Overview
What is New Mexico Bioscience Authority?
The New Mexico Bioscience Authority is a nonprofit organization committed to boosting New Mexico's bioscience sector. Their primary objectives involve attracting capital investors, influencing policy, and aiding in infrastructure and business development within this sector. They achieve this by linking essential elements such as Research & Development, Technology Transfer, Investment and Funding, and Workforce Development. By doing so, the organization aims to strengthen the presence of the bioscience industry in the state, thereby increasing its overall support and awareness.
Official website here: www.nmbioscience.org
Is New Mexico Bioscience Authority legitimate?
New Mexico Bioscience Authority is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Mexico Bioscience Authority 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:
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Other Salaries and Wages: $193,263
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Official website here: www.nmbioscience.org
What is the mission statement of New Mexico Bioscience Authority?
The New Mexico Bioscience Authority's mission is centered around boosting the bioscience industry within the state. To achieve this, they focus on several key areas. They aim to attract capital investors, thereby increasing financial support for the sector. Influencing policy is another aspect of their mission, ensuring that the bioscience industry has a favorable environment to thrive. Additionally, they assist in infrastructure and business development, helping to create a conducive environment for research and innovation. Furthermore, the authority plays a role in workforce development, ensuring that New Mexico has a skilled workforce to support the bioscience industry. They connect various elements of Research & Development, Technology Transfer, Investment, and Funding, thereby facilitating growth in the bioscience sector.
Official website here: www.nmbioscience.org
What is the revenue of New Mexico Bioscience Authority?
New Mexico Bioscience Authority's revenue in 2024 was $516,500.
Official website here: www.nmbioscience.org
Who are the executives of New Mexico Bioscience Authority and what are their salaries?
Here are 12 key members and their salaries:
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Official website here: www.nmbioscience.org
Where can I find the form 990 for New Mexico Bioscience Authority?
New Mexico Bioscience Authority's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.nmbioscience.org
Learn more at the official website: www.nmbioscience.org
Mission Statement of New Mexico Bioscience Authority
The New Mexico Bioscience Authority is dedicated to enhancing the presence of the bioscience industry within the state. Their mission is multifaceted, encompassing various aspects to achieve this goal. Primarily, they aim to boost awareness and garner support for New Mexico's bioscience sector. To accomplish this, they focus on attracting capital investors, influencing policies that favor the industry, and providing assistance in infrastructure and business development. The New Mexico Bioscience Authority serves as a conduit, connecting all the essential elements of Research & Development, Technology Transfer, Investment, and Funding, and Workforce Development. By doing so, they contribute to fostering a conducive environment for the growth and success of the bioscience industry in the state.
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Impact
October, 2024
The New Mexico Bioscience Authority plays a critical role in enhancing the bioscience industry within the state, contributing significantly to economic growth and innovation. By attracting capital investors, the Authority fosters financial support that is vital for the development of bioscience ventures. It also influences policy to create a favorable business environment, enabling sustainable industry growth.
Through its efforts in infrastructure and business development, the Authority helps establish a robust ecosystem for research and development. This supportive framework facilitates effective technology transfer, ensuring that scientific advancements are translated into practical applications and marketable products.
Additionally, the New Mexico Bioscience Authority prioritizes workforce development, equipping the local talent pool with the necessary skills to thrive in the bioscience sector. By connecting various stakeholders—research institutions, businesses, and investors—the Authority enhances collaboration and drives innovation.
Overall, the New Mexico Bioscience Authority not only increases awareness of the state's bioscience sector but also positions New Mexico as a competitive player in the broader bioscience landscape, ensuring long-term benefits for the community and the economy.
This information is meant to be a general summary of New Mexico Bioscience Authority. 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 2024.
- Gross Receipts: $516,500
Assets and Liabilities:
- Total Assets: $256,978
- Total Liabilities: $290,810
- Net Assets: -$33,832
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Organization Details
Founding Year
2017
Principal Officer
Richard S Larson
Website
www.nmbioscience.orgNTEE Category
Code: S40 - Community improvement
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