2016-08-15T09:42:29-05:00 2015-09-30 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 2000 TOWN CENTER SUITE 900 SOUTHFIELD MI 48075 990 2014-10-01 020648628 NEXTENERGY CENTER NEXT 3138330100 461 BURROUGHS STREET DETROIT MI 482023419 JEAN REDFIELD CHIEF EXECUTIVE OFFICER 3138330100 2016-08-11 1 MICHAEL F FENBERG P01284396 2483727300 2016-08-09 2014 2016-12-15 16:53:06Z JEAN REDFIELD 461 BURROUGHS STREET DETROIT MI 482023419 4418807 0 X WWW.NEXTENERGY.ORG X 2002 MI TO ACCELERATE THE DEVELOPMENT AND COMMERCIALIZATION OF ADVANCED ENERGY TECHNOLOGIES. 12 12 34 0 0 0 4802900 3843357 683065 317596 3043 1286 199551 256568 5688559 4418807 0 0 0 0 2473124 2464461 0 0 0 5101226 3235823 7574350 5700284 -1885791 -1281477 18744505 16294288 1602766 434026 17141739 15860262 X TO ENABLE THE COMMERCIALIZATION OF ENERGY TECHNOLOGIES THAT POSITIVELYCONTRIBUTE TO ECONOMIC COMPETITIVENESS, ENERGY SECURITY, AND THE ENVIRONMENT. 0 0 474349 849538 FEDERAL PROGRAMS - TO DEVELOP AND EXECUTE CONSORTIA-BASED RESEARCH AND DEVELOPMENT PROGRAMS TO ACCELERATE THE COMMERCIALIZATION OF ADVANCED ENERGY TECHNOLOGIES AND SYSTEMS 2045111 2465528 STATE PROGRAMS - TO SUPPORT THE ORGANIZATION'S MISSION THROUGH FACILITATION OF RESEARCH, INDUSTRY DEVELOPMENT, MANUFACTURING, AND NETWORKING PROGRAMS WITHIN ADVANCED TECHNOLOGY APPLICATIONS AND INDUSTRIES FOUNDATIONS - TO SUPPORT THE ORGANIZATION'S CORE MISSION THROUGH CAPACITY BUILDING AND/OR PROGRAM FUNDING; PROGRAM FUNDS HAVE BEEN PROVIDED TO SUPPORT POLICY DEVELOPMENT AND TECHNOLOGY DEVELOPMENT FOR ADVANCED ENERGY AND SUSTAINABLE TECHNOLOGIES IN DETROIT AND SOUTHEAST MICHIGAN 2008508 1103741 BUILDING OPERATIONS - TO MAINTAIN A FACILITY WHICH WILL ENTICE PROSPECTIVE TENANTS TO LEASE LABORATORIES, AS WELL AS TO PROVIDE TESTING AND VALIDATION FOR EMERGING ALTERNATIVE ENERGY CONSULTING - TO PROVIDE EXPERTISE THAT IS UNAVAILABLE AT THE STAFF LEVEL, TO CATER TO MANY ACTIVITIES THAT ARE TIME-SENSITIVE AND REQUIRE SPECIFIC EXPERTISE, AND TO ASSIST IN THE TIMELY EXECUTION OF PROGRAM DELIVERABLES 2008508 1103741 4527968 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 1 34 1 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 1 1 0 MI X JEAN REDFIELD 3138330100 461 BURROUGHS STREET DETROIT MI 482023419 PATRICIA GLAZA DIRECTOR 2.00 X 0 0 0 STEVEN HILFINGER DIRECTOR 2.00 X 0 0 0 LIZABETH ARDISANA DIRECTOR 2.00 X 0 0 0 MARK A BARTEAU DIRECTOR 2.00 X 0 0 0 ERIC SHREFFLER DIRECTOR 2.00 X 0 0 0 PAUL F SKALNY DIRECTOR 2.00 X 0 0 0 NED STAEBLER DIRECTOR 2.00 X 0 0 0 DAVID B SANDALOW DIRECTOR 2.00 X 0 0 0 MARIA A THOMPSON BOARD CHAIR 2.00 X 0 0 0 STEVEN E KURMAS VICE CHAIR 2.00 X 0 0 0 MICHAEL A BOULUS SECRETARY & TREASURER 2.00 X 0 0 0 JEAN REDFIELD PRESIDENT & CEO 40.00 X 253460 0 0 DAN RADOMSKI VICE PRESIDENT INDUSTRY & VENTURE DEVELOPMENT 40.00 X 165369 0 0 JAMES SABER VICE PRESIDENT BUSINESS & TECHNOLOGY DEVELOPMENT 40.00 X 171946 0 0 ROLAND KIBLER CHIEF TECHNOLOGIST 40.00 X 120980 0 0 WILLIAM C MOESER FORMER DIRECTOR 40.00 X 111518 0 0 823273 0 0 5 1 1 0 0 3520115 323242 3843357 CONSULTING REVENUE 541700 317596 317596 317596 1286 1286 255898 0 255898 255898 255898 670 670 670 4418807 573494 0 1956 2059765 1462137 597628 255773 185897 69876 148923 108238 40685 12702 12178 524 27050 25934 1116 503160 482407 20753 68364 40533 27831 425461 345578 79883 193066 192424 642 4268 4268 1660586 1328469 332117 CONTRACTORS 328705 328705 MISCELLANEOUS 12461 11200 1261 5700284 4527968 1172316 0 669992 1045424 737526 488812 2725024 1132292 0 26280 35311 28275323 14682874 14585683 13592449 18744505 16294288 1583830 384740 30350 18936 18936 1602766 434026 X 16462391 15223737 679348 636525 17141739 15860262 18744505 16294288 -1281477 0 X X 0 1 X 1 1 1 X 3856547 5815299 4453701 4802900 3843357 22771804 3856547 5815299 4453701 4802900 3843357 22771804 22771804 215647 205069 195304 191161 257184 1064365 3477 453 7620 11433 670 23653 23859822 0.95440 0.95510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 558261 558261 837392 118125 118125 139565 139565 209348 1063232 1063232 13541846 4648220 8893626 2170994 2039871 131123 11499251 7994783 3504468 13592449 SECURITY DEPOSIT 18936 18936 X 4418807 0 4418807 0 4418807 5700284 0 5700284 0 5700284 PART X, LINE 2: THE CENTER HAS RECEIVED NOTIFICATION THAT IT QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE AND CORRESPONDING PROVISIONS OF STATE LAW AND, ACCORDINGLY, IS NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES ON RELATED INCOME. THE CENTER FOLLOWS GUIDELINES INCLUDED IN STANDARDS RELATING TO THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE FINANCIAL STATEMENTS, ONLY IF THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE CENTER RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF A TAX POSITION ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. FOR TAX POSITIONS MEETING THE MORE LIKELY THAN NOT THRESHOLD, THE AMOUNT RECOGNIZED IN THE FINANCIAL STATEMENTS IS THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED, UPON ULTIMATE SETTLEMENT WITH THE RELEVANT TAX AUTHORITY. BASED ON ITS EVALUATION, THE CENTER HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN ITS FINANCIAL STATEMENTS. THE CENTER IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS BY THE INTERNAL REVENUE SERVICE FOR THE YEARS ENDING BEFORE SEPTEMBER 30, 2011. THE CENTER IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. X X X X X 0 0 0 0 0 0 0 1 0 JEAN REDFIELD PRESIDENT & CEO 235960 0 17500 0 0 0 0 0 0 0 253460 0 0 0 DAN RADOMSKI VICE PRESIDENT INDUSTRY & VENTURE DE 152677 0 12692 0 0 0 0 0 0 0 165369 0 0 0 JAMES SABER VICE PRESIDENT BUSINESS & TECHNOLOGY 155706 0 16240 0 0 0 0 0 0 0 171946 0 0 0 WILLIAM C MOESER FORMER DIRECTOR 94018 0 17500 0 0 0 0 0 0 0 111518 0 0 0 PART I, LINE 7 NEXTENERGY OFFERS AN INCENTIVE COMPENSATION PAYMENT TO EMPLOYEES BASED ON ORGANIZATIONAL AND INDIVIDUAL PERFORMANCE IF ORGANIZATIONAL GOALS ARE MET, AND THE ORGANIZATION HAS POSITIVE CASH FLOW IN AN AMOUNT TO OFFSET THE BONUS PAYMENTS. ORGANIZATIONAL PERFORMANCE BONUS IS DISTRIBUTED AS A LUMP SUM TO ALL EMPLOYEES AND INDIVIDUAL PERFORMANCE BONUS IS PAID AS 0 TO 7% OF EMPLOYEE BASE PAY, BASED ON INDIVIDUAL PERFORMANCE RATINGS. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS REVIEWED AND COPIES PROVIDED TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS NOMINATIONS AND COMPENSATION COMMITTEE IS INVOLVED IN THE REVIEW AND THE APPROVAL OF THE COMPENSATION RANGE FOR THE CHIEF EXECUTIVE OFFICER AND OTHER KEY PERSONNEL. AN INDEPENDENT OUTSIDE FIRM IS UTILIZED EVERY THREE YEARS TO REVIEW AND VERIFY SALARY RANGE APPROPRIATENESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT.