NEW MEXICO STATE UNIVERSITY FOUNDATION INC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- NEW MEXICO STATE UNIVERSITY FOUNDATION INC (EIN 85-0170157)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-05-10
- IRS object ID
- 202521309349301307
- Schema version
- 2023v6.0
- 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 | 2025-05-10T14:24:38+00:00 | ReturnTs |
| Tax Period End | 2024-06-30 | 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 | 5810 TENNYSON PARKWAY Suite 450 | AddressLine1Txt |
| City | Plano | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 750244112 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | 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 | Sylvia Acosta | PersonNm |
| Person Title | Chief Executive Officer | PersonTitleTxt |
| Phone | 5756464072 | PhoneNum |
| Signature | 2025-05-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | AMY BELLANCA | PreparerPersonNm |
| PTIN | P01572961 | PTIN |
| Phone | 2147775200 | PhoneNum |
| Preparation | 2025-05-10 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Dr Sylvia Acosta | 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 | $226,026,209 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | alwaysanaggie.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 | 31 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 31 | VotingMembersIndependentCnt |
| Total Employee | 108 | TotalEmployeeCnt |
| Total Volunteers | 31 | TotalVolunteersCnt |
| Total Gross UBI | $523,367 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $487,215 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $10,230,736 | PYContributionsGrantsAmt |
| CY Contributions Grants | $18,258,326 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $4,641,177 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $4,846,676 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,614,849 | PYInvestmentIncomeAmt |
| CY Investment Income | $17,012,835 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,526,858 | PYOtherRevenueAmt |
| CY Other Revenue | $976,524 | CYOtherRevenueAmt |
| PY Total Revenue | $19,013,620 | PYTotalRevenueAmt |
| CY Total Revenue | $41,094,361 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $15,955,375 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $13,362,319 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $5,693,895 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $8,555,600 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $5,945,984 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,644,437 | PYOtherExpensesAmt |
| CY Other Expenses | $7,847,696 | CYOtherExpensesAmt |
| PY Total Expenses | $24,293,707 | PYTotalExpensesAmt |
| CY Total Expenses | $29,765,615 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$5,280,087 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $11,328,746 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $384,382,069 | TotalAssetsBOYAmt |
| Total Assets EOY | $423,070,189 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $84,046,335 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $95,091,897 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $300,335,734 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $327,978,292 | 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 | $16,433,386 | ExpenseAmt |
| Grant | $13,362,319 | GrantAmt |
| Revenue | $4,846,676 | RevenueAmt |
| Desc | In FY24, New Mexico State University Foundation advanced its mission to support academic excellence, research innovation, and student success across the NMSU system. Through the generosity of donors and strategic stewardship of resources, the Foundation raised and managed funds that directly enriched the educational experience for thousands of students and bolstered the university's land-grant mission to serve the diverse communities of New Mexico. This year, the Foundation facilitated over $4 million in scholarship support, alleviating financial barriers for more than 4,300 students and ensuring access to higher education for many first-generation and underrepresented learners. In collaboration with campus partners, we supported faculty research, expanded experiential learning opportunities, and funded capital improvements to enhance campus facilities - including laboratories, student support centers, and cultural hubs. The Foundation also launched initiatives to deepen alumni engagement and community partnerships, hosting events and campaigns that celebrated Aggie pride and inspired lifelong investment in NMSU's future. Our donor relations efforts maintained a high standard of transparency and accountability, helping to sustain long-term philanthropic relationships critical to the university's growth and resilience. Through these efforts, the NMSU Foundation continues to serve as a vital engine for transforming lives and empowering the next generation of leaders in New Mexico and beyond. | Desc |
| Total Program Service Expenses | $16,433,386 | 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 | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | 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 | 38 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 108 | 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 |
| 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 | 31 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 31 | 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 |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Alasdair Forsythe | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5753194761 | 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 (42 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 | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| AARON DE LOS SANTOS | ||||||||||
| TREASURER (UNTIL 4/2024) | 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 | |||
| ERIC POWELL | ||||||||||
| DIRECTOR / TREASURER (begin 4/2024) | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| KYLE LOUVAR | ||||||||||
| IMMEDIATE PAST 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 | |||
| ABEL COVARRUBIAS | ||||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| BOB DINTELMAN | ||||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| CAROL SMALLWOOD | ||||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| CHRISTOPHER DULANY | ||||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| DEANZA VALENCIA | ||||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| DEL ESPARZA | ||||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| DR JUDY JOHNSON | ||||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| DR SUE GERBER | ||||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| FRANK SEIDEL | ||||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| JAGDEV CHEEMA | ||||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| JIM RHODES | ||||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| JOEL GRANGER | ||||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| JOHN CORDOVA | ||||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| KEVIN CONROY | ||||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| KYLE RHODES | ||||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| MANNY MORA | ||||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| MARC REYES | ||||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| MARGARET HARDIN | ||||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| MICHAEL LAW | ||||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| MICHAEL PACKARD | ||||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| NICOLE LOUVAR | ||||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| ROBERT MARTINEZ | ||||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| ROSS MCCALLISTER | ||||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| SUE DINTELMAN | ||||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| SUSAN PLANTZ | ||||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| THOM PRICE | ||||||||||
| DIRECTOR | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | ||||
| David Strong | ||||||||||
| Chief Financial Officer (until 6/14/2024 | 40.0 | 0.0 | Yes (X) | $343,955 | $0 | $92,690 | ||||
| Sylvia Acosta | ||||||||||
| Chief Executive Officer (Begin 10/2/2023) | 40.0 | 0.0 | Yes (X) | $90,827 | $0 | $23,460 | ||||
| Stacey MacDonnell | ||||||||||
| AVP Advancement Services | 40.0 | 0.0 | $173,848 | $0 | $38,545 | Yes (X) | ||||
| Virginia Schlemeyer | ||||||||||
| VP for External Relations (until 9/15/2023) | 40.0 | 0.0 | $204,914 | $0 | $24,664 | Yes (X) | ||||
| James Covington | ||||||||||
| Executive Director - Estates and Planned Giving | 40.0 | 0.0 | $170,837 | $0 | $49,869 | Yes (X) | ||||
| John Gresham | ||||||||||
| IT Director | 40.0 | 0.0 | $130,496 | $0 | $46,970 | Yes (X) | ||||
| Maria Mcdonagh | ||||||||||
| Director of Communications | 40.0 | 0.0 | $139,770 | $0 | $37,618 | Yes (X) | ||||
| Matthew Burns | ||||||||||
| Chief of Staff | 40.0 | 0.0 | $153,707 | $0 | $42,154 | Yes (X) | ||||
| Susan Sorenson-Clark | ||||||||||
| Director of Talent and Culture | 40.0 | 0.0 | $142,964 | $0 | $57,910 | Yes (X) | ||||
| Derek Dictson | ||||||||||
| Former President | 40.0 | 0.0 | $172,299 | $0 | $40,658 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,723,617 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $454,538 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 12 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | Address Line2ContractorAddress/USAddress/AddressLine2Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| ANGELES INVESTMENTS | ||||||
| 3737 BUFFALO SPEEDWAY | SUITE 1750 | HOUSTON | TX | 77098 | INVESTMENT SERVICES | $639,195 |
| BLACKBAUD | ||||||
| 65 FAIRCHILD STREET | CHARLESTON | SC | 29492 | SOFTWARE SERVICES | $174,782 | |
| ASPEN LEADERSHIP GROUP | ||||||
| PO BOX 1212 | ASPEN | CO | 81612 | EXECUTIVE SEARCH SERVICES | $161,806 | |
| ADVANCED NETWORK SOLUTIONS | ||||||
| 1527 F STREET | BAKERSFIELD | CA | 93301 | IT SERVICES | $107,454 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $22,809 | FundraisingAmt |
| All Other Contributions | $18,235,517 | AllOtherContributionsAmt |
| Noncash Contributions | $188,941 | NoncashContributionsAmt |
| Total Contributions | $18,258,326 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| NMSU Management Fee | 561000 | $4,649,262 | $4,649,262 |
| Membership Dues | 561000 | $197,414 | $197,414 |
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 | $4,846,676 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,781,056 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $523,367 | UnrelatedBusinessRevenueAmt |
| Exclusion | $8,257,689 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $191,489 | TotalRevenueColumnAmt |
| Exclusion | $191,489 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $815,553 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $394,342 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $421,211 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $421,211 | TotalRevenueColumnAmt |
| Exclusion | $421,211 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $192,744,263 | SecuritiesAmt |
| Other | $701 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $184,513,185 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $8,231,078 | SecuritiesAmt |
| Other | $701 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,231,779 | TotalRevenueColumnAmt |
| Exclusion | $8,231,779 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $304,614 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $22,809 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $24,321 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $280,293 | TotalRevenueColumnAmt |
| Exclusion | $280,293 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| Life Insurance | 525100 | $48,557 | $48,557 |
| Settlement Income | 524298 | $18,643 | $18,643 |
| Other Revenue | 900099 | $16,331 | $16,331 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| 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) |
|---|---|---|
| Other Revenue Total | $83,531 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $41,094,361 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $4,846,676 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $523,367 | UnrelatedBusinessRevenueAmt |
| Exclusion | $17,465,992 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,362,319 | TotalAmt |
| Program Services | $13,362,319 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $899,731 | TotalAmt |
| Program Services | $231,409 | ProgramServicesAmt |
| Management And General | $205,016 | ManagementAndGeneralAmt |
| Fundraising | $463,306 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,655,869 | TotalAmt |
| Program Services | $1,969,073 | ProgramServicesAmt |
| Management And General | $1,744,498 | ManagementAndGeneralAmt |
| Fundraising | $3,942,298 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $74,178 | TotalAmt |
| Program Services | $27,060 | ProgramServicesAmt |
| Management And General | $25,783 | ManagementAndGeneralAmt |
| Fundraising | $21,335 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $95,173 | TotalAmt |
| Program Services | $31,724 | ProgramServicesAmt |
| Management And General | $63,449 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,762 | TotalAmt |
| Management And General | $1,762 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $391,400 | TotalAmt |
| Program Services | $122,926 | ProgramServicesAmt |
| Management And General | $92,844 | ManagementAndGeneralAmt |
| Fundraising | $175,630 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $126,429 | TotalAmt |
| Program Services | $43,863 | ProgramServicesAmt |
| Management And General | $38,598 | ManagementAndGeneralAmt |
| Fundraising | $43,968 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $487,704 | TotalAmt |
| Program Services | $164,956 | ProgramServicesAmt |
| Management And General | $124,754 | ManagementAndGeneralAmt |
| Fundraising | $197,994 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $632,235 | TotalAmt |
| Program Services | $182,961 | ProgramServicesAmt |
| Management And General | $122,691 | ManagementAndGeneralAmt |
| Fundraising | $326,583 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $367,676 | TotalAmt |
| Program Services | $49,479 | ProgramServicesAmt |
| Management And General | $71,527 | ManagementAndGeneralAmt |
| Fundraising | $246,670 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $220,961 | TotalAmt |
| Program Services | $35,000 | ProgramServicesAmt |
| Management And General | $121,605 | ManagementAndGeneralAmt |
| Fundraising | $64,356 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,299 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $29,299 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $83,999 | TotalAmt |
| Program Services | $32,812 | ProgramServicesAmt |
| Management And General | $29,203 | ManagementAndGeneralAmt |
| Fundraising | $21,984 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| UBIT EXPENSES | $2,827,942 | $0 | $2,827,942 | $0 |
| Bad Debt | $1,718,630 | $1,718,630 | ||
| Donor Recognition | $425,560 | $93,356 | $60,756 | $271,448 |
| Candidate Search | $193,960 | $53,479 | $36,713 | $103,768 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $170,788 | TotalAmt |
| Program Services | $32,969 | ProgramServicesAmt |
| Management And General | $71,175 | ManagementAndGeneralAmt |
| Fundraising | $66,644 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,765,615 | TotalAmt |
| Program Services | $16,433,386 | ProgramServicesAmt |
| Management And General | $7,386,245 | ManagementAndGeneralAmt |
| Fundraising | $5,945,984 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,332,294 | BOYAmt |
| EOY | $5,411,655 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,706,652 | BOYAmt |
| EOY | $6,441,789 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,554,552 | BOYAmt |
| EOY | $7,194,029 | 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) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,403,941 | BOYAmt |
| EOY | $10,304,006 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $218,248 | BOYAmt |
| EOY | $284,675 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $4,702,064 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $233,570 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,605,491 | BOYAmt |
| EOY | $4,468,494 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,644,331 | BOYAmt |
| EOY | $62,527,163 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $278,846,638 | BOYAmt |
| EOY | $325,318,230 | 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 | $1,069,922 | BOYAmt |
| EOY | $1,120,148 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $384,382,069 | BOYAmt |
| EOY | $423,070,189 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $418,324 | BOYAmt |
| EOY | $755,436 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $334,425 | BOYAmt |
| EOY | $0 | 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) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $83,259,095 | BOYAmt |
| EOY | $94,301,970 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $84,046,335 | BOYAmt |
| EOY | $95,091,897 | 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 | $96,724,472 | BOYAmt |
| EOY | $101,598,875 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $203,611,262 | BOYAmt |
| EOY | $226,379,417 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $300,335,734 | BOYAmt |
| EOY | $327,978,292 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $384,382,069 | BOYAmt |
| EOY | $423,070,189 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $11,328,746 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $15,550,949 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | $99,577 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $663,286 | 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) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| 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 | $14,647,987 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $93,286,084 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $25,136,627 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $10,230,736 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $18,258,326 | CurrentTaxYearAmt |
| Total | $161,559,760 | 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 | $198,949 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $142,689 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $356,770 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $332,165 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $338,316 | CurrentTaxYearAmt |
| Total | $1,368,889 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $14,846,936 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $93,428,773 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $25,493,397 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $10,562,901 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $18,596,642 | CurrentTaxYearAmt |
| Total | $162,928,649 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $413,473 | SubstantialContributorsTotAmt |
| Public Support Total170 | $162,515,176 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,552,908 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,964,897 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $8,179,100 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | -$4,044,187 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,264,731 | CurrentTaxYearAmt |
| Total | $25,917,449 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,797,077 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $480,068 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,394,907 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $499,493 | CurrentTaxYearAmt |
| Total | $14,171,545 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $502,296 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $456,081 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,282,186 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,085,294 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $388,145 | CurrentTaxYearAmt |
| Total | $5,714,002 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $208,731,645 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $12,166,525 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.7786 | PublicSupportCY170Pct |
| Public Support PY170 | 0.7220 | 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 - 502296.0, COLUMN B - 456081.0, COLUMN C - 3282186.0, COLUMN D - 1085294.0, COLUMN E - 388145.0, COLUMN F - 5714002.0; | 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 | $232,400 | 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 | $262,901,912 | BeginningYearBalanceAmt |
| Contributions | -$1,426,966 | ContributionsAmt |
| Investment Earnings Or Losses | $31,895,618 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $8,290,146 | OtherExpendituresAmt |
| Administrative Expenses | $4,117,599 | AdministrativeExpensesAmt |
| End Year Balance | $280,962,819 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| 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 Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| 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 Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| 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 Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.3098 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.6902 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.0 | 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 | $4,250,000 | InvestmentCostOrOtherBasisAmt |
| Book Value | $4,250,000 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $374,701 | OtherCostOrOtherBasisAmt |
| Depreciation | $192,225 | DepreciationAmt |
| Book Value | $182,476 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $77,363 | OtherCostOrOtherBasisAmt |
| Depreciation | $41,345 | DepreciationAmt |
| Book Value | $36,018 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $4,468,494 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Other Investments Measured at NAV | $236,738,867 | F |
| ASSETS HELD IN TRUST - NMSU | $88,579,363 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $325,318,230 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| ASSETS HELD IN TRUST - NMSU | $90,746,556 |
| DUE TO NMSU | $1,681,967 |
| GIFT ANNUITIES PAYABLE | $1,873,447 |
| OTHER LIABILITIES |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $94,301,970 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (4 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 1,760 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 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 | $32,728,824 | 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 | $32,728,824 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $32,728,824 | 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 | false | 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 | HRTM Chef Artist Dinner | Event1Nm |
| Gross Receipts Event1 | $7,600 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $3,800 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $3,800 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $0 | OtherDirectExpensesEvent1Amt |
| Event2 | Tip Off Dinner 2023 | Event2Nm |
| Gross Receipts Event2 | $8,200 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $5,330 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $2,870 | GrossRevenueEvent2Amt |
| Other Direct Expenses Event2 | $0 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 47 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $311,623 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $13,679 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $297,944 | GrossRevenueOtherEventsAmt |
| Oth Direct Expnss Other Events | $24,321 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $327,423 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $22,809 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $304,614 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $24,321 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $24,321 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $280,293 | 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 | $13,362,319 | 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 (9 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 | ||||||||||||||
| Former President | $121,543 | $0 | $50,756 | $0 | $0 | $0 | $26,930 | $0 | $13,728 | $0 | $212,957 | $0 | $0 | $0 |
| David Strong | ||||||||||||||
| Chief Financial Officer (until 6/14/2024 | $343,955 | $0 | $0 | $0 | $0 | $0 | $54,393 | $0 | $38,297 | $0 | $436,645 | $0 | $0 | $0 |
| Virginia Schlemeyer | ||||||||||||||
| VP for External Relations (until 9/15/2023) | $173,147 | $0 | $31,767 | $0 | $0 | $0 | $24,576 | $0 | $88 | $0 | $229,578 | $0 | $0 | $0 |
| Stacey MacDonnell | ||||||||||||||
| AVP Advancement Services | $173,848 | $0 | $0 | $0 | $0 | $0 | $23,587 | $0 | $14,958 | $0 | $212,393 | $0 | $0 | $0 |
| James Covington | ||||||||||||||
| Executive Director - Estates and Planned Giving | $170,837 | $0 | $0 | $0 | $0 | $0 | $28,442 | $0 | $21,427 | $0 | $220,706 | $0 | $0 | $0 |
| Susan Sorenson-Clark | ||||||||||||||
| Director of Talent and Culture | $142,964 | $0 | $0 | $0 | $0 | $0 | $24,182 | $0 | $33,728 | $0 | $200,874 | $0 | $0 | $0 |
| Matthew Burns | ||||||||||||||
| Chief of Staff | $146,047 | $0 | $7,660 | $0 | $0 | $0 | $23,444 | $0 | $18,710 | $0 | $195,861 | $0 | $0 | $0 |
| John Gresham | ||||||||||||||
| IT Director | $127,381 | $0 | $3,115 | $0 | $0 | $0 | $22,187 | $0 | $24,783 | $0 | $177,466 | $0 | $0 | $0 |
| Maria Mcdonagh | ||||||||||||||
| Director of Communications | $139,770 | $0 | $0 | $0 | $0 | $0 | $23,072 | $0 | $14,546 | $0 | $177,388 | $0 | $0 | $0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 13 | ContributionCnt |
| Noncash Contributions Rpt F990 | $188,941 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | 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 | Securities - Publicly traded - THE FOUNDATION IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Line 2 Family/business relationships amongst interested persons | BOB DINTELMAN & SUE DINTELMAN - Family relationship, JIM RHODES & KYLE RHODES - Family relationship, KYLE LOUVAR & NICOLE LOUVAR - Family relationship |
| Form 990, Part VI, Line 4 Significant changes to organizational documents | During the year, the organization made the following significant changes to the Bylaws: Previously if a director was elected to serve as a Vice Chair with less than 3 years remaining on his or her term, then the director's term was automatically extended to provide a full 3 years to serve as Vice Chair, Chair, Past Chair, but now that extension requires a 2/3 vote. All of the references to President or President of the Foundation in the bylaws have now been changed to be Chief Executive Officer. This includes the elimination of the President officer position and replacing it with Chief Executive Officer. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | A DRAFT OF THE FORM 990 IS reviewed by the organization's controller, the audit committee, and the board. 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. If a conflict is deemed to exist, such person shall not vote on, nor use his or her personal influence on, nor participate in (other than to present factual information or to respond to questions) the discussions or deliberations with respect to such contract or transactions. Such person may be counted in determining whether a quorum is present. |
| Form 990, Part VI, Line 15a Process to establish compensation of top management official | 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. Compensation for the top management official is reviewed within the executive committee of the board. The committee keeps minutes on all the discussions and decisions that were made. |
| Form 990, Part VI, Line 15b Process to establish compensation of other employees | Annually, the executive committee reviews the compensation for executive-level employees to ensure compliance with applicable laws and regulations. The decisions are made by use benchmarking salaries with similar institutions and maintaining compensation at 75% of the national average. The executive committee keeps minutes regarding their discussion and decisions. Annually the board approves the annual budget which contains the compensation levels reviewed by the executive committee. |
| Form 990, Part VI, Line 19 Required documents available to the public | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS INCLUDING ITS ARTICLES OF INCORPORATION, ANNUAL REPORT, BYLAWS, ITS CODE OF CONDUCT POLICY, AND THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. The public can contact the Foundation's controller to request the above publicly available documents. The Form 990 is also made available on the Foundation's website. |
| Form 990, Part XI, Line 9 Other changes in net assets or fund balances | Change in Split Interest Agreement-Endowment - -236779; PV DISCOUNT - NOTES - 900065; |
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 Foundation LLC | ||||||||
| 1305 N HORSESHOE DR | LAS CRUCES | NM | 88003 | REAL ESTATE | NM | $517,553 | $4,250,000 | NMSUF |
| OUR WAY HOLDINGS 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 | $1,010,448 | $10,304,006 | NMSUF |