Program areas at AIB
The Bureau submitted rate filings for commercial automobiles on behalf of its member companies, advisory rate filings for private passenger automobiles and filings for policy rules and forms changes as needed.
The Bureau continued to update and maintain a detail claim database for member company use to investigate automobile insurance claims, and for regulators and prosecutors in fighting insurance fraud.
The Bureau provided actuarial analysis and support for its member companies, including loss cost analysis, accident year quarterly comparisons, loss trend analysis and town index analysis.
Personnel at AIB
| Name | Title | Compensation | Date of data |
|---|
| Thomas Simon | Vice President , Operations | $299,599 | 2022-12-31 |
| Kim Barber | President | $479,293 | 2023-05-10 |
| Joel Arcieri | Actuarial Systems Director | $142,445 | 2022-12-31 |
| Jamie McDonough | Infrastructure Director | $174,755 | 2022-12-31 |
| Ira Dobrow | Applications Development Manager | $201,318 | 2022-12-31 |
| ...and 7 more key personnel |
Financials for AIB
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $10,721,876 | $10,514,168 | 2% |
| Investment income and dividends | $1,105 | $965 | 14.5% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $702,904 | $689,343 | 2% |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $2,014,130 | $2,126,295 | -5.3% |
| Total revenues | $13,440,015 | $13,330,771 | 0.8% |
Organizations like AIB
| Organization | Type | Location | Revenue |
|---|
| Wisconsin Compensation Rating Bureau | 501(c)(6) | Waukesha, WI | $10,855,383 |
| Mississippi State Rating Bureau (MSRB) | 501(c)(6) | Flowood, MS | $3,777,657 |
| The Workers Compensation Rating and Inspection Bureau of Massachusetts | 501(c)(6) | Boston, MA | $15,210,321 |
| Property Insurance Association of La | 501(c)(6) | Metairie, LA | $6,021,410 |
| Pennsylvania Property and Casualty Insurance Guaranty Association (PPCIGA) | 501(c)(6) | Philadelphia, PA | $17,374,884 |
| Pa Financial Responsibility Assigned Claims Plan | 501(c)(6) | Philadelphia, PA | $6,116,453 |
| Nonprofits United | 501(c)(6) | Sacramento, CA | $8,573,635 |
| Ohio Rural Electric Cooperatives | 501(c)(6) | Columbus, OH | $8,402,596 |
| Greater Fort Lauderdale Alliance | 501(c)(6) | Fort Lauderdale, FL | $3,705,113 |
| Greater Satx | 501(c)(6) | San Antonio, TX | $5,988,124 |
Data update history
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 8, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 30, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 26, 2023
Updated personnel
Identified 8 new personnel
February 28, 2022
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Business and community development organizationsInsurance companiesEnvironmental organizationsChapter / child organizations
Issues
Business and industry
Characteristics
MembershipsState / local level
General information
- Address
- 101 Arch St
- Boston, MA 02110
- Metro area
- Boston-Cambridge-Newton, MA-NH
- County
- Suffolk County, MA
- Website URL
- aib.org/contentpages/public/default.aspx
- Phone
- (617) 439-4542
IRS details
- EIN
- 04-1589700
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1925
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- S40: Business and Industry
- NAICS code, primary
- 524126: Direct Property and Casualty Insurance Carriers
- Parent/child status
- Subordinate organization
Free account sign-up
Want updates when AIB has new information, or want to find more organizations like Automobile Insurers Bureau of Massachusetts (AIB)?
Create free Cause IQ account