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 WilliamsA HOPE WILLIAMS
CHAIR
- Total calculated
- $0
- Hours/week
- 0.23
-
Keith WernerKEITH WERNER
CHAIR
- Total calculated
- $0
- Hours/week
- 0.23
-
Tracey FutheyTRACEY FUTHEY
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0.17
-
Ray CareyRAY CAREY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.17
-
Myra BestMYRA BEST
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.23
-
Dennis KekasDENNIS KEKAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.17
-
Charles MaimoneCHARLES MAIMONE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.17 + 0.06 related
-
Ajit SivadasanAJIT SIVADASAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.06
-
Curtis WynnCURTIS WYNN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Patrick FlemingPATRICK FLEMING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.23
-
Catherine TruittCATHERINE TRUITT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.12
-
Dave KirbyDAVE KIRBY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.17
-
Penny Gordon-LarsonPENNY GORDON-LARSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Maria ThompsonMARIA THOMPSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.17
-
Tracy DoaksTRACY 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 JacobsonEDWARD 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 PisciottaRACHEL 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 DoyleJOHN 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 JenningsSHIRLEY JENNINGS
ASSISTANT SECRETARY
- Total calculated
- $145,606
- From this org
- $116,296
- From related orgs
- $0
- Other
- $29,310
- Hours/week
- 40
-
Christopher BealCHRISTOPHER 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 ValenzisiMATTHEW 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 FurinessDAVID 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 NesterJAMES 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 BrainDAVID 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 SuitteORLANDO 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 ParkerWILLIAM 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 KamenPAUL 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 KinneyMATTHEW 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
-
$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.
-
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.
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