CLAY MADSEN BENEFIT FUND INC

Address
806 E MAIN STREET
ROUND ROCK, TX 78664
Contact
Nonprofit
NTEE: Y20 - Insurance Providers, Services
EIN: 43-1960310

Mission

THE PURPOSE OF THIS ORGANIZATION IS TO HONOR THE NAME AND MEMORY OF A LOST FRIEND AND ROLE-MODEL BY AIDING FAMILIES IN HIS COMMUNITY WHO HAVE LOVED ONES STRICKEN WITH CANCER, AND TO HELP SUPPORT THE EFFORTS TO FIND A CURE FOR THE DISEASE.
 20172016201520142011
Basic features of the organization
Subsection code03
PF filing required0    
Metropolitan statistical area0640
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Number of employees0000 
Personnel
Covington, Louann
TitleSECRETARYSECRETARYSECRETARYSECRETARY 
Name of key/compensated personLOUANN COVINGTONLOUANN COVINGTONLOUANN COVINGTONLOUANN COVINGTON 
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrue 
Current officerTrueTrueTrueTrue 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00 
Cox, Sarah
TitlePRESIDENTPRESIDENTPRESIDENTPRESIDENT 
Name of key/compensated personSARAH COXSARAH COXSARAH COXSARAH COX 
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrue 
Current officerTrueTrueTrueTrue 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00 
Dotson, Tre
Name of key/compensated person   TRE DOTSON 
Position of compensated person
Current individual trustee or director   True 
Current officer   True 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Purpose: mission, activities, & accomplishments
Mission or significant activitiesTHE PURPOSE OF THIS ORGANIZATION IS TO HONOR THE NAME AND MEMORY OF A LOST FRIEND AND ROLE-MODEL BY AIDING FAMILIES IN HIS COMMUNITY WHO HAVE LOVED ONES STRICKEN WITH CANCER, AND TO HELP SUPPORT THE EFFORTS TO FIND A CURE FOR THE DISEASE.THE PURPOSE OF THIS ORGANIZATION IS TO HONOR THE NAME AND MEMORY OF A LOST FRIEND AND ROLE-MODEL BY AIDING FAMILIES IN HIS COMMUNITY WHO HAVE LOVED ONES STRICKEN WITH CANCER, AND TO HELP SUPPORT THE EFFORTS TO FIND A CURE FOR THE DISEASE.THE PURPOSE OF THIS ORGANIZATION IS TO HONOR THE NAME AND MEMORY OF A LOST FRIEND AND ROLE-MODEL BY AIDING FAMILIES IN HIS COMMUNITY WHO HAVE LOVED ONES STRICKEN WITH CANCER, AND TO HELP SUPPORT THE EFFORTS TO FIND A CURE FOR THE DISEASE.THE PURPOSE OF THIS ORGANIZATION IS TO HONOR THE NAME AND MEMORY OF A LOST FRIEND AND ROLE-MODEL BY AIDING FAMILIES IN HIS COMMUNITY WHO HAVE LOVED ONES STRICKEN WITH CANCER, AND TO HELP SUPPORT THE EFFORTS TO FIND A CURE FOR THE DISEASE. 
Program service expenses, total$127,546.00$86,533.00$59,886.00$6,379.00 
Programs, including revenue & expenses
HELP SUPPORT FOR INDIVIDUALS STRICKEN WITH CANCER
Program expenses$127,546.00$86,533.00$59,886.00$6,379.00 
Grants and allocations made$109,179.00$70,000.00$48,000.00  
Program revenue$166,686.00$64,739.00$94,611.00  
Program descriptionHELP SUPPORT FOR INDIVIDUALS STRICKEN WITH CANCERHELP SUPPORT FOR INDIVIDUALS STRICKEN WITH CANCERHELP SUPPORT FOR INDIVIDUALS STRICKEN WITH CANCERHELP SUPPORT FOR INDIVIDUALS STRICKEN WITH CANCER 
Financial data
Revenue
Total revenue$166,686.00$64,739.00$94,611.00$59,786.00 
Revenue from contributions (total)  $0.00 $0.00
Investment income, current yr$0.00$0.00$0.00$0.00 
Total revenue from grants, etc., current yr$0.00$0.00$0.00$0.00 
Total unrelated business revenue$0.00$0.00$0.00$0.00 
Other revenue, current yr$0.00$0.00$0.00$0.00 
Program service revenue (total)$166,686.00$64,739.00$94,611.00$59,786.00$0.00
Gross receipts$166,686.00$64,739.00$94,611.00$59,786.00 
Other types of revenue
Net rental income  $0.00  
Expense categories (totals)
Total functional expenses: sum of all$127,546.00$86,533.00$59,886.00$6,379.00 
Total functional expenses: program service $127,546.00$86,533.00$59,886.00$6,379.00 
Total functional expenses: management and general$0.00$0.00$0.00$0.00 
Total functional expenses: fundraising$0.00$0.00$0.00$0.00 
Fees for services
Fundraising service fees (total)$0.00$0.00$0.00$0.00 
Assets and liabilities
Total assets$109,669.00$70,529.00$92,323.00$57,598.00$3,056.00
Total assets, beginning of year$70,529.00$92,323.00$57,598.00$4,191.00 
Total liabilities$0.00$0.00$0.00$0.00$0.00
Unrestricted net assets, end of yr$109,669.00$70,529.00$92,323.00$57,598.00 
Net assets$109,669.00$70,529.00$92,323.00$57,598.00 
Net assets, beginning of year$70,529.00$92,323.00$57,598.00$4,191.00 
Cash: non-interest bearing$109,669.00$70,529.00$92,323.00$57,598.00 
Cash: non-interest bearing, beginning of year$70,529.00$92,323.00$57,598.00$4,191.00 
Other financial variables
Revenue less expenses$39,140.00-$21,794.00$34,725.00$53,407.00 
Total net assets or fund balances$109,669.00$70,529.00$92,323.00$57,598.00 
Governance and accountability
Number of voting members5554 
Number of independent voting members5554 
Cash accountingTrueTrueTrueTrue 
Tax year start date2017-01-012016-01-012015-01-012014-01-01 
Tax year end date2017-12-012016-12-012015-12-012014-12-012011-12-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990 
Date e-filing submitted2018-08-242017-08-222016-08-292016-07-25 
IRS schema version2017v2.32016v3.02015v2.12014v6.0 
Filing identifier201801389349300605201711039349300706201611069349300136201600919349300305 
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