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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 Public & Societal Benefit Underwriters Laboratories Inc.

Underwriters Laboratories Inc.

Fiscal year ending 2021. Filed on November 15, 2022.

333 Pfingsten Road
No 380
Northbrook, Illinois 60062

Underwriters Laboratories Inc. (EIN: 36-1892375), also known as Ul Research Institutes, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2021 IRS Form 990 filing, Underwriters Laboratories Inc., a 501(c)(3) charitable organization, reported compensation for 41 out of 118 total employees. Among the employees shown here, the average compensation is $1,568,929. The highest compensated employee at Underwriters Laboratories Inc. is K Williams with fiscal year 2021 compensation of $20,930,674.

Revenue, expenses, and employee compensation

Revenue

$1,224,941,752

Expenses

$7,689,230,678

Employee compensation

$23,807,855
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

K Williams
Former Chief Executive Officer
$20,930,674
$0 $2,515,600 $18,415,074
W Zhou
Executive Vice President
$5,408,942
$0 $1,421,968 $3,986,974
S Jesudas
Executive Vice President and CCO
$5,358,317
$0 $1,261,508 $4,096,809
T Brady
President and Chief Executive Officer and Trustee
$4,213,887
$1,473,035 No related comp$2,740,852
R Robinson
Executive Vice President and Chief Financial Officer
$3,783,288
$0 $1,519,367 $2,263,921
G Schjotz
Executive Vice President
$2,718,361
$0 $247,601 $2,470,760
C Correia
Senior Vice President
$2,604,582
$0 $575,171 $2,029,411
Msaltzman
Chief Financial Officer
$2,528,114
$0 $538,854 $1,989,260
A Groom
Senior Vice President (Former)
$2,006,697
$0 $304,724 $1,701,973
J Fischer
Executive Vice President
$1,730,476
$0 $369,263 $1,361,213
B Monks
Vice President
$1,285,808
$432,375 $210,211 $643,222
J McLaughlin
Executive Vice President and CLO
$1,260,602
$0 $1,059,316 $201,286

Benchmark Employee Compensation

Non-Employee Board Members

No board members were reported during this fiscal year.

Contractors

Siegel and Gale LLC
Marketing
$1,800,409
Dragonspears
Program
$1,531,648
Telesto Strategy LLC
Consulting
$1,342,500
Tatum
Management
$1,093,599
Lazard Freres CO LLC
Financial Advisory
$1,000,000

Mission Statement

SEE SCHEDULE O

Revisions to this organization profile

November 14, 2025:
2024 Underwriters Laboratories Inc. 990 filed
November 13, 2024:
2023 Underwriters Laboratories Inc. 990 filed
November 14, 2023:
2022 Underwriters Laboratories Inc. 990 filed

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