2025-02-19T14:50:34-05:00 2024-06-30 850219147 PULAKOS CPAS PC 6753 ACADEMY RD NE ALBUQUERQUE NM 87109 990 2023-07-01 850470705 SANTA FE RAILYARD COMMUNITY CORPORATION SANT 5059823373 332 READ STREET SANTA FE NM 87501 CHRIS CALVERT BOARD PRESIDENT 5059823373 2025-02-19 true false ROBERT A DEPASQUALE CPA P00446108 5053381500 2025-02-19 2023 2025-03-06 01:10:19Z CHRISTINE ROBERTSON 332 READ STREET SANTA FE NM 87501 2084807 false X HTTPS://SFRAILYARDCC.ORG X 1998 NM TO ASSIST THE CITY OF SANTA FE IN REVITALIZING AND MANAGING THE RAILYARD PROPERTIES. 10 10 5 10 0 0 2034269 2069596 7922 15211 0 2042191 2084807 0 0 357417 356820 0 0 1484795 1612946 1842212 1969766 199979 115041 4457308 3735291 7232649 6395591 -2775341 -2660300 X TO TRANSFORM THE HISTORIC RAILYARD INTO A SUSTAINABLE AND INVITING PUBLIC SPACE FOR RECREATIONAL, SOCIAL, ASTISTIC, AND COMMERCIAL ACTIVITIES IN A WAY THAT EMBRACES SANTA FE'S CULTUAL AND HISTORICAL SIGNIFICANCE AND UPHOLDS THE COMMUNITY'S VISION. false false 1868679 2069596 THE ORGANIZATION HAS A LONG-TERM LEASE AND MANAGEMENT AGREEMENT WITH THE CITY OF SANTA FE FOR THE RAILYARD PROPERTY THAT IS CONSISTENT WITH THE AMENDED METROPOLITAN REDEVELOPMENT PLAN FOR THE CITY OF SANTA FE AND SANTA FE RAILYARD MASTER PLAN DESIGN GUIDELINES. THE ORGANIZATION PROVIDES MANAGEMENT OF THE PROPERTY, INCLUDING 40 TENANTS, SOME OF WHICH ARE 501 (C) (3) ORGANIZATIONS, AND IMPLEMENTS THE REDEVELOPMENT OF THE RAILYARD PROPERTY, INCLUDING ACQUISITION OF NEW TENANTS AND CONSTRUCTION OF NEW INFRASTRUCTURE. IN ADDITION, THE ORGANIZATION MANAGED OVER 60 PUBLIC EVENTS THAT WERE HELD ON SANTA FE RAILYARD PROPERTY. 1868679 true false false false false false false false false false true false false true true true 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 true false false false true 19 0 5 false false false false false false false false false false false false false X 10 10 false false false false false false false true true false false true true true true true true true true false NM X X EUN HONG CPA 5059922906 228 S ST FRANCIS DRIVE BLG C-1 SANTA FE NM 87501 OUIDA MACGREGOR DIRECTOR TO 2.00 0.00 X 0 0 0 RICHARD CZOSKI DIRECTOR 2.00 0.00 X 0 0 0 ROBERT DUNN DIRECTOR 2.00 0.00 X 0 0 0 PATRICK VARELA DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL CHAMBERLAIN DIRECTOR 2.00 0.00 X 0 0 0 RON PACHECO DIRECTOR 2.00 0.00 X 0 0 0 ROSEMARY ROMERO DIRECTOR 3.00 0.00 X 0 0 0 ELLEN BRADBURY SECRETARY 2.00 0.00 X X 0 0 0 OSCAR RODRIGUEZ TREASURER 2.00 0.00 X X 0 0 0 JACQUES PAISNER VICE PRESIDE 2.00 0.00 X X 0 0 0 CHRIS CALVERT BOARD PRESID 8.00 0.00 X X 0 0 0 CHRISTINE ROBERTSON EXECUTIVE DI 40.00 0.00 X 120000 0 15853 120000 15853 1 false false false HIGH DESERT LANDSCAPE MAINTENANCE PO BOX 28057 SANTA FE NM 87592 LANDSCAPING 201527 1 SUBLEASE RENTAL INCOME 531310 1981172 1981172 EVENT RENTS 531310 88424 88424 2069596 15211 15211 2084807 2069596 15211 136783 112162 24621 171847 140915 30932 18888 15488 3400 29302 24028 5274 55579 45858 9721 4276 3528 748 98205 98103 102 60332 47565 12767 29305 24030 5275 4099 3254 845 3864 3168 696 31118 25517 5601 LEASE EXP- CITY OF SF 873281 873281 REPAIRS AND MAINT. 246335 246335 PARKING COSTS 200432 200432 UTILITIES 6120 5015 1105 1969766 1868679 101087 0 201186 185043 25000 25076 25563 29949 29443 25611 227318 208985 1526 18333 4174590 3451279 4457308 3735291 44653 58597 7187996 6336994 7232649 6395591 X -2775341 -2660300 -2775341 -2660300 4457308 3735291 115041 X false true X true false X X 1 CITY OF SANTA FE NM 856000168 6 true 1326168 0 1 1326168 0 true false false false false false false false false false false false false false false true false false X PART IV, SECTION D, LINE 2 THE ORGANIZATION WAS FORMED SOLELY TO PRESERVE AND REDEVELOP THE SANTA FE RAILYARD AS A HISTORICAL, CULTURAL AND ECONOMIC RESOURCE FOR THE CITY OF SANTA FE. THIS CONTINUES TO BE IT'S SOLE PURPOSE. AS SUCH, MEMBERS OF THE BOARD REGULARLY ATTEND CITY COUNCIL MEETINGS AND MEET WITH CITY OFFICIALS TO REPORT ON THE ORGANIZATION'S ACTIVITIES. PART IV, SECTION E, LINE 1C THE ORGANIZATION SUPPORTS THE CITY OF SANTA FE, A GOVERNMENT ENTITY, THE PURPOSE OF WHICH IS TO PARTICIPATE IN THE PRESERVATION AND REDEVELOPMENT, INCLUDING FINANCING, OF THE SANTA FE RAILYARD AS A HISTORICAL, CULTURAL AND ECONOMIC RESOURCE FOR THE CITY OF SANTA FE, NEW MEXICO. 22335 22335 77978 77978 127005 108672 18333 18333 RIGHT OF USE ASSET 3427412 PREPAID LEASE COMMISSIONS 22367 SECURITY DEPOSIT 1500 3451279 OPERATING LEASE LIABILITY 5165661 PARKING COSTS PAYABLE 1054931 PREPAID RENT 76834 RENT DEPOSITS PAYABLE 39568 6336994 X 2097977 13170 13170 2084807 2084807 1982936 13170 13170 1969766 1969766 SCHEDULE D, PAGE 3, PART X UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THE ORGANIZATION IS EXEMPT FROM TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. HOWEVER, TAXES ON UNRELATED BUSINESS INCOME, IF ANY, ARE REPORTED WHEN PAID. THE ORGANIZATION DID NOT INCUR TAXES ON UNRELATED BUSINESS INCOME IN 2024 AND 2023, RESPECTIVELY. THE ORGANIZATION UTILIZES THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNT IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF JUNE 30, 2024 AND 2023, THE ORGANIZATION HAS NO UNCERTAIN TAX PROVISIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. FORM 990 - ORGANIZATION'S MISSION TO TRANSFORM THE HISTORIC RAILYARD INTO A SUSTAINABLE AND INVITING PUBLIC SPACE FOR RECREATIONAL, SOCIAL, ASTISTIC, AND COMMERCIAL ACTIVITIES IN A WAY THAT EMBRACES SANTA FE'S CULTUAL AND HISTORICAL SIGNIFICANCE AND UPHOLDS THE COMMUNITY'S VISION. FORM 990, PAGE 6, PART VI, LINE 11B REVIEWED BY BOARD'S FINANCE COMMITTEE AND FULLY VETTED THEN A FULL COPY OF THE 990 IS DISTRIBUTED TO THE BOARD PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C AN ANNUAL AUDIT IS DONE BY INDEPENDENT CERTIFIED PUBLIC ACCOUNTANT. ANNUAL "CONFLICT OF INTEREST STATEMENTS" ARE EXECUTED BY ALL STAFF AND BOARD MEMBERS. FORM 990, PAGE 6, PART VI, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED IN AN EXECUTIVE SESSION OF THE ENTIRE BOARD OF DIRECTORS USING COMPARABILITY DATA FROM ORGANIZATIONS OF SIMILAR SIZE AND INDUSTRY. A VOTE IS SUBSEQUENTLY TAKEN IN OPEN SESSION. FORM 990, PAGE 6, PART VI, LINE 15B HUMAN RESOURCES COMMITTEE DISTRUBTES AN EXECUTIVE DIRECTOR EVALUATION THAT ALL BOARD MEMBERS & EXECUTIVE DIRECTOR COMPLETE, COMPILE RESULTS AND PRESENT TO BOARD. FORM 990, PAGE 6, PART VI, LINE 19 A BINDER WITH THE POLICIES AND PROCEDURES IS KEPT IN AN OPEN AREA OF THE OFFICE FOR PRESENTATION TO ANYONE UPON PERSONAL, WRITTEN, TELEPHONE, OR E- MAIL REQUEST. ALSO MAINTAINED ON FILE ARE PRIOR AND CURRENT FEDERAL FORMS 990 AND THE NEW MEXICO SECRETARY OF STATE NONPROFIT CORPORATE REPORT FOR VIEWING AND COPYING IF DESIRED. CITY OF SANTA FE PO BOX 909 SANTA FE NM 87504 856000168 SEE PT VII NM GOV N/A false false false false false false false false false false false false true false false false false false false false SCHEDULE R SCHEDULE R, PART II, COLUMN B: PRIMARY ACTIVITY THE CITY OF SANTA FE ENGAGES SANTA FE RAILYARD COMMUNITY CORPORATION FOR ITS SERVICES UNDER THE "PROFESSIONAL SERVICE AGREEMENT". THE PARTIES HAVE NO CONTROL OVER THE OTHER IN ITS OPERATION OR MANAGEMENT.