2020-04-11T13:35:13-05:00 2019-09-27 910189318 MOSS ADAMS LLP 6565 AMERICAS PARKWAY NE STE 600 ALBUQUERQUE NM 87110 990 2018-09-29 850457562 THE MIND RESEARCH NETWORK MIND 5053489361 1101 YALE BLVD NE ALBUQUERQUE NM 87106 SHANNON TOMA EXECUTIVE VICE PRESIDENT, CFO 5053489361 2020-04-09 1 PAMELA ALEXANDERSON P01218925 5058787200 2020-04-08 73.242.194.32 2020-04-09 16:26:33 MD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 B55F3079AAF5033C2820F37AAB7B0C57BE7E3096 2018 2021-01-29 14:40:06Z ROBERT W RUBIN 2425 RIDGECREST DRIVE SE ALBUQUERQUE NM 87108 13923047 0 X WWW.MRN.ORG X 1998 NM THE MIND RESEARCH NETWORK (MRN) IS DEDICATED TO THE DISCOVERY AND ADVANCEMENT OF CLINICAL SOLUTIONS FOR THE PREVENTION, DIAGNOSIS AND TREATMENT OF MENTAL ILLNESS AND OTHER BRAIN DISORDERS. MRN IS A CONTROLLED ENTITY OF LOVELACE BIOMEDICAL RESEARCH INSTITUTE BASED IN ALBUQUERQUE, NEW MEXICO. 7 4 126 25 0 0 11792105 13463452 1966330 447573 2519 12022 0 0 13760954 13923047 0 0 0 0 7042510 6457051 0 0 0 7710569 7442515 14753079 13899566 -992125 23481 2981037 3071604 1831488 1898574 1149549 1173030 X MRN IS DEDICATED TO THE DISCOVERY AND ADVANCEMENT OF CLINICAL SOLUTIONS FOR THE PREVENTION, DIAGNOSIS AND TREATMENT OF MENTAL ILLNESS AND OTHER BRAIN DISORDERS. MRN IS A CONTROLLED ENTITY OF LOVELACE BIOMEDICAL RESEARCH INSTITUTE BASED IN ALBUQUERQUE, NM. 0 0 11127818 447573 THE MIND RESEARCH NETWORK IS DEDICATED TO THE DISCOVERY AND ADVANCEMENT OF CLINICAL SOLUTIONS FOR THE PREVENTION, DIAGNOSIS AND TREATMENT OF MENTAL ILLNESS AND OTHER BRAIN DISORDERS. WHEN THE MIND RESEARCH NETWORK (MRN) WAS ESTABLISHED IN 1998 AS AN INDEPENDENT NON-PROFIT RESEARCH ORGANIZATION, ITS PROGRAMS OF INVESTIGATION WERE AIMED AT PROJECTS IN CLINICAL, COGNITIVE, AND BASIC NEUROSCIENCE USING AN ARRAY OF IMAGING TECHNOLOGIES TO INVESTIGATE THE WORKING BRAIN, BOTH FOR NORMAL SUBJECTS, AS WELL AS THOSE AFFLICTED BY BRAIN DISEASE. THESE TECHNOLOGIES INCLUDED STRUCTURAL MAGNETIC RESONANCE (SMR), FUNCTIONAL MAGNETIC RESONANCE (FMR), MAGNETOENCEPHALOGRAPHY (MEG), MAGNETIC RESONANCE SPECTROSCOPY (MRS), AND OPTICAL IMAGING. WHILE EACH TECHNOLOGY ALONE HAS LIMITATIONS, MRN HAS WORKED VIGOROUSLY TO DEVELOP TECHNIQUES THAT COMBINE THESE MULTIPLE TOOLS TO YIELD A MORE COMPLETE AND COMPREHENSIVE "MULTI-MODAL" APPROACH THAN IS POSSIBLE USING THE SAME TOOLS INDIVIDUALLY.BUILDING ON THESE STRENGTHS, THE ORGANIZATION HAS INTEGRATED GENETIC ANALYSIS AND CLINICAL ASSESSMENTS WITH STRUCTURAL AND FUNCTION IMAGING DATA TO ADVANCE THE EARLY DIAGNOSIS OF MENTAL ILLNESS. MRN'S LONG-TERM GOAL IS TO ADVANCE CLINICAL SOLUTIONS THAT WILL IMPROVE OUTCOMES FOR PATIENTS WITH MENTAL ILLNESS OR BRAIN DISORDERS. COLLECTIVELY, MILLIONS OF YEARS OF POTENTIALLY PRODUCTIVE LIFE ARE LOST TO MENTAL ILLNESS AND BRAIN DISORDERS, MAKING RESEARCH ON EARLY DIAGNOSIS AND PREVENTION ONE OF THE TOP PRIORITIES FOR THE NATIONAL INSTITUTES OF HEALTH.MRN'S RESEARCH PORTFOLIO IS COMPRISED OF OVER 50 CONTRACTS, GRANTS, AND SUBAWARDS VALUED AT APPROXIMATELY $84M AND SPANNING SEVERAL THEMATIC AREAS: (1) PSYCHOSIS (E.G., SCHIZOPHRENIA), (2) SUBSTANCE ABUSE DISORDERS AND ADDICTION, (3) CONDUCT DISORDERS/ANTI-SOCIAL PERSONALITY DISORDERS, (4) NEURODEVELOPMENT DISORDERS (E.G., AUTISM, ADD/ADHD). IN ADDITION, MRN IS INVOLVED IN RESEARCH ON HUMAN FACTORS AND PERFORMANCE, INCLUDING CREATIVITY, TBI/PTSD, AND ENHANCED FUNCTIONING. MAJOR SPONSORS ARE THE NATIONAL INSTITUTES OF HEALTH, NATIONAL SCIENCE FOUNDATION, AND OTHER FEDERAL AGENCIES. MRN EMPLOYS APPROXIMATELY 120 STAFF AND CONTRACT PERSONNEL. 11127818 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 32 0 1 126 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NM X X SHANNON TOMA 5053489361 2425 RIDGECREST DRIVE SE ALBUQUERQUE NM 87108 ROBERT RUBIN PHD CHAIRMAN OF THE BOARD 2.00 38.00 X X 0 777972 38942 SHANNON TOMA CPA EXECUTIVE VP, CFO 2.00 38.00 X X 0 502112 38942 KENT KIEHL PHD EXECUTIVE SCIENCE OFFICER 40.00 X X 365852 0 30529 VINCE CALHOUN PHD ESO, PRESIDENT (THROUGH 5/30/19) 40.00 X X 346117 0 30495 HANK SCHWARTZ MD TRUSTEE 2.00 X 0 0 0 CHRIS SPENCER CPA TRUSTEE 2.00 2.00 X 0 0 0 SARA EASTERSON-BOND TRUSTEE 2.00 2.00 X 0 0 0 JACKIE LOVELACE JOHNSON TRUSTEE 2.00 4.00 X 0 0 0 JODY ROBERTS CHIEF OPERATING OFFICER 40.00 X 171101 0 13943 ANDREW MAYER PHD DIRECTOR OF TRAUMA 40.00 X 171164 0 28804 JEFFREY LEWINE PHD DIR OF BUS DEV (THROUGH 10/6/18) 40.00 X 123891 0 17783 ARVIND CAPRIHAN ASSOCIATE PROFESSOR-TRANSN 40.00 X 128753 0 10773 ERIC CLAUS ASSISTANT PROFESSOR-TRANSN 40.00 X 119092 0 19192 ERIC VERNER SENIOR DATA SCIENTIST 40.00 X 104992 0 21044 1530962 1280084 250447 10 0 1 0 INSIGHT INVESTMENTS LLC 611 ANTON BLVD SUITE 700 COSTA MESA CA 926267050 IT SERVICES 128595 1 13445491 17961 13463452 BIOMEDICAL RESEARCH 541700 400215 400215 INTERCOMPANY REIMBURSE 900099 47358 47358 447573 12022 12022 13923047 447573 0 12022 X 897841 532679 365162 3868136 3824354 43782 283472 273262 10210 1013878 920187 93691 393724 370223 23501 6429 6429 7599 7599 4181867 4041474 140393 1749 1749 43901 36483 7418 253613 14551 239062 856304 654065 202239 123207 121859 1348 36274 35029 1245 18665 18665 109499 109499 22371 17226 5145 RESEARCH SUPPLIES 927235 927235 REIMBURSEMENT TO RELATE 285535 -831102 1116637 MINOR EQUIPMENT 253784 59301 194483 314483 19744 294739 13899566 11127818 2771748 0 31592 30381 1763247 2109367 303290 229598 608064 275961 12074007 11647710 274844 426297 2981037 3071604 1288969 910570 542519 988004 1831488 1898574 X 1149549 1173030 1149549 1173030 2981037 3071604 23481 0 X 0 1 X 1 1 1 X 10371688 10327538 12197564 11792105 13463452 58152347 10371688 10327538 12197564 11792105 13463452 58152347 58152347 3065 8243 9892 12022 33222 58185569 7790230 0.99940 0.99950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 1069 0 1069 11127818 56755006 11127818 56756075 706391 1000000 176598 250000 0 0 0 0 1000000 1000000 1000000 1000000 4000000 6000000 168937 191280 194240 1069 555526 250000 250000 250000 250000 1000000 1500000 11645080 11240884 404196 428927 406826 22101 426297 NOTE PAYABLE TO LBRI 502937 INTERCOMPANY PAYABLE 485067 988004 X PART X, LINE 2: LBRI, LBERI AND MRN ARE NON-PROFIT CORPORATIONS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE (IRC) OF 1986, AS AMENDED, AS AN ORGANIZATION DESCRIBED IN IRC SECTION 501(C)(3). FURTHER, LBRI, LBERI AND MRN HAVE BEEN CLASSIFIED AS ORGANIZATIONS THAT ARE NOT PRIVATE FOUNDATIONS UNDER IRC SECTION 509(A) AS ORGANIZATIONS DESCRIBED IN IRC SECTION 170(B)(1)(A)(VI), AND AS SUCH, CONTRIBUTIONS TO THESE ORGANIZATION QUALIFY AS CHARITABLE CONTRIBUTIONS. HOWEVER, INCOME GENERATED FROM CERTAIN ACTIVITIES UNRELATED TO LBRI, LBERI, OR MRN'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAX AS UNRELATED BUSINESS INCOME UNDER IRC SECTION 511. LBRI, LBERI AND MRN DID NOT HAVE ANY MATERIAL UNRELATED BUSINESS INCOME FOR THE YEARS ENDED SEPTEMBER 27, 2019 AND SEPTEMBER 28, 2018, RESPECTIVELY. AS OF SEPTEMBER 27, 2019 AND SEPTEMBER 28, 2018, THE COMPANY PERFORMED A REVIEW OF ITS MATERIAL TAX POSITIONS IN ACCORDANCE WITH RECOGNITION AND MEASUREMENT STANDARDS ESTABLISHED BY US GAAP. AS A RESULT OF THIS REVIEW, THE COMPANY CONCLUDED THAT LBRI, LBERI AND MRN QUALIFIED AS TAX EXEMPT ORGANIZATIONS UNDER IRC SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN IRC SECTION 501(C)(3), HAD NO UNREPORTED INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES, AND DID NOT HAVE ANY ENTITY LEVEL TAX POSITIONS FOR LBRI, LBERI, OR MRN THAT WOULD NOT MEET THE MORE-LIKELY-THAN-NOT THRESHOLD. THE COMPANY FILES TAX RETURNS AS PRESCRIBED BY THE TAX LAWS OF THE JURISDICTIONS IN WHICH IT OPERATES. IN THE NORMAL COURSE OF BUSINESS, THE COMPANY IS SUBJECT TO EXAMINATION BY FEDERAL, STATE, LOCAL AND FOREIGN JURISDICTIONS, WHERE APPLICABLE. AS OF SEPTEMBER 27, 2019 AND SEPTEMBER 28, 2018, THE TAX YEARS THAT REMAIN SUBJECT TO EXAMINATION BY THE MAJOR TAX JURISDICTIONS UNDER THE STATUTE OF LIMITATIONS ARE FROM THE YEAR ENDED SEPTEMBER 30, 2016, AND FORWARD. THE COMPANY RECOGNIZES INTEREST ACCRUED RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES. THERE WERE NO SUCH INTEREST OR PENALTIES RECORDED FOR THE YEARS ENDED SEPTEMBER 27, 2019 OR SEPTEMBER 28, 2018. X X X 0 1 0 0 0 0 0 1 0 ROBERT RUBIN PHD CHAIRMAN OF THE BOARD 0 660452 0 50000 0 67520 0 26881 0 12061 0 816914 0 0 SHANNON TOMA CPA EXECUTIVE VP, CFO 0 486112 0 16000 0 0 0 26881 0 12061 0 541054 0 0 KENT KIEHL PHD EXECUTIVE SCIENCE OFFICER 325852 0 40000 0 0 0 19402 0 11127 0 396381 0 0 0 VINCE CALHOUN PHD ESO, PRESIDENT (THROUGH 5/30/19) 346117 0 0 0 0 0 18500 0 11995 0 376612 0 0 0 JODY ROBERTS CHIEF OPERATING OFFICER 171101 0 0 0 0 0 13685 0 258 0 185044 0 0 0 ANDREW MAYER PHD DIRECTOR OF TRAUMA 171164 0 0 0 0 0 14056 0 14748 0 199968 0 0 0 PART I, LINE 4B DR. ROBERT RUBIN 457(F) PLAN- 2018 CONTRIBUTION IS $40,672. SINCE DR. RUBIN IS VESTED IN THE 457(F) PLAN, THE ENTIRE AMOUNT OF HIS 2018 457(F) PLAN CONTRIBUTION IS INCLUDED IN TAXABLE INCOME. PART I, LINE 7 BONUSES ARE AWARDED ANNUALLY. MANAGEMENT IS PROVIDED AN AMOUNT, APPROVED BY THE BOARD, TO PAY IN ANNUAL BONUS. BONUS PAYMENTS ARE REVIEWED AND APPROVED BY THE EMPLOYEE'S DIRECT SUPERVISOR, VICE PRESIDENT OF HUMAN RESOURCES, AND CEO. CEO BONUS IS ESTABLISHED BY THE FULL BOARD OF DIRECTORS OF LOVELACE BIOMEDICAL RESEARCH INSTITUTE. ALL BONUSES ARE FURTHER REVIEWED AND APPROVED BY MRN MANAGEMENT, CONSISTING OF THE PRESIDENT, ESO, AND COO. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PRESENTED IN DRAFT FORM TO THE AUDIT AND COMPENSATION COMMITTEE AND TO THE FULL BOARD FOR REVIEW PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CODE OF CONDUCT THAT ADDRESSES CONFLICTS OF INTEREST. IT IS PRESENTED TO THE BOARD ANNUALLY. ADDITIONALLY, ALL EMPLOYEES, INCLUDING TRUSTEES, ARE REQUIRED TO READ AND ACKNOWLEDGE THE CODE ANNUALLY. IN ADDITION, IF A CONFLICT ARISES, THE CONFLICTED INDIVIDUAL RECUSES HIMSELF FROM VOTING ON THE ISSUE. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S AUDIT AND COMPENSATION COMMITTEES RECEIVE COMPENSATORY RECOMMENDATIONS FROM HUMAN RESOURCES AND FROM MANAGEMENT AS TO: 1. THE PERCENT BASE SALARY INCREASE FOR THE ORGANIZATION AS A WHOLE WITH TARGETS AND DOLLAR AMOUNT OF IMPACT ARE PRESENTED TO AND APPROVED BY THE AUDIT AND COMPENSATION COMMITTEES. 2. TARGET AMOUNT OF BONUS COMPENSATION FOR THE ENTIRE ORGANIZATION AND DOLLAR IMPACT ARE PRESENTED AND APPROVED BY THE AUDIT AND COMPENSATION COMMITTEES. 3. CEO COMPENSATION (BASE, BONUS, AND DEFERRED COMPENSATION) IS REVIEWED TO MARKET VALUE FOR SIMILAR POSITIONS IN THE INDUSTRY AND APPROVED BY THE AUDIT AND COMPENSATION COMMITTEES. THIS PROCESS IS DOCUMENTED AND WAS LAST COMPLETED IN 2019. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 1,693,096. MANAGEMENT AND GENERAL EXPENSES 140,393. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,833,489. SUBCONTRACTORS: PROGRAM SERVICE EXPENSES 2,348,378. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,348,378. LOVELACE BIOMEDICAL RESEARCH INSTITUTE 2425 RIDGECREST DR SE ALBUQUERQUE NM 87108 850110669 MEDICAL RESEARCH SEEKING THE CAUSES AND CURES FOR RESPIRATORY DISEASES NM 501(C)(3) LINE 7 N/A 0 LOVELACE BIOMEDICAL AND ENVIROMENTAL RESEARCH INSTITUTE 2425 RIDGECREST DR SE ALBUQUERQUE NM 87108 510154069 BIOMEDICAL AND ENVIRONMENTAL RESEARCH FUNCTIONS OF LBRI INC. NM 501(C)(3) LINE 7 LOVELACE BIOMEDICAL RESEARCH 0 LOVELACE SCIENTIFIC RESOURCES 2441 RIDGECREST DR SE ALBUQUERQUE NM 87108 850357767 SCIENTIFIC RESEARCH NM N/A C 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1 1 1 0 0 LOVELACE BIOMEDICAL AND ENVIRONMENTAL INSTITUTE 2425 RIDGECREST DR SE ALBUQUERQUE NM 87108 540154068 X 0 0 0 28487024 28487024 1000000 250000 0 0 0 LOVELACE BIOMEDICAL RESEARCH INSTITUTE 2425 RIDGECREST DR SE ALBUQUERQUE NM 87108 850110669 0 1069 1069 17140164 17141233 1000000 250000 0 0 0 THE MIND RESEARCH NETWORK 1101 YALE BLVD NE ALBUQUERQUE NM 87106 850457562 0 0 0 11127818 11127818 706391 176598 0 0 0