2026-02-16T15:36:48-06:00 2025-03-31 850445362 PALMER & CO PA 701 OSUNA RD NE STE 100 ALBUQUERQUE NM 87113 990 2024-04-01 850471116 ENCINO DEVELOPMENT & MANAGEMENT INC ENCI 5059247425 5338 PAN AMERICAN FWY NE ALBUQUERQUE NM 87109 JOHN ROCKWELL PRESIDENT 5059247425 2026-02-05 1 0 AMBER G MARTINEZ CPA P01019846 5053441040 2026-01-26 2024 2025-03-06 01:10:19Z JOHN ROCKWELL 5338 PAN AMERICAN FWY NE ALBUQUERQUE NM 87109 7654821 0 X N/A X 2000 NM PROVIDE DEVELOPMENT, MANAGEMENT AND ADMINISTRATIVE SERVICES FOR AFFORDABLE HOUSING TO THE VERY LOW-INCOME ELDERLY AND HANDICAPPED INDIVIDUALS 62 YEARS AND OVER, SUPPORTING FOUR PROPERTIES IN NEW MEXICO. 9 7 1 0 0 0 1613899 7530848 0 0 26726 123973 0 0 1640625 7654821 0 0 0 0 132866 161614 0 0 0 51182 281950 184048 443564 1456577 7211257 2636297 9848732 2848 4026 2633449 9844706 X THE PURPOSE OF THIS CORPORATION IS TO PROVIDE MANAGEMENT FOR ALL ENCINO PROPERTIES: TO PROVIDE RENTAL HOUSING AND RELATED FACILITIES AND SERVICES FOR LOWER INCOME ELDERLY HOUSEHOLDS THAT MEET THE CORPORATION'S ELIGIBILITY CRITERIA FOR HOUSING. THIS HOUSING IS PROVIDED BY A NON-PROFIT SUBSTANTIALLY BELOW MARKET BASIS, SPECIALLY DESIGNED TO MEET THE PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS OF THE AGED; TO BORROW MONEY AND ISSUE EVIDENCE OF INDEBTEDNESS IN FURTHERANCE OF ANY OR ALL OF THE OBJECTS OF ITS BUSINESS, AND TO SECURE THE SAME BY MORTGAGE, PLEDGE, OR OTHER LIEN ON THE CORPORATIONS PROPERTY; TO DO AND PERFORM ALL ACTS REASONABLY NECESSARY TO ACCOMPLISH THE PURPOSES OF THE CORPORATION, INCLUDING THE EXECUTION OF A REGULATORY AGREEMENT WITH THE SECRETARY OF HOUSING AND URBAN DEVELOPMENT. 0 0 426376 123973 EDM OVERSEES THE MANAGEMENT SERVICES OF THE FOLLOWING PROPERTIES: ENCINO GARDENS, ENCINO TERRACE, ENCINO EL PASEO, AND VILLA TERESA THROUGH THE USE OF A MANAGEMENT COMPANY. 426376 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 9 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NM X THE ORGANIZATION 5059247426 5338 PAN AMERICAN FWY NE ALBUQUERQUE NM 87109 X MICHAEL CALDWELL DIRECTOR 0.00 X 0 0 0 MICHAEL NOONAN DIRECTOR 0.00 X 0 0 0 JUAN CARAVEO DIRECTOR 0.00 X 0 0 0 STEVEN GRANT DIRECTOR 0.00 X 0 0 0 PATRICK WESTERFIELD DIRECTOR 0.00 X 0 0 0 JOHN ROCKWELL PRESIDENT 1.00 1.00 X 0 0 0 LINDSEY GILBERT JR SECRETARY 1.00 1.00 X 0 0 0 GREGORY LEACH VICE PRESIDENT 1.00 1.00 X 0 0 0 MAYLING ARMIJO TREASURER 1.00 1.00 X 0 0 0 0 0 0 0 0 0 0 0 7530848 7530848 123973 123973 7654821 123973 0 0 X 145439 138167 7272 4363 4145 218 11812 11221 591 9199 9199 24292 23077 1215 232425 232425 319 319 -7488 -7573 85 3300 3135 165 2684 2684 1695 1695 7508 6637 871 REIMBURSEMENTS 2369 2369 PAYROLL SERVICE 2045 1943 102 MEALS 1831 1831 RENOVATION EXPENSE 544 544 1227 768 459 443564 426376 17188 0 2636180 4582605 117 5266127 2636297 9848732 2848 4026 2848 4026 X 2633449 9844706 2633449 9844706 2636297 9848732 7211257 0 X 0 1 X 0 0 X 900000 1613899 7530848 10044747 900000 1613899 7530848 10044747 0 0 0 10044747 107 38 27 26726 123973 150871 107 38 27 26726 123973 150871 107 38 900027 1640625 7654821 10195618 0.98520 0.99110 0.01480 0.00890 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 SELLER LOAN RECEIVABLE 5250000 DUE FROM EG/NCNO 15994 INVESTMENTS 133 5266127 1 PART I, LINE 2: UNDER CONSTANT MONITORING OF BOARD OF DIRECTORS WHICH ARE THE SAME FOR BOTH ENTITIES. SCH I PART II SAME BOARD OF DIRECTORS DVELUP NM LLC DVELUP NM OWNED 100% BY BOARD MEMBERS GREGORY LEACH AND JUAN CARAVEO 215250 CONSULTING FEE INCOME PAID TO DVELUP NM LLC, CONFLICT OF INTEREST POLICIES FOLLOWED AND DOCUMENTED 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE PRESIDENT, VICE PRESIDENT, TREASURER AND EXECUTIVE DIRECTOR, AT THE NEXT MEETING IT IS SHARED WITH THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C REVIEWED AT BOARD OF DIRECTOR MEETINGS FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART IX, LINE 11G PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 232425. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 232425. ENCINO GARDENS INC 412 ALVARADO DR SE ALBUQUERQUE NM 87108 850266934 AFFORDABLE HOUSING NM 501(C)(3) LINE 10 0 ENCINO TERRACE INC 609 ENCINO PLACE NE ALBUQUERQUE NM 87109 850211912 AFFORDABLE HOUSING NM 501(C)(3) LINE 10 0 ENCINO EL PASEO 1720 LOUISIANA BLVD NE STE 402 ALBUQUERQUE NM 87110 850311498 AFFORDABLE HOUSING NM 501(C)(3) LINE 10 0 VILLA TERESA INC 1720 LOUISIANA BLVD NE STE 402 ALBUQUERQUE NM 87110 850311499 AFFORDABLE HOUSING NM 501(C)(3) LINE 10 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 ENCINO TERRACE INC B CASH ENCINO GARDENS INC C CASH ENCINO GARDENS INC R CASH SCHEDULE R PART V SECTION 2 ENCINO GARDENS, A RELATED ENTITY, HAS TRANSFERRED ITS EXCESS FUNDS TO THIS ENTITY. THE FUNDS WILL BE USED FOR RENOVATION OR NEW PROJECTS AS SEEN APPROPRIATE BY THE BOARD. DURING THE CURRENT YEAR FUNDS WERE USED TO BEGIN MAJOR RENOVATIONS AT ENCINO GARDENS AND GIVE ENCINO TERRACE FUNDS TO PAY ITS OUTSTANDING BILLS.