2021-05-12T09:50:06-05:00 2020-06-30 850232815 HINKLE LANDERS PC 2500 9TH ST NW ALBUQUERQUE NM 871021055 990 2019-07-01 200100129 NEW MEXICO ECONOMIC DEVELOPMENT CORP NEWM 5052478500 1720 LOUISIANA BLVD NE SUITE 312 ALBUQUERQUE NM 87110 MELINDA ALLEN PRESIDENT 5052478500 2021-05-10 true JEREMY T RICHTER P02149367 5058838788 2021-05-12 2019 2022-09-23 18:48:47Z X MELINDA ALLEN 1720 LOUSIANA BLVD NE SUITE 312 ALBUQUERQUE NM 87110 1530366 false X NMPARTNERSHIP.COM X 2003 NM PROMOTE AND BETTER THE COMMON ECONOMIC INTEREST OF THE STATE OF NEW MEXICO AND ITS CITIZENS THROUGH ECONOMIC DEVELOPMENT MARKETING AND BUSINESS DEVELOPMENT PROGRAMS. 15 15 8 0 1130000 1530000 0 224 366 0 1130224 1530366 0 0 588841 705771 0 0 522246 635388 1111087 1341159 19137 189207 762562 1018437 33060 99728 729502 918709 ORGANIZATION'S PRIMARY MISSION IS TO RECRUIT NEW BUSINESSES TO NEW MEXICO. false false PROMOTE AND BETTER THE COMMON ECONOMIC INTEREST OF THE STATE OF NEW MEXICO AND ITS CITIZENS. PROVIDES SERVICES TO RECRUIT BUSINESS TO NEW MEXICO THAT INCLUDE: SITE SELECTION ASSISTANCE, LABOR MARKET ANALYSIS, JOB TRAINING ASSISTANCE, CUSTOM RESEARCH, BUILDING INFORMATION, ACCESS TO REGULATORY AUTHORITIES, EMPLOYEE RECRUITMENT ASSISTANCE AND COORDINATION OF STATE AND LOCAL ECONOMIC PROFESSIONALS. false true false false false false false false false true false false true true true false false false false false false false false false false false false false true false false false false false false false false false false false false false false true 0 0 8 true false false false false false false false false X 15 15 false false false false false false false true true false false true true false true false false true false false X X DOREEN AVILA 5052478500 1720 LOUSIANA BLVD NE 312 ALBUQUERQUE NM 87110 PAT VINCENT-COLLAWN BOARD CHAIR 2.00 X X 0 0 0 THOMAS HUTCHINSON VICE CHAIR 1.00 X X 0 0 0 DEBBIE JOHNSON SECRETARY 1.00 X X 0 0 0 DAVID HALE TREASURER 1.00 X X 0 0 0 ALICIA KEYS BOARD MEMBER 0.50 X 0 0 0 SENATOR CLEMENTE SANCHEZ BOARD MEMBER 0.50 X 0 0 0 JOE DIGREGORIO BOARD MEMBER 0.50 X 0 0 0 DAWN BOULWARE BOARD MEMBER 0.50 X 0 0 0 JULIA WISE BOARD MEMBER 0.50 X 0 0 0 PAT VANDERPOOL BOARD MEMBER 0.50 X 0 0 0 BOARD MEMBER REGION 5-DIR 0.50 X 0 0 0 CASSIE ARIAS BOARD MEMBER 0.50 X 0 0 0 MISSI CURRIER BOARD MEMBER 0.50 X 0 0 0 JOHN HEATON BOARD MEMBER 0.50 X 0 0 0 DAVIN LOPEZ BOARD MEMBER 0.50 X 0 0 0 MELINDA ALLEN PRESIDENT 40.00 X 101795 0 8413 TIM NITTI PRESIDENT (F 40.00 X 181166 0 25397 282961 33810 2 false true false 1475000 55000 1530000 366 366 1530366 366 316771 300930 11444 34945 41681 125277 10843 25114 44672 2025 8543 TRADESHOWS & PROMOTIONAL 379581 TELEPHONE 26175 DUES & SUBSCRIPTIONS 7237 PAYROLL FEES 3788 2133 1341159 0 0 0 650884 808802 93740 122592 5807 4300 50918 39696 12131 11222 71521 762562 1018437 33060 28207 71521 33060 99728 X 729502 918709 729502 918709 762562 1018437 189207 X X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 50918 39696 11222 11222 CASH HELD FOR OTHERS 71521 71521 DUE TO OTHERS 71521 71521 X 1545618 15252 15252 1530366 1530366 1356411 15252 15252 1341159 1341159 SCHEDULE D, PAGE 3, PART X NMDEC IS A NOT-FOR-PROFIT CORPORATION AND HAS BEEN RECOGNIZED AS TAX-EXEMPT PURSUANT TO SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. MANAGEMENT BELIEVES THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION, MEASUREMENT, OR DISCLOSURE. DUE TO THE STATUTES OF LIMITATIONS, NMEDC IS ONLY SUBJECT TO EXAMINATION BY TAX AUTHORITIES FOR YEARS ENDED JUNE 30, 2017 AND THEREAFTER. false false false TIM NITTI PRESIDENT (FORMER) 181166 25397 206563 FORM 990, PAGE 6, PART VI, LINE 11B THE 990 IS PROVIDED TO THE BOARD BEFORE FILING OF THE RETURN. FORM 990, PAGE 6, PART VI, LINE 12C BEFORE BUSINESS DECISIONS ARE MADE, THE BOARD OF DIRECTORS DETERMINES WHETHER OR NOT THERE IS A CONFLICT OF INTEREST. FORM 990, PAGE 6, PART VI, LINE 15A THE PRESIDENT AND CEO SALARIES ARE DETERMINED BY THE BOARD OF DIRECTORS. ALL OTHER EMPLOYEE SALARIES ARE DETERMINED BY THE PRESIDENT AND CEO. FORM 990, PAGE 6, PART VI, LINE 19 ALL PUBLIC DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PAGE 12, PART XII, LINE 2C THE FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE ORGANIZATION'S FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.