- Revenue 2025
- $673,514,463
- Expenses 2025
- $320,384,889
As filed
- Subsection
- 06
- Classification
- 2000
- Street
- 751 CORPORATE CENTER DR STE 200
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2025
Mission
IN 1969, THE NORTH CAROLINA GENERAL ASSEMBLY ESTABLISHED THE ASSOCIATION AS A MARKET OF LAST RESORT TO PROVIDE PROPERTY INSURANCE IN THE BEACH AND COASTAL AREAS OF NORTH CAROLINA FOR INDIVIDUALS AND BUSINESSES WHO ARE UNABLE TO BUY IT IN THE STANDARD INSURANCE MARKET. ALL PROPERTY AND CASUALTY INSURANCE COMPANIES DOING BUSINESS IN NORTH CAROLINA ARE REQUIRED BY STATUTE TO PARTICIPATE IN FUNDING THE OPERATIONS OF THE ASSOCIATION, AND THEY SHARE IN ITS LOSSES ON PRO RATA BASIS. THE ASSOCIATION IS NOT AN AGENCY OF THE STATE GOVERNMENT, BUT ITS REGULATED BY THE NORTH CAROLINA COMMISSIONER OF INSURANCE.
-
CONDUCT BUSINESS BY PROVIDING PROPERTY INSURANCE TO INDIVIDUALS AND BUSINESSES WHO WERE UNABLE TO BUY IT IN THE STANDARD MARKET.
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Officers and directors · 2025
As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Eric HammonsERIC HAMMONS
CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Allen HouckALLEN HOUCK
CHAIR (TO NOV '25)/BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Steve HallSTEVE HALL
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Jerry AchatzJERRY ACHATZ
BOARD MEMBER (TO NOV '25)
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Royce BennettROYCE BENNETT
BOARD MEMBER (FROM NOV '25)
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Laura BuntsLAURA BUNTS
BOARD MEMBER (FROM NOV '25)
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Rod EvansROD EVANS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Alex GarateALEX GARATE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Charlotte HicksCHARLOTTE HICKS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Donald HornsteinDONALD HORNSTEIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Bill LongBILL LONG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Sarah MaestreSARAH MAESTRE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
John MilettiJOHN MILETTI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Becky PollardBECKY POLLARD
BOARD MEMBER (TO NOV '25)
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Franklin RouseFRANKLIN ROUSE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Steve SmithSTEVE SMITH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Dianne HardyDIANNE HARDY
CHIEF EXECUTIVE OFFICER
- Total calculated
- $701,691
- From this org
- $0
- From related orgs
- $643,820
- Other
- $57,871
- Hours/week
- 18.75 + 18.75 related
Schedule J breakdown matched by us
- Base
- $0 + $542,810 related
- Bonus
- $0 + $100,000 related
- Other
- $0 + $1,010 related
- Deferred
- $0 + $37,399 related
- Nontaxable benefits
- $0 + $20,472 related
- Filer's total
- $0 + $701,691 related
-
Alvin AshworthALVIN ASHWORTH
CHIEF OPERATING OFFICER
- Total calculated
- $531,419
- From this org
- $0
- From related orgs
- $474,086
- Other
- $57,333
- Hours/week
- 18.75 + 18.75 related
Schedule J breakdown matched by us
- Base
- $0 + $389,309 related
- Bonus
- $0 + $83,007 related
- Other
- $0 + $1,770 related
- Deferred
- $0 + $33,075 related
- Nontaxable benefits
- $0 + $24,258 related
- Filer's total
- $0 + $531,419 related
-
Sarah MooreSARAH MOORE
CHIEF FINANCIAL OFFICER
- Total calculated
- $312,240
- From this org
- $0
- From related orgs
- $269,181
- Other
- $43,059
- Hours/week
- 18.75 + 18.75 related
Schedule J breakdown matched by us
- Base
- $0 + $213,193 related
- Bonus
- $0 + $54,598 related
- Other
- $0 + $1,390 related
- Deferred
- $0 + $23,497 related
- Nontaxable benefits
- $0 + $19,562 related
- Filer's total
- $0 + $312,240 related
-
Robert EadesROBERT EADES
CHIEF CLAIMS OFFICER
- Total calculated
- $390,558
- From this org
- $0
- From related orgs
- $337,116
- Other
- $53,442
- Hours/week
- 18.75 + 18.75 related
Schedule J breakdown matched by us
- Base
- $0 + $290,249 related
- Bonus
- $0 + $45,857 related
- Other
- $0 + $1,010 related
- Deferred
- $0 + $27,013 related
- Nontaxable benefits
- $0 + $26,429 related
- Filer's total
- $0 + $390,558 related
-
Sonya ChampionSONYA CHAMPION
CHIEF HUMAN RESOURCES OFFICER
- Total calculated
- $363,849
- From this org
- $0
- From related orgs
- $323,734
- Other
- $40,115
- Hours/week
- 18.75 + 18.75 related
Schedule J breakdown matched by us
- Base
- $0 + $266,486 related
- Bonus
- $0 + $55,478 related
- Other
- $0 + $1,770 related
- Deferred
- $0 + $27,703 related
- Nontaxable benefits
- $0 + $12,412 related
- Filer's total
- $0 + $363,849 related
-
Tekeela BarnesTEKEELA BARNES
CHIEF INFORMATION OFFICER
- Total calculated
- $365,207
- From this org
- $0
- From related orgs
- $317,529
- Other
- $47,678
- Hours/week
- 18.75 + 18.75 related
Schedule J breakdown matched by us
- Base
- $0 + $270,645 related
- Bonus
- $0 + $45,874 related
- Other
- $0 + $1,010 related
- Deferred
- $0 + $22,651 related
- Nontaxable benefits
- $0 + $25,027 related
- Filer's total
- $0 + $365,207 related
-
Vicki FisherVICKI FISHER
DIRECTOR OF CLAIMS
- Total calculated
- $299,173
- From this org
- $0
- From related orgs
- $269,007
- Other
- $30,166
- Hours/week
- 18.75 + 18.75 related
Schedule J breakdown matched by us
- Base
- $0 + $228,301 related
- Bonus
- $0 + $39,696 related
- Other
- $0 + $1,010 related
- Deferred
- $0 + $17,863 related
- Nontaxable benefits
- $0 + $12,303 related
- Filer's total
- $0 + $299,173 related
-
Mick QuinlanMICK QUINLAN
DIRECTOR OF IT
- Total calculated
- $294,209
- From this org
- $0
- From related orgs
- $241,443
- Other
- $52,766
- Hours/week
- 18.75 + 18.75 related
Schedule J breakdown matched by us
- Base
- $0 + $234,993 related
- Bonus
- $0 + $4,680 related
- Other
- $0 + $1,770 related
- Deferred
- $0 + $19,278 related
- Nontaxable benefits
- $0 + $33,488 related
- Filer's total
- $0 + $294,209 related
-
Vita WootenVITA WOOTEN
DIRECTOR OF UNDERWRITING
- Total calculated
- $261,016
- From this org
- $0
- From related orgs
- $222,394
- Other
- $38,622
- Hours/week
- 18.75 + 18.75 related
Schedule J breakdown matched by us
- Base
- $0 + $192,208 related
- Bonus
- $0 + $28,796 related
- Other
- $0 + $1,390 related
- Deferred
- $0 + $14,233 related
- Nontaxable benefits
- $0 + $24,389 related
- Filer's total
- $0 + $261,016 related
The first 25 listed. 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. Earlier years are each on their own filing page.
Filings
-
2025
- Revenue
- $673,514,463
- Expenses
- $320,384,889
- Contributions
- $0
- Grants paid
- $30,818,006
-
2024
- Revenue
- $570,779,362
- Expenses
- $316,794,661
- Contributions
- $0
- Grants paid
- $15,207,975
-
2023
- Revenue
- $446,830,243
- Expenses
- $244,465,418
- Contributions
- $0
- Grants paid
- $12,935,601
-
2022
- Revenue
- $357,797,739
- Expenses
- $184,740,119
- Contributions
- $0
- Grants paid
- $10,585,758
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $314,057,800
- Expenses
- $164,666,796
- Assets (EOY)
- $1,027,510,560
-
2020 · 990
- Revenue
- $279,001,377
- Expenses
- $202,513,546
- Assets (EOY)
- $878,002,625
-
2019 · 990
- Revenue
- $281,482,867
- Expenses
- $367,397,328
- Assets (EOY)
- $851,036,289
-
2018 · 990
- Revenue
- $349,643,486
- Expenses
- $1,312,128,310
- Assets (EOY)
- $1,064,688,165
-
2017 · 990
- Revenue
- $337,063,764
- Expenses
- $90,730,088
- Assets (EOY)
- $1,751,460,368
-
2016 · 990
- Revenue
- $311,782,864
- Expenses
- $166,051,229
- Assets (EOY)
- $1,543,383,621
-
2015 · 990
- Revenue
- $287,644,574
- Expenses
- $94,743,293
- Assets (EOY)
- $1,384,678,526
-
2014 · 990
- Revenue
- $253,399,904
- Expenses
- $115,842,640
- Assets (EOY)
- $1,210,197,349
-
2013 · 990
- Revenue
- $197,422,735
- Expenses
- $91,870,202
- Assets (EOY)
- $1,065,562,770
-
2011 · 990
- Revenue
- not reported
- Expenses
- $50,534,712
- Assets (EOY)
- $971,253,201
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.
Grants received
No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2025 return
-
NORTH CAROLINA JOINT UNDERWRITING ASSOCIATION
501(C)(6) · INSURANCE · NC
Declared as related by
-
NORTH CAROLINA JOINT UNDERWRITING ASSOCIATION
On its 2024 return
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Not present in the most recent drop.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.