Skip to content
Nonprofiteer
← NORTH CAROLINA MEDICAL SOCIETY EMPLOYEE BENEFIT TRUST

Form 990 for tax year 2025

Filed by NORTH CAROLINA MEDICAL SOCIETY EMPLOYEE BENEFIT TRUST.

Totals

Total revenue
$45,996,137
Total expenses
$55,147,724
Contributions and grants received
$0
Grants paid
$50,000
Program service revenue
$45,013,421
Investment income
$982,716
Other revenue
$0
Total assets, end of year
$13,704,276
Total liabilities, end of year
$5,128,742
Net assets or fund balances, end of year
$8,575,534
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: MEMBER PREMIUM PAYMENTS

    total $45,013,421 · related or exempt $45,013,421

  • 3 · Investment income

    total $563,586 · excluded $563,586

  • 7a · Gross sales of assets other than inventory

    securities $31,798,421

  • 7b · Less cost or other basis and sales expenses

    securities $31,379,291

  • 7c · Gain or loss

    securities $419,130

  • 7d · Net gain or loss

    total $419,130 · excluded $419,130

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $50,000

  • 4 · Benefits paid to or for members

    total $48,591,594

  • 5 · Compensation of officers, directors and key employees

    total $9,000

  • 11a · Fees: management

    total $4,306,426

  • 11b · Fees: legal

    total $69,477

  • 11c · Fees: accounting

    total $58,633

  • 11f · Fees: investment management

    total $15,401

  • 11g · Fees: other

    total $1,981,812

  • 13 · Office expenses

    total $1,004

  • 23 · Insurance

    total $40,996

  • 24a · Other expenses: PCORI FEE

    total $23,303

  • 24b · Other expenses: TAXES & LICENSES

    total $78

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $8,112,531 · end of year $10,356,552

  • 4 · Accounts receivable

    beginning of year $283,476 · end of year $599,999

  • 11 · Investments: publicly traded securities

    beginning of year $15,715,325 · end of year $2,747,725

  • 17 · Accounts payable and accrued expenses

    beginning of year $983,426 · end of year $587,322

  • 19 · Deferred revenue

    beginning of year $1,067,522 · end of year $385,494

  • 25 · Other liabilities

    beginning of year $3,786,579 · end of year $4,155,926

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $18,273,805 · end of year $8,575,534

Mission and programs · 2025

Mission

THE NORTH CAROLINA MEDICAL SOCIETY EMPLOYEE BENEFIT PLAN PROVIDES NORTH CAROLINA PHYSICIANS WITH A VALUE-ADDED PLAN THAT IS STRAIGHTFORWARD AND SPECIFICALLY CUSTOMIZED TO MEET THEIR PRACTICE AND EMPLOYEES' NEEDS. AS THE ONLY STATEWIDE HEALTH BENEFITS PLAN DESIGNED EXCLUSIVELY FOR NORTH CAROLINA PHYSICIANS, THE NCMS PLAN OFFERS CHOICES THAT ARE UNIQUE TO THE MARKET.

Activities or mission (Part I)

THE TRUST IS A FUNDING MECHANISM FOR A MULTIPLE EMPLOYER WELFARE ARRANGEMENT. MEMBERS OF THE NORTH CAROLINA MEDICAL SOCIETY, THEIR EMPLOYEES, AND DEPEDENTS ARE ELIGIBLE TO ENROLL FOR THE HEALTH, DENTAL, AND LIFE BENEFITS OFFERED.

  • THE TRUST PROVIDES HEALTH, DENTAL, AND LIFE INSURANCE BENEFITS TO ELIGIBLE MEMBERS OF THE NORTH CAROLINA MEDICAL SOCIETY AND THEIR EMPLOYEES.

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Kenneth A Holt MD

    CHAIR

    Total calculated
    $5,000
    From this org
    $5,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • William Ingram III MD

    TRUSTEE

    Total calculated
    $2,000
    From this org
    $2,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Mary Ann Contagiannis MD

    TRUSTEE

    Total calculated
    $1,500
    From this org
    $1,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Sandy Cohen MD

    TRUSTEE (OUTGOING 2025)

    Total calculated
    $500
    From this org
    $500
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

  • CAROLINA EYE ASSOCIATES

    $50,000

    WELLNESS GRANT

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • NORTH CAROLINA MEDICAL SOCIETY

    501(C)(6) · TO ORGANIZE MEMBERS OF THE MEDICAL PROFESSION TO ADVANCE MEDICAL SCIENCE · NC

  • CAROLINAS PAIN INSTITUTE PA

  • DELANEY RADIOLOGISTS PA

  • INTEGRATIVE ARTHRITIS & PAIN CONSULTANTS

  • OCEANSIDE PEDIATRICS PA

  • RMZ ANESTHESIA SERVICES PA

  • WATAUGA RADIOLOGICAL SERVICES PA

  • WHITEVILLE EYE ASSOCIATES PA

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • AAA ALL AMERICAN ASSOCIATES IN FAMILY MEDICINE

  • ALLERGY & ASTHMA CARE OF BLAKENEY

  • ALLIANCE MEDICAL ASSOCIATES PLLC

  • APEX SKIN CENTER PLLC

  • BARIATRIC SPECIALISTS OF THE CAROLINAS

  • BLOOM PEDIATRIC PARTNERS PLLC

  • BROOKVIEW HILLS RESEARCH ASSOCIATES

  • BUGLISI EYE CARE PLLC

  • CAROLINA ATTENTION SPECIALISTS-CHARLOTTE PLLC

  • CAROLINA ATTENTION SPECIALISTS-GREENSBORO

  • CAROLINA INTERNAL MEDICINE AND PEDIATRICS

  • CARTERET MEDICAL SPECIALISTS PLLC

  • CHARLOTTE GASTROENTEROLOGY & HEPATOLOGY PLLC

  • CHATHAM PEDIATRICS

  • CHESTNUT FAMILY PRACTICE PLLC

  • COASTAL CAROLINA RADIATION ONCOLOGY

  • DOCTOR'S ADVICE PLLC

  • EASTERN CAROLINA GLAUCOMA AND VISION CENTER

  • FOOTHILLS FAMILY DERMATOLOGY PLLC

  • GREENSBORO OPHTHALMOLOGY ASC PLLC

  • GREENSBORO SPINE & SCOLIOSIS

  • INTEGRATED PAIN SOLUTIONS PLLC

  • INTEGRATIVE PSYCHIATRY & PSYCHOTHERAPY PLLC

  • KAARIAINEN MEDICAL SERVICES

  • MAHARAJ 1 LLC

  • MICHAEL GENTRY MD

  • MUSTARD SEED VENTURE PARTNERS LLC

  • NC PEDIATRIC ASSOCIATES

  • NORTH CAROLINA DERMATOLOGY ASSOCIATES PLLC

  • NORTH CHARLOTTE PSYCHIATRY

  • ODYSSEY PSYCHIATRY AND WELLNESS PLLC

  • ORTHOPAEDIC SPECIALISTS OF NC

  • PATRICK J MALONEY MD PLLC

  • PIERSON EMERGENCY SERVICES PLLC

  • PRESBYTERIAN PATHOLOGY GROUP

  • RADIATION ONCOLOGY CENTERS OF THE CAROLINAS INC

  • RALEIGH EYE AND FACE PLASTIC SURGERY

  • SAUCERMAN PLLC

  • SHANAHAN RHEUMATOLOGY & IMMUNOTHERAPY PLLC

  • SHEIKH INTERNAL MEDICINE PLLC

  • SPINE & PAIN ASSOCIATES PLLC

  • THE MEDICAL SPA PLLC

  • TOTAL WOMAN CARE LLC

  • VIEWMONT INTERNAL MEDICINE PLLC

  • VITALITY MEDICAL WELLNESS INSTITUTE PLLC

  • ZINGHER PSYCHIATRIC PLLC

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • ADULT INTERNAL MEDICINE PA

  • ADVANCED PELVIC SURGERY AND UROGYNECOLOGY

  • AGHA ARTHRITIS ASSOCIATES PA

  • ALACRITY PROFESSIONAL SERVICES

  • ALBEMARLE ALLERGY & ASTHMA PC

  • ALEXANDRA N POWELL MD PA

  • ALLEN ORTHOPEDICS

  • AMY BROOKS DDS MD PLLC

  • ANNEMARIE I RUSSELL MD

  • ASHEVILLE ARTHRITIS & OSTEOPOROSIS CENTER PA

  • ASHEVILLE EYE ASSOCIATES PLLC

  • ASHEVILLE PULMONARY & CRITICAL CARE ASSOCIATES PA

  • BEACHCARE URGENT AND FAMILY MEDICAL CENTER PLLC

  • BLUE RIDGE CARDIOLOGY & INTERNAL MEDICINE

  • BLUE RIDGE PATHOLOGY ASSOCIATES

  • BOONE DERMATOLOGY CLINIC PA

  • BOTROS & POLLOCK PA

  • BOYD GASQUE JR MD

  • BURLINGTON PEDIATRICS PA

  • CABARRUS PATHOLOGY ASSOCIATES PA

  • CALDWELL FAMILY PHYSICIANS & URGENT CARE INC

  • CAPITAL FAMILY MEDICINE PA

  • CAROLINA BREAST & ONCOLOGIC SURGERY PLLC

  • CAROLINA DERMATOLOGY & ENDOCRINOLOGY PA

  • CAROLINA EYE ASSOCIATES PA

  • CAROLINA INTERNAL MEDICINE ASSOCIATES PA

  • CAROLINA KIDNEY CARE PA

  • CAROLINA MOUNTAIN INTERNAL MEDICINE

  • CAROLINA PEDIATRICS OF THE TRIAD

  • CAROLINA REHAB CONSULTANTS

  • CAROLINA SPECIALTY CARE PA

  • CAROLINA VISION CENTER

  • CAROLINA WEST RADIOLOGY PA

  • CARY DERMATOLOGY CENTER

  • CARY PEDIATRIC CENTER PA

  • CATAWBA RADIOLOGICAL ASSOCIATES INC

  • CHARLES W JONES MD PA

  • CHARLOTTE DERMATOLOGY PA

  • CHERYL H YANUCK MD PC

  • CHRISTOPHER E LORD MD

  • CHRISTOPHER T COUGHLIN MD

  • COASTAL ARTHRITIS & RHEUMATISM

  • COASTAL DERMATOLOGY & SURGERY CENTER PA

  • COASTAL PATHOLOGY ASSOCIATES PA

  • COASTAL SURGICAL SPECIALISTS PA

  • COLEY COSMETIC & HAND SURGERY CENTER PA

  • CRAIG H STEFFEE MD

  • CROSSROADS FAMILY MEDICAL CARE PA

  • CRYSTAL COAST FAMILY PRACTICE PA

  • CUMMINGS PLASTIC SURGERY

  • CW WILLIAMS COMMUNITY HEALTH CENTER

  • DANIEL M RICCI MD PA

  • DAVIDSON SURGICAL ASSOCIATES

  • DAVIE DERMATOLOGY PA

  • DDB MEDICAL CONSULTANTS INC

  • DELANEY RADIOLOGISTS GROUP PLLC

  • DERMATOLOGY CARE OF CHARLOTTE PA

  • DERMATOLOGY CENTER OF SHELBY

  • DOCTOR G FAMILY MEDICAL SERVICES PC

  • DUDLEY'S PLACE INC

  • EASTERN CAROLINA PSYCHIATRIC SERVICES

  • EASTOVER PSYCHIATRIC GROUP PA

  • ELITE CARE OF FAYETTEVILLE

  • ENVISION BEHAVIORAL HEALTH

  • ERIN HOLLINGSWORTH STUBBS MD

  • ERNESTO JF GRAHAM MD

  • FAYETTEVILLE ANESTHESIA PA

  • FAYETTEVILLE PULMONOLOGY CRITICAL CARE

  • FERNCREEK CARDIOLOGY PA

  • FOUNDATION FOR HEALTH LEADERSHIP & INNOVATION

  • FRANKLIN FAMILY PRACTICE

  • GARNER INTERNAL MEDICINE PA

  • GASTON EYE ASSOCIATES LLP

  • GASTONIA PEDIATRIC ASSOCIATES PA

  • GASTROENTEROLOGY ASSOCIATES OF THE PIEDMONT

  • GAURANG PALIKH MD PC

  • GRACE HEMATOLOGY & ONCOLOGY

  • GRACE MEDICAL CLINICS PA

  • GREENVILLE EYE CLINIC INC

  • HARVEY KOHN MD FACOG

  • HAYWOOD PEDIATRIC & ADOLESCENT MEDICINE GROUP PA

  • HEART RHYTHM ASSOCIATES

  • HELPING HANDS CLINIC

  • HICKORY CHEST PLLC

  • HOPE PHYSICIANS

  • HOSPICE OF THE PIEDMONT INC

  • IAN PRATT MD

  • JAMES S PARSONS MD

  • JOHN L GREEN MD PLLC

  • LAKESHORE PEDIATRIC CENTER PA

  • LEGACY HEALTH PA

  • LELAND PEDIATRICS PC

  • LOOKING GLASS EYE CENTER PA

  • LORI BIRDSONG MD

  • LORIN ELAINE GUILLORY JOHNSON MD

  • LYNX RADIOLOGY PC

  • MANN EAR NOSE AND THROAT CLINIC

  • MANUEL CANTILLO

  • MECKLENBURG HEART SPECIALISTS PA

  • METRO INTERNAL MEDICINE PA

  • MID-ATLANTIC EMERGENCY MEDICAL ASSOCIATES PLLC

  • MIDTOWN DERMATOLOGY

  • MOUNTAIN EMERGENCY PHYSICIANS

  • MOUNTAIN PATHOLOGY SERVICES PA

  • NANCY C LEHMAN MD

  • NASH OBGYN ASSOCIATES PA

  • NELMS FAMILY & PREVENTIVE MEDICINE PA

  • NEUROLOGY & PAIN MANAGEMENT CENTER PLLC

  • NORTH CAROLINA MEDICAL SOCIETY

  • NORTH CAROLINA WEIGHT & WELLNESS

  • NORTH CHARLOTTE PLASTIC & RECONSTRUCTIVE SURGERY

  • NORTHEAST DIGESTIVE HEALTH CENTER

  • NORTHLAKE CHILDREN'S ASSOCIATES PA

  • ONSLOW OPHTHALMOLOGY PA

  • PATHOLOGY ASSOCIATES OF KINSTON

  • PAUL E VISER MD

  • PEDIATRIC UROLOGY ASSOCIATES

  • PERFORMANCE ORTHOPAEDIC SURGERY & SPORTS MEDICINE PA

  • PIEDMONT PLASTIC & ORAL SURGERY CENTER

  • PIEDMONT RADIATION ONCOLOGY

  • PIEDMONT TRIAD ANESTHESIA PA

  • PINEHURST NEPHROLOGY ASSOCIATES PC

  • PRIMARY HEALTH CHOICE INC

  • PRIMARY MEDICAL CARE

  • PRIMECARE PHYSICIANS PA

  • RALEIGH CAPITOL EAR NOSE AND THROAT

  • RALEIGH EMERGENCY MEDICINE ASSOCIATES

  • RALEIGH MEDICAL GROUP PA

  • RALEIGH PATHOLOGY LABORATORY ASSOCIATES

  • RALEIGH PEDIATRIC ASSOCIATES PA

  • RALEIGH PSYCHIATRIC ASSOCIATES PA

  • RALEIGH SKIN SURGERY CENTER PLLC

  • REGIONAL MEDICAL ASSOCIATES PLLC

  • REX PATHOLOGY ASSOCIATES PA

  • RHEMACARE INTERNAL MEDICINE INC

  • RICHARD M LEIGHTON DO

  • ROANOKE MEDICAL ASSOCIATES PA

  • ROBESON PEDIATRICS

  • ROSEDALE HEALTH & WELLNESS

  • SAI UROLOGY PA

  • SALISBURY INTERNAL MEDICINE ASSOCIATES

  • SANDYA THIMMAPPA MD

  • SCOTLAND DERMATOLOGY

  • SCOTLAND MEDICAL CENTER PA

  • SCOTT LURIE MD PA

  • SEAN WENTWORTH MD PLLC

  • SENIOR CARE SYSTEMS PA

  • SENTHIL SUNDARAM

  • SHELBY MEDICAL ASSOCIATES PA

  • SHUBI SHAHIDA MD PC

  • SINGLETON VISION CENTER

  • SMITHFIELD FAMILY PRACTICE PA

  • SOUTHEAST RADIATION ONCOLOGY GROUP

  • SPECTRUM MEDICAL GROUP PA

  • STAR MEDICAL CLINIC PLLC

  • SU WOOI TEOH MD PA

  • SURF PEDIATRICS AND MEDICINE PC

  • THE FAMILY HEALTH CENTERS PA

  • THE HANSELL CENTER FOR FUNCTIONAL MEDICINE PLLC

  • THE MENTAL HEALTH FUND

  • THE RALEIGH EYE CENTER

  • THE ZANNIS CENTER FOR PLASTIC SURGERY PA

  • THOMASVILLE ARCHDALE PEDIATRICS PLLC

  • TLK DERMATOLOGY PLLC

  • TRIAD RADIOLOGY PLLC

  • TRIANGLE DERMATOLOGY ASSOCIATES PA

  • TRIANGLE ENDOCRINOLOGY AND DIABETES CLINIC PA

  • TRIANGLE NEUROPSYCHIATRY PLLC

  • TRIANGLE PREMIER WOMEN'S HEALTH

  • TRIANGLE PRIMARY CARE ASSOCIATES

  • TYRRELL COUNTY RURAL HEALTH ASSOCIATION INC

  • UNIFOUR FAMILY PRACTICE

  • UROLOGY SPECIALISTS OF THE CAROLINAS

  • UWHARRIE REGIONAL PEDIATRICS

  • WALTON K JOYNER JR MD PA

  • WAYNE RADIOLOGISTS

  • WEST CARY FAMILY PHYSICIANS PLLC

  • WESTERN CAROLINA EYE ASSOCIATES PA

  • WESTERN CARTERET MEDICAL CENTER PLLC

  • WESTERN WAKE PEDIATRICS PA

  • WILMINGTON EAR NOSE & THROAT ASSOCIATES PA

  • WILSON FAMILY MEDICINE PA

Provenance

Return type
form_990
Tax year
2025
Filed
10 August 2026
IRS schema version
2025v4.2
Source object
202632229349300643

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.