Compensation 990

Underwriters Laboratories Inc.

Fiscal year ending 2023. Filed on November 13, 2024.

1603 Orrington Ave Suite Unit 17
Evanston, Illinois 60201

Underwriters Laboratories Inc. (EIN: 36-1892375) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, Underwriters Laboratories Inc., a 501(c)(3) charitable organization, reported compensation for 43 out of 218 total employees. Among the employees shown here, the average compensation is $1,297,600. The highest compensated employee at Underwriters Laboratories Inc. is K Williams with fiscal year 2023 compensation of $20,923,103.

Revenue, expenses, and employee compensation

Revenue

$15,352,626

Expenses

$91,654,071

Employee compensation

$37,914,263
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

K Williams
Former Pres/Ceo - UL Solutions
$20,923,103
$0 from org$20,923,103 from relatedNo other comp
W Zhou
Evp/Pres (Tic) - UL Solutions
$4,584,769
$0 from org$4,515,607 from related$69,162 other
T Brady
President and CEO (Until 11/23)
$3,962,481
$1,876,493 from org$2,024,134 from related$61,854 other
M Saltzman
Former Senior Vice President - UL Solutions
$2,541,863
$0 from org$2,541,863 from relatedNo other comp
C Correia
Former Vice President - UL Solutions
$2,504,231
$0 from org$2,504,231 from relatedNo other comp
R Robinson
Executive Vice President and CFO - UL Solutions
$2,168,173
$0 from org$2,099,311 from related$68,862 other
A Groom
FMR Senior Vice President Chief Hro-Ul Solutions
$2,016,832
$0 from org$2,016,832 from relatedNo other comp
J Fischer
Former Executive Vice President - UL Solutions
$1,608,917
$0 from org$1,608,917 from relatedNo other comp
J McLaughlin
Executive Vice President and CLO UL Solutions
$1,054,845
$0 from org$1,015,845 from related$39,000 other
S Webster
Vice President - UL Solutions
$962,890
$0 from org$914,600 from related$48,290 other
T Rivelli
Senior Vice President and CLO, Corporate Secretary
$924,597
$0 from org$870,243 from related$54,354 other
R Blaustein
Senior Vice President and Chief Financial Officer
$789,675
$0 from org$729,141 from related$60,534 other

Non-Employee Board Members

No board members were reported during this fiscal year.

Contractors

Wentworth Contracting LLC
Construction
$2,587,008
Grant Thornton LLP
Advisory
$793,978
Jones Day
Legal
$688,809
Axiom Consulting Partners
Consulting
$636,774
Engaged Media LLC
Marketing
$505,400

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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