Underwriters Laboratories Inc

Organization Overview

Underwriters Laboratories Inc, operating under the name Ul Research Institutes, is located in Evanston, IL. The organization was established in 1955. According to its NTEE Classification (W90) the organization is classified as: Consumer Protection, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2022, Ul Research Institutes employed 137 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ul Research Institutes is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Ul Research Institutes generated $1.2b in total revenue. All expenses for the organization totaled $7.7b during the year ending 12/2021.

Since 2014, Ul Research Institutes has awarded 242 individual grants totaling $7,646,305,189. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

Part 3 - Line 4a

UNDERWRITERS LABORATORIES INC. PERFORMS RESEARCH & INVESTIGATION TO ADVANCE SAFETY SCIENCE. ADDITIONALLY, THE ORGANIZATION ENGAGES IN PUBLIC ADVOCACY AND PROVIDES EDUCATION TO THE PUBLIC TO ENHANCE SAFETY AWARENESS.


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Board, Officers & Key Employees

Name (title)Compensation
K Williams
CEO (former)
$0
W Zhou
Evp
$0
T Brady
President & CEO
$1,604,096
R Robinson
SVP & CFO (until 8/22)
$0
M Saltzman
CFO
$0
C Correia
SVP
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Wentworth Contracting Llc
Construction
$1,820,197
Allison And Partners
Communication
$1,064,233
Lazard Freres Co Llc
Legal Services
$1,000,000
Agilent Technologies
Lab Equipment
$686,826
Daniel J Edelman Inc
Legal Services
$628,918
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,036,769
All other contributions, gifts, grants, and similar amounts not included above$57,761
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,094,530
Total Program Service Revenue$16,307,513
Investment income $1,860,575
Tax Exempt Bond Proceeds $0
Royalties $5,679,134
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,200,000,000
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,224,941,752

Grants Awarded

Over the last fiscal year, Underwriters Laboratories Inc has awarded $4,557,967 in support to 40 organizations.

Grant RecipientAmount

HOME FIRE SPRINKLER COALITION INC

PURPOSE: GENERAL SUPPORT

$25,000

FDNY FOUNDATION

PURPOSE: GENERAL SUPPORT

$35,000

UNIVERSITY OF MARYLAND

PURPOSE: GENERAL SUPPORT

$564,758

CASE WESTERN RESERVE UNIVERSITY

PURPOSE: GENERAL SUPPORT

$745,833

CHICAGO BOTANIC GARDEN

PURPOSE: GENERAL SUPPORT

$50,000

SFPE EDU & SCIENTIFIC FOUNDATION INC

PURPOSE: GENERAL SUPPORT

$115,000
View Grant Profile

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