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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building Srcco

Srcco

Fiscal year ending 2022. Filed on October 6, 2023.

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 2022 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 $357,118. The highest compensated employee at Srcco is Todd Younkin with fiscal year 2022 compensation of $604,954.

Revenue, expenses, and employee compensation

Revenue

$45,012,595

Expenses

$39,505,984

Employee compensation

$1,507,440
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Todd Younkin
President and Chief Executive Officer
$604,954
$156,609 $353,527 $94,818
David Henshall
Vice President, Business Development
$301,293
$65,450 $164,601 $71,242
Karen di Spigna
Chief Accounting Officer
$268,970
$72,819 $112,591 $83,560
Timothy Green
Program Director
$253,254
$83,141 $98,688 $71,425

Benchmark Employee Compensation

Non-Employee Board Members

No board members were reported during this fiscal year.

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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