Civic Intelligence

New Mexico Farm & Livestock Bureau

EIN 85-0108577 • 501(c)5 • Las Cruces, NM

Profile

New mexico farm and livestock's primary exempt purpose is to provide insurance services, legislative services, marketing services, public information and education to its members.

2220 N Telshor BlvdLas Cruces, NM 88011

www.nmfarmbureau.org

Siviq Scores

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

Liabilities / Assets

77th percentile

0.13x

Higher debt load relative to assets than 77% of similar nonprofits.

501(c)5 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

86th percentile

0.29x

Higher debt load relative to revenue than 86% of similar nonprofits.

501(c)5 • $5M-$10M nonprofits • Source year 2024

Net Margin

47th percentile

9.3%

Higher net margin than 47% of similar nonprofits.

501(c)5 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

18th percentile

$106,980

Higher top officer pay than 18% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

501(c)5 • $5M-$10M nonprofits • Source year 2024

Asset Growth

62nd percentile

11%

Faster asset growth than 62% of similar nonprofits.

501(c)5 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

57th percentile

9.8%

Faster revenue growth than 57% of similar nonprofits.

501(c)5 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$5,865,721

Up $563,719 (+11%) from 2023

Liabilities

Down

$778,988

Down $19,574 (-2.5%) from 2023

Net Assets

Up

$5,086,733

Up $583,293 (+13%) from 2023

Revenue

Up

$2,680,548

Up $239,658 (+9.8%) from 2023

Expenses

Up

$2,432,071

Up $388,197 (+19%) from 2023

Net Income

Down

$248,477

Down $148,539 (-37%) from 2023

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $2,377,707Liabilities 2010: $150,873Net Assets 2010: $2,226,8342010Assets 2011: $2,385,756Liabilities 2011: $158,204Net Assets 2011: $2,227,5522011Assets 2012: $2,503,390Liabilities 2012: $201,470Net Assets 2012: $2,301,9202012Assets 2013: $2,649,096Liabilities 2013: $191,475Net Assets 2013: $2,457,6212013Assets 2014: $2,693,989Liabilities 2014: $153,509Net Assets 2014: $2,540,4802014Assets 2015: $2,872,054Liabilities 2015: $182,553Net Assets 2015: $2,689,5012015Assets 2016: $3,087,360Liabilities 2016: $176,538Net Assets 2016: $2,910,8222016Assets 2017: $3,259,822Liabilities 2017: $195,431Net Assets 2017: $3,064,3912017Assets 2018: $3,333,333Liabilities 2018: $237,834Net Assets 2018: $3,095,4992018Assets 2019: $3,537,358Liabilities 2019: $237,253Net Assets 2019: $3,300,1052019Assets 2020: $3,898,182Liabilities 2020: $286,248Net Assets 2020: $3,611,9342020Assets 2021: $4,403,945Liabilities 2021: $276,408Net Assets 2021: $4,127,5372021Assets 2022: $4,877,775Liabilities 2022: $194,949Net Assets 2022: $4,682,8262022Assets 2023: $5,302,002Liabilities 2023: $798,562Net Assets 2023: $4,503,4402023Assets 2024: $5,865,721Liabilities 2024: $778,988Net Assets 2024: $5,086,7332024

Highlighted filing

2024

Assets$5,865,721
Liabilities$778,988
Net Assets$5,086,733

Operations Trend

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

$3.0M$2.0M$1.0M$0Expenses 2010: $1,384,0772010Expenses 2011: $1,555,8722011Revenue 2012: $1,669,621Expenses 2012: $1,595,253Net Income 2012: $74,3682012Revenue 2013: $1,947,978Expenses 2013: $1,792,277Net Income 2013: $155,7012013Revenue 2014: $1,915,128Expenses 2014: $1,832,269Net Income 2014: $82,8592014Revenue 2015: $1,947,489Expenses 2015: $1,798,468Net Income 2015: $149,0212015Revenue 2016: $2,072,833Expenses 2016: $1,851,512Net Income 2016: $221,3212016Revenue 2017: $2,066,285Expenses 2017: $1,912,716Net Income 2017: $153,5692017Revenue 2018: $1,946,220Expenses 2018: $1,915,112Net Income 2018: $31,1082018Revenue 2019: $2,314,276Expenses 2019: $2,109,670Net Income 2019: $204,6062019Revenue 2020: $2,090,443Expenses 2020: $1,778,614Net Income 2020: $311,8292020Revenue 2021: $2,210,621Expenses 2021: $1,802,355Net Income 2021: $408,2662021Revenue 2022: $2,189,728Expenses 2022: $2,092,206Net Income 2022: $97,5222022Revenue 2023: $2,440,890Expenses 2023: $2,043,874Net Income 2023: $397,0162023Revenue 2024: $2,680,548Expenses 2024: $2,432,071Net Income 2024: $248,4772024

Highlighted filing

2024

Revenue$2,680,548
Expenses$2,432,071
Net Income$248,477

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.87$0.78$5.09$2.68$2.43$0.25
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.30$0.80$4.50$2.44$2.04$0.40
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.88$0.19$4.68$2.19$2.09$0.10
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.40$0.28$4.13$2.21$1.80$0.41
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.90$0.29$3.61$2.09$1.78$0.31
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.54$0.24$3.30$2.31$2.11$0.20
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.33$0.24$3.10$1.95$1.92$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.26$0.20$3.06$2.07$1.91$0.15
2016Detailed filing. Detailed filing data is available for this year.$3.09$0.18$2.91$2.07$1.85$0.22
2015Detailed filing. Detailed filing data is available for this year.$2.87$0.18$2.69$1.95$1.80$0.15
2014Detailed filing. Detailed filing data is available for this year.$2.69$0.15$2.54$1.92$1.83$0.08
2013Summary only. Only limited summary data is available for this year.$2.65$0.19$2.46$1.95$1.79$0.16
2012Summary only. Only limited summary data is available for this year.$2.50$0.20$2.30$1.67$1.60$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.39$0.16$2.23$1.56
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.38$0.15$2.23$1.38
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Nov 1, 2023 to Oct 31, 2024
Signed
Apr 18, 2025
Return Version
2023v6.0
Gross Receipts
$2,682,515
Mission and Program Overview

Mission

New mexico farm and livestock's primary exempt purpose is to provide insurance services, legislative services, marketing services, public information and education to its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,693,226$2,725,453▲ $32,227
Cash and Non-Interest-Bearing Accounts$1,720,389$1,785,866▲ $65,477
Savings and Temporary Cash Investments$207,538$543,510▲ $335,972
Intangible Assets$509,460$478,698▼ $30,762
Land, Buildings, and Equipment, Net$97,650$172,288▲ $74,638
Prepaid Expenses and Deferred Charges$48,108$106,002▲ $57,894
Accounts Receivable$25,631$53,904▲ $28,273
Total Assets$5,302,002$5,865,721▲ $563,719
Liabilities
Other Liabilities$624,188$582,337▼ $41,851
Accounts Payable and Accrued Expenses$174,374$196,651▲ $22,277
Total Liabilities$798,562$778,988▼ $19,574
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,473,023$4,930,243▲ $1,457,220
Net Assets With Donor Restrictions$1,030,417$156,490▼ $873,927
Total Net Assets Fund Balance$4,503,440$5,086,733▲ $583,293
Total Liabilities and Net Assets / Fund Balance$5,302,002$5,865,721▲ $563,719

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$172,288$227,805$400,093
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Elizabeth FosterChief ExecutFT$106,980$106,980
Elizabeth FosterChief Executive Off-$106,980$106,980
Larry ReaganPresident-$18,000$18,000

Board Members and Trustees

NameTitle
Bud DeermanDirector
Connie RooksDirector
Deena KinmanDirector
Donald MartinezDirector
Duane FrostDirector
Gary HathornDirector
Jamie ViramontesDirector
Jim EllettDirector
John JacksonDirector
Kenneth DavisDirector
Kim MillerDirector
Leon HemannDirector
Leonard ValerioDirector
Ron BacaDirector
Russell JohnsonDirector
Tina WilsonDirector
Tom WiltonDirector
Tommy OrtizDirector
Troy SaubleDirector
Don Hartman1st Vice Pre
Travis Harris2nd Vice Pre
Joel FergusonPast Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,512,255
Investment Income
$81,347
Other Revenue
$86,946
Change in Net Assets
$248,477
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,274,743
Other Expenses$989,454
Grants and Similar Amounts Paid$167,874
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$244,040$395,831-$639,871
Other Employee Benefits$209,391$236,122-$445,513
Grants to Domestic Orgs$167,874--$167,874
Conferences and Meetings$167,668--$167,668
Travel$101,159$54,471-$155,630
Comp Disqual Persons$106,980--$106,980
Office Expenses$69,286$32,642-$101,928
All Other Expenses$52,261$23,860-$76,121
Payroll Taxes$30,258$34,121-$64,379
Depreciation Depletion$28,224$22,585-$50,809
Insurance$21,654$21,654-$43,308
Occupancy$22,498$19,952-$42,450
Advertising$28,897--$28,897
Other Expenses$23,979--$23,979
Current Officers, Directors, Trustees, and Key Employees$9,000$9,000-$18,000
Information Technology$7,958$7,057-$15,015
Fees for Services Accounting$7,324$7,324-$14,648
Fees for Services Legal$7,701--$7,701
Interest-$597-$597
Total Functional Expenses$1,566,855$865,216$0$2,432,071
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Board ContributionsLas Cruces, NM--$58,000
Nm Farm & Livestock Bureau FoundLas Cruces, NM3Operating Costs$50,540
US Farmers & Ranchers AllianceChesterfield, MO-Ag Events$10,000
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$474,141
Prepaid Income$66,280
Accrued Compensated Absences$41,916
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
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
Yes
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 7A

Members of governing body are elected at the annual meeting by the membership.

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

The board reviews and approves form 990 at board meetings.

Form 990, Page 6, Part VI, Line 15A

The executive committee of the board of directors meets to set compensation levels for the president and the chief executive officer in charge of operations.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
New Mexico Farm & Livestock Bureau
EIN
85-0108577
Phone
5755324700
Address
2220 N TELSHOR BLVD, LAS CRUCES, NM 88011

Signing Officer

Name
Benjamin Segovia
Title
Chief Executive Off
Phone
5755324700
Signed
2025-04-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Benjamin Segovia
Formed
1949
Legal Domicile
Nm
Voting Board Members
23
Independent Board Members
23
Employees
15

Preparer

Firm
Beasley Mitchell & Co Llp
Address
PO DRAWER 550, LAS CRUCES, NM 88004-0550
Preparer
Bradley M Beasley CPA
Phone
5755286700
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Provide benefits to members through committees for education and other diverse areas of agriculture.

Form 990, Part XI, Line 9

Book / tax depreciation difference 2,757 adjustment -2,757

Raw XML AppendixShowing 400 of 571 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
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IRS990/Form990PartVIISectionAGrp/PersonNm22CONNIE ROOKS
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHIEF EXECUT
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt21ST VICE PRE
IRS990/Form990PartVIISectionAGrp/TitleTxt32ND VICE PRE
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23PAST PRESIDE
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IRS990/FormationYr01949
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IRS990/IntangibleAssetsGrp/BOYAmt0509460
IRS990/IntangibleAssetsGrp/EOYAmt0478698
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IRS990/MinutesOfCommitteesInd0true
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IRS990/MissionDesc0NEW MEXICO FARM AND LIVESTOCK'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE INSURANCE SERVICES, LEGISLATIVE SERVICES, MARKETING SERVICES, PUBLIC INFORMATION AND EDUCATION TO ITS MEMBERS.
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IRS990/Organization501cInd0X
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IRS990/OtherExpensesGrp/Desc0COMMITTEE EXPENSES
IRS990/OtherExpensesGrp/Desc1OFFICERS & DIRECTORS
IRS990/OtherExpensesGrp/Desc2MEMBERSHIP EXPENSE
IRS990/OtherExpensesGrp/Desc3LEGISLATIVE EXPENSES
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IRS990/OtherExpensesGrp/ProgramServicesAmt189690
IRS990/OtherExpensesGrp/ProgramServicesAmt245149
IRS990/OtherExpensesGrp/ProgramServicesAmt323979
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IRS990/OtherExpensesGrp/TotalAmt245149
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IRS990/OtherRevenueMiscGrp/Desc0DISASTER RELIEF INCOME
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IRS990/ProgramServiceRevenueGrp/Desc3ANNUAL MEETING INCOME
IRS990/ProgramServiceRevenueGrp/Desc4NEW MEXICO FARM AND RANCH M
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2104006
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt361515
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt417757
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt017757
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDE MEMBERS WITH PUBLIC INFORMATION AND LEGISLATIVE SERVICES REGARDING AGRICULTURAL ISSUES AND INTERESTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0114988
IRS990/ProgSrvcAccomActy2Grp/GrantAmt049334
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0106505
IRS990/ProgSrvcAccomActy3Grp/Desc0PROVIDE MEMBERS WITH MARKETING INFORMATION, GUIDANCE AND ANSWER QUESTIONS REGARDING MERCHANDISING PROGRAMS, SERVICES AND PROVIDERS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt023751
IRS990/ProgSrvcAccomActy3Grp/GrantAmt010000
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt021867
IRS990/ProgSrvcAccomActyOtherGrp/Desc0PROVIDE BENEFITS TO MEMBERS THROUGH COMMITTEES FOR EDUCATION AND OTHER DIVERSE AREAS OF AGRICULTURE.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt041606
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt016275
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt052959
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IRS990/PYOtherRevenueAmt06724
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IRS990/PYRevenuesLessExpensesAmt0397016
IRS990/PYSalariesCompEmpBnftPaidAmt01022889
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IRS990/ReconcilationRevenueExpnssAmt0248477
IRS990/RegularMonitoringEnfrcInd0false
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IRS990ScheduleD/EquipmentGrp/BookValueAmt0172288
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0474141
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt166280
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt241916

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