Overview
What is Srcco?
Srcco, a controlled affiliate of the Semiconductor Research Corporation (SRC), is a nonprofit organization based in Durham, North Carolina, specifically located at 4819 Emperor Boulevard Suite 300. They fund and manage university-based research programs focused on microelectronic technology, benefiting both private industry and U.S. defense capabilities. Srcco's mission involves channeling funds into research centers across the United States, supporting projects that advance the field of microelectronics.
Official website here: www.src.org/about/nst
Is Srcco legitimate?
Srcco is a legitimate nonprofit organization registered as a 501(c)(6) entity. Srcco submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $492,874
Professional Fundraising Fees: $0
Other Salaries and Wages: $634,642
For more financial information, click here
Official website here: www.src.org/about/nst
What is the mission statement of Srcco?
Srcco, an affiliate of the Semiconductor Research Corporation, supports and manages university-based research programs focused on microelectronic technology. The organization's mission is to facilitate research that benefits both private industry and U.S. defense capabilities. Research grants are provided to colleges and universities across the United States to fund their projects. By funding these research centers, Srcco contributes to the advancement of microelectronic technology, contributing to the industry's growth and the U.S. defense sector's technological edge.
Official website here: www.src.org/about/nst
Who is the CEO of Srcco?
Todd Younkin is the President & Ceo of Srcco. The CEO's salary of Srcco is $156,609 and their total compensation is $604,954.
Official website here: www.src.org/about/nst
What is the revenue of Srcco?
Who are the executives of Srcco and what are their salaries?
- Todd Younkin (President & Ceo) [Trustee/Director]
- David Henshall (Vp Of Business Development) [Trustee/Director]
- Karen Di Spigna (Chief Accounting Officer) [Trustee/Director]
- Timothy Green (Program Director)
Official website here: www.src.org/about/nst
Where can I find the form 990 for Srcco?
The Srcco’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.src.org/about/nst
Learn more at the official website: www.src.org/about/nst
Mission Statement of Srcco
Srcco, a controlled affiliate of the Semiconductor Research Corporation (SRC), plays a vital role in funding and managing university-based research centers focused on microelectronic technology. This mission benefits both private industry and U.S. defense capabilities. Srcco grants research contracts to colleges and universities across the United States.
In essence, Srcco acts as a bridge between academia and industry, channeling resources towards groundbreaking research in the field of microelectronics. By funding these centers, Srcco contributes to the advancement of technology that holds significant importance for both commercial applications and national defense.
Srcco's initiatives have a dual impact. On one hand, they fuel the development of innovative technologies that can be commercialized and adopted by private industries. On the other hand, these advancements can be harnessed to enhance U.S. defense capabilities, ensuring the nation's technological edge in a competitive global landscape. As a result, Srcco's mission is instrumental in driving progress in the microelectronics sector, with far-reaching implications for various industries and national security.
Impact
This information is meant to be a general summary of Srcco. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Srcco's impact lies in funding and operating university-based research centers that focus on microelectronic technology. By granting research contracts to colleges and universities throughout the United States, Srcco contributes to technological advancements and innovation in the field. This not only benefits private industry but also enhances U.S. defense capabilities. Through its programs, Srcco plays a crucial role in driving research and development in microelectronics, ultimately leading to advancements that have a wide-reaching impact on society.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
1997
Phone
(919) 941-9400
Principal Officer
Todd Younkin
Main Address
4819 EMPEROR BOULEVARD SUITE 300, DURHAM, NC, 27703
Website
www.src.org/about/nst
NTEE Category
Code: S41 - Community improvement
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