Nonprofit · EIN 56-2138565
NORTH CAROLINA BANKERS ASSOCIATION HEALTH BENEFIT TR
Tax-exempt · RALEIGH, NC 27609
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $35,028,806 | $30,590,890 | $4,437,916 | $12,860,412 | $2,754,288 | $10,106,124 |
| May 31, 2024 | 990 (amended) | $32,254,418 | $33,661,731 | -$1,407,313 | $10,350,475 | $2,354,743 | $7,995,732 |
| May 31, 2023 | 990 | $30,680,454 | $31,763,138 | -$1,082,684 | $11,956,356 | $2,047,420 | $9,908,936 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $34,800,220
- Investment income
- $228,586
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $25,275,416
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $8,436
- Accounting fees
- $125,017
Balance sheet and other
- Total assets, start of year
- $10,350,475
- Total assets, end of year
- $12,860,412
- Total liabilities, end of year
- $2,754,288
- Net assets, end of year
- $10,106,124
- Gross unrelated business income
- $228,586
- Gross receipts
- $35,028,806
- Employees
- 0
- Volunteers
- 5
- Year formed
- 1999
- 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 May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SUZANNE BROOKS | CONTROLLER/CFO(BEGAN 12/31/2024) Officer | 1 | $0 | $165,000 | $33,081 |
| MARK HOLMES | CFO (ENDED 12/31/2024) Officer | 1 | $0 | $169,786 | $17,451 |
| DAVID SAULS | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MIKE AYOTTE | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| DAVID KEUL | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| DEBRA MEDLIN | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| LARISSA PROCIUK | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended May 31, 2024: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| STEPHANIE TUCKER | CFO (TO DEC '23) Officer | 1 | $0 | $211,899 | $24,642 |
| DAVID SAULS | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MIKE AYOTTE | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| DAVID KEUL | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| DEBRA MEDLIN | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| LARISSA PROCIUK | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| MARK HOLMES | CFO (FROM JAN '24) Officer | 1 | $0 | $0 | $0 |
990 for the year ended May 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| STEPHANIE TUCKER | CFO Officer | 1 | $0 | $186,353 | $20,067 |
| DAVID SAULS | CHAIRMAN Trustee or director | 1 | $0 | $0 | $0 |
| MIKE AYOTTE | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| DAVID KEUL | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| DEBRA MEDLIN | TRUSTEE (FROM SEP '22) Trustee or director | 1 | $0 | $0 | $0 |
| LARISSA PROCIUK | TRUSTEE (FROM JUN '22) Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3601 HAWORTH DR, RALEIGH, NC 27609-7218
- In care of
- % NORTH CAROLINA BANKERS ASSOCIATIO
- Principal officer (990 for 2024)
- SUZANNE BROOKS, 3601 HAWORTH DRIVE, RALEIGH, NC 27609
- Signed the 990
- SUZANNE BROOKS, CFO
- Phone
- (919) 781-7979
- Website
- WWW.NCBANKERS.ORG
- Return prepared by
- CHERRY BEKAERT ADVISORY LLC
Mission
SELF-FUNDED MULTIPLE EMPLOYER WELFARE ASSOCIATION BENEFIT PLAN
Program accomplishments
- THE NCBA HEALTH BENEFIT TRUST PROVIDED COVERAGE FOR AN AVERAGE OF 3,014 EMPLOYEES AND DEPENDENTS OF NCBA MEMBER INSTITUTIONS IN THE PAST PLAN YEAR. THE PLAN COLLECTED PREMIUMS AND PAID CLAIMS IN ACCORDANCE WITH THE TRUST AGREEMENT.
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 May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 56-2138565
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 2000
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mutual and membership benefit (Y43)
- Assets (IRS master file)
- $12,860,412
- Income (IRS master file)
- $35,028,806
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $35,028,806 | $30,590,890 | $12,860,412 | XML |
| 990 | May 2024 | $32,254,418 | $33,661,731 | $10,350,475 | XML |
| 990 | May 2023 | $30,680,454 | $31,763,138 | $11,956,356 | XML |
| 990 | May 2022 | $28,961,338 | $31,743,842 | $13,216,517 | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | IRS |
| 990 | May 2018 | – | – | – | 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 56-2138565).
Questions about NORTH CAROLINA BANKERS ASSOCIATION HEALTH BENEFIT TR
- What is the EIN of NORTH CAROLINA BANKERS ASSOCIATION HEALTH BENEFIT TR?
- The employer identification number (EIN) of NORTH CAROLINA BANKERS ASSOCIATION HEALTH BENEFIT TR is 56-2138565.
- Is NORTH CAROLINA BANKERS ASSOCIATION HEALTH BENEFIT TR tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2000.
- Are donations to NORTH CAROLINA BANKERS ASSOCIATION HEALTH BENEFIT TR tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NORTH CAROLINA BANKERS ASSOCIATION HEALTH BENEFIT TR 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 BANKERS ASSOCIATION HEALTH BENEFIT TR due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NORTH CAROLINA BANKERS ASSOCIATION HEALTH BENEFIT TR last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of NORTH CAROLINA BANKERS ASSOCIATION HEALTH BENEFIT TR?
- The 990 for the year ended May 31, 2025 names SUZANNE BROOKS.
- Who are the officers and directors of NORTH CAROLINA BANKERS ASSOCIATION HEALTH BENEFIT TR?
- The 990 for the year ended May 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does NORTH CAROLINA BANKERS ASSOCIATION HEALTH BENEFIT TR have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $35,028,806, expenses of $30,590,890 and total assets of $12,860,412 at year end.
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