NEW MEXICO COMMUNITY CAPITAL: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- NEW MEXICO COMMUNITY CAPITAL (EIN 20-1798654)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-10-07
- IRS object ID
- 201302809349300325
- Schema version
- 2012v2.1
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-10-07T11:29:51-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 410746749 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 MARQUETTE NW SUITE 800 | AddressLine1 |
| City | ALBUQUERQUE | City |
| State | NM | State |
| ZIP Code | 87102 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201798654 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW MEXICO COMMUNITY CAPITAL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | NEWM | NameControl |
| Phone | 5059242820 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 UNIVERSITY BLVD SE NO 102 | AddressLine1 |
| City | ALBUQUERQUE | City |
| State | NM | State |
| ZIP Code | 87106 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | THAD E PORCH CPA | Name |
| Title | CFO | Title |
| Phone | 5059242820 | Phone |
| Date Signed | 2013-09-25 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | STEPHEN E LIVINGSTON CPA | Name |
| PTIN | P00317845 | PTIN |
| Phone | 5058428290 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | LESLIE ELGOOD | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 UNIVERSITY BLVD SE NO 102 | AddressLine1 |
| City | ALBUQUERQUE | City |
| State | NM | State |
| ZIP Code | 87106 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 948584 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.NMCCAP.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2004 | YearFormation |
| State Legal Domicile | NM | StateLegalDomicile |
| Activity Or Mission Description | 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. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 9 | NbrIndependentVotingMembers |
| Total Nbr Employees | 6 | TotalNbrEmployees |
| Total Nbr Volunteers | 9 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 421748 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 564969 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 388707 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 373052 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 8891 | InvestmentIncomePriorYear |
| Investment Income Current Year | 10563 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 819346 | TotalRevenuePriorYear |
| Total Revenue Current Year | 948584 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 708534 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 652375 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 73000 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 235817 | OtherExpensePriorYear |
| Other Expenses Current Year | 333224 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 944351 | TotalExpensesPriorYear |
| Total Expenses Current Year | 985599 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -125005 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -37015 | RevenuesLessExpensesCY |
| Total Assets BOY | 1373033 | TotalAssetsBOY |
| Total Assets EOY | 1359307 | TotalAssetsEOY |
| Total Liabilities BOY | 48121 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 147978 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 1324912 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 1211329 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | 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. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 819166 | Expense |
| Revenue | 373052 | Revenue |
| Description | PROVIDE EQUITY CAPITAL AND MANAGEMENT RESOURCES TO QUALIFYING BUSINESS THROUGHOUT NEW MEXICO, PARTICULARLY IN UNDER-INVESTED AREAS. | Description |
| Total Program Service Expense | 819166 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 1 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 6 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 9 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 9 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NM | StatesWhereCopyOfReturnIsFiled |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | THAD E PORCH CPA | NamePerson |
| Telephone Number | 5059342452 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6200 UPTOWN RD SUITE 400 | AddressLine1 |
| City | ALBUQUERQUE | City |
| State | NM | State |
| ZIP Code | 87110 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (13 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| PENELOPE DOUGLAS | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| T GREG MERRION | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| RICHARD HARDING | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| OWEN LOPEZ | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| JAY CALHOUN | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| BEVERLEE MCCLURE | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| M GAYLE WATSON | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| RICHARD SCHEIDER | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| LESLIE ELGOOD | |||||||
| CEO | 40.00 | 124957 | 0 | 4547 | X | ||
| THAD PORCH | |||||||
| CFO | 5.00 | 33384 | 0 | 0 | X | ||
| J MICHAEL SCHAFER | |||||||
| FUND MANAGING DIRECTOR | 40.00 | 148004 | 0 | 7961 | X | ||
| MIKE EMERSON | |||||||
| VICE PRESIDENT | 40.00 | 101801 | 0 | 5482 | X | ||
| SHYLA SHEPPARD | |||||||
| FUND ASSOCIATE DIRECTOR | 40.00 | 100986 | 0 | 2310 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 509132 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 20300 | TotalOtherCompensation |
| Number Individuals GT100 K | 4 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Government Grants | 359181 | GovernmentGrants |
| All Other Contributions | 205788 | AllOtherContributions |
| Total Contributions | 564969 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| MANAGEMENT FEES | 523920 | 296278 | 296278 |
| BUSINESS SERVICES | 523920 | 76774 | 76774 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 373052 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 10563 | TotalRevenueColumn |
| Exclusion | $10,563 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 948584 | TotalRevenueColumn |
| Related Or Exempt Function Income | 373052 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $10,563 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 426137 | Total |
| Program Services | 368846 | ProgramServices |
| Management And General | 14853 | ManagementAndGeneral |
| Fundraising | 42438 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 145503 | Total |
| Program Services | 122930 | ProgramServices |
| Management And General | 11 | ManagementAndGeneral |
| Fundraising | 22562 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 32132 | Total |
| Program Services | 19991 | ProgramServices |
| Management And General | 12141 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 48603 | Total |
| Program Services | 40448 | ProgramServices |
| Management And General | 155 | ManagementAndGeneral |
| Fundraising | 8000 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5047 | Total |
| Program Services | 2456 | ProgramServices |
| Management And General | 2591 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 65484 | Total |
| Program Services | 45839 | ProgramServices |
| Management And General | 19645 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 71131 | Total |
| Program Services | 65121 | ProgramServices |
| Management And General | 6010 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21097 | Total |
| Program Services | 13798 | ProgramServices |
| Management And General | 7299 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3243 | Total |
| Program Services | 2536 | ProgramServices |
| Management And General | 707 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 45653 | Total |
| Program Services | 32227 | ProgramServices |
| Management And General | 13426 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 41275 | Total |
| Program Services | 40765 | ProgramServices |
| Management And General | 510 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30147 | Total |
| Program Services | 16141 | ProgramServices |
| Management And General | 14006 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5853 | Total |
| Program Services | 4097 | ProgramServices |
| Management And General | 1756 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1076 | Total |
| Program Services | 753 | ProgramServices |
| Management And General | 323 | ManagementAndGeneral |
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| BAD DEBTS | 83218 | 83218 |
| GP EXPENSE REIMB | -40000 | -40000 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 985599 | Total |
| Program Services | 819166 | ProgramServices |
| Management And General | 93433 | ManagementAndGeneral |
| Fundraising | 73000 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22217 | BOY |
| EOY | 12299 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1002482 | BOY |
| EOY | 876315 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 191907 | BOY |
| EOY | 233700 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 78538 | BOY |
| EOY | 157059 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 271 | BOY |
| EOY | 269 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 56932 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 49393 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13392 | BOY |
| EOY | 7539 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 52470 | BOY |
| EOY | 68939 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11756 | BOY |
| EOY | 3187 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1373033 | BOY |
| EOY | 1359307 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48121 | BOY |
| EOY | 130378 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 17600 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48121 | BOY |
| EOY | 147978 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 685882 | BOY |
| EOY | 714193 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 639030 | BOY |
| EOY | 497136 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1324912 | BOY |
| EOY | 1211329 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1373033 | BOY |
| EOY | 1359307 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -37015 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | -6918 | ReconciliationUnrealizedInvest |
| Reconcilation Prior Adjustment | -69650 | ReconcilationPriorAdjustment |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 944771 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1233632 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 941980 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 421748 | CurrentTaxYearMinus1Year |
| Current Tax Year | 564969 | CurrentTaxYear |
| Total | 4107100 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 439500 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 366250 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 351600 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 388707 | CurrentTaxYearMinus1Year |
| Current Tax Year | 373052 | CurrentTaxYear |
| Total | 1919109 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1384271 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1599882 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1293580 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 810455 | CurrentTaxYearMinus1Year |
| Current Tax Year | 938021 | CurrentTaxYear |
| Total | 6026209 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 425599 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 320173 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 338578 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 328757 | CurrentTaxYearMinus1Year |
| Current Tax Year | 286792 | CurrentTaxYear |
| Total | 1699899 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 425599 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 320173 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 338578 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 328757 | CurrentTaxYearMinus1Year |
| Current Tax Year | 286792 | CurrentTaxYear |
| Total | 1699899 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 4326310 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 5827 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 7832 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 8584 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 8891 | CurrentTaxYearMinus1Year |
| Current Tax Year | 10563 | CurrentTaxYear |
| Total | 41697 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 5827 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 7832 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 8584 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 8891 | CurrentTaxYearMinus1Year |
| Current Tax Year | 10563 | CurrentTaxYear |
| Total | 41697 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1390098 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1607714 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1302164 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 819346 | CurrentTaxYearMinus1Year |
| Current Tax Year | 948584 | CurrentTaxYear |
| Total | 6067906 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.71300 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.65420 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.00690 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.00630 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 54693 | OtherCostOrOtherBasis |
| Depreciation | 47154 | Depreciation |
| Book Value | 7539 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2239 | OtherCostOrOtherBasis |
| Depreciation | 2239 | Depreciation |
| Book Value | 0 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 7539 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INVESTMENTS IN PORTFOLIO COMPANIES | Description |
| Book Value | 68939 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 68939 | TotalOfBookValueSecurities |
| Footnote In Part XIII | X | FootnoteInPartXIII |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | Identifier |
| Return Reference | PART X, LINE 2: | ReturnReference |
| Explanation | THE NMCC, AS A NONPROFIT, DOES NOT PAY INCOME TAXES AND DOES NOT HAVE ANY UNRELATED BUSINESS INCOME. INCOME OF THE PARTNERSHIP IS TAXABLE TO ITS PARTNERS. ACCORDINGLY, THE PARTNERSHIP HAS NO INCOME TAX LIABILITY, AND NO INCOME TAXES HAVE BEEN REPORTED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE PARTNERSHIP HAS ADOPTED ASC 740-10 RELATING TO CERTAIN 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, PENALITIES, AND DISCLOSURES REQUIRED. THE PARTNERSHIP DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | J MICHAEL SCHAFER | NamePerson |
| Title | FUND MANAGING DIRECTOR | Title |
| Base Compensation Filing Org | 140004 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 8000 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 0 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 7961 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 155965 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | AFTER THE RETURN IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM, THE CEO AND CFO REVIEW 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 CEO 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 CEO REVIEWS AND DETERMINES 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. ALL DELIBERATIONS AND DECISIONS ARE DOCUMENTED. | |
| 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 XII, LINE 2C | THIS PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR. | |
| FORM 990, PART XI, LINE 8 | IN 2008, NEW MEXICO COMMUNITY CAPITAL FUND I, LP, SUBSIDIARY OF NEW MEXICO COMMUNITY CAPITAL (NMCC), INCREASED THE VALUATION OF ONE OF ITS INVESTMENTS IN A MANNER THAT WAS INCONSISTENT WITH THEIR POLICIES. THE 2011 FINANCIAL STATEMENTS HAVE BEEN RESTATED TO ADJUST FOR THIS ERROR. THE EFFECT OF THIS RESTATEMENT WAS TO DECREASE NET ASSETS BY $124,997. THE FOLLOWING TABLE SUMMARIZES THE EFFECT ON NET ASSETS FOR THIS CORRECTION AS OF DECEMBER 31, 2011: $9,090,473 NET ASSETS PREVIOUSLY STATED FOR NMCC AND SUBSIDIARIES (124,997) CORRECTION OF ERROR - VALUATION OF PORTFOLIO COMPANY $8,965,476 AMOUNTS AS RESTATED ($69,650) OF THIS ADJUSTMENT WAS ALLOCATED TO NEW MEXICO COMMUNITY CAPITAL. | PRIOR PERIOD ADJUSTMENT |
| FORM 990, PART V, PAGE 5, ITEMS 7G & 7H | THE ORGANIZATON DID NOT RECEIVE CONTRIBTUTIONS OF THE TYPE LISTED AND, THEREFORE, DID NOT HAVE A REPORTING REQUIREMENT ON EITHER FORM 8899 OR FORM 1098-C. THESE QUESTIONS HAVE NOT BEEN ANSWERED AS THEY ARE NOT APPLICABLE. | FORM 8899 AND 1098-C REPORTING |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW MEXICO COMMUNITY CAPITAL MANAGEMENT LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1302 | AddressLine1 |
| City | BERNALILLO | City |
| State | NM | State |
| ZIP Code | 870041302 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 202825575 | EIN |
| Primary Activities | MANAGING INVESTMENT LIMITED PARTNERSHIPS | PrimaryActivities |
| Legal Domicile State | NM | LegalDomicileState |
| Total Income | 0 | TotalIncome |
| EOY Assets | 0 | EOYAssets |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW MEXICO COMMUNITY CAPITAL | BusinessNameLine1 |
Form990 Schedule R Part III Form990ScheduleRPartIII
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW MEXICO COMMUNITY CAPITAL FUND 1 LP | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1302 | AddressLine1 |
| City | BERNALILLO | City |
| State | NM | State |
| ZIP Code | 870041302 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 202825662 | EIN |
| Primary Activity | INVESTMENT IN DEBT AND EQUITY SECURITIES | PrimaryActivity |
| Legal Domicile State | NM | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW MEXICO COMMUNITY CAPITAL MANAGEMENT LLC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Predominant Income Type | INVSTMT-EXCLUDED | PredominantIncomeType |
| Share Of Total Income | -6918 | ShareOfTotalIncome |
| Disproportionate Allocations | 0 | DisproportionateAllocations |
| General Or Managing Partner | 1 | GeneralOrManagingPartner |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 1 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| NEW MEXICO COMMUNITY CAPITAL FUND LP | ||
| D | 98915 | BOOK AMOUNT |
| NEW MEXICO COMMUNITY CAPITAL FUND LP | ||
| L | 336278 | BOOK AMOUNT |