U N M Lobo Club
- Assets
- $6.8m
- Revenue
- $5.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Albuquerque, NM
- Founding
- 11/1968
- Data as of
- 06/2023
- EIN
- 85-6018840
Organization Overview
U N M Lobo Club is located in Albuquerque, NM. The organization was established in 1968. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. U N M Lobo Club 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 06/2023, U N M Lobo Club generated $5.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $5.4m during the year ending 06/2023. While expenses have increased by 6.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
UNM LOBO CLUB RAISES FUNDS NECESSARY TO PROVIDE FINANCIAL SUPPORT FOR STUDENT-ATHLETE SCHOLARSHIPS, FACILITIES, PROGRAMS THAT SUPPORT STUDENT- ATHLETE SUCCESS, AND OPERATIONAL SUPPORT TO CREATE AN ATHLETICS PROGRAM OF EXCELLENCE FOR THE UNIVERSITY OF NEW MEXICO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDRAISING ACTIVITIES AND PROGRAMS FOR THE BENEFIT OF THE ATHLETIC DEPARTMENT OF THE UNIVERSITY OF NEW MEXICO THAT ASSISTS THE DEPARTMENT IN SUPPORTING FACILITIES AND STUDENT-ATHLETES.
UNM LOBO CLUB RAISES FUNDS NECESSARY TO PROVIDE FINANCIAL SUPPORT FOR STUDENT-ATHLETE SCHOLARSHIPS, FACILITIES, PROGRAMS THAT SUPPORT STUDENT- ATHLETE SUCCESS, AND OPERATIONAL SUPPORT TO CREATE AN ATHLETICS PROGRAM OF EXCELLENCE FOR THE UNIVERSITY OF NEW MEXICO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jalen Dominguez Executive Di | OfficerTrustee | 40 | $0 |
Bart Kinney Past Preside | OfficerTrustee | 2 | $0 |
Dee Dennis Past Preside | Trustee | 2 | $0 |
Warren Ellis Past Preside | Trustee | 2 | $0 |
Brendon Mcdonald Director | Trustee | 2 | $0 |
Del Archuleta Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,244,962 |
| Noncash contributions included in lines 1a–1f | $18,666 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,244,962 |
| Total Program Service Revenue | $0 |
| Investment income | $17,231 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $343,014 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,605,207 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,354,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $34,803 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $180,903 |
| Advertising and promotion | $16,858 |
| Office expenses | $2,294 |
| Information technology | $9,620 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $21,448 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,312 |
| All other expenses | $1,143,396 |
| Total functional expenses | $5,422,427 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,714,025 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $14,577 |
| Accounts receivable, net | $0 |
| 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 | $64,297 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,792,899 |
| Accounts payable and accrued expenses | $1,126,112 |
| Grants payable | $0 |
| Deferred revenue | $261,863 |
| 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 | $2,354,000 |
| Other liabilities | $0 |
| Total liabilities | $3,741,975 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $3,050,924 |
| Total liabilities and net assets/fund balances | $6,792,899 |