Civic Intelligence

North Carolina Sustainable Energy Association

EIN 58-1342588 • 501(c)3 • Raleigh, NC

View Organization Page

Profile

Nc sustainable energy association drives public policy and market development to create clean energy jobs, economic opportunities and affordable energy to benefit north carolina. We envision a future where north carolina's clean energy economy leads the nation and serves as a model for other states. Together with our membership, ncsea is blazing the path toward this vision, where the possibilities and benefits for our state and local economies are endless, including: - economic development opportunities - more affordable consumer bills - job growth - market exports - local tax base expansion - improved quality of life and business climate our goal is to cultivate a robust clean energy ecosystem that unifies and benefits all of its stakeholders: consumers, businesses, the clean energy industry and utility energy providers.

4441 Six Forks Rd Suite 106-250Raleigh, NC 27609

www.energync.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

72nd percentile

0.20x

Higher debt load relative to assets than 72% of similar nonprofits.

NTEE C • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

66th percentile

0.15x

Higher debt load relative to revenue than 66% of similar nonprofits.

NTEE C • $1M-$5M nonprofits • Source year 2025

Net Margin

64th percentile

17%

Higher net margin than 64% of similar nonprofits.

NTEE C • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

85th percentile

$142,454

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 3.8% of source-year revenue.

NTEE C • $1M-$5M nonprofits • Source year 2025

Asset Growth

83rd percentile

43%

Faster asset growth than 83% of similar nonprofits.

NTEE C • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

76th percentile

62%

Faster revenue growth than 76% of similar nonprofits.

NTEE C • $1M-$5M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Up

$2,816,684

Up $844,045 (+43%) from 2024

Liabilities

Up

$549,582

Up $195,409 (+55%) from 2024

Net Assets

Up

$2,267,102

Up $648,636 (+40%) from 2024

Operations
Liabilities / Revenue66th percentileNet Margin64th percentile

Revenue

Up

$3,720,338

Up $1,423,147 (+62%) from 2024

Expenses

Up

$3,071,702

Up $923,754 (+43%) from 2024

Net Income

Up

$648,636

Up $499,393 (+335%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth83rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2011: $1,233,781Liabilities 2011: $26,489Net Assets 2011: $1,207,2922011Assets 2012: $1,305,317Liabilities 2012: $32,717Net Assets 2012: $1,272,6002012Assets 2013: $1,093,592Liabilities 2013: $45,157Net Assets 2013: $1,048,4352013Assets 2014: $1,421,442Liabilities 2014: $111,301Net Assets 2014: $1,310,1412014Assets 2015: $1,696,487Liabilities 2015: $94,004Net Assets 2015: $1,602,4832015Assets 2016: $1,376,104Liabilities 2016: $223,303Net Assets 2016: $1,152,8012016Assets 2017: $1,639,684Liabilities 2017: $226,221Net Assets 2017: $1,413,4632017Assets 2018: $1,641,133Liabilities 2018: $202,454Net Assets 2018: $1,438,6792018Assets 2019: $1,538,582Liabilities 2019: $215,073Net Assets 2019: $1,323,5092019Assets 2020: $1,606,558Liabilities 2020: $217,868Net Assets 2020: $1,388,6902020Assets 2021: $2,370,897Liabilities 2021: $262,463Net Assets 2021: $2,108,4342021Assets 2022: $2,468,744Liabilities 2022: $294,565Net Assets 2022: $2,174,1792022Assets 2023: $2,076,362Liabilities 2023: $607,139Net Assets 2023: $1,469,2232023Assets 2024: $1,972,639Liabilities 2024: $354,173Net Assets 2024: $1,618,4662024Assets 2025: $2,816,684Liabilities 2025: $549,582Net Assets 2025: $2,267,1022025

Highlighted filing

2025

Assets$2,816,684
Liabilities$549,582
Net Assets$2,267,102
Open 2025 Filing

Operations Trend

Revenue Growth76th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$2.0M$0-$2.0MExpenses 2011: $759,3902011Revenue 2012: $1,444,538Expenses 2012: $1,379,230Net Income 2012: $65,3082012Revenue 2013: $1,626,568Expenses 2013: $1,855,214Net Income 2013: -$228,6462013Revenue 2014: $2,147,436Expenses 2014: $1,885,914Net Income 2014: $261,5222014Revenue 2015: $2,707,856Expenses 2015: $2,429,558Net Income 2015: $278,2982015Revenue 2016: $2,111,268Expenses 2016: $2,617,155Net Income 2016: -$505,8872016Revenue 2017: $2,844,376Expenses 2017: $2,583,714Net Income 2017: $260,6622017Revenue 2018: $2,327,095Expenses 2018: $2,301,879Net Income 2018: $25,2162018Revenue 2019: $2,609,868Expenses 2019: $2,725,038Net Income 2019: -$115,1702019Revenue 2020: $2,049,301Expenses 2020: $2,271,920Net Income 2020: -$222,6192020Revenue 2021: $3,429,820Expenses 2021: $2,422,276Net Income 2021: $1,007,5442021Revenue 2022: $2,840,629Expenses 2022: $2,774,884Net Income 2022: $65,7452022Revenue 2023: $2,485,158Expenses 2023: $3,190,114Net Income 2023: -$704,9562023Revenue 2024: $2,297,191Expenses 2024: $2,147,948Net Income 2024: $149,2432024Revenue 2025: $3,720,338Expenses 2025: $3,071,702Net Income 2025: $648,6362025

Highlighted filing

2025

Revenue$3,720,338
Expenses$3,071,702
Net Income$648,636
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,816,684
Liabilities
$549,582
Net assets
$2,267,102
Revenue
$3,720,338
Expenses
$3,071,702
Net income
$648,636
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.82$0.55$2.27$3.72$3.07$0.65
2024Detailed filing. Detailed filing data is available for this year.$1.97$0.35$1.62$2.30$2.15$0.15
2023Detailed filing. Detailed filing data is available for this year.$2.08$0.61$1.47$2.49$3.19$0.70
2022Detailed filing. Detailed filing data is available for this year.$2.47$0.29$2.17$2.84$2.77$0.07
2021Detailed filing. Detailed filing data is available for this year.$2.37$0.26$2.11$3.43$2.42$1.01
2020Detailed filing. Detailed filing data is available for this year.$1.61$0.22$1.39$2.05$2.27$0.22
2019Detailed filing. Detailed filing data is available for this year.$1.54$0.22$1.32$2.61$2.73$0.12
2018Detailed filing. Detailed filing data is available for this year.$1.64$0.20$1.44$2.33$2.30$0.03
2017Detailed filing. Detailed filing data is available for this year.$1.64$0.23$1.41$2.84$2.58$0.26
2016Detailed filing. Detailed filing data is available for this year.$1.38$0.22$1.15$2.11$2.62$0.51
2015Summary only. Only limited summary data is available for this year.$1.70$0.09$1.60$2.71$2.43$0.28
2014Detailed filing. Detailed filing data is available for this year.$1.42$0.11$1.31$2.15$1.89$0.26
2013Summary only. Only limited summary data is available for this year.$1.09$0.05$1.05$1.63$1.86$0.23
2012Summary only. Only limited summary data is available for this year.$1.31$0.03$1.27$1.44$1.38$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$0.03$1.21$0.76
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 7, 2025
Return Version
2024v5.2
Gross Receipts
$3,920,582
Mission and Program Overview

Mission

The nc sustainable energy association (ncsea) is a 501(c)(3) nonprofit membership organization of individuals, businesses, government, and nonprofits interested in north carolina's sustainable energy future. Our mission is to drive policy and market development to create clean energy jobs, economic opportunities, and affordable energy that benefits all of north carolina.

We envision a future where north carolina's clean energy economy leads the nation and serves as a model for other states. Together with our membership, ncsea is blazing the path toward this vision, where the possibilities and benefits for our state and local economies are endless, including:- affordability of clean energy- access by all consumers to clean energy- job growth through clean energy market activity- amount of clean energy capacity deployed in the market by industry, consumers, utilities- amount of energy demand reduced- increased bipartisan support for transforming the energy system- declining pollution and waste- improved energy equity- improved quality of life and business climate for clean energy with expanded economic development and local tax base expansionour goal is to cultivate a robust clean energy ecosystem that unifies and benefits all of its stakeholders: consumers, businesses, the clean energy industry and utility energy providers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$431,113$1,882,935▲ $1,451,822
Pledges and Grants Receivable$25,000$397,115▲ $372,115
Savings and Temporary Cash Investments$1,271,558$265,081▼ $1,006,477
Accounts Receivable$63,458$168,480▲ $105,022
Prepaid Expenses and Deferred Charges$23,623$58,274▲ $34,651
Land, Buildings, and Equipment, Net$9,393$634▼ $8,759
Total Assets$1,972,639$2,816,684▲ $844,045
Other Assets Total$148,494$44,165▼ $104,329
Liabilities
Grants Payable-$351,423-
Other Liabilities$163,403$0▼ $163,403
Accounts Payable and Accrued Expenses$124,744$121,981▼ $2,763
Deferred Revenue$66,026$76,178▲ $10,152
Total Liabilities$354,173$549,582▲ $195,409
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,296,383$1,740,527▲ $444,144
Net Assets With Donor Restrictions$322,083$526,575▲ $204,492
Total Net Assets Fund Balance$1,618,466$2,267,102▲ $648,636
Total Liabilities and Net Assets / Fund Balance$1,972,639$2,816,684▲ $844,045

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$634$16,875$17,509
Other Land Buildings$0$13,334$13,334
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cassie GavinDirector of PolicyFT$136,824$5,630$142,454
Justin SomelofskeDirector of Core ServicesFT$108,285$5,580$113,865
Ethan BlumenthalPolicy StrategistFT$107,836$5,630$113,466
Matt AbeleExecutive DirectorFT$87,262$6,180$93,442

Board Members and Trustees

NameTitle
Riza JenkinsChair
Julio RoviChair of Development Strategy Oversight Committee
Greg LennonChair of Finance & Audit Committee
Hayes FrammeChair of Industry/policy Alignment Committee
Rogelio SullivanChair of Nominating & Governance Committee
Chase CountsCo-chair
Ken DulaneyCo-chair
Kristina Tina ClossickCo-chair of Development Strategy Oversight Committ
Laura CombsCo-chair of Development Strategy Oversight Committ
Clint LloydBoard Member
Mozine LoweBoard Member
Steve KallandBoard Member
Tarek Abdel-salamBoard Member
Usman NoorBoard Member
Vanessa KingBoard Member
Graham LewisSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$3,247,988
Program Service Revenue
$336,338
Investment Income
$13,134
Other Revenue
$122,878
All Other Contributions
$3,132,040
Change in Net Assets
$648,636

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,724,440
Revenue Not Reported on Financial Statements
$-4,102
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-4,102
Total Revenue per Audited Statements
$3,724,440
Total Revenue per Form 990
$3,720,338
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,346,809
Other Expenses$959,634
Grants and Similar Amounts Paid$765,259
Total Fundraising Expense$64,285
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$765,259--$765,259
Other Salaries and Wages$565,034$141,174$30,355$736,563
Current Officers, Directors, Trustees, and Key Employees$358,554$85,927$18,746$463,227
Occupancy$143,593$13,284$5,434$162,311
Fees for Services Management$133,864$12,105-$145,969
Fees for Services Lobbying$122,392$11,068-$133,460
Payroll Taxes$72,407$18,348$3,890$94,645
Conferences and Meetings$91,997$704$16$92,717
Information Technology$52,544$4,845$1,703$59,092
Other Employee Benefits$39,346$4,594$2,284$46,224
Travel$32,885$2,072$254$35,211
Advertising$24,549$2,220-$26,769
Office Expenses$19,419$3,084$1,299$23,802
Other Expenses$4,931$11,592-$16,523
Insurance$3,367$9,586-$12,953
Pension Plan Contributions$5,235$611$304$6,150
Depreciation Depletion-$4,657-$4,657
Fees for Services Other$2,568$232-$2,800
Total Functional Expenses$2,661,130$346,287$64,285$3,071,702

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,075,804
Total Expenses per Audited Statements$3,075,804
Total Expenses per Form 990$3,071,702
Expenses Not Reported on Form 990$0
Expenses Not Reported on Financial Statements$-4,102
Other Expense Adjustments$-4,102
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Footprint ProjectNew Orleans, LA-Western North Carolina Disaster Relief$250,800
Land of Sky Regional CouncilAsheville, NC-Western North Carolina Disaster Relief$150,000
Solsolutions LLCBoston, MA-Western North Carolina Disaster Relief$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Membership is open to any person or organization which agrees to purposes of the organization as outlined in the organization's bylaws.”

Form 990, Part VI, Section A, Line 7A

“Organization members may participate in electing members of the governing body.”

Form 990, Part VI, Section A, Line 7B

“Amendments to the organization's bylaws must be approved by a vote of the membership.”

Form 990, Part VI, Section B, Line 11B

“The federal form 990 is prepared by an independent cpa firm with the assistance of the managing director and office administrator. The federal form 990 is reviewed and approved by the audit committee. After approval by the audit committee, the form 990 is filed with the internal revenue service. At the next board meeting, the audit committee presents the form 990 to the board of directors for the board's review.”

Form 990, Part VI, Section B, Line 12C

“The conflict of interest policy is updated annually by each board member, but not during their quarterly board meetings.”

Form 990, Part VI, Section B, Line 15

“The executive director's (ed) compensation decision is handled by the board of directors, under the direction of the chairperson. The ed's performance is reviewed and taken into consideration as part of the compensation decision along with advanced market research on the position.”

Form 990, Part VI, Section C, Line 19

“The governing documents of the association are available to the general public by contacting the association at the following mailing address: north carolina sustainable energy association 4800 six forks rd, ste 300 raleigh, nc 27609”

Filing and Contact Details

Filer

Filer Name
North Carolina Sustainable Energy
EIN
58-1342588
Phone
9198327601
Address
4441 SIX FORKS RD SUITE 106-250, RALEIGH, NC 27609

Signing Officer

Name
Matt Abele
Title
Executive Director
Phone
9198327601
Signed
2025-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matt Abele
Formed
1978
Legal Domicile
Nc
Voting Board Members
17
Independent Board Members
17
Employees
20
Volunteers
1

Preparer

Firm
Mpcompany Llp
Address
4600 MARRIOTT DRIVE SUITE 300, RALEIGH, NC 27612
Preparer
Martha Register-futrell
Phone
9198369200
Supplemental Narrative

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Loss on disposal of asset -4,102.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Loss on disposal of asset -4,102.”

Raw XML AppendixShowing 400 of 649 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0WE ENVISION A FUTURE WHERE NORTH CAROLINA'S CLEAN ENERGY ECONOMY LEADS THE NATION AND SERVES AS A MODEL FOR OTHER STATES. TOGETHER WITH OUR MEMBERSHIP, NCSEA IS BLAZING THE PATH TOWARD THIS VISION, WHERE THE POSSIBILITIES AND BENEFITS FOR OUR STATE AND LOCAL ECONOMIES ARE ENDLESS, INCLUDING:- AFFORDABILITY OF CLEAN ENERGY- ACCESS BY ALL CONSUMERS TO CLEAN ENERGY- JOB GROWTH THROUGH CLEAN ENERGY MARKET ACTIVITY- AMOUNT OF CLEAN ENERGY CAPACITY DEPLOYED IN THE MARKET BY INDUSTRY, CONSUMERS, UTILITIES- AMOUNT OF ENERGY DEMAND REDUCED- INCREASED BIPARTISAN SUPPORT FOR TRANSFORMING THE ENERGY SYSTEM- DECLINING POLLUTION AND WASTE- IMPROVED ENERGY EQUITY- IMPROVED QUALITY OF LIFE AND BUSINESS CLIMATE FOR CLEAN ENERGY WITH EXPANDED ECONOMIC DEVELOPMENT AND LOCAL TAX BASE EXPANSIONOUR GOAL IS TO CULTIVATE A ROBUST CLEAN ENERGY ECOSYSTEM THAT UNIFIES AND BENEFITS ALL OF ITS STAKEHOLDERS: CONSUMERS, BUSINESSES, THE CLEAN ENERGY INDUSTRY AND UTILITY ENERGY PROVIDERS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIR OF DEVELOPMENT STRATEGY OVERSIGHT COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIR OF INDUSTRY/POLICY ALIGNMENT COMMITTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt18POLICY STRATEGIST
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR OF CORE SERVICES
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IRS990/ProgSrvcAccomActy2Grp/Desc0DEVELOP AND TEST MARKET-BASED, DATA DRIVEN SOLUTIONS FOR UTILITIES, CONSUMERS, AND CLEAN ENERGY PROVIDERS TO IMPROVE THE AFFORDABILITY, ACCESSIBILITY, AND RESILIENCE OF BOTH INDIVIDUAL CLEAN ENERGY SOLUTIONS AND ELECTRICITY SYSTEM AND SERVICES PROVIDED ACROSS THE SYSTEM.
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IRS990/ProgSrvcAccomActy3Grp/Desc0PROVIDE EDUCATION ON CLEAN ENERGY THROUGH RESEARCH, ONLINE CONTENT, PUBLICATIONS, CONFERENCES, WORKING GROUPS, AND WORKSHOPS.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0WESTERN NORTH CAROLINA ENERGY DISASTER RELIEF
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