Civic Intelligence

New Mexico Property Insurance Program

990 • Fiscal year 2018 • EIN 23-7045075

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 30, 2019

Organization ProfileWWW.NMPROPERTYINSURANCE.COM

View Organization Page

2201 San Pedro NE No 20Albuquerque, NM 87110

(505) 878-9563

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

7th percentile

0.00x

Higher debt load relative to assets than 7% of similar nonprofits.

2018 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

7th percentile

0.00x

Higher debt load relative to revenue than 7% of similar nonprofits.

2018 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2018

Net Margin

95th percentile

46%

Higher net margin than 95% of similar nonprofits.

2018 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

14th percentile

$102,953

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

2018 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Balance Sheet
Liabilities / Assets7th percentile

Assets

$8,907,503

No earlier filing loaded for comparison.

Net Assets

$8,904,916

No earlier filing loaded for comparison.

Liabilities

$2,587

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue7th percentileNet Margin95th percentile

Revenue

$5,087,583

No earlier filing loaded for comparison.

Expenses

$2,763,275

No earlier filing loaded for comparison.

Net Income

$2,324,308

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2018: $8,907,503Liabilities 2018: $2,587Net Assets 2018: $8,904,9162018Assets 2019: $9,404,616Liabilities 2019: $1,640Net Assets 2019: $9,402,9762019Assets 2020: $10,343,194Liabilities 2020: $5,043Net Assets 2020: $10,338,1512020Assets 2021: $10,306,888Liabilities 2021: $1,793Net Assets 2021: $10,305,0952021Assets 2022: $9,875,754Liabilities 2022: $4,601Net Assets 2022: $9,871,1532022Assets 2023: $3,488,483Liabilities 2023: $797Net Assets 2023: $3,487,6862023Assets 2024: $8,268,950Liabilities 2024: $827Net Assets 2024: $8,268,1232024

Highlighted filing

2018

Assets$8,907,503
Liabilities$2,587
Net Assets$8,904,916
Open 2018 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$10M$0-$10MRevenue 2018: $5,087,583Expenses 2018: $2,763,275Net Income 2018: $2,324,3082018Revenue 2019: $5,308,672Expenses 2019: $4,832,099Net Income 2019: $476,5732019Revenue 2020: $5,178,312Expenses 2020: $4,243,137Net Income 2020: $935,1752020Revenue 2021: $4,751,492Expenses 2021: $4,784,548Net Income 2021: -$33,0562021Revenue 2022: $4,630,797Expenses 2022: $5,064,739Net Income 2022: -$433,9422022Revenue 2023: $5,049,689Expenses 2023: $11,433,156Net Income 2023: -$6,383,4672023Revenue 2024: $16,595,767Expenses 2024: $11,815,330Net Income 2024: $4,780,4372024

Highlighted filing

2018

Revenue$5,087,583
Expenses$2,763,275
Net Income$2,324,308
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 30, 2019
Return Version
2018v3.1
Gross Receipts
$5,087,583
Mission and Program Overview

Mission

To provide essential property insurance to applicants in new mexico who are unable to secure it in the normal market.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,817,554$5,456,881▲ $3,639,327
Investments Other Securities$1,663,662$1,726,709▲ $63,047
Investments in Publicly Traded Securities$424,009$1,448,226▲ $1,024,217
Cash and Non-Interest-Bearing Accounts$2,686,588$273,530▼ $2,413,058
Other Notes and Loans Receivable, Net$1,279--
Total Assets$6,595,249$8,907,503▲ $2,312,254
Other Assets Total$2,157$2,157→ $0
Liabilities
Accounts Payable and Accrued Expenses$1,589$2,587▲ $998
Total Liabilities$1,589$2,587▲ $998
Net Assets / Fund Balance
Unrestricted Net Assets$6,593,660$8,904,916▲ $2,311,256
Total Net Assets Fund Balance$6,593,660$8,904,916▲ $2,311,256
Total Liabilities and Net Assets / Fund Balance$6,595,249$8,907,503▲ $2,312,254

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$1,726,709--
Compensation and Service Providers
Top Officer Pay14th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Terrie DunlapPlan SupervisorFT$99,144$3,809$102,953

Board Members and Trustees

NameTitle
Steve FletcherChair
Daryl FilipekDirector
David SellDirector
Julie DeckerDirector
Justin ZoladzDirector
Steve StrowDirector
Tom CressDirector
Kendra ZachariasSecretary
Kyle WardTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Blue Cod TechnologiesSoftware295 DONALD LYNCH BLVD, Marlborough, MA 01752$251,607
Frontier AdjustersClaims AdjustmentPO BOX 7610, Phoenix, AZ 85011$168,164
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$4,983,292
Investment Income
$104,291
Other Revenue
$0
Change in Net Assets
$2,324,308

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,087,583
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-13,052
Total Revenue per Audited Statements
$5,074,531
Total Revenue per Form 990
$5,087,583
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,347,918
Salaries, Compensation, and Employee Benefits$415,357
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other---$822,333
Other Salaries and Wages---$245,338
Current Officers, Directors, Trustees, and Key Employees---$102,953
Occupancy---$35,295
Other Employee Benefits---$33,565
Payroll Taxes---$27,187
Office Expenses---$19,389
Fees for Services Accounting---$18,938
Travel---$10,009
Fees for Services Legal---$8,853
Conferences and Meetings---$8,713
Pension Plan Contributions---$6,314
Other Expenses---$5,424
Advertising---$3,537
Information Technology---$2,710
Insurance---$824
Total Functional Expenses$0$0$0$2,763,275

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,763,275
Total Expenses per Audited Statements$2,763,275
Total Expenses per Form 990$2,763,275
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Each insurer writing essential property insurance in new mexico is a member of the program.”

Form 990, Part VI, Section A, Line 7A

“Members elect members of the governing committee.”

Form 990, Part VI, Section A, Line 8B

“The investment committee did not document meetings in minuts.”

Form 990, Part VI, Section B, Line 11B

“The plan supervisor reviews the form prior to filing.”

Form 990, Part VI, Section C, Line 19

“The organizing documents are available upon request. Prior year statements of revenues, expenses, and other changes in net assets are on the program's website.”

Filing and Contact Details

Filer

Filer Name
New Mexico Property Insurance Program
EIN
23-7045075
Phone
5058789563
Address
2201 SAN PEDRO NE NO 20, ALBUQUERQUE, NM 87110

Signing Officer

Name
Terrie M Dunlap
Title
Plan Supervisor
Phone
5058789563
Signed
2019-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Terrie M Dunlap
Formed
1969
Legal Domicile
Nm
Voting Board Members
9
Independent Board Members
9
Employees
7
Volunteers
10

Preparer

Firm
Cliftonlarsonallen Llp
Address
6501 AMERICAS PARKWAY NE SUITE 500, ALBUQUERQUE, NM 87110
Preparer
Stephen E Livingston CPA
Phone
5058428290
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Software technical support 220,973. Postage 40,000. Print distribution 10,551. Commissions 534,062. Pipso 16,000. Other 747.”

Raw XML Appendix365 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01589
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02587
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE ESSENTIAL PROPERTY INSURANCE TO APPLICANTS IN NEW MEXICO WHO ARE UNABLE TO SECURE IT IN THE NORMAL MARKET.
IRS990/AdvertisingGrp/TotalAmt03537
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0TERRIE M DUNLAP
IRS990/BooksInCareOfDetail/PhoneNum05058789563
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02201 SAN PEDRO NE NO 20
IRS990/BooksInCareOfDetail/USAddress/CityNm0ALBUQUERQUE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NM
IRS990/BooksInCareOfDetail/USAddress/ZIPCd087110
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt02686588
IRS990/CashNonInterestBearingGrp/EOYAmt0273530
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt02
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0102953
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/TotalAmt08713
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0251607
IRS990/ContractorCompensationGrp/CompensationAmt1168164
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0295 DONALD LYNCH BLVD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1PO BOX 7610
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0MARLBOROUGH
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1PHOENIX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1AZ
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd001752
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd185011
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0BLUE COD TECHNOLOGIES
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1FRONTIER ADJUSTERS
IRS990/ContractorCompensationGrp/ServicesDesc0SOFTWARE
IRS990/ContractorCompensationGrp/ServicesDesc1CLAIMS ADJUSTMENT
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0104291
IRS990/CYOtherExpensesAmt02347918
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt04983292
IRS990/CYRevenuesLessExpensesAmt02324308
IRS990/CYSalariesCompEmpBnftPaidAmt0415357
IRS990/CYTotalExpensesAmt02763275
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05087583
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0PROVIDE ESSENTIAL PROPERTY INSURANCE TO APPLICANTS IN NEW MEXICO WHO ARE UNABLE TO SECURE IT IN THE NORMAL INSURANCE MARKET. 452 CLAIMS WERE PROCESSED IN 2018. THERE WERE 9,883 POLICIES IN FORCE AS OF 12/31/2018.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt07
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt018938
IRS990/FeesForServicesLegalGrp/TotalAmt08853
IRS990/FeesForServicesOtherGrp/TotalAmt0822333
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt938.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt93809
IRS990/Form990PartVIISectionAGrp/PersonNm0TOM CRESS
IRS990/Form990PartVIISectionAGrp/PersonNm1DARYL FILIPEK
IRS990/Form990PartVIISectionAGrp/PersonNm2STEVE FLETCHER
IRS990/Form990PartVIISectionAGrp/PersonNm3DAVID SELL
IRS990/Form990PartVIISectionAGrp/PersonNm4KYLE WARD
IRS990/Form990PartVIISectionAGrp/PersonNm5KENDRA ZACHARIAS
IRS990/Form990PartVIISectionAGrp/PersonNm6JUSTIN ZOLADZ
IRS990/Form990PartVIISectionAGrp/PersonNm7STEVE STROW
IRS990/Form990PartVIISectionAGrp/PersonNm8JULIE DECKER
IRS990/Form990PartVIISectionAGrp/PersonNm9TERRIE DUNLAP
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt999144
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9PLAN SUPERVISOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01969
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt05087583
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt02710
IRS990/InsuranceGrp/TotalAmt0824
IRS990/InvestmentIncomeGrp/ExclusionAmt0104291
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0104291
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01663662
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01726709
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0424009
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01448226
IRS990/IRPDocumentCnt0101
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NM
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE ESSENTIAL PROPERTY INSURANCE TO APPLICANTS IN NEW MEXICO WHO ARE UNABLE TO SECURE IT IN THE NORMAL MARKET.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt06593660
IRS990/NetAssetsOrFundBalancesEOYAmt08904916
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-13052
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt035295
IRS990/OfficeExpensesGrp/TotalAmt019389
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02157
IRS990/OtherAssetsTotalGrp/EOYAmt02157
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt033565
IRS990/OtherExpensesGrp/Desc0CLAIM LOSSES AND ADJUST
IRS990/OtherExpensesGrp/Desc1SERVICE FEES
IRS990/OtherExpensesGrp/Desc2EQUIPMENT
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/TotalAmt01381097
IRS990/OtherExpensesGrp/TotalAmt119453
IRS990/OtherExpensesGrp/TotalAmt211343
IRS990/OtherExpensesGrp/TotalAmt35424
IRS990/OtherSalariesAndWagesGrp/TotalAmt0245338
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01279
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt027187
IRS990/PensionPlanContributionsGrp/TotalAmt06314
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0TERRIE M DUNLAP
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0524126
IRS990/ProgramServiceRevenueGrp/Desc0PREMIUMS COLLECTED
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04983292
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04983292
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt079760
IRS990/PYOtherExpensesAmt07092100
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt05053062
IRS990/PYRevenuesLessExpensesAmt0-2347935
IRS990/PYSalariesCompEmpBnftPaidAmt0388657
IRS990/PYTotalExpensesAmt07480757
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05132822
IRS990/ReconcilationRevenueExpnssAmt02324308
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01817554
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05456881
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02763275
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-13052
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt01726709
IRS990ScheduleD/OtherSecuritiesGrp/Desc0DEFERRED ANNUITY CONTRACT (LINCOLN BENEFIT LIFE COMPANY)
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueNotReportedAmt0-13052
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt05087583
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt01726709
IRS990ScheduleD/TotalExpensesPerForm990Amt02763275
IRS990ScheduleD/TotalRevenuePerForm990Amt05087583
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05074531
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02763275
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EACH INSURER WRITING ESSENTIAL PROPERTY INSURANCE IN NEW MEXICO IS A MEMBER OF THE PROGRAM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS ELECT MEMBERS OF THE GOVERNING COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE INVESTMENT COMMITTEE DID NOT DOCUMENT MEETINGS IN MINUTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PLAN SUPERVISOR REVIEWS THE FORM PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZING DOCUMENTS ARE AVAILABLE UPON REQUEST. PRIOR YEAR STATEMENTS OF REVENUES, EXPENSES, AND OTHER CHANGES IN NET ASSETS ARE ON THE PROGRAM'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SOFTWARE TECHNICAL SUPPORT 220,973. POSTAGE 40,000. PRINT DISTRIBUTION 10,551. COMMISSIONS 534,062. PIPSO 16,000. OTHER 747.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt06595249
IRS990/TotalAssetsEOYAmt08907503
IRS990/TotalAssetsGrp/BOYAmt06595249
IRS990/TotalAssetsGrp/EOYAmt08907503
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/TotalAmt02763275
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01589
IRS990/TotalLiabilitiesEOYAmt02587
IRS990/TotalLiabilitiesGrp/BOYAmt01589
IRS990/TotalLiabilitiesGrp/EOYAmt02587
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06593660
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt08904916
IRS990/TotalOtherCompensationAmt03809
IRS990/TotalProgramServiceRevenueAmt04983292
IRS990/TotalReportableCompFromOrgAmt099144
IRS990/TotalRevenueGrp/ExclusionAmt0104291
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04983292
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05087583
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06595249
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt08907503
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt010009
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt06593660
IRS990/UnrestrictedNetAssetsGrp/EOYAmt08904916
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02201 SAN PEDRO NE NO 20
IRS990/USAddress/CityNm0ALBUQUERQUE
IRS990/USAddress/StateAbbreviationCd0NM
IRS990/USAddress/ZIPCd087110
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.NMPROPERTYINSURANCE.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TERRIE M DUNLAP
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PLAN SUPERVISOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05058789563
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-10-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEW MEXICO PROPERTY INSURANCE PROGRAM
ReturnHeader/Filer/BusinessNameControlTxt0NEWM
ReturnHeader/Filer/EIN0237045075
ReturnHeader/Filer/PhoneNum05058789563
ReturnHeader/Filer/USAddress/AddressLine1Txt02201 SAN PEDRO NE NO 20
ReturnHeader/Filer/USAddress/CityNm0ALBUQUERQUE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NM
ReturnHeader/Filer/USAddress/ZIPCd087110
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0394D1A98BE6510F283489805A60CF9BCB6E01526
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId00846508072D5270B8092D1C8AB3358979BEFEBA4
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt067.137.57.251
ReturnHeader/FilingSecurityInformation/IPDt02019-10-30
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0MD
ReturnHeader/FilingSecurityInformation/IPTm006:39:36
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06501 AMERICAS PARKWAY NE SUITE 500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ALBUQUERQUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd087110
ReturnHeader/PreparerPersonGrp/PhoneNum05058428290
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEPHEN E LIVINGSTON CPA
ReturnHeader/ReturnTs02019-10-31T14:45:45-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,907,503
Liabilities
$2,587
Net assets
$8,904,916
Revenue
$5,087,583
Expenses
$2,763,275
Net income
$2,324,308
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.27$0.00$8.27$16.6$11.8$4.78
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.49$0.00$3.49$5.05$11.4$6.38
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.88$0.00$9.87$4.63$5.06$0.43
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.3$0.00$10.3$4.75$4.78$0.03
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.3$0.01$10.3$5.18$4.24$0.94
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.40$0.00$9.40$5.31$4.83$0.48
2018Detailed filing. Detailed filing data is available for this year.$8.91$0.00$8.90$5.09$2.76$2.32