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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Medical Research Lovelace Biomedical Research Institute

Lovelace Biomedical Research Institute

Fiscal year ending 2023. Filed on February 21, 2024.

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 2023 IRS Form 990 filing, Lovelace Biomedical Research Institute, a 501(c)(3) charitable organization, reported compensation for 9 out of 503 total employees. Among the employees shown here, the average compensation is $567,088. The highest compensated employee at Lovelace Biomedical Research Institute is Alan Kadish President with fiscal year 2023 compensation of $1,309,613.

Revenue, expenses, and employee compensation

Revenue

$112,131,523

Expenses

$94,680,185

Employee compensation

$35,367,569
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Alan Kadish President
AND Chairman of the Board
$1,309,613
$37,907 $1,044,121 $227,585
Robert Rubin, Ph.D.
CEO, Advisory Non-Voting Director
$954,602
$850,098 No related comp$104,504
Shannon Toma
Executive Vice President, Coo/Cfo
$706,749
$666,454 No related comp$40,295
Steven Belinsky Vp Academic
Research / SR Scientist
$438,795
$397,874 No related comp$40,921
Jacob McDonald
Vice President, Applied Science
$398,672
$355,090 No related comp$43,582
Kent Kiehl
Executive Science Officer
$398,096
$357,680 No related comp$40,416
David Flanders
Vice President, Human Resources
$320,826
$286,667 No related comp$34,159
Andrew Mayer
Vice President, Interdisciplinary SCIE
$290,163
$250,931 No related comp$39,232
Edward Barrett
SR Director, Pharmacology
$286,279
$247,479 No related comp$38,800

Benchmark Employee Compensation

Non-Employee Board Members

Chris Spencer Cpa Dir
Chair Budget and Finance(Thru 7/5/22)
Gregory Downey, M.D.
Director (Thru 7/5/22)
J Grant Burcham
Director (Thru 7/5/22)
Jackie Lovelace Johnson
Director
Jane Delgado
Director
Joseph D Mark
Director
Lawrence D Platt
Director
Major General John Doesburg
Director (Thru 7/5/22)
Margaret Retter
Director
Matthew F Bonilla
Special Appointee
Melvin Twiest, M.D.
Director (Thru 7/5/22)
Nicholas S Janiga
Special Appointee

Contractors

Sdv Construction Inc.
Construction
$3,509,146
Dkg and Associates Inc.
Construction
$1,887,839
Capstone Corporate Finance LLC
Broker
$1,516,411
Universal Protection Services LLC
Outsourced Security
$420,174
Summit Construction Inc.
Construction
$399,097

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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