2024-07-01T15:15:13-05:00 2023-12-31 910189318 MOSS ADAMS LLP 6565 AMERICAS PARKWAY NE STE 600 ALBUQUERQUE NM 87110 990 2023-01-01 201798654 NEW MEXICO COMMUNITY CAPITAL NEWM 5059242820 301 GOLD AVE SW 102 ALBUQUERQUE NM 87102 THAD PORCH CFO 5059242820 2024-07-01 1 THAD PORCH 999009999 1 PAMELA ALEXANDERSON P01218925 5058787200 2024-07-01 0 AAL1 IAL1 2023 2023-04-26 12:10:37Z LIZ GAMBOA 301 GOLD AVE SW 102 ALBUQUERQUE NM 87102 4164763 0 X WWW.NMCCAP.ORG X 2004 NM 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. 11 11 7 11 0 0 4721202 3712639 293007 218277 60381 228785 83265 5062 5157855 4164763 1192173 755137 0 0 554711 648267 0 0 0 1783991 2326236 3530875 3729640 1626980 435123 13279513 11653210 10247982 8246463 3031531 3406747 X NEW MEXICO COMMUNITY CAPITAL'S MISSION IS TO GIVE RISE TO A MORE EQUITABLE FUTURE BY PROVIDING CULTURALLY APPROPRIATE TOOLS FOR SUCCESS TO EMERGING NATIVE AMERICAN OWNED BUSINESSES, NATIVE FAMILIES, AND TRIBAL ENTERPRISES. WE PROVIDE CLASSES AND PROGRAMS THAT ARE TAUGHT USING SUPPORTIVE MENTORSHIP, PEER LEARNING, AND CULTURALLY RELEVANT CURRICULUM. WE SUPPORT TRIBAL AGENCIES AND ORGANIZATIONS WITH SPECIALIZED TECHNICAL ASSISTANCE AND BUSINESS SERVICES. 1 1 2513919 491950 138811 BUSINESS AND MARKETING ESSENTIALS (BME) EQUALITY CAN'T WAIT (ECW) - BUSINESS SERVICES - PROVIDING MANAGEMENT RESOURCES TO QUALIFYING BUSINESS, PARTICULARLY IN UNDER-INVESTED AREAS. 773318 105275 INDIGENOUS ECONOMIC WELLBEING ALLIANCE (KELLOGG #2) - WE ARE AN EMERGING ALLIANCE OF NATIVE-OWNED AND NATIVE LED ORGANIZATIONS LEVERAGING OUR COLLECTIVE INGENUITY, NETWORKS, CAPITAL, AND RESOURCES TO SUPPORT INDIGENOUS ENTREPRENEURS. 156700 157912 3207 NATIVE FARMERS IN RESIDENCE (NATIVE AMERICAN AGRICULTURE FUND/ERME) THE NATIVE FARMERS IN RESIDENCE (NFIR) PROGRAM PROVIDES A CULTURALLY APPROPRIATE, SUPPORTIVE PLACE FOR NATIVE AMERICAN FARMERS TO GAIN CONFIDENCE, GROW, AND BECOME SUCCESSFUL.THIS PROGRAM IS FINANCED THROUGH GRANTS AND CONTRIBUTIONS. 81321 FISCAL SERVICES- FISCAL SPONSORSHIP SERVICES ARE PROVIDED TO COMPANIES IN THE COMMUNITY WHO HAVE A NONPROFIT MISSION, MANY OF WHICH ARE IN THE PROCESS OF GETTING THEIR OWN 501(C)3 STATUS. THIS PROGRAM IS FINANCED THROUGH A PERCENTAGE OF THE GRANTS SPONSOREES RECEIVE. 41864 INDIGIDAO - NMCC IS CREATING A NON-EXPLOITATIVE PROJECT TO ASSESS HOW WEB 3.0 TOOLS (DAO+, BLOCKCHAIN, NFTS, ETC)COULD BE USED TO ADVANCE INDIGENOUS CORE VALUES 41864 81321 3485801 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 271 0 1 7 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NM X X CJ MOYA 5059242820 301 GOLD AVE SW 102 ALBUQUERQUE NM 87102 RICHARD SCHNEIDER CHAIR (THROUGH MARCH 2024) 2.00 X X 0 0 0 GAYLE WATSON VICE CHAIR 2.00 X X 0 0 0 DAVE CASTILLO SECRETARY 2.00 X X 0 0 0 SEAN MCCABE TREASURER 2.00 X X 0 0 0 LONI BERNALLY-HOLYAN DIRECTOR 2.00 X 0 0 0 MARTHA KING DIRECTOR 2.00 X 0 0 0 GARRY MCBERRYHILL DIRECTOR 2.00 X 0 0 0 JUAQUIN MOYA DIRECTOR 2.00 X 0 0 0 GRACE PEREZ DIRECTOR 2.00 X 0 0 0 KIP RITCHIE DIRECTOR 2.00 X 0 0 0 JOANNIE SUINA DIRECTOR (THROUGH MARCH 2024) 2.00 X 0 0 0 ELIZABETH GAMBOA EXECUTIVE/FUND MANAGING DIRECTOR 40.00 X 122185 0 29698 THAD PORCH CFO 5.00 X 32306 0 0 154491 0 29698 1 0 1 0 ROANHORSE CONSULTING LLC 2406 MOUNTAIN RD NW ALBUQUERQUE NM 87104 MANAGER OF PROGRAMS 243241 SEMILLA STRATEGIES LLC 737 GEORGIA ST SE ALBUQUERQUE NM 87108 MANAGER OF PROGRAMS 133167 CLARE ZURAWSKI MBA LLC 2180 WEST ALAMEDA ST UNIT 19 SANTA FE NM 87507 GRANT SPECIALIST AND MANAGERIAL ADVISOR 103815 3 69928 3642711 3712639 BUSINESS SERVICES 900099 136956 136956 FISCAL SPONSOR FEE 561000 81321 81321 218277 228785 228785 3207 0 3207 3207 1855 1855 1855 4164763 223339 0 228785 X 491950 491950 263187 263187 184188 171295 12893 351198 326614 24584 8900 8277 623 66828 62150 4678 37153 34552 2601 16189 14894 1295 69783 64200 5583 1506196 1385700 120496 20843 11047 9796 37206 37206 161444 150143 11301 50181 50181 168192 154084 14108 259863 248476 11387 7176 7176 10175 10175 DUES 14319 14319 RIGHT OF USE EXPENSE - 3576 3576 BAD DEBT 994 994 99 99 3729640 3485801 243839 0 3927491 4709867 8485447 5797127 168639 55100 75129 79129 17969 22546 20177 17800 129383 42673 15167 86710 86664 71573 482830 813358 13279513 11653210 2716314 2919560 7531668 5038748 0 288155 10247982 8246463 X 1087142 1570318 1944389 1836429 3031531 3406747 13279513 11653210 435123 -43242 -16665 0 X 0 1 X 1 0 X 1006213 1214323 2646526 4721202 3712639 13300903 21087 209714 190509 300660 221484 943454 1027300 1424037 2837035 5021862 3934123 14244357 380118 721230 1718076 1938860 725342 5483626 0 380118 721230 1718076 1938860 725342 5483626 8760731 12041 5536 4380 60381 228785 311123 12041 5536 4380 60381 228785 311123 274 25390 4225 76425 1855 108169 1039615 1454963 2845640 5158668 4164763 14663649 0.59740 0.97460 0.02120 0.00980 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 274. 2020 AMOUNT: $ 25,390. 2021 AMOUNT: $ 4,225. 2022 AMOUNT: $ 76,425. 2023 AMOUNT: $ 1,855. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 129383 42673 86710 86710 RIGHT OF USE - LEASES 297219 DEPOSITS 12315 RECEIVABLE FROM FUND & LLC 463924 WORK IN PROCESS 39900 813358 LEASE LIABILITY 288155 288155 X PART X, LINE 2: NMCC IS A NONPROFIT CORPORATION AND QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION. AS SUCH, ITS NORMAL ACTIVITIES DO NOT RESULT IN ANY INCOME TAX LIABILITY. NMCC WOULD PAY TAXES ON UNRELATED BUSINESS INCOME, BUT DID NOT HAVE ANY FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022. NMCC WOULD RECOGNIZE ACCRUED INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES. THERE WAS NO SUCH INTEREST OR PENALTIES RECORDED FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022. NMCC HAS ADOPTED ASC 740-10, INCOME TAXES OVERALL, RELATING TO UNCERTAIN 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, PENALTIES, AND DISCLOSURES REQUIRED. NMCC DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS. 1 CHANGE LABS 421 W MAPLE ST WINSLOW AZ 86047 833261055 501(C)(3 96767 0 KELLOGG SUBGRANT:1) INCREASE THE ECONOMIC OPPORTUNITY AND WELL BEING FOR NATIVE ENTREPRENEURS IN NEW MEXICO. 2)LEVERAGE AND INITIATE SYSTEMS OF CHANGE THROUGH POLICY ADVOCACY (NOT LOBBYING), INFORMED RESEARCH, AND COALITION AND MOVEMENT BUILDING WORK.3) INCREASE BUSINESS CAPITAL TO NATIVE ENTREPRENEURS BY NATIVE COMMUNITY CAPITAL 6 ARROWHEAD ROAD LAGUNA NM 87026 270735586 501(C)(3 395183 0 KELLOGG SUBGRANT:1) INCREASE THE ECONOMIC OPPORTUNITY AND WELL BEING FOR NATIVE ENTREPRENEURS IN NEW MEXICO. 2)LEVERAGE AND INITIATE SYSTEMS OF CHANGE THROUGH POLICY ADVOCACY (NOT LOBBYING), INFORMED RESEARCH, AND COALITION AND MOVEMENT BUILDING WORK.3) INCREASE BUSINESS CAPITAL TO NATIVE ENTREPRENEURS BY 2 0 STIPEND 180 210487 CHROMEBOOKS 120 42252 BOOK CHROMEBOOKS FOR PARTICPANTS GOING THROUGH OUR PROGRAMS SUPPLIES 120 10448 BOOK OFFICE SUPPLIES FOR PARTICIPANTS GOING THROUGH OUR PROGRAMS PART I, LINE 2: ALL SUBGRANT FUNDS WERE BASED AROUND PARTICIPATION IN GRANTS WHICH NMCC RECEIVED. FUNDS WERE RELEASED AFTER THE PARTICIPATION TOOK PLACE AND THE REQUIREMENTS FOR FUNDING HAD BEEN MET. X X X 0 0 0 0 0 0 0 0 0 ELIZABETH GAMBOA EXECUTIVE/FUND MANAGING DIRECTOR 122185 0 0 0 0 0 3666 0 26032 0 151883 0 0 0 FORM 990, PART III, LINE 2 INDIGIDAO - NMCC IS CREATING A NON-EXPLOITATIVE PROJECT TO ASSESS HOW WEB 3.0 TOOLS (DAO+, BLOCKCHAIN, NFTS, ETC)COULD BE USED TO ADVANCE INDIGENOUS CORE VALUES. FORM 990, PART III, LINE 3 THE USDA AND INDIGIEXCHANGE PROGRAMS CONCLUDED AT THE END OF 2022. FORM 990, PART VI, SECTION A, LINE 1A THE AUDIT COMMITTEE SHALL CONSIST OF THREE MEMBERS, TWO OF WHOM SHALL BE CURRENT MEMBERS OF THE NMCC BOARD OF DIRECTORS. TERMS SHALL BE ANNUAL CONCURRENT WITH NMCC'S FISCAL (ALSO CALENDAR) YEAR. NONBOARD MEMBERS MAY BE INCLUDED ON THE AUDIT COMMITTEE TO OBTAIN A PROPER LEVEL OF FINANCIAL AND OTHER APPLICABLE EXPERTISE ON THE COMMITTEE. NONBOARD MEMBERS SHALL POSSESS EXPERTISE NOT RESIDENT AMONG BOARD MEMBERS WILLING TO SERVE ON THE COMMITTEE AT THE TIME THEY ARE APPOINTED OR BEGIN THEIR TERM. AUDIT COMMITTEE MEMBERS SHALL BE INDEPENDENT WITH RESPECT TO NMCC TO AVOID THE EXISTENCE OR APPEARANCE OF CONFLICTS OF INTEREST. ALL COMMITTEE MEMBERS SHALL MEET APPLICABLE STANDARDS OF INDEPENDENCE AND BE APPOINTED BY THE BOARD OF DIRECTORS. THE AUDIT COMMITTEE SHALL APPOINT THE AUDIT COMMITTEE CHAIR WHO SHALL BE A MEMBER OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B AFTER THE RETURN IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM, THE CFO AND DIRECTOR OF FINANCE 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 MANAGING DIRECTOR 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 MANAGING DIRECTOR REVIEWS AND RECOMMENDS TO THE BOARD 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. THE BOARD DELIBERATES THE MANAGING DIRECTOR'S RECOMMENDATIONS BEFORE APPROVING RAISES. ALL DELIBERATIONS AND DECISIONS ARE DOCUMENTED. THE COMPENSATION PROCESSES DESCRIBED ABOVE WERE LAST COMPLETED IN 2019. 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 IX, LINE 11G PAYROLL PROCESSING FEE: PROGRAM SERVICE EXPENSES 2,460. MANAGEMENT AND GENERAL EXPENSES 214. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,674. NEIR MENTOR: PROGRAM SERVICE EXPENSES 1,840. MANAGEMENT AND GENERAL EXPENSES 160. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,000. CONTRACT EMPLOYEE: PROGRAM SERVICE EXPENSES 95,280. MANAGEMENT AND GENERAL EXPENSES 8,285. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 103,565. CONSULTANT FEE: PROGRAM SERVICE EXPENSES 1,286,120. MANAGEMENT AND GENERAL EXPENSES 111,837. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,397,957. NEW MEXICO COMMUNITY CAPITAL MANAGEMENT LLC 301 GOLD AVE SW SUITE 102 ALBUQUERQUE NM 87102 202825575 MANAGING INVESTMENT LIMITED PARTNERSHIPS NM 0 0 NEW MEXICO COMMUNITY CAPITAL NEW MEXICO COMMUNITY CAPITAL FUND 1 LP 301 GOLD AVE SW SUITE 102 ALBUQUERQUE NM 87102 202825662 INV IN DEBT AND EQUITY SECURITIES NM NMCC MANAGEMENT LLC 23150 0 0 0.00680 CCMN 301 GOLD AVE SW SUITE 102 ALBUQUERQUE NM 87102 331069830 TO PROVIDE SECURITY SERVICES NM C 13203 1.00000 1 0 0 0 1 0 0 0 0 0 0 0 1 0 1 1 0 1 1 1 NEW MEXICO COMMUNITY CAPITAL FUND 1 LP D 463924 FMV