New Mexico Tech University Research Park Corporation

Organization Overview

New Mexico Tech University Research Park Corporation is located in Socorro, NM. The organization was established in 2014. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Mexico Tech University Research Park Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, New Mexico Tech University Research Park Corporation generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 33.3% each year . All expenses for the organization totaled $86.7k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMPT INDUSTRIAL AND COMMERCIAL DEVELOPMENT OF PRIVATE INDUSTRIES TO NEW MEXICO INSTITUTE OF MINING AND TECHNOLOGY, AND IF POSSIBLE, TO THE SOCORRO AREA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CORPORATION MANAGES THE PATENTS DEVELOPED AT NEW MEXICO INSTITUTE OF MINING AND TECHNOLOGY.


PROVIDES CYBERSECURITY SERVICES THROUGH 30% OWNERSHIP IN RISKSENSE, WHICH HAD BEEN FORMED TO PRIVATIZE RESEARCH EFFORTS OF THE NEW MEXICO INSTITUTE OF MINING AND TECHNOLOGY.


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Board, Officers & Key Employees

Name (title)Compensation
Callum Bell
President
$0
Dr Peter Anselmo
Secretary/treasurer
$0
Van Romero
President (through December 2021)
$0
Ernie C'debaca
Director
$0
Dale Dekker
Director
$0
Dr Nelia Dunbar
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$1,000
Investment income $6,064
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,645,926

Grants Recieved

Over the last fiscal year, we have identified 1 grants that New Mexico Tech University Research Park Corporation has recieved totaling $10,000.

Awarding OrganizationAmount
National Center For Women And Information Technology

Boulder, CO

PURPOSE: EXTENSION SERVICES GIFT FUNDS

$10,000
View Grant Recipient Profile

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