2024-02-05T16:34:24-06:00 2023-06-30 561750124 BATCHELOR TILLERY & ROBERTS LLP 3605 GLENWOOD AVENUE SUITE 350 RALEIGH NC 27612 990 2022-07-01 581406628 MCNC MCNC 9192481820 3021 E CORNWALLIS RD PO BOX 12889 RESEARCH TRIANGLE PARK NC 277092889 SARAH TAYLOR CFO/TREASURER 9192481820 2024-02-05 1 SARAH TAYLOR 999009999 0 JARED L PILAND P01326291 9197878212 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SARAH TAYLOR 3021 E CORNWALLIS ROAD RESEARCH TRIANGLE PARK NC 27709 64330012 0 X WWW.MCNC.ORG X 1980 NC TO PROVIDE ADVANCED ELECTRONIC AND INFORMATION TECHNOLOGIES TO THE NC EDUCATION COMMUNITY, PUBLIC HEALTH, AND GOVERNMENT AGENCIES AND TO BENEFIT ECONOMIC DEVELOPMENT IN NC. 14 14 134 14 60000 0 4873000 4800000 49426616 59294987 5755608 207073 113513 27952 60168737 64330012 1057668 261753 0 0 15135533 17209051 0 0 0 43856866 43012926 60050067 60483730 118670 3846282 151917409 150502505 50267153 45005969 101650256 105496536 X TO PROVIDE ADVANCED ELECTRONIC AND INFORMATION TECHNOLOGIES TO THE NC EDUCATION COMMUNITY, PUBLIC HEALTH, AND GOVERNMENT AGENCIES AND TO BENEFIT ECONOMIC DEVELOPMENT IN NC. 0 0 54555323 261753 59294987 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. 54555323 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 55 0 134 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X SARAH TAYLOR 9192481820 3021 E CORNWALLIS ROAD RESEARCH TRIANGLE PARK NC 277092889 A HOPE WILLIAMS CHAIR 0.23 X 0 0 0 KEITH WERNER CHAIR 0.23 X 0 0 0 TRACEY FUTHEY VICE CHAIR 0.17 X 0 0 0 RAY CAREY DIRECTOR 0.17 X 0 0 0 MYRA BEST DIRECTOR 0.23 X 0 0 0 DENNIS KEKAS DIRECTOR 0.17 X 0 0 0 CHARLES MAIMONE DIRECTOR 0.17 0.06 X 0 0 0 AJIT SIVADASAN DIRECTOR 0.06 X 0 0 0 CURTIS WYNN DIRECTOR 0.00 X 0 0 0 PATRICK FLEMING DIRECTOR 0.23 X 0 0 0 CATHERINE TRUITT DIRECTOR 0.12 X 0 0 0 DAVE KIRBY DIRECTOR 0.17 X 0 0 0 PENNY GORDON-LARSON DIRECTOR 0.00 X 0 0 0 MARIA THOMPSON DIRECTOR 0.17 X 0 0 0 TRACY DOAKS PRESIDENT/CEO 40.83 0.35 X 452999 0 45878 EDWARD T JACOBSON VP/COO 42.15 X 306194 0 53662 RACHEL J PISCIOTTA CFO/TREASURER 45.04 0.46 X 207248 0 54706 JOHN SEAN DOYLE SECRETARY/GENERAL COUNSEL 41.60 0.46 X 197713 0 55590 SHIRLEY JENNINGS ASSISTANT SECRETARY 40.00 X 116296 0 29310 CHRISTOPHER BEAL CHIEF INFO SECURITY OFFICE 41.69 X 246117 0 60591 MATTHEW VALENZISI DIRECTOR, NETWORK ARCHITEC 53.75 X 229818 0 43916 DAVID FURINESS SR DIRECTOR, NETWORK ENGIN 41.62 X 218775 0 47511 JAMES NESTER SR DIRECTOR, CLIENT ADVOCARY 40.23 X 171438 0 51687 DAVID BRAIN DIRECTOR, ENTERPRISE IT 42.68 X 190098 0 58480 ORLANDO SUITTE SR MANAGER, CORE ENGINEERING 44.05 X 173890 0 58181 WILLIAM E PARKER SR MANAGER, NETWORK OPERATIONS 42.06 X 173853 0 40261 PAUL KAMEN SR MANAGER, ENTERPRISE IT SVS 41.79 X 171971 0 30497 MATTHEW KINNEY DIRECTOR, HUMAN RESOURCES 42.08 X 169737 0 41889 3026147 0 672159 56 0 1 0 DLT SOLUTIONS LLC PO BOX 743359 ATLANTA GA 30374 MANAGED FIREWALL 6012728 GENUINE CABLE GROUP LLC PO BOX 734769 CHICAGO IL 60673 FIBER INSTALLTION/MAINTENANCE 1109147 DIVERSIFIED UTILITY GROUP 6920 E MARSHVILLE BLVD MARSHVILLE NC 28103 FIBER LOCATING 745220 GLOBE COMMUNICATIONS LLC PO BOX 947787 ATLANTA GA 30394 FIBER INSTALLTION/MAINTENANCE 647388 RSM US LLP 5155 PAYSPHERE CIRCLE CHICAGO IL 60674 SOFTWARE SUPPORT 343598 6 4800000 4800000 FEES & CONTRACTS FROM GOVERNMENT 900099 37305392 37305392 CONTRACT REVENUE 541900 21989595 21929595 60000 59294987 207073 207073 OTHER INCOME 900099 27952 27952 27952 64330012 59234987 60000 235025 261753 261753 3020945 2749060 271885 10904004 8294554 2609450 1106610 890095 216515 1219354 964590 254764 958138 787138 171000 41119 32524 8595 50782 50782 60756 60756 3418100 2805990 612110 5600 2800 2800 54339 45206 9133 8398107 7511813 886294 1034661 853040 181621 168881 161186 7695 34947 28437 6510 11942918 11721052 221866 327089 235470 91619 LEASED LINES 11576424 11575173 1251 MAINTENANCE & REPAIRS 3541056 3380498 160558 PROVISION FOR FIBER CUT 1455949 1455949 COLOCATION 664420 664420 237778 134575 103203 60483730 54555323 5928407 0 13893831 11903469 17402956 11045482 5167642 5534131 234426580 122586985 111239631 111839595 4213349 10179828 151917409 150502505 4638850 3965677 45196401 37321396 431902 3718896 50267153 45005969 X 100562204 104494694 1088052 1001842 101650256 105496536 151917409 150502505 X 3846282 -2 X 0 1 X 1 0 X 4300000 4356500 4800000 4873000 4800000 23129500 783469 783469 783469 783469 783469 3917345 5083469 5139969 5583469 5656469 5583469 27046845 27046845 91991 58600 19766 20476 207073 397906 19649 676 63410 59974 60000 203709 134238 157506 107608 113513 27952 540817 28189277 238392341 0.95950 0.96710 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 60756 60756 60438048 60498804 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 61109 60353 65353 60756 247571 250000 250000 250000 250000 1000000 1500000 135868117 166822 7505346 166894 38506 143334885 149825703 4518273 -18256176 177498 42185 135868117 108762529 5179552 36112516 178077 50817 149825703 110181017 200070 -1448603 114772 55183 108762529 100179621 7063147 3040148 59322 42577 110181017 1.00000 0 1 1 656709 656709 15780277 10505418 5274859 193188443 99744652 93443791 24801151 12336915 12464236 111839595 OPERATING LEASE RIGHT-OF-USE ASSETS 3320380 RESTRICTED CASH 701832 OTHER ASSETS 6157616 10179828 TFP SERVICE OBLIGATION 392860 OPERATING LEASE LIABILITIES 3326036 3718896 64330012 0 64330012 0 64330012 60483730 0 60483730 0 60483730 PART V, LINE 4: INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS: MCNC INDIRECTLY HOLDS ASSETS IN ENDOWMENT FUNDS THROUGH ITS SUPPORTING ORGANIZATION, MCNC ENDOWMENT. THE MCNC ENDOWMENT WAS ESTABLISHED TO BE OPERATED EXCLUSIVELY FOR THE BENEFIT OF MCNC FOR CHARITABLE, EDUCATIONAL AND SCIENTIFIC OBJECTIVES, AND FOR THE PUBLIC PURPOSE OF PROMOTING SCIENTIFIC RESEARCH AND EDUCATION TO ENCOURAGE THE DEVELOPMENT OF THE ELECTRONIC AND INFORMATION TECHNOLOGIES INDUSTRIES IN THE STATE OF NORTH CAROLINA. MCNC OWNS AN EXTENSIVE FIBER NETWORK ACROSS THE STATE OF NC. ONE OF THE PRIMARY PURPOSES OF THE ENDOWMENT WILL BE TO ENABLE THE NETWORK REFRESH OF THIS NETWORK AS THE ASSETS APPROACH END OF LIFE. 1 THE GOLDEN LEAF INC 301 N WINSTEAD AVE ROCKY MOUNT NC 27804 522204473 501(C)(3) 1099560 0 TO SUPPORT RURAL BROADBAND FOR ECONOMIC DEVELOPMENT, EDUCATION, HEALTH CARE, NON-PORFITS AND ANCHOR INSTITUTIONS PART I, LINE 2: GENERAL INFORMATION ON GRANTS AND ASSISTANCE: MCNC MONITORS THE GOLDEN LEAF FOUNDATION'S USE OF GRANT FUNDS FOR COMPLIANCE TO REGULATIONS IN THE AGREEMENT BETWEEN MCNC AND THE GOLDEN LEAF FOUNDATION. X X X X 0 0 0 1 0 0 0 0 0 TRACY DOAKS PRESIDENT/CEO 448453 0 0 0 4546 0 32314 0 15586 0 500899 0 0 0 EDWARD T JACOBSON VP/COO 302708 0 0 0 3486 0 29700 0 25458 0 361352 0 0 0 CHRISTOPHER BEAL CHIEF INFO SECURITY OFFICE 243213 0 0 0 2904 0 25419 0 35934 0 307470 0 0 0 MATTHEW VALENZISI DIRECTOR, NETWORK ARCHITEC 225486 0 0 0 4332 0 23402 0 21691 0 274911 0 0 0 DAVID FURINESS SR DIRECTOR, NETWORK ENGIN 213841 0 0 0 4934 0 22553 0 25624 0 266952 0 0 0 RACHEL J PISCIOTTA CFO/TREASURER 204355 0 0 0 2893 0 21730 0 33659 0 262637 0 0 0 JOHN SEAN DOYLE SECRETARY/GENERAL COUNSEL 193793 0 0 0 3920 0 20479 0 36218 0 254410 0 0 0 DAVID BRAIN DIRECTOR, ENTERPRISE IT 187373 0 0 0 2725 0 20128 0 38954 0 249180 0 0 0 ORLANDO SUITTE SR MANAGER, CORE ENGINEERING 171569 0 0 0 2321 0 18693 0 41229 0 233812 0 0 0 JAMES NESTER SR DIRECTOR, CLIENT ADVOCARY 168461 0 0 0 2977 0 17815 0 34424 0 223677 0 0 0 WILLIAM E PARKER SR MANAGER, NETWORK OPERATIONS 171837 0 0 0 2016 0 18183 0 23355 0 215391 0 0 0 MATTHEW KINNEY DIRECTOR, HUMAN RESOURCES 167332 0 0 0 2405 0 17986 0 24915 0 212638 0 0 0 PAUL KAMEN SR MANAGER, ENTERPRISE IT SVS 169761 0 0 0 2210 0 17313 0 13702 0 202986 0 0 0 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. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS: THE FORM 990 IS PROVIDED TO THE GOVERNING BODY FOR REVIEW AND COMMENT BEFORE IT IS FILED. IT IS THE RESPONSIBILITY OF THE CHIEF FINANCIAL OFFICER TO VERIFY THE RECONCILIATION OF THE TAX RETURN TO THE AUDITED FINANCIAL STATEMENT PRIOR TO THE TAX RETURN BEING FILED. THE FINANCE AND AUDIT COMMITTEE OF THE GOVERNING BODY REVIEWS AND APPROVES THE TAX RETURN FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C MONITORING CONFLICTS OF INTEREST: MCNC'S DIRECTORS ARE REQUIRED TO SIGN A NEW CONFLICT OF INTEREST POLICY STATEMENT ANNUALLY. SUBSEQUENT REVIEW OF ANY NOTED EXCEPTIONS ARE APPROPRIATELY ACTED UPON IF REQUIRED. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION: COMPENSATION FOR MCNC'S CEO/PRESIDENT IS DERIVED THROUGH A MULTI-FACETED APPROACH. SALARY SURVEY DATA IS COLLECTED AND SHARED WITH THE BOARD'S NOMINATING & GOVERNANCE COMMITTEE. THE NOMINATING & GOVERNANCE COMMITTEE THEN PRESENTS THEIR RECOMMENDATION TO THE BOARD. UPON A PROPERLY RECORDED BOARD VOTE, A CONTRACT IS THEN EXECUTED. FOR ALL OTHER POSITIONS, EACH JOB IS CAREFULLY STUDIED BY THE DIRECTOR OF HUMAN RESOURCES AND A JOB CLASS ASSIGNED. SALARY SURVEY DATA IS THEN COLLECTED AND A SALARY RANGE FOR THE JOB CLASS IS DETERMINED IF THE CLASS DID NOT HAVE A PREVIOUSLY DETERMINED RANGE (NEW JOB CLASSES WOULD BE THE ONLY CASE WHERE RANGES ARE NOT CURRENTLY AVAILABLE). THE EMPLOYEE IS THEN OFFERED A SALARY WITHIN THE RANGE BASED ON THEIR SPECIFIC SKILL SETS AND EXPERIENCE LEVELS. ANY OFFICER SALARY BEYOND THE CEO/PRESIDENT'S COMPENSATION FURTHER REQUIRES BOARD APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 MAKING INFORMATION AVAILABLE TO THE PUBLIC: MCNC'S MISSION IS POSTED ON THE MCNC WEBSITE. OUR ARTICLES OF INCORPORATION ARE AVAILABLE ON-LINE WITH THE NC SECRETARY OF THE STATE'S OFFICE. ALL OTHER DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST TO THE CORPORATE SECRETARY. FORM 990, PART XI, LINE 9: AUDIT ADJUSTMENT OF NET ASSETS AT BEGINNING OF YEAR -2. MCNC ENDOWMENT 3021 E CORNWALLIS ROAD RTP NC 27709 582591748 SUPPORT MCNC NC 501(C)(3) 11A MCNC 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 MCNC ENDOWMENT Q 163731 FMV MCNC ENDOWMENT R 163731 FMV