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EIN 56-1275391

North Carolina Advanced Energy Corporation

IRS 501(c) type
501(c)(3)
Num. employees
72
City
Raleigh
State
North Carolina
Year formed
1980
Most recent tax filings
2023-12-01
NTEE code, primary
C35: Energy Resource Conservation and Development
Description
North Carolina Advanced Energy Corporation moderates the rise in demand for electricity and shifts demand to off-peak periods as its major goals as charged by its Articles of Incorporation. It educates consumers about energy while creating economic, environmental, and societal benefits through innovative approaches. Its programs include testing, consulting, and training. The corporation is located in Raleigh, NC.
Total revenues
$8,001,008
2023
Total expenses
$8,288,349
2023
Total assets
$10,460,302
2023
Num. employees
72
2023

Program areas at North Carolina Advanced Energy Corporation

Testing, consulting and training

Financials for North Carolina Advanced Energy Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$332,565
Program services$7,555,751
Investment income and dividends$112,692
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$8,001,008

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Data update history
April 28, 2025
Updated personnel
Identified 9 new personnel
November 1, 2024
Updated personnel
Identified 5 new personnel
August 3, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 31, 2024
Updated personnel
Identified 1 new personnel
July 21, 2024
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Social advocacy organizationsEnvironmental organizationsHeadquarter / parent organizationsCharities
Issues
Science and technologyEnergy conservationEnvironment
Characteristics
MembershipsConducts researchOperates internationallyState / local levelReceives government fundingManagement and technical assistanceTax deductible donationsAccepts online donations
General information
Address
909 Capability Dr
Raleigh, NC 27606
Metro area
Raleigh-Cary, NC
County
Wake County, NC
Website URL
advancedenergy.org/ 
Phone
(919) 857-9000
IRS details
EIN
56-1275391
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1980
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
C35: Energy Resource Conservation and Development
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Central organization
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