Civic Intelligence

Science & Technology Park Development Corporation

990PF • Fiscal year 2023 • EIN 85-0462273

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 07, 2024

1451 Innovation Pkwy SE No 600Albuquerque, NM 87123

(505) 843-4287

Siviq Scores

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

Liabilities / Assets

12th percentile

0.00x

Higher debt load relative to assets than 12% of similar nonprofits.

2023 filings • NTEE S • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

12th percentile

0.00x

Higher debt load relative to revenue than 12% of similar nonprofits.

2023 filings • NTEE S • $1M-$5M nonprofits • Source year 2023

Net Margin

10th percentile

-32%

Higher net margin than 10% of similar nonprofits.

2023 filings • NTEE S • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

51st percentile

$103,625

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 30.9% of source-year revenue.

2023 filings • NTEE S • $1M-$5M nonprofits • Source year 2023

Asset Growth

17th percentile

-7.6%

Faster asset growth than 17% of similar nonprofits.

2023 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

26th percentile

-8.6%

Faster revenue growth than 26% of similar nonprofits.

2023 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$1,296,045

Down $105,866 (-7.6%) from 2022

Net Assets

Down

$1,295,635

Down $106,136 (-7.6%) from 2022

Liabilities

Up

$410

Up $270 (+193%) from 2022

Revenue

Down

$335,514

Down $31,675 (-8.6%) from 2022

Expenses

Down

$441,650

Down $34,109 (-7.2%) from 2022

Net Income

Up

-$106,136

Up $2,434 (+2.2%) from 2022

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $3,011,341Liabilities 2010: $588,297Net Assets 2010: $2,423,0442010Assets 2011: $2,912,171Liabilities 2011: $699,974Net Assets 2011: $2,212,1972011Assets 2012: $3,037,553Liabilities 2012: $530,398Net Assets 2012: $2,507,1552012Assets 2013: $2,386,720Liabilities 2013: $12,495Net Assets 2013: $2,374,2252013Assets 2014: $2,188,029Liabilities 2014: $9,793Net Assets 2014: $2,178,2362014Assets 2015: $2,073,603Liabilities 2015: $9,427Net Assets 2015: $2,064,1762015Assets 2016: $1,999,197Liabilities 2016: $30,165Net Assets 2016: $1,969,0322016Assets 2017: $1,879,894Liabilities 2017: $815Net Assets 2017: $1,879,0792017Assets 2018: $1,795,875Liabilities 2018: $23,154Net Assets 2018: $1,772,7212018Assets 2019: $1,717,293Liabilities 2019: $27,666Net Assets 2019: $1,689,6272019Assets 2020: $1,597,772Liabilities 2020: $37Net Assets 2020: $1,597,7352020Assets 2021: $1,535,483Liabilities 2021: $25,142Net Assets 2021: $1,510,3412021Assets 2022: $1,401,911Liabilities 2022: $140Net Assets 2022: $1,401,7712022Assets 2023: $1,296,045Liabilities 2023: $410Net Assets 2023: $1,295,6352023Assets 2024: $1,318,026Liabilities 2024: $99Net Assets 2024: $1,317,9272024

Highlighted filing

2023

Assets$1,296,045
Liabilities$410
Net Assets$1,295,635

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $418,6492010Expenses 2011: $523,3682011Expenses 2012: $604,1772012Revenue 2013: $490,019Expenses 2013: $622,949Net Income 2013: -$132,9302013Revenue 2014: $290,057Expenses 2014: $486,046Net Income 2014: -$195,9892014Revenue 2015: $309,915Expenses 2015: $423,975Net Income 2015: -$114,0602015Revenue 2016: $339,314Expenses 2016: $434,458Net Income 2016: -$95,1442016Revenue 2017: $386,499Expenses 2017: $476,452Net Income 2017: -$89,9532017Revenue 2018: $408,473Expenses 2018: $514,831Net Income 2018: -$106,3582018Revenue 2019: $480,158Expenses 2019: $563,252Net Income 2019: -$83,0942019Revenue 2020: $492,503Expenses 2020: $584,395Net Income 2020: -$91,8922020Revenue 2021: $365,271Expenses 2021: $452,665Net Income 2021: -$87,3942021Revenue 2022: $367,189Expenses 2022: $475,759Net Income 2022: -$108,5702022Revenue 2023: $335,514Expenses 2023: $441,650Net Income 2023: -$106,1362023Revenue 2024: $347,683Expenses 2024: $325,391Net Income 2024: $22,2922024

Highlighted filing

2023

Revenue$335,514
Expenses$441,650
Net Income-$106,136
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 7, 2024
Return Version
2023v5.0
Mission and Program Overview

Mission

To attract high tech companies to new mexico and fostering a relationship between the companies and government to create high tech jobs in new mexico.

Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SHERMAN MCCORKLEPres/ChairFT$103,625-$103,625
RANDALL B WILSONTreas/Sec.-$62,000-$62,000
EDWARD LUJANVice Pres.-$0--
STUART PURVIANCEDirector-$0--
ALEX ROMERODirector-$0--
GRAYSON L TRUSSELLDirector-$0--
Filing and Contact Details

Filer

Filer Name
Science & Technology Park
EIN
85-0462273
Phone
5058434287
Address
1451 INNOVATION PKWY SE NO 600, ALBUQUERQUE, NM 87123

Signing Officer

Name
Randall B Wilson
Title
Treas/sec.
Phone
5058434287
Signed
2024-11-07
Discuss with paid preparer
Yes

Preparer

Firm
Pulakos Cpas Pc
Address
6753 ACADEMY RD NE, ALBUQUERQUE, NM 87109
Preparer
Bill Ortiz CPA
Phone
5053381500
Raw XML Appendix325 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt0THE HIGH-SPEED FIBEROPTIC NETWORK IS THE MAIN ATTRACTION FOR COMPANIES LOOKING TO MOVE INTO THE PARK. EACH COMPANY PAYS A SERVICE FEE WHICH IS USED TO SUPPPORT THE INFRASTRUCTURE AND ACCOMPLISH THE MISSION OF BRINGING NEW HIGH WAGE JOBS TO ALBUQUERQUE.
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt1PART OF THE EXEMPT FUNCTION RELATES TO MAINTENANCE OF THE PARK PREMISES. EACH OCCUPANT PAYS A SMALL FEE TO SUPPORT THIS MAINTENACE ACTIVITY WHICH ALLOWS THE PARK TO CONTINUE TO BRING IN NEW TECH COMPANIES AND AND HIGH WAGE JOBS.
IRS990PF/StatementsRegardingActy4720Grp/BrrwOrLendDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd0false
IRS990PF/StatementsRegardingActy4720Grp/FurnGoodsDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd0false
IRS990PF/StatementsRegardingActy4720Grp/JeopardyInvestmentsInd0false
IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd0false
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd0false
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePY1Yr02022
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd0true
IRS990PF/StatementsRegardingActy4720Grp/UndistrIncmSect4942a2NotAppInd0true
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd0false
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd0true
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd0false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd0true
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd0false
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd0false
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd0false
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd0true
IRS990PF/StatementsRegardingActyGrp/IndividualWithBooksNm0RANDALL B WILSON
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd0false
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt01451 INNOVATION PKWY SE SUITE 600
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0ALBUQUERQUE
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0NM
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd087123
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd0false
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd0false
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd0false
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0NM
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd0false
IRS990PF/StatementsRegardingActyGrp/PhoneNum05058434287
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd0false
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd0true
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd0false
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0WWW.SSTP.ORG
IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0TO ATTRACT HIGH TECH COMPANIES TO NEW MEXICO AND FOSTERING A RELATIONSHIP BETWEEN THE COMPANIES AND GOVERNMENT TO CREATE HIGH TECH JOBS IN NEW MEXICO. MANAGEMENT OF SANDIA SCIENCE & TECHNOLOGY PARK PREMISES, INCLUDING COMMON AREAS, AND PROVISION OF TELECOM SERVICES. ALSO MONITORS FIBER OPTIC TELECOMMUNICATIONS, SECURITY, AND MONITORING EQUIPMENT. IN 2023 THERE WERE 1,772 EMPLOYEES AT THE PARK WITH AN AVERAGE SALARY OF 97,000 COMPARED TO THE ABQ METRO AREA AVERAGE SALARY OF 54,000.
IRS990PF/SumOfProgramRelatedInvstGrp/Description1Txt0N/A
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt084503
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt0131551
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt084503
IRS990PF/UndistributedIncomeGrp/Taxable2Amt02112
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt0131551
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt086615
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt0518400
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt1892769
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt21036495
LandEtcSchedule2/LandEtcGrp/BookValueAmt0490622
LandEtcSchedule2/LandEtcGrp/BookValueAmt12869
LandEtcSchedule2/LandEtcGrp/BookValueAmt2142738
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt0BUILDING
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt1LANDSCAPING
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt2FIBEROPTICS
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt3LAND
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt01009022
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt1895638
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt21036495
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt3142738
LandEtcSchedule2/LandEtcGrp/EOYFMVAmt0637171
LandEtcSchedule2/LandEtcGrp/EOYFMVAmt1565572
LandEtcSchedule2/LandEtcGrp/EOYFMVAmt2654519
LandEtcSchedule2/LandEtcGrp/EOYFMVAmt3142738
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt04145
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt117599
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt229991
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1ADMINISTRATIVE FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2CAM EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc3TELECOM SERVICE EXPENSE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc4OFFICE EXPENSE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc5SPECIAL EVENT EXPENSE
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt04675
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt16982
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt24870
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt319846
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt433820
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt08820
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt16982
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt24870
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt337445
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt463811
OtherIncomeSchedule2/OtherIncomeDetail/AdjustedNetIncomeAmt0322289
OtherIncomeSchedule2/OtherIncomeDetail/AdjustedNetIncomeAmt18356
OtherIncomeSchedule2/OtherIncomeDetail/Desc0TELECOM SERVICE REVENUE
OtherIncomeSchedule2/OtherIncomeDetail/Desc1CAM MANAGEMENT
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt0322289
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt18356
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/AdjustedNetIncomeAmt012690
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt027000
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt0CONTRACT SERVICES
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/DisbursementsCharitablePrpsAmt014310
TaxesSchedule/TaxesDetail/AdjustedNetIncomeAmt02296
TaxesSchedule/TaxesDetail/Amt02296
TaxesSchedule/TaxesDetail/CategoryTxt0INDIRECT TAXES/LICENSES
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RANDALL B WILSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREAS/SEC.
ReturnHeader/BusinessOfficerGrp/PhoneNum05058434287
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SCIENCE & TECHNOLOGY PARK
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0SCIE
ReturnHeader/Filer/EIN0850462273
ReturnHeader/Filer/PhoneNum05058434287
ReturnHeader/Filer/USAddress/AddressLine1Txt01451 INNOVATION PKWY SE NO 600
ReturnHeader/Filer/USAddress/CityNm0ALBUQUERQUE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NM
ReturnHeader/Filer/USAddress/ZIPCd087123
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0850219147
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PULAKOS CPAS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06753 ACADEMY RD NE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ALBUQUERQUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd087109
ReturnHeader/PreparerPersonGrp/PhoneNum05053381500
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BILL ORTIZ CPA
ReturnHeader/ReturnTs02024-11-07T17:59:22-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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.$1.32$0.00$1.32$0.35$0.33$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.30$0.00$1.30$0.34$0.44$0.11
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.40$0.00$1.40$0.37$0.48$0.11
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.54$0.03$1.51$0.37$0.45$0.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.60$0.00$1.60$0.49$0.58$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.72$0.03$1.69$0.48$0.56$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.80$0.02$1.77$0.41$0.51$0.11
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.88$0.00$1.88$0.39$0.48$0.09
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.00$0.03$1.97$0.34$0.43$0.10
2015Detailed filing. Detailed filing data is available for this year.$2.07$0.01$2.06$0.31$0.42$0.11
2014Detailed filing. Detailed filing data is available for this year.$2.19$0.01$2.18$0.29$0.49$0.20
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.39$0.01$2.37$0.49$0.62$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.04$0.53$2.51$0.60
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.91$0.70$2.21$0.52
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.01$0.59$2.42$0.42