NEW MEXICO FARM & LIVESTOCK BUREAU Charity Report

Public IRS 990 nonprofit record

NEW MEXICO FARM & LIVESTOCK BUREAU

EIN 85-0108577 · Mutual & Membership Benefit (Y)

What they do

NEW MEXICO FARM and LIVESTOCKS PRIMARY EXEMPT PURPOSE is to PROVIDE INSURANCE SERVICES, LEGISLATIVE SERVICES, MARKETING SERVICES, PUBLIC INFORMATION and EDUCATION to ITS MEMBERS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $64.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders24 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

58.45%of revenue went to mission work64.4% of expenses · Program services

$90.73spent for every $100 of revenueRevenue covered expenses this year.

32.28%of revenue went to management and office costs35.6% of expenses

$2.41in assets for every $1 spent this yearSome assets cannot be spent right away.

0.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $106,980 for ELIZABETH FOSTER (CHIEF EXECUT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$2,680,548

Mission workProgram services$1,566,85558.45% of revenue64.4% of expenses

ManagementOffice and general costs$865,21632.28% of revenue35.6% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$248,4779.27% of revenueShown in gray on the chart

Total expenses$2,432,07190.73% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2023CurrentExpense mix: 64.4% mission · 35.6% management · 0.0% fundraisingTotal expenses: 90.73% of revenue

2022Expense mix: 63.8% mission · 36.2% management · 0.0% fundraisingTotal expenses: 83.73% of revenue

2021Expense mix: 61.4% mission · 38.6% management · 0.0% fundraisingTotal expenses: 95.55% of revenue

2020Expense mix: 60.1% mission · 39.9% management · 0.0% fundraisingTotal expenses: 81.53% of revenue

2019Expense mix: 61.8% mission · 38.2% management · 0.0% fundraisingTotal expenses: 85.08% of revenue

2018Expense mix: 66.0% mission · 34.0% management · 0.0% fundraisingTotal expenses: 91.16% of revenue

2017Expense mix: 65.7% mission · 34.3% management · 0.0% fundraisingTotal expenses: 98.40% of revenue

2016Expense mix: 64.9% mission · 35.1% management · 0.0% fundraisingTotal expenses: 92.57% of revenue

Money in and money out

Revenue$2,680,548

Expenses$2,432,071

Annual surplus $248,477 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,566,855 · 64.4% of expenses

Management and office costs$865,216 · 35.6% of expenses

See all reported dollar amounts

Revenue$2,680,548

Expenses$2,432,071

Assets$5,865,721

Income$2,682,515

Contributions$15,000

Mission work (program services)$1,566,855

Grants given$350,340

Average grant$31,849

Management and general$865,216

Stocks and bonds$2,725,453

Accounting fees$14,648

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ELIZABETH FOSTERCHIEF EXECUT · 40 hrs/week $106,980

LARRY REAGANPRESIDENT $18,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (24)

ELIZABETH FOSTERCHIEF EXECUT

LARRY REAGANPRESIDENT

KENNETH DAVISDIRECTOR

TROY SAUBLEDIRECTOR

TRAVIS HARRIS2ND VICE PRE

TOMMY ORTIZDIRECTOR

TOM WILTONDIRECTOR

TINA WILSONDIRECTOR

RUSSELL JOHNSONDIRECTOR

RON BACADIRECTOR

LEONARD VALERIODIRECTOR

LEON HEMANNDIRECTOR

KIM MILLERDIRECTOR

BUD DEERMANDIRECTOR

JOHN JACKSONDIRECTOR

JOEL FERGUSONPAST PRESIDE

JIM ELLETTDIRECTOR

JAMIE VIRAMONTESDIRECTOR

GARY HATHORNDIRECTOR

DUANE FROSTDIRECTOR

DONALD MARTINEZDIRECTOR

DON HARTMAN1ST VICE PRE

DEENA KINMANDIRECTOR

CONNIE ROOKSDIRECTOR

About this charity

Recognized since: January 1949
Location: 2220 N TELSHOR BLVD, LAS CRUCES, NM 88011-8227
County: Do├▒a Ana
In care of: BENJAMIN SEGOVIA
Primary officer: BENJAMIN SEGOVIA, CHIEF EXECUTIVE OFF

How to reach them

WebsiteVisit the charity’s website Phone(575) 532-4700

Filing and classification

Latest tax year: 2023
Tax period began: November 1, 2023
Return type: 990
Tax preparer: BEASLEY MITCHELL & CO LLP
NTEE classification: Mutual & Membership Benefit (Y)
IRS tax category: Mutual & Membership Benefit
Grant-giving organization: Yes