Nonprofit · EIN 56-1208068
NORTH CAROLINA LIFE AND ACCIDENT AND HEALTH INSURANCE GUARANTY ASSO
Tax-exempt · RALEIGH, NC 27609
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $16,874,051 | $39,022,551 | -$22,148,500 | $61,803,272 | $0 | $61,803,272 |
| December 31, 2024 | 990 | $91,937,085 | $32,447,695 | $59,489,390 | $83,951,772 | $0 | $83,951,772 |
| December 31, 2023 | 990 | $10,535,567 | $5,662,026 | $4,873,541 | $24,462,382 | $0 | $24,462,382 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $14,233,042
- Investment income
- $2,618,074
- Other revenue
- $22,935
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $115,492
- Accounting fees
- $17,555
- Travel
- $56,863
- Program services (functional)
- $39,022,551
Balance sheet and other
- Total assets, start of year
- $83,951,772
- Total assets, end of year
- $61,803,272
- Total liabilities, end of year
- $0
- Net assets, end of year
- $61,803,272
- Publicly traded securities
- $10,402,398
- Net assets without donor restrictions
- $61,803,272
- Gross receipts
- $16,874,051
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1974
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mathias Bishop | Director Trustee or director | 1 | $0 |
| Sandra Johnson | Director Trustee or director | 1 | $0 |
| BCBS of North Carolina | Board Member Institutional trustee | 1 | $0 |
| Amer Fam Life Assurance Co | Board Member Institutional trustee | 1 | $0 |
| Genworth Life & Annuity Ins | Board Member Institutional trustee | 1 | $0 |
| UnitedHealthcare of NC | Board Member Institutional trustee | 1 | $0 |
| Equit Finan Life Ins Co | Board Member Institutional trustee | 1 | $0 |
| Nationwide Life Ins Co | Chair Officer | 3 | $0 |
| The Lincoln National Life Ins Co | Vice Chair Officer | 3 | $0 |
| TIAA-CREF Life Ins Co | Treasurer Officer | 3 | $0 |
| Athene Annuity & Life Assu | Secretary Officer | 3 | $0 |
| Bradley E Taman | Executive Director Key employee | 40 | $0 |
990 for the year ended December 31, 2024: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mathias Bishop | Director Trustee or director | 1 | $0 |
| Sandra Johnson | Director Trustee or director | 1 | $0 |
| BCBS of North Carolina | Board Member Institutional trustee | 1 | $0 |
| Brighthouse Life Ins Co | Board Member Institutional trustee | 1 | $0 |
| Amer Fam Life Assurance Co | Board Member Institutional trustee | 1 | $0 |
| Genworth Life & Annuity Ins | Board Member Institutional trustee | 1 | $0 |
| UnitedHealthcare of NC | Board Member Institutional trustee | 1 | $0 |
| Nationwide Life Ins Co | Chair Officer | 3 | $0 |
| The Lincoln National Life Ins Co | Vice Chair Officer | 3 | $0 |
| TIAA-CREF Life Ins Co | Treasurer Officer | 3 | $0 |
| Athene Annuity & Life Assu | Secretary Officer | 3 | $0 |
| Bradley E Taman | Executive Director Key employee | 40 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mathias Bishop | Director Trustee or director | 1 | $0 |
| Sandra Johnson | Director Trustee or director | 1 | $0 |
| BCBS of North Carolina | Secretary Institutional trustee | 1 | $0 |
| Brighthouse Life Ins Co | Board Member Institutional trustee | 1 | $0 |
| Amer Fam Life Assurance Co | Board Member Institutional trustee | 1 | $0 |
| Genworth Life & Annuity Ins | Board Member Institutional trustee | 1 | $0 |
| United Healthcare Ins Co | Board Member Institutional trustee | 1 | $0 |
| Nationwid Life Ins Co | Chair Officer | 3 | $0 |
| Lincoln National Life Ins | Vice Chair Officer | 3 | $0 |
| TIAA-CREF Life Ins Co | Treasurer Officer | 3 | $0 |
| Athene Annuity & Life Assu | Treasurer Officer | 3 | $0 |
| Bradley E Taman | Executive Director Key employee | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 4441 SIX FORKS RD STE 106 PMB 153, RALEIGH, NC 27609-5729
- In care of
- % BRADLEY E TAMAN
- Principal officer (990 for 2025)
- Bradley E Taman, 4441 Six Forks Rd, Ste 106-153, Raleigh, NC 276095729
- Signed the 990
- Bradley Taman, Executive Director
- Phone
- (919) 833-6838
- Website
- www.nclifega.org
Mission
The Guaranty Association was established to provide certain protection to North Carolina policyholders of impaired or insolvent insurers in accordance with North Carolina General Statute 58-62
Program accomplishments
- The Guaranty Association was established to provide certain protections to North Carolina policyholders of impaired or insolvent insurers.Expenses $39,022,551
- n/a
- n/a
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 56-1208068
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1979
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $61,803,272
- Income (IRS master file)
- $16,874,051
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $16,874,051 | $39,022,551 | $61,803,272 | IRS |
| 990 | December 2024 | $91,937,085 | $32,447,695 | $83,951,772 | IRS |
| 990 | December 2023 | $10,535,567 | $5,662,026 | $24,462,382 | XML |
| 990 | December 2022 | $2,077,922 | $1,229,829 | $19,588,841 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-1208068).
Questions about NORTH CAROLINA LIFE AND ACCIDENT AND HEALTH INSURANCE GUARANTY ASSO
- What is the EIN of NORTH CAROLINA LIFE AND ACCIDENT AND HEALTH INSURANCE GUARANTY ASSO?
- The employer identification number (EIN) of NORTH CAROLINA LIFE AND ACCIDENT AND HEALTH INSURANCE GUARANTY ASSO is 56-1208068.
- Is NORTH CAROLINA LIFE AND ACCIDENT AND HEALTH INSURANCE GUARANTY ASSO tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1979.
- Are donations to NORTH CAROLINA LIFE AND ACCIDENT AND HEALTH INSURANCE GUARANTY ASSO tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NORTH CAROLINA LIFE AND ACCIDENT AND HEALTH INSURANCE GUARANTY ASSO file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NORTH CAROLINA LIFE AND ACCIDENT AND HEALTH INSURANCE GUARANTY ASSO due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NORTH CAROLINA LIFE AND ACCIDENT AND HEALTH INSURANCE GUARANTY ASSO last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of NORTH CAROLINA LIFE AND ACCIDENT AND HEALTH INSURANCE GUARANTY ASSO?
- The 990 for the year ended December 31, 2025 names Bradley E Taman.
- Who are the officers and directors of NORTH CAROLINA LIFE AND ACCIDENT AND HEALTH INSURANCE GUARANTY ASSO?
- The 990 for the year ended December 31, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does NORTH CAROLINA LIFE AND ACCIDENT AND HEALTH INSURANCE GUARANTY ASSO have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $16,874,051, expenses of $39,022,551 and total assets of $61,803,272 at year end.
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