Civic Intelligence

Mca Tech Park Inc.

990 • Fiscal year 2023 • EIN 45-4664319

Jan 01, 2023 to Dec 31, 2023 • Filed on Jul 23, 2024

5130 Gateway East Boulevard 110El Paso, TX 79905

(915) 613-2478

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

85th percentile

0.74x

Higher debt load relative to assets than 85% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

91st percentile

3.67x

Higher debt load relative to revenue than 91% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Net Margin

90th percentile

49%

Higher net margin than 90% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

46th percentile

$240,163

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Asset Growth

18th percentile

-2.8%

Faster asset growth than 18% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

96th percentile

165%

Faster revenue growth than 96% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Assets

Down

$26,401,396

Down $754,057 (-2.8%) from 2022

Net Assets

Up

$6,963,805

Up $2,587,108 (+59%) from 2022

Liabilities

Down

$19,437,591

Down $3,341,165 (-15%) from 2022

Revenue

Up

$5,298,690

Up $3,301,690 (+165%) from 2022

Expenses

Up

$2,711,582

Up $94,661 (+3.6%) from 2022

Net Income

Up

$2,587,108

Up $3,207,029 (+517%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40M$30M$20M$10M$0Assets 2012: $506,535Liabilities 2012: $503,395Net Assets 2012: $3,1402012Assets 2013: $2,121,446Liabilities 2013: $2,115,672Net Assets 2013: $5,7742013Assets 2014: $4,385,355Liabilities 2014: $1,931,685Net Assets 2014: $2,453,6702014Assets 2015: $21,916,507Liabilities 2015: $19,415,992Net Assets 2015: $2,500,5152015Assets 2016: $28,881,574Liabilities 2016: $26,662,154Net Assets 2016: $2,219,4202016Assets 2017: $30,638,273Liabilities 2017: $23,815,618Net Assets 2017: $6,822,6552017Assets 2018: $29,842,658Liabilities 2018: $22,792,375Net Assets 2018: $7,050,2832018Assets 2019: $29,065,680Liabilities 2019: $22,765,379Net Assets 2019: $6,300,3012019Assets 2020: $28,385,627Liabilities 2020: $22,757,355Net Assets 2020: $5,628,2722020Assets 2021: $27,783,130Liabilities 2021: $22,786,512Net Assets 2021: $4,996,6182021Assets 2022: $27,155,453Liabilities 2022: $22,778,756Net Assets 2022: $4,376,6972022Assets 2023: $26,401,396Liabilities 2023: $19,437,591Net Assets 2023: $6,963,8052023Assets 2024: $25,642,216Liabilities 2024: $19,426,093Net Assets 2024: $6,216,1232024

Highlighted filing

2023

Assets$26,401,396
Liabilities$19,437,591
Net Assets$6,963,805

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2012: $198,229Expenses 2012: $172,634Net Income 2012: $25,5952012Revenue 2013: $194,708Expenses 2013: $192,074Net Income 2013: $2,6342013Revenue 2014: $2,733,123Expenses 2014: $285,227Net Income 2014: $2,447,8962014Revenue 2015: $246,890Expenses 2015: $200,045Net Income 2015: $46,8452015Revenue 2016: $1,380,563Expenses 2016: $1,661,658Net Income 2016: -$281,0952016Revenue 2017: $1,889,655Expenses 2017: $2,870,804Net Income 2017: -$981,1492017Revenue 2018: $1,918,279Expenses 2018: $2,790,651Net Income 2018: -$872,3722018Revenue 2019: $1,962,493Expenses 2019: $2,712,475Net Income 2019: -$749,9822019Revenue 2020: $1,938,052Expenses 2020: $2,610,079Net Income 2020: -$672,0272020Revenue 2021: $1,932,186Expenses 2021: $2,563,840Net Income 2021: -$631,6542021Revenue 2022: $1,997,000Expenses 2022: $2,616,921Net Income 2022: -$619,9212022Revenue 2023: $5,298,690Expenses 2023: $2,711,582Net Income 2023: $2,587,1082023Revenue 2024: $1,994,802Expenses 2024: $2,742,484Net Income 2024: -$747,6822024

Highlighted filing

2023

Revenue$5,298,690
Expenses$2,711,582
Net Income$2,587,108
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jul 23, 2024
Return Version
2023v5.1
Gross Receipts
$5,298,690
Mission and Program Overview

Mission

To be a supporting organization to medical center of the americas foundation, a publicly supported organization, for the development and long-term growth of a vibrant, state-of-the art research park for life sciences and healthcare, beginning with a 60,000-square foot life sciences research and technology building, the cardwell collaborative, as the anchor.

To be a supporting organization to medical center of the americas foundation, a publicly supported organization, for the development and long-term growth of a vibrant, state-of-the art research park for life sciences and healthcare, beginning with a 60,000 square foot life sciences research and technology building, the cardwell collaborative, as the anchor.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$22,934,655$22,232,635▼ $702,020
Accounts Receivable$3,587,517$3,601,611▲ $14,094
Cash and Non-Interest-Bearing Accounts$258,343$533,925▲ $275,582
Savings and Temporary Cash Investments$346,457$0▼ $346,457
Prepaid Expenses and Deferred Charges$28,481$33,225▲ $4,744
Total Assets$27,155,453$26,401,396▼ $754,057
Liabilities
Mortgage Notes Payable Secured by Investment Property$21,270,589$17,577,080▼ $3,693,509
Accounts Payable and Accrued Expenses$1,508,167$1,860,511▲ $352,344
Total Liabilities$22,778,756$19,437,591▼ $3,341,165
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,376,697$6,963,805▲ $2,587,108
Total Net Assets Fund Balance$4,376,697$6,963,805▲ $2,587,108
Total Liabilities and Net Assets / Fund Balance$27,155,453$26,401,396▼ $754,057

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$21,388,054$4,960,929$26,348,983
Equipment$1,257$1,162,982$1,164,239
Land$843,324-$843,324
Compensation and Service Providers

Employees

NameTitleOtherTotal
Xavier CardenasSr Director. Engineering$148,169$148,169
Nancy LowerySr. Director of Innovation$137,644$137,644
Michaele D Linden-johnsonSr. Director of Trials$128,450$128,450

Board Members and Trustees

NameTitle
Josh HuntChair
Christian GieseBoard Vice Chair
Ben MarcusBoard Member
Edward EscuderoBoard Member
Lane GaddyBoard Member
Matthew BohannonBoard Member
Melinda BeckerBoard Member
Rick FrancisBoard Member
Ted HoughtonBoard Member
Carlos OrtegaCEO and CFO

Highest Paid Contractors

ContractorServicesLocationCompensation
Mike Garcia Merchant Security LLCBuilding Security1200 GOLDEN KEY CIRCLE STE 129, El Paso, TX 79925$113,353
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,969,643
Investment Income
$0
Other Revenue
$3,329,047
Change in Net Assets
$2,587,108
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,711,582
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$1,208,672--$1,208,672
Depreciation Depletion$717,904--$717,904
Fees for Services Management-$246,000-$246,000
Fees for Services Accounting-$1,283-$1,283
Other Expenses$32--$32
Total Functional Expenses$2,464,299$247,283$0$2,711,582
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Edward escudero, mca tech park, inc. Board member, rick francis, mca tech park, inc. Board member, josh hunt, mca tech park inc. Chair, and lane gaddy, mca tech park, inc. Board member are members of the board of directors of weststar bank.

Form 990, Part VI, Section A, Line 6

The organization has one member, mcamericas holdings, inc. As the only member, mcamericas holdings, inc. Has the power to approve or disapprove significant decisions of the organization; determine the number of directors of the organization; elect board members; remove board members; and fill vacancies on the board of directors of the organization.

Form 990, Part VI, Section A, Line 7A

The organization has one member, mcamericas holdings, inc., which may elect one or more members of the board of directors.

Form 990, Part VI, Section A, Line 7B

As the sole member of the organization, mcamericas holdings, inc. Has the power to approve a number of significant decisions of the board of directors.

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed by the organization's cfo for changes and approval. The final version of the form 990 is made available to the board of directors prior to filing with the irs.

Form 990, Part VI, Section B, Line 12C

The organization has all employees, contractors, officers and volunteers complete a "conflict of interest" disclosure form annually. Board members complete a conflict of interest disclosure form upon joining the board and upon renewal of their terms. They are additionally required to notify the governance committee if any potential conflicts of interest arise. The governance committee, and sometimes legal counsel, then reviews any potential conflicts that are disclosed.

Form 990, Part VI, Section C, Line 18

If the organization receives a request to inspect or copy of its form 990, or any other financial record, it will permit the person making the request to inspect and/or copy the record during regular business hours at the location where such records are kept.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Mca Tech Park Inc
EIN
45-4664319
Phone
9156132478
Address
5130 GATEWAY EAST BOULEVARD 110, EL PASO, TX 79905

Signing Officer

Name
Carlos Ortega
Title
CEO and CFO
Phone
9156132478
Signed
2024-07-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carlos Ortega
Formed
2011
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

Firm
Lauterbach Borschow & Company Pc
Address
4130 RIO BRAVO STREET, EL PASO, TX 79902
Preparer
Cindy Fields CPA
Phone
9155446950
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The organization has a committee that assumes responsibility for oversight of the audit and selection of an independent public accountant. The organization has not changed either its oversight process or selection process during the tax year.

Financial Statement Notes

PART X, LINE 2:

Under u.s. Generally accepted accounting principles, a tax provision resulting from an uncertain tax position may be recognized when it is more likely than not that the position will be sustained upon examination. Income tax positions must meet a more-likely-than-not recognition threshold at the effective date in order to be recognized. Management has analyzed the tax positions taken by the organization, and has concluded that as of december 31, 2023, no uncertain positions have been taken or are expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements.

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IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06123911
IRS990/LandBldgEquipBasisNetGrp/BOYAmt022934655
IRS990/LandBldgEquipBasisNetGrp/EOYAmt022232635
IRS990/LandBldgEquipCostOrOtherBssAmt028356546
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt0-111434
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0-111434
IRS990/MissionDesc0TO BE A SUPPORTING ORGANIZATION TO MEDICAL CENTER OF THE AMERICAS FOUNDATION, A PUBLICLY SUPPORTED ORGANIZATION, FOR THE DEVELOPMENT AND LONG-TERM GROWTH OF A VIBRANT, STATE-OF-THE ART RESEARCH PARK FOR LIFE SCIENCES AND HEALTHCARE, BEGINNING WITH A 60,000-SQUARE FOOT LIFE SCIENCES RESEARCH AND TECHNOLOGY BUILDING, THE CARDWELL COLLABORATIVE, AS THE ANCHOR.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt021270589
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt017577080
IRS990/NetAssetsOrFundBalancesBOYAmt04376697
IRS990/NetAssetsOrFundBalancesEOYAmt06963805
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04376697
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt06963805
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BUILDING OPERATING EXPE
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2LOCAL MILEAGE
IRS990/OtherExpensesGrp/ProgramServicesAmt0536691
IRS990/OtherExpensesGrp/ProgramServicesAmt11000
IRS990/OtherExpensesGrp/ProgramServicesAmt232
IRS990/OtherExpensesGrp/TotalAmt0536691
IRS990/OtherExpensesGrp/TotalAmt11000
IRS990/OtherExpensesGrp/TotalAmt232
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2454210
IRS990/OtherRevenueMiscGrp/Desc0GAIN ON DEBT EXTINGUIS
IRS990/OtherRevenueMiscGrp/Desc1GAIN ON DEBT EXTINGUIS
IRS990/OtherRevenueMiscGrp/Desc2MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03438993
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt11000
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt2488
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03438993
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2488
IRS990/OtherRevenueTotalAmt03329047
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt028481
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt033225
IRS990/PrincipalOfficerNm0CARLOS ORTEGA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01969643
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01969643
IRS990/ProgSrvcAccomActy2Grp/Desc0SERIES B LOANS TOTALING APPROXIMATELY $3.5 MILLION WERE ASSIGNED TO MEDICAL CENTER OF THE AMERICAS FOUNDATION THROUGH A PUT OPTION PURSUANT TO A PUT/CALL AGREEMENT. SUBSEQUENTLY, FOUNDATION AND THE ORGANIZATION EXECUTED A FORGIVENESS AGREEMENT WHERE FOUNDATION FORGAVE ALL UNPAID PRINCIPAL AND ACCRUED INTEREST OF THE SERIES B LOANS.
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt03328559
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt02616921
IRS990/PYOtherRevenueAmt0580
IRS990/PYProgramServiceRevenueAmt01996420
IRS990/PYRevenuesLessExpensesAmt0-619921
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt02616921
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01997000
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02587108
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01970131
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0346457
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0208314979
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0MEDICAL CENTER OF THE AMERICAS FOUNDATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt021388054
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04960929
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt026348983
IRS990ScheduleD/EquipmentGrp/BookValueAmt01257
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01162982
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01164239
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0843324
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0843324
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0UNDER U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, A TAX PROVISION RESULTING FROM AN UNCERTAIN TAX POSITION MAY BE RECOGNIZED WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. INCOME TAX POSITIONS MUST MEET A MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD AT THE EFFECTIVE DATE IN ORDER TO BE RECOGNIZED. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2023, NO UNCERTAIN POSITIONS HAVE BEEN TAKEN OR ARE EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt022232635
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0220000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt08800
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt011363
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CARLOS ORTEGA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO AND CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0240163
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EDWARD ESCUDERO, MCA TECH PARK, INC. BOARD MEMBER, RICK FRANCIS, MCA TECH PARK, INC. BOARD MEMBER, JOSH HUNT, MCA TECH PARK INC. CHAIR, AND LANE GADDY, MCA TECH PARK, INC. BOARD MEMBER ARE MEMBERS OF THE BOARD OF DIRECTORS OF WESTSTAR BANK.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS ONE MEMBER, MCAMERICAS HOLDINGS, INC. AS THE ONLY MEMBER, MCAMERICAS HOLDINGS, INC. HAS THE POWER TO APPROVE OR DISAPPROVE SIGNIFICANT DECISIONS OF THE ORGANIZATION; DETERMINE THE NUMBER OF DIRECTORS OF THE ORGANIZATION; ELECT BOARD MEMBERS; REMOVE BOARD MEMBERS; AND FILL VACANCIES ON THE BOARD OF DIRECTORS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS ONE MEMBER, MCAMERICAS HOLDINGS, INC., WHICH MAY ELECT ONE OR MORE MEMBERS OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AS THE SOLE MEMBER OF THE ORGANIZATION, MCAMERICAS HOLDINGS, INC. HAS THE POWER TO APPROVE A NUMBER OF SIGNIFICANT DECISIONS OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FORM 990 IS REVIEWED BY THE ORGANIZATION'S CFO FOR CHANGES AND APPROVAL. THE FINAL VERSION OF THE FORM 990 IS MADE AVAILABLE TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION HAS ALL EMPLOYEES, CONTRACTORS, OFFICERS AND VOLUNTEERS COMPLETE A "CONFLICT OF INTEREST" DISCLOSURE FORM ANNUALLY. BOARD MEMBERS COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM UPON JOINING THE BOARD AND UPON RENEWAL OF THEIR TERMS. THEY ARE ADDITIONALLY REQUIRED TO NOTIFY THE GOVERNANCE COMMITTEE IF ANY POTENTIAL CONFLICTS OF INTEREST ARISE. THE GOVERNANCE COMMITTEE, AND SOMETIMES LEGAL COUNSEL, THEN REVIEWS ANY POTENTIAL CONFLICTS THAT ARE DISCLOSED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6IF THE ORGANIZATION RECEIVES A REQUEST TO INSPECT OR COPY OF ITS FORM 990, OR ANY OTHER FINANCIAL RECORD, IT WILL PERMIT THE PERSON MAKING THE REQUEST TO INSPECT AND/OR COPY THE RECORD DURING REGULAR BUSINESS HOURS AT THE LOCATION WHERE SUCH RECORDS ARE KEPT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT PUBLIC ACCOUNTANT. THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0MEDICAL CENTER OF THE AMERICAS FDN
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0455244128
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0NV
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0FACILITATE ACCESS TO CAPITAL TO THE MCA INNOVATION ECOSYSTEM
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0BMIA INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt05130 GATEWAY EAST
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0EL PASO
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd079905
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.6$19.4$6.22$1.99$2.74$0.75
2023Detailed filing. Detailed filing data is available for this year.$26.4$19.4$6.96$5.30$2.71$2.59
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.2$22.8$4.38$2.00$2.62$0.62
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.8$22.8$5.00$1.93$2.56$0.63
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.4$22.8$5.63$1.94$2.61$0.67
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.1$22.8$6.30$1.96$2.71$0.75
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.8$22.8$7.05$1.92$2.79$0.87
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.6$23.8$6.82$1.89$2.87$0.98
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.9$26.7$2.22$1.38$1.66$0.28
2015Detailed filing. Detailed filing data is available for this year.$21.9$19.4$2.50$0.25$0.20$0.05
2014Detailed filing. Detailed filing data is available for this year.$4.39$1.93$2.45$2.73$0.29$2.45
2013Detailed filing. Detailed filing data is available for this year.$2.12$2.12$0.01$0.19$0.19$0.00
2012Summary only. Only limited summary data is available for this year.$0.51$0.50$0.00$0.20$0.17$0.03