Batavia, IL
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Sign In — Free (10 views/day)Fermi Research Alliance LLC, founded in 2006, is a major nonprofit in the Science & Technology sector that reported $715.5M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.
The organization's primary exempt purpose is the management and operation of the Fermi National Accelerator Laboratory ("Fermilab") in Batavia, Illinois, an international scientific user facility owned by the U.S. Department of Energy at which the fundamental nature of matter and energy is studied.
THE U.S. DEPARTMENT OF ENERGY (DOE) AWARDED THE MANAGEMENT AND OPERATING CONTRACT FOR FERMI NATIONAL ACCELERATOR LABORATORY (FERMILAB) TO FRA, LLC, EFFECTIVE JANUARY 1, 2007-December 31,2025. FRA...
THE U.S. DEPARTMENT OF ENERGY (DOE) AWARDED THE MANAGEMENT AND OPERATING CONTRACT FOR FERMI NATIONAL ACCELERATOR LABORATORY (FERMILAB) TO FRA, LLC, EFFECTIVE JANUARY 1, 2007-December 31,2025. FRA BUILDS ON UNIVERSITIES RESEARCH ASSOCIATION'S 50-YEAR RECORD OF PERFORMANCE IN THE MANAGEMENT AND OPERATION OF FERMILAB; AND THE UNIVERSITY OF CHICAGO'S LEADERSHIP OF ARGONNE NATIONAL LABORATORY (ANL) SINCE ITS FOUNDING. THE FRA TEAM BRINGS RESOURCES, COLLABORATIONS, AND BEST PRACTICES TO ADDRESS THE LABORATORY'S CHALLENGES AND OPPORTUNITIES. FRA SUPPORTS THE LABORATORY'S LONG-TERM VISION AND TOTAL COMMITMENT TO DISCOVERY, THE DOE SCIENTIFIC MISSION, AND ENSURING OUR NATION'S CONTINUED PREEMINENCE IN PARTICLE PHYSICS. Presently, Fermilab's primary ten-year goal is to establish a world-leading neutrino science program led by the Long-Baseline Neutrino Facility and Deep Underground Neutrino Experiment (LBNF/DUNE). LBNF/DUNE advances the Particle Physics Project Prioritization Panel (P5) plan by establishing the first phase of this facility with a new beamline and a far detector sited deep underground in South Dakota in the 2020s. As Fermilab steps into this new role as host lab for LBNF/DUNE, the organizational structure is adjusting to support the scientists, students, technicians and engineers who are and will be working at the Sanford Underground Research Facility (SURF) in South Dakota. The laboratory has established a new Fermilab division, the South Dakota Operations Division, which is based full-time at SURF to provide the same range of operational and support services that exist at Fermilab's main campus in Batavia, IL. In addition, Fermilab's major initiatives include leading one of the five DOE National Quantum Information Science (QIS) Research Centers. The Superconducting Quantum Materials and Systems Center (SQMS) has the concrete and ambitious goal to develop, build, and deploy the first quantum computer at Fermilab. The SQMS Center and other Fermilab efforts are producing high-impact results in quantum computing, networking, and sensing and growing collaborations with universities, laboratories, and industry leaders in QIS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $715,499,867 | $658,749,338 | +0.1% |
| Expenses | $715,592,349 | $658,194,829 | +0.1% |
| Net Income | $-92,482 | $554,509 | -1.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Andrea Meloni | Director | 2.0 |
Director
|
$0 | $0 | $0 |
| David Mark | Director | 2.0 |
Director
|
$0 | $0 | $0 |
| Hardik Bhatt | Director | 2.0 |
Director
|
$0 | $0 | $0 |
| Henry Bartoli | Director | 2.0 |
Director
|
$0 | $0 | $0 |
| Jack Anderson | Director | 2.0 |
Director
|
$0 | $0 | $0 |
| Jimmy Samartzis | Director | 2.0 |
Director
|
$0 | $0 | $0 |
| John Mester | URA President | 2.0 |
Director
|
$0 | $72,624 | $565,851 |
| John Womersley | Director Through 01/05/2024 | 2.0 |
Director
|
$0 | $0 | $0 |
| Joseph Incandela | Director | 2.0 |
Director
|
$0 | $0 | $0 |
| Juan de Pablo | Director Through 9/16/2024 | 2.0 |
Director
|
$0 | $65,839 | $949,250 |
| Maxine Savitz | Director | 2.0 |
Director
|
$0 | $0 | $0 |
| Paul Alivisatos | Chairman | 2.0 |
Director
|
$0 | $48,681 | $1,899,536 |
| Randy Hultgren | Director | 2.0 |
Director
|
$0 | $0 | $0 |
| Rolf Heuer | Director | 2.0 |
Director
|
$0 | $0 | $0 |
| Satyan Pitroda | Director | 2.0 |
Director
|
$0 | $0 | $0 |
| William H Joyce | Vice Chairman | 1.0 |
Director
|
$0 | $0 | $0 |
| Beth Fancsali | Interim General Counsel and FRA Secretary | 40.0 |
Officer
|
$253,090 | $37,609 | $290,699 |
| FABI Delgado | FINANCIAL OFFICER | 2.0 |
Officer
|
$0 | $39,815 | $351,786 |
| Nikolitsa Lia Merminga | President | 40.0 |
Officer
|
$698,657 | $20,992 | $719,649 |
| Alexander Valishev | Associate Lab Director | 40.0 |
Key Emp
|
$249,531 | $62,599 | $312,130 |
| Bonnie Fleming | Deputy Director/Chief Research Officer | 40.0 |
Key Emp
|
$496,917 | $68,335 | $565,252 |
| Christopher Mossey | Deputy Lab Director for LBNF/DUNE-US THROUGH 04/18/2024 | 40.0 |
Key Emp
|
$375,313 | $33,000 | $408,313 |
| Jon Bakken | Division Head | 40.0 |
Key Emp
|
$242,002 | $51,963 | $293,965 |
| Kevin Burkett | Head of Particle Physics Division | 40.0 |
Key Emp
|
$246,186 | $50,427 | $296,613 |
| Mark Jeffers | FESS Section Head | 40.0 |
Key Emp
|
$237,608 | $59,987 | $297,595 |
| Scott Tingey | Deputy Lab Director and COO through 12/30/2023 | 40.0 |
Key Emp
|
$494,794 | $33,000 | $527,794 |
| Susan Simpkins | Chief Financial Officer Deputy through 3/16/2024 | 40.0 |
Key Emp
|
$259,901 | $67,395 | $327,296 |
| Teresa Ann Nightengale | Fermilab CFO through 3/2/2024 | 40.0 |
Key Emp
|
$359,484 | $37,982 | $397,466 |
| JOSEPH LYKKEN | Hd of Fermi Quantum Institute | 40.0 |
Highest
|
$326,271 | $57,496 | $383,767 |
| Martha Michels | Dir of Cont Assur & Perf Mgmt | 40.0 |
Highest
|
$326,736 | $44,773 | $371,509 |
| Richard Goffi | Director of Strategic Planning | 40.0 |
Highest
|
$364,781 | $70,524 | $435,305 |
| Richard P Stanek | SQMS Deputy Proj Director through 6/1/2024 | 40.0 |
Highest
|
$306,784 | $58,563 | $365,347 |
| Stephen Gourlay | Division Head | 40.0 |
Highest
|
$290,506 | $26,445 | $316,951 |
| Alexander Romanenko | FORMER Chief Technology Officer | 40.0 |
|
$240,761 | $60,261 | $301,022 |
| Elizabeth Sexton-Kennedy | FORMER Chief Information Officer | 40.0 |
|
$237,702 | $36,026 | $273,728 |
| Gregory Bock | FORMER Deputy Chief of Research | 40.0 |
|
$211,599 | $47,387 | $258,986 |
| John Myer | Former General Counsel and Secretary through 4/29/2023 | 40.0 |
|
$174,037 | $45,778 | $219,815 |
| Luciano Ristori | Former Chief Research Officer | 40.0 |
|
$179,590 | $43,079 | $222,669 |
| Marc Kaducak | FORMER ACTING PROJECT DIR FOR PIP-II | N/A |
|
$105,799 | $22,519 | $128,318 |
| Mary Jo E Lyke | FORMER FRA Senior Budget Manager | 40.0 |
|
$184,302 | $41,433 | $225,735 |
| NIGEL LOCKYER | FORMER PRESIDENT through 4/18/2023 | 0.0 |
|
$216,962 | $18,563 | $235,525 |
| Patricia McBride | Former Particle Physics Division Head | 40.0 |
|
$262,626 | $9,456 | $272,082 |
| Ronald Ray | Former Mu2e Project Manager | 40.0 |
|
$230,321 | $45,688 | $276,009 |
| Sergey Belomestnykh | Former Chief Technology Officer | 40.0 |
|
$263,379 | $52,903 | $316,282 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2024 | $715,499,867 | $715,592,349 | $18,880,484 | $-92,482 |
| 2023 | $658,749,338 | $658,194,829 | $14,532,147 | $554,509 |
| 2022 | $593,848,536 | $591,229,941 | $13,250,391 | $2,618,595 |
| 2021 | $577,062,640 | $574,388,053 | $13,763,706 | $2,674,587 |
| 2020 | $512,797,198 | $510,031,928 | $10,785,834 | $2,765,270 |
| 2019 | $478,201,204 | $475,835,159 | $8,704,566 | $2,366,045 |
| 2018 | $416,675,962 | $414,367,753 | $7,697,336 | $2,308,209 |
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