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Nonprofiteer
← NMC INC

Form 990 for tax year 2024

Filed by NMC INC.

Totals

Total revenue
$18,360,316
Total expenses
$17,489,760
Contributions and grants received
$1,071,525
Grants paid
$0
Program service revenue
$17,123,584
Investment income
$165,207
Other revenue
$0
Total assets, end of year
$12,187,180
Total liabilities, end of year
$3,254,596
Net assets or fund balances, end of year
$8,932,584
Program services expenses (Part IX)
$15,867,085
Management and general expenses
$1,622,675
Fundraising expenses
$0
Program service expenses (Part III)
$15,867,085

Program services were 90.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $222,478

  • 1f · All other contributions, gifts and grants

    $849,047

  • 2a · Program service revenue: NONFEDERAL R&D CONTRACTS

    total $8,112,675 · related or exempt $8,112,675

  • 2b · Program service revenue: FEDERAL R&D CONTRACTS

    total $6,744,439 · related or exempt $6,744,439

  • 2c · Program service revenue: LAB ACCESS FEES

    total $1,864,348 · related or exempt $1,864,348

  • 2d · Program service revenue: CONFERENCE REVENUE

    total $402,122 · related or exempt $402,122

  • 3 · Investment income

    total $165,207 · excluded $165,207

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $542,982 · program services $493,027 · management and general $49,955

  • 7 · Other salaries and wages

    total $5,251,584 · program services $4,751,055 · management and general $500,529

  • 8 · Pension plan contributions

    total $511,243 · program services $465,132 · management and general $46,111

  • 9 · Other employee benefits

    total $1,390,152 · program services $1,181,279 · management and general $208,873

  • 10 · Payroll taxes

    total $507,803 · program services $463,910 · management and general $43,893

  • 11b · Fees: legal

    total $7,500 · program services $1,964 · management and general $5,536

  • 11c · Fees: accounting

    total $90,882 · program services $23,802 · management and general $67,080

  • 11g · Fees: other

    total $6,652,004 · program services $6,481,932 · management and general $170,072

  • 12 · Advertising and promotion

    total $71,623 · program services $68,529 · management and general $3,094

  • 13 · Office expenses

    total $64,039 · program services $23,595 · management and general $40,444

  • 14 · Information technology

    total $162,080 · program services $74,704 · management and general $87,376

  • 16 · Occupancy

    total $1,393,778 · program services $1,255,133 · management and general $138,645

  • 17 · Travel

    total $249,048 · program services $237,242 · management and general $11,806

  • 19 · Conferences, conventions and meetings

    total $111,972 · program services $111,972

  • 20 · Interest

    total $3,592 · management and general $3,592

  • 22 · Depreciation, depletion and amortization

    total $228,308 · program services $62,777 · management and general $165,531

  • 23 · Insurance

    total $56,401 · program services $33,325 · management and general $23,076

  • 24a · Other expenses: PATENT COSTS

    total $44,856 · program services $44,856

  • 24b · Other expenses: SCHOLARSHIPS AND STIPENDS

    total $36,550 · program services $36,050 · management and general $500

  • 24c · Other expenses: REPAIR AND MAINTANANCE

    total $36,100 · program services $9,114 · management and general $26,986

  • 24d · Other expenses: MEALS AND ENTERTAINMENT

    total $28,368 · program services $19,874 · management and general $8,494

  • 24e · All other expenses

    total $48,895 · program services $27,813 · management and general $21,082

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $403,454 · end of year $269,565

  • 2 · Savings and temporary cash investments

    beginning of year $601,248 · end of year $2,178,084

  • 3 · Pledges and grants receivable

    beginning of year $2,294,774 · end of year $2,123,622

  • 4 · Accounts receivable

    beginning of year $3,946

  • 7 · Other notes and loans receivable

    beginning of year $1,102,718 · end of year $760,745

  • 9 · Prepaid expenses and deferred charges

    beginning of year $188,825 · end of year $109,736

  • 10a · Land, buildings and equipment: cost or other basis

    $1,477,536

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,018,761

  • 10c · Land, buildings and equipment, net

    beginning of year $514,224 · end of year $458,775

  • 11 · Investments: publicly traded securities

    beginning of year $3,863,902 · end of year $4,245,112

  • 12 · Investments: other securities

    beginning of year $2,409,553 · end of year $1,699,553

  • 14 · Intangible assets

    beginning of year $103,550 · end of year $56,747

  • 15 · Other assets

    beginning of year $870,817 · end of year $285,241

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,949,459 · end of year $2,637,628

  • 19 · Deferred revenue

    beginning of year $491,465 · end of year $184,448

  • 24 · Unsecured notes and loans payable

    beginning of year $98,093

  • 25 · Other liabilities

    beginning of year $1,064,779 · end of year $432,520

  • 27 · Net assets without donor restrictions

    beginning of year $8,753,215 · end of year $8,932,584

Mission and programs · 2024

Mission

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.

  • 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. FUNDS TO LOCAL UNIVERSITIES AND COLLEGES IN SUPPORT FOR THE IMPROVEMENT OF CAPABILITIES, COURSE MATERIALS, AND EXPERIENCE-BASED ACADEMIC LEARNING THAT LEADS TO A BETTER TRAINED WORKFORCE ENTERING AND SUPPORTING LANLS MISSION NNSA SUPPORTED). 4. RESEARCH COLLABORATION AGREEMENT FOR THE COLLABORATION FOR AIDS VACCINE DISCOVERY AND COMPREHENSIVE ANTIBODY VACCINE IMMUNE MONITORING CONSORTIUM (GATES FOUNDATION). 5. 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. 6. CENTER FOR APPLIED FIRE AND ECOSYSTEM SCIENCE. THE MISSION OF CENTER FOR APPLIED FIRE AND ECOSYSTEM SCIENCE IS TO ADVANCE NEXT GENERATION TOOLS, TECHNOLOGIES, AND SCIENCE IN SUPPORT OF ECOSYSTEMS, CONSERVATION, AND CULTURAL RESOURCE MANAGEMENT AND RESEARCH. THEY DRAW FROM EXPERTISE IN FIRE BEHAVIOR AND ECOSYSTEM PROCESS MODELING, FIELD-BASED CONSERVATION AND WILDLIFE STUDIES, QUANTITATIVE FIRE ARCHAEOLOGY AND FIRE EFFECTS, PALEO- FIRE STUDIES, ADVANCED FUELS MAPPING, AND REMOTE SENSING. CENTER SCIENTISTS WORK CLOSELY WITH FEDERAL, TRIBAL, AND ACADEMIC PARTNERS TO DEVELOP TOOLS AND SCIENCE TO INFORM CONSERVATION AND MANAGEMENT OF CULTURAL AND NATURAL RESOURCES ACROSS THE US. 7. ADVANCED COMPUTING PROGRAM ENABLES CUTTING-EDGE RESEARCH, COLLABORATION, AND WORKFORCE DEVELOPMENT BY PROVIDING ACCESS TO HIGH-PERFORMANCE COMPUTING (HPC), DATA-INTENSIVE RESOURCES, ARTIFICIAL INTELLIGENCE, AND EMERGING TECHNOLOGIES SUCH AS QUANTUM COMPUTING. THROUGH STRATEGIC PARTNERSHIPS WITH UNIVERSITIES, NATIONAL LABORATORIES, AND INDUSTRY, NMC ADVANCES COMPUTATIONAL CAPABILITIES THAT SUPPORT SCIENTIFIC DISCOVERY, INNOVATION, AND REGIONAL AND NATIONAL RESEARCH PRIORITIES.

    Expenses $15,867,085 · Revenue $17,123,584

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • ALEX LOVELL TROY

    RESEARCH SCI

    Total calculated
    $260,036
    From this org
    $243,246
    From related orgs
    $0
    Other
    $16,790
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $243,246
    Bonus
    not reported
    Other
    not reported
    Deferred
    $16,790
    Nontaxable benefits
    not reported
    Filer's total
    $260,036

  • JOHN R ENGEN

    CEO

    Total calculated
    $254,928
    From this org
    $228,612
    From related orgs
    $0
    Other
    $26,316
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $228,612
    Bonus
    not reported
    Other
    not reported
    Deferred
    $26,316
    Nontaxable benefits
    not reported
    Filer's total
    $254,928

  • JOHN MICHAEL BENT

    RESEARCH SCI

    Total calculated
    $252,105
    From this org
    $210,882
    From related orgs
    $0
    Other
    $41,223
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $210,882
    Bonus
    not reported
    Other
    not reported
    Deferred
    $41,223
    Nontaxable benefits
    not reported
    Filer's total
    $252,105

  • DR UGANDHAR PORLA

    RESEARCH SCI

    Total calculated
    $198,982
    From this org
    $177,763
    From related orgs
    $0
    Other
    $21,219
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $177,763
    Bonus
    not reported
    Other
    not reported
    Deferred
    $21,219
    Nontaxable benefits
    not reported
    Filer's total
    $198,982

  • IRINA IZVEKOVA

    COO

    Total calculated
    $198,482
    From this org
    $164,100
    From related orgs
    $0
    Other
    $34,382
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $164,100
    Bonus
    not reported
    Other
    not reported
    Deferred
    $34,382
    Nontaxable benefits
    not reported
    Filer's total
    $198,482

  • DAVID A KNIGHT

    RESEARCH SCI

    Total calculated
    $188,710
    From this org
    $170,868
    From related orgs
    $0
    Other
    $17,842
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $170,868
    Bonus
    not reported
    Other
    not reported
    Deferred
    $17,842
    Nontaxable benefits
    not reported
    Filer's total
    $188,710

  • GREG DYE

    CFO

    Total calculated
    $178,265
    From this org
    $150,270
    From related orgs
    $0
    Other
    $27,995
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $150,270
    Bonus
    not reported
    Other
    not reported
    Deferred
    $27,995
    Nontaxable benefits
    not reported
    Filer's total
    $178,265

  • DR CARLOS ROMERO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • DR ELLEN FISHER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • DR HENGAMEH RAISSY

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • DR J PATRICK FITCH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • DR DUNCAN MCBRANCH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • LIQUE COOLEN

    VICE CHAIR/T

    Total calculated
    $0
    Hours/week
    2

  • VIMAL CHAITANYA

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • PATRICIA SULLIVAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Independent compensation consultant
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • NEW MEXICO CONSORTIUM HOLDINGS

    REAL ESTAT · NM

    Directly controlled by NMC INC

  • PAJARITO CLOUD COMPUTING

    IT · NM · income $7,879 · assets $173,221

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2024
Filed
13 April 2026
IRS schema version
2024v5.0
Source object
202601069349301045

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