Asheville Medical Research Corporation in Asheville, North Carolina (NC)

Asheville Medical Research Corporation
Employer Identification Number (EIN)	561714862
Name of Organization	Asheville Medical Research Corporation
Address	1100 Tunnel Road, Asheville, NC 28805-2576
Activities	Scientific research for government, Other scientific research activities, Contact or sponsored scientific research for industry
Subsection	Scientific Organization
Ruling Date	06/1991
Deductibility	Contributions are deductible
Foundation	Hospital or medical research organization
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	09/2014
Assets	$100,000 to $499,999
Income	$25,000 to $99,999
Filing Requirement	990 (all other) or 990EZ return
Asset Amount	$387,240
Amount of Income	$97,183
Form 990 Revenue Amount	$97,183
National Taxonomy of Exempt Entities (NTEE)	Health - General and Rehabilitative:

Non-representatives - add comments:

Amount of income in 2014: $97,183 (it was $41,566 in 2013)

This organization:	$97,183
Other organizations performing similar types of work:	$1,398,526

Assets in 2014: $387,240 (it was $372,919 in 2013)

Asheville Medical Research Corporation:	$387,240
Other organizations performing similar types of work:	$846,147

Expenses in 2013: $56,708

Asheville Medical Research Corporation:	$56,708
Other organizations performing similar types of work:	$482,365

Income to expenses ratio in 2013: 1.7

This organization:	1.7
Other organizations performing similar types of work:	1.7

Grants share in income in 2013: 0.0%

This organization:	0.0%
Other organizations performing similar types of work:	64.3%

Financial snapshot ($)

Revenue for 2013

	2011	2012	2013
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue			$41,566
Contributions, gifts, grants, and similar amounts received			$0
Program service revenue including government fees and contracts			$39,040
Membership dues and assessments			$0
Investment income			$2,553
Gain/Loss from sale of assets other than inventory			$-27
Gross amount from sale of assets other than inventory			$0
Less: cost or other basis and sales expenses			$27
Net income/loss from gaming and fundraising events	$0	$0	$0
Gross profit/loss from sales of inventory			$0
Other revenue			$0
Total expenses			$56,708
Total net assets			$370,895
Excess/Deficit for the year			$-15,142
Net assets or fund balances at beginning of year			$386,037
Other changes in net assets or fund balances			$0
Net assets or fund balances at end of year			$370,895

	2011	2012	2013
Balance Sheets
Total assets	$410,544	$388,028	$372,919
Total liabilities	$3,817	$1,991	$2,024
Net assets or fund balances			$370,895

	2012	2013
Other Information
Did the organization engage in any significant activity not previously reported to the IRS?		No
Were any significant changes made to the organizing or governing documents?		No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities		No
Has the organization filed a Form 990-T for the year?	No	No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?		No
Amount of political expenditures, direct or indirect		$0
Did the organization file Form 1120-POL for this year?		No
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?		No
Total amount involved		$0
Initiation fees and capital contributions		$0
Gross receipts for public use of club facilities		$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?		No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?	No	No

Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:	An organization operated for the benefit of a college or university owned or operated by a governmental unit described in section 170(b)(1)(A)(iv)
Number of organizations supported	0
Sum of amounts of support	$0

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Id	Name	Address	State	Established	Total Income
Organizations performing similar types of work
1	Academy Health	1150 17th St Nw Ste 600, Washington, DC 20036-4647	DC	1983-07	$13,236,694
2	Washington State Medical Association Foundation For Health	2001 6th Ave Ste 2700, Seattle, WA 98121-2547	WA	1968-01	$1,398,526
3	Rockburn Institute Inc	6581 Belmont Woods Rd, Elkridge, MD 21075-5202	MD	1978-08	$292,482
4	Asheville Medical Research Corporation	1100 Tunnel Road, Asheville, NC 28805-2576	NC	1991-06	$97,183
5	Allied Education Council	325 Woodruff St, Miles, MI 49120-2943	MI	1981-12	$0

Number of organizations performing similar types of work

District of Columbia	1
Maryland	1
Michigan	1

North Carolina	1
Washington	1

Total

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