2025-06-23T15:03:42-05:00 2024-09-30 390859910 BAKER TILLY ADVISORY GROUP LP 21700 OXNARD ST STE 300 WOODLAND HILLS CA 91367 990 2023-10-01 951757119 HUNTINGTON MEDICAL RESEARCH INSTITUTES HUNT 6267954343 686 SOUTH FAIR OAKS AVENUE PASADENA CA 91105 JOHN BABCOCK BOARD CHAIR 6267954343 2025-06-20 1 1 LAUREN A HAVERLOCK P00545829 8185771900 2025-06-10 2023 2025-03-06 01:10:19Z JULIA E BRADSHER 686 SOUTH FAIR OAKS AVENUE PASADENA CA 91105 20441132 0 X WWW.HMRI.ORG X 1982 CA HMRI ADVANCES SCIENTIFIC DISCOVERY THROUGH INNOVATIVE BIOMEDICAL RESEARCH TO IMPROVE HEALTH OUTCOMES AND INSPIRE THE NEXT GENERATION OF SCIENTISTS. 16 16 62 17 -60714 0 7478970 5185634 402805 151718 2354299 4239993 184987 175908 10421061 9753253 0 0 0 0 7349499 7630186 0 0 590651 7295463 6620022 14644962 14250208 -4223901 -4496955 66349122 64324194 2120182 2074994 64228940 62249200 HMRI ADVANCES SCIENTIFIC DISCOVERY THROUGH INNOVATIVE BIOMEDICAL RESEARCH TO IMPROVE HEALTH OUTCOMES AND INSPIRE THE NEXT GENERATION OF SCIENTISTS. 0 0 9154359 151718 HMRI'S RESEARCH PROGRAMS ARE FOCUSED ON COMMON DISEASE PROCESSES INCLUDING NEUROLOGIC (ALZHEIMER'S MIGRANE) AND CARDIOVASCULAR. IN 2023/2024, HMRI RESEARCHERS PUBLISHED PAPERS IN PEER REVIEWED JOURNALS, SERVED ON EDITORIAL BOARDS AND SCIENCE ADVISORY BOARDS, AND PRESENTED THEIR WORK AT CONFERENCES. THE MAJOR SERVICE ACCOMPLISHMENTS OF THE YEAR WERE THE ONGOING SEMINAR SERIES OPEN TO THE PUBLIC, COVERING A WIDE RANGE OF TIMELY MEDICAL AND RESEARCH TOPICS, AND ONGOING ENROLLMENT OF STUDY PARTICIPANTS IN OUR STUDY OF BRAIN AGING. 9154359 1 1 0 0 0 0 0 0 0 1 1 0 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 46 0 1 62 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 CA X X JASON TANGGE TENG 6267954343 686 SOUTH FAIR OAKS AVENUE PASADENA CA 91105 JOHN BABCOCK BOARD CHAIR 2.00 X X 0 0 0 SUSAN E KANE IMMEDIATE PAST BOARD CHAIR 2.00 X X 0 0 0 SONIA SINGLA VICE CHAIR & INTERIM TREASURER - AS OF 6/24 2.00 X X 0 0 0 CAMERON BOSWELL BOARD MEMBER 2.00 X 0 0 0 C JOSEPH CHANG BOARD MEMBER - UNTIL 3/24 2.00 X 0 0 0 HILARY J FAUSETT BOARD MEMBER 2.00 X 0 0 0 JAMES J FEMINO BOARD MEMBER 2.00 X 0 0 0 LAWRENCE W JONES BOARD MEMBER 2.00 X 0 0 0 DANIEL R KIMBELL BOARD MEMBER - UNTIL 9/24 2.00 X 0 0 0 ELLEN LANSDEN BOARD MEMBER 2.00 X 0 0 0 ALEXANDRA LEVINE BOARD MEMBER 2.00 X 0 0 0 EDWARD A MENA BOARD MEMBER 2.00 X 0 0 0 JOHN L MOTHERSHEAD BOARD MEMBER 2.00 X 0 0 0 TERRY PERUCCA BOARD MEMBER 2.00 X 0 0 0 SANDRA SHARP BOARD MEMBER 2.00 X 0 0 0 UMA SHRIVASTAVA BOARD MEMBER 2.00 X 0 0 0 JOHN C SICILIANO BOARD MEMBER 2.00 X 0 0 0 RICK WENTZEL BOARD MEMBER 2.00 X 0 0 0 JULIA BRADSHER PRESIDENT AND CEO 40.00 X 484949 0 33927 GABRIEL RINCON CFO & TREASURER - UNTIL 8/24 40.00 X 273845 0 47455 WENDY WELCH-KELLER CHIEF OF STAFF, BOARD SECRETARY 40.00 X 135424 0 26078 ROBERT KLONER CSO, DIRECTOR CARDIOVASCULAR 40.00 X 436180 0 11730 MARK DIXON CHIEF OPERATION OFFICER 40.00 X 195885 0 24976 ANJU VASUDEVAN SCIENTIFIC DIRECTOR NEUROSCIENCE 40.00 X 206798 0 31814 HECTOR FRAUSTO - CHIEF INFORMATION OFFICER - UNTIL 8/24 40.00 X 194207 0 31122 NICOLE PURCELL - SCIENTIFIC DIRECTO OF EDU PROGRAMS & ASSOCIATE PROF 40.00 X 194917 0 23414 ASTRID SUCHY-DICEY - CLINICAL NEUROSCIENCE DIRECTOR 40.00 X 145229 0 9396 JOSE JUAN ROSAS DIRECTOR, VIVARIUM 40.00 X 120268 0 24592 2387702 0 264504 16 0 1 0 MOSS ADAMS LLP PO BOX 101822 PASADENA CA 911891822 AUDIT & TAX ACCOUNTING SERVICES 107651 1 2457723 2727911 5185634 MEDICAL RESEARCH 541700 151718 151718 151718 1444999 -60714 1505713 6463 6463 169445 0 169445 169445 169445 13332873 150000 10671595 16284 2661278 133716 2794994 2794994 9753253 151718 -60714 4476615 1552491 543491 982938 26062 4268014 2602710 1323631 341673 276861 171000 83707 22154 1149680 653455 418680 77545 383140 209922 148505 24713 416923 59587 357336 102401 102401 37936 37936 93236 400 92536 300 712100 363061 276289 72750 758670 638505 116021 4144 73557 68679 4099 779 38886 14491 22225 2170 1561287 1218218 332095 10974 335466 238181 93930 3355 RESEARCH AND OTHER SUPP 1998461 1998461 TAXES AND LICENSES 262467 186523 73325 2619 REPAIRS, MAINTENANCE, A 228632 187675 39544 1413 14250208 9154359 4505198 590651 3738954 10608446 2342324 1536970 703299 296133 174000 79452 45736233 16090997 30810177 29645236 24740161 19005451 3674832 2905598 165375 246908 66349122 64324194 802875 971978 0 17300 1317307 1085716 2120182 2074994 X 42700134 44855140 21528806 17394060 64228940 62249200 66349122 64324194 X -4496955 2224910 292305 X 0 1 X 1 1 1 X 5235769 13397713 5875034 7478970 5185634 37173120 5235769 13397713 5875034 7478970 5185634 37173120 7312542 29860578 1026043 1292729 1609902 1652407 1681621 7262702 132323 80569 0 212892 6236 31514 37750 44686464 2952981 0.66820 0.64100 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 32324500 123146 6288993 5703278 2056734 8089067 22887560 28660130 3457699 3398036 1171634 2019731 32324500 36414587 1165089 5335047 3584499 28660130 33630474 7069040 4284927 36414587 28632972 3838370 2686172 1527040 33630474 0.44110 0.30390 0.25500 0 0 2506062 2506062 31091667 7309733 23781934 2638096 1675551 962545 7729032 6692366 1036666 1217551 553825 413347 1358029 29645236 ACCRUED PENSION COST 1085716 1085716 X 12232532 2224910 292305 2517215 9715317 37936 37936 9753253 14212272 0 14212272 37936 37936 14250208 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 231,591. INVESTMENTS IN PARTNERSHIPS 60,714. X X X X 0 0 0 0 0 0 0 1 0 JULIA BRADSHER PRESIDENT AND CEO 469949 0 15000 0 0 0 24676 0 9251 0 518876 0 0 0 ROBERT KLONER CSO, DIRECTOR CARDIOVASCULAR 436180 0 0 0 0 0 11680 0 50 0 447910 0 0 0 GABRIEL RINCON CFO & TREASURER - UNTIL 8/24 273845 0 0 0 0 0 22400 0 25055 0 321300 0 0 0 ANJU VASUDEVAN SCIENTIFIC DIRECTOR NEUROSCIENCE 206798 0 0 0 0 0 16785 0 15029 0 238612 0 0 0 HECTOR FRAUSTO - CHIEF INFORMATION OFFICER - UNTIL 8/24 194207 0 0 0 0 0 8000 0 23122 0 225329 0 0 0 MARK DIXON CHIEF OPERATION OFFICER 195885 0 0 0 0 0 16000 0 8976 0 220861 0 0 0 NICOLE PURCELL - SCIENTIFIC DIRECTO OF EDU PROGRAMS & ASSOCIATE PROF 194917 0 0 0 0 0 15656 0 7758 0 218331 0 0 0 WENDY WELCH-KELLER CHIEF OF STAFF, BOARD SECRETARY 135424 0 0 0 0 0 11096 0 14982 0 161502 0 0 0 ASTRID SUCHY-DICEY - CLINICAL NEUROSCIENCE DIRECTOR 95229 0 50000 0 0 0 7165 0 2231 0 154625 0 0 0 PART I, LINE 7 JULIA BRADSHER, CEO, RECEIVED A DISCRETIONARY BONUS. 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 CONTROLLER. 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 15 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 XI, LINE 9: CHANGE IN ACCRUED PENSION COST 231,591. INVESTMENTS IN PARTNERSHIPS 60,714. 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