Daffy

North Carolina Advanced Energy Corporation

North Carolina Advanced Energy Corporation

Raleigh, NC
Tax ID56-1275391

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By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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About this organization

Revenue

$7,685,439

Expenses

$6,487,004

Mission

the two major corporate goals are to work to moderate the rise in demand for electricity and to help shift demand to off-peak periods. the articles of incorporation also charge the corporation with fulfilling the complementary purposes of educating consumers about energy, providing alternatives to current electric generation technologies, developing more economic sources of electric power, increasing system efficiency and load factors through conservation and load management, helping to moderate the future cost of electric service, and demonstrating more efficient uses of electric power.

About

testing, consulting, & training

Interesting data from their 2019 990 filing

The non-profit's aim, as indicated in the filing, is “To create economic, environmental and societal benefits through innovative and market-based approaches to energy issues.”.

When referring to its functions, they were specified as: “The two major corporate goals are to work to moderate the rise in demand for electricity and to help shift demand to off-peak periods. the articles of incorporation also charge the corporation with fulfilling the complementary purposes of educating consumers about energy, providing alternatives to current electric generation technologies, developing more economic sources of electric power, increasing system efficiency and load factors through conservation and load management, helping to moderate the future cost of electric service, and demonstrating more efficient uses of electric power.”.

  • The non-profit has reported their operating state as NC, as required by law.
  • As stated in the filing, the non-profit's address in 2019 was 909 CAPABILITY DRIVE, RALEIGH, NC, 27606.
  • The non-profit's form reports a total of 66 employees as of 2019.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $1,198,435.
  • The organization has 13 independent voting members.
  • The organization was formed in 1980.
  • The organization pays $4,619,123 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.