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Motor Vehicle Protection Products Association Inc

Albany, NY · EIN 352414025 · Form 990 · FY2024 · NTEE S41 · Community Improvement · Small ($100K-$1M)
revenue
$608K
expenses
$649K
net assets
$201K
employees
0
program ratio
0%
mission · from form 990

To solidify the regulatory status of motor vehicle ancillary products and educate regulators and consumers about the benefits associated with these valuable products.

profile · synthesized from sources

Trade association focused on advocating for the regulatory standing of motor vehicle ancillary products, such as extended warranties and protection plans. Works to educate regulators and consumers about the value and benefits of these products. Based in Albany, NY, with a mission centered on policy and consumer awareness in the automotive services sector.

named programs · 2 · from sources

What they call their work

Consumer Education Initiative
Provides information to consumers about the benefits and proper use of vehicle service contracts, extended warranties, and related ancillary products.
Regulatory Advocacy Program
Engages with state and federal regulators to shape policies affecting motor vehicle protection products and ensure favorable regulatory treatment.
activities · 1 group

What they do

  • Insurance Industry Trade Association 1 activity
    • Advocacy for regulatory recognition of motor vehicle ancillary products
      Engages in advocacy efforts to promote the regulatory recognition of motor vehicle ancillary products, including providing education to regulators and consumers about their benefits.
financials · form 990 · fy2024
revenue
Total revenue$608K
Contributions & grants$00%
Program service revenue$607K100%
Investment income$1K0%
Other revenue$0
expenses
Total expenses$649K
Program expenses0%
Admin / overhead0%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$212K
Cash$137K
Investments$0
Liabilities$11K
Net assets$201K
Liquid reserves2.5 mo
5 years on record · 2020–2024 · YoY revenue +6.0%
leadership · form 990 part vii · fy2024

Who runs it

board members · 3
  • Damon Wiener — President
  • Kristin Arias — Secretary
  • Steve Krieser — Vice President/Treasurer
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Regulatory Advocacy and Consumer Education
    methodology: regulatory_advocacy
    By engaging in regulatory advocacy and public education, the organization advances the acceptance and legitimacy of motor vehicle ancillary products, influencing policy and consumer understanding to create a favorable environment for industry growth.