Clayton Medical Research Foundation Inc

Carson City, NV
Tax-exempt since April 1988
EIN: 51-0306704

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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.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Provided first-class or charter travel

Organization provided first-class or charter travel to key employees or officers. Details are reported on Schedule J.

Reported conflict of interest transactions

Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Revenue

$2.84M (2023)

Expenses

$3.91M (2023)

Total Assets

$88.9M (2023)

Total Liabilities

$2.9M (2023)

Source: Form 990 tax filings from 2011 to 2023

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.
2023

Revenue

$2,839,778

Expenses

$3,913,882

Net Income

-$1,074,104

Net Assets

$85,949,364

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$1,873,578	66.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$966,200	34.0%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$76,650	2.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$88,853,594
Total Liabilities	$2,904,230
Net Assets	$85,949,364

Provided first-class or charter travel

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Robert M Wallace (Trustee, President)	$13,813	$649,643	$97,800
Jarred W Sloan (Trustee, Vice President, Treasurer)	$13,813	$649,643	$97,800
Lynn P Carter (Trustee)	$13,813	$649,643	$97,800
Brian W Crozier (Trustee, Chairman)	$13,813	$331,493	$50,086
Thomas J Brorby Deceased (Trustee, Chairman)	$11,479	$275,483	$16,600
Joan S Dunlap (Trustee,Vp,Assistant Secretary)	$9,920	$490,166	$88,019
Robert L Evans (Vp, Assistant Treasurer)	$0	$210,000	$81,846
John Russell Beekman (Vice President)	$0	$113,678	$39,925
Christopher Mac Kenzie (Vice President, Secretary)	$0	$0	$0

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990

Filed on Nov. 14, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$2,968,221

Expenses

$2,947,932

Net Income

$20,289

Net Assets

$75,645,122

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$1,852,220	62.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$1,116,001	37.6%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$64,845	2.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$77,997,012
Total Liabilities	$2,351,890
Net Assets	$75,645,122

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Robert M Wallace (Trustee, President)	$12,969	$609,993	$93,530
Jarred W Sloan (Trustee, Vice President, Treasurer)	$12,969	$609,993	$93,530
Lynn P Carter (Trustee)	$12,969	$609,993	$93,530
Thomas J Brorby (Trustee, Chairman)	$12,969	$311,261	$48,520
Brian W Crozier (Trustee)	$12,969	$311,261	$48,520
Joan S Dunlap (Vice President, Assistant Secretary)	$0	$236,736	$84,230
Robert L Evans (Assistant Treasurer)	$0	$198,267	$78,460
John Russell Beekman (Vice President)	$0	$106,740	$38,554
Christopher Mac Kenzie (Vice President, Secretary)	$0	$0	$0

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990

Filed on Nov. 15, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$3,301,602

Expenses

$3,411,349

Net Income

-$109,747

Net Assets

$92,846,409

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$1,690,264	51.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$1,611,338	48.8%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$60,605	1.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$95,559,460
Total Liabilities	$2,713,051
Net Assets	$92,846,409

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Robert M Wallace (Trustee, President)	$12,121	$570,088	$90,799
Jarred W Sloan (Trustee, Vice President, Treasurer)	$12,121	$570,088	$90,799
Lynn P Carter (Trustee)	$12,121	$570,088	$90,799
Thomas J Brorby (Trustee, Chairman)	$12,121	$290,899	$48,921
Brian W Crozier (Trustee)	$12,121	$290,899	$48,921
Joan S Dunlap (Vice President, Assistant Secretary)	$0	$221,249	$82,108
Robert L Evans (Assistant Treasurer)	$0	$194,400	$78,081
John Russell Beekman (Vice President)	$0	$103,631	$36,877
Christopher Mac Kenzie (Vice President, Secretary)	$0	$0	$0

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990

Filed on Nov. 14, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2020

Revenue

$1,906,095

Expenses

$3,147,844

Net Income

-$1,241,749

Net Assets

$79,920,767

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$1,679,864	88.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$226,231	11.9%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$59,770	1.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$82,610,089
Total Liabilities	$2,689,322
Net Assets	$79,920,767

Provided first-class or charter travel

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Robert M Wallace (Trustee, Vice President)	$11,954	$562,216	$86,256
Jarred W Sloan (Trustee, Vice President, Treasurer)	$11,954	$562,216	$86,256
Lynn P Carter (Trustee)	$11,954	$562,216	$86,256
Thomas J Brorby (Trustee, Chairman)	$11,954	$286,882	$44,552
Brian W Crozier (Trustee)	$11,954	$286,882	$44,552
Joan S Dunlap (Vice President, Assistant Secretary)	$0	$218,194	$77,829
Robert L Evans (Assistant Treasurer)	$0	$176,000	$71,500
John Russell Beekman (Vice President)	$0	$102,200	$36,441
William Clayton Jr (Trustee, President)	$0	$0	$0
Christopher Mac Kenzie (Vice President, Secretary)	$0	$0	$0

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990

Filed on Nov. 15, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$4,889,217

Expenses

$3,105,788

Net Income

$1,783,429

Net Assets

$73,685,826

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$1,747,951	35.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$3,141,266	64.2%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$58,420	1.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$76,313,778
Total Liabilities	$2,627,952
Net Assets	$73,685,826

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2018

Revenue

$2,528,859

Expenses

$2,464,188

Net Income

$64,671

Net Assets

$60,944,499

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$1,714,935	67.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$813,924	32.2%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$57,335	2.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$62,854,253
Total Liabilities	$1,909,754
Net Assets	$60,944,499

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2017

Revenue

$2,144,094

Expenses

$2,446,915

Net Income

-$302,821

Net Assets

$68,040,161

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$1,553,613	72.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$590,481	27.5%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$56,160	2.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$70,063,811
Total Liabilities	$2,023,650
Net Assets	$68,040,161

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2016

Revenue

$1,769,948

Expenses

$2,445,497

Net Income

-$675,549

Net Assets

$60,043,272

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$1,507,812	85.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$262,136	14.8%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$55,000	2.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$62,068,237
Total Liabilities	$2,024,965
Net Assets	$60,043,272

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Revenue

$4,065,452

Expenses

$2,422,073

Net Income

$1,643,379

Net Assets

$54,936,747

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$1,365,745	33.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$2,699,707	66.4%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$55,950	2.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$56,910,061
Total Liabilities	$1,973,314
Net Assets	$54,936,747

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Revenue

$3,120,008

Expenses

$2,397,182

Net Income

$722,826

Net Assets

$58,602,137

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$1,370,162	43.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$1,749,846	56.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$55,500	2.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$60,578,194
Total Liabilities	$1,976,057
Net Assets	$58,602,137

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$4,396,777

Expenses

$2,398,983

Net Income

$1,997,794

Net Assets

$54,754,454

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$1,378,833	31.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$3,017,944	68.6%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$54,680	2.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$56,734,203
Total Liabilities	$1,979,749
Net Assets	$54,754,454

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$1,912,807

Expenses

$2,385,564

Net Income

-$472,757

Net Assets

$47,411,995

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$1,384,646	72.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$528,161	27.6%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$66,297	2.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$49,263,441
Total Liabilities	$1,851,446
Net Assets	$47,411,995

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$2,696,017

Expenses

$2,423,529

Net Income

$272,488

Net Assets

$43,940,909

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$968,696	35.9%
Program Services	$0
Investment Income	$1,354,030	50.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$373,291	13.8%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$64,372	2.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$45,793,591
Total Liabilities	$1,852,682
Net Assets	$43,940,909

990

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

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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Types of Nonprofits

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Updated March 27, 2025

Clayton Medical Research Foundation Inc

Organization summary

Type of Nonprofit

Details

Summary charts: organization finances over time

Revenue $2.84M (2023)

Expenses $3.91M (2023)

Total Assets $88.9M (2023)

Total Liabilities $2.9M (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

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990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

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990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

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990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

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990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

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990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

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Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

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990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

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990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

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990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2011

Extracted Financial Data

Revenue

$2.84M (2023)

Expenses

$3.91M (2023)

Total Assets

$88.9M (2023)

Total Liabilities

$2.9M (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

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2019

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2018

Fiscal Year Ending Dec.
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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

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Fiscal Year Ending Dec.
2001