Automobile Insurers Bureau Of Massachusetts

Boston, MA
Tax-exempt since Nov. 1944
EIN: 04-1589700

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Type of Nonprofit

Designated as a 501(c)(6) Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions

Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Revenue

$13.4M (2023)

Expenses

$12.9M (2023)

Total Assets

$6.93M (2023)

Total Liabilities

$6.73M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$13,440,015

Expenses

$12,873,170

Net Income

$566,845

Net Assets

$203,241

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$10,721,876	79.8%
Investment Income	$1,105	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$702,904	5.2%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$2,014,130	15.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,572,205	12.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,436,609	11.2%

Assets/Debt
Total Assets	$6,932,709
Total Liabilities	$6,729,468
Net Assets	$203,241

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Kim Barber (President)	$404,906	$0	$79,354
William Scully (V.P., Chief Actuary)	$255,296	$0	$75,245
Ira Dobrow (Applications Development Manager)	$206,633	$0	$56,895
Jamie Mc Donough (Avp, Technology & Infrastructure)	$183,856	$0	$27,433
Erik Olson (Actuary)	$182,580	$0	$17,258
Edith Wendell (Avp, Data And Operations)	$165,362	$0	$49,697
Joel Arcieri (Actuarial Systems Director)	$146,003	$0	$32,957
Stephen Macary (Manager, Accounting)	$145,946	$0	$47,509
Timothy Fidler (Database And Systems Security Manager)	$140,071	$0	$30,583
Tammy Finch (Human Resources Manager)	$128,372	$0	$40,074
James Sidney (Senior Systems Analyst)	$125,085	$0	$10,489
Allstate Insurance Group (Governing Committee Member)	$0	$0	$0
Amica Mutual Group (Governing Committee Member)	$0	$0	$0
Arbella Insurance Group (Governing Committee Member)	$0	$0	$0
Berkshire Hathaway Group (Governing Committee Member)	$0	$0	$0
Farmers Insurance Group (Governing Committee Member)	$0	$0	$0
Liberty Mutual Group (Governing Committee Member)	$0	$0	$0
Mapfre Usa Corp (Governing Committee Member)	$0	$0	$0
Norfolk & Dedham Group (Governing Committee Member)	$0	$0	$0
Plymouth Rock Assurance Corporation (Governing Committee Member)	$0	$0	$0
Quincy Mutual Group (Governing Committee Member)	$0	$0	$0
The Hanover Insurance Group (Governing Committee Member)	$0	$0	$0
The Travelers Companies Inc (Governing Committee Member)	$0	$0	$0
Vermont Mutual Group (Governing Committee Member)	$0	$0	$0

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990

Filed on May 10, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$13,330,771

Expenses

$12,765,702

Net Income

$565,069

Net Assets

$180,691

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$10,514,168	78.9%
Investment Income	$965	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$689,343	5.2%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$2,126,295	16.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,823,925	14.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,381,846	10.8%

Assets/Debt
Total Assets	$7,444,199
Total Liabilities	$7,263,508
Net Assets	$180,691

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Kim Barber (President)	$479,293	$0	$73,605
William Scully (V.P., Chief Actuary)	$248,119	$0	$62,265
Thomas Simon (V.P., Operations)	$201,725	$0	$68,213
Ira Dobrow (Applications Development Manager)	$201,318	$0	$51,139
Erik Olson (Actuary)	$177,409	$0	$13,443
Jamie Mc Donough (Avp, Technology & Infrastructure)	$174,755	$0	$23,124
Edith Wendell (Avp, Data And Operations)	$163,934	$0	$40,488
Stephen Macary (Manager, Accounting)	$142,811	$0	$40,235
Joel Arcieri (Actuarial Systems Director)	$142,445	$0	$26,644
Timothy Fidler (Database And Systems Security Manager)	$142,329	$0	$26,824
Tammy Finch (Human Resources Manager)	$123,404	$0	$33,603
James Sidney (Senior Systems Analyst)	$119,720	$0	$9,183
Allstate Insurance Group (Governing Committee Member)	$0	$0	$0
Amica Mutual Group (Governing Committee Member)	$0	$0	$0
Arbella Insurance Group (Governing Committee Member)	$0	$0	$0
Berkshire Hathaway Group (Governing Committee Member)	$0	$0	$0
Farmers Insurance Group (Governing Committee Member)	$0	$0	$0
Liberty Mutual Group (Governing Committee Member)	$0	$0	$0
Mapfre Usa Corp (Governing Committee Member)	$0	$0	$0
Norfolk & Dedham Group (Governing Committee Member)	$0	$0	$0
Plymouth Rock Assurance Corporation (Governing Committee Member)	$0	$0	$0
Quincy Mutual Group (Governing Committee Member)	$0	$0	$0
Safety Insurance Group (Governing Committee Member)	$0	$0	$0
The Hanover Insurance Group (Governing Committee Member)	$0	$0	$0
The Travelers Companies Inc (Governing Committee Member)	$0	$0	$0

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990

Filed on May 10, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$12,244,779

Expenses

$12,091,937

Net Income

$152,842

Net Assets

$152,859

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$10,250,931	83.7%
Investment Income	$1,085	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$1,992,763	16.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,713,283	14.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,446,668	12.0%

Assets/Debt
Total Assets	$2,744,805
Total Liabilities	$2,591,946
Net Assets	$152,859

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Kim Barber (President)	$458,024	$0	$72,703
Thomas Simon (V.P., Operations)	$299,599	$0	$74,971
William Scully (V.P., Chief Actuary)	$239,295	$0	$55,535
Ira Dobrow (Applications Development Manager)	$192,660	$0	$44,245
Erik Olson (Actuary)	$170,624	$0	$9,693
Jamie Mc Donough (Infrastructure Director)	$165,165	$0	$21,797
Edith Wendell (Avp, Data And Operations)	$155,611	$0	$32,978
Joel Arcieri (Actuarial Systems Director)	$137,500	$0	$22,244
Timothy Fidler (Database And Systems Security Manager)	$137,239	$0	$23,752
Stephen Macary (Manager, Accounting)	$136,950	$0	$39,646
James Sidney (Senior Systems Analyst)	$119,272	$0	$10,073
Tammy Finch (Human Resources Manager)	$118,819	$0	$26,666
Allstate Insurance Group (Governing Committee Member)	$0	$0	$0
Amica Mutual Group (Governing Committee Member)	$0	$0	$0
Arbella Insurance Group (Governing Committee Member)	$0	$0	$0
Berkshire Hathaway Group (Governing Committee Member)	$0	$0	$0
Hanover Insurance Group (Governing Committee Member)	$0	$0	$0
Liberty Mutual Group (Governing Committee Member)	$0	$0	$0
Mapfre Usa Corp (Governing Committee Member)	$0	$0	$0
Metropolitan Group (Governing Committee Member)	$0	$0	$0
Norfolk & Dedham Group (Governing Committee Member)	$0	$0	$0
Plymouth Rock Assurance Corporation (Governing Committee Member)	$0	$0	$0
Quincy Mutual Group (Governing Committee Member)	$0	$0	$0
Safety Insurance Group (Governing Committee Member)	$0	$0	$0
The Travelers Companies Inc (Governing Committee Member)	$0	$0	$0

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990

Filed on May 13, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2020

Revenue

$12,201,743

Expenses

$11,670,551

Net Income

$531,192

Net Assets

$541,007

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$10,062,556	82.5%
Investment Income	$5,650	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$2,133,537	17.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,068,285	9.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,373,084	20.3%

Assets/Debt
Total Assets	$2,784,103
Total Liabilities	$2,243,096
Net Assets	$541,007

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Kim Barber (President)	$448,284	$0	$54,719
Thomas Simon (V.P., Operations)	$300,146	$0	$64,086
William Scully (V.P., Chief Actuary)	$236,963	$0	$34,050
Ira Dobrow (Applications Development Manager)	$194,403	$0	$38,685
Erik Olson (Actuary)	$170,684	$0	$10,429
Jamie Mc Donough (Infrastructure Director)	$164,955	$0	$15,112
Edith Wendell (Avp, Data And Operations)	$147,638	$0	$23,322
Timothy Fidler (Database And Systems Security Manager)	$138,570	$0	$19,822
Joel Arcieri (Actuarial Systems Director)	$137,480	$0	$16,722
Stephen Macary (Manager, Accounting)	$136,366	$0	$29,036
Tammy Finch (Human Resources Manager)	$111,487	$0	$20,949
Daniel Johnston (President (Former))	$105,621	$0	$74,884
Allstate Insurance Group (Governing Committee Member)	$0	$0	$0
Amica Mutual Group (Governing Committee Member)	$0	$0	$0
Arbella Insurance Group (Governing Committee Member)	$0	$0	$0
Berkshire Hathaway Group (Governing Committee Member)	$0	$0	$0
Hanover Insurance Group (Governing Committee Member)	$0	$0	$0
Liberty Mutual Group (Governing Committee Member)	$0	$0	$0
Mapfre Usa Corp (Governing Committee Member)	$0	$0	$0
Metropolitan Group (Governing Committee Member)	$0	$0	$0
Norfolk & Dedham Group (Governing Committee Member)	$0	$0	$0
Plymouth Rock Insurance Group (Governing Committee Member)	$0	$0	$0
Quincy Mutual Group (Governing Committee Member)	$0	$0	$0
Safety Insurance Group (Governing Committee Member)	$0	$0	$0
Travelers Companies Inc (Governing Committee Member)	$0	$0	$0

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990

Filed on Nov. 4, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$12,391,657

Expenses

$12,082,765

Net Income

$308,892

Net Assets

$308,892

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$10,035,183	81.0%
Investment Income	$14,603	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$2,341,871	18.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,181,503	9.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,348,780	19.4%

Assets/Debt
Total Assets	$3,141,246
Total Liabilities	$2,832,354
Net Assets	$308,892

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2018

Revenue

$11,844,964

Expenses

$11,599,317

Net Income

$245,647

Net Assets

$240,183

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$9,357,600	79.0%
Investment Income	$1,481	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$2,485,883	21.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,236,120	10.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,283,775	19.7%

Assets/Debt
Total Assets	$2,696,362
Total Liabilities	$2,456,179
Net Assets	$240,183

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2017

Revenue

$11,494,768

Expenses

$11,320,292

Net Income

$174,476

Net Assets

$174,433

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$9,062,087	78.8%
Investment Income	$471	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$2,432,210	21.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,290,210	11.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,272,194	20.1%

Assets/Debt
Total Assets	$2,735,202
Total Liabilities	$2,560,769
Net Assets	$174,433

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2016

Revenue

$11,140,273

Expenses

$10,911,938

Net Income

$228,335

Net Assets

$228,368

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$8,694,471	78.0%
Investment Income	$1,126	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$2,444,676	21.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,248,178	11.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,139,129	19.6%

Assets/Debt
Total Assets	$2,812,228
Total Liabilities	$2,583,860
Net Assets	$228,368

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Revenue

$10,822,405

Expenses

$10,448,863

Net Income

$373,542

Net Assets

$373,527

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$8,454,639	78.1%
Investment Income	$830	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$2,366,936	21.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,207,790	11.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$2,775,995
Total Liabilities	$2,402,468
Net Assets	$373,527

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Revenue

$10,576,029

Expenses

$10,552,960

Net Income

$23,069

Net Assets

$23,322

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$8,296,428	78.4%
Investment Income	$654	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$2,278,947	21.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,162,684	11.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$2,440,010
Total Liabilities	$2,416,688
Net Assets	$23,322

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$10,689,342

Expenses

$10,360,090

Net Income

$329,252

Net Assets

$329,252

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$8,492,562	79.4%
Investment Income	$608	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$2,196,172	20.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,199,435	11.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$2,189,919
Total Liabilities	$1,860,667
Net Assets	$329,252

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$10,593,607

Expenses

$10,077,778

Net Income

$515,829

Net Assets

$515,762

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$8,558,672	80.8%
Program Services	$0
Investment Income	$584	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$2,034,351	19.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,192,243	11.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$2,207,770
Total Liabilities	$1,692,008
Net Assets	$515,762

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$10,225,367

Expenses

$10,183,676

Net Income

$41,691

Net Assets

$38,214

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$8,222,197	80.4%
Program Services	$0
Investment Income	$642	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$2,002,528	19.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,246,504	12.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,845,525	18.1%

Assets/Debt
Total Assets	$1,710,333
Total Liabilities	$1,672,119
Net Assets	$38,214

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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Raw filing data. Includes EINs and summary financials as structured data.
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Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
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Automobile Insurers Bureau Of Massachusetts

Organization summary

Type of Nonprofit

Details

Summary charts: organization finances over time

Revenue $13.4M (2023)

Expenses $12.9M (2023)

Total Assets $6.93M (2023)

Total Liabilities $6.73M (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2011

Extracted Financial Data

Revenue

$13.4M (2023)

Expenses

$12.9M (2023)

Total Assets

$6.93M (2023)

Total Liabilities

$6.73M (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004