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NORTH CAROLINA ADVANCED ENERGY CORPORATION

EIN 56-1275391 RALEIGH, NC

Browse the largest nonprofits in North Carolina

Revenue 2024
$7,935,080
Expenses 2024
$8,579,226

Program services were 65.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
Classification
2000
Street
701 CORPORATE CENTER DR STE 400

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

1 other organization in the IRS Business Master File lists the same street address. matched by us

This address is a suite or unit (STE 400). Organizations that share one are often clients of the same office-services firm, accountant or registered agent rather than related to each other.

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

Mission and programs · 2024

Mission

ADVANCED ENERGY HELPS ALL CUSTOMERS IN NORTH CAROLINA - RESIDENTIAL, COMMERCIAL AND INDUSTRIAL - LOWER COSTS AND ENSURE ENERGY RELIABILITY.

  • ENERGY ENGINEERING, CONSULTING AND TESTING

    Expenses $5,608,427

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Robert Powell

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Chris Edge

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Adam Foodman

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Katharine Kollins

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Jo Anne Sanford

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Venu Ghanta

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dionne Delli-Gatti

    MEMBER-AT-LA

    Total calculated
    $0
    Hours/week
    1
  • Hayes Jernigan Finley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Peter Ledford

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Paul Spruill

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Gaylene Watson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Amy Pickle

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Robert Goodson

    PRESIDENT- (

    Total calculated
    $235,733
    From this org
    $223,388
    From related orgs
    $0
    Other
    $12,345
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $163,386
    Bonus
    $1,521
    Other
    $58,481
    Deferred
    $10,437
    Nontaxable benefits
    $1,908
    Filer's total
    $235,733
  • Brian Coble

    PRESIDENT

    Total calculated
    $266,659
    From this org
    $209,438
    From related orgs
    $0
    Other
    $57,221
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $206,895
    Bonus
    $1,521
    Other
    $1,022
    Deferred
    $47,600
    Nontaxable benefits
    $9,621
    Filer's total
    $266,659
  • Chrstine Maurer

    DIR, OPS&ENG

    Total calculated
    $164,465
    From this org
    $143,364
    From related orgs
    $0
    Other
    $21,101
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $140,999
    Bonus
    $1,521
    Other
    $844
    Deferred
    $7,519
    Nontaxable benefits
    $13,582
    Filer's total
    $164,465
  • Emily Ernst Lunne

    DIR, FINANCE

    Total calculated
    $143,695
    From this org
    $135,372
    From related orgs
    $0
    Other
    $8,323
    Hours/week
    40
  • Eugene Butler

    BUS. DEVELP.

    Total calculated
    $156,452
    From this org
    $147,948
    From related orgs
    $0
    Other
    $8,504
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $145,274
    Bonus
    $1,521
    Other
    $1,153
    Deferred
    $6,971
    Nontaxable benefits
    $1,533
    Filer's total
    $156,452
  • Michael Stowe

    ENGINEER V

    Total calculated
    $170,474
    From this org
    $146,267
    From related orgs
    $0
    Other
    $24,207
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $138,497
    Bonus
    $6,108
    Other
    $1,662
    Deferred
    $7,110
    Nontaxable benefits
    $17,097
    Filer's total
    $170,474
  • Shawn Fitzpatrick

    ENGINEER V

    Total calculated
    $156,496
    From this org
    $140,064
    From related orgs
    $0
    Other
    $16,432
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $137,613
    Bonus
    $1,481
    Other
    $970
    Deferred
    $7,172
    Nontaxable benefits
    $9,260
    Filer's total
    $156,496
  • Michael Lyda

    SR MNGR-LARG

    Total calculated
    $141,877
    From this org
    $123,243
    From related orgs
    $0
    Other
    $18,634
    Hours/week
    40
  • Maria Mauceri

    SR MNGR-WEAT

    Total calculated
    $147,449
    From this org
    $128,465
    From related orgs
    $0
    Other
    $18,984
    Hours/week
    40

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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $7,935,080
    Expenses
    $8,579,226
    Contributions
    $273,746
    Grants paid
    $0
  • 2023
    Revenue
    $8,001,008
    Expenses
    $8,288,349
    Contributions
    $332,565
    Grants paid
    $0
  • 2022
    Revenue
    $8,369,337
    Expenses
    $8,811,211
    Contributions
    $1,189,244
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $8,839,166
    Expenses
    $7,411,080
    Assets (EOY)
    $9,515,286
  • 2020 · 990

    Revenue
    $7,615,886
    Expenses
    $6,350,362
    Assets (EOY)
    $8,294,134
  • 2019 · 990

    Revenue
    $7,840,968
    Expenses
    $6,956,365
    Assets (EOY)
    $6,697,706
  • 2018 · 990

    Revenue
    $7,685,439
    Expenses
    $6,487,004
    Assets (EOY)
    $5,986,199
  • 2017 · 990

    Revenue
    $6,669,273
    Expenses
    $6,350,915
    Assets (EOY)
    $4,616,360
  • 2016 · 990

    Revenue
    $6,887,998
    Expenses
    $6,717,300
    Assets (EOY)
    $4,370,680
  • 2015 · 990

    Revenue
    $7,087,343
    Expenses
    $7,213,592
    Assets (EOY)
    $4,076,287
  • 2014 · 990

    Revenue
    $7,663,476
    Expenses
    $7,792,725
    Assets (EOY)
    $4,335,936
  • 2013 · 990

    Revenue
    $7,118,573
    Expenses
    $8,229,050
    Assets (EOY)
    $4,385,784
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $8,476,330
    Assets (EOY)
    $5,545,096

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Declared as related by

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.