Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
Graphic Arrow Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
Graphic Arrow Attach to Form 990.
Graphic Arrow Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2020
Open to Public Inspection
Name of the organization
Southwest Research Institute
 
Employer identification number

74-1070544
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
b
If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .....
1b
Yes
 
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ....
2
Yes
 
3
Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.
4
During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment? .............
4a
 
No
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........
4b
Yes
 
c
Participate in, or receive payment from, an equity-based compensation arrangement? .........
4c
 
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.
5
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization? ....................
5a
 
No
b
Any related organization? .......................
5b
 
No
If "Yes," on line 5a or 5b, describe in Part III.
6
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization? ..................
6a
 
No
b
Any related organization? ......................
6b
 
No
If "Yes," on line 6a or 6b, describe in Part III.
7
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
Yes
 
8
Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III ..........................
8
 
No
9
If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
 
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50053T
Schedule J (Form 990) 2020
Page 2

Schedule J (Form 990) 2020
Page 2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.
For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.
(A) Name and Title (B) Breakdown of W-2 and/or 1099-MISC compensation (C) Retirement and other deferred compensation (D) Nontaxable
benefits		 (E) Total of columns
(B)(i)-(D) 		(F) Compensation in column (B) reported as deferred on prior Form 990
(i) Base
compensation 		(ii) Bonus & incentive
compensation 		(iii) Other reportable compensation
1Adam Hamilton
President and CEO 		(i)

(ii)		 841,469
-------------
0 		296,400
-------------
0 		115,272
-------------
0 		28,596
-------------
0 		30,036
-------------
0 		1,311,773
-------------
0 		0
-------------
0
2Walter D Downing Jr
Exec. Vice Pres. and COO 		(i)

(ii)		 610,343
-------------
0 		188,177
-------------
0 		89,859
-------------
0 		28,596
-------------
0 		23,054
-------------
0 		940,029
-------------
0 		0
-------------
0
3James L Burch
Vice President 		(i)

(ii)		 418,235
-------------
0 		88,519
-------------
0 		136,791
-------------
0 		28,596
-------------
0 		26,691
-------------
0 		698,832
-------------
0 		0
-------------
0
4Sol A Stern
Associate Vice President 		(i)

(ii)		 488,010
-------------
0 		0
-------------
0 		10,173
-------------
0 		28,596
-------------
0 		30,887
-------------
0 		557,666
-------------
0 		0
-------------
0
5Beth Ann Rafferty
CFO and Secretary 		(i)

(ii)		 376,302
-------------
0 		86,215
-------------
0 		44,194
-------------
0 		28,596
-------------
0 		19,609
-------------
0 		554,916
-------------
0 		0
-------------
0
6Steven D Marty
Vice President 		(i)

(ii)		 330,219
-------------
0 		103,560
-------------
0 		35,513
-------------
0 		28,596
-------------
0 		22,338
-------------
0 		520,226
-------------
0 		0
-------------
0
7Scott J Bolton
Associate Vice President 		(i)

(ii)		 442,999
-------------
0 		0
-------------
0 		9,571
-------------
0 		28,596
-------------
0 		31,149
-------------
0 		512,315
-------------
0 		0
-------------
0
8Mary Massey
Vice President 		(i)

(ii)		 318,658
-------------
0 		93,016
-------------
0 		36,813
-------------
0 		28,596
-------------
0 		17,864
-------------
0 		494,947
-------------
0 		0
-------------
0
9Daniel W Stewart
Vice President 		(i)

(ii)		 334,132
-------------
0 		82,727
-------------
0 		15,277
-------------
0 		28,596
-------------
0 		28,232
-------------
0 		488,964
-------------
0 		0
-------------
0
10Danny M Deffenbaugh
Vice President 		(i)

(ii)		 346,923
-------------
0 		68,709
-------------
0 		23,451
-------------
0 		28,596
-------------
0 		19,974
-------------
0 		487,653
-------------
0 		0
-------------
0
11C Nils Smith
Vice President 		(i)

(ii)		 333,311
-------------
0 		75,947
-------------
0 		15,965
-------------
0 		28,596
-------------
0 		28,321
-------------
0 		482,140
-------------
0 		0
-------------
0
12William M Thompson
President-Signature Science 		(i)

(ii)		 369,472
-------------
0 		80,000
-------------
0 		902
-------------
0 		8,550
-------------
0 		21,106
-------------
0 		480,030
-------------
0 		0
-------------
0
13Robin Mihran
Assistant Vice President 		(i)

(ii)		 394,127
-------------
0 		0
-------------
0 		24,577
-------------
0 		28,596
-------------
0 		26,796
-------------
0 		474,096
-------------
0 		0
-------------
0
14Michael A Regester
Vice President-Signature Science 		(i)

(ii)		 297,129
-------------
0 		138,058
-------------
0 		902
-------------
0 		8,550
-------------
0 		17,909
-------------
0 		462,548
-------------
0 		0
-------------
0
15Steven W Dellenback
Vice President 		(i)

(ii)		 313,576
-------------
0 		71,760
-------------
0 		13,840
-------------
0 		28,596
-------------
0 		23,940
-------------
0 		451,712
-------------
0 		0
-------------
0
16Michael MacNaughton
Vice President 		(i)

(ii)		 288,442
-------------
0 		30,114
-------------
0 		40,959
-------------
0 		28,596
-------------
0 		3,355
-------------
0 		391,466
-------------
0 		0
-------------
0
17J Dan Bates-See Sch J Part III
Director/Former Pres- Ret. 		(i)

(ii)		 0
-------------
0 		0
-------------
0 		370,911
-------------
0 		0
-------------
0 		0
-------------
0 		370,911
-------------
0 		29,179
-------------
0
18Paul Easley
Vice President 		(i)

(ii)		 264,651
-------------
0 		39,626
-------------
0 		7,236
-------------
0 		27,179
-------------
0 		20,407
-------------
0 		359,099
-------------
0 		0
-------------
0
19Monica R Trollinger
General Counsel 		(i)

(ii)		 253,025
-------------
0 		37,500
-------------
0 		4,203
-------------
0 		26,398
-------------
0 		30,095
-------------
0 		351,221
-------------
0 		0
-------------
0
20Wesley C Patrick
Former-V.P. Eff. Feb.2017 		(i)

(ii)		 263,698
-------------
0 		0
-------------
0 		30,986
-------------
0 		28,596
-------------
0 		22,881
-------------
0 		346,161
-------------
0 		0
-------------
0
21Anthony Magaro
Vice President 		(i)

(ii)		 206,288
-------------
0 		33,424
-------------
0 		30,665
-------------
0 		23,230
-------------
0 		23,284
-------------
0 		316,891
-------------
0 		0
-------------
0
22Kenneth H Bennett Jr
Vice President 		(i)

(ii)		 255,370
-------------
0 		25,020
-------------
0 		4,643
-------------
0 		25,596
-------------
0 		3,391
-------------
0 		314,020
-------------
0 		0
-------------
0
23Linda Boehme
Treasurer 		(i)

(ii)		 226,132
-------------
0 		33,259
-------------
0 		7,806
-------------
0 		23,102
-------------
0 		21,770
-------------
0 		312,069
-------------
0 		0
-------------
0
Schedule J (Form 990) 2020
Page 3

Schedule J (Form 990) 2020
Page 3
Part III
Supplemental Information
Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.
Return Reference Explanation
Part I, Line 1a First class or charter travel: The Institute's travel policy generally does not permit first class travel. There are a small number of exceptions for approved medical conditions or other business required special circumstances. Tax indemnification and gross-up payments: SwRI provided additional cash compensation (reported on the W-2 and Schedule J) to partially offset the economic impact of a grandfathered taxable benefit to one officer. This represents .30% of total officer compensation. Health or social club dues/fees: SwRI pays the membership cost for two officers at two social clubs to use for business meetings. Any personal charges are paid by the officers.
Part I, Line 4b Also referencing Form 990, Part VII, Sec. A., Col. (D) and Schedule J, Part II, Col. (B)(iii) and (F) regarding J. Dan Bates. The Institute has a noncontributory defined benefit pension plan, which is a grandfathered 457 plan, that was granted to Institute officers who were employed as of April 30, 1981. Benefits are provided through a group annuity contract. The last active participant, J. Dan Bates, retired in September, 2014. He will receive a monthly benefit for his lifetime, with a twenty-year guarantee. The actual benefit paid in 2020 was $301,981. Additionally, he received distributions from the Institute's Sec. 457(b) Plan of $29,179 and Director's Fees of $39,750.
Part I, Line 7 The Institute has an Annual Incentive Compensation Plan for officers which is subject to oversight by the Compensation Committee of the Board of Directors. The Plan is based on the Institute's mission and uses both strategic and operational performance metrics as the basis for non-fixed payments, if any. All amounts paid under the Annual Incentive Compensation Plan are determined, reviewed and approved by the Board Compensation Committee. Incentive compensation is paid to other employees, including two of the five highest compensated employees, as determined by internal management. Amounts paid during calendar year 2020 are shown on Sch. J, Part II, Col. (B)(ii).
Schedule J (Form 990) 2020

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