2012-08-06T10:46:16-05:00 2011-09-30 MOSS ADAMS LLP 6100 UPTOWN BLVD NE STE 400 ALBUQUERQUE NM 87110 990 2010-10-01 850110669 LOVELACE RESPIRATORY RESEARCH INSTITUTE LOVE 5053489383 2425 RIDGECREST DRIVE SE ALBUQUERQUQE NM 87108 RICHARD MCGIVNEY 5053489383 2012-07-25 1 ANTHONY W ROYLE 5058787200 2010 2016-02-24 21:20:13Z RICHARD MCGIVNEY 2425 RIDGECREST DRIVE SE ALBUQUERQUQE NM 87108 64452680 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, EMPLOYS 1200 PEOPLE, AND IS A $125 MILLION COMPANY. 23 22 115 23 19000 0 1035959 46635895 15398763 10822270 938527 825291 116638 17160 17489887 58300616 0 0 0 0 3369543 38932613 0 0 0 17085705 5420040 20455248 44352653 -2965361 13947963 95150604 113814013 24458424 31408122 70692180 82405891 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, EMPLOYS 1200 PEOPLE, AND IS A $125 MILLION COMPANY. 0 0 36131800 10822270 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. 36131800 1 1 0 1 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 1 195 0 1 115 1 1 1 0 0 0 0 0 0 0 0 0 X 23 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NM X RICHARD MCGIVNEY CFO 5053489389 2425 RIDGECREST DRIVE SE ALBUQUERQUE NM 87108 JOHN SHELTON 2.00 X X 0 0 0 FRANK BOND 2.00 X X 0 0 0 PATRICIA BUFFLER 2.00 X X 0 0 0 JACKIE LOVELACE JOHNSON 2.00 X X 0 0 0 DR ROBERT RUBIN 40.00 X X 621899 0 36705 SONIA BUIST 2.00 X 0 0 0 NORM CORZINE 2.00 X 0 0 0 JANE DELGADO PHD 2.00 X 0 0 0 JOE RG FULCHER JD 2.00 X 0 0 0 MARTIN HICKEY MD 2.00 X 0 0 0 JUDY K JONES 2.00 X 0 0 0 POPE MOSELY MD MS 2.00 X 0 0 0 BARBARA ROGERS 2.00 X 0 0 0 ERNEST ROMERO 2.00 X 0 0 0 DONALD E KILGORE JR MD 2.00 X 0 0 0 W PHELPS ANDERSON 2.00 X 0 0 0 JACK D MCCARTHY MD 2.00 X 0 0 0 MELVIN TWIEST MD 2.00 X 0 0 0 LISA GUILLERMIN GABLE 2.00 X 0 0 0 JAMES A SWENBERG DVM PHD 2.00 X 0 0 0 PAM SULLIVAN 2.00 X 0 0 0 MAJOR GENERAL JOHN DOESBURG 2.00 X 0 0 0 DAVID L DURGIN 2.00 X 0 0 0 JOE MAUDERLY 40.00 X 0 116655 19427 RICHARD MCGIVNEY 40.00 X 217633 0 33627 FRANCES LAUR 40.00 X 89078 0 17910 CHERYL N DEVAUL 40.00 X 193401 0 28305 NANCY CROWLEY 40.00 X 116136 0 12787 GARY LARUE 40.00 X 135356 0 24978 WILLIAM E BECHTOLD 40.00 X 139087 0 23406 MICHAEL K SILBER 40.00 X 105139 0 21922 PATRICIA MARX 40.00 X 0 329947 34796 1617729 446602 253863 7 1 1 0 GERALD MARTIN PO BOX 91450 ALBUQUERQUE NM 87113 CONSTRUCTION 1315285 ERNST & YOUNG LOCKBOX 1867 PO BOX 8500 101 N I PHILADELPHIA PA 19106 CONSULTING 882895 LOCKTON INSURANCE BROKERS PO BOX 92643 LOS ANGELES CA 90009 INSURANCE 239562 QUALITY MANAGEMENT SERVICES LLC 5235 WESTVIEW DRIVE STE 100 FREDERICK MD 21703 TRAINING 201424 SEMFIN GROUP LLC 1308 VINCENT PLACE MCLEAN VA 22101 CONSULTING 143848 5 46383771 252124 46635895 BIOMEDICAL RESEARCH 541700 10822270 10822270 10822270 407067 19000 388067 17160 17160 208483 208483 0 0 6361805 5937030 6551 424775 -6551 418224 418224 58300616 10822270 19000 823451 1867255 1724814 142441 25626411 25327326 299085 2943098 2943098 5801794 5801794 2694055 2694055 480000 480000 282 282 4649 4649 179015 179015 115 115 75063 75063 936152 924530 11622 1182560 1182560 183013 183013 CORPORATE ALLOCATION 2379191 2353336 25855 44352653 36131800 8220853 0 653796 1332590 1567209 5036293 55968 -136795 88350 438537 23576715 10665776 13120124 12910939 41947198 38694369 0 38371755 54884284 95150604 113814013 6628722 9550556 1801368 2183615 11003688 13519221 4980080 5600411 44566 554319 24458424 31408122 X 70692180 82405891 70692180 82405891 95150604 113814013 X 13947963 -2234252 X 0 1 1 X 1 1 X 712834 6058324 2460553 1035959 46635895 56903565 712834 6058324 2460553 1035959 46635895 56903565 2025239 54878326 2178684 1285659 1981756 945657 632710 7024466 100742 100742 97746 232166 116638 446550 64475323 93565459 0.85120 0.42770 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 131318 0 0 131318 0 EXPLANATION OF OTHER LOBBYING ACTIVITIES: PART II-B, LINE 1I: THE ORGANIZATION'S LOBBYING ACTIVITIES ARE PRIMARILY FOR THE PURPOSE OF OBTAINING AND MAINTAINING THEIR GOVERNMENTAL FUNDING SOURCES. 104544 106912 211456 13068966 6322921 6746045 6506859 1422768 5084091 3789434 2920087 869347 12910939 BOND ISSUANCE COST 128554 INTERCOMPANY RECEIVABLE 52183850 INVESTMENT IN LSR -783436 NON-COMPETE & GOODWILL 2776058 DEFERRED COMP 547(B) & 457(F) 554319 SSA OTHER ASSET 24939 54884284 DEFERRED COMP 457(B) 554319 554319 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: AS OF SEPTEMBER 30, 2011 AND 2010, 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 AND LBERI 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, LSR, ALIVE OR SSA THAT WOULD NOT MEET THE MORE-LIKELY-THAN-NOT THRESHHOLD. 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, 2011, 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, 2007 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, 2011 AND 2010. X 1 1 X X X X 0 1 0 0 0 0 0 1 0 DR ROBERT RUBIN 541899 0 80000 0 0 0 23881 0 12824 0 658604 0 0 0 RICHARD MCGIVNEY 197633 0 20000 0 0 0 21504 0 12123 0 251260 0 0 0 CHERYL N DEVAUL 163401 0 30000 0 0 0 18752 0 9553 0 221706 0 0 0 GARY LARUE 130356 0 5000 0 0 0 13455 0 11523 0 160334 0 0 0 WILLIAM E BECHTOLD 124087 0 15000 0 0 0 13547 0 9859 0 162493 0 0 0 PATRICIA MARX 0 284947 0 45000 0 0 0 23881 0 10915 0 364743 0 0 PART I, LINE 1A THE GROSS UP PAYMENT WAS FOR RELOCATION PROVIDED TO ONE DIRECTOR DURING THE FISCAL YEAR AND IS INCLUDED AS TAXABLE WAGES IN THE W-2. PART I, LINE 4B DR. RUBIN 457(F) PLAN - CONTRIBUTION IS $42,167 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. NEW MEXICO HOSPITAL EQUIPMENT LOAN COUNCIL 850426875 2009-06-01 11000000 RETIRE 2000A DEBT FACILITIES CONSTRUCTION 0 0 0 NEW MEXICO HOSPITAL EQUIPMENT LOAN COUNCIL 850426875 2004-09-15 5000000 EQUIPMENT 0 0 0 125000 5175000 5700000 411990 2010 1 0 0 1 5000000 2005 0 0 1 1 0 0 0 0 0 0.00000 0.00000 0.00000 1 0 0 0 0 0 0.00000 0.00000 0.00000 1 1 0 0 0 0 0 1 0 0 0 0 0 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. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUIEST. THE PUBLIC DISCLOSURE COPY OF THE FORM 990 IS ALSO AVAILABLE VIA GUIDESTAR. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -1,796,111. PRIOR PERIOD ADJUSTMENTS: 39,682. LOSS FROM SUBSIDIARY (LSR) -477,823. TOTAL TO FORM 990, PART XI, LINE 5: -2,234,252. SANDIA STAFFING ALLIANCE LLC 6301 INDIAN SCHOOL RD NE SUITE 204 ALBUQUERQUE NM 87110 320210366 RESEARCH AUGMENTATION NM 45884647 4840795 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 LOVELACE SCIENTIFIC RESOURCES 2441 RIDGECREST DR SE ALBUQUERQUE NM 87108 850357767 CLINICAL TRIALS AND OTHER MEDICAL SERVICES NM C 2314353 1396055 1.00000 1 0 0 1 0 0 0 0 1 0 0 0 1 1 1 1 0 0 LOVELACE SCIENTIFIC RESOURCES (1 - I M N O P) 227483 SANDIA STAFFING ALLIANCE (1 - ADIMNOP) -695644 LOVELACE BIOMEDICAL AND ENVIRONMENTAL RESEARCH INSTITUTE (1 - ADIMNOP 114142158 LOVELACE BIOMEDICAL AND ENVIRONMENTAL RESEARCH INSTITUTE (1 - ADIMNOP 114142158