PROPUBLICA Fearless Reporting for an Informed Society — Join Us.
DONATE
Skip to content
ProPublica Donate
ProPublica Donate

Nc Captive Insurance Association

Organization summary

Type of Nonprofit

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

Category: Community Improvement, Capacity Building / Business and Industry (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$278k (2023)

Expenses
$273k (2023)

Total Assets
$91.9k (2023)

Total Liabilities
$22k (2023)

Source: Form 990 tax filings from 2014 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

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$277,996
Expenses
$272,569
Net Income
$5,427
Net Assets
$69,919
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $275,598
99.1%
Investment Income $2,398
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $91,948
Total Liabilities $22,029
Net Assets $69,919
Compensation
Key Employees and Officers Compensation Related Other
Thomas L Adams (President &) $119,969 $0 $0
Nate Reznicek (Chair) $0 $0 $0
David Littlehale (Vice Chair) $0 $0 $0
Scott Syphers (Treasurer) $0 $0 $0
Aoife Taylor (Secretary) $0 $0 $0
Lea Riddle (Board Member) $0 $0 $0
Leane Rafalko (Board Member) $0 $0 $0
Rosa Garcia (Board Member) $0 $0 $0
Ron Adams (Board Member) $0 $0 $0
Paige Bell (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$217,445
Expenses
$209,706
Net Income
$7,739
Net Assets
$64,492
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $217,445
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $83,574
Total Liabilities $19,082
Net Assets $64,492
Compensation
Key Employees and Officers Compensation Related Other
Thomas L Adams (President &) $111,080 $0 $0
Diana Hardy (Chair) $0 $0 $0
Nate Reznicek (Vice Chair) $0 $0 $0
David Littlehale (Treasurer) $0 $0 $0
Rosa Garcia (Secretary) $0 $0 $0
Mike Meehan (Board Member) $0 $0 $0
Adam Forstot (Board Member) $0 $0 $0
Sandra Fenters (Board Member) $0 $0 $0
Ron Adams (Board Member) $0 $0 $0
Scott Syphers (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$213,405
Expenses
$192,576
Net Income
$20,829
Net Assets
$56,753
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $213,405
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $83,991
Total Liabilities $27,238
Net Assets $56,753
Compensation
Key Employees and Officers Compensation Related Other
Thomas L Adams (President &) $110,186 $0 $0
Matt Holycross (Chairman) $0 $0 $0
Morgan Doughty (Vice Chairma) $0 $0 $0
David Littlehale (Treasurer) $0 $0 $0
Rosa Garcia (Secretary) $0 $0 $0
Anne Marie Towle (Board Member) $0 $0 $0
Diana Hardy (Board Member) $0 $0 $0
Mike Meehan (Board Member) $0 $0 $0
Adam Forstot (Board Member) $0 $0 $0
Nate Reznicek (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$42,800
Expenses
$78,666
Net Income
-$35,866
Net Assets
$35,924
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,125
12.0%
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $86,618
Total Liabilities $50,694
Net Assets $35,924
Compensation
Key Employees and Officers Compensation Other
Thomas L Adams (President &) $50,191 $0
Lea Riddle (Chairman) $0 $0
Anne Marie Towle (Vice Chairma) $0 $0
D Michael Payseur (Secretary) $0 $0
Matthew Holycross (Treasurer) $0 $0
Morgan Weatherly (Board Member) $0 $0
Wesley Deaton (Board Member) $0 $0
Diana Hardy (Board Member) $0 $0
Mike Meehan (Board Member) $0 $0
Adam Forstot (Board Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$174,303
Expenses
$157,839
Net Income
$16,464
Net Assets
$71,788
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $127,973
73.4%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $97,467
Total Liabilities $25,679
Net Assets $71,788
Compensation
Key Employees and Officers Compensation Other
Thomas L Adams (President &) $74,693 $0
Richard Lane Brown Iii (Board Member) $48,021 $0
Lea Riddle (Chairman) $0 $0
Anne Marie Towle (Vice Chairma) $0 $0
D Michael Payseur (Secretary) $0 $0
Matthew Holycross (Treasurer) $0 $0
Morgan Doughty (Board Member) $0 $0
Wesley Deaton (Board Member) $0 $0
Diana Hardy (Board Member) $0 $0
Mike Meehan (Board Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$182,129
Expenses
$163,236
Net Income
$18,893
Net Assets
$55,326
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $128,298
70.4%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $76,679
Total Liabilities $21,353
Net Assets $55,326
Compensation
Key Employees and Officers Compensation Other
Richard Lane Brown Iii (Board Member) $87,678 $0
Thomas L Adams (President &) $82,678 $0
Leon Rives (Chairman) $0 $0
Dan Reppert (Vice Chairma) $0 $0
D Michael Payseur (Secretary) $0 $0
Lea Riddle (Treasurer) $0 $0
Jeremy Colombik (Board Member) $0 $0
Martin Eveleigh (Board Member) $0 $0
Jonathan Reich (Board Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$172,432
Expenses
$160,341
Net Income
$12,091
Net Assets
$36,433
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $113,657
65.9%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $53,575
Total Liabilities $17,142
Net Assets $36,433
Compensation
Key Employees and Officers Compensation Other
Richard Lane Brown Iii (Board Member) $93,442 $0
Thomas L Adams (President &) $88,442 $0
Jeremy Colombik (Chairman) $0 $0
Martin Eveleigh (Board Member) $0 $0
Jonathan Reich (Secretary) $0 $0
Dan Reppert (Treasurer) $0 $0
Leon Rives (Board Member) $0 $0
D Michael Payseur (Board Member) $0 $0
Jesse Coyle (Vice Chairma) $0 $0
Wendy D Knight (Board Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$179,758
Expenses
$166,814
Net Income
$12,944
Net Assets
$24,342
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $121,288
67.5%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $49,542
Total Liabilities $25,200
Net Assets $24,342
Compensation
Key Employees and Officers Compensation Other
Thomas L Adams (President &) $0 $0
Richard Lane Brown Iii (Vice Chairma) $0 $0
Jesse Coyle (Chairman) $0 $0
Martin Eveleigh (Board Member) $0 $0
Jonathan Reich (Secretary) $0 $0
Dan Reppert (Secretary) $0 $0
Alex Webb (Board Member) $0 $0
Leon Rives (Board Member) $0 $0
Mickey Payseur (Board Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$126,405
Expenses
$129,125
Net Income
-$2,720
Net Assets
$11,398
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $88,805
70.3%
Assets/Debt
Total Assets $11,398
Total Liabilities $0
Net Assets $11,398
Compensation
Key Employees and Officers Compensation Other
Thomas L Adams (President/Ceo) $0 $0
Richard Lane Brown Iii (Vice Chairman) $0 $0
Jesse Coyle (Chairman) $0 $0
Martin Eveleigh (Board Member) $0 $0
Jonathan Reich (Secretary) $0 $0
Dan Reppert (Treasurer) $0 $0
Alex Webb (Board Member) $0 $0
Leon Rives (Board Member) $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$75,199
Expenses
$75,804
Net Income
-$605
Net Assets
$14,118
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $62,500
83.1%
Assets/Debt
Total Assets $14,118
Total Liabilities $0
Net Assets $14,118
Compensation
Key Employees and Officers Compensation Other
Thomas L Adams (President/Ceo) $0 $0
Richard Lane Brown Iii (Vice Chairman) $0 $0
Jesse Coyle (Secretary) $0 $0
Martin Eveleigh (Board Member) $0 $0
Jonathan Reich (Board Member) $0 $0
Jeff Smith (Treasurer) $0 $0
Alex Webb (Chairman) $0 $0
Leon Rives (Boardman) $0 $0

Document Links

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 »