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Nonprofiteer
← CPLC NEW MEXICO INC

Form 990 for tax year 2023

Filed by CPLC NEW MEXICO INC.

Totals

Total revenue
$6,628,070
Total expenses
$6,706,731
Contributions and grants received
$250,000
Grants paid
$0
Program service revenue
$6,317,552
Investment income
$60,210
Other revenue
$308
Total assets, end of year
$8,685,003
Total liabilities, end of year
$6,680,694
Net assets or fund balances, end of year
$2,004,309
Program services expenses (Part IX)
$6,155,861
Management and general expenses
$550,870
Fundraising expenses
$0
Program service expenses (Part III)
$6,155,861

Program services were 91.8% 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.

  • 1f · All other contributions, gifts and grants

    $250,000

  • 2a · Program service revenue: FOOD SERVICE CONTRACT REVENUE

    total $5,012,984 · related or exempt $5,012,984

  • 2b · Program service revenue: LOW-INCOME HOUSING RENTAL

    total $1,304,568 · related or exempt $1,304,568

  • 3 · Investment income

    total $60,210 · excluded $60,210

  • 11a · Other revenue: MISCELLANEOUS REVENUE

    total $308 · excluded $308

  • 11e · Other revenue, total

    $308

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $244,357 · management and general $244,357

  • 7 · Other salaries and wages

    total $533,922 · program services $509,827 · management and general $24,095

  • 8 · Pension plan contributions

    total $9,028 · program services $7,895 · management and general $1,133

  • 9 · Other employee benefits

    total $76,233 · program services $74,954 · management and general $1,279

  • 10 · Payroll taxes

    total $85,185 · program services $63,019 · management and general $22,166

  • 11a · Fees: management

    total $70,772 · program services $70,772

  • 11b · Fees: legal

    total $2,715 · program services $482 · management and general $2,233

  • 11c · Fees: accounting

    total $26,460 · program services $26,460

  • 11g · Fees: other

    total $4,120,185 · program services $4,120,185

  • 12 · Advertising and promotion

    total $30,142 · program services $4,784 · management and general $25,358

  • 13 · Office expenses

    total $117,352 · program services $114,393 · management and general $2,959

  • 14 · Information technology

    total $25,439 · program services $18,071 · management and general $7,368

  • 16 · Occupancy

    total $527,892 · program services $465,049 · management and general $62,843

  • 17 · Travel

    total $67,264 · program services $50,042 · management and general $17,222

  • 20 · Interest

    total $151,255 · program services $151,255

  • 22 · Depreciation, depletion and amortization

    total $368,377 · program services $342,344 · management and general $26,033

  • 23 · Insurance

    total $115,586 · program services $113,434 · management and general $2,152

  • 24a · Other expenses: ALLOCATED INDIRECT COST

    total $95,551 · management and general $95,551

  • 24b · Other expenses: BAD DEBT

    total $22,054 · program services $8,227 · management and general $13,827

  • 24c · Other expenses: STAFF DEVELOPMENT

    total $13,523 · program services $12,047 · management and general $1,476

  • 24d · Other expenses: SUPPLIES

    total $3,439 · program services $2,621 · management and general $818

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $384,024 · end of year $421,373

  • 4 · Accounts receivable

    beginning of year $419,669 · end of year $471,914

  • 7 · Other notes and loans receivable

    beginning of year $1,556,185 · end of year $1,524,616

  • 9 · Prepaid expenses and deferred charges

    beginning of year $4,671 · end of year $4,598

  • 10a · Land, buildings and equipment: cost or other basis

    $12,117,214

  • 10b · Land, buildings and equipment: accumulated depreciation

    $6,827,964

  • 10c · Land, buildings and equipment, net

    beginning of year $5,401,405 · end of year $5,289,250

  • 11 · Investments: publicly traded securities

    beginning of year $47,483 · end of year $49,267

  • 13 · Investments: program-related

    beginning of year $274,295 · end of year $221,959

  • 15 · Other assets

    beginning of year $625,515 · end of year $702,026

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,386,476 · end of year $1,055,067

  • 19 · Deferred revenue

    beginning of year $11,598 · end of year $6,184

  • 23 · Secured mortgages and notes payable

    beginning of year $4,084,973 · end of year $3,769,207

  • 25 · Other liabilities

    beginning of year $96,678 · end of year $1,850,236

  • 27 · Net assets without donor restrictions

    beginning of year $2,133,522 · end of year $2,004,309

Mission and programs · 2023

Mission

CPLC NEW MEXICO, INC. IS DEDICATED TO IMPROVING THE ECONOMIC WELL-BEING AND QUALITY OF LIFE FOR LOW-INCOME RESIDENTS OF NORTHERN NEW MEXICO, WHILE SEEKING TO PRESERVE THE AREA'S UNIQUE CULTURAL, HISTORICAL AND SOCIAL TRADITIONS AND WAY OF LIFE.

Activities or mission (Part I)

COMMUNITY DEVELOPMENT.

  • CHILD AND ADULT CARE FOOD PROGRAM (CACFP):CPLC NEW MEXICO INC. ADMINISTERS ONE OF THE LARGEST CACFP PROGRAMS SERVING HOME PROVIDERS AND CENTERS ACROSS NEW MEXICO APPROXIMATELY IN 96 TOWNS AND CITIES WITHIN 24 COUNTIES. THE CACFP PROGRAM SERVES TWO MAIN MEALS AND A SNACK TO EACH CHILD DAILY. IN THIS REPORTING YEAR, THE AVERAGE HOME-BASED PROVIDERS WHO SUBMITTED MEAL CLAIMS IS 403 SERVING OVER 2,739 KIDS DAILY. CPLCNM ALSO SPONSORED AN AVERAGE OF 67 AFFILIATED AND UNAFFILIATED CENTERS SERVING 1,342 CHILDREN DAILY. THE CACFP PROGRAM IS AN ESSENTIAL PROGRAM FOR CHILD WELL-BEING AND HAS SERVED 2,143,925 MEALS DURING THE FISCAL YEAR 2024.

    Expenses $4,560,566 · Revenue $4,820,506

  • LOW-INCOME MULTIFAMILY PROPERTY:CPLC NEW MEXCIO, INC'S LOW-INCOME MULTI-FAMILY PROPERTIES PROVIDE AFFORDABLE HOUSING OPPORTUNITIES TO ELIGIBLE RESIDENTS THROUGH RENT SUBSIDIES BASED ON RESIDENT INCOME LEVELS. ALL PROJECTS ARE REGULATED UNDER THE INTERNAL REVENUE CODE, SECTION 42. CPLC NM CURRENTLY OPERATES 40 LOW-INCOME RENTAL UNITS AT BELLA VISTA APARTMENTS, IN THE CITY OF TAOS, NM; 60 LOW-INCOME RENTAL UNITS AT VILLA LAS VEGAS APARTMENTS LOCATED IN LAS VEGAS, NM, AND 60 LOW-INCOME RENTAL UNITS AT LADERA APARTMENTS IN FARMINGTON, NEW MEXICO.

    Expenses $1,456,461 · Revenue $1,304,568

  • REGIONAL COALITION OF LOCAL COMMUNITIES:WE PROVIDE DAY-TO-DAY MANAGEMENT SERVICES FOR THE PARTNERSHIP TO CREATE ONE VOICE TO ENSURE NATIONAL DECISIONS INCORPORATE LOCAL NEEDS AND CONCERNS. THE COALITION'S FOCUS IS COMMUNITY AND ECONOMIC DEVELOPMENT, SITE EMPLOYMENT AND ENVIRONMENTAL REMEDIATION AND ADEQUATE FUNDING FOR LOS ALAMOS NATIONAL LABORATORY (LANL). THE RCLC IS COMPRISED OF NINE CITIES, COUNTIES AND PUEBLOS SURROUNDING THE US DEPARTMENT OF ENERGY'S LANL.

    Expenses $72,142 · Revenue $64,281

  • SUPPORTIVE HOUSING:THIS IS A NEW PROGRAM FOR FY24. PROGRAM PROVIDED 152 BEDS TO SPECIAL NEEDS CLIENTS. PROGRAM ALSO PROVIDED RENTAL ASSISTANCE TO 37 CLIENTS.

    Expenses $66,692 · Revenue $128,197

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • David Adame

    CHAIR (THROUGH 11/24/23)

    Total calculated
    $958,961
    From this org
    $0
    From related orgs
    $927,637
    Other
    $31,324
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $735,095 related
    Bonus
    $0 + $79,119 related
    Other
    $0 + $113,423 related
    Deferred
    $0 + $3,266 related
    Nontaxable benefits
    $0 + $28,058 related
    Filer's total
    $0 + $958,961 related

  • Andres Contreras - Director

    THEN CHAIR (AS OF 1/18/24)

    Total calculated
    $483,297
    From this org
    $0
    From related orgs
    $436,274
    Other
    $47,023
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $372,046 related
    Bonus
    $0 + $63,345 related
    Other
    $0 + $883 related
    Deferred
    $0 + $12,886 related
    Nontaxable benefits
    $0 + $34,137 related
    Filer's total
    $0 + $483,297 related

  • Max Gonzales - Secretary

    THEN DIRECTOR

    Total calculated
    $481,542
    From this org
    $0
    From related orgs
    $452,059
    Other
    $29,483
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $373,896 related
    Bonus
    $0 + $76,512 related
    Other
    $0 + $1,651 related
    Deferred
    $0 + $5,692 related
    Nontaxable benefits
    $0 + $23,791 related
    Filer's total
    $0 + $481,542 related

  • Alicia Nunez - Treasurercfo

    THEN VICE CHAIR (AS OF 1/18/24)

    Total calculated
    $460,891
    From this org
    $0
    From related orgs
    $429,388
    Other
    $31,503
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $369,651 related
    Bonus
    $0 + $58,854 related
    Other
    $0 + $883 related
    Deferred
    $0 + $8,273 related
    Nontaxable benefits
    $0 + $23,230 related
    Filer's total
    $0 + $460,891 related

  • Jose Martinez

    DIRECTOR

    Total calculated
    $451,551
    From this org
    $0
    From related orgs
    $439,179
    Other
    $12,372
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $379,288 related
    Bonus
    $0 + $59,315 related
    Other
    $0 + $576 related
    Deferred
    $0 + $10,144 related
    Nontaxable benefits
    $0 + $2,228 related
    Filer's total
    $0 + $451,551 related

  • Patricia Duarte

    DIRECTOR

    Total calculated
    $376,999
    From this org
    $0
    From related orgs
    $357,060
    Other
    $19,939
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $310,770 related
    Bonus
    $0 + $45,000 related
    Other
    $0 + $1,290 related
    Deferred
    $0 + $9,946 related
    Nontaxable benefits
    $0 + $9,993 related
    Filer's total
    $0 + $376,999 related

  • Nancy Lipman

    SECRETARY (AS OF 1/18/24)

    Total calculated
    $305,432
    From this org
    $0
    From related orgs
    $273,487
    Other
    $31,945
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $248,419 related
    Bonus
    $0 + $24,516 related
    Other
    $0 + $552 related
    Deferred
    $0 + $6,923 related
    Nontaxable benefits
    $0 + $25,022 related
    Filer's total
    $0 + $305,432 related

  • Jesse Satterlee

    TREASURER (AS OF 1/18/24)

    Total calculated
    $250,000
    From this org
    $0
    From related orgs
    $250,000
    Other
    $0
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $207,346 related
    Bonus
    $0 + $42,654 related
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $250,000 related

  • Joseph Griego

    PRESIDENT

    Total calculated
    $125,765
    From this org
    $110,735
    From related orgs
    $0
    Other
    $15,030
    Hours/week
    20 + 20 related

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4a · Severance or change-of-control payment
  • 7 · Other non-fixed payments

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE INDIVIDUALS LISTED ARE COMPENSATED BY THE PARENT NONPROFIT, CPLC, WHO USES AN INDEPENDENT COMPENSATION CONSULTANT, A COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE IN DETERMINING COMPENSATION.
PART I, LINE 4A
THE PARENT ORGANIZATION, CPLC, PAID DAVID ADAME, CHAIR, A SEVERENCE PAYMENT OF $111,077. THIS AMOUNT WAS INCLUDED IN W-2 WAGES.
PART I, LINE 7
BONUSES ARE DETERMINED BY PERFORMANCE METRICS THAT ADHERES TO THE OVERALL STRATEGIC PLAN AND APPROVED BY MANAGEMENT.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • LADERA VILLAGE LLC

    INVESTMENT MANAGEMENT · NM · income $0 · assets $0

    Directly controlled by CPLC NEW MEXICO INC

  • VILLA LAS VEGAS LLC

    INVESTMENT MANAGEMENT · NM · income $0 · assets $0

    Directly controlled by CPLC NEW MEXICO INC

  • NACIENTE HEALTH SERVICES LLC

    HEALTH CARE · NM · income $0 · assets $0

    Directly controlled by CPLC NEW MEXICO INC

  • LADERA VILLAGE LIMITED PARTNERSHIP

    HOUSING · NM · income $482,100 · assets $2,712,091

    Directly controlled by CPLC NEW MEXICO INC

  • VILLA LAS VEGAS LIMITED PARTNERSHIP

    HOUSING · NM · income $470,857 · assets $2,764,451

    Directly controlled by CPLC NEW MEXICO INC

  • BELLA VISTA PROPERTIES I LIMITED PARTNERSHIP

    HOUSING · NM · income $343,355 · assets $1,858,541

    Directly controlled by CPLC NEW MEXICO INC

  • BELLA VISTA CPLC MANAGER LLC

    INVESTMENT MANAGEMENT · NM · income $0 · assets $0

    Directly controlled by CPLC NEW MEXICO INC

  • BELLA VISTA MANAGEMENT LLC

    INVESTMENT MANAGEMENT · NM · income $0 · assets $0

    Directly controlled by CPLC NEW MEXICO INC

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • 25TH & BELL LIHTC LLC

    HOUSING · AZ

  • CASA DE ENCANTO SENIOR APARTMENTS LIHTC LP

    HOUSING · AZ

  • CASA DE FLORES SENIOR APARTMENTS LIHTC LP

    HOUSING · AZ

  • CPLC BROADWAY AND CENTRAL LIHTC LLC

    HOUSING · AZ

  • DAYTON GCM LIHTC LLC

    HOUSING · AZ

  • GUADALUPE HUERTA SENIOR APARTMENTS LIHTC LP

    HOUSING · AZ

  • HIGHLAND AT VISTA LLC

    HOUSING · AZ

  • MOUNTAIN POINTE APARTMENTS PHASE II LIHTC LP

    HOUSING · AZ

  • OLD WOOD LLC

    DEVELOPMENT · NM

  • PRESTAMOS SUB-CDE 5 LLC

    INVESTMENT · AZ

  • PRESTAMOS SUB-CDE 7 LLC

    INVESTMENT · AZ

  • PRESTAMOS SUB-CDE 8 LLC

    INVESTMENT · AZ

  • PRESTAMOS SUB-CDE 9 LLC

    INVESTMENT · AZ

  • PRESTAMOS SUB-CDE 10 LLC

    INVESTMENT · DE

  • PRESTAMOS SUB-CDE 11 LLC

    INVESTMENT · DE

  • PRESTAMOS SUB-CDE 12 LLC

    INVESTMENT · DE

  • PRESTAMOS SUB-CDE 13 LLC

    INVESTMENT · DE

  • PRESTAMOS SUB-CDE 14 LLC

    INVESTMENT · DE

  • PRESTAMOS SUB-CDE 15 LLC

    INVESTMENT · DE

  • PRESTAMOS SUB-CDE 16 LLC

    INVESTMENT · DE

  • PRESTAMOS SUB-CDE 17 LLC

    INVESTMENT · DE

  • PRESTAMOS SUB-CDE 18 LLC

    INVESTMENT · DE

  • PRESTAMOS SUB-CDE 19 LLC

    INVESTMENT · DE

  • PRESTAMOS SUB-CDE 20 LLC

    INVESTMENT · DE

  • PRESTAMOS SUB-CDE 21 LLC

    INVESTMENT · DE

  • PRESTAMOS SUB-CDE 22 LLC

    INVESTMENT · DE

  • PRESTAMOS SUB-CDE 23 LLC

    INVESTMENT · DE

  • PRESTAMOS SUB-CDE 24 LLC

    INVESTMENT · DE

  • PRESTAMOS SUB-CDE 25 LLC

    INVESTMENT · DE

  • PRESTAMOS SUB-CDE 26 LLC

    INVESTMENT · DE

  • PRESTAMOS SUB-CDE 27 LLC

    INVESTMENT · DE

  • PRESTAMOS SUB-CDE 28 LLC

    INVESTMENT · DE

  • PRESTAMOS SUB-CDE 29 LLC

    INVESTMENT · DE

  • PRESTAMOS SUB-CDE 30 LLC

    INVESTMENT · DE

  • PRESTAMOS SUB-CDE 31 LLC

    INVESTMENT · DE

  • PRESTAMOS SUB-CDE 32 LLC

    INVESTMENT · DE

  • PRESTAMOS SUB-CDE 33 LLC

    INVESTMENT · DE

  • PRESTAMOS SUB-CDE 34 LLC

    INVESTMENT · DE

  • ROSA LINDA SENIOR APARTMENTS LIHTC LP

    HOUSING · AZ

  • PRESTAMOS SUB-CDE 35 LLC

    INVESTMENT · DE

  • PRESTAMOS SUB-CDE 36 LLC

    INVESTMENT · DE

  • PRESTAMOS SUB-CDE 37 LLC

    INVESTMENT · DE

  • PRESTAMOS SUB-CDE 38 LLC

    INVESTMENT · DE

  • PRESTAMOS SUB-CDE 39 LLC

    INVESTMENT · DE

  • PRESTAMOS SUB-CDE 40 LLC

    INVESTMENT · DE

  • PRESTAMOS SUB-CDE 41 LLC

    INVESTMENT · DE

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • COMERCIO ARIZONA INC

    C · INVESTMENT · AZ

  • CPLC PRESTAMOS

    C · INVESTMENT · AZ

  • FRIENDSHIP COMMUNITY MENTAL HEALTH CENTER INC

    C · MENTAL HEALTH SERVICES · AZ

  • FUTURO INDUSTRIES INC

    C · INVESTMENT · DE

  • FUTURO INVESTMENT CORPORATION

    C · HOLDING COMPANY · AZ

  • HIGHLAND MANAGER LLC

    C · HOUSING · NV

  • NUEVAS VISTAS CONDOMINIUM ASSOCIATION

    C · HOA · AZ

  • PRESTAMOS SUB CDE 6 LLC

    C · INVESTMENT · AZ

  • TIEMPO INC

    C · REAL ESTATE · AZ

  • DAYTON GCM MANAGER LLC

    C · INVESTMENT MANAGEMENT · NV

Provenance

Return type
form_990
Tax year
2023
Filed
12 May 2025
IRS schema version
2023v6.0
Source object
202521339349305337

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