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Employer Identification Number 56-1222676

NORTH CAROLINA JOINT UNDERWRITING 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 JOINT UNDERWRITING ASSOCIATION
Employer identification number (EIN):56-1222676
EIN Issuing AuthorityBrookhaven, NY
NAIC Classification:524290
401k Pension/Benefits registration NORTH CAROLINA JOINT UNDERWRITING 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 StatementIN 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.
Number of Employees116
Number of Volunteers0
Year Formed1969

Organization Governance

Legal DomicileNC
Voting Members - Governing Body14
Voting Members - Independent14

Organization Financials

2023-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 128,518,042
Program Service Revenue from current yearUSD $ 161,833,930
Investment Income from prior yearUSD $ 1,587,592
Investment Income from current yearUSD $ 3,045,590
Other Revenue from prior yearUSD $ 475,788
Other Revenue from current yearUSD $ 629,751
Gross receipts from all sourcesUSD $ 173,589,783
Net assets / fund balances at end of fiscal yearUSD $ 27,785,798
Net assets / fund balances at beginning of fiscal yearUSD $ 22,086,066
Total liabilities at end of fiscal yearUSD $ 149,802,357
Total liabilities at beginning of fiscal yearUSD $ 116,322,730
Total assets at end of fiscal yearUSD $ 177,588,155
Total assets at beginning of fiscal yearUSD $ 138,408,796
Revenues less expenses for current yearUSD $ 7,354,620
Revenues less expenses for previous yearUSD $ -3,608,557
Total expenses for current yearUSD $ 158,154,651
Total expenses for previous yearUSD $ 134,189,979
Other expenses in current yearUSD $ 151,032,619
Other expenses in previous yearUSD $ 126,672,622
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 $ 7,122,032
Employee salary and benefits paid in previous yearUSD $ 7,517,357
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 $ 165,509,271
Total revenue in previous fiscal yearUSD $ 130,581,422
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 629,751
2022-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 109,612,508
Program Service Revenue from current yearUSD $ 128,518,042
Investment Income from prior yearUSD $ 1,269,279
Investment Income from current yearUSD $ 1,587,592
Other Revenue from prior yearUSD $ 431,663
Other Revenue from current yearUSD $ 475,788
Gross receipts from all sourcesUSD $ 130,747,706
Net assets / fund balances at end of fiscal yearUSD $ 22,086,066
Net assets / fund balances at beginning of fiscal yearUSD $ 21,532,242
Total liabilities at end of fiscal yearUSD $ 116,322,730
Total liabilities at beginning of fiscal yearUSD $ 98,670,798
Total assets at end of fiscal yearUSD $ 138,408,796
Total assets at beginning of fiscal yearUSD $ 120,203,040
Revenues less expenses for current yearUSD $ -3,608,557
Revenues less expenses for previous yearUSD $ 1,402,202
Total expenses for current yearUSD $ 134,189,979
Total expenses for previous yearUSD $ 109,911,248
Other expenses in current yearUSD $ 126,672,622
Other expenses in previous yearUSD $ 103,114,623
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 $ 7,517,357
Employee salary and benefits paid in previous yearUSD $ 6,796,625
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 $ 130,581,422
Total revenue in previous fiscal yearUSD $ 111,313,450
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 475,788
2021-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 96,816,358
Program Service Revenue from current yearUSD $ 109,612,508
Investment Income from prior yearUSD $ 1,391,280
Investment Income from current yearUSD $ 1,269,279
Other Revenue from prior yearUSD $ 367,988
Other Revenue from current yearUSD $ 431,663
Gross receipts from all sourcesUSD $ 117,491,400
Net assets / fund balances at end of fiscal yearUSD $ 21,532,242
Net assets / fund balances at beginning of fiscal yearUSD $ 19,176,923
Total liabilities at end of fiscal yearUSD $ 98,670,798
Total liabilities at beginning of fiscal yearUSD $ 86,366,225
Total assets at end of fiscal yearUSD $ 120,203,040
Total assets at beginning of fiscal yearUSD $ 105,543,148
Revenues less expenses for current yearUSD $ 1,402,202
Revenues less expenses for previous yearUSD $ -14,992,191
Total expenses for current yearUSD $ 109,911,248
Total expenses for previous yearUSD $ 113,567,817
Other expenses in current yearUSD $ 103,114,623
Other expenses in previous yearUSD $ 106,719,467
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 $ 6,796,625
Employee salary and benefits paid in previous yearUSD $ 6,848,350
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 $ 111,313,450
Total revenue in previous fiscal yearUSD $ 98,575,626
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 431,663
2020-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 87,817,950
Program Service Revenue from current yearUSD $ 96,816,358
Investment Income from prior yearUSD $ 1,104,379
Investment Income from current yearUSD $ 1,391,280
Other Revenue from prior yearUSD $ 328,385
Other Revenue from current yearUSD $ 367,988
Gross receipts from all sourcesUSD $ 121,831,406
Net assets / fund balances at end of fiscal yearUSD $ 19,176,923
Net assets / fund balances at beginning of fiscal yearUSD $ 24,067,794
Total liabilities at end of fiscal yearUSD $ 86,366,225
Total liabilities at beginning of fiscal yearUSD $ 80,966,519
Total assets at end of fiscal yearUSD $ 105,543,148
Total assets at beginning of fiscal yearUSD $ 105,034,313
Revenues less expenses for current yearUSD $ -14,992,191
Revenues less expenses for previous yearUSD $ -9,881,603
Total expenses for current yearUSD $ 113,567,817
Total expenses for previous yearUSD $ 99,132,317
Other expenses in current yearUSD $ 106,719,467
Other expenses in previous yearUSD $ 92,704,882
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 $ 6,848,350
Employee salary and benefits paid in previous yearUSD $ 6,427,435
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 $ 98,575,626
Total revenue in previous fiscal yearUSD $ 89,250,714
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 367,988
2019-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 82,077,323
Program Service Revenue from current yearUSD $ 87,817,950
Investment Income from prior yearUSD $ 1,303,271
Investment Income from current yearUSD $ 1,104,379
Other Revenue from prior yearUSD $ 278,926
Other Revenue from current yearUSD $ 328,385
Gross receipts from all sourcesUSD $ 97,736,706
Net assets / fund balances at end of fiscal yearUSD $ 24,067,794
Net assets / fund balances at beginning of fiscal yearUSD $ 7,215,168
Total liabilities at end of fiscal yearUSD $ 80,966,519
Total liabilities at beginning of fiscal yearUSD $ 75,235,480
Total assets at end of fiscal yearUSD $ 105,034,313
Total assets at beginning of fiscal yearUSD $ 82,450,648
Revenues less expenses for current yearUSD $ -9,881,603
Revenues less expenses for previous yearUSD $ -120,660,369
Total expenses for current yearUSD $ 99,132,317
Total expenses for previous yearUSD $ 204,319,889
Other expenses in current yearUSD $ 92,704,882
Other expenses in previous yearUSD $ 198,735,994
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 $ 6,427,435
Employee salary and benefits paid in previous yearUSD $ 5,583,895
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 $ 89,250,714
Total revenue in previous fiscal yearUSD $ 83,659,520
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 328,385
2018-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 74,523,013
Program Service Revenue from current yearUSD $ 82,077,323
Investment Income from prior yearUSD $ 909,611
Investment Income from current yearUSD $ 1,303,271
Other Revenue from prior yearUSD $ 114,341
Other Revenue from current yearUSD $ 278,926
Gross receipts from all sourcesUSD $ 112,227,863
Net assets / fund balances at end of fiscal yearUSD $ 7,215,168
Net assets / fund balances at beginning of fiscal yearUSD $ 19,013,475
Total liabilities at end of fiscal yearUSD $ 75,235,480
Total liabilities at beginning of fiscal yearUSD $ 63,938,660
Total assets at end of fiscal yearUSD $ 82,450,648
Total assets at beginning of fiscal yearUSD $ 82,952,135
Revenues less expenses for current yearUSD $ -120,660,369
Revenues less expenses for previous yearUSD $ 12,730,247
Total expenses for current yearUSD $ 204,319,889
Total expenses for previous yearUSD $ 62,816,718
Other expenses in current yearUSD $ 198,735,994
Other expenses in previous yearUSD $ 58,965,038
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 $ 5,583,895
Employee salary and benefits paid in previous yearUSD $ 3,851,680
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 $ 83,659,520
Total revenue in previous fiscal yearUSD $ 75,546,965
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
Total of other revenueUSD $ 278,926
2017-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 67,900,063
Program Service Revenue from current yearUSD $ 74,523,013
Investment Income from prior yearUSD $ 912,559
Investment Income from current yearUSD $ 909,611
Other Revenue from prior yearUSD $ 270,331
Other Revenue from current yearUSD $ 114,341
Gross receipts from all sourcesUSD $ 75,546,965
Net assets / fund balances at end of fiscal yearUSD $ 19,013,475
Net assets / fund balances at beginning of fiscal yearUSD $ 25,905,707
Total liabilities at end of fiscal yearUSD $ 63,938,660
Total liabilities at beginning of fiscal yearUSD $ 60,158,576
Total assets at end of fiscal yearUSD $ 82,952,135
Total assets at beginning of fiscal yearUSD $ 86,064,283
Revenues less expenses for current yearUSD $ 12,730,247
Revenues less expenses for previous yearUSD $ -27,622,235
Total expenses for current yearUSD $ 62,816,718
Total expenses for previous yearUSD $ 96,705,188
Other expenses in current yearUSD $ 58,965,038
Other expenses in previous yearUSD $ 92,862,361
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 3,851,680
Employee salary and benefits paid in previous yearUSD $ 3,842,827
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 $ 75,546,965
Total revenue in previous fiscal yearUSD $ 69,082,953
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 114,341
2016-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 59,198,845
Program Service Revenue from current yearUSD $ 67,900,063
Investment Income from prior yearUSD $ 722,752
Investment Income from current yearUSD $ 912,559
Other Revenue from prior yearUSD $ 218,652
Other Revenue from current yearUSD $ 270,331
Gross receipts from all sourcesUSD $ 69,082,953
Net assets / fund balances at end of fiscal yearUSD $ 25,905,707
Net assets / fund balances at beginning of fiscal yearUSD $ 22,960,121
Total liabilities at end of fiscal yearUSD $ 60,158,576
Total liabilities at beginning of fiscal yearUSD $ 51,591,597
Total assets at end of fiscal yearUSD $ 86,064,283
Total assets at beginning of fiscal yearUSD $ 74,551,718
Revenues less expenses for current yearUSD $ -27,622,235
Revenues less expenses for previous yearUSD $ 8,228,361
Total expenses for current yearUSD $ 96,705,188
Total expenses for previous yearUSD $ 51,911,888
Other expenses in current yearUSD $ 92,862,361
Other expenses in previous yearUSD $ 48,844,149
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 3,842,827
Employee salary and benefits paid in previous yearUSD $ 3,067,739
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 $ 69,082,953
Total revenue in previous fiscal yearUSD $ 60,140,249
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 270,331
2015-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 45,227,442
Program Service Revenue from current yearUSD $ 59,198,845
Investment Income from prior yearUSD $ 590,770
Investment Income from current yearUSD $ 722,752
Other Revenue from prior yearUSD $ 93,937
Other Revenue from current yearUSD $ 218,652
Gross receipts from all sourcesUSD $ 60,140,249
Net assets / fund balances at end of fiscal yearUSD $ 22,960,121
Net assets / fund balances at beginning of fiscal yearUSD $ 15,647,692
Total liabilities at end of fiscal yearUSD $ 51,591,597
Total liabilities at beginning of fiscal yearUSD $ 45,396,101
Total assets at end of fiscal yearUSD $ 74,551,718
Total assets at beginning of fiscal yearUSD $ 61,043,793
Revenues less expenses for current yearUSD $ 8,228,361
Revenues less expenses for previous yearUSD $ -2,632,302
Total expenses for current yearUSD $ 51,911,888
Total expenses for previous yearUSD $ 48,544,451
Other expenses in current yearUSD $ 48,844,149
Other expenses in previous yearUSD $ 45,392,889
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 3,067,739
Employee salary and benefits paid in previous yearUSD $ 3,151,562
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 $ 60,140,249
Total revenue in previous fiscal yearUSD $ 45,912,149
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 218,652

Other Company Names associated with EIN

NORTH CAROLINA JOINT UNDERWRITING

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 561222676

USA Mailing Address
5520 DILLARD DRIVE
SUITE 180
CARY
NC
27518
Date first seen: 2007-01-01
Date last seen: 2024-08-31
USA Mailing Address
P.O. BOX 8009
5520 DILLARD DRIVE
CARY
NC
27512
Date first seen: 2007-01-01
Date last seen: 2024-08-31
USA Location Address
P.O. BOX 8009
5651 DILLARD DRIVE
CARY
NC
27512
Date first seen: 2007-01-01
Date last seen: 2024-08-31
USA Location Address
751 CORPORATE CENTER DRIVE
SUITE 200
RALEIGH
NC
27607
Date first seen: 2007-01-01
Date last seen: 2024-10-11

Nearby companies/organizations

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

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