Srcco

Fiscal year ending 2021. Filed on October 31, 2022.

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 2021 IRS Form 990 filing, Srcco, a 501(c)(6) business league, reported compensation for 5 employees. Among the employees shown here, the average compensation is $281,928. The highest compensated employee at Srcco is Todd Younkin with fiscal year 2021 compensation of $444,561.

Revenue, expenses, and employee compensation

Revenue

$49,465,239

Expenses

$48,931,880

Employee compensation

$1,478,133

Reported Compensated Employees

Todd Younkin

President and Chief Executive Officer

$444,561

$105,935 from org$264,364 from related$74,262 other

Karen di Spigna

Chief Accounting Officer

$265,074

$64,888 from org$115,679 from related$84,507 other

David Henshall

Vice President, Business Development

$263,113

$55,288 from org$153,015 from related$54,810 other

Timothy Green

Program Director

$256,894

$95,170 from org$95,170 from related$66,554 other

An Chen

Program Director

$180,000

$153,355 from org$26,645 from relatedNo other comp

Non-Employee Board Members

No board members were reported during this fiscal year.

Contractors

Ibm

Loaned Employee

$180,000

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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