Public Charity

Biomedical Research Institute of New Mexico

Biomedical Research Institute of New Mexico is a Public Charity headquartered in ALBUQUERQUE, NM. Financial data from the 2025 filing: $8.3M revenue, $7.5M expenses, $17.4M total assets. 4 publicly reported grants to this organization, totaling roughly $848K, appear in IRS filings.

EIN: 850374063 ALBUQUERQUE, NM Medical Research N.E.C. NTEE: H99 Latest filing: 2025
Total Revenue$8.3M
Total Expenses$7.5M
Total Assets$17.4M
Grant Records4
Funding Total$848K
Filing Years2021–2025

Mission

TO PROMOTE HIGH QUALITY SCIENTIFIC RESEARCH AND EDUCATION IMPROVING HEALTHCARE, MEDICAL TREATMENT, AND QUALITY OF LIFE FOR OUR NATION'S VETERANS AND, ULTIMATELY, THE GENERAL PUBLIC.

Where $100 goes at Biomedical Research Institute of New Mexico

How Biomedical Research Institute of New Mexico divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$89 Programs the work itself
$11 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $89 for programs

$89
Retained approval of 35% oh rate from dhhs
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

President Brent Wagner
Statutory Director Breton Weintraub
Treasurer & Secretary Claude William Shuttleworth
Vice President Elizabeth Jimenez
Statutory Director Gurujot Khalsa
Non-Statutory Director Hengameh Raissy

Officer compensation and complete director data available with membership.

Top Grant Purposes

Health & Medicine
$820,867 3 grants
Research & Policy
$27,214 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $8.3M $7.5M $17.4M
2024 $8.2M $7.8M $17.0M
2023 $6.6M $6.3M $18.2M
2022 $6.6M $6.7M $14.8M
2021 $8.2M $8.1M $13.2M

Between 2021 and 2025, reported annual revenue grew from $8.2M to $8.3M (+2%), with total assets most recently reported at $17.4M.

Interactive year-over-year charts and full filing details available with membership.

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