Liabilities / Assets
71st percentile
Higher debt load relative to assets than 71% of similar nonprofits.
New Mexico Horsemen'S Association
EIN 85-0198658 • 501(c)4 • Albuquerque, NM
Profile
To actively promote the general welfare and health of licensed owners, trainers and grooms (the horsemen)who race in the state of new mexico.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.19x
Liabilities / Revenue
98th percentile
Higher debt load relative to revenue than 98% of similar nonprofits.
Net Margin
2nd percentile
Higher net margin than 2% of similar nonprofits.
Top Officer Pay
63rd percentile
Higher top officer pay than 63% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
37th percentile
Faster asset growth than 37% of similar nonprofits.
Revenue Growth
64th percentile
Faster revenue growth than 64% of similar nonprofits.
Balance Sheet
Assets
Up$1,910,394
Up $13,422 (+0.7%) from 2023
Liabilities
Up$367,078
Up $119,970 (+49%) from 2023
Net Assets
Down$1,543,316
Down $106,548 (-6.5%) from 2023
Revenue
Up$58,656
Up $8,905 (+18%) from 2023
Expenses
Down$165,204
Down $56,388 (-25%) from 2023
Net Income
Up-$106,548
Up $65,293 (+38%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $1,910,394
- Liabilities
- $367,078
- Net assets
- $1,543,316
- Revenue
- $58,656
- Expenses
- $165,204
- Net income
- -$106,548
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Nov 6, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $77,436
Mission and Program Overview
Mission
To actively promote the general welfare and health of licensed owners, trainers, and grooms (the horsemen) who race in the state of new mexico.
Representing horsemen racing in new mexico since 1966 with benevolence, timely information, and assistance to all.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $1,633,936 | $1,753,278 | ▲ $119,342 |
| Land, Buildings, and Equipment, Net | $170,607 | $140,259 | ▼ $30,348 |
| Investments in Publicly Traded Securities | $77,391 | - | - |
| Cash and Non-Interest-Bearing Accounts | $15,038 | $16,857 | ▲ $1,819 |
| Total Assets | $1,896,972 | $1,910,394 | ▲ $13,422 |
| Liabilities | |||
| Other Liabilities | $247,108 | $367,078 | ▲ $119,970 |
| Total Liabilities | $247,108 | $367,078 | ▲ $119,970 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $1,649,864 | $1,543,316 | ▼ $106,548 |
| Total Net Assets Fund Balance | $1,649,864 | $1,543,316 | ▼ $106,548 |
| Total Liabilities and Net Assets / Fund Balance | $1,896,972 | $1,910,394 | ▲ $13,422 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $107,652 | $161,277 | $268,929 |
| Land | $30,000 | - | $30,000 |
| Equipment | $2,607 | $17,710 | $20,317 |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Dr Paul Jenson | President |
| Adam Archuleta | Director |
| Celio Trujillo Jr | Director |
| Denise Chambliss | Director |
| Larry Strain | Director |
| Patrick Sanders | Director |
| Pamela Sena | Secretary/tr |
| Susan Prather | Vice Preside |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $25,844
- Program Service Revenue
- $0
- Investment Income
- $32,812
- Other Revenue
- $0
- All Other Contributions
- $25,844
- Change in Net Assets
- $-106,548
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $143,896 |
| Grants and Similar Amounts Paid | $21,308 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Legal | - | $51,452 | - | $51,452 |
| Fees for Services Accounting | - | $23,789 | - | $23,789 |
| Grants to Domestic Individuals | $21,308 | - | - | $21,308 |
| Office Expenses | $12,315 | $4,196 | - | $16,511 |
| Occupancy | $12,565 | $2,273 | - | $14,838 |
| Depreciation Depletion | $9,796 | $1,772 | - | $11,568 |
| Insurance | $4,362 | $790 | - | $5,152 |
| Travel | $605 | - | - | $605 |
| Other Expenses | $364 | $114 | - | $478 |
| Total Functional Expenses | $77,830 | $87,374 | $0 | $165,204 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Subject to proxy tax
- No
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Cash Held for Others - Medical Fund | $367,078 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- 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
- 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 6
“Membership is achieved when the new mexico racing commission grants the candidate a license as an owner or trainer of racehorses and such member is actively engaged in racing within the state of new mexico.”
Form 990, Page 6, Part VI, Line 7A
“Any duly qualified member may be nominated to serve as a track committee member of one of the five licensed tracks in the state of new mexico, and served by the association (sunray park, zia park, the downs at albuquerque, sunland park, and ruidoso downs). Any association member is entitled to cast (1) vote for track committee members. Track committee members are elected to a term of two years, with the four candidates receiving the greatest number of votes being duly elected. Sunray park, zia park, and the downs of albuquerque elect owner-members in even-numbered years and trainer-members in odd-numbered years. Sunland park and ruidoso downs elects trainer-members in even-numbered years and owner-members in odd- numbered years. The duty of each track committee is to appoint 2 track committee members to serve on the board of directors of the association. The board of directors consists of 2 track committee members from each racetrack. Each track committee appoints 2 members. All directors have a regular term of 2 years.”
Form 990, Page 6, Part VI, Line 11B
“The president and the financial staff of the association review the form 990 with the preparer prior to distribution to the board of directors. The form 990 is filed with the irs after board members have had the opportunity to review and comment.”
Form 990, Page 6, Part VI, Line 12C
“The association's policy prohibits transactions that may represent a conflict of interest. Officers and directors must disclose any interest that could give rise to a conflict prior to engagement in any conflict situation. Compliance is monitored continuously.”
Form 990, Page 6, Part VI, Line 19
“The association makes its governing documents, form 990, and financial statements available to the public upon request at the association's headquarters, 217 palomas dr ne, albuquerque, new mexico, 87108.”
Filing and Contact Details
Filer
- Filer Name
- NEW MEXICO HORSEMEN'S ASSOCIATION
- EIN
- 85-0198658
- Phone
- 5052667056
- Address
- PO BOX 8695, ALBUQUERQUE, NM 87198
Signing Officer
- Name
- Dr Paul Jenson
- Title
- President
- Phone
- 5052667056
- Signed
- 2025-11-06
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Dr Paul Jenson
- Formed
- 1966
- Legal Domicile
- Nm
- Voting Board Members
- 8
- Independent Board Members
- 8
- Employees
- 0
- Volunteers
- 8
Preparer
- Firm
- Taylor Roth and Company
- Address
- 1580 LINCOLN ST STE 520, DENVER, CO 80203-1517
- Preparer
- Shannon L Gilliland
- Phone
- 3038308109
Supplemental Narrative
Additional Explanations
Form 990, Page 1, Part I, Line 6
“The board of directors serve in a voluntary capacity.”
Raw XML Appendix371 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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | REPRESENTING HORSEMEN RACING IN NEW MEXICO SINCE 1966 WITH BENEVOLENCE, TIMELY INFORMATION, AND ASSISTANCE TO ALL. |
| IRS990/AllOtherContributionsAmt | 0 | 25844 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | DR PAUL JENSON |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 5052667056 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 217 PALOMAS NE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | ALBUQUERQUE |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NM |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 87108 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 15038 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 16857 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 25844 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 21308 |
| IRS990/CYInvestmentIncomeAmt | 0 | 32812 |
| IRS990/CYOtherExpensesAmt | 0 | 143896 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -106548 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 165204 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 58656 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 1772 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 9796 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 11568 |
| IRS990/Desc | 0 | THE ASSOCIATION PROMOTES THE GENERAL WELFARE OF MEMBERS (NEW MEXICO HORSEMEN) BY FOSTERING A HIGHER LEVEL OF PUBLIC AWARENESS AND ACCEPTANCE OF THE HORSE RACING INDUSTRY IN THE STATE OF NEW MEXICO. THE ASSOCIATION ALSO REPRESENTS MEMBERS BY: (1)BEING PRESENT AT EVERY SINGLE GENERAL MEETING OF THE NEW MEXICO RACING COMMISSION TO PROTECT THE INTERESTS OF MEMBERS;AND (2)SERVING AS THE OFFICIAL LIAISON BETWEEN THE HORSEMEN AND TRACK MANAGEMENT AND STATE REGULATORY AUTHORITIES. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 77830 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 23789 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 23789 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 51452 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 51452 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | ADAM ARCHULETA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | DENISE CHAMBLISS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | PATRICK SANDERS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | LARRY STRAIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | CELIO TRUJILLO JR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | DR PAUL JENSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | SUSAN PRATHER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | PAMELA SENA |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | VICE PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | SECRETARY/TR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1966 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GainOrLossGrp/OtherAmt | 0 | -9780 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 8 |
| IRS990/GrantAmt | 0 | 21308 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 21308 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 21308 |
| IRS990/GrantsToIndividualsInd | 0 | true |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/OtherAmt | 0 | 9000 |
| IRS990/GrossReceiptsAmt | 0 | 77436 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 8 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 790 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 4362 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 5152 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 42592 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 42592 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 77391 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 178987 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 170607 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 140259 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 319246 |
| IRS990/LegalDomicileStateCd | 0 | NM |
| IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt | 0 | 18780 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingOtherInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | TO ACTIVELY PROMOTE THE GENERAL WELFARE AND HEALTH OF LICENSED OWNERS, TRAINERS, AND GROOMS (THE HORSEMEN) WHO RACE IN THE STATE OF NEW MEXICO. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1649864 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1543316 |
| IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt | 0 | -9780 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | -9780 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 1649864 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 1543316 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 2273 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 12565 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 14838 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 4196 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 12315 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 16511 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherExpensesGrp/Desc | 0 | DUES, FEES & SUBSCRIPTION |
| IRS990/OtherExpensesGrp/Desc | 1 | OTHER |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 2988 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 114 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 16515 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 364 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 19503 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 478 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 247108 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 367078 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | DR PAUL JENSON |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | THE ASSOCIATION MAINTAINS A MEDICAL BENEFIT FUND FOR THE HEALTH AND WELL- BEING OF MEMBERS, PROVIDING ILLNESS AND ACCIDENT MEDICAL ASSISTANCE PAYMENTS TO QUALIFIED MEMBERS UP TO 1,250 FOR ILLNESS AND ACCIDENTS PER YEAR. THIS INCLUDES RECEIVING AND HOLDING IN CUSTODY FUNDS RECEIVED BY NEW MEXICO STATUTE FOR MEMBER MEDICAL BENEFITS AND THE DISBURSEMENT OF THESE BENEFITS TO MEMBERS AS MANDATED BY STATUTE. |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 3000 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 41021 |
| IRS990/PYOtherExpensesAmt | 0 | 96191 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 5730 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -171841 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 125401 |
| IRS990/PYTotalExpensesAmt | 0 | 221592 |
| IRS990/PYTotalRevenueAmt | 0 | 49751 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -106548 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | true |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | true |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 1633936 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 1753278 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 107652 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 161277 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 268929 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 2607 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 17710 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 20317 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 30000 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 30000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 367078 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | CASH HELD FOR OTHERS - MEDICAL FUND |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 140259 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 367078 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | false |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt | 0 | 21308 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 0 | SPECIAL ASSIST - HARDSHIP |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt | 0 | 11 |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | THESE DISBURSEMENTS PRIMARILY INCLUDED HARDSHIP PAYMENTS MADE TO RUIDOSO HORSEMEN TO ADDRESS CRISIS RELATED TO WILDFIRES AND FLOODING. A COMMITTEE CONSISTING OF ASSOCIATION MEMBERS WAS ESTABLISHED BY THE ASSOCIATION TO REVIEW AND RECOMMEND THE HARDSHIP AID. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE I, PAGE 1, PART I, LINE 2 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE BOARD OF DIRECTORS SERVE IN A VOLUNTARY CAPACITY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | MEMBERSHIP IS ACHIEVED WHEN THE NEW MEXICO RACING COMMISSION GRANTS THE CANDIDATE A LICENSE AS AN OWNER OR TRAINER OF RACEHORSES AND SUCH MEMBER IS ACTIVELY ENGAGED IN RACING WITHIN THE STATE OF NEW MEXICO. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ANY DULY QUALIFIED MEMBER MAY BE NOMINATED TO SERVE AS A TRACK COMMITTEE MEMBER OF ONE OF THE FIVE LICENSED TRACKS IN THE STATE OF NEW MEXICO, AND SERVED BY THE ASSOCIATION (SUNRAY PARK, ZIA PARK, THE DOWNS AT ALBUQUERQUE, SUNLAND PARK, AND RUIDOSO DOWNS). ANY ASSOCIATION MEMBER IS ENTITLED TO CAST (1) VOTE FOR TRACK COMMITTEE MEMBERS. TRACK COMMITTEE MEMBERS ARE ELECTED TO A TERM OF TWO YEARS, WITH THE FOUR CANDIDATES RECEIVING THE GREATEST NUMBER OF VOTES BEING DULY ELECTED. SUNRAY PARK, ZIA PARK, AND THE DOWNS OF ALBUQUERQUE ELECT OWNER-MEMBERS IN EVEN-NUMBERED YEARS AND TRAINER-MEMBERS IN ODD-NUMBERED YEARS. SUNLAND PARK AND RUIDOSO DOWNS ELECTS TRAINER-MEMBERS IN EVEN-NUMBERED YEARS AND OWNER-MEMBERS IN ODD- NUMBERED YEARS. THE DUTY OF EACH TRACK COMMITTEE IS TO APPOINT 2 TRACK COMMITTEE MEMBERS TO SERVE ON THE BOARD OF DIRECTORS OF THE ASSOCIATION. THE BOARD OF DIRECTORS CONSISTS OF 2 TRACK COMMITTEE MEMBERS FROM EACH RACETRACK. EACH TRACK COMMITTEE APPOINTS 2 MEMBERS. ALL DIRECTORS HAVE A REGULAR TERM OF 2 YEARS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE PRESIDENT AND THE FINANCIAL STAFF OF THE ASSOCIATION REVIEW THE FORM 990 WITH THE PREPARER PRIOR TO DISTRIBUTION TO THE BOARD OF DIRECTORS. THE FORM 990 IS FILED WITH THE IRS AFTER BOARD MEMBERS HAVE HAD THE OPPORTUNITY TO REVIEW AND COMMENT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ASSOCIATION'S POLICY PROHIBITS TRANSACTIONS THAT MAY REPRESENT A CONFLICT OF INTEREST. OFFICERS AND DIRECTORS MUST DISCLOSE ANY INTEREST THAT COULD GIVE RISE TO A CONFLICT PRIOR TO ENGAGEMENT IN ANY CONFLICT SITUATION. COMPLIANCE IS MONITORED CONTINUOUSLY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE ASSOCIATION MAKES ITS GOVERNING DOCUMENTS, FORM 990, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AT THE ASSOCIATION'S HEADQUARTERS, 217 PALOMAS DR NE, ALBUQUERQUE, NEW MEXICO, 87108. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 1, PART I, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleR/AssetExchangeInd | 0 | false |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | false |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | false |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | false |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | false |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | false |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 0 | true |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt | 0 | NMHA |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | NM HORSEMEN'S POLITICAL ACTION COMM |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 527F3 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 0 | NM |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | PAC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 0 | 217 PALOMAS DR NE |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 0 | ALBUQUERQUE |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 0 | NM |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 0 | 87108 |
| IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd | 0 | false |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | false |
| IRS990ScheduleR/PaidEmployeesSharingInd | 0 | false |
| IRS990ScheduleR/PerformOfServicesByOtherOrgInd | 0 | false |
| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | false |
| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | false |
| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | false |
| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | false |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | false |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | false |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | false |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | false |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | false |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 1896972 |
| IRS990/TotalAssetsEOYAmt | 0 | 1910394 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 1896972 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1910394 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 25844 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 87374 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 77830 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 165204 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 247108 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 367078 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 247108 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 367078 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 1649864 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 1543316 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 77830 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 42592 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | -9780 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 58656 |
| IRS990/TotalVolunteersCnt | 0 | 8 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 1896972 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 1910394 |
| IRS990/TransactionWithControlEntInd | 0 | false |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 605 |
| IRS990/TravelGrp/TotalAmt | 0 | 605 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 217 PALOMAS NE |
| IRS990/USAddress/CityNm | 0 | ALBUQUERQUE |
| IRS990/USAddress/StateAbbreviationCd | 0 | NM |
| IRS990/USAddress/ZIPCd | 0 | 87108 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 8 |
| IRS990/VotingMembersIndependentCnt | 0 | 8 |
| IRS990/WebsiteAddressTxt | 0 | WWW.NMHARACING.COM |
| IRS990/WhistleblowerPolicyInd | 0 | true |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DR PAUL JENSON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5052667056 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-06 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | NEW MEXICO HORSEMEN'S ASSOCIATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | NEWM |
| ReturnHeader/Filer/EIN | 0 | 850198658 |
| ReturnHeader/Filer/PhoneNum | 0 | 5052667056 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 8695 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ALBUQUERQUE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NM |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 87198 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 203746583 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | TAYLOR ROTH AND COMPANY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1580 LINCOLN ST STE 520 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | DENVER |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 802031517 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3038308109 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-11-09 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | SHANNON L GILLILAND |
| ReturnHeader/ReturnTs | 0 | 2025-11-09T12:57:39-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.