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NC CAPTIVE INSURANCE ASSOCIATION

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Public IRS 990 nonprofit record

NC CAPTIVE INSURANCE ASSOCIATION

EIN 46-1310027 · Business & Industry (S40)

What they do

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.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2025The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders12 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$103.48spent for every $100 of revenueSpending was higher than revenue this year.
$0.35in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $8,240 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $127,789 for THOMAS L ADAMS (FORMER PRESI). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2025

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$237,059
Expenses$245,299
Annual shortfall $8,240 Expenses were higher than revenue for this filing year.
See all reported dollar amounts
Revenue$237,059
Expenses$245,299
Assets$85,202
Income$237,059
Accounting fees$4,091
People

Leadership and board

Tax year 2025

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
THOMAS L ADAMSFORMER PRESI · 20 hrs/week $127,789
ZACHARY D ALMONDPRESIDENT & · 20 hrs/week $5,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (12)

THOMAS L ADAMSFORMER PRESI

ZACHARY D ALMONDPRESIDENT &

ANDREW RENNICKBOARD MEMBER

AOIFE TAYLORVICE CHAIR

JORDAN MOSHERBOARD MEMBER

LEA RIDDLECHAIR

LEANE RAFALKOBOARD MEMBER

MICHAEL ARCANGELBOARD MEMBER

PAIGE BELLSECRETARY

RON ADAMSIMMEDIATE PA

SCOTT BAILEYTREASURER

TIA JONESBOARD MEMBER

About this charity

Recognized since
January 2013
Location
PO BOX 1032, SOUTHERN PINES, NC 28388
County
Moore
In care of
ZACHARY D ALMOND
Primary officer
ZACHARY D ALMOND, PRESIDENT & CEO

How to reach them

Filing and classification

Latest tax year
2025
Tax period began
January 1, 2025
Return type
990
Tax preparer
BUTLER & STOWE
NTEE classification
Business & Industry (S40)
IRS tax category
Business & Industry

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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