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LUNDQUIST INSTITUTE FOR BIOMEDICAL INNOVATION AT HARBOR-UCLA MEDICAL: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
LUNDQUIST INSTITUTE FOR BIOMEDICAL INNOVATION AT HARBOR-UCLA MEDICAL (EIN 95-2138184)
Tax period
2014-07-01 to 2015-06-30
Filed
2016-05-11
IRS object ID
201601329349304510
Schema version
2014v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2016-05-11T21:06:02-05:00ReturnTs
Tax Period End2015-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN453269313PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1YH ADVISORS INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line17755 CENTER AVENUE SUITE 1225AddressLine1Txt
CityHUNTINGTON BEACHCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92647ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN952138184EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LOS ANGELES BIOMEDICAL RESEARCHBusinessNameLine1Txt
Business Name Line2INSTITUTE AT HARBOR-UCLA MEDICAL CENTERBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlLOSABusinessNameControlTxt
Phone3102223605PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11124 W CARSON ST BLDG N-14AddressLine1Txt
CityTORRANCECityNm
State AbbreviationCAStateAbbreviationCd
ZIP90502ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJIM HANSBERRYPersonNm
Person TitleCONTROLLERPersonTitleTxt
Phone3102223605PhoneNum
Signature2016-05-03SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
PTINP00401346PTIN
Phone3109822803PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-08-17 19:52:53ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDAVID I MEYERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11124 W CARSON ST BLDG N-14AddressLine1Txt
CityTORRANCECityNm
State AbbreviationCAStateAbbreviationCd
ZIP90502ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$126,426,421GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.LABIOMED.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1952FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionTO ENGAGE IN BIOMEDICAL RESEARCH, EDUCATE, AND PROVIDE COMMUNITY HEALTH SERVICES.ActivityOrMissionDesc
Voting Members Governing Body32VotingMembersGoverningBodyCnt
Voting Members Independent21VotingMembersIndependentCnt
Total Employee947TotalEmployeeCnt
Total Volunteers435TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$61,398,523PYContributionsGrantsAmt
CY Contributions Grants$59,043,000CYContributionsGrantsAmt
PY Program Service Revenue$1,073,440PYProgramServiceRevenueAmt
CY Program Service Revenue$1,266,120CYProgramServiceRevenueAmt
PY Investment Income$4,450,097PYInvestmentIncomeAmt
CY Investment Income$2,497,897CYInvestmentIncomeAmt
PY Other Revenue$7,782,809PYOtherRevenueAmt
CY Other Revenue$12,616,644CYOtherRevenueAmt
PY Total Revenue$74,704,869PYTotalRevenueAmt
CY Total Revenue$75,423,661CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$48,803,820PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$48,151,998CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$1,269,793CYTotalFundraisingExpenseAmt
PY Other Expenses$27,052,288PYOtherExpensesAmt
CY Other Expenses$29,357,800CYOtherExpensesAmt
PY Total Expenses$75,856,108PYTotalExpensesAmt
CY Total Expenses$77,509,798CYTotalExpensesAmt
PY Revenues Less Expenses-$1,151,239PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$2,086,137CYRevenuesLessExpensesAmt
Total Assets BOY$83,177,308TotalAssetsBOYAmt
Total Assets EOY$83,147,065TotalAssetsEOYAmt
Total Liabilities BOY$32,881,665TotalLiabilitiesBOYAmt
Total Liabilities EOY$36,782,676TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$50,295,643NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$46,364,389NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionENGAGING IN BIOMEDICAL RESEARCH, TRAINING OF YOUNG SCIENTISTS, AND PROVIDING COMMUNITY HEALTH SERVICES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$26,869,115ExpenseAmt
DescMEDICAL RESEARCH: MEDICAL RESEARCH, SPONSORED BY THE NATIONAL INSTITUTES OF HEALTH AND OTHER FEDERAL, STATE AND PRIVATE AGENCIES, COVERING MANY DIVERSE MEDICAL AND SCIENTIFIC AREAS OF INTEREST IN HUMAN HEALTH.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$15,596,166ExpenseAmt
Revenue$1,266,120RevenueAmt
DescHEALTH CARE PROGRAM: LA BIOMED CLINICAL OUTREACH INCLUDES WOMEN, INFANTS AND CHILDREN (WIC) CLINICS, PARTICIPATION IN THE SOUTH LOS ANGELES BEST BABIES COLLABORATIVE, IMMUNIZE LA KIDS COALITION, NEWBORN SCREENING PROGRAM, PERINATAL ACCESS PROGRAM, A WOMEN'S HEALTHCARE CLINIC, AND VARIOUS EDUCATIONAL PROGRAMS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$5,931,017ExpenseAmt
DescSCIENCE & TECHNOLOGY: BIOMEDICAL RESEARCH TRAINING OF INTERNS, RESIDENTS, FELLOWS, AND POST GRADUATESDesc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$9,856,278ExpenseAmt
Revenue$991,919RevenueAmt
DescOTHER PROGRAM SERVICES: INCLUDES SALES OF BIOMEDICAL SERVICES AND PRODUCTS AND ROYALTY PAYMENTS TO INVENTORS.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$9,856,278TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$991,919TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$58,252,576TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer EntYes (1)BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document275IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee947EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members32GoverningBodyVotingMembersCnt
Independent Voting Member21IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JIM HANSBERRYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3102223605PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11124 W CARSON ST BLDG N-14AddressLine1Txt
CityTORRANCECityNm
State AbbreviationCAStateAbbreviationCd
ZIP90502ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (42 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
STEVEN A NISSEN ESQ
CHAIR2.00Yes (X)Yes (X)$0$0$0
MARIANNE GAUSCHE-HILL
VICE-CHAIR / INVESTIGATOR20.00Yes (X)Yes (X)$0$0$0
JAMES M BROWN
TREASURER2.00Yes (X)Yes (X)$0$0$0
MATTHEW BUDOFF
SECRETARY / INVESTIGATOR40.00Yes (X)Yes (X)$245,000$0$56,513
RUEY-KANG CHANG
DIRECTOR / INVESTIGATOR10.00Yes (X)$66,683$0$0
SCOTT G FILLER MD
DIRECTOR / INVESTIGATOR10.00Yes (X)$107,797$0$19,695
IRA M LESSER MD
DIRECTOR / INVESTIGATOR10.00Yes (X)$0$0$0
LOUIS KWONG
DIRECTOR / INVESTIGATOR2.00Yes (X)$0$0$0
PATRICIA I DICKSON MD
DIRECTOR / INVESTIGATOR10.00Yes (X)$162,278$0$11,074
ERIC S DAAR MD
DIRECTOR / INVESTIGATOR10.00Yes (X)$92,061$0$15,348
WILLIAM W STRINGER
DIRECTOR / INVESTIGATOR2.00Yes (X)$8,985$0$393
OMID KHORRAM MD
DIRECTOR / INVESTIGATOR2.00Yes (X)$0$0$0
GRISELDA GUTIERREZ
DIRECTOR / INVESTIGATOR2.00Yes (X)$0$0$0
ADAM J JONAS MD
DIRECTOR / INVESTIGATOR7.00Yes (X)$51,837$0$9,246
WEBB W CASTOR PHD
DIRECTOR2.00Yes (X)$0$0$0
DOROTHY AVILA COURTNEY
DIRECTOR2.00Yes (X)$0$0$0
DAVID DUTHU
DIRECTOR2.00Yes (X)$0$0$0
RICHARD J GLASSOCK MD
DIRECTOR2.00Yes (X)$0$0$0
DAVID HEBER
DIRECTOR2.00Yes (X)$0$0$0
SARAH M JENSEN AIA LEED AP
DIRECTOR2.00Yes (X)$0$0$0
JOAN HOOD JONES
DIRECTOR2.00Yes (X)$0$0$0
RICHARD K LEARNED
DIRECTOR2.00Yes (X)$0$0$0
MELANIE LUNDQUIST
DIRECTOR2.00Yes (X)$0$0$0
ANNE-MERELIE MURREL
DIRECTOR2.00Yes (X)$0$0$0
ALEX POPA
DIRECTOR2.00Yes (X)$0$0$0
BARRY RESNICK
DIRECTOR2.00Yes (X)$0$0$0
DAN ROSENFELD
DIRECTOR2.00Yes (X)$0$0$0
MITCHEL SAYARE PHD
DIRECTOR2.00Yes (X)$0$0$0
SUSSAN SHARIFIAN
DIRECTOR2.00Yes (X)$0$0$0
H MICHAEL SMITH AIA LEED AP
DIRECTOR2.00Yes (X)$0$0$0
ANDREW J SOBEL
DIRECTOR2.00Yes (X)$0$0$0
DELVECCHIO FINLEY MPP FACHE
DIRECTOR2.00Yes (X)$0$0$0
TIMOTHY VAN NATTA MD
DIRECTOR2.00Yes (X)$0$0$0
DAVID I MEYER PHD
DIRECTOR / PRESIDENT + CEO40.00Yes (X)Yes (X)$399,846$0$44,898
THOMAS P PLOTTS MBA
VP-FINANCE & CFO40.00Yes (X)$268,407$0$27,647
JEROME ROTTER MD
INVESTIGATOR40.00$360,000$0$26,419Yes (X)
RODNEY FRANKS
SENIOR VICE PRESIDENT40.00$331,139$0$45,468Yes (X)
CHRISTINA WANG MD
INVESTIGATOR20.00$240,619$0$0Yes (X)
ALBERT PARLOW PHD
INVESTIGATOR40.00$229,341$0$44,705Yes (X)
PETER LIU MD
INVESTIGATOR40.00$206,645$0$45,100Yes (X)
RUBEN FLORES
ADMINISTRATOR40.00$203,840$0$13,617Yes (X)
WILLIAM FRENCH
INVESTIGATOR20.00$194,092$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,168,570TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$360,123TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K58IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
OFFICE OF JAMES BURNETT INC
3313 DAMICO AVEHOUSTONTX77019ARCHITECTURAL$322,195
JONES DAY
555 SOUTH FLOWER STREET 50TH FLLOS ANGELESCA90071LEGAL$233,278
R&J AIR CONDITIONING INC
PO BOX 5671LONG BEACHCA90802MAINTENANCE$165,325
WINDES & MCCLAUGHRY
111 WEST OCEAN BLVD STE 2200LONG BEACHCA90802ACCOUNTING$139,440
SHANGRI-LA CONSTRUCTION LP
1075 HAMILTON ROADDUARTECA91010CONSTRUCTION$136,446
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K9CntrctRcvdGreaterThan100KCnt
Membership Dues$68,300MembershipDuesAmt
Fundraising$767,200FundraisingAmt
Government Grants$51,050,859GovernmentGrantsAmt
All Other Contributions$7,156,641AllOtherContributionsAmt
Noncash Contributions$1,388,502NoncashContributionsAmt
Total Contributions$59,043,000TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescCLINICAL BILLINGSDesc
Business900099BusinessCd
Total Revenue Column$1,266,120TotalRevenueColumnAmt
Related Or Exempt Func Income$1,266,120RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$1,266,120TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$440,124TotalRevenueColumnAmt
Exclusion$440,124ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$12,504,196TotalRevenueColumnAmt
Exclusion$12,504,196ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$112,448RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$112,448RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$112,448TotalRevenueColumnAmt
Exclusion$112,448ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$52,745,781SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$50,688,008SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$2,057,773SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,057,773TotalRevenueColumnAmt
Exclusion$2,057,773ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$314,752FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$767,200ContriRptFundraisingEventAmt
Fundraising Direct Expenses$314,752FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$75,423,661TotalRevenueColumnAmt
Related Or Exempt Func Income$1,266,120RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$15,114,541ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,286,093TotalAmt
Program Services$1,560,746ProgramServicesAmt
Management And General$725,347ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$35,506,348TotalAmt
Program Services$28,561,478ProgramServicesAmt
Management And General$6,282,817ManagementAndGeneralAmt
Fundraising$662,053FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$3,017,358TotalAmt
Program Services$2,364,346ProgramServicesAmt
Management And General$589,361ManagementAndGeneralAmt
Fundraising$63,651FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$4,011,874TotalAmt
Program Services$3,126,135ProgramServicesAmt
Management And General$806,264ManagementAndGeneralAmt
Fundraising$79,475FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$3,330,325TotalAmt
Program Services$2,590,238ProgramServicesAmt
Management And General$674,666ManagementAndGeneralAmt
Fundraising$65,421FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$672,624TotalAmt
Program Services$27,301ProgramServicesAmt
Management And General$645,323ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$149,065TotalAmt
Management And General$149,065ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$3,920TotalAmt
Management And General$3,920ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$111,267TotalAmt
Management And General$111,267ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$523,964TotalAmt
Program Services$333,197ProgramServicesAmt
Management And General$182,767ManagementAndGeneralAmt
Fundraising$8,000FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$4,118,836TotalAmt
Program Services$4,118,836ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$4,788,380TotalAmt
Program Services$3,146,682ProgramServicesAmt
Management And General$1,618,106ManagementAndGeneralAmt
Fundraising$23,592FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,309,202TotalAmt
Program Services$1,143,509ProgramServicesAmt
Management And General$144,744ManagementAndGeneralAmt
Fundraising$20,949FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$762,951TotalAmt
Program Services$314,010ProgramServicesAmt
Management And General$448,941ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$3,242,645TotalAmt
Management And General$3,242,645ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$661,700TotalAmt
Program Services$165,138ProgramServicesAmt
Management And General$496,562ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
SUPPLIES AND SERVICES$9,520,188$7,349,792$1,823,744$346,652
MISCELLANEOUS EXPENSES$1,443,733$1,443,733
SUBCONTRACTS$1,374,322$1,373,588$734
RESEARCH SUBJECTS$313,031$313,031

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$361,972TotalAmt
Program Services$320,816ProgramServicesAmt
Management And General$41,156ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$77,509,798TotalAmt
Program Services$58,252,576ProgramServicesAmt
Management And General$17,987,429ManagementAndGeneralAmt
Fundraising$1,269,793FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,193,252BOYAmt
EOY$3,165,276EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$8,660,526BOYAmt
EOY$1,677,612EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$11,977,414BOYAmt
EOY$11,700,032EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$371,833BOYAmt
EOY$952,573EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$82,569,520LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$55,556,860LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$27,726,828BOYAmt
EOY$27,012,660EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$30,896,317BOYAmt
EOY$34,425,029EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$351,138BOYAmt
EOY$4,213,883EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$83,177,308BOYAmt
EOY$83,147,065EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$12,478,857BOYAmt
EOY$15,459,679EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$8,682,222BOYAmt
EOY$9,587,629EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$9,874,910BOYAmt
EOY$10,184,936EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,845,676BOYAmt
EOY$1,550,432EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$32,881,665BOYAmt
EOY$36,782,676EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$43,088,592BOYAmt
EOY$38,870,598EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,691,170BOYAmt
EOY$4,903,226EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,515,881BOYAmt
EOY$2,590,565EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$50,295,643BOYAmt
EOY$46,364,389EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$83,177,308BOYAmt
EOY$83,147,065EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$2,086,137ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$1,810,811NetUnrlzdGainsLossesInvstAmt
Prior Period Adjustments$1,000PriorPeriodAdjustmentsAmt
Other Changes In Net Assets-$35,306OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$65,839,630CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$69,006,496CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$64,268,652CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$61,398,523CurrentTaxYearMinus1YearAmt
Current Tax Year$59,043,000CurrentTaxYearAmt
Total$319,556,301TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$65,839,630CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$69,006,496CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$64,268,652CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$61,398,523CurrentTaxYearMinus1YearAmt
Current Tax Year$59,043,000CurrentTaxYearAmt
Total$319,556,301TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$319,556,301PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$7,439,584CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,290,873CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$9,216,898CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$8,139,140CurrentTaxYearMinus1YearAmt
Current Tax Year$13,056,768CurrentTaxYearAmt
Total$45,143,263TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$138,196CurrentTaxYearMinus4YearsAmt
Total$138,196TotalAmt
FieldValueIRS element (for citing)
Total Support$364,837,760TotalSupportAmt
Gross Receipts Rltd Activities$6,791,912GrossReceiptsRltdActivitiesAmt
Public Support CY1700.87590PublicSupportCY170Pct
Public Support PY1700.89340PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART I, LINES 4 AND 7FormAndLineReferenceDesc
ExplanationLOS ANGELES BIOMEDICAL RESEARCH INSTITUTE AT HARBOR-UCLA MEDICAL CENTER HAS BEEN GRANTED PUBLIC CHARITY STATUS BY THE IRS BECAUSE IT IS A MEDICAL RESEARCH ORGANIZATION OPERATED IN CONJUNCTION WITH HARBOR-UCLA MEDICAL CENTER IN TORRANCE, CALIFORNIA, A HOSPITAL AS DESCRIBED IN SECTION 170(B)(1)(A)(III) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION IS COMPLETING SCHEDULE A, PART II TO DEMONSTRATE THAT IT RECEIVES A SUBSTANTIAL AMOUNT OF ITS SUPPORT FROM A GOVERNMENT UNIT OR FROM THE GENERAL PUBLIC AS DESCRIBED IN SECTION 170(B)(1)(A)(VI) OF THE INTERNAL REVENUE CODE.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

Total Grassroots Lobbying TotalGrassrootsLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$3,920FilingOrganizationsTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$3,920FilingOrganizationsTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$62,765,016FilingOrganizationsTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$62,768,936FilingOrganizationsTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Filing Organizations Total$1,000,000FilingOrganizationsTotalAmt

Grassroots Nontaxable GrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Filing Organizations Total$250,000FilingOrganizationsTotalAmt

Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Current Year Minus3$1,000,000CurrentYearMinus3Amt
Current Year Minus2$1,000,000CurrentYearMinus2Amt
Current Year Minus1$1,000,000CurrentYearMinus1Amt
Current Year$1,000,000CurrentYearAmt
Total$4,000,000TotalAmt
FieldValueIRS element (for citing)
Lobbying Ceiling$6,000,000LobbyingCeilingAmt

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$12,880CurrentYearMinus3Amt
Current Year Minus2$10,360CurrentYearMinus2Amt
Current Year Minus1$7,280CurrentYearMinus1Amt
Current Year$3,920CurrentYearAmt
Total$34,440TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Current Year Minus3$250,000CurrentYearMinus3Amt
Current Year Minus2$250,000CurrentYearMinus2Amt
Current Year Minus1$250,000CurrentYearMinus1Amt
Current Year$250,000CurrentYearAmt
Total$1,000,000TotalAmt
FieldValueIRS element (for citing)
Grassroots Ceiling$1,500,000GrassrootsCeilingAmt

Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus1$7,280CurrentYearMinus1Amt
Current Year$3,920CurrentYearAmt
Total$11,200TotalAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,935,678BeginningYearBalanceAmt
Contributions$74,684ContributionsAmt
Investment Earnings Or Losses-$345,113InvestmentEarningsOrLossesAmt
End Year Balance$2,665,249EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,609,878BeginningYearBalanceAmt
Contributions$28,800ContributionsAmt
Investment Earnings Or Losses$297,000InvestmentEarningsOrLossesAmt
End Year Balance$2,935,678EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,379,312BeginningYearBalanceAmt
Contributions$97,257ContributionsAmt
Investment Earnings Or Losses$133,309InvestmentEarningsOrLossesAmt
End Year Balance$2,609,878EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,876,041BeginningYearBalanceAmt
Contributions$510,000ContributionsAmt
Investment Earnings Or Losses-$6,729InvestmentEarningsOrLossesAmt
End Year Balance$2,379,312EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,699,573BeginningYearBalanceAmt
Contributions$80,000ContributionsAmt
Investment Earnings Or Losses$96,468InvestmentEarningsOrLossesAmt
End Year Balance$1,876,041EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.23000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.77000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.00000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$332,281InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$419,916OtherCostOrOtherBasisAmt
Book Value$752,197BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$28,505,727OtherCostOrOtherBasisAmt
Depreciation$10,783,539DepreciationAmt
Book Value$17,722,188BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$12,200,006OtherCostOrOtherBasisAmt
Depreciation$10,328,972DepreciationAmt
Book Value$1,871,034BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$39,088,415OtherCostOrOtherBasisAmt
Depreciation$34,444,349DepreciationAmt
Book Value$4,644,066BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,023,175OtherCostOrOtherBasisAmt
Book Value$2,023,175BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$27,012,660TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
OTHER ASSETS$362,435
ROYALTIES RECEIVABLE$3,851,448
FieldValueIRS element (for citing)
Total Book Value Other Assets$4,213,883TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
SWAP DERIVATIVE HEDGING ACTIVITIES$532,485
ACCRUED BENEFITS & CGA$1,017,947
FieldValueIRS element (for citing)
Total Liability$1,550,432TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$73,577,544TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$1,810,811NetUnrealizedGainsInvstAmt
Other Revenue-$35,306OtherRevenueAmt
Revenue Not Reported-$1,846,117RevenueNotReportedAmt
Revenue Subtotal$75,423,661RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$75,423,661TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$77,509,798TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$77,509,798ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$77,509,798TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:LA BIOMED'S ENDOWMENT FUNDS ARE INVESTED AND MANAGED ACCORDING TO THEIR INVESTMENT AND SPENDING POLICIES. THESE POLICIES ATTEMPT TO PROVIDE A CONSISTENT RETURN ON ASSETS IN ORDER TO ACHIEVE A STABLE STREAM OF FUNDING FOR PROGRAMS SUPPORTED BY LA BIOMED'S ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS.
PART X, LINE 2:LA BIOMED HAS RECEIVED TAX-EXEMPT STATUS FROM THE INTERNAL REVENUE SERVICE AND CALIFORNIA FRANCHISE TAX BOARD UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND SECTION 23701(D) OF THE REVENUE AND TAXATION CODE, RESPECTIVELY. LA BIOMED RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF TAX POSITIONS, SUCH AS ITS FILING STATUS AS TAX-EXEMPT, ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. LA BIOMED IS SUBJECT TO POTENTIAL INCOME TAX AUDITS ON OPEN TAX YEARS BY ANY TAXING JURISDICTION IN WHICH IT OPERATES. THE STATUTE OF LIMITATIONS FOR FEDERAL PURPOSES IS THREE YEARS AND FOR CALIFORNIA PURPOSES IS FOUR YEARS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:PENSION RELATED CHARGES OTHER THAN NET PERIODIC PENSION COSTS -265,321. INTEREST RATE SWAP 230,015.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GALAEvent1Nm
Gross Receipts Event1$981,325GrossReceiptsEvent1Amt
Charitable Contri Event1$764,123CharitableContriEvent1Amt
Gross Revenue Event1$217,202GrossRevenueEvent1Amt
Non Cash Prizes Event1$56,575NonCashPrizesEvent1Amt
Food And Beverage Event1$128,128FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$32,499OtherDirectExpensesEvent1Amt
Event2LEGENDSEvent2Nm
Gross Receipts Event2$100,627GrossReceiptsEvent2Amt
Charitable Contri Event2$3,077CharitableContriEvent2Amt
Gross Revenue Event2$97,550GrossRevenueEvent2Amt
Food And Beverage Event2$11,504FoodAndBeverageEvent2Amt
Other Direct Expenses Event2$86,046OtherDirectExpensesEvent2Amt
Gross Receipts Total$1,081,952GrossReceiptsTotalAmt
Charitable Contributions Tot$767,200CharitableContributionsTotAmt
Gross Revenue Total Events$314,752GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$56,575NonCashPrizesTotalEventsAmt
Food And Beverage Total Events$139,632FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$118,545OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$314,752DirectExpenseSummaryEventsAmt
Net Income Summary$0NetIncomeSummaryAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MATTHEW BUDOFF
SECRETARY / INVESTIGATOR$245,000$0$0$0$0$0$42,875$0$13,638$0$301,513$0$0$0
PATRICIA I DICKSON MD
DIRECTOR / INVESTIGATOR$162,278$0$0$0$0$0$10,548$0$526$0$173,352$0$0$0
DAVID I MEYER PHD
DIRECTOR / PRESIDENT + CEO$342,475$0$51,371$0$6,000$0$43,983$0$915$0$444,744$0$0$0
THOMAS P PLOTTS MBA
VP-FINANCE & CFO$244,007$0$24,400$0$0$0$26,841$0$806$0$296,054$0$0$0
JEROME ROTTER MD
INVESTIGATOR$360,000$0$0$0$0$0$17,500$0$8,919$0$386,419$0$0$0
RODNEY FRANKS
SENIOR VICE PRESIDENT$301,139$0$30,000$0$0$0$36,425$0$9,043$0$376,607$0$0$0
CHRISTINA WANG MD
INVESTIGATOR$240,619$0$0$0$0$0$0$0$0$0$240,619$0$0$0
ALBERT PARLOW PHD
INVESTIGATOR$229,341$0$0$0$0$0$40,134$0$4,571$0$274,046$0$0$0
PETER LIU MD
INVESTIGATOR$206,645$0$0$0$0$0$36,163$0$8,937$0$251,745$0$0$0
RUBEN FLORES
ADMINISTRATOR$186,001$0$17,839$0$0$0$0$0$13,617$0$217,457$0$0$0
WILLIAM FRENCH
INVESTIGATOR$194,092$0$0$0$0$0$0$0$0$0$194,092$0$0$0

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CONTINENTAL 1123 CARSON LLCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Relationship DescriptionOWNED BY BOARD MEMBER, MELANIE LUNDQUISTRelationshipDescriptionTxt
Transaction$247,500TransactionAmt
TransactionLA BIOMED ENTERED INTO A LEASEBACK AGREEMENT FOR PROPERTY SOLD TO CONTINENTAL 1123 CARSON LLC. THE LEASE AMOUNT WAS CALCULATED AT FAIR MARKET VALUE (AS DETERMINED BY AN INDEPENDENT REAL ESTATE VALUATION FIRM) AND APPROVED BY THE BOARD OF DIRECTORS. THE TERM OF THE LEASE EXTENDS FOR 25 YEARS WITH AN OPTION FOR LA BIOMED TO EXTEND THE LEASE. INITIAL BASE RENT IS $247,500 PER ANNUM, PAYABLE IN EQUAL MONTHLY INSTALLMENTS OF $20,625. THE BASE RENT INCREASES BY 12.5% EVERY 5 YEARS TO ACCOUNT FOR INFLATION. LA BIOMED POSSESSES A RIGHT TO PURCHASE THE PROPERTY AT ITS THEN FAIR MARKET VALUE UPON EXPIRATION OF THE LEASE TERM. THE BOARD OF DIRECTORS INDEPENDENTLY APPROVED THE LEASEBACK OF THE PROPERTY AT 1123 CARSON WITHOUT THE PARTICIPATION OF THE INTERESTED PARTY.TransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution4ContributionCnt
Noncash Contributions Rpt F990$1,388,502NoncashContributionsRptF990Amt
Method Of Determining RevenuesAVG FMV ON DAY DONATEDMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART 1, LINE 16B: FUNDRAISING EXPENSESTHE ENTITY RECEIVES THE VAST MAJORITY OF ITS FUNDING ON AN ANNUAL BASIS FROM FEDERAL, STATE AND COUNTY GOVERNMENTAL SOURCES. THE ENTITY SPENDS A RELATIVELY SMALL AMOUNT OF EXPENSES IN OBTAINING GOVERNMENT FUNDING, DUE TO THE LARGE NATURE OF GOVERNMENT GRANTS.
FORM 990, PART VI, SECTION A, LINE 6LA BIOMED HAS ONE CLASS OF MEMBERS, REFERRED TO AS "REGULAR MEMBERS". REGULAR MEMBERS APPLY FOR MEMBERSHIP. IN ORDER TO BE ELIGIBLE FOR MEMBERSHIP, APPLICANTS MUST EITHER BE AN ACTIVE INVESTIGATOR, EDUCATOR, OR OTHER PERSON SERVING ON THE PROFESSIONAL STAFF OR BE AN INDIVIDUAL WITH AN ACTIVE INTEREST IN THE INSTITUTE.
FORM 990, PART VI, SECTION A, LINE 7AA MAJORITY OF REGULAR MEMBERS VOTING AT A DULY NOTICED ANNUAL OR SPECIAL MEETING HAVE THE RIGHT TO FILL A VACANCY ON THE GOVERNING BOARD BY ELECTING DIRECTORS TO ANY VACANCIES NOT FILLED BY THE GOVERNING BOARD. ADDITIONALLY, A MAJORITY OF REGULAR MEMBERS VOTING AT A DULY NOTICED ANNUAL OR SPECIAL MEETING CAN ELECT TO REMOVE A DIRECTOR WITHOUT CAUSE.
FORM 990, PART VI, SECTION A, LINE 7BA MAJORITY OF REGULAR MEMBERS VOTING AT A DULY NOTICED ANNUAL OR SPECIAL MEETING MAY ELECT TO AMEND THE ARTICLES OF INCORPORATION. A MAJORITY OF REGULAR MEMBERS VOTING AT A DULY NOTICED ANNUAL OR SPECIAL MEETING MAY ELECT TO DISSOLVE THE CORPORATION.
FORM 990, PART VI, SECTION B, LINE 11THE AUDIT COMMITTEE WILL REVIEW THE PRELIMINARY TAX RETURN AND ASK RELEVANT QUESTIONS TO THE PREPARER PRIOR TO THE FILING OF THE TAX RETURN. A COPY OF THE FINAL DRAFT OF THE RETURN WILL BE FORWARDED TO THE ENTIRE BOARD OF DIRECTORS BEFORE IT IS FILED.
FORM 990, PART VI, SECTION B, LINE 12CALL BOARD MEMBERS, INSIDERS, AND SENIOR MANAGEMENT MUST READ AND SIGN OFF ON A CONFLICT OF INTEREST POLICY. EVERY BOARD MEMBER IS REQUIRED TO COMPLETE AN ANNUAL CONFLICT OF INTEREST AND REASONABLE EFFORTS QUESTIONNAIRE. UPON THE IDENTIFICATION OF ANY CONFLICTS, THE CHAIRMAN AND THE BOARD WILL DETERMINE THE PROPER PROCEDURE FOR ADDRESSING THE CONFLICT.
FORM 990, PART VI, SECTION B, LINE 15THE ORGANIZATION HAS A COMPENSATION COMMITTEE THAT DETERMINES THE COMPENSATION OF THE TOP MANAGEMENT AND TOP FINANCIAL OFFICIALS (CEO AND CFO) OF THE ORGANIZATION INDEPENDENTLY AND THROUGH THE USE OF COMPENSATION STUDIES AND COMPARABLE DATA. THE BOARD OF DIRECTORS APPROVES THE COMPENSATION AND THE COMPENSATION AGREEMENT WITH THE PRESIDENT/CEO IN AN INDEPENDENT SESSION, WITHOUT PARTICIPATION OF THE INTERESTED PARTY.
FORM 990, PART VI, SECTION C, LINE 19THE FORM 990 AND OTHER ORGANIZATION GOVERNING DOCUMENTS ARE HELD AT LA BIOMED'S OFFICE AND ARE AVAILABLE TO THE PUBLIC BY WRITTEN OR VERBAL REQUEST. A COPY OF THE FORM 990 IS ALSO AVAILABLE ON GUIDESTAR.ORG.
FORM 990, PART VII: COMPENSATION OF INVESTIGATORS AND RESEARCHERSSOME OF THE BOARD MEMBERS RECEIVE COMPENSATION AS A RESULT OF THEIR EMPLOYMENT AS INVESTIGATORS/RESEARCHERS. FOR THE MOST PART, COMPENSATION PAID TO RESEARCHERS AND INVESTIGATORS IS BASED ON RATES APPROVED BY THIRD PARTY SPONSORING AGENCIES, TAKING INTO ACCOUNT THE SPECIALIZED KNOWLEDGE AND OVERSIGHT DUTIES OF THE RESEARCHERS AND INVESTIGATORS FOR THE PROJECTS UNDER THEIR DIRECTION. SUCH AMOUNTS ARE NOT DETERMINED BY ANY INSIDER OF THE ORGANIZATION.
FORM 990, PART XI, LINE 9:FAS 158 - POST RETIREMENT ADJUSTMENTS -265,321. INTEREST RATE SWAP 230,015.
FORM 990, PART XII, LINE 2C:THE AUDIT COMMITTE REVIEWS AND APPROVES THE AUDITED FINANCIAL STATEMENTS AND THE FILING OF FORM 990.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1LOS ANGELES BIOMEDICAL RESEARCH FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11124 W CARSON STREET BLDG N-14AddressLine1Txt
CityTORRANCECityNm
State AbbreviationCAStateAbbreviationCd
ZIP90502ZIPCd
FieldValueIRS element (for citing)
EIN330781895EIN
Primary ActivitiesSUPPORT ORGANIZATIONPrimaryActivitiesTxt
Legal Domicile StateCALegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 11C, III-FIPublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1LOS ANGELES BIOMEDICAL RESEARCH INSTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd