2024-11-13T11:57:54-05:00 2023-12-31 850219147 PULAKOS CPAS PC 6753 ACADEMY RD NE ALBUQUERQUE NM 87109 990 2023-01-01 850469162 NEW MEXICO MANUFACTURING EXTENSION PARTNERSHIP NEWM 5052620921 8600 SAN MATEO BLVD NE STE 100 ALBUQUERQUE NM 87113 JENNIFER SINSABAUGH CHIEF EXEC. OFFICER 5052620921 2024-11-08 true false ROBERT A DEPASQUALE CPA P00446108 5053381500 2024-11-08 2023 2024-10-15 13:58:12Z JENNIFER SINSABAUGH 8600 SAN MATEO BLVD NE STE 100 ALBUQUERQUE NM 87113 2787748 false X WWW.NEWMEXICOMEP.ORG X 2000 NM TO HELP THE EXISTING MANUFACTURING AND BUSINESS COMMUNITY STRENGTHEN THEIR INDUSTRY COMPETITIVENESS NATIONALLY AND GLOBALLY WHILE DEVELOPING A GLOBALLY COMPETITIVE WORKFORCE. 6 6 12 0 1613793 1695132 1026775 1091996 620 0 2640568 2787748 0 0 1025380 1084206 0 0 1303168 1246010 2328548 2330216 312020 457532 4396720 4750486 730481 626715 3666239 4123771 NEW MEXICO MEP'S MISSION IS TO HELP THE EXISTING MANUFACTURING AND BUSINESS COMMUNITY STRENGTHEN THEIR INDUSTRY COMPETITIVENESS NATIONALLY AND GLOBALLY WHILE DEVELOPING A GLOBALLY COMPETITIVE WORKFORCE. false false 2055266 1091996 PROVIDED AN EDUCATIONAL EXTENSION PROGRAM THAT ASSISTED 92 SMALL MANUFACTURERS LOCATED IN NEW MEXICO TO APPLY ADVANCED PRODUCTION TECHNIQUES AND STATE OF THE ART TECHNOLOGIES TO THEIR BUSINESS MANAGEMENT PRACTICES AND PRODUCTION OPERATIONS. ADDITIONALLY 112 MANUFACTURERS WERE SERVICED BY THE ORGANIZATION'S EMPLOYEES THROUGH THE NMSBA PROGRAM FOR A TOTAL OF 204 ASSISTED. 2055266 true true false false false false false false false false true false false true true true true 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 false false false true 14 0 12 true false false false false false false false false false false false false X 6 6 false false false false false false false true true false false true true true true true true true true false NM X HEATHER BELTRAN 5052620921 8600 SAN MATEO BLVD NE STE 100 ALBUQUERQUE NM 87113 ERIC STEBBINS DIRECTOR 2.00 X 0 0 0 JOHN ROCKWELL III DIRECTOR 2.00 X 0 0 0 SHERMAN MCCORKLE DIRECTOR 2.00 X 0 0 0 CLAY ALLISON DIRECTOR 2.00 X 0 0 0 CHRIS CHRISTY VICE CHAIRMA 2.00 X X 0 0 0 CRAIG MAYBERRY PRESIDENT/CH 2.00 X X 0 0 0 JENNIFER SINSABAUGH CHIEF EXEC. 55.00 X 155120 0 29013 TAMMY MCCARTY FINANCE DIRE 23.00 X 71500 0 5005 226620 34018 1 false true false 1695132 1695132 PROJECT FEES 611710 1091996 1091996 1091996 620 620 2787748 1091996 620 X 260638 217278 43360 603982 486870 117112 40953 32771 8182 114281 85185 29096 64352 51874 12478 31139 25101 6038 506252 499516 6736 44062 44062 251504 245692 5812 98697 79560 19137 53781 53781 119084 119084 66768 53822 12946 15515 12507 3008 DUES AND SUBSCRIPTIONS 45941 37033 8908 TELEPHONE 11398 9188 2210 OTHER COSTS 2572 1942 630 BAD DEBT RECOVERIES -703 -703 2330216 2055266 274950 0 2676523 3663092 762317 377274 271169 179066 29066 29894 259364 223076 103056 36288 554589 464872 4396720 4750486 149101 139337 30186 30186 551194 457192 730481 626715 X 3666239 4123771 3666239 4123771 4396720 4750486 457532 X false true X false true true X 1435431 1425454 1869391 1613793 1695132 8039201 1435431 1425454 1869391 1613793 1695132 8039201 8039201 620 620 8039821 4852316 0.99990 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 56007 51529 4478 178232 151743 26489 25125 19804 5321 36288 OPERATING ROU ASSET 457192 SECURITY DEPOSITS 7680 464872 OPERATING ROU LIABILITY 457192 457192 X 5110152 2322404 2322404 2787748 2787748 4652620 2322404 2322404 2330216 2330216 SCHEDULE D, PAGE 3, PART X NMMEP IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. NMMEP HAS ADOPTED ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA AS THEY RELATE TO UNCERTAIN TAX POSITIONS. ANY INTEREST AND PENALTIES RECOGNIZED ASSOCIATED WITH A TAX POSITION ARE CLASSIFIED AS CURRENT IN THE NMMEP'S FINANCIAL STATEMENTS. NMMEP IS NOT CURRENTLY UNDER AUDIT NOR HAS NMMEP BEEN CONTACTED BY ANY TAX JURISDICTIONS. MANAGEMENT BELIEVES THAT THEY ARE OPERATING WITHIN THEIR TAX-EXEMPT PURPOSE. THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED FOR THE YEARS ENDED DECEMBER 31, 2023 OR 2022, RESPECTIVELY. THERE WERE NO INTEREST OR PENALTIES RECORDED AS OF DECEMBER 31, 2023 OR 2022, RESPECTIVELY. X false false false false false false false false false JENNIFER SINSABAUGH CHIEF EXEC. OFFICER 155120 11550 17463 184133 FORM 990, PAGE 6, PART VI, LINE 11B A COPY OF FORM 990 INCLUDING ALL APPLICABLE SCHEDULES IS PROVIDED TO EACH VOTING MEMBER OF THE BOARD OF DIRECTORS FOR THEIR REVIEW TO ENSURE ACCURACY IN THE DISCLOSURE OF THESE FORMS PRIOR TO FILING THE RETURN. THIS REVIEW PROCESS IS DOCUMENTED BY THE BOARD MEMBERS, AS WELL AS CENTER MANAGEMENT AS TO WHO WAS INVOLVED IN CONDUCTING THE REVIEW, WHEN IT WAS CONDUCTED, AND THE EXTENT OF THE REVIEW. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION HAS IMPLEMENTED AN ANNUAL DISCLOSURE QUESTIONAIRE TO DETERMINE EACH BOARD MEMBER'S INDEPENDENCE AND ANY FAMILY OR BUSINESS RELATIONSHIPS AMONG DIRECTORS AS WELL AS KEY EMPLOYEES WHICH MAY POTENTIALLY BE CONFLICTING WITH THE ORGANIZATION. THE BOARD OF DIRECTORS CONDUCTS A REVIEW OF THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. FORM 990, PAGE 6, PART VI, LINE 15A SEE LINE 15B EXPLANATION FORM 990, PAGE 6, PART VI, LINE 15B THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS MAKES RECOMMENDATIONS TO THE BOARD OF DIRECTORS WITH RESPECT TO THE COMPENSATION OF THE ORGANIZATION'S OFFICERS AND DIRECTORS, THE CENTER DIRECTOR, AND THE TOP FINANCIAL OFFICIAL ON AN ANNUAL BASIS. ONLY THOSE MEMBERS OF THE EXECUTIVE COMMITTEE THAT DO NOT HAVE A CONFLICT OF INTEREST MAY BE INVOLVED IN MAKING SUCH RECOMMENDATIONS. TO THE EXTENT REASONABLY AVAILABLE, THE EXECUTIVE COMMITTEE SHOULD RELY UPON APPROPRIATE DATA AS TO COMPARABILITY PRIOR TO MAKING ANY COMPENSATION RECOMMENDATION. SUCH DATA RELIED UPON FOR COMPENSATION DECISIONS IS INCLUDED IN THE MINUTES OF THE MEETING OF THE EXECUTIVE COMMITTEE AT WHICH SUCH DECISION WAS MADE. THESE RECOMMENDATIONS ARE REVIEWED AND APPROVED, MODIFIED, OR REJECTED BY THE BOARD OF DIRECTORS. ONLY THOSE DIRECTORS WHO ARE FREE OF CONFLICTS OF INTEREST MAY VOTE ON SUCH MATTERS. FORM 990, PAGE 6, PART VI, LINE 19 THESE DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION. FORM 990, PART IX, LINE 11G CONTACTUAL SERVICES 486,021 3,490 0 OTHER PROFESSIONAL FEES 13,495 3,246 0 TOTAL 499,516 6,736 0