2023-08-28T14:40:51-05:00 2022-12-31 410746749 CLIFTONLARSONALLEN LLP 6501 AMERICAS PARKWAY NE SUITE 500 ALBUQUERQUE NM 87110 990 2022-01-01 201798654 NEW MEXICO COMMUNITY CAPITAL NEWM 5059242820 301 GOLD AVE SW 102 ALBUQUERQUE NM 87102 THAD PORCH CFO 5059242820 2023-08-25 1 THAD PORCH XXX-XX-XXXX 1 STEPHEN LIVINGSTON P00317845 5058428290 2023-08-25 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z LIZ GAMBOA 301 GOLD AVE SW 102 ALBUQUERQUE NM 87102 5158668 0 X WWW.NMCCAP.ORG X 2004 NM TO PROMOTE SOCIAL WELFARE, ALLEVIATE POVERTY AND LESSEN THE BURDENS OF GOVERNMENT THROUGH FINANCIAL ASSISTANCE, EQUITY INVESTMENTS, LOANS, AND OTHER AID DESIGNED TO IMPROVE THE ECONOMIC WELL BEING OF NEW MEXICO RESIDENTS PARTICULARLY FOR LOW-INCOME INDIVIDUALS IN ECONOMICALLY UNDERSERVED AREAS OF NEW MEXICO. 11 11 6 11 0 0 2646526 4721202 173386 293007 4380 60381 16348 83265 2840640 5157855 848709 1192173 0 0 487109 554711 0 0 0 838934 1783991 2174752 3530875 665888 1626980 12754152 13279513 11297595 10247982 1456557 3031531 X SEE SCHEDULE O 0 0 1621590 98802 189781 BUSINESS AND MARKETING ESSENTIALS (BME) EQUALITY CAN'T WAIT (ECW) - BUSINESS SERVICES - PROVIDING MANAGEMENT RESOURCES TO QUALIFYING BUSINESS, PARTICULARLY IN UNDER-INVESTED AREAS. 1273213 947133 0 INDIGENOUS ECONOMIC WELLBEING ALLIANCE (KELLOGG #2)- WE ARE AN EMERGING ALLIANCE OF NATIVE-OWNED AND NATIVE LED ORGANIZATIONS LEVERAGING OUR COLLECTIVE INGENUITY, NETWORKS, CAPITAL, AND RESOURCES TO SUPPORT INDIGENOUS ENTREPRENEURS. 177587 0 USDA - THE GOALS OF THE NATIVE AGRIBUSINESS AND FOOD SECURITY INITIATIVE (NAFSI) ARE TO SUPPORT AT LEAST 25 NATIVE FARMERS IN WESTERN PUEBLO COMMUNITIES DEVELOP AND GROW THEIR FARM BUSINESSES TO AGGREGATE FOR 10 NEW WHOLESALE MARKETS, AND TO DEVELOP 12 NEW FOOD ACCESS POINTS THAT SERVE TRIBAL COMMUNITY MEMBERS. ACCESS POINTS WILL BE PROVIDED THROUGH MOGRO'S HEALTHY FOOD DELIVERY PROGRAM AT NATIVE COMMUNITY HEALTH AND WELLNESS CENTERS, AS WELL AS THROUGH FARM STANDS AND MARKETS. NAFSI WILL INCREASE LOCAL FOOD SALES BY 50% (TO $127,500 ANNUALLY) BY THE END OF THE PROJECT AND PROVIDE 24 TRAININGS TO NATIVE FARMERS WITH FSMA-COMPLIANT CURRICULA AND BUSINESS TECHNICAL SERVICES.THIS PROGRAM IS FINANCED THROUGH GRANTS AND CONTRIBUTIONS. 338256 146238 0 NATIVE FARMERS IN RESIDENCE (NATIVE AMERICAN AGRICULTURE FUND/ERME) - THE NATIVE FARMERS IN RESIDENCE (NFIR) PROGRAM PROVIDES A CULTURALLY APPROPRIATE, SUPPORTIVE PLACE FOR NATIVE AMERICAN FARMERS TO GAIN CONFIDENCE, GROW, AND BECOME SUCCESSFUL.THIS PROGRAM IS FINANCED THROUGH GRANTS AND CONTRIBUTIONS. 2447 0 6840 INDIGIEXCHANGE - AN ONLINE MARKETPLACE FOR NATIVE ENTREPRENEURS CONNECTED TO OUR PROGRAMS.THE INDIGIEXCHANGE MARKETPLACE GIVES RISE TO FBB PARTICIPANTS BY SUPPORTING ENTREPRENEURS WITH SELLING, PRICING, NEGOTIATING, AND DIGITAL MARKETING. WE NEGOTIATE CONTRACTS TO PAY PARTICIPANTS UP FRONT AND WORK WITH THEM TO DETERMINE A FAIR PRICE AND PROFIT MARGIN. ALL SALES ARE REINVESTED INTO BUYING MORE PRODUCTS WITH A PERCENTAGE USED TO FUND A SMALL NATIVE ENTREPRENEUR FUND TO SUPPORT MAKERS WITH MICRO GRANTS THAT HELP SUPPORT THEIR BUSINESS. WITH YOUR PURCHASE, YOU CAN SUPPORT WORK THAT ALLOWS US TO COLLECTIVELY BUY, SELL, BARTER AND TRADE WHICH MULTIPLIES VALUE AND REVITALIZES OUR INDIGENOUS ECONOMIES.THIS PROGRAM HAS BECOME SELF-SUFFICIENT. 0 0 179651 FISCAL SERVICES - FISCAL SPONSORSHIP SERVICES ARE PROVIDED TO COMPANIES IN THE COMMUNITY WHO HAVE A NON-PROFIT MISSION, MANY OF WHICH ARE IN THE PROCESS OF GETTING THEIR OWN 501(C)3 STATUS. THIS PROGRAM IS FINANCED THROUGH A PERCENTAGE OF THE GRANTS SPONSOREES RECEIVE. 340703 146238 186491 3413093 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 213 0 1 6 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NM X X X CJ MOYA 5059242820 301 GOLD AVE SW 102 ALBUQUERQUE NM 87102 J MICHAEL SCHAFER FUND MANAGING DIRECTOR TO 1/1/2022 40.00 X X 12280 0 0 KIP RITCHIE CHAIR 2.00 X X 0 0 0 DR STUART ROSE TREASURER 2.00 X X 0 0 0 M GAYLE WATSON SECRETARY 2.00 X X 0 0 0 DAVID CASTILLO DIRECTOR 2.00 X 0 0 0 ANNETTE HAMILTON DIRECTOR 2.00 X 0 0 0 CHRIS JAMES DIRECTOR 2.00 X 0 0 0 RICHARD SCHNEIDER VICE CHAIR 2.00 X X 0 0 0 JUAQUIN MOYA DIRECTOR 2.00 X 0 0 0 JOANNIE ROMERO DIRECTOR 2.00 X 0 0 0 GARRY MCBERRYHILL DIRECTOR 2.00 X 0 0 0 SEAN MCCABE DIRECTOR 2.00 X 0 0 0 LIZ GAMBOA EXECUTIVE/FUND MANAGING DIRECTOR 40.00 X 105991 0 4938 THAD PORCH CFO 5.00 X 33635 0 0 151906 0 4938 1 0 0 0 ROANHORSE CONSULTING LLC 2406 MOUNTAIN RD NW ALBUQUERQUE NM 87104 PROGRAM MANAGEMENT 167367 ALICIA ORTEGA 6412 LITTLE JOE PL NW ALBUQUERQUE NM 87102 CO-DIRECTOR OF AN AGENCY COMPANY 151156 AGNETHA J GLOSHAY 3415 MATA ORTIZ SW ALBUQUERUQE NM 87121 CO-DIRECTOR OF AN AGENCY COMPANY 146723 CLARE ZURAWSKI 2180 WEST ALAMEDA ST UNIT 19 SANTA FE NM 87507 GRANT SPECIALIST 109831 4 628832 4092370 7675 4721202 FISCAL SPONSOR FEE 561000 179651 179651 BUSINESS SERVICES 900099 113356 113356 293007 60381 60381 7653 813 6840 6840 MISCELLANEOUS INCOME 900099 76425 76425 76425 5157855 376272 0 60381 X 947133 947133 245040 245040 161815 121919 39896 290210 290114 96 71375 70518 857 31311 30850 461 8869 2783 6086 26710 26710 1183370 1183370 3901 2745 1156 63798 43812 19986 33326 33294 32 61030 50657 10373 346409 342983 3426 1462 1462 8703 8703 RIGHT OF USE EXPENSE 38738 38738 IN-KIND EXPENSE 7675 7675 3530875 3413093 117782 0 5927920 3927491 6050272 8485447 231911 168639 71129 75129 9072 17969 18735 20177 50664 35497 17942 15167 16887 86664 410284 482830 12754152 13279513 1558180 2716314 9739415 7531668 11297595 10247982 X 645540 1087142 811017 1944389 1456557 3031531 12754152 13279513 1626980 -63884 11878 0 X X 0 1 X 1 0 X 409188 1006213 1214323 2646526 4721202 9997452 277985 21361 235104 194734 377085 1106269 687173 1027574 1449427 2841260 5098287 11103721 1600 1600 152971 20450 173421 152971 20450 1600 175021 10928700 27026 12041 5536 4380 60381 109364 27026 12041 5536 4380 60381 109364 714199 1039615 1454963 2845640 5158668 11213085 0.97460 0.95200 0.00980 0.01100 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 50664 35497 15167 15167 X PART X, LINE 2: NMCC HAS ADOPTED ASC 740-10, RELATING TO UNCERTAIN TAX POSITIONS. ASC 740-10 PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT PROCESS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS AND ALSO PROVIDES GUIDANCE ON VARIOUS RELATED MATTERS SUCH AS DERECOGNITION, INTEREST, PENALTIES, AND DISCLOSURES REQUIRED. NMCC DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS. 1 CHANGE LABS INC 833261055 501(C)(3) 486833 0 KELLOGG SUBGRANT:1) INCREASE THE ECONOMIC OPPORTUNITY AND WELL-BEING FOR NATIVE ENTREPRENEURS IN NEW MEXICO.2) LEVERAGE AND INITIATE SYSTEMS OF CHANGE THROUGH POLICY ADVOCACY (NOT LOBBYING), INFORMED RESEARCH, AND COALITION AND MOVEMENT BUILDING WORK.3) INCREASE BUSINESS CAPITAL TO NATIVE ENTREPRENEURS BY PROVIDING AND EXPANDING RELATIONSHIP-BASED LENDING.4) INCREASED CAPACITY BUILDING AND TECHNICAL ASSISTANCE THROUGH CLOUD-BASED TECHNOLOGY TRAINING, A NATIVE AMERICAN ONLINE MARKETPLACE, COMMUNITY-LED CONVENINGS, AND BUSINESS INCUBATION TAILORED TO THE NEEDS OFNATIVE ENTREPRENEURS. NATIVE COMMUNITY CAPITAL 270735586 501(C)(3) 460300 0 KELLOGG SUBGRANT:1) INCREASE THE ECONOMIC OPPORTUNITY AND WELL-BEING FOR NATIVE ENTREPRENEURS IN NEW MEXICO.2) LEVERAGE AND INITIATE SYSTEMS OF CHANGE THROUGH POLICY ADVOCACY (NOT LOBBYING), INFORMED RESEARCH, AND COALITION AND MOVEMENT BUILDING WORK.3) INCREASE BUSINESS CAPITAL TO NATIVE ENTREPRENEURS BY PROVIDING AND EXPANDING RELATIONSHIP-BASED LENDING.4) INCREASED CAPACITY BUILDING AND TECHNICAL ASSISTANCE THROUGH CLOUD-BASED TECHNOLOGY TRAINING, A NATIVE AMERICAN ONLINE MARKETPLACE, COMMUNITY-LED CONVENINGS, AND BUSINESS INCUBATION TAILORED TO THE NEEDS OFNATIVE ENTREPRENEURS. 2 DIRECT CASH ASSISTANCE 119 200303 EDUCATIONAL SUPPLIES 60 44737 PART I, LINE 2: ALL SUBGRANT FUNDS WERE BASED AROUND PARTICIPATION IN GRANTS WHICH NMCC RECEIVED. FUNDS WERE RELEASED AFTER THE PARTICIPATION TOOK PLACE AND THE REQUIREMENTS FOR FUNDING HAD BEEN MET. FORM 990, PART III, LINE 1 NEW MEXICO COMMUNITY CAPITAL'S MISSION IS TO GIVE RISE TO A MORE EQUITABLE FUTURE BY PROVIDING CULTURALLY APPROPRIATE TOOLS FOR SUCCESS TO EMERGING NATIVE AMERICAN-OWNED BUSINESSES, NATIVE FAMILIES, AND TRIBAL ENTERPRISES. WE PROVIDE CLASSES AND PROGRAMS THAT ARE TAUGHT USING SUPPORTIVE MENTORSHIP, PEER LEARNING, AND CULTURALLY RELEVANT CURRICULUM. WE SUPPORT TRIBAL AGENCIES AND ORGANIZATIONS WITH SPECIALIZED TECHNICAL ASSISTANCE AND BUSINESS SERVICES. FORM 990, PART VI, SECTION A, LINE 1A THE AUDIT COMMITTEE SHALL CONSIST OF THREE MEMBERS, TWO OF WHOM SHALL BE CURRENT MEMBERS OF THE NMCC BOARD OF DIRECTORS. TERMS SHALL BE ANNUAL CONCURRENT WITH NMCC'S FISCAL (ALSO CALENDAR) YEAR. NONBOARD MEMBERS MAY BE INCLUDED ON THE AUDIT COMMITTEE TO OBTAIN A PROPER LEVEL OF FINANCIAL AND OTHER APPLICABLE EXPERTISE ON THE COMMITTEE. NONBOARD MEMBERS SHALL POSSESS EXPERTISE NOT RESIDENT AMONG BOARD MEMBERS WILLING TO SERVE ON THE COMMITTEE AT THE TIME THEY ARE APPOINTED OR BEGIN THEIR TERM. AUDIT COMMITTEE MEMBERS SHALL BE INDEPENDENT WITH RESPECT TO NMCC TO AVOID THE EXISTENCE OR APPEARANCE OF CONFLICTS OF INTEREST. ALL COMMITTEE MEMBERS SHALL MEET APPLICABLE STANDARDS OF INDEPENDENCE AND BE APPOINTED BY THE BOARD OF DIRECTORS. THE AUDIT COMMITTEE SHALL APPOINT THE AUDIT COMMITTEE CHAIR WHO SHALL BE A MEMBER OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B AFTER THE RETURN IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM, THE CFO REVIEWS A COPY OF THE DRAFT AND FINAL FORM 990 FOR COMPLETENESS AND ACCURACY. THE FORM 990 IS THEN PRESENTED TO THE BOARD OF DIRECTORS. THE GOVERNING BOARD REVIEWS, THEN APPROVES, THE FINAL COPY AND THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO REVIEW THE CONFLICT OF INTEREST AGREEMENT AND CONFIRM THEY ARE IN COMPLIANCE ANNUALLY. THEY ARE REQUIRED TO DISCLOSE CONFLICTS AT EACH BOARD MEETING OR AS APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE IS A PART OF THE BOARD OF DIRECTORS. THE COMPENSATION COMMITTEE REVIEWS AND DETERMINES THE COMPENSATION OF THE MANAGING DIRECTOR AND OTHER OFFICERS THROUGH AN INTERNAL REVIEW PROCESS. THIS PROCESS INCLUDES THE USE OF COMPARABILITY DATA FOR SIMILARLY QUALIFIED PERSONS IN COMPARABLE POSITIONS AT SIMILAR ORGANIZATIONS. ALL DELIBERATIONS AND DECISIONS ARE DOCUMENTED. THE MANAGING DIRECTOR REVIEWS AND RECOMMENDS TO THE BOARD THE COMPENSATION OF OTHER KEY EMPLOYEES THROUGH AN INTERNAL REVIEW PROCESS. THIS PROCESS INCLUDES THE USE OF COMPARABILITY DATA FOR SIMILARLY QUALIFIED PERSONS IN COMPARABLE POSITIONS AT SIMILAR ORGANIZATIONS. THE BOARD DELIBERATES THE MANAGING DIRECTOR'S RECOMMENDATIONS BEFORE APPROVING RAISES. ALL DELIBERATIONS AND DECISIONS ARE DOCUMENTED. THE COMPENSATION PROCESSES DESCRIBED ABOVE WERE LAST COMPLETED IN 2019. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION AT THE ORGANIZATION'S OFFICES AND UPON REQUEST. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE ALSO AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORM 990, PART IX, LINE 11G CONTRACT LABOR: PROGRAM SERVICE EXPENSES 101,959. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 101,959. CONSULTANT: PROGRAM SERVICE EXPENSES 834,212. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 834,212. NEIR PARTICIPANT: PROGRAM SERVICE EXPENSES 247,199. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 247,199. FORM 990, PART XII, LINE 2C THE SELECTION PROCESS AND/OR THE OVERSIGHT PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR. NEW MEXICO COMMUNITY CAPITAL MANAGEMENT LLC 300 GOLD AVE SW SUITE 102 ALBUQUERQUE NM 87102 202825575 MANAGING INVESTMENT LIMITED PARTNERSHIPS NM 0 0 NEW MEXICO COMMUNITY CAPITAL NEW MEXICO COMMUNITY CAPITAL FUND 1 LP 301 GOLD AVE SW SUITE 102 ALBUQUERQUE NM 87102 202825662 INV IN DEBT AND EQUITY SECURITIES NM NMCC MANAGEMENT LLC INVSTMT-EXCLUDED 15439 0 0 0.00680 CCMN 301 GOLD AVE SW STE 102 ALBUQUERQUE NM 87102 331069830 TO PROVIDE SECURITY SERVICES NM C 10086 13205 1.00000 1 0 0 0 1 0 0 0 0 0 0 0 1 0 1 1 0 1 1 1 NEW MEXICO COMMUNITY CAPITAL FUND 1 LP L BOOK AMOUNT