCRUED VACATION MANAGEMENT FEE ACCURED INTEREST DEFERRED RENT OBLIGATION Form 990, Part III, Line 4d PLAN MANAGEMENT SERVICES PROVIDE ALL NECESSARY SERVICES POLICY FORMS SERVICES DEVELOPS AUTOMOBILE INSURANCE APPLICATIONS AND PROVIDES CUSTOMER SUPPORT FOR ANY PRODUCER CERTIFICATION SERVICES PROVIDES SUPPORT FOR COMMERCIAL AUTOMOBILE SAFETY PROGRAM SERVICES PROVIDES INSURANCE COVERAGE PROVIDED THROUGH AUTO INSURANCE Form 990, Part VI, Line 9 ALLSTATE INS CO 2775 SANDERS RD,STE C09 NORTHBROOK IL 60062 AIG CASUALTY CO 80 PINE ST,36TH FL NEW YORK NY 10005 AMICA MUTUAL INS 100 AMICA WAY LINCOLN RI 02865 FARMERS INS GROUP 5701 STIRLING RD DAVIE FL 33314 GEICO GENERAL INS 750 WOODBURY ROAD WOODBURY NY 11797 HARTFORD FINANCIAL GROUP 200 HOPMEADOW ST SIMSBURY CT 06089 NATIONWIDE MUTUAL INS 22901 MILLCREEK BLVD HIGHLAND MILLS OH 44122 STATE FARM MUTUAL AUTO ONE STATE FARM PLAZA D-1 BLOOMINGTON IL 61710 TRAVELERS CO'S PO BOX 1372,43 COATES FA Form 990, Part IX, Line 24f PROFESSIONAL DUES 44184. TEMPORARY PERSONNEL 44047. CORPORATE COMMUNICATIONS 22463. RATE & SURVEY DATA FEES 345803. ELECTRONIC SUBSCRIPTIONS 93374. BOOKS, NEWS & PERIODICALS 44865. EXPENSE REPORT FEES 15243. MISCELLANEOUS 809. positions at similarly situated organizations. AIPSO participates in a variety of well known salary surveys to obtain data as well as utilizing third party sources such as The Survey Group and salary.com. There is contemporaneous documentation and recordkeeping with respect to deliberations and decisions regarding the compensation arrangement. Pt VI-C, Line 19 Governing documents, conflict of interest policy and financial statements are available upon request. Pt VI-A, Line 4 Please refer to pdf document (5 pages) attached to filing. Pt XI Other changes in fund balance consist of retirement-related changes other than net periodic cost ($3,677,667). NEW YORK AUTOMOBILE INSURANCE PLAN 22 CORTLANDT STSTE 1500 NEW YORK NY 10007 237017182 MAKE MOTOR VEHICLE INSURANCE AVAILABLE FOR THOSE PERSONS NOT ABLE TO OBTAIN COVERAGE IN THE VOLUNTAR NY 501(c)(6) NA RHODE ISLAND AUTOMOBILE INSURANCE PLAN 302 CENTRAL AVENUE JOHNSTON RI 02919 136194674 MAKE AUTOMOBILE INSURANCE AVAILABLE FOR PERSONS NOT ABLE TO OBTAIN COVERAGE IN THE VOLUNTARY MARKET. RI 501(c)(6) NA CONNECTICUT AUTOMOBILE INSURANCE PLAN 302 CENTRAL AVENUE JOHNSTON RI 02919 136194669 MAKE AUTOMOBILE INSURANCE AVAILALE FOR PERSONS NOT ABLE TO OBTAIN COVERAGE IN THE VOLUNTARY MARKET. CT 501(c)(6) NA PENNSYLVANIA AUTOMOBILE INSURANCE PLAN 302 CENTRAL AVENUE JOHNSTON RI 02919 131997551 MAKE AUTOMOBILE INSURANCE AVAILABLE FOR PERSONS NOT ABLE TO OBTAIN COVERAGE IN THE VOLUNTARY MARKET. PA 501(c)(6) NA DELAWARE AUTOMOBILE INSURANCE PLAN 302 CENTRAL AVENUE JOHNSTON RI 02919 136194670 MAKE AUTOMOBILE INSURANCE AVAILABLE FOR PERSONS NOT ABLE TO OBTAIN COVERAGE IN THE VOLUNTARY MARKET. DE 501(c)(6) NA VIRGINIA AUTOMOBILE INSURANCE PLAN 302 CENTRAL AVENUE JOHNSTON RI 02919 540843888 MAKE AUTOMOBILE INSURANCE AVAILABLE FOR PERSONS NOT ABLE TO OBTAIN COVERAGE IN THE VOLUNTARY MARKET. VA 501(c)(6) NA DISTRICT OF COLUMBIA AUTOMOBILE INSURANCE PLAN C/O AIPSO 302 CENTRAL AVENUE JOHNSTON RI 02919 521051263 MAKE MOTOR VEHICLE INSURANCE AVAILABLE FOR PERSONS NOT ABLE TO OBTAIN COVERAGE IN THE VOLUNTARY MARK DC 501(c)(6) NA NEBRASKA AUTOMOBILE INSURANCE PLAN C/O AIPSO 302 CENTRAL AVENUE JOHNSTON RI 02919 426076594 MAKE MOTOR VEHICHLE INSURANCE AVAILABLE TO THOSE UNABLE TO OBTAIN IT IN THE VOLUNTARY MARKET. NE 501(c)(6) NA WEST VIRGINIA AUTOMOBILE INSURANCE PLAN C/O AIPSO 302 CENTRAL AVENUE JOHNSTON RI 02919 136194673 MAKE MOTOR VEHICLE INSURANCE AVAILABLE TO THOSE UNABLE TO OBTAIN COVERAGE IN THE VOLUNTARY MARKET. WV 501(c)(6) NA false false false false false false false false true false false false true true false true false false