2025-10-10T11:39:20-04:00 2025-06-30 990 2024-07-01 471934286 Aggie Development Inc AGGI 5756462356 PO BOX 3145 Las Cruces NM 880030000 Ross Justus University Controller 5756467663 2025-10-11 2024 2025-03-06 01:10:19Z Scott Eschenbrenner PO BOX 3145 Las Cruces NM 880030000 459333 false X X 2014 NM Charitable and educational purposes to benefit New Mexico State University by: See Sch ORelieving the University of responsibilities to manage and develop University owned real estate and water rights; contributing all of the Corporations net revenues to the University; and creating learning opportunities for students. 10 4 0 0 0 0 135793 52188 234803 407145 0 0 0 0 370596 459333 0 0 0 0 0 0 0 0 0 474186 194144 474186 194144 -103590 265189 286329 551518 0 0 286329 551518 Charitable and educational purposes to benefit New Mexico State University by: relieving the University of responsibilities to manage and develop Unversity owned real estate and water rights; contributing all of the Corporations net revenues to the University; and creating learning opportunities for students. false false 23700 0 0 Site preparation; install asphalt curb and gutter roll over curb. 20911 0 0 Broker services 18957 0 0 area survey design and documents 1791 0 0 Amount reflects site cleanup tax filing fee rental fee 1791 0 0 65359 true true false false false false false false false false false false false false false false false true 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 true false false false true 0 0 true 0 false false false false false false false 0 false false false false false 10 4 false false false false false false false true true false false true true true true false false false false false NM X Ross Justus 5756467663 New Mexico State University PO Box Las Cruces NM 88003 Valerio C Ferme Chair 2.00 40.00 X X 0 375000 0 Christopher Dulany Secretary 2.00 0.00 X X 0 0 0 Laura Riley Member 2.00 0.00 X 0 0 0 Deborah Romero Member 2.00 0.00 X 0 0 0 Rolando Flores Member 2.00 40.00 X 0 286397 0 Ammu Devasthali Member 2.00 0.00 X 0 0 0 Van Bullock Member 2.00 0.00 X 0 0 0 Scott Eschenbrenner President and CEO 20.00 40.00 X 0 188655 0 Jake Readfearn Member 2.00 0.00 X 0 0 0 Chris Kinsley Treasurer 10.00 40.00 X X 0 250000 0 0 1100052 0 0 false true false 0 0 0 52188 0 0 0 52188 Rental and leasing services 532000 211516 211516 0 0 Real estate property managers 531310 195629 195629 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 407145 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 459333 407145 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 128785 0 128785 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 65356 65356 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Leasehold expenses 3 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 194144 65359 128785 0 0 0 0 0 286329 551518 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 286329 551518 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 286329 551518 0 0 286329 551518 286329 551518 265189 0 0 0 0 0 X false false false X 276126 2329 116737 135793 52188 583173 0 0 0 0 0 0 123037 136913 146748 202735 132724 742157 399163 139242 263485 338528 184912 1325330 1325330 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1325330 1067843 1 1.0000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false false Scott Eschenbrenner President and CEO 0 188655 0 0 0 0 0 0 0 0 0 188655 0 0 Rolando Flores Member 0 286397 0 0 0 0 0 0 0 0 0 286397 0 0 Valerio C Ferme Chair 0 375000 0 0 0 0 0 0 0 0 0 375000 0 0 Chris Kinsley Treasurer 0 250000 0 0 0 0 0 0 0 0 0 250000 0 0 Part VI, Line 11a As Aggie Development Incorporated is a related organization with NMSU the draft form is prepared by the Treasurer and the University Controller reviews. In addition the Form 990 is reviewed and approved by the CEO for ADI. The completion status is discussed with the ADI board and an electronic copy is made available to the board members upon request. Part VI, Line 12c The conflict of interest policy is reviewed annually with board members. All board members are asked to disclose any possible conflicts annually and upon new conflict utilizing a conflict of interest form. After disclosure of the financial interest and all material facts the interested person may make a presentation at the governing board or committee meeting but after presentation he she shall leave the meeting during discussion of and the vote on the transaction or arrangement involving the possible conflict of interest. The remaining board or committee members shall decide if a conflict of interest exists. The chair of the governing board or committee shall if appropriate appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After exercising due diligence the governing board or committee shall determine whether the Organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under the circumstances not producing a conflict of interest the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the Organizations best interest for its own benefit and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement. If it is determined that the interested person has failed to disclose an appearance of conflict of interest appropriate disciplinary and corrective action is taken by the board of directors. Part VI, Line 19 The Organization makes its governing documents conflict of interest policy and financial statements available to the public upon request. Contact information is available on the ADI website. Part IX, Line 11g Amount reflects professional services including site preparation costs as well as related materials for such site preparation. Part VI Line 13 | Explanation:| Aggie Development Incorporated does not have a written whistleblower policy. However the New Mexico State University Ethics Point hotline is available to Aggie Development Incorporated. Part VI Line 14 | Explanation:| Aggie Development Incorporated follows the state statute guidelines with respect to document retention and destruction 1.21.2 FRRDS and 1. 13 . 3 0 NMAC. New Mexico State University PO Box 30001 MSC 3AA Las Cruces NM 88003 856000401 Education NM N/A N/A false false false true false false false false false false false false false false true true false false false false New Mexico State University N 132724 % of effort and space New Mexico State University O 128785 % of effort