Skip to content
Nonprofiteer
← MCNC

Form 990 for tax year 2022

Filed by MCNC.

Totals

Total revenue
$64,330,012
Total expenses
$60,483,730
Contributions and grants received
$4,800,000
Grants paid
$261,753
Program service revenue
$59,294,987
Investment income
$207,073
Other revenue
$27,952
Total assets, end of year
$150,502,505
Total liabilities, end of year
$45,005,969
Net assets or fund balances, end of year
$105,496,536
Program services expenses (Part IX)
$54,555,323
Management and general expenses
$5,928,407
Fundraising expenses
$0
Program service expenses (Part III)
$54,555,323

Program services were 90.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

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.

  • 1e · Government grants (contributions)

    $4,800,000

  • 2a · Program service revenue: FEES & CONTRACTS FROM GOVERNMENT

    total $37,305,392 · related or exempt $37,305,392

  • 2b · Program service revenue: CONTRACT REVENUE

    total $21,989,595 · related or exempt $21,929,595 · unrelated business $60,000

  • 3 · Investment income

    total $207,073 · excluded $207,073

  • 11a · Other revenue: OTHER INCOME

    total $27,952 · excluded $27,952

  • 11e · Other revenue, total

    $27,952

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $261,753 · program services $261,753

  • 5 · Compensation of officers, directors and key employees

    total $3,020,945 · program services $2,749,060 · management and general $271,885

  • 7 · Other salaries and wages

    total $10,904,004 · program services $8,294,554 · management and general $2,609,450

  • 8 · Pension plan contributions

    total $1,106,610 · program services $890,095 · management and general $216,515

  • 9 · Other employee benefits

    total $1,219,354 · program services $964,590 · management and general $254,764

  • 10 · Payroll taxes

    total $958,138 · program services $787,138 · management and general $171,000

  • 11b · Fees: legal

    total $41,119 · program services $32,524 · management and general $8,595

  • 11c · Fees: accounting

    total $50,782 · management and general $50,782

  • 11d · Fees: lobbying

    total $60,756 · management and general $60,756

  • 11g · Fees: other

    total $3,418,100 · program services $2,805,990 · management and general $612,110

  • 12 · Advertising and promotion

    total $5,600 · program services $2,800 · management and general $2,800

  • 13 · Office expenses

    total $54,339 · program services $45,206 · management and general $9,133

  • 14 · Information technology

    total $8,398,107 · program services $7,511,813 · management and general $886,294

  • 16 · Occupancy

    total $1,034,661 · program services $853,040 · management and general $181,621

  • 17 · Travel

    total $168,881 · program services $161,186 · management and general $7,695

  • 19 · Conferences, conventions and meetings

    total $34,947 · program services $28,437 · management and general $6,510

  • 22 · Depreciation, depletion and amortization

    total $11,942,918 · program services $11,721,052 · management and general $221,866

  • 23 · Insurance

    total $327,089 · program services $235,470 · management and general $91,619

  • 24a · Other expenses: LEASED LINES

    total $11,576,424 · program services $11,575,173 · management and general $1,251

  • 24b · Other expenses: MAINTENANCE & REPAIRS

    total $3,541,056 · program services $3,380,498 · management and general $160,558

  • 24c · Other expenses: PROVISION FOR FIBER CUT

    total $1,455,949 · program services $1,455,949

  • 24d · Other expenses: COLOCATION

    total $664,420 · program services $664,420

  • 24e · All other expenses

    total $237,778 · program services $134,575 · management and general $103,203

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $13,893,831 · end of year $11,903,469

  • 4 · Accounts receivable

    beginning of year $17,402,956 · end of year $11,045,482

  • 9 · Prepaid expenses and deferred charges

    beginning of year $5,167,642 · end of year $5,534,131

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

    $234,426,580

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

    $122,586,985

  • 10c · Land, buildings and equipment, net

    beginning of year $111,239,631 · end of year $111,839,595

  • 15 · Other assets

    beginning of year $4,213,349 · end of year $10,179,828

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,638,850 · end of year $3,965,677

  • 19 · Deferred revenue

    beginning of year $45,196,401 · end of year $37,321,396

  • 25 · Other liabilities

    beginning of year $431,902 · end of year $3,718,896

  • 27 · Net assets without donor restrictions

    beginning of year $100,562,204 · end of year $104,494,694

  • 28 · Net assets with donor restrictions

    beginning of year $1,088,052 · end of year $1,001,842

Mission and programs · 2022

Mission

TO PROVIDE ADVANCED ELECTRONIC AND INFORMATION TECHNOLOGIES TO THE NC EDUCATION COMMUNITY, PUBLIC HEALTH, AND GOVERNMENT AGENCIES AND TO BENEFIT ECONOMIC DEVELOPMENT IN NC.

  • MCNC PROVIDES TECHNICAL INFRASTRUCTURE TO EDUCATE, INNOVATE AND ENHANCE ECONOMIC DEVELOPMENT THROUGHOUT NORTH CAROLINA. MCNC SERVES THE NORTH CAROLINA PUBLIC SECTOR COMMUNITY BY PROVIDING HIGH QUALITY NETWORK INFRASTRUCTURE AND NETWORK RELATED SERVICES. MCNC PROVIDES THE WAN/BACKBONE AND INTERNET CONNECTIVITY TO STATE UNIVERSITIES, COMMUNITY COLLEGES, INDEPENDENT UNIVERSITIES AND COLLEGES, LOCAL EDUCATION AGENCIES (BASICALLY TO EACH COUNTY'S PUBLIC K-12 SCHOOL'S ADMINISTRATION), CHARTER SCHOOLS, PRIVATE K-12 SCHOOLS, LIBRARIES, RESEARCH INSTITUTIONS, PUBLIC HEALTH (FREE CLINICS & HOSPITAL LOCATIONS), AND GOVERNMENT AGENCIES. THESE SERVICES ARE PROVIDED WITH A SERVICE LEVEL AGREEMENT OF 99.99% "UP" TIME. MCNC ADDITIONALLY PROVIDES COLLOCATION/HOSTING OR BACKUP/STORAGE DATA CENTER SERVICES FOR VARIOUS STATE COLLEGES, INDEPENDENT HIGHER EDUCATION COLLEGES, GOVERNMENT AGENCIES, RESEARCH INSTITUTIONS, COMMUNITY COLLEGES, K-12 INSTITUTIONS AND PUBLIC HEALTH INSTITUTIONS. THESE SERVICES ARE PROVIDED 24/7/365.DURING FY 2023 MCNC RECEIVED THE USE OF LAND FOR THEIR CAMPUS FROM TUCASI (TRIANGLE UNIVERSITIES CENTER FOR ADVANCED STUDIES, INC.), VALUED AT $783,469.

    Expenses $54,555,323 · Grants $261,753 · Revenue $59,294,987

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • A Hope Williams

    CHAIR

    Total calculated
    $0
    Hours/week
    0.23

  • Keith Werner

    CHAIR

    Total calculated
    $0
    Hours/week
    0.23

  • Tracey Futhey

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.17

  • Ray Carey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.17

  • Myra Best

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.23

  • Dennis Kekas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.17

  • Charles Maimone

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.17 + 0.06 related

  • Ajit Sivadasan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.06

  • Curtis Wynn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • Patrick Fleming

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.23

  • Catherine Truitt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12

  • Dave Kirby

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.17

  • Penny Gordon-Larson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0

  • Maria Thompson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.17

  • Tracy Doaks

    PRESIDENT/CEO

    Total calculated
    $498,877
    From this org
    $452,999
    From related orgs
    $0
    Other
    $45,878
    Hours/week
    40.83 + 0.35 related

    Schedule J breakdown matched by us

    Base
    $448,453
    Bonus
    $0
    Other
    $4,546
    Deferred
    $32,314
    Nontaxable benefits
    $15,586
    Filer's total
    $500,899

  • Edward T Jacobson

    VP/COO

    Total calculated
    $359,856
    From this org
    $306,194
    From related orgs
    $0
    Other
    $53,662
    Hours/week
    42.15

    Schedule J breakdown matched by us

    Base
    $302,708
    Bonus
    $0
    Other
    $3,486
    Deferred
    $29,700
    Nontaxable benefits
    $25,458
    Filer's total
    $361,352

  • Rachel J Pisciotta

    CFO/TREASURER

    Total calculated
    $261,954
    From this org
    $207,248
    From related orgs
    $0
    Other
    $54,706
    Hours/week
    45.04 + 0.46 related

    Schedule J breakdown matched by us

    Base
    $204,355
    Bonus
    $0
    Other
    $2,893
    Deferred
    $21,730
    Nontaxable benefits
    $33,659
    Filer's total
    $262,637

  • John Sean Doyle

    SECRETARY/GENERAL COUNSEL

    Total calculated
    $253,303
    From this org
    $197,713
    From related orgs
    $0
    Other
    $55,590
    Hours/week
    41.6 + 0.46 related

    Schedule J breakdown matched by us

    Base
    $193,793
    Bonus
    $0
    Other
    $3,920
    Deferred
    $20,479
    Nontaxable benefits
    $36,218
    Filer's total
    $254,410

  • Shirley Jennings

    ASSISTANT SECRETARY

    Total calculated
    $145,606
    From this org
    $116,296
    From related orgs
    $0
    Other
    $29,310
    Hours/week
    40

  • Christopher Beal

    CHIEF INFO SECURITY OFFICE

    Total calculated
    $306,708
    From this org
    $246,117
    From related orgs
    $0
    Other
    $60,591
    Hours/week
    41.69

    Schedule J breakdown matched by us

    Base
    $243,213
    Bonus
    $0
    Other
    $2,904
    Deferred
    $25,419
    Nontaxable benefits
    $35,934
    Filer's total
    $307,470

  • Matthew Valenzisi

    DIRECTOR, NETWORK ARCHITEC

    Total calculated
    $273,734
    From this org
    $229,818
    From related orgs
    $0
    Other
    $43,916
    Hours/week
    53.75

    Schedule J breakdown matched by us

    Base
    $225,486
    Bonus
    $0
    Other
    $4,332
    Deferred
    $23,402
    Nontaxable benefits
    $21,691
    Filer's total
    $274,911

  • David Furiness

    SR DIRECTOR, NETWORK ENGIN

    Total calculated
    $266,286
    From this org
    $218,775
    From related orgs
    $0
    Other
    $47,511
    Hours/week
    41.62

    Schedule J breakdown matched by us

    Base
    $213,841
    Bonus
    $0
    Other
    $4,934
    Deferred
    $22,553
    Nontaxable benefits
    $25,624
    Filer's total
    $266,952

  • James Nester

    SR DIRECTOR, CLIENT ADVOCARY

    Total calculated
    $223,125
    From this org
    $171,438
    From related orgs
    $0
    Other
    $51,687
    Hours/week
    40.23

    Schedule J breakdown matched by us

    Base
    $168,461
    Bonus
    $0
    Other
    $2,977
    Deferred
    $17,815
    Nontaxable benefits
    $34,424
    Filer's total
    $223,677

  • David Brain

    DIRECTOR, ENTERPRISE IT

    Total calculated
    $248,578
    From this org
    $190,098
    From related orgs
    $0
    Other
    $58,480
    Hours/week
    42.68

    Schedule J breakdown matched by us

    Base
    $187,373
    Bonus
    $0
    Other
    $2,725
    Deferred
    $20,128
    Nontaxable benefits
    $38,954
    Filer's total
    $249,180

  • Orlando Suitte

    SR MANAGER, CORE ENGINEERING

    Total calculated
    $232,071
    From this org
    $173,890
    From related orgs
    $0
    Other
    $58,181
    Hours/week
    44.05

    Schedule J breakdown matched by us

    Base
    $171,569
    Bonus
    $0
    Other
    $2,321
    Deferred
    $18,693
    Nontaxable benefits
    $41,229
    Filer's total
    $233,812

  • William E Parker

    SR MANAGER, NETWORK OPERATIONS

    Total calculated
    $214,114
    From this org
    $173,853
    From related orgs
    $0
    Other
    $40,261
    Hours/week
    42.06

    Schedule J breakdown matched by us

    Base
    $171,837
    Bonus
    $0
    Other
    $2,016
    Deferred
    $18,183
    Nontaxable benefits
    $23,355
    Filer's total
    $215,391

  • Paul Kamen

    SR MANAGER, ENTERPRISE IT SVS

    Total calculated
    $202,468
    From this org
    $171,971
    From related orgs
    $0
    Other
    $30,497
    Hours/week
    41.79

    Schedule J breakdown matched by us

    Base
    $169,761
    Bonus
    $0
    Other
    $2,210
    Deferred
    $17,313
    Nontaxable benefits
    $13,702
    Filer's total
    $202,986

  • Matthew Kinney

    DIRECTOR, HUMAN RESOURCES

    Total calculated
    $211,626
    From this org
    $169,737
    From related orgs
    $0
    Other
    $41,889
    Hours/week
    42.08

    Schedule J breakdown matched by us

    Base
    $167,332
    Bonus
    $0
    Other
    $2,405
    Deferred
    $17,986
    Nontaxable benefits
    $24,915
    Filer's total
    $212,638

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 · Compensation committee
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 5a · Pay contingent on this organization's revenues

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 5
MCNC'S PRESIDENT HAS THE POTENTIAL TO RECEIVE AN ANNUAL BONUS BASED ON SEVERAL FACTORS MEASURING IMPROVEMENTS OVER THE PRIOR YEAR, ONE FACTOR BEING REVENUE GROWTH, AFTER APPROVAL BY THE BOARD OF DIRECTORS.

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

  • THE GOLDEN LEAF INC

    $1,099,560

    TO SUPPORT RURAL BROADBAND FOR ECONOMIC DEVELOPMENT, EDUCATION, HEALTH CARE, NON-PORFITS AND ANCHOR INSTITUTIONS

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • MCNC ENDOWMENT

    501(C)(3) · SUPPORT MCNC · NC · controlled entity

    Directly controlled by MCNC

Provenance

Return type
form_990
Tax year
2022
Filed
5 February 2024
IRS schema version
2022v5.0
Source object
202430369349301363

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.