2019-05-28T10:35:02-05:00 2018-09-30 205991824 SC&H TAX & ADVISORY SERVICES LLC 910 RIDGEBROOK ROAD SPARKS MD 21152 990 2017-10-01 520892064 UNIVERSITIES SPACE RESEARCH ASSOCIATION UNIV 4107302656 7178 COLUMBIA GATEWAY DRIVE COLUMBIA MD 21046 JEANIE GREENWELL VP, CFO 4107302656 2019-05-22 1 LORI S BURGHAUSER P00370694 4104031500 2019-05-22 50.206.141.66 2019-05-22 14:04:55 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 D598169B7B70477E3779F4FD99F3BFF6A447919F 2017 2019-02-21 02:37:17Z JEANIE GREENWELL 7178 COLUMBIA GATEWAY DRIVE COLUMBIA MD 21046 163307900 0 X WWW.USRA.EDU X 1969 DC ADVANCE THE SPACE, AERONAUTICS AND RELATED SCIENCES AND EXPLORATION THROUGH INNOVATIVE RESEARCH, TECHNOLOGY, AND EDUCATION PROGRAMS. 15 14 647 0 0 2960 152915351 157502294 4872154 4832999 250370 94820 0 1419 158037875 162431532 29026722 32390210 0 0 70925648 71074814 0 0 0 55987139 57300806 155939509 160765830 2098366 1665702 57154138 60627479 29607505 30408248 27546633 30219231 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 26668513 484535 0 NASA ACADEMIC MISSION SERVICES (NAMS) CONTRACT TO DELIVER NEW CONCEPTS, TOOLS AND TECHNOLOGIES RELATED TO AERONAUTICS, SCIENCE AND AEROFLIGHTDYNAMICS. 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. 22345788 97135 0 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. 20128164 5660 4377 STRATOSPHERIC OBSERVATORY FOR INFRARED ASTRONOMY (SOFIA): THE SOFIA IS AN AIRBORNE OBSERVATORY THAT WILL STUDY THE UNIVERSE IN THE INFRARED SPECTRUM. BESIDES THIS CONTRIBUTION TO SCIENCE PROGRESS, SOFIA WILL BE 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 IS EXPECTED TO FLY INTO THE STRATOSPHERE, OPEN THE TELESCOPE CAVITY DOOR, AND POINT ITS TELESCOPE AT THE HEAVENS THREE OR FOUR NIGHTS A WEEK FOR AT LEAST TWENTY YEARS. 20018722 15061981 40700 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. 19688249 16362303 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." 11916822 0 0 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. 8064005 0 4116963 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. 7840809 288652 34717 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 AWHOLE 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. 3088257 2189 98697 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. 1664460 7005 0 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. 505643 0 4377 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-RAYASTRONOMY, GAMMA-RAY ASTRONOMY, AND COSMIC-RAY ASTROPHYSICS. 501375 80750 533168 CENTER FOR SPACE NUCLEAR RESEARCH (CSNR): THE CSNR IS OPERATED BY USRA IN 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. 73288342 31802880 4828622 142430807 1 1 0 1 0 0 0 0 0 0 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 1 0 0 0 1 2091 0 647 1 1 1 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 STEVE BENSON 4107302656 7178 COLUMBIA GATEWAY DRIVE COLUMBIA MD 21046 DR WILLIAM BALLHAUS CHAIR, BOARD OF TRUSTEES 3.00 0.00 X X 26900 0 0 DR ELIZABETH PROTAS V. CHAIR, BOARD OF TRUSTEE 3.00 0.00 X X 44700 0 0 DR JEFFREY ISAACSON PRESIDENT AND CEO, BOARD O 40.00 0.00 X X 757022 0 106276 MR STEVEN ACKERMAN MEMBER, BOARD OF TRUSTEES (PT YR) 3.00 0.00 X 8300 0 0 MR DANIEL BAKER MEMBER, BOARD OF TRUSTEES 3.00 0.00 X 36450 0 0 DR JOHN CARLSTROM MEMBER, BOARD OF TRUSTEES 3.00 0.00 X 25800 0 0 MS NATALIE W CRAWFORD MEMBER, BOARD OF TRUSTEES 3.00 0.00 X 3750 0 0 DR PATRICIA H DOHERTY MEMBER, BOARD OF TRUSTEES 3.00 0.00 X 24350 0 0 DR PASCALE ENRENFREUND MEMBER, BOARD OF TRUSTEES 3.00 0.00 X 19600 0 0 MR JAMES H JOHNSON MEMBER, BOARD OF TRUSTEES 3.00 0.00 X 27800 0 0 DR ALFRED KRABBE MEMBER, BOARD OF TRUSTEES 3.00 0.00 X 21850 0 0 MR LOUIS J LANZEROTTI MEMBER, BOARD OF TRUSTEES 3.00 0.00 X 20600 0 0 DR JOHN MONTGOMERY MEMBER, BOARD OF TRUSTEES 3.00 0.00 X 23100 0 0 DR CAROLYN B MORGAN MEMBER, BOARD OF TRUSTEES 3.00 0.00 X 28300 0 0 DR B THOMAS SOIFER MEMBER, BOARD OF TRUSTEES 3.00 0.00 X 31300 0 0 DR EDWARD J WEILER MEMBER, BOARD OF TRUSTEES 3.00 0.00 X 27100 0 0 MR STEVEN BENSON SECRETARY, BOARD OF TRUSTEES 3.00 0.00 X 0 0 0 MS JEANIE GREENWELL VICE PRESIDENT AND CFO 40.00 0.00 X 263123 0 44189 DR NICHOLAS WHITE SR. VICE PRESIDENT 40.00 0.00 X 350442 0 27205 MR VINCE DEFRANCISCI VICE PRESIDENT 40.00 0.00 X 313151 0 48398 DR WILLIAM CORSO DIRECTOR 40.00 0.00 X 298035 0 49626 MR HAROLD YORKE DIRECTOR 40.00 0.00 X 296514 0 43874 BERNARD SEERY SR. VICE PRESIDENT 40.00 0.00 X 286150 0 25670 MR MATT BLAKE DIRECTOR 40.00 0.00 X 278973 0 19360 MR KEVIN SCHMADEL VICE PRESIDENT I 40.00 0.00 X 260165 0 45634 MS ROBERTA LEFTWITCH-VANN DIRECTOR 40.00 0.00 X 244455 0 50373 MR JAMES SCOTT MILLER DIRECTOR 40.00 0.00 X 230443 0 46954 DR DAVID BELL DIRECTOR II 40.00 0.00 X 334748 0 26527 DR STEPHEN J MACKWELL DIRECTOR III 40.00 0.00 X 328537 0 43210 MS LOUISE PROCKTER DIRECTOR 40.00 0.00 X 246007 0 31254 MR WILLIAM REACH DIRECTOR 40.00 0.00 X 233736 0 47580 MR CHRISTOPHER PESTAK PROGRAM DIRECTOR 40.00 0.00 X 231860 0 38524 MS KARIN HILSER PROG. DIR./CAPTURE MGR./FORMER CFO 40.00 0.00 X 227851 0 29358 5551112 0 724012 208 1 1 0 CROWN CONSULTING INC 1400 KEY BLVD ARLINGTON VA 22209 SCIENTIFIC SUPPORT SERVICES 4539684 OHIO AEROSPACE INSTITUTE 22800 CEDAR POINT ROAD BROOK PARK OH 44142 SCIENTIFIC SUPPORT SERVICES 4473859 GLOBAL SCIENCE & TECHNOLOGY 7855 WALKER DRIVE SUITE 200 GREENBELT MD 20770 SCIENTIFIC SUPPORT SERVICES 3861584 MORGAN STATE UNIVERSITY 1700 EAST COLDSPRING LANE BALTIMORE MD 21251 SCIENTIFIC SUPPORT SERVICES 3578576 MOSAIC ATM INC 540 FORT EVANS RD LEESBURG VA 20176 SCIENTIFIC SUPPORT SERVICES 2584751 44 2390 157221242 278662 157502294 COMMERICAL CONTRACT REVENUE 541700 4290720 4290720 OTHER CONTRACT REVENUE 541700 542279 542279 4832999 39938 39938 931250 876368 54882 54882 54882 OTHER INCOME 900099 1419 1419 1419 162431532 4832999 0 96239 X 32390210 32390210 5259403 4713138 546265 52082926 42118361 9964565 4654927 4233012 421915 5246724 4650714 596010 3830834 3483613 347221 411954 411954 113863 113863 150000 150000 43101986 42427676 674310 1054826 348678 706148 890373 147124 743249 1388731 1262015 126716 4565463 3793835 771628 1262524 948655 313869 405100 405100 1315697 1315697 482903 204180 278723 OTHER DIRECT COSTS 1152099 1152099 EQUIPMENT 624651 557497 67154 MISCELLANEOUS 380636 380636 160765830 142430807 18335023 0 6053044 5373627 328323 81376 21570387 27602807 652248 420261 32818423 11716123 21997534 21102300 6552602 6047108 57154138 60627479 17086200 18299168 10632534 10275519 397837 367922 1490934 1465639 29607505 30408248 X 27312036 29945742 234597 273489 27546633 30219231 57154138 60627479 X 1665702 21881 985015 X X 0 1 X 1 1 1 X 106243958 110097669 125528692 152915351 157502294 652287964 106243958 110097669 125528692 152915351 157502294 652287964 652287964 205436 443 116943 243253 39938 606013 1419 1419 652895396 26982108 0.99910 0.99850 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME 0 192409 192409 160573421 160765830 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 301149 234408 206804 192409 934770 250000 250000 250000 250000 1000000 1500000 100000 100000 5142611 5142611 20391630 6421679 13969951 605141 107554 497587 6668541 5176390 1492151 10500 10500 0 21102300 BILLINGS IN EXCESS OF COST 635552 INTEREST RATE SWAP LIABILITY 49348 DEFERRED COMP. PLAN LIABILITY 980508 BOND ISSUE COSTS -199769 1465639 X 163438427 21881 985014 1006895 162431532 0 162431532 160765830 0 160765830 0 160765830 PART X, LINE 2: ASC 740, INCOME TAXES (ASC 740), PRESCRIBES A RECOGNITION THRESHOLD AND A MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FOR THOSE BENEFITS TO BE RECOGNIZED, A TAX POSITION MUST BE MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE ORGANIZATION CONTINUES TO REMAIN SUBJECT TO EXAMINATION BY U.S. FEDERAL AUTHORITIES FOR THE YEARS AFTER 2014. THE ORGANIZATION RECOGNIZES INTEREST AND PENALTIES ACCRUED ON ANY UNRECOGNIZED TAX EXPOSURE AS A COMPONENT OF INCOME TAX EXPENSE. THE ORGANIZATION DOES NOT HAVE ANY AMOUNTS ACCRUED RELATING TO INTEREST AND PENALTIES AS OF SEPTEMBER 30, 2018 AND 2017. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED GAIN INTEREST RATE SWAP 435,014. RECOVERY OF BAD DEBT 550,000. CENTRAL AMERICA AND THE CARIBBEAN 0 3 PROGRAM SERVICES SCIENTIFIC RESEARCH 7092 EAST ASIA AND THE PACIFIC 0 54 PROGRAM SERVICES SCIENTIFIC RESEARCH 437895 EUROPE 0 99 PROGRAM SERVICES SCIENTIFIC RESEARCH 439346 NORTH AMERICA 0 13 PROGRAM SERVICES SCIENTIFIC RESEARCH 36538 RUSSIA AND NEIGHBORING STATES 0 1 PROGRAM SERVICES SCIENTIFIC RESEARCH 3990 SOUTH AMERICA 0 4 PROGRAM SERVICES SCIENTIFIC RESEARCH 22298 SOUTH ASIA 0 2 PROGRAM SERVICES SCIENTIFIC RESEARCH 10204 SUB-SAHARAN AFRICA 0 6 PROGRAM SERVICES SCIENTIFIC RESEARCH 33803 0 182 0 0 0 182 991166 0 991166 0 0 0 0 0 0 1 STIPENDS AND SCHOLARSHIPS FOR PROGRAM ACTIVITIES 2477 32390210 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 1 1 0 1 0 0 0 0 0 DR JEFFREY ISAACSON PRESIDENT AND CEO, BOARD O 374985 0 355500 0 26537 0 76620 0 29656 0 863298 0 0 0 MS JEANIE GREENWELL VICE PRESIDENT AND CFO 226952 0 34500 0 1671 0 23604 0 20585 0 307312 0 0 0 DR NICHOLAS WHITE SR. VICE PRESIDENT 234950 0 91682 0 23810 0 25364 0 1841 0 377647 0 0 0 MR VINCE DEFRANCISCI VICE PRESIDENT 217243 0 87839 0 8069 0 22058 0 26340 0 361549 0 0 0 DR WILLIAM CORSO DIRECTOR 244410 0 50699 0 2926 0 24657 0 24969 0 347661 0 0 0 MR HAROLD YORKE DIRECTOR 262069 0 26463 0 7982 0 24089 0 19785 0 340388 0 0 0 BERNARD SEERY SR. VICE PRESIDENT 280946 0 0 0 5204 0 24491 0 1179 0 311820 0 0 0 MR MATT BLAKE DIRECTOR 203953 0 19536 0 55484 0 18570 0 790 0 298333 0 0 0 MR KEVIN SCHMADEL VICE PRESIDENT I 184119 0 55854 0 20192 0 21054 0 24580 0 305799 0 0 0 MS ROBERTA LEFTWITCH-VANN DIRECTOR 221599 0 21673 0 1183 0 22299 0 28074 0 294828 0 0 0 MR JAMES SCOTT MILLER DIRECTOR 190413 0 39517 0 513 0 20055 0 26899 0 277397 0 0 0 DR DAVID BELL DIRECTOR II 259164 0 73585 0 1999 0 25290 0 1237 0 361275 0 0 0 DR STEPHEN J MACKWELL DIRECTOR III 263648 0 61941 0 2948 0 26841 0 16369 0 371747 0 0 0 MS LOUISE PROCKTER DIRECTOR 222858 0 22000 0 1149 0 22495 0 8759 0 277261 0 0 0 MR WILLIAM REACH DIRECTOR 223801 0 8300 0 1635 0 23193 0 24387 0 281316 0 0 0 MR CHRISTOPHER PESTAK PROGRAM DIRECTOR 209211 0 20806 0 1843 0 21431 0 17093 0 270384 0 0 0 MS KARIN HILSER PROG. DIR./CAPTURE MGR./FORMER CFO 176895 0 32212 0 18744 0 19788 0 9570 0 257209 0 0 0 PART I, LINE 1A WHEN EMPLOYEES HAVE TEMPORARY DUTY ASSIGNMENTS AWAY FROM THEIR PRIMARY RESIDENCES, THESE COSTS ARE REIMBURSED TO THE EMPLOYEE AT AN AMOUNT THAT IS GROSSED-UP TO COVER THE INCREASED TAX BURDEN. THE ASSOCIATION THEN WITHHOLDS THE APPROPRIATE LEVEL OF TAX AND INCLUDES IT IN THE EMPLOYEE'S TAXABLE INCOME. USRA OFFERS UP TO $250/YEAR REIMBURSEMENT FOR HEALTH BENEFITS EXPENSES (SHOES, GYM MEMBERSHIP, ETC). THESE REIMBURSEMENTS ARE INCLUDED IN TAXABLE COMPENSATION ON THE INDIVIDUALS' W-2. PART I, LINES 4A-B THE ASSOCIATION PROVIDES A NONQUALIFIED DEFERRED COMPENSATION PLAN (457F) FOR THE PRESIDENT. A CONTRIBUTION WAS MADE TO THE PLAN DURING THE CALENDAR YEAR 2017 IN THE AMOUNT OF $50,000. DURING CALENDAR YEAR 2017, THE FOLLOWING EMPLOYEES RECEIVED A SEVERANCE PAYMENT: MATT BLAKE $ 53,522 PART I, LINE 5 THE PRESIDENT & CEO'S INCENTIVE COMPENSATION IS BASED ON A NUMBER OF PERFORMANCE GOALS AND MEASURES, INDICATIVE OF FULFILLING ORGANIZATIONS NON-PROFIT PURPOSE. A MARYLAND ECONOMIC DEVELOPMENT CORPORATION 521376562 2013-06-01 11825858 ACQUISITION AND RENOVATION OF COLUMBIA GATEWAY DRIVE LAND AND BUILDING 0 0 0 A 1550340 11825858 225000 10275519 2014 0 0 1 1 A 0 0 0 0 0 0 0 A 0 1 0 0 1 0 0 0 1 A 1 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 COMPOSED 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 COMPOSED 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 EMPLOYMENTS, FINANCIAL INTERESTS 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 ARRANGEMENT. 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 OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 1,885,768. MANAGEMENT AND GENERAL EXPENSES 674,310. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,560,078. SUB-CONTRACTS: PROGRAM SERVICE EXPENSES 40,541,908. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 40,541,908. FORM 990, PART XI, LINE 9: UNREALIZED GAIN ON INTEREST RATE SWAP 435,015. BAD DEBT RECOVERY 550,000. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. USRA VOLUNTARY EMPLOYEE BENEFITS ASSOCIATION (VEBA) 7178 COLUMBIA GATEWAY DRIVE COLUMBIA MD 21045 526853833 POST-RETIREMENT MEDICAL BENEFITS TO ELIGIBLE EMPLOYEES MD 501(C)(9) N/A N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0