2024-05-15T15:21:04-05:00 2023-06-30 721396621 CARR RIGGS & INGRAM LLC 201 SOUTH HALAGUENO STREET CARLSBAD NM 88220 990 2022-07-01 237045300 NEW MEXICO JUNIOR COLLEGE FOUNDATION NEWM 5754922782 5317 LOVINGTON HWY HOBBS NM 88240 ROSIE INSILAN PRESIDENT 5754922782 2024-05-15 1 ROSIE INSILAN 999009999 1 CINDY MOFFATT BRYAN P00805956 5758854184 2024-05-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ROSIE INSILAN 5317 LOVINGTON HIGHWAY HOBBS NM 88240 923743 0 X WWW.NMJC.EDU X 1970 NM SEE SCHEDULE O 18 13 0 1 0 0 382626 267763 0 0 540295 525182 33047 9446 955968 802391 315816 379492 0 0 0 0 0 0 0 279727 149487 595543 528979 360425 273412 12380291 13304709 22768 10865 12357523 13293844 X SEE SCHEDULE O. 0 0 257040 257040 FUNDS IN THE AMOUNT OF $257,040 WERE PAID FOR MISCELLANEOUS SCHOLARSHIPS AWARDED TO APPROXIMATELY 257 STUDENTS. 92824 92824 $92,824 WAS PAID TO NEW MEXICO JUNIOR COLLEGE FOR ASSISTANCE WITH VARIOUS PROGRAMS WHICH INCLUDED: STUDENT LEARNING EVENTS, PROMOTION OF COMMUNITY AWARENESS WITH REGARD TO NMJC INITIATIVES, ATHLETIC PROGRAMS, RECOGNITION FOR ANNUAL OUTSTANDING NMJC FACULTY AND STAFF OF THE YEAR AWARDS, AND OTHER NMJC INITIATIVES. 29628 29628 FUNDS IN THE AMOUNT OF $29,628 WERE PAID FOR WORK-STUDY TO APPROXIMATELY 4 STUDENTS. 379492 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 18 13 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X X TINA KUNKO 5754922782 5317 LOVINGTON HWY HOBBS NM 88240 ROSIE INSILAN PRESIDENT 1.00 X X 0 0 0 ALLYSON ROBERTS VICE PRESIDENT 0.50 X X 0 0 0 TINA KUNKO SECRETARY 40.00 X X 0 0 111165 JOSH MORGAN TREASURER 0.25 X X 0 0 0 ROSA ARANDA DIRECTOR 0.25 X 0 0 0 PAT CHAPPELLE DIRECTOR 0.25 X 0 0 0 AARON FORRISTER DIRECTOR 0.25 X 0 0 0 MEGAN GALLEGOS DIRECTOR 0.50 X 0 0 0 JOSHUA GRASSHAM DIRECTOR 0.25 X 0 0 0 ROBERT GUTHRIE DIRECTOR 0.25 X 0 0 0 LISA HARDISON DIRECTOR 0.25 X 0 0 0 GUY KESNER DIRECTOR 1.00 X 0 0 0 MICHAEL RABURN DIRECTOR 0.25 X 0 0 0 GENE STRICKLAND DIRECTOR 0.25 X 0 0 0 RHONDA TYLER DIRECTOR 0.25 X 0 0 0 DAVID WHITTEN DIRECTOR 0.25 X 0 0 0 SUMMER WRIGHT DIRECTOR 0.25 X 0 0 0 ISAAC HOLGUIN DIRECTOR 0.25 X 0 0 0 BIANCA SALINAS DIRECTOR 0.25 X 0 0 0 DR DEREK MOORE DIRECTOR 0.25 X 0 0 0 0 0 111165 0 0 0 0 0 7930 259833 267763 391829 391829 22836 22836 240669 107316 133353 133353 133353 0 7930 14036 -14036 -14036 OTHER INCOME 611210 646 646 646 802391 646 0 533982 122452 122452 257040 257040 107316 107316 10816 10816 1294 1294 GOODWILL/PROMO EXP 30061 30061 528979 379492 149487 0 11160 -117475 1501542 1605169 20176 17016 244 58203 58203 58203 10589110 11552756 199856 189040 12380291 13304709 22768 10865 22768 10865 X 218590 296402 12138933 12997442 12357523 13293844 12380291 13304709 273412 662909 0 X 0 0 0 X 834446 1728375 269721 382626 268120 3483288 139660 135683 85433 99645 171902 632323 974106 1864058 355154 482271 440022 4115611 1687508 2428103 311770 331102 238904 363760 414665 1660201 7918 2232 4675 21282 139932 176039 5951851 0.40800 0.41220 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 1 3085 0 0 0 3085 0 PART II-B, LINE 1: NEW MEXICO JUNIOR COLLEGE FOUNDATION SPENT $3,085 TO PROMOTE VOTER AWARENESS WITH REGARD TO THE GENERAL OBLIGATION BOND 3 FOR HIGHER EDUCATION IN NEW MEXICO THAT WAS PRESENTED FOR VOTER CONSIDERATION ON THE NOVEMBER 2022 BALLOT. 10911258 119709 377771 155791 89624 23797 11139526 10421487 93493 591141 164697 11439 18727 10911258 9567485 62144 974583 164040 13474 5211 10421487 8029580 1339262 406871 178813 16388 13027 9567485 7538499 392653 289628 175440 15760 8029580 0.02000 0.98000 0 0 58203 58203 58203 1544279 662909 172259 14036 849204 695075 107316 107316 802391 607958 172259 14036 186295 421663 107316 107316 528979 PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE IN NET REVENUES 14,036. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES IN REVENUES 14,036. 1 NEW MEXICO JUNIOR COLLEGE 5317 LOVINGTON HWY HOBBS NM 88240 850193990 92824 0 PROGRAM ASSISTANCE NEW MEXICO JUNIOR COLLEGE 5317 LOVINGTON HWY HOBBS NM 88240 850193990 29628 0 WORK-STUDY 1 NMJC SCHOLARSHIPS 257 257040 FMV PART I, LINE 2: THE FOUNDATION DOES MAKE AWARDS FOR SCHOLARSHIPS TO NMJC STUDENTS. FOR THE FISCAL YEAR ENDED JUNE 30, 2023, $257,040 WAS PROVIDED IN SCHOLARSHIPS TO 218 STUDENTS WHO APPLIED FOR SCHOLARSHIP ASSISTANCE THROUGH THE FOUNDATION. STUDENTS MAY APPLY FOR SCHOLARSHIPS BY COMPLETING A NMJC FOUNDATION SCHOLARSHIP APPLICATION WHICH IS DUE TO THE FOUNDATION OFFICE BY MARCH 15, 2023. THE FOUNDATION STAFF REVIEWS THE APPLICATIONS AND SCHOLARSHIP CRITERIA AND DETERMINES THE PRELIMINARY SCHOLARSHIP AWARDS. THE SCHOLARSHIP COMMITTEE WHICH INCLUDES FOUNDATION BOARD MEMBERS, REVIEWS AWARD PROCESS, DETERMINES ANY ADJUSTMENTS THAT NEED TO BE MADE AND APPROVES FINAL SCHOLARSHIP AWARDS. SHOULD SCHOLARSHIP FUNDING REMAIN AVAILABLE, THE COMMITTEE APPROVES A PROCESS FOR THE FOUNDATION STAFF TO AWARD ADDITIONAL SCHOLARSHIPS TO QUALIFYING STUDENTS. THE SCHOLARSHIP AWARDS ARE THEN APPLIED TO THE SCHOLARSHIP RECIPIENTS' NMJC ACCOUNTS THROUGH THE NMJC FINANCIAL AID DEPARTMENT. THE FOUNDATION FUNDS SCHOLARSHIPS AWARDED THROUGH VARIOUS DEPARTMENTS ON CAMPUS. SCHOLARSHIPS MANAGED BY THE OFFICE OF NMJC VICE PRESIDENT FOR STUDENT SERVICES WERE AWARDED TO 6 STUDENTS. THE SCHOLARSHIP AWARDS ARE APPLIED TO THE SCHOLARSHIP RECIPIENTS' NMJC ACCOUNTS THROUGH THE NMJC FINANCIAL AID DEPARTMENT. THE AWARDS ARE INCLUDED IN THE INFORMATION THAT IS REPORTED ON STUDENT IRS FORMS 1098T'S. THE NMJC TRAINING AND OUTREACH DIVISION DETERMINES SCHOLARSHIP AWARDS TO STUDENTS TAKING CLASSES THROUGH THEIR PROGRAMS. THIS WAS AWARDED TO 28 STUDENTS. FORM 990, PART I, LINE 1 THE NEW MEXICO JUNIOR COLLEGE FOUNDATION IS A NON-PROFIT CORPORATION WHOSE MISSION IS TO FOSTER, ENCOURAGE AND PROMOTE COLLEGE EDUCATION (ACADEMIC, TECHNICAL, AND CAREER TECHNOLOGY) AT NEW MEXICO JUNIOR COLLEGE BY GIVING QUALIFIED PERSONS THE OPPORTUNITY TO OBTAIN ADVANCED EDUCATION BY MEANS OF FINANCIAL ASSISTANCE AND SCHOLARSHIPS; BY SOLICITING FUNDS FOR EDUCATIONAL, PHILANTHROPIC AND BENEVOLENT PURPOSES TO BE USED TO ENCOURAGE AND PROMOTE NEW MEXICO JUNIOR COLLEGE; AND BY ENCOURAGING THE EXPANSION OF FACILITIES AT THE COLLEGE THROUGH GRANTS AND ENDOWMENTS. FORM 990, PART III, LINE 1 SEE MISSION STATEMENT ON FORM 990 PART I, LINE 1. FORM 990, PART VI, SECTION A, LINE 2 JOSH MORGAN AND TINA KUNKO ARE PAID BY NEW MEXICO JUNIOR COLLEGE. MS. PAT CHAPPELLE IS THE NMJC BOARD PRESIDENT. FORM 990, PART VI, SECTION B, LINE 11B THE FOUNDATION BOARD OF DIRECTORS HAS VOTED TO HAVE THE BOARD EXECUTIVE COMMITTEE REVIEW THE FORM 990 AFTER THE FOUNDATION ACCOUNTANT HAS THOROUGHLY REVIEWED THE FORM 900 WHICH HAS BEEN PREPARED BY OUR OUTSIDE AUDIT FIRM. ONCE THE FORM 990 IS REVIEWED BY THE EXECUTIVE COMMITTEE, THE FULL BOARD IS SENT COPIES OF THE FORM 990. WHEN TIME ALLOWS, THIS PROCESS IS FOLLOWED. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE BOARD OF DIRECTORS AND EMPLOYEES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT ANNUALLY. THEY ARE REVIEWED BY THE FOUNDATION STAFF. FORM 990, PART VI, SECTION B, LINE 15 ALL SALARIES ARE PAID BY NEW MEXICO JUNIOR COLLEGE. ALL EMPLOYEES ARE SUBJECT TO THE HUMAN RESOURCES POLICIES OF NEW MEXICO JUNIOR COLLEGE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. LEA COUNTY STUDENT HOUSING LLC 5317 LOVINGTON HWY HOBBS NM 88240 NM