Arrowhead Center Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 850379663 ✦ Las cruces, NM ✦ Designated as a 501(c)(3)

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Overview

What is Arrowhead Center Inc?

Arrowhead Center Inc, located in Las Cruces, New Mexico, is a nonprofit organization with a mission to promote New Mexico State University (NMSU) as a hub for collaborative opportunities with both the private and public sectors. With a focus on economic development in New Mexico, they specialize in technology commercialization, entrepreneurship, research park development, business incubation, and economic studies/policy analysis. As of now, they have established 42 strategic collaborations and 41 contracts with the private sector. Their workforce comprises three dedicated individuals, contributing to the prosperity and public welfare of New Mexico.


Official website here: www.arrowheadcenter.nmsu.edu

What do the Facebook reviews say about Arrowhead Center Inc?

100% of reviewers on Facebook recommend Arrowhead Center Inc. Here is a summary of their reviews:

The feedback reflects a strong endorsement of the nonprofit, indicating that those involved feel positively about its services and community impact. Notably, one reviewer highlights their appreciation and presents their own creative work, which suggests the center fosters an environment of support and encouragement for artistic endeavors.

Overall, the sentiment towards Arrowhead Center Inc is highly favorable, with reviewers expressing satisfaction and a sense of community involvement. The enthusiastic recommendation from all reviewers showcases the nonprofit's effectiveness and positive influence.


This AI summary has been generated from reviews found on Facebook.

Is Arrowhead Center Inc legitimate?

Arrowhead Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arrowhead Center 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $288,050

For more financial information, click here


Official website here: www.arrowheadcenter.nmsu.edu

What is the mission statement of Arrowhead Center Inc?

Arrowhead Center Inc's mission is centered around fostering economic development in New Mexico, aligning with New Mexico State University's (NMSU) mission. The primary focus of Arrowhead Center is on technology commercialization, entrepreneurship, research park development, business incubation, and economic studies/policy analysis. Its goal is to promote prosperity and public welfare in New Mexico through economic development. Additionally, Arrowhead Center seeks to position NMSU as a hub for collaborative opportunities with both the private and public sectors. This is achieved through strategic corporate collaborations and contracts with the private sector.


Official website here: www.arrowheadcenter.nmsu.edu

Who is the CEO of Arrowhead Center Inc?

Kathryn R Hansen is the Director of Arrowhead Center Inc. The CEO's salary of Arrowhead Center Inc is $0 and their total compensation is $128,578.


Official website here: www.arrowheadcenter.nmsu.edu

What is the revenue of Arrowhead Center Inc?

Arrowhead Center Inc's revenue in 2022 was $795,213.


Official website here: www.arrowheadcenter.nmsu.edu

Who are the executives of Arrowhead Center Inc and what are their salaries?

The average compensation at Arrowhead Center Inc during 2022 was $96,017. There are 3 employees and 5 volunteers at Arrowhead Center Inc.


Here are 21 key members and their salaries (Arrowhead Center Inc's CEO's salary is $0 and their total compensation is $128,578):


Dan Eliab Arvizu (Director)
  • Compensation: $0
  • Related: $500,000
  • Other: $0
Lakshmi Reddi (Director)
  • Compensation: $0
  • Related: $262,436
  • Other: $0
Enrico Pontelli (Director)
  • Compensation: $0
  • Related: $261,758
  • Other: $0
Rolando Flores (Director)
  • Compensation: $0
  • Related: $260,516
  • Other: $0
Luis Cifuentes (Vice Pres/Secy)
  • Compensation: $0
  • Related: $244,635
  • Other: $0
Kenneth Van Winkle (Director)
  • Compensation: $0
  • Related: $210,000
  • Other: $0
Roy Collins Iii (Director)
  • Compensation: $0
  • Related: $209,843
  • Other: $0
Eric Sanchez (Director)
  • Compensation: $0
  • Related: $208,045
  • Other: $0
Wayne Savage (Executive Director)
  • Compensation: $143,250
  • Related: $0
  • Other: $0
Kathryn R Hansen (President & Ceo)
  • Compensation: $0
  • Related: $128,578
  • Other: $0
Ross Justus (Treasurer)
  • Compensation: $0
  • Related: $108,978
  • Other: $0
J Leonard Martinez (Director)
  • Compensation: $0
  • Related: $83,636
  • Other: $0
Neal Bitsie (Director)
  • Compensation: $0
  • Related: $13,002
  • Other: $0
Arsenio Romero (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dorothy Campbell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eileen Hogan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Rogers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Davin Lopez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James C Manatt Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Kerby Moore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alicia Keyes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.arrowheadcenter.nmsu.edu

Where can I find the form 990 for Arrowhead Center Inc?

Arrowhead Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.arrowheadcenter.nmsu.edu

Learn more at the official website: www.arrowheadcenter.nmsu.edu

Mission Statement of Arrowhead Center Inc

Arrowhead Center Inc, a nonprofit entity, is committed to fostering economic development in New Mexico, aligning with New Mexico State University's (NMSU) mission. Its primary focus is on technology commercialization, entrepreneurship, research park development, business incubation, and economic studies/policy analysis. The organization's ultimate goal is to promote prosperity and public welfare in New Mexico through economic development. Arrowhead Center Inc serves as a hub for collaborative opportunities between the private and public sectors, fostering 42 strategic corporate collaborations and securing 41 contracts with the private sector. By engaging in these activities, Arrowhead Center Inc supports New Mexico State University's role as a catalyst for innovation and growth in the region.

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Impact




October, 2024

Arrowhead Center Inc significantly impacts economic development in New Mexico by spearheading initiatives that enhance technology commercialization, foster entrepreneurship, and develop research parks. Positioned in Las Cruces, the center aligns its efforts with New Mexico State University's mission, effectively establishing the university as a hub for collaborative opportunities between the private and public sectors.

Through 42 strategic corporate collaborations and 41 contracts with the private sector, Arrowhead Center plays a crucial role in bridging gaps between academia and industry, facilitating innovative partnerships that drive economic growth. By focusing on business incubation and conducting comprehensive economic studies and policy analysis, Arrowhead Center supports local entrepreneurs and businesses, ultimately promoting prosperity and public welfare within the region. Its multifaceted approach not only bolsters the local economy but also enhances the community's overall quality of life.




This information is meant to be a general summary of Arrowhead Center 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.

Revenue
$795,213 (2022)
Expenses
$777,603 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $795,213
  • Gross Receipts: $795,213

Assets and Liabilities:

  • Total Assets: $16,152,327
  • Total Liabilities: $14,409,115
  • Net Assets: $1,743,212

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

COMMERCIALIZ. INTELL.PROP

Revenue

$6,863

ENTERPRENEURSH, BUS INCUB

Revenue

$202,894

RESEARCH PARK

Revenue

$585,456

Organization Details

Founding Year

1989

Principal Officer

Kathryn R Hansen

Main Address

PO BOX 30001 MSC 700, LAS CRUCES, NM, 88003

NTEE Category

Code: S30 - Community improvement

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