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Filing year 2024

THE SURPLUS LINES ASSOCIATION OF NORTH CAROLINA

Raleigh, North Carolina·EIN 58-1712305·501(c)(6)
Total revenue
$6.3M
Total assets
$29.2M
Total expenses
$1.5M
Reported officers
10
Mission

THE MISSION OF THE NCSLA IS TO SERVE AS A REGULATORY SUPPORT ORGANIZATION FOR ALL NORTH CAROLINA SURPLUS LINES LICENSEES AND THE NORTH CAROLINA DEPARTMENT OF INSURANCE. WE WILL PROVIDE REGULATORY COMPLIANCE, COMMUNICATION, EDUCATION, FILING PROCEDURES AND INDUSTRY REPRESENTATION TO ENSURE THE FINANCIAL INTEGRITY AND THE STABILITY OF THE NON-ADMITTED MARKET IN NORTH CAROLINA.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Coo, Director
75th to 90th percentile
$216k
$229k
Base
$200k
Bonus
Other
Benefits
$8k
Executive Director
75th to 90th percentile
$189k
$200k
Base
$180k
Bonus
Other
Benefits
$1k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

Up 15%
from 2023

From $188k in 2023 to $216k in 2024.

$188k
2023
$216k
2024
In today's dollarsEst.
Up 11% in real terms$205k to $229k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Operating Officer pay rose 19% from 2023 to 2024, while revenue fell 3%.

$181k in 2023 to $216k in 2024.
  • Chief Executive Officer pay held roughly steady from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

THE SURPLUS LINES ASSOCIATION OF NORTH CAROLINA reported revenue and expenses across 2 filing years.

RevenueExpenses
$6.5M
$1.6M
2023
$6.3M
$1.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about THE SURPLUS LINES ASSOCIATION OF NORTH CAROLINA

What does the Chief Operating Officer of THE SURPLUS LINES ASSOCIATION OF NORTH CAROLINA earn?

In 2024, the Chief Operating Officer of THE SURPLUS LINES ASSOCIATION OF NORTH CAROLINA received $215,688 in total compensation. This pay is in the top quarter for Chief Operating Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Operating Officer pay at THE SURPLUS LINES ASSOCIATION OF NORTH CAROLINA compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Operating Officer at THE SURPLUS LINES ASSOCIATION OF NORTH CAROLINA falls between the 75th and 90th percentiles.

What are THE SURPLUS LINES ASSOCIATION OF NORTH CAROLINA's revenue and expenses?

In 2024, THE SURPLUS LINES ASSOCIATION OF NORTH CAROLINA reported $6.3M in total revenue and $1.5M in total expenses on its IRS Form 990.

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