2023-10-06T13:58:57-05:00 2022-12-31 BDO USA 421 Fayetteville Street Suite 300 Raleigh NC 27601 990 2022-01-01 562038762 SRCCO % KAREN DI SPIGNA SRCC 9199419400 4819 EMPEROR BOULEVARD SUITE 300 DURHAM NC 27703 TODD YOUNKIN PRESIDENT & CEO 9199149400 2023-10-04 true TODD YOUNKIN 999009999 Sandra L Feinsmith P01064157 9192781936 2023-10-04 2 2022 2023-04-26 12:10:37Z MARCO TODD YOUNKIN 4819 EMPEROR BOULEVARD SUITE 300 DURHAM NC 27703 45012595 false X https://src.org/about/nst X 1997 DE SEE PART III, LINE 1 3 0 0 0 0 0 49453879 44879897 0 0 6180 132698 5180 0 49465239 45012595 46460068 36998734 0 0 1478133 1507440 0 0 0 993679 999810 48931880 39505984 533359 5506611 42497453 42830224 26740365 21566525 15757088 21263699 X 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. false false RESEARCH CONTRACTS GRANTED TO COLLEGES AND UNIVERSITIES THROUGHOUT THE UNITED STATES. MANAGEMENT AND GENERAL COSTS TO MANAGE THE ABOVE RESEARCH CONTRACTS. 0 0 0 THE MISSION OF JUMP IS TO LOOK BEYOND TODAY'S TECHNOLOGY HORIZON AND LAY THE SCIENTIFIC GROUNDWORK THAT EXTENDS THE VIABILITY OF MOORE'S LAW ECONOMICS THROUGH 2040. THIS PROGRAM MUST CREATE NEW GENERAL PURPOSE ARCHITECTURES AND SYSTEM DESIGNS THAT RELAX DEVICE CONSTRAINTS AND PROVIDE OPPORTUNITIES FOR NEW DEVICE TYPES AND NOVEL, HETEROGENEOUS INTEGRATION SOLUTIONS. IT MUST INVENT NEW DEVICES AND DESIGNS THAT ARE CAPABLE OF THE PERFORMANCE ACHIEVABLE TODAY AT A POWER CONSUMPTION THAT IS 1-3 ORDERS OF MAGNITUDE LOWER. FINALLY, IT MUST TRAIN TOMORROW'S WORKFORCE TO DELIVER SMART, AUTONOMOUS, SAFE, CONNECTED, EFFICIENT, AND AFFORDABLE ELECTRONICS THAT MEET OUR SENSING, ACTUATION, COMMUNICATION, COMPUTING, AND STORAGE NEEDS FOR 2025 AND BEYOND. IN ADDITION TO PROVIDING ENABLING TECHNOLOGIES, THE RESEARCH SCOPE FOR EACH CENTER REPRESENTS A CRITICAL COMPONENT IN THE DEVELOPMENT OF SYSTEMS FOR BOTH THE SEMICONDUCTOR AND DEFENSE INDUSTRIES AND THE DEPARTMENT OF DEFENSE. 0 false true false true false false false false false false false false false true true false true false false false false false false false false false true false true false false false false false false false false false false false true false false true 1 0 true 0 false false false false false false false false X 3 0 false false false false true true true true true false false true true false false true false false false false X KAREN DI SPIGNA 9199419457 4819 EMPEROR BLVD STE 300 DURHAM NC 27703 Todd Younkin President & CEO 12.0 28.0 X X 156609 353527 94818 David Henshall VP of Business Development 11.0 29.0 X 65450 164601 71242 Karen Di Spigna Chief Accounting Officer 16.0 24.0 X 72819 112591 83560 Timothy Green Program Director 18.0 22.0 X 83141 98688 71425 378019 729407 321045 1 false true false 0 28115000 16764897 0 44879897 0 132698 0 0 132698 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 45012595 0 0 132698 36998734 0 0 0 492874 0 634642 206489 105299 68136 0 397480 30886 0 0 0 176839 490 2912 44403 0 47053 56742 0 175882 0 0 12408 15555 MISCELLANEOUS EXPENSES 39160 39505984 0 0 41753379 39128826 0 2097640 664066 1143750 0 0 0 0 0 0 0 0 80008 460008 0 0 0 0 0 0 0 0 0 0 0 0 42497453 42830224 83641 149736 21816605 17202236 2000000 1500000 0 0 0 0 0 0 0 0 0 0 2840119 2714553 26740365 21566525 X 15757088 21263699 0 0 15757088 21263699 42497453 42830224 5506611 X X false true X true true true RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true true false 0 DUE TO AFFILIATES 2714553 2714553 X PART X, LINE 2: SRCCO HAD NO UNRECOGNIZED TAX BENEFITS OR LIABILITIES AT DECEMBER 31, 2022. FIN 48 (ASC 740-10) FINANCIAL STATEMENT FOOTNOTE FROM SEMICONDUCTOR RESEARCH CORPORATION (SRC), OF WHICH SRCCO IS A CONTROLLED AFFILIATE, IS AS FOLLOWS: NO UNRECOGNIZED TAX BENEFITS EXISTED AS OF DECEMBER 31, 2022 AND 2021. SRC DID NOT HAVE ANY ADDITIONS TO ITS UNRECOGNIZED TAX BENEFIT RESULTING FROM UNCERTAIN TAX POSITIONS RELATED TO EITHER THE CURRENT OR PRIOR YEARS, AND HAD NO REDUCTIONS RESULTING DUE TO SETTLEMENTS. THE CORPORATION DOES NOT EXPECT ANY CHANGE IN UNRECOGNIZED TAX BENEFITS WITHIN THE NEXT FISCAL YEAR. true University of Notre Dame 940 Grace Hall Notre Dame IN 46556 350868188 501(c)(3) 6958303 university research in the semiconductor/technology industry The Regents of the University of California- Santa Off of Res 3227 Santa Barbara CA 93106 956006145 501(c)(3) 6244414 university research in the semiconductor/technology industry Purdue University 155 S Grant St West Lafayette IN 49707 356002041 501(c)(3) 5885644 university research in the semiconductor/technology industry Carnegie Mellon University Off of Spons Programs Pittsburgh PA 15213 250969449 501(c)(3) 5023128 university research in the semiconductor/technology industry The Rectors and Visitors of the Univ of VA 1001 N Emmet St Charlottesville VA 22904 546001796 501(c)(3) 4616750 university research in the semiconductor/technology industry The Regents of the University of Michigan 5000 Wolverine Ann Arbor MI 48109 386006309 501(c)(3) 4326040 university research in the semiconductor/technology industry Stanford University PO Box 44253 San Francisco CA 941444253 941156365 501(c)(3) 1941535 university research in the semiconductor/technology industry University of Minnesota 200 Oak Street SE Minneapolis MN 55455 416007513 501(c)(3) 1912920 university research in the semiconductor/technology industry Georgia Tech Foundation 760 Spring Street NW Atlanta GA 30308 586043294 501(c)(3) 35000 university research in the semiconductor/technology industry The Regents of the University of California- Berke 1608 Fourth Street Berkeley CA 94710 946002123 501(c)(3) 35000 university research in the semiconductor/technology industry The University of Texas at Austin 3925 West Braker Lane Austin TX 78759 746000203 501(c)(3) 20000 university research in the semiconductor/technology industry 11 0 PART I, LINE 2: A QUARTERLY UPDATE OR SEMI ANNUAL UPDATES ARE PROVIDED BY EACH ORGANIZATION. THESE REPORTS PROVIDE TECHNICAL UPDATES ON THE RESEARCH AS WELL AS FINANCIAL UPDATES ON SPENDING. THESE REPORTS ARE REVIEWED BY SRCCO AND THEN ARE SUBMITTED TO DARPA OR NIST, THE GOVERNMENT ENTITIES PROVIDING THE GRANTS. ANNUALLY, SRCCO OBTAINED THE OMB CIRCULAR A-133 REPORTS OF EACH ORGANIZATION AND REVIEWS THE RESULTS OF THEIR AUDITS. false false false Todd Younkin President & CEO 91247 205979 59182 133598 6180 13950 18420 41580 10689 24129 185718 419236 5986 13514 Karen Di Spigna Chief Accounting Officer 61258 94716 7172 11089 4389 6786 20111 31095 12707 19647 105637 163333 4389 6501 David Henshall VP of Business Development 55857 140477 7489 18833 2104 5291 18995 47772 1273 3202 85718 215575 1829 4600 Timothy Green Program Director 65488 77733 8778 10420 8875 10535 18366 21799 14294 16966 115801 137453 7746 9195 PART I, LINE 3: SRCCO RELIES ON ITS PARENT, SEMICONDUCTOR RESEARCH CORPORATION, TO DETERMINE COMPENSATION FOR SRCCO'S DIRECTORS AND OFFICERS. SEMICONDUCTOR RESEARCH CORPORATION USED COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION A, LINES 6, 7A & 7B: SEMICONDUCTOR RESEARCH CORPORATION (SRC) IS THE SOLE MEMBER OF THE ORGANIZATION. SRC ELECTS THE ORGANIZATION'S GOVERNING BODY. AS REQUIRED BY CALIFORNIA LAW, SRC WOULD ALSO NEED TO APPROVE CERTAIN MAJOR TRANSACTIONS, SUCH AS DISSOLUTION OR INCURRENCE OF DEBT. FORM 990, PART VI, SECTION B, LINE 11B: THE FORM 990 IS PREPARED BY BDO USA, BASED ON INFORMATION PROVIDED BY THE ORGANIZATION'S STAFF. PRIOR TO FILING, THE FORM 990 IS REVIEWED BY THE CHIEF ACCOUNTING OFFICER AND IS PROVIDED THROUGH E-MAIL TO THE VOTING MEMBERS OF THE GOVERNING BODY FOR THEIR REVIEW. ONCE THE FORM 990 IS APPROVED BY THE GOVERNING BODY, BDO SIGNS AS PREPARER, AND THE CHAIRMAN SIGNS ON BEHALF OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINES 15A & 15B: SRCCO RELIES ON ITS PARENT, SEMICONDUCTOR RESEARCH CORPORATION, TO DETERMINE COMPENSATION FOR SRCCO'S DIRECTORS AND OFFICERS. SEMICONDUCTOR RESEARCH CORPORATION USED A COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION MAKES ITS CONSOLIDATED FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND THE CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION IS INCLUDED IN THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS OF ITS PARENT, SEMICONDUCTOR RESEARCH CORPORATION (SRC). THE SRC BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE CONSOLIDATED FINANCIAL STATEMENT AUDIT AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. SRC EDUCATION ALLIANCE 4819 EMPEROR BLVD SUITE 300 DURHAM NC 27703 581807204 Supp Students NC 501(C)(3) PF NA false SRC MANUFACTURING CONSORTIUM CORPORATION 4819 EMPEROR BLVD SUITE 300 DURHAM NC 27703 883911718 SUPP STUDENTS NC 501(C)(6) SRC false SEMICONDUCTOR RESEARCH CORP 4819 EMPEROR BOULEVARD SUITE 300 DURHAM NC 27703 581483645 RESEARCH CONS CA NA C CORP 0 0 false false false false false false false false false false false false false false true true true false false false SEMICONDUCTOR RESEARCH CORPORATION O 1507439 ALLOCATION BASE SEMICONDUCTOR RESEARCH CORPORATION P 299870 ALLOCATION BASE