NEW MEXICO STATE UNIVERSITY FOUNDATION INC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- NEW MEXICO STATE UNIVERSITY FOUNDATION INC (EIN 85-0170157)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-05-14
- IRS object ID
- 202421359349311672
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-14T15:43:22+00:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 350921680 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CROWE LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 225 West Wacker Drive Suite 2600 | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606061224 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 850170157 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | New Mexico State Univ Fdn Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NEWM | BusinessNameControlTxt |
| Phone | 5756461613 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 3590 | AddressLine1Txt |
| City | Las Cruces | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 880033590 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | David H Strong | PersonNm |
| Person Title | Chief Financial Officer | PersonTitleTxt |
| Phone | 5756464072 | PhoneNum |
| Signature | 2024-05-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | David | PersonFirstNm |
| Person Last | Strong | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Nicole Bencik | PreparerPersonNm |
| PTIN | P00756195 | PTIN |
| Phone | 3128997000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | David H Strong | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 3590 | AddressLine1Txt |
| City | Las Cruces | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 880033590 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $179,584,079 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | nmsufoundation.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1959 | FormationYr |
| Legal Domicile State | NM | LegalDomicileStateCd |
| Activity Or Mission | THE MISSION OF NEW MEXICO STATE UNIVERSITY FOUNDATION IS TO FOSTER LONG-TERM RELATIONSHIPS WITH OUR ALUMNI, SUPPORTERS, AND COMMUNITY IN ORDER TO SECURE, MANAGE, STEWARD, AND PROTECT A SUSTAINABLE SOURCE OF PRIVATE RESOURCES THAT WILL ENHANCE THE ABILITY OF NEW MEXICO STATE UNIVERSITY TO FULFILL ITS LAND GRANT MISSION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 29 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 29 | VotingMembersIndependentCnt |
| Total Employee | 47 | TotalEmployeeCnt |
| Total Volunteers | 43 | TotalVolunteersCnt |
| Total Gross UBI | $8,394,907 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $8,584,484 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $25,136,627 | PYContributionsGrantsAmt |
| CY Contributions Grants | $10,230,736 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $876,682 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $4,641,177 | CYProgramServiceRevenueAmt |
| PY Investment Income | $63,831,764 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,614,849 | CYInvestmentIncomeAmt |
| PY Other Revenue | $4,153,351 | PYOtherRevenueAmt |
| CY Other Revenue | $1,526,858 | CYOtherRevenueAmt |
| PY Total Revenue | $93,998,424 | PYTotalRevenueAmt |
| CY Total Revenue | $19,013,620 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $13,671,125 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $15,955,375 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $3,671,110 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $5,693,895 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $502,083 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $5,137,244 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,063,622 | PYOtherExpensesAmt |
| CY Other Expenses | $2,644,437 | CYOtherExpensesAmt |
| PY Total Expenses | $18,907,940 | PYTotalExpensesAmt |
| CY Total Expenses | $24,293,707 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $75,090,484 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$5,280,087 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $352,538,517 | TotalAssetsBOYAmt |
| Total Assets EOY | $384,382,069 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $51,149,338 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $84,046,335 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $301,389,179 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $300,335,734 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE MISSION OF NEW MEXICO STATE UNIVERSITY FOUNDATION IS TO FOSTER LONG-TERM RELATIONSHIPS WITH OUR ALUMNI, SUPPORTERS, AND COMMUNITY IN ORDER TO SECURE, MANAGE, STEWARD, AND PROTECT A SUSTAINABLE SOURCE OF PRIVATE RESOURCES THAT WILL ENHANCE THE ABILITY OF NEW MEXICO STATE UNIVERSITY TO FULFILL ITS LAND GRANT MISSION. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $15,955,375 | ExpenseAmt |
| Grant | $15,955,375 | GrantAmt |
| Revenue | $4,641,177 | RevenueAmt |
| Desc | FY 23 grants to NMSU represent a $2.36M (17%) increase from the prior year. These grants support a wide range of activities for NMSU including funding for NMSU colleges and units, athletics, and research initiatives. A portion of this amount provided funding for scholarships awarded to over 2,700 students during the fiscal year. The overall funding of NMSU during the fiscal year was provided by thousands of current-use gifts from generous donors and alumni as well as grants from over 1,700 endowment funds. | Desc |
| Total Program Service Expenses | $15,955,375 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | Yes (true) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 35 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 47 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | Yes (true) | NondeductibleContributionsInd |
| Nondeductible Contri Discl | Yes (true) | NondeductibleContriDisclInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 29 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 29 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (true) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ND | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | David H Strong | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5756464072 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1305 North Horseshoe | AddressLine1Txt |
| City | Las Cruces | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 88003 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (41 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| AARON DE LOS SANTOS | |||||||||
| TREASURER | 2.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| AMY HUMMER | |||||||||
| SECRETARY | 2.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| CHRISTIAN H HENDRICKSON | |||||||||
| CHAIR | 2.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| LOUIS A VEGA | |||||||||
| VICE CHAIR | 2.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| RAQUEL BONE | |||||||||
| SECRETARY UNTIL 12/31/2022 | 2.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| ABEL COVARRUBIAS | |||||||||
| MEMBER FROM 1/1/2023 | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| ANTONIA ROYBAL-MACK | |||||||||
| MEMBER UNTIL 12/31/2022 | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| BOB DINTELMAN | |||||||||
| MEMBER | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| BOBBY LUTZ | |||||||||
| MEMBER UNTIL 12/31/2022 | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| CHRISTOPHER DULANY | |||||||||
| MEMBER | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| DEANZA VALENCIA | |||||||||
| MEMBER | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| DEL ESPARZA | |||||||||
| MEMBER FROM 1/1/2023 | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| DR JUDY JOHNSON | |||||||||
| MEMBER | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| DR SUE GERBER | |||||||||
| MEMBER | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| ERIC POWELL | |||||||||
| MEMBER | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| FRANK SEIDEL | |||||||||
| MEMBER | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| HAROLD FOREMAN | |||||||||
| MEMBER UNTIL 3/25/2023 | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| JAGDEV CHEEMA | |||||||||
| MEMBER | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| JIM RHODES | |||||||||
| MEMBER | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| JOEL GRANGER | |||||||||
| MEMBER | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| JOHN CORDOVA | |||||||||
| MEMBER | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| KEVIN CONROY | |||||||||
| MEMBER FROM 1/1/2023 | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| KEVIN JAMESON | |||||||||
| MEMBER UNTIL 12/31/2022 | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| KYLE LOUVAR | |||||||||
| IMMEDIATE PAST CHAIR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| KYLE RHODES | |||||||||
| MEMBER | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| MANNY MORA | |||||||||
| MEMBER | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| MARC REYES | |||||||||
| MEMBER FROM 1/1/2023 | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| MARGARET HARDIN | |||||||||
| MEMBER FROM 1/1/2023 | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL PACKARD | |||||||||
| MEMBER FROM 1/1/2023 | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| NICOLE LOUVAR | |||||||||
| MEMBER | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT MARTINEZ | |||||||||
| MEMBER | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| ROSS MCCALLISTER | |||||||||
| MEMBER | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| SUE DINTELMAN | |||||||||
| MEMBER | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| SUSAN PLANTZ | |||||||||
| MEMBER | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| THOM PRICE | |||||||||
| MEMBER | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Derek Dictson | |||||||||
| President | 40.0 | 0.0 | $404,563 | $0 | $80,197 | Yes (X) | |||
| Keith Emrick | |||||||||
| VP for Development | 40.0 | 0.0 | $191,914 | $0 | $33,194 | Yes (X) | |||
| Kristin Ludwig | |||||||||
| Chief Operating Officer | 40.0 | 0.0 | $251,449 | $0 | $45,316 | Yes (X) | |||
| Virginia Schlemeyer | |||||||||
| VP for External Relations | 40.0 | 0.0 | $305,733 | $0 | $50,987 | Yes (X) | |||
| Brien Murphy | |||||||||
| Senior Director - Corporate and Foundation Relations | 40.0 | 0.0 | $104,520 | $0 | $32,945 | Yes (X) | |||
| James Covington | |||||||||
| Executive Director - Estates and Planned Giving | 40.0 | 0.0 | $149,169 | $0 | $27,054 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,407,348 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $269,693 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 6 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Angeles Investments | |||||
| 429 Santa Monica Blvd | Santa Monica | CA | 90401 | investment fees | $706,509 |
| Blackbaud Inc | |||||
| PO BOX 844827 | BOSTON | MA | 02284 | Software maintenance | $122,956 |
| Robert Half | |||||
| PO Box 743245 | Los Angeles | CA | 90074 | Help with staffing services | $114,898 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $555,301 | MembershipDuesAmt |
| Fundraising | $101,850 | FundraisingAmt |
| All Other Contributions | $9,573,585 | AllOtherContributionsAmt |
| Noncash Contributions | $454,863 | NoncashContributionsAmt |
| Total Contributions | $10,230,736 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| NMSU Management Fee | $4,475,664 | $4,475,664 |
| Membership Dues | $165,513 | $165,513 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $4,641,177 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,505,826 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $8,394,907 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$4,889,081 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $15,519 | TotalRevenueColumnAmt |
| Exclusion | $15,519 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $829,375 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $318,541 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $510,834 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $510,834 | TotalRevenueColumnAmt |
| Exclusion | $510,834 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $159,275,352 | SecuritiesAmt |
| Other | $800 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $160,146,849 | SecuritiesAmt |
| Other | $20,280 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$871,497 | SecuritiesAmt |
| Other | -$19,480 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$890,977 | TotalRevenueColumnAmt |
| Exclusion | -$890,977 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $107,505 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $101,850 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $84,789 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $22,716 | TotalRevenueColumnAmt |
| Exclusion | $22,716 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|
| Non-gift Revenue | $484,426 | $484,426 |
| Reimbursements | $216,450 | $216,450 |
| Other Revenue | $165,242 | $165,242 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $111,671 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $111,671 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $977,789 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $19,013,620 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $4,641,177 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $8,394,907 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$4,253,200 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,955,375 | TotalAmt |
| Program Services | $15,955,375 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,265,383 | TotalAmt |
| Management And General | $589,310 | ManagementAndGeneralAmt |
| Fundraising | $676,073 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,430,495 | TotalAmt |
| Management And General | $826,964 | ManagementAndGeneralAmt |
| Fundraising | $2,603,531 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $482,603 | TotalAmt |
| Management And General | $108,290 | ManagementAndGeneralAmt |
| Fundraising | $374,313 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $252,981 | TotalAmt |
| Management And General | $151,095 | ManagementAndGeneralAmt |
| Fundraising | $101,886 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $262,433 | TotalAmt |
| Management And General | $63,263 | ManagementAndGeneralAmt |
| Fundraising | $199,170 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $132,909 | TotalAmt |
| Management And General | $57,400 | ManagementAndGeneralAmt |
| Fundraising | $75,509 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,888 | TotalAmt |
| Management And General | $49,888 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $430,161 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $223,348 | ManagementAndGeneralAmt |
| Fundraising | $206,813 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $70,233 | TotalAmt |
| Fundraising | $70,233 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $238,913 | TotalAmt |
| Management And General | $147,777 | ManagementAndGeneralAmt |
| Fundraising | $91,136 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $284,187 | TotalAmt |
| Management And General | $201,278 | ManagementAndGeneralAmt |
| Fundraising | $82,909 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $560 | TotalAmt |
| Management And General | $560 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $496,100 | TotalAmt |
| Management And General | $94,650 | ManagementAndGeneralAmt |
| Fundraising | $401,450 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,807 | TotalAmt |
| Management And General | $5,807 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,839 | TotalAmt |
| Management And General | $52,839 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|
| Other expenses | $277,189 | $277,189 | |
| OWH other expenses | $220,661 | $220,661 | |
| Candidate Search | $181,034 | $63,445 | $117,589 |
| Publications | $96,397 | $399 | $95,998 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $107,559 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $66,925 | ManagementAndGeneralAmt |
| Fundraising | $40,634 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,293,707 | TotalAmt |
| Program Services | $15,955,375 | ProgramServicesAmt |
| Management And General | $3,201,088 | ManagementAndGeneralAmt |
| Fundraising | $5,137,244 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,509,603 | BOYAmt |
| EOY | $11,332,294 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $322,239 | BOYAmt |
| EOY | $292,824 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,510,967 | BOYAmt |
| EOY | $6,554,552 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $271,577 | BOYAmt |
| EOY | $26,403,941 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4 | BOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $198,955 | BOYAmt |
| EOY | $218,248 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $5,184,300 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $578,809 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,562,371 | BOYAmt |
| EOY | $4,605,491 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $284,923,398 | BOYAmt |
| EOY | $333,904,797 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,239,403 | BOYAmt |
| EOY | $1,069,922 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $352,538,517 | BOYAmt |
| EOY | $384,382,069 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $418,324 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $350,413 | BOYAmt |
| EOY | $334,425 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,491 | BOYAmt |
| EOY | $34,491 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,764,434 | BOYAmt |
| EOY | $83,259,095 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,149,338 | BOYAmt |
| EOY | $84,046,335 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,118,686 | BOYAmt |
| EOY | $96,724,472 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $283,270,493 | BOYAmt |
| EOY | $203,611,262 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $301,389,179 | BOYAmt |
| EOY | $300,335,734 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $352,538,517 | BOYAmt |
| EOY | $384,382,069 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$5,280,087 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $15,783,804 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$11,557,162 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Organization | Yes (X) | CollegeOrganizationInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $15,826,482 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $14,647,987 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $93,286,084 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $25,136,627 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $10,230,736 | CurrentTaxYearAmt |
| Total | $159,127,916 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $166,112 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $198,949 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $142,689 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $356,770 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $332,165 | CurrentTaxYearAmt |
| Total | $1,196,685 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $15,992,594 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $14,846,936 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $93,428,773 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $25,493,397 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $10,562,901 | CurrentTaxYearAmt |
| Total | $160,324,601 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $321,499 | SubstantialContributorsTotAmt |
| Public Support Total170 | $160,003,102 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,032,743 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,852,806 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,964,897 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,179,100 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,350,720 | CurrentTaxYearAmt |
| Total | $29,380,266 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $55,102 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $9,708,474 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $675,096 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,013,263 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $8,584,484 | CurrentTaxYearAmt |
| Total | $27,036,419 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $315,555 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $353,321 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | -$558,866 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,769,088 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $977,789 | CurrentTaxYearAmt |
| Total | $4,856,887 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $221,598,173 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $8,234,316 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.7220 | PublicSupportCY170Pct |
| Public Support PY170 | 0.7594 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule A, Part II, Line 10 Other Income | FormAndLineReferenceDesc |
| Explanation | DESCRIPTION - SPECIAL EVENTS, MERCHANDISE SALES AND OTHER MISC. REVENUE, COLUMN A - 315555.0, COLUMN B - 353321.0, COLUMN C - -558866.0, COLUMN D - 3769088.0, COLUMN E - 977789.0, COLUMN F - 4856887.0; | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $191,000 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
| Agent Trustee Etc | false | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (true) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $168,023,780 | BeginningYearBalanceAmt |
| Contributions | $84,599,254 | ContributionsAmt |
| Investment Earnings Or Losses | $16,419,179 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,339,862 | OtherExpendituresAmt |
| Administrative Expenses | $3,800,439 | AdministrativeExpensesAmt |
| End Year Balance | $262,901,912 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $160,976,117 | BeginningYearBalanceAmt |
| Contributions | $15,005,384 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,726,488 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,547,068 | OtherExpendituresAmt |
| Administrative Expenses | $3,684,165 | AdministrativeExpensesAmt |
| End Year Balance | $168,023,780 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $138,129,867 | BeginningYearBalanceAmt |
| Contributions | $10,212,516 | ContributionsAmt |
| Investment Earnings Or Losses | $18,017,407 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,843,277 | OtherExpendituresAmt |
| Administrative Expenses | $3,540,396 | AdministrativeExpensesAmt |
| End Year Balance | $160,976,117 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $139,218,367 | BeginningYearBalanceAmt |
| Contributions | $8,390,780 | ContributionsAmt |
| Investment Earnings Or Losses | -$4,289,852 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,758,004 | OtherExpendituresAmt |
| Administrative Expenses | $3,431,424 | AdministrativeExpensesAmt |
| End Year Balance | $138,129,867 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $134,002,049 | BeginningYearBalanceAmt |
| Contributions | $9,269,047 | ContributionsAmt |
| Investment Earnings Or Losses | $3,733,128 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $4,937,253 | OtherExpendituresAmt |
| Administrative Expenses | $2,848,604 | AdministrativeExpensesAmt |
| End Year Balance | $139,218,367 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.3307 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.0 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.6693 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $4,548,000 | InvestmentCostOrOtherBasisAmt |
| Book Value | $4,548,000 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $573,657 | OtherCostOrOtherBasisAmt |
| Depreciation | $543,329 | DepreciationAmt |
| Book Value | $30,328 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $62,643 | OtherCostOrOtherBasisAmt |
| Depreciation | $35,480 | DepreciationAmt |
| Book Value | $27,163 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $4,605,491 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Investments - Securities | $254,101,570 | F |
| ASSETS HELD IN TRUST - NMSU | $79,803,227 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $333,904,797 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| ASSETS HELD IN TRUST - NMSU | $79,803,227 |
| DUE TO NMSU | $2,010,095 |
| GIFT ANNUITIES PAYABLE | $1,445,773 |
| OTHER LIABILITIES | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $83,259,095 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $23,671,843 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $15,783,804 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $332,165 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | -$11,557,162 | OtherRevenueAmt |
| Revenue Not Reported | $4,558,807 | RevenueNotReportedAmt |
| Revenue Subtotal | $19,113,036 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$99,416 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$99,416 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $19,013,620 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $24,725,288 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $332,165 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $99,416 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $431,581 | ExpensesNotReportedAmt |
| Expenses Subtotal | $24,293,707 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $0 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $24,293,707 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part III, Line 4 Collections of art - description of collections | THE ORIGINAL WORKS OF ART ARE ON DISPLAY AND SERVE TO ENCOURAGE DONORS TO CONTINUE CONTRIBUTING TO THE VARIOUS ART/PERFORMING ART PROGRAMS OF NEW MEXICO STATE UNIVERSITY. |
| Schedule D, Part IV, Line 2b Explanation of escrow agreement | THE ORGANIZATION HOLDS SECURITY DEPOSITS OF TENANTS IN ITS REAL ESTATE INVESTMENT. |
| Schedule D, Part V, Line 4 Intended uses of endowment funds | THE FOUNDATION'S ENDOWMENTS CONSIST OF APPROXIMATELY 1,730 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES TO SUPPORT THE MISSION OF THE FOUNDATION TO SUPPORT NEW MEXICO STATE UNIVERSITY BY PROVIDING FUNDS FOR NEW MEXICO STATE UNIVERSITY ACTIVITIES, SCHOLARSHIPS, AND FINANCIAL AID TO STUDENTS. |
| Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote | The Foundation is an organization exempt from income taxes under Section 501(a) of the Internal Revenue Code as an organization described in Section 501(c)(3). However, the Foundation is subject to taxation on income derived from business activities not substantially related to the Foundation's exempt function (unrelated business income under Internal Revenue Code Section 511); such income is taxed at the normal corporate rate. Contributions to the Foundation are deductible by donors as provided under Section 170 of the Internal Revenue Code. The Foundation's accounting policy provides that a tax expense or benefit from an uncertain tax position may be recognized when it is more-likely-than-not that the position will be sustained upon examination based on the technical merits. The Foundation has no uncertain tax positions resulting in an accrual of tax expense or benefit. |
| Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 | ALLOWANCE ON OWH - -8758557 PRIOR PERIOD ADJUSTMENT - -203761 CHANGE IN SPLIT INTEREST AGREEMENT-ENDOWMENT - -295156 CHANGE IN DONOR RESTRICTION - -2299688 |
| Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements | Rental income moved to Part IX: Statement of functional expenses - 560 Special event expenses moved to Part VIII: Statement of Revenue - -84789 Adjustment to other revenue - -15187 |
| Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 | Rental income moved to Part IX: Statement of functional expenses - -560 Special event expenses moved to Part VIII: Statement of Revenue - 84789 Adjustment to other expenses - 15187 |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | Central America and the Caribbean | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | Investments | TypeOfActivitiesConductedTxt |
| Region Total Expenditures | $24,486,859 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $24,486,859 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $24,486,859 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (true) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (true) | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements | FormAndLineReferenceDesc |
| Explanation | CENTRAL AMERICA AND THE CARIBBEAN-Accrual | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Sixth Man Tip-off | Event1Nm |
| Gross Receipts Event1 | $84,771 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $38,332 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $46,439 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $14,617 | OtherDirectExpensesEvent1Amt |
| Event2 | Aggies in Paradise | Event2Nm |
| Gross Receipts Event2 | $52,011 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $26,868 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $25,143 | GrossRevenueEvent2Amt |
| Other Direct Expenses Event2 | $36,420 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 3 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $72,573 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $36,650 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $35,923 | GrossRevenueOtherEventsAmt |
| Oth Direct Expnss Other Events | $33,752 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $209,355 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $101,850 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $107,505 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $84,789 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $84,789 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $22,716 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | false | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW MEXICO STATE UNIVERSITY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 30001 | AddressLine1Txt |
| City | LAS CRUCES | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 88003 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 856000401 | RecipientEIN |
| IRC Section | GOV | IRCSectionDesc |
| Cash Grant | $15,955,375 | CashGrantAmt |
| Purpose Of Grant | SUPPORT NMSU ACTIVITIES | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. | FormAndLineReferenceDesc |
| Explanation | The Foundation's purpose is to secure and manage private gifts to promote the educational, research, and service purposes of NMSU; therefore, all grants and assistance are awarded to NMSU and eligibility is automatic. Selection criteria and eligibility for specific grants or assistance provided to NMSU colleges and units are defined by individual donors via written gift agreements at the time a donation is made. All gift agreements are maintained by the Foundation as outlined in the approved document retention policies. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Derek Dictson | ||||||||||||||
| President | $404,563 | $0 | $0 | $0 | $0 | $0 | $46,588 | $0 | $33,609 | $0 | $484,760 | $0 | $0 | $0 |
| Keith Emrick | ||||||||||||||
| VP for Development | $191,914 | $0 | $0 | $0 | $0 | $0 | $26,164 | $0 | $7,030 | $0 | $225,108 | $0 | $0 | $0 |
| Virginia Schlemeyer | ||||||||||||||
| VP for External Relations | $305,733 | $0 | $0 | $0 | $0 | $0 | $40,068 | $0 | $10,919 | $0 | $356,720 | $0 | $0 | $0 |
| Kristin Ludwig | ||||||||||||||
| Chief Operating Officer | $251,449 | $0 | $0 | $0 | $0 | $0 | $29,066 | $0 | $16,250 | $0 | $296,765 | $0 | $0 | $0 |
| James Covington | ||||||||||||||
| Executive Director - Estates and Planned Giving | $149,169 | $0 | $0 | $0 | $0 | $0 | $20,143 | $0 | $6,911 | $0 | $176,223 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation | FormAndLineReferenceDesc |
| Explanation | Prior University Process: Compensation contingent upon revenues of related org human resources at New Mexico State University (NMSU) reviews and approves all salaries in accordance with the salary range of the individual. The human resources departments and the Chancellor of NMSU must approve the salary for the vice president of the university advancement, which by title also serves as the President of the New Mexico State Foundation (the "Foundation"). Direction and control of these individuals is maintained by NMSU. As such, these individuals do not meet the status of an employee of the foundation under the common law rules applicable in determining the employer/employee relationship. Based upon the Form 990 definitions of "Related Organization" NMSU is also not considered a related organization to the Foundation. The Board of Directors of the Foundation is not comprised of a majority of NMSUs Board of Trustees. Nor does the Foundation have the power to replace, appoint, elect, approve/Veto the appointment or election of, a majority of the Foundation's directors. During the calendar year 2022, the Foundation took over compensation of its employees and staff. Each year, we meticulously benchmark all positions within our organization using two national salary surveys sourced from medium-sized higher education foundations. This ensures that our total cash compensation, including salary and incentive compensation, remains at 75% of the national average. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 16 | ContributionCnt |
| Noncash Contributions Rpt F990 | $333,963 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | Musical instruments | 4 | $23,700 | Market value |
| Yes (X) | Documentary materials | 1 | $97,200 | Market value |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 2 | Form8283ReceivedCnt |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (true) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions | THIRD PARTY USED TO PROCESS NONCASH CONTRIBUTIONS. BROKERAGE FIRMS ARE USED TO SELL DONATED SECURITIES. |
| Schedule M, Part I Explanations of reporting method for number of contributions | Other - Musical instruments THE FOUNDATION IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED. Other - Documentary materials THE FOUNDATION IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED. Securities - Publicly traded - THE FOUNDATION IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Line 4 Significant changes to organizational documents | During the year, the organization made the following significant change to the Bylaws: Officers of the Foundation, including the President, may be removed from office by a two-thirds (2/3) vote of the members of the Board of Directors present at any properly called meeting in which a quorum is present. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | A DRAFT OF THE ORGANIZATION'S FORM 990 IS EMAILED TO THE FOUNDATION'S CONTROLLER. AFTER REVIEW, THE RETURN IS FORWARDED TO THE AUDIT COMMITTEE FOR FURTHER REVIEW BEFORE FORWARDING IT TO THE BOARD MEMBERS FOR THEIR REVIEW AND APPROVAL. THE FORM 990 PROVIDED TO THE BOARD DOES NOT INCLUDE SCHEDULE B, AS SUCH, THIS QUESTION HAS BEEN ANSWERED NO IN ACCORDANCE WITH THE IRS INSTRUCTIONS. |
| Form 990, Part VI, Line 12c Conflict of interest policy | All Board Members are required to complete a Conflict-of-Interest Form on an annual basis. This process is actively monitored by the CEO and reported to and reviewed by the Foundation audit committee which has final approval for all actions deemed necessary. Every board meeting agenda includes a reminder for members to disclose any conflicts with agenda items before the agenda is approved. Any director or officer who has an interest in a contract, a non-passive investment, or other transaction presented to the Board of Directors or a committee thereof for authorization, approval, or ratification shall make a prompt and full disclosure of his or her interest to the Board of Directors or such committee before any action on such contract or transaction by the Board of Directors or such committee. Any individual who becomes aware of a potential conflict situation involving another director or officer is encouraged to bring such potential conflict to the attention of the Board of Directors (by communication to the Board in session or to a Board Member) or the applicable committee (by communication to the chairperson or any other member of the committee), since conflicts of interest may arise in varied contexts and may not be understood as a conflict by the conflicted individual. |
| Form 990, Part VI, Line 15a Process to establish compensation of top management official | Prior University Process: Compensation contingent upon revenues of related org human resources at New Mexico State University (NMSU) reviews and approves all salaries in accordance with the salary range of the individual. The human resources departments and the Chancellor of NMSU must approve the salary for the vice president of the university advancement, which by title also serves as the President of the New Mexico State Foundation (the "Foundation"). Direction and control of these individuals is maintained by NMSU. As such, these individuals do not meet the status of an employee of the foundation under the common law rules applicable in determining the employer/employee relationship. Based upon the Form 990 definitions of "Related Organization" NMSU is also not considered a related organization to the Foundation. The Board of Directors of the Foundation is not comprised of a majority of NMSUs Board of Trustees. Nor does the Foundation have the power to replace, appoint, elect, approve/Veto the appointment or election of, a majority of the Foundation's directors. During the calendar year 2022, the Foundation took over compensation of its employees and staff. Each year, we meticulously benchmark all positions within our organization using two national salary surveys sourced from medium-sized higher education foundations. This ensures that our total cash compensation, including salary and incentive compensation, remains at 75% of the national average. |
| Form 990, Part VI, Line 15b Process to establish compensation of other employees | Prior University Process: An agreement is in place with New Mexico State University to provide employee staff support to the Foundation. The staffing level, compensation and benefits of employees and other personnel matters are decided by the University. During the calendar year 2022, the Foundation took over compensation of its employees and staff. Each year, we meticulously benchmark all positions within our organization using two national salary surveys sourced from medium-sized higher education foundations. This ensures that our total cash compensation, including salary and incentive compensation, remains at 75% of the national average. The Board of Directors approves compensation recommendations based on these benchmarks during the annual budget approval. If individual salary recommendations fall outside of approved benchmarks they will be reviewed by the Executive Committee of the Board of Directors for approval. Final approval for a salary recommendation that is within an approved budget will come from the CEO. |
| Form 990, Part VI, Line 19 Required documents available to the public | THE NEW MEXICO STATE UNIVERSITY FOUNDATION, INC. MAKES ITS GOVERNING DOCUMENTS INCLUDING ITS ARTICLES OF INCORPORATION, ANNUAL REPORT, BYLAWS, ITS CODE OF CONDUCT POLICY, AND THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS FOR THE NEW MEXICO STATE UNIVERSITY FOUNDATION, INC. AND SUBSIDIARIES AVAILABLE TO THE PUBLIC UPON REQUEST, I.E., BY CONTACTING THE FOUNDATION'S CONTROLLER. |
| Form 990, Part VIII, Line 11d Other Miscellaneous Revenue | License Plates - Total Revenue: 111671, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 111671; |
| Form 990, Part XI, Line 9 Other changes in net assets or fund balances | Allowance on OWH - -8758557; Prior Period Adjustment - -203761; Change in Split Interest Agreement-Endowment - -295156; Change in Donor Restriction - -2299688; |
| form 990, part vi, line 2 FAMILY/BUSINESS RELATIONSHIPS AMONGST INTERESTED PERSONS | Bob Dintelman & Sue Dintelman - Both of these individuals are active Board members and married to each other. Jim Rhodes & Kyle Rhodes - Both of these individuals are active Board members and they are brothers. Kyle Louvar & Nicole Louvar - Both of these individuals are active Board members and married to each other. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|
| REAL ESTATE HOLDINGS OF NMSU FOUND | ||||||||
| 1305 N HORSESHOE DR | LAS CRUCES | NM | 88003 | REAL ESTATE | NM | $734,561 | $4,861,991 | NMSUF |
| OUR WAY HOLDINGS I LLC | ||||||||
| 1305 N HORSESHOE DR | LAS CRUCES | NM | 88003 | INVESTING | NM | $0 | $0 | NMSUF |
| OUR WAY HOLDINGS II LLC | ||||||||
| 1305 N HORSESHOE DR | LAS CRUCES | NM | 88003 | INVESTING | NM | -$5,401,982 | $26,510,242 | NMSUF |