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Organizations Medical Research Lovelace Biomedical Research Institute

Lovelace Biomedical Research Institute

Fiscal year ending 2020. Filed on April 16, 2021.

2425 Ridgecrest Drive SE
Albuquerque, New Mexico 87108

Lovelace Biomedical Research Institute (EIN: 85-0110669) has filed an IRS Form 990 between fiscal years 2017 and 2024. In its fiscal year 2020 IRS Form 990 filing, Lovelace Biomedical Research Institute, a 501(c)(3) charitable organization, reported compensation for 8 out of 33 total employees. Among the employees shown here, the average compensation is $325,574. The highest compensated employee at Lovelace Biomedical Research Institute is Robert Rubin, Ph.D. with fiscal year 2020 compensation of $946,072.

Revenue, expenses, and employee compensation

Revenue

$76,388,415

Expenses

$74,188,991

Employee compensation

$31,278,062
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Robert Rubin, Ph.D.
Chief Executive Officer and President and Director
$946,072
$0 $828,760 $117,312
Shannon Toma
Treasurer, Executive Vice President, COO, C
$650,090
$621,304 No related comp$28,786
David Flanders
Human Resources Vice President
$235,641
$209,023 No related comp$26,618
Chester Leach
Scientist Emeritus
$210,520
$209,608 No related comp$912
Nandakumar Ranganathan
Information Technology Director
$164,237
$148,744 No related comp$15,493
Margaret McMullen
BUS DEV OPS Manager
$147,652
$133,376 No related comp$14,276
Buffie Kerstetter
Business Develop Manager
$140,501
$129,116 No related comp$11,385
Frances Laur
Assistant Secretary
$109,876
$98,460 No related comp$11,416

Benchmark Employee Compensation

Non-Employee Board Members

Augustine Choi, M.D.
Director (Part-Year)
Chris Spencer Cpa Dir Chair
Budget and Finance Committee
Gregory Downey, M.D.
Director
J Grant Burcham
Director
Jackie Lovelace Johnson
Board Chair
Jane Delgado Dir Vice Chair
Chair of Nominating Committee
Major General John Doesburg
Director
Melvin Twiest, M.D.
Director
Pamela Sullivan Dir Chair
Audit and Compensation Commi
Richard Gill, Ph.D.
Director
Sandra Chavez
Director
Sara Easterson-Bond
Director

Contractors

Moss Adams LLP
Consultant
$901,061
Capstone Corporate Finance LLC
Professional
$271,512
Kpmg LLP
Audit
$126,537

Mission Statement

THE LOVELACE BIOMEDICAL RESEARCH INSTITUTE (LBRI) IS A PRIVATE, BIOMEDICAL RESEARCH ORGANIZATION DEDICATED TO IMPROVING PUBLIC HEALTH THROUGH RESEARCH ON THE PREVENTION, DIAGNOSIS, TREATMENT AND CURE OF DISEASES. LBRI IS DEDICATED TO THE DISCOVERY AND ADVANCEMENT OF CLINICAL SOLUTIONS FOR PREVENTION, DIAGNOSIS, TREATMENT AND CURING DISEASES THROUGH RESEARCH. THE RESEARCH IS AIMED AT UNDERSTANDING THEIR CAUSES AND BIOLOGICAL MECHANISMS; ASSESSING AND ELIMINATING EXPOSURES TO RESPIRATORY, NEUROLOGICAL AND OTHER HEALTH HAZARDS; MENTAL ILLNESS; TRAUMATIC BRAIN INJURY AND OTHER BRAIN DISORDERS; AND DEVELOPING IMPROVED THERAPEUTICS, VACCINES, AND DIAGNOSTICS. LBRI IS BASED IN ALBUQUERQUE, NEW MEXICO.

Revisions to this organization profile

May 12, 2025:
2024 Lovelace Biomedical Research Institute 990 filed
February 21, 2024:
2023 Lovelace Biomedical Research Institute 990 filed
March 25, 2023:
2022 Lovelace Biomedical Research Institute 990 filed

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