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Science & Technology Park Development Corporation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Community Improvement, Capacity Building / Community, Neighborhood Development, Improvement (General) (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$348k (2024)

Expenses
$325k (2024)

Total Assets
$1.32M (2024)

Total Liabilities
$99 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$347,683
Expenses
$325,391
Net Income
$22,292
Net Assets
$1,317,927
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $25,444
7.3%
Dividends $0
Sales of Assets $0
Other Income $322,239
92.7%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $75,746
23.3%
Compensation of Officers* $65,091
20.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,318,026
Total Liabilities $99
Net Assets $1,317,927
Compensation
Key Employees and Officers Compensation Other
Randall B Wilson (Treas/Sec.) $62,000 $0
Sherman Mccorkle (Pres/Chair) $3,091 $0
Edward Lujan (Vice Pres.) $0 $0
Stuart Purviance (Director) $0 $0
Alex Romero (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$335,514
Expenses
$441,650
Net Income
-$106,136
Net Assets
$1,295,635
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $4,869
1.5%
Dividends $0
Sales of Assets $0
Other Income $330,645
98.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $84,503
19.1%
Compensation of Officers* $165,625
37.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,296,045
Total Liabilities $410
Net Assets $1,295,635
Compensation
Key Employees and Officers Compensation Other
Sherman Mccorkle (Pres/Chair) $103,625 $0
Randall B Wilson (Treas/Sec.) $62,000 $0
Edward Lujan (Vice Pres.) $0 $0
Stuart Purviance (Director) $0 $0
Alex Romero (Director) $0 $0
Grayson L Trussell (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$367,189
Expenses
$475,759
Net Income
-$108,570
Net Assets
$1,401,771
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $128
0.0%
Dividends $0
Sales of Assets $0
Other Income $367,061
100.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $79,774
16.8%
Compensation of Officers* $163,970
34.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,401,911
Total Liabilities $140
Net Assets $1,401,771
Compensation
Key Employees and Officers Compensation Other
Sherman Mccorkle (Pres/Chair) $101,970 $7,758
Randall B Wilson (Treas/Sec.) $62,000 $0
Edward Lujan (Vice Pres.) $0 $0
Jesse Dompreh (Director) $0 $0
Stuart Purviance (Director) $0 $0
Alex Romero (Director) $0 $0
Grayson L Trussell (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$365,271
Expenses
$452,665
Net Income
-$87,394
Net Assets
$1,510,341
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $63
0.0%
Dividends $0
Sales of Assets $0
Other Income $365,208
100.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $77,323
17.1%
Compensation of Officers* $158,257
35.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,535,483
Total Liabilities $25,142
Net Assets $1,510,341
Compensation
Key Employees and Officers Compensation Other
Sherman Mccorkle (Pres/Chair) $100,257 $0
Randall B Wilson (Treas/Sec.) $58,000 $0
Edward Lujan (Vice Pres.) $0 $0
Jesse Dompreh (Director) $0 $0
Stuart Purviance (Director) $0 $0
Alex Romero (Director) $0 $0
Grayson L Trussell (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$492,503
Expenses
$584,395
Net Income
-$91,892
Net Assets
$1,597,735
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $25,500
5.2%
Interest Revenue $398
0.1%
Dividends $0
Sales of Assets $0
Other Income $466,605
94.7%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $109,956
18.8%
Compensation of Officers* $258,651
44.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,597,772
Total Liabilities $37
Net Assets $1,597,735
Compensation
Key Employees and Officers Compensation Other
Sherman Mccorkle (Pres/Chair) $186,651 $0
Randall B Wilson (Treas/Sec.) $72,000 $0
Edward Lujan (Vice Pres.) $0 $0
Jesse Dompreh (Director) $0 $0
Stuart Purviance (Director) $0 $0
Alex Romero (Director) $0 $0
Grayson L Trussell (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$480,158
Expenses
$563,252
Net Income
-$83,094
Net Assets
$1,689,627
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1,292
0.3%
Dividends $0
Sales of Assets $0
Other Income $478,866
99.7%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $190,020
33.7%
Compensation of Officers* $182,591
32.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,717,293
Total Liabilities $27,666
Net Assets $1,689,627
Compensation
Key Employees and Officers Compensation Other
Sherman Mccorkle (Pres/Chair) $122,591 $0
Randall B Wilson (Treas/Sec) $60,000 $0
Edward Lujan (Vice Pres) $0 $0
Diane Burke (Director) $0 $0
Jesse Dompreh (Director) $0 $0
Stuart Purviance (Director) $0 $0
Alex Romero (Director) $0 $0
Gary Tonjes (Director) $0 $0
Grayson L Trussell (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$408,473
Expenses
$514,831
Net Income
-$106,358
Net Assets
$1,772,721
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $402,031
98.4%
Investment Income $636
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$3,247
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $9,053
2.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $172,506
33.5%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,795,875
Total Liabilities $23,154
Net Assets $1,772,721
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Sherman Mccorkle (Chairman, Pr) $140,200 $0 $0
Randall B Wilson (Treasurer/Se) $32,306 $0 $0
Edward Lujan (Vice Preside) $0 $0 $0
Loretta Armenta (Chairman) $0 $0 $0
Diane Burke (Director) $0 $0 $0
Jesse Dompreh (Director) $0 $0 $0
Alex Romero (Director) $0 $0 $0
Gary Tonjes (Director) $0 $0 $0
Stuart Purviance (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$386,499
Expenses
$476,452
Net Income
-$89,953
Net Assets
$1,879,079
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $367,710
95.1%
Investment Income $621
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $1,868
0.5%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $16,300
4.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $168,593
35.4%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,879,894
Total Liabilities $815
Net Assets $1,879,079
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Sherman Mccorkle (Chairman, President And Ce) $134,223 $0 $0
Randall B Wilson (Treasurer & Secretary) $34,370 $0 $0
Loretta Armenta (Director) $0 $0 $0
Diane Burke (Director) $0 $0 $0
Terri Cole (Director) $0 $0 $0
Jesse Dompreh (Director) $0 $0 $0
Alex Romero (Director) $0 $0 $0
Gary Tonjes (Director) $0 $0 $0
Stuart Purviance (Director) $0 $0 $0
Edward Lujan (Vice President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$339,314
Expenses
$434,458
Net Income
-$95,144
Net Assets
$1,969,032
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $338,943
99.9%
Investment Income $371
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $142,497
32.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,999,197
Total Liabilities $30,165
Net Assets $1,969,032
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Sherman Mccorkle (Chairman, President And Ce) $116,906 $0 $0
Randall B Wilson (Treasurer & Secretary) $25,591 $0 $0
Diane Burke (Director) $0 $0 $0
Terri Cole (Director) $0 $0 $0
Jesse Dompreh (Director) $0 $0 $0
Alex Romero (Director) $0 $0 $0
Gary Tonjes (Director) $0 $0 $0
Stuart Purviance (Director) $0 $0 $0
Loretta Armenta (Chairman) $0 $0 $0
Edward Lujan (Vice President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$309,915
Expenses
$423,975
Net Income
-$114,060
Net Assets
$2,064,176
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $309,292
99.8%
Investment Income $623
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $123,287
29.1%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,073,603
Total Liabilities $9,427
Net Assets $2,064,176
Compensation
Key Employees and Officers Compensation Related Other
Sherman Mccorkle (Chairman, President And Ceo) $87,623 $0 $7,500
Randall B Wilson (Treasurer & Secretary) $28,164 $0 $0
Loretta Armenta (Director) $0 $0 $0
Jesse Dompreh (Director) $0 $0 $0
Bruce Donisthorpe (Director) $0 $0 $0
Stuart Purviance (Director) $0 $0 $0
Gary Tonjes (Director) $0 $0 $0
Alex Romero (Director) $0 $0 $0
Diane Burke (Director) $0 $0 $0
Terri Cole (Director) $0 $0 $0
Edward Lujan (Director & Vice President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$290,057
Expenses
$486,046
Net Income
-$195,989
Net Assets
$2,178,236
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $288,759
99.6%
Investment Income $1,298
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $154,400
31.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,188,029
Total Liabilities $9,793
Net Assets $2,178,236
Compensation
Key Employees and Officers Compensation Related Other
Sherman Mccorkle (Chairman, President And Ceo) $98,536 $0 $7,500
Randall B Wilson (Treasurer & Secretary) $48,364 $0 $0
Loretta Armenta (Director) $0 $0 $0
Jesse Dompreh (Director) $0 $0 $0
Bruce Donisthorpe (Director) $0 $0 $0
Stuart Purviance (Director) $0 $0 $0
Gary Tonjes (Director) $0 $0 $0
Alex Romero (Director) $0 $0 $0
Diane Burke (Director) $0 $0 $0
Terri Cole (Director) $0 $0 $0
Edward Lujan (Director & Vice President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$490,019
Expenses
$622,949
Net Income
-$132,930
Net Assets
$2,374,225
Notable Sources of Revenue Percent of Total Revenue
Contributions $209,967
42.8%
Program Services $278,674
56.9%
Investment Income $1,378
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $178,675
28.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,386,720
Total Liabilities $12,495
Net Assets $2,374,225
Compensation
Key Employees and Officers Compensation Related Other
Sherman Mccorkle (Chairman, President And Ceo) $131,381 $0 $7,704
Randall B Wilson (Treasurer & Secretary) $39,590 $0 $0
Loretta Armenta (Director) $0 $0 $0
Jesse Dompreh (Director) $0 $0 $0
Bruce Donisthorpe (Director) $0 $0 $0
Stuart Purviance (Director) $0 $0 $0
Gary Tonjes (Director) $0 $0 $0
Alex Romero (Director) $0 $0 $0
Diane Burke (Director) $0 $0 $0
Terri Cole (Director) $0 $0 $0
Edward Lujan (Director & Vice President) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$899,135
Expenses
$604,177
Net Income
$294,958
Net Assets
$2,507,155
Notable Sources of Revenue Percent of Total Revenue
Contributions $625,931
69.6%
Program Services $271,948
30.2%
Investment Income $1,256
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $204,045
33.8%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,037,553
Total Liabilities $530,398
Net Assets $2,507,155

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$312,521
Expenses
$523,368
Net Income
-$210,847
Net Assets
$2,212,197
Notable Sources of Revenue Percent of Total Revenue
Contributions $61,541
19.7%
Program Services $250,980
80.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $30,050
5.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,912,171
Total Liabilities $699,974
Net Assets $2,212,197

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2000

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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