Motor Vehicle Accident Indemnification Corporation

EIN: 135672354

New York, NY

Total Revenue
$62,554,974
Total Expenses
$62,858,486
Total Assets
$112,070,139
Net Assets
$3,961,983
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1958
Legal Domicile
NY
Principal Officer
JASON DOOLEY
Phone
6462057800
Tax Period
2023-01-01 to 2023-12-31

Motor Vehicle Accident Indemnification Corporation, founded in 1958, is a mid-sized nonprofit that reported $62.6M in total revenue in fiscal year 2023.

Mission

To compensate injured victims of uninsured stolen or unidentified motorists

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $60,293,282
Program Service Revenue $0
Investment Income $2,261,692
Other Revenue $0
TOTAL REVENUE $62,554,974

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,015,986
Fundraising Expenses $0
Program Expenses $36,153,947
Other Expenses $55,842,500
TOTAL EXPENSES $62,858,486

Year-over-Year Comparison

2023 2022 Change
Revenue $62,554,974 $60,707,232 +0.0%
Expenses $62,858,486 $54,827,481 +0.1%
Net Income $-303,512 $5,879,751 -1.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
9
Independent Members
2
Employees
63
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
$599,200
Total Directors
9
$0
Key Employees
7
$1,013,364
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JASON DOOLEY President 35.00
Officer
$240,072 $0 $240,072
CHRISTINA M FRAZZITTA Vice President 35.00
Officer
$201,671 $0 $201,671
ERIC PAPPALARDI Manager SIU 35.00
Key Emp
$162,662 $0 $162,662
DOMINIC A DILLON Controller 35.00
Officer
$157,457 $0 $157,457
JAIME E GANGEMI Manager Legal Dept 35.00
Key Emp
$187,901 $0 $187,901
BORIS KAZAKEVICH Manager Claims 35.00
Key Emp
$161,195 $0 $161,195
DAVID J CALABRO Manager IT 35.00
Key Emp
$143,242 $0 $143,242
ANN GANGI Attorney 35.00
Key Emp
$120,204 $0 $120,204
SHEILA AHMED Attorney 35.00
Key Emp
$121,894 $0 $121,894
ANDREW STAUB Attorney 35.00
Key Emp
$116,266 $0 $116,266
TIM TRUEWORTHY New York Central Mutu N/A
Director
$0 $0 $0
MAURA CLANCY Clancy Clancy Broker N/A
Director
$0 $0 $0
ABBY PULEO Utica National N/A
Director
$0 $0 $0
DAVID FRENCH Travelers Insurance N/A
Director
$0 $0 $0
ISAAC ZAMBAS Public Member N/A
Director
$0 $0 $0
MICHAEL HALES Progressice Insurance N/A
Director
$0 $0 $0
ROBERT WEIR GEICO N/A
Director
$0 $0 $0
DAVID FERNANDEZ Allstate N/A
Director
$0 $0 $0
EDWARD ALEJANDRO Plymouth Rock N/A
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
2024 No data No data No data No data
2023 $62,554,974 $62,858,486 $112,070,139 $-303,512
2022 $60,707,232 $54,827,481 $97,106,001 $5,879,751
2021 $45,559,851 $45,377,724 $88,183,278 $182,127
2020 $27,375,866 $33,679,016 $84,374,495 $-6,303,150
2019 $40,992,530 $36,455,509 $84,149,024 $4,537,021
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Motor Vehicle Accident Indemnification Corporation with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.