ULSE Inc (FKA ULS Inc)
- Assets
- $855.5m
- Revenue
- $7.8b
- Investments
- $838.9m
- Employees
- 226
- Location
- Northbrook, IL
- Founding
- Data as of
- 12/2021
- EIN
- 30-1211139
Organization Overview
ULSE Inc (FKA ULS Inc) is located in Northbrook, IL. As of 12/2021, ULSE Inc (FKA ULS Inc) employed 226 individuals. ULSE Inc (FKA ULS Inc) is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
Form
990
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
ULSE INC. DEVELOPS AND PUBLISHES CONSENSUS STANDARDS THAT HELP GUIDE THE SAFETY AND SUSTAINABILITY OF NEW AND EVOLVING PRODUCTS, TECHNOLOGIES, AND SERVICES THAT RANGE FROM HOUSEHOLD APPLIANCES, SMOKE ALARMS, AND BATTERIES TO BUILDING MATERIALS, CYBERSECURITY, AND AUTONOMOUS VEHICLES FOR THE BENEFIT OF THE PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
T Rivelli Svp, Clo, Secretary | Officer | 20 | $48,273 |
P Piqueira VP | Officer | 1 | $19,637 |
D Wroth Director- Data Science | 1 | $18,416 | |
S Bird Director- Int Standards | 1 | $17,160 | |
R Olesen Manager | 1 | $17,049 | |
G Borlase Director- Standards Program | 1 | $16,903 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $7,632,896,943 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $7,632,896,943 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,632,896,943 |
| Total Program Service Revenue | $2,249,869 |
| Investment income | $200,000,554 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,835,147,366 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $95,815 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,358,464 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $50,568 |
| Payroll taxes | $42,398 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $37,226 |
| Fees for services: Accounting | $82,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $369,679 |
| Advertising and promotion | $38,702 |
| Office expenses | $44,997 |
| Information technology | $1,915 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,028 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,858,165 |
| Payments to affiliates | $31,555 |
| Depreciation, depletion, and amortization | $17,361 |
| Insurance | $10,570 |
| All other expenses | $2,437 |
| Total functional expenses | $5,930,940 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,402,556 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,541,625 |
| 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 | $113,621 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $838,932,120 |
| Investments—program-related | $0 |
| Intangible assets | $533,938 |
| Other assets | $215 |
| Total assets | $855,524,075 |
| Accounts payable and accrued expenses | $6,327,200 |
| Grants payable | $0 |
| Deferred revenue | $777,678 |
| 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 | $0 |
| Other liabilities | $1,020,460,276 |
| Total liabilities | $1,027,565,154 |
| Net assets without donor restrictions | -$172,041,079 |
| Net assets with donor restrictions | $0 |
| 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 | $855,524,075 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that ULSE Inc (FKA ULS Inc) has recieved totaling $7,632,896,943.
| Awarding Organization | Amount |
|---|---|
Underwriters Laboratories Inc Northbrook, IL PURPOSE: CONTRIBUTION | $7,632,896,943 |
View Grant Recipient Profile
Peer Organizations
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|---|---|---|
Chinese American Service League Inc Chicago, IL | $15,835,299 | $20,315,146 |
Sholom Home East Inc St Paul, MN | $55,805,227 | $20,264,604 |
Leavenworth-Jefferson Electric Cooperative Inc Topeka, KS | $0 | $20,178,550 |
Dow Rummel Village Sioux Falls, SD | $76,421,386 | $18,523,416 |
Nebraska Student Loan Program Inc Lincoln, NE | $230,624,169 | $45,453,979 |
Botsford Continuing Care Corporation Southfield, MI | $28,554,348 | $16,692,642 |
American Association Of Orthopaedic Surgeons Of America Rosemont, IL | $21,165,468 | $24,653,127 |
Blackburn University Carlinville, IL | $69,417,787 | $20,572,819 |
Community Support Services Inc Akron, OH | $23,036,222 | $26,517,082 |
Montgomery Place Chicago, IL | $31,885,880 | $16,111,662 |
Region 3b Area Agency On Aging Battle Creek, MI | $12,282,051 | $21,229,876 |
Southwest Counseling Solutions Inc Detroit, MI | $10,435,524 | $23,926,279 |