Nonprofit · EIN 95-2138184
LUNDQUIST INSTITUTE FOR BIOMEDICAL INNOVATION AT HARBOR-UCLA MEDICAL
Also known as LA BIOMED
Tax-exempt · TORRANCE, CA 90502
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $94,550,669 | $106,850,446 | -$12,299,777 | $152,725,000 | $84,264,000 | $68,461,000 |
| June 30, 2024 | 990 | $97,191,937 | $104,834,129 | -$7,642,192 | $159,710,000 | $81,957,000 | $77,753,000 |
| June 30, 2023 | 990 | $91,625,062 | $99,189,062 | -$7,564,000 | $169,678,000 | $87,838,000 | $81,840,000 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $87,024,613
- of which government grants
- $82,350,613
- Program service revenue
- $5,511,761
- Investment income
- $1,640,318
- Royalties
- $195,000
- Net rental income
- $177,441
- Net gain from sales of assets
- $739,223
- Other revenue
- $373,977
Expenses
- Grants and similar amounts paid
- $231,132
- Compensation of officers, directors and key employees
- $2,990,321
- Other salaries and wages
- $48,649,093
- Salaries, compensation and benefits (total)
- $65,930,000
- Professional fundraising fees
- $0
- Legal fees
- $1,162,377
- Accounting fees
- $22,623
- Occupancy
- $5,515,651
- Travel
- $1,629,000
- Depreciation
- $5,517,000
- Program services (functional)
- $74,320,351
- Management and general (functional)
- $31,875,095
- Fundraising (functional)
- $655,000
Balance sheet and other
- Total assets, start of year
- $159,710,000
- Total assets, end of year
- $152,725,000
- Total liabilities, end of year
- $84,264,000
- Net assets, end of year
- $68,461,000
- Land, buildings and equipment
- $79,837,000
- Publicly traded securities
- $36,159,000
- Net assets without donor restrictions
- $51,371,000
- Net assets with donor restrictions
- $17,090,000
- Gross receipts
- $101,538,094
- Employees
- 858
- Volunteers
- 900
- Year formed
- 1952
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARIANNE GAUSCHE-HILL | INTERIM CEO Trustee or director, Officer | 40 | $924,056 | $1,599 |
| ASHRAF S IBRAHIM | INVESTIGATOR, PHD Highest-paid employee | 40 | $517,397 | $93,520 |
| WEI YAN | INVESTIGATOR, PHD Highest-paid employee | 40 | $365,646 | $41,383 |
| KERSTIN B LYNAM | CHIEF OPERATING OFFICER Key employee | 40 | $366,213 | $1,044 |
| IVAN I SHIN | SENIOR VICE PRESIDENT OF DEVELOPMENT Key employee | 40 | $330,273 | $34,064 |
| MATTHEW J BUDOFF | INVESTIGATOR, PHD Highest-paid employee | 40 | $281,074 | $64,070 |
| MICHAEL R JONES | CFO, SVP (UNTIL 07/2024) Officer | 40 | $329,596 | $8,236 |
| ROSEMARY E MADNICK | VP - RESEARCH ADMINISTRATION Key employee | 40 | $281,308 | $45,534 |
| KAREN L MAYO | VP FACILITIES AND SUPPORT OPERATIONS Key employee | 40 | $255,052 | $15,774 |
| ROXANNE TANOVICEANU | INVESTIGATOR, PHD Highest-paid employee | 40 | $238,760 | $26,549 |
| LINDA POLGREEN | INVESTIGATOR, PHD Highest-paid employee | 40 | $235,170 | $24,366 |
| DR HARRY ROSSITER | BOARD MEMBER/INVESTIGATOR Trustee or director | 40 | $188,823 | $20,303 |
| DR ERIC DAAR | VICE CHAIR/INVESTIGATOR Trustee or director, Officer | 26.53 | $112,280 | $2,099 |
| DR DELPHINE LEE | SECRETARY/INVESTIGATOR Trustee or director, Officer | 2 | $30,230 | $685 |
| DR LOREN MILLER | BOARD MEMBER/INVESTIGATOR Trustee or director | 17.08 | $28,729 | $0 |
16 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR JOE RAMOS | PRESIDENT/CEO Trustee or director, Officer | 40 | $0 |
| DR MITCHEL SAYARE | BOARD CHAIR, CHAIR - EXECUTIVE Trustee or director, Officer | 5 | $0 |
| MR TOM ANASTASSIOU | TREASURER Trustee or director, Officer | 2 | $0 |
| MR STEVEN NISSEN | CHAIR - GOVERNANCE NOMINATION Trustee or director | 2 | $0 |
| MS LAURA SURVANT | CHAIR - EXECUTIVE COMPENSATION Trustee or director | 2 | $0 |
| MR JOSEPH BERENATO | CHAIR - AUDIT/RISK MANAGEMENT Trustee or director | 2 | $0 |
| DR KELLY CALLAHAN | BOARD MEMBER Trustee or director | 1 | $0 |
| MR H FREDERICK CHRISTIE | BOARD MEMBER Trustee or director | 1 | $0 |
| DR CHRISTIAN DE VIRGILIO | BOARD MEMBER Trustee or director | 1 | $0 |
| DR GRISELDA GUTIERREZ | BOARD MEMBER Trustee or director | 1 | $0 |
| ELLIOT HINDS | BOARD MEMBER Trustee or director | 1 | $0 |
| DR CHRISTOPHER LEE | BOARD MEMBER Trustee or director | 1 | $0 |
| MS MELANIE LUNDQUIST | BOARD MEMBER Trustee or director | 1 | $0 |
| MR RICHARD LUNDQUIST | BOARD MEMBER Trustee or director | 1 | $0 |
| DR JOSEPH THOMAS | BOARD MEMBER Trustee or director | 1 | $0 |
| KEVIN WONG | CFO, ASSISTANT TREASURER Officer | 40 | $0 |
990 for the year ended June 30, 2024: 43 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DR DAVID MEYER | PRESIDENT/CEO - UNTIL 12/31/23 Trustee or director, Officer | 40 | $780,403 | $58,916 |
| ASHRAF S IBRAHIM | INVESTIGATOR, PHD Highest-paid employee | 40 | $550,738 | $123,341 |
| JODY SPILLANE | SR. VP PUBLIC AFFAIRS Key employee | 40 | $473,676 | $37,355 |
| IVAN SHIN | SR. VP OF DEVELOPMENT Key employee | 40 | $410,083 | $64,488 |
| MICHAEL R JONES | CFO, SVP Officer | 40 | $400,482 | $57,756 |
| WEI YAN | INVESTIGATOR, PHD Highest-paid employee | 40 | $303,213 | $80,432 |
| MATTHEW J BUDOFF | INVESTIGATOR, PHD Highest-paid employee | 40 | $275,918 | $78,339 |
| ROSEMARY E MADNICK | VP - RESEARCH ADMINISTRATION Key employee | 40 | $248,530 | $68,268 |
| MICHAEL R YEAMAN | INVESTIGATOR, PHD Highest-paid employee | 40 | $244,163 | $42,729 |
| KAREN L MAYO | VP FACILITIES AND SUPPORT OPS Highest-paid employee | 40 | $222,660 | $45,012 |
| MS LYNDA POLGREEN | BOARD MEMBER/INVESTIGATOR Trustee or director | 40 | $215,574 | $38,289 |
| DR HARRY ROSSITER | BOARD MEMBER/INVESTIGATOR Trustee or director | 40 | $179,781 | $31,922 |
| DR ERIC DAAR | VICE CHAIR/INVESTIGATOR Trustee or director, Officer | 40 | $126,046 | $22,058 |
| KERSTIN B LYNAM | CHIEF OPERATING OFFICER Officer | 40 | $125,287 | $14,187 |
| DR LYNNE SMITH | SECRETARY Trustee or director, Officer | 40 | $105,042 | $18,382 |
| DR LOREN MILLER | BOARD MEMBER/INVESTIGATOR Trustee or director | 40 | $100,364 | $0 |
| MARIANNE GAUSCHE-HILL | INTERIM CEO Trustee or director, Officer | 10 | $33,646 | $1,763 |
| DR DELPHINE LEE | BOARD MEMBER/INVESTIGATOR Trustee or director | 10 | $21,701 | $3,798 |
| DR MITCHEL SAYARE | BOARD CHAIR, CHAIR - EXECUTIVE Trustee or director, Officer | 5 | $0 | $0 |
| MR SAM GLICK | VICE CHAIR, CHAIR - ADVANCEMENT Trustee or director, Officer | 2 | $0 | $0 |
| MR PAUL KUC | TREASURER, CHAIR - FINANCE Trustee or director, Officer | 2 | $0 | $0 |
| DR BILL DORFMAN | CHAIR - DEVELOPMENT COMMITTEE Trustee or director | 2 | $0 | $0 |
| MR STEVEN NISSEN | CHAIR - GOVERNANCE NOMINATION Trustee or director | 2 | $0 | $0 |
| MS LAURA SURVANT | CHAIR - EXECUTIVE COMPENSATION Trustee or director | 2 | $0 | $0 |
| MR JOSEPH BERENATO | CHAIR - AUDIT/RISK MANAGEMENT Trustee or director | 2 | $0 | $0 |
| MR DANIEL ROSENFELD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR CHRISTOPHER LEE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR SAMUEL TARICA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR CHRISTIAN DEVIRGILIO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR KELLY CALLAHAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR JOSEPH THOMAS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR DAVID HEBER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR ANISH MAHAJAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR GRISELDA GUTIERREZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MR H FREDERICK CHRISTIE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ELLIOT HINDS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MR NATE KIRTMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MR RICHARD LUNDQUIST | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MR TOM ANASTASSIOU | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MS HORTENSE ALLISON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MS MELANIE LUNDQUIST | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MS PAULA MADISON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MR CARL DICKERSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 35 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RICARDO AZZIZ | EVP/OPERATIONS/STRATEGY/SCI. AFFAIRS Officer | 40 | $643,436 | $26,546 |
| DAVID MEYER | PRESIDENT & CEO Trustee or director, Officer | 40 | $661,105 | $710 |
| ASHRAF IBRAHIM | INVESTIGATOR Highest-paid employee | 40 | $440,446 | $28,058 |
| WEI YAN | INVESTIGATOR Highest-paid employee | 40 | $333,735 | $10,924 |
| MATTHEW BUDOFF | INVESTIGATOR Highest-paid employee | 40 | $275,790 | $27,918 |
| JODY SPILLANE | SVP, PUBLIC AFFAIRS Key employee | 40 | $294,603 | $846 |
| ROSEMARY MADNICK | VP, RESEARCH ADMINISTRATION Key employee | 40 | $234,217 | $32,785 |
| KAREN MAYO | VP, SUPPORT OPERATIONS Key employee | 40 | $221,321 | $23,799 |
| MICHAEL YEAMAN | INVESTIGATOR Highest-paid employee | 40 | $230,398 | $0 |
| MS LYNDA POLGREEN | BOARD MEMBER/INVESTIGATOR Trustee or director | 40 | $215,218 | $804 |
| YAN XIONG | INVESTIGATOR Highest-paid employee | 40 | $213,788 | $0 |
| JOHN MUNZ | VP, HUMAN RESOURCES Key employee | 40 | $200,731 | $1,113 |
| DR HARRY ROSSITER | BOARD MEMBER/INVESTIGATOR Trustee or director | 40 | $172,475 | $644 |
| MICHAEL JONES | SVP & CFO Officer | 40 | $106,504 | $9,255 |
| DR ERIC DAAR | BOARD MEMBER/INVESTIGATOR/VICE CHAIR Trustee or director, Officer | 40 | $108,109 | $0 |
| DR LYNNE SMITH | SECRETARY/BOARD MEMBER/INVESTIGATOR Trustee or director, Officer | 40 | $88,249 | $0 |
| DR DELPHINE LEE | BOARD MEMBER/INVESTIGATOR Trustee or director | 40 | $19,756 | $0 |
| DR MITCHEL SAYARE | BOARD CHAIR, CHAIR - EXECUTIVE Trustee or director, Officer | 2 | $0 | $0 |
| MR PAUL KUC | CHAIR - FINANCE, TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| MR SAM GLICK | CHAIR - ADVANCEMENT, VICE CHAIR Trustee or director | 2 | $0 | $0 |
| MR STEVEN NISSEN | CHAIR - GOVERNANCE & NOMINATIONS Trustee or director | 2 | $0 | $0 |
| MS LAURA SURVANT | CHAIR - EXECUTIVE COMPENSATION Trustee or director | 2 | $0 | $0 |
| MR JOSEPH BERENATO | CHAIR - AUDIT/RISK MANAGEMENT Trustee or director | 2 | $0 | $0 |
| MR H FREDERICK CHRISTIE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DR CHRISTIAN DEVIRGILIO | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MR CARL DICKERSON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DR DAVID HEBER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MR NATE KIRTMAN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MR TOM ANASTASSIOU | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DR CHRISTOPHER LEE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MR RICHARD LUNDQUIST | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DR ANISH MAHAJAN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MR DANIEL ROSENFELD | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DR SAMUEL TARICA | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DR JOSEPH THOMAS | BOARD MEMBER/INVESTIGATOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1124 W CARSON ST, TORRANCE, CA 90502-2006
- In care of
- % FINANCE DEPT
- Principal officer (990 for 2024)
- DR JOE RAMOS, 1124 W CARSON ST MRL BLDG, TORRANCE, CA 90502
- Signed the 990
- KEVIN WONG, CFO, ASSISTANT TREASURER
- Phone
- (310) 222-3605
- Website
- WWW.LUNDQUIST.ORG
- Return prepared by
- WINDES INC
California records
California keeps its own records of charities and corporations. Search them by EIN 95-2138184 or by the name LUNDQUIST INSTITUTE FOR BIOMEDICAL INNOVATION AT HARBOR-UCLA MEDICAL.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
TO ENGAGE IN BIOMEDICAL RESEARCH, TRAIN YOUNG SCIENTISTS, AND PROVIDE COMMUNITY HEALTH SERVICES.
Program accomplishments
- 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.Expenses $39,373,000 · grants $231,132
- HEALTH CARE PROGRAM: LUNDQUIST INSTITUTE 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.Expenses $19,468,000 · revenue $5,511,761
- SCIENCE & TECHNOLOGY: TRAINING OF MEDICAL STUDENTS, INTERNS, RESIDENTS, AND POSTGRADUATES.Expenses $12,140,000
- OTHER PROGRAM SERVICES: INCLUDES SALES OF BIOMEDICAL SERVICES AND PRODUCTS AND ROYALTY PAYMENTS TO INVENTORS.Expenses $3,339,351
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 95-2138184
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Hospital or medical research organization
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1954
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Medical research (H900)
- Assets (IRS master file)
- $152,725,000
- Income (IRS master file)
- $101,538,094
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $94,550,669 | $106,850,446 | $152,725,000 | IRS |
| 990 | June 2024 | $97,191,937 | $104,834,129 | $159,710,000 | IRS |
| 990 | June 2023 | $91,625,062 | $99,189,062 | $169,678,000 | XML |
| 990 | June 2022 | $85,153,761 | $91,968,761 | $185,346,000 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 95-2138184).
Questions about LUNDQUIST INSTITUTE FOR BIOMEDICAL INNOVATION AT HARBOR-UCLA MEDICAL
- What is the EIN of LUNDQUIST INSTITUTE FOR BIOMEDICAL INNOVATION AT HARBOR-UCLA MEDICAL?
- The employer identification number (EIN) of LUNDQUIST INSTITUTE FOR BIOMEDICAL INNOVATION AT HARBOR-UCLA MEDICAL is 95-2138184.
- Is LUNDQUIST INSTITUTE FOR BIOMEDICAL INNOVATION AT HARBOR-UCLA MEDICAL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1954.
- Are donations to LUNDQUIST INSTITUTE FOR BIOMEDICAL INNOVATION AT HARBOR-UCLA MEDICAL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LUNDQUIST INSTITUTE FOR BIOMEDICAL INNOVATION AT HARBOR-UCLA MEDICAL file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LUNDQUIST INSTITUTE FOR BIOMEDICAL INNOVATION AT HARBOR-UCLA MEDICAL due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LUNDQUIST INSTITUTE FOR BIOMEDICAL INNOVATION AT HARBOR-UCLA MEDICAL last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of LUNDQUIST INSTITUTE FOR BIOMEDICAL INNOVATION AT HARBOR-UCLA MEDICAL?
- The 990 for the year ended June 30, 2025 names DR JOE RAMOS.
- Who are the officers and directors of LUNDQUIST INSTITUTE FOR BIOMEDICAL INNOVATION AT HARBOR-UCLA MEDICAL?
- The 990 for the year ended June 30, 2025 lists 31 people; 15 received compensation from the organization, the highest $924,056 (MARIANNE GAUSCHE-HILL, INTERIM CEO).
- How much revenue does LUNDQUIST INSTITUTE FOR BIOMEDICAL INNOVATION AT HARBOR-UCLA MEDICAL have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $94,550,669, expenses of $106,850,446 and total assets of $152,725,000 at year end.
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