North Carolina Insurance

Raleigh, NC
Tax-exempt since April 1971
EIN: 23-7102759

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Type of Nonprofit

Designated as a 501(c)(6) Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Revenue

$447M (2023)

Expenses

$244M (2023)

Total Assets

$1.52B (2023)

Total Liabilities

$397M (2023)

Years with multiple filings

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$446,830,243

Expenses

$244,465,418

Net Income

$202,364,825

Net Assets

$1,119,270,786

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$411,246,088	92.0%
Investment Income	$35,231,234	7.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$352,921	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$669,084	0.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$5,483,380	2.2%

Assets/Debt
Total Assets	$1,516,384,288
Total Liabilities	$397,113,502
Net Assets	$1,119,270,786

Compensation

Key Employees and Officers	Compensation	Related	Other
Mick Quinlan (Director Of It (From Apr '23))	$0	$211,760	$32,150
Allen Houck (Chair)	$0	$0	$0
Bob Messier (Chair (To Mar '23))	$0	$0	$0
Eric Hammons (Vice Chair (From Jun '23))	$0	$0	$0
Rod Evans (Board Member)	$0	$0	$0
Chris Frisbie (Board Member (To Jun '23))	$0	$0	$0
Alex Garate (Board Member (From Jun '23))	$0	$0	$0
Monica Gardner (Board Member (From Nov '23))	$0	$0	$0
Steve Hall (Board Member (From Jun '23))	$0	$0	$0
Charlotte Hicks (Board Member)	$0	$0	$0
Donald Hornstein (Board Member)	$0	$0	$0
Bill Long (Board Member)	$0	$0	$0
John Miletti (Board Member)	$0	$0	$0
Becky Pollard (Board Member)	$0	$0	$0
Franklin Rouse (Board Member)	$0	$0	$0
Steve Smith (Board Member)	$0	$0	$0
Eric Vaith (Board Member)	$0	$0	$0
Patrick Weil (Board Member (To Mar '23))	$0	$0	$0
Dianne Hardy (Chief Executive Officer)	$0	$514,921	$47,702
Alvin Ashworth (Chief Operating Officer)	$0	$374,965	$51,437
Robert Eades (Chief Claims Officer)	$0	$273,827	$49,076
Tekeela Barnes (Chief Information Officer)	$0	$257,817	$46,985
Sonya Champion (Director Of Human Resources)	$0	$248,458	$31,235
Vicki Fisher (Director Of Claims)	$0	$208,532	$26,263
Regina O'connor (Director Of It (To Mar '23))	$0	$206,223	$45,866

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990

Filed on May 7, 2024

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Fiscal Year Ending Dec.
2022

Revenue

$357,797,739

Expenses

$184,740,119

Net Income

$173,057,620

Net Assets

$918,914,104

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$339,376,324	94.9%
Investment Income	$18,238,202	5.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$39,901
Net Inventory Sales	$0
Other Revenue	$223,114	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$707,380	0.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,615,739	2.5%

Assets/Debt
Total Assets	$1,241,045,262
Total Liabilities	$322,131,158
Net Assets	$918,914,104

Compensation

Key Employees and Officers	Compensation	Related	Other
Mick Quinlan (Chair)	$0	$0	$0
Bob Messier (Vice Chair)	$0	$0	$0
Rod Evans (Board Member)	$0	$0	$0
Chris Frisbie (Board Member)	$0	$0	$0
Charlotte Hicks (Board Member)	$0	$0	$0
Donald Hornstein (Board Member)	$0	$0	$0
Allen Houck (Board Member)	$0	$0	$0
Bill Long (Board Member)	$0	$0	$0
John Miletti (Board Member)	$0	$0	$0
Corise Morrison (Board Member (To Nov '22))	$0	$0	$0
Becky Pollard (Board Member)	$0	$0	$0
Franklin Rouse (Board Member)	$0	$0	$0
Steve Smith (Board Member)	$0	$0	$0
Eric Vaith (Board Member (From Nov '22))	$0	$0	$0
Patrick Weil (Board Member (From)	$0	$0	$0
Dianne Hardy (Chief Executive Officer)	$0	$482,458	$118,799
Alvin Ashworth (Chief Operating Officer)	$0	$347,952	$103,710
Robert Eades (Director Of Claims)	$0	$253,050	$83,419
Sonya Champion (Director Of Hr)	$0	$235,362	$65,835
Tekeela Barnes (Director Of It)	$0	$196,572	$71,585
Vicki Fisher (Claims Manager)	$0	$190,245	$55,170
Vita Wooten (Director Of Underwriting)	$0	$179,645	$65,870
Jacek Seredyniecki (It Manager)	$0	$177,022	$38,375

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990

Filed on May 15, 2023

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Fiscal Year Ending Dec.
2021

Revenue

$314,057,800

Expenses

$164,666,796

Net Income

$149,391,004

Net Assets

$741,540,658

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$299,468,203	95.4%
Investment Income	$14,024,673	4.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$388,802	0.1%
Net Inventory Sales	$0
Other Revenue	$176,122	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$586,829	0.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,429,983	2.7%

Assets/Debt
Total Assets	$1,027,510,560
Total Liabilities	$285,969,902
Net Assets	$741,540,658

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Dianne Hardy (Chief Executive Officer)	$0	$386,443	$96,903
Alvin Ashworth (Chief Operating Officer)	$0	$269,137	$83,428
Robert Eades (Director Of Claims)	$0	$219,138	$73,468
Sonya Champion (Director Of Hr)	$0	$214,515	$58,839
Tekeela Barnes (Director Of It)	$0	$178,673	$64,746
Vita Wooten (Director Of Underwriting)	$0	$167,423	$61,106
Vicki Fisher (Claims Manager)	$0	$163,573	$56,556
Regina O'connor (Senior Software Application Engineer)	$0	$154,885	$60,400
Mick Quinlan (Chair)	$0	$0	$0
Bob Messier (Vice Chair)	$0	$0	$0
Sean Donnelly (Board Member)	$0	$0	$0
Don Evans (Board Member (To Nov '21))	$0	$0	$0
Rod Evans (Board Member)	$0	$0	$0
Chris Frisbie (Board Member (From Nov '21))	$0	$0	$0
Monica Gardner (Board Member (To Nov '21))	$0	$0	$0
Charlotte Hicks (Board Member)	$0	$0	$0
Donald Hornstein (Board Member)	$0	$0	$0
Allen Houck (Board Member)	$0	$0	$0
Bill Long (Board Member (From Nov '21))	$0	$0	$0
Tim Midgett (Board Member (To Nov '21))	$0	$0	$0
John Miletti (Board Member)	$0	$0	$0
Corise Morrison (Board Member)	$0	$0	$0
Becky Pollard (Board Member)	$0	$0	$0
Franklin Rouse (Board Member)	$0	$0	$0
Steve Smith (Board Member (From Nov '21))	$0	$0	$0

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990

Filed on May 12, 2022

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Fiscal Year Ending Dec.
2020

Revenue

$279,001,377

Expenses

$202,513,546

Net Income

$76,487,831

Net Assets

$590,617,742

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$264,356,293	94.8%
Investment Income	$14,131,893	5.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$168,558	0.1%
Net Inventory Sales	$0
Other Revenue	$344,633	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$705,617	0.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,307,855	2.1%

Assets/Debt
Total Assets	$878,002,625
Total Liabilities	$287,384,883
Net Assets	$590,617,742

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Dianne Hardy (Chief Executive Officer)	$0	$377,741	$93,001
Alvin Ashworth (Chief Operating Officer)	$0	$250,464	$78,708
Robert Eades (Director Of Claims)	$0	$210,965	$66,000
Sonya Champion (Director Of Hr)	$0	$210,585	$56,489
William Poland (Director Of Finance & Accounting)	$0	$169,793	$66,392
Tekeela Barnes (It Manager)	$0	$165,427	$61,886
Vicki Fisher (Claims Manager)	$0	$161,234	$56,020
Vita Wooten (Underwriting Manager)	$0	$157,769	$57,723
Regina O'connor (Senior Software Application Engineer)	$0	$154,861	$60,703
John Miletti (Chair)	$0	$0	$0
Mick Quinlan (Vice Chair)	$0	$0	$0
Sean Donnelly (Board Member)	$0	$0	$0
Don Evans (Board Member)	$0	$0	$0
Rod Evans (Board Member)	$0	$0	$0
Monica Gardner (Board Member)	$0	$0	$0
Charlotte Hicks (Board Member)	$0	$0	$0
Donald Hornstein (Board Member)	$0	$0	$0
Allen Houck (Board Member)	$0	$0	$0
Bob Messier (Board Member)	$0	$0	$0
Tim Midgett (Board Member)	$0	$0	$0
Corise Morrison (Board Member)	$0	$0	$0
Becky Pollard (Board Member)	$0	$0	$0
Franklin Rouse (Board Member)	$0	$0	$0

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990

Filed on May 13, 2021

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Fiscal Year Ending Dec.
2019

Revenue

$281,482,867

Expenses

$367,397,328

Net Income

-$85,914,461

Net Assets

$514,656,476

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$263,446,036	93.6%
Investment Income	$18,506,293	6.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$818,218
Net Inventory Sales	$0
Other Revenue	$348,756	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$661,985	0.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,996,543	1.4%

Assets/Debt
Total Assets	$851,036,289
Total Liabilities	$336,379,813
Net Assets	$514,656,476

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
John Miletti (Chair)	$0	$0	$0
Mick Quinlan (Vice Chair)	$0	$0	$0
Sean Donnelly (Board Member)	$0	$0	$0
Don Evans (Board Member)	$0	$0	$0
Rod Evans (Board Member)	$0	$0	$0
Monica Gardner (Board Member)	$0	$0	$0
Charlotte Hicks (Board Member)	$0	$0	$0
Donald Hornstein (Board Member)	$0	$0	$0
Allen Houck (Board Member)	$0	$0	$0
Bob Messier (Board Member)	$0	$0	$0
Tim Midgett (Board Member)	$0	$0	$0
Corise Morrison (Board Member)	$0	$0	$0
Becky Pollard (Board Member)	$0	$0	$0
Franklin Rouse (Board Member)	$0	$0	$0
Gina Hardy (Chief Executive Officer)	$0	$354,869	$83,672
Alvin Ashworth (Chief Operating Officer)	$0	$232,058	$69,930
Robert Eades (Director Of Claims)	$0	$189,137	$55,664
William Poland (Director Of Finance & Accounting)	$0	$158,431	$67,211
Sonya Champion (Director Of Hr)	$0	$181,648	$47,454
Vicki Fisher (Claims Manager)	$0	$155,827	$51,478
Aaron Scurlock (It Manager)	$0	$151,498	$64,650
Tekeela Barnes (Underwriting Manager)	$0	$151,644	$55,075
Smita Ferretti (It Manager)	$0	$150,611	$26,573

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990

Filed on June 16, 2020

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Fiscal Year Ending Dec.
2018

Revenue

$349,643,486

Expenses

$1,312,128,310

Net Income

-$962,484,824

Net Assets

$601,535,098

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$312,537,340	89.4%
Investment Income	$37,550,332	10.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$775,971
Net Inventory Sales	$0
Other Revenue	$331,785	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$534,051	0.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,791,125	0.4%

Assets/Debt
Total Assets	$1,064,688,165
Total Liabilities	$463,153,067
Net Assets	$601,535,098

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
John Miletti (Chair)	$0	$0	$0
Corise Morrison (Vice Chair)	$0	$0	$0
Cin Brochure (Board Member (To Nov '18))	$0	$0	$0
Sean Donnelly (Board Member (From Nov '18))	$0	$0	$0
Don Evans (Board Member)	$0	$0	$0
Rod Evans (Board Member)	$0	$0	$0
Monica Gardner (Board Member)	$0	$0	$0
Charlotte Hicks (Board Member)	$0	$0	$0
Donald Hornstein (Board Member)	$0	$0	$0
Allen Houck (Board Member)	$0	$0	$0
Bob Messier (Board Member)	$0	$0	$0
Tim Midgett (Board Member)	$0	$0	$0
Becky Pollard (Board Member)	$0	$0	$0
Mick Quinlan (Board Member)	$0	$0	$0
Franklin Rouse (Board Member)	$0	$0	$0
Jim Rowland (Board Member (To Nov '18))	$0	$0	$0
Gina Schwitzgebel (General Manager)	$0	$300,026	$72,329
Alvin Ashworth (Assistant General Manager)	$0	$224,588	$64,431
Robert Eades (Director Of Claims)	$0	$186,952	$59,067
Sonya Champion (Director Of Hr)	$0	$177,777	$44,068
Aaron Scurlock (It Manager)	$0	$149,443	$60,507
Tekeela Barnes (Underwriting Manager)	$0	$147,042	$51,104
Vicki Fisher (Claims Manager)	$0	$146,612	$46,461
Vita Wooten (Underwriting Manager)	$0	$148,547	$48,643

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990

Filed on Nov. 11, 2019

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Fiscal Year Ending Dec.
2017

Revenue

$337,063,764

Expenses

$90,730,088

Net Income

$246,333,676

Net Assets

$1,543,126,366

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$306,444,811	90.9%
Investment Income	$30,315,652	9.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$303,301	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,079,526	1.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,521,156	2.8%

Assets/Debt
Total Assets	$1,751,460,368
Total Liabilities	$208,334,002
Net Assets	$1,543,126,366

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Don Evans (Board Member)	$582,292	$81,983	$0
J Fletcher Willey (Board Member)	$260,533	$8,719	$0
Rod Evans (Board Member)	$23,183	$10,859	$0
Reginald Wright (Board Member)	$2,881	$4,329	$0
Allstate Insurance Company Jim Rowland (Board Member)	$0	$0	$0
Nationwide Mutual Insurance Company Mick Quinlan (Board Member)	$0	$0	$0
Nc Farm Bureau Mutual Insurance Allen Houck (Board Member)	$0	$0	$0
State Farm Fire & Casualty Company Bob Messier (Board Member)	$0	$0	$0
The Travelers Companies Inc John Miletti (Board Member)	$0	$0	$0
Charlotte Crockett (Board Member)	$0	$0	$0
Tim Midgett (Board Member)	$0	$0	$0
Cin Brochure (Board Member)	$0	$0	$0
Donald Hornstein (Board Member)	$0	$0	$0
Auto Owners Monica Gardner (Board Member)	$0	$0	$0
Usaa Corise Morrison (Board Member)	$0	$0	$0
Gina Schwitzgebel (General Mana)	$0	$285,743	$57,764
Alvin Ashworth (Assistant Gm)	$0	$195,771	$42,059
Robert Eades (Director Of)	$0	$167,018	$50,239
Sonya Champion (Director Of)	$0	$157,918	$33,820
Aaron Scurlock (It Manager)	$0	$136,672	$52,242
Tekeela Barnes (Underwriting)	$0	$135,394	$42,187
Vicki Fisher (Claims Manag)	$0	$131,898	$37,804
Vita Wooten (Underwriting)	$0	$130,732	$40,090
Lee Dunn (Assistant Gm)	$0	$147,310	$36,697

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990

Filed on May 14, 2018

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Fiscal Year Ending Dec.
2016

Revenue

$311,782,864

Expenses

$166,051,229

Net Income

$145,731,635

Net Assets

$1,304,864,519

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$283,550,143	90.9%
Investment Income	$27,877,224	8.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$355,497	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,411,821	0.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,943,758	1.8%

Assets/Debt
Total Assets	$1,543,383,621
Total Liabilities	$238,519,102
Net Assets	$1,304,864,519

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Don Evans (Board Member)	$663,557	$77,489	$0
J Fletcer Willey Jr (Board Member)	$268,654	$8,257	$0
Rod Evans (Board Member)	$27,379	$11,681	$0
Allstate Insurance Company Jim Rowland (Board Member)	$0	$0	$0
Nationwide Mutual Insurance Company Mick Quinlan (Board Member)	$0	$0	$0
Nc Farm Bureau Mutual Insurance Steve Carroll (Board Member)	$0	$0	$0
State Farm Fire & Casualty Company Bob Messier (Board Member)	$0	$0	$0
The Travelers Companies Inc John Miletti (Board Member)	$0	$0	$0
Charlotte Crockett (Board Member)	$0	$0	$0
Tim Midgett (Board Member)	$0	$0	$0
Cherri Cheek (Board Member)	$0	$0	$0
Donald Hornstein (Board Member)	$0	$0	$0
Auto Owners Monica Gardner (Board Member)	$0	$0	$0
Usaa Corise Morrison (Board Member)	$0	$0	$0
Gina Schwitzgebel (General Mana)	$0	$269,259	$58,186
Alvin Ashworth (Cfo)	$0	$167,908	$36,723
Robert Eades (Director Of)	$0	$159,168	$50,117
Sonya Champion (Director Of)	$0	$134,966	$30,932
Lee Dunn (Assistant Gm)	$0	$128,632	$41,331
Vita Wooten (Underwriting)	$0	$126,282	$39,442
Aaron Scurlock (It Manager)	$0	$126,027	$49,587
Vicki Fisher (Claims Manag)	$0	$125,727	$37,112

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990

Filed on Oct. 27, 2017

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Fiscal Year Ending Dec.
2015

Revenue

$287,644,574

Expenses

$94,743,293

Net Income

$192,901,281

Net Assets

$1,164,180,092

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$268,236,974	93.3%
Investment Income	$19,012,434	6.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$395,166	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,226,358	1.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,967,920	3.1%

Assets/Debt
Total Assets	$1,384,678,526
Total Liabilities	$220,498,434
Net Assets	$1,164,180,092

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Don Evans (Board Member)	$693,408	$77,971	$0
J Fletcer Willey Jr (Board Member)	$312,048	$5,763	$0
Rod Evans (Board Member)	$27,608	$10,689	$0
Allstate Insurance Company Jim Rowland (Board Member)	$0	$0	$0
Nationwide Mutual Insurance Company Mick Quinlan (Board Member)	$0	$0	$0
Nc Farm Bureau Mutual Insurance Steve Carroll (Board Member)	$0	$0	$0
State Farm Fire & Casualty Company Glenn Hahn (Board Member)	$0	$0	$0
The Travelers Companies Inc John Miletti (Board Member)	$0	$0	$0
Charlotte Crockett (Board Member)	$0	$0	$0
Tim Midgett (Board Member)	$0	$0	$0
Cherri Cheek (Board Member)	$0	$0	$0
Donald Hornstein (Board Member)	$0	$0	$0
Auto Owners Drew Klasing (Board Member)	$0	$0	$0
Usaa Corise Morrison (Board Member)	$0	$0	$0
Gina Schwitzgebel (General Mana)	$0	$259,117	$47,698
Alvin Ashworth (Director Of)	$0	$151,767	$28,657
Robert Eades (Director Of)	$0	$142,979	$43,355
Lee Dunn (Assistant Gm)	$0	$127,961	$34,909
Sonya Champion (Director Of)	$0	$122,975	$24,646
Vita Wooten (Director Of)	$0	$122,726	$33,979

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990

Filed on May 16, 2016

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Fiscal Year Ending Dec.
2014

Revenue

$253,399,904

Expenses

$115,842,640

Net Income

$137,557,264

Net Assets

$977,211,165

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$235,912,673	93.1%
Investment Income	$17,104,347	6.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$382,884	0.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,270,866	1.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,193,155	2.8%

Assets/Debt
Total Assets	$1,210,197,349
Total Liabilities	$232,986,184
Net Assets	$977,211,165

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Don Evans (Board Member)	$720,287	$77,729	$0
J Fletcer Willey Jr (Board Member)	$345,603	$5,211	$0
Rod Evans (Board Member)	$30,248	$9,143	$0
Allstate Insurance Company Jennifer Jabben (Board Member)	$0	$0	$0
Nationwide Mutual Insurance Company Mick Quinlan (Board Member)	$0	$0	$0
Nc Farm Bureau Mutual Insurance Steve Carroll (Board Member)	$0	$0	$0
State Farm Fire & Casualty Company Glenn Hahn (Board Member)	$0	$0	$0
The Travelers Companies Inc John Miletti (Board Member)	$0	$0	$0
Charlotte Crockett (Board Member)	$0	$0	$0
Tim Midgett (Board Member)	$0	$0	$0
Cherri Cheek (Board Member)	$0	$0	$0
Donald Hornstein (Board Member)	$0	$0	$0
Auto Owners Drew Klasing (Board Member)	$0	$0	$0
Usaa Corise Morrison (Board Member)	$0	$0	$0
Gina Schwitzgebel (General Mana)	$0	$230,281	$38,532
Alvin Ashworth (Director Of)	$0	$144,093	$24,308
Robert Eades (Director Of)	$0	$138,009	$38,139
Nancy Wylie (Director Of)	$0	$137,209	$28,085
Lee Dunn (Assistant Gm)	$0	$123,608	$30,149
Sonya Champion (Director Of)	$0	$117,669	$20,856

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990

Filed on May 14, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2013

Revenue

$197,422,735

Expenses

$91,870,202

Net Income

$105,552,533

Net Assets

$841,454,384

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$182,328,983	92.4%
Investment Income	$14,764,130	7.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$329,622	0.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,305,318	1.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,843,571	3.1%

Assets/Debt
Total Assets	$1,065,562,770
Total Liabilities	$224,108,386
Net Assets	$841,454,384

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Don Evans ()	$745,035	$70,235	$0
J Fletcer Willey Jr ()	$367,866	$5,451	$0
Rod Evans ()	$28,273	$9,145	$0
Allstate Insurance Company Jennifer Jabben ()	$0	$0	$0
Nationwide Mutual Insurance Company Katherine Southern ()	$0	$0	$0
Nc Farm Bureau Mutual Insurance Steve Carroll ()	$0	$0	$0
The Travelers Companies Inc John Miletti ()	$0	$0	$0
Usaa Corise Morrison ()	$0	$0	$0
Charlotte Crockett ()	$0	$0	$0
Tim Midgett ()	$0	$0	$0
Cherri Cheek ()	$0	$0	$0
Donald Hornstein ()	$0	$0	$0
State Farm Fire & Casualty Company Glenn Hahn (Fire Operati)	$0	$0	$0
Auto Owners Drew Klasing ()	$0	$0	$0
Gina Schwitzgebel (General Mana)	$0	$212,906	$39,624
Alvin Ashworth (Director Of)	$0	$134,256	$25,833
Nancy Wylie (Director Of)	$0	$130,298	$28,262
Robert Eades (Director Of)	$0	$130,004	$38,346
Lee Dunn (Assistant Gm)	$0	$117,310	$37,335
Vita Wooten (Underwriting)	$0	$115,271	$22,827

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990

Filed on Aug. 14, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2012

Revenue

$40,695,472

Expenses

$17,530,496

Net Income

$23,164,976

Net Assets

$736,128,343

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$37,700,380	92.6%
Investment Income	$2,927,264	7.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$67,828	0.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$270,960	1.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$662,918	3.8%

Assets/Debt
Total Assets	$936,327,566
Total Liabilities	$200,199,223
Net Assets	$736,128,343

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2012

Revenue

$131,929,127

Expenses

$50,534,712

Net Income

$81,394,415

Net Assets

$713,054,021

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$117,033,681	88.7%
Investment Income	$14,677,320	11.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$218,126	0.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$147,496	0.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,012,368	4.0%

Assets/Debt
Total Assets	$971,253,201
Total Liabilities	$258,199,180
Net Assets	$713,054,021

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2011

Revenue

$129,255,477

Expenses

$232,321,741

Net Income

-$103,066,264

Net Assets

$632,009,952

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$105,188,397	81.4%
Investment Income	$23,580,210	18.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$486,870	0.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,709,423	0.7%

Assets/Debt
Total Assets	$937,732,952
Total Liabilities	$305,723,000
Net Assets	$632,009,952

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated November 21, 2024

North Carolina Insurance

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $447M (2023)

Expenses $244M (2023)

Total Assets $1.52B (2023)

Total Liabilities $397M (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Revenue

$447M (2023)

Expenses

$244M (2023)

Total Assets

$1.52B (2023)

Total Liabilities

$397M (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Sept.
2012

Fiscal Year Ending Sept.
2011

Fiscal Year Ending Sept.
2010

Fiscal Year Ending Sept.
2009

Fiscal Year Ending Sept.
2008

Fiscal Year Ending Sept.
2007

Fiscal Year Ending Sept.
2006

Fiscal Year Ending Sept.
2005