2024-04-30T15:19:50-04:00 2023-06-30 850219147 PULAKOS CPAS PC 6753 ACADEMY RD NE ALBUQUERQUE NM 87109 990 2022-07-01 061648104 NEW MEXICO LAND CONSERVANCY NEWM 5059863801 PO BOX 6759 SANTA FE NM 875026759 GEORGE DENNIS CHAIR 5059863801 2024-04-30 true GEORGE DENNIS 999009999 false COLLEEN A LINO CPA P02139286 5053381500 2024-04-30 2022 2023-04-26 12:10:37Z GEORGE DENNIS PO BOX 6759 ALBUQUERQUE NM 87111 3083557 false X WWW.NMLANDCONSERVANCY.ORG X 2002 NM PRESERVING NEW MEXICOS LAND HERITAGE BY HELPING PEOPLE CONSERVE THE PLACES THEY LOVE. 10 10 10 0 682434 460616 13281753 1068840 37071 77083 0 14001258 1606539 0 0 655538 678580 0 94150 12583990 1278149 13239528 1956729 761730 -350190 4154616 3823432 116217 22406 4038399 3801026 X TO PRESERVE NEW MEXICO'S LAND HERITAGE BY HELPING PEOPLE CONSERVE THE PLACES THEY LOVE. NMLC WORKS WITH LANDOWNERS AND OTHERS TO PROTECT WILDLIFE HABITAT, AGRICULTURAL LANDS, SCENIC OPEN SPACE, CULTURAL AND HISTORIC RESOURCES, AND RECREATIONAL LANDS. false false 1698628 1068840 NMLC COMPLETED 11 CONSERVATION EASEMENTS IN FISCAL YEAR 2023 (THREE SISTERS RANCH, MADERA CANYON RANCH, 262 RANCH, GAVILAN CREEK, FT. UNION - TIERRA BLANCA EAST, UTE LAKE RANCH PHASE II, CIENEGA RANCH PHASES III & IV, VEGA BINGHAM RANCH, EL SUENO, AND SPIRIT MESA) PROTECTING 686,245 NEW ACRES AT THE END OF FISCAL YEAR 2023. THE COMBINED VALUE OF THE NON-CASH CONSERVATION EASEMENT CONTRIBUTIONS GRANTED TO NMLC FOR THE YEAR ENDED JUNE 30, 2023 WAS 10,656,000.00, AS COMPARED TO 28,706,000.00 FOR THE YEAR ENDED JUNE 30, 2022. 1698628 true true false false false false true false true true true true false true false true true false false false false false false false false false false false false true false false false false false false false false true false false false false false false false false true 18 0 10 true false false false false true true false false false false false false false X 10 10 false false false false false false false true true false false true true true true true true true false false NM X X X JONATHAN HAYDEN 5059863801 PO BOX 6759 SANTA FE NM 87502 WALTER E STERN III DIRECTOR TO 1.00 X X 0 0 0 JACK WRIGHT DIRECTOR 1.00 X 0 0 0 DL SANDERS DIRECTOR 1.00 X 0 0 0 GARY MENDIOLA DIRECTOR 1.00 X 0 0 0 ED KRAFT DIRECTOR 1.00 X 0 0 0 LINDA BREWER DIRECTOR 1.00 X 0 0 0 SOLOMON BITSIE DIRECTOR 1.00 X 0 0 0 MICHAEL SCISCO DIRECTOR 1.00 X 0 0 0 DAVID DUNMAR TREASURER&SE 1.00 X X 0 0 0 ROBERT ANDERSON VICE CHAIR 1.00 X X 0 0 0 GEORGE DENNIS CHAIR 1.00 X X 0 0 0 SCOTT WILBER- EXECUTIVE DIRECTOR THROUGH MARC 40.00 X 137141 0 18104 MIMI WOLOK- EXEC DIR 3-15-23 TO 7-19-23 40.00 X 0 0 0 137141 18104 1 false true false HIPPAUF DRY & CONNELLY 404 BRUNN SCHOOL ROAD BLDG B SANTA FE NM 87505 APPRAISAL 145139 1 460616 460616 GOVERNMENT CONSERVATION 900099 594679 594679 LANDOWNER CONSERVATION 900099 324050 324050 FEES FOR SERVICES 541900 150111 150111 1068840 56251 56251 425850 1072000 433868 1043150 -8018 28850 20832 20832 1606539 1068840 77083 157829 126263 15783 15783 423842 339074 42384 42384 5574 4460 557 557 47404 37924 4740 4740 43931 35145 4393 4393 63791 31896 25516 6379 8666 8666 82093 77988 4105 34744 17372 13898 3474 32331 25865 3233 3233 37832 34049 3783 38308 34477 3831 38154 30799 3505 3850 PROJECT COSTS 846743 846743 SMALL EQUIPMENT 14522 11618 1452 1452 BUSINESS FEES AND DUES 1583 1187 396 79382 43768 27709 7905 1956729 1698628 163951 94150 623663 419163 102516 263418 598000 23210 22437 1322272 355383 1985282 966889 1191091 1324696 228854 228829 4154616 3823432 6598 9092 100765 4485 8854 8829 116217 22406 X 3668309 3428464 370090 372562 4038399 3801026 4154616 3823432 X -350190 31524 81293 X false true X true false X 132924 1286142 328913 682434 460616 2891029 132924 1286142 328913 682434 460616 2891029 655872 2235157 41736 32013 41717 40456 56251 212173 3103202 23080096 0.72030 0.65280 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 122 686245.00 2 true 760.00 37346 false true X 355142 9229 364371 363137 -7995 355142 315657 47480 363137 357645 -41988 315657 1.00000 false false 374000 98000 472000 688635 230528 458107 39723 35638 4085 121914 89217 32697 966889 DESIGNATED STEWARDSHIP FUND 960325 F ENDOWMENT FUND 364371 F 1324696 ASSETS HELD FOR SALE 220000 FUNDS HELD FOR OTHERS 8829 228829 X 1629397 31524 31524 1597873 8666 8666 1606539 1948063 1948063 8666 8666 1956729 SCHEDULE D, PAGE 1, PART II, LINE 5 THE ORGANIZATION MAINTAINS A WRITTEN POLICY REGARDING THE PERIODIC MONITORING, INSPECTIONS, HANDLING OF VIOLATIONS, AND ENFORCEMENT OF CONSERVATION EASEMENTS. THE ORGANIZATION ENSURES THE CONSERVATION PURPOSE OF THE EASEMENT IS BEING ACHIEVED BY PERIODICALLY INVESTIGATING THE USE OR CONDITION OF THE REAL PROPERTY AND COMMUNICATING WITH THE PROPERTY OWNER HIS OR HER OBLIGATIONS WITH RESPECT TO THE EASEMENT. SCHEDULE D, PAGE 1, PART II, LINE 9 CONSERVATION EASEMENTS PROPERTY INTERESTS: NMLC HAS ACQUIRED AND HOLDS A NUMBER OF CONSERVATION EASEMENTS, EACH REPRESENTING A LEGAL INTEREST IN LAND OWNED BY ANOTHER PERSON OR ENTITY AND REPRESENTING NMLC'S RIGHT TO MONITOR AND PROTECT THE LAND FOR CONSERVATION PURPOSES. NMLC EVALUATES EACH EASEMENT FOR ITS CONSERVATION VALUES AND THEN ENSURES THAT THE TERMS OF THE EASEMENT WILL ADEQUATELY PROTECT THESE VALUES. DUE TO THE LACK OF FORESEEABLE FUTURE CASH FLOW BENEFITS FROM THE EASEMENTS AND THE ABSENCE OF A SECONDARY EASEMENT MARKET, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT INCLUDE ANY RECORDED AMOUNTS FOR THESE PROPERTY INTERESTS. THIS ACCOUNTING POLICY IS CONSISTENT WITH THE PRACTICES FOLLOWED BY MANY ENVIRONMENTAL LAND TRUSTS. NMLC DOES NOT REPORT THE APPRAISED VALUE OF THESE NON-CASH CONSERVATION EASEMENT DONATIONS AS REVENUE AS THIS WOULD RESULT IN AN OVERSTATEMENT OF NMLC'S ACTUAL FINANCIAL ASSETS. CONSERVATION EASEMENT ACQUISITION FUNDING AGREEMENTS: IN CERTAIN CIRCUMSTANCES, NMLC WILL ENTER INTO AGREEMENTS WITH GOVERNMENTAL ENTITIES AS A COOPERATING/SPONSORSHIP ORGANIZATION TO FACILITATE THE GOVERNMENTAL ENTITY OR ENTITIES PARTICIPATION IN ACQUISITION OF CONSERVATION EASEMENTS. UPON CLOSING A CONSERVATION EASEMENT ACQUISITION, WHERE LAND TITLE IS PASSED THROUGH NMLC, NMLC WILL RECORD REVENUE AND AN EQUAL CONSERVATION EASEMENT ACQUISITION EXPENDITURE FOR AMOUNTS THAT NMLC HAS PASSED THROUGH THE LANDOWNER. SCHEDULE D, PAGE 2, PART IV, LINE 2B NMLC ENTERS INTO AGREEMENTS WITH OTHER ORGANIZATIONS IN WHICH NMLC ACTS AS A FISCAL AGENT BY RECEIVING AND DISBURSING FUNDS ON BEHALF OF THESE ORGANIZATIONS. IN RETURN FOR THESE SERVICES, NMLC TYPICALLY RETAINS A 1% MANAGEMENT FEE. AS OF JUNE 30, 2023 AND 2022, THE AMOUNT OF FUNDS HELD- FOR-OTHERS WAS 8,829 AND 8,854, RESPECTIVELY. SCHEDULE D, PAGE 2, PART V, LINE 4 NMLC HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING FOR INITIATIVES SUPPORTED BY ITS ENDOWMENTS WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENTS. IN 2020, NMLC WAS DESIGNATED AS THE MANAGER OF A LONG-TERM MANAGEMENT ENDOWMENT FUND FOR THE LOST DRAW PRAIRIE CHICKEN CONSERVATION BANK (LDPCCB). AS THE MANAGER OF THESE FUNDS, NMLC IS RESPONSIBLE FOR ENSURING THAT THE ENDOWMENT PRINCIPAL IS PERMANENTLY RESTRICTED. THE INVESTMENT INTEREST INCOME GENERATED FROM THIS ENDOWMENT MAY BE USED TO FUND SHORT AND LONG-TERM MANAGEMENT ACTIVITIES DEFINED IN THE MANAGEMENT PLANS FOR THE LDPCCB AND THIS INVESTMENT INTEREST INCOME IS CLASSIFIED AS TEMPORARILY RESTRICTED. AS THE ENDOWMENT MANAGER, NMLC MAY ALSO ANNUALLY WITHDRAW A ONE PERCENT ADMINISTRATIVE FEE FROM THE ENDOWMENT FUND. SCHEDULE D, PAGE 3, PART X NMLC IS A NONPROFIT CHARITABLE CORPORATION AND HAS BEEN RECOGNIZED AS TAX- EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. NMLC HAS ADOPTED ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA, AS THEY RELATE TO UNCERTAIN TAX POSITIONS, AND HAS EVALUATED ITS TAX POSITIONS TAKEN FOR OPEN TAX YEARS. MANAGEMENT BELIEVES THAT THE ACTIVITIES OF NMLC ARE WITHIN THEIR TAX-EXEMPT PURPOSE, AND THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT REQUIRE DISCLOSURE OR RECOGNITION IN THE FINANCIAL STATEMENTS. X false false false false false false false false false SCOTT WILBER- EXECUTIVE DIRECTOR THROUGH MARCH 2023 137141 18104 155245 X 1 APPRAISAL 1 false true false SCHEDULE M, PAGE 1, PART I, LINE 33 CONSERVATION EASEMENTS PROPERTY INTERESTS: THE COMBINED VALUE OF THE NON-CASH CONSERVATION EASEMENT CONTRIBUTIONS GRANTED TO NMLC FOR THE YEAR ENDED JUNE 30, 2023 WAS 10,656,000 AS COMPARED TO 28,706,000 FOR THE YEAR ENDED JUNE 30, 2022. HOWEVER, NMLC DOES NOT REPORT THE APPRAISED VALUE OF THESE NON-CASH CONSERVATION EASEMENT DONATIONS AS REVENUE AS THIS WOULD RESULT IN AN OVERSTATEMENT OF NMLC'S ACTUAL FINANCIAL ASSETS. FORM 990 - ORGANIZATION'S MISSION TO PRESERVE NEW MEXICO'S LAND HERITAGE BY HELPING PEOPLE CONSERVE THE PLACES THEY LOVE. NMLC WORKS WITH LANDOWNERS AND OTHERS TO PROTECT WILDLIFE HABITAT, AGRICULTURAL LANDS, SCENIC OPEN SPACE, CULTURAL AND HISTORIC RESOURCES, AND RECREATIONAL LANDS. FORM 990, PAGE 6, PART VI, LINE 11B A COPY OF THE 990 IS REVIEWED AND APPROVED BY THE BOARD AND FINANCE COMMITTEE. IT IS THEN SIGNED BY THE BOARD CHAIR AND SUBMITTED TO THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C NMLC MONITORS AND ENFORCES THE POLICY BY REQUESTING NEW BOARD MEMBERS AND EMPLOYEES TO READ AND SIGN THE POLICY UPON ARRIVAL. ALL BOARD MEMBERS AND EMPLOYEES ARE REQUIRED TO REVIEW THE POLICY ANNUALLY AND DISCLOSE ANY CONFLICTS. FORM 990, PAGE 6, PART VI, LINE 15A THE EXECUTIVE DIRECTOR'S SALARY AND COMPENSATION IS DETERMINED FOLLOWING AN ANNUAL PERFORMANCE REVIEW PROCESS. WITH PERFORMANCE INFORMATION FROM THE BOARD OF DIRECTORS (AND OTHERS, AS MAY BE APPROPRIATE) AVAILABLE, THE BOARD'S EXECUTIVE COMMITTEE REVIEWS THE EXECUTIVE DIRECTOR'S PERFORMANCE AND SETS THE EXECUTIVE DIRECTOR'S SALARY, BONUS AND OTHER COMPENSATION ONLY FOLLOWING CONSIDERATION OF PUBLICALLY AVAILABLE DATA REGARDING COMPENSATION FOR EXECUTIVE DIRECTORS' (OR COMPARABLE POSITIONS) FOR ENTITIES OF SIMILAR SIZE, STRUCTURE, COMPLEXITY AND LOCATION, INCLUDING WITHOUT LIMITATION OTHER LAND CONSERVANCY ENTITIES. THE EXECUTIVE COMMITTEE'S DECISIONS ARE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. ALL ACTIVITIES ARE DOCUMENTED DURING THE REVIEW AND APPROVAL PROCESS FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. COPIES ARE AVAILABLE FOR A FEE. FORM 990, PART XI, LINE 9 AUDITOR PRIOR PERIOD ADJUSTMENT 81,293