Civic Intelligence

Nc Captive Insurance Association

990EZ • Fiscal year 2018 • EIN 46-1310027

Jan 01, 2018 to Dec 31, 2018 • Filed on Apr 24, 2019

151 Crest RoadSouthern Pines, NC 28387

(910) 725-1855

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$76,679

Flat from 2018

Net Assets

Flat

$55,326

Flat from 2018

Liabilities

Flat

$21,353

Flat from 2018

Revenue And Expenses

Revenue

Flat

$182,129

Flat from 2018

Expenses

Flat

$163,236

Flat from 2018

Net Income

Flat

$18,893

Flat from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0Assets 2014: $14,118Net Assets 2014: $14,1182014Assets 2015: $11,398Net Assets 2015: $11,3982015Assets 2016: $49,542Liabilities 2016: $25,200Net Assets 2016: $24,3422016Assets 2017: $53,575Liabilities 2017: $17,142Net Assets 2017: $36,4332017Assets 2018: $76,679Liabilities 2018: $21,353Net Assets 2018: $55,3262018Assets 2018: $76,679Liabilities 2018: $21,353Net Assets 2018: $55,3262018Assets 2019: $97,467Liabilities 2019: $25,679Net Assets 2019: $71,7882019Assets 2020: $86,618Liabilities 2020: $50,694Net Assets 2020: $35,9242020Assets 2021: $83,991Liabilities 2021: $27,238Net Assets 2021: $56,7532021Assets 2022: $83,574Liabilities 2022: $19,082Net Assets 2022: $64,4922022Assets 2023: $91,948Liabilities 2023: $22,029Net Assets 2023: $69,9192023Assets 2024: $104,699Liabilities 2024: $30,248Net Assets 2024: $74,4512024

Highlighted filing

2018

Assets$76,679
Liabilities$21,353
Net Assets$55,326

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2014: $75,199Expenses 2014: $75,804Net Income 2014: -$6052014Revenue 2015: $126,405Expenses 2015: $129,125Net Income 2015: -$2,7202015Revenue 2016: $179,758Expenses 2016: $166,814Net Income 2016: $12,9442016Revenue 2017: $172,432Expenses 2017: $160,341Net Income 2017: $12,0912017Revenue 2018: $182,129Expenses 2018: $163,236Net Income 2018: $18,8932018Revenue 2018: $182,129Expenses 2018: $163,236Net Income 2018: $18,8932018Revenue 2019: $174,303Expenses 2019: $157,839Net Income 2019: $16,4642019Revenue 2020: $42,800Expenses 2020: $78,666Net Income 2020: -$35,8662020Revenue 2021: $213,405Expenses 2021: $192,576Net Income 2021: $20,8292021Revenue 2022: $217,445Expenses 2022: $209,706Net Income 2022: $7,7392022Revenue 2023: $277,996Expenses 2023: $272,569Net Income 2023: $5,4272023Revenue 2024: $246,593Expenses 2024: $242,061Net Income 2024: $4,5322024

Highlighted filing

2018

Revenue$182,129
Expenses$163,236
Net Income$18,893
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Apr 24, 2019
Return Version
2018v3.1
Gross Receipts
$182,129
Mission and Program Overview

Mission

Maintain professional and best practices in the captive insurance industry through representation (the association will represent member companies and affiliates before federal and state legislatures and regulators in north carolina.), education (the association will educate member organization staff and the public at large about the captive insurance industry.), and administration of the nc captive insurance association.

Program Services

DescriptionGrantsExpenses
CONDUCTED AN ANNUAL EDUCATIONAL CONFERENCE.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RICHARD LANE BROWN IIIBoard MemberPT$87,678-$87,678
THOMAS L ADAMSPresident &PT$82,678-$82,678
LEON RIVESChairman-$0--
DAN REPPERTVice Chairma-$0--
D MICHAEL PAYSEURSecretary-$0--
LEA RIDDLETreasurer-$0--
JEREMY COLOMBIKBoard Member-$0--
MARTIN EVELEIGHBoard Member-$0--
JONATHAN REICHBoard Member-$0--
Political and Lobbying Activity
In-house lobbying only
No

Reported Spending and Taxes

Line ItemAmount
Total Nondeductible Lobbying and Political Cost$12,762
Current Year Nondeductible Lobbying and Political Cost$5,520
Filing and Contact Details

Filer

Filer Name
Nc Captive Insurance Association
EIN
46-1310027
Address
151 CREST ROAD, SOUTHERN PINES, NC 28387

Signing Officer

Name
Thomas L Adams
Title
President & CEO
Phone
9106847379
Signed
2019-04-24
Discuss with paid preparer
Yes

Preparer

Firm
Butler & Stowe
Address
PO BOX 2379, GASTONIA, NC 28053-2379
Preparer
Dm Payseur CPA
Phone
7048648311
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses bank fees 1,720 office expense 763 board of directors t & e 1,424 lobbyist per diem expense 520 travel expense 6 insurance 2,072 annual conference expense 56,157 government fees 1,008 non-investment depreciation 552 total 64,222

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 1,800 2,270 equipment 5,407 5,757 less accumulated depreciation 193 746 total 7,014 7,281

Form 990-ez, Part II, Line 26

Due to seaboard association mgmt svc 17,142 21,353

Form 990-ez, Part III

Maintain professional and best practices in the captive insurance industry through representation (the association will represent member companies and affiliates before federal and state legislatures and regulators in north carolina.), education (the association will educate member organization staff and the public at large about the captive insurance industry.), and administration of the nc captive insurance association.

Raw XML Appendix140 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/BooksInCareOfDetail/PhoneNum09107251855
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SOUTHERN PINES
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028387
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RICHARD LANE BROWN III
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LEON RIVES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DAN REPPERT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4D MICHAEL PAYSEUR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5LEA RIDDLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JEREMY COLOMBIK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7MARTIN EVELEIGH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8JONATHAN REICH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT &
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE CHAIRMA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/OtherAssetsTotalDetail/BOYAmt07014
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IRS990EZ/OtherExpensesTotalAmt064222
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0MAINTAIN PROFESSIONAL AND BEST PRACTICES IN THE CAPTIVE INSURANCE INDUSTRY THROUGH REPRESENTATION (THE ASSOCIATION WILL REPRESENT MEMBER COMPANIES AND AFFILIATES BEFORE FEDERAL AND STATE LEGISLATURES AND REGULATORS IN NORTH CAROLINA.), EDUCATION (THE ASSOCIATION WILL EDUCATE MEMBER ORGANIZATION STAFF AND THE PUBLIC AT LARGE ABOUT THE CAPTIVE INSURANCE INDUSTRY.), AND ADMINISTRATION OF THE NC CAPTIVE INSURANCE ASSOCIATION.
IRS990EZ/ProgramServiceRevenueAmt0128298
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NC
IRS990EZ/SubjectToProxyTaxInd0true
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IRS990EZ/TotalExpensesAmt0163236
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IRS990EZ/TypeOfOrganizationAssocInd0X
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IRS990ScheduleC/AggregateReportedDuesNtcAmt013458
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IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt05520
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IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleC/TaxableAmt0-696
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES BANK FEES 1,720 OFFICE EXPENSE 763 BOARD OF DIRECTORS T & E 1,424 LOBBYIST PER DIEM EXPENSE 520 TRAVEL EXPENSE 6 INSURANCE 2,072 ANNUAL CONFERENCE EXPENSE 56,157 GOVERNMENT FEES 1,008 NON-INVESTMENT DEPRECIATION 552 TOTAL 64,222
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PREPAID EXPENSES AND DEFERRED CHARGES 1,800 2,270 EQUIPMENT 5,407 5,757 LESS ACCUMULATED DEPRECIATION 193 746 TOTAL 7,014 7,281
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DUE TO SEABOARD ASSOCIATION MGMT SVC 17,142 21,353
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MAINTAIN PROFESSIONAL AND BEST PRACTICES IN THE CAPTIVE INSURANCE INDUSTRY THROUGH REPRESENTATION (THE ASSOCIATION WILL REPRESENT MEMBER COMPANIES AND AFFILIATES BEFORE FEDERAL AND STATE LEGISLATURES AND REGULATORS IN NORTH CAROLINA.), EDUCATION (THE ASSOCIATION WILL EDUCATE MEMBER ORGANIZATION STAFF AND THE PUBLIC AT LARGE ABOUT THE CAPTIVE INSURANCE INDUSTRY.), AND ADMINISTRATION OF THE NC CAPTIVE INSURANCE ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0280532379
ReturnHeader/PreparerPersonGrp/PhoneNum07048648311
ReturnHeader/PreparerPersonGrp/PreparationDt02019-04-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DM PAYSEUR CPA
ReturnHeader/ReturnTs02019-05-14T10:36:48-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.05$0.30$0.74$2.47$2.42$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.92$0.22$0.70$2.78$2.73$0.05
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.84$0.19$0.64$2.17$2.10$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.84$0.27$0.57$2.13$1.93$0.21
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.87$0.51$0.36$0.43$0.79$0.36
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.97$0.26$0.72$1.74$1.58$0.16
2018Detailed filing. Detailed filing data is available for this year.$0.77$0.21$0.55$1.82$1.63$0.19
2018Detailed filing. Detailed filing data is available for this year.$0.77$0.21$0.55$1.82$1.63$0.19
2017Detailed filing. Detailed filing data is available for this year.$0.54$0.17$0.36$1.72$1.60$0.12
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.50$0.25$0.24$1.80$1.67$0.13
2015Detailed filing. Detailed filing data is available for this year.$0.11$0.11$1.26$1.29$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.14$0.14$0.75$0.76$0.01
Peer Organizations

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