2025-05-15T11:47:38-05:00 2024-06-30 390859910 BAKER TILLY ADVISORY GROUP LP 18500 VON KARMAN AVE 10TH FLOOR IRVINE CA 92612 990 2023-07-01 952138184 LUNDQUIST INSTITUTE FOR BIOMEDICAL INNOVATION AT HARBOR-UCLA MEDICAL CENTER LUND 3102223605 1124 W CARSON ST MRL BLDG TORRANCE CA 90502 KEVIN WONG CFO 3102223605 2025-05-14 1 0 BRIAN YACKER P00401346 9492222999 2025-05-14 2023 2025-03-06 01:10:19Z THE LUNDQUIST INSTITUTE DR JOE RAMOS 1124 W CARSON ST MRL BLDG TORRANCE CA 90502 101035812 0 X WWW.LUNDQUIST.ORG X 1952 CA TO ENGAGE IN BIOMEDICAL RESEARCH, EDUCATE, AND PROVIDE COMMUNITY HEALTH SERVICES. 32 25 794 900 0 0 83433111 85558689 4686360 5385265 1450057 1837950 2055534 4410033 91625062 97191937 515624 318027 0 0 57498592 62194547 0 0 1106000 41174846 42321555 99189062 104834129 -7564000 -7642192 169678000 159710000 87838000 81957000 81840000 77753000 X TO ENGAGE IN BIOMEDICAL RESEARCH, TRAIN YOUNG SCIENTISTS, AND PROVIDE COMMUNITY HEALTH SERVICES. 0 0 36208000 318027 MEDICAL 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. 18628000 5004081 HEALTH CARE PROGRAM: LUNDQUIST INSTITUTE 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. 11012000 SCIENCE & TECHNOLOGY: TRAINING OF MEDICAL STUDENTS, INTERNS, RESIDENTS, AND POST GRADUATES. 3127000 381184 OTHER PROGRAM SERVICES: INCLUDES SALES OF BIOMEDICAL SERVICES ANDPRODUCTS AND ROYALTY PAYMENTS TO INVENTORS. 3127000 381184 68975000 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 355 0 1 794 1 0 0 0 0 0 0 0 0 0 0 0 0 X 32 25 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X THE ORGANIZATION 3102223605 1124 W CARSON ST MRL BLDG TORRANCE CA 90502 X DR DAVID MEYER PRESIDENT/CEO - UNTIL 12/31/23 40.00 X X 780403 0 58916 ASHRAF S IBRAHIM INVESTIGATOR, PHD 40.00 X 550738 0 123341 JODY SPILLANE SR. VP PUBLIC AFFAIRS 40.00 X 473676 0 37355 IVAN SHIN SR. VP OF DEVELOPMENT 40.00 X 410083 0 64488 MICHAEL R JONES CFO, SVP 40.00 X 400482 0 57756 WEI YAN INVESTIGATOR, PHD 40.00 X 303213 0 80432 MATTHEW J BUDOFF INVESTIGATOR, PHD 40.00 X 275918 0 78339 ROSEMARY E MADNICK VP - RESEARCH ADMINISTRATION 40.00 X 248530 0 68268 MICHAEL R YEAMAN INVESTIGATOR, PHD 40.00 X 244163 0 42729 KAREN L MAYO VP FACILITIES AND SUPPORT OPS 40.00 X 222660 0 45012 MS LYNDA POLGREEN BOARD MEMBER/INVESTIGATOR 40.00 X 215574 0 38289 DR HARRY ROSSITER BOARD MEMBER/INVESTIGATOR 40.00 X 179781 0 31922 DR ERIC DAAR VICE CHAIR/INVESTIGATOR 40.00 X X 126046 0 22058 KERSTIN B LYNAM CHIEF OPERATING OFFICER 40.00 X 125287 0 14187 DR LYNNE SMITH SECRETARY 40.00 X X 105042 0 18382 DR LOREN MILLER BOARD MEMBER/INVESTIGATOR 40.00 X 100364 0 0 MARIANNE GAUSCHE-HILL INTERIM CEO 10.00 X X 33646 0 1763 DR DELPHINE LEE BOARD MEMBER/INVESTIGATOR 10.00 X 21701 0 3798 DR MITCHEL SAYARE BOARD CHAIR, CHAIR - EXECUTIVE 5.00 X X 0 0 0 MR SAM GLICK VICE CHAIR, CHAIR - ADVANCEMENT 2.00 X X 0 0 0 MR PAUL KUC TREASURER, CHAIR - FINANCE 2.00 X X 0 0 0 DR BILL DORFMAN CHAIR - DEVELOPMENT COMMITTEE 2.00 X 0 0 0 MR STEVEN NISSEN CHAIR - GOVERNANCE NOMINATION 2.00 X 0 0 0 MS LAURA SURVANT CHAIR - EXECUTIVE COMPENSATION 2.00 X 0 0 0 MR JOSEPH BERENATO CHAIR - AUDIT/RISK MANAGEMENT 2.00 X 0 0 0 MR DANIEL ROSENFELD BOARD MEMBER 1.00 X 0 0 0 DR CHRISTOPHER LEE BOARD MEMBER 1.00 X 0 0 0 DR SAMUEL TARICA BOARD MEMBER 1.00 X 0 0 0 DR CHRISTIAN DEVIRGILIO BOARD MEMBER 1.00 X 0 0 0 DR KELLY CALLAHAN BOARD MEMBER 1.00 X 0 0 0 DR JOSEPH THOMAS BOARD MEMBER 1.00 X 0 0 0 DR DAVID HEBER BOARD MEMBER 1.00 X 0 0 0 DR ANISH MAHAJAN BOARD MEMBER 1.00 X 0 0 0 DR GRISELDA GUTIERREZ BOARD MEMBER 1.00 X 0 0 0 MR H FREDERICK CHRISTIE BOARD MEMBER 1.00 X 0 0 0 ELLIOT HINDS BOARD MEMBER 1.00 X 0 0 0 MR NATE KIRTMAN BOARD MEMBER 1.00 X 0 0 0 MR RICHARD LUNDQUIST BOARD MEMBER 1.00 X 0 0 0 MR TOM ANASTASSIOU BOARD MEMBER 2.00 X 0 0 0 MS HORTENSE ALLISON BOARD MEMBER 1.00 X 0 0 0 MS MELANIE LUNDQUIST BOARD MEMBER 1.00 X 0 0 0 MS PAULA MADISON BOARD MEMBER 1.00 X 0 0 0 MR CARL DICKERSON BOARD MEMBER 1.00 X 0 0 0 4817307 0 787035 105 0 1 0 TENANT IMPROVEMENT SPECIALISTS DBA TIS C 713 EAST 223RD STREET CARSON CA 90745 CONSTRUCTION 4454405 REGENTS UNIVERSITY OF CALIFORNIA LOS AN 405 HILGARD AVENUE LOS ANGELES CA 90095 SUBCONTRACTORS FOR VARIOUS STUDIES 616900 CHRISTIAN BROTHERS MECHANICAL SERVICES 11140 THURSTON LANE MIRO LOMA CA 91752 CONSTRUCTION 497188 LABCORP 3301 KINSMAN BLVD MADISON WI 53704 SUBCONTRACTOR FOR VARIOUS ANIMAL STUDIES 365464 UNIVERSITY OF IOWA 210 E IOWA AVENUE IOWA CITY IA 52242 SUBCONTRACTORS FOR VARIOUS STUDIES 354733 14 75726000 9832689 85558689 CLINICAL BILLINGS 900099 5004081 5004081 BIOMEDICAL SERVICES 900099 381184 381184 5385265 1756950 1756950 4125000 4125000 319908 34875 285033 285033 285033 3831000 59000 3751000 58000 80000 1000 81000 81000 97191937 5385265 0 6247983 318027 318027 4137350 2482410 1654940 45913222 35223333 9978889 711000 11522473 8196718 3147986 177769 621502 440391 171761 9350 652400 58000 594400 148600 148600 159500 159500 99004 99004 854000 643000 174000 37000 1665000 1665000 8860125 4320000 4538125 2000 1739000 1572000 147000 20000 2088000 2088000 5916000 40000 5876000 1365453 687148 671424 6881 SUPPLIES AND SERVICES 13340000 9674000 3524000 142000 SUBCONTRACTS 4348473 4348473 FELLOWSHIPS 755000 481000 274000 RESEARCH SUBJECTS 288000 288000 43000 43000 104834129 68975000 34753129 1106000 4747845 2268846 16097155 8067154 20368000 20528000 275000 216000 619000 1153000 171745000 88292000 86075751 83453000 31828000 35348000 5249 5000 9662000 8671000 169678000 159710000 11991000 13425000 14120000 8872000 52108000 51011000 9619000 8649000 87838000 81957000 X 66166000 57879000 15674000 19874000 81840000 77753000 169678000 159710000 X -7642192 3095000 460192 X X 0 1 X 1 1 1 X 69643631 74430422 76206286 83433111 85558689 389272139 69643631 74430422 76206286 83433111 85558689 389272139 14371502 374900637 21159144 11052150 4273964 3464636 6201858 46151752 1000 1000 435424891 20072869 0.86100 0.82260 X SCHEDULE A, PART I, LINES 4 AND 7 LUNDQUIST INSTITUTE FOR BIOMEDICAL INNOVATION 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 159500 159500 75797500 75957000 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 90000 90000 159500 339500 250000 250000 250000 250000 1000000 1500000 6687857 20000 1009000 7716857 5877857 100000 710000 6687857 6907000 400000 -1429143 5877857 4764000 35301 2107699 6907000 4206000 145603 412397 4764000 0.00000 0.47980 0.52020 0 0 1750000 1750000 104338527 29893408 74445119 20104473 16178201 3926272 44853000 42220391 2632609 699000 699000 83453000 DEFERRED COMPENSATION 6331000 FINANCING LEASE RIGHT-OF-USE ASSET, NET 255000 OPERATING LEASE RIGHT-OF-USE ASSET, NET 2085000 8671000 DEFERRED COMPENSATION 6331000 FINANCING LEASE LIABILITIES 207000 OPERATING LEASE LIABILITIES 2111000 8649000 X 100568000 3095000 345192 3440192 97127808 99004 -34875 64129 97191937 104770000 34875 34875 104735125 99004 99004 104834129 PART V, LINE 4: LUNDQUIST INSTITUTE 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 LUNDQUIST INSTITUTE'S ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. PART X, LINE 2: THE INSTITUTE 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 23701D OF THE REVENUE AND TAXATION CODE, RESPECTIVELY. THE INSTITUTE 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. THE INSTITUTE 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: DEFERRED COMPENSATION GAIN 345,192. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSE -34,875. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 34,875. 1 EUROPE 0 0 GRANTS 105699 SOUTH AMERICA 0 0 GRANTS 113229 SUB-SAHARAN AFRICA 0 0 GRANTS 99099 0 0 0 0 0 0 318027 0 318027 SOUTH AMERICA SUPPORT GENERAL OPERATIONS 34374 ELECTRONIC FUND 0 EUROPE SUPPORT GENERAL OPERATIONS 54149 ELECTRONIC FUND 0 EUROPE SUPPORT GENERAL OPERATIONS 51550 ELECTRONIC FUND 0 SOUTH AMERICA SUPPORT GENERAL OPERATIONS 78855 ELECTRONIC FUND 0 SUB-SAHARAN AFRICA SUPPORT GENERAL OPERATIONS 99099 ELECTRONIC FUND 0 5 0 0 0 0 0 0 0 PART I, LINE 2: THE PROPER PRE-GRANT DUE DILIGENCE IS CONDUCTED BY LUNDQUIST TO ENSURE THAT THE GRANT RECIPIENT IS TRULY CHARITABLE AND FUNDS ARE USED APPROPRIATELY. PART I, LINE 3: ACCOUNTING METHOD USED FOR EXPENDITURES IS FAIR MARKET VALUE. X 1 1 0 0 0 0 0 0 0 0 0 DR DAVID MEYER PRESIDENT/CEO - UNTIL 12/31/23 661052 0 119351 0 0 0 58206 0 710 0 839319 0 0 0 ASHRAF S IBRAHIM INVESTIGATOR, PHD 550738 0 0 0 0 0 92604 0 30737 0 674079 0 0 0 JODY SPILLANE SR. VP PUBLIC AFFAIRS 405604 0 68072 0 0 0 36545 0 810 0 511031 0 0 0 IVAN SHIN SR. VP OF DEVELOPMENT 383206 0 26877 0 0 0 33908 0 30580 0 474571 0 0 0 MICHAEL R JONES CFO, SVP 373727 0 26755 0 0 0 35264 0 22492 0 458238 0 0 0 WEI YAN INVESTIGATOR, PHD 303213 0 0 0 0 0 52500 0 27932 0 383645 0 0 0 MATTHEW J BUDOFF INVESTIGATOR, PHD 275918 0 0 0 0 0 47769 0 30570 0 354257 0 0 0 ROSEMARY E MADNICK VP - RESEARCH ADMINISTRATION 248530 0 0 0 0 0 27156 0 41112 0 316798 0 0 0 MICHAEL R YEAMAN INVESTIGATOR, PHD 244163 0 0 0 0 0 42729 0 0 0 286892 0 0 0 KAREN L MAYO VP FACILITIES AND SUPPORT OPS 222660 0 0 0 0 0 24125 0 20887 0 267672 0 0 0 MS LYNDA POLGREEN BOARD MEMBER/INVESTIGATOR 215574 0 0 0 0 0 37485 0 804 0 253863 0 0 0 DR HARRY ROSSITER BOARD MEMBER/INVESTIGATOR 179781 0 0 0 0 0 31278 0 644 0 211703 0 0 0 PART I, LINE 1A MICHAEL JONES RECEIVED A HOUSING ALLOWANCE A CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY 521643828 13032USJ8 2018-08-28 56117420 CONSTRUCTION RESEARCH BUILDING AND OTHER CAPITAL IMPROVEMENTS 0 0 0 A 56117420 13912183 993871 30973755 10237611 0 0 0 1 A 0 0 0 0 0 0 1 A 0 1 0 0 0 0 1 DEUTSCHE BANK AG 4.400000000000 1 0 1 A 1 FORM 990, PART 1, LINE 16B: FUNDRAISING EXPENSES THE 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 2 RICHARD LUNDQUIST AND MELANIE LUNDQUIST HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE 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 12C ALL 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 15A THE ORGANIZATION HAS A COMPENSATION COMMITTEE THAT DETERMINES THE COMPENSATION OF THE EXECUTIVE DIRECTOR OF THE ORGANIZATION INDEPENDENTLY AND THROUGH THE USE OF COMPENSATION STUDIES AND COMPARABLE DATA. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 AND OTHER ORGANIZATION GOVERNING DOCUMENTS ARE HELD AT LUNDQUIST INSTITUTE'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 RESEARCHERS SOME 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 115,000. DEFERRED COMPENSATION GAIN 345,192. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. LOS ANGELES BIOMEDICAL RESEARCH FOUNDATION 1124 W CARSON STREET BLDG J-3 TORRANCE CA 90502 330781895 SUPPORT ORGANIZATION CA 501(C)(3) LINE 12C, III-FI LUNDQUIST INSTITUTE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0