Form 990 for tax year 2024
Filed by LA PLAZA DE ENCUENTRO GATHERING PLACE.
Totals
- Total revenue
- $1,929,338
- Total expenses
- $1,485,905
- Contributions and grants received
- $1,769,619
- Grants paid
- $58,578
- Program service revenue
- $128,896
- Investment income
- $997
- Other revenue
- $29,826
- Total assets, end of year
- $2,554,447
- Total liabilities, end of year
- $837,880
- Net assets or fund balances, end of year
- $1,716,567
- Program services expenses (Part IX)
- $1,214,017
- Management and general expenses
- $128,621
- Fundraising expenses
- $143,267
- Program service expenses (Part III)
- $1,214,017
Program services were 81.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$10,000
-
1f · All other contributions, gifts and grants
$1,759,619
-
2a · Program service revenue: CONTRACT SERVICE FEES
total $128,896 · related or exempt $128,896
-
3 · Investment income
total $997 · excluded $997
-
8a · Fundraising events: gross income
$43,285
-
8a · Fundraising events: contributions included on line 1c
$10,000
-
8b · Fundraising events: direct expenses
$13,459
-
8c · Net income from fundraising events
total $29,826 · excluded $29,826
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $58,578 · program services $58,578
-
5 · Compensation of officers, directors and key employees
total $105,645 · program services $79,234 · management and general $15,846 · fundraising $10,565
-
7 · Other salaries and wages
total $858,128 · program services $786,082 · management and general $24,971 · fundraising $47,075
-
8 · Pension plan contributions
total $6,320 · program services $4,956 · management and general $546 · fundraising $818
-
9 · Other employee benefits
total $52,382 · program services $41,077 · management and general $4,522 · fundraising $6,783
-
10 · Payroll taxes
total $74,538 · program services $58,450 · management and general $6,433 · fundraising $9,655
-
11c · Fees: accounting
total $23,049 · management and general $23,049
-
11g · Fees: other
total $156,728 · program services $78,349 · management and general $27,378 · fundraising $51,001
-
13 · Office expenses
total $3,759 · program services $804 · management and general $880 · fundraising $2,075
-
16 · Occupancy
total $13,569 · program services $11,720 · management and general $1,027 · fundraising $822
-
17 · Travel
total $17,622 · program services $13,682 · management and general $2,301 · fundraising $1,639
-
20 · Interest
total $15,665 · program services $12,853 · management and general $1,558 · fundraising $1,254
-
22 · Depreciation, depletion and amortization
total $27,972 · program services $23,776 · management and general $2,797 · fundraising $1,399
-
23 · Insurance
total $13,803 · program services $11,319 · management and general $1,380 · fundraising $1,104
-
24a · Other expenses: PROGRAM EXPENSES
total $15,654 · program services $15,495 · management and general $159
-
24b · Other expenses: TELECOMMUNICATIONS
total $13,410 · program services $10,996 · management and general $1,341 · fundraising $1,073
-
24c · Other expenses: UNCOLLECTIBLE PLEDGE LOSS
total $10,000 · management and general $10,000
-
24d · Other expenses: SUPPLIES
total $6,331 · program services $627 · management and general $2,738 · fundraising $2,966
-
24e · All other expenses
total $12,752 · program services $6,019 · management and general $1,695 · fundraising $5,038
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $218,741 · end of year $558,161
-
2 · Savings and temporary cash investments
beginning of year $271,125 · end of year $399,972
-
3 · Pledges and grants receivable
beginning of year $485,000 · end of year $300,000
-
4 · Accounts receivable
beginning of year $20,372 · end of year $59,297
-
9 · Prepaid expenses and deferred charges
beginning of year $17,834 · end of year $17,180
-
10a · Land, buildings and equipment: cost or other basis
$1,314,445
-
10b · Land, buildings and equipment: accumulated depreciation
$94,608
-
10c · Land, buildings and equipment, net
beginning of year $1,247,809 · end of year $1,219,837
-
17 · Accounts payable and accrued expenses
beginning of year $80,683 · end of year $87,377
-
23 · Secured mortgages and notes payable
beginning of year $707,064 · end of year $420,503
-
25 · Other liabilities
beginning of year $200,000 · end of year $330,000
-
27 · Net assets without donor restrictions
beginning of year $643,738 · end of year $1,245,581
-
28 · Net assets with donor restrictions
beginning of year $629,396 · end of year $470,986
Mission and programs · 2024
Mission
TO PROVIDE EDUCATIONAL PROGRAMS, SERVICES, RESOURCES AND INFORMATION, AND LEADERSHIP DEVELOPMENT TO LOW INCOME LATINOS IN NEW MEXICO.
-
LA PLAZA DE ENCUENTRO GATHERING PLACE (ENCUENTRO) IS A NOT-FOR-PROFIT ORGANIZATION INCORPORATED IN THE STATE OF NEW MEXICO. ENCUENTRO WAS FOUNDED WITH A MISSION TO TRANSFORM NEW MEXICO INTO A THRIVING COMMUNITY FOR ALL NEW MEXICANS, BY ENGAGING WITH LATINO IMMIGRANTS IN EDUCATIONAL AND CAREER OPPORTUNITIES THAT BUILD SKILLS NECESSARY FOR ECONOMIC AND SOCIAL JUSTICE. PARTICIPATION IN ENCUENTRO'S PROGRAMS PROMOTES CIVIC ENGAGEMENT, POVERTY ALLEVIATION, AND THE EMPOWERMENT OF LOW-INCOME LATINOS IN NEW MEXICO BY PROVIDING EDUCATIONAL PROGRAMS, RESOURCES AND INFORMATION, AND LEADERSHIP DEVELOPMENT OPPORTUNITIES. ENCUENTRO ALSO SEEKS TO EDUCATE THE PUBLIC ABOUT ISSUES FACING IMMIGRANTS AND LOW-INCOME LATINOS IN NEW MEXICO.
Expenses $1,214,017 · Grants $58,578 · Revenue $128,896
As filed on the 2024 return.
Listed in Part VII
-
Dalia Medina BustillosDALIA MEDINA BUSTILLOS
EX. DIRECTOR
- Total calculated
- $79,398
- From this org
- $79,398
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Eduardo MartinezEDUARDO MARTINEZ
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1.5
-
Guiovanna AguirreGUIOVANNA AGUIRRE
TREASURER
- Total calculated
- $0
- Hours/week
- 1.5
-
Shalini ThomasSHALINI THOMAS
SECRETARY
- Total calculated
- $0
- Hours/week
- 1.5
-
Claudia MedinaCLAUDIA MEDINA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Martha HurtadoMARTHA HURTADO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Patricia TellesPATRICIA TELLES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Ignacio Victor GallegosIGNACIO VICTOR GALLEGOS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Pauline Annette LuceroPAULINE ANNETTE LUCERO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 6 March 2026
- IRS schema version
- 2024v5.0
- Source object
- 202610689349300416
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