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New Mexico Economic Development Corporation
Community Development · Albuquerque, New Mexico
500 Marquette Ave Nw Ste 710, Albuquerque, NM 87102-5346
EIN: 200100129· Founded: Sep 2004· 22 years active· Filing Year: 2023
Annual Revenue
$1.2M
Total Expenses
$1.1M
Total Assets
$1.0M
Program Spending
0%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$140K
12.7% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$249K
Total Payroll
$389K
35% of total expenses
Where the Money Goes
0%
Programs: 0%
Payroll: 35%
Other overhead: 100%
0
Total Expenses$1.1M (91%)
Payroll$389K (35%)
Overhead (non-program)100%
Trust Score Breakdown
Program Spending Ratio
0% of expenses go to programs
Revenue & Stability
$1.2M annual revenue
Executive Compensation
$140K total officer comp (12.7% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$1.0M 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.