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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building NC Captive Insurance Association

NC Captive Insurance Association

Fiscal year ending 2019. Filed on May 5, 2020.

151 Crest Road
Southern Pines, North Carolina 28387

NC Captive Insurance Association (EIN: 46-1310027) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2019 IRS Form 990 filing, NC Captive Insurance Association, a 501(c)(6) business league, reported compensation for 10 employees. Among the employees shown here, the average compensation is $61,357. The highest compensated employee at NC Captive Insurance Association is Thomas L Adams with fiscal year 2019 compensation of $74,693.

Revenue, expenses, and employee compensation

Revenue

$174,303

Expenses

$157,839

Employee compensation

—
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Thomas L Adams
President
$74,693
$74,693 No related compNo other comp
Richard Lane Brown III
Board Member
$48,021
$48,021 No related compNo other comp
D Michael Payseur
Secretary
$0
Mike Meehan
Board Member
$0
Matthew Holycross
Treasurer
$0
Wesley Deaton
Board Member
$0
Anne Marie Towle
Vice Chair
$0
Morgan Doughty
Board Member
$0
Lea Riddle
Chair
$0
Diana Hardy
Board Member
$0

Benchmark Employee Compensation

Non-Employee Board Members

No board members were reported during this fiscal year.

Mission Statement

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.

Revisions to this organization profile

May 14, 2025:
2024 NC Captive Insurance Association 990 filed
May 15, 2024:
2023 NC Captive Insurance Association 990 filed
May 9, 2023:
2022 NC Captive Insurance Association 990 filed

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