2025-09-16T13:51:41-04:00 2024-12-31 203746583 TAYLOR ROTH AND COMPANY 1580 LINCOLN ST STE 520 DENVER CO 802031517 990 2024-01-01 311611995 THINK NEW MEXICO THIN 5059921315 505 DON GASPAR AVE SANTA FE NM 87505 FRED NATHAN JR SECRETARY/EXEC DIR 5059921315 2025-09-16 true true SHANNON L GILLILAND P02243875 3038308109 2025-09-16 2024 2025-03-06 01:10:19Z ROBERTA COOPER RAMO 505 DON GASPAR AVE SANTA FE NM 87505 2583959 false X WWW.THINKNEWMEXICO.ORG X 1998 NM EDUCATION AND PUBLIC POLICY RESEARCH 12 11 11 11 -31342 1579652 2340756 0 75841 128583 -30640 -21032 1624853 2448307 0 0 606653 769954 0 96839 227831 289547 834484 1059501 790369 1388806 6611980 7479051 1798293 1092495 4813687 6386556 X EDUCATION AND PUBLIC POLICY RESEARCH false false 900272 IN 2024, THINK NEW MEXICO RESEARCHED, WROTE, AND PUBLISHED A POLICY REPORT TITLED, SOLVING NEW MEXICOS HEALTH CARE WORKER SHORTAGE, WHICH LAID OUT A 10-POINT PLAN WITH 20 SEPARATE LEGISLATIVE RECOMMENDATIONS TO ADDRESS THE URGENT CRISIS OF NEW MEXICOS HEALTH CARE WORKER SHORTAGE. COPIES OF THE REPORT WERE DISTRIBUTED TO MORE THAN 20,000 NEW MEXICANS AS PART OF OUR EXTENSIVE PUBLIC EDUCATION EFFORTS AROUND THIS ISSUE. THINK NEW MEXICO DEVELOPED LEGISLATION TO IMPLEMENT FOUR OF OUR PROPOSED REFORMS AND ORGANIZED A DIVERSE COALITION OF SUPPORTERS TO ADVOCATE FOR THEM DURING THE 2025 LEGISLATIVE SESSION. DURING THE 2025 SESSION, WE SUCCESSFULLY CHAMPIONED THE ENACTMENT OF A NEW PERMANENT TRUST FUND FOR MEDICAID, WITH 511 MILLION IN FUNDING OVER THE NEXT THREE YEARS AND A GOAL OF 2 BILLION. WHEN IT REACHES THAT 2 BILLION TARGET, THE FUND WILL GENERATE 100 MILLION IN STATE FUNDING FOR MEDICAID ANNUALLY. WITH A 3:1 FEDERAL MATCH, THAT WILL MAKE 400 MILLION AVAILABLE TO INCREASE REIMBURSEMENT RATES FOR HEALTH CARE PROVIDERS. IN ADDITION, DURING 2024, THINK NEW MEXICO CONTINUED OUR ONGOING EFFORT TO DRAMATICALLY IMPROVE STUDENT OUTCOMES IN NEW MEXICOS PUBLIC SCHOOLS. THINK NEW MEXICO ENGAGED IN EXTENSIVE PUBLIC EDUCATION EFFORTS ABOUT OUR REFORMS. IN 2024, WE WON PASSAGE OF LEGISLATION ENHANCING THE TRAINING AND TRANSPARENCY REQUIREMENTS FOR LOCAL SCHOOL BOARD MEMBERS, AND IN 2025, WE HELPED PASS LEGISLATION TO IMPROVE TRAINING FOR SCHOOL PRINCIPALS AND TO ENSURE THAT TEACHERS LEARN THE BEST PRACTICES FOR TEACHING STUDENTS HOW TO READ. FINALLY, IN 2024, THINK NEW MEXICO CONTINUED ITS LEADERSHIP INTERNSHIP PROGRAM, WHICH AIMS TO RETAIN A NEW GENERATION OF POTENTIAL LEADERS IN NEW MEXICO BY TEACHING THEM HOW THEY CAN MAKE A DIFFERENCE IN THEIR HOME STATE. IN 2024, THE INTERNSHIP PROGRAM SERVED SIX STUDENTS FROM ACROSS NEW MEXICO, TRAINING THEM HOW TO DEVELOP AND ENACT SOUND PUBLIC POLICY AND INTRODUCING THEM TO KEY POLICYMAKERS AND OPINION LEADERS. 900272 true true false true false false false false false true true false false false true true false true false false false false false false false false false false false true false false false false false false false false true false false false true false false false false true 11 0 true 11 true true true false false false false false false false false false false false X 12 11 false false false false false false false true true false false true true true true true true true true false NM X X X SUSAN MARTIN 5059921315 505 DON GASPAR AVE SANTA FE NM 87505 FRED NATHAN JR SECRETARY/EX 55.00 X X 142671 0 52467 KRISTINA FISHER ASSOCIATE DI 50.00 X 122718 0 24382 PHELPS ANDERSON DIRECTOR 1.00 X 0 0 0 CLARA APODACA DIRECTOR 1.00 X 0 0 0 PAUL BARDACKE DIRECTOR 1.00 X 0 0 0 NOTAH BEGAY III DIRECTOR 1.00 X 0 0 0 GARREY CARRUTHERS DIRECTOR 1.00 X 0 0 0 LADONNA HARRIS DIRECTOR 1.00 X 0 0 0 LIDDIE MARTINEZ DIRECTOR 1.00 X 0 0 0 JUDITH NAKAMURA DIRECTOR 1.00 X 0 0 0 ROBERTA COOPER RAMO CHAIR 1.00 X X 0 0 0 EDWARD LUJAN VICE-CHAIR 1.00 X X 0 0 0 JACQUELINE BACA TREASURER 1.00 X X 0 0 0 265389 76849 2 false true false 2340756 671316 2340756 128583 128583 111739 135652 -23913 -23913 -31342 7429 OTHER REVENUE 541900 2881 2881 2881 2448307 2881 -31342 136012 195137 167819 13658 13660 461785 410629 14269 36887 29533 26282 742 2509 36068 32420 422 3226 47431 41739 1898 3794 1005 1005 12928 12928 3796 3796 6186 4577 1609 159784 135783 1497 22504 17448 10560 416 6472 65795 57900 2631 5264 5355 4284 535 536 1370 1205 55 110 3347 2945 134 268 MISCELLANEOUS 12200 12200 INTERNSHIP PROGRAM 333 333 1059501 900272 62390 96839 87339 68746 1181948 887306 25000 1329 8238 2765462 92540 2635090 2672922 2537598 3816839 168676 6611980 7479051 14988 15515 1753629 1070480 29676 6500 1798293 1092495 X 4417922 5058129 395765 1328427 4813687 6386556 6611980 7479051 X 1388806 184063 X false true X true false X 730079 1104665 1156366 1579652 2340756 6911518 730079 1104665 1156366 1579652 2340756 6911518 483000 6428518 35281 47393 52619 112865 154738 402896 7314414 5264 0.87890 0.93640 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4833 20737 25570 1033931 1059501 180950 45238 121948 135732 150173 180950 588803 883205 38089 20074 46264 25570 129997 30487 33933 37543 45238 147201 220802 7585 3724 8099 4833 24241 280765 852256 35221 -5302 1162940 232633 150000 22010 -123878 280765 282086 600 -38596 -11457 232633 265251 250 25461 -8876 282086 224222 250 20687 -4908 240251 0.97220 0.02780 false false 671215 671215 2082722 82768 1999954 11525 9772 1753 2672922 DEPOSITS HELD FOR OTHERS 6500 6500 X 2784220 184063 18198 135652 337913 2446307 2000 2000 2448307 1211351 18198 135652 153850 1057501 2000 2000 1059501 SCHEDULE D, PAGE 2, PART V, LINE 4 THE ENDOWED FUNDS ARE INTENDED TO PROVIDE A FUTURE SOURCE OF INCOME AND/OR FUNDS FOR EXTRAORDINARY FINANCIAL NEED OR CAPITAL IMPROVEMENT. SCHEDULE D, PAGE 3, PART X THINK NEW MEXICO IS A NONPROFIT ORGANIZATION AND QUALIFIES AS A TAX- EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ADDITIONALLY, THE ORGANIZATION HAS A 501(H) ELECTION WHICH PERMITS THE ORGANIZATION TO CALCULATE THE SPECIFIC AMOUNT THAT MAY BE SPENT TO INFLUENCE LEGISLATION. THINK NEW MEXICO REGULARLY EVALUATES ACTIVITIES AS IT RELATES TO ITS TAX- EXEMPT STATUS. IF THINK NEW MEXICO'S ACTIVITIES ARE DETERMINED TO BE OUTSIDE OF ITS TAX-EXEMPT STATUS, THE POTENTIAL EXISTS FOR TAX LIABILITIES ON THOSE UNRELATED ACTIVITIES. DURING THE YEAR ENDED DECEMBER 31, 2024, THINK NEW MEXICO ENGAGED IN DEBT-FINANCED RENTAL ACTIVITIES THAT ARE CONSIDERED UNRELATED BUSINESS INCOME, AND ACCORDINGLY, THE ORGANIZATION FILES FORM 990-T, EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN, TO ACCOUNT FOR THIS ACTIVITY. THE TAX LIABILITY, IF ANY, IS EXPECTED TO BE IMMATERIAL, AND NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THINK NEW MEXICO'S CONSOLIDATED FINANCIAL STATEMENTS. SCHEDULE D, PAGE 4, PART XI, LINE 2D LESS RENTAL EXPENSE HEADQUARTERS 116,926 LESS RENTAL EXPENSE SUBLET 18,726 SCHEDULE D, PAGE 4, PART XII, LINE 2D LESS RENTAL HEADQUARTERS 116,926 LESS RENTAL SUBLET 18,726 X false false false false false false false false false FRED NATHAN JR SECRETARY/EXEC DIR 142671 14645 37822 195138 X 8 671316 FAIR VALUE false true true SCHEDULE M, PAGE 1, PART I, LINE 32B THE ORGANIZATION USES A THIRD PARTY TO PROCESS/SELL VEHICLE DONATIONS. FORM 990, PAGE 1, PART I, LINE 6 MEMBERS OF THE BOARD OF DIRECTORS SERVE IN A VOLUNTEER CAPACITY. FORM 990, PAGE 2, PART III, LINE 4A IN 2024, THINK NEW MEXICO RESEARCHED, WROTE, AND PUBLISHED A POLICY REPORT TITLED, SOLVING NEW MEXICOS HEALTH CARE WORKER SHORTAGE, WHICH LAID OUT A 10-POINT PLAN WITH 20 SEPARATE LEGISLATIVE RECOMMENDATIONS TO ADDRESS THE URGENT CRISIS OF NEW MEXICOS HEALTH CARE WORKER SHORTAGE. COPIES OF THE REPORT WERE DISTRIBUTED TO MORE THAN 20,000 NEW MEXICANS AS PART OF OUR EXTENSIVE PUBLIC EDUCATION EFFORTS AROUND THIS ISSUE. THINK NEW MEXICO DEVELOPED LEGISLATION TO IMPLEMENT FOUR OF OUR PROPOSED REFORMS AND ORGANIZED A DIVERSE COALITION OF SUPPORTERS TO ADVOCATE FOR THEM DURING THE 2025 LEGISLATIVE SESSION. DURING THE 2025 SESSION, WE SUCCESSFULLY CHAMPIONED THE ENACTMENT OF A NEW PERMANENT TRUST FUND FOR MEDICAID, WITH 511 MILLION IN FUNDING OVER THE NEXT THREE YEARS AND A GOAL OF 2 BILLION. WHEN IT REACHES THAT 2 BILLION TARGET, THE FUND WILL GENERATE 100 MILLION IN STATE FUNDING FOR MEDICAID ANNUALLY. WITH A 3:1 FEDERAL MATCH, THAT WILL MAKE 400 MILLION AVAILABLE TO INCREASE REIMBURSEMENT RATES FOR HEALTH CARE PROVIDERS. IN ADDITION, DURING 2024, THINK NEW MEXICO CONTINUED OUR ONGOING EFFORT TO DRAMATICALLY IMPROVE STUDENT OUTCOMES IN NEW MEXICOS PUBLIC SCHOOLS. THINK NEW MEXICO ENGAGED IN EXTENSIVE PUBLIC EDUCATION EFFORTS ABOUT OUR REFORMS. IN 2024, WE WON PASSAGE OF LEGISLATION ENHANCING THE TRAINING AND TRANSPARENCY REQUIREMENTS FOR LOCAL SCHOOL BOARD MEMBERS, AND IN 2025, WE HELPED PASS LEGISLATION TO IMPROVE TRAINING FOR SCHOOL PRINCIPALS AND TO ENSURE THAT TEACHERS LEARN THE BEST PRACTICES FOR TEACHING STUDENTS HOW TO READ. FINALLY, IN 2024, THINK NEW MEXICO CONTINUED ITS LEADERSHIP INTERNSHIP PROGRAM, WHICH AIMS TO RETAIN A NEW GENERATION OF POTENTIAL LEADERS IN NEW MEXICO BY TEACHING THEM HOW THEY CAN MAKE A DIFFERENCE IN THEIR HOME STATE. IN 2024, THE INTERNSHIP PROGRAM SERVED SIX STUDENTS FROM ACROSS NEW MEXICO, TRAINING THEM HOW TO DEVELOP AND ENACT SOUND PUBLIC POLICY AND INTRODUCING THEM TO KEY POLICYMAKERS AND OPINION LEADERS. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS DISTRIBUTED TO AND REVIEWED IN DETAIL BY THE BOARD OF DIRECTORS PRIOR TO FILING. THE BOARD IS ENCOURAGED TO DISCUSS NOTEABLE ITEMS AND DISCLOSURES BEFORE FINAL BOARD APPROVAL. FORM 990, PAGE 6, PART VI, LINE 12C OFFICERS, DIRECTORS, AND EMPLOYEES ARE AWARE OF THE CONFLICT OF INTEREST POLICY, AND ANY POTENTIAL CONFLICTS ARE DISCLOSED TO THE APPROPRIATE LEVEL OF MANAGEMENT FOR RESOLUTION. CONFLICT OF INTEREST DISCLOSURES ARE COMPLETED ANNUALLY. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD EVALUATES THE EXECUTIVE DIRECTOR'S PERFORMANCE AND SETS COMPENSATION AS PART OF THE BUDGET APPROVAL PROCESS. IN MAKING THE DECISION, COMPARABILITY DATA ARE CONSIDERED. PROCESS RESULTS ARE CONTEMPORANEOUSLY DOCUMENTED IN BOARD OR COMMITTEE MINUTES. FORM 990, PAGE 6, PART VI, LINE 15B THE EXECUTIVE DIRECTOR EVALUATES EMPLOYEE PERFORMANCE AND SETS COMPENSATION AS PART OF THE BUDGET PROCESS. THE BOARD REVIEWS AND APPROVES THE ANNUAL BUDGET. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE ALSO POSTED TO THE ORGANIZATION'S WEBSITE. FORM 990, PART XI, LINE 9 LESS RENTAL EXPENSE HEADQUARTERS 116,926 LESS RENTAL EXPENSE SUBLET 18,726 LESS RENTAL HEADQUARTERS -116,926 LESS RENTAL SUBLET -18,726 THINKNMRE LLC 505 DON GASPAR AVE SANTA FE NM 87505 922624142 REALESTATE NM 85584 2893640 THINK NM