Srcco

Fiscal year ending 2020. Filed on November 11, 2021.

4819 Emperor Boulevard Suite 300
Durham, North Carolina 27703

Srcco (EIN: 56-2038762), also known as Marco, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, Srcco, a 501(c)(6) business league, reported compensation for 4 employees. Among the employees shown here, the average compensation is $406,708. The highest compensated employee at Srcco is Mr Kenneth Hansen with fiscal year 2020 compensation of $947,365.

Revenue, expenses, and employee compensation

Revenue

$48,050,657

Expenses

$51,521,998

Employee compensation

$1,996,390

Reported Compensated Employees

Mr Kenneth Hansen

President and Chief Executive Officer

$947,365

$352,667 from org$535,662 from related$59,036 other

Karen di Spigna

Chief Accounting Officer

$260,257

$79,525 from org$99,586 from related$81,146 other

Todd Younkin

President and Chief Executive Officer

$239,208

$197,609 from org$22,225 from related$19,374 other

An Chen

Program Director

$180,000

$155,513 from org$24,487 from relatedNo other comp

Non-Employee Board Members

No board members were reported during this fiscal year.

Contractors

Mission Statement

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.

Revisions to this organization profile

July 23, 2025:

2024 Srcco 990 filed

July 10, 2024:

2023 Srcco 990 filed

October 6, 2023:

2022 Srcco 990 filed

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