2025-03-26T09:12:23-05:00 2024-05-31 850203431 REDW LLC 8801 HORIZON BLVD NE 401 ALBUQUERQUE NM 87113 990 2023-06-01 813361707 LA CLINICA DE FAMILIA TITLE HOLDING CORPORATION LACL 5755261105 385 CALLE DE ALEGRA BLDG A LAS CRUCES NM 88005 JORGE ALMUINA CHIEF FINANCIAL OFFICER 5755261105 2025-03-25 1 1 TAMARA BEALL CPA P01730868 5059983200 2025-03-25 2023 2025-03-06 01:10:19Z JORGE ALMUINA 385 CALLE DE ALEGRA BLDG A LAS CRUCES NM 88005 416735 0 X HTTP://WWW.LCDFNM.ORG/ X 2016 NM LA CLINICA DE FAMILIA TITLE HOLDING CORPORATION WAS ESTABLISHED FOR THE PURPOSE OF OBTAINING NEW MARKETS TAX CREDIT FINANCING FOR THE RENOVATION OF LA CLINICA DE FAMILIA, INC.'S CENTRAL LAS CRUCES LOCATION. THE ORGANIZATION'S ONLY FUNCTION IS TO LEASE THE FULLY RENOVATED FACILITY TO LA CLINICA DE FAMILIA, INC. 3 3 0 0 0 0 0 0 290750 416735 0 0 0 0 290750 416735 0 0 0 0 0 0 0 0 0 738239 904699 738239 904699 -447489 -487964 15918190 15680640 6041181 0 9877009 15680640 X LA CLINICA DE FAMILIA TITLE HOLDING CORPORATION WAS ESTABLISHED FOR THE PURPOSE OF OBTAINING NEW MARKETS TAX CREDIT FINANCING FOR THE RENOVATION OF LA CLINICA DE FAMILIA, INC.'S CENTRAL LAS CRUCES LOCATION. THE ORGANIZATION'S ONLY FUNCTION IS TO LEASE THE FULLY RENOVATED FACILITY TO LA CLINICA DE FAMILIA, INC. 0 0 904699 416735 THE ORGANIZATION ENTERED INTO AN AGREEMENT WITH LA CLINICA DE FAMILIA, INC. FOR THE LEASE OF A FACILITY DESIGNED FOR HEALTH CARE PURPOSES. THE AGREEMENT ESTABLISHES QUARTERLY PAYMENTS OF $68,823.75 FOR THE YEAR ENDED 2017, QUARTERLY PAYMENTS OF $70,530 FOR THE PERIOD BEGINNING INJANUARY 1, 2018 THROUGH DECEMBER 31, 2022, QUARTERLY PAYMENTS OF $75,707 FOR THE PERIOD BEGINNING IN JANUARY 1, 2023 THROUGH DECEMBER 31, 2023, AND QUARTERLY PAYMENTS OF $132,660 FOR THE PERIOD BEGINNING IN JANUARY 1, 2024 THROUGH DECEMBER 31, 2046. 904699 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 NM X JORGE ALMUINA 5755261105 385 CALLE DE ALEGRA BLDG A LAS CRUCES NM 88005 VIRGIL MEDINA SECRETARY 1.00 40.00 X X 0 240884 0 JORGE ALMUINA TREASURER 1.00 40.00 X X 0 221013 0 FERNANDO CLEMENTE PRESIDENT 1.00 2.00 X X 0 0 0 0 461897 0 0 0 1 0 0 LEASE INCOME 532000 416735 416735 416735 416735 416735 0 0 416735 416735 487964 487964 904699 904699 0 0 24596130 8915490 15918190 15680640 15918190 15680640 6041181 6041181 0 X 0 0 0 0 9877009 15680640 9877009 15680640 15918190 15680640 X -487964 6291595 X X 0 1 X 1 0 X X 1 LA CLINICA DE FAMILIA INC 850265533 10 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART IV, SECTION C, LINE 1: THE ORGANIZATION'S BOARD OF DIRECTORS CONSISTS OF THREE MEMBERS WHO ARE ALSO OFFICERS OF LA CLINICA DE FAMILIA, THE SUPPORTED ORGANIZATION. 1640718 1640718 19888441 5857759 14030682 3066971 3057731 9240 15680640 X PART X, LINE 2: LA CLINICA IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE TITLE HOLDING CORPORATION IS A NOT-FOR- PROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(2) OF THE INTERNAL REVENUE CODE. IN ADDITION, LA CLINICA AND THE TITLE HOLDING CORPORATION HAVE BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE PRIVATE FOUNDATIONS WITHIN THE MEANING OF 509(A) OF THE CODE. ACCORDINGLY, NO LIABILITY OR PROVISION FOR FEDERAL INCOME TAXES IS INCLUDED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THERE WAS NO UNRELATED BUSINESS INCOME TAX FOR THE YEARS ENDED MAY 31, 2024 AND 2023. X X 0 0 0 VIRGIL MEDINA SECRETARY 0 228077 0 5000 0 7807 0 0 0 0 0 240884 0 0 JORGE ALMUINA TREASURER 0 200336 0 12000 0 8677 0 0 0 0 0 221013 0 0 PART I, LINE 3 COMPENSATION IS DETERMINED BY THE ORGANIZATION'S RELATED ENTITY, LA CLINICA DE FAMILIA, INC. THE PROCESS CONSISTS OF AN EXTENSIVE WAGE AND SALARY SURVEY AND COMPARISON WITH SIMILAR COMMUNITY HEALTH CENTERS PERFORMED BY HUMAN RESOURCES. COMPARABLE SALARIES AT THE NEW MEXICO DEPARTMENT OF WORKFORCE SOLUTIONS, THE NATIONAL ASSOCIATION OF COMMUNITY HEALTH CENTERS, AND THE NEW MEXICO PRIMARY CARE ASSOCIATION ARE IDENTIFIED AND UTILIZED IN DETERMINING WAGE RATES FOR EMPLOYEES AND TOP MANAGEMENT. THE BOARD OF DIRECTORS REVIEWS AND APPROVES WAGE CHANGES FOR TOP MANAGEMENT AND KEY EMPLOYEES. LA CLINICA DE FAMILIA INC COMMON BOARD OF DIRECTORS AND OFFICERS 416735 LEASE OF FACILITIES, EQUIPMENT, OR OTHER ASSETS. 0 LA CLINICA DE FAMILIA INC COMMON BOARD OF DIRECTORS AND OFFICERS 6291595 OTHER TRANSFER OF CASH OR PROPERTY FROM RELATED ORGANIZATION. 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE CFO AND PRESENTED TO THE GOVERNING BOARD'S FINANCE COMMITTEE FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE REQUIRED TO DISCLOSE RELATIONSHIPS THAT MAY LEAD TO A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE SALARIES OF THE OFFICERS OF THE SUPPORTED ORGANIZATION ARE APPROVED FROM TIME TO TIME BY THE BOARD OF DIRECTORS OF LA CLINICA DE FAMILIA, INC., OR, IN THE CASE OF OFFICERS OTHER THAN THE PRESIDENT, BY THE PRESIDENT IF THE BOARD OF DIRECTORS SO DIRECTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY,AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: TRANSFERS FROM RELATED EXEMPT ORGANIZATION 6,291,595. FORM 990, PART XII, LINE 2C: THE FINANCE COMMITTEE IS IN CHARGE OF SELECTING AN INDEPENDENT AUDITOR AND OVERSEEING THE AUDIT FOR BOTH LA CLINICA DE FAMILIA, INC. AND LA CLINICA DE FAMILIA TITLE HOLDING CORPORATION. THE AUDIT IS PERFORMED ON A CONSOLIDATED BASIS. LA CLINICA DE FAMILIA INC 385 CALLE DE ALEGRA LAS CRUCES NM 88005 850265533 TO PROVIDE HEALTH AND SOCIAL SERVICES TO LOW-INCOME, UNDERSERVED RESIDENTS NM 501(C)(3) 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 LA CLINICA DE FAMILIA INC J 416735 IN-KIND LA CLINICA DE FAMILIA INC S 6291595 COST