2025-05-29T12:37:24-04:00 2024-12-31 455427807 AFSHAR CPA PC 17671 IRVINE BLVD STE 103 TUSTIN CA 92780 990 2024-01-01 880721683 VIDA MEJOR CAPITAL INC % EDWARD S LOPEZ VIDA 9494781181 347 EAGLE DR Ohkay Owingeh NM 87566 EDWARD S LOPEZ PRESIDENT 9494781181 2025-05-21 false true ELIJAH SALAS P03158997 9492752884 2025-05-29 2024 2025-03-06 01:10:19Z EDWARD S LOPEZ 347 EAGLE DR Ohkay Owingeh NM 87566 279345 false X X 2022 NM SEE SCH O 7 7 2 0 0 279345 0 0 0 279345 0 0 88972 0 30810 142423 231395 47950 13278 45535 13949 0 -671 45535 X SEE SCH O true false 75671 RURAL BUSINESS DEVELOPMENT GRANT- VMC PROVIDED EXPERT INDEPENDENT CONSULTANTS TO PROVIDE ONE-ON-ONE TECHNICAL ASSISTANCE TO 5 NATIVE OWNED RURAL SMALL BUSINESSES. THIS ONGOING PROJECT IS DESIGNED TO PROMOTE JOB GROWTH AND RETENTION, TRAINING AND TECHNICAL ASSISTANCE, AND OTHER BUSINESS ORIENTED DEVELOPMENTAL SUPPORT. IN FY 2024 VIDA MEJOR CAPITAL OVERSAW THE DISTRIBUTION OF OVER $21K IN GRANTS TO ELIGIBLE BUSINESSES FOR THE INITIAL STAGE OF IDENTIFYING NEEDS, HIRING CONSULTANTS, AND DEVELOPING WORKPLANS. 72152 HEALTHY FOOD FINANCING FUND (HFFF): VIDA MEJOR CAPITAL IS A STATE FUND ADMINISTRATOR FOR THE NEW MEXICO ECONOMIC DEVELOPMENT DEPARTMENT HFFF. THIS PROGRAM SERVES TO INCREASE ACCESS TO FOOD FOR HISTORICALLY UNDER-RESOURCED COMMUNITIES, ADDRESS WORKFORCE DEVELOPMENT CHALLENGES THROUGH THE CREATION AND RETENTION OF JOBS IN THE AGRICULTURAL AND FOOD SUPPLY CHAIN, STRENGTHEN AND DIVERSIFY IN-STATE MARKET CHANNELS ACCESS FOR SMALL AND MID-SCALE FOOD AND AGRICULTURAL OPERATIONS, ADVANCE FOOD SAFE STORAGE AND TRANSPORTATION, AND SUPPORT PRODUCERS IN THE IMPLEMENTATION OF REGENERATIVE AGRICULTURAL PRACTICES. IN FISCAL YEAR 24 VIDA MEJOR CAPITAL IN COLLABORATION WITH THE NEW MEXICO ECONOMIC DEVELOPMENT DEPARTMENTS HFFF WERE ABLE TO FUND 20 BUSINESSES WITH $950,000 TO ACHEIVE THOSE GOALS. FUNDING INCREASED BY $440,000 FOR A 86% INCREASE YEAR OVER YEAR AND AN ADDITIONAL 7 BUSINESSES. IMPROVING THE CONDIITON OF NM FOOD DESERTS AND ACCESS TO FOOD. 12318 HEALTHY FOOD FINANCING INITIATIVE (HFFI) - VMC IS A PARTNER IN THE USDA PROGRAM WHICH SERVES UNDERSERVED COMMUNITIES IN ACCESSING HEALTHY AND FRESH FOOD. INITIAL LAUNCH PHASE OF THE PROGRAM AT VMC BEGAN IN FY2024 AND WILL CONTINUE INTO FY25 WHEN THE FIRST IMPACTS WILL BECOME AVAILABLE. 160141 true true false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 6 0 true 2 true false false false false false false false false false false false false false false false false false X 7 7 true false false false false false false true true false false true true true true true true true true false NM X EDWARD S LOPEZ 9494781181 347 EAGLE DR Ohkay Owingeh NM 87566 EDWARD S LOPEZ PRESIDENT 20.00 0.00 X 55000 0 0 JULIE CRANSTON TREASURER 10.00 0.00 X 37125 0 0 SANDRA RUBALCAVA KEY EMPLOYEE 10.00 0.00 X 35478 0 0 RUSS GARCIA DIRECTOR 0.00 0.00 X 0 0 0 KARA WARD DIRECTOR 0.00 0.00 X 0 0 0 CASEY DERAAD DIRECTOR 0.00 0.00 X 0 0 0 KURT HENRY DR DIRECTOR 0.00 0.00 X 0 0 0 JEFF ATENCIO DIRECTOR 0.00 0.00 X 0 0 0 127603 0 0 0 false false false 227349 51996 9745 279345 0 279345 0 0 0 X 50000 45500 4500 32113 29223 2890 6859 6242 617 4867 4429 438 8732 7946 786 70341 64010 6331 3387 1770 175 1442 180 161 19 3073 3073 30078 3935 26143 104 104 2600 2600 MEMBERSHIP FEES 875 875 SOFTWARE 6167 6167 TAXES AND LICENSES 53 53 BANK AND MERCHANT FEES 443 291 152 11523 860 10663 231395 160141 40444 30810 13019 45380 1622 1467 259 155 13278 45535 13949 13949 0 X -671 45535 -671 45535 13278 45535 47950 -1744 0 X false false false X 187500 264405 451905 187500 264405 451905 176112 275793 451905 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1622 1467 155 155 Officer directors etc family relationship Part VI line 2 SCOTT LOPEZ AND SANDRA RUBACLAVA HAVE A FAMILIAL RELATIONSHIP. Form 990 governing body review Part VI line 11 A COPY OF THE RETURN WAS REVIEWED WITH THE OFFICERS OF THE ORGANIZATION PRIOR TO SIGNATURE AND FILING. Conflict of interest policy compliance Part VI line 12c THE ORGANIZATIONS WRITTEN CONFLICT OF INTEREST POLICY APPLIES TO ALL OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES. CEO executive director top management comp Part VI line 15a OFFICER AND TOP MANAGEMENT SALARY IS DETERMINED BY BOARD REVIEW, CONSIDERATION AND APPROVAL. ANY RELATED PERSONS ARE NOT INVOLVED. Other officer or key employee compensation Part VI line 15b KEY EMPLOYEE INCOME IS DETERMINED BY REVIEW, CONSIDERATION, AND APPROVAL OF THE BOARD. ANY RELATED PERSONS ARE NOT INVOLVED. Governing documents etc available to public Part VI line 19 APPLICABLE DOCUMENTS ARE AVAILABLE UPON REQUEST. Significant program services not listed on prior year return Part III line 2 VIDA MEJOR CAPITAL HAS BEGUN A NEW PROGRAM UNDER THE USDA PROGRAM - HEALTHY FOOD FINANCING INITIATIVE (HFFI). THIS PROGRAM WILL SERVE TO PROVIDE FINANCIAL AND TECHNICAL ASSISTANCE TO HELP GRANTEES ESTABLISH FRESH AND HEALTHY FOOD ALTERNATIVES IN UNDERSERVED COMMUNITIES. THE HFFI PROGRAM IN CONJUNCTION WITH VMC WILL BEGIN IN FY 2024 WITH THE FIRST REPORTABLE METRICS ESTABLISHED IN 2025 AND ON. List of other fees for services expenses Part IX line 11g CONTRACT LABOR $63,817; GRANT CONSULTANTS $6,527. Part III response or note to any other line in Part III PRIMARY EXEMPT PURPOSE: AT VIDA MEJOR CAPITAL, OUR MISSION IS TO EMPOWER NEW MEXICAN SMALL BUSINESSES THROUGH TECHNICAL ASSISTANCE AND EQUITABLE ACCESS TO CAPITAL, WITH A DEDICATED FOCUS ON ADVANCING FOOD JUSTICE, FOOD SOVEREIGNTY, AND ADDRESSING ISSUES OF ENERGY AND DIGITAL INEQUITY. WE ARE COMMITTED TO FOSTERING SUSTAINABLE DEVELOPMENT BY PROVIDING THE NECESSARY RESOURCES AND SUPPORT TO INDIVIDUALS AND ORGANIZATIONS WORKING TOWARDS A MORE JUST AND INCLUSIVE SOCIETY. GUIDED BY PRINCIPLES OF FAIRNESS AND COLLABORATION, VIDA MEJOR CAPITAL STRIVES TO CREASTE LASTING POSITIVE IMPACTS IN THE REALMS OF SOCIAL AND ENVIRONMENTAL JUSTICE, ENSURING A BETTER QUALITY OF LIFE FOR ALL.