2024-08-13T11:36:46-05:00 2023-09-30 410746749 CLIFTONLARSONALLEN LLP 901 NORTH GLEBE ROAD SUITE 200 ARLINGTON VA 22203 990 2022-10-01 520816670 UNIVERSITIES RESEARCH ASSOCIATION INC UNIV 2022931382 1140 19TH STREET NW 900 WASHINGTON DC 20036 JOHN MESTER PRESIDENT 2022931382 2024-08-13 1 0 ROBERT WILLIAMS P01345960 5712279500 2024-08-07 2022 2024-08-08 14:25:15Z JOHN MESTER 1140 19TH STREET NW 900 WASHINGTON DC 20036 9269565 0 X WWW.URA-HQ.ORG X 1965 DC TO FACILITATE AND MANAGE LABORATORIES FOR RESEARCH AND EDUCATION IN SCIENCE. 13 13 16 13 0 0 531360 581318 5146451 4509848 736701 679371 0 0 6414512 5770537 436480 494868 0 0 2612037 3172158 0 0 0 1326772 2629599 4375289 6296625 2039223 -526088 18569709 20400511 708974 2020107 17860735 18380404 X UNIVERSITIES RESEARCH ASSOCIATION INC. (URA) IS A NONPROFIT MEMBERSHIP CORPORATION ORGANIZED TO ENGAGE IN RESEARCH, DEVELOPMENT AND EDUCATION IN THE PHYSICAL AND BIOLOGICAL SCIENCES. THE MISSION OF URA IS TO ESTABLISH AND OPERATE IN THE NATIONAL INTEREST LABORATORIES AND FACILITIES FOR RESEARCH, DEVELOPMENT, AND EDUCATION IN THE PHYSICAL AND BIOLOGICAL SCIENCES TO EXPAND THE FRONTIERS OF KNOWLEDGE, FOSTER INNOVATION, AND PROMOTE THE EDUCATION OF FUTURE GENERATIONS OF SCIENTISTS. 0 0 1052885 4271554 NTESS/SNL: URA WAS PART OF THE HONEYWELL PROPOSAL SUBMITTED BY ITS WHOLLY OWNED AFFILIATE, THE NATIONAL TECHNOLOGY & ENGINEERING SOLUTIONS OF SANDIA LLC (NTESS), THAT LED TO THE CONTRACT AWARDED IN DECEMBER 2016 BY DOE/NNSA TO MANAGE AND OPERATE SANDIA NATIONAL LABORATORIES. A NTESS-URA SUBCONTRACT FOR ASSURING SCIENTIFIC EXCELLENCE, PROMOTING THE TALENT PIPELINE AND FACILITATING STRATEGIC ENGAGEMENT WITH ACADEMIA BECAME EFFECTIVE OCTOBER 31, 2018 AND WAS VALID THROUGH APRIL 30, 2022. THIS SUBCONTRACT IS VALID FOR FIVE YEARS, OR THROUGH APRIL 30, 2027. THE NTESS-URA SUBCONTRACT IS A SIGNIFICANT EXPANSION OF URA'S PROGRAM, WHICH INCLUDES URA EMPLOYEES ONSITE AT SANDIA. 621740 40000 238294 FRA/FERMILAB: FROM THE LABORATORY'S ESTABLISHMENT THROUGH DECEMBER 31, 2006, URA WAS RESPONSIBLE FOR ORGANIZING, DESIGNING, CONSTRUCTING, AND OPERATING THE FERMI NATIONAL ACCELERATOR LABORATORY (FERMILAB) UNDER CONTRACTS WITH THE U.S DEPARTMENT OF ENERGY AND ITS PREDECESSOR AGENCIES. AS OF JANUARY 1, 2007, A NEW CONTRACT TO MANAGE AND OPERATE FERMILAB WAS AWARDED TO THE FERMI RESEARCH ALLIANCE, LLC, AN ILLINOIS 501(C)(3) LIMITED LIABILITY COMPANY. URA HAS A 50% OWNERSHIP IN THE FERMI RESEARCH ALLIANCE, LLC, THE PRIME CONTRACTOR FOR THE OPERATION OF FERMI NATIONAL ACCELERATOR LABORATORY (UNIVERSITY OF CHICAGO OWNS THE REMAINING 50%). URA RECEIVES 50% OF EARNINGS (AS NOTED IN THE PROGRAM REVENUE). AS SUCH, URA EMPLOYEES SPEND TIME MANAGING THIS RELATIONSHIP. AFTER AN INITIAL FIVE-YEAR BASE TERM, THE FERMILAB CONTRACT HAS BEEN EXTENDED BASED ON PERFORMANCE THROUGH DECEMBER 31, 2024. 430836 367305 VISITING SCHOLARS AWARDS: EFFECTIVE JANUARY 1, 2007, URA COMMITTED TO PROVIDE A MINIMUM OF $400,000 PER YEAR OVER FIVE YEARS TO SUPPORT MEMBER UNIVERSITY FACULTY AND STUDENTS TO PERFORM RESEARCH AT FERMILAB. IN 2012, AND AGAIN IN 2016, THE MEMBER INSTITUTIONS VOTED UNANIMOUSLY TO CONTINUE SUPPORT TO FERMILAB IN THE FORM OF THE VISITING SCHOLARS PROGRAM. THIS COMMITMENT IS FUNDED THROUGH A SERIES OF ANNUAL ASSESSMENTS OF $5,000 FROM EACH EXISTING URA MEMBER INSTITUTION, AND A ONE-TIME ASSESSMENT OF $10,000 FOR NEW MEMBERS. 277616 SNL FELLOWSHIP: IN 2022, URA ENTERED INTO A STRATEGIC PARTNERSHIP AGREEMENT WITH THE U.S. DEPARTMENT OF ENERGY AND OAK RIDGE INSTITUTE FOR SCIENCE AND EDUCATION (ORISE) IN SUPPORT OF THE SANDIA NATIONAL LABORATORIES' MISSION OF RESEARCH, DEVELOPMENT, AND EDUCATION IN THE PHYSICAL AND BIOLOGICAL SCIENCES TO PROMOTE THE EDUCATION OF FUTURE GENERATIONS OF SCIENTISTS. UNDER THIS PARTNERSHIP, URA HAS ESTABLISHED A RESEARCH PARTICIPATION PROGRAM TO PROVIDE OPPORTUNITIES FOR POST-DOCTORAL RESEARCH, POST-GRADUATES, STUDENTS AND UNIVERSITY FACULTY, AND ESTABLISHED SCIENTISTS TO CONDUCT RESEARCH, PARTICIPATE IN URA INITIATIVES AND RECEIVE FINANCIAL SUPPORT FOR URA BASED ACADEMIC ACTIVITIES AT SANDIA NATIONAL LABORATORIES, AS WELL AS OTHER URA-AFFILIATED FACILITIES. ORISE IS ADMINISTERING THE PROGRAM, AND PROGRAM AWARDS ARE CONDITIONAL UPON THE APPROVAL OF APPLICATIONS AND ACTUAL COSTS INCURRED. THE ESTIMATED PROGRAM COST IS $1,200,000 THROUGH SEPTEMBER 30, 2026. 95149 87562 PIERRE AUGER: URA PROVIDED DIRECT FINANCIAL SUPPORT TO THE PIERRE AUGER PROJECT THROUGH A GRANT FROM NATIONAL SCIENCE FOUNDATION. 83511 RESEARCH; COMPRISES OF VARIOUS INTIATIVES TO DESIGN NEW PROGRAMS 456276 87562 2561737 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 50 0 16 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NM X NAVNEET KAUR 2022931382 1140 19TH STREET NW SUITE900 WASHINGTON DC 20036 JOHN MESTER PRESIDENT 38.00 2.00 X 450102 0 69462 TED WACKLER VICE PRESIDENT 40.00 0.00 X 319557 0 65159 DAVID SCHULTZ DIRECTOR, USSO 40.00 0.00 X 302350 0 31312 MARTHA RUBENSTEIN CFO/TREASURER - PAST 32.00 0.00 X 207978 0 22764 MARY EGGER CHIEF COUNSEL 24.00 0.00 X 175630 0 18683 TIGIST GEBEYEHU SR. FINANCE & OPERAT. ANALYST 40.00 0.00 X 129900 0 26322 DAVETTA TRUJILLO USSO BUSINESS AND FINANCE MANAGER 40.00 0.00 X 120746 0 20989 NAVNEET KAUR CFO/TREASURER - CURRENT 40.00 0.00 X 58954 0 8344 TIMOTHY SANDS CHAIR, BOARD OF TRUSTEES 2.00 0.00 X X 0 0 0 WILLIAM H JOYCE VICE CHAIR, BOARD OF TRUSTEES 2.00 1.00 X X 0 0 0 DAVID LEEBRON BOARD OF TRUSTEES MEMBER 1.00 0.00 X 0 0 0 GREGORY FENVES BOARD OF TRUSTEES MEMBER 1.00 0.00 X 0 0 0 GENE BLOCK BOARD OF TRUSTEES MEMBER 1.00 0.00 X 0 0 0 HARRIS PASTIDES BOARD OF TRUSTEES MEMBER 1.00 0.00 X 0 0 0 JONATHAN HOLLOWAY BOARD OF TRUSTEES MEMBER 1.00 0.00 X 0 0 0 MARY SUE COLEMAN BOARD OF TRUSTEES MEMBER 1.00 0.00 X 0 0 0 NORMAN R AUGUSTINE BOARD OF TRUSTEES MEMBER 1.00 0.00 X 0 0 0 LISA C FREEMAN BOARD OF TRUSTEES MEMBER 1.00 0.00 X 0 0 0 ROBERT ROBBINS BOARD OF TRUSTEES MEMBER 1.00 0.00 X 0 0 0 BARRY BARISH BOARD OF TRUSTEES MEMBER 1.00 0.00 X 0 0 0 GARNETT S STOKES BOARD OF TRUSTEES MEMBER 1.00 0.00 X 0 0 0 1765217 0 263035 7 0 1 0 MARCUM LLP 1899 L STREET NW SUITE 80 WASHINGTON DC 20036 FINANCIAL & HR CONSULTING SERVICES 190201 SMITH SCIENCE STRATEGIES LLC 2840 HURST TER NW WASHINGTON DC 20016 PROGRAM CONSULTING SERVICES 112812 2 96318 485000 581318 GOVERMENT CONTRACTS 900099 4271554 4271554 DISTRIBUTIONS FROM FRA 900099 238294 238294 4509848 550542 550542 3627857 3499028 128829 128829 128829 5770537 4509848 0 679371 X 352091 352091 30000 30000 112777 112777 1857301 697360 1159941 659999 402645 257354 85002 55931 29071 407150 123004 284146 162706 72371 90335 25331 21918 3413 205751 205751 24662 24662 1735496 471711 1263785 39348 10613 28735 99782 44390 55392 258296 71870 186426 108658 62041 46617 26132 602 25530 55799 22764 33035 12844 5238 7606 MEMBERSHIP DUES & LICEN 16955 12 16943 NON CAPITAL EQUIPMENT 6244 4214 2030 OTHER CONTRIBUTIONS 5000 5000 JOURNALS, PUBLICATIONS 2414 185 2229 6887 6887 6296625 2561737 3734888 0 100 100 3752956 3689571 1001072 1753057 129527 99423 582065 450918 140946 131147 12073024 13871101 1405960 451919 66124 404193 18569709 20400511 366559 1387116 72254 64205 270161 568786 708974 2020107 X 17176657 17615362 684078 765042 17860735 18380404 18569709 20400511 -526088 1045757 0 X 0 1 X 1 0 X 4305006 540096 74218 531360 581318 6031998 4305006 540096 74218 531360 581318 6031998 6031998 313232 375011 356432 550760 550542 2145977 70 1887 1957 8179932 21148433 0.73740 0.81680 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 446177 375352 70825 135888 75566 60322 131147 403(B) LIABILITY 39090 DEFERRED RENT 493749 FSA WITHHOLDING LIABILITY 248 CAPITAL LEASE OBLIGATION 9279 DUE TO FERMI 26420 568786 X 6821873 1045757 30240 1075997 5745876 24661 24661 5770537 6302204 30240 30240 6271964 24661 24661 6296625 PART X, LINE 2: UNIVERSITIES RESEARCH ASSOCIATION, INC. (URA) HAS RECEIVED A LETTER FROM THE INTERNAL REVENUE SERVICE (IRS) INDICATING THAT IT HAS BEEN RECOGNIZED BY THE IRS AT TAX-EXEMPT UNDER SECTION501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND, AS SUCH, EXCEPT FOR TAXES PERTINENT TO UNRELATED BUSINESS INCOME, IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. URA HAS NO UNRELATED BUSINESS INCOME IN 2023 AND 2022. URA HAS ANALYZED ITS TAX POSITIONS TAKEN FOR FILINGS WITH THE INTERNAL REVENUE TAXING AUTHORITIES. AS OF SEPTEMBER 30, 2023 AND 2022, IT BELIEVES THAT THE TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON ITS FINANCIAL POSITION, CHANGES IN NET ASSETS, OR CASH FLOWS. GENERALLY, URA'S TAX RETURNS REMAIN OPEN FOR FEDERAL AND STATE INCOME TAX EXAMINATION FOR THREE YEARS FROM THE DATE OF FILING. 1 EUROPE 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 112777 0 0 0 0 0 0 112777 0 112777 EUROPE RESEARCH 87562 WIRE TRANSFER 0 N/A N/A 1 0 RESEARCH - URA AWARD EUROPE 1 10000 WIRE TRANSFER N/A N/A 0 0 0 0 0 0 PART I, LINE 2: UNIVERSITIES RESEARCH ASSOCIATION, INC. (URA) HAS COMPLETE MANAGERIAL CONTROL OVER THE COLLECTION OF VISITING SCHOLAR ASSESSMENTS (VSP) FUNDS AND THE DISPOSITION OF AWARDS FROM THOSE FUNDS. IN ORDER TO ACCOMPLISH THE AWARD PROCESS THE URA PRESIDENT SOLICITS SCIENTISTS FROM THE MEMBERSHIP TO SERVE ON THE PEER REVIEW COMMITTEE TO REVIEW RESEARCH PROPOSALS AND RECOMMEND AWARDS. DURING THOSE MEETINGS THE PRESIDENT IS AN ACTIVE PARTICIPANT, PROVIDES COMMENTARY AND ENFORCEMENT OF URA GUIDELINES, AND CAN INDICATE WHEN A POTENTIAL AWARD IS NOT IN KEEPING WITH THOSE GUIDELINES (INCLUDING MEMBERS IN QUESTIONABLE STANDING WHO MAY BE BEHIND ON ASSESSMENTS). IN PROVIDING PROGRESS PAYMENTS FOR THE VSP AWARDS, URA PROVIDES THE AWARDED INSTITUTIONS WITH A COPY OF THE AWARD DOCUMENT (INDICATING THE APPROVED AMOUNTS BY LINE ITEM CATEGORY AND THE AWARD PERIOD). PROGRESS PAYMENTS ARE MADE TO THE INSTITUTION, NOT THE PRINCIPAL INVESTIGATOR. THE INSTITUTIONAL BILLING COMES THROUGH THEIR OFFICE OF GRANTS AND CONTRACTS AND IS CERTIFIED, BY SIGNATURE, THAT THE BILLING IS APPROPRIATE, WITHIN THE SCOPE OF THE AWARD AND ITS BUDGETED PURPOSES, AND HAS BEEN DULY EXPENDED). PART III ACCOUNTING METHOD: 1 BOSTON UNIVERSITY 881 COMMONWEALTH AVENUE BOSTON MA 02215 042103547 501(C)3) 16211 0 N/A N/A RESEARCH COLORADO STATE UNIVERSITY 6003 CAMPUS DELIVERY 555 S HOWES ST FORT COLLINS CO 80523 846000545 501(C)3) 14923 0 N/A N/A RESEARCH ILLINOIS INSTITUTE OF TECHNOLOGY 3424 SOUTH STATE STREE TC-4TH FLOOR CHICAGO IL 60616 362170136 501(C)3) 36134 0 N/A N/A RESEARCH CALIFORNIA INSTITUTE OF TECHNOLOGY 1200 EAST CALIFORNIA BOULEVARD PASADENA CA 91125 951643307 501(C)3) 20000 0 N/A N/A RESEARCH SOUTHERN METHODIST UNIVERSITY 6425 BOAZ LANE DALLAS TX 75205 750800689 501(C)3) 46182 0 N/A N/A RESEARCH STONY BROOK UNIVERSITY 100 NICOLLS ROAD STONY BROOK NY 11794 141368361 501(C)3) 7583 0 N/A N/A RESEARCH WASHINGTON UNIVERSITY IN ST LOUIS 1 BROOKINGS DRIVE ST LOUIS MO 63130 430653611 501(C)3) 17179 0 N/A N/A RESEARCH UNIVERSITY OF CHICAGO 1225 E 60TH STREET CHICAGO IL 60637 362177139 501(C)3) 37249 0 N/A N/A RESEARCH CORNELL UNIVERSITY 616 THURSTON AVE ITHACA NY 14853 150532082 501(C)3) 10000 0 N/A N/A RESEARCH UNIVERSITY OF IOWA 105 JESSIP HALL IOWA CITY IA 52242 426004813 501(C)3) 10238 0 N/A N/A RESEARCH UNIVERSITY OF KENTUCKY 301 PETERSON SERVICE BUILDING LEXINGTON KY 40506 311030245 501(C)3) 13551 0 N/A N/A RESEARCH UNIVERSITY OF VIRGINIA 400 EMMET STREET SOUTH CHARLOTTESVILLE VA 22903 546001796 501(C)3) 15577 0 N/A N/A RESEARCH UNIVERSITY OF COLORADO-BOULDER PO BOX 910220 DENVER CO 802910220 846000555 501(C)3) 16269 0 N/A N/A RESEARCH RUTGERS THE STATE UNIVERSITY OF NEW JERSEY 33 KNIGHTSBRIDGE ROAD 2 EAST PISCATAWAY NJ 08854 226001086 501(C)3) 8104 0 N/A N/A RESEARCH UNIVERSITY OF CALIFORNIA DAVIS ONE SHIELDS AVENUE 1 DAVIS CA 95616 946036494 501(C)3) 17595 0 N/A N/A RESEARCH YALE UNIVERSITY PO BOX 1873 NEW HAVEN CT 06520 060646973 501(C)3) 12319 0 N/A N/A RESEARCH COLUMBIA UNIVERSITY PO BOX 29789 NEW YORK NY 10087 135598093 501(C)3) 22955 0 N/A N/A RESEARCH 17 0 RESEARCH AWARD 3 30000 N/A N/A PART I, LINE 2: URA HAS COMPLETE MANAGERIAL CONTROL OVER THE COLLECTION OF VSP FUNDS AND THE DISPOSITION OF AWARDS FROM THOSE FUNDS. IN ORDER TO ACCOMPLISH THE AWARD PROCESS THE PRESIDENT SOLICITS SCIENTISTS FROM THE MEMBERSHIP TO SERVE ON THE PEER REVIEW COMMITTEE TO REVIEW RESEARCH PROPOSAL AND RECOMMEND AWARDS. DURING THOSE MEETING THE PRESIDENT IS AN ACTIVE PARTICIPANT, PROVIDES COMMENTARY AND ENFORCEMENT OF URA GUIDELINES, AND CAN INDICATE WHEN A POTENTIAL AWARD IS NOT IN KEEPING WITH THOSE GUIDELINES (INCLUDING MEMBERS IN QUESTIONABLE STANDING WHO MAY BE BEHIND ON ASSESSMENTS). IN PROVIDING PROGRESS PAYMENTS FOR THE VSP AWARDS, URA PROVIDES THE AWARDED INSTITUTIONS WITH A COPY OF THE AWARD DOCUMENT (INDICATING THE APPROVED AMOUNT BY LINE ITEM CATEGORY AND THE AWARD PERIOD). PROGRESS PAYMENTS ARE MADE TO THE INSTITUTION, NOT THE PRINCIPAL INVESTIGATOR. THE INSTITUTIONAL BILLING COMES THROUGH THEIR OFFICE OF GRANTS AND CONTRACTS AND IS CERTIFIED, BY SIGNATURE, THAT THE BILLING IS APPROPRIATE, WITHIN THE SCOPE OF THE AWARD AND ITS BUDGETED PURPOSES, AND HAS BEEN DULY EXPENDED). X X X 0 0 0 0 0 0 0 0 0 JOHN MESTER PRESIDENT 450102 0 0 0 0 0 35625 0 33837 0 519564 0 0 0 TED WACKLER VICE PRESIDENT 319557 0 0 0 0 0 30449 0 34710 0 384716 0 0 0 DAVID SCHULTZ DIRECTOR, USSO 282350 0 20000 0 0 0 30225 0 1087 0 333662 0 0 0 MARTHA RUBENSTEIN CFO/TREASURER - PAST 207978 0 0 0 0 0 20798 0 1966 0 230742 0 0 0 MARY EGGER CHIEF COUNSEL 175630 0 0 0 0 0 17553 0 1130 0 194313 0 0 0 TIGIST GEBEYEHU SR. FINANCE & OPERAT. ANALYST 129900 0 0 0 0 0 12979 0 13343 0 156222 0 0 0 PART I, LINE 3 COMPENSATION SURVEYS PUBLISHED BY INDEPENDENT THIRD-PARTY ORGANIZATIONS AND SALARY INFORMATION FROM FILED 990 REPORTS OF COMPARABLE ORGANIZATIONS' OFFICERS AND KEY EMPLOYEES ARE COLLECTED EACH YEAR BY THE GENERAL COUNSEL AND PRESENTED TO THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION A, LINE 1A EXECUTIVE COMMITTEE OF THE BOARD COMPOSED OF THE CHAIR OF THE BOARD OF TRUSTEES, THE PRESIDENT OF THE CORPORATION, AND NOT FEWER THAN THREE NOR MORE THAN FIVE OTHER TRUSTEES AS THE BOARD OF TRUSTEES MAY DETERMINE FROM TIME TO TIME AT ITS ANNUAL MEETING. THE CHAIR OF THE BOARD OF TRUSTEES SHALL BE THE CHAIR OF THE EXECUTIVE COMMITTEE OF THE BOARD. EXECUTIVE COMMITTEE OF THE BOARD SHALL, IN THE INTERVALS BETWEEN THE MEETINGS OF THE BOARD OF TRUSTEES, HAVE THE IMMEDIATE CHARGE, MANAGEMENT, AND CONTROL OF THE ACTIVITIES AND AFFAIRS OF THE CORPORATION, AND IT SHALL HAVE FULL POWER TO DO ANY AND ALL THINGS IN RELATION TO THE ACTIVITIES AND AFFAIRS OF THE CORPORATION, AND TO EXERCISE ANY POWERS OF THE BOARD OF TRUSTEES WHICH ARE NOT SPECIFICALLY REQUIRED BY LAW OR BY THESE BYLAWS TO BE DONE OR EXERCISED BY THE FULL BOARD. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS 91 INSTITUTIONAL UNIVERSITY MEMBERS, EACH REPRESENTED IN THE COUNCIL OF PRESIDENTS (COP) BY THE UNIVERSITY PRESIDENT OR CHANCELLOR. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER OF THE COP HAS ONE VOTE. THE COP ELECTS MEMBERS OF THE BOARD OF TRUSTEES BY THE MAJORITY OF VOTES CAST. FORM 990, PART VI, SECTION A, LINE 7B THE COP MAY DISAPPROVE ANY ASSESSMENTS FIXED BY THE BOARD OF TRUSTEES; ELECT NEW MEMBER UNIVERSITIES NOMINATED BY THE BOARD; AND APPROVE ANY AMENDMENTS TO THE BYLAWS PROPOSED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT AND ITS EXTERNAL ACCOUNTANTS REVIEW THE 990. THEN THE AUDIT COMMITTEE ASSUMES THE PRINCIPAL RESPONSIBILITY FOR REVIEWING THE 990 ON BEHALF OF THE BOARD OF TRUSTEES. THE BOARD RECEIVES A COPY PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C IN ADDITION TO THE ANNUAL ACKNOWLEDGEMENT OF THE CONFLICT OF INTEREST POLICY AND DISCLOSURE OF ANY CONFLICTS, ALL OFFICERS AND TRUSTEES ARE UNDER A CONTINUING AND AFFIRMATIVE OBLIGATION TO DISCLOSE ANY CONFLICTS THAT MAY COME UP DURING THE YEAR. TRUSTEES AND MEMBERS OF COMMITTEES REPORT ANY CONFLICTS TO THE BOARD AND GENERAL COUNSEL, AND OTHER OFFICERS REPORT ANY CONFLICTS TO THE PRESIDENT AND GENERAL COUNSEL. THE BOARD RESOLVES ISSUES AMONG BOARD AND COMMITTEE MEMBERS IN CONSULTATION WITH THE GENERAL COUNSEL AND PRESIDENT, AND THE PRESIDENT RESOLVES ISSUES INVOLVING OTHER OFFICERS IN CONSULTATION WITH THE GENERAL COUNSEL. RECUSAL FROM ANY CONFLICTED MATTER IS THE PRACTICE. THE URA EMPLOYEE MANUAL ALSO CONTAINS A CONFLICT OF INTEREST POLICY COVERING ALL EMPLOYEES, AND IT DESCRIBES THE PROCESS FOR DISCLOSURE TO THE PRESIDENT AND RESOLUTION OF ANY CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION SURVEYS PUBLISHED BY INDEPENDENT THIRD-PARTY ORGANIZATIONS AND SALARY INFORMATION FROM FILED 990 REPORTS OF COMPARABLE ORGANIZATIONS' OFFICERS AND KEY EMPLOYEES ARE COLLECTED EACH YEAR BY THE GENERAL COUNSEL AND PRESENTED TO THE EXECUTIVE COMMITTEE OF THE BOARD, WHICH MAKES A COMPENSATION RECOMMENDATION TO THE FULL BOARD FOR ITS APPROVAL. PERIODICALLY, MOST RECENTLY, IN 2022, URA CONTRACTS WITH AN INDEPENDENT ENTITY TO COLLECT AND PROVIDE COMPARABLE COMPENSATION DATA. THE EXECUTIVE COMMITTEE AND BOARD CONDUCT THEIR DECISION-MAKING WITH MEMBERS ONLY. COMMITTEE AND BOARD MINUTES AND A MEMORANDUM FROM THE BOARD CHAIR DOCUMENT THIS PROCESS AND DECISION. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2022. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G HUMAN RESOURCE FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 45,903. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 45,903. OTHER CONSULTING FEES: PROGRAM SERVICE EXPENSES 45,750. MANAGEMENT AND GENERAL EXPENSES 1,217,007. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,262,757. RECRUITMENT & ADVERTISING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 875. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 875. PROGRAMMATIC SPONSORSHIPS: PROGRAM SERVICE EXPENSES 341,211. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 341,211. HONARARIA: PROGRAM SERVICE EXPENSES 84,750. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 84,750. FERMI RESEARCH ALLIANCE LLC PO BOX 500 BATAVIA IL 60510 571239010 RESEARCH IL 501(C)(3) LINE 7 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 FERMI RESEARCH ALLIANCE S 238294 NET REALIZABLE VALUE