Overview
What is New Mexico Trade Alliance?
The New Mexico Trade Alliance is a nonprofit organization dedicated to fostering international trade within the state. In collaboration with the Air Force Research Laboratory (AFRL), they manage a Space Company incubator program and engage in STEM outreach activities. Furthermore, they are responsible for handling international relations on behalf of the City of Albuquerque and Bernalillo County. Additionally, they offer assistance to companies in navigating export assistance programs, thereby contributing to New Mexico's global trade endeavors.
Official website here: www.nmtradealliance.org
Is New Mexico Trade Alliance legitimate?
New Mexico Trade Alliance is a legitimate nonprofit organization registered as a 501(c)(6) entity. New Mexico Trade Alliance 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: $111,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $101,967
For more financial information, click here
Official website here: www.nmtradealliance.org
What is the mission statement of New Mexico Trade Alliance?
The New Mexico Trade Alliance is dedicated to fostering international trade within New Mexico. In this capacity, they undertake various initiatives. One such project involves managing the Space Company incubator program on behalf of the Air Force Research Laboratory AFRL, and conducting STEM outreach efforts for the same organization. They also play a significant role in managing international relations for both the City of Albuquerque and Bernalillo County. Furthermore, the alliance assists companies in navigating export assistance programs. Overall, the New Mexico Trade Alliance's mission is to stimulate international trade opportunities in the state, thereby contributing to its economic growth and development.
Official website here: www.nmtradealliance.org
Who is the CEO of New Mexico Trade Alliance?
Randall Trask Jr is the Principal Officer of New Mexico Trade Alliance.
Official website here: www.nmtradealliance.org
What is the revenue of New Mexico Trade Alliance?
New Mexico Trade Alliance's revenue in 2022 was $1,605,349.
Official website here: www.nmtradealliance.org
Who are the executives of New Mexico Trade Alliance and what are their salaries?
The average compensation at New Mexico Trade Alliance during 2022 was $53,442. There are 4 employees at New Mexico Trade Alliance.
Here are 3 key members and their salaries:
- Compensation: $111,800
- Related: $0
- Other: $12,500
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nmtradealliance.org
Where can I find the form 990 for New Mexico Trade Alliance?
New Mexico Trade Alliance's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nmtradealliance.org
Learn more at the official website: www.nmtradealliance.org
Mission Statement of New Mexico Trade Alliance
The New Mexico Trade Alliance, in its mission, is dedicated to fostering international trade within the state. This organization undertakes various initiatives to achieve this goal. One of its key responsibilities is managing the Space Company incubator program on behalf of the Air Force Research Laboratory AFRL. This program aims to stimulate innovation and growth in the space industry. Additionally, the Alliance conducts STEM outreach efforts for AFRL, promoting science, technology, engineering, and mathematics education.
Beyond its work with the Air Force Research Laboratory, the New Mexico Trade Alliance also manages international relations for both the City of Albuquerque and Bernalillo County. This role involves navigating international diplomacy and fostering relationships between these entities and foreign nations. Moreover, the Alliance provides assistance to companies looking to participate in export assistance programs. This service helps local businesses expand their operations beyond New Mexico's borders, thereby boosting the state's international trade potential.
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Impact
October, 2024
The New Mexico Trade Alliance plays a vital role in enhancing the state's economic landscape by promoting international trade. By implementing a Space Company incubator program in collaboration with the Air Force Research Laboratory (AFRL), it fosters innovation and entrepreneurship within the aerospace sector. Furthermore, its STEM outreach efforts inspire the next generation of professionals, ensuring a skilled workforce to support emerging industries.
In addition to its focus on aerospace, the New Mexico Trade Alliance manages international relations for the City of Albuquerque and Bernalillo County, facilitating global connections and partnerships. Through export assistance programs, it supports local businesses in navigating international markets, ultimately driving economic growth and increasing competitiveness. The Alliance's multifaceted approach not only enhances trade but also contributes to community improvement, reinforcing New Mexico's position in the global economy.
This information is meant to be a general summary of New Mexico Trade Alliance. 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: $82
- Program Service Revenue: $252,892
- Gross Receipts: $1,605,349
Assets and Liabilities:
- Total Assets: $385,237
- Total Liabilities: $69,510
- Net Assets: $315,727
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
541610
Revenue
$252,892
Organization Details
Founding Year
2016
Principal Officer
Randall Trask Jr
Main Address
3301 COORS BLVD NW STE R, ALBUQUERQUE, NM, 871201268
Website
www.nmtradealliance.orgNTEE Category
Code: S41 - Community improvement
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