Public Charity

NORTH CAROLINA ADVANCED ENERGY CORPORATION

NORTH CAROLINA ADVANCED ENERGY CORPORATION, of RALEIGH, NC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $7.9M in revenue, $8.6M in expenses, $9.2M in total assets.

EIN: 561275391 RALEIGH, NC Latest filing: 2024
Total Revenue$7.9M
Total Expenses$8.6M
Total Assets$9.2M
Grant Records0
Filing Years2020–2024

Mission

ADVANCED ENERGY HELPS ALL CUSTOMERS IN NORTH CAROLINA - RESIDENTIAL, COMMERCIAL AND INDUSTRIAL - LOWER COSTS AND ENSURE ENERGY RELIABILITY.

Where $100 goes at North Carolina Advanced Energy Corporation

How North Carolina Advanced Energy Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$70 Programs the work itself
$30 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $70 for programs

$70
Energy engineering, consulting and testing
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TREASURER Adam Foodman
DIRECTOR Amy Pickle
PRESIDENT Brian Coble
VICE CHAIR Chris Edge
DIR, OPS&ENG Chrstine Maurer
MEMBER-AT-LA Dionne Delli-Gatti

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $7.9M $8.6M $9.2M
2023 $8.0M $8.3M $10.5M
2022 $8.4M $8.8M $9.4M
2021 $8.8M $7.4M $9.5M
2020 $7.6M $6.4M $8.3M

Between 2020 and 2024, reported annual revenue grew from $7.6M to $7.9M (+4%), with total assets most recently reported at $9.2M.

Interactive year-over-year charts and full filing details available with membership.

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