2017-08-14T16:05:47-05:00 2016-09-30 951720829 MARTIN WERBELOW LLP 300 N LAKE AVE SUITE 930 PASADENA CA 911014106 990 2015-10-01 951757119 HUNTINGTON MEDICAL RESEARCH INSTITUTE HUNT 6267954343 99 NORTH EL MOLINO AVENUE PASADENA CA 91101 JOHN MOTHERSHEAD CHAIRMAN 6267954343 2017-08-09 1 ERICH RAIL P00174228 6265771440 2015 2021-01-29 14:40:06Z FRANK DAVIS 99 NORTH EL MOLINO AVENUE PASADENA CA 91101 46050370 0 X WWW.HMRI.ORG X 1982 CA TO ENGAGE A PROGRAM OF BASIC AND APPLIED RESEARCH DEVOTED TO NEW AND ADVANCED STUDIES INTO THE CAUSES, NATURE, PREVENTION, AND CURE OF HUMAN DISEASES. 25 25 78 14 0 0 7383143 4948085 993005 599119 2254441 6299046 803483 754341 11434072 12600591 0 0 0 0 5604199 5183576 162500 195000 915403 4350644 4346681 10117343 9725257 1316729 2875334 59392252 63384613 6369935 6291019 53022317 57093594 CHANGING LIVES THROUGH MULTIDISCIPLINARY, PATIENT-FOCUSED RESEARCH. 0 0 6959193 599119 HMRI'S RESEARCH PROGRAMS ARE FOCUSED ON COMMON DISEASE PROCESSES INCLUDING NEUROLOGIC (ALZHEIMER'S, MIGRAINE, TRAUMATIC BRAIN INJURY), CARDIOVASCULAR, LIVER AND GASTROINTESTINAL, DISEASES OF PREGNANCY, AND MAGNETIC RESONANCE IMAGING AND SPECTROSCOPY RESEARCH THAT SUPPORTS RESEARCH ACROSS HMRI. IN 2016 HMRI RESEARCHERS PUBLISHED 32 PAPERS IN PEER REVIEWED JOURNALS, SERVED ON SEVERAL EDITORIAL BOARDS AND SCIENCE ADVISORY BOARDS, AND PRESENTED THEIR WORK AT LOCAL AND INTERNATIONAL CONFERENCES. THE THREE MAJOR SERVICE ACCOMPLISHMENTS OF THE YEAR WERE THE ONGOING SEMINAR SERIES OPEN TO THE PUBLIC COVERING A WIDE RANGE OF TIMELY MEDICAL (CME) AND RESEARCH TOPICS; ONGOING ENROLLMENT OF ELDERLY VOLUNTEERS IN OUR NOW INSTITUTE-WIDE STUDY OF BRAIN AGING; AND LEADERSHIP FOR THE IMAGING RESEARCH PROGRAM. 6959193 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 44 0 1 78 1 0 0 0 0 0 0 0 0 0 0 X 25 25 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 1 0 CA X FRANK DAVIS 6267954343 99 NORTH EL MOLINO AVENUE PASADENA CA 91101 ROGER ENGEMANN CO HMRI BOARD MEMBER 2.00 X 0 0 0 JOHN MOTHERSHEAD CO HMRI CHAIRMAN 16.00 X X 0 0 0 ROBERT D MAY CO HMRI BOARD MEMBER 2.00 X 0 0 0 JOHN D BALDESCHWIELER PHDCO HMRI TREASURER 4.00 X X 0 0 0 PHILIP V SWAN CO HMRI BOARD MEMBER 2.00 X 0 0 0 JAMES J FEMINO MD CO HMRI BOARD MEMBER 2.00 X 0 0 0 LAWRENCE W JONES MD CO HMRI BOARD MEMBER 2.00 X 0 0 0 LYNN H MYERS CO HMRI BOARD MEMBER 2.00 X 0 0 0 JOHN H RICHARDS PHD CO HMRI BOARD MEMBER 2.00 X 0 0 0 ANN SLAVIK HALL CO HMRI BOARD MEMBER 2.00 X 0 0 0 HERBERT HEZLEP CO HMRI BOARD MEMBER 2.00 X 0 0 0 NELSON D JONES CO HMRI BOARD MEMBER 2.00 X 0 0 0 ROBERT E TRANQUADA MD CO HMRI BOARD MEMBER 3.00 X 0 0 0 JAMES RHODES CO HMRI BOARD MEMBER 2.00 X 0 0 0 GEORGE D LEAL CO HMRI VICE-CHAIRMAN 4.00 X X 0 0 0 LARY J MIELKE CO HMRI BOARD MEMBER 2.00 X 0 0 0 HELEN BAATZ CO HMRI BOARD MEMBER 2.00 X 0 0 0 JAMES D GAMB CO HMRI SECRETARY 4.00 X X 0 0 0 SUSAN E KANE CO HMRI BOARD MEMBER 2.00 X 0 0 0 ALLEN W MATHIES CO HMRI BOARD MEMBER 2.00 X 0 0 0 PETER M MENARD CO HMRI BOARD MEMBER 2.00 X 0 0 0 WILLIAM E THOMSON CO HMRI BOARD MEMBER 2.00 X 0 0 0 JOHN BABCOCK CO HMRI BOARD MEMBER 2.00 X 0 0 0 DAVE DAVIS CO HMRI BOARD MEMBER 2.00 X 0 0 0 KARHLEEN KANE CO HMRI BOARD MEMBER 2.00 X 0 0 0 DAN KIMBELL CO HMRI BOARD MEMBER 2.00 X 0 0 0 MARIE CSETE CO HMRI CHIEF SCIENTIST/PRESIDENT 40.00 X 296529 0 27471 ROBERT KLONER DIR CARDIOVASCULAR 40.00 X 180000 0 14400 DOUGLASS MCCREERY PHD CO HMRI DIR NEURAL ENGINEERING 40.00 X 129029 0 6172 MICHAEL HARRINGTON MD CO HMRI DIR MOLECULAR NEUROLOGY 40.00 X 132500 0 13300 FRANK DAVIS BUSINESS MANAGER 40.00 X 120342 0 29772 DANIEL MALJANIAN DIR DEVELOPMENT 40.00 X 140447 0 25499 WILLIAM OPEL PHD CO HMRI FORMER PRESIDENT 0.00 X 346539 0 0 1345386 0 116614 7 1 1 0 DAVIS WRIGHT TREMAINE LLP 1201 THIRD AVE STE 2200 SEATTLE WA 981013045 LEGAL SERVICES 191513 COMMUNITY COUNSELING SCV PO BOX 824885 PHILADELPHIA PA 191824885 FUNDRAISING & DEVELOPMENT 178750 2 44614 2535507 2367964 33601 4948085 MEDICAL RESEARCH 541700 599119 599119 599119 261590 261590 5624 5624 259218 0 259218 259218 259218 33478563 5961778 32935716 467169 542847 5494609 6037456 6037456 16841 44614 46894 -30053 -30053 PARTNERSHIP INCOME 900099 519552 519552 519552 12600591 599119 0 7053387 300000 32500 236250 31250 3323485 2447600 568074 307811 922361 630895 204764 86702 371369 254016 82444 34909 266361 182191 59132 25038 290216 290216 41948 41948 195000 195000 116339 116339 728779 613667 40255 74857 19227 19227 247668 159023 66791 21854 449709 395744 44971 8994 46882 30610 2243 14029 782951 727675 53507 1769 169565 149217 16957 3391 RESEARCH AND OTHER SUPP 802555 763889 38666 REPAIRS, MAINTENANCE, A 322548 300839 18092 3617 OTHER DIRECT GRANT EXPE 116327 69774 46553 OTHER TAXES AND LICENSE 86783 76369 8678 1736 125184 125184 9725257 6959193 1850661 915403 950 950 10086172 7938243 1654819 1092604 142125 80851 69808 74783 21998249 8577340 7207138 13420909 20787721 30851639 15768725 7477476 3674794 2447158 59392252 63384613 715828 1246032 506817 49934 5147290 4995053 6369935 6291019 X 32983378 43830166 14552147 7776636 5486792 5486792 53022317 57093594 59392252 63384613 X 2875334 1037382 158561 X X 0 1 X 1 1 1 X 5315050 5051131 7169872 7383143 4948085 29867281 5315050 5051131 7169872 7383143 4948085 29867281 3815795 26051486 936091 890796 914890 1246367 1045984 5034128 643979 657044 833328 993005 599119 3726475 38627884 0.67440 0.62190 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 39610622 1930978 3481510 38060090 41793555 2000000 -1472571 2710362 39610622 40904694 3409850 2520989 41793555 39013019 4565133 2673458 40904694 35494659 5293262 1774902 39013019 0.78060 0.12460 0.09480 0 0 2506062 2506062 12244032 2995383 9248649 7248155 5581957 1666198 13420909 OFFSHORE FUNDS 3044079 F LIMITED PARTNERSHIPS 4433397 F 7477476 DEPOSITS 23235 ACCRUED PENSION COST 4971818 4995053 X 15515402 1037382 240000 -2261 1275121 14240281 116339 -1756029 -1639690 12600591 9848919 240000 240000 9608919 116339 -1 116338 9725257 PART V, LINE 4: THE ENDOWMENT CONSISTS OF THREE TYPES OF FUNDS: (1) UNRESTRICTED FUNDS ARE FOR UNRESTRICTED USE AT HMRI'S DISCRETION, CURRENTLY SPENDING FROM SUCH FUNDS SUPPORT OPERATIONS. (2) PERMANENT ENDOWMENT FUNDS WERE DONATED WITH INSTRUCTIONS FOR THE CORPUS TO REMAIN INTACT AND INCOME EARNED FROM APPRECIATION IS AVAILABLE FOR CERTAIN OPERATIONAL USES. (3) THE INCOME FROM THE PERMANENT ENDOWMENT FUNDS ARE REPRESENTED AS TEMPORARILY RESTRICTED UNTIL APPROPRAITED FOR EXPENDITURE BY THE ORGANIZATION. PART X, LINE 2: HMRI CONSIDERS MANY FACTORS WHEN EVALUATING AND ESTIMATING ITS TAX POSITIONS AND TAX BENEFITS, WHICH MAY REQUIRE PERIODIC ADJUSTMENTS AND WHICH MAY NOT ACCURATELY ANTICIPATE ACTUAL OUTCOMES. HMRI EVALUATES ITS UNCERTAIN TAX POSITIONS IN ACCORDANCE STANDARDS SET FORTH UNDER U.S. GAAP. THESE STANDARDS REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, BY HMRI AND TO RECOGNIZE A TAX LIABILITY (OR ASSET) IF HMRI HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAX AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY HMRI, AND HAS CONCLUDED THAT AS OF SEPTEMBER 30, 2015, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. EXAMPLES OF TAX POSITIONS TAKEN INCLUDE THE TAX-EXEMPT STATUS OF HMRI AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME. SINCE MATTERS ARE SUBJECT TO SOME DEGREE OF UNCERTAINTY, THERE CAN BE NO ASSURANCE THAT HMRI'S TAX RETURNS WILL NOT BE CHALLENGED BY THE TAX AUTHORITIES AND THAT HMRI WILL NOT BE SUBJECT TO ADDITIONAL TAX, PENALTIES, AND INTEREST AS A RESULT OF SUCH CHALLENGE. GENERALLY, HMRI'S TAX RETURNS REMAIN OPEN FOR THREE YEARS FOR FEDERAL TAX EXAMINATION AND FOUR YEARS FOR STATE TAX EXAMINATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHARITABLE REMAINDER UNITRUST LOSS -2,261. PART XI, LINE 4B - OTHER ADJUSTMENTS: NET INVESTMENT RETURN NOT DESIGNATED FOR CURRENT OPERATIONS -1,756,028. ROUNDING -1. PART XII, LINE 4B - OTHER ADJUSTMENTS: ROUNDING -1. X X X X X X 1 COMMUNITY COUNSELING SERVICE CO LLC 100 MONTGOMERY STREET STE 2270 SAN FRANCISCO CA 94104 CONSULT ON CAP CAMPAIGN, IDENTIFY AND PRESENT TO DONORS, DEV 0 1818731 195000 1623731 1818731 195000 1623731 LYNN SMITH FOUNDERS CLASSIC 61455 44614 16841 31600 15294 61455 44614 16841 31600 15294 46894 -30053 1 X X X 1 0 0 0 0 0 0 0 0 MARIE CSETE CO HMRI CHIEF SCIENTIST/PRESIDENT 296529 0 0 0 0 0 24000 0 3471 0 324000 0 0 0 ROBERT KLONER DIR CARDIOVASCULAR 180000 0 0 0 0 0 14400 0 0 0 194400 0 0 0 FRANK DAVIS BUSINESS MANAGER 120342 0 0 0 0 0 21906 0 7866 0 150114 0 0 0 DANIEL MALJANIAN DIR DEVELOPMENT 140447 0 0 0 0 0 17625 0 7874 0 165946 0 0 0 WILLIAM OPEL PHD CO HMRI FORMER PRESIDENT 346539 0 0 0 0 0 0 0 0 0 346539 0 0 0 PART I, LINE 4A WILLIAM OPEL, PHD., FORMER PRESIDENT, RESIGNED IN 2014 AND RECEIVED SEVERANCE PAY: $346,539 DURING 2015. JONES COFFEE ROASTERS BUSINESS ENTITY OWNED BY BOARD MEMBER 100465 JONES COFFEE ROASTERS LEASES APPROXIMATELY 4,500 SQUARE FEET FROM HMRI AS RETAIL SPACE. 0 X 3 33601 HIGH LOW MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 MITCHELL HOWE AND LYNN MYERS - FAMILY RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11 A DRAFT COPY OF THE FORM 990 IS DISTRIBUTED TO THE GOVERNING BODY FOR REVIEW. AN IN-DEPTH REVIEW OF THE FORM 990 IS DONE BY THE BUSINESS MANAGER AND PRESIDENT IN DRAFT FORM. ANY QUESTIONS ARE ADDRESSED PRIOR TO BEING FINALIZED. FORM 990, PART VI, SECTION B, LINE 12C A RELATED PARTY QUESTIONNAIRE IS SENT OUT TO ALL BOARD MEMBERS AS PART OF THE ANNUAL AUDIT TO DISCLOSE ANY CIRCUMSTANCES THAT COULD GIVE RISE TO CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15B BASED ON COMPARISONS OF SALARIES AT SIMILAR ORGANIZATIONS AND COST OF LIVING SINCE LAST INCREASE. DOCUMENTED BY BOARD COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL CONFLICT OF INTEREST POLICY (FCOI) IS ON THE WEBSITE, THE OTHERS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: EFFECT OF ADOPTION OF RECOGNITION AND MEASUREMENT DATE PROVISIONS FASB 158 160,822. CHANGE IN VALUE OF CHARITABLE REMAINDER UNITRUST -2,261. FORM 990 PART XII LINE 2C THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT ASSUMES THE RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT AUDITOR.