2013-05-14T19:52:55-05:00 2012-06-30 453269313 YH ADVISORS INC 7755 CENTER AVENUE SUITE 1225 HUNTINGTON BEACH CA 92647 990 2011-07-01 952138184 LOS ANGELES BIOMEDICAL RESEARCH INSTITUTE AT HARBOR-UCLA MEDICAL CENTER LOSA 3102223605 1124 W CARSON ST BLDG N-14 TORRANCE CA 90502 TOM PLOTTS 3102223605 2013-05-13 1 BRIAN YACKER P00401346 3109822806 2011 2016-02-24 21:20:13Z DAVID I MEYER 1124 W CARSON ST BLDG N-14 TORRANCE CA 90502 85155957 0 X WWW.LABIOMED.ORG X 1952 CA TO ENGAGE IN BIOMEDICAL RESEARCH, EDUCATE, AND PROVIDE COMMUNITY HEALTH SERVICES. 25 17 954 209 0 0 65839630 69006496 2431901 927408 1483840 1002715 6344817 6848665 76100188 77785284 0 0 0 0 48588060 47093799 0 0 553708 25894038 24331822 74482098 71425621 1618090 6359663 72347411 76658303 27970825 27482968 44376586 49175335 X ENGAGING IN BIOMEDICAL RESEARCH, TRAINING OF YOUNG SCIENTISTS, AND PROVIDING COMMUNITY HEALTH SERVICES. 0 0 26554393 MEDICAL 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. 5686123 SCIENCE & TECHNOLOGY: BIOMEDICAL RESEARCH TRAINING OF INTERNS, RESIDENTS, FELLOWS, AND POST GRADUATES 18524789 927408 HEALTH 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. 5790260 OTHER PROGRAM SERVICES: INCLUDES SALES OF BIOMEDICAL SERVICES AND PRODUCTS AND ROYALTY PAYMENTS TO INVENTORS. 5790260 56555565 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 277 0 1 954 1 0 0 0 0 0 0 0 0 0 0 X 25 17 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X THOMAS PLOTTS 3102223605 1124 W CARSON ST BLDG N-14 TORRANCE CA 90502 X STEVEN A NISSEN ESQ 2.00 X X 0 0 0 RONALD S SWERDLOFF MD 16.00 X X 166945 0 29215 RICHARD K LEARNED 2.00 X X 0 0 0 ERIC S DAAR MD 20.00 X X 158965 0 27819 NOAH A CRAFT MD PHD 10.00 X 37500 0 6562 SCOTT G FILLER MD 10.00 X 124356 0 21762 ADAM J JONAS MD 7.00 X 19020 0 3329 OMID A KHORRAM MD PHD 2.00 X 0 0 0 IRA M LESSER MD 2.00 X 832 0 146 JOHN S MCDONALD MD 2.00 X 0 0 0 WILLIAM W STRINGER MD 2.00 X 0 0 0 JAMES M BROWN 2.00 X 0 0 0 JAMES R BUCH 2.00 X 0 0 0 WEBB W CASTOR PHD 2.00 X 0 0 0 DOROTHY AVILA COURTNEY 2.00 X 0 0 0 ALLAN FREW 2.00 X 0 0 0 RICHARD J GLASSOCK MD 2.00 X 0 0 0 JOHN A LARSON 2.00 X 0 0 0 MELANIE LUNDQUIST 2.00 X 0 0 0 SANDRA MCPEAK PHD 2.00 X 0 0 0 JIM SALA 2.00 X 0 0 0 MITCHEL SAYARE 2.00 X 0 0 0 ANDREW J SOBEL 2.00 X 0 0 0 SAMUEL ERIC WILSON MD 2.00 X 0 0 0 GAIL V ANDERSON JR MD MBA 2.00 X 0 0 0 DELVECCHIO FINLEY MPP FACHE 2.00 X 0 0 0 DIANA H HONEYCUTT 2.00 X 0 0 0 KIM MCKENZIE RN MSN 2.00 X 0 0 0 SCOTT D SOMERS 2.00 X 0 0 0 MICHAEL R YEAMAN PHD 40.00 X 124441 0 18226 HAL F YEE JR MD PHD 2.00 X 0 0 0 DAVID I MEYER PHD 40.00 X X 347140 0 35869 THOMAS P PLOTTS MBA 40.00 X 92965 0 6995 MATTHEW BUDOFF MD 30.00 X 239330 0 28291 MALCOLM BARANOV 40.00 X 181488 0 21327 ALBERT PARLOW PHD 40.00 X 204289 0 26363 CHRISTINA C L WANG MD 16.00 X 195206 0 34161 ASHRAF IBRAHIM MD 40.00 X 169408 0 31503 ROGER LEWIS MD 12.00 X 167882 0 29379 KAMYAR KALANTAR-ZADEH MD 40.00 X 165884 0 29029 SUSAN PARTRIDGE 40.00 X 109942 0 14253 JAY SCHOENAU 40.00 X 187645 0 489 2693238 0 364718 55 1 1 0 CBIZ BENEFITS & INS PO BOX 846134 DALLAS TX 75284 INSURANCE 5081513 EMIL KAKKIS MD PHD 2512 LAGUNA VISTA DRIVE NOVATO CA 94945 ROYALTIES 1993672 CA WIC ASSOCIATION 1490 DREW DRIVE 175 DAVIS CA 95618 HEALTH CARE AGENCY 753541 CEDARS-SINAI MED CENTER 2923 PULLMAN STREET SANTA ANA CA 92705 HEALTH CARE PROVIDER 717186 SHANGRI-LA CONSTRUCTION LP 1075 HAMILTON RD DUARTE CA 91010 CONSTRUCTION SERVICES 681463 47 38560 362823 66009688 2595425 112905 69006496 SERVICE BILLINGS 900099 927408 927408 927408 442208 442208 6731017 6731017 117648 0 117648 117648 117648 7931180 7370673 560507 560507 560507 77785284 927408 0 7851380 1634510 1226282 408228 34675074 28673823 5748520 252731 3004514 2464597 539917 7779701 6380605 1318694 80402 175000 175000 189088 26412 162676 148295 148295 12880 12880 672765 412311 245528 14926 2229110 2229110 4221159 2961434 1259725 1162480 1110604 51467 409 1049573 656337 393236 1993995 1993995 591787 117476 474311 SUPPLIES AND SERVICES 8221441 6634212 1556989 30240 SUBCONTRACTS 1631902 1631902 0 PATIENT COSTS 1012136 1012136 0 TESTING 422933 421114 1819 597278 597210 68 71425621 56555565 14316348 553708 1200 31408 20776400 18899376 11911559 11153148 676458 364925 70276443 47656749 15733597 22619694 23042967 23314160 205230 275592 72347411 76658303 7884440 11790736 5855545 6481656 924010 924010 6031000 5783421 7275830 2503145 27970825 27482968 X 34238479 42574098 8259337 4211237 1878770 2390000 44376586 49175335 72347411 76658303 X 6359663 -1560914 X 0 1 1 X 1 1 X HARBOR-UCLA MEDICAL CENTER TORRANCE CA RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 12880 12880 28536680 28549560 1000000 250000 0 0 1000000 1000000 1000000 3000000 4500000 37805 23100 12880 73785 250000 250000 250000 750000 1125000 1 924010 924010 1 1876041 510000 -6729 2379312 1699573 80000 96468 1876041 1376790 262027 60756 1699573 1570350 147143 -340703 1376790 0.00000 1.00000 0.00000 0 0 1109606 1109606 36180054 17877671 18302383 32986783 29779078 3207705 22619694 SWAP DERIVATIVE HEDGING ACTIVITIES 1278019 ACCRUED BENEFITS & CGA 1225126 2503145 77785284 71425621 6359663 -1560914 -1560914 4798749 76222049 -1563235 -1563235 77785284 0 77785284 71425621 0 71425621 0 71425621 PART IV, LINE 1B: IN 1997, DAVITA HEALTHCARE PARTNERS INC. (FORMERLY TOTAL RENAL CARE, INC.) ESTABLISHED A PHYSICIAN RECRUITMENT AND DEVELOPMENT FUND WITH HARBOR-ULCA MEDICAL FOUNDATION, INC., A 501(C)(3) PUBLIC CHARITY, IN ORDER TO DEVELOP A STRONGER RESEARCH BASE WITHIN THE DIVISION OF NEPHROLOGY AND HYPERTENSION AT HARBOR-UCLA MEDICAL CENTER. THESE FUNDS WERE SUBSEQUENTLY TRANSFERRED TO LA BIOMED TO BE INVESTED AND HELD IN TRUST UNTIL THE FUNDS ARE REQUESTED TO BE SPENT AS DESIGNATED. PART IV, LINE 2B: LA BIOMED CONTINUES TO HOLD THESE DIVISION OF NEPHROLOGY AND HYPERTENSION FUNDS. THE FUNDS ARE INVESTED IN EQUITIES AND FIXED INCOME SECURITIES, PURSUANT TO LA BIOMED'S INVESTMENT POLICY STATEMENT. AT THE REQUEST OF THE DIVISION OF NEPHROLOGY AND HYPERTENSION, THESE FUNDS ARE TRANSFERRED TO HARBOR-ULCA MEDICAL FOUNDATION, INC. TO BE USED EXCLUSIVELY FOR ITS DESIGNATED USE. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: 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. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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 8 - OTHER ADJUSTMENTS: FAS 158 - POST RETIREMENT ADJUSTMENTS -256,000. CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENT -227,626. UNREALIZED LOSSES -1,079,609. ROUNDING ADJUSTMENT 2,321. TOTAL TO SCHEDULE D, PART XI, LINE 8: -1,560,914. PART XII, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED LOSS FROM SECURITIES -1,079,609. PENSION RELATED CHARGES OTHER THAN NET PERIODIC PENSION COSTS -227,626. INTEREST RATE SWAP -256,000. X X X X X 0 0 0 0 0 0 0 0 0 RONALD S SWERDLOFF MD 166945 0 0 0 0 0 29215 0 0 0 196160 0 0 0 ERIC S DAAR MD 158965 0 0 0 0 0 27819 0 0 0 186784 0 0 0 DAVID I MEYER PHD 347140 0 0 0 0 0 34795 0 1074 0 383009 0 0 0 MATTHEW BUDOFF MD 239330 0 0 0 0 0 26950 0 1341 0 267621 0 0 0 MALCOLM BARANOV 181488 0 0 0 0 0 19986 0 1341 0 202815 0 0 0 ALBERT PARLOW PHD 204289 0 0 0 0 0 22146 0 4217 0 230652 0 0 0 CHRISTINA C L WANG MD 195206 0 0 0 0 0 34161 0 0 0 229367 0 0 0 ASHRAF IBRAHIM MD 169408 0 0 0 0 0 19036 0 12467 0 200911 0 0 0 ROGER LEWIS MD 167882 0 0 0 0 0 29379 0 0 0 197261 0 0 0 KAMYAR KALANTAR-ZADEH MD 165884 0 0 0 0 0 29029 0 0 0 194913 0 0 0 SUSAN PARTRIDGE 109942 0 0 0 0 0 12275 0 1978 0 124195 0 0 0 JAY SCHOENAU 187645 0 0 0 0 0 0 0 489 0 188134 0 0 0 PART I, LINE 3 THE 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. X 1 112905 AVG FMV ON DAY DONATED 0 0 0 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): REPRESENTS THE NUMBER OF DONORS OF NON-CASH ITEMS FORM 990, PART VI, SECTION A, LINE 6 LA 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 INVOLVEMENT IN THE INSTITUTE. FORM 990, PART VI, SECTION A, LINE 7A A 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 7B A 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 11 THE 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 12C ALL 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 15 THE 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 19 THE 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. COMPENSATION OF INVESTIGATORS AND RESEARCHERS FORM 990, PART VII SOME 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: FAS 158 - POST RETIREMENT ADJUSTMENTS -256,000. CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENT -227,626. UNREALIZED LOSSES -1,079,609. ROUNDING ADJUSTMENT 2,321. TOTAL TO FORM 990, PART XI, LINE 5: -1,560,914. FUNDRAISING EXPENSES FORM 990, PART 1, LINE 16B THE ENTITY RECEIVES THE VAST MAJORITY OF ITS FUNDING ON AN ANNUAL BASIS FROM FEDERAL, STATE, COUNTY AND CITY GOVERNMENTAL SOURCES. THE ENTITY SPENDS A RELATIVELY SMALL AMOUNT OF EXPENSES IN OBTAINING GOVERNMENT FUNDING, DUE TO THE LARGE NATURE OF GOVERNMENT GRANTS. LOS ANGELES BIOMEDICAL RESEARCH FOUNDATION 1124 W CARSON STREET BLDG N-14 TORRANCE CA 90502 330781895 SUPPORT ORGANIZATION CA 501(C)(3) LINE 11C, III-FI LOS ANGELES BIOMEDICAL RESEARCH INST 0 0 0 1 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 LOS ANGELES BIOMEDICAL RESEARCH FOUNDATION AT HARBOR-UCLA MEDICAL CENTER C 362823 CASH LOS ANGELES BIOMEDICAL RESEARCH FOUNDATION AT HARBOR-UCLA MEDICAL CENTER P 209367 CASH