2025-07-18T19:04:47-04:00 2024-09-30 850232815 HINKLE LANDERS PC 2500 9TH ST NW ALBUQUERQUE NM 871021055 990 2023-10-01 465367784 VENTANA FUND VENT 5053772053 PO BOX 25483 ALBUQUERQUE NM 87125 D TODD CLARKE CHAIR 5053772053 2025-07-18 true true FARLEY VENER P00162894 5058838788 2025-07-18 2023 2025-03-06 01:10:19Z D TODD CLARKE 715 TIJERAS AVE NW ALBUQUERQUE NM 87102 4099688 false X WWW.VENTANAFUND.ORG X 2014 NM VENTANA FUND PROVIDES EARLY STAGE FINANCING FOR AFFORDABLE HOUSING IN NEW MEXICO'S UNDERSERVED COMMUNITIES. 13 13 3 13 0 160000 2575021 880455 1252215 802329 272452 0 1842784 4099688 0 0 111062 311395 0 20800 1036703 1169535 1147765 1480930 695019 2618758 27130256 38718982 19177308 28147276 7952948 10571706 VENTANA FUND PROVIDES EARLY STAGE FINANCING FOR AFFORDABLE HOUSING IN NEW MEXICO'S UNDERSERVED COMMUNITIES. false false 1006613 1252215 VENTANA FUND PROVIDES FINANCING AND DEVELOPMENT SERVICES FOR LOW INCOME PERSONS IN THE STATE OF NEW MEXICO WITH AN EMPHASIS ON HOUSING LOCATED IN ECONOMICALLY DISTRESSED COMMUNITIES AND HOUSING MARKET NICHES THAT ARE UNDERSERVED BY TRADITIONAL FINANCIAL INSTITUTIONS. 1006613 true true false false false false false false false false false false false false false true true false false false false false false false false false false false false false false false false false false true false false false false false false true false false false false true 7 0 true 3 true false false false false false false false false false false false false X 13 13 false false false false false false false true true false false true true true true false false false false false NM X X X LOFTIS LOVATO GROUP LLC 5052935009 5501 EAGLE ROCK AVE SUITE C-5 ALBUQUERQUE NM 87113 X D TODD CLARKE CHAIR 8.00 X X 0 0 0 PETER GINERIS VICE CHAIR 1.00 X X 0 0 0 JESSICA KUHN SECRETARY 1.00 X X 0 0 0 HOLLY BARELA TREASURER 1.00 X X 0 0 0 KAMAL ALI MEMBER 1.00 X 0 0 0 STEVE ANAYA MEMBER 1.00 X 0 0 0 ELIZABETH BERNAL MEMBER 1.00 X 0 0 0 SHAWN COLBERT MEMBER 1.00 X 0 0 0 HANNAH FEIL GREENHOOD MEMBER 1.00 X 0 0 0 LEANN KEMP MEMBER 1.00 X 0 0 0 ROBBIE LEVEY MEMBER 1.00 X 0 0 0 GEORGE MAESTAS MEMBER 1.00 X 0 0 0 F TASHA MARTINEZ MEMBER 1.00 X 0 0 0 false false false STELZNER WINTER WARBURTON FLORES SANCHEZ & DAWES PA PO BOX 528 ALBUQUERQUE NM 87103 LEGAL 102551 1 2575021 2575021 MORTGAGE INTEREST 522292 1074726 1074726 LOAN FEES 531110 175518 175518 OTHER OPERATING INCOME 522292 1971 1971 1252215 272452 272452 4099688 1252215 272452 X 265681 124072 123808 17801 5736 2575 2792 369 18823 8448 9162 1213 21155 9880 9858 1417 348234 135163 213071 51028 39157 11871 24106 24106 10783 10783 44312 31156 13156 5250 605 4645 463426 463331 95 8717 8717 PROVISION FOR LOAN LOSSES 188369 188369 PROFESSIONAL DEVELOPMENT 11880 11880 BANK FEES 4956 20 4936 DUES AND SUBSCRIPTIONS 3342 3342 5132 3837 1295 1480930 1006613 453517 20800 785978 482664 4708883 9285410 48736 21566532 28927024 13122 16419 7005 7465 27130256 38718982 783057 436849 2637484 62463 15756767 27647964 19177308 28147276 X 1838060 4292364 6114888 6279342 7952948 10571706 27130256 38718982 2618758 X false true X true true true X 794606 6330 1666265 160000 2575021 5202222 358142 568425 684095 880455 1252215 3743332 1152748 574755 2350360 1040455 3827236 8945554 8945554 14826 3970 11609 39813 272452 342670 14826 3970 11609 39813 272452 342670 1167574 578725 2361969 1080268 4099688 9288224 0.96310 0.98200 0.04000 0.01000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 4099688 4099688 4099688 1480930 1480930 1480930 SCHEDULE D, PAGE 3, PART X INCOME TAXES ARE NOT PROVIDED FOR IN THE CONSOLIDATED FINANCIAL STATEMENTS BECAUSE VENTANA FUND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR STATE PROVISIONS, AND VALENCIA PARK IS CONSIDERED A DISREGARDED ENTITY FOR TAX FILING PURPOSES. VENTANA FUND IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. VENTANA FUND HAD NO TAXABLE UNRELATED BUSINESS INCOME FOR THE YEARS ENDED SEPTEMBER 30, 2024 OR 2023. VENTANA FUND FILES ITS FEDERAL FORM 990 TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND THE ONLINE CHARITABLE REGISTRATION LOCATED ON NEW MEXICO DEPARTMENT OF JUSTICES WEBSITE. D TODD CLARKE BOARD CHAIR BROKER COMMISSIONS false SCHEDULE L, PART V THE BOARD CHAIRS COMPANY SERVED AS THE LISTING BROKER FOR 17 OF THE 49 OUTSTANDING MORTGAGE RECEIVABLES. WHILE THE ORGANIZATION DID NOT PROVIDE DIRECT COMPENSATION TO THE BOARD CHAIRS COMPANY, THE COMPANY EARNED COMMISSIONS FROM THIRD-PARTY SELLERS AS PART OF THESE TRANSACTIONS. TO AVOID ANY CONFLICT OF INTEREST, THE BOARD CHAIR ABSTAINS FROM VOTING WHEN SUCH TRANSACTIONS ARE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI PROCESS TO ELECT BOARD MEMBERS: CANDIDATES TO SERVE ON VENTANA FUND'S BOARD OF DIRECTORS ARE RECOMMENDED BY THE SITTING DIRECTORS. POTENTIAL DIRECTORS ARE IDENTIFIED AND THEIR CURRICULUM VITAE IS PRESENTED TO THE FULL BOARD. NEW DIRECTORS MAY BE ELECTED AT ANY MEETING WHERE THERE IS A QUORUM OF THE BOARD. THE CORPORATION MAY ADOPT ADDITIONAL POLICIES AND PROCEDURES TO VET POTENTIAL DIRECTORS, VALIDATE THEIR QUALIFICATION, AND ASSIST THE BOARD IN THE SELECTION PROCESS, PROVIDED THAT SUCH POLICIES AND PROCEDURES ARE APPLIED EVENLY AND CONSISTENTLY TO ALL POTENTIAL NEW DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 11B THE BOARD WILL REVIEW AND APPROVE THE FORM 990 AT ANY MEETING WHERE THERE IS A QUORUM OF THE BOARD OR BY UNANIMOUS WRITTEN CONSENT OF THE BOARD VIA EMAIL. FORM 990, PAGE 6, PART VI, LINE 12C THE CONFLICT OF INTEREST POLICY, ALSO KNOWN AS THE "CODE OF CONDUCT", IS ENFORCED BY HAVING BOARD MEMBERS SUBMIT NEW DISCLOSURES EVERY YEAR; THOSE ARE KEPT ON FILE BY THE MANAGING ENTITY. THE BOARD CHAIR REMINDS THE BOARD TO DISCLOSE ANY CONFLICTS OF INTEREST PRIOR TO VOTES APPROVING LOANS. FORM 990, PAGE 6, PART VI, LINE 19 VENTANA FUND'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS WILL BE AVAILABLE UPON REQUEST BY CONTACTING VENTANA FUND'S EXECUTIVE DIRECTOR AT THE CONTACT INFORMATION LISTED ON THE WEBSITE, VENTANAFUND.ORG. FORM 990, PART IX, LINE 11G CONTRACT SERVICES & PROF FEES 135,163 213,071 0 VALENCIA PARK LLC-DISSOLVED 9424 715 TIJERAS AVE NW ALBUQUERQUE NM 87102 832948280 RENTAL NM VENTANA FU