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Nonprofit · EIN 74-1109630

TEXAS BIOMEDICAL RESEARCH INSTITUTE

Tax-exempt · SAN ANTONIO, TX 78245

Financials

$83.2M$83.8M2023$75.2M$94.6M2024
Revenue Expenses · by fiscal year end
Financials of TEXAS BIOMEDICAL RESEARCH INSTITUTE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$75,183,345$94,648,073-$19,464,728$366,564,882$224,671,517$141,893,365
December 31, 2023990$83,244,840$83,762,418-$517,578$246,678,578$95,649,136$151,029,442
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$68,875,011
of which government grants
$61,783,690
Program service revenue
$1,295,876
Investment income
$3,378,655
Royalties
$971,262
Net rental income
-$527,340
Net gain from sales of assets
$813,950
Other revenue
$1,633,803

Expenses

Grants and similar amounts paid
$497,338
Compensation of officers, directors and key employees
$3,423,329
Other salaries and wages
$34,830,044
Salaries, compensation and benefits (total)
$48,057,699
Professional fundraising fees
$0
Legal fees
$567,341
Accounting fees
$162,506
Occupancy
$2,452,993
Travel
$501,118
Depreciation
$8,092,503
Program services (functional)
$51,785,365
Management and general (functional)
$41,914,316
Fundraising (functional)
$948,392

Balance sheet and other

Total assets, start of year
$246,678,578
Total assets, end of year
$366,564,882
Total liabilities, end of year
$224,671,517
Net assets, end of year
$141,893,365
Land, buildings and equipment
$115,169,181
Publicly traded securities
$46,904,541
Net assets without donor restrictions
$91,985,783
Net assets with donor restrictions
$49,907,582
Gross receipts
$103,250,605
Employees
549
Volunteers
0
Year formed
1941
State of legal domicile
TX

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
DR LARRY SCHLESINGERPRESIDENT, CEO
Officer
40$794,181$67,540
MR BRUCE EDWARDSEXECUTIVE VP, CFO
Officer
40$465,009$74,493
DR CORY HALLAMEXECUTIVE VP, ASI
Key employee
40$341,482$54,714
DR DEEPAK KAUSHALPROFESSOR (RESEARCH)
Highest-paid employee
40$335,813$55,040
MRS CORINNA ROSSDIRECTOR, SNPRC
Key employee
40$291,873$55,006
MR JOHN MARTY HEANER JRVP, IT AND CTO
Key employee
40$286,062$49,038
MRS REBECCA MADEREVP, HUMAN RESOURCES
Key employee
40$288,988$40,769
MR MATT MAJORSVP, OPERATIONS
Key employee
40$265,861$55,323
DR TIMOTHY ANDERSONPROFESSOR (RESEARCH)
Highest-paid employee
40$270,440$49,069
DR JORDI TORRELLESPROFESSOR (RESEARCH)
Highest-paid employee
40$277,278$33,802
DR RICARDO CARRION JRPROFESSOR (ASI)
Highest-paid employee
40$260,407$48,282
MRS SHELLEY COLEINTERIM VP, RESEARCH
Key employee
40$241,841$51,150
DR EDWARD DICK JRPROFESSOR (VETERINARIAN)
Highest-paid employee
40$262,492$25,064
MR DAVID Q BATES JRTRUSTEE
Trustee or director
1$98,346$0
DR JAMES JAMO RUBINVICE CHAIRMAN
Trustee or director, Officer
1$0$0
29 more people on this return
NameTitleHours / weekCompensation
DR C COLLINS ANDY ANDERSON IIITRUSTEE
Trustee or director
1$0
MR JAMES B JAMIE SMITH JRSECRETARY
Trustee or director, Officer
1$0
MR REX AMINITRUSTEE
Trustee or director
1$0
MR DAVID BOHNETRUSTEE
Trustee or director
1$0
MR CRAIG BOYANCHAIRMAN
Trustee or director, Officer
2$0
MR ROBERT M BOBBY CAVENDERTRUSTEE
Trustee or director
1$0
MR HENRY CISNEROSTRUSTEE
Trustee or director
1$0
MR JOHN COWELLTRUSTEE
Trustee or director
1$0
DR CRAIG FRANCESTRUSTEE
Trustee or director
1$0
MRS ASHLEY HIXONTRUSTEE
Trustee or director
1$0
MRS ABIGAIL G KAMPMANNTRUSTEE
Trustee or director
1$0
MR JOHN C KERRTRUSTEE
Trustee or director
1$0
DR MITCHELL KRONENBERGTRUSTEE
Trustee or director
1$0
MRS CAROLYN H LABATTTRUSTEE
Trustee or director
1$0
MR DAN MILLERTRUSTEE
Trustee or director
1$0
MR LEWIS J LEW MOORMAN IVTRUSTEE
Trustee or director
1$0
DR DACIA NAPIERTRUSTEE
Trustee or director
1$0
DR GEORGE PEOPLES JRTRUSTEE
Trustee or director
1$0
MR AL RAJWANITRUSTEE
Trustee or director
1$0
MRS CORINNA RICHTERTRUSTEE
Trustee or director
1$0
MRS JENNA SAUCEDO-HERRERATRUSTEE
Trustee or director
1$0
MR JEFF SINNOTTTRUSTEE
Trustee or director
1$0
MR LANE RIGGSTRUSTEE
Trustee or director
1$0
MRS SHERYL SCULLEYTRUSTEE
Trustee or director
1$0
MRS MARSHA M SHIELDSTRUSTEE
Trustee or director
1$0
MR CHARLES CHUCK URSCHEL SLICKTRUSTEE
Trustee or director
1$0
MR JOE STRAUS IIITRUSTEE
Trustee or director
1$0
MR JOHN B ZACHRYTRUSTEE
Trustee or director
1$0
MS ALLISON ZELLERTRUSTEE
Trustee or director
1$0
990 for the year ended December 31, 2023: 45 people
NameTitleHours / weekCompensationOther / benefits
DR LARRY SCHLESINGERPRESIDENT & CEO
Officer
40$758,120$65,374
DR DEEPAK KAUSHALPROFESSOR (RESEARCH)
Highest-paid employee
40$386,810$50,434
MR BRUCE EDWARDSEXECUTIVE VICE PRESIDENT & CFO
Officer
40$367,481$68,802
DR JOANNE TURNEREXECUTIVE VICE PRESIDENT, RESEARCH
Key employee
40$373,547$37,658
DR AKUDO ANYANWUVP, DEVELOPMENT
Key employee
40$308,852$40,511
MR JOHN M MARTY HEANERVP, INFORMATION TECHNOLOGY
Highest-paid employee
40$288,723$47,315
MRS CORRINA ROSSDIRECTOR OF SNPRC
Key employee
40$285,308$48,160
DR CORY HALLAMVP, BUSINESS DEVELOPMENT
Key employee
40$281,300$51,049
DR TIMOTHY ANDERSONPROFESSOR (RESEARCH)
Highest-paid employee
40$275,588$48,690
DR RICARDO CARRIONPROFESSOR (ASI)
Highest-paid employee
40$253,910$46,887
DR JORDI TORRELLESPROFESSOR (RESEARCH)
Highest-paid employee
40$256,040$31,987
MR DAVID Q BATES JRTRUSTEE
Trustee or director
1$93,116$0
DR JAMES JAMO RUBINCHAIRMAN
Trustee or director, Officer
2$0$0
DR C COLLINS ANDY ANDERSON IIITRUSTEE
Trustee or director
1$0$0
MR JAMES B JAMIE SMITH JRSECRETARY
Trustee or director, Officer
1$0$0
MR REX AMINITRUSTEE
Trustee or director
1$0$0
MR RICHARD N AZAR IITRUSTEE
Trustee or director
1$0$0
MR DAVID BOHNETRUSTEE
Trustee or director
1$0$0
MR CRAIG BOYANVICE CHAIRMAN
Trustee or director, Officer
1$0$0
MR ROBERT M BOBBY CAVENDERTRUSTEE
Trustee or director
1$0$0
MR HENRY CISNEROSTRUSTEE
Trustee or director
1$0$0
MR JOHN COWELLTRUSTEE
Trustee or director
1$0$0
MRS BARBARA B DREEBENTRUSTEE (THRU 5/2023)
Trustee or director
1$0$0
MR WALTER EMBREYTRUSTEE (THRU 5/2023)
Trustee or director
1$0$0
DR CRAIG FRANCESTRUSTEE
Trustee or director
1$0$0
MRS ASHLEY HIXONTRUSTEE
Trustee or director
1$0$0
MRS ABIGAIL G KAMPMANNTRUSTEE
Trustee or director
1$0$0
MR RICHARD KARDYSTRUSTEE (THRU 5/2023)
Trustee or director
1$0$0
MR JOHN C KERRTRUSTEE
Trustee or director
1$0$0
MR WILLIAM R BILL KLESSETRUSTEE
Trustee or director
1$0$0
MRS CAROLYN H LABATTTRUSTEE
Trustee or director
1$0$0
MR MARK PITMAN MAYSTRUSTEE
Trustee or director
1$0$0
MR JOE C MCKINNEYTRUSTEE
Trustee or director
1$0$0
MR LEWIS J LEW MOORMAN IVTRUSTEE
Trustee or director
1$0$0
DR DACIA NAPIERTRUSTEE
Trustee or director
1$0$0
DR GEORGE PEOPLES JRTRUSTEE
Trustee or director
1$0$0
MR AL RAJWANITRUSTEE
Trustee or director
1$0$0
MRS CORINNA RICHTERTRUSTEE
Trustee or director
1$0$0
MRS JENNA SAUCEDO-HERRERATRUSTEE
Trustee or director
1$0$0
MR LANE RIGGSTRUSTEE
Trustee or director
1$0$0
MRS SHERYL SCULLEYTRUSTEE
Trustee or director
1$0$0
MRS MARSHA M SHIELDSTRUSTEE
Trustee or director
1$0$0
MR CHARLES CHUCK URSCHEL SLICKTRUSTEE
Trustee or director
1$0$0
MR JOE STRAUS IIITRUSTEE
Trustee or director
1$0$0
MR JOHN B ZACHRYTRUSTEE
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
PO BOX 760549, SAN ANTONIO, TX 78245-0549
In care of
% EVA ZEPEDA
Principal officer (990 for 2024)
MR BRUCE EDWARDS, PO BOX 760549, SAN ANTONIO, TX 78245
Signed the 990
MR BRUCE EDWARDS, EXECUTIVE VP, CFO
Phone
(210) 258-9400
Return prepared by
RSM US LLP

Mission

TEXAS BIOMED IS PIONEERING AND SHARING SCIENTIFIC BREAKTHROUGHS THAT PROTECT YOU, YOUR FAMILIES AND OUR GLOBAL COMMUNITY FROM THE THREAT OF INFECTIOUS DISEASES.

990 for the year ended December 31, 2024

Program accomplishments

  • THE SOUTHWEST NATIONAL PRIMATE RESEARCH CENTER PROVIDES ANIMALS THAT SERVE AS RESOURCES TO THE RESEARCH OF TEXAS BIOMED AND OTHER NATIONAL INSTITUTES. IT ALSO CARRIES OUT RESEARCH ITSELF IN THE DEVELOPMENT OF ANIMALS AS A RESEARCH TOOL IN HUMAN DISEASES.
    Expenses $11,526,116 · revenue $857,875
  • TEXAS BIOMED PERFORMS RESEARCH ON INFECTIOUS DISEASES AND ASSOCIATED CHRONIC CONDITIONS THAT INCREASE SUSCEPTIBILITY TO INFECTION. THESE INCLUDE BASIC RESEARCH OF HOST AND PATHOGEN BIOLOGY, GENETICS, IMMUNOLOGY AND PHYSIOLOGY.
    Expenses $40,259,249 · grants $497,338 · revenue $1,625,470

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
74-1109630
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1953
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Medical research (H40)
Assets (IRS master file)
$366,564,882
Income (IRS master file)
$103,250,605

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$75,183,345$94,648,073$366,564,882XML
990-TDecember 2024–––IRS
990December 2023$83,244,840$83,762,418$246,678,578XML
990-TDecember 2023–––IRS
990December 2022$65,045,950$72,503,664$234,572,359IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS
990December 2017–––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 74-1109630).

Questions about TEXAS BIOMEDICAL RESEARCH INSTITUTE

What is the EIN of TEXAS BIOMEDICAL RESEARCH INSTITUTE?
The employer identification number (EIN) of TEXAS BIOMEDICAL RESEARCH INSTITUTE is 74-1109630.
Is TEXAS BIOMEDICAL RESEARCH INSTITUTE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1953.
Are donations to TEXAS BIOMEDICAL RESEARCH INSTITUTE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TEXAS BIOMEDICAL RESEARCH INSTITUTE 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 TEXAS BIOMEDICAL RESEARCH INSTITUTE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TEXAS BIOMEDICAL RESEARCH INSTITUTE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of TEXAS BIOMEDICAL RESEARCH INSTITUTE?
The 990 for the year ended December 31, 2024 names MR BRUCE EDWARDS.
Who are the officers and directors of TEXAS BIOMEDICAL RESEARCH INSTITUTE?
The 990 for the year ended December 31, 2024 lists 44 people; 14 received compensation from the organization, the highest $794,181 (DR LARRY SCHLESINGER, PRESIDENT, CEO).
How much revenue does TEXAS BIOMEDICAL RESEARCH INSTITUTE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $75,183,345, expenses of $94,648,073 and total assets of $366,564,882 at year end.

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