2024-06-17T09:48:04-05:00 2023-09-30 910189318 MOSS ADAMS LLP 21700 OXNARD ST STE 300 WOODLAND HILLS CA 91367 990 2022-10-01 951757119 HUNTINGTON MEDICAL RESEARCH INSTITUTES HUNT 6267954343 686 SOUTH FAIR OAKS AVENUE PASADENA CA 91105 JOHN BABCOCK BOARD CHAIR 6267954343 2024-06-13 1 JOHN BABCOCK 999009999 0 LAUREN A HAVERLOCK P00545829 8185771900 2024-06-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JULIA E BRADSHER 686 SOUTH FAIR OAKS AVENUE PASADENA CA 91105 13025877 0 X WWW.HMRI.ORG X 1982 CA HMRI CONDUCTS GROUNDBREAKING BIOMEDICAL RESEARCH AND INSPIRES THE NEXT GENERATION OF SCIENTISTS. 19 19 80 29 115025 425099 5875034 7478970 1137364 402805 1781120 2354299 234086 184987 9027604 10421061 0 0 0 0 5791193 7349499 0 0 975461 7834711 7295463 13625904 14644962 -4598300 -4223901 70090884 66349122 2113362 2120182 67977522 64228940 X IMPROVING LIVES THROUGH PATIENT FOCUSED SCIENTIFIC RESEARCH. 0 0 9320063 402805 HMRI IS A PIONEER IN SCIENTIFIC RESEARCH, WITH A 70-YEAR TRACK RECORD OF GROUNDBREAKING DISCOVERIES THAT HAVE CHANGED THE WORLD, FROM SEATBELTS TO LIFESAVING DIAGNOSTIC TECHNOLOGY SUCH AS THE MRI. HMRI'S MISSION IS TO CONDUCT GROUNDBREAKING BIOMEDICAL RESEARCH AND TO INSPIRE THE NEXT GENERATION OF SCIENTISTS. TODAY, HRMI'S WORK IS FOCUSED ON BIOMEDICAL RESEARCH PROGRAMS THAT INVESTIGATE DISEASES OF THE HEART AND BRAIN SUCH AS ALZHEIMER'S DISEASE, HEART ATTACKS, AND THE BIOLOGICAL BASIS OF MENTAL ILLNESS. IN 2022/23, HMRI RESEARCHERS PUBLISHED SCIENTIFIC PAPERS IN PEER REVIEWED JOURNALS, SERVED ON EDITORIAL BOARDS AND SCIENTIFIC ADVISORY BOARDS, AND PRESENTED THEIR WORK AT MAJOR MEDICAL RESEARCH CONFERENCES.MAJOR ACCOMPLISHMENTS DURING THE YEAR INCLUDED MONTHLY SEMINARS THAT ARE OPEN TO THE PUBLIC THAT COVER TIMELY MEDICAL AND RESEARCH TOPICS, QUARTERLY COMMUNITY EDUCATION EVENTS, AND HOSTING MORE THAN 40 HIGH SCHOOL STUDENTS, COLLEGE STUDENTS, AND POST-DOCTORAL FELLOWS LEARNING ABOUT RESEARCH UNDER THE MENTORSHIP OF OUR SCIENTISTS IN OUR EDUCATION PROGRAMS. 9320063 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 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 59 0 1 80 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 1 1 CA X X JULIA E BRADSHER 6267954343 686 SOUTH FAIR OAKS AVENUE PASADENA CA 91105 SUSAN E KANE BOARD CHAIR 2.00 X X 0 0 0 JAMES D GAMB IMMEDIATE PAST CHAIR 2.00 X X 0 0 0 JOHN BABCOCK VICE CHAIR 2.00 X X 0 0 0 ALEXANDRA LEVINE BOARD MEMBER 2.00 X 0 0 0 C JOSEPH CHANG BOARD MEMBER 2.00 X 0 0 0 CAMERON BOSWELL BOARD MEMBER 2.00 X 0 0 0 DANIEL R KIMBELL BOARD MEMBER 2.00 X 0 0 0 DAVID M DAVIS BOARD MEMBER - UNTIL 2/23 2.00 X 0 0 0 EDWARD A MENA BOARD MEMBER - AS OF 1/23 2.00 X 0 0 0 JACQUIE OCHOA-ROSELLINI BOARD MEMBER 2.00 X 0 0 0 JAMES J FEMINO BOARD MEMBER 2.00 X 0 0 0 JOHN L MOTHERSHEAD BOARD MEMBER 2.00 X 0 0 0 KATHLEEN KANE BOARD MEMBER - UNTIL 12/22 2.00 X 0 0 0 LAWRENCE W JONES BOARD MEMBER 2.00 X 0 0 0 PETER M MENARD BOARD MEMBER - UNTIL 5/23 2.00 X 0 0 0 RICK WENTZEL BOARD MEMBER 2.00 X 0 0 0 ROGER ENGEMANN BOARD MEMBER 2.00 X 0 0 0 SANDRA SHARP BOARD MEMBER 2.00 X 0 0 0 SONIA SINGLA BOARD MEMBER 2.00 X 0 0 0 TERRY PERUCCA BOARD MEMBER 2.00 X 0 0 0 UMA SHRIVASTAVA BOARD MEMBER 2.00 X 0 0 0 WILLIAM E THOMSON BOARD MEMBER 2.00 X 0 0 0 BARBARA HUNT BOARD MEMBER - UNTIL 5/23 2.00 X 0 0 0 JULIA BRADSHER PRESIDENT AND CEO 40.00 X 456841 0 26409 WENDY WELCH-KELLER CHIEF OF STAFF, BOARD SECRETARY 40.00 X 123068 0 17957 GABRIEL RINCON CFO & TREASURER - AS OF 07/2022 40.00 X 110992 0 14304 ROBERT KLONER CSO, DIRECTOR CARDIOVASCULAR 40.00 X 402924 0 10950 MARK DIXON CHIEF OPERATION OFFICER 40.00 X 162976 0 14549 JOCEYLYN FERGUSON CHIEF DEV. OFFICER - UNTIL 8/23 40.00 X 192201 0 10824 ANJU VASUDEVAN SCIENTIFIC DIRECTOR NEUROSCIENCE 40.00 X 189222 0 26724 NICOLE PURCELL SCIENTIFIC DIRECTOR OF EDUCATION PROGRAMS / ASSOCI 40.00 X 187999 0 16138 JOSE JUAN ROSAS DIRECTOR, VIVARIUM 40.00 X 112033 0 15497 ARAKAKI XIANGHONG ASSISTANT PROFESSOR 40.00 X 104167 0 8583 2042423 0 161935 10 0 1 0 DLC 21800 OXNARD ST SUITE 980 WOODLAND HILLS CA 91367 ACCOUNTING SERVICES 1195590 HEALTHCORE 123 JUSTISON ST STE 200 WILMINGTON DE 19801 RESEARCH SERVICES 303816 CMBS PO BOX 60049 ARCADIA CA 910660049 COMPUTER CONSULTING SERVICES 264291 HARBOR BUILDING MAINTENANCE 5011 ARGOSY AVE STE 11 HUNTINGTON BEACH CA 92649 JANITORIAL SERVICES 155971 MOSS ADAMS LLP PO BOX 101822 PASADENA CA 911891822 AUDIT & TAX ACCOUNTING SERVICES 126300 5 4133321 3345649 10035 7478970 MEDICAL RESEARCH 541700 402805 402805 402805 1582445 115025 1467420 6171 6171 178816 0 178816 178816 178816 3376670 2604816 771854 771854 771854 10421061 402805 115025 2424261 X 1655504 295565 1147859 212080 4056814 2668557 1206758 181499 422958 219473 174343 29142 844327 438121 348032 58174 369896 191939 152471 25486 194577 11645 176863 6069 33115 33115 31125 31125 1758995 1405047 270372 83576 1448737 647118 476277 325342 25624 25624 338560 296198 39103 3259 362814 286475 42210 34129 1533224 1364713 157459 11052 366814 328531 35338 2945 RESEARCH AND OTHER SUPP 716151 716151 REPAIRS, MAINTENANCE, A 341465 325022 15178 1265 TAXES AND LICENSES 144262 125508 17311 1443 14644962 9320063 4349438 975461 4686352 3738954 5157705 2342324 385085 703299 147917 174000 45530819 14720642 32165263 30810177 23126304 24740161 4216838 3674832 205420 165375 70090884 66349122 1473168 802875 3634 0 636560 1317307 2113362 2120182 X 45946671 42700134 22030851 21528806 67977522 64228940 70090884 66349122 X -4223901 1271091 -795772 X 0 1 X 1 1 1 X 7359433 5235769 13397713 5875034 7478970 39346919 7359433 5235769 13397713 5875034 7478970 39346919 9517972 29828947 1355136 1026043 1292729 1609902 1652407 6936217 132323 80569 212892 6236 31514 37750 46533778 3441111 0.64100 0.63990 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 28660130 3457699 3398036 1171634 2019731 32324500 36414587 1165089 5335047 3584499 28660130 33630474 7069040 4284927 36414587 28632972 3838370 2686172 1527040 33630474 30494450 1197434 3058912 28632972 0.53190 0.21070 0.25740 0 0 2506062 2506062 31091667 6465097 24626570 2638096 1464497 1173599 7551303 6414312 1136991 1217551 526140 376736 1366955 30810177 LIMITED PARTNERSHIPS 3674832 C 3674832 ACCRUED PENSION COST 1317307 1317307 X 10865255 1271091 -795772 475319 10389936 31125 31125 10421061 14613837 0 14613837 31125 31125 14644962 PART V, LINE 4: THE ENDOWMENT CONSISTS OF THREE TYPES OF FUNDS: (1) UNRESTRICTED FUNDS ARE FOR UNRESTRICTED USE AT HMRI'S DISCRETION, CURRENTLY SPENDING FROM SUCH FUNDS SUPPORT OPERATIONS. (2) PERMANENT ENDOWMENT FUNDS WERE DONATED WITH INSTRUCTIONS FOR THE CORPUS TO REMAIN INTACT AND INCOME EARNED FROM APPRECIATION IS AVAILABLE FOR CERTAIN OPERATIONAL USES. (3) THE INCOME FROM THE PERMANENT ENDOWMENT FUNDS ARE REPRESENTED AS TEMPORARILY RESTRICTED UNTIL APPROPRIATED FOR EXPENDITURE BY THE ORGANIZATION. PART X, LINE 2: MANAGEMENT BELIEVES THAT IS HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. HMRI WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES INCURRED. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN ACCRUED PENSION COST -680,747. INVESTMENTS IN PARTNERSHIPS -115,025. X X X X 0 0 0 0 0 0 0 0 0 JULIA BRADSHER PRESIDENT AND CEO 456841 0 0 0 0 0 23468 0 2941 0 483250 0 0 0 ROBERT KLONER CSO, DIRECTOR CARDIOVASCULAR 402924 0 0 0 0 0 10350 0 600 0 413874 0 0 0 ANJU VASUDEVAN SCIENTIFIC DIRECTOR NEUROSCIENCE 189222 0 0 0 0 0 15996 0 10728 0 215946 0 0 0 NICOLE PURCELL SCIENTIFIC DIRECTOR OF EDUCATION PRO 187999 0 0 0 0 0 15103 0 1035 0 204137 0 0 0 JOCEYLYN FERGUSON CHIEF DEV. OFFICER - UNTIL 8/23 192201 0 0 0 0 0 7800 0 3024 0 203025 0 0 0 MARK DIXON CHIEF OPERATION OFFICER 162976 0 0 0 0 0 13133 0 1416 0 177525 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B AN IN-DEPTH REVIEW OF THE FORM 990 IS DONE BY THE PRESIDENT AND CEO, AND THE CFO. THE AUDIT COMMITTEE REVIEWS THE 990 DRAFT AND ADDRESSES ANY QUESTIONS PRIOR TO BEING SENT TO THE GOVERNING BODY FOR FINAL REVIEW. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST AND A RELATED PARTY QUESTIONNAIRE IS SENT OUT TO ALL BOARD MEMBERS ANNUALLY TO DISCLOSE ANY CIRCUMSTANCES THAT COULD GIVE RISE TO CONFLICTS OF INTEREST. THE GOVERNANCE COMMITTEE OF THE BOARD REVIEWS AND MAKES RECOMMENDATIONS TO THE FULL BOARD FOR ACTION, IF ANY. FORM 990, PART VI, SECTION B, LINE 15A AN ANNUAL PERFORMANCE REVIEW IS CONDUCTED THAT INCLUDES A 360 DEGREE REVIEW WITH INPUT FROM ALL BOARD MEMBERS AND DIRECT REPORTS. ALL DATA IS REVIEWED BY THE EXECUTIVE COMMITTEE WITH THE CEO. SALARY IS BASED ON COMPARISONS OF SALARIES AT SIMILAR ORGANIZATIONS AND COST OF LIVING SINCE LAST INCREASE. SALARY IS REVIEWED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 OUR BYLAWS AND ARTICLES OF INCORPORATION ARE AVAILABLE UPON REQUEST. OUR CONFLICT-OF-INTEREST POLICY IS AVAILABLE UPON REQUEST. THE AUDITED FINANCIAL STATEMENTS ARE PUBLISHED ON HMRI'S WEBSITE. FORM 990, PART IX, LINE 11G OTHER: PROGRAM SERVICE EXPENSES 1,405,047. MANAGEMENT AND GENERAL EXPENSES 270,372. FUNDRAISING EXPENSES 83,576. TOTAL EXPENSES 1,758,995. FORM 990, PART XI, LINE 9: CHANGE IN ACCRUED PENSION COST -680,747. INVESTMENTS IN PARTNERSHIPS -115,025. CHARITABLE REMAINDER TRUST (1) CA 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0