Form 990 for tax year 2024

Filed by NEW MEXICO HOSPITAL ASSOCIATION.

Totals

Total revenue: $3,616,692
Total expenses: $2,907,229
Contributions and grants received: $2,352,604
Grants paid: $85,000
Program service revenue: $548,415
Investment income: $518,699
Other revenue: $196,974
Total assets, end of year: $22,696,346
Total liabilities, end of year: $6,063,773
Net assets or fund balances, end of year: $16,632,573
Program services expenses (Part IX): $0
Management and general expenses: $0
Fundraising expenses: $0
Program service expenses (Part III): not reported

Program services were 0.0% 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.

1b · Membership dues

$2,300,254
1d · Related organizations

$47,000
1f · All other contributions, gifts and grants

$5,350
2a · Program service revenue: NMHERF EXPENSE SHARING

total $339,700 · related or exempt $339,700
2b · Program service revenue: ANNUAL MEETING

total $208,715 · related or exempt $208,715
3 · Investment income

total $401,028 · excluded $401,028
7a · Gross sales of assets other than inventory

securities $1,050,000
7b · Less cost or other basis and sales expenses

securities $932,329
7c · Gain or loss

securities $117,671
7d · Net gain or loss

total $117,671 · excluded $117,671
11a · Other revenue: RISK PURCHASE GROUP SERVICES

total $172,897 · related or exempt $172,897
11b · Other revenue: OTHER REVENUE

total $24,077 · related or exempt $24,077
11e · Other revenue, total

$196,974

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $85,000
5 · Compensation of officers, directors and key employees

total $565,731
7 · Other salaries and wages

total $569,750
8 · Pension plan contributions

total $29,050
9 · Other employee benefits

total $209,220
10 · Payroll taxes

total $75,198
11b · Fees: legal

total $27,153
11c · Fees: accounting

total $31,650
11d · Fees: lobbying

total $118,320
11g · Fees: other

total $116,889
13 · Office expenses

total $73,412
17 · Travel

total $62,114
19 · Conferences, conventions and meetings

total $176,403
22 · Depreciation, depletion and amortization

total $1,781
23 · Insurance

total $11,373
24a · Other expenses: SERVICE FEE-HOSP SVC CORP

total $492,368
24b · Other expenses: BOARD/COMMITTEE EXPENSE

total $261,817

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $1,137,908 · end of year $1,270,336
2 · Savings and temporary cash investments

beginning of year $109,001 · end of year $286,394
4 · Accounts receivable

beginning of year $13,767 · end of year $46,916
9 · Prepaid expenses and deferred charges

beginning of year $65,801 · end of year $36,578
10a · Land, buildings and equipment: cost or other basis

$49,302
10b · Land, buildings and equipment: accumulated depreciation

$39,270
10c · Land, buildings and equipment, net

beginning of year $2,479 · end of year $10,032
11 · Investments: publicly traded securities

beginning of year $4,460,903 · end of year $4,350,248
12 · Investments: other securities

beginning of year $11,757,854 · end of year $12,077,611
15 · Other assets

beginning of year $4,814,634 · end of year $4,618,231
17 · Accounts payable and accrued expenses

beginning of year $586,052 · end of year $200,686
19 · Deferred revenue

beginning of year $1,118,422 · end of year $911,815
25 · Other liabilities

beginning of year $5,029,098 · end of year $4,951,272
27 · Net assets without donor restrictions

beginning of year $15,628,775 · end of year $16,632,573

Mission and programs · 2024

Mission

REPRESENT THE MEMBERS OF THE ORGANIZATION ON LEGISLATIVE, REGULATORY AND PUBLIC POLICY ISSUES AND TO WORK WITH MEMBERS AND OTHERS TO IMPROVE THE HEALTH STATUS OF CITIZENS OF NEW MEXICO.

TAKE A LEADERSHIP ROLE IN STATE AND NATIONAL LEGISLATIVE ARENAS AND IN PUBLIC POLICY DEVELOPMENT TO PROMOTE AND ADVOCATE FOR THE COMMON GOOD AND COLLECTIVE INTERESTS OF THE MEMBERS OF NMHA.
PROVIDE AN AUTHORITATIVE, KNOWLEDGEABLE AND RELIABLE VOICE FOR ITS MEMBERS AND A SOURCE FOR THE HOSPITAL DATA USED FOR PUBLIC POLICY DEVELOPMENT AND LEGISLATIVE INITIATIVES. THIS INCLUDES PROVIDING PRODUCTS AND SERVICES, INCLUDING MANUALS, INFORMATION RELEASES CONCERNING STATE AND FEDERAL HEALTHCARE AND WORKFORCE ISSUES AND COMPARATIVE DATA BASE PROGRAMS REGARDING HEALTHCARE OPERATING ISSUES.
PROMOTE COOPERATIVE, COLLABORATIVE EFFORTS AMONG ITS MEMBERS AND OTHERS. SPONSOR AN ANNUAL MEETING TO PROVIDE MEMBERS THE OPPORTUNITY TO BECOME MORE INFORMED ABOUT HEALTHCARE ISSUES, IMPROVE TECHNICAL/PROFESSIONAL SKILLS AND NETWORK WITH HEALTHCARE LEADERS THROUGHOUT NEW MEXICO.

As filed on the 2024 return.

Listed in Part VII

Amy BlasingAMY BLASING

DIRECTOR

Total calculated

$0

Hours/week

2 + 1 related
Tim JohnsenTIM JOHNSEN

DIRECTOR

Total calculated

$0

Hours/week

2 + 1 related
Jason RoundsJASON ROUNDS

DIRECTOR

Total calculated

$0

Hours/week

2 + 1 related
Kelley WhitakerKELLEY WHITAKER

DIRECTOR

Total calculated

$0

Hours/week

2 + 1 related
Tammie ChavezTAMMIE CHAVEZ

DIRECTOR

Total calculated

$0

Hours/week

2 + 1 related
Kaye GreenKAYE GREEN

DIRECTOR

Total calculated

$0

Hours/week

2 + 1 related
Lillian MontoyaLILLIAN MONTOYA

DIRECTOR

Total calculated

$0

Hours/week

2 + 1 related
David ShawDAVID SHAW

DIRECTOR

Total calculated

$0

Hours/week

2 + 1 related
Maryann DroppsMARYANN DROPPS

EX-OFFICIO D

Total calculated

$0

Hours/week

2 + 1 related
Lisa CochranLISA COCHRAN

EX-OFFICIO D

Total calculated

$0

Hours/week

2 + 1 related
Robert WhitakerROBERT WHITAKER

EX-OFFICIO D

Total calculated

$0

Hours/week

2 + 1 related
Jamie Silva-SteeleJAMIE SILVA-STEELE

AHA DELEGATE

Total calculated

$0

Hours/week

2 + 1 related
Warren YehlWARREN YEHL

CHAIR

Total calculated

$0

Hours/week

2 + 1 related
Kate BeckerKATE BECKER

CHAIR-ELECT

Total calculated

$0

Hours/week

2 + 1 related
Sabrina MartinSABRINA MARTIN

SECRETARY/TR

Total calculated

$0

Hours/week

2 + 1 related
Todd OberheuTODD OBERHEU

PAST CHAIR

Total calculated

$0

Hours/week

2 + 1 related
Troy ClarkTROY CLARK

PRES/CEO

Total calculated

$565,732

From this org

$497,139

From related orgs

$0

Other

$68,593

Hours/week

35 + 5 related

Schedule J breakdown matched by us

Base

$382,435

Bonus

$74,267

Other

$40,437

Deferred

$37,600

Nontaxable benefits

$30,993

Filer's total

$565,732

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

3 · Compensation committee
3 · Independent compensation consultant
3 · Written employment contract
3 · Compensation survey or study
3 · Approval by the board or compensation committee

Answered no

4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement

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

NM HOSPITAL EDUCATION & RESEARCH

$85,000

FURTHER EXEMPT PURP

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.

NEW MEXICO HOSPITAL EDUCATION AND RESEARCH FOUNDATION - 85-0361802

501C3 · EDUCATION · NM

Directly controlled by NMHA
NEW MEXICO HEALTH POLITICAL ACTION COMMITTEE

527 · POLITICAL · NM

Directly controlled by NMHA

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.

AUXILIARY TO NEW MEXICO HOSPITAL AS

EDUCATION · NM · income -$21,980 · assets $4,851

Directly controlled by NA

Related corporations and trusts

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

HOSPITAL SERVICES CORPORATION - 85-0332389

C CORP · HEALTHCARE · NM · 100% owned · share of income $319,757 · share of assets $15,356,899 · controlled entity

Directly controlled by NMHA

Provenance

Return type: form_990
Tax year: 2024
Filed: 11 November 2025
IRS schema version: 2024v5.0
Source object: 202513159349305821

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