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New Mexico Military Institute Foundation Inc

  • Roswell, NM
  • Tax-exempt since Oct. 1998
  • EIN: 85-6010718

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Educational Services and Schools - Other (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$4.35M (2024)

20112024 $0$2M$4M$6M$8M$10M$12M

Expenses
$2.86M (2024)

20112024 $0$1M$2M$3M

Total Assets
$86M (2024)

20112024 $0$20M$40M$60M$80M$100M

Total Liabilities
$534k (2024)

20112024 $0$200k$400k$600k$800k$1M$1.2M
Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,351,683
Expenses
$2,862,695
Net Income
$1,488,988
Net Assets
$85,464,602
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,684,048
38.7%
Program Services $1,500
0.0%
Investment Income $892,542
20.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $716,573
16.5%
Net Fundraising $0
Sales of Assets $1,064,187
24.5%
Net Inventory Sales $0
Other Revenue -$7,167
Notable Expenses Percent of Total Expenses
Executive Compensation $132,167
4.6%
Professional Fundraising Fees $0
Other Salaries and Wages $66,555
2.3%
Assets/Debt
Total Assets $85,999,070
Total Liabilities $534,468
Net Assets $85,464,602
Compensation
Key Employees and Officers Compensation Related Other
Jimmy Barnes (President & Ceo) $117,372 $0 $0
Jesus Salazar (Immediate Past Chairman) $0 $0 $0
Kenneth Barbe Jr (Chairman) $0 $0 $0
Dr Jesus R Ramos Garza (Secretary) $0 $0 $0
Kim Greaves (Vice Chairman) $0 $0 $0
Kevin O Butler (Member) $0 $0 $0
Harold A Edmonson Jr (Nmmi Regent Member) $0 $0 $0
Phelps W Anderson (Nmmi Regent Member) $0 $0 $0
Mg Jerry Grizzle Nmmi President Sup (Ex Officio Member) $0 $0 $0
Claire E Chase (Member) $0 $0 $0
Dr Earl A Tres Latimer Iii (Member) $0 $0 $0
Col Timothy S Paul (Nmmi Regent Appointment) $0 $0 $0
George M Yates (Member) $0 $0 $0
Frank Spencer Iii (Treasurer) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 7, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,432,637
Expenses
$2,704,733
Net Income
$5,727,904
Net Assets
$77,608,984
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,049,994
36.2%
Program Services $6,280
0.1%
Investment Income $627,888
7.4%
Bond Proceeds $0
Royalties $23
0.0%
Rental Property Income $364,998
4.3%
Net Fundraising $0
Sales of Assets $4,378,815
51.9%
Net Inventory Sales $0
Other Revenue $4,639
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $124,342
4.6%
Professional Fundraising Fees $0
Other Salaries and Wages $59,369
2.2%
Assets/Debt
Total Assets $78,678,506
Total Liabilities $1,069,522
Net Assets $77,608,984
Compensation
Key Employees and Officers Compensation Related Other
Jimmy Barnes (President & Ceo) $111,860 $0 $0
Jesus Salazar (Immediate Past Chairman) $0 $0 $0
Kenneth Barbe Jr (Chairman) $0 $0 $0
Dr Jesus R Ramos Garza (Secretary) $0 $0 $0
Kim Greaves (Vice Chairman) $0 $0 $0
Kevin O Butler (Member) $0 $0 $0
Harold A Edmonson Jr (Nmmi Regent Member) $0 $0 $0
Phelps W Anderson (Nmmi Regent Member) $0 $0 $0
Mg Jerry Grizzle Nmmi President Sup (Ex Officio Member) $0 $0 $0
Claire E Chase (Member) $0 $0 $0
Dr Earl A Tres Latimer Iii (Member) $0 $0 $0
Col Timothy S Paul (Nmmi Regent Appointment) $0 $0 $0
George M Yates (Member) $0 $0 $0
Frank Spencer Iii (Treasurer) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 3, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,073,152
Expenses
$2,342,210
Net Income
$2,730,942
Net Assets
$71,466,292
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,508,987
29.7%
Program Services $4,455
0.1%
Investment Income $573,873
11.3%
Bond Proceeds $0
Royalties $112
0.0%
Rental Property Income $352,617
7.0%
Net Fundraising $0
Sales of Assets $2,707,901
53.4%
Net Inventory Sales $0
Other Revenue -$74,793
Notable Expenses Percent of Total Expenses
Executive Compensation $120,563
5.1%
Professional Fundraising Fees $0
Other Salaries and Wages $57,347
2.4%
Assets/Debt
Total Assets $72,248,308
Total Liabilities $782,016
Net Assets $71,466,292
Compensation
Key Employees and Officers Compensation Related Other
Jimmy Barnes (President & Ceo) $107,383 $0 $0
Jesus Salazar (Immediate Past Chairman) $0 $0 $0
Kenneth Barbe Jr (Chairman) $0 $0 $0
Dr Jesus R Ramos Garza (Secretary) $0 $0 $0
Kim Greaves (Vice Chairman) $0 $0 $0
Kevin O Butler (Member) $0 $0 $0
Harold A Edmonson Jr (Nmmi Regent Member) $0 $0 $0
John Garcia (Nmmi Regent Member) $0 $0 $0
Mg Jerry Grizzle Nmmi President Sup (Ex Officio Member) $0 $0 $0
Claire E Chase (Member) $0 $0 $0
Dr Earl A Tres Latimer Iii (Member) $0 $0 $0
Col Timothy S Paul (Nmmi Regent Appointment) $0 $0 $0
George M Yates (Member) $0 $0 $0
Frank Spencer Iii (Treasurer) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 4, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,696,137
Expenses
$2,275,432
Net Income
$420,705
Net Assets
$80,800,311
Notable Sources of Revenue Percent of Total Revenue
Contributions $573,573
21.3%
Program Services $570
0.0%
Investment Income $543,925
20.2%
Bond Proceeds $0
Royalties $28
0.0%
Rental Property Income $333,483
12.4%
Net Fundraising $0
Sales of Assets $1,250,234
46.4%
Net Inventory Sales $0
Other Revenue -$5,676
Notable Expenses Percent of Total Expenses
Executive Compensation $109,885
4.8%
Professional Fundraising Fees $0
Other Salaries and Wages $53,921
2.4%
Assets/Debt
Total Assets $81,497,366
Total Liabilities $697,055
Net Assets $80,800,311
Compensation
Key Employees and Officers Compensation Related Other
Jimmy Barnes (President & Ceo) $104,435 $0 $0
Jesus Salazar (Chairman) $0 $0 $0
Kenneth Barbe Jr (Vice Chairman) $0 $0 $0
Steve Elliott (Secretary) $0 $0 $0
Kim Greaves (Treasurer) $0 $0 $0
Kevin O Butler (Member) $0 $0 $0
Harold A Edmonson Jr (Nmmi Regent Member) $0 $0 $0
John Garcia (Nmmi Regent Member) $0 $0 $0
Mg Jerry Grizzle Nmmi President Sup (Ex Officio Member) $0 $0 $0
Harris Kerr (Member) $0 $0 $0
Dr Earl A Tres Latimer Iii (Member) $0 $0 $0
Col Timothy S Paul (Nmmi Regent Appointment) $0 $0 $0
Dr Jesus R Ramos Garza (Member) $0 $0 $0
Frank Spencer Iii (Member) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 4, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,964,790
Expenses
$2,149,666
Net Income
$815,124
Net Assets
$64,877,861
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,389,775
46.9%
Program Services $3,285
0.1%
Investment Income $646,714
21.8%
Bond Proceeds $0
Royalties $137
0.0%
Rental Property Income $339,596
11.5%
Net Fundraising $0
Sales of Assets $594,382
20.0%
Net Inventory Sales $0
Other Revenue -$9,099
Notable Expenses Percent of Total Expenses
Executive Compensation $113,889
5.3%
Professional Fundraising Fees $0
Other Salaries and Wages $55,360
2.6%
Assets/Debt
Total Assets $65,561,639
Total Liabilities $683,778
Net Assets $64,877,861

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF
PDF (2 of 2)

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,000,217
Expenses
$2,102,927
Net Income
$8,897,290
Net Assets
$63,501,743
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,700,853
24.6%
Program Services $3,200
0.0%
Investment Income $626,997
5.7%
Bond Proceeds $0
Royalties $326
0.0%
Rental Property Income $313,879
2.9%
Net Fundraising $0
Sales of Assets $1,604,581
14.6%
Net Inventory Sales $0
Other Revenue $5,750,381
52.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $107,530
5.1%
Professional Fundraising Fees $0
Other Salaries and Wages $53,262
2.5%
Assets/Debt
Total Assets $64,313,896
Total Liabilities $812,153
Net Assets $63,501,743

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,321,736
Expenses
$2,048,356
Net Income
$1,273,380
Net Assets
$53,924,494
Notable Sources of Revenue Percent of Total Revenue
Contributions $724,540
21.8%
Program Services $3,255
0.1%
Investment Income $446,489
13.4%
Bond Proceeds $0
Royalties $186
0.0%
Rental Property Income $291,081
8.8%
Net Fundraising $0
Sales of Assets $1,841,867
55.4%
Net Inventory Sales $0
Other Revenue $14,318
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $101,904
5.0%
Professional Fundraising Fees $0
Other Salaries and Wages $50,021
2.4%
Assets/Debt
Total Assets $54,736,511
Total Liabilities $812,017
Net Assets $53,924,494

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,585,571
Expenses
$2,018,359
Net Income
$567,212
Net Assets
$50,665,320
Notable Sources of Revenue Percent of Total Revenue
Contributions $691,119
26.7%
Program Services $5,210
0.2%
Investment Income $404,796
15.7%
Bond Proceeds $0
Royalties $319
0.0%
Rental Property Income $368,697
14.3%
Net Fundraising $0
Sales of Assets $1,098,986
42.5%
Net Inventory Sales $0
Other Revenue $16,444
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $104,127
5.2%
Professional Fundraising Fees $0
Other Salaries and Wages $50,881
2.5%
Assets/Debt
Total Assets $51,443,300
Total Liabilities $777,980
Net Assets $50,665,320

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,171,346
Expenses
$2,377,708
Net Income
-$1,206,362
Net Assets
$46,199,968
Notable Sources of Revenue Percent of Total Revenue
Contributions $708,565
60.5%
Program Services $4,396
0.4%
Investment Income $548,353
46.8%
Bond Proceeds $0
Royalties $25
0.0%
Rental Property Income $376,902
32.2%
Net Fundraising $0
Sales of Assets -$529,658
Net Inventory Sales $0
Other Revenue $62,763
5.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $104,359
4.4%
Professional Fundraising Fees $0
Other Salaries and Wages $50,631
2.1%
Assets/Debt
Total Assets $46,969,380
Total Liabilities $769,412
Net Assets $46,199,968

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,343,371
Expenses
$2,211,312
Net Income
$132,059
Net Assets
$48,281,604
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,170,806
50.0%
Program Services $4,262
0.2%
Investment Income $464,319
19.8%
Bond Proceeds $0
Royalties $719
0.0%
Rental Property Income $368,886
15.7%
Net Fundraising $0
Sales of Assets $342,958
14.6%
Net Inventory Sales $0
Other Revenue -$8,579
Notable Expenses Percent of Total Expenses
Executive Compensation $101,811
4.6%
Professional Fundraising Fees $10,000
0.5%
Other Salaries and Wages $49,745
2.2%
Assets/Debt
Total Assets $49,105,858
Total Liabilities $824,254
Net Assets $48,281,604

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,077,216
Expenses
$2,013,943
Net Income
$3,063,273
Net Assets
$47,658,534
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,058,301
40.5%
Program Services $65,425
1.3%
Investment Income $377,506
7.4%
Bond Proceeds $0
Royalties $648
0.0%
Rental Property Income $352,536
6.9%
Net Fundraising -$63,656
Sales of Assets $2,234,612
44.0%
Net Inventory Sales $0
Other Revenue $51,844
1.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $100,460
5.0%
Professional Fundraising Fees $55,000
2.7%
Other Salaries and Wages $129,471
6.4%
Assets/Debt
Total Assets $48,361,745
Total Liabilities $703,211
Net Assets $47,658,534

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,445,950
Expenses
$1,746,812
Net Income
$1,699,138
Net Assets
$41,426,878
Notable Sources of Revenue Percent of Total Revenue
Contributions $731,630
21.2%
Program Services $62,316
1.8%
Investment Income $432,577
12.6%
Bond Proceeds $0
Royalties $577
0.0%
Rental Property Income $333,043
9.7%
Net Fundraising -$9,821
Sales of Assets $1,952,517
56.7%
Net Inventory Sales $0
Other Revenue -$56,889
Notable Expenses Percent of Total Expenses
Executive Compensation $100,651
5.8%
Professional Fundraising Fees $0
Other Salaries and Wages $125,639
7.2%
Assets/Debt
Total Assets $42,022,418
Total Liabilities $595,540
Net Assets $41,426,878

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,032,817
Expenses
$2,192,144
Net Income
-$159,327
Net Assets
$37,599,272
Notable Sources of Revenue Percent of Total Revenue
Contributions $483,818
23.8%
Program Services $143,561
7.1%
Investment Income $418,795
20.6%
Bond Proceeds $0
Royalties $719
0.0%
Rental Property Income $331,138
16.3%
Net Fundraising -$21,832
Sales of Assets $675,127
33.2%
Net Inventory Sales $0
Other Revenue $1,491
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $94,531
4.3%
Professional Fundraising Fees $0
Other Salaries and Wages $112,493
5.1%
Assets/Debt
Total Assets $38,196,083
Total Liabilities $596,811
Net Assets $37,599,272

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,914,456
Expenses
$1,897,408
Net Income
$17,048
Net Assets
$39,043,662
Notable Sources of Revenue Percent of Total Revenue
Contributions $464,638
24.3%
Program Services $95,819
5.0%
Investment Income $439,399
23.0%
Bond Proceeds $0
Royalties $110
0.0%
Rental Property Income $330,852
17.3%
Net Fundraising -$1,225
Sales of Assets $581,863
30.4%
Net Inventory Sales $0
Other Revenue $3,000
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $94,531
5.0%
Professional Fundraising Fees $0
Other Salaries and Wages $109,693
5.8%
Assets/Debt
Total Assets $39,703,753
Total Liabilities $660,091
Net Assets $39,043,662

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated