Vida Mejor Capital Inc
- Assets
- $13.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ohkay Owingeh, NM
- Founding
- Data as of
- 12/2023
- EIN
- 88-0721683
Organization Overview
Vida Mejor Capital Inc is located in Ohkay Owingeh, NM. According to its NTEE Classification (S43) the organization is classified as: Small Business Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vida Mejor Capital Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE PURPOSE OF NEW MEXICO'S HEALTHY FOOD FINANCING FUND IS TO SUPPORT THE INTERSECTION OF ECONOMIC DEVELOPMENT IN NEW MEXICO'S FOOD AND AGRICULTURAL SECTOR WITH INCREASED FOOD SECURITY FOR NEW MEXICANS. THE HFFF PROGRAM IS AN INTEGRAL PART OF THE GOVERNOR'S FOOD INITIATIVE AND PRIORITIZES FOOD RETAIL IN RURAL AND UNDERSERVED COMMUNITIES AND PROVIDES ALTERNATE MARKET CHANNELS FOR VALUE-ADD AND SUSTAINABLE AGRICULTURE. THE HFFF PROGRAM IS THE CORNERSTONE OF A STRATEGIC PHASED APPROACH TO DEVELOPING A SUITE OF FINANCIAL TOOLS FOR FOOD AND AGRICULTURAL ENTERPRISES IN NEW MEXICO TO GROW, RAISE, PROCESS, AGGREGATE, DISTRIBUTE AND SELL LOCAL, FRESH HEALTHY FOOD THROUGH EXPANDED RETAIL AND INSTITUTIONAL MARKET CHANNELS IN RURAL AND UNDERSERVED COMMUNITIES IN NEW MEXICO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russ Garcia Director | 1 | $0 | |
Ron Lovato Director | 1 | $0 | |
Kara Ward Director | 1 | $0 | |
Clelsea Canada Director | 1 | $0 | |
Casey Deraad Director | 1 | $0 | |
Dr Kurt Henry Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $187,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $187,500 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $144,929 |
| Professional fees and other payments to independent contractors | $18,721 |
| Occupancy, rent, utilities, and maintenance | $1,363 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $10,953 |
| Total expenses | $175,966 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,019 |
| Other assets | $0 |
| Total assets | $13,278 |
| Total liabilities | $1,744 |
| Net assets or fund balances | $11,534 |