- Revenue 2024
- $6,131,857
- Expenses 2024
- $225,718
Program services were 97.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- U200
- Classification
- 1000
- Street
- 3021 E CORNWALLIS ROAD BLDG 3
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
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.
-
MCNC
EIN 58-1406628
Mission and programs · 2024
Mission
MCNC ENDOWMENT IS ORGANIZED AND IS TO BE OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF MCNC, AN NC NONPROFIT CORPORATION.
-
CONDUCTING CHARITABLE, EDUCATIONAL, AND SCIENTIFIC OBJECTIVES ON BEHALF OF MCNC, AND FOR THE PUBLIC PURPOSE OF PROMOTING SCIENTIFIC RESEARCH AND EDUCATION TO ENCOURAGE THE DEVELOPMENT OF THE ELECTRONIC AND INFORMATION TECHNOLOGY INDUSTRIES IN THE STATE OF NORTH CAROLINA.
Expenses $220,151
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.
-
Tracy Doaks
President & CEO
- Total calculated
- $501,244
- From this org
- $0
- From related orgs
- $463,333
- Other
- $37,911
- Hours/week
- 0.4 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $346,333 related
- Bonus
- $0 + $117,000 related
- Other
- $0
- Deferred
- $0 + $33,211 related
- Nontaxable benefits
- $0 + $4,700 related
- Filer's total
- $0 + $501,244 related
-
Charles Maimone
Director
- Total calculated
- $0
- Hours/week
- 0.2 + 0.1 related
-
Cynthia Frost
Director
- Total calculated
- $0
- Hours/week
- 0.3
-
Mark Yusko
Director
- Total calculated
- $0
- Hours/week
- 0.3
-
Neal Triplett
Chair
- Total calculated
- $0
- Hours/week
- 0.3
-
Sara Morgan
Director
- Total calculated
- $0
- Hours/week
- 0.3
-
Ward E Sax
Vice Chair
- Total calculated
- $0
- Hours/week
- 0.2
-
John Sean Doyle
Secretary
- Total calculated
- $274,571
- From this org
- $0
- From related orgs
- $232,095
- Other
- $42,476
- Hours/week
- 0.5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $216,496 related
- Bonus
- $0 + $15,599 related
- Other
- $0
- Deferred
- $0 + $24,178 related
- Nontaxable benefits
- $0 + $18,298 related
- Filer's total
- $0 + $274,571 related
-
Sarah Taylor
Treasurer
- Total calculated
- $296,423
- From this org
- $0
- From related orgs
- $251,940
- Other
- $44,483
- Hours/week
- 0.5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $233,940 related
- Bonus
- $0 + $18,000 related
- Other
- $0
- Deferred
- $0 + $26,070 related
- Nontaxable benefits
- $0 + $18,413 related
- Filer's total
- $0 + $296,423 related
-
Shirley Jennings
Asst. Secretary
- Total calculated
- $167,104
- From this org
- $0
- From related orgs
- $142,996
- Other
- $24,108
- Hours/week
- 0.4 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $131,386 related
- Bonus
- $0 + $11,610 related
- Other
- $0
- Deferred
- $0 + $14,636 related
- Nontaxable benefits
- $0 + $9,472 related
- Filer's total
- $0 + $167,104 related
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
- $6,131,857
- Expenses
- $225,718
- Contributions
- $0
- Grants paid
- $0
-
2023
- Revenue
- $4,226,744
- Expenses
- $197,966
- Contributions
- $155,619
- Grants paid
- $0
-
2022
- Revenue
- $3,434,041
- Expenses
- $205,400
- Contributions
- $0
- 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
-
2024 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2023 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2022 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2021 · 990
- Revenue
- $10,714,490
- Expenses
- $219,683
- Assets (EOY)
- $135,884,775
-
2021 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2020 · 990
- Revenue
- $17,348,211
- Expenses
- $228,894
- Assets (EOY)
- $149,878,939
-
2020 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2019 · 990
- Revenue
- -$625,163
- Expenses
- $169,955
- Assets (EOY)
- $108,788,599
-
2018 · 990
- Revenue
- $10,672,543
- Expenses
- $101,899
- Assets (EOY)
- $110,244,754
-
2017 · 990
- Revenue
- $7,590,990
- Expenses
- $91,824
- Assets (EOY)
- $100,197,053
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
-
501(c)(3) · Broadband Tech · NC
Declared as related by
-
On its 2024 return as a controlled entity
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 SOUNK.
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 13 October 2026 and read 29 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.