2025-04-14T11:09:18-04:00 2024-06-30 843482539 SJT GROUP LLC 4811 HARDWARE DR NE SUITE E-4 ALBUQUERQUE NM 87109 990 2023-07-01 742805791 REGIONAL DEVELOPMENT CORPORATION REGI 5058201226 441 GREG AVE BOX 2 SANTA FE NM 87501 JENNIFER JENKINS CHAIR 5058201226 2025-04-14 true false ARMANDO SANCHEZ P01712667 5053128702 2025-04-14 2023 2025-03-06 01:10:19Z PATRICK VANDERPOOL 441 GREG AVE SANTA FE NM 87501 1149014 false X WWW.RDCNM.ORG X 1996 NM THE REGIONAL DEVELOPMENT CORPORATION (RDC) IS A PRIVATE NON-PROFIT 501(C) (3) ORGANIZATION DEDICATED TO IMPROVING ECONOMIC DEVELOPMENT IN NORTHERN NEW MEXICO. RDC PROVIDES PRIVATE INVESTMENT OPPORTUNITIES AND TECHNICAL ASSISTANCE TO FACILITATE JOB GROWTH AND DIVERSIFY THE ECONOMIES OF COMMUNITIES IN THE FOLLOWING SEVEN COUNTIES: LOS ALAMOS, MORA, RIO ARRIBA, SANDOVAL, SAN MIGUEL, SANTA FE, TAOS, AND THE MUNICIPALITIES AND NATIVE AMERICAN PUEBLOS THEREIN. 9 9 5 0 1063583 1105482 0 1457 43532 0 1065040 1149014 549517 684885 0 338519 378022 0 0 194375 263304 1082411 1326211 -17371 -177197 1550296 1311537 177442 115880 1372854 1195657 X THE REGIONAL DEVELOPMENT CORPORATION (RDC) IS A PRIVATE NON-PROFIT 501(C) (3) ORGANIZATION DEDICATED TO IMPROVING ECONOMIC DEVELOPMENT IN NORTHERN NEW MEXICO. RDC PROVIDES PRIVATE INVESTMENT OPPORTUNITIES AND TECHNICAL ASSISTANCE TO FACILITATE JOB GROWTH AND DIVERSIFY THE ECONOMIES OF COMMUNITIES IN THE FOLLOWING SEVEN COUNTIES: LOS ALAMOS, MORA, RIO ARRIBA, SANDOVAL, SAN MIGUEL, SANTA FE, TAOS, AND THE MUNICIPALITIES AND NATIVE AMERICAN PUEBLOS THEREIN. false false 1207835 684885 REGIONAL DEVELOPMENT CORPORATION INITIATIVES INCLUDE BUSINESS RETENTION & EXPANSION WHICH PROVIDES ONE-ON-ONE TECHNICAL ASSISTANCE SERVICES TO CURRENT AND FUTURE BUSINESS OWNERS FREE OF CHARGE. THIS INITIATIVE INCLUDES FUNDING OPPORTUNITIES TO HELP DIVERSIFY THE LOCAL ECONOMIES IN NORTHERN NEW MEXICO OUTSIDE OF LOS ALAMOS NATIONAL LABORATORY INTERESTS. OTHER INITIATIVES INCLUDE THE WORKFORCE AND ACADEMIC NETWORK PILOT PROJECT TO CONVENE INDUSTRY AND ACADEMIC STATEKHOLDERS IN ORDER TO HELP JOB SEEKERS AND STUDENTS MORE EASILY ACCESS TRAINING AND EDUCATION FOR THE CONSTRUCTION INDUSTRY IN NORTHERN NEW MEXICO AND THE HIGHER EDUCATION WORKFORCE PROJECT WHICH IS A PARTNERSHIP BETWEEN RDC AND NORTHERN NEW MEXICO HIGHER EDUCATION INSTITUTIONS TO IDENTIFY TRAINING NEEDS AND DEVELOP A WELL-EDUCATED WORKFORCE IN THE REGION. THESE INITIATIVES ARE LARGELY FUNDED BY TRIAD NATIONAL SECURITY, LLC (TRIAD), THE COMPANY THAT MANAGES LOS ALAMOS NATIONAL LABORATORY. RDC'S INITIATIVES CONTINUED TO STIMULATE ECONOMIC DIVERSIFICATION AND DEVELOPMENT IN NORTHERN NEW MEXICO THROUGH CREATION OF NEW JOBS, LESSENING THE IMPACT OF REDUCTIONS AT LOS ALAMOS NATIONAL LABS. 1207835 true true false false false false false false false false true false false false true true true false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false true 68 0 true 5 true false false false false false false false false false false false false false false X 9 9 false false false false false false false true true false false true true true true true true true false false NM X X GREG DYE 5058201226 441 GREG AVE SANTA FE NM 87501 PATRICK VANDERPOOL EXECUTIVE DI 40.00 X 61240 0 0 JENNIFER JENKINS CHAIR 2.00 X X 0 0 0 KRISTIN HENDERSON VICE CHAIR 2.00 X X 0 0 0 JACK JEKOWSKI SECRETARY 2.00 X X 0 0 0 EVERETT TRUJILLO TREASURER 2.00 X X 0 0 0 LINDA MCLELLAN DIRECTOR 2.00 X 0 0 0 CEDRIC PAGE DIRECTOR 2.00 X 0 0 0 ELMER SALAZAR DIRECTOR 2.00 X 0 0 0 REBECCA WURZBURGER DIRECTOR 2.00 X 0 0 0 PHOEBE K SUINA DIRECTOR 2.00 X 0 0 0 61240 false false false 175000 930482 1105482 43532 43532 1149014 43532 684885 684885 61240 57526 3714 272914 256365 16549 17178 16136 1042 26690 25088 1602 16251 13161 3090 70903 57421 13482 56879 56879 18481 7194 11287 2280 1846 434 17493 16432 1061 21134 21134 39397 33632 5765 4417 4149 268 3328 3126 202 DIRECT PROGRAM CONSULTING 8019 6494 1525 MISCELLANEOUS 4722 3246 1476 1326211 1207835 118376 0 63744 299992 1401094 935366 45654 47160 1493 5433 4731 32080 23708 7539 8372 25339 15916 1550296 1311537 111235 67899 66207 47981 177442 115880 X 530808 609932 842046 585725 1372854 1195657 1550296 1311537 -177197 X false true X true false X 862452 1061852 1037756 1063583 1105482 5131125 16000 16000 10667 42667 878452 1077852 1048423 1063583 1105482 5173792 470593 4703199 861 276 438 1457 43532 46564 5220356 861 0.90090 0.92930 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 32080 23708 8372 8372 FUNDS HELD AS FISCAL AGENT 32065 OPERATING LEASE LIABILITY 15916 47981 X 1149014 1149014 1149014 1326211 1326211 1326211 SCHEDULE D, PAGE 3, PART X RDC IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. RDC HAS ADOPTED FASB ACCOUNTING STANDARDS CODIFICATION (ASC) 740-10, RELATING TO ACCOUNTING FOR UNCERTAIN TAX POSITIONS. RDC HAS NOT RECOGNIZED ANY CHANGES TO ITS FINANCIAL STATEMENTS FOR UNCERTAIN TAX POSITIONS RESULTING FROM THIS ADOPTION. RDC'S INCOME TAX FILINGS FOR THE YEARS ENDED JUNE 30, 2021 AND THEREAFTER ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. true BERT'S TRASH SERVICES LLC 5 TSE PUU ROAD SANTA FE NM 87506 9101 BUSINESS DEVELOPMENT DANCING BUTTERFLY NATURALS LLC PO BOX 3632 TAOS NM 87571 8000 BUSINESS DEVELOPMENT DAWN BUTTERFLY CAFE PO BOX 602 TAOS NM 87571 8000 BUSINESS DEVELOPMENT FAMILY STRENGTHS NETWORK 3540 ORANGE STREET LOS ALAMOS NM 87544 7500 EARLY CHILDHOOD EDU LUNA COMMUNITY COLLEGE 366 LUNA DRIVE LAS VEGAS NM 87701 GOV 23000 WORKFORCE TRAINING NORTHERN NEW MEXICO COLLEGE 921 PASEO DE ONATE ESPANOLA NM 87532 GOV 23414 WORKFORCE TRAINING PASSPORT TO PUEBLO COUNTY 38 A TUNYO PO SANTA FE NM 87506 8000 BUSINESS DEVELOPMENT SAGE MOUNTAINFLOWER LLC 2401 12TH ST NW ALBUQUERQUE NM 87104 8000 BUSINESS DEVELOPMENT SFCC FOUNDATION 6401 RICHARDS AVE ROOM 111 SANTA FE NM 87508 30000 WORKFORCE TRAINING TAOS PUEBLO BEHAVIORAL HEALTH 105 BERTHA STREET TAOS NM 87571 15000 WORKFORCE TRAINING UNIVERSITY OF NEW MEXICO LOS ALAMOS 4000 UNIVERSITY DRIVE LOS ALAMOS NM 87544 GOV 41000 WORKFORCE TRAINING WHITEFEATHER NATIVE CULTURAL TOURS 485 NM-150 ARROYO SECO NM 87514 8000 BUSINESS EXPANSION 6 6 SCHEDULE I, PAGE 4, PART IV GRANT/ASSISTANCE FUNDS ARE AWARDED UNDER A COMPETITIVE PROCESS AND SCORED BY AN INDEPENDENT REVIEW PANEL. RDC'S EXECUTIVE DIRECTOR AND DIRECTOR OF OPERATIONS FACILITATE THE APPLICATION AND REVIEW PROCESS BUT ARE NOT MEMBERS OF THE REVIEW PANEL. THE PANEL IS COMPOSED OF LOCAL BUSINESS OWNERS, REPRESENTATIVES FROM THE STATE OF NEW MEXICO, PAST AWARDEES, AND CURRENT AND RETIRED BUSINESS OWNERS. IN ALMOST ALL CASES FUNDS ARE AWARDED ON A COST REIMBURSEMENT BASIS AND RDC PERSONNEL REVIEW COST REIMBURSEMENT REQUESTS IN DETAIL TO ENSURE THE EXPENSES ARE IN ACCORDANCE WITH THE GRANT/ASSISTANCE APPLICATION AND AS APPROVED BY THE REVIEW PANEL PRIOR TO DISBURSEMENT TO THE AWARDEE. FORM 990 - ORGANIZATION'S MISSION THE REGIONAL DEVELOPMENT CORPORATION (RDC) IS A PRIVATE NON-PROFIT 501(C) (3) ORGANIZATION DEDICATED TO IMPROVING ECONOMIC DEVELOPMENT IN NORTHERN NEW MEXICO. RDC PROVIDES PRIVATE INVESTMENT OPPORTUNITIES AND TECHNICAL ASSISTANCE TO FACILITATE JOB GROWTH AND DIVERSIFY THE ECONOMIES OF COMMUNITIES IN THE FOLLOWING SEVEN COUNTIES: LOS ALAMOS, MORA, RIO ARRIBA, SANDOVAL, SAN MIGUEL, SANTA FE, TAOS, AND THE MUNICIPALITIES AND NATIVE AMERICAN PUEBLOS THEREIN. FORM 990, PAGE 2, PART III, LINE 4A REGIONAL DEVELOPMENT CORPORATION INITIATIVES INCLUDE BUSINESS RETENTION & EXPANSION WHICH PROVIDES ONE-ON-ONE TECHNICAL ASSISTANCE SERVICES TO CURRENT AND FUTURE BUSINESS OWNERS FREE OF CHARGE. THIS INITIATIVE INCLUDES FUNDING OPPORTUNITIES TO HELP DIVERSIFY THE LOCAL ECONOMIES IN NORTHERN NEW MEXICO OUTSIDE OF LOS ALAMOS NATIONAL LABORATORY INTERESTS. OTHER INITIATIVES INCLUDE THE WORKFORCE AND ACADEMIC NETWORK PILOT PROJECT TO CONVENE INDUSTRY AND ACADEMIC STATEKHOLDERS IN ORDER TO HELP JOB SEEKERS AND STUDENTS MORE EASILY ACCESS TRAINING AND EDUCATION FOR THE CONSTRUCTION INDUSTRY IN NORTHERN NEW MEXICO AND THE HIGHER EDUCATION WORKFORCE PROJECT WHICH IS A PARTNERSHIP BETWEEN RDC AND NORTHERN NEW MEXICO HIGHER EDUCATION INSTITUTIONS TO IDENTIFY TRAINING NEEDS AND DEVELOP A WELL-EDUCATED WORKFORCE IN THE REGION. THESE INITIATIVES ARE LARGELY FUNDED BY TRIAD NATIONAL SECURITY, LLC (TRIAD), THE COMPANY THAT MANAGES LOS ALAMOS NATIONAL LABORATORY. RDC'S INITIATIVES CONTINUED TO STIMULATE ECONOMIC DIVERSIFICATION AND DEVELOPMENT IN NORTHERN NEW MEXICO THROUGH CREATION OF NEW JOBS, LESSENING THE IMPACT OF REDUCTIONS AT LOS ALAMOS NATIONAL LABS. FORM 990, PAGE 6, PART VI, LINE 11B IRS FORM 990 IS ELECTRONICALLY CIRCULATED TO ALL MEMBERS OF THE BOARD OF DIRECTORS FOR QUESTIONS AND COMMENTS PRIOR TO THE 990 BEING FILED WITH THE IRS FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD CONDUCTS AN ANNUAL REVIEW OF COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICIES. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD PROVIDES THE EXECUTIVE DIRECTOR WITH AN ANNUAL PERFORMANCE EVALUATION. THE BOARD ANNUALLY APPROVES THE EXECUTIVE DIRECTORS COMPENSATION. THE BOARD IS AWARE OF COMPARABLE SALARIES FOR OTHER EXECUTIVE DIRECTORS OF SIMILAR ORGANIZATIONS AND IN THE REGION AND BELIEVES THE SALARY OF THE EXECUTIVE DIRECTOR IS APPROPRIATE IN RELATION TO THAT CONTEMPORANEOUS INFORMATION. THE BOARD ANNUALLY APPROVES THE BUDGET FOR THE ORGANIZATION, WHICH INCLUDES OTHER STAFF COMPENSATION. THE BOARD DESIGNATES THE EXECUTIVE DIRECTOR WITH THE AUTHORITY TO SET OTHER STAFF COMPENSATION. FORM 990, PAGE 6, PART VI, LINE 19 IRS FORM 990 IS AVAILABLE TO OTHER ORGANIZATIONS AND INDIVIDUALS ON THE WEB SITE WWW.GUIDESTAR.ORG OR AT THE ORGANIZATION'S PHYSICAL ADDRESS, UPON REQUEST. RDC ALSO MAKES ITS FORM 1023 AVAILABLE UPON REQUEST.