LUNDQUIST INSTITUTE FOR BIOMEDICAL INNOVATION AT HARBOR-UCLA MEDICAL: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
LUNDQUIST INSTITUTE FOR BIOMEDICAL INNOVATION AT HARBOR-UCLA MEDICAL (EIN 95-2138184)
Tax period
2016-07-01 to 2017-06-30
Filed
2018-05-09
IRS object ID
201801299349300245
Schema version
2016v3.0
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)
Return2018-05-09T17:27:40-05:00ReturnTs
Tax Period End2017-06-30TaxPeriodEndDt

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 Begin2016-07-01TaxPeriodBeginDt

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
Phone3102223629PhoneNum

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 TitleCONTROLLER/ACTING CFOPersonTitleTxt
Phone3102223629PhoneNum
Signature2018-05-02SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBRIAN YACKERPreparerPersonNm
PTINP00401346PTIN
Phone3109822803PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address38.98.172.90IPv4AddressTxt
FieldValueIRS element (for citing)
IP2018-05-02IPDt
IP Tm12:52:13IPTm
IP TimezonePDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdC61CEAB06A4B4AB7BCDD2B3DC186AC7DD0FE9D35AtSubmissionCreationDeviceId
At Submission Filing Device IdC61CEAB06A4B4AB7BCDD2B3DC186AC7DD0FE9D35AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

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$141,671,984GrossReceiptsAmt
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 Body29VotingMembersGoverningBodyCnt
Voting Members Independent20VotingMembersIndependentCnt
Total Employee906TotalEmployeeCnt
Total Volunteers425TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$56,552,448PYContributionsGrantsAmt
CY Contributions Grants$59,240,144CYContributionsGrantsAmt
PY Program Service Revenue$1,914,965PYProgramServiceRevenueAmt
CY Program Service Revenue$1,777,900CYProgramServiceRevenueAmt
PY Investment Income$1,874,350PYInvestmentIncomeAmt
CY Investment Income$1,414,299CYInvestmentIncomeAmt
PY Other Revenue$12,288,471PYOtherRevenueAmt
CY Other Revenue$36,236,843CYOtherRevenueAmt
PY Total Revenue$72,630,234PYTotalRevenueAmt
CY Total Revenue$98,669,186CYTotalRevenueAmt
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$49,323,945PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$50,827,958CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$598,450CYTotalFundraisingExpenseAmt
PY Other Expenses$26,115,773PYOtherExpensesAmt
CY Other Expenses$31,374,863CYOtherExpensesAmt
PY Total Expenses$75,439,718PYTotalExpensesAmt
CY Total Expenses$82,202,821CYTotalExpensesAmt
PY Revenues Less Expenses-$2,809,484PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$16,466,365CYRevenuesLessExpensesAmt
Total Assets BOY$82,011,983TotalAssetsBOYAmt
Total Assets EOY$96,354,271TotalAssetsEOYAmt
Total Liabilities BOY$39,183,407TotalLiabilitiesBOYAmt
Total Liabilities EOY$35,648,554TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$42,828,576NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$60,705,717NetAssetsOrFundBalancesEOYAmt
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$29,842,213ExpenseAmt
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$15,247,172ExpenseAmt
Revenue$798,415RevenueAmt
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$7,804,306ExpenseAmt
DescSCIENCE & TECHNOLOGY: TRAINING OF MEDICAL STUDENTS, INTERNS, RESIDENTS, AND POST GRADUATES.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$7,099,430ExpenseAmt
Revenue$979,485RevenueAmt
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$7,099,430TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$979,485TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$59,993,121TotalProgramServiceExpensesAmt
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 Document307IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee906EmployeeCnt
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 Members29GoverningBodyVotingMembersCnt
Independent Voting Member20IndependentVotingMemberCnt
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)
Phone3102223629PhoneNum

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 (35 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
JOAN HOOD JONES
CHAIR2.00Yes (X)Yes (X)$0$0$0
MARIANNE GAUSCHE-HILL MD
VICE-CHAIR/INVESTIGATOR10.00Yes (X)Yes (X)$0$0$0
THOMAS P PLOTTS
TREASURER5.00Yes (X)Yes (X)$81,280$0$0
MATTHEW BUDOFF MD
SECRETARY/INVESTIGATOR40.00Yes (X)Yes (X)$252,501$0$64,105
ASHRAF IBRAHIM PHD
BOARD MEMBER/INVESTIGATOR40.00Yes (X)$225,460$0$56,193
JEROME I ROTTER MD
BOARD MEMBER/INVESTIGATOR40.00Yes (X)$360,000$0$58,655
LOUIS KWONG MD
BOARD MEMBER/INVESTIGATOR10.00Yes (X)$0$0$0
LYNNE SMITH MD
BOARD MEMBER/INVESTIGATOR10.00Yes (X)$41,528$0$0
PATRICIA I DICKSON MD
BOARD MEMBER/INVESTIGATOR40.00Yes (X)$166,615$0$29,201
ERIC S DAAR MD
BOARD MEMBER/INVESTIGATOR15.00Yes (X)$123,125$0$0
ERIN SALESBY MD PHD
BOARD MEMBER/INVESTIGATOR2.00Yes (X)$0$0$0
H FREDERICK CHRISTIE
BOARD MEMBER2.00Yes (X)$0$0$0
DOROTHY AVILA COURTNEY
BOARD MEMBER2.00Yes (X)$0$0$0
DAVID DUTHU
BOARD MEMBER2.00Yes (X)$0$0$0
CRAIG GORDON MD
BOARD MEMBER2.00Yes (X)$0$0$0
DAVID HEBER
BOARD MEMBER2.00Yes (X)$0$0$0
MELANIE LUNDQUIST
BOARD MEMBER2.00Yes (X)$0$0$0
STEVEN A NISSEN ESQ
BOARD MEMBER2.00Yes (X)$0$0$0
ALEX POPA
BOARD MEMBER2.00Yes (X)$0$0$0
BARRY RESNICK
BOARD MEMBER2.00Yes (X)$0$0$0
DAN ROSENFELD
BOARD MEMBER2.00Yes (X)$0$0$0
MITCHEL SAYARE PHD
BOARD MEMBER2.00Yes (X)$0$0$0
SUSSAN SHARIFIAN
BOARD MEMBER2.00Yes (X)$0$0$0
H MICHAEL SMITH AIA LEED AP
BOARD MEMBER2.00Yes (X)$0$0$0
SAMUEL R TARICA DDS
BOARD MEMBER2.00Yes (X)$0$0$0
PATRICIA TURNEY
BOARD MEMBER2.00Yes (X)$0$0$0
ANISH MAHAJAN MD
BOARD MEMBER2.00Yes (X)$0$0$0
KIMBERLY MCKENZIE RN MSNCPHQ
BOARD MEMBER2.00Yes (X)$0$0$0
DAVID I MEYER PHD
DIRECTOR, PRESIDENT/CEO40.00Yes (X)Yes (X)$390,600$0$42,882
PAUL KUC
VP-FINANCE & CFO40.00Yes (X)$76,923$0$23,139
KEITH B HOFFMAN
VP BUSINESS DEVELOPMENT40.00$154,583$0$30,368Yes (X)
RONALD SWERDLOFF
INVESTIGATOR40.00$283,941$0$0Yes (X)
ALBERT PARLOW
INVESTIGATOR40.00$234,845$0$46,849Yes (X)
LOVE COLLINS III
VP DEVELOPMENT40.00$222,641$0$0Yes (X)
ALEXANDER MCQUILKIN
VP FACILITIES40.00$199,800$0$14,476Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$2,813,842TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$365,868TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K76IndivRcvdGreaterThan100KCnt
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
DPR CONSTRUCTION A GENERAL PARTNERSHIP
4665 MACARTHUR COURT STE 100NEWPORT BEACHCA92660ARCHITECTURAL/CONSTRUCTION$8,305,457
ZIMMER GUNSUL FRASCA ARCHITECTS LLP
1223 SW WASHINGTON ST STE 200PORTLANDOR97205ARCHITECTURAL/CONSTRUCTION$1,042,812
LEK CONSULTING LLC
75 STATE STREET 19TH FLOORBOSTONMA02109CONSULTING$443,803
CONTINENTAL 1123 CARSON LLC
2041 ROSECRANS AVE STE 200EL SEGUNDOCA90245PROPERTY MANAGEMENT$306,749
COMMUNITY COUNSELLING SERVICE CO LLC
100 MONTGOMERY ST STE 2270SAN FRANCISCOCA94104PROFESSIONAL SERVICES$247,500
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K18CntrctRcvdGreaterThan100KCnt
Membership Dues$38,900MembershipDuesAmt
Fundraising$427,519FundraisingAmt
Government Grants$55,788,602GovernmentGrantsAmt
All Other Contributions$2,985,123AllOtherContributionsAmt
Noncash Contributions$26,635NoncashContributionsAmt
Total Contributions$59,240,144TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
BIOMEDICAL SERVICES900099$979,485$979,485
CLINICAL BILLINGS900099$798,415$798,415
FieldValueIRS element (for citing)
Total Program Service Revenue$1,777,900TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$404,643TotalRevenueColumnAmt
Exclusion$404,643ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$36,187,867TotalRevenueColumnAmt
Exclusion$36,187,867ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$5,000RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$5,000RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,000TotalRevenueColumnAmt
Exclusion$5,000ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$43,714,335SecuritiesAmt
Other$103,900OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$42,802,823SecuritiesAmt
Other$5,756OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$911,512SecuritiesAmt
Other$98,144OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,009,656TotalRevenueColumnAmt
Exclusion$1,009,656ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$82,600FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$427,519ContriRptFundraisingEventAmt
Fundraising Direct Expenses$194,219FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$111,619TotalRevenueColumnAmt
Exclusion-$111,619ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescINSURANCE RECOVERYDesc
Business900099BusinessCd
Total Revenue Column$155,595TotalRevenueColumnAmt
Exclusion$155,595ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$155,595OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$98,669,186TotalRevenueColumnAmt
Related Or Exempt Func Income$1,777,900RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$37,651,142ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,343,574TotalAmt
Program Services$1,822,367ProgramServicesAmt
Management And General$521,207ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$37,693,745TotalAmt
Program Services$29,229,567ProgramServicesAmt
Management And General$8,119,343ManagementAndGeneralAmt
Fundraising$344,835FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$3,112,326TotalAmt
Program Services$2,422,971ProgramServicesAmt
Management And General$660,694ManagementAndGeneralAmt
Fundraising$28,661FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$4,931,466TotalAmt
Program Services$3,851,508ProgramServicesAmt
Management And General$1,036,842ManagementAndGeneralAmt
Fundraising$43,116FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$2,746,847TotalAmt
Program Services$2,143,568ProgramServicesAmt
Management And General$579,662ManagementAndGeneralAmt
Fundraising$23,617FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$472,757TotalAmt
Program Services$27,299ProgramServicesAmt
Management And General$445,458ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$151,740TotalAmt
Management And General$151,740ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$153,773TotalAmt
Management And General$153,773ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$451,147TotalAmt
Program Services$397,129ProgramServicesAmt
Management And General$52,640ManagementAndGeneralAmt
Fundraising$1,378FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$2,841,523TotalAmt
Program Services$2,841,523ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$5,790,394TotalAmt
Program Services$3,146,646ProgramServicesAmt
Management And General$2,634,952ManagementAndGeneralAmt
Fundraising$8,796FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,641,013TotalAmt
Program Services$1,357,717ProgramServicesAmt
Management And General$274,720ManagementAndGeneralAmt
Fundraising$8,576FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$867,214TotalAmt
Program Services$321,102ProgramServicesAmt
Management And General$546,112ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$3,935,947TotalAmt
Management And General$3,935,947ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,713,285TotalAmt
Program Services$1,026,830ProgramServicesAmt
Management And General$678,368ManagementAndGeneralAmt
Fundraising$8,087FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
SUPPLIES AND SERVICES$10,161,379$8,271,788$1,758,207$131,384
SUBCONTRACTS$2,512,685$2,466,745$45,940
RESEARCH SUBJECTS$393,945$393,945
FELLOWSHIPS$177,825$177,825

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$110,236TotalAmt
Program Services$94,591ProgramServicesAmt
Management And General$15,645ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$82,202,821TotalAmt
Program Services$59,993,121ProgramServicesAmt
Management And General$21,611,250ManagementAndGeneralAmt
Fundraising$598,450FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,115,535BOYAmt
EOY$22,808,084EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$507,597BOYAmt
EOY$1,449,117EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$13,389,922BOYAmt
EOY$11,321,067EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,045,694BOYAmt
EOY$419,262EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$93,093,525LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$57,748,272LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$31,878,062BOYAmt
EOY$35,345,253EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$25,883,278BOYAmt
EOY$16,702,665EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$8,191,895BOYAmt
EOY$8,308,823EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$82,011,983BOYAmt
EOY$96,354,271EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$15,696,163BOYAmt
EOY$14,938,304EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$10,692,306BOYAmt
EOY$13,824,207EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$11,537,976BOYAmt
EOY$5,987,822EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,256,962BOYAmt
EOY$898,221EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$39,183,407BOYAmt
EOY$35,648,554EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$35,316,731BOYAmt
EOY$53,291,982EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,871,492BOYAmt
EOY$4,743,858EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,640,353BOYAmt
EOY$2,669,877EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$42,828,576BOYAmt
EOY$60,705,717EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$82,011,983BOYAmt
EOY$96,354,271EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$16,466,365ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$449,933NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$960,843OtherChangesInNetAssetsAmt
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$64,268,652CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$61,398,523CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$59,043,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$56,552,448CurrentTaxYearMinus1YearAmt
Current Tax Year$59,240,144CurrentTaxYearAmt
Total$300,502,767TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$64,268,652CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$61,398,523CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$59,043,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$56,552,448CurrentTaxYearMinus1YearAmt
Current Tax Year$59,240,144CurrentTaxYearAmt
Total$300,502,767TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$300,502,767PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$9,216,898CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$8,139,140CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$13,056,768CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$12,918,301CurrentTaxYearMinus1YearAmt
Current Tax Year$36,597,510CurrentTaxYearAmt
Total$79,928,617TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year$155,595CurrentTaxYearAmt
Total$155,595TotalAmt
FieldValueIRS element (for citing)
Total Support$380,586,979TotalSupportAmt
Gross Receipts Rltd Activities$7,125,468GrossReceiptsRltdActivitiesAmt
Public Support CY1700.78960PublicSupportCY170Pct
Public Support PY1700.85970PublicSupportPY170Pct
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

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$64,527,518FilingOrganizationsTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$64,527,518FilingOrganizationsTotalAmt

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$7,280CurrentYearMinus3Amt
Current Year Minus2$3,920CurrentYearMinus2Amt
Total$11,200TotalAmt

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 Minus3$7,280CurrentYearMinus3Amt
Current Year Minus2$3,920CurrentYearMinus2Amt
Total$11,200TotalAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,690,037BeginningYearBalanceAmt
Contributions$29,524ContributionsAmt
Investment Earnings Or Losses$433,000InvestmentEarningsOrLossesAmt
End Year Balance$3,152,561EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,665,249BeginningYearBalanceAmt
Contributions$49,788ContributionsAmt
Investment Earnings Or Losses-$25,000InvestmentEarningsOrLossesAmt
End Year Balance$2,690,037EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

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 Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

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 Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

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
FieldValueIRS element (for citing)
Board Designated Balance EOY0.23000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.77000PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$419,916OtherCostOrOtherBasisAmt
Book Value$419,916BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$28,505,727OtherCostOrOtherBasisAmt
Depreciation$12,883,657DepreciationAmt
Book Value$15,622,070BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$16,588,961OtherCostOrOtherBasisAmt
Depreciation$11,308,977DepreciationAmt
Book Value$5,279,984BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$38,480,607OtherCostOrOtherBasisAmt
Depreciation$33,555,638DepreciationAmt
Book Value$4,924,969BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$9,098,314OtherCostOrOtherBasisAmt
Book Value$9,098,314BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$35,345,253TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
OTHER ASSETS$34,000
ROYALTIES RECEIVABLE$8,274,823
FieldValueIRS element (for citing)
Total Book Value Other Assets$8,308,823TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescACCRUED BENEFITS & CGADesc
Amt$898,221Amt
FieldValueIRS element (for citing)
Total Liability$898,221TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$100,162,873TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$449,933NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$42,465DonatedServicesAndUseFcltsAmt
Other Revenue$807,070OtherRevenueAmt
Revenue Not Reported$1,299,468RevenueNotReportedAmt
Revenue Subtotal$98,863,405RevenueSubtotalAmt
Other Revenues Not Included-$194,219OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$194,219RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$98,669,186TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$82,285,732TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$42,465DonatedServicesUseFcltsAmt
Other Expenses Included$194,219OtherExpensesIncludedAmt
Expenses Not Reported$236,684ExpensesNotReportedAmt
Expenses Subtotal$82,049,048ExpensesSubtotalAmt
Other Expenses Not Included$153,773OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$153,773ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$82,202,821TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (6 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 756,740. INTEREST RATE SWAP 204,103. INVESTMENT EXPENSE -153,773.
PART XI, LINE 4B - OTHER ADJUSTMENTS:FUNDRAISING EXPENSE -194,219.
PART XII, LINE 2D - OTHER ADJUSTMENTS:FUNDRAISING EXPENSE 194,219.
PART XII, LINE 4B - OTHER ADJUSTMENTS:INVESTMENT EXPENSE 153,773.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GALAEvent1Nm
Gross Receipts Event1$510,119GrossReceiptsEvent1Amt
Charitable Contri Event1$427,519CharitableContriEvent1Amt
Gross Revenue Event1$82,600GrossRevenueEvent1Amt
Non Cash Prizes Event1$26,635NonCashPrizesEvent1Amt
Food And Beverage Event1$138,704FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$28,880OtherDirectExpensesEvent1Amt
Gross Receipts Total$510,119GrossReceiptsTotalAmt
Charitable Contributions Tot$427,519CharitableContributionsTotAmt
Gross Revenue Total Events$82,600GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$26,635NonCashPrizesTotalEventsAmt
Food And Beverage Total Events$138,704FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$28,880OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$194,219DirectExpenseSummaryEventsAmt
Net Income Summary-$111,619NetIncomeSummaryAmt

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 (10 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 MD
SECRETARY/INVESTIGATOR$252,501$0$0$0$0$0$43,969$0$20,136$0$316,606$0$0$0
ASHRAF IBRAHIM PHD
BOARD MEMBER/INVESTIGATOR$225,460$0$0$0$0$0$37,974$0$18,219$0$281,653$0$0$0
JEROME I ROTTER MD
BOARD MEMBER/INVESTIGATOR$360,000$0$0$0$0$0$47,150$0$11,505$0$418,655$0$0$0
PATRICIA I DICKSON MD
BOARD MEMBER/INVESTIGATOR$166,615$0$0$0$0$0$29,156$0$45$0$195,816$0$0$0
DAVID I MEYER PHD
DIRECTOR, PRESIDENT/CEO$359,600$0$25,000$0$6,000$0$42,306$0$576$0$433,482$0$0$0
KEITH B HOFFMAN
VP BUSINESS DEVELOPMENT$154,583$0$0$0$0$0$15,789$0$14,579$0$184,951$0$0$0
RONALD SWERDLOFF
INVESTIGATOR$283,941$0$0$0$0$0$0$0$0$0$283,941$0$0$0
ALBERT PARLOW
INVESTIGATOR$234,845$0$0$0$0$0$41,098$0$5,751$0$281,694$0$0$0
LOVE COLLINS III
VP DEVELOPMENT$222,641$0$0$0$0$0$0$0$0$0$222,641$0$0$0
ALEXANDER MCQUILKIN
VP FACILITIES$185,000$0$14,800$0$0$0$0$0$14,476$0$214,276$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 DescriptionBOARD MEMBER, MELANIE LUNDQUIST IS THE OWNER OF CONTINENTAL 1123 CARSON LLCRelationshipDescriptionTxt
Transaction$306,082TransactionAmt
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. TOTAL AMOUNT PAID DURING FYE 06/30/17 WAS $306,082 WITH TAXES INCLUDED.TransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Schedule M IRS990ScheduleM

Food Inventory FoodInventoryGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution14ContributionCnt
Noncash Contributions Rpt F990$12,485NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)MEMORABILIA14$10,525FMV
Yes (X)ACCESSORIES8$2,500FMV
Yes (X)EVENT TICKETS3$1,125FMV
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationNUMBER OF CONTRIBUTIONSExplanationTxt

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 11BTHE 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 756,740. INTEREST RATE SWAP 204,103.
FORM 990, PART XII, LINE 2C:THE AUDIT COMMITTEE REVIEWS AND APPROVES OF THE AUDITED FINANCIAL STATEMENTS AND FILING OF THE 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 12C, 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

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