LUNDQUIST INSTITUTE FOR BIOMEDICAL INNOVATION AT HARBOR-UCLA MEDICAL: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
LUNDQUIST INSTITUTE FOR BIOMEDICAL INNOVATION AT HARBOR-UCLA MEDICAL (EIN 95-2138184)
Tax period
2015-07-01 to 2016-06-30
Filed
2017-05-11
IRS object ID
201701319349300700
Schema version
2015v3.0
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)
Return2017-05-11T00:29:23-05:00ReturnTs
Tax Period End2016-06-30TaxPeriodEndDt

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 Begin2015-07-01TaxPeriodBeginDt

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
Phone3102223605PhoneNum

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)
PersonPAUL KUCPersonNm
Person TitleVP FINANCE/CFOPersonTitleTxt
Phone3102223605PhoneNum
Signature2017-05-10SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBRIAN YACKERPreparerPersonNm
PTINP00401346PTIN
Phone3109822803PhoneNum
FieldValueIRS element (for citing)
Tax2015TaxYr
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$111,047,052GrossReceiptsAmt
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 Independent21VotingMembersIndependentCnt
Total Employee915TotalEmployeeCnt
Total Volunteers660TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$59,043,000PYContributionsGrantsAmt
CY Contributions Grants$56,552,448CYContributionsGrantsAmt
PY Program Service Revenue$1,266,120PYProgramServiceRevenueAmt
CY Program Service Revenue$1,914,965CYProgramServiceRevenueAmt
PY Investment Income$2,497,897PYInvestmentIncomeAmt
CY Investment Income$1,874,350CYInvestmentIncomeAmt
PY Other Revenue$12,616,644PYOtherRevenueAmt
CY Other Revenue$12,288,471CYOtherRevenueAmt
PY Total Revenue$75,423,661PYTotalRevenueAmt
CY Total Revenue$72,630,234CYTotalRevenueAmt
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$48,151,998PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$49,323,945CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$1,136,881CYTotalFundraisingExpenseAmt
PY Other Expenses$29,357,800PYOtherExpensesAmt
CY Other Expenses$26,115,773CYOtherExpensesAmt
PY Total Expenses$77,509,798PYTotalExpensesAmt
CY Total Expenses$75,439,718CYTotalExpensesAmt
PY Revenues Less Expenses-$2,086,137PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$2,809,484CYRevenuesLessExpensesAmt
Total Assets BOY$83,147,065TotalAssetsBOYAmt
Total Assets EOY$82,011,983TotalAssetsEOYAmt
Total Liabilities BOY$36,782,676TotalLiabilitiesBOYAmt
Total Liabilities EOY$39,183,407TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$46,364,389NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$42,828,576NetAssetsOrFundBalancesEOYAmt
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$26,905,138ExpenseAmt
DescMEDICAL 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$15,225,333ExpenseAmt
Revenue$643,939RevenueAmt
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$7,092,313ExpenseAmt
DescSCIENCE & TECHNOLOGY: BIOMEDICAL RESEARCH TRAINING OF INTERNS, RESIDENTS, FELLOWS, AND POST GRADUATES.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$4,477,253ExpenseAmt
Revenue$1,271,026RevenueAmt
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$4,477,253TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$1,271,026TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$53,700,037TotalProgramServiceExpensesAmt
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 Document313IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee915EmployeeCnt
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 Member21IndependentVotingMemberCnt
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)
Phone3102223605PhoneNum

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 (38 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 / INVESTIGATOR20.00Yes (X)Yes (X)$0$0$0
RICHARD K LEARNED
TREASURER2.00Yes (X)Yes (X)$0$0$0
MATTHEW BUDOFF MD
SECRETARY / INVESTIGATOR40.00Yes (X)Yes (X)$244,996$0$42,345
JEROME ROTTER MD
DIRECTOR / INVESTIGATOR40.00Yes (X)$360,000$0$38,011
RUEY-KANG CHANG MD
DIRECTOR / INVESTIGATOR10.00Yes (X)$0$0$0
LOUIS KWONG MD
DIRECTOR / INVESTIGATOR10.00Yes (X)$0$0$0
LYNNE SMITH MD
DIRECTOR / INVESTIGATOR2.00Yes (X)$30,442$0$5,327
PATRICIA I DICKSON MD
DIRECTOR / INVESTIGATOR10.00Yes (X)$166,615$0$24,429
ERIC S DAAR MD
DIRECTOR / INVESTIGATOR10.00Yes (X)$116,701$0$20,423
ERIN SALESBY MD PHD
DIRECTOR / INVESTIGATOR2.00Yes (X)$0$0$0
GRISELDA GUTIERREZ MD
DIRECTOR / INVESTIGATOR2.00Yes (X)$0$0$0
ADAM J JONAS MD
DIRECTOR / INVESTIGATOR7.00Yes (X)$55,873$0$9,778
H FREDERICK CHRISTIE
DIRECTOR2.00Yes (X)$0$0$0
DOROTHY AVILA COURTNEY
DIRECTOR2.00Yes (X)$0$0$0
DAVID DUTHU
DIRECTOR2.00Yes (X)$0$0$0
DAVID HEBER
DIRECTOR2.00Yes (X)$0$0$0
SARA M JENSEN AIA LEED AP
DIRECTOR2.00Yes (X)$0$0$0
MELANIE LUNDQUIST
DIRECTOR2.00Yes (X)$0$0$0
STEVEN A NISSEN ESQ
DIRECTOR2.00Yes (X)$0$0$0
ALEX POPA
DIRECTOR2.00Yes (X)$0$0$0
BARRY RESNICK
DIRECTOR2.00Yes (X)$0$0$0
DAN ROSENFELD
DIRECTOR2.00Yes (X)$0$0$0
MITCHEL SAYARE PHD
DIRECTOR2.00Yes (X)$0$0$0
SUSSAN SHARIFIAN
DIRECTOR2.00Yes (X)$0$0$0
H MICHAEL SMITH AIA LEED AP
DIRECTOR2.00Yes (X)$0$0$0
SAMUEL R TARICA DDS
DIRECTOR2.00Yes (X)$0$0$0
KIMBERLY MCKENZIE RN MSNCPHQ
CEO, HUMC (INTERIM)2.00Yes (X)$0$0$0
TIMOTHY VAN NATTA MD
CMO, HUMC (INTERIM)2.00Yes (X)$0$0$0
DAVID I MEYER PHD
PRESIDENT & CEO40.00Yes (X)Yes (X)$406,324$0$45,259
THOMAS P PLOTTS MBA
VP-FINANCE & CFO40.00Yes (X)$281,835$0$28,296
RONALD SWERDLOFF
INVESTIGATOR40.00$256,011$0$77,857Yes (X)
SUSAN RUBIN
ADMINISTRATOR40.00$269,893$0$743Yes (X)
ALBERT PARLOW PHD
INVESTIGATOR40.00$234,845$0$30,084Yes (X)
CHRISTINA WANG MD
INVESTIGATOR20.00$210,312$0$36,680Yes (X)
LISA HANCOCK
ADMINISTRATOR40.00$198,869$0$9,885Yes (X)
KEVIN DAWSON MD
ADMINISTRATOR40.00$190,400$0$9,882Yes (X)
EVANGELINE OHNING
ADMINISTRATOR40.00$138,038$0$491Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,161,154TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$379,490TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K63IndivRcvdGreaterThan100KCnt
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
ZIMMER GUNSUL FRASCA ARCHITECTS LLP
1223 SW WASHINGTON ST STE 200PORTLANDOR97205ARCHITECTURAL/CONSTRUCTION$1,247,387
DPR CONSTRUCTION A GENERAL PARTNERSHIP
4665 MACARTHUR COURT STE 100NEWPORT BEACHCA92660ARCHITECTURAL/CONSTRUCTION$772,715
CONTINENTAL 1123 CARSON LLC
2041 ROSECRANS AVE STE 200EL SEGUNDOCA90245PROPERTY MANAGEMENT$304,451
FENWICK & WEST LLP
POBOX 742814LOS ANGELESCA90074PROFESSIONAL SERVICES$150,030
PILLSBURY WINTHROP SHAW PITTMAN LLP
PO BOX 742262LOS ANGELESCA90074PROFESSIONAL SERVICES$139,440
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K13CntrctRcvdGreaterThan100KCnt
Membership Dues$15,400MembershipDuesAmt
Fundraising$642,026FundraisingAmt
Government Grants$52,338,267GovernmentGrantsAmt
All Other Contributions$3,556,755AllOtherContributionsAmt
Noncash Contributions$41,270NoncashContributionsAmt
Total Contributions$56,552,448TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescCLINICAL BILLINGSDesc
Business900099BusinessCd
Total Revenue Column$1,914,965TotalRevenueColumnAmt
Related Or Exempt Func Income$1,914,965RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$1,914,965TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$629,830TotalRevenueColumnAmt
Exclusion$629,830ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$12,252,325TotalRevenueColumnAmt
Exclusion$12,252,325ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$36,146RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$36,146RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$36,146TotalRevenueColumnAmt
Exclusion$36,146ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$37,312,949SecuritiesAmt
Other$2,081,000OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$37,804,974SecuritiesAmt
Other$344,455OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$492,025SecuritiesAmt
Other$1,736,545OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,244,520TotalRevenueColumnAmt
Exclusion$1,244,520ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$267,389FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$642,026ContriRptFundraisingEventAmt
Fundraising Direct Expenses$267,389FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$72,630,234TotalRevenueColumnAmt
Related Or Exempt Func Income$1,914,965RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$14,162,821ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,534,854TotalAmt
Program Services$1,690,754ProgramServicesAmt
Management And General$844,100ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$35,876,378TotalAmt
Program Services$28,014,870ProgramServicesAmt
Management And General$7,445,986ManagementAndGeneralAmt
Fundraising$415,522FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$2,950,091TotalAmt
Program Services$2,274,617ProgramServicesAmt
Management And General$638,754ManagementAndGeneralAmt
Fundraising$36,720FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$4,470,021TotalAmt
Program Services$3,412,653ProgramServicesAmt
Management And General$1,006,571ManagementAndGeneralAmt
Fundraising$50,797FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$3,492,601TotalAmt
Program Services$2,663,198ProgramServicesAmt
Management And General$789,950ManagementAndGeneralAmt
Fundraising$39,453FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$543,548TotalAmt
Program Services$19,129ProgramServicesAmt
Management And General$424,419ManagementAndGeneralAmt
Fundraising$100,000FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$143,115TotalAmt
Management And General$143,115ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$94,630TotalAmt
Management And General$94,630ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$500,152TotalAmt
Program Services$397,972ProgramServicesAmt
Management And General$102,180ManagementAndGeneralAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$2,679,752TotalAmt
Program Services$2,679,752ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$5,909,721TotalAmt
Program Services$2,943,837ProgramServicesAmt
Management And General$2,960,149ManagementAndGeneralAmt
Fundraising$5,735FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,539,247TotalAmt
Program Services$1,310,332ProgramServicesAmt
Management And General$226,258ManagementAndGeneralAmt
Fundraising$2,657FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$924,601TotalAmt
Program Services$315,651ProgramServicesAmt
Management And General$608,950ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$3,147,926TotalAmt
Management And General$3,147,926ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$650,015TotalAmt
Program Services$203,118ProgramServicesAmt
Management And General$446,897ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
SUPPLIES AND SERVICES$7,933,883$5,753,757$1,694,129$485,997
SUBCONTRACTS$1,431,462$1,418,262$13,200
RESEARCH SUBJECTS$400,576$400,576
TESTING$88,847$88,780$67

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$128,298TotalAmt
Program Services$112,779ProgramServicesAmt
Management And General$15,519ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$75,439,718TotalAmt
Program Services$53,700,037ProgramServicesAmt
Management And General$20,602,800ManagementAndGeneralAmt
Fundraising$1,136,881FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,165,276BOYAmt
EOY$1,115,535EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,677,612BOYAmt
EOY$507,597EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$11,700,032BOYAmt
EOY$13,389,922EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$952,573BOYAmt
EOY$1,045,694EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$90,564,176LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$58,686,114LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$27,012,660BOYAmt
EOY$31,878,062EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$34,425,029BOYAmt
EOY$25,883,278EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$4,213,883BOYAmt
EOY$8,191,895EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$83,147,065BOYAmt
EOY$82,011,983EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$15,459,679BOYAmt
EOY$15,696,163EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$9,587,629BOYAmt
EOY$10,692,306EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$10,184,936BOYAmt
EOY$11,537,976EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,550,432BOYAmt
EOY$1,256,962EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$36,782,676BOYAmt
EOY$39,183,407EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$38,870,598BOYAmt
EOY$35,316,731EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,903,226BOYAmt
EOY$4,871,492EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,590,565BOYAmt
EOY$2,640,353EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$46,364,389BOYAmt
EOY$42,828,576EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$83,147,065BOYAmt
EOY$82,011,983EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$2,809,484ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$738,100NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$11,771OtherChangesInNetAssetsAmt
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$69,006,496CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$64,268,652CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$61,398,523CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$59,043,000CurrentTaxYearMinus1YearAmt
Current Tax Year$56,552,448CurrentTaxYearAmt
Total$310,269,119TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$69,006,496CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$64,268,652CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$61,398,523CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$59,043,000CurrentTaxYearMinus1YearAmt
Current Tax Year$56,552,448CurrentTaxYearAmt
Total$310,269,119TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$310,269,119PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$7,290,873CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$9,216,898CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$8,139,140CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$13,056,768CurrentTaxYearMinus1YearAmt
Current Tax Year$12,918,301CurrentTaxYearAmt
Total$50,621,980TotalAmt
FieldValueIRS element (for citing)
Total Support$360,891,099TotalSupportAmt
Gross Receipts Rltd Activities$6,274,976GrossReceiptsRltdActivitiesAmt
Public Support CY1700.85970PublicSupportCY170Pct
Public Support PY1700.87590PublicSupportPY170Pct
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

Total Lobbying Expend TotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$57,984,844FilingOrganizationsTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$57,984,844FilingOrganizationsTotalAmt

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$10,360CurrentYearMinus3Amt
Current Year Minus2$7,280CurrentYearMinus2Amt
Current Year Minus1$3,920CurrentYearMinus1Amt
Current Year$0CurrentYearAmt
Total$21,560TotalAmt

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 Minus2$7,280CurrentYearMinus2Amt
Current Year Minus1$3,920CurrentYearMinus1Amt
Current Year$0CurrentYearAmt
Total$11,200TotalAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

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 Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

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 Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

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 Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

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

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,876,041BeginningYearBalanceAmt
Contributions$510,000ContributionsAmt
Investment Earnings Or Losses-$6,729InvestmentEarningsOrLossesAmt
End Year Balance$2,379,312EndYearBalanceAmt
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$28,505,726OtherCostOrOtherBasisAmt
Depreciation$11,833,598DepreciationAmt
Book Value$16,672,128BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$12,587,337OtherCostOrOtherBasisAmt
Depreciation$10,656,970DepreciationAmt
Book Value$1,930,367BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$41,922,388OtherCostOrOtherBasisAmt
Depreciation$36,195,546DepreciationAmt
Book Value$5,726,842BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$7,128,809OtherCostOrOtherBasisAmt
Book Value$7,128,809BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$31,878,062TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
OTHER ASSETS$88,059
ROYALTIES RECEIVABLE$8,103,836
FieldValueIRS element (for citing)
Total Book Value Other Assets$8,191,895TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
SWAP DERIVATIVE HEDGING ACTIVITIES$300,603
ACCRUED BENEFITS & CGA$956,359
FieldValueIRS element (for citing)
Total Liability$1,256,962TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$71,809,275TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$738,100NetUnrealizedGainsInvstAmt
Other Revenue-$82,859OtherRevenueAmt
Revenue Not Reported-$820,959RevenueNotReportedAmt
Revenue Subtotal$72,630,234RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$72,630,234TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$75,345,088TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$75,345,088ExpensesSubtotalAmt
Other Expenses Not Included$94,630OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$94,630ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$75,439,718TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 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 -220,112. INTEREST RATE SWAP 231,883. INVESTMENT EXPENSE -94,630.
PART XII, LINE 4B - OTHER ADJUSTMENTS:INVESTMENT EXPENSE 94,630.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GALAEvent1Nm
Gross Receipts Event1$909,415GrossReceiptsEvent1Amt
Charitable Contri Event1$642,026CharitableContriEvent1Amt
Gross Revenue Event1$267,389GrossRevenueEvent1Amt
Non Cash Prizes Event1$73,200NonCashPrizesEvent1Amt
Food And Beverage Event1$127,381FoodAndBeverageEvent1Amt
Entertainment Event1$66,808EntertainmentEvent1Amt
Gross Receipts Total$909,415GrossReceiptsTotalAmt
Charitable Contributions Tot$642,026CharitableContributionsTotAmt
Gross Revenue Total Events$267,389GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$73,200NonCashPrizesTotalEventsAmt
Food And Beverage Total Events$127,381FoodAndBeverageTotalEventsAmt
Entertainment Total Events$66,808EntertainmentTotalEventsAmt
Direct Expense Summary Events$267,389DirectExpenseSummaryEventsAmt
Net Income Summary$0NetIncomeSummaryAmt

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 (11 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$244,996$0$0$0$0$0$26,950$0$15,395$0$287,341$0$0$0
JEROME ROTTER MD
DIRECTOR / INVESTIGATOR$360,000$0$0$0$0$0$29,150$0$8,861$0$398,011$0$0$0
PATRICIA I DICKSON MD
DIRECTOR / INVESTIGATOR$166,615$0$0$0$0$0$23,876$0$553$0$191,044$0$0$0
DAVID I MEYER PHD
PRESIDENT & CEO$350,324$0$50,000$0$6,000$0$44,533$0$726$0$451,583$0$0$0
THOMAS P PLOTTS MBA
VP-FINANCE & CFO$251,835$0$30,000$0$0$0$27,702$0$594$0$310,131$0$0$0
RONALD SWERDLOFF
INVESTIGATOR$256,011$0$0$0$0$0$77,857$0$0$0$333,868$0$0$0
SUSAN RUBIN
ADMINISTRATOR$245,858$0$24,035$0$0$0$0$0$743$0$270,636$0$0$0
ALBERT PARLOW PHD
INVESTIGATOR$234,845$0$0$0$0$0$25,480$0$4,604$0$264,929$0$0$0
CHRISTINA WANG MD
INVESTIGATOR$210,312$0$0$0$0$0$36,680$0$0$0$246,992$0$0$0
LISA HANCOCK
ADMINISTRATOR$198,869$0$0$0$0$0$0$0$9,885$0$208,754$0$0$0
KEVIN DAWSON MD
ADMINISTRATOR$190,400$0$0$0$0$0$0$0$9,882$0$200,282$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 Line1MELANIE LUNDQUISTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Relationship DescriptionCONTINENTAL 1123 CARSON LLC IS OWNED BY BOARD MEMBERRelationshipDescriptionTxt
Transaction$247,500TransactionAmt
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.TransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution3ContributionCnt
Noncash Contributions Rpt F990$41,270NoncashContributionsRptF990Amt
Method Of Determining RevenuesAVG FMV ON DAY DONATEDMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

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 11THE 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 -220,112. INTEREST RATE SWAP 231,883.
FORM 990, PART XII, LINE 2C:THE AUDIT COMMITTEE REVIEWS AND APPROVES OF THE AUDITED FINANCIAL STATEMENTS AND FILING OF 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 11C, 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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