PROPUBLICA Fearless Reporting for an Informed Society — Join Us.
DONATE
Skip to content
ProPublica Donate
ProPublica Donate

Asheville Medical Research Corporation

Organization summary

Type of Nonprofit

Designated as a 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.

Category: Health — General and Rehabilitative / Unknown (E00E) (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$98.9k (2023)

Expenses
$85.8k (2023)

Total Assets
$156k (2023)

Total Liabilities
$2k (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 Sept.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$98,949
Expenses
$85,842
Net Income
$13,107
Net Assets
$153,627
Notable Sources of Revenue Percent of Total Revenue
Contributions $45,000
45.5%
Program Services $52,156
52.7%
Investment Income $1,793
1.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $22,068
25.7%
Professional Fundraising Fees $0
Other Salaries and Wages $44,968
52.4%
Assets/Debt
Total Assets $155,622
Total Liabilities $1,995
Net Assets $153,627
Compensation
Key Employees and Officers Compensation Related Other
Debbie Blaylock (Executive Di) $19,623 $0 $0
Stephen J Coombs (Executive Di) $2,445 $0 $0
Ashfaq Ahsnuddin (Chief Of Sta) $0 $0 $0
Stephanie Young (Med Ctr Dir) $0 $0 $0
Brian Peek (President) $0 $0 $0
Adam Dinkins (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$83,997
Expenses
$123,404
Net Income
-$39,407
Net Assets
$140,520
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $83,974
100.0%
Investment Income $23
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $92,072
74.6%
Assets/Debt
Total Assets $145,146
Total Liabilities $4,626
Net Assets $140,520
Compensation
Key Employees and Officers Compensation Related Other
Ashfaq Ahsnuddin (Chief Of Sta) $0 $0 $0
Stephanie Young (Med Ctr Dir) $0 $0 $0
Brian Peek (President) $0 $0 $0
Adam Dinkins (Treasurer) $0 $0 $0
Debbie Blaylock (Executive Di) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$113,044
Expenses
$100,405
Net Income
$12,639
Net Assets
$179,927
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $111,785
98.9%
Investment Income $1,259
1.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $80,695
80.4%
Assets/Debt
Total Assets $183,478
Total Liabilities $3,551
Net Assets $179,927
Compensation
Key Employees and Officers Compensation Related Other
Ashfaq Ahsnuddin (Chief Of Sta) $0 $0 $0
Stephanie Young (Med Ctr Dir) $0 $0 $0
Brian Peek (President) $0 $0 $0
Adam Dinkins (Treasurer) $0 $0 $0
Debbie Blaylock (Executive Di) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$154,534
Expenses
$129,893
Net Income
$24,641
Net Assets
$168,510
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $151,744
98.2%
Investment Income $2,790
1.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $109,710
84.5%
Assets/Debt
Total Assets $179,564
Total Liabilities $11,054
Net Assets $168,510
Compensation
Key Employees and Officers Compensation Related Other
Debbie Blaylock (Executive Di) $20,027 $0 $0
Paul Riggs Md (Chief Of Sta) $0 $0 $0
Stephanie Young (Med Ctr Dir) $0 $0 $0
Brian Peek (President) $0 $0 $0
John M Kledis (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$123,600
Expenses
$187,354
Net Income
-$63,754
Net Assets
$144,114
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $119,854
97.0%
Investment Income $3,316
2.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $430
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $147,162
78.5%
Assets/Debt
Total Assets $151,898
Total Liabilities $7,784
Net Assets $144,114
Compensation
Key Employees and Officers Compensation Related Other
Paul Riggs Md (Chief Of Sta) $0 $0 $0
Stephanie Young (Medical Cent) $0 $0 $0
Debbie Blaylock (Executive Di) $0 $0 $0
John M Kledis (Treasurer) $0 $0 $0
Brian Peek (President) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$117,984
Expenses
$170,505
Net Income
-$52,521
Net Assets
$205,993
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $116,184
98.5%
Investment Income $1,800
1.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $23,476
13.8%
Professional Fundraising Fees $0
Other Salaries and Wages $113,656
66.7%
Assets/Debt
Total Assets $216,875
Total Liabilities $10,882
Net Assets $205,993
Compensation
Key Employees and Officers Compensation Related Other
Marilyn Peek (Executive Di) $23,476 $0 $0
Lisa Barth (Research Dir) $0 $0 $0
Paul Riggs Md (Chief Of Sta) $0 $0 $0
Cathy Haggart Pa (Research Dir) $0 $0 $0
Stephanie Young (Medical Cent) $0 $0 $0
John M Kledis (Treasurer) $0 $0 $0
Brian Peek (President) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$24,657
Expenses
$92,862
Net Income
-$68,205
Net Assets
$258,817
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $20,678
83.9%
Investment Income $3,979
16.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $22,865
24.6%
Professional Fundraising Fees $0
Other Salaries and Wages $41,568
44.8%
Assets/Debt
Total Assets $265,132
Total Liabilities $6,315
Net Assets $258,817
Compensation
Key Employees and Officers Compensation Related Other
Marilyn Peek (Recorder) $22,865 $0 $0
Lisa Barth (Research Dir) $0 $0 $0
Webster Bazemore Md (Chief Of Sta) $0 $0 $0
Cathy Haggart Pa (Research Dir) $0 $0 $0
Brian T Peek (Res/Educ Coo) $0 $0 $0
John M Kledis (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$79,311
Expenses
$119,918
Net Income
-$40,607
Net Assets
$327,022
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $76,778
96.8%
Investment Income $2,533
3.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $22,369
18.7%
Professional Fundraising Fees $0
Other Salaries and Wages $64,495
53.8%
Assets/Debt
Total Assets $333,234
Total Liabilities $6,212
Net Assets $327,022
Compensation
Key Employees and Officers Compensation Related Other
Marilyn Peek (Recorder) $22,369 $0 $0
Lisa Barth (Research Dir) $0 $0 $0
Cynthia Breyfogle (Med. Center) $0 $0 $0
Webster Bazemore Md (Chief Of Sta) $0 $0 $0
Cathy Haggart Pa (Research Dir) $0 $0 $0
Brian T Peek (Res/Educ Coo) $0 $0 $0
John M Kledis (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$89,418
Expenses
$104,398
Net Income
-$14,980
Net Assets
$367,629
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $86,524
96.8%
Investment Income $2,894
3.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $77,799
74.5%
Assets/Debt
Total Assets $371,290
Total Liabilities $3,661
Net Assets $367,629
Compensation
Key Employees and Officers Compensation Related Other
Lisa Barth (Research Dir) $0 $0 $0
Cynthia Breyfogle (Med Center D) $0 $0 $0
Charles P Cooley (Learning Off) $0 $0 $0
Webster Bazemore Md (Chief Of Sta) $0 $0 $0
Brian T Peek (Res/Educ Coo) $0 $0 $0
John Kledis (Secretary/Tr) $0 $0 $0
John C Lucke Md (President) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2014

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$97,183
Expenses
$85,469
Net Income
$11,714
Net Assets
$382,609
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $95,567
98.3%
Investment Income $1,616
1.7%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $387,240
Total Liabilities $4,631
Net Assets $382,609
Compensation
Key Employees and Officers Compensation Other
Cynthia Breyfogle (Med Center D) $0 $0
Charles P Cooley (Director) $0 $0
Brian T Peek (Research Dir) $0 $0
Lee R Gaddy (Director) $0 $0
John Kledis (Director) $0 $0
Webster Bazemore Md (Chief Of Sta) $0 $0
John C Lucke Md (President) $0 $0
William Chapman Md (Treasurer) $0 $0

Document Links

Fiscal Year Ending Sept.
2013

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$41,566
Expenses
$56,708
Net Income
-$15,142
Net Assets
$370,895
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $39,040
93.9%
Investment Income $2,553
6.1%
Net Fundraising $0
Sales of Assets -$27
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $372,919
Total Liabilities $2,024
Net Assets $370,895

Document Links

Fiscal Year Ending Sept.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$57,342
Expenses
$78,032
Net Income
-$20,690
Net Assets
$386,037
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $53,474
93.3%
Investment Income $3,868
6.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $53,631
68.7%
Assets/Debt
Total Assets $388,028
Total Liabilities $1,991
Net Assets $386,037

Document Links

Fiscal Year Ending Sept.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$87,498
Expenses
$89,336
Net Income
-$1,838
Net Assets
$406,727
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $84,875
97.0%
Investment Income $3,844
4.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$1,221
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $55,637
62.3%
Assets/Debt
Total Assets $410,544
Total Liabilities $3,817
Net Assets $406,727

Document Links

Fiscal Year Ending Sept.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

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.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »