2026-02-24T14:10:08+00:00 2025-06-30 440160260 Forvis Mazars LLP One Oak Plaza Suite 300 Asheville NC 28801 990 2024-07-01 581406628 MCNC MCNC 9192481820 3021 E Cornwallis Road Bldg 3 Research Triangle Park NC 27713 Sarah Taylor CFO/Treasurer 9192481820 2026-02-24 true true Amy Bibby P00445891 8282542254 2026-02-19 2024 2025-03-06 01:10:19Z X Sarah Taylor 3021 E Cornwallis Road Bldg 3 Research Triangle Park NC 27713 74197617 false 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. 13 13 153 13 60000 0 793733 8165108 67284439 65656828 294058 306329 84343 7006 68456573 74135271 0 0 0 0 19310491 21537992 0 0 0 42458783 44513706 61769274 66051698 6687299 8083573 149654288 175057586 37626072 54945797 112028216 120111789 TO PROVIDE ADVANCED ELECTRONIC AND INFORMATION TECHNOLOGIES TO THE NC EDUCATION COMMUNITY, PUBLIC HEALTH, AND GOVERNMENT AGENCIES AND TO BENEFIT ECONOMIC DEVELOPMENT IN NC. false false 55820217 65596828 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. 55820217 true true false true false false false false false true true false false true true true false true false false false false false false false false false false false true false false false false false false false false false false false false false false false true true true false false true 65 0 true 153 true true true false false false false false false false false false false false X 13 13 false false false false false false false true true false false false true true true true true true true true false false X Sarah Taylor 9192481820 3021 E Cornwallis Road Bldg 3 Research Triangle Park NC 27713 Ajit Sivadasan Director 0.1 X 0 0 0 Charles Maimone Director 0.1 X 0 0 0 Dennis Kekas Director 0.1 X 0 0 0 Hope Williams Director 0.1 X 0 0 0 Keith Werner Director 0.1 X 0 0 0 Maria Thompson Director 0.1 X 0 0 0 Myra Best Director 0.1 X 0 0 0 Patrick Fleming Director 0.1 X 0 0 0 Penny Gordon-Larsen Director 0.1 X 0 0 0 Ray Carey Director 0.1 X 0 0 0 Tracy Futhey Director 0.1 X 0 0 0 Tracy Olson Director 0.1 X 0 0 0 Vanessa Wrenn Director 0.1 X 0 0 0 Edward Jacobson Vice President, COO 40.0 X 323789 0 43428 John Doyle Secretary, General Counsel 40.0 X 232095 0 42476 Sarah Taylor CFO 40.0 X 251940 0 44483 Shirley Jennings Assistant Secretary 40.0 X 142996 0 24108 Tracy Doaks President, CEO 40.0 X 463333 0 37911 Christopher Beal VP, Enterprise IT & Cybersecurity Initiatives / CISO 40.0 X 266370 0 45487 David Furiness Senior Director, CNE 40.0 X 233657 0 34202 James Nester Senior Director, Marketing & Client Advocacy 40.0 X 196199 0 38180 Jeremy Rollins Senior Manager, Outside Plant Engineering and Operations 40.0 X 168164 0 35653 Matthew Kinney Senior Director, Human Resources 40.0 X 191279 0 30127 Matthew Valenzisi Senior Director, Network Architecture and Management / Chief Network Architect 40.0 X 247834 0 34746 Ruth Stafford Senior Director, Consulting Services 40.0 X 197205 0 30115 David Brain Director, Enterprise IT Infrastructure & Cybersecurity 40.0 X 201179 0 39349 Orlando Suitte Director, Core Engineering & Network Deployment 40.0 X 198890 0 39114 Paul Kamen Senior Manager, Enterprise IT Services & Data 40.0 X 177641 0 36845 Phillip Emer VP, Business Development 40.0 X 253016 0 35881 William Parker Director, Network Operations 40.0 X 189698 0 24977 3935285 0 617082 70 false true false Spectrum Communications Box 223085 Pittsburgh PA 15251 Last mile bandwidth service 7443620 Diversified Utility Group 6920 E Marshville Blvd Marshville NC 28103 FIBER INSTALLATION/MAINTENANCE 1089592 Accenture LLP 1255 Treat Blvd Walnut Creek CA 94597 Strategic Consulting 690000 Globe Communications LLC 950 48th Ave North Myrtle Beach SC 29577 FIBER INSTALLATION/MAINTENANCE 687501 Firemon LLC 8801 Renner Blvd Lenexa KS 66219 Cybersecurity Software Subscription 621170 16 8165108 8165108 Contract Revenue 541900 65442388 65382388 60000 ROU Asset Sales 900099 214440 214440 0 0 0 0 65656828 368675 368675 0 0 62346 0 -62346 -62346 -62346 Other Income 900099 7006 7006 0 0 0 0 7006 74135271 65596828 60000 313335 3546622 2062695 1483927 13351751 9229765 4121986 1663926 1303458 360468 1757361 1322752 434609 1218332 954442 263890 89006 89006 5148482 3674840 1473642 0 45491 45491 50825 43991 6834 4657990 4555778 102212 3200237 2652854 547383 200352 177624 22728 69473 58906 10567 10942855 10519106 423749 364029 269406 94623 Leased Lines 12837567 12837567 Repairs and Maintenance 3671359 3484609 186750 Prov. For Fiber cut 2407311 2407311 Colocation 629147 628704 443 199582 -498088 697670 0 66051698 55820217 10231481 0 13580650 24865495 7427461 16817684 0 0 0 0 10992613 9441548 236193671 126204468 102366464 109989203 0 0 15287100 13943656 149654288 175057586 5491449 8974763 28741030 43013923 0 0 3393593 2957111 37626072 54945797 X 111112574 119282347 915642 829442 112028216 120111789 149654288 175057586 8083573 0 X false true true true true X 4800000 4873000 4800000 793733 8165108 23431841 0 783469 783469 783469 783469 783469 3917345 5583469 5656469 5583469 1577202 8948577 27349186 0 27349186 19766 20476 207073 383967 368675 999957 63410 59974 60000 60000 243384 107608 113513 27952 84343 7006 340422 28932949 241662870 0.94526 0.94520 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - OTHER INCOME, COLUMN A - 107608.0, COLUMN B - 113513.0, COLUMN C - 27952.0, COLUMN D - 84343.0, COLUMN E - 7006.0, COLUMN F - 340422.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 89006 89006 65962692 66051698 1000000 0 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 65353 60756 61506 89006 276621 250000 250000 250000 250000 1000000 1500000 0 0 0 0 0 160936038 0 20088658 14042857 204702 21016 166756121 143334885 155619 17643599 172604 25461 160936038 135868117 166822 7505346 166894 38506 143334885 149825703 4518273 -18256176 177498 42185 135868117 108762529 5179552 36112516 178077 50817 149825703 1.0 0.0 0.0 false true true 808092 808092 17487666 11280326 6207340 197320704 113870739 83449965 20577209 1053403 19523806 109989203 Operating Lease Right-of-Use Assets 12254920 Restricted Cash 1436736 Other Assets 252000 13943656 Federal Income Taxes TFP Service Obligation 361659 Operating Lease Liabilities 2595452 2957111 X 0 0 0 0 0 0 0 0 0 0 0 0 Schedule D, Part V, Line 4 Intended uses of endowment funds 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. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Organization is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code and from North Carolina income taxes under applicable sections of the General Statutes of North Carolina. Additionally, the Organization is exempt from property taxes on most property and qualifies for refunds of certain sales and use taxes. Certain segments of the Organization's network infrastructure provided to commercial entities is subject to property taxes. The Organization is subject to paying taxes on any unrelated business income generated on certain investments and revenue. No taxes were paid on unrelated business income in 2025 and 2024. X X X false false false true false false false false false Tracy Doaks President, CEO 346333 0 117000 0 0 0 33211 0 4700 0 501244 0 0 0 Edward Jacobson Vice President, COO 294137 0 29652 0 0 0 33061 0 10367 0 367217 0 0 0 John Doyle Secretary, General Counsel 216496 0 15599 0 0 0 24178 0 18298 0 274571 0 0 0 Shirley Jennings Assistant Secretary 131386 0 11610 0 0 0 14636 0 9472 0 167104 0 0 0 Sarah Taylor CFO 233940 0 18000 0 0 0 26070 0 18413 0 296423 0 0 0 Christopher Beal VP, Enterprise IT & Cybersecurity Initiatives / CISO 246825 0 19545 0 0 0 27063 0 18424 0 311857 0 0 0 Ruth Stafford Senior Director, Consulting Services 180690 0 16515 0 0 0 20369 0 9746 0 227320 0 0 0 Matthew Valenzisi Senior Director, Network Architecture and Management / Chief Network Architect 227795 0 20039 0 0 0 25443 0 9303 0 282580 0 0 0 David Furiness Senior Director, CNE 214284 0 19373 0 0 0 24015 0 10187 0 267859 0 0 0 James Nester Senior Director, Marketing & Client Advocacy 181799 0 14400 0 0 0 19940 0 18240 0 234379 0 0 0 Matthew Kinney Senior Director, Human Resources 175435 0 15844 0 0 0 19981 0 10146 0 221406 0 0 0 Jeremy Rollins Senior Manager, Outside Plant Engineering and Operations 155780 0 12384 0 0 0 17545 0 18108 0 203817 0 0 0 Phillip Emer VP, Business Development 233816 0 19200 0 0 0 25611 0 10270 0 288897 0 0 0 Orlando Suitte Director, Core Engineering & Network Deployment 184413 0 14477 0 0 0 20934 0 18180 0 238004 0 0 0 William Parker Director, Network Operations 175819 0 13879 0 0 0 19737 0 5240 0 214675 0 0 0 David Brain Director, Enterprise IT Infrastructure & Cybersecurity 185807 0 15372 0 0 0 21089 0 18260 0 240528 0 0 0 Paul Kamen Senior Manager, Enterprise IT Services & Data 164041 0 13600 0 0 0 18658 0 18187 0 214486 0 0 0 Schedule J, Part I, Line 5a Compensation contingent on revenues of the organization 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, Line 11b Review of form 990 by governing body 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, Line 12c Conflict of interest policy 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, Line 15a Process to establish compensation of top management official PROCESS FOR DETERMINING COMPENSATION: COMPENSATION FOR MCNC'S CEO/PRESIDENT IS DERIVED THROUGH A MULTl-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. Form 990, Part VI, Line 15b Process to establish compensation of other employees PROCESS FOR DETERMINING COMPENSATION: 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, Line 19 Required documents available to the public 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. MCNC Endowment 3021 E Cornwallis Road Bldg 3 Durham NC 27713 582591748 Support MCNC NC 501(c)(3) Type I MCNC true false false false false false false false false false false false false false false false false true true false MCNC Endowment Q 1731482 FMV