- Revenue 2024
- $53,548,337
- Expenses 2024
- $50,262,472
As filed
- Subsection
- 06
- NTEE code
- S41
- Classification
- 2000
- Street
- 4819 EMPEROR BLVD STE 300
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Other organizations at this address
1 other organization in the IRS Business Master File lists the same street address. matched by us
This address is a suite or unit (STE 300). Organizations that share one are often clients of the same office-services firm, accountant or registered agent rather than related to each other.
We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.
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SRC MANUFACTURING CONSORTIUM CORPORATION
EIN 88-3911718
Mission and programs · 2024
Mission
SRCCO, AS A CONTROLLED AFFILIATE OF THE SEMICONDUCTOR RESEARCH CORPORATION ("SRC"), FUNDS AND OPERATES PROGRAMS OF UNIVERSITY-BASED RESEARCH CENTERS FOCUSED ON MICROELECTRONIC TECHNOLOGY THAT BENEFITS BOTH PRIVATE INDUSTRY AND U.S. DEFENSE CAPABILITIES.
Activities or mission (Part I)
SEE PART III, LINE 1.
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RESEARCH CONTRACTS GRANTED TO COLLEGES AND UNIVERSITIES THROUGHOUT THE UNITED STATES.
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MANAGEMENT AND GENERAL COSTS TO MANAGE THE ABOVE RESEARCH CONTRACTS.
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JUMP 2.0 IS AN SRC-LED PUBLIC-PRIVATE PARTNERSHIP IN COOPERATION WITH DARPA, CO-SPONSORED BY SRC, DARPA, THE COMMERCIAL SEMICONDUCTOR INDUSTRY, AND THE DEFENSE INDUSTRIAL BASE. JUMP 2.0 WILL DRIVE LONG-TERM PATHFINDING UNIVERSITY RESEARCH THAT SUBSTANTIALLY INCREASES THE PERFORMANCE, EFFICIENCY, AND CAPABILITIES OF BROAD CLASSES OF ELECTRONICS SYSTEMS FOR BOTH COMMERCIAL AND MILITARY APPLICATIONS. THE PROGRAM WILL SPONSOR SEVEN ACADEMIC RESEARCH CENTERS FOCUSED ON CRITICAL TECHNOLOGY THEMES, ONE CENTER FOR EACH THEME. THESE SEVEN THEMES WILL BENEFIT BOTH THE DEFENSE AND INDUSTRIAL SECTORS BY PROVIDING THE DEPARTMENT OF DEFENSE WITH AN UNMATCHED TECHNOLOGICAL EDGE IN ADVANCED RADAR, COMMUNICATIONS, AND WEAPONS SYSTEMS, AND PROVIDE THE U.S. ECONOMY WITH UNIQUE INFORMATION TECHNOLOGY AND PROCESSING CAPABILITIES CRITICAL TO COMMERCIAL COMPETITIVENESS AND FUTURE ECONOMIC GROWTH.
As filed on the 2024 return.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
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Todd YounkinTODD YOUNKIN
PRESIDENT & CEO
- Total calculated
- $766,519
- From this org
- $285,029
- From related orgs
- $375,648
- Other
- $105,842
- Hours/week
- 17 + 23 related
Schedule J breakdown matched by us
- Base
- $135,585 + $178,692 related
- Bonus
- $139,320 + $183,614 related
- Other
- $10,124 + $13,342 related
- Deferred
- $29,552 + $38,948 related
- Nontaxable benefits
- $16,110 + $21,232 related
- Filer's total
- $330,691 + $435,828 related
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David HenshallDAVID HENSHALL
VP OF BUSINESS DEVELOPMENT
- Total calculated
- $334,218
- From this org
- $107,131
- From related orgs
- $154,017
- Other
- $73,070
- Hours/week
- 16 + 24 related
Schedule J breakdown matched by us
- Base
- $85,749 + $123,277 related
- Bonus
- $18,828 + $27,068 related
- Other
- $2,554 + $3,672 related
- Deferred
- $28,103 + $40,403 related
- Nontaxable benefits
- $1,872 + $2,692 related
- Filer's total
- $137,106 + $197,112 related
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Karen Di SpignaKAREN DI SPIGNA
CHIEF ACCOUNTING OFFICER
- Total calculated
- $279,066
- From this org
- $89,691
- From related orgs
- $101,047
- Other
- $88,328
- Hours/week
- 19 + 21 related
Schedule J breakdown matched by us
- Base
- $77,893 + $87,755 related
- Bonus
- $11,578 + $13,044 related
- Other
- $220 + $248 related
- Deferred
- $25,477 + $28,702 related
- Nontaxable benefits
- $16,058 + $18,091 related
- Filer's total
- $131,226 + $147,840 related
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Adam KnappADAM KNAPP
PROGRAM MANAGER
- Total calculated
- $190,472
- From this org
- $111,941
- From related orgs
- $44,039
- Other
- $34,492
- Hours/week
- 29 + 11 related
Schedule J breakdown matched by us
- Base
- $87,313 + $34,350 related
- Bonus
- $13,450 + $5,291 related
- Other
- $11,178 + $4,398 related
- Deferred
- $17,332 + $6,819 related
- Nontaxable benefits
- $7,421 + $2,920 related
- Filer's total
- $136,694 + $53,778 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $53,548,337
- Expenses
- $50,262,472
- Contributions
- $52,930,948
- Grants paid
- $47,057,336
-
2023
- Revenue
- $44,484,022
- Expenses
- $61,911,717
- Contributions
- $44,080,125
- Grants paid
- $59,574,671
-
2022
- Revenue
- $45,012,595
- Expenses
- $39,505,984
- Contributions
- $44,879,897
- Grants paid
- $36,998,734
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $49,465,239
- Expenses
- $48,931,880
- Assets (EOY)
- $42,497,453
-
2020 · 990
- Revenue
- $48,050,657
- Expenses
- $51,521,998
- Assets (EOY)
- $36,492,507
-
2019 · 990
- Revenue
- $53,740,662
- Expenses
- $48,880,546
- Assets (EOY)
- $36,238,783
-
2018 · 990
- Revenue
- $40,972,236
- Expenses
- $35,122,423
- Assets (EOY)
- $34,246,347
-
2017 · 990
- Revenue
- $38,798,140
- Expenses
- $35,494,705
- Assets (EOY)
- $21,217,221
-
2016 · 990
- Revenue
- $39,033,527
- Expenses
- $37,330,831
- Assets (EOY)
- $24,266,358
-
2015 · 990
- Revenue
- $38,963,993
- Expenses
- $39,372,114
- Assets (EOY)
- $22,588,743
-
2014 · 990
- Revenue
- $39,940,823
- Expenses
- $39,486,911
- Assets (EOY)
- $22,659,619
-
2013 · 990
- Revenue
- $33,274,387
- Expenses
- $40,823,117
- Assets (EOY)
- $27,796,053
-
2012 · 990
- Revenue
- not reported
- Expenses
- $24,396,566
- Assets (EOY)
- $18,150,075
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
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GEORGIA TECH RESEARCH CORPORATION
$11,944,484
2023 UNIVERSITY RESEARCH IN THE SEMICONDUCTOR/TECHNOLOGY INDUSTRY
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Georgia Tech Research Corporation
$11,915,919
2024 University Research
-
The Regents of the Univ of CA San Diego
$7,600,000
2024 University Research
-
2023 UNIVERSITY RESEARCH IN THE SEMICONDUCTOR/TECHNOLOGY INDUSTRY
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THE TRUSTEES OF THE COLUMBIA UNIV IN NYC
$6,997,558
2023 UNIVERSITY RESEARCH IN THE SEMICONDUCTOR/TECHNOLOGY INDUSTRY
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The Trustees of the Columbia Univ in NYC
$6,980,176
2024 University Research
-
$6,958,303
2022 university research in the semiconductor/technology industry
-
$6,895,103
2023 UNIVERSITY RESEARCH IN THE SEMICONDUCTOR/TECHNOLOGY INDUSTRY
-
$6,797,785
2024 University Research
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The Pennsylvania State University
$6,700,000
2024 University Research
The 10 largest by cash amount. The API serves every itemized grant.
Grants received
No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2024 return
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SRC MANUFACTURING CONSORTIUM CORPORATION
501(c)(6) · RESEARCH MGMT · NC
Taxable family
From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.
Related corporations and trusts on its 2024 return
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SEMICONDUCTOR RESEARCH CORP
C Corporation · RESEARCH MGMT · NC · 100% owned
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Not present in the most recent drop.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 29 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.