Overview
What is Nmc Inc?
Nmc Inc, also known as New Mexico Consortium, is a nonprofit organization situated in Los Alamos, New Mexico. Their mission involves building connections between local research universities and organizations, supporting research and education in the public interest. Nmc Inc fosters collaborative research projects, primarily focusing on areas such as high performance computing, climate change, biomedical and human health, and space science. Notably, they are involved in the Ultrascale Systems Research Center (USRC), which aims to research and support high performance computing at the exascale level. Moreover, they collaborate on various global initiatives, including NASA's Van Allen Probes Mission Science Support, and the Collaboration for AIDS Vaccine Discovery and Comprehensive Antibody Vaccine Immune Monitoring Consortium (supported by the Gates Foundation). Nmc Inc also develops disruptive technologies for agriculture, aquaculture, and environmental challenges, and provides access to biolab collaboration spaces for research purposes. They employ 99 individuals and continue to grow their impact in the scientific community.
Official website here: www.newmexicoconsortium.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
Nmc Inc has achieved an impressive score of 96% on Charity Navigator, reflecting its strong commitment to accountability and financial transparency. The organization boasts a 100% independent board, ensuring that its governance is free from conflicts of interest. Additionally, the charity maintains robust financial oversight, as evidenced by its perfect scores in audit and oversight committees, as well as its effective management of assets.
The organization excels in utilizing its resources effectively, with a program expense ratio of 90.96%, indicating that a significant majority of its funds are directed towards its programs rather than administrative costs. This efficiency, combined with well-documented policies on conflict of interest, whistleblowing, and document retention, highlights Nmc Inc's dedication to ethical practices and operational integrity.
Overall, Nmc Inc stands out as a reliable nonprofit with strong financial health and governance. The lack of noted limitations or concerns in the data further emphasizes its positive standing within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Nmc Inc legitimate?
Nmc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nmc Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $300,048
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,412,203
For more financial information, click here
Official website here: www.newmexicoconsortium.org
What is the mission statement of Nmc Inc?
The New Mexico Consortium (NMC) functions to bridge the research needs of local universities and organizations. By establishing strategic partnerships with scientific institutions globally, NMC supports research and education in the public interest. NMC's mission encompasses the development and pursuit of research and education programs in scientific disciplines. Through these initiatives, NMC fosters collaboration and knowledge exchange, ultimately contributing to advancements in various fields.
Official website here: www.newmexicoconsortium.org
Who is the CEO of Nmc Inc?
Steven Buelow is the Executive Di of Nmc Inc.
Official website here: www.newmexicoconsortium.org
What is the revenue of Nmc Inc?
Nmc Inc's revenue in 2022 was $12,482,692.
Official website here: www.newmexicoconsortium.org
Who are the executives of Nmc Inc and what are their salaries?
The average compensation at Nmc Inc during 2022 was $47,598. There are 99 employees and 7 volunteers at Nmc Inc.
Here are 17 key members and their salaries:
- Compensation: $179,588
- Related: $0
- Other: $10,446
- Compensation: $165,157
- Related: $0
- Other: $9,121
- Compensation: $161,700
- Related: $0
- Other: $7,996
- Compensation: $122,357
- Related: $0
- Other: $28,909
- Compensation: $141,476
- Related: $0
- Other: $5,513
- Compensation: $110,324
- Related: $0
- Other: $15,446
- Compensation: $115,392
- Related: $0
- Other: $5,148
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.newmexicoconsortium.org
Where can I find the form 990 for Nmc Inc?
Nmc Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newmexicoconsortium.org
Learn more at the official website: www.newmexicoconsortium.org
Mission Statement of Nmc Inc
New Mexico Consortium (NMC) is a dynamic organization dedicated to fostering collaborative research between New Mexico's academic institutions and the wider scientific community. By integrating the needs of local universities and organizations, NMC serves as a catalyst for liaison research, forming strategic connections with scientific institutions globally. This outreach supports research and education in the public interest, and NMC actively develops and pursues scientific programs in various fields.
In essence, NMC acts as a bridge, linking the research capabilities of New Mexico's universities to the world stage. This mission is crucial in driving innovation and advancements in scientific knowledge. By building a global network of partnerships, NMC broadens the scope of research opportunities and fosters multidisciplinary collaborations. This, in turn, enriches the academic landscape and contributes to the advancement of scientific discoveries.
Moreover, NMC plays a pivotal role in the scientific community by developing and executing research and education programs. These initiatives aim to explore new areas of scientific understanding and provide opportunities for scientific growth. By focusing on the public interest, NMC ensures that the results of its research efforts benefit a wide audience, contributing to the betterment of society as a whole.
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Impact
October, 2024
Nmc Inc plays a pivotal role in advancing scientific research and education in New Mexico and beyond. By integrating the needs of the state's research universities, NMC fosters collaborative opportunities that enhance the capacity for groundbreaking research across various disciplines.
One of the organization's key initiatives, the Ultrascale Systems Research Center (USRC), addresses critical challenges in high-performance computing, laying the groundwork for advancements at exascale and beyond. This focus not only benefits local institutions but also positions New Mexico as a leader in computational research on a global scale.
Through partnerships with prestigious entities such as NASA and the Gates Foundation, NMC supports pioneering projects in space science and vaccine discovery. The research collaboration on the NASA Van Allen Probes Mission ensures that significant scientific inquiries are undertaken, pushing the boundaries of our understanding of space phenomena.
NMC's emphasis on sustainable agricultural practices, exemplified by initiatives aimed at increasing the yield and stability of algal cultivation systems, demonstrates its commitment to addressing urgent global challenges. By developing disruptive technologies in agriculture and environmental science, NMC contributes to innovative solutions that are essential for our planet's future.
Additionally, NMC serves as a hub for interdisciplinary research, encompassing areas such as climate change, material science, biomedical research, and hydrology. Its collaborative programs not only enhance the academic landscape of New Mexico but also impact global scientific communities by facilitating knowledge exchange and resource sharing.
Overall, Nmc Inc's dynamic approach to building strategic connections among universities, research institutions, and industry partners leads to significant advancements in research and education, ultimately benefiting society at large.
This information is meant to be a general summary of Nmc Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $7,334
- Program Service Revenue: $10,697,950
- Gross Receipts: $12,499,286
Assets and Liabilities:
- Total Assets: $7,880,970
- Total Liabilities: $2,490,385
- Net Assets: $5,390,585
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEDERAL R&D CONTRACTS
Revenue
$5,154,554
NONFEDERAL R&D CONTRACTS
Revenue
$3,933,400
LAB ACCESS FEES
Revenue
$1,528,059
CONFERENCE REVENUE
Revenue
$81,937
Organization Details
Founding Year
2008
Phone
(505) 412-4200Principal Officer
Steven Buelow
Main Address
4200 W JEMEZ ROAD, LOS ALAMOS, NM, 87544
Website
www.newmexicoconsortium.orgNTEE Category
Code: B12 - Education
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