New Mexico Mortgage Lenders Association in Albuquerque, New Mexico (NM)

New Mexico Mortgage Lenders Association
Employer Identification Number (EIN)	850385223
Name of Organization	New Mexico Mortgage Lenders Association
Address	PO BOX 91058, Albuquerque, NM 87199-1058
Activities	Professional association
Subsection	Business League
Ruling Date	10/1990
Deductibility	Contributions are not deductible
Foundation	All organizations except 501(c)(3)
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	12/2013
Assets	$25,000 to $99,999
Income	$25,000 to $99,999
Filing Requirement	990 (all other) or 990EZ return
Asset Amount	$60,779
Amount of Income	$56,149
Form 990 Revenue Amount	$46,320

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Financial snapshot ($)

Revenue for 2013

	2011	2012	2013
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue	$66,695	$78,660	$46,320
Contributions, gifts, grants, and similar amounts received	$0	$0	$0
Program service revenue including government fees and contracts	$41,648	$37,624	$28,719
Membership dues and assessments	$20,950	$19,300	$5,050
Investment income	$124	$104	$71
Gain/Loss from sale of assets other than inventory	$0	$0	$0
Net income/loss from gaming and fundraising events	$3,973	$9,753	$9,481
Gross income from gaming	$0	$0	$0
Gross income from fundraising events	$13,846	$22,510	$19,310
Less: direct expenses from gaming and fundraising events	$9,873	$12,757	$9,829
Gross profit/loss from sales of inventory	$0	$0	$0
Other revenue	$0	$11,879	$2,999
Total expenses	$78,899	$92,122	$42,715
Total net assets	$70,636	$57,174	$60,779
Excess/Deficit for the year	$-12,204	$-13,462	$3,605
Net assets or fund balances at beginning of year	$82,840	$70,636	$57,174
Other changes in net assets or fund balances	$0	$0	$0
Net assets or fund balances at end of year		$57,174	$60,779

	2011	2012	2013
Balance Sheets
Total assets	$70,636	$57,174	$60,779
Total liabilities	$0	$0	$0
Net assets or fund balances	$70,636	$57,174	$60,779

	2011	2012	2013
Other Information
Did the organization engage in any significant activity not previously reported to the IRS?		No	No
Were any significant changes made to the organizing or governing documents?		No	No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities	No	No	No
Has the organization filed a Form 990-T for the year?		No	No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?		No	No
Amount of political expenditures, direct or indirect		$0	$0
Did the organization file Form 1120-POL for this year?		Yes	No
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?		No	No
Total amount involved		$0	$0
Initiation fees and capital contributions	$0	$0	$0
Gross receipts for public use of club facilities	$0	$0	$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?		No	No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?		No	No

Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:	Not provided
Number of organizations supported	0
Sum of amounts of support	$0

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