Jmec Foundation in Espanola, New Mexico (NM)
Table of contents:
- Overview
- Detailed Reports
- Analysis of Revenue and Expenses
- Balance Sheets
- Capital Gains and Losses for Tax on Investment Income
- Excise Tax Based on Investment Income
- Statements Regarding Activities
- Statements Regarding Activities for Which Form 4720 May Be Required
- Minimum Investment Return
- Distributable Amount
- Undistributed Income
- Private Operating Foundations
- Other organizations in New Mexico
| Jmec Foundation | |
| Employer Identification Number (EIN) | 237022094 |
| Name of Organization | Jmec Foundation |
| Address | PO BOX 128, Espanola, NM 87532-0128 |
| Activities | Gifts, grants, or loans to other organizations, Scholarships (other) |
| Subsection | Charitable Organization, Educational Organization, Scientific Organization |
| Ruling Date | 06/1969 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2012 |
| Assets | $500,000 to $999,999 |
| Income | $1 to $9,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $527,307 |
| Amount of Income | $971 |
| Form 990 Revenue Amount | $49,666 |
Non-representatives - add comments:
Expenses for 2012
| Analysis of Revenue and Expenses (for 2012) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $971 | $971 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $971 | |||
| Dividends and interest from securities | $0 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Total expenses and disbursements | $34,285 | $50 | $0 | $34,055 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $11,285 | $50 | $11,055 | |
| Contributions, gifts, grants paid | $23,000 | |||
| Excess of revenue over expenses and disbursements | $-33,314 | |||
| Net investment income | $921 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $527,307 | $527,307 |
| Cash - non-interest-bearing | $527,307 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $0 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $527,307 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2012) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $9 |
| Total credits and payments | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $9 |
| Overpayment | $0 |
| Amount to be credited to 2013 estimated tax | $0 |
| Statements Regarding Activities (for 2012) | |
| During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign? | No |
| Was there a liquidation, termination, dissolution, or substantial contraction during the year? | No |
| Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012? | No |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2012) | |
| During the year did the foundation (either directly or indirectly): | |
| Engage in the sale or exchange, or leasing of property with a disqualified person? | No |
| Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? | No |
| Furnish goods, services, or facilities to (or accept them from) a disqualified person? | No |
| Pay compensation to, or pay or reimburse the expenses of, a disqualified person? | No |
| Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)? | No |
| Agree to pay money or property to a government official? | No |
| At the end of tax year 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012? | No |
| Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? | No |
| Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? | No |
| During the year did the foundation pay or incur any amount to: | |
| Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? | No |
| Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? | No |
| Provide a grant to an individual for travel, study, or other similar purposes? | Yes |
| Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)? | No |
| Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals? | No |
| Minimum Investment Return (for 2012) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $546,132 |
| Net value of noncharitable-use assets | $537,940 |
| Minimum investment return | $26,897 |
| Distributable Amount (for 2012) | |
| Distributable amount | $26,888 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $26,888 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $13,147 |
| Private Operating Foundations (for 2012) | |||||
| 2012 | 2011 | 2010 | 2009 | Total | |
|---|---|---|---|---|---|
| The lesser of the adjusted net income or the minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Qualifying distributions made directly for active conduct of exempt activities | $0 | $0 | $0 | $0 | $0 |
| Value of all assets | $0 | $0 | $0 | $0 | $0 |
| Value of assets qualifying under section 4942(j)(3)(B)(i) | $0 | $0 | $0 | $0 | $0 |
| 2/3 of minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) | $0 | $0 | $0 | $0 | $0 |
| Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii) | $0 | $0 | $0 | $0 | $0 |
| Gross investment income | $0 | $0 | $0 | $0 | $0 |
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| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Jemez Springs Domestic Water Cooperative Assoc | PO BOX 123, Jemez Springs, NM 87025-0123 | NM | 1999-08 | $229,971 |
| 2 | Jemez Valley Credit Union | PO BOX 120, Jemez Springs, NM 87025-0120 | NM | 1973-01 | $973,713 |
| 3 | Jemez Valley Mosquitos | PO BOX 174, San Ysidro, NM 87053-0174 | NM | 2004-03 | $1,470 |
| 4 | Jesses Bikes For Tykes | 294 Diaz Rd, Las Cruces, NM 88007 | NM | 2008-03 | $0 |
| 5 | Jessicas Love A Family Foundation | 10 Pueblo Dr, Santa Fe, NM 87505-1634 | NM | 1999-05 | $59,951 |
| 6 | Jewish Community Center Of Greater Albuquerque Inc | 5520 Wyoming Blvd Ne, Albuquerque, NM 87109-3238 | NM | 1999-04 | $3,369,329 |
| 7 | Jewish Community Council Housing Development Corp Of Albuquerque, David Specter Shalom House | 2015 Wyoming Ne, Albuquerque, NM 87112-2622 | NM | 1981-09 | $534,920 |
| 8 | Jewish Family Service Of New Mexico Inc | 5520 Wyoming Blvd Ne Ste 200, Albuquerque, NM 87109-3238 | NM | 1988-03 | $748,494 |
| 9 | Jim Griggs Scholarship Foundation | 2704 Birdie Loop, Alamogordo, NM 88310-7759 | NM | 2003-01 | $22,271 |
| 10 | Jka Wf Americas Inc | 6501 Eagle Rock Ave No A-1, Albuquerque, NM 87113-2478 | NM | 2009-09 | $36,661 |
| 11 | Jmec Foundation | PO BOX 128, Espanola, NM 87532-0128 | NM | 1969-06 | $971 |
| 12 | Joe And Charlyne Sisler Foundation | PO BOX 2019, Clovis, NM 88102-2019 | NM | 2008-01 | $1 |
| 13 | John G Bourne Foundation | 324 Paseo De Peralta, Santa Fe, NM 87501-1861 | NM | 2000-01 | $2,840 |
| 14 | John R Oishei Consolidated Tr 01091998, Warren Robert Ttee | 3116 Vista Sandia, Santa Fe, NM 87506-8526 | NM | $19,717,368 | |
| 15 | John R Oishei Consolidated Tr 04252001, Warren Robert Ttee | 3116 Vista Sandia, Santa Fe, NM 87506-8526 | NM | $3,389,659 | |
| 16 | John Y Helm And Willie Mae Helm Scholarship Fund | PO BOX 609, Santa Fe, NM 87504-0609 | NM | 1997-12 | $234,377 |
| 17 | Johns Family Foundation | 1311 Tijeras Ave Nw, Albuquerque, NM 87102-2882 | NM | 1987-03 | $310,126 |
| 18 | Joint Apprenticeship & Training Com Mittee-Electrical Industry Bldg | 4501 Montbel Pl Ne, Albuquerque, NM 87107-6817 | NM | 1977-07 | $51,463 |
| 19 | Jonahs House Food Pantry Inc | 312 W Stevens St, Carlsbad, NM 88220 | NM | 2001-07 | $313,783 |
| 20 | Jornada Elementary Pto | 3400 Elks Dr, Las Cruces, NM 88005-1120 | NM | 2003-11 | $89,362 |
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