2024-08-13T16:42:47-05:00 2023-09-29 346565596 ERNST & YOUNG US LLP 425 HOUSTON STREET STE 600 FORT WORTH TX 76102 990 2022-10-01 741070544 Southwest Research Institute SOUT 2105222077 6220 Culebra Road San Antonio TX 782385166 Beth Ann Rafferty CFO & Vice President, Finance 2105222077 2024-08-13 0 1 Melva Scott P01207335 8173351900 2022 2024-08-08 14:25:15Z Beth Ann Rafferty 6220 Culebra Road San Antonio TX 782385166 856268773 0 X www.swri.org X 1966 TX Benefiting government, industry & the public through innovative science & technology. 15 12 3269 0 59360172 2115684 414259 244879 797848446 844279718 2256559 10536036 404821 575113 800924085 855635746 559449 538107 0 0 384192159 412403196 0 0 0 377806814 398855506 762558422 811796809 38365663 43838937 937978813 1020250704 229746522 255543678 708232291 764707026 X Southwest Reseach Institute(SwRI) exists to benefit government, industry & the public by conducting innovative applied & basic research; developing/transferring technology; establishing, maintaining & operating research facilities; & providing a challenging and rewarding work environment to fulfill its scientific, charitable, testing for public safety, literary and educational purposes. 0 0 683494855 538107 844351797 Southwest Research Institute exists to benefit government, industry and the public by conducting innovative applied and basic research developing/transferring technology; establishing, maintaining and operating research facilities; and providing a challenging and rewarding work environment to fulfill its scientific, charitable, testing for public safety, literary and educational purposes. During fiscal year 2023, research yielded 517 papers published, 577 technical presentations, 15 technical podcasts, 41 webinars, and 25 streaming technical media presentations, as well as 42 U.S. patent awards, 34 U.S. patent applications filed, and 36 invention disclosures submitted. Areas of research and development included chemistry and chemical engineering, fire safety technology, automotive engineering, powertrain engineering, emissions, space systems, planetary science, fuels and lubricants, intelligent systems, applied power, applied physics, space science, defense and intelligence solutions, material science, structural mechanical engineering, and solar system science and exploration. The 2023 Annual Report is available at https://www.swri.org/newsroom/annual-report/2023. Additional information regarding federal government technical programs is available by searching for Southwest Research Institute's single audit at http://harvester.census.gov/facdissem/. As a nonprofit research and development organization, SwRI invests in innovation, using our robust internal research and development (IR&D) program to expand and enhance our expertise and encourage our staff's professional growth. In 2023, SwRI initiated 103 IR&D new projects, investing more than $9.3 million in internal research, including quick-look and focused research programs. IR&D fulfills the Institute's objective of conducting innovative activities for the benefit of industry, the government and humankind. Through internal research, we increase our technical capabilities, expand our reputation as a leader in science and technology, and invest in technology our clients may need in the future. The program also allows engineers and scientists to grow in their technical fields by providing freedom to explore innovative and unproven concepts. Internal Research Projects for 2023 are described at https://www.swri.org/newsroom/annual-report/2023/ird-2023. 683494855 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 1 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 0 0 1 1 1 0 1 0 1 675 0 1 3269 1 1 1 1 CH 0 0 0 0 0 0 0 0 1 0 X 15 12 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OK CA NH OR X Beth Ann Rafferty 2106845111 6220 Culebra Road San Antonio TX 782385166 Adam Hamilton President and CEO 40.00 0.10 X X 1648848 0 52903 Walter D Downing Jr Exec. Vice Pres. and COO 40.00 0.10 X X 988403 0 54707 J Dan Bates-See Sch J Part III Director/Former Pres- Ret. 3.00 0.10 X 341231 0 0 Milton B Lee II Director 3.00 0.10 X 43250 0 0 John C Korbell Director 3.00 0.10 X 39750 0 0 Phillip J Pfeiffer Director 2.00 0.10 X 35500 0 0 Ricardo Romo Director 2.00 0.10 X 31500 0 0 Wayne S Alexander Director 3.00 0.10 X 36000 0 0 Jan Newton Vice Chairman 3.00 0.10 X 40750 0 0 Eugene L Ames Director 2.00 0.10 X 33000 0 0 Phillip D Green Director 2.00 0.10 X 37000 0 0 Sam G Dawson Chairman 3.00 0.10 X 59500 0 0 Mary Ann Rankin Director 2.00 0.10 X 31500 0 0 Kimberly S Lubel Director 2.00 0.10 X 34500 0 0 David S Zachry Director 2.00 0.10 X 0 0 0 James L Burch Vice President 40.00 0.00 X 730139 0 53746 Beth Ann Rafferty CFO and Secretary 40.00 0.00 X 574117 0 51294 Steven D Marty Vice President 40.00 0.00 X 477775 0 54253 Daniel W Stewart Vice President 40.00 0.00 X 452526 0 60350 C Nils Smith Vice President 40.00 0.00 X 508116 0 60422 Robin Canup Assistant Vice President 40.00 0.00 X 481210 0 59833 Steven W Dellenback Vice President 40.00 0.00 X 459293 0 55554 Paul Easley Vice President 40.00 0.00 X 350515 0 51271 Monica R Trollinger General Counsel 40.00 0.00 X 419911 0 62501 Linda Boehme Treasurer 40.00 0.00 X 290497 0 50168 Anthony Magaro Vice President 40.00 0.00 X 368098 0 55371 Jim R Keys Vice President 40.00 0.00 X 306637 0 42374 Ben H Thacker Vice President 40.00 0.00 X 304719 0 53237 Delia Aguilar Treasurer 40.00 0.00 X 266074 0 37168 Byrl B Brockman Assistant Treasurer 40.00 0.00 X 213293 0 54731 Joe A McDonough Vice President 40.00 0.00 X 231237 0 54722 Michael K McLelland Vice President 40.00 0.00 X 399663 0 53151 Sol A Stern Associate Vice President 40.00 0.00 X 555071 0 54903 Scott J Bolton Associate Vice President 40.00 0.00 X 492643 0 64668 Stephan A Fuselier Executive Director 40.00 0.00 X 441549 0 32993 Harold F Levinson Program Director 40.00 0.00 X 372936 0 62585 Brian J Schimmoller President-Signature Science 40.00 0.00 X 381905 0 19004 Mary Massey Former- Vice President Ret. 3/4/22 40.00 0.00 X 199335 0 9837 Michael MacNaughton Former- Vice President Ret. 9/30/22 40.00 0.00 X 369095 0 27639 Kenneth H Bennett Jr Former-V.P. Eff. Sept 2022 40.00 0.00 X 224551 0 21842 13271637 0 1311227 1023 1 1 0 Millennium Space Systems 2265 E El Segundo Blvd El Segundo CA 90245 R&D Services 19201659 Sabreliner Aviation LLC 6 Trautman Ind Ct Sanite Genevieve MO 63670 Engineering 9624342 Keller-Martin Construction 4930 Enterprise Drive San Antonio TX 78249 Construction 9142176 Chevron Phillips Chemical 10001 Six Pines Drive The Woodlands TX 77380 Fuel Provider 7119779 Actalent Inc 7301 Parkway Drive Hanover MD 21076 Staffing Agency 6342443 548 194563 50316 244879 Research & Development 541700 795837241 736478650 59358591 Signature Science 541700 48442477 48442477 844279718 10462376 10462376 427619 427619 492533 345039 147494 147494 147494 361648 287988 73660 73660 72079 1581 855635746 784993206 59360172 11037489 498107 498107 40000 40000 11549125 5203743 6345382 746119 554998 191121 316441912 264716813 51725099 25933977 21903837 4030140 34888785 27027552 7861233 22843278 19544160 3299118 2554242 2554242 353341 353341 649748 649748 452633 452633 24891614 18691902 6199712 2018440 1295012 723428 23911660 10699203 13212457 6680290 5761199 919091 402214 402214 34592851 13895738 20697113 Project cost-non labor 258334588 258334588 Income Tax 478539 478539 Purchased Services 38353184 30275172 8078012 Equipment Rental 3906353 3777022 129331 1275809 1275809 811796809 683494855 128301954 0 190465 40194 234122986 245129619 190176509 209010975 10566525 10954079 7772329 8850166 931145848 495142774 401174913 436003074 2867379 2898458 91107707 107364139 937978813 1020250704 179422101 205597684 50324421 49945994 229746522 255543678 X 708232291 764707026 708232291 764707026 937978813 1020250704 X 43838937 13612569 -976771 X 0 1 X 1 1 1 X 575375 394590 233021 414259 244879 1862124 677831360 696215996 726300444 739249529 784921127 3624518456 100000 100000 100000 100000 100000 500000 678506735 696710586 726633465 739763788 785266006 3626880580 222476 126264 181278 339957 194563 1064538 123583933 163510545 193201738 237381584 240909744 958587544 123806409 163636809 193383016 237721541 241104307 959652082 2667228498 7264164 9830141 21886262 2616912 11037489 52634968 5727689 219737 2552657 1671390 10171473 12991853 10049878 21886262 5169569 12708879 62806441 691498588 706760464 748519727 744933357 797974885 3689687021 0.72290 0.74170 0.01700 0.01700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 649748 649748 682845107 683494855 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 593808 625493 699880 649748 2568929 250000 250000 250000 250000 1000000 1500000 27154540 27154540 571445143 313009440 258435703 21350514 1289651 20060863 286141767 180843683 105298084 25053884 25053884 436003074 Tianjin SwARC Investment 3003145 Post Retirement Medical Fund 91446478 Deferred Tax Asset 628464 Deferred Compensation 11986249 Pension Asset 299803 107364139 78344 Post Retirement Medical Benefits Obligation 37881401 Deferred Compensation Obligation 11986249 49945994 X Part X, Line 2: From Southwest Research Institute consolidated financial statements (collectively, the Institute) that include the filing organization: Management has evaluated their material tax positions, which include such matters as the tax exempt status of the entity and various positions relative to potential sources of unrelated business income. As of September 29, 2023 and September 30, 2022, there were no uncertain tax benefits identified and recorded as a liability. East Asia and the Pacific 1 3 Program Services Marketing and project coordination for SwRI's Research and Development efforts. 429230 East Asia and the Pacific 1 44 Program Services Investment 3003145 2 47 0 0 2 47 3432375 0 3432375 0 0 1 0 0 0 Part I, line 3: Column (f) - Accrual Method Part III Accounting Method: 1 Communities of Churches for Social Action 1023 N Pine Ste 146 San Antonio TX 78202 742937784 501(c)(3) 28000 0 General Support Mission Road Ministries 8706 Mission Rd San Antonio TX 78214 742958552 501(c)(3) 6750 0 General Support United Way PO Box 898 San Antonio TX 78230 741272381 501(c)(3) 355000 0 General Support West Point Association of Graduates 698 Mills Road West Point NY 10996 141260763 501(c)(3) 19000 0 General Support UNIVERSITY OF DAYTON RE 300 College Park Dayton OH 454691600 310536715 501(c)(3) 7000 0 General Support University of Texas at Austin PO Box 7458 Austin TX 78713 746000203 School 12500 0 General Support City of San Antonio 100 Military Plaza San Antonio TX 78205 746002070 City of San Antonio 7500 0 General Support San Antonio ISD Foundation 2411 San Pedro Avenue San Antonio TX 78212 742861587 501(c)(3) 6500 0 General Support University of Texas Health Science Center 7703 Floyd Curl Drive San Antonio TX 78229 741586031 School 6000 0 General Support 9 Scholarships 8 40000 Part I, Line 2: The assistance amounts listed are provided to the entities as donations in accordance with the applicable stated purposes of Southwest Research Institute. Grants are provided to tax-exempt organizations for general support purposes. Scholarships are monitored by Scholarship Management Services. X X X 1 1 X X X X X 0 1 0 0 0 0 0 1 0 Adam Hamilton President and CEO 1063032 0 555058 0 30758 0 30610 0 22293 0 1701751 0 0 0 Walter D Downing Jr Exec. Vice Pres. and COO 726008 0 212926 0 49469 0 30610 0 24097 0 1043110 0 0 0 James L Burch Vice President 580690 0 117377 0 32072 0 30610 0 23136 0 783885 0 0 0 Beth Ann Rafferty CFO and Secretary 441367 0 104947 0 27803 0 30610 0 20684 0 625411 0 0 0 Sol A Stern Associate Vice President 538075 0 0 0 16996 0 30610 0 24293 0 609974 0 0 0 C Nils Smith Vice President 397361 0 101925 0 8830 0 30610 0 29812 0 568538 0 0 0 Scott J Bolton Associate Vice President 482548 0 0 0 10095 0 30610 0 34058 0 557311 0 0 0 Robin Canup Assistant Vice President 455331 0 0 0 25879 0 30610 0 29223 0 541043 0 0 0 Steven D Marty Vice President 378203 0 73956 0 25616 0 30610 0 23643 0 532028 0 0 0 Steven W Dellenback Vice President 365603 0 85176 0 8514 0 30610 0 24944 0 514847 0 0 0 Daniel W Stewart Vice President 373040 0 70893 0 8593 0 30610 0 29740 0 512876 0 0 0 Monica R Trollinger General Counsel 349660 0 65190 0 5061 0 30610 0 31891 0 482412 0 0 0 Stephan A Fuselier Executive Director 411700 0 0 0 29849 0 30610 0 2383 0 474542 0 0 0 Michael K McLelland Vice President 392734 0 0 0 6929 0 30610 0 22541 0 452814 0 0 0 Harold F Levinson Program Director 364300 0 0 0 8636 0 30610 0 31975 0 435521 0 0 0 Anthony Magaro Vice President 274554 0 56215 0 37329 0 30610 0 24761 0 423469 0 0 0 Paul Easley Vice President 288586 0 50569 0 11360 0 29663 0 21608 0 401786 0 0 0 Brian J Schimmoller President-Signature Science 349125 0 25000 0 7780 0 9150 0 9854 0 400909 0 0 0 Michael MacNaughton Former- Vice President Ret. 9/30/22 245390 0 47922 0 75783 0 25640 0 1999 0 396734 0 0 0 Ben H Thacker Vice President 276494 0 0 0 28225 0 30610 0 22627 0 357956 0 0 0 Jim R Keys Vice President 279943 0 0 0 26694 0 30537 0 11837 0 349011 0 0 0 J Dan Bates-See Sch J Part III Director/Former Pres- Ret. 39250 0 0 0 301981 0 0 0 0 0 341231 0 0 0 Linda Boehme Treasurer 246842 0 36489 0 7166 0 25426 0 24742 0 340665 0 0 0 Delia Aguilar Treasurer 238350 0 0 0 27724 0 25910 0 11258 0 303242 0 0 0 Joe A McDonough Vice President 220488 0 0 0 10749 0 23794 0 30928 0 285959 0 0 0 Byrl B Brockman Assistant Treasurer 208999 0 0 0 4294 0 21590 0 33141 0 268024 0 0 0 Kenneth H Bennett Jr Former-V.P. Eff. Sept 2022 199192 0 0 0 25359 0 19173 0 2669 0 246393 0 0 0 Mary Massey Former- Vice President Ret. 3/4/22 61304 0 91555 0 46476 0 7272 0 2565 0 209172 0 0 0 Part I, Line 1a First class or charter travel: The Institute's travel policy generally does not permit first class or charter travel. There are a small number of exceptions for approved medical accomodations or other business required special circumstances. Tax indemnification and gross-up payments: SwRI provided additional cash compensation (reported on the W-2 and Schedule J) to partially offset the economic impact of a grandfathered taxable benefit to one officer. This represents .26% of total officer compensation. Health or social club dues/fees: SwRI reimburses the membership cost for one officer at a social club. The personal portion is included in compensation and any charges related to personal use are paid by the officer. Part I, Line 4b Also referencing Form 990, Part VII, Sec. A., Col. (D) and Schedule J, Part II, Col. (B) regarding J. Dan Bates. The Institute has a noncontributory defined benefit pension plan, which is a grandfathered 457 plan, that was granted to Institute officers who were employed as of April 30, 1981. Benefits are provided through a group annuity contract. The last active participant, J. Dan Bates, retired in September, 2014. He will receive a monthly benefit for his lifetime, with a twenty-year guarantee. The actual benefit paid in 2022 was $301,981. Additionally, he received Director's Fees of $39,250. Part I, Line 7 The Institute has Officer and Executive Incentive Compensation Plans which are subject to oversight by the Compensation Committee and the Board of Directors. The plans are based on the Institute's mission and use both strategic and operational performance metrics as the basis for annual nonfixed payments, if any. All amounts paid under the incentive plans are reviewed and approved by the Board Compensation Committee. Incentive compensation is paid to other employees, including one of the five highest compensated employees, as determined by internal management. Amounts paid during calendar year 2022 are shown on Sch. J, Part II, Col. (B)(ii). Heather Bates Family member of J. Dan Bates,Director/Former President 191120 Employment - Amount of transaction includes gross wages and employer provided retirement and fringe benefits. 0 Shannon Dellenback Family member of Steven W. Dellenback, Vice President 10755 Employment - Amount of transaction includes gross wages and employer provided retirement and fringe benefits. 0 Julia Fey Family member of Walter D. Downing Jr., Executive Vice President and COO 110653 Employment - Amount of transaction includes gross wages and employer provided retirement and fringe benefits. 0 Carter Schmitz Family member of Adam Hamilton, President and CEO 65935 Employment - Amount of transaction includes gross wages and employer provided retirement and fringe benefits. 0 William Rafferty Family member of Beth Ann Rafferty, Chief Fiancial Officer and Secretary 231896 Employment - Amount of transaction includes gross wages and employer provided retirement and fringe benefits. 0 Paul Easley II Family member of Paul Easley, Vice President 95166 Employment - Amount of transaction includes gross wages and employer provided retirement and fringe benefits. 0 Zachary Hamilton Family member of Adam Hamilton, President and CEO 60236 Employment - Amount of transaction includes gross wages and employer provided retirement and fringe benefits. 0 Cynthia Dellenback Family member of Steven W. Dellenback, Vice President 59310 Independent Contractor 0 Kristi Magaro Family member of Anthony Magaro, Vice President 121124 Employment - Amount of transaction includes gross wages and employer provided retirement and fringe benefits. 0 Anthony John Magaro Family member of Anthony Magaro, Vice President 100457 Employment - Amount of transaction includes gross wages and employer provided retirement and fringe benefits. 0 Pelin C Keys Family member of Jim Keys, Vice President 85618 Employment - Amount of transaction includes gross wages and employer provided retirement and fringe benefits. 0 Olivia Schmitz Family member of Adam Hamilton, President and CEO 86278 Employment - Amount of transaction includes gross wages and employer provided retirement and fringe benefits. 0 Form 990, Part VI, Section A, line 2 Sam G. Dawson, Director and Phillip D. Green, Director- Business Relationship. Form 990, Part VI, Section A, line 4 The bylaws, which were amended effective July 31, 2023, expanded the classifications of Board Members to add and define External Director, an addition to the Independent Director classification, and to describe the compensation, voting and committee membership available to External Directors. Board composition was updated to require the majority of Board Members qualify as Independent Directors. The definition of Officers was expanded to specifically include the title of Senior Vice President. Form 990, Part VI, Section B, line 11b A summary of Form 990 was reviewed with the Audit Committee of the Board of Directors. Schedule J compensation data was reviewed with the Compensation Committee. A copy of the completed Form 990, including all schedules, was electronically provided to all board members prior to filing. Form 990, Part VI, Section B, line 12c Directors and Officers of the organization are obligated under the conflict of interest policy to report all conflicts, to disclose all interests that could arise to conflicts, and all covered family and business relationships when completing the required annual disclosure questionnaire. The General Counsel's Office monitors the conflict of interest policy and reviews the annual disclosure questionnaires. Potential conflicts of interest are reviewed by the non-interested directors or committee members. Failure to disclose a conflict of interest will result in appropriate disciplinary and corrective action as determined by the Board or committee. Form 990, Part VI, Section B, line 15 Determination of Compensation: SwRI's strategy is to provide compensation that is fair, reasonable, and consistent with compensation paid for similar work in relevant labor areas and with compensation paid by Institute competitors in the markets for scientific research and development (R&D) and other technical services. The principal compensation authority is vested with the Board of Directors; however, the President of the Institute retains the authority to determine how various programs will be structured and administered subject to the oversight of the Compensation Committee of the Board of Directors. The Committee uses reputable compensation survey data, gathered annually, to compare the compensation of Officers to peer groups, within the relevant market segments, targeting an appropriate percentile corresponding to performance both for the year in question, and considering longer-term performance trends for total compensation. This review shall include comparative analysis of compensation paid by the Institute to compensation paid by local, sector, and national applied research and development organizations of similar size, both for profit and nonprofit organizations. The Committee engages the services of an external compensation advisor when conducting such comparability studies. Compensation Committee Review and Approval: The Board of Director delegates to the Committee the responsibility, in consultation with the President to review, approve and inform the Board of Directors of the changes in annual compensation and benefits for all Officers, except the President and Executive Vice President. The Committee will review the performance of the President and Executive Vice President and make a recommendation to the Board of Director for the total compensation for both of these officers. Adequate documentation is created contemporaneously and maintained to substantiate the basis for the Committee's and the Board of Directors' determination of total compensation for the President and all other Officers. Form 990, Part VI, Section C, line 19 The organization's governing documents, conflict of interest policy and financial statements are available to the public upon written request to the organization's Treasurer. Form 990, Part XI, line 9: CHANGE IN OBLIGATION FOR POST RETIREMENT BENEFIT (NET) -976,771. Signature Science LLC 8329 N Mopac Blvd Austin TX 78759 900041499 Scientific Research and Development TX 48442477 35971083 Southwest Research Institute ESSAR Recreation Association 6220 Culebra Road San Antonio TX 78228 741490851 Improve the morale and welfare of members TX 501(c)(4) SWRI 1 Tom Slick Memorial Trust for SwRI 6220 Culebra Road San Antonio TX 78228 237225476 Support for Southwest Research Institute's scientific & educational purposes TX 501(c)(3) Line 12a, I SWRI 1 Tianjin SwARC Automotive Research Laboratory Co Ltd CATARC ETL Bldg Tianshanlukou Che Tianjin Hedong District CH 000000000 Research and Development CH N/A C 4271929 5749057 0.50000 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 Tom Slick Memorial Trust for SwRI C 194563 GL Transaction Amt ESSAR Recreation Association N 4284870 Asset Book Value Tianjin SwARC Automotive Research Laboratory Co Ltd S 310886 GL Transaction Amt