UNM RAINFOREST INNOVATIONS: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- UNM RAINFOREST INNOVATIONS (EIN 85-0413634)
- Tax period
- 2021-07-01 to 2022-06-30
- Filed
- 2023-05-02
- IRS object ID
- 202301229349301480
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-05-02T14:45:24-05:00 | ReturnTs |
| Tax Period End | 2022-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 910189318 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOSS ADAMS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6565 AMERICAS PARKWAY NE STE 600 | AddressLine1Txt |
| City | ALBUQUERQUE | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 87110 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 850413634 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNM RAINFOREST INNOVATIONS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | UNMR | BusinessNameControlTxt |
| Phone | 5052727900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 BROADWAY BLVD NE 1100 | AddressLine1Txt |
| City | ALBUQUERQUE | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 87102 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELIZABETH J KUUTTILA | PersonNm |
| Person Title | PRESIDENT AND CEO | PersonTitleTxt |
| Phone | 5052727900 | PhoneNum |
| Signature | 2023-05-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ELIZABETH | PersonFirstNm |
| Person Last | KUUTTILA | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | STEVEN TALBOT | PreparerPersonNm |
| PTIN | P01695427 | PTIN |
| Phone | 5058787200 | PhoneNum |
| Preparation | 2023-05-02 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 0 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ELIZABETH J KUUTTILA | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 BROADWAY BLVD NE 1100 | AddressLine1Txt |
| City | ALBUQUERQUE | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 87102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $11,182,646 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | INNOVATIONS.UNM.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1993 | FormationYr |
| Legal Domicile State | NM | LegalDomicileStateCd |
| Activity Or Mission | SUPPORTING THE UNIVERSITY OF NEW MEXICO AS THE SOURCE OF INNOVATION MANAGEMENT, PATENT PROSECUTION AND LICENSING OF TECHNOLOGIES DEVELOPED AT THE UNIVERSITY OF NEW MEXICO. | ActivityOrMissionDesc |
| Voting Members Governing Body | 29 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 17 | VotingMembersIndependentCnt |
| Total Employee | 34 | TotalEmployeeCnt |
| Total Volunteers | 17 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $341,167 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $57,767,707 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $7,641,970 | CYProgramServiceRevenueAmt |
| PY Investment Income | $234,711 | PYInvestmentIncomeAmt |
| CY Investment Income | $588,803 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $58,002,418 | PYTotalRevenueAmt |
| CY Total Revenue | $8,571,940 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $219,992 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $3,893,524 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,949,342 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $48,405,228 | PYOtherExpensesAmt |
| CY Other Expenses | $6,766,971 | CYOtherExpensesAmt |
| PY Total Expenses | $52,298,752 | PYTotalExpensesAmt |
| CY Total Expenses | $8,936,305 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $5,703,666 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$364,365 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $22,586,721 | TotalAssetsBOYAmt |
| Total Assets EOY | $18,724,624 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $7,819,778 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $6,812,557 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $14,766,943 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $11,912,067 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO SUPPORT THE UNIVERSITY OF NEW MEXICO AS THE SOURCE OF INNOVATION MANAGEMENT, PATENT PROSECUTION, AND LICENSING OF TECHNOLOGIES DEVELOPED AT THE UNIVERSITY. | MissionDesc |
| Significant New Program Srvc | Yes (1) | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $8,137,539 | ExpenseAmt |
| Grant | $219,992 | GrantAmt |
| Revenue | $7,641,970 | RevenueAmt |
| Desc | UNM RAINFOREST INNOVATIONS IS THE TECHNOLOGY TRANSFER AND ECONOMIC DEVELOPMENT ORGANIZATION SUPPORTING THE UNIVERSITY OF NEW MEXICO ("UNM") AND THE CORPORATION WAS FORMED UNDER THE STATE OF NEW MEXICO UNIVERSITY RESEARCH PARK AND ECONOMIC DEVELOPMENT ACT. UNM RAINFOREST INNOVATIONS ENDEAVORS TO MAKE IT EASY, AS POSSIBLE, FOR UNM RESEARCHERS AND FACULTY INVENTORS TO DISCLOSE INNOVATIONS. UNM RAINFOREST INNOVATIONS PROTECTS TECHNOLOGIES (INTELLECTUAL PROPERTY) DEVELOPED AT UNM THROUGH PATENT AND COPYRIGHT CONSISTENT WITH THE PROVISIONS OF THE FEDERAL BAYH-DOLE ACT. DURING FISCAL YEAR 2022, NM RAINFOREST INNOVATIONS RECEIVED 45 ISSUED PATENTS FROM THE U.S. PATENT AND TRADEMARK OFFICE AND FILED 56 NEW PATENT APPLICATION WITH THE U.S. PATENT AND TRADEMARK OFFICE. ADDITIONALLY, DURING THE FISCAL YEAR 2022, UNM RAINFOREST INNOVATIONS ENTERED INTO 41 LICENSE AND OPTION-TO-LICENSE AGREEMENTS. AS THE ECONOMIC DEVELOPMENT ORGANIZATION FOR THE UNIVERSITY OF NEW MEXICO, UNM RAINFOREST INNOVATIONS SEEKS TO FIND VARIOUS INITIATIVES TO CREATE ECONOMIC DEVELOPMENT THAT IS RELEVANT TO THE UNIVERSITY. UNM RAINFOREST INNOVATIONS HAS RECEIVED, IN FISCAL YEAR 2022, TWO U.S. ECONOMIC DEVELOPMENT ADMINISTRATION GRANTS TO PROMOTE JOB CREATION, CREATE BROADER OPPORTUNITIES THROUGH ENTREPRENEURSHIP AND REDUCE BARRIERS TO ENTREPRENEURSHIP AND ASSIST INVENTORS TO COMMERCIALIZE THEIR INVENTIONS. | Desc |
| Total Program Service Expenses | $8,137,539 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 116 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 34 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 29 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 17 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | H BRIAN MIRABAL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5052727900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 BROADWAY BLVD NE SUITE 1100 | AddressLine1Txt |
| City | ALBUQUERQUE | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 87102 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (37 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| DOUGLAS ZIEDONIS | ||||||||
| DIRECTOR | 1.00 | 40.00 | Yes (X) | $0 | $715,392 | $126,895 | ||
| GARNETT STOKES | ||||||||
| DIRECTOR | 1.00 | 40.00 | Yes (X) | $0 | $427,665 | $138,909 | ||
| RICHARD LARSON | ||||||||
| DIRECTOR (THROUGH 6/30/22) | 1.00 | 40.00 | Yes (X) | $0 | $459,017 | $99,688 | ||
| JAMES HOLLOWAY | ||||||||
| VICE CHAIR | 2.00 | 40.00 | Yes (X) | $0 | $368,503 | $78,957 | Yes (X) | |
| TERESA COSTANTINIDIS | ||||||||
| DIRECTOR | 1.00 | 40.00 | Yes (X) | $0 | $298,237 | $108,997 | ||
| MITZI MONTOYA | ||||||||
| DIRECTOR | 1.00 | 40.00 | Yes (X) | $0 | $295,102 | $50,170 | ||
| GABRIEL LOPEZ | ||||||||
| DIRECTOR | 1.00 | 40.00 | Yes (X) | $0 | $277,485 | $52,798 | ||
| ERIC PROSSNITZ | ||||||||
| DIRECTOR | 1.00 | 40.00 | Yes (X) | $0 | $275,005 | $54,504 | ||
| CHRISTOS CHRISTODOULOU | ||||||||
| DIRECTOR | 1.00 | 40.00 | Yes (X) | $0 | $253,594 | $56,396 | ||
| ELLEN FISHER | ||||||||
| DIRECTOR | 1.00 | 40.00 | Yes (X) | $0 | $239,970 | $41,935 | ||
| JULIE COONROD | ||||||||
| DIRECTOR | 1.00 | 40.00 | Yes (X) | $0 | $194,125 | $47,183 | ||
| JOHN STORMONT | ||||||||
| DIRECTOR | 1.00 | 40.00 | Yes (X) | $0 | $181,369 | $33,311 | ||
| SANDRA BEGAY | ||||||||
| CHAIR | 2.00 | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| TERRI COLE | ||||||||
| VICE CHAIRMAN | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| JOHN STICHMAN | ||||||||
| SECRETARY & TREASURER | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| JOE CHRISTIAN | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT FISHER | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID FOSTER | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID GIBSON | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| RIIS GONZALES | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MARIA GRIEGO-RABY | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KELLY HAMMETT | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| RICHARD LUARKIE | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| GREGG MAYER | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT NATH | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ALEX ROMERO | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ALTON ROMIG JR | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KIM SANCHEZ RAEL | ||||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CHARLES WELLBORN | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ELIZABETH KUUTTILA | ||||||||
| PRESIDENT AND CEO | 40.00 | $793,550 | $0 | $31,560 | Yes (X) | |||
| PRESTON HENDRIX | ||||||||
| CONTROLLER (THROUGH 11/30/21) | 40.00 | $222,886 | $0 | $7,898 | Yes (X) | |||
| H BRIAN MIRABAL | ||||||||
| CFO (STARTING 12/1/21) | 40.00 | $11,378 | $0 | $566 | Yes (X) | |||
| CARA MICHALISZYN | ||||||||
| DIRECTOR OF ECONOMIC DEVELOPMENT | 40.00 | $319,373 | $0 | $12,653 | Yes (X) | |||
| ARLENE YOUNG | ||||||||
| DIRECTOR OF COMMERCIALIZATION | 40.00 | $302,969 | $0 | $22,964 | Yes (X) | |||
| GREGG BANNINGER | ||||||||
| INNOVATION MANAGER, LIFE SCIENCES | 40.00 | $171,018 | $0 | $15,945 | Yes (X) | |||
| MATTHEW DAVIS | ||||||||
| INTELLECTUAL PROPERTY MANAGER | 40.00 | $157,225 | $0 | $11,848 | Yes (X) | |||
| SAVANAH ROMERO | ||||||||
| COMMUNICATIONS & DESIGN COORDINATOR | 40.00 | $147,045 | $0 | $11,088 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,125,444 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $3,985,464 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,004,265 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 7 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt | Address Line1ContractorAddress/ForeignAddress/AddressLine1Txt | CityContractorAddress/ForeignAddress/CityNm | CountryContractorAddress/ForeignAddress/CountryCd | Foreign PostalContractorAddress/ForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|
| SHORE CHAN DEPUMPO LLC | |||||||||
| 901 MAIN STREET SUITE 330 | DALLAS | TX | 75202 | PATENT LEGAL SERVICES | $29,278,991 | ||||
| IPRIS AG | |||||||||
| PATENT LEGAL SERVICES | $332,033 | PELIKANWEG 2 | BASEL | SZ | 4054 | ||||
| SCHWEGMAN LUNDBERG & WOESSNER | |||||||||
| 121 SOUTH EIGHTH STREET 1600 TCFF | MINNEAPOLIS | MN | 55402 | PATENT LEGAL SERVICES | $256,252 | ||||
| MH2 TECHNOLOGY LAW GROUP | |||||||||
| 1951 KIDWELL DRIVE SUITE 310 | TYSONS CORNER | VA | 22182 | PATENT LEGAL SERVICES | $242,569 | ||||
| COSUD INTELLECTUAL PROPERTY SOLUTIONS PC | |||||||||
| 714 COLORADO AVENUE | BRIDGEPORT | CT | 06605 | PATENT LEGAL SERVICES | $210,521 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 10 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $8,900 | RelatedOrganizationsAmt |
| Government Grants | $254,740 | GovernmentGrantsAmt |
| All Other Contributions | $77,527 | AllOtherContributionsAmt |
| Total Contributions | $341,167 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| REVENUE FROM TECHNOLOGY TRANSFER | 611310 | $7,600,060 | $7,600,060 |
| RENTAL INCOME | 611310 | $41,910 | $41,910 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $7,641,970 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $458,330 | TotalRevenueColumnAmt |
| Exclusion | $458,330 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,741,179 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,610,706 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $130,473 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $130,473 | TotalRevenueColumnAmt |
| Exclusion | $130,473 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,571,940 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $7,641,970 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $588,803 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $100,000 | TotalAmt |
| Program Services | $100,000 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $119,992 | TotalAmt |
| Program Services | $119,992 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,094,551 | TotalAmt |
| Program Services | $861,019 | ProgramServicesAmt |
| Management And General | $233,532 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $631,170 | TotalAmt |
| Program Services | $504,936 | ProgramServicesAmt |
| Management And General | $126,234 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $103,773 | TotalAmt |
| Program Services | $83,018 | ProgramServicesAmt |
| Management And General | $20,755 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $92,156 | TotalAmt |
| Program Services | $73,725 | ProgramServicesAmt |
| Management And General | $18,431 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,692 | TotalAmt |
| Program Services | $22,154 | ProgramServicesAmt |
| Management And General | $5,538 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,123,009 | TotalAmt |
| Program Services | $5,115,344 | ProgramServicesAmt |
| Management And General | $7,665 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,126 | TotalAmt |
| Management And General | $29,126 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $59,275 | TotalAmt |
| Management And General | $59,275 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,750 | TotalAmt |
| Management And General | $50,750 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $109,553 | TotalAmt |
| Program Services | $109,553 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,591 | TotalAmt |
| Program Services | $24,473 | ProgramServicesAmt |
| Management And General | $6,118 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,244 | TotalAmt |
| Program Services | $24,995 | ProgramServicesAmt |
| Management And General | $6,249 | ManagementAndGeneralAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $874,275 | TotalAmt |
| Program Services | $874,275 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,215 | TotalAmt |
| Program Services | $11,372 | ProgramServicesAmt |
| Management And General | $2,843 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,741 | TotalAmt |
| Program Services | $2,193 | ProgramServicesAmt |
| Management And General | $548 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,488 | TotalAmt |
| Management And General | $7,488 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $168,818 | TotalAmt |
| Management And General | $168,818 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,083 | TotalAmt |
| Management And General | $55,083 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| ECONOMIC DEVELOPMENT EX | $210,490 | $210,490 | |
| BAD DEBT EXPENSE | $313 | $313 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,936,305 | TotalAmt |
| Program Services | $8,137,539 | ProgramServicesAmt |
| Management And General | $798,766 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,840,647 | BOYAmt |
| EOY | $2,383,842 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $307,569 | BOYAmt |
| EOY | $559,541 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $754,737 | BOYAmt |
| EOY | $4,643,879 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $12,243 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $216,498 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $181,445 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,656 | BOYAmt |
| EOY | $35,053 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,646,362 | BOYAmt |
| EOY | $10,278,353 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,750 | BOYAmt |
| EOY | $3,626 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $808,087 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,586,721 | BOYAmt |
| EOY | $18,724,624 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,394,395 | BOYAmt |
| EOY | $5,480,981 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,425,383 | BOYAmt |
| EOY | $1,331,576 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,819,778 | BOYAmt |
| EOY | $6,812,557 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,766,943 | BOYAmt |
| EOY | $11,912,067 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,766,943 | BOYAmt |
| EOY | $11,912,067 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,586,721 | BOYAmt |
| EOY | $18,724,624 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$364,365 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$2,530,565 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | $40,054 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type1 | Yes (X) | SupportingOrgType1Ind |
| Supported Organizations | 1 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp
Supported Organization Name SupportedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF NEW MEXICO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 856000642 | EIN |
| Organization Type | 6 | OrganizationTypeCd |
| Governing Document Listed | Yes (1) | GoverningDocumentListedInd |
| Support | $874,275 | SupportAmt |
| Other Support | $7,190,685 | OtherSupportAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 1 | SupportedOrganizationsTotalCnt |
| Support Sum | $874,275 | SupportSumAmt |
| Other Support Sum | $7,190,685 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (1) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | Yes (1) | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | 0 | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | 0 | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | 0 | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | 0 | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | 0 | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | 0 | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | 0 | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | 0 | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | 0 | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | 0 | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | 0 | ContributionControllerInd |
| Contribution Family | 0 | ContributionFamilyInd |
| Contribution35 Controlled | 0 | Contribution35ControlledInd |
Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Power Appoint Majority Dir Trst | Yes (1) | PowerAppointMajorityDirTrstInd |
| Operate Benefit Non Suprt Org | 0 | OperateBenefitNonSuprtOrgInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 12G, COL. (VI) | THE $7,190,685 REPRESENTS THE AMOUNT OF SERVICES PROVIDED BY UNM RAINFOREST INNOVATIONS TO THE UNIVERSITY OF NEW MEXICO, ITS SUPPORTED ORGANIZATION. |
| PART IV, SECTION A, LINE 2: | THE ORGANIZATION SUPPORTS A STATE UNIVERSITY, WHICH IS NOT REQUIRED TO OBTAIN RECOGNITION OF ITS PUBLIC CHARITY STATUS. |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $12,646,362 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$2,193,734 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $115,000 | OtherExpendituresAmt |
| Administrative Expenses | $59,275 | AdministrativeExpensesAmt |
| End Year Balance | $10,278,353 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,897,683 | BeginningYearBalanceAmt |
| Contributions | $7,391,377 | ContributionsAmt |
| Investment Earnings Or Losses | $1,406,870 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $49,568 | AdministrativeExpensesAmt |
| End Year Balance | $12,646,362 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $761,791 | BeginningYearBalanceAmt |
| Contributions | $2,926,300 | ContributionsAmt |
| Investment Earnings Or Losses | $215,464 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $5,872 | AdministrativeExpensesAmt |
| End Year Balance | $3,897,683 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $729,741 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $38,013 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $5,963 | AdministrativeExpensesAmt |
| End Year Balance | $761,791 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $683,101 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $51,596 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $4,956 | AdministrativeExpensesAmt |
| End Year Balance | $729,741 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 1.00000 | BoardDesignatedBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,782 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,162 | DepreciationAmt |
| Book Value | $3,620 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $211,716 | OtherCostOrOtherBasisAmt |
| Depreciation | $180,283 | DepreciationAmt |
| Book Value | $31,433 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $35,053 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| DUE TO UNM | $546,570 |
| LEASE LIABILITY | $785,006 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,331,576 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $6,473,358 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$2,530,565 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $431,983 | OtherRevenueAmt |
| Revenue Not Reported | -$2,098,582 | RevenueNotReportedAmt |
| Revenue Subtotal | $8,571,940 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $8,571,940 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $9,368,288 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $431,983 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $431,983 | ExpensesNotReportedAmt |
| Expenses Subtotal | $8,936,305 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $8,936,305 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | PATENT COSTS NETTED WITH REVENUE 431,983. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | PATENT COSTS NETTED WITH REVENUE 431,983. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RIGHT TO START | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12907 CATALINA ST | AddressLine1Txt |
| City | LEAWOOD | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 66209 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 900743773 | RecipientEIN |
| IRC Section | 501(C)(3) | IRCSectionDesc |
| Cash Grant | $100,000 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Purpose Of Grant | SPONSORSHIP TO LAUNCH THE RIGHT TO START INITIATIVE IN THE ALBUQUERQUE AREA. | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| GAP FUND AWARDS | 4 | $99,992 |
| PITCH COMPETITION AWARDS | 8 | $20,000 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | UNMRI MONITORS THE PROGRESS OF THE GRANTEE ON THE COMMERICIALIZATION OF THEIR INVENTION AND PROVIDES VARIOUS SUPPORT. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | Yes (1) | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (19 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DOUGLAS ZIEDONIS | ||||||||||||||
| DIRECTOR | $0 | $715,392 | $0 | $0 | $0 | $0 | $0 | $117,485 | $0 | $9,410 | $0 | $842,287 | $0 | $0 |
| ELIZABETH KUUTTILA | ||||||||||||||
| PRESIDENT AND CEO | $254,519 | $0 | $539,031 | $0 | $0 | $0 | $31,560 | $0 | $0 | $0 | $825,110 | $0 | $0 | $0 |
| GARNETT STOKES | ||||||||||||||
| DIRECTOR | $0 | $427,665 | $0 | $0 | $0 | $0 | $0 | $138,621 | $0 | $288 | $0 | $566,574 | $0 | $0 |
| RICHARD LARSON | ||||||||||||||
| DIRECTOR (THROUGH 6/30/22) | $0 | $459,017 | $0 | $0 | $0 | $0 | $0 | $88,367 | $0 | $11,321 | $0 | $558,705 | $0 | $0 |
| JAMES HOLLOWAY | ||||||||||||||
| VICE CHAIR | $0 | $368,503 | $0 | $0 | $0 | $0 | $0 | $70,231 | $0 | $8,726 | $0 | $447,460 | $0 | $0 |
| TERESA COSTANTINIDIS | ||||||||||||||
| DIRECTOR | $0 | $298,237 | $0 | $0 | $0 | $0 | $0 | $100,181 | $0 | $8,816 | $0 | $407,234 | $0 | $0 |
| MITZI MONTOYA | ||||||||||||||
| DIRECTOR | $0 | $295,102 | $0 | $0 | $0 | $0 | $0 | $42,435 | $0 | $7,735 | $0 | $345,272 | $0 | $0 |
| CARA MICHALISZYN | ||||||||||||||
| DIRECTOR OF ECONOMIC DEVELOPMENT | $102,040 | $0 | $217,333 | $0 | $0 | $0 | $12,653 | $0 | $0 | $0 | $332,026 | $0 | $0 | $0 |
| GABRIEL LOPEZ | ||||||||||||||
| DIRECTOR | $0 | $277,485 | $0 | $0 | $0 | $0 | $0 | $52,798 | $0 | $0 | $0 | $330,283 | $0 | $0 |
| ERIC PROSSNITZ | ||||||||||||||
| DIRECTOR | $0 | $275,005 | $0 | $0 | $0 | $0 | $0 | $39,416 | $0 | $15,088 | $0 | $329,509 | $0 | $0 |
| ARLENE YOUNG | ||||||||||||||
| DIRECTOR OF COMMERCIALIZATION | $97,443 | $0 | $205,526 | $0 | $0 | $0 | $12,083 | $0 | $10,881 | $0 | $325,933 | $0 | $0 | $0 |
| CHRISTOS CHRISTODOULOU | ||||||||||||||
| DIRECTOR | $0 | $253,594 | $0 | $0 | $0 | $0 | $0 | $38,777 | $0 | $17,619 | $0 | $309,990 | $0 | $0 |
| ELLEN FISHER | ||||||||||||||
| DIRECTOR | $0 | $239,970 | $0 | $0 | $0 | $0 | $0 | $33,983 | $0 | $7,952 | $0 | $281,905 | $0 | $0 |
| JULIE COONROD | ||||||||||||||
| DIRECTOR | $0 | $194,125 | $0 | $0 | $0 | $0 | $0 | $29,470 | $0 | $17,713 | $0 | $241,308 | $0 | $0 |
| PRESTON HENDRIX | ||||||||||||||
| CONTROLLER (THROUGH 11/30/21) | $75,645 | $0 | $147,241 | $0 | $0 | $0 | $7,898 | $0 | $0 | $0 | $230,784 | $0 | $0 | $0 |
| JOHN STORMONT | ||||||||||||||
| DIRECTOR | $0 | $181,369 | $0 | $0 | $0 | $0 | $0 | $26,956 | $0 | $6,355 | $0 | $214,680 | $0 | $0 |
| GREGG BANNINGER | ||||||||||||||
| INNOVATION MANAGER, LIFE SCIENCES | $86,146 | $0 | $84,872 | $0 | $0 | $0 | $10,682 | $0 | $5,263 | $0 | $186,963 | $0 | $0 | $0 |
| MATTHEW DAVIS | ||||||||||||||
| INTELLECTUAL PROPERTY MANAGER | $53,101 | $0 | $104,124 | $0 | $0 | $0 | $6,585 | $0 | $5,263 | $0 | $169,073 | $0 | $0 | $0 |
| SAVANAH ROMERO | ||||||||||||||
| COMMUNICATIONS & DESIGN COORDINATOR | $50,508 | $0 | $96,537 | $0 | $0 | $0 | $6,263 | $0 | $4,825 | $0 | $158,133 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 3 | THE FINANCE AND COMPENSATION COMMITTEE OF THE UNM RAINFOREST INNOVATIONS BOARD OF DIRECTORS REVIEWS THE COMPENSATION OF THE CEO ON AN ANNUAL BASIS AND APPROVES CHANGES TO THE CEO'S COMPENSATION, IF ANY. |
| PART I, LINE 5 | FOR ALL EMPLOYEES OF THE UNM RAINFOREST INNOVATIONS, INCLUDING THE PRESIDENT AND CEO, THE CORPORATION HAS ADOPTED AN INCENTIVE COMPENSATION PLAN THAT IS TRIGGERED IF THE CORPORATION'S REVENUES EXCEED A REVENUE GOAL BUDGETED AND APPROVED BY THE BOARD OF DIRECTORS EACH YEAR. THE CORPORATION'S FINANCE AND COMPENSATION COMMITTEE ESTABLISHES A PERCENTAGE OF REVENUES FROM LICENSING AND OTHER ACTIVITIES THAT CONSTITUTES AN INCENTIVE COMPENSATION POOL. THE FINANCE AND COMPENSATION COMMITTEE THEN DETERMINES A SHARE THEREOF FOR WHICH THE PRESIDENT AND CEO IS ELIGIBLE. THE ACTUAL AWARDS OF THE INCENTIVE COMPENSATION ARE BASED UPON THE EMPLOYEE'S (INCLUDING THE PRESIDENT AND CEO) PERFORMANCE IN RELATION TO HIS OR HER PERFORMANCE PLAN. THE INCENTIVE COMPENSATION PLAN IS ALSO LIMITED TO A MAXIMUM PAYOUT DETERMINED BY THE EMPLOYEE'S BASE SALARY AND YEARS OF SERVICE. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 2 | THE ECONOMIC DEVELOPMENT ASPECT OF THE LINE 4A PROGRAM SERVICE ACCOMPLISHMENT IS NOT A NEW PROGRAM SERVICE, BUT IT IS BEING DETAILED FOR THE FIRST TIME. |
| FORM 990, PART VI, SECTION A, LINE 1A | PURSUANT TO ARTICLE IV, SECTION B OF THE BYLAWS OF UNM RAINFOREST INNOVATIONS, THERE IS AN EXECUTIVE COMMITTEE COMPRISED OF THE CHAIR, VICE CHAIR, SECRETARY, TREASURER, UNM EXECUTIVE VICE PRESIDENT FOR ADMINISTRATION, UNM VICE PRESIDENT FOR RESEARCH, UNM EXECUTIVE VICE PRESIDENT FOR HEALTH SCIENCE, AND THE PRESIDENT AND CEO. DURING INTERVALS BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, THE EXECUTIVE COMMITTEE HAS AND MAY EXERCISE ALL OF THE RIGHTS AND POWERS OF THE BOARD, EXCEPT THOSE POWERS DENIED UNDER STATUTE (NMSA 1978, SECTION 53-8-21). |
| FORM 990, PART VI, SECTION A, LINE 2 | THE FILING ORGANIZATION IS A COMPONENT UNIT OF THE UNIVERSITY OF NEW MEXICO (UNM). THE FOLLOWING OFFICERS AND DIRECTORS HAVE A BUSINESS RELATIONSHIP WITH ONE ANOTHER BY VIRTUE OF THEIR POSITIONS AS DIRECTORS OR EMPLOYEES WITH RELATED ENTITIES WITH THE UNIVERSITY OF NEW MEXICO: SANDRA BEGAY, CHRISTOS CHRISTODOULOU, JULIE COONROD, TERESA COSTANTINDIS, ELLEN FISHER, JAMES HOLLOWAY, RICHARD LARSON, GABRIEL LOPEZ, MITZI MONTOYA, ERIC PROSSNITZ, KIM SANCHEZ RAEL, GARNETT STOKES, JOHN STORMONT, AND DOUGLAS ZIEDONIS. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE ONLY MEMBER OF UNM RAINFOREST INNOVATIONS IS THE REGENTS OF THE UNIVERSITY OF NEW MEXICO. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE UNIVERSITY OF NEW MEXICO REGENTS APPOINT THE MEMBERS OF THE BOARD WHEN A POSITION IS UP FOR RENEWAL BASED ON A RECOMMENDATION THAT UNM RAINFOREST INNOVATIONS SUBMITS TO THE REGENTS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE PREPARED FORM 990 AND ALL REQUIRED SCHEDULES ARE REVIEWED BY UNM RAINFOREST INNOVATIONS' PRESIDENT AND CEO AND ITS CORPORATE ATTORNEY. IT IS THEN PROVIDED TO THE MEMBERS OF THE FINANCE AND COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS AT THE QUARTERLY COMMITTEE MEETING. THE FINANCE AND COMPENSATION COMMITTEE REVIEWS AND APPROVES THE FORM 990 AND SCHEDULES IN ADVANCE BEFORE THE FULL BOARD OF DIRECTORS MEETING. AT ITS REGULAR QUARTERLY BOARD MEETING, ALL BOARD OF DIRECTORS PRESENT APPROVE THE FILING OF THE FORM 990. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH YEAR ON OR AROUND JULY, EACH MEMBER OF THE BOARD OF DIRECTORS MUST CONFIRM TO THE UNM RAINFOREST INNOVATIONS WHETHER THEY ARE IN COMPLIANCE WITH THE UNM RAINFOREST INNOVATIONS CONFLICT OF INTEREST POLICY. PER TERMS OF THE POLICY, BOARD MEMBERS MAY RESPOND TO THE REQUIRED ANNUAL INQUIRY VIA EMAIL. THE RESPONSES ARE REVIEWED BY THE UNM RAINFOREST INNOVATIONS OUTSIDE LEGAL COUNSEL AND THE UNM RAINFOREST INNOVATIONS EXECUTIVE COMMITTEE. ALL BOARD MEMBERS ASSERT IF THEY HAVE ANY CONFLICTS AT THE START OF THE FISCAL YEAR, IF A MEMBER IDENTIFIES ANY CONFLICTS THAT ARE RELATED TO UNM RAINFOREST INNOVATIONS, THE BOARD MEMBER ABSTAINS DURING DISCUSSIONS. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE FINANCE AND COMPENSATION COMMITTEE OF THE UNM RAINFOREST INNOVATIONS BOARD OF DIRECTORS REVIEWS THE COMPENSATION OF THE PRESIDENT AND CEO, ALONG WITH ALL EMPLOYEES, ON AN ANNUAL BASIS AND MAY APPROVE CHANGES TO THE PRESIDENT AND CEO, IF ANY. THE COMMITTEE USES COMPARABILITY DATA AND DOCUMENTS DELIBERATIONS ON COMPENSATION DECISIONS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE UNM RAINFOREST INNOVATIONS MADE AVAILABLE DURING THE TAX YEAR ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENT TO THE PUBLIC UPON REQUEST. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd | Public Charity StatusPublicCharityStatusTxt |
|---|---|---|---|---|---|---|---|---|---|---|
| UNIVERSITY OF NEW MEXICO | ||||||||||
| 1 UNIVERSITY OF NEW MEXICO | ALBUQUERQUE | NM | 87131 | 856000642 | EDUCATION | NM | 115 | UNIVERSITY OF NEW MEXICO BOARD OF REGENTS | 0 | |
| LOBO ENERGY INCORPORATED | ||||||||||
| 800 BRADBURY DRIVE SE STE 216 | ALBUQUERQUE | NM | 87106 | 850459211 | UTILITY MANAGEMENT | NM | 501(C)(3) | UNIVERSITY OF NEW MEXICO BOARD OF REGENTS | 0 | LINE 12A, I |
| UNIVERSITY OF NEW MEXICO MEDICAL GROUP | ||||||||||
| 933 BRADBURY DRIVE SE | ALBUQUERQUE | NM | 87106 | 208488778 | HEALTHCARE | NM | 501(C)(3) | UNIVERSITY OF NEW MEXICO BOARD OF REGENTS | 0 | LINE 10 |
| UNM SANDOVAL REGIONAL MEDICAL CENTER INC | ||||||||||
| 934 BRADBURY DRIVE SE | ALBUQUERQUE | NM | 87106 | 271368727 | HEALTHCARE | NM | 501(C)(3) | UNIVERSITY OF NEW MEXICO BOARD OF REGENTS | 0 | LINE 10 |
| UNM ROBERT O ANDERSON SCH BUSADM FDN | ||||||||||
| 1 UNIVERSITY OF NEW MEXICO | ALBUQUERQUE | NM | 87131 | 237126805 | EDUCATION | NM | 501(C)(3) | UNIVERSITY OF NEW MEXICO BOARD OF REGENTS | 0 | LINE 12B, II |
| LOBO DEVELOPMENT CORPORATION | ||||||||||
| 801 UNIVERSITY BLVD | ALBUQUERQUE | NM | 87106 | 421759020 | REAL ESTATE | NM | 501 (C) (3) | UNIVERSITY OF NEW MEXICO BOARD OF REGENTS | 0 | LINE 12A, I |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (1) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |