Southeastern Universities Research Association Inc
- Assets
- $53.9m
- Revenue
- $191.8m
- Investments
- $0.0
- Employees
- 907
- Location
- Washington, DC
- Founding
- 08/2008
- Data as of
- 09/2022
- EIN
- 54-1156453
Organization Overview
Southeastern Universities Research Association Inc is located in Washington, DC. The organization was established in 2008. According to its NTEE Classification (U05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Science & Technology and related organizations. As of 09/2022, Southeastern Universities Research Association Inc employed 907 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Southeastern Universities Research Association Inc 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 09/2022, Southeastern Universities Research Association Inc generated $191.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 64.7% each year . All expenses for the organization totaled $187.5m during the year ending 09/2022. While expenses have increased by 56.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SURA'S MISSION IS TO ADVANCE COLLABORATIVE RESEARCH AND EDUCATION AND TO STRENGTHEN THE SCIENTIFIC CAPABILITIES OF ITS MEMBERS AND OUR NATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SURA HAS 54 MEMBER UNIVERSITIES IN THE US AND CANADA AND IS ORGANIZED TO PROMOTE COLLABORATIVE RESEARCH ACTIVITIES IN SCIENCE AND ENGINEERING, TO FOSTER EXCELLENCE IN SCIENTIFIC RESEARCH, TO STRENGTHEN THE SCIENTIFIC AND TECHNICAL CAPABILITIES OF THE NATION, AND TO PROVIDE TRAINING OPPORTUNITIES FOR SCIENTISTS AND ENGINEERS.THE THOMAS JEFFERSON NATIONAL ACCELERATOR FACILITY, OR JEFFERSON LAB, IS ONE OF THE DEPARTMENT OF ENERGY OFFICE OF SCIENCE'S TEN NATIONAL LABORATORIES. SURA HAS BEEN RESPONSIBLE FOR THE MANAGEMENT AND OPERATIONS (M&O) CONTRACT FOR THE JEFFERSON LAB SINCE IT WAS SELECTED IN 1983 IN A NATIONAL COMPETITION, THROUGH ITS WHOLLY OWNED SUBSIDIARY, JEFFERSON SCIENCE ASSOCIATES (JSA) LLC. AS THE M&O CONTRACTOR, JSA HAS OVERSIGHT RESPONSIBILITY FOR JEFFERSON LAB OPERATIONS INCLUDING OVER 800 EMPLOYEES AND OVER $180 MILLION IN ANNUAL OPERATING BUDGET.JSA IS ORGANIZED AS A LIMITED LIABILITY COMPANY AND IS GOVERNED BY AN OPERATING AGREEMENT THAT RESTRICTS ACTIVITIES EXCLUSIVELY TO THOSE HAVING CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSES AND A PRIMARY MISSION TO PERFORM THE DOE JEFFERSON LAB M&O CONTRACT. SURA PROVIDES OVERSIGHT OF THE SCIENTIFIC MISSION OF THE JEFFERSON LAB WITH ASSISTANCE FROM FACULTY EXPERTS FROM ITS MEMBER UNIVERSITIES.SURA, THROUGH ITS SPACE SCIENCE PROGRAM, PARTNERS WITH OTHER UNIVERSITIES AND ORGANIZATIONS ON GRANTS AND CONTRACTS TO PROVIDE SCIENTISTS AND OTHER SUBJECT MATTER EXPERTS TO CONDUCT ASTRONOMY, ASTROPHYSICS, ASTROBIOLOGY, EARTH SCIENCE, AND ENGINEERING RESEARCH TO MEET THE MISSION OBJECTIVES OF SEVERAL FEDERAL AGENCIES.THE CENTER FOR NUCLEAR FEMTOGROPHY WAS ESTABLISHED TO BRING TOGETHER EXPERTISE IN THE NUCLEAR PHYSICS RESEARCH COMMUNITY. SURA PROVIDES RESEARCH OPPORTUNITIES THROUGH GRANTS TO NUCLEAR PHYSICS FACULTY WITHIN VIRGINIA UNIVERSITIES AND POSTDOCTORAL FELLOWSHIPS TO WORK DIRECTLY WITH THE CENTER FOR NUCLEAR FEMTOGRAPHY LEADERSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stuart Henderson Lab Director | Officer | 40 | $585,663 |
Jerry P Draayer Former President & CEO (thru 4/14/21) | 40 | $477,920 | |
Robert D Mckeown Scientific Advisor (thru 01/16/2022) | Officer | 40 | $406,340 |
Allison F Lung Chief Planning Officer | Officer | 40 | $320,660 |
Michael W Maier Special Advisor (thru 08/31/2022) | Officer | 40 | $318,436 |
Steven A Hoey Director Es&h | Officer | 40 | $311,389 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Starburst Construction Llc Contractor | 9/29/22 | $3,477,000 |
Tvar Solutions Llc Consulting | 9/29/22 | $340,970 |
Kendall Holdings Ltd Technology | 9/29/22 | $246,017 |
Prometheus Group Holdings Llc Software | 9/29/22 | $393,265 |
Elmet Technologies Llc Research Supplies | 9/29/22 | $834,889 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $364,875 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $9,709,654 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,074,529 |
| Total Program Service Revenue | $179,965,279 |
| Investment income | $742,144 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $3,100 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $923,247 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $191,788,988 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $100,897 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $16,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $4,251,071 |
| Compensation of current officers, directors, key employees. | $1,065,318 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $69,181,547 |
| Pension plan accruals and contributions | $6,364,442 |
| Other employee benefits | $26,898,027 |
| Payroll taxes | $6,199,669 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $54,197 |
| Fees for services: Accounting | $137,669 |
| Fees for services: Lobbying | $445,977 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $171,297 |
| Fees for services: Other | $56,000 |
| Advertising and promotion | $0 |
| Office expenses | $33,059,323 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,015,608 |
| Travel | $2,661,636 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $36,197 |
| Interest | $165,936 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $106,192 |
| Insurance | $284,126 |
| All other expenses | $0 |
| Total functional expenses | $187,499,987 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,213,517 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $26,050,207 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $353,287 |
| Net Land, buildings, and equipment | $1,099,276 |
| Investments—publicly traded securities | $16,141,355 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $53,857,642 |
| Accounts payable and accrued expenses | $26,380,247 |
| Grants payable | $0 |
| Deferred revenue | $5,191,659 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $10,150,000 |
| Other liabilities | $0 |
| Total liabilities | $41,721,906 |
| Net assets without donor restrictions | $9,328,032 |
| Net assets with donor restrictions | $2,807,704 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $53,857,642 |
Grants Awarded
Over the last fiscal year, Southeastern Universities Research Association Inc has awarded $100,897 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Norfolk, VA PURPOSE: JSA RESEARCH GRANT | $32,840 |
Cambridge, MA PURPOSE: JSA RESEARCH GRANT | $22,000 |
THE GEORGE WASHINGTON UNIVERSITY PURPOSE: JSA RESEARCH GRANT | $13,057 |
Mississippi State, MS PURPOSE: JSA RESEARCH GRANT | $11,000 |
STONY BROOK UNIVERSITY PURPOSE: JSA RESEARCH GRANT | $10,000 |
GORDON RESEARCH CONFERENCES PURPOSE: JSA RESEARCH GRANT | $6,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Southeastern Universities Research Association Inc has recieved totaling $40,000.
| Awarding Organization | Amount |
|---|---|
Virginia Innovation Partnership Corporation Herndon, VA PURPOSE: RESEARCH | $40,000 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Institute For Defense Analyses Alexandria, VA | $672,323,901 | $270,097,367 |
Southeastern Universities Research Association Inc Washington, DC | $53,857,642 | $191,788,988 |
Public Interest Registry Reston, VA | $67,348,678 | $103,286,594 |
Virginia Tech Applied Research Corporation Arlington, VA | $4,609,993 | $12,977,041 |
Biomedical Research Institute Rockville, MD | $13,124,832 | $4,727,292 |
Japan Electric Power Information Center Usa Washington, DC | $336,624 | $1,683,711 |
The Nasw Foundation Inc Washington, DC | $4,034,849 | $1,641,457 |
Family Online Safety Institute - Us Washington, DC | $1,091,464 | $1,647,196 |
Finreglab Inc Washington, DC | $442,962 | $1,161,009 |
Techfreedom Washington, DC | $682,336 | $1,262,524 |
The Gridwise Alliance Inc Washington, DC | $267,601 | $781,844 |
Dciia Retirement Research Center Washington, DC | $0 | $592,000 |