2026-08-12T09:43:55-00:00 2025-09-30 150589832 SRC Inc 7502 Round Pond Road North Syracuse NY 13212 990 2024-10-01 811355443 SRC International Inc SRCI 3154528000 7502 Round Pond Road North Syracuse NY 13212 Daniel Aird Treasurer 3154528000 2026-08-12 true true Robert O Young P00716597 3157207259 2026-08-12 2024 2025-03-06 01:10:19Z Daniel Aird 7502 Round Pond Road North Syracuse NY 13212 0 false X www.srcinc.com X 2016 NY The Corporations primary activity involves holding one hundred percent of the ownership interests in international entities acquired or formed on behalf of SRC, Inc. for the purpose of conducting scientific research 3 0 0 0 0 0 0 0 0 0 0 12000 12000 0 0 2418831 2475161 2430831 2487161 -2430831 -2487161 7720254 7720004 0 7720254 7720004 The Corporation operates as a supporting organization, organized and operated exclusively for the benefit of SRC, Inc. false false 2487161 Expenses arising in connection with acquiring and forming international entities that will conduct scientific research and development activities in foreign Countries. 2487161 true false false false false false false false false false false false true false false true false true false false false false false false false false false false false true false false false false false false false false false false false false true true true true false false true 0 0 true 0 false false false false false false false false false false false false X 3 0 true false false false true true false true true false false true true true true true true false false false NY X Daniel Aird 3154528000 7502 Round Pond Road Nort Syracuse NY 13212 X Joseph T Lauko Chairperson 001.00 040.00 X 0 1237828 157527 Mary L Snyder Former Secretary 040.00 X 0 920198 123442 Gwendolyn Skyles Trustee 001.00 040.00 X 0 623908 65827 Kevin Unger General Manager 001.00 040.00 X 0 486497 69505 Daniel Aird Treasurer 001.00 040.00 X 0 273885 33912 Robinson Lingo Secretary 001.00 040.00 X 0 197420 20974 Anthony Mitchell Trustee 001.00 001.00 X 12000 160000 0 12000 3899736 471187 true true false 0 0 0 0 0 12000 12000 0 0 0 0 0 0 0 0 14711 14711 0 0 0 0 0 0 0 33655 33655 0 0 0 0 0 0 Parent Shared Services 2422637 2422637 Meals Entertainment 3908 3908 NYS Filing Fee 250 250 0 2487161 2487161 0 0 740 490 7719514 7719514 7720254 7720004 0 0 X 14100707 16587619 -6380453 -8867615 7720254 7720004 7720254 7720004 X -2487161 2486911 X false true X true false X X 1 SRC Inc 150589832 10 true 0 0 1 0 true false false false false false false false false false false false false false false false true false false Financial derivatives and other financial products Closely-held equity interests Investment in For-Profit Subsidiary 7719514 C 7719514 Federal income taxes X 2487161 2487161 2487161 X 21 The provisions of ASC 740, Income Taxes, provide recognition criteria and a related measurement model for tax positions taken by the Company. In accordance with ASC 740, a tax position is a position in a previously filed tax return, or a position expected to be taken in a future tax filing that is reflected in measuring current or deferred income tax assets and liabilities. Tax positions are recognized only when it is more likely than not likelihood of greater than 50, based on technical merits, that the position would be sustained upon examination. Tax positions that meet the more likely-than-not threshold are measured using a probability-weighted approach as the largest amount of tax benefit that is greater than 50 likely of being realized upon settlement. No liability for uncertain tax positions was recorded by the Company as of September 30, 2025, and 2024. With few exceptions, the Company is no longer subject to income tax examinations by the U.S. federal, state or local tax authorities for the years ended September 30, 2021, and prior. The foreign taxing authority rules differ by country. The foreign entities are no longer subject to income tax examinations by their federal or local tax authorities for years ended September 30, 2021, and prior. X X X X true true X X X X X false true false false true false true false false Joseph T Lauko Chairperson 431560 751430 54838 119580 37947 1395355 42863 Gwendolyn Skyles Trustee 410852 207614 5442 62513 3314 689735 Anthony Mitchell Trustee 12000 160000 12000 160000 Kevin Unger General Manager 334349 150441 1707 49461 20044 556002 Daniel Aird Treasurer 223724 47878 2283 27338 6574 307797 Robinson Lingo Secretary 170238 26668 514 20348 626 218394 Mary L Snyder Former Secretary 400294 517198 2706 92928 30513 1043639 Part I Line 1a The Related Company may Charter a plane for a trip that requires a group of employees to travel to a specific location. An officer, key employee, or one of the five highest paid employees could be part of that group. A charter will only be booked if it results in lower costs than a commercial flight at standard coach fares for all in the group. Officers, key employees, and the five highest paid employees may fly first class if and only if a free upgrade is used, no coach or business class accommodations are reasonably available, there is a documented medical need, or the person is traveling on an excessively long foreign trip. Part I Line 1a The Related Company may provide travel for companions for required Company related functions. The cost of such travel is included in the officer, key employee. or five highest paid employees compensation. Part I Line 1a The Related Company provides certain taxable fringe benefits that are grossed-up for payroll reporting. The full value of these benefits has been included in the officer, key employee, or five highest paid employees compensation. Part I Line 1a The Related Company has a fitness reimbursement policy that allows all employees of SRC to receive a reimbursement of health fees up to 250 per year. The full value of these benefits has been included in the officer, key employee, or five highest paid employees compensation. Part I Line 4b The Related Company provides a funded Section 457f nonqualified restoration plan that allows for participation by board-approved senior management. The Company contributes 10 of annual compensation above the IRS compensation limits each year. Plan contributions are held in investment funds with a local investment Bank. The plan assets are owned by the Company until the participant has reached the selected vesting date. Part I Line 4b Contributions into the Section 457f plan made by the related Organization for the current year are as follows Joseph Lauko 85,080 Mary Snyder 58,428 Kevin Unger 14,961 and Gwendolyn Sykes 28,013. Part I Line 5b The Related Company provides various incentive compensation plans of which all the officers, key employees, and some of the five highest paid compensated employees participate in. The incentive compensation plans are a balance score card approach of which one of the metrics of the calculation is based on revenues. Part I Line 6b The Related Company provides various incentive compensation plans of which all the officers, key employees, and some of the five highest paid compensated employees participate in. The incentive compensation plans are a balance score card approach of which one of the metrics of the calculation is based on earnings. Part II All compensation disclosed on Schedule J is for compensation received by the Officers for services provided to SRC, Inc. None of the compensation earned at SRC, Inc. is directly allocated to SRC International, Inc. Form 990, Part VI, Section A, Line 2 Business Relationships between Officers, Directors, Trustees, and Key Employees Gwendolyn Sykes, Trustee Joseph Lauko, Chairperson Mary Snyder, Former Secretary Robinson Lingo, Secretary Daniel Aird, Treasurer and Kevin Unger, General Manager are all Officers or employees of SRC, Inc. Anthony Mitchell is a current Trustees of SRC, Inc. Form 990, Part VI, Section A, Line 6 7 Members or stockholders who had the power to elect or appoint members of the governing body - SRC International, Inc. was formed to be a support organization of SRC, Inc. its sole member. SRC, Inc. has the power to appoint members of the governing body. Form 990, Part VI, Section B, Line 11b Process used to review Form 990 The Form 990 of SRC International, Inc. is prepared by the Finance staff and provided to senior management for review prior to filing. The Form 990 is also provided to all members of the SRC International, Inc.s Board of Trustees prior to filing for review and comments. All questions and comments by senior management and the Board of Trustees were addressed prior to filing. Form 990, Part VI, Section B, Line 12c Written Conflict of Interest Policy Conflict of Interest disclosure statements are completed annually by all members of the Board of Trustees and Officers of SRC International, Inc. Once the disclosures statements have been collected, the statements are reviewed by members of the legal office. All reported potential conflicts of interest are evaluated and discussed among the parties. Board of Trustee members and Officers are required to disclose a conflict of interest and recuse themselves from voting on or otherwise discharging their duties with respect to any matter involving the conflict which comes before the Board or prior to entering any contract or transaction involving the conflict. Form 990, Part VI, Section B, Line 15a 15b Process for Determining Compensation The Compensation for all Officers of SRC, Inc. is recommended by the Personnel and Compensation Committee of the Board and approved by the Board of Trustees. The Personnel and Compensation Committee members are all outside Board of Trustee members. Annually, Human Resources is responsible for providing to the Personnel and Compensation Committee and the Board of Trustees a compensation study which is conducted by an independent third party. The compensation study that is obtained from the independent compensation consultant provides a reasonableness opinion, advice on the current Officers compensation, and a comparability study which is used to aid in determining the Key employees salaries. Form 990, Part VI, Section B, Line 16b SRC International, Inc. has adopted a written policy requiring the organization to evaluate all potential participation in Joint Venture arrangements under applicable federal tax law and has procedures in place to safeguard the organizations exempt status with respect to potential arrangements. SRC International, Inc. did not invest in, contribute assets to or participate in a Joint Venture or similar arrangement with any entity during the current year. Form 990, Part VI, Section C, Line 19 Public Inspection of Form 990 and Governing Documents SRC International, Inc. makes its Form 1023 and Form 990 available for public inspection upon request. SRC International, Incs governing documents, conflict of interest policy, and audited financial statements are not routinely made available to the general public. Form 990, Part VII, Section A, Line 1a Anthony Mitchell is the only Board members or Officer that received compensation for services provided to SRC International, Inc. All other compensation disclosed is for compensation received by the Officers for services provided to SRC, Inc. None of the compensation earned at SRC, Inc. is directly allocated to SRC International, Inc. Form 990, Part XI, Line 9 Reconciliation of Net Assets Other Changes in net assets or fund balances - Increase in Net Assets due to a capital contribution made by the Parent Company of 2,486,911. Syracuse Research LLC 7502 Round Pond Raod North Syracuse NY 13212 300560841 Holding Company NY SRC Inc SRCTec LLC 5801 East Taft Road North Syracuse NY 13212 472818916 Manufacturing NY SRC Ventures Inc SRC Inc 7502 Round Pond Road North Syracuse NY 13212 150589832 Research Development NY 501c3 509a2 N/A false SRC Ventures Inc 7502 Round Pond Road North Syracuse NY 13212 800946320 Holding Company NY SRC Inc C Corp 10758493 189713711 true false false true false false false false false false false false false true false false false false false false SRC Inc c 2486911 Book Value SRC Inc m 127086 Book Value SRC Inc m 2359825 Book Value Part V Line 1c In the current year SRC, Inc. transferred 2,486,911 to SRC International, Inc. as a Capital Contribution. Part V Line 1m Provision of general and administrative services from SRC, Inc. to SRC International, Inc. including reimbursement of associated costs. Labor 77,256 Expense 49,563 Fee 0. Part V Line 1m Provision of general and administrative services from SRC, Inc. to SRC International, Inc. for shared services allocated between SRC, Inc. and Affiliates 2,359,825.