2024-06-17T14:34:49-04:00 2023-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2023-01-01 561275391 NORTH CAROLINA ADVANCED ENERGY CORPORATION NORT 9198579000 909 CAPABILITY DRIVE RALEIGH NC 27606 ROBERT GOODSON PRESIDENT & EX. DIR. 9198579000 2024-06-13 ROBERT GOODSON 999009999 false H TERRELL MCMICHAEL JR P01259982 4787466277 2024-06-17 2023 2023-04-26 12:10:37Z ROBERT GOODSON 909 CAPABILITY DRIVE RALEIGH NC 27606 8001008 false X WWW.ADVANCEDENERGY.ORG X 1980 NC THE TWO MAJOR CORPORATE GOALS ARE TO MODERATE THE RISE IN DEMAND FOR ELECTRICITY AND TO HELP SHIFT DEMAND TO OFF-PEAK PERIODS. THE ARTICLES OF INCORPORATION ALSO CHARGE THE CORPORATION WITH FULFILLING THE COMPLEMENTARY PURPOSES OF EDUCATING CONSUMERS ABOUT ENERGY, PROVIDING ALTERNATIVES TO CURRENT ELECTRIC GENERATION TECHNOLOGIES, DEVELOPING MORE ECONOMIC SOURCES OF ELECTRIC POWER, INCREASING SYSTEM EFFICIENCY AND LOAD FACTORS THROUGH CONSERVATION AND LOAD MANAGEMENT, HELPING TO MODERATE THE FUTURE COST OF ELECTRIC SERVICE, AND DEMONSTRATING MORE EFFICIENT USES OF ELECTRIC POWER. 12 13 72 0 1189244 332565 7078036 7555751 102057 112692 0 8369337 8001008 0 0 5658356 6255904 0 0 3152855 2032445 8811211 8288349 -441874 -287341 9435626 10460302 974282 2286299 8461344 8174003 TO CREATE ECONOMIC, ENVIROMENTAL AND SOCIETAL BENEFITS THROUGH INNOVATIVE AND MARKET-BASED APPROACHES TO ENERGY ISSUES. false false 5551335 TESTING, CONSULTING AND TRAINING 5551335 true false false false false false false false false false true false false false true false true false false false true false false false false false false false false true false false false false false false false false false false false false false true false false false true 23 0 true 72 true false false false false false false false false X 12 13 false false false false true true true true true false false true true true true true true true true false X EMILY ERNST LUNNE 9198579014 909 CAPABILITY DRIVE RALEIGH NC 27606 JO ANNE SANFORD CHAIR 1.00 X X 250 0 0 ROBERT POWELL VICE CHAIR 1.00 X X 601 0 0 KATHARINE KOLLINS TREASURER 1.00 X X 0 0 0 CARL WILKINS SECRETARY 1.00 X X 375 0 0 CHRIS EDGE MEMBER-AT-LA 1.00 X X 0 0 0 VENU GHANTA DIRECTOR 1.00 X 0 0 0 DIONNE DELLI-GATTI DIRECTOR 1.00 X 500 0 0 HAYES JERNIGAN FINLEY DIRECTOR 1.00 X 0 0 0 ADAM FOODMAN DIRECTOR 1.00 X 0 0 0 PETER LEDFORD DIRECTOR 1.00 X 0 0 0 PAUL SPRUILL DIRECTOR 1.00 X 0 0 0 GAYLENE WATSON DIRECTOR 1.00 X 0 0 0 ROBERT GOODSON PRESIDENT & 40.00 X 242921 0 14133 BRIAN COBLE CHIEF OP OFF 40.00 X 186113 0 18549 EUGENE BUTLER BUS. DEVELP. 40.00 X 143395 0 8266 MICHAEL STOWE ENGINEER V 40.00 X 140289 0 22819 SHAWN FITZPATRICK ENGINEER III 40.00 X 132319 0 15254 CHRSTINE MAURER ENGINEERING 40.00 X 129577 0 19303 976340 98324 17 false true false VB MANAGEMENT CONSULTING LLC 3025 CAMINO SERBAL CARLSBAD CA 92009 BUSINESS DEV 144518 1 332565 332565 SERVICE ACCOUNT REVENUE 221000 2360574 2360574 UTILITY NON-MEMBER REVENUE 1941710 1941710 NON-UTILITY REVENUE 1074804 1074804 STRATEGIC INVESTMENT REVENUE 1000000 1000000 NC GREENPOWER REVENUE 652771 652771 525892 525892 7555751 112692 112692 8001008 7668443 4300488 3079426 1221062 250410 180295 70115 1322088 951903 370185 382918 275701 107217 26702 26702 74578 74578 546809 327654 219155 699 699 27222 23411 3811 339963 91790 248173 364677 313622 51055 157911 66323 91588 280792 117933 162859 132961 54364 78597 80131 68913 11218 8288349 5551335 2737014 0 617333 337198 6759060 6716223 1498036 1711744 196264 187929 3406791 1899583 364933 1507208 9435626 10460302 484282 529436 490000 1756863 974282 2286299 X 8461344 8174003 8461344 8174003 9435626 10460302 -287341 X false true X true true true X 875000 1189244 332565 2396809 7750696 7511782 7872829 7180093 7668443 37983843 7750696 7511782 8747829 8369337 8001008 40380652 4992955 5315360 5205344 6021896 21535555 4992955 5315360 5205344 6021896 21535555 18845097 90272 104104 91337 285713 90272 104104 91337 285713 7840968 7615886 8839166 8369337 8001008 40666365 0.46340 0.32890 0.01000 0.01000 X 3406791 1899583 1507208 1507208 FACILITIES LEASE OBLIGATION 1155863 MISCELLANEOUS UNEARNED REV. 601000 1756863 8001008 8001008 8001008 8288349 8288349 8288349 false false false false false false false X X X false false false false false false false false false ROBERT GOODSON PRESIDENT & EX. DIR. 241210 1711 11500 2633 257054 BRIAN COBLE CHIEF OP OFFICER 185603 510 9371 9178 204662 EUGENE BUTLER BUS. DEVELP.SENIOR 142442 953 6811 1455 151661 MICHAEL STOWE ENGINEER V 138827 1462 6890 15929 163108 FORM 990, PAGE 6, PART VI, LINE 6 MEMBERS OF NORTH CAROLINA ADVANCED ENERGY ARE THE COMMISSIONERS OF THE NORTH CAROLINA UTILITIES COMMISSION. FORM 990, PAGE 6, PART VI, LINE 7A EACH OF THE ORGANIZATION'S MEMBER ORGANIZATIONS IS ABLE TO APPOINT A MEMBER OF THE BOARD FROM THEIR ORGANIZATION. NORTH CAROLINA ELECTRIC MEMBERSHIP CORPORATION APPOINTS ONE MEMBER, DOMINION NORTH CAROLINA POWER APPOINTS ONE MEMBER, AND DUKE ENERGY APPOINTS TWO MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7B MEMBERS HAVE CERTAIN APPROVAL RIGHTS, SUCH AS CHARTER CHANGES, WHICH ARE LISTED IN THE ARTICLES OF INCORPORATION. FORM 990, PAGE 6, PART VI, LINE 11B A COPY OF THE 990 IS PROVIDED TO THE EXECUTIVE COMMITTEE MEMBERS FOR REVIEW. FORM 990, PAGE 6, PART VI, LINE 12C TO IMPLEMENT COMPLIANCE WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, NORTH CAROLINA ADVANCED ENERGY CORPORATION (AEC) WILL ENDEAVOR TO SOLICIT AN ANNUAL REPORT FROM EACH BOARD MEMBER REGARDING POTENTIAL CONFLICTS OF INTEREST. THESE REPORTS WILL BE REVIEWED BY AN OFFICE OF AEC, WHO WILL ATTEMPT TO RESOLVE ANY ACTUAL OR PORTENTIAL CONFLICT(S) AND, IN THE ABSENCE OF RESOLUTION, REFER THE MATTER TO THE BOARD. FORM 990, PAGE 6, PART VI, LINE 15A ADVANCED ENERGY STRIVES TO PAY COMPETITIVE WAGES IN ORDER TO ATTRACT AND MAINTAIN MOTIVATED, QUALIFIES INDIVIDUALS. IN ORDER TO ENSURE FAIR AND COMPETITIVE BASE WAGES, ADVANCED ENERGY FOLLOWS A SET COMPENSATION REVIEW PROCESS. ADVANCED ENERGY HAS AN INDEPENDENT ORGANIZATION RESEARCH MARKET RATE SALARIES AND SET SALARY RANGES. THESE MARKET RATE SALARY RANGES AND INDIVIDUAL PERFORMANCE ASSIST IN SETTING INDIVIDUAL SALARIES. FORM 990, PAGE 6, PART VI, LINE 15B ADVANCED ENERGY STRIVES TO PAY COMPETITIVE WAGES IN ORDER TO ATTRACT AND MAINTAIN MOTIVATED, QUALIFIES INDIVIDUALS. IN ORDER TO ENSURE FAIR AND COMPETITIVE BASE WAGES, ADVANCED ENERGY FOLLOWS A SET COMPENSATION REVIEW PROCESS. ADVANCED ENERGY HAS AN INDEPENDENT ORGANIZATION RESEARCH MARKET RATE SALARIES AND SET SALARY RANGES. THESE MARKET RATE SALARY RANGES AND INDIVIDUAL PERFORMANCE ASSIST IN SETTING INDIVIDUAL SALARIES. FORM 990, PAGE 6, PART VI, LINE 19 AUDITED FINANCIALS, ARTICLES OF INCORPORATION, BYLAWS AND SUBSEQUENT CHANGES ARE POSTED ON THE NORTH CAROLINA UTILITIES COMMISSION (NCUC) WEBSITE UNDER DOCKET E-100, SUB 37 AND 37-A, WHICH ARE THE DOCKETS COVERING THE ORGANIZATION. THE NCUC ALSO HOLDS AN ANNUAL PUBLIC HEARING TO RECEIVE THE ANNUAL REPORT OF ACTIVITIES AND SOLICIT PUBLIC COMMENT. 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