Non-Profit Spending Reports

North Carolina Insurance Underwriting Association

Raleigh, NC · EIN 23-7102759 · Rank 1,006 by total revenue

In 1969, the north carolina general assembly established the association as a market of last resort to provide property insurance in the beach and coastal areas of north carolina 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.

Money, Form 990 for tax year 2025

Total revenue
$673,514,463
Total expenses
$320,384,889
Total assets
$2,229,663,098
Salary base (all salaries and wages)
$8,472,737
Salaries, other pay and benefits
$12,427,772
Employees
not reported

"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.

Leadership (22)

NameTitleRole Hours/weekTotal pay
Dianne HardyCHIEF EXECUTIVE OFFICEROfficer 18.75 $701,691
Alvin AshworthCHIEF OPERATING OFFICEROfficer 18.75 $531,419
Sarah MooreCHIEF FINANCIAL OFFICEROfficer 18.75 $312,240
Eric HammonsCHAIRBoard, Officer 1 None reported
Allen HouckCHAIR (TO NOV '25)/BOARD MEMBERBoard, Officer 1 None reported
Steve HallVICE CHAIRBoard, Officer 1 None reported
Robert EadesCHIEF CLAIMS OFFICERKey employee 18.75 $390,558
Tekeela BarnesCHIEF INFORMATION OFFICERKey employee 18.75 $365,207
Sonya ChampionCHIEF HUMAN RESOURCES OFFICERKey employee 18.75 $363,849
Jerry AchatzBOARD MEMBER (TO NOV '25)Board 1 None reported
Royce BennettBOARD MEMBER (FROM NOV '25)Board 1 None reported
Laura BuntsBOARD MEMBER (FROM NOV '25)Board 1 None reported
Rod EvansBOARD MEMBERBoard 1 None reported
Alex GarateBOARD MEMBERBoard 1 None reported
Charlotte HicksBOARD MEMBERBoard 1 None reported
Donald HornsteinBOARD MEMBERBoard 1 None reported
Bill LongBOARD MEMBERBoard 1 None reported
Sarah MaestreBOARD MEMBERBoard 1 None reported
John MilettiBOARD MEMBERBoard 1 None reported
Becky PollardBOARD MEMBER (TO NOV '25)Board 1 None reported
Franklin RouseBOARD MEMBERBoard 1 None reported
Steve SmithBOARD MEMBERBoard 1 None reported

Top 10 paid people listed

These 10 people received $3,765,335, which is 44.4% of the $8,472,737 salary base.

NameTitleRole Hours/weekFrom this org From related orgsOther pay Total
Dianne HardyCHIEF EXECUTIVE OFFICEROfficer 18.75 $0$643,820 $57,871$701,691
Alvin AshworthCHIEF OPERATING OFFICEROfficer 18.75 $0$474,086 $57,333$531,419
Robert EadesCHIEF CLAIMS OFFICERKey employee 18.75 $0$337,116 $53,442$390,558
Tekeela BarnesCHIEF INFORMATION OFFICERKey employee 18.75 $0$317,529 $47,678$365,207
Sonya ChampionCHIEF HUMAN RESOURCES OFFICERKey employee 18.75 $0$323,734 $40,115$363,849
Sarah MooreCHIEF FINANCIAL OFFICEROfficer 18.75 $0$269,181 $43,059$312,240
Vicki FisherDIRECTOR OF CLAIMSHighly paid employee 18.75 $0$269,007 $30,166$299,173
Mick QuinlanDIRECTOR OF ITHighly paid employee 18.75 $0$241,443 $52,766$294,209
Vita WootenDIRECTOR OF UNDERWRITINGHighly paid employee 18.75 $0$222,394 $38,622$261,016
Gregory WestfallIT MANAGERHighly paid employee 18.75 $0$195,574 $50,399$245,973

Sources