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Filing year 2023

ALBERT B AND VERA CLEMENT CHARITABLE TRU

Altoona, Iowa·EIN 42-1214336·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$45k
Total assets
$2M
Total expenses
$121k
Reported officers
1

Reported officers (all unpaid)

No paid executives reported in 2023. ALBERT B AND VERA CLEMENT CHARITABLE TRU reported 1 unpaid officer or board member on its 990-PF.

Trustee
Pay in context

Top pay as a share of expenses

In 2022, the highest total compensation at ALBERT B AND VERA CLEMENT CHARITABLE TRU equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2022)
2%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$89k

Itemized grants

9

Median grant

$8k

RecipientLocationPurposeAmount
MAXWELL COMMUNITY CENTERMAXWELL, IASUPPORT SENIOR CITIZENS$26k
MITCHELLVILLE COMM SENIOR CENTERMITCHELLVILLE, IASUPPORT SENIOR CITIZENS$21k
RUNNELLS COMMUNITY CENTERRUNNELLS, IASUPPORT SENIOR CITIZENS$8k
GRAHAM CEMETARYDES MOINES, IASUPPORT SENIOR CITIZENS$8k
THE GATHERING PLACEMONROE, IASUPPORT SENIOR CITIZENS$8k
COLFAX SENIOR CITIZENS COMMUNITY CENTERCOLFAX, IASUPPORT SENIOR CITIZENS$6k
BONDURANT LEGION SENIOR CENTERBONDURANT, IASUPPORT SENIOR CITIZENS$5k
BAXTER COMMUNITY CENTERBAXTER, IASUPPORT SENIOR CITIZENS$4k
MINGO COMM SENIOR CITIZENSMINGO, IASUPPORT SENIOR CITIZENS$4k
Financial trend

Revenue and expenses over time

ALBERT B AND VERA CLEMENT CHARITABLE TRU reported revenue and expenses across 2 filing years.

RevenueExpenses
$47k
$114k
2022
$45k
$121k
2023
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Iowa

ALBERT B AND VERA CLEMENT CHARITABLE TRU reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Iowa earns a median of $9,846.

25th percentile
$2k
Median
$9,846
75th percentile
$52k
90th percentile
$140k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 312 organizations across 312 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Iowa

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FAQ

Common questions about ALBERT B AND VERA CLEMENT CHARITABLE TRU

What are ALBERT B AND VERA CLEMENT CHARITABLE TRU's revenue and expenses?

In 2023, ALBERT B AND VERA CLEMENT CHARITABLE TRU reported $45k in total revenue and $121k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.