2021-08-13T09:21:37-05:00 2020-09-30 560747981 DIXON HUGHES GOODMAN LLP 1410 SPRING HILL ROAD SUITE 500 TYSONS VA 221023056 990 2019-10-01 520892064 UNIVERSITIES SPACE RESEARCH ASSOCIATION UNIV 4107302656 7178 COLUMBIA GATEWAY DRIVE COLUMBIA MD 21046 JEANIE GREENWELL VP & CFO 4107302656 2021-08-10 1 AMY BIBBY P00445891 7039700400 2021-08-10 2019 2022-09-23 18:48:47Z JEANIE GREENWELL 7178 COLUMBIA GATEWAY DR COLUMBIA MD 21046 150083117 0 X WWW.USRA.EDU X 1969 DC ADVANCE THE SPACE AND AERONAUTICS RELATED SCIENCES AND EXPLORATION THROUGH INNOVATIVE RESEARCH, TECHNOLOGY, AND EDUCATION 15 14 573 0 0 0 157400219 150546486 3242250 -1201140 200148 183619 32988 24710 160875605 149553675 33472825 32790481 0 0 70134727 71844734 251424 0 0 54180110 42569917 158039086 147205132 2836519 2348543 65647838 66653965 32964995 31696656 32682843 34957309 X TO PROVIDE A COLLABORATIVE MEMBERSHIP ORGANIZATION WHERE UNIVERSITIES AND OTHER RESEARCH ORGANIZATIONS MAY COOPERATE EFFECTIVELY WITH EACH OTHER, WITH THE UNITED STATES GOVERNMENT, AND OTHER ENTITIES TO DEVELOP KNOWLEDGE ASSOCIATED WITH SPACE SCIENCE AND TECHNOLOGY 0 0 26726738 874108 NASA ACADEMIC MISSION SERVICES (NAMS) CONTRACT TO DELIVER NEW CONCEPTS, TOOLS AND TECHNOLOGIES RELATED TO AERONAUTICS, SCIENCE AND AERO FLIGHT DYNAMICS. THIS FIVE-YEAR AGREEMENT FOR A $193 MILLION AWARD LAUNCHES AN INTEGRATED MULTI-YEAR RESEARCH EFFORT TO BE CONDUCTED AT NASA'S AMES RESEARCH CENTER, WHICH RANGES FROM FUNDAMENTAL RESEARCH AND DEVELOPMENT THROUGH FIELD TEST DEPLOYMENTS AND OPERATIONAL SCIENCE MISSIONS 21747098 17522 3713 GESTAR STANDS FOR GODDARD EARTH SCIENCES TECHNOLOGY AND RESEARCH. ITS SCOPE CUTS ACROSS EARTH SCIENCE DISCIPLINES AND INCLUDES ATMOSPHERIC STUDIES, HYDROLOGY, OCEAN AND CLIMATE RESEARCH. TO FACILITATE EXPERIMENTAL, ANALYTICAL AND THEORETICAL RESEARCH IN SUPPORT OF NASA'S STRATEGIC EARTH AND SPACE SCIENCE OBJECTIVES. 20879062 15444929 167 EDUCATION PROGRAMS (EAP & EPO): THE EDUCATION PROGRAM'S OFFICE PRIMARILY SUPPORTS NASA'S EFFORTS TO EXPAND EDUCATIONAL OPPORTUNITIES FOR STUDENTS IN AEROSPACE ENGINEERING AND THE SPACE SCIENCES, AS WELL AS ENCOURAGING YOUNG STUDENTS TO STAY IN SCHOOL AND PURSUE CAREERS IN SCIENCE, ENGINEERING, AND BUSINESS. 20001860 16136101 NASA POSTDOCTORAL PROGRAM (NPP), A PRESTIGIOUS, NATIONAL-LEVEL EFFORT SUPPORTING ALL NASA MISSION DIRECTORATES AND CENTERS. NPP AWARDS FELLOWSHIPS TO HIGHLY QUALIFIED POSTDOCTORAL SCIENTISTS AND ENGINEERS, ENABLING THEM TO CONDUCT RESEARCH AND PARTICIPATE IN NASA MISSION ACTIVITIES AT VARIOUS LOCATIONS. THE NPP IS A VITAL MEANS BY WHICH NASA IDENTIFIES AND ENGAGES TALENTED EARLY-CAREER SCIENTISTS. IT ALSO PROVIDES AN IMPORTANT PIPELINE FOR DEVELOPING THE NASA WORKFORCE NEEDED FOR FUTURE CHALLENGES. DR. JEFFREY A. ISAACSON, USRA PRESIDENT AND CEO, COMMENTED, "ACHIEVING NASA'S GOALS FOR THE NPP REQUIRES AN ORGANIZATION WITH LONGSTANDING NASA RELATIONSHIPS, INSIGHT INTO RESEARCH PROJECTS AS THEY RELATE TO NASA'S MISSIONS AND LONG-TERM OBJECTIVES, AND STRONG CONNECTIONS TO THE UNIVERSITY RESEARCH COMMUNITY. USRA IS IDEALLY SUITED FOR THIS IMPORTANT CHARGE." 17956589 22483 4716 STRATOSPHERIC OBSERVATORY FOR INFRARED ASTRONOMY (SOFIA): SOFIA IS AN AIRBORNE OBSERVATORY THAT STUDIES THE UNIVERSE IN THE INFRARED SPECTRUM. BESIDES THIS CONTRIBUTION TO SCIENCE PROGRESS, SOFIA IS A MAJOR FACTOR IN THE DEVELOPMENT OF OBSERVATIONAL TECHNIQUES, OF NEW INSTRUMENTATIONS, AND IN THE EDUCATION OF YOUNG SCIENTISTS AND TEACHERS IN THE DISCIPLINE OF INFRARED ASTRONOMY. SOFIA FLIES INTO THE STRATOSPHERE, OPENS THE TELESCOPE CAVITY DOOR, AND POINTS ITS TELESCOPE AT THE HEAVENS MOST NIGHTS A WEEK IN THIS DECADE AND THE NEXT. 6943627 850 EXPLORATION SYSTEMS TECHNOLOGY RESEARCH SUPPORTS RESEARCH FOR NASA GLENN RESEARCH CENTER'S EXPLORATION SYSTEMS (NCSER): TECHNOLOGY DEVELOPMENT PROGRAMS AND PROVIDES SUPPORT FOR ISS MICROGRAVITY RESEARCH. THIS PROGRAM INVOLVES THE DEVELOPMENT OF ENABLING TECHNOLOGIES FOR SPACE EXPLORATION WITH EMPHASIS ON REDUCED GRAVITY APPLICATIONS OF FLUIDS SYSTEMS AND FIRE SAFETY AND PERFORMS CRITICAL PATH RESEARCH IN FLUIDS AND COMBUSTION IN SUPPORT OF NASA'S SPACE EXPLORATION PROGRAM AND RELATED NATIONAL INITIATIVES. 6198874 120155 LUNAR & PLANETARY INSTITUTE (LPI): SUPPORTS NASA'S RESEARCH IN LUNAR, PLANETARY, AND RELATED SCIENTIFIC FIELDS. THE INSTITUTE IS A CENTER FOR LUNAR AND PLANETARY SCIENCE, CONDUCTING RESEARCH STUDIES ON THE FORMATION, EVOLUTION, AND CURRENT STATE OF THE MOON, PLANETS, COMETS, ASTEROIDS, PLANETARY SATELLITES, COSMIC DUST, AND OUR SOLAR SYSTEM AS A WHOLE THROUGH ANALYSIS OF DATA AND SAMPLES OBTAINED THROUGH NASA'S LONG HISTORY OF MISSIONS AND EXPLORATION, SERVICE TO NASA AND THE PLANETARY SCIENCE COMMUNITY. THE INSTITUTE COORDINATES SCIENTIFIC MEETINGS ON LUNAR AND PLANETARY TOPICS, AND DISSEMINATES SCIENTIFIC INFORMATION THROUGH TECHNICAL JOURNALS AND CONFERENCES, INCLUDING AN ABSTRACT DATABASE OF MORE THAN 25,000 PRESENTATIONS MADE BY SCIENTISTS ATLPI-SPONSORED MEETINGS. THE INSTITUTE ALSO CURATES AN EXTENSIVE COLLECTION OF LUNAR AND PLANETARY DATA THAT IS ACCESSIBLE ONLINE. 5416127 98347 -1345400 RESEARCH INSTITUTE FOR ADVANCED COMPUTER SCIENCE (RIACS): THE RIACS IS FOCUSED ON DEVELOPING THE NEXT GENERATION ENABLING TECHNOLOGIES THAT WILL FACILITATE BOTH HUMAN AND ROBOTIC SPACE EXPLORATION. SINCE ITS INCEPTION IN 1983, THE INSTITUTE HAS CONDUCTED BASIC AND APPLIED COMPUTER SCIENCE RESEARCH ACROSS A VARIETY OF AEROSPACE-RELATED DISCIPLINES, INCLUDING SUPERCOMPUTING, COMPUTATIONAL FLUID DYNAMICS, COMPUTATIONAL CHEMISTRY, HIGH-PERFORMANCE NETWORKING, AND ARTIFICIAL INTELLIGENCE. 3225926 20440 102 NATIONAL SPACE SCIENCE AND TECHNOLOGY CENTER (NSSTC): THE DIVISION OF EARTH SCIENCES SUPPORTS NASA'S RESEARCH TO SEEK A BETTER UNDERSTANDING OF THE GLOBAL HYDROLOGIC CYCLE AND ITS INTERACTION WITH CLIMATE VARIABILITY. USRA IS ASSISTING WITH THE INTEGRATION OF RESEARCH PROGRAMS WITH THE EDUCATIONAL NEEDS OF CLIMATE AND GLOBAL CHANGE SCIENCE CURRICULA AT THE COLLEGE AND PRE-COLLEGE LEVELS TO COMMUNICATE THE IMPORTANCE AND CHALLENGES RELATING TO THE INTERACTIONS OF THE HYDROLOGIC CYCLE WITH CLIMATE AND CLIMATE VARIABILITY. 262921 ARECIBO OBSERVATORY IN PUERTO RICO HOSTS THE WORLD'S LARGEST SINGLE-DISH TELESCOPE (ARECIBO) USRA'S ROLE IN THE TEAM IS TO MANAGE THE OBSERVATORY'S ASTRONOMY AND PLANETARY RADAR PROGRAMS, AS WELL AS TO PROVIDE ELECTRICAL ENGINEERING AND SCIENTIFIC COMPUTING EXPERTISE. ADDITIONAL SUPPORT FOR THE OBSERVATORY WILL BE PROVIDED BY NASA, TO FURTHER RADAR STUDIES OF ASTEROIDS AND COMETS THAT POSE A POTENTIAL THREAT TO EARTH, AND TO STUDY OUR NEIGHBORING PLANETS AND THEIR MOONS. 135325 14071 EARTH FROM SPACE INSTITUTE (EFSI), FOCUSED ON SUPPORTING THE DEVELOPMENT OF LONG-TERM STRATEGIES FOR ENVIRONMENTAL SUSTAINABILITY AND CLIMATE ACTION HAS BEEN ESTABLISHED. 97582 55545 121491 CENTER FOR SPACE NUCLEAR RESEARCH (CSNR): THE CSNR IS OPERATED BY USRAIN COLLABORATION WITH THE IDAHO NATIONAL LABORATORY (INL). THE CSNR ISA FOCUS FOR ENGAGING UNIVERSITY SCIENTISTS IN RESEARCH AND DEVELOPMENT OF ADVANCED SPACE NUCLEAR SYSTEMS, INCLUDING SPACE POWER AND PROPULSION SYSTEMS AND RADIOISOTOPE POWER GENERATORS. 166 CENTER FOR RESEARCH AND EXPLORATION IN SPACE AND SCIENCE TECHNOLOGY (CRESST): SUPPORTS THE RESEARCH EFFORTS FOR NASA AND THE NRL IN VARIOUS ASTRONOMY AND SPACE PHYSICS DISCIPLINES INCLUDING X-RAY ASTRONOMY, GAMMA-RAY ASTRONOMY, AND COSMIC-RAY ASTROPHYSICS. 60238997 16453921 -1205020 129591895 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1949 0 573 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 14 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA DC MD VA X JEANIE GREENWELL 4107302656 7178 COLUMBIA GATEWAY DRIVE COLUMBIA MD 21046 WILLIAM F BALLHAUS CHAIR, BOARD OF TRUSTEES 3.00 X X 35100 0 0 RENU MALHOTRA COI CHAIR 3.00 X X 31900 0 0 DANIEL N BAKER COI VICE CHAIR 3.00 X X 47050 0 0 ALFRED KRABBE TRUSTEE 3.00 X 24650 0 0 BERRIEN MOORE TRUSTEE 3.00 X 18050 0 0 CAROLYN B MORGAN TRUSTEE 3.00 X 31700 0 0 EDWARD J WEILER TRUSTEE 3.00 X 5350 0 0 ELIZABETH PROTAS TRUSTEE 3.00 X 9700 0 0 JAMES JOHNSON TRUSTEE 3.00 X 6300 0 0 JOHN A MONTGOMERY TRUSTEE 3.00 X 29250 0 0 JOHN CARLSTROM TRUSTEE 3.00 X 6300 0 0 KATHLEEN HOWELL TRUSTEE 3.00 X 18050 0 0 KIM PERRY WILLIAMS TRUSTEE 3.00 X 24400 0 0 LOUIS J LANZEROTTI TRUSTEE 3.00 X 25650 0 0 PASCALE EHRENFREUND TRUSTEE 3.00 X 22400 0 0 PATRICIA H DOHERTY TRUSTEE 3.00 X 44950 0 0 THOMAS SOIFER TRUSTEE 3.00 X 12700 0 0 TRUELL W HYDE TRUSTEE 3.00 X 7300 0 0 JEFFREY A ISAACSON PRESIDENT AND CEO 40.00 X X 778032 0 94756 MARY JEAN GREENWELL VP,FINANCE & ADMIN, CFO 40.00 X 329941 0 37174 KARIN HILSER PROGRAM DEV/CAPTURE MGR 40.00 X 215777 0 26119 BERNARD SEERY SR VP, TECHNOLOGY R&D 40.00 X 331558 0 28564 DAVID BELL DIRECTOR, NAMS & RIACS 40.00 X 318208 0 27114 HAROLD YORKE DIRECTOR, SOFIA 40.00 X 290033 0 40357 HINA KAZMI DIRECTOR, PROGRAM MGR, SOFIA 40.00 X 245473 0 35771 JOAN SCHMELZ DIRECTOR, NPP 40.00 X 234459 0 25825 ORESTE REALE DIRECTOR, GESTAR 40.00 X 213756 0 32610 AMANDA SMITH HACKLER DIRECTOR, EDUCATION 40.00 X 183607 0 22413 KEVIN SCHMADEL VP, CORP AFFAIRS & COMM 40.00 X 309303 0 35948 VINCE DEFRANCISCI VP, STATEGY & PROGRAM DEV 40.00 X 298549 0 40364 LOUISE PROCKTER DIRECTOR, LPI 40.00 X 263707 0 30843 CHRISTOPHER PESTAK DIRECTOR, ARTS 40.00 X 262688 0 35940 JAMES JACKSON ASSOC DIRECTOR, SCIENCE 40.00 X 241047 0 23116 4916938 0 536914 228 0 1 0 CROWN CONSULTING INC 1400 KEY BLVD ARLINGTON VA 22209 SCIENTIFIC SUPPORT SERVICES 4717361 GLOBAL SCIENCE & TECHNOLOGY 7855 WALKER DRIVE SUITE 200 GREENBELT MD 20770 SCIENTIFIC SUPPORT SERVICES 4130561 MOSAIC ATM INC 540 FORT EVANS RD LEESBURG VA 20176 SCIENTIFIC SUPPORT SERVICES 3595431 MORGAN STATE UNIV 1700 EAST COLDSPRING LN BALTIMORE MD 21251 SCIENTIFIC SUPPORT SERVICES 2321348 OHIO AEROSPACE INSTITUTE 22800 CEDAR POINT ROAD BROOK PARK OH 44142 SCIENTIFIC SUPPORT SERVICES 2283290 38 2400 150422322 121764 150546486 OTHER CONTRACT REVENUE 541700 125204 125204 COMMERCIAL CONTRACT REVENUE 541700 -1326344 -1326344 -1201140 128618 128618 584443 517118 12324 67325 -12324 55001 55001 OTHER INCOME 900099 24710 24710 24710 149553675 -1201140 0 208329 X 32790481 32790481 3860448 3289393 571055 55658371 47425129 8233242 4913848 4460253 453595 3560975 3232263 328712 3851092 3553069 298023 1365244 1365244 47433 47433 17794 17794 33063556 31728960 1334596 258913 127158 131755 1393343 203722 1189621 1189440 1189440 1612208 1332634 279574 704902 418765 286137 371837 371837 1097469 1097469 427314 131191 296123 EQUIPMENT 341133 289757 51376 RESEARCH SUPPLIES 309686 309686 OTHER DIRECT COSTS 120722 120722 RESEARCH EXPENSE 116111 116111 132812 62601 70211 147205132 129591895 17613237 0 9181997 14010726 311880 91600 29331897 25424290 581457 1465257 31665456 12296694 20040644 19368762 6199963 6293330 65647838 66653965 20970099 19034204 9907423 9527905 337144 305477 1750329 2829070 32964995 31696656 X 32142503 34410054 540340 547255 32682843 34957309 65647838 66653965 X 2348543 176281 -250358 X X 0 1 X 1 1 1 X 125528692 152915351 157502294 157400219 150544086 743890642 125528692 152915351 157502294 157400219 150544086 743890642 743890642 116943 243253 39938 171140 125618 696892 1419 32988 27110 61517 744649051 0.99900 0.99910 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 23593 23593 147245727 147269320 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 206804 192409 125100 23593 547906 250000 250000 250000 250000 1000000 1500000 300000 300000 300000 300000 0.00000 0.00000 1.00000 0 0 5142611 5142611 19181396 9114975 10066421 595160 81723 513437 6551840 3099996 3451844 194449 194449 19368762 BILLINGS IN EXCESS OF COST 1159889 INTEREST RATE SWAP LIABILITY 823509 DEFERRED COMP PLAN LIABILITY 971810 BOND ISSUE COSTS -126138 2829070 X 149474128 176281 -250358 -74077 149548205 17794 -12324 5470 149553675 147199662 12324 12324 147187338 17794 17794 147205132 PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT SHALL BE USED FOR THE BENEFIT OF THE STUDENTS AND EARLY CAREER LUNAR SCIENTISTS. FUNDS DISTRIBUTED FROM THE ENDOWMENT SHALL BE USED TO SUPPORT TRAVEL FOR STUDENTS AND EARLY CAREER SCIENTISTS TO PARTICIPATE IN LUNAR SCIENCE CONFERENCES AND WORKSHOPS, NOTABLY THOSE UNDER THE AUSPICES OF THE LUNAR EXPLORATION ANALYSIS GROUP. PART X, LINE 2: THE ORGANIZATION HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. NO PROVISION FOR INCOME TAXES IS REQUIRED FOR THE YEARS ENDED SEPTEMBER 30, 2020 AND 2019 SINCE THE ORGANIZATION HAD NO TAXABLE INCOME FROM UNRELATED BUSINESS ACTIVITIES. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF SEPTEMBER 30, 2020 AND 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED GAIN/(LOSS) ON INTEREST RATE SWAP -250,358. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF PPE -12,324. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF PPE 12,324. CENTRAL AMERICA AND THE CARIBBEAN 0 1 PROGRAM SERVICES SCIENTIFIC RESEARCH 2442 EAST ASIA AND THE PACIFIC 0 20 PROGRAM SERVICES SCIENTIFIC RESEARCH 72586 EUROPE (INCLUDING ICELAND & GREENLAND) 0 30 PROGRAM SERVICES SCIENTIFIC RESEARCH 108793 NORTH AMERICA 0 2 PROGRAM SERVICES SCIENTIFIC RESEARCH 5204 RUSSIA AND NEIGHBORING STATES 0 1 PROGRAM SERVICES SCIENTIFIC RESEARCH 2669 SOUTH AMERICA 0 2 PROGRAM SERVICES SCIENTIFIC RESEARCH 5024 SOUTH ASIA 0 1 PROGRAM SERVICES SCIENTIFIC RESEARCH 1755 SUB-SAHARAN AFRICA 0 3 PROGRAM SERVICES SCIENTIFIC RESEARCH 11227 0 60 0 0 0 60 209700 0 209700 0 0 0 0 0 0 PART III ACCOUNTING METHOD: 1 STIPENDS AND SCHOLARSHIPS FOR PROGRAM ACTIVITIES 2060 32790481 PART I, LINE 2 THE ASSOCIATION DISTRIBUTES SCHOLARSHIPS AND AWARDS TO STUDENTS WHO MEET THE CRITERIA SET OUT IN THE PROGRAM. THERE IS NO ADDITIONAL MONITORING REQUIRED. X X 1 1 X X X X X X 0 1 0 1 0 0 0 0 0 JEFFREY A ISAACSON PRESIDENT AND CEO 390500 0 359250 0 28282 0 77013 0 17743 0 872788 0 0 0 MARY JEAN GREENWELL VP,FINANCE & ADMIN, CFO 217705 0 90973 0 21263 0 24519 0 12655 0 367115 0 0 0 KARIN HILSER PROGRAM DEV/CAPTURE MGR 167845 0 25238 0 22694 0 19000 0 7119 0 241896 0 0 0 BERNARD SEERY SR VP, TECHNOLOGY R&D 252666 0 51188 0 27704 0 27300 0 1264 0 360122 0 0 0 DAVID BELL DIRECTOR, NAMS & RIACS 242436 0 48450 0 27322 0 25850 0 1264 0 345322 0 0 0 HAROLD YORKE DIRECTOR, SOFIA 259107 0 13969 0 16957 0 26961 0 13396 0 330390 0 0 0 HINA KAZMI DIRECTOR, PROGRAM MGR, SOFIA 202029 0 22660 0 20784 0 22660 0 13111 0 281244 0 0 0 JOAN SCHMELZ DIRECTOR, NPP 204292 0 27250 0 2917 0 12546 0 13279 0 260284 0 0 0 ORESTE REALE DIRECTOR, GESTAR 169661 0 23750 0 20345 0 19427 0 13183 0 246366 0 0 0 AMANDA SMITH HACKLER DIRECTOR, EDUCATION 149423 0 14583 0 19601 0 15348 0 7065 0 206020 0 0 0 KEVIN SCHMADEL VP, CORP AFFAIRS & COMM 187574 0 92609 0 29120 0 22498 0 13450 0 345251 0 0 0 VINCE DEFRANCISCI VP, STATEGY & PROGRAM DEV 199485 0 67285 0 31779 0 22623 0 17741 0 338913 0 0 0 LOUISE PROCKTER DIRECTOR, LPI 217750 0 29317 0 16640 0 23453 0 7390 0 294550 0 0 0 CHRISTOPHER PESTAK DIRECTOR, ARTS 197050 0 37634 0 28004 0 22634 0 13306 0 298628 0 0 0 JAMES JACKSON ASSOC DIRECTOR, SCIENCE 229068 0 4000 0 7979 0 9159 0 13957 0 264163 0 0 0 PART I, LINE 1A USRA OFFERS UP TO $250/YEAR REIMBURSEMENT FOR HEALTH BENEFITS EXPENSES (SHOES, GYM MEMBERSHIP, ETC). THESE REIMBURSEMENTS ARE INCLUDED IN TAXABLE COMPENSATION ON THE INDIVIDUAL W-2. USRA ALLOWS FIRST CLASS TRAVEL FOR THE CEO. PART I, LINE 3 THE PRESIDENT & CEO'S INCENTIVE COMPENSATION IS BASED ON A NUMBER OF PERFORMANCE GOALS AND MEASURES, INDICATIVE OF FULFILLING ORGANIZATION'S NON-PROFIT PURPOSE. PART I, LINE 4B THE ASSOCIATION PROVIDES A NONQUALIFIED DEFERRED COMPENSATION PLAN (457F) FOR THE CEO, JEFF ISAACON IN THE AMOUNT OF $50,000. A MARYLAND ECONOMIC DEVELOPMENT CORPORATION 521376562 2013-06-01 11825858 ACQUISTION AND RENOVATION OF COLUMBIA GATEWAY DRIVE LAND AND BUILDING 0 0 0 A 2297953 11825858 225000 11640390 2014 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 1 1 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: MARYLAND ECONOMIC DEVELOPMENT CORPORATION DATE THE REBATE COMPUTATION WAS PERFORMED: 12/19/2018 FORM 990, PART VI, SECTION A, LINE 6 USRA HAS MEMBERS THAT ARE COMPRISED OF THE MEMBER UNIVERSITIES. FORM 990, PART VI, SECTION A, LINE 7A A COUNCIL, WHICH IS COMPRISED OF A REPRESENTATIVE FROM EACH MEMBER INSTITUTION, OVERSEES THE BOARD OF TRUSTEES AND IS RESPONSIBLE FOR VOTING FOR MEMBERS OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF TRUSTEES, WHICH IS COMPRISED OF REPRESENTATIVES ELECTED FROM MEMBER INSTITUTIONS AND AT LARGE MEMBERS INCLUDING A QUALIFIED FINANCIAL EXPERT, ARE DELEGATED ALL AUTHORITIES FROM THE MEMBERS EXCEPT MODIFYING BY-LAWS AND ELECTING NEW TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT FORM 990 IS REVIEWED IN DETAIL BY THE AUDIT COMMITTEE AND CHIEF FINANCIAL OFFICER. IT IS ALSO PROVIDED TO THE GOVERNING BODY BEFORE SUBMISSION. THE DOCUMENT IS POSTED ON A PASSWORD-PROTECTED INTERNAL WEB PAGE FOR BOARD REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C AT THE BEGINNING OF EACH BOARD OF TRUSTEES MEETING, THE BOARD REVIEWS USRA'S CONFLICT OF INTEREST POLICY AND EACH TRUSTEE PRESENT SUBMITS A CONFLICT OF INTEREST DISCLOSURE FORM. THE CONFLICT OF INTEREST POLICY IS APPLICABLE TO EMPLOYEES. USRA PROVIDES IN ITS EMPLOYEE HANDBOOK THAT ALL EMPLOYEES WILL IDENTIFY ANY OUTSIDE EMPLOYMENT, FINANCIAL INTEREST, OR RELATIONSHIPS THAT MIGHT CONFLICT WITH THE BEST INTEREST OF USRA AND THAT THEY WILL NOT USE PROPRIETARY INFORMATION FOR PERSONAL GAIN OR TO THE DETRIMENT OF THE ORGANIZATION. IN THE EVENT A POTENTIAL CONFLICT IS IDENTIFIED, USRA REQUIRES THE INDIVIDUAL TO RECUSE THEMSELVES FROM PARTICIPATING IN ANY AFFECTED TRANSACTION OR GOVERNING BODY DELIBERATIONS AND DECISIONS, AND TO TAKE SUCH OTHER SITUATIONALLY APPROPRIATE COURSE NEEDED TO MITIGATE OR AVOID THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 AN OUTSIDE COMPENSATION CONSULTANT IS HIRED TO COMPARE THE COMPENSATION OF TOP MANAGEMENT AND KEY EMPLOYEES TO NATIONAL, NOT-FOR-PROFIT SURVEY DATA PROVIDED BY WATSON AND WYATT. AN INDEPENDENT COMPENSATION COMMITTEE REVIEWS THE INFORMATION AND APPROVES THE COMPENSATION ARRANGEMENT. THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING REGARDING THE COMPENSATION ARRANGEMENTS. FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 395,698. MANAGEMENT AND GENERAL EXPENSES 1,214,780. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,610,478. SUB-CONTRACT EXPENSES: PROGRAM SERVICE EXPENSES 31,333,262. MANAGEMENT AND GENERAL EXPENSES 119,816. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 31,453,078. FORM 990, PART XI, LINE 9: UNREALIZED GAIN/(LOSS) ON INTEREST RATE SWAP -250,358. PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.