SRC INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- SRC INC (EIN 15-0589832)
- Tax period
- 2011-10-01 to 2012-09-30
- Filed
- 2013-08-30
- IRS object ID
- 201322429349300102
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule C
- Schedule D
- Schedule F
- Schedule J
- Schedule K
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-08-30T09:25:29-00:00 | Timestamp |
| Tax Period End Date | 2012-09-30 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-10-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 150589832 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SRC Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SRCI | NameControl |
| Phone | 3154528000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7502 Round Pond Road | AddressLine1 |
| City | North Syracuse | City |
| State | NY | State |
| ZIP Code | 13212 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Philip Fazio | Name |
| Title | Executive VP Finance CFO and Treasu | Title |
| Date Signed | 2013-08-30 | DateSigned |
| Authorize Third Party | false | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Robert Young | Name |
| Phone | 3154528035 | Phone |
| Date Prepared | 2013-08-30 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Philip Fazio | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7502 Round Pond Road | AddressLine1 |
| City | North Syracuse | City |
| State | NY | State |
| ZIP Code | 13212 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 178653073 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.srcinc.com | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1957 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | SRC, Inc. is a Scientific Research Development organization that provides innovative solutions to the U.S. Government and other selected markets through advances in science and technology, public involvement and leadership, and academic partnerships. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 5 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1069 | TotalNbrEmployees |
| Total Gross UBI | 1100027 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -53295 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 141202969 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 140248348 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 50765768 | InvestmentIncomePriorYear |
| Investment Income Current Year | 30481373 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 21956630 | OtherRevenuePriorYear |
| Other Revenue Current Year | 7923352 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 213925367 | TotalRevenuePriorYear |
| Total Revenue Current Year | 178653073 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 121751844 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 112517434 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 32271364 | OtherExpensePriorYear |
| Other Expenses Current Year | 51402330 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 154023208 | TotalExpensesPriorYear |
| Total Expenses Current Year | 163919764 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 59902159 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 14733309 | RevenuesLessExpensesCY |
| Total Assets BOY | 275835439 | TotalAssetsBOY |
| Total Assets EOY | 291940598 | TotalAssetsEOY |
| Total Liabilities BOY | 32158323 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 33725361 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 243677116 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 258215237 | NetAssetsOrFundBalancesEOY |
| Mission Description | Helping keep America safe and strong by protecting its people, environment, and way of life. We will do this by focusing on our customers needs and emerging threats, through the innovative application of science, technology, and information to solve problems of national significance. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 130868607 | Expense |
| Revenue | 140248348 | Revenue |
| Description | Expenses arising in connection with Scientific Research and Development services provided mainly to the Federal Government in the areas of Defense, Environment, and Intelligence. | Description |
| Total Program Service Expense | 130868607 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | true | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | true | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | true | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | true | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | true | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | true | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | true | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | true | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | true | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 137 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 1069 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 9 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 5 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Philip Fazio | NamePerson |
| Telephone Number | 3154528811 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7502 Round Pond Road | AddressLine1 |
| City | North Syracuse | City |
| State | NY | State |
| ZIP Code | 13212 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (25 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | FormerFormer | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|---|
| Thomas Triscari | |||||||||
| Trustee | 001.00 | X | 68000 | 2917 | 0 | ||||
| Chester D Amond | |||||||||
| Former Chairperson | 001.00 | X | 57167 | 0 | 0 | X | |||
| Robert U Roberts | |||||||||
| Chairperson | 001.00 | X | 49833 | 0 | 6105 | ||||
| M Catherine Richardson | |||||||||
| Vice Chairperson | 001.00 | X | 45500 | 0 | 0 | ||||
| Patricia Civil | |||||||||
| Trustee | 001.00 | X | 42500 | 0 | 0 | ||||
| Frank Saus | |||||||||
| Trustee | 001.00 | X | 40000 | 0 | 0 | ||||
| Allen Naples | |||||||||
| Trustee | 001.00 | X | 39000 | 0 | 0 | ||||
| Lawrence Sala | |||||||||
| Trustee | 001.00 | X | 39000 | 0 | 0 | ||||
| Donald Kerrick | |||||||||
| Trustee | 001.00 | X | 36667 | 0 | 0 | ||||
| F William Smullen III | |||||||||
| Trustee | 001.00 | X | 0 | 0 | 0 | ||||
| Robert F Behler | |||||||||
| Former President CEO | 040.00 | 1535704 | 0 | 41383 | X | X | |||
| Paul G Tremont | |||||||||
| President | 040.00 | X | 553175 | 0 | 70994 | X | |||
| Pauline C Fuller | |||||||||
| Executive Vice President, Chief Risk Officer | 040.00 | 443296 | 0 | 63607 | X | ||||
| Philip Fazio | |||||||||
| Executive Vice President, Finance, Chief Financial Officer | 040.00 | 0 | 481412 | 0 | X | ||||
| James F Holland | |||||||||
| Executive Vice President, Administration | 040.00 | 380283 | 0 | 56702 | X | ||||
| Robert P Lane | |||||||||
| Executive Vice President, General Counsel | 040.00 | 368362 | 0 | 43462 | X | ||||
| Anthony J Albanese | |||||||||
| Vice President, Defense Environmental Solutions | 040.00 | 310643 | 0 | 37600 | X | ||||
| Thomas A Wilson | |||||||||
| Vice President, Product Accounts | 040.00 | 308030 | 4736 | 32694 | X | ||||
| Joseph T Lauko | |||||||||
| Vice President, Intelligence Information Systems | 040.00 | 277667 | 0 | 38489 | X | ||||
| David L Sprague | |||||||||
| AVP, Contracts | 040.00 | 188800 | 0 | 33179 | X | ||||
| Tamara Rush | |||||||||
| Federal Market Account Director | 040.00 | 249671 | 0 | 35616 | X | X | |||
| James R Periard | |||||||||
| Asst. VP, BD EW Comm. Systems | 040.00 | 243531 | 0 | 37616 | X | ||||
| Kevin Hair | |||||||||
| Vice President, Strategy Business Development | 040.00 | 241948 | 0 | 24134 | X | ||||
| Francisco J Merced | |||||||||
| PM, Operational Support | 040.00 | 235266 | 0 | 29054 | X | ||||
| John F LoSecco | |||||||||
| AVP, Intelligence Info. Sys. | 040.00 | 234423 | 0 | 24313 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 5988466 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 489065 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 574948 | TotalOtherCompensation |
| Number Individuals GT100 K | 320 | NumberIndividualsGT100K |
| Formers Listed | true | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Shirley Coloney DBA Computer Supply | |||||
| 220 Fairborne | Rochester | NY | 14626 | Computer/Electronic Retailer | 783979 |
| Defense Point Security LLC | |||||
| 110 Compass Cove | Stafford | VA | 22554 | Security Consultants | 625321 |
| Productivity Leadership Systems LLC | |||||
| 8804 Madeleine Drive | Baldwinsville | NY | 13027 | Employee Development | 404880 |
| Critical Link LLC | |||||
| 6712 Brooklawn Parkway | Syracuse | NY | 13211 | Control System Supplier | 294845 |
| Burch Consulting LLC - Greg Burch | |||||
| 5545 Sully Lake Drive | Centerville | VA | 20120 | Business Consultants | 278743 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 19 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| Defense and Environmental Solutions DES | 541700 | 66244172 | 65456597 | 787575 |
| Intelligence Information Systems I2S | 541700 | 74004176 | 73961121 | 43055 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 140248348 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 30481373 | TotalRevenueColumn |
| Exclusion | $30,481,373 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 7653838 | TotalRevenueColumn |
| Exclusion | $7,653,838 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|
| Miscellaneous Income | 812900 | 269397 | 269397 | |
| Miscellaneous Income | 900099 | 117 | $117 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 269514 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 178653073 | TotalRevenueColumn |
| Related Or Exempt Function Income | 139417718 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 1100027 | UnrelatedBusinessRevenue |
| Exclusion | $38,135,328 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4251756 | Total |
| Management And General | 4251756 | ManagementAndGeneral |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 71955767 | Total |
| Program Services | 64754282 | ProgramServices |
| Management And General | 7201485 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8432947 | Total |
| Program Services | 7168005 | ProgramServices |
| Management And General | 1264942 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21539079 | Total |
| Program Services | 18356027 | ProgramServices |
| Management And General | 3183052 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6337885 | Total |
| Program Services | 5387202 | ProgramServices |
| Management And General | 950683 | ManagementAndGeneral |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 211488 | Total |
| Program Services | 88651 | ProgramServices |
| Management And General | 122837 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 373068 | Total |
| Management And General | 373068 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 204740 | Total |
| Management And General | 204740 | ManagementAndGeneral |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees For Services Prof Fundraising | FeesForServicesProfFundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2757515 | Total |
| Program Services | 900228 | ProgramServices |
| Management And General | 1857287 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 407611 | Total |
| Program Services | 156450 | ProgramServices |
| Management And General | 251161 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1226792 | Total |
| Program Services | 998970 | ProgramServices |
| Management And General | 227822 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2214698 | Total |
| Program Services | 1573212 | ProgramServices |
| Management And General | 641486 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4164606 | Total |
| Program Services | 783326 | ProgramServices |
| Management And General | 3381280 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3694049 | Total |
| Program Services | 2925655 | ProgramServices |
| Management And General | 768394 | ManagementAndGeneral |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1361233 | Total |
| Program Services | 355879 | ProgramServices |
| Management And General | 1005354 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39304 | Total |
| Program Services | 39304 | ProgramServices |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4828477 | Total |
| Program Services | 2561163 | ProgramServices |
| Management And General | 2267314 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 656231 | Total |
| Program Services | 197891 | ProgramServices |
| Management And General | 458340 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| Materials Deferred Costs | 6518199 | 6518199 | |
| Subcontractors | 14466803 | 14466803 | |
| Repairs Maintenance | 1133804 | 329936 | 803868 |
| Income Taxes | 2007350 | 2007350 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5136362 | Total |
| Program Services | 1300074 | ProgramServices |
| Management And General | 3836288 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 163919764 | Total |
| Program Services | 130868607 | ProgramServices |
| Management And General | 33051157 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3600 | BOY |
| EOY | 3600 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 187588253 | BOY |
| EOY | 38658095 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26985752 | BOY |
| EOY | 24619920 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 275 | BOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 80441 | BOY |
| EOY | 62291 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 186268 | BOY |
| EOY | 129660 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 795291 | BOY |
| EOY | 841337 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 74221289 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 31730859 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39267949 | BOY |
| EOY | 42490430 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 163129661 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17763717 | BOY |
| EOY | 17928484 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3163893 | BOY |
| EOY | 4077120 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 275835439 | BOY |
| EOY | 291940598 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5977301 | BOY |
| EOY | 5963578 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1000000 | BOY |
| EOY | 875000 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19760000 | BOY |
| EOY | 18930000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5421022 | BOY |
| EOY | 7956783 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32158323 | BOY |
| EOY | 33725361 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 243677116 | BOY |
| EOY | 258215237 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 243677116 | BOY |
| EOY | 258215237 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 275835439 | BOY |
| EOY | 291940598 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 14733309 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -195188 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
| Public Support Total170 | 0 | PublicSupportTotal170 |
| Public Support Pertcentage170 | 0.00000 | PublicSupportPertcentage170 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 73263606 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 73852521 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 70920353 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 81354634 | CurrentTaxYearMinus1Year |
| Current Tax Year | 85403748 | CurrentTaxYear |
| Total | 384794862 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 39631856 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 44676854 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 51005982 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 59506143 | CurrentTaxYearMinus1Year |
| Current Tax Year | 54013438 | CurrentTaxYear |
| Total | 248834273 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 112895462 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 118529375 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 121926335 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 140860777 | CurrentTaxYearMinus1Year |
| Current Tax Year | 139417186 | CurrentTaxYear |
| Total | 633629135 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 633629135 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 14943072 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 25065628 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 34280795 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 72519506 | CurrentTaxYearMinus1Year |
| Current Tax Year | 38135211 | CurrentTaxYear |
| Total | 184944212 | Total |
Post1975 UBTI Post1975UBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 75631 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1024346 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 145208 | CurrentTaxYearMinus2Years |
| Total | 1245185 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 15018703 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 26089974 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 34426003 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 72519506 | CurrentTaxYearMinus1Year |
| Current Tax Year | 38135211 | CurrentTaxYear |
| Total | 186189397 | Total |
Net Income From Other UBI NetIncomeFromOtherUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Income509 OtherIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 14320 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1150 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus1 Year | 567 | CurrentTaxYearMinus1Year |
| Current Tax Year | 117 | CurrentTaxYear |
| Total | 16154 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 127928485 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 144620499 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 156352338 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 213380850 | CurrentTaxYearMinus1Year |
| Current Tax Year | 177552514 | CurrentTaxYear |
| Total | 819834686 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.77290 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.77050 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.22710 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.22820 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
| Facts And Circumstances Test | Part III Line 12 Column a 2007 - Other revenue consists of Miscellaneous Income 14,320. Part III Line 12 Column b 2008 - Other revenue consists of Miscellaneous Income 1,150. Part III Line 12 Column d 2010 - Other revenue consists of Miscellaneous Income 567. Part III Line 12 Column e 2011 - Other revenue consists of Miscellaneous Income 117. | FactsAndCircumstancesTest |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | false | Volunteers |
| Paid Staff Or Management | true | PaidStaffOrManagement |
| Media Advertisements | false | MediaAdvertisements |
| Mailings Members | false | MailingsMembers |
| Publications Or Broadcast | false | PublicationsOrBroadcast |
| Grants Other Organizations | false | GrantsOtherOrganizations |
| Direct Contact Legislators | true | DirectContactLegislators |
| Direct Contact Legislators | $204,740 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | false | RalliesDemonstrations |
| Other Activities | false | OtherActivities |
| Total Lobbying Expenditures IIB | 204740 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | false | NotDescribedIn501c3 |
| Form4720 Filed4912 Tax | false | Form4720Filed4912Tax |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | II-B | Identifier |
| Return Reference | b,g | ReturnReference |
| Explanation | Throughout the year, a few members of SRC, Incs staff may have direct contact with legislators, their staff, or other government officials relating to our primary department of defense systems. The total costs incurred in the current year were 204,740. | Explanation |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Included On FS | false | IncludedOnFS |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 793857 | OtherCostOrOtherBasis |
| Book Value | 793857 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 34515243 | OtherCostOrOtherBasis |
| Depreciation | 5730394 | Depreciation |
| Book Value | 28784849 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3461130 | OtherCostOrOtherBasis |
| Depreciation | 1741789 | Depreciation |
| Book Value | 1719341 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 25641128 | OtherCostOrOtherBasis |
| Depreciation | 18551553 | Depreciation |
| Book Value | 7089575 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 9809931 | OtherCostOrOtherBasis |
| Depreciation | 5707123 | Depreciation |
| Book Value | 4102808 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 42490430 | TotalOfBookValueLandBuildings |
Investments Program Related InvestmentsProgramRelated (2 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| Tax Deferred Section 457 Plan Assets | 660676 | F |
| Investment in For-Profit Subsidiary | 17267808 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Program Related | 17928484 | TotalOfBookValueProgramRelated |
Other Liabilities OtherLiabilities (7 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Employee Benefits Withheld Accrued | $638,722 |
| Tax Deferred Section 457 Plan Liability | $660,676 |
| Billings in Excess of Costs | $965,204 |
| Vacation Accrual | $3,913,816 |
| SFAS 158 - Postretirement Benefit Obligation | $19,204 |
| Income Taxes Payable | $1,759,161 |
| Accrued Severance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 7956783 | TotalOfAmounts |
| Total Revenue | 178653073 | TotalRevenue |
| Total Expenses | 163919764 | TotalExpenses |
| Excess Or Deficit For Year | 14733309 | ExcessOrDeficitForYear |
| Excess Or Deficit Per FS | 14733309 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 178531109 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | -121964 | OtherRevenues |
| Revenue Not Rptd F990 | -121964 | RevenueNotRptdF990 |
| Revenue Subtotal | 178653073 | RevenueSubtotal |
| Total Revenue Per Form990 | 178653073 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 163797800 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 163797800 | ExpensesSubtotal |
| Other Expenses Not Included | 121964 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 121964 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 163919764 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| X | 2 | The provisions of ASC 740, Income Taxes, provide recognition criteria and a related measurement model for tax positions taken by the Company. In accordance with ASC 740, a tax position is a position in a previously filed tax return or a position expected to be taken in a future tax filing that is reflected in measuring current or deferred income tax assets and liabilities. Tax positions are recognized only when it is more likely than not likelihood of greater than 50, based on technical merits, that the position would be sustained upon examination. Tax positions that meet the more-likely-than-not threshold are measured using a probability-weighted approach as the largest amount of tax benefit that is greater than 50 likely of being realized upon settlement. No liability for uncertain tax positions was recorded by the Company at September 30, 2012 and 2011. |
| XII | 2d | Other - Miscellaneous expense item reported as an expense on Form 990 121,964. |
| XIII | 4b | Other - Miscellaneous expense item reported as an expense on Form 990 121,964. |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (6 entries)
| RegionRegion | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|
| East Asia and the Pacific | 6 | Program Services | U.S. Government Contract Support | 61562 |
| Europe | 30 | Program Services | Contract support Conferences | 461800 |
| Middle East and North Africa | 5 | Program Services | U.S. Government Contract Support | 37086 |
| North America | 9 | Program Services | Contract support Conferences | 35423 |
| South America | 1 | Program Services | U.S. Government Contract Support | 6987 |
| South Asia | 18 | Program Services | U.S. Government Contract Support | 599948 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Employees | 69 | SubtotalNumberOfEmployees |
| Total Number Of Employees | 69 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 1202806 | SubtotalAmountSpent |
| Total Amount Spent | 1202806 | TotalAmountSpent |
| Transfer To Foreign Corp | false | TransferToForeignCorp |
| Interest In Foreign Trust | false | InterestInForeignTrust |
| Own Foreign Corp | false | OwnForeignCorp |
| Passive Foreign Invest Co | false | PassiveForeignInvestCo |
| Foreign Partnership | false | ForeignPartnership |
| Boycott Countries | false | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | I | Identifier |
| Return Reference | 3 | ReturnReference |
| Explanation | SRC, Inc. does not maintain any offices in any foreign country. The activities disclosed in Part I, Line 3 represent costs associated with various employee trips to the identified regions. The primary activity conducted on these trips is to provide contract support as required by the U.S. Government and other customers. Additional activities include project planning, business development and attending conferences. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | X | FirstClassOrCharterTravel |
| Travel For Companions | X | TravelForCompanions |
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | true | SeverancePayment |
| Supplemental Nonqual Retire Plan | true | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | true | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | true | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | true | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | true | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (16 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg | Bonus Filing OrgBonusFilingOrg | Other Compensation Filing OrgOtherCompensationFilingOrg | Deferred Comp Filing OrgDeferredCompFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Related OrgsTotalCompensationRelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Chester D Amond | |||||||||||
| 57167 | 57167 | ||||||||||
| Robert F Behler | |||||||||||
| 160592 | 1603949 | 418012 | 957100 | 24500 | 43745 | ||||||
| Paul G Tremont | |||||||||||
| 364863 | 624169 | 185990 | 2322 | 53741 | 17253 | ||||||
| Pauline C Fuller | |||||||||||
| 292364 | 506904 | 149762 | 1170 | 43097 | 20511 | ||||||
| Philip Fazio | |||||||||||
| 268297 | 142196 | 7042 | 40296 | 23582 | 481413 | ||||||
| James F Holland | |||||||||||
| 248470 | 436986 | 130099 | 1715 | 38432 | 18270 | ||||||
| Robert P Lane | |||||||||||
| 239147 | 411824 | 126986 | 2229 | 36952 | 6510 | ||||||
| Anthony J Albanese | |||||||||||
| 243701 | 348243 | 65721 | 1221 | 24500 | 13100 | ||||||
| Thomas A Wilson | |||||||||||
| 244746 | 340724 | 61008 | 2276 | 24500 | 8194 | 4692 | 43 | 4735 | |||
| Joseph T Lauko | |||||||||||
| 224283 | 316157 | 52653 | 732 | 24500 | 13989 | ||||||
| David L Sprague | |||||||||||
| 160999 | 221979 | 26324 | 1477 | 19430 | 13749 | ||||||
| Tamara Rush | |||||||||||
| 194991 | 285287 | 54293 | 387 | 24500 | 11116 | ||||||
| James R Periard | |||||||||||
| 189703 | 281147 | 52889 | 939 | 24500 | 13116 | ||||||
| Kevin Hair | |||||||||||
| 193125 | 266082 | 48218 | 605 | 24134 | |||||||
| Francisco J Merced | |||||||||||
| 182128 | 264319 | 52970 | 168 | 15714 | 13339 | ||||||
| John F LoSecco | |||||||||||
| 196170 | 258736 | 36466 | 1787 | 23440 | 873 | ||||||
Form990 Schedule J Part III Form990ScheduleJPartIII (9 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| I | 1a | The Company may Charter a plane for a trip that requires a group of employees to travel to a specific location. An officer, key employee or one of the five highest paid employees could be part of that group. A Charter will only be booked if it results in lower cost than commercial flights at standard coach fares for all in the group. Officers, key employees and the five highest paid employees may fly first class if and only if a free upgrade is used, no coach or business class accommodations are reasonably available, there is a documented medical need, or the person is traveling on an excessively long foreign trip. |
| I | 1a | The Company may provide Travel for companions for required Company related functions. The cost of such travel is included in the officer, key employee or five highest paid employees compensation. |
| I | 1a | The Company provides certain taxable fringe benefits that are grossed-up for payroll reporting. The full value of these benefits have been included in the officer, key employee or five highest paid employees compensation. |
| I | 4a | On April 28, 2011 Robert F. Behler tendered his resignation as the President and CEO of SRC, Inc. As part of his separation agreement the Company paid Mr. Behler severance in the amount of 943,149. All amounts have been disclosed on Schedule J, Part II. |
| I | 4b | The Company provides a section 457f deferred compensation plan for the Officers. The plan is funded entirely by the Company and contributions are held in investment funds with a local bank. The Company has ownership of the plan assets until the participant has a distributable event. The Company made contributions of 90,017 to the plan in calendar year 2011. |
| I | 5a | The Company provides various incentive compensation plans of which all of the officers, key employees and some of the five highest compensated employees participate in. The incentive compensation plans are a balance score card approach, of which one of the metrics of the calculation is based on revenues. |
| I | 5b | Similar to the Companys various incentive compensation plans, the related OrganizationSRCTec, Inc. provides various incentive compensation plans of which the officer disclosed participated in. The incentive compensation plans are a balance score card approach, of which one of the metrics of the calculation is based on revenues. |
| I | 6a | The Company provides various incentive compensation plans of which all of the officers, key employees and some of the five highest compensated employees participate in. The incentive compensation plans are a balance score card approach, of which one of the metrics of the calculation is based on net earnings. |
| I | 6b | Similar to the Companys various incentive compensation plans, the related OrganizationSRCTec, Inc. provides various incentive compensation plans of which the officer disclosed participated in. The incentive compensation plans are a balance score card approach, of which one of the metrics of the calculation is based on net earnings. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Onondaga County Industrial Development Agency | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 161093714 | IssuerEIN |
| CUSIP Number | 682747GM6 | CUSIPNumber |
| Date Issued | 2005-12-14 | DateIssued |
| Issue Price | 17835000 | IssuePrice |
| Description Of Purpose | Acquire property, construct and equip new facility | DescriptionOfPurpose |
| Defeased | false | Defeased |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Pool Financing | false | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Proceeds | 17835000 | TotalProceeds |
| Issuance Costs From Proceeds | 610220 | IssuanceCostsFromProceeds |
| Capital Expenditures | 17224780 | CapitalExpenditures |
| Current Refunding | false | CurrentRefunding |
| Advance Refunding | false | AdvanceRefunding |
| Final Allocation Made | true | FinalAllocationMade |
| Adequate Books And Recds Maintaind | true | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | false | OwningBondFinancedProperty |
| Any Lease Arrangements | true | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | false | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | false | AnyResearchAgreements |
| Prcntge Prvt Business Use By Others | 0.01040 | PrcntgePrvtBusinessUseByOthers |
| Total Private Business Use | 0.01040 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | true | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | false | Form8038TFiled |
| Variable Rate Issue | true | VariableRateIssue |
| Hedge Identified In Books And Recds | false | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | false | GrossProceedsInvested |
| Exception To Rebate | false | ExceptionToRebate |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Joseph T Lauko | NamePerson |
| Purpose Of Loan | SRC e-buy Program | PurposeOfLoan |
| Loan From Organization | X | LoanFromOrganization |
| Original Principal | $1,101 | OriginalPrincipalAmount |
| Default | false | Default |
| Approved By Board | false | ApprovedByBoard |
| Written Agreement | true | WrittenAgreement |
Form990 Schedule L Part IV Form990ScheduleLPartIV (4 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| Allen J Naples | |||
| Trustee | 586080 | See Part V | false |
| Anthony J Albanese | |||
| Key Employee | 191305 | See Part V | false |
| Pauline C Fuller | |||
| Officer | 28791 | See Part V | false |
| Philip Fazio | |||
| Officer | 50306 | See Part V | false |
Form990 Schedule L Part V Form990ScheduleLPartV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| IV | 1 | Business Transactions Involving Interested Persons Allen Naples, a member of the Board of Trustees, is the Regional President of MT Bank. SRC, Inc. uses MT Bank for their commercial banking needs. All transactions with MT Bank have occurred at arms length and are at fair market value. Mr. Naples recues himself from any Board votes concerning MT Bank related transactions. Total fees paid to MT Bank were 586,080 for the current fiscal year. |
| IV | 2 | Three family members of Anthony J. Albanese, a Key employee of SRC, Inc. serve as employees of the organization and received compensation during the year. Compensation paid to Anthonys son was 85,527 compensation paid to Anthonys son-in-law was 55,677 and compensation paid to Anthonys daughter was 50,101 in the current fiscal year. |
| IV | 3 | A family member of Pauline C. Fuller, an Officer of SRC, Inc. serves as an employee of the organization and received compensation during the year. Compensation paid to Paulines daughter was 28,791 in the current fiscal year. |
| IV | 4 | A family member of Philip Fazio, an Officer of SRC, Inc. serves as an employee of the organization and received compensation during the year. Compensation paid to Philips son was 50,306 in the current fiscal year. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Form 990 Part VI | 2 | Business Relationships between Officers, Directors, Trustees and Key Employees Robert U. Roberts, Chairperson of SRC, Incs Board of Trustees is a member of the Board of Directors of Anaren Inc. Two other members of SRCs Board of Trustees, Patricia Civil and Lawrence Sala are members Anaren, Incs Board of Directors. In addition, Lawrence Sala is the President CEO of Anaren, Inc. |
| Form 990 Part VI | 2 | Business Relationships between Officer, Directors, Trustees and Key Employees Robert U. Roberts, Chairperson of SRC, Incs Board of Trustees is a current compensated member of the Regional Advisory Board at MT Bank. One member of SRC s Board of Trustees, Allen J. Naples is the Regional President of MT Bank. |
| Form 990 Part VI | 11b | Process used to review Form 990 The Form 990 of SRC, Inc. is prepared by the Finance staff and provided to senior management for review prior to filing. The Form 990 is also reviewed by the Audit Committee of SRC, Incs Board of Trustees and a copy is provided to all members of SRC, Incs Board of Trustees prior to filing. All questions and comments by senior management and the Board of Trustees were addressed prior to filing. In addition a training session on the Redesigned Form 990 was conducted by PricewaterhouseCoopers, LLP for the benefit of senior management and the Audit Committee of the Board of Trustees. |
| Form 990 Part VI | 12c | Written Conflict of Interest Policy Conflict of Interest disclosure statements are completed annually by all members of the Board of Trustees, Officers, and Key employees of SRC, Inc. Once the disclosure statements have been collected, the statements are reviewed by members of the legal office. All reported potential conflicts of interest are evaluated and discussed among the parties. Board of Trustee members, Officers, and Key employees are required to disclose a conflict of interest and recues themselves from voting on or otherwise discharging their duties with respect to any matter involving the conflict which comes before the Board or prior to entering into any contract or transaction involving the conflict. |
| Form 990 Part VI | 15b | Process for Determining Compensation The Compensation for all Officers of SRC, Inc. is recommended by the Personnel and Compensation Committee of the Board and approved by the Board of Trustees. The Personnel and Compensation Committee members are all outside Board of Trustee members. Human Resources is responsible for providing to the Personnel and Compensation Committee a reasonable compensation study which is conducted by an unrelated third party on an annual basis. A comparability study is also conducted to aid in determining the Key employees salaries. The Officers of SRC are responsible for reviewing and approving the compensation of the Key Employees of SRC, Inc. |
| Form 990 Part VI | 16b | Joint Venture Policy SRC, Inc. has adopted a written policy requiring the organization to evaluate all potential participation in joint venture arrangements under applicable federal tax law and has procedures in place to safeguard the organizations exempt status with respect to potential arrangements. SRC, Inc. did not invest in, contribute assets to or participate in a joint venture or similar arrangement with any entity during the current year. |
| Form 990 Part VI | 19 | Public Inspection of Form 990 and Governing Documents SRC, Inc. makes its Form 1023 and Form 990 available for public inspection upon request. SRC, Incs governing documents, conflict of interest policy and audited financial statements are not routinely made available to the general public. |
| Form 990 Part XI | 5 | Reconciliation of Net Assets - Other Changes in net assets or fund balances Decrease in Postretirement benefits adjustment 195,188. |
| Form 990 Part VI Section A Line 2 Business Relationships between Officers, Directors, Trustees and Key Employees Robert U. Roberts, Chairperson of SRC, Incs Board of Trustees is a member of the Board of Directors of Anaren Inc. Two other members of SRCs Board of Trustees, Patricia Civil and Lawrence Sala are members Anaren, Incs Board of Directors. In addition, Lawrence Sala is the President CEO of Anaren, Inc. Form 990 Part VI Section A Line 2 Business Relationships between Officer, Directors, Trustees and Key Employees Robert U. Roberts, Chairperson of SRC, Incs Board of Trustees is a current compensated member of the Regional Advisory Board at MT Bank. One member of SRC s Board of Trustees, Allen J. Naples is the Regional President of MT Bank. Form 990 Part VI Section B Line 11b Process used to review Form 990 The Form 990 of SRC, Inc. is prepared by the Finance staff and provided to senior management for review prior to filing. The Form 990 is also reviewed by the Audit Committee of SRC, Incs Board of Trustees and a copy is provided to all members of SRC, Incs Board of Trustees prior to filing. All questions and comments by senior management and the Board of Trustees were addressed prior to filing. In addition a training session on the Redesigned Form 990 was conducted by PricewaterhouseCoopers, LLP for the benefit of senior management and the Audit Committee of the Board of Trustees. Form 990 Part VI Section B Line 12c Written Conflict of Interest Policy Conflict of Interest disclosure statements are completed annually by all members of the Board of Trustees, Officers, and Key employees of SRC, Inc. Once the disclosure statements have been collected, the statements are reviewed by members of the legal office. All reported potential conflicts of interest are evaluated and discussed among the parties. Board of Trustee members, Officers, and Key employees are required to disclose a conflict of interest and recues themselves from voting on or otherwise discharging their duties with respect to any matter involving the conflict which comes before the Board or prior to entering into any contract or transaction involving the conflict. Form 990 Part VI Section B Line 15b Process for Determining Compensation The Compensation for all Officers of SRC, Inc. is recommended by the Personnel and Compensation Committee of the Board and approved by the Board of Trustees. The Personnel and Compensation Committee members are all outside Board of Trustee members. Human Resources is responsible for providing to the Personnel and Compensation Committee a reasonable compensation study which is conducted by an unrelated third party on an annual basis. A comparability study is also conducted to aid in determining the Key employees salaries. The Officers of SRC are responsible for reviewing and approving the compensation of the Key Employees of SRC, Inc. Form 990 Part VI Section B Line 16b Joint Venture Policy SRC, Inc. has adopted a written policy requiring the organization to evaluate all potential participation in joint venture arrangements under applicable federal tax law and has procedures in place to safeguard the organizations exempt status with respect to potential arrangements. SRC, Inc. did not invest in, contribute assets to or participate in a joint venture or similar arrangement with any entity during the current year. Form 990 Part VI Section C Line 19 Public Inspection of Form 990 and Governing Documents SRC, Inc. makes its Form 1023 and Form 990 available for public inspection upon request. SRC, Incs governing documents, conflict of interest policy and audited financial statements are not routinely made available to the general public. Form 990 Part XI Line 5 Reconciliation of Net Assets - Other Changes in net assets or fund balances Decrease in Postretirement benefits adjustment 195,188. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Syracuse Research LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7502 Round Pond Road | AddressLine1 |
| City | North Syracuse | City |
| State | NY | State |
| ZIP Code | 13212 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 300560841 | EIN |
| Primary Activities | Disregarded Enity | PrimaryActivities |
| Legal Domicile State | NY | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SRC Inc | BusinessNameLine1 |
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SRCTec Inc | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5801 East Taft Road | AddressLine1 |
| City | North Syracuse | City |
| State | NY | State |
| ZIP Code | 13212 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 204641594 | EIN |
| Primary Activity | Manufacturing | PrimaryActivity |
| Legal Domicile State | NY | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SRC Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Entity | C Corp | TypeOfEntity |
| Share Of Total Income | 3440328 | ShareOfTotalIncome |
| Share Of EOY Assets | 114351894 | ShareOfEOYAssets |
| Percentage Ownership | 1.00000 | PercentageOwnership |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | true | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | true | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | true | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | true | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | true | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | true | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | true | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | true | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (8 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| SRCTec Inc | ||
| a | 7653838 | Book Value |
| SRCTec Inc | ||
| g | 15722 | Book Value |
| SRCTec Inc | ||
| k | 26513180 | Book Value |
| SRCTec Inc | ||
| l | 2185182 | Book Value |
| SRCTec Inc | ||
| m | Book Value | |
| SRCTec Inc | ||
| o | 22376 | Book Value |
| SRCTec Inc | ||
| p | 4017543 | Book Value |
| SRCTec Inc | ||
| r | 25000000 | Book Value |
Form990 Schedule R Part VII Form990ScheduleRPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | V | Identifier |
| Return Reference | 1m | ReturnReference |
| Explanation | SRCTec, Inc. provides office space for one of the supoort services groups that are all employees of SRC, Inc. There is no charge between Companies for the use of this office space. | Explanation |
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