TY 2022 Form 990

- TIN:

Form990

Department of the TreasuryInternal Revenue Service

Return of Organization Exempt From Income Tax

Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)

Do not enter social security numbers on this form as it may be made public.

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2021

Open to Public Inspection

A For the 2021 calendar year, or tax year beginning 01-01-2022 , and ending 12-31-2022

BCheck if applicable: Address change Name change Initial return Final return/terminated Amended return Application pending

CName of organization
UNDERWRITERS LABORATORIES INC

% RON BLAUSTEIN

Doing business as
UL RESEARCH INSTITUTES

Number and street (or P.O. box if mail is not delivered to street address)
1603 Orrington Ave Suite Unit 17

Room/suite

City or town, state or province, country, and ZIP or foreign postal code
EVANSTON, IL60201

D Employer identification number

36-1892375

E Telephone number

G Gross receipts $ 203,831,605

F Name and address of principal officer:
Ron Blaustein
1603 Orrington Ave Unit 17
EVANSTON,IL60201

Tax-exempt status: 501(c)(3) 501(c) ( ) LeftBullet

(insert no.) 4947(a)(1) or 527

Website:

WWW.UL.ORG

H(a)

Is this a group return for
subordinates? Yes No

H(b)

Are all subordinates
included?

Yes No

If "No," attach a list. See instructions.

H(c)

Group exemption number MediumBullet

K Form of organization: Corporation Trust Association Other MediumBullet

L Year of formation: 1936

M State of legal domicile: DE

Part I

Summary

1	Briefly describe the organization’s mission or most significant activities: SEE SCHEDULE O
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	9
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	8
5	Total number of individuals employed in calendar year 2021 (Part V, line 2a) ......	5	137
6	Total number of volunteers (estimate if necessary) .............	6	0
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	86,346
b	Net unrelated business taxable income from Form 990-T, Part I, line 11 .........	7b	79,346

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	1,094,530	2,224,293
9	Program service revenue (Part VIII, line 2g) .........	16,307,513	0
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	1,201,860,575	-583,554
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	5,679,134	174
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	1,224,941,752	1,640,913
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	7,634,854,046	5,737,528
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	23,807,855	21,989,730
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	30,568,777	31,476,588
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	7,689,230,678	59,203,846
19	Revenue less expenses. Subtract line 18 from line 12.......	-6,464,288,926	-57,562,933
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	1,099,187,241	950,640,126
21	Total liabilities (Part X, line 26).............	14,630,209	10,133,425
22	Net assets or fund balances. Subtract line 21 from line 20.....	1,084,557,032	940,506,701

Part II

Signature Block

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.

Sign Here

	Signature of officer	Date

	Type or print name and title

Paid Preparer Use Only

Print/Type preparer's name

Preparer's signature

Date

Check if
self-employed

PTIN

Firm's name MediumBullet

Firm's EIN MediumBullet

Firm's address MediumBullet

Phone no.

May the IRS discuss this return with the preparer shown above? (see instructions) ..........YesNo

For Paperwork Reduction Act Notice, see the separate instructions.

Cat. No. 11282Y Form 990 (2021)

Form 990 (2021)

Page 2

Part III

Statement of Program Service Accomplishments

Check if Schedule O contains a response or note to any line in this Part III..............

Briefly describe the organization’s mission: SEE SCHEDULE O

Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? ..................... Yes No

If "Yes," describe these new services on Schedule O.

Did the organization cease conducting, or make significant changes in how it conducts, any program
services? ........................... Yes No

If "Yes," describe these changes on Schedule O.

Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.


4a	(Code: ) (Expenses $ 29,827,667 including grants of $ 5,737,528 ) (Revenue $ 0 )
	UNDERWRITERS LABORATORIES INC. PERFORMS RESEARCH & INVESTIGATION TO ADVANCE SAFETY SCIENCE. ADDITIONALLY, THE ORGANIZATION ENGAGES IN PUBLIC ADVOCACY AND PROVIDES EDUCATION TO THE PUBLIC TO ENHANCE SAFETY AWARENESS.

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses29,827,667

Form 990 (2021)

Page 3

Part IV

Checklist of Required Schedules

Yes

Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule A Click to see attachment

List of Attached Documents:

// Content

.....................

Yes

Is the organization required to complete Schedule B, Schedule of Contributors? See instructions. Click to see attachment

List of Attached Documents:

// Content

...

Yes

Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part I.............

Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II.........

Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Rev. Proc. 98-19? If "Yes," complete Schedule C, Part III..

Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part I Click to see attachment

List of Attached Documents:

// Content

.........................

Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part II Click to see attachment

List of Attached Documents:

// Content

....

Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes,"
complete Schedule D, Part III Click to see attachment

List of Attached Documents:

// Content

..............

Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IV Click to see attachment

List of Attached Documents:

// Content

..............

Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi endowments? If "Yes," complete Schedule D, Part V Click to see attachment

List of Attached Documents:

// Content

......

If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X, as applicable.

Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete
Schedule D, Part VI. Click to see attachment

List of Attached Documents:

// Content

...................

11a

Yes

Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VII Click to see attachment

List of Attached Documents:

// Content

.......

11b

Yes

Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII Click to see attachment

List of Attached Documents:

// Content

.......

11c

Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IX Click to see attachment

List of Attached Documents:

// Content

............

11d

Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part X Click to see attachment

List of Attached Documents:

// Content

11e

Yes

Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part X Click to see attachment

List of Attached Documents:

// Content

11f

12a

Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete
Schedule D, Parts XI and XII Click to see attachment

List of Attached Documents:

// Content

......................

12a

Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment

List of Attached Documents:

// Content

12b

Yes

Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E

14a

Did the organization maintain an office, employees, or agents outside of the United States? .....

14a

Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV......... Click to see attachment

List of Attached Documents:

// Content

14b

Yes

Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IV..... Click to see attachment

List of Attached Documents:

// Content

Yes

Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV... Click to see attachment

List of Attached Documents:

// Content

Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I. See instructions. ....

Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............

Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III...................

20a

Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....

20a

If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?

20b

Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II..... Click to see attachment

List of Attached Documents:

// Content

Yes

Form 990 (2021)

Page 4

Part IV

Checklist of Required Schedules (continued)

Yes

Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........ Click to see attachment

List of Attached Documents:

// Content

Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment

List of Attached Documents:

// Content

Yes

24a

Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a...............

24a

Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...

24b

Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds? ...............

24c

Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...

24d

25a

Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I ....

25a

Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I.......................

25b

Did the organization report any amount on Part X, line 5 or 22 for receivables from or payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part II...........

Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or employee thereof, a grant selection committee member, or to a 35% controlled entity (including an employee thereof) or family member of any of these persons?

If "Yes," complete

Schedule L, Part III.........................

Was the organization a party to a business transaction with one of the following parties (see the Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):

A current or former officer, director, trustee, key employee, creator or founder, or substantial contributor? If "Yes," complete Schedule L, Part IV......................

28a

A family member of any individual described in line 28a? If "Yes," complete Schedule L, Part IV.....

28b

A 35% controlled entity of one or more individuals and/or organizations described in line 28a or 28b? If "Yes," complete Schedule L, Part IV.....................

28c

Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..

Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M .................

Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part I

Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II........................

Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I............ Click to see attachment

List of Attached Documents:

// Content

Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1......................... Click to see attachment

List of Attached Documents:

// Content

Yes

35a

Did the organization have a controlled entity within the meaning of section 512(b)(13)?

35a

Yes

If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 ... Click to see attachment

List of Attached Documents:

// Content

35b

Yes

Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2............. Click to see attachment

List of Attached Documents:

// Content

Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VI Click to see attachment

List of Attached Documents:

// Content

Did the organization complete Schedule O and provide explanations on Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............

Yes

Part V

Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V...........

Yes

Enter the number reported in box 3 of Form 1096. Enter -0- if not applicable ..

Enter the number of Forms W-2G included on line 1a. Enter -0- if not applicable .

Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................

Yes

Form 990 (2021)

Page 5

Part V

Statements Regarding Other IRS Filings and Tax Compliance (continued)

Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................

137

If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file. See instructions.

Yes

Did the organization have unrelated business gross income of $1,000 or more during the year?...

Yes

If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...

Yes

At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? ..

If "Yes," enter the name of the foreign country: MediumBullet

See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).

Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? ..

Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?

If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............

Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? ...

If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? ......................

Organizations that may receive deductible contributions under section 170(c).

Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? ....................

If "Yes," did the organization notify the donor of the value of the goods or services provided? .....

Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? .........................

If "Yes," indicate the number of Forms 8282 filed during the year ....

Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?

Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ..

If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? ......................

If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? ..........................

Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? ........

Sponsoring organizations maintaining donor advised funds.

Did the sponsoring organization make any taxable distributions under section 4966?........

Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?...

Section 501(c)(7) organizations. Enter:

Initiation fees and capital contributions included on Part VIII, line 12 ...

10a

Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities

10b

Section 501(c)(12) organizations. Enter:

Gross income from members or shareholders .........

11a

Gross income from other sources. (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........

11b

12a

Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?

12a

If "Yes," enter the amount of tax-exempt interest received or accrued during the year.

12b

Section 501(c)(29) qualified nonprofit health insurance issuers.

Is the organization licensed to issue qualified health plans in more than one state? .........
Note. See the instructions for additional information the organization must report on Schedule O.

13a

Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....

13b

Enter the amount of reserves on hand ............

13c

14a

Did the organization receive any payments for indoor tanning services during the tax year?.....

14a

If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..

14b

Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year? ....................
If "Yes," see the instructions and file Form 4720, Schedule N.

Yes

Is the organization an educational institution subject to the section 4968 excise tax on net investment income? ..
If "Yes," complete Form 4720, Schedule O.

Section 501(c)(21) organizations. Did the trust, any disqualified person, or mine operator engage in any activities that would result in the imposition of an excise tax under section 4951, 4952, or 4953? ..
If "Yes," complete Form 6069.

Form 990 (2021)

Page 6

Part VI

Governance, Management, and Disclosure. For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.

Check if Schedule O contains a response or note to any line in this Part VI..............

Section A. Governing Body and Management

Yes

Enter the number of voting members of the governing body at the end of the tax year

If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.

Enter the number of voting members included in line 1a, above, who are independent

Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................

Yes

Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .

Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? .

Did the organization become aware during the year of a significant diversion of the organization’s assets? .

Did the organization have members or stockholders? ................

Yes

Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................

Yes

Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................

Yes

Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:

The governing body? .......................

Yes

Each committee with authority to act on behalf of the governing body? ............

Yes

Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......

Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)

Yes

10a

Did the organization have local chapters, branches, or affiliates? ............

10a

If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?

10b

11a

Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................

11a

Yes

Describe on Schedule O the process, if any, used by the organization to review this Form 990. .....

12a

Did the organization have a written conflict of interest policy? If "No," go to line 13.......

12a

Yes

Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................

12b

Yes

Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe on Schedule O how this was done...................

12c

Yes

Did the organization have a written whistleblower policy? ...............

Yes

Did the organization have a written document retention and destruction policy? .........

Yes

Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?

The organization’s CEO, Executive Director, or top management official ...........

15a

Yes

Other officers or key employees of the organization ................

15b

Yes

If "Yes" to line 15a or 15b, describe the process on Schedule O. See instructions.

16a

Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................

16a

If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............

16b

Section C. Disclosure

List the states with which a copy of this Form 990 is required to be filed MediumBullet

Section 6104 requires an organization to make its Form 1023 (1024 or 1024-A, if applicable), 990, and 990-T (section 501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.

Own website Another's website Upon request Other (explain in Schedule O)

Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.

State the name, address, and telephone number of the person who possesses the organization's books and records:
MediumBullet

RON BLAUSTEIN1603 ORRINGTON AVE EVANSTON,IL60201 (847) 272-8800

Form 990 (2021)

Page 7

Part VII

Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors

Check if Schedule O contains a response or note to any line in this Part VII..............

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees

1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet

List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

List all of the organization’s current key employees, if any. See the instructions for definition of "key employee."

List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (box 5 of Form W-2, Form 1099-MISC, and/or box 1 of Form 1099-NEC) of more than $100,000 from the
organization and any related organizations.

List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

See the instructions for the order in which to list the persons above.

Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)			(D) Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and title
(1) K WILLIAMS...................................................................... CEO (FORMER)	0.0 ................. 0.0			X	0	20,199,751	0
(2) W ZHOU...................................................................... EVP	0.0 ................. 60.0			X	0	5,259,922	38,205
(3) T BRADY...................................................................... PRESIDENT & CEO	59.0 ................. 1.0	X	X		1,604,096	2,791,160	37,485
(4) R ROBINSON...................................................................... SVP & CFO (UNTIL 8/22)	1.0 ................. 59.0		X		0	2,389,681	998,103
(5) M SALTZMAN...................................................................... CFO	0.0 ................. 0.0			X	0	2,554,628	0
(6) C CORREIA...................................................................... SVP	0.0 ................. 60.0			X	0	2,393,545	35,148
(7) J MCLAUGHLIN...................................................................... EVP & CLO	0.0 ................. 60.0			X	0	1,267,893	378,023
(8) B MONKS Until 822...................................................................... VP ANTI-COUNTERFEITING OPS	60.0 ................. 0.0		X		547,145	547,318	169,388
(9) T RIVELLI...................................................................... SVP, CLO, CORPORATE SECRETARY	40.0 ................. 20.0		X		0	784,453	78,247
(10) J FISCHER...................................................................... EVP	0.0 ................. 60.0			X	0	812,834	30,238
(11) S WEBSTER...................................................................... SVP	0.0 ................. 60.0			X	0	663,420	38,368
(12) C FARMER...................................................................... SVP & COO	60.0 ................. 0.0		X		634,495	0	25,034
(13) K SZCZECH...................................................................... SVP & TREASURER (UNTIL 8/22)	1.0 ................. 59.0		X		0	474,520	134,946
(14) M BLACK...................................................................... VP & SR. TECHNICAL ADVISOR	60.0 ................. 0.0		X		528,177	0	29,682
(15) E WEST...................................................................... VP & ASSIST SEC (UNTIL 8/22)	1.0 ................. 59.0		X		0	520,742	20,500
(16) R BLAUSTEIN...................................................................... SVP, CFO (AS OF 5/22)	30.0 ................. 30.0		X		0	516,684	19,078
(17) B GUTHRIE...................................................................... VP	0.0 ................. 60.0			X	0	482,700	27,001

Form 990 (2021)

Page 8

Part VII

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)				(D) Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and title
(18) C CRAMER........................................................................ SVP & CRO	60.0 .......................0.0		X			467,676	0	39,793
(19) S KERBER........................................................................ VP, EXECUTIVE DIRECTOR - FSRI	60.0 .......................0.0		X			389,679	0	36,866
(20) J CANFIELD........................................................................ VP OF STRATEGY	30.0 .......................30.0		X			0	385,527	38,995
(21) A GROOM........................................................................ SVP (FORMER)	0.0 .......................0.0				X	0	424,222	0
(22) J SHANNON........................................................................ TRUSTEE	7.0 .......................12.0	X				93,750	295,572	0
(23) J JEEVARAJAN........................................................................ VP, EXECUTIVE DIRECTOR - ESRI	60.0 .......................0.0		X			329,197	0	27,831
(24) D MADRZYKOWSKI........................................................................ DIRECTOR OF RESEARCH, FSRI	60.0 .......................0.0			X		312,604	0	27,422
(25) J DOLLIVE........................................................................ TRUSTEE	7.0 .......................7.0	X				141,250	180,625	0
(26) C GIZZI........................................................................ VP EDUCATION, OUTREACH & COMM	0.0 .......................60.0				X	0	302,240	5,926
(27) Z SUSICE........................................................................ DIRECTOR STRATEGY & MARKETING	60.0 .......................0.0			X		279,488	0	25,079
(28) R BORGER........................................................................ VP OF HR	30.0 .......................30.0		X			0	286,103	17,366
(29) M BHATTACHARYYA........................................................................ Director Strategic Comm.	60.0 .......................0.0			X		239,806	0	22,618
(30) G HORN........................................................................ Research Director	60.0 .......................0.0			X		220,348	0	22,542
(31) K KEENA........................................................................ SNR. DIR., RESEARCH EXPERIENCE	60.0 .......................0.0			X		219,826	0	21,103
(32) K DELPHOS........................................................................ VP, EXECUTIVE DIRECTOR - COMM	60.0 .......................0.0		X			201,434	0	14,175
(33) G WILLIAMS........................................................................ TRUSTEE	7.0 .......................0.0	X				175,625	959	0
(34) P KHOURY........................................................................ TRUSTEE	7.0 .......................0.0	X				173,298	0	0
(35) D PINES........................................................................ TRUSTEE	5.0 .......................0.0	X				171,746	0	0
(36) R OWEN........................................................................ TRUSTEE	5.0 .......................0.0	X				171,319	0	0
(37) E TOERSTAD........................................................................ TRUSTEE	5.0 .......................0.0	X				139,501	0	0
(38) S MILLER........................................................................ VP, EXECUTIVE DIRECTOR - MDRI	60.0 .......................0.0		X			122,807	0	8,247
(39) J CRISMAN........................................................................ VP, EXECUTIVE DIRECTOR OF DSRI	60.0 .......................0.0		X			125,554	0	5,490
(40) D CONCEPCION........................................................................ VP, CONTROLLER	30.0 .......................30.0		X			0	110,944	5,525
(41) D PAULISON........................................................................ TRUSTEE (UNTIL 5/22)	2.0 .......................0.0	X				110,000	0	0
(42) M SCHMID........................................................................ TRUSTEE (AS OF 5/22)	3.0 .......................0.0	X				75,384	0	0

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	5,048,069	42,945,197	2,230,353

Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization MediumBullet

Yes

Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............

Yes

For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such
individual...........................

Yes

Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........

Section B. Independent Contractors

Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.

(A) Name and business address	(B) Description of services	(C) Compensation
WENTWORTH CONTRACTING LLC, 333 W 4th St ELWYN,PA19063	CONSTRUCTION	1,820,197
ALLISON AND PARTNERS, 40 GOLD ST SAN FRANCISCO,CA94133	COMMUNICATION	1,064,233
LAZARD FRERES CO LLC, 30 ROCKEFELLER PLAZA NEW YORK,NY10112	LEGAL SERVICES	1,000,000
AGILENT TECHNOLOGIES, 5301 STEVENS CREEK BLVD SANTA CLARA,CA95051	LAB EQUIPMENT	686,826
DANIEL J EDELMAN INC, 111 N CANAL ST CHICAGO,IL60606	LEGAL SERVICES	628,918
2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 74

Form 990 (2021)

Page 9

Part VIII

Statement of Revenue

Check if Schedule O contains a response or note to any line in this Part VIII.............

(A)
Total revenue

(B)
Related or
exempt
function
revenue

(D)
Revenue
excluded from
tax under sections
512 - 514

1a	Federated campaigns..		1a
b	Membership dues..		1b
c	Fundraising events..		1c
d	Related organizations		1d
e	Government grants (contributions)		1e	2,107,306

f	All other contributions, gifts, grants, and similar amounts not included above		1f	116,987

g	Noncash contributions included in lines 1a - 1f:$		1g

h Total. Add lines 1a-1f.......		2,224,293

		Business Code
2a
b
c
d
e
f	All other program service revenue.
g	Total. Add lines 2a–2f .....		0

3 Investment income (including dividends, interest, and othersimilar amounts) ......			12,778,175		86,346	12,691,829
4 Income from investment of tax-exempt bond proceeds			0
5 Royalties...........			0
		(ii) Personal	(i) Real
6a	Gross rents			6a
b	Less: rental expenses			6b
c	Rental income or (loss)	0	0	6c
d	Net rental income or (loss).......			0
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory		188,828,963	7a
b	Less: cost or other basis and sales expenses		202,190,692	7b
c	Gain or (loss)		-13,361,729	7c
d	Net gain or (loss).........			-13,361,729			-13,361,729
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
			8a	0
b	Less: direct expenses ...		8b	0
c	Net income or (loss) from fundraising events..			0
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a	0
b	Less: direct expenses ...		9b	0
c	Net income or (loss) from gaming activities..			0
10a	Gross sales of inventory, less returns and allowances ..
			10a	0
b	Less: cost of goods sold ..		10b	0
c	Net income or (loss) from sales of inventory..			0
Business Code			Miscellaneous Revenue
11a	MISCELLANEOUS REVENUE			174			174
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......			174
12	Total revenue. See instructions.....			1,640,913		86,346	-669,726

Form 990 (2021)

Page 10

Part IX

Statement of Functional Expenses

Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX..............

Do not include amounts reported on lines 6b, 7b, 8b, 9b, and 10b of Part VIII.		(A) Total expenses	(B) Program service expenses	(C) Management and general expenses	(D) Fundraising expenses

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....	4,247,647	4,247,647
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........	0
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............	1,489,881	1,489,881
4	Benefits paid to or for members .......	0
5	Compensation of current officers, directors, trustees, and key employees ...........	5,117,942	5,117,942
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........	0
7	Other salaries and wages........	13,368,922	4,825,314	8,543,608
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	0
9	Other employee benefits .......	2,514,556	2,310,569	203,987
10	Payroll taxes ...........	988,310		988,310
11	Fees for services (non-employees):
a	Management ......	0
b	Legal .........	1,916,587		1,916,587
c	Accounting ...........	106,500		106,500
d	Lobbying ...........	0
e	Professional fundraising services. See Part IV, line 17	0
f	Investment management fees ......	1,886,006		1,886,006
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	13,315,761	5,082,034	8,233,727
12	Advertising and promotion ....	2,160,990	384,735	1,776,255
13	Office expenses .......	2,930,623	2,135,491	795,132
14	Information technology ......	721,637	15,151	706,486
15	Royalties ..	0
16	Occupancy ...........	0
17	Travel ............	1,357,392	997,715	359,677
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .	0
19	Conferences, conventions, and meetings ....	1,698,064	492,967	1,205,097
20	Interest ...........	6,064	6,064
21	Payments to affiliates .......	885,554	885,554
22	Depreciation, depletion, and amortization ..	987,344	948,004	39,340
23	Insurance ...	90,252		90,252
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	ACRREDITATION/MEMBERSHIP FEES	516,757	279,845	236,912
b	TRAINING/RECRUITING	882,245	115,016	767,229
c	BANK CHARGE	36,947	0	36,947
d	OTHER TAX	268,563	192,719	75,844
e	All other expenses	1,709,302	301,019	1,408,283
25	Total functional expenses. Add lines 1 through 24e	59,203,846	29,827,667	29,376,179	0
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

Form 990 (2021)

Page 11

Part X

Balance Sheet

Check if Schedule O contains a response or note to any line in this Part IX..............

				(A) Beginning of year		(B) End of year

1	Cash–non-interest-bearing ........			72,743,234	1	16,415,695
2	Savings and temporary cash investments .........			0	2	0
3	Pledges and grants receivable, net ......			0	3	0
4	Accounts receivable, net .............			1,500,692	4	370,023
5	Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
				0	5	0
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
				0	6	0
7	Notes and loans receivable, net ...........			1,020,460,276	7	0
8	Inventories for sale or use ............			0	8	0
9	Prepaid expenses and deferred charges ......			185,607	9	1,081,874
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	7,117,060
b	Less: accumulated depreciation	10b	2,433,417	2,712,195	10c	4,683,643
11	Investments—publicly traded securities .			0	11	588,702,874
12	Investments—other securities. See Part IV, line 11 .....			0	12	337,800,594
13	Investments—program-related. See Part IV, line 11 ..			0	13	0
14	Intangible assets ...............			8,425	14	0
15	Other assets. See Part IV, line 11 ...........			1,576,812	15	1,585,423
16	Total assets. Add lines 1 through 15 (must equal line 33)...			1,099,187,241	16	950,640,126

17	Accounts payable and accrued expenses .....	12,849,189	17	8,657,928
18	Grants payable ...	0	18	0
19	Deferred revenue .........	0	19	0
20	Tax-exempt bond liabilities .........	0	20	0
21	Escrow or custodial account liability. Complete Part IV of Schedule D	0	21	0
22	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
		0	22	0
23	Secured mortgages and notes payable to unrelated third parties ..	0	23	0
24	Unsecured notes and loans payable to unrelated third parties ..	0	24	0
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D	1,781,020	25	1,475,497
26	Total liabilities. Add lines 17 through 25..	14,630,209	26	10,133,425

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........	1,084,557,032	27	940,506,701
28	Net assets with donor restrictions ...........	0	28	0
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....		29
30	Paid-in or capital surplus, or land, building or equipment fund ...		30
31	Retained earnings, endowment, accumulated income, or other funds		31
32	Total net assets or fund balances ...........	1,084,557,032	32	940,506,701
33	Total liabilities and net assets/fund balances ........	1,099,187,241	33	950,640,126

Form 990 (2021)

Page 12

Part XI

Reconcilliation of Net Assets

Check if Schedule O contains a response or note to any line in this Part XI..............

Total revenue (must equal Part VIII, column (A), line 12) ............

1,640,913

Total expenses (must equal Part IX, column (A), line 25) ............

59,203,846

Revenue less expenses. Subtract line 2 from line 1 ..............

-57,562,933

Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)) ..

1,084,557,032

Net unrealized gains (losses) on investments ...............

-96,924,225

Donated services and use of facilities .................

10,436,827

Investment expenses .....................

Prior period adjustments .....................

Other changes in net assets or fund balances (explain in Schedule O) ........

Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32, column (B))

940,506,701

Part XII

Financial Statements and Reporting

Check if Schedule O contains a response or note to any line in this Part XII.............

Yes

Accounting method used to prepare the Form 990: Cash Accrual Other
If the organization changed its method of accounting from a prior year or checked "Other," explain on
Schedule O.

Were the organization’s financial statements compiled or reviewed by an independent accountant?

If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:

Separate basis Consolidated basis Both consolidated and separate basis

Were the organization’s financial statements audited by an independent accountant?

Yes

If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:

Separate basis Consolidated basis Both consolidated and separate basis

If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?

Yes

If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.

As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133?

Yes

If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.

Yes

Form 990 (2021)

Additional Data

Software ID:
Software Version:

Form 990, Special Condition Description:

Special Condition Description

- TIN:

SCHEDULE A
(Form 990)

Department of the Treasury
Internal Revenue Service

Public Charity Status and Public Support

Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
right arrow

Attach to Form 990 or Form 990-EZ.
right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2022

Open to Public
Inspection

Name of the organization

UNDERWRITERS LABORATORIES INC

Employer identification number

36-1892375

Part I

Reason for Public Charity Status (All organizations must complete this part.) See instructions.

The organization is not a private foundation because it is: (For lines 1 through 12, check only one box.)

A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i).

A school described in section 170(b)(1)(A)(ii). (Attach Schedule E (Form 990).)

A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).

A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name, city, and state:

An organization operated for the benefit of a college or university owned or operated by a governmental unit described in section 170(b)(1)(A)(iv). (Complete Part II.)

A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).

An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi). (Complete Part II.)

A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)

An agricultural research organization described in 170(b)(1)(A)(ix) operated in conjunction with a land-grant college or university or a non-land grant college of agriculture. See instructions. Enter the name, city, and state of the college or university:

An organization that normally receives: (1) more than 33 1/3% of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 33 1/3% of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)

An organization organized and operated exclusively to test for public safety. See section 509(a)(4).

An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box on lines 12a through 12d that describes the type of supporting organization and complete lines 12e, 12f, and 12g.

Type I. A supporting organization operated, supervised, or controlled by its supported organization(s), typically by giving the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting organization. You must complete Part IV, Sections A and B.

Type II. A supporting organization supervised or controlled in connection with its supported organization(s), by having control or management of the supporting organization vested in the same persons that control or manage the supported organization(s). You must complete Part IV, Sections A and C.

Type III functionally integrated. A supporting organization operated in connection with, and functionally integrated with, its supported organization(s) (see instructions). You must complete Part IV, Sections A, D, and E.

Type III non-functionally integrated. A supporting organization operated in connection with its supported organization(s) that is not functionally integrated. The organization generally must satisfy a distribution requirement and an attentiveness requirement (see instructions). You must complete Part IV, Sections A and D, and Part V.

Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III functionally integrated, or Type III non-functionally integrated supporting organization.

Enter the number of supported organizations ...............................

Provide the following information about the supported organization(s).

(i) Name of supported organization	(ii) EIN	(iv) Is the organization listed in your governing document?		(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)
(i) Name of supported organization	(ii) EIN	Yes	No	(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)


Total

For Paperwork Reduction Act Notice, see the Instructions for
Form 990 or 990-EZ.

Cat. No. 11285F

Schedule A (Form 990) 2022

Page 2

Part II

Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization failed to qualify under the tests listed below, please complete Part III.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2018	(b) 2019	(c) 2020	(d) 2021	(e) 2022	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") ..	2,147,864	1,305,802	1,605,729	1,094,530	2,224,293	8,378,218
2	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf....						0
3	The value of services or facilities furnished by a governmental unit to the organization without charge..						0
4	Total. Add lines 1 through 3	2,147,864	1,305,802	1,605,729	1,094,530	2,224,293	8,378,218
5	The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) ..						0
6	Public support. Subtract line 5 from line 4.						8,378,218

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2018	(b) 2019	(c) 2020	(d) 2021	(e) 2022	(f) Total
7	Amounts from line 4..	2,147,864	1,305,802	1,605,729	1,094,530	2,224,293	8,378,218
8	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources...	8,588,149	8,635,358	11,045,973	5,681,544	12,691,829	46,642,853
9	Net income from unrelated business activities, whether or not the business is regularly carried on..				1,857,165	79,346	1,936,511
10	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.)..					174	174
11	Total support. Add lines 7 through 10						56,957,756

Gross receipts from related activities, etc. (see instructions) ..................

76,100,130

First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here ........................................ right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2022 (line 6, column (f) divided by line 11, column (f)) .........

14.710 %

Public support percentage for 2020 Schedule A, Part II, line 14 ...............

15.520 %

16a

33 1/3% support test—2022. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization ....................... right arrow

33 1/3% support test—2021. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization ..................... right arrow

17a

10%-facts-and-circumstances test—2022. If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ............ right arrow

10%-facts-and-circumstances test—2021. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ............ right arrow

Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow

Schedule A (Form 990) 2022

Page 3

Part III

Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 10 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2018	(b) 2019	(c) 2020	(d) 2021	(e) 2022	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .
2	Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose
3	Gross receipts from activities that are not an unrelated trade or business under section 513 .....
4	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...
5	The value of services or facilities furnished by a governmental unit to the organization without charge
6	Total. Add lines 1 through 5
7a	Amounts included on lines 1, 2, and 3 received from disqualified persons
b	Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.
c	Add lines 7a and 7b..
8	Public support. (Subtract line 7c from line 6.)

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2018	(b) 2019	(c) 2020	(d) 2021	(e) 2022	(f) Total
9	Amounts from line 6...
10a	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
b	Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.
c	Add lines 10a and 10b.
11	Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on.
12	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) ..
13	Total support. (Add lines 9, 10c, 11, and 12.)..

First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here................................................. right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2022 (line 8, column (f) divided by line 13, column (f)) .........

0 %

Public support percentage from 2021 Schedule A, Part III, line 15 ...............

Section D. Computation of Investment Income Percentage

Investment income percentage for 2022 (line 10c, column (f) divided by line 13, column (f)) ......

Investment income percentage from 2021 Schedule A, Part III, line 17 .............

19a

33 1/3% support tests-2022. If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ....... right arrow

33 1/3% support tests—2021. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ..... right arrow

Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions .... right arrow

Schedule A (Form 990) 2022

Page 4

Part IV

Supporting Organizations

(Complete only if you checked a box on line 12 of Part I. If you checked box 12a, of Part I, complete Sections A and B. If you checked box 12b, of Part I, complete Sections A and C. If you checked box 12c, of Part I, complete Sections A, D, and E. If you checked box12d, of Part I, complete Sections A and D, and complete Part V.)

Section A. All Supporting Organizations

Yes

Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.

Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).

Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer lines 3b and 3c below.

Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.

Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.

Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked box 12a or 12b in Part I, answer lines 4b and 4c below.

Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations.

Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.

Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer lines 5b and 5c below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action; (iii) the authority under the organization's organizing document authorizing such action; and (iv) how the action was accomplished (such as by amendment to the organizing document).

Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?

Substitutions only. Was the substitution the result of an event beyond the organization's control?

Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one or more of its supported organizations, or (iii) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.

Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990) .

Did the organization make a loan to a disqualified person (as defined in section 4958) not described on line 7? If “Yes,” complete Part I of Schedule L (Form 990).

Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons, as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.

Did one or more disqualified persons (as defined on line 9a) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.

Did a disqualified person (as defined on line 9a) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.

10a

Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer line 10b below.

10a

Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).

10b

Schedule A (Form 990) 2022

Page 5

Part IV

Supporting Organizations (continued)

Yes

Has the organization accepted a gift or contribution from any of the following persons?

A person who directly or indirectly controls, either alone or together with persons described on lines 11b and 11c below, the governing body of a supported organization?

11a

A family member of a person described on 11a above?

11b

A 35% controlled entity of a person described on line 11a or 11b above? If “Yes” to 11a, 11b, or 11c, provide detail in Part VI.

11c

Section B. Type I Supporting Organizations

Yes

Did the officers, directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.

Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.

Section C. Type II Supporting Organizations

Yes

Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).

Section D. All Type III Supporting Organizations

Yes

Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (i) a written notice describing the type and amount of support provided during the prior tax year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?

Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).

By reason of the relationship described in line 2 above, did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.

Section E. Type III Functionally-Integrated Supporting Organizations

Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):

The organization satisfied the Activities Test. Complete line 2 below.

The organization is the parent of each of its supported organizations. Complete line 3 below.

The organization supported a governmental entity. Describe in Part VI how you supported a government entity (see instructions)

Activities Test. Answer lines 2a and 2b below.

Yes

Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.

Did the activities described on line 2a, above constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.

Parent of Supported Organizations. Answer lines 3a and 3b below.

Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations?If "Yes" or "No", provide details in Part VI.

Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI. the role played by the organization in this regard.

Schedule A (Form 990) 2022

Page 6

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations

Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970 (explain in Part VI). See instructions. All other Type III non-functionally integrated supporting organizations must complete Sections A through E.

	Section A - Adjusted Net Income		(A) Prior Year	(B) Current Year (optional)
1	Net short-term capital gain	1
2	Recoveries of prior-year distributions	2
3	Other gross income (see instructions)	3
4	Add lines 1 through 3	4
5	Depreciation and depletion	5
6	Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions)	6
7	Other expenses (see instructions)	7
8	Adjusted Net Income (subtract lines 5, 6 and 7 from line 4)	8

	Section B - Minimum Asset Amount		(A) Prior Year	(B) Current Year (optional)
1	Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year):	1
a	Average monthly value of securities	1a
b	Average monthly cash balances	1b
c	Fair market value of other non-exempt-use assets	1c
d	Total (add lines 1a, 1b, and 1c)	1d
e	Discount claimed for blockage or other factors (explain in detail in Part VI):
2	Acquisition indebtedness applicable to non-exempt use assets	2
3	Subtract line 2 from line 1d	3
4	Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions).	4
5	Net value of non-exempt-use assets (subtract line 4 from line 3)	5
6	Multiply line 5 by 0.035	6
7	Recoveries of prior-year distributions	7
8	Minimum Asset Amount (add line 7 to line 6)	8

	Section C - Distributable Amount		Current Year
1	Adjusted net income for prior year (from Section A, line 8, Column A)	1
2	Enter 85% of line 1	2
3	Minimum asset amount for prior year (from Section B, line 8, Column A)	3
4	Enter greater of line 2 or line 3	4
5	Income tax imposed in prior year	5
6	Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions)	6

Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see instructions)

Schedule A (Form 990) 2022

Page 7

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations(continued)

Section D - Distributions		Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes	1
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity	2
3 Administrative expenses paid to accomplish exempt purposes of supported organizations	3
4 Amounts paid to acquire exempt-use assets	4
5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI)	5
6 Other distributions (describe in Part VI). See instructions	6
7Total annual distributions. Add lines 1 through 6.	7
8 Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions	8
9 Distributable amount for 2022 from Section C, line 6	9
10 Line 8 amount divided by Line 9 amount	10

Section E - Distribution Allocations (see instructions)		(i) Excess Distributions	(ii) Underdistributions Pre-2022	(iii) Distributable Amount for 2022
1 Distributable amount for 2022 from Section C, line 6
2 Underdistributions, if any, for years prior to 2022 (reasonable cause required-- explain in Part VI). See instructions.
3 Excess distributions carryover, if any, to 2022:
a From 2017.......
b From 2018.......
c From 2019.......
d From 2020.......
e From 2021.......
fTotal of lines 3a through e
g Applied to underdistributions of prior years
h Applied to 2022 distributable amount
i Carryover from 2017 not applied (see instructions)
j Remainder. Subtract lines 3g, 3h, and 3i from line 3f.
4Distributions for 2022 from Section D, line 7:
$
a Applied to underdistributions of prior years
b Applied to 2022 distributable amount
c Remainder. Subtract lines 4a and 4b from line 4.
5 Remaining underdistributions for years prior to 2022, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions.
6 Remaining underdistributions for 2022. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions.
7 Excess distributions carryover to 2023. Add lines 3j and 4c.
8 Breakdown of line 7:
a Excess from 2018.....
b Excess from 2019.....
c Excess from 2020.....
d Excess from 2021.....
e Excess from 2022.....

Schedule A (Form 990) (2022)

Schedule A (Form 990) 2022

Page 8

Part VI

Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).

Facts And Circumstances Test
UL Research Institutes (ULRI) qualifies as a public charity under the "facts and circumstances test" of section 1.170A-9(f)(3) of the Treasury Regulations based upon the following: ULRI's public support percentage for 2022 was 14.71% which is above the 10% threshold. ULRI is organized and operated to attract new and additional funding on a continuous and bona fide basis. It actively pursues grants from governmental sources, public charities, and other sources to support its safety science research for the benefit of the public. ULRI was historically supported by program service revenue and maintained its public charity status under section 509(a)(2). It ceased operating those programs at the end of 2021 and now focuses exclusively on research and educational activities and is supported by grants and contributions as a 509(a)(1) public charity. ULRI completed its first year as a 509(a)(1) public charity in 2022 and is actively growing its grant solicitation activities. ULRI expects to continually increase the amount of gifts, grants, and contributions it receives from governmental and other public sources. ULRI's governing body also represents the broad interest of the public rather than the personal or private interest of a limited number of donors. The ULRI Board of Trustees is composed of persons who have special knowledge or expertise in research conducted by ULRI and other persons representing a broad cross-section of the views and interests of the public. Board members include, for example, university professors, individuals from diverse industries with relevant expertise in public safety, and a former state Attorney General. Trustees bring with them broad and diverse viewpoints that contribute to the public interest served by the ULRI activities. They all share a common commitment to ULRI's public safety mission. Finally, ULRI engages in programs and activities directly for the benefit of the general public on a continuing basis. Its programs and activities have broad public appeal to members of the public around the globe. ULRI is an educational and scientific research organization that regularly publishes studies that are used by college and universities, members of the general public, and the government to promote and increase public safety. ULRI's world-class scientists conduct rigorous independent research that accelerates discoveries designed to address the world's increasingly urgent public safety risks, often in collaboration with universities. Their research and educational publications are published in scientific journals and available without charge to the public on the ULRI website. The UL Research Institutes maintain libraries of their publications, research reports, technical reports, and white papers on the ULRI website that may be downloaded by the public without charge, and they develop educational videos available without charge to the public through various third-party websites that educate the public on safety matters. ULRI also convenes conferences and educational seminars on safety science and brings together subject matter experts, scientists, industry, government and technical professionals to share insights on new research and innovations and disseminate knowledge regarding lessons learned to benefit public safety.

Facts And Circumstances Test

UL Research Institutes (ULRI) qualifies as a public charity under the "facts and circumstances test" of section 1.170A-9(f)(3) of the Treasury Regulations based upon the following: ULRI's public support percentage for 2022 was 14.71% which is above the 10% threshold. ULRI is organized and operated to attract new and additional funding on a continuous and bona fide basis. It actively pursues grants from governmental sources, public charities, and other sources to support its safety science research for the benefit of the public. ULRI was historically supported by program service revenue and maintained its public charity status under section 509(a)(2). It ceased operating those programs at the end of 2021 and now focuses exclusively on research and educational activities and is supported by grants and contributions as a 509(a)(1) public charity. ULRI completed its first year as a 509(a)(1) public charity in 2022 and is actively growing its grant solicitation activities. ULRI expects to continually increase the amount of gifts, grants, and contributions it receives from governmental and other public sources. ULRI's governing body also represents the broad interest of the public rather than the personal or private interest of a limited number of donors. The ULRI Board of Trustees is composed of persons who have special knowledge or expertise in research conducted by ULRI and other persons representing a broad cross-section of the views and interests of the public. Board members include, for example, university professors, individuals from diverse industries with relevant expertise in public safety, and a former state Attorney General. Trustees bring with them broad and diverse viewpoints that contribute to the public interest served by the ULRI activities. They all share a common commitment to ULRI's public safety mission. Finally, ULRI engages in programs and activities directly for the benefit of the general public on a continuing basis. Its programs and activities have broad public appeal to members of the public around the globe. ULRI is an educational and scientific research organization that regularly publishes studies that are used by college and universities, members of the general public, and the government to promote and increase public safety. ULRI's world-class scientists conduct rigorous independent research that accelerates discoveries designed to address the world's increasingly urgent public safety risks, often in collaboration with universities. Their research and educational publications are published in scientific journals and available without charge to the public on the ULRI website. The UL Research Institutes maintain libraries of their publications, research reports, technical reports, and white papers on the ULRI website that may be downloaded by the public without charge, and they develop educational videos available without charge to the public through various third-party websites that educate the public on safety matters. ULRI also convenes conferences and educational seminars on safety science and brings together subject matter experts, scientists, industry, government and technical professionals to share insights on new research and innovations and disseminate knowledge regarding lessons learned to benefit public safety.

Return Reference	Explanation

Schedule A (Form 990) 2022

Additional Data

Software ID:
Software Version:

- TIN:

Schedule B
(Form 990)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2022

Name of the organization

UNDERWRITERS LABORATORIES INC

Employer identification number

36-1892375

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990) (2022)

Schedule B (Form 990) (2022) Page 2

Name of organization UNDERWRITERS LABORATORIES INC

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
RESTRICTED	,	$ RESTRICTED	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2022)

Schedule B (Form 990) (2022)

Page 3

Name of organization UNDERWRITERS LABORATORIES INC		Employer identification number 36-1892375

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (2022)

Schedule B (Form 990) (2022)

Page 4


Name of organization UNDERWRITERS LABORATORIES INC			Employer identification number 36-1892375
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990) (2022)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
SchDMd Bullet

Attach to Form 990.
SchDMd Bullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2021

Open to Public Inspection

Name of the organization

UNDERWRITERS LABORATORIES INC

Employer identification number

36-1892375

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.

		(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ........

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................

Yes No

Part II

Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 7/25/06, and not on a historic structure listed in the National Register ...	2d

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year SchDMd Bullet

Number of states where property subject to conservation easement is located SchDMd Bullet

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............

Yes No

Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet

Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet

Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................

Yes No

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.

If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:

(i)

Revenue included on Form 990, Part VIII, line 1 ......................... SchDMd Bullet

(ii)

Assets included in Form 990, Part X ............................... SchDMd Bullet

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:

Revenue included on Form 990, Part VIII, line 1 .......................... SchDMd Bullet

Assets included in Form 990, Part X ............................... SchDMd Bullet

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 52283D

Schedule D (Form 990) 2021

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...

Yes No

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....

Part V

Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.

		(a) Current year	(b) Prior year	(c) Two years back	(d) Three years back	(e) Four years back

1a	Beginning of year balance ....
b	Contributions ...
c	Net investment earnings, gains, and losses
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...
f	Administrative expenses ....
g	End of year balance ......

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment SchDMd Bullet

Permanent endowment SchDMd Bullet

Term endowment SchDMd Bullet

The percentages on lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) Unrelated organizations .................

3a(i)

(ii) Related organizations .................

3a(ii)

If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........

Describe in Part XIII the intended uses of the organization's endowment funds.

Part VI

Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property		(a) Cost or other basis (investment)	(b) Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value

1a	Land .....
b	Buildings ....	65,334	40,929	24,405
c	Leasehold improvements	824,467	731,018	93,449
d	Equipment ....	6,166,410	1,661,470	4,504,940
e	Other .....	60,849	0	60,849
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				4,683,643

Schedule D (Form 990) 2021

Page 3

Part VII

Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.

(a) Description of security or category (including name of security)	(b) Book value	(c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives.........
(2) Closely-held equity interests........
(3) Other (A) EQUITY COMMINGLED FUNDS	97,021,528	C
(B) BOND COMMINGLED FUND	56,888,008	C
(C) DIVER. ASSET COMMINGLED FUND	160,789,756	C
(D) CASH HELD IN INVESTMENT FUND	23,101,302	C
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)	337,800,594

Part VIII

Investments - Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

(a) Description				(b) Book value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........

Part X

Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

1.(a) Description of liability	(b) Book value
(1) Federal income taxes	0
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	1,475,497
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Schedule D (Form 990) 2021

Page 4

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......		1
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d .....................		2e
3	Subtract line 2e from line 1..................		3
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b....................		4c
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......		5

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........		1
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d....................		2e
3	Subtract line 2e from line 1...................		3
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ............	4b
c	Add lines 4a and 4b.....................		4c
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......		5

Part XIII

Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

Return Reference	Explanation

Schedule D (Form 990) 2021

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE F(Form 990)

Department of the Treasury
Internal Revenue Service

Statement of Activities Outside the United States

Complete if the organization answered "Yes" to Form 990, Part IV, line 14b, 15, or 16. Right pointing arrow large image

Attach to Form 990. Right pointing arrow large image

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2022

Open to Public Inspection

Name of the organization
UNDERWRITERS LABORATORIES INC

Employer identification number

36-1892375

Part I

General Information on Activities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 14b.

For grantmakers. Does the organization maintain records to substantiate the amount of its grants and

other assistance, the grantees’ eligibility for the grants or assistance, and the selection criteria used

to award the grants or assistance? . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of its grants and other assistance outside the United States.

Activites per Region. (The following Part I, line 3 table can be duplicated if additional space is needed.)

(a) Region		(d) Activities conducted in region (by type) (such as, fundraising, program services, investments, grants to recipients located in the region)	(f) Total expenditures for and investments in the region
	East Asia and the Pacific	Grantmaking	223,234
	South Asia	Grantmaking	15,000
	Europe (Including Iceland and Greenland)	Grantmaking	1,251,647
	Central America and the Caribbean	Investments	190,858,243
	Europe (Including Iceland and Greenland)	Investments	3,862,255












3a	Sub-total ....		196,210,379
b	Total from continuation sheets to Part I ...
c	Totals (add lines 3a and 3b)		196,210,379

For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2022

Schedule F (Form 990) 2022

Page 2

Part II

Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 15, for any recipient who received more than $5,000. Part II can be duplicated if additional space is needed.

(c) Region	(d) Purpose of grant	(e) Amount of cash grant	(f) Manner of cash disbursement
South Asia	GENERAL SUPPORT	15,000	WIRES
East Asia and the Pacific	GENERAL SUPPORT	100,000	WIRES
Europe (Including Iceland and Greenland)	GENERAL SUPPORT	1,041,100	WIRES
Europe (Including Iceland and Greenland)	GENERAL SUPPORT	7,911	WIRES
East Asia and the Pacific	GENERAL SUPPORT	123,234	WIRES
Europe (Including Iceland and Greenland)	RESEARCH	185,551	WIRES
Europe (Including Iceland and Greenland)	RESEARCH	15,975	WIRES

2	Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter .......	7
3	Enter total number of other organizations or entities .......................

Schedule F (Form 990) 2022

Schedule F (Form 990) 2022Page 3

Part III

Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 16.

Part III can be duplicated if additional space is needed.

(a) Type of grant or assistance		(b) Region	(c) Number of recipients	(d) Amount of cash grant	(e) Manner of cash disbursement	(f) Amount of noncash assistance	(g) Description of noncash assistance	(h) Method of valuation (book, FMV, appraisal, other)

Schedule F (Form 990) 2022

Page 4

Part IV

Foreign Forms

Schedule F (Form 990) 2022

Page 5

Part V

Supplemental Information
Provide the information required by Part I, line 2 (monitoring of funds); Part I, line 3, column (f) (accounting method; amounts of investments vs. expenditures per region); Part II, line 1 (accounting method); Part III (accounting method); and Part III, column (c) (estimated number of recipients), as applicable. Also complete this part to provide any additional information. See instructions.

ReturnReference	Explanation
PART I, Line 2 - PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS	Grants and other assistance to organizations are governed under the company's Corporate Giving Program Guidelines which seek to: Support UL Research Institute's commitment to improving the quality of life in communities where UL employees live and work; Sponsor organizations that share UL Research Institute's deep commitment to promoting safe living and working environments for people; Reflect UL Research Institute's commitment to science, technology, engineering and mathematics (STEM) education, Advance diversity, equity and inclusion; Align with United Nations Sustainable Development and UN Global Compact principles; and Promote corporate social responsibility and sustainability The use of grant funds are monitored through review and approval by an officer of the organization.

Schedule F (Form 990) 2022

Additional Data

Software ID:
Software Version:

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

Schedule I
(Form 990)

Department of the Treasury
Internal Revenue Service

Grants and Other Assistance to Organizations,
Governments and Individuals in the United States

Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
lBullet

Attach to Form 990.
lBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2022

Open to Public
Inspection

Name of the organization
UNDERWRITERS LABORATORIES INC

Employer identification number
36-1892375

Part I

General Information on Grants and Assistance

Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................

Yes No

Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.

Part II

Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient

that received more than $5,000. Part II can be duplicated if additional space is needed.

(a) Name and address of organization or government	(b) EIN	(c) IRC section (if applicable)	(d) Amount of cash grant	(h) Purpose of grant or assistance
(1) HOME FIRE SPRINKLER COALITION INC 1 BATTERYMARCH PARK QUINCY,MA02169	51-0620405	501(C)(3)	25,000	GENERAL SUPPORT
(2) FDNY FOUNDATION 9 METRO TECH CENTER BROOKLYN,NY11201	11-2632404	501(C)(3)	35,000	GENERAL SUPPORT
(3) UNIVERSITY OF MARYLAND 4603 CALVERT RD COLLEGE PARK,MD20740	52-2197313	501(C)(3)	564,758	GENERAL SUPPORT
(4) CASE WESTERN RESERVE UNIVERSITY 10900 EUCLID AVE CLEVELAND,OH441067232	34-1018992	501(C)(3)	745,833	GENERAL SUPPORT
(5) CHICAGO BOTANIC GARDEN 1000 LAKE COOK ROAD GLENCOE,IL60022	36-2225482	501(C)(3)	50,000	GENERAL SUPPORT
(6) SFPE EDU & SCIENTIFIC FOUNDATION INC 9711 WASHINGTONIAN BLVD STE 380 GAITHERSBURG,MD20878	04-2701210	501(C)(3)	115,000	GENERAL SUPPORT
(7) NATIONAL FALLEN FIREFIGHTERS FOUNDATION PO DRAWER 498 EMMITSBURG,MD21727	52-1832634	501(C)(3)	20,000	GENERAL SUPPORT
(8) BUSINESS EXECUTIVES FOR NATIONAL SECURITY 1030 15H ST NW WASHINGTON,DC20005	52-1271179	501(C)(3)	86,859	GENERAL SUPPORT
(9) THE NATIONAL GEM CONSORTIUM 1430 DUKE STREET ALEXANDRIA,VA22314	31-0898802	501(C)(3)	55,000	GENERAL SUPPORT
(10) PURDUE UNIVERSITY 1281 WIN HENTSCHEL WLAFAYETTE,IN47907	35-6002041	GOVT	173,062	GENERAL SUPPORT
(11) THE UNIVERSITY OF TEXAS AT ARLINGTON 701 S NEDDERMAN DR ARLINGTON,TX760190145	75-6000121	501(C)(3)	62,107	RESEARCH
(12) UNIVERSITY OF HOUSTON DIVISION OF RESEARCH 5000 GULF FREEWAY HOUSTON,TX772040907	74-6001399	501(C)(3)	345,000	RESEARCH
(13) DUKE UNIVERSITY 2200 W MAIN ST SU 710 DURHAM,NC277014677	56-0532129	501(C)(3)	217,400	RESEARCH
(14) NORTHWESTERN UNIVERSITY 633 CLARK ST EVANSTON,IL60208	36-2167817	501(C)(3)	967,500	RESEARCH
(15) WILLIAM MARSH RICE UNIVERSITY 6100 MAIN STREET HOUSTON,TX770051892	74-1109620	501(C)(3)	122,571	RESEARCH
(16) BOARD OF TRUSTEES OF THE UNIV OF ILLINOIS 1901 SOUTH 1ST ST CHAMPAIGN,IL618207406	37-6000511	GOVT	16,667	RESEARCH
(17) GEORGIA STATE UNIV RESEARCH FOUNDATION INC 58 EDGEWOOD AVE NE ATLANTA,GA303033999	58-1845423	501(C)(3)	370,042	RESEARCH
(18) ASU FOUNDATION FOR A NEW AMERICAN UNIV PO BOX 2260 TEMPE ARIZONA,AZ852802260	86-6051042	501(C)(3)	50,000	RESEARCH
(19) UNIVERSITY OF TENNESSEE FOUNDATION INC 118 PERKINS HALL KNOXVILLE,TN20112	62-1844686	501(C)(3)	50,000	RESEARCH
(20) NATIONAL SOCIETY FOR BLACK ENG -CHICAGO PROF 6530 DOUBLE EAGLE DR WOODRIDGE,IL60517	90-0874547	501(C)(3)	10,000	RESEARCH
(21) 911 MUSEUM AND MEMORIAL 200 LIBERTY ST 16TH FL NEW YORK,NY10281	61-1745872	501(C)(3)	10,000	GENERAL SUPPORT
(22) BOX 15 CLUB INC 1885 WYANDOTTE RD COLUMBUS,OH432121033	31-0968320	501(C)(3)	25,000	GENERAL SUPPORT
(23) CHICAGO SYMPHONY ORCHESTRA ASSOCIATION 220 SOUTH MICHIGAN AVENUE CHICAGO,IL60604	36-2167823	501(C)(3)	20,000	GENERAL SUPPORT
(24) AMERICAN ASSOCIATES OF THE STS FORUM 55 BROAD STREET NEW YORK,NY10174	27-4000050	501(C)(3)	25,000	GENERAL SUPPORT
(25) SOUTHWEST RESEARCH INSTITUTE 6220 CULBERA ROAD SAN ANTONIO,TX78238	74-1070544	501(C)(3)	178,582	GENERAL SUPPORT
(26) UNIVERSITY INDUSTRY DEMONSTRATION PARTNERSHIP INC 1705 RICHLAND ST STE G COLUMBIA,SC29201	47-2867445	501(C)(3)	7,500	RESEARCH
(27) MUSIC OF THE BAROQUE 25 E WASHINGTON ST STE 823 CHICAGO,IL60602	36-2837499	501(C)(3)	7,669	GENERAL SUPPORT
(28) AMERICAN INDIA FOUNDATION 216 EAST 45TH ST 7TH FL NEW YORK,NY10017	13-4159765	501(C)(3)	10,000	RESEARCH
(29) CENTER ON HALSTED 3656 NORTH HALSTED STREET CHICAGO,IL60613	51-0178807	501(C)(3)	10,000	GENERAL SUPPORT
(30) CRISTO REY ST MARTIN COLLEGE PREP 3106 BELVIDERE ROAD WAUKEGAN,IL60085	42-1597059	501(C)(3)	10,000	GENERAL SUPPORT
(31) MUSIC INSTITUTE OF CHICAGO 1702 SHERMAN AVE EVANSTON,IL60201	36-2374224	501(C)(3)	10,000	GENERAL SUPPORT
(32) NAVY SEAL FOUNDATION 1211 WEST 22ND ST STE 620N OAK BROOK,IL60523	31-1728910	501(C)(3)	10,000	GENERAL SUPPORT
(33) RAVINIA 418 SHERIDAN ROAD HIGHLAND PARK,IL60035	36-6002273	501(C)(3)	10,000	GENERAL SUPPORT
(34) ERIKSON INSTITUTE 451 N LA SALLE DR CHICAGO,IL606544510	36-2593545	501(C)(3)	12,000	RESEARCH
(35) NATIONAL SCIENCE TEACHERS ASSOCIATION 1840 WILSON BOULEVARD ARLINGTON,VA22201	52-6055229	501(C)(3)	13,750	GENERAL SUPPORT
(36) THE CATHOLIC CHARITIES 721 N LA SALLE DR CHICAGO,IL60654	85-0110070	501(C)(3)	15,000	GENERAL SUPPORT
(37) BOYS & GIRLS CLUBS OF CHICAGO 2102 WEST MONROE STREET CHICAGO,IL60612	36-2166997	501(C)(3)	25,000	GENERAL SUPPORT
(38) NORTHBROOK SYMPHONY ORCHESTRA 899 SKOKIE BOULEVARD STE LL12 NORTHBROOK,IL60062	36-3078229	501(C)(3)	30,000	GENERAL SUPPORT
(39) UC SAN DIEGO FOUNDATION 9500 GILMAN DRIVE MC 9493 LA JOLLA,CA920930403	95-2872494	501(C)(3)	16,667	RESEARCH
(40) FIRE PROTECTION RESEARCH FOUNDATION 1 BATTERYMARCH PARK QUINCY,MA02169	52-1256543	501(C)(3)	30,000	RESEARCH

Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image

Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50055P

Schedule I (Form 990) 2022

Page 2

Part III

Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.

(a) Type of grant or assistance	(b) Number of recipients	(c) Amount of cash grant	(d) Amount of noncash assistance	(e) Method of valuation (book, FMV, appraisal, other)	(f) Description of noncash assistance

(1)
(2)
(3)
(4)
(5)
(6)
(7)

Part IV

Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.

Return Reference

Explanation

Part I, Line 2 - Procedures for Monitoring the Use of Grant Funds

Grants and other assistance to organizations are governed under the company's Corporate Giving Program Guidelines which seek to: Support UL Research Institutes' commitment to improving the quality of life in communities where UL Research Institutes employees live and work; Sponsor organizations that share UL Research Institutes' deep commitment to promoting safe living and working environments for people; Reflect UL Research Institutes' commitment to science, technology, engineering and mathematics (STEM) education, Advance diversity, equity and inclusion; Align with United Nations Sustainable Development and UN Global Compact principles; and Promote corporate social responsibility and sustainability The use of grant funds are monitored through review and approval by an officer of the organization.

Schedule I (Form 990) 2022

Additional Data

Software ID:
Software Version:

- TIN:

Schedule J
(Form 990)

Department of the Treasury
Internal Revenue Service

Compensation Information

For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet

Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
SchJMediumBullet

Attach to Form 990.
SchJMediumBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2022

Open to Public Inspection

Name of the organization

UNDERWRITERS LABORATORIES INC

Employer identification number

36-1892375

Part I

Questions Regarding Compensation

Yes

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.

First-class or charter travel Housing allowance or residence for personal use

Travel for companions Payments for business use of personal residence

Tax idemnification and gross-up payments Health or social club dues or initiation fees

Discretionary spending account Personal services (e.g., maid, chauffeur, chef)

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 .....

Yes

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? ....

Yes

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.

Compensation committee Written employment contract

Independent compensation consultant Compensation survey or study

Form 990 of other organizations Approval by the board or compensation committee

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:

Receive a severance payment or change-of-control payment? .............

Yes

Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........

Yes

Participate in, or receive payment from, an equity-based compensation arrangement? .........

Yes

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.

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:

The organization? ....................

Any related organization? .......................

If "Yes," on line 5a or 5b, describe in Part III.

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:

The organization? ..................

Any related organization? ......................

If "Yes," on line 6a or 6b, describe in Part III.

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 ............

Yes

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 ..........................

If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50053T

Schedule J (Form 990) 2022

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, 1099-MISC compensation, and/or 1099-NEC			(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
(A) Name and Title		(i) Base compensation	(ii) Bonus & incentive compensation	(iii) Other reportable compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)
1J DOLLIVE TRUSTEE	(i) (ii)	141,250 ------------- 180,625	0 ------------- 0	0 ------------- 0	0 ------------- 0	0 ------------- 0	141,250 ------------- 180,625	0 ------------- 0
2P KHOURY TRUSTEE	(i) (ii)	173,298 ------------- 0	0 ------------- 0	0 ------------- 0	0 ------------- 0	0 ------------- 0	173,298 ------------- 0	0 ------------- 0
3R OWEN TRUSTEE	(i) (ii)	171,319 ------------- 0	0 ------------- 0	0 ------------- 0	0 ------------- 0	0 ------------- 0	171,319 ------------- 0	0 ------------- 0
4D PINES TRUSTEE	(i) (ii)	171,746 ------------- 0	0 ------------- 0	0 ------------- 0	0 ------------- 0	0 ------------- 0	171,746 ------------- 0	0 ------------- 0
5J SHANNON TRUSTEE	(i) (ii)	93,750 ------------- 295,572	0 ------------- 0	0 ------------- 0	0 ------------- 0	0 ------------- 0	93,750 ------------- 295,572	0 ------------- 0
6G WILLIAMS TRUSTEE	(i) (ii)	175,625 ------------- 959	0 ------------- 0	0 ------------- 0	0 ------------- 0	0 ------------- 0	175,625 ------------- 959	0 ------------- 0
7T BRADY PRESIDENT & CEO	(i) (ii)	656,965 ------------- 0	927,000 ------------- 2,791,160	20,131 ------------- 0	27,000 ------------- 0	10,485 ------------- 0	1,641,581 ------------- 2,791,160	0 ------------- 0
8R BLAUSTEIN SVP, CFO (AS OF 5/22)	(i) (ii)	0 ------------- 321,011	0 ------------- 195,000	0 ------------- 673	0 ------------- 15,212	0 ------------- 3,866	0 ------------- 535,762	0 ------------- 0
9R BORGER VP OF HR	(i) (ii)	0 ------------- 284,650	0 ------------- 0	0 ------------- 1,453	0 ------------- 13,628	0 ------------- 3,738	0 ------------- 303,469	0 ------------- 0
10C CRAMER SVP & CRO	(i) (ii)	368,507 ------------- 0	93,960 ------------- 0	5,209 ------------- 0	27,000 ------------- 0	12,793 ------------- 0	507,469 ------------- 0	0 ------------- 0
11C FARMER SVP & COO	(i) (ii)	377,766 ------------- 0	0 ------------- 0	256,729 ------------- 0	21,500 ------------- 0	3,534 ------------- 0	659,529 ------------- 0	0 ------------- 0
12T RIVELLI SVP, CLO, CORPORATE SECRETARY	(i) (ii)	0 ------------- 411,347	0 ------------- 370,060	0 ------------- 3,046	0 ------------- 68,760	0 ------------- 9,487	0 ------------- 862,700	0 ------------- 0
13M BLACK VP & SR. TECHNICAL ADVISOR	(i) (ii)	366,061 ------------- 0	159,551 ------------- 0	2,565 ------------- 0	27,000 ------------- 0	2,682 ------------- 0	557,859 ------------- 0	0 ------------- 0
14J CANFIELD VP OF STRATEGY	(i) (ii)	0 ------------- 248,681	0 ------------- 130,359	0 ------------- 6,487	0 ------------- 27,000	0 ------------- 11,995	0 ------------- 424,522	0 ------------- 0
15K DELPHOS VP, EXECUTIVE DIRECTOR - COMM	(i) (ii)	125,853 ------------- 0	50,000 ------------- 0	25,581 ------------- 0	10,124 ------------- 0	4,051 ------------- 0	215,609 ------------- 0	0 ------------- 0
16J JEEVARAJAN VP, EXECUTIVE DIRECTOR - ESRI	(i) (ii)	232,170 ------------- 0	95,024 ------------- 0	2,003 ------------- 0	27,000 ------------- 0	831 ------------- 0	357,028 ------------- 0	0 ------------- 0
17S KERBER VP, EXECUTIVE DIRECTOR - FSRI	(i) (ii)	251,225 ------------- 0	137,014 ------------- 0	1,440 ------------- 0	20,500 ------------- 0	16,366 ------------- 0	426,545 ------------- 0	0 ------------- 0
18C GIZZI VP EDUCATION, OUTREACH & COMM	(i) (ii)	0 ------------- 38,357	0 ------------- 102,897	0 ------------- 160,986	0 ------------- 4,573	0 ------------- 1,353	0 ------------- 308,166	0 ------------- 0
19B MONKS Until 822 VP ANTI-COUNTERFEITING OPS	(i) (ii)	374,618 ------------- 0	136,462 ------------- 547,318	36,065 ------------- 0	19,881 ------------- 139,677	9,830 ------------- 0	576,856 ------------- 686,995	0 ------------- 0
20R ROBINSON SVP & CFO (UNTIL 8/22)	(i) (ii)	0 ------------- 611,229	0 ------------- 1,758,407	0 ------------- 20,045	0 ------------- 985,132	0 ------------- 12,971	0 ------------- 3,387,784	0 ------------- 0
21K SZCZECH SVP & TREASURER (UNTIL 8/22)	(i) (ii)	0 ------------- 139,523	0 ------------- 315,222	0 ------------- 19,775	0 ------------- 129,137	0 ------------- 5,809	0 ------------- 609,466	0 ------------- 0
22E WEST VP & ASSIST SEC (UNTIL 8/22)	(i) (ii)	0 ------------- 277,858	0 ------------- 242,269	0 ------------- 615	0 ------------- 20,500	0 ------------- 0	0 ------------- 541,242	0 ------------- 0
23D MADRZYKOWSKI DIRECTOR OF RESEARCH, FSRI	(i) (ii)	232,179 ------------- 0	79,039 ------------- 0	1,386 ------------- 0	27,000 ------------- 0	422 ------------- 0	340,026 ------------- 0	0 ------------- 0
24J MCLAUGHLIN EVP & CLO	(i) (ii)	0 ------------- 456,750	0 ------------- 810,066	0 ------------- 1,077	0 ------------- 378,023	0 ------------- 0	0 ------------- 1,645,916	0 ------------- 0
25Z SUSICE DIRECTOR STRATEGY & MARKETING	(i) (ii)	203,790 ------------- 0	74,345 ------------- 0	1,353 ------------- 0	20,500 ------------- 0	4,579 ------------- 0	304,567 ------------- 0	0 ------------- 0
26J FISCHER EVP	(i) (ii)	0 ------------- 114,429	0 ------------- 457,416	0 ------------- 240,989	0 ------------- 27,000	0 ------------- 3,238	0 ------------- 843,072	0 ------------- 0
27A GROOM SVP (FORMER)	(i) (ii)	0 ------------- 0	0 ------------- 424,222	0 ------------- 0	0 ------------- 0	0 ------------- 0	0 ------------- 424,222	0 ------------- 0
28B GUTHRIE VP	(i) (ii)	0 ------------- 255,164	0 ------------- 225,887	0 ------------- 1,649	0 ------------- 18,067	0 ------------- 8,934	0 ------------- 509,701	0 ------------- 0
29C CORREIA SVP	(i) (ii)	0 ------------- 196,829	0 ------------- 2,029,262	0 ------------- 167,454	0 ------------- 27,000	0 ------------- 8,148	0 ------------- 2,428,693	0 ------------- 0
30M SALTZMAN CFO	(i) (ii)	0 ------------- 0	0 ------------- 2,554,628	0 ------------- 0	0 ------------- 0	0 ------------- 0	0 ------------- 2,554,628	0 ------------- 0
31S WEBSTER SVP	(i) (ii)	0 ------------- 332,132	0 ------------- 329,055	0 ------------- 2,233	0 ------------- 27,000	0 ------------- 11,368	0 ------------- 701,788	0 ------------- 0
32K WILLIAMS CEO (FORMER)	(i) (ii)	0 ------------- 0	0 ------------- 20,199,751	0 ------------- 0	0 ------------- 0	0 ------------- 0	0 ------------- 20,199,751	0 ------------- 0
33W ZHOU EVP	(i) (ii)	0 ------------- 608,045	0 ------------- 4,635,695	0 ------------- 16,182	0 ------------- 27,000	0 ------------- 11,205	0 ------------- 5,298,127	0 ------------- 0
34M BHATTACHARYYA Director Strategic Comm.	(i) (ii)	178,178 ------------- 0	61,285 ------------- 0	343 ------------- 0	19,257 ------------- 0	3,361 ------------- 0	262,424 ------------- 0	0 ------------- 0
35G HORN Research Director	(i) (ii)	180,317 ------------- 0	39,024 ------------- 0	1,007 ------------- 0	18,442 ------------- 0	4,100 ------------- 0	242,890 ------------- 0	0 ------------- 0
36K KEENA SNR. DIR., RESEARCH EXPERIENCE	(i) (ii)	164,772 ------------- 0	54,075 ------------- 0	979 ------------- 0	20,500 ------------- 0	603 ------------- 0	240,929 ------------- 0	0 ------------- 0

Schedule J (Form 990) 2022

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 TRAVEL	TWO OFFICERS AND ONE HIGHEST COMPENSATED EMPLOYEE LISTED IN PART VII, SECTION A RECEIVED FIRST-CLASS TRAVEL IN 2022.
Part I, Line 3 - Compensation of Organization's CEO/Executive Director	THE PROCESS OF DETERMINING COMPENSATION FOR THE CEO, ALL OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION IS PERFORMED ANNUALLY. AN INDEPENDENT COMPENSATION CONSULTANT COMPLETES AN ANALYSIS OF COMPARABLE AND COMPETITIVE MARKET DATA WITH DATA ASSISTANCE FROM UNDERWRITERS LABORATORIES INC.'S HR/COMPENSATION GROUP. IT COVERS TOP MANAGEMENT OFFICIALS OF THE ORGANIZATION, INCLUDING ELECTED OFFICERS THROUGH VICE PRESIDENTS. THE ANALYSIS IS REVIEWED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES, WHO PROVIDES FINAL APPROVAL OF ALL COMPENSATION ARRANGEMENTS.THE CEO AND SVP OF HR ARE PRESENT IN ALL COMPENSATION COMMITTEE MEETINGS BUT RECUSE THEMSELVES FOR DISCUSSION OF THEIR COMPENSATION. IN ADDITION, THE ORGANIZATION FOLLOWS THE PROCEDURES UNDER TREASURY REGULATION SECTION 53.4958-6 TO MEET THE REBUTTABLE PRESUMPTION OF REASONABLNESS FOR ALL TRANSACTIONS WITH DISQUALIFIED PERSONS. A WRITTEN EMPLOYMENT CONTRACT IS ESTABLISHED FOR ALL OFFICERS.
Part I, Line 4 - Severance, Nonqualified, and Equity-Based Payments	Severance Nonqualified Equity-Based Comp BRADY 0 16,715 2,482,160 ROBINSON 0 14,600 548,995 BLACK 0 217 0 GIZZI 152,440 0 0 FISCHER 223,333 0 122,921 HEWSON 116,349 0 1,131,840 CORREIA 141,412 0 1,754,341 ZHOU 0 13,250 3,586,125 SALTZMAN 0 0 2,554,628 WILLIAMS 0 0 17,478,714 WEBSTER 0 0 79,889 RIVELLI 0 0 27,652 MONKS 0 0 477,665 SZCZECH 0 0 66,442 MCLAUGHLIN 0 0 204,855 GROOM 0 0 213,037 GUTHRIE 0 0 47,123
Part I, Line 7 - NON-FIXED PAYMENTS	THE COMPANY HAS AN ALL EMPLOYEE INCENTIVE PLAN. THE PLAN IS BASED ON A COMBINATION OF THE COMPANY'S FINANCIAL PERFORMANCE MEASURES, AND DISCRETIONARY INDIVIDUAL ASSESSMENT, AS APPROVED BY THE COMPENSATION COMMITTEE.
Part III - Other Additional Information	THE FOLLOWING OFFICERS AND FORMER OFFICERS WERE COMPENSATED FROM UNDERWRITERS LABORATORIES INC.'S RELATED ORGANIZATIONS, UL LLC, ULSE, OR A RELATED FOREIGN AFFILIATE: DOLLIVE, SHANNON, WILLIAMS, BRADY, RIVELLI, GIZZI, MONKS, ROBINSON, SZCZECH, WEST, BLAUSTEIN, BORGER, CANFIELD, MCLAUGHLIN, FISCHER, GROOM, GUTHRIE, HEWSON, CORREIA, SALTZMAN, WEBSTER, WILLIAMS, AND ZHOU. UL LLC ALSO PROVIDED SUPPLEMENTAL NONQUALIFIED RETIREMENT PLANS TO FORMER OFFICERS ROBINSON AND ZHOU. IN 2022 THE RELATED ORGANIZATION CONTRIBUTED $14,600 AND $12,250, RESPECTIVELY, TO THE INDIVIDUAL'S PLANS.

Schedule J (Form 990) 2022

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2021

Open to Public
Inspection

Name of the organization

UNDERWRITERS LABORATORIES INC

Employer identification number

36-1892375

Return Reference	Explanation
Form 990, Part I & Part III, Line 1 - Organization's Mission	THE SLOGAN FOR UNDERWRITERS LABORATORIES INC. AND ITS AFFILIATES IS "WORKING FOR A SAFER WORLD,ITS MISSION IS: - TO PROMOTE SAFE LIVING AND WORKING ENVIRONMENTS FOR PEOPLE BY THE APPLICATION OF SAFETY SCIENCE AND HAZARD-BASED SAFETY ENGINEERING. - TO SUPPORT THE PRODUCTION AND USE OF PRODUCTS WHICH ARE PHYSICALLY AND EVIRONMENTALLY SAFE AND TO APPLY OUR EFFORTS TO PREVENT OR REDUCE LOSS OF LIFE AND PROPERTY - TO ADVANCE SAFETY SCIENCE THROUGH RESEARCH AND INVESTIGATION - TO CONCENTRATE OUR EFFORTS AND RESOURCES ON PUBLIC SAFETY IN THOSE AREAS WHERE WE CAN MAKE VALUABLE CONTRIBUTIONS - TO INVEST IN OUR PEOPLE AND ENCOURAGE OUR PEOPLE TO INVEST IN THEMSELVES - TO BE A GOOD EXAMPLE OF CORPORATE CITIZENSHIP AND SOCIAL RESPONSIBILITY.
Form 990 - Part VI, Line 2 - Family or Business Relationship	TERRANCE BRADY AND JAMES SHANNON HAVE A BUSINESS RELATIONSHIP. JAMES SHANNON AND JAMES DOLLIVE HAVE A BUSINESS RELATIONSHIP.
Form 990 - Part VI, Line 6 - Classes of Members or Stockholders	THE ORGANIZATION HAS MEMBERS DESIGNATED AS "CORPORATE MEMBERS," WHOSE PRIMARY PURPOSE IS TO ELECT MEMBERS OF THE ORGANIZATION'S GOVERNING BODY. CORPORATE MEMBERS CONSIST OF PROMINENT INDIVIDUALS ASSOCIATED WITH THE FOLLOWING CATEGORIES: PROPERTY & CASUALTY INSURANCE INDUSTRY, CONSUMER INTEREST, EDUCATION, PUBLIC SAFETY BODY OR AGENCY, SAFETY EXPERT, STANDARDIZATION EXPERT, PUBLIC UTILITY, OFFICER OF THE ORGANIZATION, OR AT LARGE. CORPORATE MEMBERS DO NOT RECEIVE ANY SHARE OF THE ORGANIZATION'S PROFITS OR EXCESS DUES, AND THERE ARE NO DISTINGUISHING CLASSES OR LEVELS FOR CORPORATE MEMBERS.
Form 990 - Part VI, Line 7a - Election of Members and Their Rights	THE CORPORATE MEMBERS HAVE THE DUTY TO APPOINT ONE OR MORE MEMBERS OF THE ORGANIZATION'S GOVERNING BODY, WHICH IS THE BOARD OF TRUSTEES. A MAJORITY OF THE MEMBERS, PRESENT IN PERSON OR REPRESENTED BY PROXY, CONSTITUTES A QUORUM AT ALL MEETINGS OF CORPORATE MEMBERS FOR THE TRANSACTION OF BUSINESS EXCEPT AS OTHERWISE PROVIDED BY STATUTE OR CERTIFICATE OF INCORPORATION. EACH CORPORATE MEMBER IS ENTITLED TO ONE VOTE IN PERSON OR PROXY.
Form 990 - Part VI, Line 7b - Decisions Subject to Approval of Members	UNDER THE LAW OF THE STATE OF INCORPORATION, CERTAIN ACTIONS SUCH AS COMPLETE DISSOLUTION OF THE ORGANIZATION, AS DECIDED BY THE BOARD OF TRUSTEES WOULD BE SUBJECT TO APPROVAL BY THE CORPORATE MEMBERS. EACH CORPORATE MEMBER IS ENTITLED TO ONE VOTE IN PERSON OR PROXY.
Form 990 - Part VI, Line 11b - Organization's Process to Review Form 990	THE FORM 990 TAX RETURN IS PREPARED BY AN OUTSIDE PROFESSIONAL ACCOUNTING FIRM. A DRAFT OF THE RETURN IS INITIALLY REVIEWED BY THE TAX MANAGER, AFTER WHICH IT IS SENT FOR OFFICERS REVIEW, WHICH INCLUDE THE SVP/CHIEF FINANCIAL OFFICER AND VP OF LEGAL AFFAIRS. THE PROFESSIONAL ACCOUNTING FIRM ALSO SIGNS OFF ON THE RETURN AS THE PAID PREPARER OF THE RETURN. A COPY OF THE TAX RETURN IS ALSO MADE AVAILABLE TO THE COMPANY'S BOARD MEMBERS PRIOR TO THE FILING DATE.
Form 990 - Part VI, Line 12c - Enforcement of Conflicts Policy	UNDERWRITERS LABORATORIES INC. REQUIRES ITS TRUSTEES AND OFFICERS TO SIGN OFF ON A CERTIFICATION OF COMPLIANCE TO THE ORGANIZATION'S STANDARDS OF BUSINESS CONDUCT AS WELL AS A DECLARATION OF COMPLIANCE WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. ADDITIONALLY, THE ORGANIZATION REQUIRES ALL OF ITS EMPLOYEES TO UNDERGO ETHICS TRAINING AND SIGN A CERTIFICATION OF COMPLIANCE ON AN ANNUAL BASIS.THE TRUSTEES ARE REQUIRED TO PROVIDE ANNUAL DISCLOSURE OF ANY CONFLICTS OR POTENTIAL CONFLICTS.
Form 990 - Part VI, Line 15a - Compensation Process for Top Official	THE PROCESS OF DETERMINING COMPENSATION FOR THE CEO, ALL OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION IS PERFORMED ANNUALLY. AN INDEPENDENT COMPENSATION CONSULTANT COMPLETES AN ANALYSIS OF COMPARABLE AND COMPETITIVE MARKET DATA WITH DATA ASSISTANCE FROM UNDERWRITERS LABORATORIES INC.'S HR/COMPENSATION GROUP. IT COVERS TOP MANAGEMENT OFFICIALS OF THE ORGANIZATION, INCLUDING ELECTED OFFICERS THROUGH VICE PRESIDENTS. THE ANALYSIS IS REVIEWED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES, WHO PROVIDES FINAL APPROVAL OF ALL COMPENSATION ARRANGEMENTS. THE CEO AND SVP OF HR ARE PRESENT IN ALL COMPENSATION COMMITTEE MEETINGS BUT RECUSE THEMSELVES FOR DISCUSSION OF THEIR COMPENSATION. IN ADDITION, THE ORGANIZATION FOLLOWS THE PROCEDURES UNDER TREASURY REGULATION SECTION 53.4958-6 TO MEET THE REBUTTABLE PRESUMPTION OF REASONABLENESS FOR ALL TRANSACTIONS WITH DISQUALIFIED PERSONS.
Form 990 - Part VI, Line 15b - Compensation Process for Officers	PLEASE SEE ABOVE.
Form 990 - Part VI, Line 19 - Governing Documents Disclosure Explanation	THE BY-LAWS OF THE ORGANIZATION ARE PRINTED AS A BROCHURE AND MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE DELAWARE CERTIFICATE OF INCORPORATION CAN BE OBTAINED BY ANYONE WHO REQUESTS IT THROUGH THE DELAWARE SECRETARY OF STATE'S OFFICE. UNDERWRITERS LABORATORIES INC. DOES NOT MAKE ITS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. IN ADDITION TO BEING AVAILABLE BY REQUEST FROM THE ORGANIZATION, THE FORM 990 IS ALSO AVAILABLE AT GUIDESTAR.ORG.
FORM 990, PART VII, K. WILLIAMS COMPENSATION-	K. WILLIAMS WAS THE CEO OF UL SOLUTIONS, INC., A RELATED ORGANIZATION, FROM 2005-2019. HIS COMPENSATION CONSISTS OF VARIABLE INCENTIVE PLAN ACCUMULATED OVER THE COURSE OF HIS CAREER PAID BY A RELATED ORGANIZATION, UL LLC.
FORM 990 PART IX LINE 11G	DESCRIPTION:OTHER SERVICES TOTAL FEES:13315761

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990) 2021

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE R
(Form 990)

Department of the Treasury
Internal Revenue Service

Related Organizations and Unrelated Partnerships

Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
MediumBullet

Attach to Form 990.
MediumBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2021

Open to Public Inspection

Name of the organization

UNDERWRITERS LABORATORIES INC

Employer identification number

36-1892375

Part I

Identification of Disregarded Entities. Complete if the organization answered "Yes" on Form 990, Part IV, line 33.

(a) Name, address, and EIN (if applicable) of disregarded entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Total income	(e) End-of-year assets	(f) Direct controlling entity

Part II

Identification of Related Tax-Exempt Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	(g) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	Yes	No
(1)UL DO BRASIL CERTIFICACOES Rua Fidencio Ramos 195-5 Andar Vila Ol Sao Paulo CEP04551-0 BR	PBLC SFTY	BR			UL HBV		No
(2)ULC STANDARDS 7 UNDERWRITERS ROAD MIR 384 TORONTO CA	PBLC SFTY	CA			ULSE	Yes
(3)ULSE INC 333 PFINGSTEN ROAD NORTHBROOK,IL60062 30-1211139	SOCL WELFARE	DE	501(C)(4)		ULRI	Yes

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50135Y

Schedule R (Form 990) 2021

Page 2

Part III

Identification of Related Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it had one or more related organizations treated as a partnership during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?		(k) Percentage ownership
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No	(k) Percentage ownership

Part IV

Identification of Related Organizations Taxable as a Corporation or Trust. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(h) Percentage ownership	(i) Section 512(b)(13) controlled entity?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(h) Percentage ownership	Yes	No
(1) UL LLC 333 PFINGSTEN RD NORTHBROOK,IL60062 94-3282454	PBLC SFTY	DE	UL INC	C	0	0	0 %	Yes
(2) UL VERIFICATION SERVICES INC 333 PFINGSTEN RD NORTHBROOK,IL60062 27-2031099	PBLC SFTY	DE	UL LLC	C	0	0	0 %	Yes
(3) UL CCIC CO LTD 98 HENGSHAN RD SUZHOU CH	PBLC SFTY	CH	UL INC	C	0	0	0 %	Yes
(4) UL DE ARGENTINA SRL FLORIDA 833 PISO 2DO BUENOS AIRES AR	PBLC SFTY	AR	UL SA RL	C	0	0	0 %	Yes
(5) UL DE MEXICO SA DE CV BLAS PASCAL 205 2DO LOS MORALES MEXICO CITY 11510 MX	PBLC SFTY	MX	UL SA RL	C	0	0	0 %	Yes
(6) UL DO BRASIL LTDA 195 FIDENCIO RAMOS ST 5TH FLR STE 1 SAO PAULO BR	PBLC SFTY	BR	UL SA RL	C	0	0	0 %	Yes
(7) UL (CHINA) HOLDINGS COMPANY LTD 38F CIROS PLAZA 388 W NANJING RD SHANGHAI CH	PBLC SFTY	CH	UL SINGAPORE	C	0	0	0 %	Yes
(8) UL INDIA PRIVATE LTD KALYANI PLATINAPHS I 3-FL EPIP-2 KUNDALAHALLI IN	PBLC SFTY	IN	UL SINGAPORE	C	0	0	0 %	Yes
(9) UL INTERNATIONAL (FRANCE) SA 4 RUE RENE RAZEL SACLAY 91894 FR	PBLC SFTY	FR	UL SA RL	C	0	0	0 %	Yes
(10) UL INTERNATIONAL (GERMANY) GMBH ADMIRAL-ROSENDAHL-STRASSE 9 D63236 NEU ISENBURG GM	PBLC SFTY	GM	UL SA RL	C	0	0	0 %	Yes
(11) UL INTERNATIONAL (ITALIA) SRL VIA ARCHIMEDE 42 20864 AGRATE BRIANZA,MI IT	PBLC SFTY	IT	UL SA RL	C	0	0	0 %	Yes
(12) UL INTERNATIONAL (NETHERLANDS) BV DELTA 1A 6825ML ARNHEM NL	PBLC SFTY	NL	UL GMBH	C	0	0	0 %	Yes
(13) UL INTERNATIONAL (SWEDEN) AB STORBYVAGEN 2-4 163 29 SPANGA CTR SPANGA SW	PBLC SFTY	SW	UL SA RL	C	0	0	0 %	Yes
(14) UL INTERNATIONAL (UK) LTD WONERSH HSE OLD PORTSMOUTH RD GUILDFORD UK	PBLC SFTY	UK	UL SA RL	C	0	0	0 %	Yes
(15) UL INTERNATIONAL AUSTRALIA PTY LTD 600 BOURKE STREET MELBOURNE AS	PBLC SFTY	AS	UL GMBH	C	0	0	0 %	Yes
(16) UL INTERNATIONAL DEMKO AS BORUPVANG 5A 2750 BALLERUP DA	PBLC SFTY	DA	UL SA RL	C	0	0	0 %	Yes
(17) UL INTERNATIONAL LTD DELTA HOUSE 3 ON YIU ST 18TH FL SHATIN,NT HK	PBLC SFTY	HK	UL SA RL	C	0	0	0 %	Yes
(18) UL INTERNATIONAL NEW ZEALAND LTD 234-29 ALBERT ST AUCKLAND NZ	PBLC SFTY	NZ	UL SA RL	C	0	0	0 %	Yes
(19) UL INTERNATIONAL POLSKA SP ZOO A1 KRAKOWSKA 81 05-090 SEKOCIN NOWY PL	PBLC SFTY	PL	UL SA RL	C	0	0	0 %	Yes
(20) UL JAPAN INC 4383-326 ASAMA-CHO ISESHI,MIE516-0021 JA	PBLC SFTY	JA	UL SA RL	C	0	0	0 %	Yes
(21) UL KOREA LTD 707-34 YEOKSAM-DONG SEOUL,GANGNAM-GU135-080 KN	PBLC SFTY	KN	UL SA RL	C	0	0	0 %	Yes
(22) UL SERVICES (MALAYSIA) SDN BHD LINGKARAN SYED PUTRA 59200 KUALA LUMPUR MY	PBLC SFTY	MY	UL SA RL	C	0	0	0 %	Yes
(23) UL VERIFICATION SERVICES (GUANGZHOU) RM 104 NO 265 ZHUJIANG EAST RD GUANGZHOU CITY CH	PBLC SFTY	CH	UL VS PTY LTD	C	0	0	0 %	Yes
(24) UL VERIFICATION SERVICES PVT LTD 39 ROBINSON RD 07-01 ROBINSON POINT 68911 SN	PBLC SFTY	SN	UL SA RL	C	0	0	0 %	Yes
(25) UNDERWRITERS LABORATORIES IBERICA SL AVDA DIAGONAL 407 4 1 A BARCELONA 8008 SP	PBLC SFTY	SP	UL SA RL	C	0	0	0 %	Yes
(26) UNDERWRITERS LABORATORIES TAIWAN CO LTD 260 DA-YEH RD 1ST FLR TAIPEI CITY,PEITOU DISTRICT112 TW	PBLC SFTY	TW	UL GMBH	C	0	0	0 %	Yes
(27) UNDERWRITERS LABORATORIES THAILAND LTD 29TH FL NO 999/9 RAMA I RD BANGKOK TH	PBLC SFTY	TH	UL LLC	C	0	0	0 %	Yes
(28) UNDERWRITERS LABORATORIES OF CANADA 7 UNDERWRITERS ROAD TORONTO,ONM1R 3A9 CA	PBLC SFTY	CA	UL SA RL	C	0	0	0 %	Yes
(29) MD REGISTRATION SUPPORT LTD GRENZENSTRASSE 13 D-88416 OCHSENHAUSEN GM	PBLC SFTY	GM	UL SA RL	C	0	0	0 %	Yes
(30) UNDERWRITERS LABORATORIES ME FZCO AIRPORT FREEZONE OFFICE NO 4WA 421 DUBAI AE	PBLC SFTY	AE	UL SA RL	C	0	0	0 %	Yes
(31) RFI CHINA HOLDINGS LIMITED ROOM 1902 19F ASIA ORIENT TOWER 33 ROCKHART ROAD HK	PBLC SFTY	HK	UL SA RL	C	0	0	0 %	Yes
(32) UL INC 333 PFINGSTEN ROAD NORTHBROOK,IL60062 27-0913800	PBLC SFTY	DE	UL INC(NFP)	C	0	0	0 %	Yes
(33) UL TRANSACTION SECURITY PTY LTD 130 HIGH STREET ROAD UNIT 3 ASHWOOD AS	PBLC SAFETY	AS	UL GMBH	C	0	0	0 %	Yes
(34) STR BANGLADESH PRIVATE LTD 16 KEMAL ATATURK AVE BANANI BG	PBLC SFTY	BG	UL VS HK	C	0	0	0 %	Yes
(35) UL VS BANGLADESH LTD HOUSE NO-1 1ST FLR RD NO-12 BLOCK K GULSHAN BG	PBLC SFTY	BG	UL SA RL	C	0	0	0 %	Yes
(36) DEWI DO BRASIL EDEE LTDA AV NOVE DE JULHO 95 ED CTR 9 RM 23 SAO JOSE BR	PBLC SFTY	BR	DEWI GMBH	C	0	0	0 %	Yes
(37) UL VS SHANGHAI LIMITED 38F CIROS PLAZA 388 W NANJING RD SHANGHAI CH	PBLC SFTY	CH	UL VS HK	C	0	0	0 %	Yes
(38) DEWI OFFSHORE & CERTIFICATION CNTR GMBH AM SEEDEICH 9 D27472 CUXHAVEN GM	PBLC SFTY	GM	DEWI GMBH	C	0	0	0 %	Yes
(39) UL VS HONG KONG LIMITED 16-17F TOWER B REGENT CENTER KWAI HK	PBLC SFTY	HK	UL SA RL	C	0	0	0 %	Yes
(40) INSTITUTO CERTIFICAZIONE QUALITA SRL VIA EUROPA 28 CABIATE IT	PBLC SFTY	IT	ICQ H SRL	C	0	0	0 %	Yes
(41) NUOVO ISTITUTO ITALIANO SICUREZZE DEI VIA EUROPA 28 CABIATE IT	PBLC SFTY	IT	ICQ H SRL	C	0	0	0 %	Yes
(42) UNDERWRITERS LABORATORIES HOLDING BV DELTA 1B ARNHEM NL	HOLDING CO	NL	UL SARL	C	0	0	0 %	Yes
(43) UL RESPONSIBLE SOURCING MEXICO SA DE CV AVE JUAREZ 2111601 CO LA PAZ PUEBLA PUE 72160 MX	PBLC SFTY	MX	UL RS	C	0	0	0 %	Yes
(44) UL TS BV DE HEYDERWEG 1 2314 XZ LEIDEN NL	PBLC SFTY	NL	COLLIS H BV	C	0	0	0 %	Yes
(45) COLLIS HOLDING BV DE HEYDERWEG 1 2314 XZ LEIDEN NL	PBLC SFTY	NL	UL SA RL	C	0	0	0 %	Yes
(46) UL VS SOUTH AFRICA PROPRIETARY LTD 2 EGLIN RD SUNNINGHIL 2157 SF	PBLC SFTY	SF	UL SA RL	C	0	0	0 %	Yes
(47) UL VS TAIWAN LTD 260 DA-YEH RD 1ST FLR TAIPEI CITY,PEITOU DISTRICT TW	PBLC SFTY	TW	UL SA RL	C	0	0	0 %	Yes
(48) ICQ (MED) SARL 33 BLOC A RESIDENCE FAYROUZ LAC II TUNIS TS	PBLC SFTY	TS	ICQ SRL	C	0	0	0 %	Yes
(49) UL VS LHAS TAKSIM LAMARTIN CADDESI NO 10 ISTANBUL TU	PBLC SFTY	TU	STR TURKEY	C	0	0	0 %	Yes
(50) UL TS FZE PO BOX 341060TECHNOPOINT BLDG DUBAI AE	PBLC SFTY	AE	COLLIS H BV	C	0	0	0 %	Yes
(51) UL VERIFICATION SERVICES LTD ASHWOOD PRK ASHWOOD WAY BASINGSTOKE HAMPSHIRE UK	PBLC SFTY	UK	UL UK	C	0	0	0 %	Yes
(52) UL VS VIETNAM CO LTD 9/9 NGUYEN TUONG ST WARD 6 BINH THANH DISTRI VM	PBLC SFTY	VM	UL SA RL	C	0	0	0 %	Yes
(53) TESTTECH LABORATORIOS DE AVALIACAO DA CO RUA SANTA MADALENA 263 BARRIO BOM PORTO ALEGRE 91420-490 BR	PBLC SFTY	BR	UL DO BRASIL LT	C	0	0	0 %	Yes
(54) UL STS CO LTD 1128 WENHUI ROAD SONGJIANG,SHANGHAI CH 27-0913800	PBLC SFTY	CH	EMT	C	0	0	0 %	Yes
(55) FUTUREMARK OY KAPPELITIE 6 ESPOO 2200 FI	PBLC SFTY	FI	UL INC	C	0	0	0 %	Yes
(56) UL SHIMADZU LABORATORY CO 1 NISHINOKYO-SHIMOAICHO KYOTO NAKAGYOKU 604-8436 JA	PBLC SFTY	JA	UL INC	C	0	0	0 %	Yes
(57) UL INTERNATIONAL GMBH 1 NISHINOKYO-SHIMOAICHO KYOTO NAKAGYOKU 604-8436 JA	PBLC SFTY	JA	DEWI GMBH	C	0	0	0 %	Yes
(58) GREEN SAFETY (SHANGHAI) 38F CIROS SQUARE388 WEST NANJING F CIROS SQUARE WEST NANJING CH	PBLC SFTY	CH	UL SARL	C	0	0	0 %	Yes
(59) UL INTERNATIONAL INDONESIA GRANDARIA OFFICES 8 10TH FL UNIT C DKI JAKARTA 12240 ID	PBLC SFTY	ID	UL SARL	C	0	0	0 %	Yes
(60) UL SERVICES GROUP LLC 463 NEW KARNER ROAD ALBANY,NY12205 14-1813081	PBLC SFTY	NY	UL INC	C	0	0	0 %	Yes
(61) CONSUMER TESTING LABORATORIES (FAR EAST) 7TH FL RILEY HOUSE 88 LEI MUK RD KWAI CHUNG HK 98-0434958	PBLC SFTY	HK	UL INC	C	0	0	0 %	Yes
(62) CONSUMER TESTING LABORATORIES LTD 270 TEJGOANI/A NOVO TOWER 7TH FL DHAKA 1208 BU 98-0434958	OPBLC SFTY	BU	UL INC	C	0	0	0 %	Yes
(63) AWS TRUEPOWER DO BRAZIL LTDA SETE DE SETEMBRO 5485 APTO 901 CURITIBA 80240-0001 BR 39-2049336	PBLC SFTY	BR	UL INC	C	0	0	0 %	Yes
(64) CONSUMER TESTING LABORATORIES (SHENZHEN SETE DE SETEMBRO 5485 APTO 901 CURITIBA 80240-0001 BR	PBLC SFTY	BR	UL INC	C	0	0	0 %	Yes
(65) CR EDIT 360 GLOBAL LIMITED HUMPTER HOUSE 8 STATION ROAD HISTO CAMBRIDGE CB24 9LQ UK 98-0434957	PBLC SFTY	UK	UL INC	C	0	0	0 %	Yes
(66) SAFEWARE INVESTORS LIMITED 14 PHOENIX PARK TELFORD WAY COALV LEICESTERSHIRE UK	PBLC SFTY	UK	UL INC	C	0	0	0 %	Yes
(67) SAFEWARE QUASAR LIMITED 14 PHOENIX PARK TELFORD WAY COALV LEICESTERSHIRE UK	PBLC SFTY	UK	UL INC	C	0	0	0 %	Yes
(68) UL MOROCCO LLC RES AL FATH 217 BD BRAHIM ROUDANI CASABLANCA MO	PBLC SFTY	MO	UL INC	C	0	0	0 %	Yes
(69) UL DE COLOMBIA SAS CARRERA 62 NO 103-44 OF BOGOTA CO	PBLC SFTY	CO	UL INC	C	0	0	0 %	Yes
(70) EMERGO ASIA PACIFIC LTD PTY 201 SUSSEX ST DARLING PARK TOWER I SYDNEY,NSW2000 AS AS	PBLC SFTY	AS	UL INC	C	0	0	0 %	Yes
(71) EMERGO CONSULTING UK LIMITED SHEFFIELD TECH PARKS COOPER STE 14 SHEFFIELD S1 2NS UK	PBLC SFTY	UK	UL INC	C	0	0	0 %	Yes
(72) EMERGO SINGAPORE CONSULTING PTE LTD 1 FULLERTON ROAD 02-01 ONE FULLER 49213 SN	PBLC SFTY	SN	UL INC	C	0	0	0 %	Yes
(73) EMERGO TAIWAN LIMITED 14/F NO 8 SEC 5 XINYI RD TAIPEI 11049 TW	PBLC SFTY	TW	UL INC	C	0	0	0 %	Yes
(74) EMERGO EUROPE BV MOLENSTRAAT 15 THE HAGUE 2513 BH NL	PBLC SFTY	NL	UL INC	C	0	0	0 %	Yes
(75) EMERGO DEUTSCHLAND GMBH POSTSTRESSE 33 HAMBURG 20354 GM	PBLC SFTY	NL	UL INC	C	0	0	0 %	Yes
(76) EMERGO FRANCE SAS 13 RUE CAMILLE DESMOULINS ISSY LES MOULINEAUX 92130 FR	PBLC SFTY	FR	UL INC	C	0	0	0 %	Yes
(77) EMERGO EUROPE CONSULTING BV PRINSESSEGRACHT 20 THE HAGUE 2514 AP NL	PBLC SFTY	NL	UL INC	C	0	0	0 %	Yes
(78) EMERGO KOREA LIMITED KOLON SCIENCE VALLEY II 14TH FLR SEOUL 55 KN	PBLC SFTY	KN	UL INC	C	0	0	0 %	Yes
(79) EMERGO ISRAEL LIMITED 19/1 HASHITA ST YOQNEAM 20692 IS	PBLC SFTY	IS	UL INC	C	0	0	0 %	Yes
(80) EMERGO HONG KONG LIMITED UNIT 3709 37TH FLR TOWER II LI89 QUEENSWAY ADMIRALTY HK	PBLC SFTY	HK	UL INC	C	0	0	0 %	Yes
(81) EMERGO MALAYSIA SDN BHD LEVEL 16 1 SENTRAL JALAN STESEN S KUALA LUMPUR MY	PBLC SFTY	MY	UL INC	C	0	0	0 %	Yes
(82) EMERGO COSTA RICA SRL CENTRO CORPORATIVO PLAZA ROBLE ESCAZU SAN JOSE CS	PBLC SFTY	CS	UL INC	C	0	0	0 %	Yes
(83) EMERGO PERU SRL CALLE LAS ORQUIDEAS 585 EDIFICIO F SAN ISIDRO LIMA 27 PE	PBLC SFTY	PE	UL INC	C	0	0	0 %	Yes
(84) EMERGO CLINICAL BV PRINSESSEGRACHT 20 THE HAGUE 2514 AP NL	PBLC SFTY	NL	UL INC	C	0	0	0 %	Yes
(85) EMERGO (INDIA) CONSULTING PVT LTD PLOT NO 8/1 1ST FLR KAKAGU SECUNDERABAD AP 500009 IN	PBLC SFTY	IN	UL INC	C	0	0	0 %	Yes
(86) EMERGO CONSULTING LLC 4TH LESNOY PER 4 MOSCOW 125047 RS	PBLC SFTY	RS	UL INC	C	0	0	0 %	Yes
(87) EMERGO SRL MONTECITO 38 PISO 34 BENITO JUAREZ CP 03810 MX	PBLC SFTY	MX	UL INC	C	0	0	0 %	Yes
(88) CHEMADVISOR EUROPE SPRL SABLON TOWER RUE JOSEPH STEVENS 7 BRUSSELS 1000 BE	PBLC SFTY	BE	UL INC	C	0	0	0 %	Yes
(89) UL BUSINESS SOLUTIONS CANADA INC 29 CAPITAL DRIVE STE 200 OTTAWA,ONTARIOK2G 0E7 CA	PBLC SFTY	CA	UL INC	C	0	0	0 %	Yes
(90) UL LABORATORY CANADA INC 420 CHAREST EAST BLVD STE 300 QUEBEC G1K 8M4 CA	PBLC SFTY	CA	UL INC	C	0	0	0 %	Yes
(91) EMERGO JAPAN CONSULTING KK MG ICHIGAYA 6F 19-1 HARAIKATAMACHI TOKYO JA	PBLC SFTY	JA	UL INC	C	0	0	0 %	Yes
(92) DQS GMBH DEUTSCHE GESSELSHAFT AUGUST-SCHANZ STR 21 FRANKFURT 60433 GM	PBLC SFTY	GM	UL SARL	C	0	0	0 %	Yes
(93) UNDERWRITERS LABORATORIES BV DELTA 1B ARNHEM 6825 ML NL	PBLC SFTY	NL	UL SARL	C	0	0	0 %	Yes
(94) UL RUSSIA ZEMLYANOY VAL 9 FLOOR 4 ROOM II MOSCOW 105064 RS	PBLC SFTY	RS	UL INC	C	0	0	0 %	Yes
(95) UL CHANGZHOU QTS 21 LONGMEN ROAD WUJIN,JIANGSU213100 CH	PBLC SFTY	CH	UL CHINA HOLDIN	C	0	0	0 %	Yes
(96) EMERGO URUGUAY	PBLC SFTY	UY	UL INC	C	0	0	0 %	Yes
(97) DOKIMI GROUP HALESFIELD 2 SHROPSHIRE,TELFORDTF7 4QH UK	PBLC SFTY	UK	UL SARL	C	0	0	0 %	Yes
(98) PANGOLIN PROPERTIES HALESFIELD 2 SHROPSHIRE,TELFORDTF7 4QH UK	PBLC SFTY	UK	UL SARL	C	0	0	0 %	Yes
(99) GULF RENEWABLE ENERGY LAB 3RD INDUSTRIAL CITY PO BOX 39558 DAMMAN,KHOBAR31942 SA	PBLC SFTY	SA	UL SARL	C	0	0	0 %	Yes
(100) UL IRELAND OPERATIONS LIMITED WESTLAND SQUARE 33 PEARSE STREET DUBLIN 2 EI	PBLC SFTY	EI	UL GMBH	C	0	0	0 %	Yes
(101) UL SERVICES SPAIN SL BARCELONA SCIENCE PARK BARCELONA FC 8028 SP	PBLC SFTY	SP	UL INC	C	0	0	0 %	Yes
(102) UL BUSINESS SERVICES INDIA LLP NO1 6TH CROSS AMARAJYOTHI CO-OPE BANGLORE 560040 IN	PBLC SFTY	IN	UL INC	C	0	0	0 %	Yes
(103) UL TELFORD UK LTD HALESFIELD 2 SHROPSHIRE,TELFORDTf74QH UK	PBLC SFTY	UK	UL SARL	C	0	0	0 %	Yes
(104) EMERGO MEDICAL TECHNOLOGY UNIT 1103B EAST TOWER TWIN TOWERS BEIJING CHAOYANG DISTRICT CH	PBLC SFTY	CH	UL INC	C	0	0	0 %	Yes
(105) METHOD PARK HOLDING WETTERKREUZ 19A ERLANGEN 91058 GM	PBLC SFTY	GM	UL INC	C	0	0	0 %	Yes
(106) METHOD PARK SOFTWARE AG WETTERKREUZ 19A ERLANGEN 91058 GM	PBLC SFTY	GM	UL INC	C	0	0	0 %	Yes
(107) METHOD PARK CONSULTING GMBH WETTERKREUZ 19A ERLANGEN 91058 GM	PBLC SFTY	GM	UL INC	C	0	0	0 %	Yes
(108) METHOD PARK ENGINEERING GMBH WETTERKREUZ 19A ERLANGEN 91508 GM	PBLC SFTY	GM	UL INC	C	0	0	0 %	Yes
(109) METHOD PARK CONSULTING (SHANGHAI) TIANHUI BUSINESS PLAZA 968 JINZHON SHANGHAI CH	PBLC SFTY	CH	UL INC	C	0	0	0 %	Yes
(110) UL BUSINESS SERVICES MEXICO PASEO DE LA REFORMA 383 PISO 7 CUAUHTEMOC MX	PBLC SFTY	MX	UL SERVICES GRO	C	0	0	0 %	Yes
(111) CR EDIT 360 LIMITED SUMPTER HOUSE 8 STATION ROAD CAMBRIDGE UK	PBLC SFTY	UK	UL GMBH	C	0	0	0 %	Yes
(112) SPECIALIZED TECH RESOURCES LANKA PVT 29 BRAYBROOKE STREET COLOMBO CE	PBLC SFTY	CE	UL INC	C	0	0	0 %	Yes
(113) EMERGO BRAZIL PARTICIPACOES E SERVICIOS 10 ANDAR ED BAIRRO ZONA INDUSTRIAL BR 98-1006736	PBLC SFTY	BR	UL INC	C	0	0	0 %	Yes
(114) ULME TRADING LLC ABU DHABI ISLAND DEFENCE ROAD C91 E ABU DHABI AE	PBLC SFTY	AE	UL INC	C	0	0	0 %	Yes
(115) KUGLER MAAG CIE GMBH LEIBNIZSTRASSE 11 KORNWESTHEIM 70806 GM	PBLC SFTY	GM	UL INC	C	0	0	0 %	Yes
(116) KUGLER MAAG CIE MANAGEMENT CONSULTING (S ROOM 101 UNIT NO 7 BUILDING NO SHANGHAI CH	PBLC SFTY	CH	UL INC	C	0	0	0 %	Yes
(117) UNDERWRITERS LABORATORIES ADVANCED FOR V 8006 AL URUNAH ROAD 2926 W UNM AL RIYADH 12329 SF	PBLC SFTY	SF	UL INC	C	0	0	0 %	Yes
(118) UL CONCORD HOLDINGS LIMITED UNIT 1-3 HORIZON WADE ROAD BASINGSTOKE RG24 8AH UK	PBLC SFTY	UK	UL INC	C	0	0	0 %	Yes
(119) CIMTEQ LIMITED 7A WILKINSON BUSINESS PARK CLYWEDOG WREXHAM LL13 9AE UK	PBLC SFTY	UK	UL INC	C	0	0	0 %	Yes
(120) KBW CORPORATION KRKBW 42 OBONGSADAN 1-RO UIWANG KS	PBLC SFTY	KS	UL INC	C	0	0	0 %	Yes
(121) CIMTEQ HOLDINGS LIMITED 7A WILKINSON BUSINESS PARK CLYWEDOG WREXHAM LL13 9AE UK	PBLC SFTY	UK	UL INC	C	0	0	0 %	Yes

Schedule R (Form 990) 2021

Page 3

Part V

Transactions With Related Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.

Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.

Yes

1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?

a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity .....................

Yes

b Gift, grant, or capital contribution to related organization(s) ............................

c Gift, grant, or capital contribution from related organization(s) ............................

d Loans or loan guarantees to or for related organization(s) ............................

e Loans or loan guarantees by related organization(s) ............................

f Dividends from related organization(s) ............................

g Sale of assets to related organization(s) ............................

h Purchase of assets from related organization(s) ............................

i Exchange of assets with related organization(s) ............................

j Lease of facilities, equipment, or other assets to related organization(s) .......................

k Lease of facilities, equipment, or other assets from related organization(s) ......................

l Performance of services or membership or fundraising solicitations for related organization(s) .....................

m Performance of services or membership or fundraising solicitations by related organization(s) .................

Yes

n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................

o Sharing of paid employees with related organization(s) ............................

p Reimbursement paid to related organization(s) for expenses ............................

Yes

q Reimbursement paid by related organization(s) for expenses ............................

Yes

r Other transfer of cash or property to related organization(s) ............................

s Other transfer of cash or property from related organization(s) ............................

Yes

If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.

(a) Name of related organization	(b) Transaction type (a-s)	(c) Amount involved	(d) Method of determining amount involved
(1) UL LLC	P	3,846,536	FMV
(2) UL INIDA PRIVATE LIMITED	M	74,702	FMV
(3) UL LLC	P	3,252,081	FMV
(4) UL LLC	M	583,887	FMV
(5) UL VERIFICATION SERVICES INC	M	265,894	FMV
(6) UL LLC	Q	1,330,307	FMV
(7) ULSE INC	P	467,001	FMV
(8) ULSE INC	Q	473,757	FMV
(9) ULSE INC	A	559,156	BOOK VALUE
(10) ULSE INC	S	1,020,460,276	BOOK VALUE

Schedule R (Form 990) 2021

Page 4

Part VI

Unrelated Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 37.

Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.

(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(e) Are all partners section 501(c)(3) organizations?		(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?		(k) Percentage ownership
(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	Yes	No	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No	(k) Percentage ownership

Schedule R (Form 990) 2021

Page 5

Part VII

Supplemental Information

Provide additional information for responses to questions on Schedule R. See instructions.

Return Reference	Explanation

Schedule R (Form 990) 2021

Additional Data

Software ID:
Software Version:

1	Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 926, Return by a U.S. Transferor of Property to a Foreign Corporation (see Instructions for Form 926). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
2	Did the organization have an interest in a foreign trust during the tax year? If "Yes," the organization may be required to separately file Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual Information Return of Foreign Trust With a U.S. Owner (see Instructions for Forms 3520 and 3520-A; don't file with Form 990). . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
3	Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with Respect to Certain Foreign Corporations. (see Instructions for Form 5471). . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
4	Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If “Yes,” the organization may be required to file Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see Instructions for Form 8621) .	Yes	No
5	Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with Respect to Certain Foreign Partnerships (see Instructions for Form 8865). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
6	Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to separately file Form 5713, International Boycott Report (see Instructions for Form 5713; don't file with Form 990).. . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No