Nonprofit · EIN 20-0100129
NEW MEXICO ECONOMIC DEVELOPMENT CORPORATION
Tax-exempt · ALBUQUERQUE, NM 87110
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,260,904 | $1,483,945 | -$223,041 | $734,706 | $180,915 | $553,791 |
| June 30, 2024 | 990 | $1,098,576 | $1,268,431 | -$169,855 | $1,034,413 | $257,581 | $776,832 |
| June 30, 2023 | 990 | $1,207,870 | $1,099,233 | $108,637 | $1,017,213 | $70,526 | $946,687 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,253,750
- of which government grants
- $1,000,000
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $7,154
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $156,605
- Other salaries and wages
- $283,714
- Salaries, compensation and benefits (total)
- $545,083
- Professional fundraising fees
- $0
- Occupancy
- $1,840
- Depreciation
- $21,436
Balance sheet and other
- Total assets, start of year
- $1,034,413
- Total assets, end of year
- $734,706
- Total liabilities, end of year
- $180,915
- Net assets, end of year
- $553,791
- Land, buildings and equipment
- $11,853
- Net assets without donor restrictions
- $553,791
- Gross receipts
- $1,260,904
- Employees
- 7
- Year formed
- 2003
- State of legal domicile
- NM
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MELINDA ALLEN | PRESIDENT & Trustee or director, Officer | 40 | $148,462 | $8,143 |
| PAT VINCENT-COLLAWN | BOARD CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| DEBBIE JOHNSON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| CASSIE ARIAS-WARD | TREASURER Trustee or director, Officer | 10 | $0 | $0 |
| CLEMENTE SANCHEZ | REGION 1 Trustee or director | 0.5 | $0 | $0 |
| CARI LEMON | REGION 5 Trustee or director | 0.5 | $0 | $0 |
| DAWN BOULWARE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| JULIA WISE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| PAT VANDERPOOL | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| MISSI CURRIER | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| JOHN HEATON | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DAVIN LOPEZ | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| ROB BLACK | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
990 for the year ended June 30, 2024: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MELINDA ALLEN | PRESIDENT Officer | 40 | $148,462 | $5,938 |
| PAT VINCENT-COLLAWN | BOARD CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| DEBBIE JOHNSON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| CASSIE ARIAS-WARD | TREASURER Trustee or director, Officer | 10 | $0 | $0 |
| CLEMENTE SANCHEZ | REGION 1-CHA Trustee or director | 0.5 | $0 | $0 |
| DAWN BOULWARE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| JULIA WISE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| PAT VANDERPOOL | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| MISSI CURRIER | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| JOHN HEATON | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DAVIN LOPEZ | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| ROB BLACK | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
990 for the year ended June 30, 2023: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MELINDA ALLEN | PRESIDENT Officer | 40 | $134,671 | $5,400 |
| PAT VINCENT-COLLAWN | BOARD CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| DEBBIE JOHNSON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| CASSIE ARIAS-WARD | TREASURER Trustee or director, Officer | 10 | $0 | $0 |
| ALICIA KEYS | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| CLEMENTE SANCHEZ | REGION 1-CHA Trustee or director | 0.5 | $0 | $0 |
| JOE DIGREGORIO | REGION 1-PRE Trustee or director | 0.5 | $0 | $0 |
| DAWN BOULWARE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| JULIA WISE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| PAT VANDERPOOL | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| CARI LEMON | REGION 5-DIR Trustee or director | 0.5 | $0 | $0 |
| MISSI CURRIER | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| JOHN HEATON | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DAVIN LOPEZ | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1720 LOUISIANA BLVD NE STE 312, ALBUQUERQUE, NM 87110-7019
- Principal officer (990 for 2024)
- MELINDA ALLEN, 500 MARQUETTE AVE NW SUITE 710, ALBUQUERQUE, NM 87102
- Signed the 990
- MELINDA ALLEN, PRESIDENT & CEO
- Phone
- (505) 247-8500
- Website
- NMPARTNERSHIP.COM
- Return prepared by
- HINKLE LANDERS PC
Mission
ORGANIZATION'S PRIMARY MISSION IS TO RECRUIT NEW BUSINESSES TO NEW MEXICO.
Program accomplishments
- PROMOTE AND BETTER THE COMMON ECONOMIC INTEREST OF THE STATE OF NEW MEXICO AND ITS CITIZENS. PROVIDES SERVICES TO RECRUIT BUSINESS TO NEW MEXICO THAT INCLUDE: SITE SELECTION ASSISTANCE, LABOR MARKET ANALYSIS, CUSTOM RESEARCH, BUILDING INFORMATION, ACCESS TO REGULATORY AUTHORITIES AND COORDINATION OF STATE AND LOCAL ECONOMIC PROFESSIONALS.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 20-0100129
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2004
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $734,706
- Income (IRS master file)
- $1,260,904
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,260,904 | $1,483,945 | $734,706 | IRS |
| 990 | June 2024 | $1,098,576 | $1,268,431 | $1,034,413 | IRS |
| 990 | June 2023 | $1,207,870 | $1,099,233 | $1,017,213 | XML |
| 990 | June 2022 | $1,108,730 | $1,180,266 | $949,430 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-0100129).
Questions about NEW MEXICO ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of NEW MEXICO ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of NEW MEXICO ECONOMIC DEVELOPMENT CORPORATION is 20-0100129.
- Is NEW MEXICO ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2004.
- Are donations to NEW MEXICO ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NEW MEXICO ECONOMIC DEVELOPMENT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NEW MEXICO ECONOMIC DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW MEXICO ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of NEW MEXICO ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 names MELINDA ALLEN.
- Who are the officers and directors of NEW MEXICO ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 lists 13 people; 1 received compensation from the organization, the highest $148,462 (MELINDA ALLEN, PRESIDENT &).
- How much revenue does NEW MEXICO ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,260,904, expenses of $1,483,945 and total assets of $734,706 at year end.
Other nonprofits in ALBUQUERQUE
- DREAMSPRING EIN 85-0417347 · last filed 990 for 2025
- ENLACE COMUNITARIO EIN 85-0473384 · last filed 990 for 2025
- PARTNERSHIP FOR COMMUNITY ACTION EIN 31-1815692 · last filed 990 for 2025
- NEW MEXICO COMMUNITY CAPITAL EIN 20-1798654 · last filed 990 for 2025
- NEW MEXICO MANUFACTURING EXTENSION PARTNERSHIP EIN 85-0469162 · last filed 990 for 2024
- DIRECTED ENERGY PROFESSIONAL SOCIETY EIN 85-0459954 · last filed 990 for 2024
- NATIVE WOMEN LEAD INC EIN 86-3663621 · last filed 990 for 2024
- ORGANIZERS IN THE LAND OF ENCHANTMENT EIN 27-1275724 · last filed 990 for 2024
All nonprofits in ALBUQUERQUE · New Mexico · Community improvement and capacity building