Civic Intelligence

Salopek Foundation

EIN 30-0027893 • 501(c)3 • Las Cruces, NM

Profile

Support, manage, and fund educational programs of new mexico state university and texas a&m university which, but for this organization, would be engaged in by the universities themselves. This includes, but is not limited to, scholarship programs and research programs.

5090 Snow RoadLas Cruces, NM 88005

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

93rd percentile

0.19x

Higher debt load relative to assets than 93% of similar nonprofits.

NTEE T • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

97th percentile

3.04x

Higher debt load relative to revenue than 97% of similar nonprofits.

NTEE T • $10M-$25M nonprofits • Source year 2024

Net Margin

31st percentile

-9.1%

Higher net margin than 31% of similar nonprofits.

NTEE T • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

67th percentile

$0

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE T • $10M-$25M nonprofits • Source year 2024

Asset Growth

24th percentile

-1.7%

Faster asset growth than 24% of similar nonprofits.

NTEE T • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

69th percentile

86%

Faster revenue growth than 69% of similar nonprofits.

NTEE T • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Down

$14,679,511

Down $255,500 (-1.7%) from 2023

Liabilities

Down

$2,809,704

Down $171,305 (-5.7%) from 2023

Net Assets

Down

$11,869,807

Down $84,195 (-0.7%) from 2023

Operations
Liabilities / Revenue97th percentileNet Margin31st percentile

Revenue

Up

$923,331

Up $426,470 (+86%) from 2023

Expenses

Up

$1,007,526

Up $92,678 (+10%) from 2023

Net Income

Up

-$84,195

Up $333,792 (+80%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth24th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2010: $13,085,863Liabilities 2010: $3,411,408Net Assets 2010: $9,674,4552010Assets 2011: $13,390,009Liabilities 2011: $3,312,440Net Assets 2011: $10,077,5692011Assets 2012: $13,783,603Liabilities 2012: $3,466,772Net Assets 2012: $10,316,8312012Assets 2013: $13,672,941Liabilities 2013: $3,342,670Net Assets 2013: $10,330,2712013Assets 2014: $13,623,831Liabilities 2014: $3,212,984Net Assets 2014: $10,410,8472014Assets 2015: $13,507,148Liabilities 2015: $3,077,463Net Assets 2015: $10,429,6852015Assets 2016: $13,442,451Liabilities 2016: $2,935,838Net Assets 2016: $10,506,6132016Assets 2017: $13,762,907Liabilities 2017: $2,787,833Net Assets 2017: $10,975,0742017Assets 2018: $14,169,570Liabilities 2018: $3,049,469Net Assets 2018: $11,120,1012018Assets 2019: $13,948,650Liabilities 2019: $2,887,815Net Assets 2019: $11,060,8352019Assets 2020: $13,786,602Liabilities 2020: $2,718,866Net Assets 2020: $11,067,7362020Assets 2021: $13,665,939Liabilities 2021: $2,542,290Net Assets 2021: $11,123,6492021Assets 2022: $14,729,725Liabilities 2022: $2,357,736Net Assets 2022: $12,371,9892022Assets 2023: $14,935,011Liabilities 2023: $2,981,009Net Assets 2023: $11,954,0022023Assets 2024: $14,679,511Liabilities 2024: $2,809,704Net Assets 2024: $11,869,8072024

Highlighted filing

2024

Assets$14,679,511
Liabilities$2,809,704
Net Assets$11,869,807
Open 2024 Filing

Operations Trend

Revenue Growth69th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $495,7742010Expenses 2011: $1,080,9042011Expenses 2012: $1,166,3802012Revenue 2013: $492,222Expenses 2013: $478,782Net Income 2013: $13,4402013Revenue 2014: $1,549,134Expenses 2014: $1,468,558Net Income 2014: $80,5762014Revenue 2015: $1,019,736Expenses 2015: $1,000,898Net Income 2015: $18,8382015Revenue 2016: $1,203,276Expenses 2016: $1,126,348Net Income 2016: $76,9282016Revenue 2017: $2,194,962Expenses 2017: $1,726,501Net Income 2017: $468,4612017Revenue 2018: $901,448Expenses 2018: $803,787Net Income 2018: $97,6612018Revenue 2019: $946,710Expenses 2019: $1,005,976Net Income 2019: -$59,2662019Revenue 2020: $1,091,539Expenses 2020: $1,084,638Net Income 2020: $6,9012020Revenue 2021: $977,481Expenses 2021: $921,568Net Income 2021: $55,9132021Revenue 2022: $2,268,613Expenses 2022: $1,020,273Net Income 2022: $1,248,3402022Revenue 2023: $496,861Expenses 2023: $914,848Net Income 2023: -$417,9872023Revenue 2024: $923,331Expenses 2024: $1,007,526Net Income 2024: -$84,1952024

Highlighted filing

2024

Revenue$923,331
Expenses$1,007,526
Net Income-$84,195
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$14,679,511
Liabilities
$2,809,704
Net assets
$11,869,807
Revenue
$923,331
Expenses
$1,007,526
Net income
-$84,195
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$14.7$2.81$11.9$0.92$1.01$0.08
2023Detailed filing. Detailed filing data is available for this year.$14.9$2.98$12.0$0.50$0.91$0.42
2022Detailed filing. Detailed filing data is available for this year.$14.7$2.36$12.4$2.27$1.02$1.25
2021Detailed filing. Detailed filing data is available for this year.$13.7$2.54$11.1$0.98$0.92$0.06
2020Detailed filing. Detailed filing data is available for this year.$13.8$2.72$11.1$1.09$1.08$0.01
2019Detailed filing. Detailed filing data is available for this year.$13.9$2.89$11.1$0.95$1.01$0.06
2018Detailed filing. Detailed filing data is available for this year.$14.2$3.05$11.1$0.90$0.80$0.10
2017Detailed filing. Detailed filing data is available for this year.$13.8$2.79$11.0$2.19$1.73$0.47
2016Detailed filing. Detailed filing data is available for this year.$13.4$2.94$10.5$1.20$1.13$0.08
2015Detailed filing. Detailed filing data is available for this year.$13.5$3.08$10.4$1.02$1.00$0.02
2014Detailed filing. Detailed filing data is available for this year.$13.6$3.21$10.4$1.55$1.47$0.08
2013Detailed filing. Detailed filing data is available for this year.$13.7$3.34$10.3$0.49$0.48$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.8$3.47$10.3$1.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.4$3.31$10.1$1.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.1$3.41$9.67$0.50
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 28, 2025
Return Version
2024v5.0
Gross Receipts
$923,331
Mission and Program Overview

Mission

Support, manage, and fund educational programs of new mexico state university and texas a&m university which, but for this organization, would be engaged in by the universities themselves. This includes, but is not limited to, scholarship programs and research programs.

Support, manage, and fund educational programs of new mexico state university and texas a&m university

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$13,475,126$13,361,843▼ $113,283
Cap Stk Tr Prin Current Funds$9,843,638$9,843,638→ $0
Rtn Earn Endowment Incm Other Fnds$2,110,364$2,026,169▼ $84,195
Other Notes and Loans Receivable, Net$1,274,701$1,218,606▼ $56,095
Savings and Temporary Cash Investments$184,184$98,062▼ $86,122
Investments Other Securities$1,000$1,000→ $0
Total Assets$14,935,011$14,679,511▼ $255,500
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,981,009$2,809,704▼ $171,305
Total Liabilities$2,981,009$2,809,704▼ $171,305
Net Assets / Fund Balance
Total Net Assets Fund Balance$11,954,002$11,869,807▼ $84,195
Total Liabilities and Net Assets / Fund Balance$14,935,011$14,679,511▼ $255,500

Asset Categories

AssetBook ValueDepreciationBasis
Land$11,865,529-$11,865,529
Other Land Buildings$1,346,683$1,892,342$3,239,025
Equipment-$955,659$955,659
Buildings$149,631$306,172$455,803
Compensation and Service Providers
Top Officer Pay67th percentile

Board Members and Trustees

NameTitle
Benjamin G SalopekPresident
Brad E LewisDirector
Dr George Ray MceachernDirector
M Dustin SalopekVP, Sec/trea
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$103,037
Other Revenue
$820,294
Change in Net Assets
$-84,195
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$807,526
Grants and Similar Amounts Paid$200,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest-$214,251-$214,251
Grants to Domestic Orgs$200,000--$200,000
Depreciation Depletion-$181,143-$181,143
Other Expenses-$27,883-$27,883
Fees for Services Accounting-$24,130-$24,130
Fees for Services Management-$23,960-$23,960
All Other Expenses-$7,339-$7,339
Insurance-$2,052-$2,052
Fees for Services Legal-$401-$401
Total Functional Expenses$200,000$807,526$0$1,007,526
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
New Mexico State UniversityLas Cruces, NMGovScholarship and Rese$150,000
Texas a M UniversityCollege Station, TXGovResearch Programs in$50,000
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Salopek 6u Farms IncEntity More ThaLand LeaseNo$820,294
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“A copy of the complete form 990 and all supporting schedules is provided to each board member for their comments before the 990 is filed”

Form 990, Page 6, Part VI, Line 12C

“The directors review questions at each meeting”

Form 990, Page 6, Part VI, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Salopek Foundation
EIN
30-0027893
Phone
5755240552
Address
5090 SNOW ROAD, LAS CRUCES, NM 88005

Signing Officer

Name
Benjamin G Salopek
Title
President
Phone
5755240552
Signed
2025-09-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Benjamin G Salopek
Formed
2001
Legal Domicile
De
Voting Board Members
4
Independent Board Members
2
Employees
0

Preparer

Firm
Mackie Reid & Company Pa
Address
4001 INDIAN SCHOOL RD STE 110, ALBUQUERQUE, NM 87110
Preparer
Diane R Smith
Phone
5052684335
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Support, manage, and fund educational programs of new mexico state university and texas a&m university which, but for this organization, would be engaged in by the universities themselves. This includes, but is not limited to, scholarship programs and research programs.”

Raw XML Appendix373 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/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0SUPPORT, MANAGE, AND FUND EDUCATIONAL PROGRAMS OF NEW MEXICO STATE UNIVERSITY AND TEXAS A&M UNIVERSITY
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt07339
IRS990/AllOtherExpensesGrp/TotalAmt07339
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BooksInCareOfDetail/PersonNm0HILTON DICKSON
IRS990/BooksInCareOfDetail/PhoneNum05755240552
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05090 SNOW ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0LAS CRUCES
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NM
IRS990/BooksInCareOfDetail/USAddress/ZIPCd088005
IRS990/BusinessRlnWith35CtrlEntInd0true
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt09843638
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt09843638
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt0200000
IRS990/CYInvestmentIncomeAmt0103037
IRS990/CYOtherExpensesAmt0807526
IRS990/CYOtherRevenueAmt0820294
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-84195
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01007526
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0923331
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0181143
IRS990/DepreciationDepletionGrp/TotalAmt0181143
IRS990/Desc0TEXAS A&M UNIVERSITY FUNDING AND MANAGEMENT FOR RESEARCH ACTIVITIES IN THE COLLEGE OF AGRICULTURE & LIFE SCIENCES
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt050000
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt024130
IRS990/FeesForServicesAccountingGrp/TotalAmt024130
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0401
IRS990/FeesForServicesLegalGrp/TotalAmt0401
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt023960
IRS990/FeesForServicesManagementGrp/TotalAmt023960
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt04.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt14.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0BENJAMIN G SALOPEK
IRS990/Form990PartVIISectionAGrp/PersonNm1M DUSTIN SALOPEK
IRS990/Form990PartVIISectionAGrp/PersonNm2BRAD E LEWIS
IRS990/Form990PartVIISectionAGrp/PersonNm3DR GEORGE RAY MCEACHERN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VP, SEC/TREA
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantAmt050000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0200000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0200000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0923331
IRS990/GrossRentsGrp/RealAmt0820294
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt02052
IRS990/InsuranceGrp/TotalAmt02052
IRS990/InterestGrp/ManagementAndGeneralAmt0214251
IRS990/InterestGrp/TotalAmt0214251
IRS990/InvestmentIncomeGrp/ExclusionAmt0103037
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0103037
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01000
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01000
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03154173
IRS990/LandBldgEquipBasisNetGrp/BOYAmt013475126
IRS990/LandBldgEquipBasisNetGrp/EOYAmt013361843
IRS990/LandBldgEquipCostOrOtherBssAmt016516016
IRS990/LegalDomicileStateCd0DE
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0SUPPORT, MANAGE, AND FUND EDUCATIONAL PROGRAMS OF NEW MEXICO STATE UNIVERSITY AND TEXAS A&M UNIVERSITY WHICH, BUT FOR THIS ORGANIZATION, WOULD BE ENGAGED IN BY THE UNIVERSITIES THEMSELVES. THIS INCLUDES, BUT IS NOT LIMITED TO, SCHOLARSHIP PROGRAMS AND RESEARCH PROGRAMS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02981009
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02809704
IRS990/NetAssetsOrFundBalancesBOYAmt011954002
IRS990/NetAssetsOrFundBalancesEOYAmt011869807
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0820294
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0820294
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1PRUNING
IRS990/OtherExpensesGrp/Desc2ASSESSMENT FEES
IRS990/OtherExpensesGrp/Desc3PROPERTY TAXES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0125435
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1106583
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt294349
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt327883
IRS990/OtherExpensesGrp/TotalAmt0125435
IRS990/OtherExpensesGrp/TotalAmt1106583
IRS990/OtherExpensesGrp/TotalAmt294349
IRS990/OtherExpensesGrp/TotalAmt327883
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01274701
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01218606
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0BENJAMIN G SALOPEK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0NEW MEXICO STATE UNIVERSITY FUNDING AND MANAGEMENT FOR STUDENT AID AND RESEARCH ACTIVITIES IN THE COLLEGE OF AGRICULTURE, CONSUMER & ENVIRONMENTAL SCIENCE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0150000
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0150000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0250000
IRS990/PYInvestmentIncomeAmt0125958
IRS990/PYOtherExpensesAmt0664848
IRS990/PYOtherRevenueAmt0370903
IRS990/PYRevenuesLessExpensesAmt0-417987
IRS990/PYTotalExpensesAmt0914848
IRS990/PYTotalRevenueAmt0496861
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-84195
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0820294
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02110364
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02026169
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0184184
IRS990/SavingsAndTempCashInvstGrp/EOYAmt098062
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType3FuncIntGrp/GovernmentalEntityInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0SINCE THE FOUNDATION'S INCEPTION, THERE HAS BEEN AN HISTORIC AND CONTINUING RELATIONSHIP BETWEEN THE FOUNDATION AND NEW MEXICO STATE UNIVERSITY AND TEXAS A&M UNIVERSITY COLLEGES OF AGRICULTURE. A SUBSTANTIAL INDENTITY OF INTERESTS HAS DEVELOPED. THE FOUNDATIONS INVOLVEMENT WITH THESE UNIVERSITIES IS DISCUSSED IN DETAIL IN THE FOLLOWING SECTIONS D AND E.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1AS PROVIDED IN THE FOUNDATIONS ARTICLES OF INCORPORATION AND BYLAWS, NEW MEXICO STATE UNIVERSITY AND TEXAS A&M UNIVERSITY EACH APPOINT AT LEAST ONE INDIVIDUAL TO SERVE ON THE FOUNDATIONS BOARD. THESE INDIVIDUALS SHALL BE EITHER AN OFFICER, MEMBER OF THE BOARD, OR FACULTY MEMBER OF THE RESPECTIVE UNIVERSITY. THE FOUNDATIONS BOARD OF DIRECTORS HAVE THE RESPONSIBILITY AND AUTHORITY TO ESTABLISH POLICIES AND RULES OF PROCEDURE FOR THE CONDUCT OF BUSINESS, CONTROL THE BUDGET, AUTHORIZE EXPENDITURES, AND MANAGE AND CONTROL ASSETS. IN 2024, TWO OUT OF FOUR BOARD MEMBERS WERE APPOINTEES OF THE SUPPORTED ORGANIZATIONS. THIS REPRESENTATION ON THE BOARD OF DIRECTORS ENSURES THE SUPPORTED ORGANIZATIONS HAVE A SIGNIFICANT VOICE IN INVESTMENT POLICIES OF THE FOUNDATION, AND IN THE TIMING, MANNER, AND SELECTION OF GRANT RECIPIENTS AND DIRECTING THE USE OF INCOME AND ASSETS OF THE FOUNDATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2NEW MEXICO STATE UNIVERSITY (NMSU) AND TEXAS A&M UNIVERSITY (TAMU) ARE STATE AGENCIES. THE FOUNDATION PROVIDES SUPPORT TO NMSU COLLEGE OF AGRICULTURAL, CONSUMER & ENVIRONMENTAL SCIENCE, WHICH INCLUDES: ENDOWED SCHOLARSHIP PROGRAM - PROVIDE FUNDING FOR ENDOWMENT, STUDENTS THAT ARE AWARDED SCHOLARSHIPS ARE SELECTED BY NMSU, THE NMSU APPOINTED FOUNDATION BOARD MEMBER IS ON SELECTION COMMITTEE AGRICULTURAL RESEARCH PROGRAM - PROVIDE FUNDING FOR RESEARCH PROJECTS, INCLUDING FUNDING COMMITMENTS FOR MULTI-YEAR PROJECTS, PROVIDE AN ALLOCATION OF ACREAGE FROM THE FOUNDATIONS ORCHARDS FOR USE IN LONG-TERM RESEARCH, THE NMSU APPOINTED FOUNDATION BOARD MEMBER ADMINISTERS RESEARCH PROJECTS DEPARTMENT PROJECTS - PROVIDE FUNDING FOR SPECIFIC PROJECTS WITHIN DEPARTMENTS OF THE COLLEGE OF AGRICULTURAL, CONSUMER & ENVIRONMENTAL SCIENCE. THE FOUNDATION PROVIDES SUPPORT TO TAMU COLLEGE OF AGRICULTURE & LIFE SCIENCES, PRIMARILY FUNDING A RESEARCH FARM. THESE ARE ACTIVITIES THAT, BUT FOR THE FOUNDATIONS INVOLVEMENT, THE UNIVERSITIES WOULD NORMALLY BE ENGAGED IN THEMSELVES. THIS SUPPORT ENSURES THE ATTENTIVENESS OF NMSU AND TAMU TO THE FOUNDATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt3PART I, LINE 12G, COLUMN IV: SINCE THE FOUNDATIONS INCEPTION, THERE HAS BEEN AN HISTORIC AND CONTINUING RELATIONSHIP BETWEEN THE FOUNDATION AND NEW MEXICO STATE UNIVERSITY, AND A SUBSTANTIAL INDENTITY OF INTERESTS HAS DEVELOPED. THE FOUNDATIONS INVOLVEMENT WITH THIS UNIVERSITY IS DISCUSSED IN DETAIL IN SECTIONS D AND E. PART I, LINE 12G, COLUMN IV: SINCE THE FOUNDATIONS INCEPTION, THERE HAS BEEN AN HISTORIC AND CONTINUING RELATIONSHIP BETWEEN THE FOUNDATION AND TEXAS A&M UNIVERSITY COLLEGES OF AGRICULTURE, AND A SUBSTANCIAL IDENTITY OF INTERESTS HAS DEVELOPED. THE FOUNDATIONS INVOLVEMENT WITH THIS UNIVERSITY IS DISCUSSED IN DETAIL IN SECTIONS D AND E.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 1
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION D, LINE 3
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2PART IV, SECTION E, LINE 1C
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc3SUPPLEMENTAL INFORMATION
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt02
IRS990ScheduleA/SupportedOrganizationsTotalCnt02
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0237076930
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1856000401
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0false
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd1false
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd16
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt050000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt1150000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0TEXAS A&M UNIVERSITY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1NEW MEXICO STATE UNIVERSITY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt0200000
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0149631
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0306172
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0455803
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0955659
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0955659
IRS990ScheduleD/LandGrp/BookValueAmt011865529
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt011865529
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01346683
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01892342
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03239025
IRS990ScheduleD/TotalBookValueLandBuildingsAmt013361843
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0150000
IRS990ScheduleI/RecipientTable/CashGrantAmt150000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOV
IRS990ScheduleI/RecipientTable/IRCSectionDesc1GOV
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SCHOLARSHIP AND RESE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1RESEARCH PROGRAMS IN
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0NEW MEXICO STATE UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1TEXAS A M UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientEIN0856000401
IRS990ScheduleI/RecipientTable/RecipientEIN1237076930
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 30003
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1TEXAS A M UNIVERSITY
IRS990ScheduleI/RecipientTable/USAddress/CityNm0LAS CRUCES
IRS990ScheduleI/RecipientTable/USAddress/CityNm1COLLEGE STATION
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NM
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd088003
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd177843
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION BOARD MONITORS THROUGH DIRECT CONTACT WITH NEW MEXICO STATE UNIVERSITY AND TEXAS A&M UNIVERSITY AND THROUGH REPRESENTATION ON THE SALOPEK FOUNDATION BOARD OF DIRECTORS
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleI/Total501c3OrgCnt02
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0SALOPEK 6U FARMS INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0ENTITY MORE THA
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0820294
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0LAND LEASE
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (A) NAME OF PERSON: SALOPEK 6U FARMS, INC. (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: ENTITY MORE THAN 35% CONTROLLED BY OFFICERS (1)B SALOPEK AND (2)D SALOPEK (C) AMOUNT OF TRANSACTION 820,294. (D) DESCRIPTION OF TRANSACTION: LAND LEASE (E) SHARING OF ORGANIZATION REVENUES? = NO
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SUPPORT, MANAGE, AND FUND EDUCATIONAL PROGRAMS OF NEW MEXICO STATE UNIVERSITY AND TEXAS A&M UNIVERSITY WHICH, BUT FOR THIS ORGANIZATION, WOULD BE ENGAGED IN BY THE UNIVERSITIES THEMSELVES. THIS INCLUDES, BUT IS NOT LIMITED TO, SCHOLARSHIP PROGRAMS AND RESEARCH PROGRAMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE COMPLETE FORM 990 AND ALL SUPPORTING SCHEDULES IS PROVIDED TO EACH BOARD MEMBER FOR THEIR COMMENTS BEFORE THE 990 IS FILED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DIRECTORS REVIEW QUESTIONS AT EACH MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt014935011
IRS990/TotalAssetsEOYAmt014679511
IRS990/TotalAssetsGrp/BOYAmt014935011
IRS990/TotalAssetsGrp/EOYAmt014679511
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0807526
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0200000
IRS990/TotalFunctionalExpensesGrp/TotalAmt01007526
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02981009
IRS990/TotalLiabilitiesEOYAmt02809704
IRS990/TotalLiabilitiesGrp/BOYAmt02981009
IRS990/TotalLiabilitiesGrp/EOYAmt02809704
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt011954002
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt011869807
IRS990/TotalProgramServiceExpensesAmt0200000
IRS990/TotalRevenueGrp/ExclusionAmt0923331
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0923331
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt014935011
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt014679511
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05090 SNOW ROAD
IRS990/USAddress/CityNm0LAS CRUCES
IRS990/USAddress/StateAbbreviationCd0NM
IRS990/USAddress/ZIPCd088005
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BENJAMIN G SALOPEK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05755240552
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SALOPEK FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0SALO
ReturnHeader/Filer/EIN0300027893
ReturnHeader/Filer/PhoneNum05755240552
ReturnHeader/Filer/USAddress/AddressLine1Txt05090 SNOW ROAD
ReturnHeader/Filer/USAddress/CityNm0LAS CRUCES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NM
ReturnHeader/Filer/USAddress/ZIPCd088005
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0850303670
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MACKIE REID & COMPANY PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04001 INDIAN SCHOOL RD STE 110
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ALBUQUERQUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd087110
ReturnHeader/PreparerPersonGrp/PhoneNum05052684335
ReturnHeader/PreparerPersonGrp/PreparationDt02025-09-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DIANE R SMITH
ReturnHeader/ReturnTs02025-10-09T19:29:35-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.