- Revenue 2024
- $232,772,463
- Expenses 2024
- $234,114,213
As filed
- Subsection
- 06
- Classification
- 2000
- Street
- 751 CORPORATE CENTER DR
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 · 2024
Mission
IN 1969, THE NORTH CAROLINA GENERAL ASSEMBLY ESTABLISHED THE ASSOCIATION AS A MARKET OF LAST RESORT TO PROVIDE PROPERTY INSURANCE 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 2024 return. The filer continues this part on Schedule O, which is not shown here.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Allen HouckALLEN HOUCK
CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Eric HammonsERIC HAMMONS
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Jerry AchatzJERRY ACHATZ
BOARD MEMBER (FROM NOV '24)
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Tina ForsbergTINA FORSBERG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Chris FrisbieCHRIS FRISBIE
BOARD MEMBER (TO JAN '24)
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Alex GarateALEX GARATE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Steve HallSTEVE HALL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Patrick JoycePATRICK JOYCE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Hope KornegayHOPE KORNEGAY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Brad LovinBRAD LOVIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Sarah MaestreSARAH MAESTRE
BOARD MEMBER (FROM (FROM JAN '24)
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
John MilettiJOHN MILETTI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Jarette SampsonJARETTE SAMPSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Eric VaithERIC VAITH
BOARD MEMBER (TO NOV '24)
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Reginald WrightREGINALD WRIGHT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Robert YanceyROBERT YANCEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Dianne HardyDIANNE HARDY
CHIEF EXECUTIVE OFFICER
- Total calculated
- $614,392
- From this org
- $568,283
- From related orgs
- $0
- Other
- $46,109
- Hours/week
- 18.75 + 18.75 related
Schedule J breakdown matched by us
- Base
- $497,273
- Bonus
- $70,000
- Other
- $1,010
- Deferred
- $20,700
- Nontaxable benefits
- $25,409
- Filer's total
- $614,392
-
Alvin AshworthALVIN ASHWORTH
CHIEF OPERATING OFFICER
- Total calculated
- $473,120
- From this org
- $422,335
- From related orgs
- $0
- Other
- $50,785
- Hours/week
- 18.75 + 18.75 related
Schedule J breakdown matched by us
- Base
- $353,047
- Bonus
- $67,518
- Other
- $1,770
- Deferred
- $20,700
- Nontaxable benefits
- $30,085
- Filer's total
- $473,120
-
Sarah MooreSARAH MOORE
CHIEF FINANCIAL OFFICER
- Total calculated
- $268,832
- From this org
- $230,158
- From related orgs
- $0
- Other
- $38,674
- Hours/week
- 18.75 + 18.75 related
Schedule J breakdown matched by us
- Base
- $184,774
- Bonus
- $44,257
- Other
- $1,127
- Deferred
- $14,339
- Nontaxable benefits
- $24,335
- Filer's total
- $268,832
-
Robert EadesROBERT EADES
CHIEF CLAIMS OFFICER
- Total calculated
- $369,580
- From this org
- $319,337
- From related orgs
- $0
- Other
- $50,243
- Hours/week
- 18.75 + 18.75 related
Schedule J breakdown matched by us
- Base
- $272,736
- Bonus
- $45,591
- Other
- $1,010
- Deferred
- $17,909
- Nontaxable benefits
- $32,334
- Filer's total
- $369,580
-
Tekeela BarnesTEKEELA BARNES
CHIEF INFORMATION OFFICER
- Total calculated
- $330,655
- From this org
- $282,847
- From related orgs
- $0
- Other
- $47,808
- Hours/week
- 18.75 + 18.75 related
Schedule J breakdown matched by us
- Base
- $236,664
- Bonus
- $45,173
- Other
- $1,010
- Deferred
- $17,184
- Nontaxable benefits
- $30,624
- Filer's total
- $330,655
-
Sonya ChampionSONYA CHAMPION
CHIEF HUMAN RESOURCES OFFICER
- Total calculated
- $310,943
- From this org
- $278,925
- From related orgs
- $0
- Other
- $32,018
- Hours/week
- 18.75 + 18.75 related
Schedule J breakdown matched by us
- Base
- $232,011
- Bonus
- $45,144
- Other
- $1,770
- Deferred
- $16,825
- Nontaxable benefits
- $15,193
- Filer's total
- $310,943
-
Mick QuinlanMICK QUINLAN
DIRECTOR OF IT
- Total calculated
- $299,703
- From this org
- $259,849
- From related orgs
- $0
- Other
- $39,854
- Hours/week
- 18.75 + 18.75 related
Schedule J breakdown matched by us
- Base
- $228,536
- Bonus
- $29,543
- Other
- $1,770
- Deferred
- $14,535
- Nontaxable benefits
- $25,319
- Filer's total
- $299,703
-
Vicki FisherVICKI FISHER
DIRECTOR OF CLAIMS
- Total calculated
- $273,658
- From this org
- $247,759
- From related orgs
- $0
- Other
- $25,899
- Hours/week
- 18.75 + 18.75 related
Schedule J breakdown matched by us
- Base
- $212,360
- Bonus
- $34,389
- Other
- $1,010
- Deferred
- $10,801
- Nontaxable benefits
- $15,098
- Filer's total
- $273,658
-
Vita WootenVITA WOOTEN
DIRECTOR OF UNDERWRITING
- Total calculated
- $249,558
- From this org
- $211,255
- From related orgs
- $0
- Other
- $38,303
- Hours/week
- 18.75 + 18.75 related
Schedule J breakdown matched by us
- Base
- $181,250
- Bonus
- $28,615
- Other
- $1,390
- Deferred
- $8,161
- Nontaxable benefits
- $30,142
- Filer's total
- $249,558
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
-
2024
- Revenue
- $232,772,463
- Expenses
- $234,114,213
- Contributions
- $0
- Grants paid
- $0
-
2023
- Revenue
- $165,509,271
- Expenses
- $158,154,651
- Contributions
- $0
- Grants paid
- $0
-
2022
- Revenue
- $130,581,422
- Expenses
- $134,189,979
- Contributions
- $0
- Grants paid
- $0
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
- $111,313,450
- Expenses
- $109,911,248
- Assets (EOY)
- $120,203,040
-
2020 · 990
- Revenue
- $98,575,626
- Expenses
- $113,567,817
- Assets (EOY)
- $105,543,148
-
2019 · 990
- Revenue
- $89,250,714
- Expenses
- $99,132,317
- Assets (EOY)
- $105,034,313
-
2018 · 990
- Revenue
- $83,659,520
- Expenses
- $204,319,889
- Assets (EOY)
- $82,450,648
-
2017 · 990
- Revenue
- $75,546,965
- Expenses
- $62,816,718
- Assets (EOY)
- $82,952,135
-
2016 · 990
- Revenue
- $69,082,953
- Expenses
- $96,705,188
- Assets (EOY)
- $86,064,283
-
2015 · 990
- Revenue
- $60,140,249
- Expenses
- $51,911,888
- Assets (EOY)
- $74,551,718
-
2014 · 990
- Revenue
- $45,912,149
- Expenses
- $48,544,451
- Assets (EOY)
- $61,043,793
-
2013 · 990
- Revenue
- $36,545,545
- Expenses
- $33,744,350
- Assets (EOY)
- $54,496,263
-
2011 · 990
- Revenue
- not reported
- Expenses
- $17,298,426
- Assets (EOY)
- $23,597,718
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 2024 return
-
NORTH CAROLINA INSURANCE UNDERWRITING ASSOCIATION
501(C)(6) · INSURANCE · NC
Declared as related by
-
On its 2025 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 2024, the newest we have parsed for this organization.