2020-10-22T12:25:42-05:00 2019-12-31 910189318 MOSS ADAMS LLP 6565 AMERICAS PARKWAY NE STE 600 ALBUQUERQUE NM 87110 990 2019-01-01 471284916 NUSENDA FOUNDATION NUSE 5058892528 PO BOX 8530 ALBUQUERQUE NM 87198 SARA KELLER VICE CHAIR 5058892528 2020-10-16 1 PAMELA ALEXANDERSON P01218925 5058787200 2020-10-16 216.158.248.207 2020-10-16 14:27:24 MD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 B55F3079AAF5033C2820F37AAB7B0C57BE7E3096 2019 2021-01-29 14:40:06Z SARA KELLER PO BOX 8530 ALBUQUERQUE NM 87198 2460066 0 X WWW.NUSENDAFOUNDATION.ORG X 2013 NM TO INCREASE THE IMPACT THAT NUSENDA FEDERAL CREDIT UNION HAS MADE IN THE COMMUNITY. 5 5 0 5 0 0 1031722 1804220 0 0 42079 66330 0 0 1073801 1870550 565900 877629 0 0 0 0 0 0 0 486909 525481 1052809 1403110 20992 467440 2805240 3771028 171616 546463 2633624 3224565 X THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE PURPOSES DEFINED FOR QUALIFYING EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THESE CHARITABLE AND EDUCATIONAL ACTIVITIES SUPPORT OR CREATE PROGRAMS AIMED AT PROMOTING AND ENHANCING EFFECTIVE PHILANTROPIC PARTNERSHIPS FOCUSED ON FINANCIAL LITERACY, CAPABILITY AND IMPROVEMENT, ASSET BUILDING INITIATIVES, AND THE CREATION AND IMPLEMENTATION OF PRODUCTS AND SERVICES TO SUPPORT LOWER INCOME AND IMPOVERISHED INDIVIDUALS AND COMMUNITIES; AND TO DEVELOP CIVIC, CULTURAL, HEALTH, EDUCATION, ECONOMIC DEVELOPMENT AND DIVERSIFICATION INITIATIVES TO ENHANCE THE GENERAL WELL-BEING OF RESIDENTS IN NEW MEXICO. 0 0 177184 298 THE FOUNDATION RECEIVES FUNDS FROM THE W.K. KELLOGG FOUNDATION TO SUPPORT THE GROWTH OF CO-OP CAPITAL. CO-OP CAPITAL IS AN INNOVATIVE, COMMUNITY-BASED MICROLOAN PROGRAM THAT DEMOCRATIZES ACCESS TO CAPITAL FOR LOW-INCOME, WOMEN, COMMUNITIES OF COLOR, AND OTHER UNDERSERVED BORROWERS BY ENLISTING TRUSTED COMMUNITY PARTNERS TO APPROVE LOANS. NUSENDA AND PARTNERS SUPPORT BORROWERS WITH FINANCIAL EDUCATION AND, AS NEEDED, BUSINESS DEVELOPMENT OPPORTUNITIES. THROUGH THESE STRATEGIC PARTNERSHIPS, CO-OP CAPITAL ALIGNS WITH NUSENDA'S MISSION TO REALIZE THE FULL POTENTIAL OF THE COMMUNITIES WE SERVE BY COLLABORATING ON INNOVATIVE SOLUTIONS TO IMPROVE EDUCATION, HEALTH, SOCIAL, AND ECONOMIC CONDITIONS. 610511 610511 THE FOUNDATION RECEIVES FUNDS GENERATED BY THE NUSENDA CREDIT UNION COMMUNITY REWARDS PROGRAM (COMMUNITY REWARDS), WHICH IS A CONTRIBUTION DRIVEN BY MEMBER DEBIT CARD TRANSACTIONS. MEMBERS HAVE THE OPPORTUNITY TO DIRECT THE CONTRIBUTIONS TOWARDS INVESTMENTS IN FIVE FOCUS AREAS WITH SPECIFIC COMMUNITIES: EDUCATION, HEALTHCARE, THE ARTS, WILDLIFE & ENVIRONMENT, AND COMMUNITY SERVICES & SUPPORT. THESE FUNDS ARE AWARDED TO ELIGIBLE CHARITABLE ENTITIES THROUGH THE FOUNDATION. 309324 THE FOUNDATION IS A CROSS SECTOR PARTNER IN A MULTIYEAR INITIATIVE WITH LIVING CITIES, INC. TO IMPROVE THE WELL-BEING OF ALBUQUERQUE'S LOW-INCOME COMMUNITIES THROUGH THE ALBUQUERQUE INTEGRATION INITIATIVE, A COLLECTIVE IMPACT PROJECT THAT USES ENTREPRENEURSHIP AND INNOVATION AS A MECHANISM FOR JOB CREATION AND ECONOMIC MOBILITY. THE INTEGRATION INITIATIVE BRINGS TOGETHER AS MANY LOCAL STAKEHOLDER ORGANIZATIONS AS POSSIBLE TO DRIVE BROAD CHANGE THROUGHOUT THE CITY OF ALBUQUERQUE. NUSENDA FOUNDATION MAINTAINS THE FUNDS FOR THE INTEGRATION INITIATIVE AS WELL AS SEVERAL OF ITS SMALLER PARTNER PROGRAMS. EXECUTIVE DIRECTOR, ROBIN BRULE, IS THE INTEGRATION INITIATIVE'S CHIEF STRATEGIST IN PARTNERSHIP WITH THE CITY OF ALBUQUERQUE. 266820 266820 THE FOUNDATION RECEIVES FUNDS FROM SEVERAL PHILANTHROPIC ORGANIZATIONS TO SUPPORT A VARIETY OF EDUCATIONAL AND INNOVATIVE PROGRAMS. THESE PROGRAMS FOCUS ON FINANCIAL EDUCATION, COMMUNITY-BASED MICRO LENDING, ASSET BUILDING, ECONOMIC INCLUSION AND WORKFORCE DEVELOPMENT. THROUGH STRATEGIC PARTNERSHIPS AND INNOVATIVE PROGRAMMING, THESE FUNDS SUPPORT NUSENDA'S MISSION TO REALIZE THE FULL POTENTIAL OF THE COMMUNITIES WE SERVE BY COLLABORATING ON INNOVATIVE SOLUTIONS TO IMPROVE EDUCATION, HEALTH, SOCIAL, AND ECONOMIC CONDITIONS. 266820 266820 1363839 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 15 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 0 0 0 NM X X DEBBIE HUMBLES 5058895164 4100 PAN AMERICAN FWY NE BLDG B ALBUQUERQUE NM 87107 ROBIN BRULE CHAIR/EXECUTIVE DIRECTOR 1.00 40.00 X X 0 240647 31975 CINDY DEES SECRETARY 1.00 40.00 X X 0 101158 7237 TIFFANY GRAVELLE FICKLIN TREASURER (THROUGH 6/28/19) 1.00 40.00 X X 0 78014 7469 JULIE FISHER DIRECTOR 1.00 40.00 X 0 144769 18286 DARRELL GARCIA DIRECTOR (THROUGH 10/15/19) 1.00 40.00 X 0 78664 8101 CHRISELLE MARTINEZ DIRECTOR 1.00 40.00 X 0 73465 0 JONATHAN SCHAUMBERG DIRECTOR (THROUGH 4/4/19) 1.00 40.00 X 0 63177 12955 JUNE MANNING DIRECTOR 1.00 40.00 X 0 62097 8535 0 841991 94558 0 0 1 0 0 1288976 515244 1804220 54907 54907 600939 589516 11423 11423 11423 1870550 0 0 66330 X 877629 877629 7312 6766 546 492487 455679 36808 1660 1539 121 22596 20906 1690 125 116 9 ESCHEATED FUNDS EXPENSE 801 741 60 COMMUNITY RELATIONS/EDU 500 463 37 1403110 1363839 39271 0 793889 1381343 41289 52799 172082 1970062 2164804 2805240 3771028 124191 28472 424500 50000 47425 43491 171616 546463 X -86580 100086 2720204 3124479 2633624 3224565 2805240 3771028 X 467440 202916 -79415 X 0 1 X 1 0 X 882372 1268498 2611076 1031722 1804220 7597888 882372 1268498 2611076 1031722 1804220 7597888 654474 6943414 1191 2102 28287 48758 54907 135245 7733133 26100 0.89790 0.89190 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 FUNDS HELD FOR ON BEHALF OF OTHERS 43491 43491 X 2066154 202916 202916 1863238 7312 7312 1870550 1475213 79415 79415 1395798 7312 7312 1403110 PART X, LINE 2: PURSUANT TO A LETTER OF DETERMINATION FROM THE INTERNAL REVENUE SERVICE, THE FOUNDATION IS A NOT-FOR-PROFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION IS SUBJECT TO THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES THAT ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE FOUNDATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN POSITION ONLY IF IT IS MORE-LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. MANAGEMENT EVALUATED THE TAX POSITIONS FOR THE FOUNDATION AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN INCOME TAX POSITIONS THAT REQUIRE ADJUSTMENTS TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. PART XII, LINE 2D - OTHER ADJUSTMENTS: FISCAL SPONSORSHIP GRANT EXPENSE- PASSTHROUGH 79,415. 1 FUTURE FOCUSED EDUCATION 200 BROADWAY BLVD NE ALBUQUERQUE NM 87102 473717716 501(C)(3) 15000 GENERAL OPERATING SUPPORT SANTA FE COMMUNITY FOUNDATION PO BOX 1827 SANTA FE NM 87504 850303044 501(C)(3) 30000 GENERAL OPERATING SUPPORT THE GRANTS COLLECTIVE PO BOX 7157 ALBUQUERQUE NM 87198 474775253 501(C)(3) 35000 GRANT - NONPROFIT NETWORK AND ECONOMIC DEVELOPMENT UNM FOUNDATION 700 LOMAS BLVD NE NO 108 ALBUQUERQUE NM 87102 850275408 501(C)(3) 222800 GENERAL OPERATING SUPPORT ALBUQUERQUE COMMUNITY FOUNDATION PO BOX 25266 ALBUQUERQUE NM 871255266 850295444 501(C)(3) 35000 GENERAL OPERATING SUPPORT PARTNERSHIP FOR COMMUNITY ACTION 722 ISLETA BLVD SW ALBUQUERQUE NM 87102 311815692 501(C)(3) 10000 GENERAL OPERATING SUPPORT HEADING HOME 715 CANDELARIA NE ALBUQUERQUE NM 87107 201917517 501(C)(3) 7000 GENERAL OPERATING SUPPORT RIO RANCHO PUBLIC SCHOOLS 500 LASER ROAD NE ALBUQUERQUE NM 87124 850414272 115 13000 GENERAL OPERATING SUPPORT SANTA FE PUBLIC SCHOOL DISTRICT COMMUNITY ENGAGEMENT DEPARTMENT 610 ALTA VISTA SANTA FE NM 87505 856000169 115 7000 GENERAL OPERTING SUPPORT ST VINCENT HOSPITAL FOUNDATION 455 ST MICHAELS DR SANTA FE NM 87505 850282847 501(C)(3) 10000 GENERAL OPERATING SUPPORT 10 0 PART I, LINE 2: NUSENDA FOUNDATION REQUIRES THAT ORGANIZATIONS REQUESTING SUPPORT SUBMIT AN APPLICATION. AT THE TIME OF SUBMISSION, THEY ARE REQUIRED TO SIGN A PATRIOT ACT COMPLIANCE FORM. ORGANIZATIONS SUBMIT A PROGRAM RECIPIENT QUESTIONNAIRE AT THE END OF THE GRANT PERIOD REAFFIRMING THAT GRANTS WERE USED AS ORIGINALLY INTENDED IN THE APPLICATION FOR SUPPORT. 0 0 0 0 0 0 0 0 0 ROBIN BRULE CHAIR/EXECUTIVE DIRECTOR 0 211383 0 29264 0 0 0 28755 0 3220 0 272622 0 0 JULIE FISHER DIRECTOR 0 116654 0 28115 0 0 0 17506 0 780 0 163055 0 0 FORM 990, SCHEDULE J, PART II COMPENSATION FOR THE EXECUTIVE DIRECTOR AND OTHER OFFICERS IS PAID BY THE RELATED ORGANIZATION FOR THEIR POSITIONS AT THE CREDIT UNION, NOT THE REPORTING ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B AFTER THE FORM 990 IS PREPARED, THERE IS AN INTERNAL REVIEW BY THE ORGANIZATION, AND ONCE FINALIZED, THE FORM 990 IS MADE AVAILABLE TO THE ENTIRE BOARD FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C IN THE COURSE OF BOARD OR COMMITTEE MEETINGS OR ACTIVITIES, EACH MEMBER IS RESPONSIBLE FOR DISCLOSING ANY POSSIBLE CONFLICT OF INTEREST REGARDING A DECISION OR ACTIVITY IN QUESTION. UPON DISCLOSURE OF POSSIBLE CONFLICTS OF INTEREST, ANY INTERESTED PARTIES SHALL REMOVE THEMSELVES FROM BOTH THE DISCUSSION AND ANY RELATED VOTE. THE BOARD OR COMMITTEE MEETING MINUTES SHALL RECORD THE DISCLOSED CONFLICT OF INTEREST AND REMOVAL OF THE INTERESTED PARTIES FROM THE DECISION-MAKING PROCESS. THE CONFLICT OF INTEREST POLICY IS REVIEWED BY DIRECTORS ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST STATEMENT ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 455,679. MANAGEMENT AND GENERAL EXPENSES 36,808. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 492,487. FORM 990, PART XI, LINE 9: FISCAL SPONSORSHIP GRANT NET REVENUE/EXPENSE -79,415. NUSENDA FEDERAL CREDIT UNION 4100 PAN AMERICAN FREEWAY NE ALBUQUERQUE NM 87101 850105773 FINANCIAL INSTITUTION NM 501(C)(1) NO N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0