New Mexico Bio-Technology & Bio-Medical Association
- Assets
- $41.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albuquerque, NM
- Founding
- 03/2001
- Data as of
- 12/2023
- EIN
- 85-0474465
Organization Overview
New Mexico Bio-Technology & Bio-Medical Association is located in Albuquerque, NM. The organization was established in 2001. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Mexico Bio-Technology & Bio-Medical Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, New Mexico Bio-Technology & Bio-Medical Association generated $184.4k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $251.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE NEW MEXICO BIOTECHNOLOGY BIOMEDICAL ASSOCIATION, INC. IS A VOICE OF THE BIOTECHNOLOGY AND BIOMEDICAL INDUSTRY TO STATE, FEDERAL AND LOCAL GOVERNMENTS. IT IS ALSO A FORUM FOR INFORMATION EXCHANGE, DEVELOPING INITIATIVES TO EN
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Vanness President | 1 | $0 | |
Darlene Harbour Vice President | 1 | $0 | |
Elizabeth Kuuttila Vice President | 1 | $0 | |
Wayne Savage Vice President | 1 | $0 | |
Janeen Vilven-Doggett Secretary | 1 | $0 | |
Michael Vickers Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $43,050 |
| Investment income | $46 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $141,292 |
| Total Revenue | $184,388 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $107,649 |
| Professional fees and other payments to independent contractors | $4,498 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $139,039 |
| Total expenses | $251,186 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,157 |
| Other assets | $0 |
| Total assets | $41,157 |
| Total liabilities | $0 |
| Net assets or fund balances | $41,157 |