Motor Vehicle Accident Indemnification Corporation
Nonprofit profile at a glance
- EIN
- 135672354
- IRS 990 coverage
- 2008–2025
- Official website data refreshed
- Jul 2026
- Forms available
- Form 990 2025
- Location
- New York, NY, US
- Phone
- (646) 205-7800
- Rating confidence
- Limited
Reported finances
- Revenue
- $42,095,735
- Expenses
- $51,018,020
- Assets
- $115,822,972
- Liabilities
- $107,908,842
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- Christina M Frazitta (Vice President and Board Secretary)
- Jason Dooley (President)
Highest reported compensation
- Jason Dooley (President): $332,040 total reported compensation
- Christina M Frazitta (Vice President and Board Secretary): $268,236 total reported compensation
- Jaime E Gangemi (Manager, Legal Department): $215,786 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
MVAIC's mission is to provide the highest level of support, assistance, and compassion to the victims of motor vehicle accidents, their families, and their representatives. We strive to enable legitimate claims to be qualified and paid promptly pursuant to New York laws and regulations in a cost effective manner, and to vigorously defend those cases that warrant a defense. We develop skilled and motivated employees through education, training and mentoring. We promote a professional and open environment that fosters cooperation and respect for both co-workers, and those who conduct business with MVAIC.
What it reported doing in 2025
Total Personal Injury Protection (PIP) claims paid, also known as No-Fault.
Operating model
- Revenue model
- Donor-supported. 91% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Accountability: 86
- Sustainability: 25
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -21.2%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 2.27; rating input score 56; 56th percentile among comparable filings
- Liabilities to assets ratio: 0.93; rating input score 4; 4th percentile among comparable filings
- Officer compensation ratio: 4.8%; rating input score 59; 59th percentile among comparable filings
Growth
- Program expense growth: -6.9% per year; rating input score 0; 3rd percentile among comparable filings
- Revenue growth: 5% per year; rating input score 100; 41st percentile among comparable filings
- Asset growth: 4.1% per year; rating input score 100; 27th percentile among comparable filings
Details
- What they do: 2 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 8 of 8 board members independent · 6 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $35.4M in reported program spending
- Leadership: top reported pay $332K · 21 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $6.8M reported
- Consistency: 13 of 13 current checks pass
- Schedules: 4 filed schedules · includes executive pay
- Filing history: 16 filing years from 2008 to 2025
- Contacts: How to reach this organization
- Money network: 13 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 3 of 9 not reported.
- High — Sustainability: Operating margin scored 3/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.
- High — Sustainability: Liabilities to assets ratio scored 4/100.
- Review — Sustainability: Officer compensation ratio scored 59/100.