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Albuquerque Economic Development Inc
Community Development · Albuquerque, New Mexico
201 3Rd St Nw, Albuquerque, NM 87102-3370
EIN: 850157216· Founded: Nov 2022· 4 years active· Filing Year: 2023
Annual Revenue
$2.0M
Total Expenses
$2.0M
Total Assets
$3.9M
Program Spending
7%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$341K
17.3% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$682K
Total Payroll
$1.0M
52% of total expenses
Where the Money Goes
7%
Programs: 7%
Payroll: 52%
Other overhead: 93%
Program Revenue$145K (7%)
Total Expenses$2.0M (100%)
Payroll$1.0M (52%)
Overhead (non-program)93%
Trust Score Breakdown
Program Spending Ratio
7% of expenses go to programs
Revenue & Stability
$2.0M annual revenue
Executive Compensation
$341K total officer comp (17.3% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$3.9M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.