HIGH PLAINS COMMUNITY DEVELOPMENT CORPORATION

EIN: 203178404 501(c)(3) Community Improvement

CLOVIS, NM

Total Revenue
$315,306
Total Expenses
$435,504
Total Assets
$850,573
Net Assets
$850,573
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
NM
Principal Officer
ERNIE KOS
Phone
5752195958
Tax Period
2024-07-01 to 2025-06-30

HIGH PLAINS COMMUNITY DEVELOPMENT CORPORATION, founded in 2005, is a small nonprofit in the Community Improvement sector that reported $315K in total revenue in fiscal year 2024. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $436K exceeded revenue, resulting in a 38% operating deficit.

Mission

HIGH PLAINS COMMUNITY DEVELOPMENT CORPORATION (HPCDC) IS A COMMUNITY DEVELOPMENT NON-PROFIT WORKING TO IMPROVE THE ECONOMY IN EASTERN NEW MEXICO. HIGH PLAINS COMMUNITY DEVELOPMENT CORPORATION SUPPORTS AND HOSTS CULTURAL AND EDUCATIONAL PROGRAMS TO IMPROVE THE QUALITY OF LIFE WITHIN THE REGION. HIGH PLAINS COMMUNITY DEVELOPMENT CORPORATION PREPARES FUTURE LEADERS FOR THE WORKFORCE BY EMPOWERING THEM IN CAREER EDUCATION, WORKPLACE READINESS AND TECHNICAL ASSISTANCE, AND LINKING PEOPLE WITH LIFELONG OPPORTUNITIES. HIGH PLAINS COMMUNITY DEVELOPMENT CORPORATION ALSO SUPPORTS THE PROGRAMS OF THE CLOVIS BUSINESS ENTERPRISE CENTER THROUGH BUSINESS INCUBATION, TRAINING AND EDUCATIONAL OPPORTUNITIES. HIGH PLAINS ALSO SUPPORTS TOURISM PROGRAMS INCLUDING THE MUSIC HISTORY OF CLOVIS NEW MEXICO SUCH AS THE NORMAN AND VI PETTY MUSEUM, CLOVIS MUSIC FESTIVAL DRAGGIN MAIN, AND THE YOUTH OPPORTUNITY CENTER.

Program Service Accomplishments

Program 1
Expenses: $225,819 Revenue: $63,405

DRAGGIN MAIN - PROMOTING THE RICH HISTORY OF 50'S AND 60'S THROUGH MUSIC AND ANTIQUE VEHICLES IN CLOVIS. THE 6 DAY EVENT BRINGS PEOPLE OF ALL AGES OUT TO LEARN MORE ABOUT THE ARTS AND CULTURE HISTORY...

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DRAGGIN MAIN - PROMOTING THE RICH HISTORY OF 50'S AND 60'S THROUGH MUSIC AND ANTIQUE VEHICLES IN CLOVIS. THE 6 DAY EVENT BRINGS PEOPLE OF ALL AGES OUT TO LEARN MORE ABOUT THE ARTS AND CULTURE HISTORY OF CLOVIS AND THE SURROUNDING AREA.

Program 2
Expenses: $117,601

NORMAN AND VI PETTY EDUCATIONAL MUSEUM - THE MUSEUM PROVIDES EDUCATIONAL TOURS RELATED TO THE RICH MUSIC HISTORY OF CLOVIS. THE MUSEUM HOSTS TOURS FROM AROUND THE WORLD AND LOCAL AND REGIONAL...

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NORMAN AND VI PETTY EDUCATIONAL MUSEUM - THE MUSEUM PROVIDES EDUCATIONAL TOURS RELATED TO THE RICH MUSIC HISTORY OF CLOVIS. THE MUSEUM HOSTS TOURS FROM AROUND THE WORLD AND LOCAL AND REGIONAL STUDENTS. THE MUSEUM OFFERS A 20-MINUTE HISTORY VIDEO AND EXHIBITS THAT HONORS THE MUSIC HISTORY OF BUDDY HOLLY, WAYLON JENNINGS, BUDDY KNOX, THE FIREBALLS, NORMAN AND VI PETTY TRIO AND OTHER GROUPS WHO RECORDED MUSIC IN CLOVIS.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $177,068
Program Service Revenue $67,064
Investment Income $2,746
Other Revenue $68,428
TOTAL REVENUE $315,306

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $343,420
Other Expenses $435,504
TOTAL EXPENSES $435,504

Year-over-Year Comparison

2024 2023 Change
Revenue $315,306 $447,820 -0.3%
Expenses $435,504 $332,891 +0.3%
Net Income $-120,198 $114,929 -2.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
3
Independent Members
3
Employees
16
Volunteers
500

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$43,325
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERNIE KOS PRESIDENT 2.00
Officer Director
$0 $0 $0
NANCY GENTRY VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
DAVID MCDERMID SECRETARY/TREASURER 5.00
Officer Director
$0 $0 $0
RICK SISNEROS MANAGER 40.00
Officer
$43,325 $0 $43,325
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $315,306 $435,504 $850,573 $-120,198
2024 $447,820 $332,891 $970,771 $114,929
2023 $525,181 $337,436 $855,842 $187,745
2022 $340,730 $167,062 $687,446 $173,668
2021 $9,546 No data $504,727 No data
2020 $111,558 $66,600 $420,011 $44,958
2019 $269,510 $113,658 $375,053 $155,852
2018 $125,735 $69,551 $191,699 $56,184
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