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Filing year 2023

NEW MEXICO TECH UNIVERSITY RESEARCH PARK CORPORATION

Socorro, New Mexico·EIN 20-1415351·NTEE B43 · Education·501(c)(3)
Total revenue
$32k
Total assets
$3.2M
Total expenses
$158k
Reported officers
17
Mission

TO PROMPT INDUSTRIAL AND COMMERCIAL DEVELOPMENT OF PRIVATE INDUSTRIES TO NEW MEXICO INSTITUTE OF MINING AND TECHNOLOGY, AND IF POSSIBLE, TO THE SOCORRO AREA.

Executive compensation

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations nationwide.

Vice President
10th to 25th percentile
$31k
$34k
Director (thru April 2024)
Board Member
25th percentile to median
$24k
$26k
Director
Board Member
25th percentile to median
$20k
$22k
Director
Board Member
25th percentile to median
$14k
$15k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 13 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at NEW MEXICO TECH UNIVERSITY RESEARCH PARK CORPORATION equaled 20% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
20%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 50%
from 2022

From $61k in 2022 to $31k in 2023.

$61k
2022
$31k
2023
In today's dollarsEst.
Down 52% in real terms$70k to $34k

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay fell 61% from 2022 to 2023, while revenue rose 7%.

$61k in 2022 to $24k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about NEW MEXICO TECH UNIVERSITY RESEARCH PARK CORPORATION

What does the Vice President of NEW MEXICO TECH UNIVERSITY RESEARCH PARK CORPORATION earn?

In 2023, the Vice President of NEW MEXICO TECH UNIVERSITY RESEARCH PARK CORPORATION received $30,919 in total compensation. This pay is in the bottom quarter for Vice President roles among Education organizations nationwide, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Vice President pay at NEW MEXICO TECH UNIVERSITY RESEARCH PARK CORPORATION compare with similar nonprofits?

Compared with the same role at Education organizations nationwide, the 2023 pay of the Vice President at NEW MEXICO TECH UNIVERSITY RESEARCH PARK CORPORATION falls between the 10th and 25th percentiles. In 2023, the highest total compensation at NEW MEXICO TECH UNIVERSITY RESEARCH PARK CORPORATION equaled 20% of the organization's total expenses. The median for education organizations is 7%.

What are NEW MEXICO TECH UNIVERSITY RESEARCH PARK CORPORATION's revenue and expenses?

In 2023, NEW MEXICO TECH UNIVERSITY RESEARCH PARK CORPORATION reported $32k in total revenue and $158k in total expenses on its IRS Form 990.

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