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Nonprofiteer
← ADVANCED ENERGY UNITED INC

Form 990 for tax year 2024

Filed by ADVANCED ENERGY UNITED INC.

Totals

Total revenue
$7,583,380
Total expenses
$7,117,435
Contributions and grants received
$2,250,000
Grants paid
$750,000
Program service revenue
$5,250,656
Investment income
$28,729
Other revenue
$53,995
Total assets, end of year
$9,234,988
Total liabilities, end of year
$6,887,777
Net assets or fund balances, end of year
$2,347,211
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $2,250,000

  • 2a · Program service revenue: Membership dues

    total $3,257,831 · related or exempt $3,257,831

  • 2b · Program service revenue: Subscription fees

    total $1,749,839 · related or exempt $1,749,839

  • 2c · Program service revenue: Sponsorships

    total $165,000 · related or exempt $165,000

  • 2d · Program service revenue: Registration fees

    total $77,986 · related or exempt $77,986

  • 3 · Investment income

    total $28,729 · excluded $28,729

  • 11a · Other revenue: Other revenue

    total $53,995 · excluded $53,995

  • 11e · Other revenue, total

    $53,995

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $750,000

  • 5 · Compensation of officers, directors and key employees

    total $507,148

  • 7 · Other salaries and wages

    total $3,260,302

  • 8 · Pension plan contributions

    total $221,427

  • 9 · Other employee benefits

    total $336,079

  • 10 · Payroll taxes

    total $291,432

  • 11b · Fees: legal

    total $26,895

  • 11c · Fees: accounting

    total $23,099

  • 11g · Fees: other

    total $118,637

  • 12 · Advertising and promotion

    total $110,796

  • 13 · Office expenses

    total $97,809

  • 14 · Information technology

    total $387,163

  • 16 · Occupancy

    total $81,775

  • 17 · Travel

    total $197,805

  • 19 · Conferences, conventions and meetings

    total $437,519

  • 22 · Depreciation, depletion and amortization

    total $96,000

  • 23 · Insurance

    total $30,725

  • 24a · Other expenses: Membership

    total $130,425

  • 24b · Other expenses: Dues and subscriptions

    total $11,389

  • 24c · Other expenses: License & registration

    total $1,010

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $868,660 · end of year $938,935

  • 2 · Savings and temporary cash investments

    beginning of year $724,839 · end of year $1,203,493

  • 4 · Accounts receivable

    beginning of year $49,557 · end of year $80,752

  • 9 · Prepaid expenses and deferred charges

    beginning of year $235,305 · end of year $219,396

  • 10a · Land, buildings and equipment: cost or other basis

    $1,569,085

  • 10b · Land, buildings and equipment: accumulated depreciation

    $835,282

  • 10c · Land, buildings and equipment, net

    beginning of year $695,772 · end of year $733,803

  • 15 · Other assets

    beginning of year $5,634,034 · end of year $6,058,609

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,499,719 · end of year $2,078,910

  • 19 · Deferred revenue

    beginning of year $2,005,537 · end of year $1,940,885

  • 25 · Other liabilities

    beginning of year $2,821,645 · end of year $2,867,982

  • 27 · Net assets without donor restrictions

    beginning of year $435,812 · end of year $1,020,643

  • 28 · Net assets with donor restrictions

    beginning of year $1,445,454 · end of year $1,326,568

Mission and programs · 2024

Mission

See Schedule O

Activities or mission (Part I)

To transform public policy to enable rapid growth of advanced energy businesses.

  • Membership: United provides a forum through which advanced energy businesses can convene, collaborate and take action on policy issues and economic opportunities that impact companies across the entire sector, regardless of the business model or technologies that they may employ.

  • Education and Communications: As the business voice of advanced energy, United uses a wide variety of communications and marketing platforms to educate the public and build awareness of the advanced technologies that companies are currently employing to provide secure, clean and affordable energy, and highlight the resulting economic benefits to the states and regions in which those companies are operating.

  • Driving technology adoption: United convenes, connects and engages policy makers, stakeholders and the public to take action on state and regional policies that promote a world that runs on secure, clean and affordable technology.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Megan Beuregard

    Director, Chair(until 11/19/24)

    Total calculated
    $0
    Hours/week
    1

  • Liesl Clark

    Director

    Total calculated
    $0
    Hours/week
    1

  • Cisco DeVries

    Director

    Total calculated
    $0
    Hours/week
    1

  • Nathan Hanson

    Director

    Total calculated
    $0
    Hours/week
    1

  • Amy Heart

    Director

    Total calculated
    $0
    Hours/week
    1

  • Travis Kavulla

    Director

    Total calculated
    $0
    Hours/week
    1

  • Amith Kota

    Director

    Total calculated
    $0
    Hours/week
    1

  • Brianne Miller

    Director

    Total calculated
    $0
    Hours/week
    1

  • Sarah Webster

    Director

    Total calculated
    $0
    Hours/week
    1

  • Erika Diamond

    Director

    Total calculated
    $0
    Hours/week
    1

  • Neil Veillieux

    Director

    Total calculated
    $0
    Hours/week
    1

  • Cisco DeVries

    Director

    Total calculated
    $0
    Hours/week
    1

  • Matt Stanberry

    Director

    Total calculated
    $0
    Hours/week
    1

  • JD Sitton

    Director

    Total calculated
    $0
    Hours/week
    1

  • Heather O'Neill

    President & CEO

    Total calculated
    $352,344
    From this org
    $332,892
    From related orgs
    $0
    Other
    $19,452
    Hours/week
    16

    Schedule J breakdown matched by us

    Base
    $156,844
    Bonus
    $176,048
    Other
    $0
    Deferred
    $18,400
    Nontaxable benefits
    $1,052
    Filer's total
    $352,344

  • Allison Ingram

    Treasurer, EVP Finance/Operations

    Total calculated
    $145,674
    From this org
    $117,173
    From related orgs
    $0
    Other
    $28,501
    Hours/week
    18

  • Jeremy McDiarmid

    General Counsel

    Total calculated
    $9,130
    From this org
    $7,295
    From related orgs
    $0
    Other
    $1,835
    Hours/week
    2

  • Michael Breen

    Sr. Software Developer

    Total calculated
    $192,232
    From this org
    $177,790
    From related orgs
    $0
    Other
    $14,442
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $172,540
    Bonus
    $5,250
    Other
    $0
    Deferred
    $12,353
    Nontaxable benefits
    $2,089
    Filer's total
    $192,232

  • Jeremiah Holston

    Sales Director

    Total calculated
    $208,723
    From this org
    $172,838
    From related orgs
    $0
    Other
    $35,885
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $172,838
    Bonus
    $0
    Other
    $0
    Deferred
    $9,452
    Nontaxable benefits
    $26,433
    Filer's total
    $208,723

  • Brenda Christopher

    Lead Product Manager

    Total calculated
    $185,672
    From this org
    $166,387
    From related orgs
    $0
    Other
    $19,285
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $162,137
    Bonus
    $4,250
    Other
    $0
    Deferred
    $10,940
    Nontaxable benefits
    $8,345
    Filer's total
    $185,672

  • Paige Haskins

    Full Stack Software Engine

    Total calculated
    $164,423
    From this org
    $147,477
    From related orgs
    $0
    Other
    $16,946
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $143,477
    Bonus
    $4,000
    Other
    $0
    Deferred
    $9,895
    Nontaxable benefits
    $7,051
    Filer's total
    $164,423

  • Kate Johnson

    Engagement Director

    Total calculated
    $176,454
    From this org
    $143,808
    From related orgs
    $0
    Other
    $32,646
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $138,058
    Bonus
    $5,750
    Other
    $0
    Deferred
    $11,899
    Nontaxable benefits
    $20,747
    Filer's total
    $176,454

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

Part I, Line 3
President & CEO's salary was initially determined by the Finance Committee and Board Chairman and included in her employment contract. The salary was determined based upon consultation with an outside recruiting firm and comparisons to other similar sized organizations and confirmed by an independent salary survey. The salary is annually approved by the Board Chairman for Advanced Energy United, Inc., Advanced Energy Institute and Counterspark, Inc.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Provenance

Return type
form_990
Tax year
2024
Filed
16 October 2025
IRS schema version
2024v5.2
Source object
202502979349300835

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