2023-10-17T12:49:44-05:00 2022-12-31 954083485 TURNER WARREN HWANG & CONRAD ACCTCY 100 NORTH FIRST ST STE 202 BURBANK CA 91502 990 2022-01-01 850435181 CREDIT UNION FOUNDATION OF NEW MEXICO FKA NM CU EDUCATION FOUNDATION CRED 5052989899 4200 WOLCOTT AVE NE ALBUQUERQUE NM 87109 REBECCA ISAACS MANAGING DIRECTOR 5052701303 2023-10-04 REBECCA ISAACS 999009999 1 VALENTINO CREUS CPA P01054153 8189549700 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X REBECCA ISAACS 4200 WOLCOTT AVE NE ALBUQUERQUE NM 87109 434436 0 X N/A X 1993 NM NMCUEF MANAGES AND ADMINISTERS FUNDS CONTRIBUTED BY CREDIT UNIONS AS UNCLAIMED FUNDS BY GRANTING SCHOLARSHIPS TO STUDENTS AND THROUGH BEQUESTS TO ACCREDITED UNIVERSITIES, COLLEGES, AND TRADE SCHOOLS IN NEW MEXICO. 8 8 0 7 0 0 633273 429884 0 0 3570 4552 0 -1000 636843 433436 111353 138000 0 0 0 0 0 0 0 64742 107136 176095 245136 460748 188300 3011461 3261544 707834 769618 2303627 2491926 X TO MANAGE AND ADMINISTER FUNDS CONTRIBUTED BY CREDIT UNIONS AS UNCLAIMED FUNDS FROM ABANDONED INDIVIDUAL DEPOSITOR ACCOUNTS BY EXPENDING THESE FUNDS FOR EDUCATIONAL AND CHARITABLE PURPOSES, PRIMARILY BY GRANTING SCHOLARSHIPS TO STUDENTS AND THROUGH BEQUESTS TO ACCREDITEDUNIVERSITIES, COLLEGES, AND TRADE SCHOOLS IN NEW MEXICO. 0 0 229348 138000 CUFNM'S SOLE PURPOSE IS TO AWARD SCHOLARSHIPS FOR HIGHER EDUCATION TO ACCREDITED UNIVERSITIES, COLLEGES, AND TRADE SCHOOLS WITHIN THE STATE OF NEW MEXICO FOR QUALIFYING STUDENTS LIVING IN NEW MEXICO. IN 2022, CUFNM AWARDED OVER 138 SCHOLARSHIPS TOTALING $138,000.THIS TOTAL WAS OFFSET BY SCHOLARSHIP MONEY RETURNED DUE TO RECIPIENTS DECLINING THE SCHOLARSHIP REQUIREMENTS. 229348 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 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 NM X X REBECCA ISAACS 5052701303 4200 WOLCOTT AVE NE ALBUQUERQUE NM 87109 X KAREN GRIFFO CHAIRMAN 1.00 X X 0 0 0 JUDY CARRASCO VICE CHAIR 0.25 X X 0 0 0 DONALD SARICH BOARD SECRETARY/TREASURER 0.25 X X 0 0 0 RICK ANDERSON DIRECTOR 0.25 X 0 0 0 LILY CURRIN DIRECTOR 0.25 X 0 0 0 STUART JOHNSTON DIRECTOR 0.25 X 0 0 0 NELSON MEDINA DIRECTOR 0.25 X 0 0 0 0 0 0 0 0 0 0 0 429884 429884 4552 4552 0 1000 -1000 -1000 433436 4552 0 -1000 138000 138000 6921 6921 17735 8868 8867 6396 6396 7682 7682 CONTRIBUTION EXPENSE 68402 68402 245136 229348 15788 0 2782578 3259217 224723 0 4160 1390 937 3011461 3261544 4726 707834 764892 707834 769618 X 1850496 1850751 453131 641175 2303627 2491926 3011461 3261544 188300 0 X X 0 1 X 1 0 X 335845 273980 327901 625183 429884 1992793 335845 273980 327901 625183 429884 1992793 1992793 4681 7353 5713 3570 4552 25869 134 134 2018796 0.98710 0.98620 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 OTHER LIABILITIES 764892 764892 X 438935 5500 5500 433435 0 433435 250636 5500 5500 245136 0 245136 PART X, LINE 2: THE FOUNDATION IS TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE FOUNDATION HAS BEEN CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION. THE FOUNDATION HAS ADOPTED U.S. GAAP AS THEY RELATE TO UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED DECEMBER 31, 2022, AND HAS EVALUATED ITS TAX POSITIONS TAKEN FOR ALL OPEN TAX YEARS. THE FOUNDATION IS NOT CURRENTLY UNDER AUDIT NOR HAS THE FOUNDATION BEEN CONTACTED BY THIS JURISDICTION. MANAGEMENT BELIEVES THAT THE ACTIVITIES OF THE FOUNDATION ARE WITHIN ITS TAX-EXEMPT PURPOSE, AND THAT THERE ARE NO UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: DONATIONS 5,500. PART XII, LINE 2D - OTHER ADJUSTMENTS: DONATIONS 5,500. 1 SCHOLARSHIPS 138 138000 GRANTMAKER'S DESCRIPTION OF HOW GRANTS ARE USED SCHOLARSHIP CYCLE OPENS MID NOVEMBER AND ENDS LAST THURSDAY OF FEBRUARY. QUALIFIED APPLICANTS ARE DISTRIBUTED TO BOARD AND SELECTION MEETING IS FIRST WEEK OF APRIL. WINNERS ARE NOTIFIED WITHIN IN 10 DAYS AND CHECKS ARE SENT TO BURSARS OFFICE AT THE STUDENTS UNIVERSITY IN MID JULY. FORM 990, PART VI, SECTION B, LINE 11B THE IRS FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING OF THE RETURN. FORM 990, PART VI, SECTION C, LINE 18 GOVERNING DOCUMENTS AND THE IRS FORM 990 ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST WITHIN THREE WORKING DAYS OF THE DATE THE REQUEST WAS MADE. THESE DOCUMENTS ARE ALSO AVAILABLE ON THE NM ATTORNEY GENERAL'S CHARITY SEARCH WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 DOCUMEMTS AVAILABLE TO THE PUBLIC ONCE THE FOUNDATION'S AUDITED FINANCIAL STATEMENTS HAVE BEEN ACCEPTED BY THE BOARD OF DIRECTORS, THEY ARE POSTED TO THE FOUNDATION'S WEBSITE AS WELL AS ON GUIDESTAR, A NONPROFIT DATABASE. ONCE THE FORM 990 IS FILED WITH THE INTERNAL REVENUE SERVICE, A PUBLIC COPY OF THE COMPLETED FORM IS POSTED ON THE COMMUNITY FOUNDATION'S WEBSITE AND ALSO UPLOADED TO GUIDESTAR. THE CURRENT FORM, AS WELL AS PRIOR YEAR FORMS, ARE AVAILABLE AT THE FOUNDATION OFFICE, UPON REQUEST, AS IS THE FOUNDATION'S CONFLICT OF INTEREST POLICY. FORM 990,PART XII,LINE 2C THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. CREDIT UNION ASSOCIATION OF NEW MEXICO 4200 WOLCOTT AVE NE ALBUQUERQUE NM 87109 850132671 SHARES OFFICE SPACE,EMPLOYEES, EQUIP NM 501(C)(6) CREDIT UNION ASSOCIATION OF NM 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 CREDIT UNION ASSOCIATION OF NEW MEXICO N BELOW COST