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Nonprofiteer
← DELTA DENTAL OF NORTH CAROLINA

Form 990 for tax year 2023

Filed by DELTA DENTAL OF NORTH CAROLINA.

Totals

Total revenue
$152,325,222
Total expenses
$154,619,273
Contributions and grants received
$0
Grants paid
$40,000
Program service revenue
$152,100,380
Investment income
$205,295
Other revenue
$19,547
Total assets, end of year
$46,454,268
Total liabilities, end of year
$19,990,210
Net assets or fund balances, end of year
$26,464,058
Program services expenses (Part IX)
$144,637,280
Management and general expenses
$9,981,993
Fundraising expenses
$0
Program service expenses (Part III)
$144,637,280

Program services were 93.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

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: DENTAL CARE REVENUE

    total $151,731,438 · related or exempt $151,731,438

  • 2b · Program service revenue: VISION CARE REVENUE

    total $368,942 · unrelated business $368,942

  • 3 · Investment income

    total $1,320,630 · excluded $1,320,630

  • 7a · Gross sales of assets other than inventory

    securities $21,099,501 · other assets $4,803

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

    securities $22,202,258 · other assets $17,381

  • 7c · Gain or loss

    securities -$1,102,757 · other assets -$12,578

  • 7d · Net gain or loss

    total -$1,115,335 · excluded -$1,115,335

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $19,547 · related or exempt $19,547

  • 11e · Other revenue, total

    $19,547

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $40,000 · program services $40,000

  • 5 · Compensation of officers, directors and key employees

    total $2,329,948 · program services $1,514,466 · management and general $815,482

  • 7 · Other salaries and wages

    total $3,470,218 · program services $1,731,601 · management and general $1,738,617

  • 8 · Pension plan contributions

    total $146,108 · program services $72,770 · management and general $73,338

  • 9 · Other employee benefits

    total $606,482 · program services $272,182 · management and general $334,300

  • 10 · Payroll taxes

    total $308,153 · program services $149,623 · management and general $158,530

  • 11a · Fees: management

    total $460,674 · program services $94,932 · management and general $365,742

  • 11b · Fees: legal

    total $616,944 · management and general $616,944

  • 11c · Fees: accounting

    total $76,971 · management and general $76,971

  • 11f · Fees: investment management

    total $71,680 · management and general $71,680

  • 11g · Fees: other

    total $124,387,246 · program services $122,092,112 · management and general $2,295,134

  • 12 · Advertising and promotion

    total $558,426 · management and general $558,426

  • 13 · Office expenses

    total $1,588,773 · program services $28,388 · management and general $1,560,385

  • 14 · Information technology

    total $622,267 · program services $59,457 · management and general $562,810

  • 16 · Occupancy

    total $313,118 · program services $384 · management and general $312,734

  • 17 · Travel

    total $264,934 · program services $155,025 · management and general $109,909

  • 19 · Conferences, conventions and meetings

    total $30,132 · program services $9,492 · management and general $20,640

  • 22 · Depreciation, depletion and amortization

    total $89,482 · program services $22,449 · management and general $67,033

  • 23 · Insurance

    total $39,716 · management and general $39,716

  • 24a · Other expenses: COMMISSION

    total $7,793,123 · program services $7,793,123

  • 24b · Other expenses: PROCESSING FEES

    total $7,064,919 · program services $7,064,919

  • 24c · Other expenses: PREMIUM TAX

    total $2,877,210 · program services $2,855,519 · management and general $21,691

  • 24d · Other expenses: TAXES, FEES & LICENSES

    total $783,794 · program services $601,883 · management and general $181,911

  • 24e · All other expenses

    total $78,955 · program services $78,955

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $12,836,790 · end of year $945,869

  • 4 · Accounts receivable

    beginning of year $9,831,773 · end of year $13,385,739

  • 9 · Prepaid expenses and deferred charges

    beginning of year $855,103 · end of year $922,676

  • 10a · Land, buildings and equipment: cost or other basis

    $906,602

  • 10b · Land, buildings and equipment: accumulated depreciation

    $114,518

  • 10c · Land, buildings and equipment, net

    beginning of year $95,455 · end of year $792,084

  • 11 · Investments: publicly traded securities

    beginning of year $15,304,658 · end of year $26,117,019

  • 15 · Other assets

    beginning of year $594,162 · end of year $4,290,881

  • 17 · Accounts payable and accrued expenses

    beginning of year $9,175,515 · end of year $10,292,883

  • 19 · Deferred revenue

    beginning of year $2,058,359 · end of year $2,442,504

  • 25 · Other liabilities

    beginning of year $1,655,011 · end of year $7,254,823

  • 27 · Net assets without donor restrictions

    beginning of year $26,629,056 · end of year $26,464,058

Mission and programs · 2023

Mission

SEE SCHEDULE ODELTA DENTAL OF NORTH CAROLINA'S MISSION IS TO ADVANCE AND PROMOTE THE IMPROVEMENT OF ORAL HEALTH THROUGH PREPAID DENTAL SERVICES, SUPPORT FOR RESEARCH AND EDUCATION, AND COMMUNITY OUTREACH DIRECTED TOWARD SECURING ACCESS TO QUALITY DENTAL CARE FOR ALL.

Activities or mission (Part I)

DELTA DENTAL OF NORTH CAROLINA'S MISSION IS TO ADVANCE AND PROMOTE THE IMPROVEMENT OF ORAL HEALTH THROUGH PREPAID DENTAL SERVICES, SUPPORT FOR RESEARCH AND EDUCATION, AND COMMUNITY OUTREACH DIRECTED TOWARD SECURING ACCESS TO QUALITY DENTAL CARE FOR ALL.

  • PROMOTING DENTAL CARE:DELTA DENTAL OF NORTH CAROLINA IS A LEADING GROUP DENTAL BENEFITS PROVIDER. THE PURPOSE OF THE ORGANIZATION IS TO ADVANCE AND PROMOTE THE IMPROVEMENT OF ORAL HEALTH. THIS IS DONE BY OFFERING INNOVATIVE, COST-EFFECTIVE PRODUCTS THAT MEET THE NEEDS OF CUSTOMERS. THIS WAS DEMONSTRATED IN 2023 BY PAYING OUT OVER $118 MILLION IN CLAIMS AND BY PROVIDING DENTAL BENEFITS FOR THE PUBLIC AND ADVANCING THE SCIENCE OF DENTISTRY. IN ADDITION, OVER 1.8 MILLION CLAIMS WERE PROCESSED FOR OVER 1 MILLION MEMBERS. SEE SCHEDULE O FOR CONTINUATIONCOST SAVING STRATEGIES:DELTA DENTAL BENEFIT PLANS ARE COMMITTED TO SAVING GROUPS AND MEMBERS MONEY. THE DELTA DIFFERENCE IS AN INTEGRATION OF ACTIVITIES SUCH AS COST MANAGEMENT POLICIES, FEE REDUCTION AGREEMENTS WITH DENTISTS, AND ANTI-FRAUD PROGRAMS, ALL OF WHICH ENSURE QUALITY, COST-EFFECTIVE DENTAL BENEFIT DELIVERY. COMMITMENT TO THE COMMUNITY:THE DELTA DENTAL FUND, THE COMPANY'S PHILANTHROPIC AFFILIATE, ENCOURAGES ADVANCES IN DENTISTRY AND SUPPORTS DENTAL EDUCATION AND RESEARCH. IN 2023, DELTA DENTAL FUND CONTRIBUTED OVER $314,000 TO ORGANIZATIONS IN NORTH CAROLINA TO SUPPORT THESE CAUSES. UNEQUALED ACCESS TO DENTISTS:FOR FIVE DECADES, DELTA DENTAL HAS HELPED PROMOTE ORAL HEALTH BY DESIGNING AND ADMINISTERING INNOVATIVE, COST-EFFECTIVE DENTAL BENEFIT PROGRAMS. EXPERTS AT PLAN DESIGN, DELTA DENTAL HAS CREATED DENTAL BENEFIT PROGRAMS THAT MEET CUSTOMER COST-OBJECTIVES WHILE HELPING TO IMPROVE AND MAINTAIN ORAL HEALTH.OUR LONG STANDING RELATIONSHIPS WITH PROVIDERS IN THE COMMUNITIES WE SERVE ALLOW US TO MAINTAIN LARGE NETWORKS, ALLOWING BROAD ACCESS FOR MEMBERS AND COST-EFFECTIVE CARE. DELTA DENTAL'S GROUP MEMBERS ARE AFFORDED ADDED PROTECTION BECAUSE THEY GUARANTEE THAT PARTICIPATING DENTISTS WILL ACCEPT THEIR PAYMENT FOR COVERED SERVICES AND NO CHARGE, OTHER THAN CO-PAYMENTS AND DEDUCTIBLES ARE BILLED BACK TO THE MEMBER. THIS LOWERS CLAIM COSTS FOR CUSTOMERS AND REDUCES OUT-OF-POCKET COSTS FOR SUBSCRIBERS.WITH TWO NETWORKS OF FULL-TIME PARTICIPATING DENTISTS IN ONE INTEGRATED CLAIMS SYSTEM, DELTA DENTAL CAN DELIVER TO CUSTOMERS AND GROUP MEMBERS BROAD ACCESS TO CARE.

    Expenses $144,637,280 · Grants $40,000 · Revenue $151,750,985

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • James R Rose Jr

    CHAIR

    Total calculated
    $61,996
    From this org
    $37,000
    From related orgs
    $24,996
    Other
    $0
    Hours/week
    2 + 5 related

  • Moira S Locascio

    IMMEDIATE PAST CHAIR

    Total calculated
    $32,000
    From this org
    $32,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Sheila Ahler CPA

    SECRETARY & TREASURER

    Total calculated
    $33,000
    From this org
    $33,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Courtney Crowder

    VICE CHAIR

    Total calculated
    $32,000
    From this org
    $32,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Stewart D Holmes

    DIRECTOR

    Total calculated
    $29,000
    From this org
    $29,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Claire B Niver

    DIRECTOR

    Total calculated
    $29,000
    From this org
    $29,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Leah Devlin DDS MPH

    DIRECTOR

    Total calculated
    $29,000
    From this org
    $29,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Rajesh Manickam Pharmd

    DIRECTOR

    Total calculated
    $29,000
    From this org
    $29,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Kara M Henderson DDS

    DIRECTOR

    Total calculated
    $29,000
    From this org
    $29,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Amy L Basel

    CHIEF FINANCIAL OFFICER

    Total calculated
    $3,025,568
    From this org
    $0
    From related orgs
    $2,381,009
    Other
    $644,559
    Hours/week
    5 + 45 related

    Schedule J breakdown matched by us

    Base
    $0 + $528,195 related
    Bonus
    $0 + $886,909 related
    Other
    $0 + $965,905 related
    Deferred
    $0 + $619,300 related
    Nontaxable benefits
    $0 + $25,259 related
    Filer's total
    $0 + $3,025,568 related

  • Curt R Ladig

    PRESIDENT & CEO

    Total calculated
    $1,320,018
    From this org
    $1,209,017
    From related orgs
    $0
    Other
    $111,001
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $758,025
    Bonus
    $335,701
    Other
    $115,291
    Deferred
    $101,000
    Nontaxable benefits
    $10,001
    Filer's total
    $1,320,018

  • Deborah Jones

    SVP & CHIEF SALES OFFICER

    Total calculated
    $418,580
    From this org
    $382,624
    From related orgs
    $0
    Other
    $35,956
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $180,546
    Bonus
    $196,930
    Other
    $5,148
    Deferred
    $16,000
    Nontaxable benefits
    $19,956
    Filer's total
    $418,580

  • Marirose Steigerwald

    SVP & CAO

    Total calculated
    $361,590
    From this org
    $325,798
    From related orgs
    $0
    Other
    $35,792
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $242,267
    Bonus
    $80,000
    Other
    $3,531
    Deferred
    $15,836
    Nontaxable benefits
    $19,956
    Filer's total
    $361,590

  • John Peattie

    ACCOUNT EXECUTIVE

    Total calculated
    $351,935
    From this org
    $305,571
    From related orgs
    $0
    Other
    $46,364
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $80,177
    Bonus
    $224,614
    Other
    $780
    Deferred
    $15,457
    Nontaxable benefits
    $30,907
    Filer's total
    $351,935

  • Heather Picciotti

    DIRECTOR, CLIENT MGT

    Total calculated
    $240,421
    From this org
    $198,774
    From related orgs
    $0
    Other
    $41,647
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $101,213
    Bonus
    $96,326
    Other
    $1,235
    Deferred
    $10,740
    Nontaxable benefits
    $30,907
    Filer's total
    $240,421

  • Jim Couch

    VP, GENERAL COUNSEL

    Total calculated
    $341,180
    From this org
    $304,870
    From related orgs
    $0
    Other
    $36,310
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $255,293
    Bonus
    $46,145
    Other
    $3,432
    Deferred
    $9,265
    Nontaxable benefits
    $27,045
    Filer's total
    $341,180

  • Denise Powell

    ACCOUNT EXECUTIVE

    Total calculated
    $209,559
    From this org
    $190,306
    From related orgs
    $0
    Other
    $19,253
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $67,662
    Bonus
    $118,605
    Other
    $4,039
    Deferred
    $9,252
    Nontaxable benefits
    $10,001
    Filer's total
    $209,559

  • Elaine Loyack

    VP, COMMUNITY ENGAGEMENT

    Total calculated
    $230,125
    From this org
    $193,217
    From related orgs
    $0
    Other
    $36,908
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $161,756
    Bonus
    $30,000
    Other
    $1,461
    Deferred
    $6,001
    Nontaxable benefits
    $30,907
    Filer's total
    $230,125

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Travel for companions
  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
TRAVEL MAY BE AVAILABLE TO SPOUSES ON OCCASION AND WOULD BE TREATED AS TAXABLE INCOME TO THE BOARD MEMBER OR EMPLOYEE AS APPROPRIATE. THE CEO IS ELIGIBLE FOR REIMBURSEMENT OF SUBSTANTIATED HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES THAT HAVE A BUSINESS PURPOSE. THIS BENEFIT IS NOT TAXABLE BUT THE EXPENSES MUST BE SUBSTANTIATED AS A BUSINESS EXPENSE.
PART I, LINE 4B
A RELATED ORGANIZATION, DELTA DENTAL PLAN OF MICHIGAN, HAS A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP). IN ORDER TO BE ELIGIBLE FOR THE SERP, AN EMPLOYEE MUST BE AN EXECUTIVE VICE PRESIDENT OR HIGHER AND ADDED TO THE PLAN BY THE BOARD OF DIRECTORS. THE SERP BENEFITS ARE REVIEWED AS PART OF THE TOTAL COMPENSATION BY AN INDEPENDENT CONSULTANT; TOWERS WATSON. IN 2023, AMY BASEL ACCRUED BENEFITS AS A PARTICIPANT IN THE SERP PLAN. AMY BASEL BECAME VESTED IN A PORTION OF HER ACCRUED BENEFITS AND, AS REQUIRED BY THE IRS, THE VESTED PORTION WAS TREATED AS TAXABLE WAGES DURING 2023. THESE WAGES WERE ALSO REPORTED ON SCHEDULE J AS COMPENSATION THAT HAS BEEN REPORTED AS DEFERRED ON PRIOR FORM 990S. IN 2023, CURT LADIG ACCRUED BENEFITS AS A PARTICIPANT IN THE SERP PLAN. CURT LADIG BECAME VESTED IN A PORTION OF HIS ACCRUED BENEFITS AND, AS REQUIRED BY THE IRS, THE VESTED PORTION WAS TREATED AS TAXABLE WAGES DURING 2023. EFFECTIVE SEPTEMBER 1, 2020, A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN UNDER SEC. 457(F) IS MAINTAINED BY THE ORGANIZATION FOR CERTAIN EXECUTIVE EMPLOYEES. UPON SEVERANCE FROM SERVICE PRIOR TO ATTAINMENT OF NORMAL RETIREMENT AGE, THE PARTICIPANT SHALL FORFEIT INELIGIBLE AMOUNTS IN THE PLAN UNLESS SUCH SEVERANCE IS DUE TO DEATH, DISABILITY, INVOLUNTARY TERMINATION WITHOUT CAUSE, OR A SEVERANCE FROM EMPLOYMENT FOR GOOD REASON. IN 2023, CURTIS LADIG ACCRUED BENEFITS AS A PARTICIPANT IN THE PLAN, BUT DID NOT RECEIVE A DISTRIBUTION.
PART I, LINE 7
AS INDICATED IN SCHEDULE J, PART II, TOP MANAGEMENT OFFICIALS RECEIVED A BONUS BASED ON INDIVIDUAL PERFORMANCE IN ACCORDANCE WITH INCENTIVE PLAN GOALS OF THE ORGANIZATION. THE BONUS FOR THE CEO IS APPROVED BY THE BOARD OF DIRECTORS, THE REMAINING EMPLOYEES' BONUSES ARE APPROVED BY THE CEO IN ACCORDANCE WITH THE COMPENSATION POLICY THAT HAS BEEN APPROVED BY THE BOARD OF DIRECTORS.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

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.

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.

  • RED CEDAR INVESTMENT MANAGEMENT LLC

    CAPITAL MANAGEMENT · MI

  • T4G MANAGEMENT LLC

    FINANCIAL PLANNING · MI

  • T4G FINANCIAL SERVICES LLC

    FINANCIAL PLANNING · MI

  • ARCIS FUND I LLC

    INVESTMENTS · MI

Related corporations and trusts

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

  • RENAISSANCE HOLDING COMPANY

    C · HOLDING COMPANY · MI

  • RENAISSANCE LIFE & HEALTH INSURANCE COMPANY OF AMERICA

    C · INSURANCE · IN

  • RENAISSANCE LIFE & HEALTH INSURANCE COMPANY OF NEW YORK

    C · INSURANCE · NY

  • FORE HOLDING CORPORATION

    C · EMPLOYEE BENEFITS · TN

  • DENTAL CHOICE INC

    C · PROVIDE DENTAL SERVICE PLANS · KY

  • DENTAL CHOICE AGENCY INC

    C · PRIMARY GENERAL AGENCY FOR DDKY & DENTAL CHOICE · KY

  • OMEGA ADMINISTRATORS INC

    C · PROVIDING THIRD-PARTY ADMINISTRATIVE SERVICES · AR

  • THE 4100 GROUP

    C · INVESTMENT IN SUBSIDIARIES · MI

  • DENTAL CHOICE ANCILLARY INC

    C · PROVIDE DENTAL SERVICE PLANS · KY

  • ANCILLARY CHOICE LIFE INC

    C · INSURANCE · KY

  • DYNTL INC

    C · DENTAL SERVICE · TN

Provenance

Return type
form_990
Tax year
2023
Filed
11 November 2024
IRS schema version
2023v5.1
Source object
202413189349308676

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