Nmc Inc
- Assets
- $8.3m
- Revenue
- $11.2m
- Investments
- $1.8m
- Employees
- 146
- Location
- Los Alamos, NM
- Founding
- 05/2009
- Data as of
- 06/2021
- EIN
- 26-0370262
Organization Overview
Nmc Inc, operating under the name New Mexico Consortium, is located in Los Alamos, NM. The organization was established in 2009. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 06/2021, New Mexico Consortium employed 146 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Mexico Consortium 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 06/2021, New Mexico Consortium generated $11.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $10.8m during the year ending 06/2021. While expenses have increased by 2.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
NEW MEXICO CONSORTIUM (NMC) INTEGRATES THE NEEDS OF NEW MEXICO'S RESEARCH UNIVERSITIES TO BUILD LIASON RESEARCH BETWEEN LOCAL UNIVERSITIES AND ORGANIZATIONS. NMC BUILDS STRATEGIC CONNECTIONS WITH SCIENTIFIC INSTITUTIONS THROUGHOUT THE WORLD IN ORDER TO SUPPORT RESEARCH AND EDUCATION IN THE PUBLIC INTEREST. NMC DEVELOPS AND PURSUES RESEARCH AND EDUCATION PROGRAMS IN THE SCIENTIFIC FIELDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCIENTIFIC RESEARCH AND COLLABORATIVE PROGRAMS WITH INSTITUTIONAL AND INDUSTRIAL TEAMS WHO COORDINATE AND LEAD COLLABORATIVE RESEARCH PROJECTS IN THE FOLLOWING AREAS: 1. THE ULTRASCALE SYSTEMS RESEARCH CENTER (USRC) IS A COLLABORATIVE CENTER FOCUSED ON RESEARCH TO SUPPORT HIGH PERFORMANCE COMPUTING AT EXASCALE AND BEYOND, ESTABLISHED TO FOSTER COLLABORATION IN EXASCALE RESEARCH. 2. NASA VAN ALLEN PROBES MISSION SCIENCE SUPPORT (NASA). 3. SUCCESS THROUGH SYNERGY - INCREASE CULTIVATION YIELD AND STABILITY WITH RATIONALLY DESIGNED CONSORTIA THAT, THROUGH INCREASES IN INSTANTANEOUS PRODUCTIVITY AND STABILITY, WILL IMPROVE THE YEILD OF ALGAL CULTIVATION SYSTEMS (U.S. DOE). 4. RESEARCH COLLABORATION AGREEMENT FOR THE COLLABORATION FOR AIDS VACCINE DISCOVERY COMPREHENSIVE ANTIBODY VACCINE IMMUNE MONITORING CONSORTIUM (GATES FOUNDATION). 5. DEVELOP DISRUPTIVE TECHNOLOGIES THAT ADDRESS THE GREATEST AGRICULTURE, AQUACULTURE, AND ENVIRONMENTAL CHALLENGES FACING THE GLOBE (PEBBLE LABS). 6. BIOLAB COLLABORATION SPACE ACCESS IN SUPPORT OF PROJECT RESEARCH. 7. RESEARCH AT THE NMC INCLUDES ADVANCED COMPUTING, BIOFUELS, BIOMEDICAL AND HUMAN HEALTH, CLIMATE CHANGE, HYDROLOGY, MATERIAL SCIENCE, NEUROMORPHIC COMPUTING, PLANT BIOLOGY AND AGRICULTURE, PHYSICS, SEISMIC RESEARCH, AND SPACE SCIENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Buelow Executive Di | Officer | 40 | $163,678 |
Omar Eduardo Contreras Corona Cio | 40 | $161,278 | |
Thomas C Terwilliger Research Sci | 40 | $149,594 | |
Alina A Corcoran Research Sci | 40 | $127,327 | |
Irina Izvekova COO | 40 | $116,155 | |
David Nicholaeff Research Sci | 40 | $114,686 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $865,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $107,801 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $973,701 |
| Total Program Service Revenue | $10,091,804 |
| Investment income | $48,803 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$18,101 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,151,295 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $327,553 |
| Compensation of current officers, directors, key employees. | $13,675 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,594,183 |
| Pension plan accruals and contributions | $423,242 |
| Other employee benefits | $1,211,435 |
| Payroll taxes | $382,960 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,263 |
| Fees for services: Accounting | $29,125 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,720,545 |
| Advertising and promotion | $39,721 |
| Office expenses | $246,410 |
| Information technology | $186,230 |
| Royalties | $0 |
| Occupancy | $1,186,913 |
| Travel | $12,541 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $22,628 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $175,796 |
| Insurance | $36,064 |
| All other expenses | $24,962 |
| Total functional expenses | $10,833,269 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,011,371 |
| Savings and temporary cash investments | $1,192,916 |
| Pledges and grants receivable | $1,540,341 |
| Accounts receivable, net | $3,200 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,730,229 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $464,583 |
| Net Land, buildings, and equipment | $482,863 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,763,194 |
| Investments—program-related | $0 |
| Intangible assets | $129,956 |
| Other assets | $0 |
| Total assets | $8,318,653 |
| Accounts payable and accrued expenses | $1,453,437 |
| Grants payable | $0 |
| Deferred revenue | $103,295 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $361,584 |
| Unsecured mortgages and notes payable | $853,779 |
| Other liabilities | $399,844 |
| Total liabilities | $3,171,939 |
| Net assets without donor restrictions | $5,146,714 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,318,653 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Nmc Inc has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Los Alamos National Laboratory Foundation Espanola, NM PURPOSE: REGIONAL PARTNERSHIP SCHOOL REQUESTS TWO YEARS OF FUNDING AT THE LEVEL OF $20,000 PER YEAR TO COMPLEMENT THE IN-HOUSE FUNDING TO FURTHER SUPPORT THE DEVELOPMENT OF PROFESSIONAL LEARNING AND CONTINUOUS IMPROVEMENT SYSTEMS FOR 30 TEACHERS AND SCHOOL LEADERS. WE REQUEST $5,000 TO COVER SOME OF THE STUDENT'S STIPENDS ($300/STUDENT) OFFERED TO STUDENTS ATTENDING THE SUMMER PHYSICS CAMP FOR YOUNG WOMEN: A TWO-WEEK LONG EVENT THAT AIMS AT INSPIRING STUDENT AWARENESS OF TECHNICAL CAREER OPTIONS AND EMPOWER THEM THROUGH EXCITING HANDS-ON ACTIVITIES, NETWORKING AND DIRECT INTERACTIONS WITH FEMALE MENTORS FROM THE NATIONAL LABORATORIES AND THE BROADER NM COMMUNITY. FISCALLY SPONSORING THE MATH TEACHER LEADER NETWORK FOR $5,000 TO SUPPORT PROFESSIONAL LEARNING AND TEACHER LEADERSHIP DEVELOPMENT FOR 25 TEACHERS AND 10 PRINCIPALS. | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Charter Schools Foundation Phoenix, AZ | $87,939,377 | $45,500,400 |
Wiley College Marshall, TX | $47,591,110 | $22,498,532 |
Meadow Oaks Education Foundation Mesquite, TX | $6,337,401 | $20,503,410 |
Harold E Riley Foundation Fort Worth, TX | $357,850 | $584,984 |
Compass Rose Education Inc San Antonio, TX | $15,459,454 | $19,431,467 |
Institute For Supply Management Inc Tempe, AZ | $18,812,365 | $12,909,076 |
Nmc Inc Los Alamos, NM | $8,318,653 | $11,151,295 |
Valor Texas Education Foundation Austin, TX | $20,040,325 | $11,565,701 |
Foundation For Tulsa Schools Tulsa, OK | $13,402,243 | $11,567,047 |
Eugene Higgins Charitable Trust Dallas, TX | $194,077,327 | $32,131,659 |
Lyndon Baines Johnson Foundation Austin, TX | $271,934,270 | $12,544,612 |
Los Alamos National Laboratory Foundation Espanola, NM | $121,206,991 | $6,734,322 |