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Filing year 2023

Fermi Research Alliance LLC

Batavia, Illinois·EIN 57-1239010·NTEE U02 · Science & Technology·501(c)(3)
Total revenue
$715.5M
Total assets
$18.9M
Total expenses
$715.6M
Reported officers
52
Mission

The organization's primary exempt purpose is the management and operation of the Fermi National Accelerator Laboratory ("Fermilab") in Batavia, Illinois, an international scientific user facility owned by the U.S. Department of Energy at which the fundamental nature of matter and energy is studied.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 38 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Science & Technology organizations nationwide.

President
Above 90th percentile
$720k
$797k
Base
$629k
Bonus
Other
$69k
Benefits
$12k
Deputy Director/chief Research Officer
Key Employee
Above 90th percentile
$565k
$626k
Base
$496k
Bonus
Other
$1k
Benefits
$35k
Deputy Lab Director and COO Through 12/30/2023
Above 90th percentile
$528k
$585k
Base
$447k
Bonus
Other
$48k
Benefits
Director of Strategic Planning
Highest Compensated Employee
Above 90th percentile
$435k
$482k
Base
$347k
Bonus
Other
$18k
Benefits
$38k
Deputy Lab Director for Lbnf/dune-us Through 04/18/2024
Key Employee
75th to 90th percentile
$408k
$452k
Base
$350k
Bonus
Other
$25k
Benefits
Fermilab CFO (through 3/2/2024)
75th to 90th percentile
$397k
$440k
Base
$297k
Bonus
Other
$63k
Benefits
$10k
Hd of Fermi Quantum Institute
Highest Compensated Employee
75th to 90th percentile
$384k
$425k
Base
$322k
Bonus
Other
$4k
Benefits
$25k
Hd of Fermi Quantum Institute
Key Employee
75th to 90th percentile
$384k
$425k
Base
$322k
Bonus
Other
$4k
Benefits
$25k
Dir of Cont Assur & Perf Mgmt
Key Employee
75th to 90th percentile
$372k
$412k
Base
$324k
Bonus
Other
$3k
Benefits
$12k
Dir of Cont Assur & Perf Mgmt
Highest Compensated Employee
75th to 90th percentile
$372k
$412k
Base
$324k
Bonus
Other
$3k
Benefits
$12k
Sqms Deputy Proj Director Through 6/1/2024
Key Employee
75th to 90th percentile
$365k
$405k
Base
$303k
Bonus
Other
$4k
Benefits
$27k
Sqms Deputy Proj Director Through 6/1/2024
Highest Compensated Employee
75th to 90th percentile
$365k
$405k
Base
$303k
Bonus
Other
$4k
Benefits
$27k
Lbnf Project Manager
Project Manager
Above 90th percentilevs all sectors nationwide
$339k
$375k
Base
$250k
Bonus
Other
$26k
Benefits
$38k
Associate Lab Director
Highest Compensated Employee
75th to 90th percentile
$331k
$367k
Base
$268k
Bonus
Other
$1k
Benefits
$35k
Chief Financial Officer Deputy Through 3/16/2024
75th to 90th percentile
$327k
$363k
Base
$259k
Bonus
Other
$652
Benefits
$40k
Division Head
Highest Compensated Employee
75th to 90th percentile
$317k
$351k
Base
$271k
Bonus
Other
$20k
Benefits
Former Chief Technology Officer
Former Officer/director/trustee
75th to 90th percentilevs all sectors nationwide
$316k
$350k
Base
$253k
Bonus
Other
$11k
Benefits
$27k
Associate Lab Director
Key Employee
Median to 75th percentile
$312k
$346k
Base
$249k
Bonus
Other
$892
Benefits
$37k
Former Chief Technology Officer
Former Officer/director/trustee
75th to 90th percentilevs all sectors nationwide
$301k
$333k
Base
$240k
Bonus
Other
$629
Benefits
$35k
Fess Section Head
Key Employee
Median to 75th percentile
$298k
$330k
Base
$237k
Bonus
Other
$496
Benefits
$35k
Head of Particle Physics Division
Key Employee
Median to 75th percentile
$297k
$329k
Base
$223k
Bonus
Other
$23k
Benefits
$25k
Division Head
Key Employee
Median to 75th percentile
$294k
$326k
Base
$239k
Bonus
Other
$3k
Benefits
$27k
Interim General Counsel and Fra Secretary
Secretary (Operational)
75th to 90th percentile
$291k
$322k
Base
$252k
Bonus
Other
$1k
Benefits
$12k
Deputy Cro for Sci & Tech
Highest Compensated Employee
75th to 90th percentile
$283k
$314k
Base
$283k
Bonus
Other
Benefits
Former Mu2e Project Manager
Project Manager
Above 90th percentilevs all sectors nationwide
$276k
$306k
Base
$205k
Bonus
Other
$25k
Benefits
$22k
Former Chief Information Officer
Former Officer/director/trustee
75th to 90th percentilevs all sectors nationwide
$274k
$303k
Base
$236k
Bonus
Other
$1k
Benefits
$12k
Former Particle Physics Division Head
Former Officer/director/trustee
75th to 90th percentilevs all sectors nationwide
$272k
$301k
Base
$259k
Bonus
Other
$3k
Benefits
$9k
Former Deputy Chief of Research
Former Officer/director/trustee
75th to 90th percentilevs all sectors nationwide
$259k
$287k
Base
$208k
Bonus
Other
$4k
Benefits
$26k
Former President Through 4/18/22
Former Officer/director/trustee
75th to 90th percentilevs all sectors nationwide
$236k
$261k
Base
$216k
Bonus
Other
$1k
Benefits
$8k
Former Fra Senior Budget Manager
Former Officer/director/trustee
75th to 90th percentilevs all sectors nationwide
$226k
$250k
Base
$174k
Bonus
Other
$11k
Benefits
$19k
Former Chief Research Officer
Former Officer/director/trustee
75th to 90th percentilevs all sectors nationwide
$223k
$247k
Base
$178k
Bonus
Other
$2k
Benefits
$25k
Former General Counsel and Secretary Through 4/29/2023
Former Officer/director/trustee
75th to 90th percentilevs all sectors nationwide
$220k
$243k
Base
$174k
Bonus
Other
$388
Benefits
$13k
Former Acting Project Dir for Pip-ii
Former Officer/director/trustee
Median to 75th percentilevs all sectors nationwide
$128k
$142k
Base
$106k
Bonus
Other
Benefits
$12k
Ura President
Board President
Median to 75th percentile
$73k
$80k
Director Through 9/16/2024
Board Member
Median to 75th percentile
$66k
$73k
Chairman
Board Chair
25th percentile to median
$49k
$54k
Financial Officer and Treasurer
10th to 25th percentile
$40k
$44k
Financial Officer
Officer (Unspecified)
$40k
$44k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 14 unpaid individuals.

Browse compensation in Science & Technology

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Fermi Research Alliance LLC equaled 0.1% of the organization's total expenses. The median for science & technology organizations is 9%.

This organization (2023)
0.1%
Sector median
9%
Middle half of sector
4% to 21%

Based on 1,078 science & technology organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 32%
from 2022

From $547k in 2022 to $720k in 2023.

$547k
2022
$720k
2023
In today's dollarsEst.
Up 27% in real terms$626k to $797k

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 32% from 2022 to 2023, while revenue rose 9%.

$547k in 2022 to $720k in 2023.
  • Key Employee pay rose 46% from 2022 to 2023.
  • Chief Operating Officer pay rose 48% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Fermi Research Alliance LLC reported revenue and expenses across 2 filing years.

RevenueExpenses
$658.7M
$658.2M
2022
$715.5M
$715.6M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Science & Technology executives earn

Comparable science & technology organizations nationwide pay their highest-earning executive a median of $127,487.

25th percentile
$50k
Median
$127,487
75th percentile
$250k
90th percentile
$501k

These are science & technology sector-wide figures, not this organization's reported pay. Based on 1,079 organizations across 1,079 filings (2020 – 2024).

See full Science & Technology compensation data
FAQ

Common questions about Fermi Research Alliance LLC

What does the Chief Executive Officer of Fermi Research Alliance LLC earn?

In 2023, the Chief Executive Officer of Fermi Research Alliance LLC received $719,649 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Science & Technology organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Fermi Research Alliance LLC compare with similar nonprofits?

Compared with the same role at Science & Technology organizations nationwide, the 2023 pay of the Chief Executive Officer at Fermi Research Alliance LLC falls in the top 10%. In 2023, the highest total compensation at Fermi Research Alliance LLC equaled 0.1% of the organization's total expenses. The median for science & technology organizations is 9%.

What are Fermi Research Alliance LLC's revenue and expenses?

In 2023, Fermi Research Alliance LLC reported $715.5M in total revenue and $715.6M in total expenses on its IRS Form 990.

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