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North Carolina Insurance Guaranty Association

  • Raleigh, NC
  • Tax-exempt since July 1974
  • EIN: 23-7355707

Organization summary

Type of Nonprofit

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

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$25.3M (2022)

Expenses
$29.2M (2022)

Total Assets
$117M (2022)

Total Liabilities
$0 (2022)

Source: Form 990 tax filings from 2011 to 2022

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.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$25,291,670
Expenses
$29,171,088
Net Income
-$3,879,418
Net Assets
$116,615,303
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $22,632,186
89.5%
Investment Income $2,506,187
9.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $153,297
0.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $228,893
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $1,708,797
5.9%
Assets/Debt
Total Assets $116,615,303
Total Liabilities $0
Net Assets $116,615,303
Compensation
Key Employees and Officers Compensation Related Other
Donna Kallianos (Chief Operating Officer) $213,117 $0 $106,952
Tammy Choboy (Technical & Administrative Manager) $130,694 $0 $50,155
Kim Powell (Claims Manager) $114,497 $0 $56,968
Kathlyn Gorman (Litigation Manager) $105,977 $0 $15,428
Edith Davis (Chief Financial Officer) $0 $256,280 $103,831
Raymond Evans (General Manager (To 3/2022)) $0 $252,760 $92,510
Joanna Biliouris (General Manager (From 3/2022)) $0 $226,472 $27,545
Nc Farm Bureau Mutual Insurance Compa (Board Chairman) $0 $0 $0
State Farm Mutual Auto Insurance Comp (Vice Chairman) $0 $0 $0
Allstate Insurance Company (Director) $0 $0 $0
Builders Mutual Insurance Company (Director) $0 $0 $0
Erie Insurance (Director (From 11/2022)) $0 $0 $0
Nationwide Mutual Insurance Company (Director) $0 $0 $0
Travelers Indemnity Company (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 11, 2023

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$22,094,183
Expenses
$12,411,907
Net Income
$9,682,276
Net Assets
$120,494,721
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $19,442,550
88.0%
Investment Income $2,620,751
11.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $30,882
0.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $207,823
1.7%
Professional Fundraising Fees $0
Other Salaries and Wages $1,712,542
13.8%
Assets/Debt
Total Assets $120,494,721
Total Liabilities $0
Net Assets $120,494,721
Compensation
Key Employees and Officers Compensation Related Other
Donna Kallianos (Chief Operating Officer) $196,578 $0 $126,867
Tammy Choboy (Technical & Administrative Manager) $125,781 $0 $44,601
Kim Powell (Claims Manager) $108,647 $0 $57,232
Nc Farm Bureau Mutual Insurance Compa (Board Chairman) $0 $0 $0
State Farm Mutual Auto Insurance Comp (Vice Chairman) $0 $0 $0
Allstate Insurance Company (Director) $0 $0 $0
Builders Mutual Insurance Company (Director) $0 $0 $0
Integon Indemnity Corporation (Director (To 1/2021)) $0 $0 $0
Nationwide Mutual Insurance Company (Director) $0 $0 $0
Travelers Indemnity Company (Director) $0 $0 $0
Raymond Evans (General Manager) $0 $345,372 $103,638
Edith Davis (Chief Financial Officer) $0 $237,837 $139,988
+ View more people

Document Links

990
Filed on Oct. 22, 2022

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$27,957,673
Expenses
$19,370,315
Net Income
$8,587,358
Net Assets
$110,812,445
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $25,159,906
90.0%
Investment Income $2,655,419
9.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $142,348
0.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $205,263
1.1%
Professional Fundraising Fees $0
Other Salaries and Wages $1,569,339
8.1%
Assets/Debt
Total Assets $110,812,445
Total Liabilities $0
Net Assets $110,812,445
Compensation
Key Employees and Officers Compensation Related Other
Donna Kallianos (Chief Operating Officer) $193,887 $0 $116,822
Tammy Choboy (Technical & Administrative) $123,041 $0 $43,763
Kim Powell (Claims Manager) $104,033 $0 $56,925
Raymond Evans (General Manager) $0 $339,357 $102,145
Edith Davis (Chief Financial Officer) $0 $232,932 $134,546
Nc Farm Bureau Mutual Insurance Com (Board Chairman) $0 $0 $0
State Farm Mutual Auto Insurance Co (Vice Chairman) $0 $0 $0
Allstate Insurance Company (Director) $0 $0 $0
Builders Mutual Insurance Company (Director) $0 $0 $0
Integon Indemnity Corporation (Director) $0 $0 $0
Nationwide Mutual Insurance Company (Director) $0 $0 $0
Travelers Indemnity Company (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 11, 2021

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

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$18,890,891
Expenses
$21,331,434
Net Income
-$2,440,543
Net Assets
$102,225,087
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $16,931,266
89.6%
Investment Income $2,117,288
11.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$157,663
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $214,412
1.0%
Professional Fundraising Fees $0
Other Salaries and Wages $1,736,511
8.1%
Assets/Debt
Total Assets $102,225,087
Total Liabilities $0
Net Assets $102,225,087
Compensation
Key Employees and Officers Compensation Related Other
Donna Kallianos (Chief Operating Officer) $178,660 $0 $103,647
Tammy Choboy (Technical & Administrative Manager) $118,502 $0 $40,167
Raymond Evans (General Manager) $0 $326,316 $96,083
Edith Davis (Chief Financial Officer) $0 $215,754 $118,734
Nc Farm Bureau Mutual Insurance Com (Board Chairman) $0 $0 $0
State Farm Mutual Auto Insurance Co (Vice Chairman) $0 $0 $0
Allstate Insurance Company (Director) $0 $0 $0
Builders Mutual Insurance Company (Director) $0 $0 $0
Integon Indemnity Corporation (Director) $0 $0 $0
Nationwide Mutual Insurance Company (Director) $0 $0 $0
Travelers Indemnity Company (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 13, 2020

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

View Filing
XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$45,498,675
Expenses
$16,710,283
Net Income
$28,788,392
Net Assets
$104,665,630
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $44,074,277
96.9%
Investment Income $1,657,143
3.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$232,745
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $204,464
1.2%
Professional Fundraising Fees $0
Other Salaries and Wages $1,434,916
8.6%
Assets/Debt
Total Assets $104,665,630
Total Liabilities $0
Net Assets $104,665,630
Compensation
Key Employees and Officers Compensation Related Other
Donna Kallianos (Chief Operating Officer) $169,779 $0 $78,909
Tammy Choboy (Technical & Administrative Manager) $109,957 $0 $45,361
Builders Mutual Insurance Company (Director) $0 $0 $0
Nationwide Mutual Insurance Company (Director) $0 $0 $0
Integon Indemnity Corporation (Director) $0 $0 $0
Travelers Indemnity Company (Director) $0 $0 $0
Allstate Insurance Company (Director) $0 $0 $0
Nc Farm Bureau Mutual Insurance Compa (Board Chairman) $0 $0 $0
State Farm Mutual Auto Insurance Comp (Vice Chairman) $0 $0 $0
Raymond Evans (General Manager) $0 $307,866 $90,466
Edith Davis (Chief Financial Officer) $0 $204,449 $95,738
+ View more people

Document Links

990
Filed on Nov. 15, 2019

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,705,017
Expenses
$16,400,249
Net Income
-$4,695,232
Net Assets
$3,698,062
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,500,666
72.6%
Investment Income $1,429,460
12.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,774,891
15.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,363,597
8.3%
Assets/Debt
Total Assets $84,319,991
Total Liabilities $80,621,929
Net Assets $3,698,062
Compensation
Key Employees and Officers Compensation Related Other
Allstate S Morrison (Bd Or Directors) $0 $0 $0
Integon Indemnity A Lyon (Bd Of Directors) $0 $0 $0
Builders Mutual J Boggs (Bd Of Directors) $0 $0 $0
Nationwide Mut G Lonnecker (Bd Of Directors) $0 $0 $0
Nc Farm Bureau A Houck (Board Chairman) $0 $0 $0
State Farm D Stoller (Vice Chairman) $0 $0 $0
Travelers Ind M Massaro (Bd Of Directors) $0 $0 $0
+ View more people

Document Links

990
Filed on Oct. 16, 2018

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

View Filing
XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$18,759,923
Expenses
$19,400,666
Net Income
-$640,743
Net Assets
$15,340,899
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $14,001,280
74.6%
Investment Income $806,583
4.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,952,060
21.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $165,771
0.9%
Professional Fundraising Fees $0
Other Salaries and Wages $1,223,291
6.3%
Assets/Debt
Total Assets $87,411,631
Total Liabilities $72,070,732
Net Assets $15,340,899
Compensation
Key Employees and Officers Compensation Related Other
Robert M Newton (Chief Operating Officer, Iga) $165,771 $0 $0
Allstate K Smith (Bd Or Directors) $0 $0 $0
Integon Indemnity A Lyon (Bd Of Directors) $0 $0 $0
Liberty Mutual F Saraiva (Bd Of Directors) $0 $0 $0
Nationwide Mut G Lonnecker (Bd Of Directors) $0 $0 $0
Nc Farm Bureau A Houck (Board Chairman) $0 $0 $0
State Farm D Stoller (Vice Chairman) $0 $0 $0
Travelers Ind K Muedder (Bd Of Directors) $0 $0 $0
+ View more people

Document Links

990
Filed on May 15, 2017

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$25,160,139
Expenses
$18,851,992
Net Income
$6,308,147
Net Assets
$9,510,530
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,392,218
41.3%
Investment Income $1,289,203
5.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $13,478,718
53.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $153,536
0.8%
Professional Fundraising Fees $0
Other Salaries and Wages $1,014,708
5.4%
Assets/Debt
Total Assets $88,187,203
Total Liabilities $78,676,673
Net Assets $9,510,530
Compensation
Key Employees and Officers Compensation Related Other
Robert M Newton (Chief Operating Officer, Iga) $153,536 $0 $0
Allstate F Neal (Bd Of Directors) $0 $0 $0
Integon Indemnity A Lyon (Bd Of Directors) $0 $0 $0
Liberty Mutual F Saraiva (Bd Of Directors) $0 $0 $0
Nationwide Mut J Seidelmann (Bd Of Directors) $0 $0 $0
Nc Farm Bureau A Houck (Board Chairman) $0 $0 $0
State Farm D Stoller (Bd Of Directors) $0 $0 $0
Travelers Ind K Muedder (Bd Of Directors) $0 $0 $0
+ View more people

Document Links

990
Filed on June 1, 2016

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$18,002,830
Expenses
$15,323,354
Net Income
$2,679,476
Net Assets
$3,027,645
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,500,836
58.3%
Investment Income $1,374,371
7.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,127,623
34.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,114,526
7.3%
Assets/Debt
Total Assets $81,744,227
Total Liabilities $78,716,582
Net Assets $3,027,645
Compensation
Key Employees and Officers Compensation Related Other
Robert M Newton (Coo) $147,753 $0 $0
Allstate F Neal (Bd Of Directors) $0 $0 $0
Integon Indemnity A Lyon (Bd Of Directors) $0 $0 $0
Liberty Mutual A Larson (Bd Of Directors) $0 $0 $0
Nationwide Mut J Seidelmann (Bd Of Directors) $0 $0 $0
Nc Farm Bureau A Houck (Board Chairman) $0 $0 $0
State Farm D Stoller (Bd Of Directors) $0 $0 $0
Travelers Ind K Muedder (Bd Of Directors) $0 $0 $0
+ View more people

Document Links

990
Filed on May 14, 2015

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$25,233,514
Expenses
$17,302,938
Net Income
$7,930,576
Net Assets
$3,236,301
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,601,034
30.1%
Investment Income $929,930
3.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $16,702,550
66.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,021,060
5.9%
Assets/Debt
Total Assets $79,149,400
Total Liabilities $75,913,099
Net Assets $3,236,301
Compensation
Key Employees and Officers Compensation Related Other
Robert M Newton (Director, Nciga) $140,168 $0 $0
Allstate F Neal (Bd Of Directors) $0 $0 $0
Integon Indemnity A Lyon (Bd Of Directors) $0 $0 $0
Liberty Mutual A Larson (Bd Of Directors) $0 $0 $0
Nationwide Mut J Seidelmann (Bd Of Directors) $0 $0 $0
Nc Farm Bureau A Houck (Board Chairman) $0 $0 $0
State Farm D Stoller (Bd Of Directors) $0 $0 $0
Travelers Ind J Mayer (Bd Of Directors) $0 $0 $0
+ View more people

Document Links

990
Filed on May 14, 2014

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,887,989
Expenses
$22,073,625
Net Income
-$10,185,636
Net Assets
$9,378,516
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,429,953
12.0%
Investment Income $1,735,780
14.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $8,722,256
73.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $909,778
4.1%
Assets/Debt
Total Assets $71,148,020
Total Liabilities $61,769,504
Net Assets $9,378,516

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$22,623,246
Expenses
$26,722,158
Net Income
-$4,098,912
Net Assets
$14,515,116
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,047,585
35.6%
Investment Income $1,973,672
8.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $12,601,989
55.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $969,042
3.6%
Assets/Debt
Total Assets $81,329,507
Total Liabilities $66,814,391
Net Assets $14,515,116

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

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

PDF

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

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

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

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 »

Byline

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