Liabilities / Assets
93rd percentile
Higher debt load relative to assets than 93% of similar nonprofits.
North Carolina Joint Underwriting Association
990 • Fiscal year 2011 • EIN 56-1222676
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
1.15x
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
6th percentile
Faster asset growth than 6% of similar nonprofits.
Revenue Growth
Score unavailable
No valid filing value is available for this score.
Balance Sheet
Assets
Down$32,349,283
Down $15,362,086 (-32%) from 2010
Net Assets
Down-$4,739,074
Down $31,579,807 (-118%) from 2010
Liabilities
Up$37,088,357
Up $16,217,721 (+78%) from 2010
Revenue And Expenses
Revenue
-
No earlier filing loaded for comparison.
Expenses
Up$47,848,627
Up $30,055,241 (+169%) from 2010
Net Income
-
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Oct 1, 2010 to Sep 30, 2011
- Signed
- May 11, 2012
- Return Version
- 2010v3.7
- Gross Receipts
- $16,220,964
Mission and Program Overview
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.
Filing and Contact Details
Filer
- EIN
- 56-1222676
Raw XML AppendixShowing 400 of 481 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.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReview | 0 | false |
| IRS990/AccountsPayableAccruedExpenses/BOY | 0 | 3866393 |
| IRS990/AccountsPayableAccruedExpenses/EOY | 0 | 2371877 |
| IRS990/AccountsReceivable/BOY | 0 | 45930 |
| IRS990/AccountsReceivable/EOY | 0 | 239225 |
| IRS990/ActivitiesConductedPartnership | 0 | false |
| IRS990/ActivityOrMissionDescription | 0 | See Schedule O |
| IRS990/AddressPrincipalOfficerUS/AddressLine1 | 0 | 5520 Dillard Drive |
| IRS990/AddressPrincipalOfficerUS/AddressLine2 | 0 | Suite 180 |
| IRS990/AddressPrincipalOfficerUS/City | 0 | Cary |
| IRS990/AddressPrincipalOfficerUS/State | 0 | NC |
| IRS990/AddressPrincipalOfficerUS/ZIPCode | 0 | 27518 |
| IRS990/AllAffiliatesIncluded | 0 | false |
| IRS990/AllOtherExpenses/ProgramServices | 0 | 405478 |
| IRS990/AllOtherExpenses/Total | 0 | 405478 |
| IRS990/AnnualDisclosureCoveredPersons | 0 | true |
| IRS990/AuditCommittee | 0 | true |
| IRS990/BenefitsPaidToMembersCY | 0 | 0 |
| IRS990/BsnssRltnshpThruFamilyMember | 0 | false |
| IRS990/BsnssRltnshpWithOrganization | 0 | true |
| IRS990/CashNonInterestBearing/BOY | 0 | 3319332 |
| IRS990/CashNonInterestBearing/EOY | 0 | -778210 |
| IRS990/ChangesToOrganizingDocs | 0 | false |
| IRS990/CollectionsOfArt | 0 | false |
| IRS990/CompensationFromOtherSources | 0 | false |
| IRS990/CompensationProcessCEO | 0 | false |
| IRS990/CompensationProcessOther | 0 | false |
| IRS990/ComplianceWithBackupWitholding | 0 | true |
| IRS990/ConferencesMeetings/ProgramServices | 0 | 33710 |
| IRS990/ConferencesMeetings/Total | 0 | 33710 |
| IRS990/ConflictOfInterestPolicy | 0 | true |
| IRS990/ConservationEasements | 0 | false |
| IRS990/ConsolidatedAuditFinancialStmt | 0 | false |
| IRS990/ContractorCompensation/AddressOfContractor/AddressUS/AddressLine1 | 0 | 1204 Collington Drive |
| IRS990/ContractorCompensation/AddressOfContractor/AddressUS/City | 0 | Cary |
| IRS990/ContractorCompensation/AddressOfContractor/AddressUS/State | 0 | NC |
| IRS990/ContractorCompensation/AddressOfContractor/AddressUS/ZIPCode | 0 | 27511 |
| IRS990/ContractorCompensation/Compensation | 0 | 115123 |
| IRS990/ContractorCompensation/DescriptionOfServices | 0 | Inspector |
| IRS990/ContractorCompensation/NameOfContractor/NamePerson | 0 | Willaim D Lanier |
| IRS990/ContributionsGrantsCurrentYear | 0 | 0 |
| IRS990/CreditCounseling | 0 | false |
| IRS990/DecisionsSubjectToApproval | 0 | true |
| IRS990/DeductibleContributionsOfArt | 0 | false |
| IRS990/DeductibleNonCashContributions | 0 | false |
| IRS990/DelegationOfManagementDuties | 0 | false |
| IRS990/DepreciationDepletion/ProgramServices | 0 | 153108 |
| IRS990/DepreciationDepletion/Total | 0 | 153108 |
| IRS990/DescribedIn501C3 | 0 | false |
| IRS990/Description | 0 | Conducted business by providing property insurance to individuals and businesses who were unable to buy it in the standard market throughout the fiscal year October 1, 2010 to September 30, 2011. |
| IRS990/DisregardedEntity | 0 | false |
| IRS990/DistributionToDonor | 0 | false |
| IRS990/DocumentRetentionPolicy | 0 | true |
| IRS990/DonorAdvisedFunds | 0 | false |
| IRS990/DoNotFollowSFAS117 | 0 | X |
| IRS990/ElectionOfBoardMembers | 0 | true |
| IRS990/EmploymentTaxReturnsFiled | 0 | true |
| IRS990/EscrowAccount | 0 | false |
| IRS990/ExcessBenefitTransaction | 0 | false |
| IRS990/ExcessBusinessHoldings | 0 | false |
| IRS990/Expense | 0 | 47848627 |
| IRS990/FamilyOrBusinessRelationship | 0 | false |
| IRS990/FederalGrantAuditPerformed | 0 | false |
| IRS990/FederalGrantAuditRequired | 0 | false |
| IRS990/FeesForServicesAccounting/ProgramServices | 0 | 47996 |
| IRS990/FeesForServicesAccounting/Total | 0 | 47996 |
| IRS990/FeesForServicesLegal/ProgramServices | 0 | 73131 |
| IRS990/FeesForServicesLegal/Total | 0 | 73131 |
| IRS990/FiledLieu1041 | 0 | false |
| IRS990/FinancialStatementSeparate | 0 | X |
| IRS990/ForeignActivities | 0 | false |
| IRS990/ForeignFinancialAccount | 0 | false |
| IRS990/ForeignOffice | 0 | false |
| IRS990/Form1098CFiled | 0 | false |
| IRS990/Form720Filed | 0 | false |
| IRS990/Form8282PropertyDisposedOf | 0 | false |
| IRS990/Form8886TFiled | 0 | false |
| IRS990/Form8899Filed | 0 | false |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 0 | 38.00 |
| IRS990/Form990PartVIISectionA/HighestCompensatedEmployee | 0 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 0 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 1 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 2 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 3 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 4 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 5 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 6 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 7 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 8 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 9 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 10 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 11 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 12 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 13 | X |
| IRS990/Form990PartVIISectionA/KeyEmployee | 0 | X |
| IRS990/Form990PartVIISectionA/NameBusiness/BusinessNameLine1 | 0 | Auto-Owners Insurance |
| IRS990/Form990PartVIISectionA/NameBusiness/BusinessNameLine1 | 1 | Allstate Insurance Company |
| IRS990/Form990PartVIISectionA/NameBusiness/BusinessNameLine1 | 2 | State Farm Fire Casualty Company |
| IRS990/Form990PartVIISectionA/NameBusiness/BusinessNameLine1 | 3 | Travelers |
| IRS990/Form990PartVIISectionA/NameBusiness/BusinessNameLine1 | 4 | Nationwide Mutual Insurance Company |
| IRS990/Form990PartVIISectionA/NameBusiness/BusinessNameLine1 | 5 | NC Farm Bureau Mutual Insurance |
| IRS990/Form990PartVIISectionA/NameBusiness/BusinessNameLine1 | 6 | The Hartford |
| IRS990/Form990PartVIISectionA/NamePerson | 0 | Elmer Midgett |
| IRS990/Form990PartVIISectionA/NamePerson | 1 | James E Goins |
| IRS990/Form990PartVIISectionA/NamePerson | 2 | Richard Heckle |
| IRS990/Form990PartVIISectionA/NamePerson | 3 | Murray White III |
| IRS990/Form990PartVIISectionA/NamePerson | 4 | Theresa Judge |
| IRS990/Form990PartVIISectionA/NamePerson | 5 | Brad Lovin |
| IRS990/Form990PartVIISectionA/NamePerson | 6 | Melaine Cook |
| IRS990/Form990PartVIISectionA/NamePerson | 7 | Dewey Meshaw |
| IRS990/Form990PartVIISectionA/Officer | 0 | X |
| IRS990/Form990PartVIISectionA/Officer | 1 | X |
| IRS990/Form990PartVIISectionA/Officer | 2 | X |
| IRS990/Form990PartVIISectionA/OtherCompensation | 0 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 1 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 2 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 3 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 4 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 5 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 6 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 7 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 8 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 9 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 10 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 11 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 12 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 13 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 14 | 48450 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 0 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 1 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 2 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 3 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 4 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 5 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 6 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 7 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 8 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 9 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 10 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 11 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 12 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 13 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 14 | 191039 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 0 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 1 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 2 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 3 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 4 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 5 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 6 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 7 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 8 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 9 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 10 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 11 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 12 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 13 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 14 | 0 |
| IRS990/Form990PartVIISectionA/Title | 0 | General Manager |
| IRS990/Form990ProvidedToGoverningBody | 0 | false |
| IRS990/Form990-TFiled | 0 | false |
| IRS990/FormersListed | 0 | false |
| IRS990/FSAudited | 0 | true |
| IRS990/FundraisingActivities | 0 | false |
| IRS990/FundsToPayPremiums | 0 | false |
| IRS990/Gaming | 0 | false |
| IRS990/GrantsAndSimilarAmntsCY | 0 | 0 |
| IRS990/GrantsToIndividuals | 0 | false |
| IRS990/GrantsToOrganizations | 0 | false |
| IRS990/GrantToRelatedPerson | 0 | false |
| IRS990/GrossReceipts | 0 | 16220964 |
| IRS990/GroupReturnForAffiliates | 0 | false |
| IRS990/Hospital | 0 | false |
| IRS990/IndependentAuditFinancialStmt | 0 | false |
| IRS990/IndoorTanningServices | 0 | false |
| IRS990/InfoInScheduleOPartIII | 0 | X |
| IRS990/InfoInScheduleOPartVI | 0 | X |
| IRS990/InformationTechnology/ProgramServices | 0 | 154664 |
| IRS990/InformationTechnology/Total | 0 | 154664 |
| IRS990/Insurance/ProgramServices | 0 | 12295 |
| IRS990/Insurance/Total | 0 | 12295 |
| IRS990/InvestmentIncomeCurrentYear | 0 | 1502084 |
| IRS990/InvestmentIncomePriorYear | 0 | 1087329 |
| IRS990/InvestmentIncome/RelatedOrExemptFunctionIncome | 0 | 1502084 |
| IRS990/InvestmentIncome/TotalRevenueColumn | 0 | 1502084 |
| IRS990/InvestmentInJointVenture | 0 | false |
| IRS990/InvestmentsPubTradedSecurities/BOY | 0 | 44281204 |
| IRS990/InvestmentsPubTradedSecurities/EOY | 0 | 32816144 |
| IRS990/InvestTaxExemptBonds | 0 | false |
| IRS990/LandBldgEquipmentAccumDeprec | 0 | 651343 |
| IRS990/LandBuildingsEquipmentBasis | 0 | 723467 |
| IRS990/LandBuildingsEquipmentBasisNet/BOY | 0 | 64903 |
| IRS990/LandBuildingsEquipmentBasisNet/EOY | 0 | 72124 |
| IRS990/LicensedMoreThanOneState | 0 | false |
| IRS990/LoanToOfficerOrDQP | 0 | false |
| IRS990/LobbyingActivities | 0 | false |
| IRS990/LocalChapters | 0 | false |
| IRS990/MaterialDiversionOrMisuse | 0 | false |
| IRS990/MembersOrStockholders | 0 | true |
| IRS990/MethodOfAccountingAccrual | 0 | X |
| IRS990/MinutesOfCommittees | 0 | true |
| IRS990/MinutesOfGoverningBody | 0 | true |
| IRS990/MissionDescription | 0 | See Schedule O |
| IRS990/MoreThan5000KToIndividuals | 0 | false |
| IRS990/MoreThan5000KToOrganizations | 0 | false |
| IRS990/NameOfPrincipalOfficerBusiness/BusinessNameLine1 | 0 | North Joint Underwriting Association |
| IRS990/NbrIndependentVotingMembers | 0 | 14 |
| IRS990/NbrVotingGoverningBodyMembers | 0 | 14 |
| IRS990/NbrVotingMembersGoverningBody | 0 | 14 |
| IRS990/NetAssetsOrFundBalancesBOY | 0 | 26840733 |
| IRS990/NetAssetsOrFundBalancesEOY | 0 | -4739074 |
| IRS990/NetIncomeFromFundraisingEvents/TotalRevenueColumn | 0 | 0 |
| IRS990/NonDeductibleContributions | 0 | false |
| IRS990/NonDeductibleDisclosure | 0 | false |
| IRS990/NumberFormsTransmittedWith1096 | 0 | 877 |
| IRS990/NumberIndependentVotingMembers | 0 | 14 |
| IRS990/NumberIndividualsGT100K | 0 | 1 |
| IRS990/NumberOfContractorsGT100K | 0 | 1 |
| IRS990/NumberOfEmployees | 0 | 71 |
| IRS990/NumberW2GIncluded | 0 | 0 |
| IRS990/Occupancy/ProgramServices | 0 | 92283 |
| IRS990/Occupancy/Total | 0 | 92283 |
| IRS990/OfficeExpenses/ProgramServices | 0 | 3462 |
| IRS990/OfficeExpenses/Total | 0 | 3462 |
| IRS990/OfficerEntityWithBsnssRltnshp | 0 | false |
| IRS990/OfficerMailingAddress | 0 | false |
| IRS990/OnBehalfOfIssuer | 0 | false |
| IRS990/Organization501c | 0 | X |
| IRS990/OtherEmployeeBenefits/ProgramServices | 0 | 176271 |
| IRS990/OtherEmployeeBenefits/Total | 0 | 176271 |
| IRS990/OtherExpensePriorYear | 0 | 16798459 |
| IRS990/OtherExpensesCurrentYear | 0 | 46863021 |
| IRS990/OtherExpenses/Description | 0 | Paid Loss And Loss Adjustment Expense |
| IRS990/OtherExpenses/Description | 1 | Commission |
| IRS990/OtherExpenses/Description | 2 | Premium Tax |
| IRS990/OtherExpenses/Description | 3 | Surveys And Inspections |
| IRS990/OtherExpenses/Description | 4 | Postage |
| IRS990/OtherExpenses/ProgramServices | 0 | 40956814 |
| IRS990/OtherExpenses/ProgramServices | 1 | 3780665 |
| IRS990/OtherExpenses/ProgramServices | 2 | 697226 |
| IRS990/OtherExpenses/ProgramServices | 3 | 311787 |
| IRS990/OtherExpenses/ProgramServices | 4 | 139635 |
| IRS990/OtherExpenses/Total | 0 | 40956814 |
| IRS990/OtherExpenses/Total | 1 | 3780665 |
| IRS990/OtherExpenses/Total | 2 | 697226 |
| IRS990/OtherExpenses/Total | 3 | 311787 |
| IRS990/OtherExpenses/Total | 4 | 139635 |
| IRS990/OtherLiabilities/BOY | 0 | 17004243 |
| IRS990/OtherLiabilities/EOY | 0 | 34716480 |
| IRS990/OtherRevenueCurrentYear | 0 | 32118 |
| IRS990/OtherRevenueMisc/BusinessCode | 0 | 524298 |
| IRS990/OtherRevenueMisc/Description | 0 | Miscellaneous |
| IRS990/OtherRevenueMisc/RelatedOrExemptFunctionIncome | 0 | 32118 |
| IRS990/OtherRevenueMisc/TotalRevenueColumn | 0 | 32118 |
| IRS990/OtherRevenuePriorYear | 0 | 29 |
| IRS990/OtherSalariesAndWages/ProgramServices | 0 | 664776 |
| IRS990/OtherSalariesAndWages/Total | 0 | 664776 |
| IRS990/PartialLiquidation | 0 | false |
| IRS990/PayrollTaxes/ProgramServices | 0 | 52071 |
| IRS990/PayrollTaxes/Total | 0 | 52071 |
| IRS990/PensionPlanContributions/ProgramServices | 0 | 92488 |
| IRS990/PensionPlanContributions/Total | 0 | 92488 |
| IRS990/PoliciesReferenceChapters | 0 | false |
| IRS990/PoliticalActivities | 0 | false |
| IRS990/PremiumsPaid | 0 | false |
| IRS990/PriorExcessBenefitTransaction | 0 | false |
| IRS990/ProfessionalFundraising | 0 | false |
| IRS990/ProgramServiceRevenue/BusinessCode | 0 | 524298 |
| IRS990/ProgramServiceRevenue/BusinessCode | 1 | 524298 |
| IRS990/ProgramServiceRevenue/BusinessCode | 2 | 524298 |
| IRS990/ProgramServiceRevenueCY | 0 | 14686762 |
| IRS990/ProgramServiceRevenue/Description | 0 | Premiums - Property Insurance |
| IRS990/ProgramServiceRevenue/Description | 1 | Change in Unearned Premium Reserve |
| IRS990/ProgramServiceRevenue/Description | 2 | Reinsurance |
| IRS990/ProgramServiceRevenuePriorYear | 0 | 17476983 |
| IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome | 0 | 25589193 |
| IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome | 1 | 63398 |
| IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome | 2 | -10965829 |
| IRS990/ProgramServiceRevenue/TotalRevenueColumn | 0 | 25589193 |
| IRS990/ProgramServiceRevenue/TotalRevenueColumn | 1 | 63398 |
| IRS990/ProgramServiceRevenue/TotalRevenueColumn | 2 | -10965829 |
| IRS990/ProhibitedTaxShelterTrans | 0 | false |
| IRS990/QuidProQuoContributions | 0 | false |
| IRS990/QuidProQuoDisclosure | 0 | false |
| IRS990/ReconcilationRevenueExpenses | 0 | -31627663 |
| IRS990/RegularMonitoringEnforcement | 0 | true |
| IRS990/RelatedEntity | 0 | true |
| IRS990/RelatedOrgControlledEntity | 0 | false |
| IRS990/ReportFin48Footnote | 0 | false |
| IRS990/ReportInvestOthSecurities | 0 | false |
| IRS990/ReportLandBldgEquip | 0 | true |
| IRS990/ReportOtherAssets | 0 | false |
| IRS990/ReportOtherLiabilities | 0 | true |
| IRS990/ReportProgRelInvest | 0 | false |
| IRS990/RetainedEarningsEndowmentEtc/BOY | 0 | 26840733 |
| IRS990/RetainedEarningsEndowmentEtc/EOY | 0 | -4739074 |
| IRS990/Revenue | 0 | 16220964 |
| IRS990/RevenuesLessExpensesCY | 0 | -31627663 |
| IRS990/RevenuesLessExpensesPriorYear | 0 | 770955 |
| IRS990/SalariesEtcCurrentYear | 0 | 985606 |
| IRS990/SalariesEtcPriorYear | 0 | 994927 |
| IRS990/ScheduleBRequired | 0 | false |
| IRS990ScheduleC/AgreeToCarryoverPriorYear | 0 | false |
| IRS990ScheduleC/CorrectionMade | 0 | false |
| IRS990ScheduleC/DirectContactLegislators | 0 | false |
| IRS990ScheduleC/Form1120PolFiled | 0 | false |
| IRS990ScheduleC/Form4720Filed | 0 | false |
| IRS990ScheduleC/Form4720Filed4912Tax | 0 | false |
| IRS990ScheduleC/Form4720Filed4955Tax | 0 | false |
| IRS990ScheduleC/GrantsOtherOrganizations | 0 | false |
| IRS990ScheduleC/MailingsMembers | 0 | false |
| IRS990ScheduleC/MediaAdvertisements | 0 | false |
| IRS990ScheduleC/NotDescribedIn501c3 | 0 | false |
| IRS990ScheduleC/OnlyInHouseLobbying | 0 | false |
| IRS990ScheduleC/OtherActivities | 0 | false |
| IRS990ScheduleC/PaidStaffOrManagement | 0 | false |
| IRS990ScheduleC/PublicationsOrBroadcast | 0 | false |
| IRS990ScheduleC/RalliesDemonstrations | 0 | false |
| IRS990ScheduleC/SubstantiallyAllDuesNondeduct | 0 | false |
| IRS990ScheduleC/Volunteers | 0 | false |
| IRS990ScheduleD/AgentTrusteeEtc | 0 | false |
| IRS990ScheduleD/AreRelatedOrgsListedScheduleR | 0 | false |
| IRS990ScheduleD/DisclosedForCharitablePurposes | 0 | false |
| IRS990ScheduleD/DisclosedOrgsLegalControl | 0 | false |
| IRS990ScheduleD/EndowmentsHeldByRelatedOrgs | 0 | false |
| IRS990ScheduleD/EndowmentsHeldByUnrelatedOrgs | 0 | false |
| IRS990ScheduleD/Equipment/BookValue | 0 | 72124 |
| IRS990ScheduleD/Equipment/Depreciation | 0 | 651343 |
| IRS990ScheduleD/Equipment/OtherCostOrOtherBasis | 0 | 723467 |
| IRS990ScheduleD/ExcessOrDeficitForYear | 0 | -31627663 |
| IRS990ScheduleD/ExcessOrDeficitPerFS | 0 | -31627663 |
| IRS990ScheduleD/IncludedOnFS | 0 | false |
| IRS990ScheduleD/OtherLiabilities/Amount | 0 | 19202859 |
| IRS990ScheduleD/OtherLiabilities/Amount | 1 | 2124823 |
| IRS990ScheduleD/OtherLiabilities/Amount | 2 | 13388798 |
| IRS990ScheduleD/OtherLiabilities/Description | 0 | Loss Reserves |
| IRS990ScheduleD/OtherLiabilities/Description | 1 | Loss Adjustment Expense Reserv |
| IRS990ScheduleD/OtherLiabilities/Description | 2 | Unearned Premium Reserve |
| IRS990ScheduleD/Sect170hRequirementsSatisfied | 0 | false |
| IRS990ScheduleD/SolicitedAssetsForSale | 0 | false |
| IRS990ScheduleD/TotalExpenses | 0 | 47848627 |
| IRS990ScheduleD/TotalOfAmounts | 0 | 34716480 |
| IRS990ScheduleD/TotalOfBookValueLandBuildings | 0 | 72124 |
| IRS990ScheduleD/TotalRevenue | 0 | 16220964 |
| IRS990ScheduleD/WrittenPolicyMonitoring | 0 | false |
| IRS990ScheduleJ/AnyNonFixedPayments | 0 | false |
| IRS990ScheduleJ/BoardOrCommitteeApproval | 0 | X |
| IRS990ScheduleJ/CompBasedNetEarningsFilingOrg | 0 | false |
| IRS990ScheduleJ/CompBasedNetEarningsRelateOrgs | 0 | false |
| IRS990ScheduleJ/CompBasedOnRevenueOfFilingOrg | 0 | false |
| IRS990ScheduleJ/CompBasedOnRevenueRelatedOrgs | 0 | false |
| IRS990ScheduleJ/EquityBasedCompArrangement | 0 | false |
| IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg | 0 | 191039 |
| IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990FilingOrg | 0 | 222833 |
| IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompFilingOrg | 0 | 35393 |
| IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson | 0 | Dewey Meshaw |
| IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg | 0 | 13057 |
| IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg | 0 | 239489 |
| IRS990ScheduleJ/InitialContractException | 0 | false |
| IRS990ScheduleJ/RebuttablePresumptionProcedure | 0 | false |
| IRS990/ScheduleJRequired | 0 | true |
| IRS990ScheduleJ/SeverancePayment | 0 | false |
| IRS990ScheduleJ/SubstantiationRequired | 0 | false |
| IRS990ScheduleJ/SupplementalNonqualRetirePlan | 0 | false |
| IRS990ScheduleJ/WrittenPolicyReTAndEExpenses | 0 | false |
| IRS990ScheduleL/Form990ScheduleLPartV/Explanation | 0 | All business transactions were under the reporting threshold as outlined for Scheduled L. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | Part I - (Question 1) and Part III - (Question 1) In 1969 the North Carolina General Assembly established the Association as a market of last resort to provide property insurance for indivduals 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 is regulated by the North Carolina Commissioner of Insurance. Part VI - Section A (Question 6) Every insurer authorized to write basic property insurance in North Carolina, except town and county mutual insurance associations and assessable mutual companies and except an insurer who only writes insurance on property exempted from taxation, shall be required to become and remain a member of the Association. Part VI - Section A (Question 7a) The Board of Directors consist of fourteen (14) members (seven {7} representatives from the insurance industry, four {4} licensed agents and three {3} from the general public). The agent and public representatives are appointed by the Commissioner of Insurance each year. The insurance industry representatives are nominted and approved by the Board of Directors each year. The seven (7) insurance industry Board members represent the remaining companies of the insurance industry by proxies. Part VI - Section A (Question 7b) All Plan of Operation and procedural changes must be approved by the Board of Directors with some company members providing their votes by proxies. Once these changes are aprroved by the Board of Directors, they are filed with the Commissioner of Insurance for approval. Part VI - Section B (Question 11b) The 990 is prepared by the Accounting Manager and is reviewed by the General Manager. The General Manager also serves as the Secretary and Treasurer for the Board of Directors. Part VI - Section B (Question 12c) Every year all Board of Directors and employees are required to sign a conflict of interest statement. These statements are reviewed for indication of conflicts. Part VI - Section B (Question 15) The Board of Directors hire and provides review and compensation for the General Manager. The General Manager approves hiring and compensation for all remaining employees. Part VI - Section C (Question 19) All governing documents and financial statements are available on the Association's website. |
| IRS990/ScheduleORequired | 0 | true |
| IRS990ScheduleR/ExchangeOfAssets | 0 | false |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine1 | 0 | 5520 Dillard Drive |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine2 | 0 | Suite 180 |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City | 0 | Cary |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State | 0 | NC |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode | 0 | 27518 |
| IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg | 0 | false |
| IRS990ScheduleR/Form990ScheduleRPartII/DirectControllingEntityNA | 0 | N/A |
| IRS990ScheduleR/Form990ScheduleRPartII/EIN | 0 | 237102759 |
| IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection | 0 | 501(C)(6) |
| IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState | 0 | NC |
| IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine1 | 0 | North Carolina Insurance Underwriting Association |
| IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities | 0 | Property Insurance in Coastal Area of North Carolina |
| IRS990ScheduleR/GiftGrantOrCapContrFrOtherOrg | 0 | false |
| IRS990ScheduleR/GiftGrantOrCapContrToOtherOrg | 0 | false |
| IRS990ScheduleR/LoansOrGuaranteesFromOtherOrg | 0 | false |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrg | 0 | false |
| IRS990ScheduleR/OtherTransferFromOtherOrg | 0 | false |
| IRS990ScheduleR/OtherTransferToOtherOrg | 0 | false |
| IRS990ScheduleR/PerformOfServicesByOtherOrgs | 0 | false |
| IRS990ScheduleR/PerformOfServicesForOtherOrgs | 0 | false |
| IRS990ScheduleR/PurchaseOfAssetsFromOtherOrg | 0 | false |
| IRS990ScheduleR/ReceiptOfIntAnnRentsRoyalties | 0 | false |
| IRS990ScheduleR/ReimbursementPaidByOtherOrg | 0 | true |
| IRS990ScheduleR/ReimbursementPaidToOtherOrg | 0 | true |
| IRS990ScheduleR/RentalOfFacilitiesFrOtherOrgs | 0 | false |
| IRS990ScheduleR/RentalOfFacilitiesToOtherOrgs | 0 | false |
| IRS990ScheduleR/SaleOfAssetsToOtherOrg | 0 | false |
| IRS990ScheduleR/SharingOfFacilities | 0 | true |
| IRS990ScheduleR/SharingOfPaidEmployees | 0 | true |
| IRS990/School | 0 | false |
| IRS990/SignificantChange | 0 | false |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2011 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $32,349,283
- Liabilities
- $37,088,357
- Net assets
- -$4,739,074
- Revenue
- -
- Expenses
- $47,848,627
- Net income
- -