Nonpartisan civic infrastructure
AllCiv·Legis1
·

North Carolina Advanced Energy Corporation

Public charity
DBA: CORPORATION
Other · RALEIGH, NC · EIN 56-1275391

About

Advanced energy helps ALL customers in north carolina - residential, commercial and industrial - lower costs and ensure energy reliability.

DBA Corporation

Donations are tax-deductible
Category
Other
Employees
74
Volunteers

Financial Snapshot

FY ending 2024-12-31
Revenue
$7.9M
Expenses
$8.6M
Assets
$9.2M
Liabilities
$1.7M

Financial history

$8.8M$4.4M$0
161718192021222324
RevenueExpenses
Latest FY2024: $7.9M · Peak FY2022: $8.4M · Avg: $7.6M
NORTH CAROLINA ADVANCED ENERGY CORPORATION
Your actions

Address

701 Corporate Center Drive Suite 40
Raleigh, NC, 27607-508

Governance

Voting board members12
Independent members12
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardNo

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.