2025-05-01T12:38:29+00:00 2024-06-30 440160260 Forvis Mazars LLP 500 Ridgefield Court Asheville NC 28806 990 2023-07-01 581406628 MCNC MCNC 9192481820 3021 E Cornwallis Road PO Box 12889 Research Triangle Park NC 27713 Sarah Taylor CFO/Treasurer 9192481820 2025-05-01 true true Amy Bibby P00445891 8282542254 2025-04-21 2023 2025-03-06 01:10:19Z X Sarah Taylor 3021 E Cornwallis Road PO Box 12889 Research Triangle Park NC 27713 68546482 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. 14 14 138 14 60000 0 4800000 793733 59294987 67284439 207073 294058 27952 84343 64330012 68456573 261753 0 0 0 17209051 19310491 0 0 0 43012926 42458783 60483730 61769274 3846282 6687299 150502505 149654288 45005969 37626072 105496536 112028216 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 55344354 146742 67224439 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 55344354 true true false true 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 true true true false false true 62 0 true 138 true true true false false false false false false false false false false false X 14 14 false false false false false false false true true false false true true true true true true true true false X Sarah Taylor 9192481820 3021 E Cornwallis Road Research Triangle Park NC 27713 Tracey Futhey Chair 0.3 X X 0 0 0 Vanessa Wrenn Vice Chair 0.1 X X 0 0 0 Ajit Sivadason Director 0.2 X 0 0 0 Charles Maimone Director 0.2 X 0 0 0 Dave Kirby Director 0.1 X 0 0 0 Dennis Kekas Director 0.3 X 0 0 0 Hope Williams Director 0.3 X 0 0 0 Keith Werner Director 0.3 X 0 0 0 Maria Thompson Director 0.2 X 0 0 0 Myra Best Director 0.3 X 0 0 0 Patrick Flemming Director 0.3 X 0 0 0 Penny Gordon Larson Director 0.2 X 0 0 0 Ray Carey Director 0.1 X 0 0 0 Tracy Olson Director 0.1 X 0 0 0 Edward Jacobson VP, COO 42.3 X 316132 0 60567 John Doyle Secretary, General Counsel 41.8 X 232827 0 74891 Sarah Taylor CFO (starting 9/25/23) 40.0 X 57735 0 23016 Shirley Jennings Assistant Secretary 40.4 X 135111 0 30903 Tracy Doaks President, CEO 40.4 X 456751 0 37445 Christopher Beal VP, Enterprise IT & Cybersecurity Initiatives / CISO 41.5 X 256498 0 127581 David Furiness Senior Director, CNE 42.0 X 224161 0 43990 James Nester Senior Director, Marketing & Client Advocacy 40.0 X 188225 0 87108 Jeremy Rollins Manager, Outside Plant Engineering and Operations 42.6 X 151889 0 100424 Matthew Kinney Senior Director, Human Resources 40.7 X 178416 0 57414 Matthew Valenzisi Senior Director, Network Architecture and Management / Chief Network Architect 49.8 X 235283 0 40200 David Brain Director, Enterprise IT Infrastructure & Cybersecurity 40.2 X 195130 0 88447 Orlando Suitte Director, Core Engineering & Network Deployment 44.3 X 181560 0 86745 Paul Kamen Senior Manager, Enterprise IT Services & Data 42.9 X 171599 0 79096 Phillip Emer Senior Director of Innovation 40.0 X 222467 0 52392 William Parker Director, Network Operations 42.0 X 178144 0 34286 Rachel Pisciotta CFO (1/1/23-6/30/23) 21.6 X 151042 0 83773 3532970 0 1108278 62 true true false Diversified Utility Group 6920 E Marshville Blvd MARSHVILLE NC 28103 FIBER LOCATING 2064186 Globe Communications LLC PO BOX 947787 ATLANTA GA 30394 FIBER INSTALLATION/MAINTENANCE 1834829 Vaco LLC 5501 Virginia Way Ste 120 BRENTWOOD TN 37027 CONTRACT STAFFING 257124 Real Time Fiber LLC PO Box 122 MARS HILL NC 28754 FIBER INSTALLATION/MAINTENANCE 213490 DLT Solutions LLC PO BOX 743359 ATLANTA GA 30374 MANAGED FIREWALL 207016 16 793733 793733 Contract Revenue 541900 62394807 62334807 60000 ROU Asset Sales 900099 4889632 4889632 0 0 0 0 67284439 383967 383967 0 0 89909 0 -89909 -89909 -89909 Other Income 900099 84343 84343 0 0 0 0 84343 68456573 67224439 60000 378401 3210047 1829208 1380839 11855686 10044855 1810831 1593360 1254572 338788 1466065 1107634 358431 1185333 933050 252283 450 356 94 15000 15000 61506 61506 5373828 4272916 1100912 0 15148 7574 7574 52977 44172 8805 4406211 4179305 226906 1679477 1403862 275615 192326 174291 18035 82776 72766 10010 2 2 11947317 11563471 383846 372905 273400 99505 Leased Lines 12066272 12066272 Repairs and Maintenance 3722137 3559721 162416 Provision for Fiber Cut 1743018 1743018 Colocation 622037 622037 105396 36253 69143 0 61769274 55188735 6580539 0 11903469 13580650 11045482 7427461 0 0 5534131 10992613 219647224 117280760 111839595 102366464 0 0 10179828 15287100 150502505 149654288 3965677 5491449 37321396 28741030 0 3718896 3393593 45005969 37626072 X 104494694 111112574 1001842 915642 105496536 112028216 150502505 149654288 X 6687299 -155619 X false true X true true true X 4356500 4800000 4873000 4800000 793733 19623233 0 783469 783469 783469 783469 783469 3917345 5139969 5583469 5656469 5583469 1577202 23540578 0 23540578 58600 19766 20476 207073 383967 689882 676 63410 59974 60000 184060 157506 107608 113513 27952 84343 490922 24905442 219471542 0.9452 0.9595 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - OTHER INCOME, COLUMN A - 157506.0, COLUMN B - 107608.0, COLUMN C - 113513.0, COLUMN D - 27952.0, COLUMN E - 84343.0, COLUMN F - 490922.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 61506 61506 61863389 61924895 1000000 0 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 60353 65353 60756 61506 247968 250000 250000 250000 250000 1000000 1500000 0 0 0 0 0 143334885 155619 17643599 172604 25461 160936038 135868117 166822 7505346 166894 38506 143334885 149825703 4518273 -18256176 177498 42185 135868117 108762529 5179552 36112516 178077 50817 149825703 110181017 200070 -1448603 114772 55183 108762529 1.0 0.0 0.0 false true true 656709 656709 16987630 10663609 6324021 190727761 105658549 85069212 11275124 958602 10316522 102366464 Operating Lease Right-of-Use Assets 13709648 Restricted Cash 1289452 Other Assets 288000 15287100 TFP Service Obligation 376817 Operating Lease Liabilities 3016776 3393593 X 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 2024 and 2023. X X X false false false true false false false false false Rachel Pisciotta CFO (1/1/23-6/30/23) 151042 0 0 0 0 0 15514 0 68259 0 234815 0 0 0 Tracy Doaks President, CEO 336751 0 120000 0 0 0 29775 0 7670 0 494196 0 0 0 Edward Jacobson VP, COO 287167 0 28965 0 0 0 30421 0 30146 0 376699 0 0 0 John Doyle Secretary, General Counsel 215603 0 17224 0 0 0 23630 0 51261 0 307718 0 0 0 Shirley Jennings Assistant Secretary 124245 0 10866 0 0 0 13573 0 17330 0 166014 0 0 0 Christopher Beal VP, Enterprise IT & Cybersecurity Initiatives / CISO 235356 0 21142 0 0 0 26075 0 101506 0 384079 0 0 0 Matthew Valenzisi Senior Director, Network Architecture and Management / Chief Network Architect 216015 0 19268 0 0 0 23764 0 16436 0 275483 0 0 0 David Furiness Senior Director, CNE 205533 0 18628 0 0 0 22975 0 21015 0 268151 0 0 0 Matthew Kinney Senior Director, Human Resources 164891 0 13525 0 0 0 18608 0 38806 0 235830 0 0 0 James Nester Senior Director, Marketing & Client Advocacy 174510 0 13715 0 0 0 19095 0 68013 0 275333 0 0 0 Jeremy Rollins Manager, Outside Plant Engineering and Operations 140664 0 11225 0 0 0 15878 0 84546 0 252313 0 0 0 Phillip Emer Senior Director of Innovation 211267 0 11200 0 0 0 22435 0 29957 0 274859 0 0 0 Orlando Suitte Director, Core Engineering & Network Deployment 167873 0 13687 0 0 0 19101 0 67644 0 268305 0 0 0 David Brain Director, Enterprise IT Infrastructure & Cybersecurity 180277 0 14853 0 0 0 20376 0 68071 0 283577 0 0 0 William Parker Director, Network Operations 164734 0 13410 0 0 0 18472 0 15814 0 212430 0 0 0 Paul Kamen Senior Manager, Enterprise IT Services & Data 157199 0 14400 0 0 0 17940 0 61156 0 250695 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. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Transfer to Endowment - -155619; MCNC Endowment 3021 E Cornwallis Road Durham NC 27713 582591748 Support MCNC NC 501(c)(3) 11 MCNC true false false false false false false false false false false false false false false false false true true false MCNC Endowment R 157194 FMV