AUTOMOBILE INSURERS BUREAU OF MASSACHUSETTS

EIN: 041589700

Boston, MA

Total Revenue
$13,701,526
Total Expenses
$13,092,645
Total Assets
$5,215,574
Net Assets
$368,370
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1925
Legal Domicile
MA
Principal Officer
William H Scully
Phone
6174394542
Tax Period
2025-01-01 to 2025-12-31

AUTOMOBILE INSURERS BUREAU OF MASSACHUSETTS, founded in 1925, is a mid-sized nonprofit that reported $13.7M in total revenue in fiscal year 2025. Expenses of $13.1M left a modest 4% surplus.

Mission

The organization is a voluntary trade association supporting companies that write motor vehicle insurance in Massachusetts. Activities include insurance rate, rule and forms filings and insurance data analysis.

Program Service Accomplishments

Program 1

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...

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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.

Program 2

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.

Program 3

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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $11,184,621
Investment Income $20,795
Other Revenue $2,496,110
TOTAL REVENUE $13,701,526

Expense Breakdown

Grants Paid $401,820
Salaries & Benefits $3,835,353
Fundraising Expenses $0
Program Expenses $0
Other Expenses $8,855,472
TOTAL EXPENSES $13,092,645

Year-over-Year Comparison

2025 2024 Change
Revenue $13,701,526 $13,699,252 +0.0%
Expenses $13,092,645 $12,810,850 +0.0%
Net Income $608,881 $888,402 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
13
Independent Members
13
Employees
20
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$952,048
Total Directors
13
$0
Key Employees
4
$1,020,208
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
William Scully President 34.45
Officer
$309,884 $95,840 $405,724
Ira Dobrow Applications Development Manager 19.94
Key Emp
$219,704 $90,303 $310,007
Jamie McDonough VP, Technology & Infrastructure 10.87
Officer
$214,480 $59,492 $273,972
Edith Wendell VP, Data and Operations 36.25
Officer
$191,346 $81,006 $272,352
Erik Olson AVP, Chief Actuary 36.25
Key Emp
$232,621 $33,783 $266,404
Timothy Fidler Database and Systems Security Manager 18.13
Key Emp
$150,922 $75,219 $226,141
Joel Arcieri Actuarial Systems Director 34.45
Key Emp
$166,638 $51,018 $217,656
Mary Babbitt Senior Systems Analyst 21.75
Highest
$129,537 $44,631 $174,168
Michael Faria Technical Associate 36.25
Highest
$107,426 $55,556 $162,982
James Sidney Senior Systems Analyst 21.75
Highest
$130,714 $23,423 $154,137
Steven Michalski Senior Network Administrator 10.87
Highest
$116,863 $7,384 $124,247
N/A Governing Committee Member 0
Director
$0 $0 $0
N/A Governing Committee Member 0
Director
$0 $0 $0
N/A Governing Committee Member 0
Director
$0 $0 $0
N/A Governing Committee Member 0
Director
$0 $0 $0
N/A Governing Committee Member 0
Director
$0 $0 $0
N/A Governing Committee Member 0
Director
$0 $0 $0
N/A Governing Committee Member 0
Director
$0 $0 $0
N/A Governing Committee Member 0
Director
$0 $0 $0
N/A Governing Committee Member 0
Director
$0 $0 $0
N/A Governing Committee Member 0
Director
$0 $0 $0
N/A Governing Committee Member 0
Director
$0 $0 $0
N/A Governing Committee Member 0
Director
$0 $0 $0
N/A Governing Committee Member 0
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $13,701,526 $13,092,645 $5,215,574 $608,881
2024 $13,699,252 $12,810,850 $6,455,520 $888,402
2023 $13,440,015 $12,873,170 $6,932,709 $566,845
2022 $13,330,771 $12,765,702 $7,444,199 $565,069
2021 $12,244,779 $12,091,937 $2,744,805 $152,842
2020 $12,201,743 $11,670,551 $2,784,103 $531,192
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