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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education New Mexico Military Institute Foundation Inc.

New Mexico Military Institute Foundation Inc.

Fiscal year ending 2025. Filed on November 7, 2025.

101 W College Blvd
Roswell, New Mexico 88201

New Mexico Military Institute Foundation Inc. (EIN: 85-6010718) has filed an IRS Form 990 since fiscal year 2021. In its fiscal year 2025 IRS Form 990 filing, New Mexico Military Institute Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 1 out of 2 total employees. Among the employees shown here, the average compensation is $126,813. The highest compensated employee at New Mexico Military Institute Foundation Inc. is Jimmy Barnes with fiscal year 2025 compensation of $126,813.

Revenue, expenses, and employee compensation

Revenue

$5,187,499

Expenses

$3,146,838

Employee compensation

$272,338
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jimmy Barnes
President and Chief Executive Officer
$126,813
$126,813 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Bg Voris W McBurnette Nmmi Supt
Member ex officio
Christina Maria Montoya
NMMI Regent Member
Claire E Chase
Member
Dr Earl A Tres Latimer III
Member
Dr Jesus R Ramos Garza
Secretary
Frank Spencer III
Treasurer
George M Yates
Member
Gregory D Sampson
NMMI Regent Appointment
Jesus Salazar
Former Chair
Kenneth Barbe Jr
Chair
Kevin O Butler
Member
Kim Greaves
Vice Chair

Mission Statement

The mission of the New Mexico Military Institute Foundation, Inc. (Foundation) is to create, maintain and administer an endowment fund for the benefit of New Mexico Military Institute (NMMI) to be used for research, scientific and literary purposes; for increasing the building, equipment and other facilities of NMMI; to provide for scholarships; and to promote generally the growth, welfare, and maintenance of NMMI.

Revisions to this organization profile

November 7, 2025:
2025 New Mexico Military Institute Foundation Inc. 990 filed
November 7, 2024:
2024 New Mexico Military Institute Foundation Inc. 990 filed
November 3, 2023:
2023 New Mexico Military Institute Foundation Inc. 990 filed

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