2025-10-03T10:42:51-04:00 2024-12-31 581094351 MCNAIR MCLEMORE MIDDLEBROOKS & CO LLC POST OFFICE BOX ONE MACON GA 312020001 990 2024-01-01 561275391 NORTH CAROLINA ADVANCED ENERGY CORPORATION NORT 9198579000 701 CORPORATE CENTER DR STE 400 RALEIGH NC 27607 BRIAN COBLE PRESIDENT 9198579000 2025-09-30 false H TERRELL MCMICHAEL JR P01259982 4787466277 2025-10-03 2024 2025-03-06 01:10:19Z X BRIAN COBLE 701 CORPORATE CENTER DR STE 400 RALEIGH NC 27606 7935080 false X WWW.ADVANCEDENERGY.ORG X 1980 NC ADVANCED ENERGY HELPS ALL CUSTOMERS IN NORTH CAROLINA - RESIDENTIAL, COMMERCIAL AND INDUSTRIAL - LOWER COSTS AND ENSURE ENERGY RELIABILITY. 12 12 74 0 332565 273746 7555751 7473689 112692 187645 0 8001008 7935080 0 0 6255904 6466089 0 0 2032445 2113137 8288349 8579226 -287341 -644146 10460302 9155220 2286299 1742717 8174003 7412503 ADVANCED ENERGY HELPS ALL CUSTOMERS IN NORTH CAROLINA - RESIDENTIAL, COMMERCIAL AND INDUSTRIAL - LOWER COSTS AND ENSURE ENERGY RELIABILITY. false false 5608427 ENERGY ENGINEERING, CONSULTING AND TESTING 5608427 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 24 0 true 74 true false false false false false false false false X 12 12 false false false false true true true true true false false false true true true true true true true false X EMILY ERNST LUNNE 9198579014 701 CORPORATE CENTER DRIVE RALEIGH NC 27607 ROBERT POWELL CHAIR 1.00 X X 0 0 0 CHRIS EDGE VICE CHAIR 1.00 X X 0 0 0 ADAM FOODMAN TREASURER 1.00 X X 0 0 0 KATHARINE KOLLINS SECRETARY 1.00 X X 0 0 0 JO ANNE SANFORD DIRECTOR 1.00 X 0 0 0 VENU GHANTA DIRECTOR 1.00 X 0 0 0 DIONNE DELLI-GATTI MEMBER-AT-LA 1.00 X X 0 0 0 HAYES JERNIGAN FINLEY 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 AMY PICKLE DIRECTOR 1.00 X 0 0 0 ROBERT GOODSON PRESIDENT- ( 40.00 X 223388 0 12345 BRIAN COBLE PRESIDENT 40.00 X 209438 0 57221 CHRSTINE MAURER DIR, OPS&ENG 40.00 X 143364 0 21101 EMILY ERNST LUNNE DIR, FINANCE 40.00 X 135372 0 8323 EUGENE BUTLER BUS. DEVELP. 40.00 X 147948 0 8504 MICHAEL STOWE ENGINEER V 40.00 X 146267 0 24207 SHAWN FITZPATRICK ENGINEER V 40.00 X 140064 0 16432 MICHAEL LYDA SR MNGR-LARG 40.00 X 123243 0 18634 MARIA MAUCERI SR MNGR-WEAT 40.00 X 128465 0 18984 1397549 185751 20 false true false VB MANAGEMENT CONSULTING LLC 3025 CAMINO SERBAL CARLSBAD CA 92009 BUSINESS DEV 157455 1 273746 273746 SERVICE ACCOUNT REVENUE 221000 2386287 2386287 UTILITY NON-MEMBER REVENUE 1814309 1814309 NON-UTILITY REVENUE 1222059 1222059 STRATEGIC INVESTMENT REVENUE 1000000 1000000 INVESTMENT ACCOUNT REVENUE 558504 558504 492530 492530 7473689 187645 187645 7935080 7661334 810552 486331 324221 3659344 2654085 1005259 257410 180187 77223 1347409 948317 399092 391374 273962 117412 65025 65025 69594 69594 595224 340163 255061 3107 3107 24203 18394 5809 311777 84180 227597 381489 289932 91557 155060 72878 82182 278513 130901 147612 151557 70130 81427 77588 58967 18621 8579226 5608427 2970799 0 337198 45142 6716223 5880114 1711744 1630091 187929 161734 3485574 2047435 1507208 1438139 10460302 9155220 529436 511789 1756863 1230928 2286299 1742717 X 8174003 7412503 8174003 7412503 10460302 9155220 -644146 -117354 X false true X true false X 875000 1189244 332565 273746 2670555 7511782 7872829 7180093 7668443 7661334 37894481 7511782 8747829 8369337 8001008 7935080 40565036 5315360 5205344 6021896 16542600 5315360 5205344 6021896 16542600 24022436 104104 91337 195441 104104 91337 195441 7615886 8839166 8369337 8001008 7935080 40760477 0.58940 0.46340 0.00000 0.01000 X 3485574 2047435 1438139 1438139 MISCELLANEOUS UNEARNED REV. 460353 CURRENT OPERATING LEASE LIABILITY 408495 FACILITIES LEASE OBLIGATION 362080 1230928 7935080 7935080 7935080 8696580 117354 117354 8579226 8579226 false false false false false false false X X X false false false false false false false false false ROBERT GOODSON PRESIDENT- (RETIRED) 163386 1521 58481 10437 1908 235733 BRIAN COBLE PRESIDENT 206895 1521 1022 47600 9621 266659 CHRSTINE MAURER DIR, OPS&ENGINEERING 140999 1521 844 7519 13582 164465 EUGENE BUTLER BUS. DEVELP. SENIOR 145274 1521 1153 6971 1533 156452 MICHAEL STOWE ENGINEER V 138497 6108 1662 7110 17097 170474 SHAWN FITZPATRICK ENGINEER V 137613 1481 970 7172 9260 156496 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 ENERGY 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 FINANCE & INVESTMENT 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 OFFICER 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. NC GREENPOWER CORPORATION 701 CORPORATE CENTER DR STE 400 RALEIGH NC 27607 223895009 GREEN PWR NC 501C3 10 N/A false false false false false false false false false false false false false false true true false false false false NC GREENPOWER CORPORATION N 346052 FMV NC GREENPOWER CORPORATION O 146298 FMV