Srcco

Fiscal year ending 2024. Filed on July 23, 2025.

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 2024 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 $392,569. The highest compensated employee at Srcco is Todd Younkin with fiscal year 2024 compensation of $766,519.

Revenue, expenses, and employee compensation

Revenue

$53,548,337

Expenses

$50,262,472

Employee compensation

$1,885,023

Reported Compensated Employees

Todd Younkin

President and Chief Executive Officer

$766,519

$285,029 from org$375,648 from related$105,842 other

David Henshall

Vice President, Business Development

$334,218

$107,131 from org$154,017 from related$73,070 other

Karen di Spigna

Chief Accounting Officer

$279,066

$89,691 from org$101,047 from related$88,328 other

Adam Knapp

Program Manager

$190,472

$111,941 from org$44,039 from related$34,492 other

Non-Employee Board Members

No board members were reported during this fiscal year.

Contractors

Stanek Lemon Crouse & Meeks PA

Intellectual Property Attorney

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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