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Employer Identification Number 23-7355707

NORTH CAROLINA INSURANCE GUARANTY ASSOCIATION is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:NORTH CAROLINA INSURANCE GUARANTY ASSOCIATION
Employer identification number (EIN):23-7355707
EIN TypeTrusts, Estates, and Non-Profit/Exempt Organizations under the Tax Equity and Fiscal Responsibility Act (TEFRA)
EIN Issuing AuthorityBrookhaven, NY
NAIC Classification:524290
401k Pension/Benefits registration NORTH CAROLINA INSURANCE GUARANTY ASSOCIATION 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementTHE PURPOSE OF THE NORTH CAROLINA INSURANCE GUARANTY ASSOCIATION IS TO PROVIDE A MECHANISM FOR THE PAYMENT OF COVERED CLAIMS UNDER CERTAIN INSURANCE POLICIES, TO AVOID EXCESSIVE DELAY IN PAYMENT, AND TO AVOID FINANCIAL LOSS TO CLAIMANTS OF POLICYHOLDERS BECAUSE OF THE INSOLVENCY OF AN INSURER, TO ASSIST IN THE DETECTION AND PREVENTION OF INSURER INSOLVENCIES, AND TO PROVIDE AN ASSOCIATION TO ASSESS THE LOSS OF SUCH PROTECTION AMONG INSURERS.
Number of Employees13
Number of Volunteers7
Year Formed1971

Organization Governance

Legal DomicileNC
Voting Members - Governing Body7
Voting Members - Independent7

Organization Financials

2024-12-31
Total unrelated business incomeUSD $ -2,129
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 28,602,008
Program Service Revenue from current yearUSD $ 13,319,738
Investment Income from prior yearUSD $ 2,882,707
Investment Income from current yearUSD $ 2,673,512
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 87,758,467
Net assets / fund balances at end of fiscal yearUSD $ 123,336,163
Net assets / fund balances at beginning of fiscal yearUSD $ 131,600,660
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 123,336,163
Total assets at beginning of fiscal yearUSD $ 131,600,660
Revenues less expenses for current yearUSD $ -8,266,626
Revenues less expenses for previous yearUSD $ 14,985,357
Total expenses for current yearUSD $ 24,259,876
Total expenses for previous yearUSD $ 16,499,358
Other expenses in current yearUSD $ 20,623,973
Other expenses in previous yearUSD $ 12,911,660
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 3,635,903
Employee salary and benefits paid in previous yearUSD $ 3,587,698
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 15,993,250
Total revenue in previous fiscal yearUSD $ 31,484,715
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2023-12-31
Total unrelated business incomeUSD $ -1,432
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 22,632,186
Program Service Revenue from current yearUSD $ 28,602,008
Investment Income from prior yearUSD $ 2,659,484
Investment Income from current yearUSD $ 2,882,707
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 96,941,795
Net assets / fund balances at end of fiscal yearUSD $ 131,600,660
Net assets / fund balances at beginning of fiscal yearUSD $ 116,615,303
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 131,600,660
Total assets at beginning of fiscal yearUSD $ 116,615,303
Revenues less expenses for current yearUSD $ 14,985,357
Revenues less expenses for previous yearUSD $ -3,879,418
Total expenses for current yearUSD $ 16,499,358
Total expenses for previous yearUSD $ 29,171,088
Other expenses in current yearUSD $ 12,911,660
Other expenses in previous yearUSD $ 26,423,731
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 3,587,698
Employee salary and benefits paid in previous yearUSD $ 2,747,357
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 31,484,715
Total revenue in previous fiscal yearUSD $ 25,291,670
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2022-12-31
Total unrelated business incomeUSD $ 1,376
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 19,442,550
Program Service Revenue from current yearUSD $ 22,632,186
Investment Income from prior yearUSD $ 2,651,633
Investment Income from current yearUSD $ 2,659,484
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 43,829,571
Net assets / fund balances at end of fiscal yearUSD $ 116,615,303
Net assets / fund balances at beginning of fiscal yearUSD $ 120,494,721
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 116,615,303
Total assets at beginning of fiscal yearUSD $ 120,494,721
Revenues less expenses for current yearUSD $ -3,879,418
Revenues less expenses for previous yearUSD $ 9,682,276
Total expenses for current yearUSD $ 29,171,088
Total expenses for previous yearUSD $ 12,411,907
Other expenses in current yearUSD $ 26,423,731
Other expenses in previous yearUSD $ 9,563,344
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,747,357
Employee salary and benefits paid in previous yearUSD $ 2,848,563
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 25,291,670
Total revenue in previous fiscal yearUSD $ 22,094,183
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2021-12-31
Total unrelated business incomeUSD $ -35
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 25,159,906
Program Service Revenue from current yearUSD $ 19,442,550
Investment Income from prior yearUSD $ 2,797,767
Investment Income from current yearUSD $ 2,651,633
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 32,139,306
Net assets / fund balances at end of fiscal yearUSD $ 120,494,721
Net assets / fund balances at beginning of fiscal yearUSD $ 110,812,445
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 120,494,721
Total assets at beginning of fiscal yearUSD $ 110,812,445
Revenues less expenses for current yearUSD $ 9,682,276
Revenues less expenses for previous yearUSD $ 8,587,358
Total expenses for current yearUSD $ 12,411,907
Total expenses for previous yearUSD $ 19,370,315
Other expenses in current yearUSD $ 9,563,344
Other expenses in previous yearUSD $ 16,681,652
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,848,563
Employee salary and benefits paid in previous yearUSD $ 2,688,663
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 22,094,183
Total revenue in previous fiscal yearUSD $ 27,957,673
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2020-12-31
Total unrelated business incomeUSD $ 131
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 16,931,266
Program Service Revenue from current yearUSD $ 25,159,906
Investment Income from prior yearUSD $ 1,959,625
Investment Income from current yearUSD $ 2,797,767
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 42,191,006
Net assets / fund balances at end of fiscal yearUSD $ 110,812,445
Net assets / fund balances at beginning of fiscal yearUSD $ 102,225,087
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 110,812,445
Total assets at beginning of fiscal yearUSD $ 102,225,087
Revenues less expenses for current yearUSD $ 8,587,358
Revenues less expenses for previous yearUSD $ -2,440,543
Total expenses for current yearUSD $ 19,370,315
Total expenses for previous yearUSD $ 21,331,434
Other expenses in current yearUSD $ 16,681,652
Other expenses in previous yearUSD $ 18,564,171
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,688,663
Employee salary and benefits paid in previous yearUSD $ 2,767,263
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 27,957,673
Total revenue in previous fiscal yearUSD $ 18,890,891
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2018-12-31
Total unrelated business incomeUSD $ -474
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 8,500,666
Program Service Revenue from current yearUSD $ 44,074,277
Investment Income from prior yearUSD $ 1,429,460
Investment Income from current yearUSD $ 1,424,398
Other Revenue from prior yearUSD $ 1,774,891
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 45,731,420
Net assets / fund balances at end of fiscal yearUSD $ 104,665,630
Net assets / fund balances at beginning of fiscal yearUSD $ 75,877,238
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 104,665,630
Total assets at beginning of fiscal yearUSD $ 75,877,238
Revenues less expenses for current yearUSD $ 28,788,392
Revenues less expenses for previous yearUSD $ -4,695,232
Total expenses for current yearUSD $ 16,710,283
Total expenses for previous yearUSD $ 16,400,249
Other expenses in current yearUSD $ 14,372,305
Other expenses in previous yearUSD $ 14,456,829
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,337,978
Employee salary and benefits paid in previous yearUSD $ 1,943,420
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 45,498,675
Total revenue in previous fiscal yearUSD $ 11,705,017
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2015-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 10,500,836
Program Service Revenue from current yearUSD $ 10,392,218
Investment Income from prior yearUSD $ 1,374,371
Investment Income from current yearUSD $ 1,289,203
Other Revenue from prior yearUSD $ 6,127,623
Other Revenue from current yearUSD $ 13,478,718
Gross receipts from all sourcesUSD $ 25,160,139
Net assets / fund balances at end of fiscal yearUSD $ 9,510,530
Net assets / fund balances at beginning of fiscal yearUSD $ 3,027,645
Total liabilities at end of fiscal yearUSD $ 78,676,673
Total liabilities at beginning of fiscal yearUSD $ 78,716,582
Total assets at end of fiscal yearUSD $ 88,187,203
Total assets at beginning of fiscal yearUSD $ 81,744,227
Revenues less expenses for current yearUSD $ 6,308,147
Revenues less expenses for previous yearUSD $ 2,679,476
Total expenses for current yearUSD $ 18,851,992
Total expenses for previous yearUSD $ 15,323,354
Other expenses in current yearUSD $ 17,163,330
Other expenses in previous yearUSD $ 13,754,706
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,688,662
Employee salary and benefits paid in previous yearUSD $ 1,568,648
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 25,160,139
Total revenue in previous fiscal yearUSD $ 18,002,830
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 13,478,718

Other Company Names associated with EIN

North Carolina Ins Guaranty Association
NORTH CAROLINA INSURANCE GUARANTY ASSOCI
NORTH CAROLINA INSURANCE GUARANTY

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 237355707

USA Mailing Address
2910 SUMNER BLVD.
RALEIGH
NC
27616
Date first seen: 2007-01-01
Date last seen: 2026-02-24
USA Mailing Address
5401 SIX FORKS ROAD
RALEIGH
NC
27609
Date first seen: 2007-01-01
Date last seen: 2026-01-31
USA Location Address
5401 SIX FORKS ROAD
RALEIGH
NC
27609
Date first seen: 2007-01-01
Date last seen: 2026-01-31
USA Mailing Address
4140 PARKLAKE AVE 320
RALEIGH
NC
27612
Date first seen: 2007-01-01
Date last seen: 2025-12-31
USA Mailing Address
4140 PARKLAKE AVENUE,
SUITE 320
RALEIGH
NC
27612
Date first seen: 2007-01-01
Date last seen: 2026-07-10

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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