EIN 85-0110669

Lovelace Biomedical Research Institute

Name: Lovelace Biomedical Research Institute financials for 2022
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

493

City

Albuquerque

State

New Mexico

Year formed

1965

Most recent tax filings

2022-06-01

NTEE code, primary

H90: Medical Specialty Research

Description

Lovelace Biomedical Research Institute is a private biomedical research organization dedicated to improving public health through disease prevention, treatment, and cure.

Also known as...

Lovelace Respiratory Research Institute

Total revenues

$71,507,956

2022

Total expenses

$66,188,457

2022

Total assets

$184,740,544

2022

Num. employees

493

2022

Program areas at Lovelace Biomedical Research Institute

Medical Research and educational activity in the areas of basic Biomedical Research, health and population studies, including respiratory diseases such as asthma, copd, allergy and toxic effects of environmental factors. Additional areas include neurologic conditions such as traumatic brain injury, addiction and psychopathy.

Who funds Lovelace Biomedical Research Institute

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
Emory University	2022-08	Research/subcontract	$117,294

Personnel at Lovelace Biomedical Research Institute

Name	Title	Compensation	Date of data
Robert Rubin	Board Member	$903,937	2023-01-24
Shannon Toma	Chief Operating Officer	$621,304	2023-03-24
Shannon Toma Treasurer	Executive Vice President , Chief Operating Officer and Chief Financial Officer	$748,043	2022-06-30
Scott Thatcher	Vice President , Finance / Vice President Finance and Accounting	$293,253	2021-09-30
David Flanders	Vice President , Human Resources	$312,114	2022-06-30
...and 23 more key personnel

Financials for Lovelace Biomedical Research Institute

Revenues	FYE 06/2022	FYE 09/2021	% Change
Total grants, contributions, etc.	$8,132,918	$12,922,849	-37.1%
Program services	$62,508,220	$74,903,418	-16.5%
Investment income and dividends	$1,283,511	$1,550,631	-17.2%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$26,911	$40,654	-33.8%
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$-452,020	$-179,517	-151.8%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$8,416	$17,593	-52.2%
Total revenues	$71,507,956	$89,255,628	-19.9%

Form 990s for Lovelace Biomedical Research Institute

Fiscal year ending	Date received by IRS	Form	PDF link
2022-06	2023-03-24	990	View PDF
2021-09	2022-06-20	990	View PDF
2020-09	2021-04-27	990	View PDF
2019-09	2021-03-23	990	View PDF
2018-09	2019-10-12	990	View PDF
...and 9 more Form 990s

Organizations like Lovelace Biomedical Research Institute

Organization	Type	Location	Revenue
Palo Alto Veterans Institute for Research (PAVIR)	501(c)(3)	Palo Alto, CA	$29,922,772
La Jolla Institute for Immunology (LIAI)	501(c)(3)	La Jolla, CA	$92,274,481
Coriell Institute for Medical Research	501(c)(3)	Camden, NJ	$23,280,611
Benaroya Research Institute at Virginia Mason	501(c)(3)	Seattle, WA	$94,861,276
Whitehead Institute for Biomedical Research	501(c)(3)	Cambridge, MA	$110,885,074
The Translational Genomics Research Institute	501(c)(3)	Phoenix, AZ	$47,789,496
Oklahoma Medical Research Foundation (OMRF)	501(c)(3)	Oklahoma City, OK	$107,744,875
Texas Biomedical Research Institute	501(c)(3)	San Antonio, TX	$65,045,950
Baylor Scott & White Research Institute	501(c)(3)	Dallas, TX	$70,312,625
The Lundquist Institute	501(c)(3)	Torrance, CA	$85,153,761

Data update history

November 25, 2023

Posted financials

Added Form 990 for fiscal year 2021

August 21, 2023

Received grants

Identified 1 new grant, including a grant for $117,294 from Emory University

July 5, 2023

Used new vendors

Identified 3 new vendors, including , , and

June 15, 2023

Posted financials

Added Form 990 for fiscal year 2022

June 9, 2023

Used new vendors

Identified 3 new vendors, including , , and

Nonprofit Types

Medical research organizationsResearch centersCharities

Issues

Science and technologyHealthDiseases and disorders

Characteristics

Conducts researchLobbyingReceives government fundingTax deductible donations

General information

Address: 2425 Ridgecrest Dr Se; Albuquerque, NM 87108
Metro area: Albuquerque, NM
County: Bernalillo County, NM
Website URL: lovelacebiomedical.org/
Phone: (505) 348-9361
Facebook page: lovelace-respiratory-research-institute
Twitter profile: @lrri

IRS details

EIN: 85-0110669
Fiscal year end: June
Taxreturn type: Form 990
Year formed: 1965
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: H90: Medical Specialty Research
NAICS code, primary: 5417: Scientific Research and Development Services
Parent/child status: Independent

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Lovelace Biomedical Research Institute

Program areas at Lovelace Biomedical Research Institute

Who funds Lovelace Biomedical Research Institute

Personnel at Lovelace Biomedical Research Institute

Financials for Lovelace Biomedical Research Institute

Form 990s for Lovelace Biomedical Research Institute

Organizations like Lovelace Biomedical Research Institute

Nonprofits

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