SOUTHERN RESEARCH INSTITUTE: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- SOUTHERN RESEARCH INSTITUTE (EIN 63-0288868)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-12
- IRS object ID
- 202503169349306255
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule J
- Schedule K
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-12T14:03:17-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 454084437 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WARREN AVERETT LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2500 ACTON ROAD | AddressLine1Txt |
| City | BIRMINGHAM | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 35243 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 630288868 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOUTHERN RESEARCH INSTITUTE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SOUT | BusinessNameControlTxt |
| Phone | 2055812000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2000 NINTH AVENUE SOUTH | AddressLine1Txt |
| City | BIRMINGHAM | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 352052708 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ALAN SPEAR | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 2055812000 | PhoneNum |
| Signature | 2025-11-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MEGAN RANDOLPH | PreparerPersonNm |
| PTIN | P00989558 | PTIN |
| Phone | 2059794100 | PhoneNum |
| Preparation | 2025-11-11 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ALAN SPEAR | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2000 NINTH AVENUE SOUTH | AddressLine1Txt |
| City | BIRMINGHAM | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 352052708 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $53,805,784 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.SOUTHERNRESEARCH.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1941 | FormationYr |
| Legal Domicile State | AL | LegalDomicileStateCd |
| Activity Or Mission | TO OFFER RESEARCH & TECHNOLOGY SERVICES TO SUPPORT INDUSTRY AND FEDERAL GOVERNMENT AGENCIES. TO BE OPERATED FOR THE BENEFIT OF THE UNIVERSITY OF ALABAMA AT BIRMINGHAM. | ActivityOrMissionDesc |
| Voting Members Governing Body | 14 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 267 | TotalEmployeeCnt |
| Total Volunteers | 10 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $7,258,198 | PYContributionsGrantsAmt |
| CY Contributions Grants | $14,326,793 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $38,681,839 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $30,295,807 | CYProgramServiceRevenueAmt |
| PY Investment Income | $3,731,361 | PYInvestmentIncomeAmt |
| CY Investment Income | $4,318,137 | CYInvestmentIncomeAmt |
| PY Other Revenue | $88,562 | PYOtherRevenueAmt |
| CY Other Revenue | $1,440,393 | CYOtherRevenueAmt |
| PY Total Revenue | $49,759,960 | PYTotalRevenueAmt |
| CY Total Revenue | $50,381,130 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $28,444,077 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $24,783,624 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $27,520,693 | PYOtherExpensesAmt |
| CY Other Expenses | $25,046,532 | CYOtherExpensesAmt |
| PY Total Expenses | $55,964,770 | PYTotalExpensesAmt |
| CY Total Expenses | $49,830,156 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$6,204,810 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $550,974 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $242,110,174 | TotalAssetsBOYAmt |
| Total Assets EOY | $238,738,191 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $63,239,300 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $57,165,934 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $178,870,874 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $181,572,257 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO OFFER RESEARCH AND TECHNOLOGY SERVICES TO SUPPORT THE LIFE SCIENCES, ENERGY, AND ENVIRONMENTAL PROTECTION INDUSTRIES. THE ORGANIZATION PURSUES ENTREPRENEURIAL AND COLLABORATIVE INITIATIVES TO DEVELOP AND MAINTAIN A PIPELINE OF INTELLECTUAL PROPERTY AND INNOVATIVE TECHNOLOGIES THAT CONTRIBUTE TO THE GROWTH OF THE ORGANIZATION AND POSITIVELY IMPACT REAL-WORLD PROBLEMS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $17,663,118 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $15,335,738 | RevenueAmt |
| Desc | SCIENTIFIC PLATFORMS HAS ACCOMPLISHED INNOVATIVE RESEARCH IN THE AREAS OF CANCER, INFECTIOUS DISEASE, AND NEUROSCIENCE. WITH A FOCUS ON THE DISCOVERY OF NEW, SMALL-MOLECULE THERAPEUTICS AND THE UNDERSTANDING OF HOW THESE MOLECULES WORK, DRUG DISCOVERY CARRIES OUT TRANSLATIONAL SCIENCE DESIGNED TO INVENT SMALL MOLECULES AND ADVANCE THEM FROM THE DESIGN STAGE TO THE CLINIC. GOVERNMENT FUNDING SUPPORTS OUR EFFORTS IN PIONEERING NEW SCIENTIFIC AREAS OF DRUG DISCOVERY. THE SCIENTIFIC PLATFORMS' STAFF PROVIDES EXPERTISE IN MEDICINAL CHEMISTRY, MOLECULAR BIOLOGY, BIOCHEMISTRY, AND HIGH-THROUGHPUT SCREENING TECHNOLOGIES, ALL FOCUSED ON MAKING DISCOVERIES THAT WILL CONTRIBUTE TO IMPROVING HUMAN HEALTH. THE SCIENTIFIC PLATFORMS' TEAM HAS BEEN VERY EFFECTIVE IN ITS EFFORTS AND HAS DISCOVERED MORE THAN 20 DRUGS THAT HAVE ENTERED CLINICAL TRIALS AND SIX DRUGS THAT HAVE BEEN APPROVED BY THE FDA FOR USE IN THE TREATMENT OF CANCER. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $13,835,296 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $12,012,287 | RevenueAmt |
| Desc | CRO SERVICES PROVIDES DRUG DISCOVERY AND PRE-CLINICAL DRUG DEVELOPMENT TO PHARMACEUTICAL AND BIOTECHNOLOGY ON AN OUTSOURCED BASIS. SOUTHERN RESEARCH INSTITUTE HAS CAPABILITIES IN ALL PHASES OF THE EARLY-STAGE DRUG DISCOVERY AND DEVELOPMENT PROCESS AND PROVIDES CLIENTS WITH COMPREHENSIVE SERVICES AND SUPPORT TO ASSIST THEM IN STREAMLINING THEIR CUSTOM DRUG DISCOVERY AND DEVELOPMENT PROGRAMS. SOME OF SOUTHERN RESEARCH INSTITUTE'S SIGNIFICANT PRE-CLINICAL RESEARCH ACCOMPLISHMENTS INCLUDE: DEMONSTRATED THE EFFICACY OF COMBINATION CHEMOTHERAPY IN MICE, LEADING THE WAY FOR THE DEVELOPMENT OF THERAPEUTIC APPROACHES WITH IMPROVED CLINICAL OUTCOMES IN CERTAIN CANCERS, PERFORMED PRE-CLINICAL DRUG DEVELOPMENT EVALUATIONS AND ANALYSES ON APPROXIMATELY HALF OF THE FDA-APPROVED CANCER THERAPEUTICS CURRENTLY ON THE MARKET, AND CONTRIBUTED TO THE DEVELOPMENT OF THE FIRST DRUG DELIVERY TECHNOLOGY FOR THE EXTENDED RELEASE OF SYNTHETIC AGENTS THAT PROMOTE THE TREATMENT OF PROSTATE CANCER. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $666,467 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $578,650 | RevenueAmt |
| Desc | SOUTHERN RESEARCH'S STEM EDUCATION OUTREACH PROGRAM IS INVOLVED IN A WIDE VARIETY OF PROGRAMS THAT IMPACT STUDENTS AND TEACHERS IN ALABAMA. THE MISSION OF SR'S STEM PROGRAM IS TO ENHANCE 6TH THROUGH 12TH GRADE STEM EDUCATION BY DRAWING UPON THE EXPERTISE AND SCHOLARLY CONTRIBUTIONS OF THE SOUTHERN RESEARCH COMMUNITY. WE AIM TO DEFINE AND EXEMPLIFY EFFECTIVE STEM EDUCATION TO MAXIMIZE STUDENTS' READINESS TO EXCEL IN A RAPIDLY CHANGING WORLD. WE ARE WORKING TO ACHIEVE OUR EDUCATION MISSION BY ENGAGING STUDENTS AND TEACHERS IN STEM ACTIVITIES THROUGH SUMMER LEARNING PROGRAMS, FIELD TRIPS, AFTER-SCHOOL PROGRAMING, STEM COMPETITIONS AND SCIENCE FAIRS, INTERNSHIPS, AND PROFESSIONAL DEVELOPMENT WORKSHOPS FOR STEM EDUCATORS. OUR PRIMARY OBJECTIVE IS TO EMBOLDEN STUDENTS WHO POSSESS A PASSION FOR INNOVATION AND DISCOVERY TO PURSUE THEIR INTERESTS AND STRENGTHEN THE STEM COMMUNITY. SOUTHERN RESEARCH IS COMMITTED TO FOSTERING CREATIVITY AND IMPACTING THE FUTURE GENERATION. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,728,674 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $2,369,132 | RevenueAmt |
| Desc | CATALYST BY SOUTHERN RESEARCH IS A UNIQUE PUBLIC HEALTH DATA SYSTEM THAT CONNECTS PATIENT GENOMES (AND OTHER FORMS OF PERSONALIZED MEDICAL DATA, POTENTIALLY INCLUDING TRANSCRIPTOMICS, PROTEOMICS, METABOLOMICS AND OTHERS) TO CLINICAL DATA TO SUPPORT THE HEALTH OF COMMUNITIES. SR WILL ACCOMPLISH THIS GOAL BY INVESTING INFRASTRUCTURE TO (A) EXPAND ACCESS TO PERSONALIZED MEDICINE IN ALABAMA, ESPECIALLY IN UNDERSERVED AREAS OF THE STATE; (B) ENSURE ALABAMIANS HAVE MORE EFFECTIVE DIAGNOSTICS DATA TO IDENTIFY AND TREAT UNDERLYING CONDITIONS AND UNDETECTED CO-MORBIDITIES THAT PROVED FATAL FOR MANY ALABAMIANS DURING THE COVID-19 PANDEMIC; AND (C) ENABLE GREATER ACCESS TO CLINICAL TRIALS THROUGHOUT THE STATE. THE CATALYST PROGRAM IS DESIGNED TO ENHANCE AND PROVIDE ADDITIOANL PREVENTATIVE CARE OPTIONS TO ALABAMIANS BY (1) EMPOWERING INDIVIDUAL WITH KNOWLEDGE ABOUT THEIR HEALTH; (2) CONNECTING CLINICAL AND GENOMIC DATA WITH LOCAL HEALTHCARE PROVIDERS; AND (3) ENCOURAGING PARTICIPATION IN PROMISING RESEARCH VIA TARGETED CLINICAL TRIALS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $2,728,674 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $2,369,132 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $34,893,555 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 91 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 267 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 14 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALAN SPEAR | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2055812000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2000 NINTH AVENUE SOUTH | AddressLine1Txt |
| City | BIRMINGHAM | CityNm |
| State Abbreviation | AL | StateAbbreviationCd |
| ZIP | 352052708 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (30 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| SID J TRANT | ||||||||
| INTERIM DIRECTOR | 1.00 | 40.00 | Yes (X) | $0 | $809,255 | $91,451 | ||
| ABISHEK KULSHRESHTHA | ||||||||
| CHIEF BUSINESS OFFICER (THRU 3/24) | 40.00 | 0.00 | Yes (X) | $144,437 | $0 | $4,669 | ||
| FINIS ST JOHN VI | ||||||||
| DIRECTOR (THRU 4/24) | 1.00 | 40.00 | Yes (X) | $0 | $528,964 | $51,413 | ||
| RAY WATTS | ||||||||
| CHAIRMAN | 1.00 | 40.00 | Yes (X) | $0 | $713,777 | $95,387 | ||
| CHRISTOPHER S BROWN PHD | ||||||||
| DIRECTOR | 1.00 | 40.00 | Yes (X) | $0 | $423,918 | $101,260 | ||
| ANUPAM AGARWAL | ||||||||
| DIRECTOR | 1.00 | 40.00 | Yes (X) | $0 | $247,001 | $61,356 | ||
| REGINA BENJAMIN | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MIKE BROCK | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| BOBBIE KNIGHT | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMEY MCMAHON | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| GENE RUFFNER PAGE JR | ||||||||
| VICE CHAIRMAN | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JEFFREY PEOPLES | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| SCOTT PHELPS | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| KEN SIMON | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| LEE STYSLINGER III | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| NEEL VARSHNEY | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JOSHUA CARPENTER | ||||||||
| PRESIDENT AND CEO (THRU 12/24) | 40.00 | 0.00 | $412,848 | $0 | $32,413 | Yes (X) | ||
| CORRINE AUGELLI-SZAFRAN | ||||||||
| VP SCIENTIFIC PLATFORMS | 40.00 | 0.00 | $291,552 | $0 | $4,826 | Yes (X) | ||
| DAVID RUTLEDGE | ||||||||
| SENIOR ADVISOR OF FINANCE | 40.00 | 2.00 | $253,474 | $0 | $32,634 | Yes (X) | ||
| MONICA W MASON | ||||||||
| INTERIM VP CRO SERVICES | 40.00 | 0.00 | $238,113 | $0 | $41,238 | Yes (X) | ||
| RICARDO BRITO | ||||||||
| CHIEF OF STAFF | 40.00 | 0.00 | $187,879 | $0 | $13,918 | Yes (X) | ||
| HARRY LEDEBUR JR | ||||||||
| CHIEF OPERATING OFFICER | 40.00 | 0.00 | $232,271 | $0 | $30,500 | Yes (X) | ||
| ANNA BRANTLEY FRY | ||||||||
| VP OF PEOPLE AND COMMUNITY (THRU 6/24) | 40.00 | 0.00 | $211,854 | $0 | $19,615 | Yes (X) | ||
| RAY COLEMAN LOPER | ||||||||
| INTERIM CEO & CFO | 32.00 | 0.00 | $104,434 | $0 | $116 | Yes (X) | ||
| LESTER SMITH JR | ||||||||
| CHIEF FINANCIAL OFFICER (THRU 6/24) | 40.00 | 0.00 | $227,390 | $0 | $30,535 | Yes (X) | ||
| OLIVER HAMPTON | ||||||||
| CHIEF DATA OFFICER | 40.00 | 0.00 | $383,042 | $0 | $33,700 | Yes (X) | ||
| KHALILAH BROWN | ||||||||
| CHIEF MEDICAL OFFICER | 40.00 | 0.00 | $247,279 | $0 | $39,834 | Yes (X) | ||
| MARIANNE P NURRE | ||||||||
| SR. CONTROLLER | 40.00 | 0.00 | $201,521 | $0 | $31,547 | Yes (X) | ||
| JENNIFER PICKENS | ||||||||
| DIRECTOR OF INFECTIOUS DISEASE | 40.00 | 0.00 | $194,308 | $0 | $28,552 | Yes (X) | ||
| FUSATAKA KOIDE | ||||||||
| DIRECTOR OF BUSINESS DEVELOPMENT | 40.00 | 0.00 | $241,585 | $0 | $34,283 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,571,987 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $2,722,915 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $779,247 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 81 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| BRASFIELD & GORRIE LLC | |||||
| 3021 7TH AVE S | BIRMINGHAM | AL | 35233 | CONSTRUCTION AND ENGINEERING | $40,108,837 |
| HM SOUTHEAST CONCRETE LLC | |||||
| 4211 MOUNTAIN TOP RD | BIRMINGHAM | AL | 35242 | CONSTRUCTION AND ENGINEERING | $1,179,567 |
| LUCKIE AND COMPANY | |||||
| 1143 1ST AVENUE S STE 110 | BIRMINGHAM | AL | 35233 | ADVERTISING | $614,023 |
| ALLENTOWN LLC | |||||
| 165 RTE 526 | ALLENTOWN | NJ | 08501 | MANUFACTURING | $507,949 |
| WARREN AVERETT | |||||
| 2500 ACTON ROAD | BIRMINGHAM | AL | 35243 | ACCOUNTING | $503,351 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 20 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $14,133,575 | GovernmentGrantsAmt |
| All Other Contributions | $193,218 | AllOtherContributionsAmt |
| Total Contributions | $14,326,793 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RESEARCH CONTRACTS | Desc |
| Business | 541700 | BusinessCd |
| Total Revenue Column | $30,295,807 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $30,295,807 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $30,295,807 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,848,774 | TotalRevenueColumnAmt |
| Exclusion | $5,848,774 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,379,518 | TotalRevenueColumnAmt |
| Exclusion | $1,379,518 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $130,892 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $70,017 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $60,875 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $60,875 | TotalRevenueColumnAmt |
| Exclusion | $60,875 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $1,824,000 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $3,354,637 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$1,530,637 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,530,637 | TotalRevenueColumnAmt |
| Exclusion | -$1,530,637 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $50,381,130 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $30,295,807 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $5,758,530 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,613,446 | TotalAmt |
| Program Services | $1,129,412 | ProgramServicesAmt |
| Management And General | $484,034 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,957,066 | TotalAmt |
| Program Services | $11,869,946 | ProgramServicesAmt |
| Management And General | $5,087,120 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,213,112 | TotalAmt |
| Program Services | $4,349,178 | ProgramServicesAmt |
| Management And General | $1,863,934 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $437,046 | TotalAmt |
| Program Services | $305,932 | ProgramServicesAmt |
| Management And General | $131,114 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $255,302 | TotalAmt |
| Program Services | $178,711 | ProgramServicesAmt |
| Management And General | $76,591 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $177,818 | TotalAmt |
| Program Services | $136,920 | ProgramServicesAmt |
| Management And General | $40,898 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $172,709 | TotalAmt |
| Program Services | $120,896 | ProgramServicesAmt |
| Management And General | $51,813 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,333,932 | TotalAmt |
| Program Services | $3,733,753 | ProgramServicesAmt |
| Management And General | $1,600,179 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $224,530 | TotalAmt |
| Program Services | $157,171 | ProgramServicesAmt |
| Management And General | $67,359 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,592,061 | TotalAmt |
| Program Services | $1,814,443 | ProgramServicesAmt |
| Management And General | $777,618 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,804,346 | TotalAmt |
| Program Services | $1,263,042 | ProgramServicesAmt |
| Management And General | $541,304 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $430,186 | TotalAmt |
| Program Services | $301,130 | ProgramServicesAmt |
| Management And General | $129,056 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $359,033 | TotalAmt |
| Program Services | $251,323 | ProgramServicesAmt |
| Management And General | $107,710 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,004,077 | TotalAmt |
| Program Services | $2,802,854 | ProgramServicesAmt |
| Management And General | $1,201,223 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $764,138 | TotalAmt |
| Program Services | $534,897 | ProgramServicesAmt |
| Management And General | $229,241 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| OTHER DIRECT COSTS | $3,081,274 | $2,156,892 | $924,382 |
| DIRECT ANIMAL CARE | $2,304,986 | $1,613,490 | $691,496 |
| EQUIPMENT MAINTENANCE | $2,081,699 | $1,457,189 | $624,510 |
| BAD DEBT EXPENSE | $565,000 | $395,500 | $169,500 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $458,395 | TotalAmt |
| Program Services | $320,876 | ProgramServicesAmt |
| Management And General | $137,519 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,830,156 | TotalAmt |
| Program Services | $34,893,555 | ProgramServicesAmt |
| Management And General | $14,936,601 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,582,006 | BOYAmt |
| EOY | $4,066,896 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,443 | BOYAmt |
| EOY | $38,477,597 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,104,599 | BOYAmt |
| EOY | $4,765,819 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $128,103 | BOYAmt |
| EOY | $447,404 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,600,881 | BOYAmt |
| EOY | $1,419,471 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $172,618,167 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $60,431,034 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,904,263 | BOYAmt |
| EOY | $112,187,133 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $121,789,264 | BOYAmt |
| EOY | $69,618,965 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,905,197 | BOYAmt |
| EOY | $2,419,210 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,082,418 | BOYAmt |
| EOY | $5,335,696 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $242,110,174 | BOYAmt |
| EOY | $238,738,191 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,317,202 | BOYAmt |
| EOY | $15,168,135 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,577,141 | BOYAmt |
| EOY | $30,953,678 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,808,716 | BOYAmt |
| EOY | $7,948,513 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,536,241 | BOYAmt |
| EOY | $3,095,608 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,239,300 | BOYAmt |
| EOY | $57,165,934 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,137,766 | BOYAmt |
| EOY | $42,137,766 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $136,733,108 | BOYAmt |
| EOY | $139,434,491 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $178,870,874 | BOYAmt |
| EOY | $181,572,257 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $242,110,174 | BOYAmt |
| EOY | $238,738,191 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $550,974 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,150,409 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $270,253 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $160,958 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $45,128,927 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,258,198 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $14,326,793 | CurrentTaxYearAmt |
| Total | $67,145,129 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $78,155,531 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $76,088,020 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $50,414,850 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $37,755,745 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $30,295,807 | CurrentTaxYearAmt |
| Total | $272,709,953 | TotalAmt |
Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,461 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,449 | CurrentTaxYearMinus3YearsAmt |
| Total | $9,910 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $78,427,245 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $76,257,427 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $95,543,777 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $45,013,943 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $44,622,600 | CurrentTaxYearAmt |
| Total | $339,864,992 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $339,864,992 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,057,361 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,375,479 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,582,983 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,004,197 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,359,184 | CurrentTaxYearAmt |
| Total | $22,379,204 | TotalAmt |
Post1975 UBTI Post1975UBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,916,594 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,697,213 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,400,007 | CurrentTaxYearMinus2YearsAmt |
| Total | $10,013,814 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,973,955 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,072,692 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,982,990 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,004,197 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,359,184 | CurrentTaxYearAmt |
| Total | $32,393,018 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $84,401,200 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $83,330,119 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $99,526,767 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $53,018,140 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $51,981,784 | CurrentTaxYearAmt |
| Total | $372,258,010 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.91300 | PublicSupportCY509Pct |
| Public Support PY509 | 0.91830 | PublicSupportPY509Pct |
| Investment Income CY | 0.08700 | InvestmentIncomeCYPct |
| Investment Income PY | 0.06350 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | Yes (1) | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (1) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $177,818 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | 0 | OtherActivitiesInd |
| Total Lobbying Expenditures | $177,818 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | DURING THE YEAR, SRI CONTRACTED WITH A THIRD-PARTY GOVERNMENT RELATIONS AND LOBBYING FIRM THAT CONDUCTED OUR GOVERNMENTAL AFFAIRS WHICH INCLUDED REPRESENTING OUR INTERESTS WITH REGULATORY, LEGISLATIVE, AND EXECUTIVE BODIES AND AGENCIES, OFFERING REGISTERED LOBBYING SERVICES TO PROMOTE SRI'S MISSION AND KEY INITIATIVES WITH THE ABOVE, AND ASSISTING THE ORGANIZATION WITH A BETTER UNDERSTANDING OF THE CHANGES AND DEVELOPMENTS IN THE REGULATORY AND LEGISLATIVE ENVIRONMENTS IN WHICH WE OPERATE. TOTAL PAYMENTS TO THE FIRM MENTIONED ABOVE WERE $120,000 AND OUR INTERNAL COSTS ASSOCIATED WITH THESE ACTIVITIES WERE $57,818, TOTALING $177,818 IN 2024. | ExplanationTxt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $12,338,096 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $1,257,039 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $18,807 | AdministrativeExpensesAmt |
| End Year Balance | $13,576,328 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $11,471,250 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $1,343,469 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $460,343 | OtherExpendituresAmt |
| Administrative Expenses | $16,280 | AdministrativeExpensesAmt |
| End Year Balance | $12,338,096 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $13,308,476 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$1,241,720 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $573,373 | OtherExpendituresAmt |
| Administrative Expenses | $22,133 | AdministrativeExpensesAmt |
| End Year Balance | $11,471,250 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $12,226,041 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $1,670,896 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $557,524 | OtherExpendituresAmt |
| Administrative Expenses | $30,937 | AdministrativeExpensesAmt |
| End Year Balance | $13,308,476 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $11,933,466 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $880,109 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $559,151 | OtherExpendituresAmt |
| Administrative Expenses | $28,383 | AdministrativeExpensesAmt |
| End Year Balance | $12,226,041 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.00000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 1.00000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,918,352 | OtherCostOrOtherBasisAmt |
| Book Value | $2,918,352 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $45,493,353 | OtherCostOrOtherBasisAmt |
| Depreciation | $28,833,851 | DepreciationAmt |
| Book Value | $16,659,502 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $694,451 | OtherCostOrOtherBasisAmt |
| Depreciation | $694,451 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $37,793,181 | OtherCostOrOtherBasisAmt |
| Depreciation | $29,088,151 | DepreciationAmt |
| Book Value | $8,705,030 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $85,718,830 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,814,581 | DepreciationAmt |
| Book Value | $83,904,249 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $112,187,133 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| POST RETIRMENT BENEFITS | $2,204,961 |
| ROU LIABILITIES | $890,647 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,095,608 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $52,428,847 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $2,150,409 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $70,017 | OtherRevenueAmt |
| Revenue Not Reported | $2,220,426 | RevenueNotReportedAmt |
| Revenue Subtotal | $50,208,421 | RevenueSubtotalAmt |
| Other Revenues Not Included | $172,709 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $172,709 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $50,381,130 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $49,727,463 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $70,017 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $70,017 | ExpensesNotReportedAmt |
| Expenses Subtotal | $49,657,446 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $172,709 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $172,709 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $49,830,155 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE INTENDED USE OF THE FUNDS IS TO HELP CERTAIN OUTSTANDING NEWLY-HIRED SCIENTISTS GET THEIR LABORATORIES ESTABLISHED BEFORE THEY HAVE SECURED FUNDING FROM OUTSIDE SPONSORS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES SHOWN AS OFFSET TO REVENUE ON THE RETURN 70,017. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | INVESTMENT EXPENSES SHOWN AS OFFSET TO INCOME ON BOOKS 172,709. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES SHOWN AS OFFSET TO REVENUE ON THE RETURN 70,017. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | INVESTMENT EXPENSES SHOWN AS OFFSET TO INCOME ON BOOKS 172,709. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (18 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SID J TRANT | ||||||||||||||
| INTERIM DIRECTOR | $0 | $724,387 | $0 | $56,114 | $0 | $28,754 | $0 | $65,127 | $0 | $26,324 | $0 | $900,706 | $0 | $0 |
| RAY WATTS | ||||||||||||||
| CHAIRMAN | $0 | $566,135 | $0 | $134,540 | $0 | $13,102 | $0 | $93,051 | $0 | $2,336 | $0 | $809,164 | $0 | $0 |
| FINIS ST JOHN VI | ||||||||||||||
| DIRECTOR (THRU 4/24) | $0 | $386,116 | $0 | $105,000 | $0 | $37,848 | $0 | $47,940 | $0 | $3,692 | $0 | $580,596 | $0 | $0 |
| CHRISTOPHER S BROWN PHD | ||||||||||||||
| DIRECTOR | $0 | $404,667 | $0 | $13,240 | $0 | $6,011 | $0 | $87,251 | $0 | $14,008 | $0 | $525,177 | $0 | $0 |
| JOSHUA CARPENTER | ||||||||||||||
| PRESIDENT AND CEO (THRU 12/24) | $342,257 | $0 | $0 | $0 | $70,591 | $0 | $14,000 | $0 | $18,413 | $0 | $445,261 | $0 | $0 | $0 |
| OLIVER HAMPTON | ||||||||||||||
| CHIEF DATA OFFICER | $316,300 | $0 | $0 | $0 | $66,742 | $0 | $30,500 | $0 | $3,200 | $0 | $416,742 | $0 | $0 | $0 |
| ANUPAM AGARWAL | ||||||||||||||
| DIRECTOR | $0 | $242,301 | $0 | $1,240 | $0 | $3,460 | $0 | $56,346 | $0 | $5,010 | $0 | $308,357 | $0 | $0 |
| CORRINE AUGELLI-SZAFRAN | ||||||||||||||
| VP SCIENTIFIC PLATFORMS | $287,361 | $0 | $0 | $0 | $4,191 | $0 | $0 | $0 | $4,826 | $0 | $296,378 | $0 | $0 | $0 |
| KHALILAH BROWN | ||||||||||||||
| CHIEF MEDICAL OFFICER | $226,315 | $0 | $0 | $0 | $20,964 | $0 | $20,154 | $0 | $19,680 | $0 | $287,113 | $0 | $0 | $0 |
| DAVID RUTLEDGE | ||||||||||||||
| SENIOR ADVISOR OF FINANCE | $239,544 | $0 | $0 | $0 | $13,930 | $0 | $10,366 | $0 | $22,268 | $0 | $286,108 | $0 | $0 | $0 |
| MONICA W MASON | ||||||||||||||
| INTERIM VP CRO SERVICES | $205,807 | $0 | $0 | $0 | $32,306 | $0 | $30,500 | $0 | $10,738 | $0 | $279,351 | $0 | $0 | $0 |
| FUSATAKA KOIDE | ||||||||||||||
| DIRECTOR OF BUSINESS DEVELOPMENT | $150,102 | $0 | $64,026 | $0 | $27,457 | $0 | $26,579 | $0 | $7,704 | $0 | $275,868 | $0 | $0 | $0 |
| HARRY LEDEBUR JR | ||||||||||||||
| CHIEF OPERATING OFFICER | $164,692 | $0 | $0 | $0 | $67,579 | $0 | $30,500 | $0 | $0 | $0 | $262,771 | $0 | $0 | $0 |
| LESTER SMITH JR | ||||||||||||||
| CHIEF FINANCIAL OFFICER (THRU 6/24) | $102,258 | $0 | $0 | $0 | $125,132 | $0 | $18,690 | $0 | $11,845 | $0 | $257,925 | $0 | $0 | $0 |
| MARIANNE P NURRE | ||||||||||||||
| SR. CONTROLLER | $189,456 | $0 | $0 | $0 | $12,065 | $0 | $6,479 | $0 | $25,068 | $0 | $233,068 | $0 | $0 | $0 |
| ANNA BRANTLEY FRY | ||||||||||||||
| VP OF PEOPLE AND COMMUNITY (THRU 6/2 | $109,960 | $0 | $0 | $0 | $101,894 | $0 | $4,790 | $0 | $14,825 | $0 | $231,469 | $0 | $0 | $0 |
| JENNIFER PICKENS | ||||||||||||||
| DIRECTOR OF INFECTIOUS DISEASE | $185,674 | $0 | $0 | $0 | $8,634 | $0 | $8,000 | $0 | $20,552 | $0 | $222,860 | $0 | $0 | $0 |
| RICARDO BRITO | ||||||||||||||
| CHIEF OF STAFF | $176,083 | $0 | $0 | $0 | $11,796 | $0 | $11,400 | $0 | $2,518 | $0 | $201,797 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 4A | FormAndLineReferenceDesc |
| Explanation | JOSHUA CARPENTER - $15,223; ANNA FRY - $74,646, ABISHEL KULSHRESHTH - $22,067; LESTER SMITH - $79,742 | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE COOPERATIVE DISTRICT OF THE CITY OF BIRMINGHAM-SOUTHERN RESEARCH INST | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 273338884 | BondIssuerEIN |
| CUSIP | NONEAVAIL | CUSIPNum |
| Bond Issued | 2010-08-31 | BondIssuedDt |
| Issue Price | $20,000,000 | IssuePriceAmt |
| Purpose | SOUTHSIDE AND OXMOOR CAMPUS CAPITAL IMPROVEMENTS | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | Yes (1) | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $12,051,487 | RetiredAmt |
| Total Proceeds | $20,000,000 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $174,000 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $19,826,000 | CapitalExpendituresAmt |
| Substantial Completion | 2014 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | 0 | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | Yes (1) | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | Yes (1) | AnyResearchAgreementsInd |
| Engage Bond Counsel Research | Yes (1) | EngageBondCounselResearchInd |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | Yes (1) | ChangeInUseBondFinancedPropInd |
| Change In Use Bond Financed Prop | 0.01200 | ChangeInUseBondFinancedPropPct |
| Remedial Action Taken | 0 | RemedialActionTakenInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | Yes (1) | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE K, PART III, LINES 2, 3(C), 4, 5, 6, 7, 8(A), 8(B), 8(C) | THE ORGANIZATION'S OUTSTANDING BONDS WERE ISSUED AS "RECOVERY ZONE FACILITY BONDS" UNDER SECTION 1400U-1(B) OF THE INTERNAL REVENUE CODE. THE OUTSTANDING BONDS ARE CONSIDERED PRIVATE ACTIVITY BONDS AND THEREFORE PRIVATE BUSINESS USE AND PRIVATE PAYMENT AND SECURITY ARE NOT RELEVANT TO SUCH BONDS. |
| SCHEDULE K, PART III, LINE 9, PART IV, LINE 7 AND PART V: | THE ORGANIZATION BY ACTION OF ITS FINANCE COMMITTEE OF ITS BOARD OF DIRECTORS ON OCTOBER 30, 2014, ESTABLISHED WRITTEN PROCEDURES. |
| SCHEDULE K, PART IV, LINES 3, 4(A), 4(B), 4(C), 4(D), AND 4(E): | AS OF 9/22/2017, THE BOND ISSUE WAS CONVERTED FROM A VARIABLE RATE TO A FIXED RATE. DURING THE VARIABLE RATE PERIOD, THE ORGANIZATION ENTERED INTO A QUALIFIED HEDGE WITH RESPECT TO THE BOND ISSUE WITH BBVA COMPASS, WITH A TERM OF 6.0 YEARS. SUCH HEDGE TERMINATED BY ITS TERMS ON 9/1/2017. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 7A | THE DIRECTORS SHALL BE APPOINTED BY THE PRESIDENT OF THE UNIVERSITY OF ALABAMA AT BIRMINGHAM, A RELATED GOVERNMENTAL ENTITY, PROVIDED SUCH APPOINTMENT IS APPROVED BY THE BOARD OF TRUSTEES OF THE UNIVERSITY OF ALABAMA. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE GOVERNING DOCUMENTS STATE THAT THE ORGANIZATION MAY NOT ADOPT A PLAN OF MERGER, CONSOLIDATION OR DISSOLULTION AND CANNOT SELL, LEASE, EXCHANGE, MORTGAGE, PLEDGE OR OTHERWISE DISPOSE OF ALL OR SUBSTANTIALLY ALL OF THE ORGANIZATION'S ASSETS WITHOUT APPROVAL FROM THE BOARD OF TRUSTEES OF THE UNIVERSITY OF ALABAMA. FURTHERMORE, THE GOVERNING DOCUMENTS MAY NOT BE AMENDED WITHOUT PRIOR CONSENT FROM THE BOARD OF TRUSTEES OF THE UNIVERSITY OF ALABAMA. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE BOARD OF DIRECTORS HAS ADOPTED THE POLICY THAT THE FINANCE COMMITTEE WOULD REVIEW AND APPROVE THE FORM 990 PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | OFFICERS, DIRECTORS, AND KEY/HIGHLY COMPENSATED EMPLOYEES ARE REQUIRED TO DISCLOSE ANNUALLY ANY POTENTIAL CONFLICTS OF INTEREST OR CERTIFY THAT NO SUCH CONFLICTS EXIST. THE ORGANIZATION INVESTIGATES DISCLOSURES OF ANY POTENTIAL CONFLICTS AND TAKES STEPS TO MITIGATE THE OCCURRENCE OF ACTUAL CONFLICTS OF INTEREST. SHOULD A CONFLICT OF INTEREST OCCUR, THE OFFICER, DIRECTOR, AND KEY/HIGHLY COMPENSATED EMPLOYEE WILL BE EXCUSED FROM VOTING ON MATTERS ASSOCIATED WITH THE ENTITY THAT THE CONFLICT OF INTEREST AROSE WITH. |
| FORM 990, PART VI, SECTION B, LINE 15 | IN EARLY 2025, THE WILSON GROUP WAS ENGAGED TO CONDUCT A COMPETITIVE ASSESSMENT OF THE TOTAL CASH COMPENSATION FOR THE EXECUTIVE LEADERSHIP TEAM (ELT) OF SOUTHERN RESEARCH (SR). OF NOTE, THE WILSON GROUP HAS CONDUCTED SIMILAR STUDIES IN 2018, 2021, AND 2023. THE METHODOLOGY USED IN THIS ANALYSIS IS LIKE PREVIOUS COMPENSATION STUDIES CONDUCTED BY THIS TEAM. THIS UPDATED ANALYSIS HAS BEEN FACILITATED BY AN EXTERNAL HR CONSULTANT, ALESIA JONES, UNDER THE DIRECTION OF THE SR'S BOARD'S FINANCE COMMITTEE. |
| FORM 990, PART VI, SECTION C, LINE 19 | AS A GENERAL RULE, THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. ANY WRITTEN REQUEST BY THE PUBLIC WOULD BE REVIEWED AND ACTED UPON BY THE BOARD. |
| FORM 990, PART IX, LINE 11G | OUTSIDE SERVICES: PROGRAM SERVICE EXPENSES 2,356,222. MANAGEMENT AND GENERAL EXPENSES 1,009,809. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,366,031. CONSULTANTS: PROGRAM SERVICE EXPENSES 1,377,510. MANAGEMENT AND GENERAL EXPENSES 590,361. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,967,871. OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 21. MANAGEMENT AND GENERAL EXPENSES 9. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 30. |
| FORM 990, PART XII, LINE 2C: | THE FINANCE COMMITTEE OF THE ORGANIZATION ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Exempt Code SectionExemptCodeSectionTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|---|
| UNIVERSITY OF ALABAMA AT BIRMINGHAM | ||||||||||
| 1530 THIRD AVENUE SOUTH | BIRMINGHAM | AL | 352941150 | 636005396 | HIGHER EDUCATON FACILITY | AL | N/A | 0 | ||
| SOUTHERN RESEARCH INSTITUTE VEBA | ||||||||||
| 2000 NINTH AVENUE SOUTH | BIRMINGHAM | AL | 352052708 | 562439567 | VOLUNTARY EMPLOYEE BENEFIT ASSOCIATION | AL | 0 | 501(C)(9) | SOUTHERN RESEARCH INSTITUTE | |
| THE BOARD OF TRUSTEES OF THE UNIVERSITY OF ALABAMA | ||||||||||
| 500 UNIVERSITY BLVD EAST | TUSCALOOSA | AL | 35401 | 636001138 | HIGHER EDUCATON FACILITY | AL | N/A | 0 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |