2014-08-14T17:58:56-05:00 2013-09-30 910189318 MOSS ADAMS LLP 6565 AMERICAS PARKWAY NE STE 600 ALBUQUERQUE NM 87110 990 2012-10-01 850110669 LOVELACE RESPIRATORY RESEARCH INSTITUTE LOVE 5053489383 2425 RIDGECREST DRIVE SE ALBUQUERQUE NM 87108 SHANNON TOMA 5053489383 2014-08-14 1 PAMELA ALEXANDERSON P01218925 5058787200 2012 2015-11-30 17:44:51Z ROBERT W RUBIN 2425 RIDGECREST DRIVE SE ALBUQUERQUE NM 87108 42361956 0 X WWW.LRRI.ORG X 1965 NM THE LOVELACE RESPIRATORY RESEARCH INSTITUTE (LRRI) IS A PRIVATE, BIOMEDICAL RESEARCH ORGANIZATION DEDICATED TO IMPROVING PUBLIC HEALTH THROUGH RESEARCH ON THE PREVENTION, TREATMENT AND CURE OF RESPIRATORY DISEASE. LRRI IS COMMITTED TO CURING RESPIRATORY DISEASES THROUGH RESEARCH AIMED AT UNDERSTANDING THEIR CAUSES AND BIOLOGICAL MECHANISMS; ASSESSING AND ELIMINATING EXPOSURES TO RESPIRATORY HEALTH HAZARDS; AND DEVELOPING IMPROVED THERAPEUTICS, VACCINES, AND DIAGNOSTICS. LOVELACE BIOMEDICAL AND ENVIRONMENTAL RESEARCH INSTITUTE (LBERI) IS A WHOLLY OWNED SUBSIDIARY OF LOVELACE RESPIRATORY RESEARCH INSTITUTE (LRRI). LRRI MANAGES ALL GOVERNMENT CONTRACTS FOR LBERI. LBERI OFFERS CAPABILITIES FOR RESEARCH, DEVELOPMENT, TESTING, AND EVALUATION (RDT&E) TO PROVIDE IMPROVED MEDICAL COUNTERMEASURES AGAINST CHEMICAL, BIOLOGICAL, RADIOLOGICAL, NUCLEAR (CBRN), EMERGING, AND ENVIRONMENTAL THREATS. LRRI IS BASED IN ALBUQUERQUE, NEW MEXICO. 20 19 95 20 0 0 39436904 28445094 9633052 10715693 1340108 1428543 1469474 824763 51879538 41414093 0 0 0 0 43423748 33461802 0 0 0 6275632 4803797 49699380 38265599 2180158 3148494 124569232 127405466 30600521 29172693 93968711 98232773 X THE LOVELACE RESPIRATORY RESEARCH INSTITUTE (LRRI) IS A PRIVATE, BIOMEDICAL RESEARCH ORGANIZATION DEDICATED TO IMPROVING PUBLIC HEALTH THROUGH RESEARCH ON THE PREVENTION, TREATMENT AND CURE OF RESPIRATORY DISEASE. LRRI IS COMMITTED TO CURING RESPIRATORY DISEASES THROUGH RESEARCH AIMED AT UNDERSTANDING THEIR CAUSES AND BIOLOGICAL MECHANISMS; ASSESSING AND ELIMINATING EXPOSURES TO RESPIRATORY HEALTH HAZARDS; AND DEVELOPING IMPROVED THERAPEUTICS, VACCINES, AND DIAGNOSTICS. LOVELACE BIOMEDICAL AND ENVIRONMENTAL RESEARCH INSTITUTE (LBERI) IS A WHOLLY OWNED SUBSIDIARY OF LOVELACE RESPIRATORY RESEARCH INSTITUTE (LRRI). LRRI MANAGES ALL GOVERNMENT CONTRACTS FOR LBERI. LBERI OFFERS CAPABILITIES FOR RESEARCH, DEVELOPMENT, TESTING, AND EVALUATION (RDT&E) TO PROVIDE IMPROVED MEDICAL COUNTERMEASURES AGAINST CHEMICAL, BIOLOGICAL, RADIOLOGICAL, NUCLEAR (CBRN), EMERGING, AND ENVIRONMENTAL THREATS. LRRI IS BASED IN ALBUQUERQUE, NEW MEXICO. 0 0 28079619 10715693 MEDICAL RESEARCH AND EDUCATIONAL ACTIVITY IN THE AREAS OF BASIC BIOMEDICAL RESEARCH, HEALTH AND POPULATION STUDIES, PRIMARILY IN RESPIRATORY DISEASES SUCH AS ASTHMA, COPD, ALLERGY AND TOXIC EFFECTS OF ENVIRONMENTAL FACTORS. 28079619 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 213 0 1 95 1 1 1 0 0 0 0 0 0 0 0 0 X 20 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NM X SHANNON TOMA CFO 5053489389 2425 RIDGECREST DRIVE SE ALBUQUERQUE NM 87108 JACQUELINE LOVELACE JOHNSON 2.00 2.00 X X 0 0 0 JAMES SWENBERG DVM PHD 2.00 X X 0 0 0 FRANK BOND 2.00 X X 0 0 0 JUDY JONES 2.00 X X 0 0 0 AUGUSTINE CHOI MD 2.00 X 0 0 0 CATHERINE SELLMAN 2.00 X 0 0 0 CHRISTOPHER SPENCER CPA 2.00 X 0 0 0 DAVID DURGIN 2.00 X 0 0 0 GREGORY DOWNEY MD 2.00 X 0 0 0 JACK MCCARTHY MD 2.00 X 0 0 0 JANE DELGADO PHD 2.00 X 0 0 0 JOE FULCHER 2.00 X 0 0 0 JOHN SHELTON 2.00 X 0 0 0 MAJOR GENERAL JOHN DOESBURG 2.00 X 0 0 0 MELVIN TWIEST 2.00 X 0 0 0 NORMAN CORZINE 2.00 X 0 0 0 PAMELA SULLIVAN 2.00 X 0 0 0 SARA EASTERSON-BOND MFA 2.00 X 0 0 0 W PHELPS ANDERSON 2.00 X 0 0 0 DR ROBERT RUBIN 40.00 2.00 X X 635353 0 96659 FRANCES LAUR 40.00 2.00 X 108909 0 11433 SHANNON TOMA 40.00 X 0 0 0 RICHARD MCGIVNEY THROUGH MID-2013 40.00 X 235109 0 27538 CHERYL DEVAUL 40.00 X 212224 0 24539 CHRISTOPHER MERRIAM-LEITH 40.00 X 166717 0 17669 MATTHEW REED 40.00 X 197482 0 21366 LORETTA GUERRA 40.00 X 159633 0 18957 RACHEL M BLEA 40.00 X 151381 0 14479 NANCY L CROWLEY 40.00 X 115739 0 14529 MICHAEL K SILBER 40.00 X 118063 0 13148 GARY LARUE THROUGH DECEMBER 2013 40.00 X 160654 0 18666 2261264 0 278983 14 0 1 0 ROBERT HALF INTERNATIONAL PO BOX 743295 LOS ANGELES CA 900743295 TEMPORARY STAFFING / RECRUITING 333461 QUALITY MANAGEMENT SERVICES LLC 5235 WESTVIEW DRIVE SUITE 100 FREDERICK MD 21703 TRAINING 317207 ERNST & YOUNG 8484 WESTPARK DRIVE MCLEAN VA 22102 PROFESSIONAL SERVICES 253241 CASSIDY & ASSOCIATES 700 13TH STREET NW SUITE 400 WASHINGTON DC 200055917 LOBBYING SERVICES 208523 KINETEK CONSULTING LLC 318 INDIAN TRACE 700 WESTON FL 333262996 CONSULTING 127568 6 28445094 28445094 BIOMEDICAL RESEARCH 541700 10715693 10715693 10715693 1217898 1217898 81962 81962 1158508 947863 210645 210645 210645 TECHNOLOGY TAX CREDIT 900099 721424 721424 OTHER INCOME REBATES 900099 14089 14089 OTHER INCOME 900099 7288 7288 742801 41414093 10715693 0 2253306 X 2125552 300676 1824876 22206919 18521402 3685517 498138 453182 44956 8047976 6164460 1883516 583217 443624 139593 440728 440728 101833 101833 204923 204923 41389 41389 85219 85219 1788560 1394319 394241 77511 77511 108622 108622 299335 50057 249278 952738 952738 889387 504922 384465 1739 1739 479732 479732 1337046 1337046 237559 237559 BAD DEBT EXPENSE 301455 0 301455 RECOVERY AND ALLOCATION 245096 245096 COMPUTER & EQUIPMENT MA 226713 1782 224931 BOOKS/SUBSCRIPTIONS/MEM 178672 99 178573 -3194460 -3194460 38265599 28079619 10185980 0 1127081 149739 275527 250000 5099696 3202414 45297 598850 1120203 17402051 10806796 12416598 6595255 42442727 45429102 62608753 70613456 124569232 127405466 8258828 6727137 1331908 2800259 8095796 7049955 12134010 4521777 779979 8073565 30600521 29172693 X 93968711 98232773 93968711 98232773 124569232 127405466 X 3148494 4057921 -1532314 -1410039 X 0 1 X 1 1 1 X 2460553 1035959 46635895 39436904 28445094 118014405 2460553 1035959 46635895 39436904 28445094 118014405 118014405 1981756 945657 632710 883135 1299860 5743118 116638 1408252 4064511 5589401 129346924 74330779 0.91240 0.91440 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2009 AMOUNT: $ 116,638. 2012 AMOUNT: $ 7,287. HIGH WAGE TAX CREDIT - 2011 AMOUNT: $ 1,394,088. OTHER INCOME REBATES - 2011 AMOUNT: $ 14,164. 2012 AMOUNT: $ 14,089. TECHNOLOGY TAX CREDIT - 2012 AMOUNT: $ 721,424. CORPORATE ALLOCATION - 2012 AMOUNT: $ 3,321,711. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 41389 0 0 41389 0 PART IV, SUPPLEMENTAL INFORMATION: THE ORGANIZATION'S LOBBYING ACTIVITIES ARE PRIMARILY FOR THE PURPOSE OF OBTAINING AND MAINTAINING THEIR GOVERNMENTAL FUNDING SOURCES. 104544 106912 211456 13019197 7277560 5741637 3395340 3068971 326369 776058 460265 315793 6595255 BOND ISSUANCE COST 93669 INTERCOMPANY RECEIVABLE 66554491 INVESTMENT IN LSR -1218709 NON-COMPETE & GOODWILL 781916 DEFERRED COMP 457(B) & 457(F) 941037 INVESTMENT IN MRN 3023949 OTHER ASSETS 437103 70613456 DEFERRED COMP 457(B) AND 457(F) 941037 LINE OF CREDIT 7132528 8073565 X DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: AS OF SEPTEMBER 30, 2013 AND 2012, THE COMPANY PERFORMED A REVIEW OF ITS MATERIAL TAX POSITIONS IN ACCORDANCE WITH RECOGNITION AND MEASUREMENT STANDARDS ESTABLISHED BY US GAAP. AS A RESULT OF THIS REVIEW, LRRI, LBERI AND MRN QUALIFIED AS TAX EXEMPT ORGANIZATIONS UNDER 501(C)(3) OF THE IRC AND HAD NO UNREPORTED INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES AND DID NOT IDENTIFY ANY ENTITY LEVEL TAX POSITIONS FOR LRRI, LBERI, MRN, LSR OR SSA THAT WOULD NOT MEET THE MORE-LIKELY-THAN-NOT THRESHOLD. THE COMPANY FILES TAX RETURNS AS PRESCRIBED BY THE TAX LAWS OF THE JURISDICTIONS IN WHICH IT OPERATES. IN THE NORMAL COURSE OF BUSINESS, THE COMPANY IS SUBJECT TO EXAMINATION BY FEDERAL, STATE, LOCAL AND FOREIGN JURISDICTIONS, WHERE APPLICABLE. AS OF SEPTEMBER 30, 2013, THE TAX YEARS THAT REMAIN SUBJECT TO EXAMINATION BY THE MAJOR TAX JURISDICTIONS UNDER THE STATUTE OF LIMITATIONS ARE FROM THE YEAR ENDED SEPTEMBER 30, 2009 AND FORWARD. THE COMPANY RECOGNIZES INTEREST ACCRUED RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES. THERE WERE NO SUCH INTEREST OR PENALTIES RECORDED FOR THE YEARS ENDED SEPTEMBER 30, 2013 AND 2012. X 1 1 X X X 0 1 0 0 0 0 0 1 0 DR ROBERT RUBIN 534734 0 90000 0 10619 0 70510 0 26149 0 732012 0 0 0 RICHARD MCGIVNEY THROUGH MID-2013 199690 0 25000 0 10419 0 2898 0 24640 0 262647 0 0 0 CHERYL DEVAUL 173093 0 35000 0 4131 0 2537 0 22002 0 236763 0 0 0 CHRISTOPHER MERRIAM-LEITH 139298 0 17000 0 10419 0 982 0 16687 0 184386 0 0 0 MATTHEW REED 171863 0 15000 0 10619 0 1008 0 20358 0 218848 0 0 0 LORETTA GUERRA 127523 0 26500 0 5610 0 2771 0 16186 0 178590 0 0 0 RACHEL M BLEA 115671 0 30000 0 5710 0 613 0 13866 0 165860 0 0 0 GARY LARUE THROUGH DECEMBER 2013 133735 0 16500 0 10419 0 2021 0 16645 0 179320 0 0 0 PART I, LINE 1A THE GROSS UP PAYMENT WAS FOR RELOCATION PROVIDED TO A KEY EMPLOYEE DURING THE FISCAL YEAR AND IS INCLUDED AS TAXABLE WAGES IN THE W-2. PART I, LINE 4B DR. RUBIN MADE A $63,076 CONTRIBUTION TO A 457(F) PLAN. PART I, LINE 7 BONUSES ARE AWARDED ANNUALLY. MANAGEMENT IS PROVIDED AN AMOUNT, APPROVED BY THE BOARD, TO PAY IN ANNUAL BONUS. BONUS PAYMENTS ARE REVIEWED AND APPROVED BY THE EMPLOYEE'S DIRECT SUPERVISOR, HUMAN RESOURCES, CHRO AND CEO. CEO BONUS IS ESTABLISHED BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. A NEW MEXICO HOSPITAL EQUIPMENT LOAN COUNCIL 850426875 2009-06-01 11000000 RETIRE 2000A DEBT FACILITIES CONSTRUCTION 0 0 0 A 125000 5175000 5700000 411990 2010 1 0 0 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 1 0 0 0 0 1 A 1 SCHEDULE K, PART V THE ORGANIZATION HAS WRITTEN PROCEDURES TO ENSURE THAT THE VIOLATIONS OF THE FEDERAL TAX REQUIREMENTS ARE TIMELY IDENTIFIED AND CORRECTED THROUGH THE VOLUNTARY CORRECTIVE ACTION PROGRAM IF SELF-REMEDIATION IS NOT AVAILABLE UNDER APPLICABLE REGULATIONS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PRESENTED IN DRAFT FORM TO THE AUDIT AND COMPENSATION COMMITTEE AND TO THE FULL BOARD FOR REVIEW PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CODE OF CONDUCT THAT ADDRESSES CONFLICTS OF INTEREST. IT IS PRESENTED TO THE BOARD ANNUALLY. ADDITIONALLY, ALL EMPLOYEES, INCLUDING OFFICERS ARE REQUIRED TO READ AND ACKNOWLEDGE THE CODE ANNUALLY. IN ADDITION, IF A CONFLICT ARISES, THE CONFLICTED INDIVIDUAL RECUSES HIMSELF FROM VOTING ON THE ISSUE. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S AUDIT AND COMPENSATION COMMITTEES RECEIVE COMPENSATORY RECOMMENDATION FROM HUMAN RESOURCES AND FROM MANAGEMENT AS TO: 1. PERCENT BASE SALARY INCREASE FOR THE ORGANIZATION AS A WHOLE WITH TARGETS AND DOLLAR AMOUNT OF IMPACT ARE PRESENTED TO AND APPROVED BY THE AUDIT AND COMPENSATION COMMITTEE. 2. TARGET AMOUNT OF BONUS COMPENSATION FOR THE ENTIRE ORGANIZATION AND DOLLAR IMPACT ARE PRESENTED AND APPROVED BY THE AUDIT AND COMPENSATION COMMITTEE. 3. CEO COMPENSATION (BASE, BONUS AND DEFERRED COMPENSATION) IS REVIEWED TO MARKET VALUE FOR SIMILAR POSITIONS IN THE INDUCTRY AND APPROVED BY THE AUDIT AND COMPENSATION COMMITTEE. THIS PROCESS IS DOCUMENTED AND WAS LAST COMPLETED IN 2013. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE PUBLIC DISCLOSURE COPY OF THE FORM 990 IS ALSO AVAILABLE VIA GUIDESTAR AND AT THE NEW MEXICO PUBLIC REGULATORY COMMISSION CHARITABLE ORGANIZATION REGISTRATION SYSTEM (NM-COROS). FORM 990, PART IX, CORPORATE ALLOCATION DUE TO A TIMING DIFFERENCE, CORPORATE ALLOCATION TO LOVELACE RESPIRATORY RESEARCH INSTITUTE IS A CONTRA EXPENSE AT YEAR END AND IS DISPLAYED AS SUCH IN THE STATEMENT OF FUNCTIONAL EXPENSES. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: NET INCOME (LOSS) FROM SUBSIDIARIES -1,667,229. DCAA AUDIT ADJUSTMENT 257,190. SANDIA STAFFING ALLIANCE LLC 6301 INDIAN SCHOOL RD NE SUITE 204 ALBUQUERQUE NM 87110 320210366 RESEARCH AUGMENTATION NM 28447307 4145592 LOVELACE RESPIRATORY RESEARCH INSTITUTE LOVELACE BIOMEDICAL AND ENVIRONMENTAL RESEARCH INSTITUTE 2425 RIDGECREST DRIVE SE ALBUQUERQUE NM 87108 510154068 BASIC AND APPLIED RESEARCH NM 501(C)(3) 7 LOVELACE RESPIRATORY RESEARCH INSTITUTE 1 THE MIND RESEARCH NETWORK 1101 YALE BLVD NE ALBUQUERQUE NM 87106 850457562 NEUROSCIENTIFIC RESEARCH NM 501(C)(3) 7 LOVELACE RESPIRATORY RESEARCH INSTITUTE 1 LOVELACE SCIENTIFIC RESOURCES 2441 RIDGECREST DR SE ALBUQUERQUE NM 87108 850357767 CLINICAL TRIALS AND OTHER MEDICAL SERVICES NM LOVELACE RESPIRATORY RESEARCH INSTITUTE C 2255290 4348737 1.00000 1 0 0 0 1 1 0 0 0 0 0 0 0 1 1 1 1 1 0 0 LOVELACE SCIENTIFIC RESOURCES Q 139792 LOVELACE BIOMEDICAL AND ENVIRONMENTAL INSTITUTE Q 7641935 THE MIND RESEARCH NETWORK Q 902920 LOVELACE BIOMEDICAL AND ENVIRONMENTAL INSTITUTE N 5269375 LOVELACE BIOMEDICAL AND ENVIRONMENTAL INSTITUTE P 2266368