2023-11-07T13:22:04-06:00 2022-12-31 420714325 RSM US LLP 19026 RIDGEWOOD PKWY STE 400 SAN ANTONIO TX 78259 990 2022-01-01 741109630 TEXAS BIOMEDICAL RESEARCH INSTITUTE TEXA 2102589400 PO BOX 760549 SAN ANTONIO TX 78245 MR BRUCE EDWARDS EXECUTIVE VICE PRESIDENT & CFO 2102589400 2023-11-03 1 MR BRUCE EDWARDS 999009999 0 JOSEPHINE BEHREND P00715390 2108286281 2023-11-03 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MR BRUCE EDWARDS PO BOX 760549 SAN ANTONIO TX 78245 103389937 0 X WWW.TXBIOMED.ORG X 1941 TX TEXAS BIOMED IS PIONEERING AND SHARING SCIENTIFIC BREAKTHROUGHS THAT PROTECT YOU, YOUR FAMILIES AND OUR GLOBAL COMMUNITY FROM THE THREAT OF INFECTIOUS DISEASES. 31 31 488 0 0 0 44658585 55301675 22051362 4929011 5285182 3406093 885741 1409171 72880870 65045950 459800 459800 0 0 35289003 36607827 0 127500 1207616 35978536 35308537 71727339 72503664 1153531 -7457714 256689852 234572359 98793918 97116072 157895934 137456287 TEXAS BIOMED IS PIONEERING AND SHARING SCIENTIFIC BREAKTHROUGHS THAT PROTECT YOU, YOUR FAMILIES AND OUR GLOBAL COMMUNITY FROM THE THREAT OF INFECTIOUS DISEASES. 0 0 11133358 1330213 THE SOUTHWEST NATIONAL PRIMATE RESEARCH CENTER PROVIDES ANIMALS THAT SERVE AS RESOURCES TO THE RESEARCH OF TEXAS BIOMED AND OTHER NATIONAL INSTITUTES. IT ALSO CARRIES OUT RESEARCH ITSELF IN THE DEVELOPMENT OF ANIMALS AS A RESEARCH TOOL IN HUMAN DISEASES. 27233286 459800 3598798 TEXAS BIOMED PERFORMS RESEARCH ON INFECTIOUS DISEASES AND ASSOCIATED CHRONIC CONDITIONS THAT INCREASE SUSCEPTIBILITY TO INFECTION. THESE INCLUDE BASIC RESEARCH OF HOST AND PATHOGEN BIOLOGY, GENETICS, IMMUNOLOGY AND PHYSIOLOGY. 38366644 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 0 1 0 0 1 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 93 0 1 488 1 0 0 0 0 0 0 0 0 0 0 0 0 X 31 31 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA CO FL GA NM NY NC OH OK X EVA ZEPEDA 2102589400 PO BOX 760549 SAN ANTONIO TX 78245 DR JAMES JAMO RUBIN CHAIRMAN 2.00 0.25 X X 0 0 0 MR CRAIG BOYAN VICE CHAIRMAN 1.00 0.25 X X 0 0 0 MR JAMES B JAMIE SMITH JR SECRETARY 1.00 0.25 X X 0 0 0 MR REX AMINI TRUSTEE 1.00 0.25 X 0 0 0 MR RICHARD N AZAR II TRUSTEE 1.00 0.25 X 0 0 0 MR DAVID Q BATES JR TRUSTEE 1.00 0.25 X 0 0 0 DR C COLLINS ANDY ANDERSON III TRUSTEE 1.00 0.25 X 0 0 0 MR ROBERT M BOBBY CAVENDER TRUSTEE 1.00 0.25 X 0 0 0 MR HENRY CISNEROS TRUSTEE 1.00 0.25 X 0 0 0 MS PHYLLIS SLICK COWELL TRUSTEE (THRU 5/22) 1.00 0.25 X 0 0 0 MRS BARBARA B DREEBEN TRUSTEE 1.00 0.25 X 0 0 0 MR WALTER EMBREY TRUSTEE 1.00 0.25 X 0 0 0 DR CRAIG FRANCES TRUSTEE 1.00 0.25 X 0 0 0 MRS ASHLEY HIXON TRUSTEE 1.00 0.25 X 0 0 0 MRS ABIGAIL G KAMPMANN TRUSTEE 1.00 0.25 X 0 0 0 MR RICHARD KARDYS TRUSTEE 1.00 0.25 X 0 0 0 MR JOHN C KERR TRUSTEE 1.00 0.25 X 0 0 0 MR WILLIAM R BILL KLESSE TRUSTEE 1.00 0.25 X 0 0 0 MRS CAROLYN H LABATT TRUSTEE 1.00 0.25 X 0 0 0 MR MARK PITMAN MAYS TRUSTEE 1.00 0.25 X 0 0 0 MR JOE C MCKINNEY TRUSTEE 1.00 0.25 X 0 0 0 MR LEWIS J LEW MOORMAN IV TRUSTEE 1.00 0.25 X 0 0 0 DR DACIA NAPIER TRUSTEE 1.00 0.25 X 0 0 0 DR GEORGE PEOPLES JR TRUSTEE 1.00 0.25 X 0 0 0 MR AL RAJWANI TRUSTEE 1.00 0.25 X 0 0 0 MRS CORINNA RICHTER TRUSTEE 1.00 0.25 X 0 0 0 MRS JENNA SAUCEDO-HERRERA TRUSTEE 1.00 0.25 X 0 0 0 MRS SHERYL SCULLEY TRUSTEE 1.00 0.25 X 0 0 0 MRS MARSHA M SHIELDS TRUSTEE 1.00 0.25 X 0 0 0 MR CHARLES CHUCK URSCHEL SLICK TRUSTEE 1.00 0.25 X 0 0 0 MR JOE STRAUS III TRUSTEE 1.00 0.25 X 0 0 0 MR JOHN B ZACHRY TRUSTEE 1.00 0.25 X 0 0 0 DR LARRY SCHLESINGER PRESIDENT & CEO 40.00 1.00 X 745070 0 35365 MR BRUCE EDWARDS EXECUTIVE VICE PRESIDENT & CFO 40.00 1.00 X 338040 0 33254 DR DEEPAK KAUSHAL DIRECTOR OF SNPRC 40.00 1.00 X 408224 0 41041 DR JOANNE TURNER EXECUTIVE VICE PRESIDENT, RESEARCH 40.00 1.00 X 328901 0 27903 DR AKUDO ANYANWU VP, DEVELOPMENT 40.00 1.00 X 299380 0 33038 DR TIMOTHY ANDERSON PROFESSOR 40.00 1.00 X 274659 0 41991 MR JOHN M HEANER VP, INFORMATION TECHNOLOGY 40.00 1.00 X 266543 0 38675 MR CORY HALLAM VP, BUSINESS DEVELOPMENT 40.00 1.00 X 259378 0 35959 DR JORDI TORRELLES PROFESSOR 40.00 1.00 X 256970 0 22857 DR RICARDO CARRION PROFESSOR 40.00 1.00 X 243672 0 39032 3420837 0 349115 68 0 1 0 SPAWGLASS CONTRACTORS INC 9331 CORPORATE DRIVE SELMA TX 78154 CONSTRUCTION 3871341 FLAD & ASSOCIATES INC 644 SCIENCE DR MADISON WI 53711 ARCHITECTURAL & ENGINEERING DESIGN SERVI 952543 GUIDO BROTHERS CONSTRUCTION COMPANY INC 8526 VIDOR AVENUE SAN ANTONIO TX 78216 CONSTRUCTION 771985 WALKER ENGINEERING PO BOX 166109 IRVING TX 75016 ELECTRICAL SERVICES 756959 SMITH PROTECTION SECURITY 1800 GRANSTAND DR SAN ANTONIO TX 78238 SECURITY 580204 17 1532616 45377962 8391097 292338 55301675 RESEARCH CONTRACTS 541700 4929011 4929011 4929011 1343015 1343015 652191 652191 189612 288667 -99055 -99055 -99055 37358299 2760099 37991305 64015 -633006 2696084 2063078 2063078 MISC. REVENUE 541700 856035 856035 856035 65045950 5785046 0 3959229 459800 459800 2290214 1213813 1076401 27518153 14271775 12750832 495546 2116249 1226300 846852 43097 2687753 1647009 983179 57565 1995458 1058420 902666 34372 747397 747397 245889 245889 151029 151029 127500 127500 364330 364330 5918637 2709402 2950532 258703 190640 190640 970906 295363 560453 115090 1809286 48208 1761027 51 2629975 2868 2627107 490959 225386 264833 740 107938 21366 86572 1406848 1406848 6857920 6391887 457080 8953 757568 757568 LAB/PROGRAM SUPPLIES 5477369 3541333 1936036 RESEARCH EXPENSES 5180010 4599408 580602 REPAIRS 916801 134239 782562 SUBSCRIPTIONS 352446 324641 27805 732589 4708 689687 38194 72503664 38366644 32929404 1207616 1800 800 22698862 21070151 6409374 5584687 13965421 12930873 975388 5305295 196276443 114137660 73227781 82138783 80068508 62969393 52113781 38182316 7228937 6390061 256689852 234572359 29154520 28261747 3216065 3325420 34914785 34533146 30023886 30038371 1484662 957388 98793918 97116072 X 102079533 90439117 55816401 47017170 157895934 137456287 256689852 234572359 -7457714 -12981933 0 X X 0 1 X 1 1 1 X 34235653 47025604 40525707 44658585 55301675 221747224 34235653 47025604 40525707 44658585 55301675 221747224 221747224 1960376 1391425 977682 1779436 2184818 8293737 83214 88385 437222 410571 856035 1875427 231916388 0.95620 0.95530 X PART II, LINE 10: OTHER INCOME REPRESENTS MISCELLANEOUS INCOME. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 1 59000 0 1 92029 151029 0 PART II-B, LINE 1: DIRECT CONTACT: TEXAS BIOMED HIRED PROFESSIONAL FIRMS TO LOBBY ON ITS BEHALF AT THE LOCAL, STATE, AND FEDERAL LEVELS. OTHER ACTIVITIES: TEXAS BIOMED HIRED CONSULTANTS TO IDENTIFY POTENTIAL STATE AND FEDERAL FUNDING OPPORTUNITIES. 0 10293958 X LEASED TO THE ARGYLE 0 96731628 -14283589 1138874 4978970 76330195 94621586 8422670 1184137 5128491 96731628 95221193 7295605 1493133 6402079 94621586 89033459 250000 13744110 1757179 6049197 95221193 104527026 -7861082 1148377 6484108 89033459 0.53920 0.46080 0.00000 0 1 1 255025 255025 132777272 91563943 41213329 50613687 22573717 28039970 12630459 12630459 82138783 ARTISAN PARTNERS FUND 5119263 F BRANDYWINE 1757575 F BRECKINRIDGE CAPITAL 10527730 F HARDMAN JOHNSTON 4363934 F PIMCO FUND 1676982 F SILCHESTER 6994895 F NS PARTNERS EMERGING 2469905 F ARROWSTREET INVESTORS 2611751 F VALINOR CAPITAL PART 50598 F HIGHBRIDGE TACTICAL 1643229 F BIOPHARMA CREDIT V 966454 F 38182316 LEASE LIABILITY 957388 957388 X PART III, LINE 4: LAND, BUILDINGS, AND EQUIPMENT NOT USED IN THE RESEARCH OPERATIONS OF TEXAS BIOMED ARE IDENTIFIED SEPARATELY AND VALUED AT COST. CURRENTLY, THIS IS LIMITED TO PROPERTY LEASED TO THE ARGYLE CLUB (THE ARGYLE). THE ARGYLE IS A NONPROFIT ORGANIZATION OPERATED AS A SOCIAL WELFARE ORGANIZATION. MEMBERSHIP IN THE ARGYLE REQUIRES INITIAL AND ANNUAL CONTRIBUTIONS TO TEXAS BIOMED. TEXAS BIOMED LEASES A BUILDING, ITS CONTENTS, SURROUNDING LAND, AND A PARKING LOT TO THE ARGYLE FOR A MONTHLY RENTAL OF $6,000. PART V, LINE 4: THE BOARD OF TEXAS BIOMED HAS AUTHORIZED MANAGEMENT TO TAKE 6.5% OF A TRAILING 12 QUARTER AVERAGE ENDOWMENT BALANCE FOR SUPPORT OF TEXAS BIOMED OPERATIONS, INCLUDING THE PROVISION OF INTERNAL RESEARCH FUNDING AND CAPITAL EQUIPMENT. PART X, LINE 2: MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY TEXAS BIOMED AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN. TEXAS BIOMED HAS RECOGNIZED NO INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. TEXAS BIOMED IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 18669801 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES RESEARCH 20334 SOUTH AMERICA 0 0 PROGRAM SERVICES RESEARCH 4130 0 0 0 0 0 0 18694265 0 18694265 0 0 0 1 0 0 PART III ACCOUNTING METHOD: X X X X X 1 STRATEGIC PARTNERSHIPS LLC 1600 DUKE STREET SUITE 210 ALEXANDRIA VA 22314 PROFESSIONAL FUNDRAISING SERVICES 0 0 127500 0 127500 CA CO FL GA NM NY NC OH OK 1 GRAD STUDENT STIPENDS & TUITION ASSISTANCE 11 459800 0 N/A N/A PART I, LINE 2: ALL INDIVIDUALS RECEIVING GRANTS WORK ONSITE AND ARE REVIEWED BY MANAGER WITH RESPONSIBILITY FOR THE GRANT PROGRAM. X X X 0 0 0 0 0 0 0 0 0 DR LARRY SCHLESINGER PRESIDENT & CEO 636494 0 104275 0 4301 0 21761 0 13604 0 780435 0 0 0 DR DEEPAK KAUSHAL DIRECTOR OF SNPRC 317061 0 89921 0 1242 0 21350 0 19691 0 449265 0 0 0 MR BRUCE EDWARDS EXECUTIVE VICE PRESIDENT & CFO 334440 0 2358 0 1242 0 21350 0 11904 0 371294 0 0 0 DR JOANNE TURNER EXECUTIVE VICE PRESIDENT, RESEARCH 317349 0 10000 0 1552 0 22484 0 5419 0 356804 0 0 0 DR AKUDO ANYANWU VP, DEVELOPMENT 283570 0 15000 0 810 0 21350 0 11688 0 332418 0 0 0 DR TIMOTHY ANDERSON PROFESSOR 253652 0 17578 0 3429 0 23339 0 18652 0 316650 0 0 0 MR JOHN M HEANER VP, INFORMATION TECHNOLOGY 262979 0 0 0 3564 0 18984 0 19691 0 305218 0 0 0 MR CORY HALLAM VP, BUSINESS DEVELOPMENT 213378 0 45000 0 1000 0 18730 0 17229 0 295337 0 0 0 DR RICARDO CARRION PROFESSOR 218020 0 24414 0 1238 0 20380 0 18652 0 282704 0 0 0 DR JORDI TORRELLES PROFESSOR 232170 0 23438 0 1362 0 17438 0 5419 0 279827 0 0 0 PART I, LINE 3: THE EXECUTIVE COMMITTEE SERVES AS THE ENTITY THAT REVIEWS THE COMPENSATION OF THE CEO AND EVALUATES HIS PERFORMANCE. SALARY SURVEYS ARE USED AS A BASIS OF SALARY COMPARISON. A PUBLIC FINANCE AUTHORITY 273866124 74442PSZ9 2021-09-15 35458210 SEE PART VI 0 0 0 A 35626551 129355 440996 6360146 16998750 11697304 0 1 0 1 A 0 0 0 0 0 0 1 A 0 1 1 0 0 0 0 0 1 A 1 PART 1, LINE A, COLUMN F THE BONDS WERE ISSUED FOR THE PURPOSE OF CURRENT REFUNDING A LINE OF CREDIT WITH FROST BANK PURSUANT TO A LOAN AGREEMENT, DATED AUGUST 25, 2017 AND TO FINANCE CAPITAL IMPROVEMENTS ON THE BORROWER'S CAMPUS. PART II, LINE 3 THE TOTAL PROCEEDS SHOWN IN PART II, LINE 3 DIFFERS FROM THE ISSUE PRICE SHOWN IN PART I, (E) DUE TO INTEREST EARNINGS ON INVESTED PROCEEDS. PART IV, LINE 2B THE CURRENT REFUNDING PORTION OF THE BONDS MET THE 6 MONTH EXCEPTION TO REBATE. X 10 292338 FMV 0 0 0 0 PART I, COLUMN (B): REPORTING THE NUMBER OF CONTRIBUTIONS FORM 990, PART VI, SECTION A, LINE 2 *MR. REX AMINI (TRUSTEE) HAS A BUSINESS RELATIONSHIP WITH MR. JOHN KERR (TRUSTEE) AND MR. WALTER EMBREY (TRUSTEE). *MR. JAMIE SMITH (TRUSTEE) IS VICE CHAIR-TEXAS AT DYKEMA. TEXAS BIOMED HAS A BUSINESS RELATIONSHIP WITH DYKEMA. *MR. JOE STRAUS (TRUSTEE) HAS A BUSINESS RELATIONSHIP WITH MR. JOHN ZACHRY (TRUSTEE). *DR. JAMES RUBIN (TRUSTEE) HAS A BUSINESS RELATIONSHIP WITH MR. WALTER EMBREY (TRUSTEE). *DR. JAMES RUBIN (TRUSTEE) IS MARRIED TO THE DAUGHTER OF MR. WALTER EMBREY (TRUSTEE). FORM 990, PART VI, SECTION B, LINE 11B AFTER THOROUGH REVIEW AND APPROVAL OF THE FORM 990 BY THE AUDIT COMMITTEE, THE FORM WAS TRANSMITTED ELECTRONICALLY TO ALL MEMBERS OF THE BOARD OF TRUSTEES PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C STAFF GATHERS AND REVIEWS THE REQUIRED CONFLICT OF INTEREST DISCLOSURE FORMS FROM ALL BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES. THE AUDIT AND COMPLIANCE COMMITTEE IS MADE AWARE OF ANY DISCLOSURES AND INITIATES ANY REQUIRED FOLLOW-UP. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES EXECUTIVE COMPENSATION. AT THE EXECUTIVE COMMITTEE MEETING WHERE THE BUDGET IS DISCUSSED, THE COMMITTEE ALSO DETERMINES ANY CHANGES IN COMPENSATION FOR THE UPCOMING YEAR FOR OFFICERS. THEY ARE PROVIDED WITH INFORMATION FROM SALARY SURVEYS AND THE PERFORMANCE EVALUATIONS OF THESE STAFF, WHERE APPROPRIATE. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 AND OTHER ORGANIZATIONAL DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE FINANCIAL STATEMENTS WERE AUDITED ON A CONSOLIDATED BASIS. THE AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE INSTITUTION'S FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR. TOM SLICK MEMORIAL TRUST FOR SW FDN FOR RSCH AND ED PO BOX 760549 SAN ANTONIO TX 782450549 237225475 OIL AND GAS REVENUES TO SUPPORT TEXAS BIOMED TX 501(C)(3) LINE 12B, II TEXAS BIOMEDICAL 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 TOM SLICK MEMORIAL TRUST FOR SW FDN FOR RSCH AND ED C 1532616 ACTUAL COST