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Nonprofiteer
← BECKMAN RESEARCH INSTITUTE

Form 990 for tax year 2024

Filed by BECKMAN RESEARCH INSTITUTE.

Totals

Total revenue
$332,532,052
Total expenses
$385,146,731
Contributions and grants received
$185,551,567
Grants paid
$0
Program services expenses (Part IX)
$318,236,055
Management and general expenses
$66,774,602
Fundraising expenses
$136,074
Program service expenses (Part III)
$318,236,055

Program services were 82.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • STEVEN B FINK

    DIRECTOR & CHAIR OF THE BOARD

    Total calculated
    $0
    Hours/week
    2 + 12 related
  • CHARLOTTE HUBBERT PHD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • DEBBIE C THURMOND

    DIRECTOR/PROFESSOR

    Total calculated
    $462,496
    From this org
    $435,629
    From related orgs
    $0
    Other
    $26,867
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $421,625
    Bonus
    $11,628
    Other
    $2,376
    Deferred
    $0
    Nontaxable benefits
    $26,867
    Filer's total
    $462,496
  • EMMET STEPHENSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • JULIAN HUSBANDS MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • MINA NAZEMI PACHECO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • NORMAN PAYSON MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • SARO ARMENIAN DO MPH

    DIRECTOR/PROFESSOR

    Total calculated
    $0
    Hours/week
    2
  • SELWYN ISAKOW

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 10 related
  • STEPHANIE OKEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 4 related
  • TERENCE WILLIAMS MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • TODD M BINDER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • CRISTIN OCALLAHAN

    SECRETARY/GENERAL COUNSEL

    Total calculated
    $1,606,014
    From this org
    $223,583
    From related orgs
    $1,131,468
    Other
    $250,963
    Hours/week
    10 + 50 related

    Schedule J breakdown matched by us

    Base
    $120,036 + $607,460 related
    Bonus
    $96,139 + $486,520 related
    Other
    $7,408 + $37,488 related
    Deferred
    $35,664 + $180,480 related
    Nontaxable benefits
    $5,745 + $29,074 related
    Filer's total
    $264,992 + $1,341,022 related
  • DONALD J MATTHEWSON

    ASSISTANT TREASURER/VP, TREASURY & FINANCIAL STRATEGY

    Total calculated
    $659,120
    From this org
    $123,785
    From related orgs
    $495,140
    Other
    $40,195
    Hours/week
    12 + 48 related

    Schedule J breakdown matched by us

    Base
    $93,398 + $373,592 related
    Bonus
    $24,060 + $96,240 related
    Other
    $6,327 + $25,308 related
    Deferred
    $5,121 + $20,484 related
    Nontaxable benefits
    $2,918 + $11,672 related
    Filer's total
    $131,824 + $527,296 related
  • JO ANN ESCASA-HAIGH

    ASSISTANT TREASURER/CHIEF BUSINESS OFFICER

    Total calculated
    $2,247,700
    From this org
    $398,030
    From related orgs
    $1,592,119
    Other
    $257,551
    Hours/week
    12 + 48 related

    Schedule J breakdown matched by us

    Base
    $235,344 + $941,376 related
    Bonus
    $159,226 + $636,903 related
    Other
    $3,460 + $13,840 related
    Deferred
    $46,552 + $186,207 related
    Nontaxable benefits
    $4,958 + $19,834 related
    Filer's total
    $449,540 + $1,798,160 related
  • ROBERT W STONE

    PRESIDENT & CEO

    Total calculated
    $7,115,860
    From this org
    $407,739
    From related orgs
    $5,677,911
    Other
    $1,030,210
    Hours/week
    4 + 56 related

    Schedule J breakdown matched by us

    Base
    $145,402 + $2,024,773 related
    Bonus
    $248,748 + $3,463,902 related
    Other
    $13,589 + $189,236 related
    Deferred
    $67,360 + $938,015 related
    Nontaxable benefits
    $1,664 + $23,171 related
    Filer's total
    $476,763 + $6,639,097 related
  • YVETTE TREMONTI

    TREASURER/CHIEF FINANCIAL OFFICER

    Total calculated
    $952,184
    From this org
    $142,584
    From related orgs
    $721,560
    Other
    $88,040
    Hours/week
    10 + 50 related

    Schedule J breakdown matched by us

    Base
    $81,948 + $414,700 related
    Bonus
    $59,166 + $299,418 related
    Other
    $1,470 + $7,442 related
    Deferred
    $11,449 + $57,937 related
    Nontaxable benefits
    $3,078 + $15,576 related
    Filer's total
    $157,111 + $795,073 related
  • ASHLEY BAKER LEE

    SVP, RESEARCH OPERATIONS

    Total calculated
    $1,229,972
    From this org
    $905,243
    From related orgs
    $226,311
    Other
    $98,418
    Hours/week
    48 + 12 related

    Schedule J breakdown matched by us

    Base
    $447,907 + $111,977 related
    Bonus
    $269,928 + $67,482 related
    Other
    $187,408 + $46,852 related
    Deferred
    $64,509 + $16,127 related
    Nontaxable benefits
    $14,226 + $3,556 related
    Filer's total
    $983,978 + $245,994 related
  • DAVID A HORNE

    VICE PRVST & DEPTY DIR BRI & DN FAC AFF

    Total calculated
    $1,039,084
    From this org
    $957,248
    From related orgs
    $0
    Other
    $81,836
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $614,793
    Bonus
    $276,687
    Other
    $65,768
    Deferred
    $71,483
    Nontaxable benefits
    $10,353
    Filer's total
    $1,039,084
  • DAVID CRAIG

    DEP DIR, INTEGR TRANSLTNL SCI

    Total calculated
    $513,229
    From this org
    $387,829
    From related orgs
    $96,957
    Other
    $28,443
    Hours/week
    48 + 12 related

    Schedule J breakdown matched by us

    Base
    $387,397 + $96,849 related
    Bonus
    $0
    Other
    $432 + $108 related
    Deferred
    $3,333 + $833 related
    Nontaxable benefits
    $19,422 + $4,855 related
    Filer's total
    $410,584 + $102,645 related
  • DEBRA F FIELDS

    EXEC VP & CHIEF TRANSFORMATION OFC

    Total calculated
    $2,228,521
    From this org
    $386,638
    From related orgs
    $1,546,554
    Other
    $295,329
    Hours/week
    12 + 48 related

    Schedule J breakdown matched by us

    Base
    $206,881 + $827,526 related
    Bonus
    $163,120 + $652,480 related
    Other
    $16,637 + $66,548 related
    Deferred
    $50,425 + $201,699 related
    Nontaxable benefits
    $8,641 + $34,564 related
    Filer's total
    $445,704 + $1,782,817 related
  • JOHN D CARPTEN

    CHF SCI OFF, BRI DIR, CANC CTR DIR

    Total calculated
    $1,563,882
    From this org
    $733,649
    From related orgs
    $600,258
    Other
    $229,975
    Hours/week
    33 + 27 related

    Schedule J breakdown matched by us

    Base
    $474,097 + $387,897 related
    Bonus
    $254,018 + $207,833 related
    Other
    $5,534 + $4,528 related
    Deferred
    $111,391 + $91,138 related
    Nontaxable benefits
    $15,095 + $12,351 related
    Filer's total
    $860,135 + $703,747 related
  • MARCELLUS R VAN DEN BRINK MD PHD

    COHNMC PRESIDENT & CHF PHYS EXEC

    Total calculated
    $2,570,014
    From this org
    $220,003
    From related orgs
    $1,980,029
    Other
    $369,982
    Hours/week
    6 + 54 related

    Schedule J breakdown matched by us

    Base
    $149,861 + $1,348,753 related
    Bonus
    $64,094 + $576,846 related
    Other
    $6,048 + $54,430 related
    Deferred
    $34,687 + $312,183 related
    Nontaxable benefits
    $2,311 + $20,801 related
    Filer's total
    $257,001 + $2,313,013 related
  • SIMON NAZARIAN

    CHIEF DIGITAL OFFICER

    Total calculated
    $935,808
    From this org
    $179,376
    From related orgs
    $717,504
    Other
    $38,928
    Hours/week
    12 + 48 related

    Schedule J breakdown matched by us

    Base
    $58,834 + $235,338 related
    Bonus
    $120,000 + $480,000 related
    Other
    $542 + $2,166 related
    Deferred
    $6,458 + $25,834 related
    Nontaxable benefits
    $1,327 + $5,309 related
    Filer's total
    $187,161 + $748,647 related
  • STEVEN TERRY ROSEN MD

    EVP,DIR EMERITUS COMP CANC CTR & BRI

    Total calculated
    $1,947,886
    From this org
    $1,545,189
    From related orgs
    $171,688
    Other
    $231,009
    Hours/week
    54 + 6 related

    Schedule J breakdown matched by us

    Base
    $873,408 + $97,045 related
    Bonus
    $583,557 + $64,840 related
    Other
    $88,224 + $9,803 related
    Deferred
    $198,982 + $22,109 related
    Nontaxable benefits
    $8,926 + $992 related
    Filer's total
    $1,753,097 + $194,789 related
  • EDWARD S KIM

    DIRECTOR, SYSTEM CLIN TRIALS

    Total calculated
    $1,736,553
    From this org
    $406,215
    From related orgs
    $1,218,644
    Other
    $111,694
    Hours/week
    15 + 47 related

    Schedule J breakdown matched by us

    Base
    $274,904 + $824,713 related
    Bonus
    $110,028 + $330,083 related
    Other
    $21,283 + $63,848 related
    Deferred
    $18,574 + $55,723 related
    Nontaxable benefits
    $9,349 + $28,048 related
    Filer's total
    $434,138 + $1,302,415 related
  • HARLAN ALCON LEVINE

    PRES, HLTH INNOVATION & POLICY

    Total calculated
    $2,496,845
    From this org
    $405,752
    From related orgs
    $1,799,423
    Other
    $291,670
    Hours/week
    11 + 49 related

    Schedule J breakdown matched by us

    Base
    $206,643 + $916,423 related
    Bonus
    $179,181 + $794,626 related
    Other
    $19,928 + $88,374 related
    Deferred
    $49,105 + $217,771 related
    Nontaxable benefits
    $4,562 + $20,232 related
    Filer's total
    $459,419 + $2,037,426 related
  • JIANJUN CHEN

    CHAIRPERSON/PROFESSOR

    Total calculated
    $1,393,755
    From this org
    $1,373,134
    From related orgs
    $0
    Other
    $20,621
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $523,129
    Bonus
    $828,902
    Other
    $21,103
    Deferred
    $0
    Nontaxable benefits
    $20,621
    Filer's total
    $1,393,755
  • KEVIN MANEMANN

    EVP & CHIEF INTEGRATION OFFCR

    Total calculated
    $2,017,128
    From this org
    $89,502
    From related orgs
    $1,700,537
    Other
    $227,089
    Hours/week
    3 + 57 related

    Schedule J breakdown matched by us

    Base
    $50,200 + $953,797 related
    Bonus
    $39,033 + $741,627 related
    Other
    $269 + $5,113 related
    Deferred
    $9,503 + $180,565 related
    Nontaxable benefits
    $1,851 + $35,170 related
    Filer's total
    $100,856 + $1,916,272 related
  • KRISTIN BERTELL

    CHIEF PHILANTHROPY OFFICER

    Total calculated
    $1,621,424
    From this org
    $45,571
    From related orgs
    $1,335,377
    Other
    $240,476
    Hours/week
    2 + 58 related

    Schedule J breakdown matched by us

    Base
    $25,161 + $737,308 related
    Bonus
    $18,701 + $547,998 related
    Other
    $1,709 + $50,071 related
    Deferred
    $6,642 + $194,627 related
    Nontaxable benefits
    $1,294 + $37,913 related
    Filer's total
    $53,507 + $1,567,917 related
  • JENNIFER PARKHURST

    FORMER OFFICER

    Total calculated
    $1,250,021
    From this org
    $242,399
    From related orgs
    $969,596
    Other
    $38,026
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $44,218 + $176,871 related
    Bonus
    $30,000 + $120,000 related
    Other
    $168,181 + $672,725 related
    Deferred
    $3,228 + $12,912 related
    Nontaxable benefits
    $4,377 + $17,509 related
    Filer's total
    $250,004 + $1,000,017 related
  • MARK HULSE

    FORMER CHIEF DIGITAL OFFICER

    Total calculated
    $313,147
    From this org
    $59,542
    From related orgs
    $238,166
    Other
    $15,439
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $33,299 + $133,193 related
    Bonus
    $15,000 + $60,000 related
    Other
    $11,243 + $44,973 related
    Deferred
    $2,012 + $8,048 related
    Nontaxable benefits
    $1,076 + $4,303 related
    Filer's total
    $62,630 + $250,517 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · First-class or charter travel
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 1A FIRST-CLASS OR CHARTER TRAVEL
BECKMAN RESEARCH INSTITUTE PERMITS FIRST CLASS TRAVEL FOR CERTAIN OFFICERS, DIRECTORS, AND KEY EXECUTIVES IN LIMITED CIRCUMSTANCES WHEN SPECIFIED TRAVEL CRITERIA ARE MET.
SCHEDULE J, PART I, LINE 4B SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN
CITY OF HOPE HAS A NON QUALIFIED SECTION 457(F) EXECUTIVE SUPPLEMENTAL ACCUMULATION PLAN THAT IS DESIGNED AND MAINTAINED TO PROVIDE A SELECT GROUP OF MANAGEMENT OR HIGHLY COMPENSATED EMPLOYEES WITH DEFERRED COMPENSATION. THE PLAN VESTS AFTER THREE (3) FISCAL YEARS OF SERVICE AND THE VESTED TOTALS ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (B) (III). PRIOR TO VESTING, THE ANNUAL CONTRIBUTION AMOUNTS ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (C). PURSUANT TO THE PLAN DOCUMENT, VESTED PARTICIPANTS ARE ENTITLED TO WITHDRAW FROM THEIR VESTED ACCOUNT AN AMOUNT EQUAL TO THE FEDERAL, STATE, LOCAL AND FICA TAXES THEY OWE. THESE AMOUNTS ARE REMITTED TO THE APPROPRIATE TAXING AUTHORITIES ON BEHALF OF THE PARTICIPANTS. DURING CALENDAR YEAR 2024, NO INDIVIDUALS WITHDREW AMOUNTS TO COVER SUCH TAXES.
SCHEDULE J, PART I, LINE 7 NON-FIXED PAYMENTS
BECKMAN RESEARCH INSTITUTE'S EXECUTIVES AND CERTAIN KEY EMPLOYEES ARE ELIGIBLE TO RECEIVE INCENTIVE COMPENSATION UNDER AN ANNUAL INCENTIVE PLAN (AIP) TIED TO ORGANIZATIONAL KEY PERFORMANCE INDICATORS AND INDIVIDUAL OBJECTIVES. THE KEY PERFORMANCE INDICATORS REFLECT KEY AREAS OF STRATEGIC FOCUS AND THE EXEMPT HEALTHCARE MISSION OF CITY OF HOPE AND AFFILIATES AND ARE BOTH FINANCIAL AND NON-FINANCIAL. THE POTENTIAL INCENTIVE COMPENSATION IS BASED ON A WEIGHTED AVERAGE AMONG ALL INDICATORS AND IS PAID AS A PERCENTAGE OF EACH INDIVIDUAL PARTICIPANT'S BASE COMPENSATION. THE KEY PERFORMANCE INDICATORS ARE WEIGHTED BASED ON THE PARTICIPANT'S PRIMARY AREA(S) OF RESPONSIBILITY, WITH ORGANIZATIONAL KEY PERFORMANCE INDICATORS WEIGHTED FROM 70 PERCENT TO 90 PERCENT, AND THE INDIVIDUAL OBJECTIVES WEIGHTED FROM 10 PERCENT TO 30 PERCENT. THE AIP IS UNDER THE CONTROL OF, AND ADMINISTERED BY, THE INDEPENDENT DIRECTORS SERVING ON THE EXECUTIVE COMPENSATION AND GOVERNANCE COMMITTEE. TO BE ELIGIBLE, THE PARTICIPANTS IN THE AIP MUST BE EMPLOYED BY CITY OF HOPE AT THE TIME OF THE INCENTIVE PLAN PAYMENT, AND BE MEETING OR EXCEEDING PERFORMANCE EXPECTATIONS. CITY OF HOPE MAY, IN ITS DISCRETION, CANCEL ALL OR A PORTION OF ANY INCENTIVE PLAN PAYMENT OR AWARD TO ANY PARTICIPANT, WHETHER BEFORE OR FOLLOWING PAYMENT OF SUCH AWARD, SUBJECT TO COMPLIANCE WITH APPLICABLE LAW, UNDER THE FOLLOWING CIRCUMSTANCES (CANCELLATION POLICY): A) AN INCENTIVE PLAN PAYMENT OR AWARD IS MADE FOR A FISCAL PERIOD AND CITY OF HOPE SUBSEQUENTLY RESTATES OR OTHERWISE ADJUSTS THE ANNUAL PERFORMANCE MEASUREMENT CALCULATION IN A MANNER THAT WOULD REDUCE THE SIZE OF THE AWARD OR PAYMENT, OR; B) AN INCENTIVE PLAN PAYMENT OR AWARD IS MADE FOR A FISCAL PERIOD AND CITY OF HOPE SUBSEQUENTLY DETERMINES THAT ONE OF MORE OF THE ANNUAL PERFORMANCE MEASUREMENT CALCULATIONS ON WHICH THE AWARD IS BASED OR IS PAID ARE MATERIALLY INACCURATE. THE AIP INCENTIVE COMPENSATION EARNED FOR FISCAL YEAR 2024 WAS PAID IN CALENDAR YEAR 2024 AND THESE AMOUNTS HAVE BEEN REPORTED IN SCHEDULE J, PART II, COLUMN (B)(II). ADDITIONALLY, BECKMAN RESEARCH INSTITUTE HAS AN EXECUTIVE LONG-TERM INCENTIVE (LTI) PLAN FOR CERTAIN EXECUTIVES WHICH IS DESIGNED TO DRIVE LONG-TERM ORGANIZATIONAL PERFORMANCE AND TRANSFORMATION BY ALIGNING EXECUTIVES WITH THE MULTI-YEAR STRATEGIC PLAN AND INCENTIVIZING THEM FOR ACHIEVING KEY ORGANIZATIONAL AND STRATEGIC OBJECTIVES AND GOALS. WITH THREE-YEAR VESTING PERIODS, THE PLAN ALSO PROVIDES A MEANS FOR RETAINING KEY EXECUTIVE TALENT. THE PERFORMANCE PERIOD OF THE PLAN (CYCLE 10) RAN FROM OCTOBER 1, 2021 THROUGH SEPTEMBER 30, 2024 WITH A NEW THREE-YEAR PERFORMANCE PERIOD BEGINNING EACH OCTOBER 1ST THEREAFTER (E.G., CYCLE 11 RUNS FROM OCTOBER 1, 2022 THROUGH SEPTEMBER 30, 2025). TO BE ELIGIBLE TO PARTICIPATE IN ANY PAYOUT UNDER THE PLAN, PARTICIPANTS MUST BE ACTIVELY EMPLOYED BY CITY OF HOPE AT THE TIME OF THE INCENTIVE PLAN PAYMENT, AND BE MEETING OR EXCEEDING PERFORMANCE EXPECTATIONS. WHILE THE PLAN DOES MEET THE REQUIREMENTS FOR A SUBSTANTIAL RISK OF FORFEITURE, AS OF THE CALENDAR YEAR ENDING DECEMBER 31, 2024, THE POTENTIAL LTI AMOUNTS HAVE BEEN ESTIMATED AND ACCRUED DURING THE CURRENT TAX YEAR AND ARE REPORTED AS DEFERRED COMPENSATION TO THE PLAN PARTICIPANTS IN SCHEDULE J, PART II, COLUMN (C). THE LTI PLAN IS SUBJECT TO THE SAME CANCELLATION POLICY AS THE AIP DESCRIBED PREVIOUSLY. PARTICIPANTS WHO MET THE ELIGIBILITY CRITERIA RECEIVED A PAYOUT OF PLAN CYCLE 10 LTI INCENTIVES (OCTOBER 1, 2021 THROUGH SEPTEMBER 30, 2024) IN DECEMBER 2024. THESE AMOUNTS HAVE BEEN REFLECTED IN SCHEDULE J, PART II, COLUMN (B)(II).
SCHEDULE J, PART II EMPLOYEES SERVING AS MEMBERS OF THE BOARD OF DIRECTORS
DEBBIE THURMOND, PH.D., IS MEMBER OF BECKMAN RESEARCH INSTITUTE'S BOARD OF DIRECTORS IN ADDITION TO BEING AN EMPLOYEE OF BECKMAN RESEARCH INSTITUTE. DR. THURMOND IS THE DIRECTOR OF THE ARTHUR RIGGS DIABETES & METABOLISM RESEARCH INSTITUTE AND A RENOWNED RESEARCH SCIENTIST, PROFESSOR AND THE FOUNDING CHAIR OF THE DEPARTMENT OF MOLECULAR AND CELLULAR ENDOCRINOLOGY. NO INDIVIDUALS WERE COMPENSATED FOR THEIR SERVICES AS MEMBERS OF BECKMAN RESEARCH INSTITUTE'S BOARD OF DIRECTORS. COMPENSATION EARNED BY INDIVIDUALS EMPLOYED BY BECKMAN RESEARCH INSTITUTE IS REPORTED ON FORM 990, PART VII, SECTION A AND SUBSEQUENTLY ON SCHEDULE J, PART II.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
IRS schema version
2024v5.1
Source object
202622259349301227

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