Leadership New Mexico
- Assets
- $1.2m
- Revenue
- $410.3k
- Investments
- $0.0
- Employees
- 6
- Location
- Albuquerque, NM
- Founding
- 01/1997
- Data as of
- 06/2022
- EIN
- 85-0437219
Organization Overview
Leadership New Mexico is located in Albuquerque, NM. The organization was established in 1997. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Leadership New Mexico employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leadership New Mexico is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Leadership New Mexico generated $410.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.6%) each year. All expenses for the organization totaled $582.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO IDENTIFY CURRENT AND EMERGING LEADERS THROUGHOUT NEW MEXICO, ENHANCE THEIR LEADERSHIP SKILLS, AND DEEPEN THEIR KNOWLEDGE OF THE CHALLENGES AND OPPORTUNITIES FACING NEW MEXICO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CORE PROGRAM: THIS IS A TEN MONTH SESSION DESIGNED TO ADDRESS CURRENT ISSUES FACING NEW MEXICO. EACH SESSION FEATURES SPEAKERS THAT ARE ACKNOWLEDGED LEADERS IN THEIR SPECIFIC FIELDS, WHILE PROGRAM PARTICIPANTS ACTIVELY ENGAGE IN DISCUSION AND DEBATE. LEADERSHIP NEW MEXICO SELECTS A CLASS EACH YEAR OF 40-45 LEADERS WHO REPRESENT A CROSS-SECTION OF THE VARIOUS GEOGRAPHIC REGIONS OF NEW MEXICO FROM PUBLIC, PRIVATE, AND NONPROFIT SECTORS.
THE LEADERSHIP NEW MEXICO ALUMNI PROGRAM WAS LAUNCHED IN SEPTEMBER 2001. IN THE TWENTY-FIVE CORE PROGRAMS, EIGHTEEN LOCAL GOVERNMENT LEADERSHIP PROGRAMS, AND THIRTEEN CONNECT NEW MEXICO PROGRAMS, MORE THAN 1,800 PARTICIPANTS FROM 88 COMMUNITIES HAVE EXPLORED AND EXPERIENCED THE ISSUES FACING OUR STATE. IN ADDITION TO THE ALUMNI PROGRAM, OTHER PROGRAM ACTIVITIES AND EXPENSES ARE INCLUDED IN THIS AREA.
LOCAL GOVERNMENT LEADERSHIP PROGRAM: THIS IS AN EDUCATIONAL PARTNERSHIP BETWEEN THE NEW MEXICO ASSOCIATION OF COUNTIES, THE NEW MEXICO MUNICIPAL LEAGUE, AND LEADERSHIP NEW MEXICO. TOGETHER THEY PROVIDE A UNIQUE EDUCATIONAL EXPERIENCE TO MUNICIPAL AND COUNTY OFFICIALS. THE GOAL OF THE PROGRAM IS TO DEVELOP AND ENHANCE LEADERSHIP CAPACITIES OF OFFICIALS WHILE FOSTERING A HIGHER LEVEL OF CIVIC AND COMMUNITY CONCERN AND PARTICIPATION.
CONNECT NEW MEXICO: THIS PROGRAM OFFERS YOUNG PROFESSIONALS THE OPPORTUNITY TO DEVELOP PERSONAL LEADERSHIP SKILLS, LEARN HOW NEW MEXICO SYSTEMS AND STRUCTURES WORK, AND EXPLORE THE CRITICAL ISSUES FACING NEW MEXICO. THE CURRICULUM HAS SOME ELEMENTS OF THE CORE PROGRAM AND LOCAL GOVERNMENT LEADERSHIP PROGRAM, AND IT FOCUSES ON LEADERSHIP SKILL DEVELOPMENT. IN ADDITION, PROGRAM PARTICIPANTS LEARN ABOUT THE STATEWIDE OPERATIONS OF A VARIETY OF SYSTEMS AND STRUCTURES IN THE STATE OF NEW MEXICO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Harrington Chairman | OfficerTrustee | 2 | $0 |
Russell Allen Secretary | OfficerTrustee | 2 | $0 |
Jared Matts Treasurer | OfficerTrustee | 2 | $0 |
Brian Freeman Committee Ch | Trustee | 2 | $0 |
Kelly Livingston Committee Ch | Trustee | 2 | $0 |
Juanita Jennings Committee Ch | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $10,000 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $108,726 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $118,726 |
| Total Program Service Revenue | $282,280 |
| Investment income | $9,320 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $410,326 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $120,352 |
| Compensation of current officers, directors, key employees. | $21,663 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $89,813 |
| Pension plan accruals and contributions | $8,640 |
| Other employee benefits | $10,288 |
| Payroll taxes | $20,225 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,626 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,470 |
| Advertising and promotion | $0 |
| Office expenses | $44,433 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $42,728 |
| Travel | $23,059 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $122,551 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $163 |
| Insurance | $4,584 |
| All other expenses | $0 |
| Total functional expenses | $582,900 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,182 |
| Savings and temporary cash investments | $1,193 |
| Pledges and grants receivable | $11,700 |
| Accounts receivable, net | $52,773 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $574 |
| Investments—publicly traded securities | $1,097,840 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,201,262 |
| Accounts payable and accrued expenses | $73,797 |
| Grants payable | $0 |
| Deferred revenue | $12,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $85,797 |
| Net assets without donor restrictions | $354,510 |
| Net assets with donor restrictions | $760,955 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,201,262 |