Erik & Ese Banck Clinical Research Center Inc

San Diego, CA
Tax-exempt since Sept. 1994
EIN: 33-0570710

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$565k (2024)

Expenses

$658k (2024)

Total Assets

$9.46M (2024)

Total Liabilities

$788k (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$565,496

Expenses

$658,196

Net Income

-$92,700

Net Assets

$8,671,472

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$277,998	49.2%
Dividends	$205,108	36.3%
Sales of Assets	$67,390	11.9%
Other Income	$15,000	2.7%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$607,393	92.3%
Compensation of Officers*	$185,000	28.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,458,976
Total Liabilities	$787,504
Net Assets	$8,671,472

Compensation

Key Employees and Officers	Compensation	Other
Richard T Reid Phd (President)	$185,000	$50,117
Robert T Reid Md (Treasurer)	$0	$0
Gerry Hark (Director)	$0	$0
Kathryn Blankinship (Director)	$0	$0
Tadimeti Rao Ph D (Director)	$0	$0
Janine Mason (Secretary)	$0	$0
Thomas J Kaido (Sr. Research Scienti)	$0	$0
Robert T Reid Iii (Research Scientist)	$0	$0

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990-PF

Filed on June 6, 2025

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2023

Revenue

$525,112

Expenses

$688,281

Net Income

-$163,169

Net Assets

$8,764,172

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$277,257	52.8%
Dividends	$140,278	26.7%
Sales of Assets	$107,577	20.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$617,504	89.7%
Compensation of Officers*	$184,375	26.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,601,650
Total Liabilities	$837,478
Net Assets	$8,764,172

Compensation

Key Employees and Officers	Compensation	Other
Richard T Reid Phd (President)	$184,375	$14,750
Thomas J Kaido (Sr. Research Scienti)	$83,208	$6,657
Robert T Reid Iii (Research Scientist)	$82,208	$6,577
Robert T Reid Md (Treasurer)	$0	$0
Gerry Hark (Director)	$0	$0
Kathryn Blankinship (Director)	$0	$0
Tadimeti Rao Ph D (Director)	$0	$0
Janine Mason (Secretary)	$0	$0

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990-PF

Filed on Sept. 6, 2024

Primary tax return for a private foundation's activities, finances, and governance

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XML

Fiscal Year Ending Dec.
2022

Revenue

$450,801

Expenses

$592,160

Net Income

-$141,359

Net Assets

$8,927,341

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$239,396	53.1%
Dividends	$144,935	32.2%
Sales of Assets	$66,470	14.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$531,461	89.7%
Compensation of Officers*	$170,000	28.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,719,661
Total Liabilities	$792,320
Net Assets	$8,927,341

Compensation

Key Employees and Officers	Compensation	Other
Richard T Reid Phd (President, Secretary)	$170,000	$13,600
Thomas J Kaido (Sr. Research Scienti)	$76,500	$6,120
Robert T Reid Iii (Research Scientist)	$75,500	$6,040
Robert T Reid Md (Treasurer)	$0	$0
Gary Sanford (Director)	$0	$0
Gary Hark (Director)	$0	$0

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990-PF

Filed on Sept. 5, 2023

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2021

Revenue

$626,776

Expenses

$617,543

Net Income

$9,233

Net Assets

$9,068,700

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$235,828	37.6%
Dividends	$206,758	33.0%
Sales of Assets	$184,190	29.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$559,597	90.6%
Compensation of Officers*	$169,167	27.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,945,646
Total Liabilities	$876,946
Net Assets	$9,068,700

Compensation

Key Employees and Officers	Compensation	Other
Richard T Reid Phd (President, Secretary)	$169,167	$20,300
Thomas J Kaido (Sr. Research Scienti)	$76,082	$7,608
Robert T Reid Iii (Research Scientist)	$75,167	$7,517
Robert T Reid Md (Treasurer)	$0	$0
Gary Sanford (Director)	$0	$0
Gary Hark (Director)	$0	$0

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990-PF

Filed on Nov. 3, 2022

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2020

Revenue

$412,558

Expenses

$615,334

Net Income

-$202,776

Net Assets

$9,059,467

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$258,871	62.7%
Dividends	$163,050	39.5%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$563,581	91.6%
Compensation of Officers*	$219,167	35.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,981,045
Total Liabilities	$921,578
Net Assets	$9,059,467

Compensation

Key Employees and Officers	Compensation	Other
Richard T Reid Phd (President, Secretary)	$155,000	$12,400
Robert T Reid Iii (Research Scientist)	$72,500	$5,800
Thomas J Kaido (Sr. Research Scienti)	$71,460	$5,718
Robert T Reid Md (Treasurer)	$64,167	$5,132
Gary Sanford (Director)	$0	$0
Gary Hark (Director)	$0	$0

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990-PF

Filed on Aug. 25, 2021

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2019

Revenue

$563,865

Expenses

$724,487

Net Income

-$160,622

Net Assets

$9,262,243

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$282,109	50.0%
Dividends	$153,696	27.3%
Sales of Assets	$128,060	22.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$655,735	90.5%
Compensation of Officers*	$290,000	40.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$10,172,860
Total Liabilities	$910,617
Net Assets	$9,262,243

Compensation

Key Employees and Officers	Compensation	Other
Richard T Reid Phd (President, Secretary)	$150,000	$12,000
Robert T Reid Md (Treasurer)	$140,000	$11,200
Robert T Reid Iii (Research Scientist)	$67,500	$5,400
Thomas J Kaido (Sr. Research Scienti)	$66,460	$5,317
Gary Sanford (Director)	$0	$0
Gary Hark (Director)	$0	$0

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990-PF

Filed on July 15, 2020

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2018

Revenue

$533,586

Expenses

$723,781

Net Income

-$190,195

Net Assets

$9,422,865

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$291,642	54.7%
Dividends	$142,857	26.8%
Sales of Assets	$99,087	18.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$662,888	91.6%
Compensation of Officers*	$292,000	40.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$10,356,703
Total Liabilities	$933,838
Net Assets	$9,422,865

Compensation

Key Employees and Officers	Compensation	Other
Richard T Reid Phd (President, Secretary)	$151,000	$12,080
Robert T Reid Md (Treasurer)	$141,000	$11,280
Thomas J Kaido (Sr. Research Scienti)	$76,200	$6,096
Robert T Reid Iii (Research Scientist)	$68,500	$5,480
Gerry Sanford (Director)	$0	$0
Bessie Chin Ciardella (Director)	$0	$0
Gerry Hark (Director)	$0	$0
Hon Joseph M Ragusa Ret (Director)	$0	$0
Tadimeti Rao Phd (Director)	$0	$0

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990-PF

Filed on Sept. 9, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2017

Revenue

$377,942

Expenses

$715,253

Net Income

-$337,311

Net Assets

$9,613,060

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$322,467	85.3%
Dividends	$186,468	49.3%
Sales of Assets	-$130,993
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$657,158	91.9%
Compensation of Officers*	$290,000	40.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$10,588,794
Total Liabilities	$975,734
Net Assets	$9,613,060

Compensation

Key Employees and Officers	Compensation	Other
Richard T Reid Phd (President, Secretary)	$150,000	$12,000
Robert T Reid Md (Treasurer)	$140,000	$11,200
Thomas J Kaido (Sr. Research Scienti)	$77,500	$6,200
Robert T Reid Iii (Research Scientist)	$67,500	$5,400
Gerry Sanford (Director)	$0	$0
Bessie Chin Ciardella (Director)	$0	$0
Gerry Hark (Director)	$0	$0
Hon Joseph M Ragusa Ret (Director)	$0	$0
Tadimeti Rao Phd (Director)	$0	$0

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990-PF

Filed on June 12, 2018

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2016

Revenue

$496,795

Expenses

$719,671

Net Income

-$222,876

Net Assets

$9,950,371

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$283,866	57.1%
Dividends	$168,154	33.8%
Sales of Assets	$44,775	9.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$654,330	90.9%
Compensation of Officers*	$290,000	40.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$10,960,609
Total Liabilities	$1,010,238
Net Assets	$9,950,371

Compensation

Key Employees and Officers	Compensation	Other
Richard T Reid Phd (President, Secretary)	$150,000	$12,000
Robert T Reid Md (Treasurer)	$140,000	$11,200
Thomas J Kaido (Sr. Research Scienti)	$77,500	$6,200
Robert T Reid Iii (Research Scientist)	$67,500	$5,400
Gerry Sanford (Director)	$0	$0
Summer Stephan Esq (Director)	$0	$0
Bessie Chin Ciardella (Director)	$0	$0
Gerry Hark (Director)	$0	$0
Hon Joseph M Ragusa Ret (Director)	$0	$0
Tadimeti Rao Phd (Director)	$0	$0

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990-PF

Filed on May 24, 2017

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2015

Revenue

$764,168

Expenses

$715,509

Net Income

$48,659

Net Assets

$10,173,247

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$260,798	34.1%
Dividends	$409,930	53.6%
Sales of Assets	$93,440	12.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$642,458	89.8%
Compensation of Officers*	$290,000	40.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,181,658
Total Liabilities	$1,008,411
Net Assets	$10,173,247

Compensation

Key Employees and Officers	Compensation	Other
Richard T Reid Phd (President)	$150,000	$12,000
Robert T Reid Md (Treasurer)	$140,000	$11,200
Thomas J Kaido (Sr. Research Scienti)	$77,500	$6,200
Robert T Reid Iii (Research Scientist)	$67,500	$5,400
Gerry Sanford (Director)	$0	$0
Summer Stephan Esq (Director)	$0	$0
Bessie Chin Ciardella (Director)	$0	$0
Gerry Hark (Director)	$0	$0
Hon Joseph M Ragusa Ret (Director)	$0	$0
Tadimeti Rao Phd (Director)	$0	$0
James Russell Esq (Secretary)	$0	$0

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990-PF

Filed on May 16, 2016

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2014

Revenue

$702,787

Expenses

$676,099

Net Income

$26,688

Net Assets

$10,124,588

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$255,806	36.4%
Dividends	$465,462	66.2%
Sales of Assets	-$18,481
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$619,470	91.6%
Compensation of Officers*	$290,000	42.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,132,797
Total Liabilities	$1,008,209
Net Assets	$10,124,588

Compensation

Key Employees and Officers	Compensation	Other
Richard Reid (President)	$150,000	$12,000
Robert T Reid Md (Director)	$140,000	$11,200
Thomas J Kaido (Sr. Research Scienti)	$77,500	$6,200
Robert T Reid Iii (Research Scientist)	$67,500	$5,400
Pierson F Harmel (Summer Intern)	$2,304	$0
Patricia Webster Sanders (Treasurer)	$0	$0
Gerry Sanford (Director)	$0	$0
Summer Stephan (Director)	$0	$0
Bessie Chin Ciardella (Director)	$0	$0

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990-PF

Filed on Aug. 14, 2015

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2013

Revenue

$573,653

Expenses

$717,472

Net Income

-$143,819

Net Assets

$10,097,900

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$324,530	56.6%
Dividends	$320,068	55.8%
Sales of Assets	-$70,945
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$628,838	87.6%
Compensation of Officers*	$292,974	40.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,106,936
Total Liabilities	$1,009,036
Net Assets	$10,097,900

Compensation

Key Employees and Officers	Compensation	Other
Richard Reid (President)	$152,000	$12,160
Robert T Reid Md (Director)	$140,974	$11,278
Thomas J Kaido (Sr. Research Scienti)	$79,396	$6,352
Robert T Reid Iii (Research Scientist)	$69,396	$5,552
Patricia Webster Sanders (Treasurer)	$0	$0
Gerry Sanford (Director)	$0	$0
Summer Stephan (Director)	$0	$0
Bessie Chin Ciardella (Director)	$0	$0

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990-PF

Filed on Aug. 7, 2014

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2012

Revenue

$437,149

Expenses

$699,283

Net Income

-$262,134

Net Assets

$10,241,719

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$313,312	71.7%
Dividends	$211,779	48.4%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$612,544	87.6%
Compensation of Officers*	$265,385	38.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,250,956
Total Liabilities	$1,009,237
Net Assets	$10,241,719

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$506,145

Expenses

$725,604

Net Income

-$219,459

Net Assets

$10,503,853

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$5,000	1.0%
Interest Revenue	$315,274	62.3%
Dividends	$227,128	44.9%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$631,171	87.0%
Compensation of Officers*	$269,400	37.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,759,417
Total Liabilities	$1,255,564
Net Assets	$10,503,853

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

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Erik & Ese Banck Clinical Research Center Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $565k (2024)

Expenses $658k (2024)

Total Assets $9.46M (2024)

Total Liabilities $788k (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

Revenue

$565k (2024)

Expenses

$658k (2024)

Total Assets

$9.46M (2024)

Total Liabilities

$788k (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001