NonprofitsArrowhead Center Inc

Arrowhead Center Inc

LAS CRUCES, NM

Total revenue

$1.1M

Total expenses

$976K

Net assets

$2.1M

Grants received

EIN

850379663

Tax year

2023

Mission

To foster economic development in nm in support of nmsu's mission, focusing on technology commercialization, entrepreneurship, research park development, business incubation and economic studies/policy analysis.

Programs

2 programs

Enhance student experiential learning through entrepreneurship education and practice by providing education and training, establishing strategic engagement between arrowhead programs and industry partners, supporting student intern placements with industry partners, and providing specialized innovation- and entrepreneurship-focused programs and services for students. 7579 students participating in entrepreneurship programs 107 students participating in competitions and pitch sessions 83 student ventures have taken place 74 entrepreneurial education/training events held for students 47 student startups 30 student employees funded by externally-sponsored grants and contracts

Expenses: $376K

Transition the discoveries, innovations and know-how of nmsu faculty staff, and students into the marketplace7 increase in number of licenses and material transfer agreements

Expenses: $10K

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$1.1M
Investment income
Other revenue
Total revenue$1.1M

Expenses

Grants paid
Salaries & benefits$332K
Fundraising
Other expenses$643K
Total expenses$976K
Total assets$15.9M
Net assets$2.1M

People

20 listed

NameRoleCompensation

GEORGE JAY GOGUE

Director

Board

0.03 hrs/wk

BRYAN ASHENBAUM

Director

Board

0.06 hrs/wk

LAKSHMI REDDI

Director

Board

0.09 hrs/wk

ENRICO PONTELLI

Director

Board

0.03 hrs/wk

ROLANDO FLORES

Director

Board

0.03 hrs/wk

YOSHITAKA IWASAKI

Director

Board

0.09 hrs/wk

LUIS CIFUENTES

VICE PRES/SECY

Board

0.06 hrs/wk

ERIC SANCHEZ

Director

Board

0.03 hrs/wk

SCOTT FIELD

Director

Board

0.03 hrs/wk

KATHRYN R HANSEN

President & CEO

Board

0.14 hrs/wk

ROSS JUSTUS

Treasurer

Board

0.12 hrs/wk

AMMU DEVASTHALI

Director

Board

0.03 hrs/wk

GARRETT MOSELEY

Director

Board

0.09 hrs/wk

JON CLARK

Director

Board

0.03 hrs/wk

MICHAEL ROGERS

Director

Board

0.09 hrs/wk

DAVIN LOPEZ

Director

Board

0.12 hrs/wk

JAMES C MANATT JR

Director

Board

0.14 hrs/wk

ALAN R SHOHO

Director

Board

0.03 hrs/wk

JACKIE KERBY MOORE

Director

Board

0.14 hrs/wk

WAYNE SAVAGE

EXECUTIVE DIRECTOR

Staff

$163K

40 hrs/wk

Details

EIN850379663
Subsection03
Ruling date1992-12
Formed1989
Employees4
Volunteers5
ARROWHEAD CENTER INC — Mission, Financials & Grants Received | Grantivo