NORTH CAROLINA JOINT UNDERWRITING ASSOCIATION Charity Report

Public IRS 990 nonprofit record

NORTH CAROLINA JOINT UNDERWRITING ASSOCIATION

EIN 56-1222676 · Civil Rights, Social Action & Advocacy N.E.C. (R99)

What they do

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.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $100.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

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 leaders26 people are listed in the latest report.

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

Money made simple

83.15%of revenue went to mission work100.0% of expenses · Program services

$71.50spent for every $100 of revenueRevenue covered expenses this year.

$1.61in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

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

Pay context: The highest compensation shown in this filing is $701,691 for DIANNE HARDY (CHIEF EXECUTIVE OFFICER). 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.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$75,546,965

Mission workProgram services$62,816,71883.15% of revenue100.0% of expenses

ManagementOffice and general costs0.00% of revenue0.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$12,730,24716.85% of revenueShown in gray on the chart

Total expenses$62,816,71883.15% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2017CurrentExpense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 83.15% of revenue

2016Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 139.98% of revenue

Money in and money out

Revenue$289,605,669

Expenses$207,079,249

Annual surplus $82,526,420 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$62,816,718 · 30.3% of expenses

See all reported dollar amounts

Revenue$289,605,669

Expenses$207,079,249

Assets$333,942,447

Income$330,714,358

Mission work (program services)$62,816,718

Stocks and bonds$195,078,213

Accounting fees$107,355

Investing fees$88,547

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

DIANNE HARDYCHIEF EXECUTIVE OFFICER · 19 hrs/week $701,691Base $643,820 · Other $57,871

ALVIN ASHWORTHCHIEF OPERATING OFFICER · 19 hrs/week $531,419Base $474,086 · Other $57,333

ROBERT EADESCHIEF CLAIMS OFFICER · 19 hrs/week $390,558Base $337,116 · Other $53,442

TEKEELA BARNESCHIEF INFORMATION OFFICER · 19 hrs/week $365,207Base $317,529 · Other $47,678

SONYA CHAMPIONCHIEF HUMAN RESOURCES OFFICER · 19 hrs/week $363,849Base $323,734 · Other $40,115

SARAH MOORECHIEF FINANCIAL OFFICER · 19 hrs/week $312,240Base $269,181 · Other $43,059

VICKI FISHERDIRECTOR OF CLAIMS · 19 hrs/week $299,173Base $269,007 · Other $30,166

MICK QUINLANDIRECTOR OF IT · 19 hrs/week $294,209Base $241,443 · Other $52,766

VITA WOOTENDIRECTOR OF UNDERWRITING · 19 hrs/week $261,016Base $222,394 · Other $38,622

GREGORY WESTFALLIT MANAGER · 19 hrs/week $245,973Base $195,574 · Other $50,399

THOMAS REHMIN HOUSE COUNSEL · 19 hrs/week $229,471Base $198,303 · Other $31,168

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 (26)

DIANNE HARDYCHIEF EXECUTIVE OFFICER

ALVIN ASHWORTHCHIEF OPERATING OFFICER

ROBERT EADESCHIEF CLAIMS OFFICER

TEKEELA BARNESCHIEF INFORMATION OFFICER

SONYA CHAMPIONCHIEF HUMAN RESOURCES OFFICER

SARAH MOORECHIEF FINANCIAL OFFICER

VICKI FISHERDIRECTOR OF CLAIMS

MICK QUINLANDIRECTOR OF IT

VITA WOOTENDIRECTOR OF UNDERWRITING

GREGORY WESTFALLIT MANAGER

THOMAS REHMIN HOUSE COUNSEL

PATRICK JOYCEBOARD MEMBER

TINA FORSBERGBOARD MEMBER

STEVE HALLVICE CHAIR

SARAH MAESTREBOARD MEMBER

ROBERT YANCEYBOARD MEMBER

REGINALD WRIGHTBOARD MEMBER

ALEX GARATEBOARD MEMBER

LAURA BUNTSBOARD MEMBER (FROM NOV 25)

JOHN MILETTIBOARD MEMBER

JERRY ACHATZBOARD MEMBER (TO NOV 25)

JARETTE SAMPSONBOARD MEMBER

HOPE KORNEGAYBOARD MEMBER

ERIC HAMMONSCHAIR

BRAD LOVINBOARD MEMBER

ALLEN HOUCKCHAIR (TO NOV 25)/BOARD MEMBER

About this charity

Recognized since: January 1971
Location: 751 CORPORATE CENTER DR, RALEIGH, NC 27607-4853
County: Wake
In care of: DIANNE HARDY
Primary officer: DIANNE HARDY, CHIEF EXECUTIVE OFFICER

How to reach them

WebsiteVisit the charity’s website Phone(919) 821-1299

Filing and classification

Latest tax year: 2025
Tax period began: January 1, 2025
Return type: 990
Tax preparer: JOHNSON LAMBERT LLP
NTEE classification: Civil Rights, Social Action & Advocacy N.E.C. (R99)
IRS tax category: Civil Rights, Social Action & Advocacy N.E.C.