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Nonprofiteer
← NEW MEXICO COMMUNITY FOUNDATION

Form 990 for tax year 2024

Filed by NEW MEXICO COMMUNITY FOUNDATION.

Totals

Total revenue
$34,879,228
Total expenses
$11,243,437
Contributions and grants received
$31,954,758
Grants paid
$3,234,100
Program service revenue
$1,235,885
Investment income
$1,688,585
Other revenue
$0
Total assets, end of year
$60,771,649
Total liabilities, end of year
$5,930,480
Net assets or fund balances, end of year
$54,841,169
Program services expenses (Part IX)
$10,078,139
Management and general expenses
$1,152,187
Fundraising expenses
$13,111
Program service expenses (Part III)
$10,078,139

Program services were 89.6% 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.

  • 1e · Government grants (contributions)

    $1,703,996

  • 1f · All other contributions, gifts and grants

    $30,250,762

  • 2a · Program service revenue: MANAGEMENT FEES

    total $869,588 · related or exempt $869,588

  • 2b · Program service revenue: PROGRAM SERVICE REVENUE

    total $366,297 · related or exempt $366,297

  • 3 · Investment income

    total $847,424 · excluded $847,424

  • 7a · Gross sales of assets other than inventory

    securities $10,219,523

  • 7b · Less cost or other basis and sales expenses

    securities $9,378,362

  • 7c · Gain or loss

    securities $841,161

  • 7d · Net gain or loss

    total $841,161 · excluded $841,161

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $3,234,100 · program services $3,234,100

  • 5 · Compensation of officers, directors and key employees

    total $217,004 · management and general $217,004

  • 7 · Other salaries and wages

    total $527,764 · program services $421,365 · management and general $96,729 · fundraising $9,670

  • 8 · Pension plan contributions

    total $23,139 · management and general $23,139

  • 9 · Other employee benefits

    total $11,064 · management and general $11,064

  • 10 · Payroll taxes

    total $52,779 · program services $29,861 · management and general $22,233 · fundraising $685

  • 11a · Fees: management

    total $799,157 · program services $799,157

  • 11b · Fees: legal

    total $150,682 · program services $91,788 · management and general $58,875 · fundraising $19

  • 11c · Fees: accounting

    total $45,152 · management and general $45,152

  • 11f · Fees: investment management

    total $24,247 · management and general $24,247

  • 11g · Fees: other

    total $3,155,035 · program services $2,981,213 · management and general $173,765 · fundraising $57

  • 12 · Advertising and promotion

    total $12,669 · program services $3,606 · management and general $9,063

  • 13 · Office expenses

    total $294,292 · program services $75,739 · management and general $216,761 · fundraising $1,792

  • 14 · Information technology

    total $33,799 · program services $20,589 · management and general $13,206 · fundraising $4

  • 16 · Occupancy

    total $202,713 · program services $140,524 · management and general $62,189

  • 17 · Travel

    total $401,605 · program services $282,533 · management and general $118,188 · fundraising $884

  • 20 · Interest

    total $41,700 · program services $41,700

  • 22 · Depreciation, depletion and amortization

    total $29,603 · management and general $29,603

  • 23 · Insurance

    total $40,393 · program services $21,959 · management and general $18,434

  • 24a · Other expenses: OTHER EXPENSES

    total $1,946,540 · program services $1,934,005 · management and general $12,535

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,717,556 · end of year $1,453,211

  • 3 · Pledges and grants receivable

    beginning of year $1,960,000 · end of year $25,287,780

  • 4 · Accounts receivable

    beginning of year $57,645

  • 9 · Prepaid expenses and deferred charges

    beginning of year $63,885 · end of year $92,115

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

    $740,276

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

    $152,121

  • 10c · Land, buildings and equipment, net

    beginning of year $602,355 · end of year $588,155

  • 11 · Investments: publicly traded securities

    beginning of year $30,394,616 · end of year $33,350,388

  • 17 · Accounts payable and accrued expenses

    beginning of year $81,783 · end of year $321,149

  • 18 · Grants payable

    end of year $18,000

  • 21 · Escrow or custodial account liability

    beginning of year $4,575,324 · end of year $5,441,876

  • 25 · Other liabilities

    beginning of year $0 · end of year $149,455

  • 27 · Net assets without donor restrictions

    beginning of year $1,303,567 · end of year $2,295,811

  • 28 · Net assets with donor restrictions

    beginning of year $29,835,383 · end of year $52,545,358

Mission and programs · 2024

Mission

TO STEWARD COMMUNITY RESOURCES, BUILD PARTNERSHIPS, AND CREATE OPPORTUNITIES THAT TRANSFORM LIVES THROUGHOUT NEW MEXICO.

  • PROGRAM & FUNDRAISING - NMCF MANAGES ENDOWED AND NON-PERMANENT DONOR ADVISED, AGENCY, SCHOLARSHIP, DESIGNATED, COMMUNITY ADVISED, AND FIELD OF INTEREST FUNDS THAT ADDRESS A WIDE RANGE OF ISSUES: EDUCATION, RURAL DEVELOPMENT, NATIVE PHILANTHROPY AND ENTREPRENEURSHIP, WOMEN, CHILDREN, AND FAMILIES, ENVIRONMENT, COMMUNITY LEADERSHIP, CIVIC ENGAGEMENT, AND HEALTH AND WELLNESS.

    Expenses $9,394,681 · Grants $2,766,148 · Revenue $869,588

  • GRANTS - NMCF POOLS RESOURCES TO SUPPORT NEW MEXICO'S MOST UNDERSERVED COMMUNITIES, STRENGTHEN NEW MEXICO'S NONPROFITS, AND GROW PHILANTHROPY - ESPECIALLY IN RURAL NEW MEXICO. WE CONNECT DONORS TO VALUABLE PROJECTS AND VULNERABLE COMMUNITIES, AND WORK TO BE RESPONSIVE TO CURRENT, AND OFTEN URGENT, COMMUNITY NEEDS. NMCF INITIATED AND RAN PHILANTHROPIC PROGRAMS AND ACTIVITIES THAT ADDRESSED ISSUES THAT RANGED FROM RURAL ECONOMIES AND PROMOTING NATIVE LEADERSHIP TO ENSURING EQUALITY FOR WOMEN AND FAMILIES. NMCF DID THIS BY BUILDING RELATIONSHIPS WITH COMMUNITY LEADERS, NONPROFITS, DONORS AND PARTNER FOUNDATIONS TO CREATE GREATER OPPORTUNITY AND PROSPERITY IN NEW MEXICO. THROUGH THESE PARTNERSHIPS, WE AWARDED GRANTS TO DEVELOP NEW INITIATIVES OR SUPPORT EXISTING PROGRAMS.

    Expenses $683,458 · Grants $467,951 · Revenue $366,297

As filed on the 2024 return.

Listed in Part VII

  • ROSEMARY ROMERO

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • DAVID BRUNER

    VICE-CHAIR

    Total calculated
    $0
    Hours/week
    1

  • SANDY BRICE

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • EUN HONG CPA

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • ANPAO DUTA FLYING EARTH

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MARSHALL POOLE

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    1

  • PETER IVES

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • PATRICIO GUERRERORTIZ

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • META HIRSCHL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JOANN MELCHOR

    PRESIDENT AND CEO

    Total calculated
    $99,101
    From this org
    $94,644
    From related orgs
    $0
    Other
    $4,457
    Hours/week
    40

  • PHILLIP VARNUM

    FINANCE DIRECTOR

    Total calculated
    $117,903
    From this org
    $117,903
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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

  • LOS ALAMOS NATIONAL LABORATORY FOUNDATION

    $265,000

    P20: NORTHERN NEW MEXICO PATHWAYS TO OPPORTUNITY, INQUIRY SCIENCE EDUCATION CONSORTIUM (ISEC) SERVING MULTIPLE RURAL ELEMENTARY SCHOOLS IN COUNTIES IN NORTHERN NEW MEXICO

  • OLE EDUCATION FUND

    $181,497

    2024 NM WORKERS ORGANIZING COLLABORATIVE PROJECT PN TO AGE 3 POLICY AND ADVOCACY ACTIVITIES, TO INCLUDE CONTINUED WORK ON THE WAGE AND CAREER LADDER AND PAID FAMILY MEDICAL LEAVE.

  • NEW MEXICO VOICES FOR CHILDREN

    $140,000

    PN TO AGE 3 POLICY AND ADVOCACY ACTIVITIES, TO INCLUDE SUPPORTING EARLY CHILDHOOD EDUCATION COALITION DEVELOPMENT THROUGH STATEWIDE WORKSHOPS AND FACILITATION, PARTNERING TO CONDUCT COMMUNITY CONSULTATIONS AND PARTICIPATORY RESEARCH, CREATING STRATEGIC COMMUNICATIONS THAT REFLECT COMMUNITY-CENTERED POLICY RECOMMENDATIONS, AND CONDUCTING DIRECT POLICYMAKER EDUCATION IN PARTNERSHIP WITH COALITIONS AND COMMUNITIES.

  • AMERICANS FOR INDIAN OPPORTUNITY (AIO)

    $100,000

    2024 IMPLEMENTATION FOR ALBUQUERQUE INDIGENOUS ELDERS/YOUTH COUNCIL PROJECT

  • INDIGENOUS LIFE WAYS

    $100,000

    MCKINLEY COMMUNITY HEALTH ALLIANCE 2024 IMPLEMENTATION TO SUPPORT UNHOUSED OR HOUSING INSECURE ON NAVAJO NATION AND ZUNI PUEBLO

  • NATIVE WOMEN LEAD

    $100,000

    2024 IMPLEMENTATION FOR CAPITAL ACCESS PROGRAMMING PROJECT

  • CONSERVATION LEGACY

    $100,000

    ANCESTRAL LANDS CONSERVATION CORPS PROGRAM MANAGER SALARY 2024 IMPLEMENTATION

  • JICARILLA APACHE NATION

    $100,000

    2024 IMPLEMENTATION OF DEPARTMENT OF YOUTH ART MURAL PROJECT

  • EARTH CARE

    $100,000

    NIHI K'E' BAA' MUTUAL AID 2024 IMPLEMENTATION OF HOMESTEADS/HOGANS AND TRADITIONAL SKILLS WORKSHOPS

  • PUEBLO OF POJOAQUE

    $100,000

    2024 IMPLEMENTATION GRANT FOR SAFE AND HEALTHY FAMILIES PROGRAMS

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2024
Filed
6 April 2026
IRS schema version
2024v5.5
Source object
202630999349301428

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.