2014-08-13T13:22:16-05:00 2013-09-30 390859910 BAKER TILLY VIRCHOW KRAUSE LLP ONE TOWNE SQUARE SUITE 600 SOUTHFIELD MI 48076 990 2012-10-01 020648628 NEXTENERGY CENTER NEXT 3138330100 461 BURROUGHS STREET DETROIT MI 482023419 JEAN REDFIELD 3138330100 2014-08-13 1 MICHAEL F FENBERG P01284396 2483727300 2014-08-11 2012 2015-11-30 17:44:51Z JEAN REDFIELD 461 BURROUGHS STREET DETROIT MI 482023419 6300694 0 X WWW.NEXTENERGY.ORG X 2002 MI TO DEVELOP, EXECUTE AND TEST RESEARCH AND DEVELOPMENT PROGRAMS TO ACCELERATE THE COMMERCIALIZATION OF ADVANCED ENERGY TECHNOLOGIES. 9 9 33 10 0 0 5815299 4453701 1526822 1625018 -55670 -12853 197816 215777 7484267 6281643 0 0 0 0 3105391 2583846 0 0 42465 5059834 4268179 8165225 6852025 -680958 -570382 20500663 20234354 902751 1206824 19597912 19027530 X TO ENABLE THE COMMERCIALIZATION OF ENERGY TECHNOLOGIES THAT POSITIVELYCONTRIBUTE TO ECONOMIC COMPETITIVENESS, ENERGY SECURITY, AND THE ENVIRONMENT. 0 0 1306486 FEDERAL PROGRAMS - TO DEVELOP AND EXECUTE CONSORTIA-BASED RESEARCH AND DEVELOPMENT PROGRAMS TO ACCELERATE THE COMMERCIALIZATION OF ADVANCED ENERGY TECHNOLOGIES AND SYSTEMS 2750000 STATE PROGRAMS - TO SUPPORT THE ORGANIZATION'S MISSION THROUGH FACILITATION OF RESEARCH, INDUSTRY DEVELOPMENT, MANUFACTURING, AND NETWORKING PROGRAMS WITHIN ADVANCED TECHNOLOGY APPLICATIONS AND INDUSTRIES 1535810 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 34022 1625018 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 REQUIRESPECIFIC EXPERTISE, AND TO ASSIST IN THE TIMELY EXECUTION OF PROGRAM DELIVERABLES 34022 1625018 5626318 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 6 0 1 33 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 1 1 0 MI X SUSAN PINKOWSKI 3138330100 461 BURROUGHS STREET DETROIT MI 482023419 CHRISTOPHER L RIZIK 2.00 X 0 0 0 STEVE HILFINGER 2.00 X 0 0 0 MICHAEL A BOULUS 2.00 X 0 0 0 STEVEN E KURMAS 2.00 X 0 0 0 NED STAEBLER 2.00 X 0 0 0 PAUL F SKALNY 2.00 X 0 0 0 MARY BARTEAU 2.00 X 0 0 0 ROBERT J BUCKLER 2.00 X 0 0 0 MARIA A THOMPSON 2.00 X 0 0 0 RICHARD D DIBARTOLOMEO 2.00 X 0 0 0 JEAN REDFIELD 40.00 X 165769 0 9977 JAMES SABER 40.00 X 153800 0 28405 DAN RADOMSKI 40.00 X 141500 0 27897 ROLAND KIBLER 40.00 X 120060 0 4085 WILLIAM SIDDALL 40.00 X 108963 0 26246 GARY GAUTHIER 40.00 X 100980 0 26064 KENNETH LUNDBERG 40.00 X 113075 0 23279 RON GARDHOUSE 40.00 X 229500 0 6776 1133647 0 152729 8 1 1 0 0 4326490 127211 4453701 CONSULTING REVENUE 541700 1625018 1625018 1625018 6198 6198 208157 0 208157 208157 208157 19051 -19051 -19051 -19051 7620 7620 7620 6281643 1625018 0 202924 X 655424 468768 186656 1491055 1115909 375146 300324 204865 95459 137043 94730 42313 37745 37745 27145 27145 1352650 1346572 6078 67748 52830 14918 430676 381236 49440 193496 192721 775 5974 4269 1705 1720924 1376739 344185 CONTRACTORS 423614 379649 1500 42465 MISCELLANEOUS 8207 8030 177 6852025 5626318 1183242 42465 248782 627452 1778284 1384482 1145902 2233864 41392 40405 27142423 11228126 17252449 15914297 33854 33854 20500663 20234354 875813 1191830 1000 0 25938 14994 902751 1206824 X 19157594 17737523 440318 1290007 19597912 19027530 20500663 20234354 -570382 0 X X 0 1 X 1 1 1 X 8967546 7067605 3856547 5815299 4453701 30160698 8967546 7067605 3856547 5815299 4453701 30160698 30160698 680852 370560 215647 205069 195304 1667432 15516 22763 3477 453 7620 49829 31877959 0.94610 0.94240 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 650946 509732 558261 1718939 2578409 157245 157542 118125 432912 162737 127433 139565 429735 644603 1063232 1063232 13527779 3687470 9840309 2166914 1707958 458956 10384498 5832698 4551800 15914297 SECURITY DEPOSIT 14994 14994 X 6300694 0 6300694 -19051 -19051 6281643 6852025 0 6852025 0 6852025 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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, 2010. THE CENTER IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF FIXED ASSETS -19,051. X X X X X 1 0 0 0 0 0 0 0 0 JEAN REDFIELD 155769 0 10000 0 0 0 6803 0 3174 0 175746 0 0 0 JAMES SABER 145800 0 8000 0 0 0 6854 0 21551 0 182205 0 0 0 DAN RADOMSKI 133500 0 8000 0 0 0 6346 0 21551 0 169397 0 0 0 KENNETH LUNDBERG 113075 0 0 0 0 0 3150 0 20129 0 136354 0 0 0 RON GARDHOUSE 229500 0 0 0 0 0 6776 0 0 0 236276 0 0 0 PART I, LINE 4A RON GARDHOUSE, FORMER CHIEF EXECUTIVE OFFICER, RECEIVED A SEVERANCE PAYMENT OF $126,000, PLUS $9,756 IN HEALTH BENEFITS. KENNETH LUNDBERG, FORMER CHIEF FINANCIAL OFFICER, RECEIVED A SEVERANCE PAYMENT OF $10,000, AND COBRA OF $1,422. FORM 990, PART VI, SECTION B, LINE 11 NO REVIEW OF FORM 990 WILL BE CONDUCTED. 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. OTHER FEES FORM 990, PART IX, LINE 11G PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 1,346,572. MANAGEMENT AND GENERAL EXPENSES 6,078. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,352,650. 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.