Eastern New Mexico University Roswell Foundation

Organization Overview

Eastern New Mexico University Roswell Foundation is located in Roswell, NM. The organization was established in 1970. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eastern New Mexico University Roswell Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Eastern New Mexico University Roswell Foundation generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.7% each year . All expenses for the organization totaled $257.8k during the year ending 06/2022. While expenses have increased by 5.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION PROMOTES EDUCATION AND ENCOURAGES SCIENTIFIC RESEARCH AT THE ROSWELL CAMPUS OF EASTERN NEW MEXICO UNIVERSITY.

Describe the Organization's Program Activity:

THE ENMU-R FOUNDATION PROVIDES FINANCIAL ASSISTANCE TO STUDENTS FOR ACADEMIC, VOCATIONAL, AND TECHNICAL TRAINING.


ENMU-ROSWELL FOUNDATION PROVIDES ASSISTANCE THROUGH SCHOLARSHIPS TO THE GEAR UP PROGRAM AT ENMU-R IN AN EFFORT TO PROMOTE SECONDARY EDUCATION FOR LOW-INCOME STUDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Jon Hitchcock
VP & Treas/d
$0
Adriann Ragsdale
Secretary/di
$0
Steve Henderson
President/di
$0
Oscar Armendariz
Director
$0
Laurie Dudek
Director
$0
Mike Mcleod
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$18,805
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$163,316
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$182,121
Total Program Service Revenue$0
Investment income $267,271
Tax Exempt Bond Proceeds $0
Royalties $618,125
Net Rental Income $0
Net Gain/Loss on Asset Sales $187,826
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,255,454

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Eastern New Mexico University Roswell Foundation has recieved totaling $10,000.

Awarding OrganizationAmount
Con Alma Health Foundation

Santa Fe, NM

PURPOSE: HEALTHCARE

$5,000
Con Alma Health Foundation

Santa Fe, NM

PURPOSE: HEALTHCARE

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$8,375,546
Earnings-$842,078
Admin Expense$15,491
Net Contributions$162,332
Other Expense$55,065
Grants$67,356
Ending Balance$7,557,888

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