2026-07-22T13:48:04+00:00 2025-12-31 135381590 BDO USA 200 PARK AVE 38TH FLOOR NEW YORK NY 10166 990 2025-01-01 135672354 MOTOR VEHICLE ACCIDENT INDEMNIFICATION CORPORATION MOTO 6462057800 100 WILLIAM STREET FL 14 NEW YORK NY 10038 JASON DOOLEY PRESIDENT 2026-07-22 true CHRISTINA PATTEN P01972759 2128858000 2026-07-21 2025 2025-03-06 01:10:19Z JASON DOOLEY 100 WILLIAM STREET 14TH FLOOR NEW YORK NY 10038 65662185 false X WWW.MVAIC.COM X 1958 NY TO COMPENSATE INJURED VICTIMS OF UNINSURED STOLEN OR UNIDENTIFIED MOTORISTS. 8 8 78 0 0 58322777 38356986 0 0 3233719 3738749 0 0 61556496 42095735 0 0 0 8392726 9281680 0 0 0 44058927 41736340 52451653 51018020 9104843 -8922285 122889746 115822972 108406062 107908842 14483684 7914130 TO PAY NO FAULT CLAIMS, TORT SETTLEMENTS AND RELATED EXPENSES TO INJURED CLAIMS OF UNINSURED MOTOR VEHICLE ACCIDENTS IN THE STATE OF NEW YORK. false false 15638462 0 0 Total Personal Injury Protection (PIP) claims paid, also known as No-Fault. 10686698 0 0 Total Tort Claims Paid 9061483 0 0 Total Allocated Expenses Paid 35386643 false false false false true false false false false false true false false false true true 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 false false false false false false false true 2236 0 true 78 true false false false false false false false false X 8 8 false false false false false false false true true false false false false true true true true true false false false false X MOTOR VEHICLE ACCIDENT INDEMNIFICATION CORPORATION 6462057800 100 WILLIAM STREET 14TH FLOOR NEW YORK NY 10038 Tim Trueworthy Board Chair 0.1 0.0 X X 0 0 0 Abby Puleo Director 0.1 0.0 X 0 0 0 David Fernandez Director 0.1 0.0 X 0 0 0 Eddie Alejandro Director 0.1 0.0 X 0 0 0 Maura Clancy Director 0.1 0.0 X 0 0 0 Michael Hales Director 0.1 0.0 X 0 0 0 Robert Weir Director 0.1 0.0 X 0 0 0 Suzanne Procello Director 0.1 0.0 X 0 0 0 Christina M Frazitta Vice President and Board Secretary 35.0 0.0 X 262199 0 6037 Dominic A Dillon Controller 35.0 0.0 X 188202 0 119 Jason Dooley President 35.0 0.0 X 323231 0 8809 Boris Kazakevich Manager Claims 35.0 0.0 X 193747 0 10667 David Charles Manager, IT Security 35.0 0.0 X 156471 0 2595 David J Calabro Manager, IT 35.0 0.0 X 187080 0 8892 Eric Pappalardi Manager, SIU & Qualifications 35.0 0.0 X 180080 0 9516 Jaime E Gangemi Manager, Legal Department 35.0 0.0 X 215756 0 30 Andrew Staub Attorney 35.0 0.0 X 148593 0 11578 Ann Gangi Attorney 35.0 0.0 X 144661 0 4006 Bryan S Nager Supervisor 35.0 0.0 X 118593 0 2482 Lawrence Cacioppo Manager, Compliance 35.0 0.0 X 135682 0 4447 Sheila Ahmed Attorney 35.0 0.0 X 147487 0 0 2401782 0 69178 23 false true false MARSHALL & MARSHALL P LLC PO BOX 9055 HICKSVILLE NY 11801 LEGAL SERVICES 4232950 SCS SUPPORT CLAIM SERVICES 125 BAYLIS ROAD MELVILLE NY 11747 PEER REVIEW 1081056 AMERICAN ARBITRATION ASSOCIATION 120 BROADWAY 11TH FLOOR NEW YORK NY 10271 ARBITRATION SERVICES 891772 ISO SERVICES GENERAL POST OFFICE PO BOX 27508 NEW YORK NY 10087 CLAIMS RESEARCH 427322 NEW ENGLAND ASSET MANAGEMENT INC PO BOX 12084 NEWARK NJ 07101 INVESTMENT BROKERAGE 202345 12 38356986 38356986 0 0 0 0 0 3758516 3758516 0 0 23546683 23566450 -19767 0 -19767 -19767 0 0 0 0 0 0 42095735 0 0 3738749 1753432 5473161 269822 1235711 549554 9403 200000 249267 1472679 366200 672811 1143909 122229 237094 161548 No Fault Claims 15638462 TORT CLAIMS 10686698 ALLOCATED LOSS ADJUSTMENT EXPENSES 9061483 CHANGE IN RESERVES 671560 1042997 51018020 23211560 11000978 4361987 6726810 732776 858118 0 0 0 0 448637 453619 1675264 1289007 546852 386257 89907931 93283789 0 0 3680003 3113401 122889746 115822972 2510057 2212349 0 0 105896005 105696493 108406062 107908842 X 14483684 7914130 14483684 7914130 122889746 115822972 X -8922285 2102424 250307 X false true true false false false false 0 0 513208 256629 256579 1162056 1032378 129678 386257 Federal Income Taxes RESERVE FOR LOSS AND ALLOCATED LOSS ADJUSTMENT EXPENSES 80318172 RESERVE FOR UNALLOCATED LOSS ADJUSTMENT EXPENSES 23152742 OPERATING LEASE LIABILITY 2225579 105696493 X 43948892 2102424 0 2102424 41846468 249267 0 249267 42095735 50768753 0 0 50768753 249267 0 249267 51018020 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE CORPORATION IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM FEDERAL, STATE, AND LOCAL INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE (THE CODE), AND, THEREFORE, HAS MADE NO PROVISION FOR INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. IN ADDITION, THE CORPORATION HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A "PRIVATE FOUNDATION" WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. THERE WAS NO UNRELATED BUSINESS INCOME FOR 2025 AND 2024. UNDER ASC 740, AN ORGANIZATION MUST RECOGNIZE THE FINANCIAL STATEMENT EFFECTS OF A TAX POSITION TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION. THE CORPORATION DOES NOT BELIEVE IT HAS TAKEN ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT HAS NOT RECOGNIZED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE CORPORATION HAS FILED FOR AND RECEIVED INCOME TAX EXEMPTIONS IN THE JURISDICTIONS WHERE IT IS REQUIRED TO DO SO. FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024, THERE WERE NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE STATEMENTS OF ACTIVITIES. THE CORPORATION IS SUBJECT TO ROUTINE AUDITS BY A TAXING AUTHORITY. AS OF DECEMBER 31, 2025 AND 2024, THE CORPORATION WAS NOT SUBJECT TO ANY EXAMINATION BY A TAXING AUTHORITY. THE CORPORATION BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR THE YEARS PRIOR TO 2014. X X X false false false Jason Dooley President 323137 0 0 0 94 0 0 0 8809 0 332040 0 0 0 Christina M Frazitta Vice President and Board Secretary 262105 0 0 0 94 0 0 0 6037 0 268236 0 0 0 Dominic A Dillon Controller 188058 0 0 0 144 0 0 0 119 0 188321 0 0 0 Jaime E Gangemi Manager, Legal Department 215612 0 0 0 144 0 0 0 30 0 215786 0 0 0 Boris Kazakevich Manager Claims 193653 0 0 0 94 0 0 0 10667 0 204414 0 0 0 David J Calabro Manager, IT 186936 0 0 0 144 0 0 0 8892 0 195972 0 0 0 Eric Pappalardi Manager, SIU & Qualifications 179986 0 0 0 94 0 0 0 9516 0 189596 0 0 0 David Charles Manager, IT Security 156377 0 0 0 94 0 0 0 2595 0 159066 0 0 0 Andrew Staub Attorney 148530 0 0 0 63 0 0 0 11578 0 160171 0 0 0 Form 990, Part VI, Line 11b Review of form 990 by governing body FORM 990 WAS PREPARED BY A NATIONALLY RECOGNIZED ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S FINANCIAL DEPARTMENT. DRAFT FORM 990 WAS REVIEWED BY THE PRESIDENT PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. AFTER FILING THE FORM 990 IS MADE AVAILABLE TO THE BOARD. Form 990, Part VI, Line 12c Conflict of interest policy THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY REQUIRING OFFICERS, DIRECTORS OR TRUSTEES, AND KEY EMPLOYEES TO DISCLOSE ANNUALLY ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE WITH THE POLICY ANNUALLY FOR EMPLOYEES AND QUARTERLY FOR BOARD MEMBERS. Form 990, Part VI, Line 19 Required documents available to the public UPON REQUEST, THE ORGANIZATION WILL MAKE AVAILABLE ONLY THOSE DOCUMENTS REQUIRED TO BE DISCLOSED UNDER THE PUBLIC INSPECTION LAWS. THE ORGANIZATION'S FINANCIAL STATEMENTS ARE ALSO MADE AVAILABLE ON THE ORGANIZATION'S WEBSITE. Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN PENSION AND POSTRETIREMENT BENEFIT OBLIGATION - 250307; Total - 250307; FORM 990, PART VI, LINE 15A AND 15B PROCESS TO ESTABLISH COMPENSATION THE PRESIDENT AND VICE PRESIDENT'S COMPENSATIONS ARE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS.