TEXAS BIOMEDICAL RESEARCH INSTITUTE

EIN: 741109630 501(c)(3) Medical Research

SAN ANTONIO, TX

Total Revenue
$83,244,840
Total Expenses
$83,762,418
Total Assets
$246,678,578
Net Assets
$151,029,442
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1941
Legal Domicile
TX
Principal Officer
MR BRUCE EDWARDS
Phone
2102589400
Tax Period
2023-01-01 to 2023-12-31

TEXAS BIOMEDICAL RESEARCH INSTITUTE, founded in 1941, is a mid-sized nonprofit in the Medical Research sector that reported $83.2M in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum.

Mission

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

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $76,663,106
Program Service Revenue $3,560,145
Investment Income $1,348,231
Other Revenue $1,673,358
TOTAL REVENUE $83,244,840

Expense Breakdown

Grants Paid $534,251
Salaries & Benefits $41,519,097
Fundraising Expenses $1,107,086
Program Expenses $47,766,108
Other Expenses $41,709,070
TOTAL EXPENSES $83,762,418

Year-over-Year Comparison

2023 2022 Change
Revenue $83,244,840 $65,045,950 +0.3%
Expenses $83,762,418 $72,503,664 +0.2%
Net Income $-517,578 $-7,457,714 -0.9%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✓ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
31
Independent Members
30
Employees
518
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✓ Engaged in Lobbying
✗ Operated Donor Advised Fund
✓ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$1,259,777
Total Directors
34
$93,116
Key Employees
4
$1,426,385
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR JAMES JAMO RUBIN CHAIRMAN 2.00
Officer Director
$0 $0 $0
DR C COLLINS ANDY ANDERSON III TRUSTEE 1.00
Director
$0 $0 $0
MR JAMES B JAMIE SMITH JR SECRETARY 1.00
Officer Director
$0 $0 $0
MR REX AMINI TRUSTEE 1.00
Director
$0 $0 $0
MR RICHARD N AZAR II TRUSTEE 1.00
Director
$0 $0 $0
MR DAVID Q BATES JR TRUSTEE 1.00
Director
$93,116 $0 $93,116
MR DAVID BOHNE TRUSTEE 1.00
Director
$0 $0 $0
MR CRAIG BOYAN VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
MR ROBERT M BOBBY CAVENDER TRUSTEE 1.00
Director
$0 $0 $0
MR HENRY CISNEROS TRUSTEE 1.00
Director
$0 $0 $0
MR JOHN COWELL TRUSTEE 1.00
Director
$0 $0 $0
MRS BARBARA B DREEBEN TRUSTEE (THRU 5/2023) 1.00
Director
$0 $0 $0
MR WALTER EMBREY TRUSTEE (THRU 5/2023) 1.00
Director
$0 $0 $0
DR CRAIG FRANCES TRUSTEE 1.00
Director
$0 $0 $0
MRS ASHLEY HIXON TRUSTEE 1.00
Director
$0 $0 $0
MRS ABIGAIL G KAMPMANN TRUSTEE 1.00
Director
$0 $0 $0
MR RICHARD KARDYS TRUSTEE (THRU 5/2023) 1.00
Director
$0 $0 $0
MR JOHN C KERR TRUSTEE 1.00
Director
$0 $0 $0
MR WILLIAM R BILL KLESSE TRUSTEE 1.00
Director
$0 $0 $0
MRS CAROLYN H LABATT TRUSTEE 1.00
Director
$0 $0 $0
MR MARK PITMAN MAYS TRUSTEE 1.00
Director
$0 $0 $0
MR JOE C MCKINNEY TRUSTEE 1.00
Director
$0 $0 $0
MR LEWIS J LEW MOORMAN IV TRUSTEE 1.00
Director
$0 $0 $0
DR DACIA NAPIER TRUSTEE 1.00
Director
$0 $0 $0
DR GEORGE PEOPLES JR TRUSTEE 1.00
Director
$0 $0 $0
MR AL RAJWANI TRUSTEE 1.00
Director
$0 $0 $0
MRS CORINNA RICHTER TRUSTEE 1.00
Director
$0 $0 $0
MRS JENNA SAUCEDO-HERRERA TRUSTEE 1.00
Director
$0 $0 $0
MR LANE RIGGS TRUSTEE 1.00
Director
$0 $0 $0
MRS SHERYL SCULLEY TRUSTEE 1.00
Director
$0 $0 $0
MRS MARSHA M SHIELDS TRUSTEE 1.00
Director
$0 $0 $0
MR CHARLES CHUCK URSCHEL SLICK TRUSTEE 1.00
Director
$0 $0 $0
MR JOE STRAUS III TRUSTEE 1.00
Director
$0 $0 $0
MR JOHN B ZACHRY TRUSTEE 1.00
Director
$0 $0 $0
DR LARRY SCHLESINGER PRESIDENT & CEO 40.00
Officer
$758,120 $65,374 $823,494
MR BRUCE EDWARDS EXECUTIVE VICE PRESIDENT & CFO 40.00
Officer
$367,481 $68,802 $436,283
DR JOANNE TURNER EXECUTIVE VICE PRESIDENT, RESEARCH 40.00
Key Emp
$373,547 $37,658 $411,205
DR AKUDO ANYANWU VP, DEVELOPMENT 40.00
Key Emp
$308,852 $40,511 $349,363
MRS CORRINA ROSS DIRECTOR OF SNPRC 40.00
Key Emp
$285,308 $48,160 $333,468
DR CORY HALLAM VP, BUSINESS DEVELOPMENT 40.00
Key Emp
$281,300 $51,049 $332,349
DR DEEPAK KAUSHAL PROFESSOR (RESEARCH) 40.00
Highest
$386,810 $50,434 $437,244
MR JOHN M MARTY HEANER VP, INFORMATION TECHNOLOGY 40.00
Highest
$288,723 $47,315 $336,038
DR TIMOTHY ANDERSON PROFESSOR (RESEARCH) 40.00
Highest
$275,588 $48,690 $324,278
DR RICARDO CARRION PROFESSOR (ASI) 40.00
Highest
$253,910 $46,887 $300,797
DR JORDI TORRELLES PROFESSOR (RESEARCH) 40.00
Highest
$256,040 $31,987 $288,027
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $83,244,840 $83,762,418 $246,678,578 $-517,578
2022 $65,045,950 $72,503,664 $234,572,359 $-7,457,714
2021 $72,880,870 $71,727,339 $256,689,852 $1,153,531
2020 $64,983,284 $64,404,841 $224,998,467 $578,443
2019 $59,102,578 $64,582,051 $211,857,703 $-5,479,473
2018 $48,509,326 $66,103,978 $187,657,988 $-17,594,652
Explore More Nonprofits
→Top 100 Nonprofits in Texas →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare TEXAS BIOMEDICAL RESEARCH INSTITUTE with other nonprofits in Texas and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.