CLOVIS ECONOMIC DEVELOPMENT CORPORATION

EIN: 850440748 501(c)(3) Community Improvement

CLOVIS, NM

Total Revenue
N/A
Total Expenses
$86,937
Total Assets
$3,876,056
Net Assets
$3,779,663
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
NM
Principal Officer
LEE MALLOY
Phone
5757636600
Tax Period
2023-01-01 to 2023-12-31

Mission

TO RECRUIT AND RETAIN SUSTAINABLE BASE JOBS IN CLOVIS AND THE CURRY COUNTY AREA.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $83,267
Other Expenses $86,937
TOTAL EXPENSES $86,937

Year-over-Year Comparison

2023 2022 Change
Revenue N/A $3,883,544 -1.0%
Expenses $86,937 $15,551 +4.6%
Net Income N/A $3,867,993 N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
20
Independent Members
20
Employees
N/A
Volunteers
20

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
$88,000
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEE MALLOY PRESIDENT 30.00
Officer Director
$0 $0 $0
GARY WILEY VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
KENT CARRUTHERS SECRETARY/TREASURER 5.00
Officer Director
$0 $0 $0
ALISSA JOHNSON DIRECTOR 5.00
Director
$0 $0 $0
BRYCE BENDER DIRECTOR 5.00
Director
$0 $0 $0
ROBIN JONES DIRECTOR 5.00
Director
$0 $0 $0
PATRICK LUCERO DIRECTOR 5.00
Director
$0 $0 $0
DEBBIE ABREGO DIRECTOR 5.00
Director
$0 $0 $0
SANDRA TAYLOR-SAWYER DIRECTOR 5.00
Director
$0 $0 $0
THOM MOORE DIRECTOR 5.00
Director
$0 $0 $0
MARK HUERTA DIRECTOR 5.00
Director
$0 $0 $0
SHAWN HAMILTON DIRECTOR 5.00
Director
$0 $0 $0
ERIC DENTON DIRECTOR 5.00
Director
$0 $0 $0
PAUL ELLIS DIRECTOR 5.00
Director
$0 $0 $0
JASON GONZALES DIRECTOR 5.00
Director
$0 $0 $0
LEONA POWELL DIRECTOR 5.00
Director
$0 $0 $0
SARAH STAGNER DIRECTOR 5.00
Director
$0 $0 $0
SHERRI WILSON DIRECTOR 5.00
Director
$0 $0 $0
ERNIE KOS DIRECTOR 5.00
Director
$0 $0 $0
MARLI RANEY DIRECTOR 5.00
Director
$0 $0 $0
TINA DZIUK EXECUTIVE DIRECTOR 5.00
Officer
$0 $0 $88,000
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
2024 No data No data No data No data
2023 No data $86,937 $3,876,056 No data
2022 $3,883,544 $15,551 $3,962,993 $3,867,993
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