Nonprofit · EIN 23-7045075
NEW MEXICO PROPERTY INSURANCE PROGRAM
Tax-exempt · ALBUQUERQUE, NM 87109
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $16,595,767 | $11,815,330 | $4,780,437 | $8,268,950 | $827 | $8,268,123 |
| December 31, 2023 | 990 | $5,049,689 | $11,433,156 | -$6,383,467 | $3,488,483 | $797 | $3,487,686 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $16,405,621
- Investment income
- $190,146
- Net gain from sales of assets
- -$45,060
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $121,898
- Other salaries and wages
- $245,660
- Salaries, compensation and benefits (total)
- $446,493
- Professional fundraising fees
- $0
- Legal fees
- $18,844
- Accounting fees
- $41,094
- Occupancy
- $40,247
- Travel
- $4,550
Balance sheet and other
- Total assets, start of year
- $3,488,483
- Total assets, end of year
- $8,268,950
- Total liabilities, end of year
- $827
- Net assets, end of year
- $8,268,123
- Publicly traded securities
- $587,951
- Net assets without donor restrictions
- $8,268,123
- Gross receipts
- $17,775,699
- Employees
- 5
- Volunteers
- 9
- Year formed
- 1969
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANALISA SISNEROS | EXECUTIVE DIRECTOR Officer | 40 | $115,177 | $6,721 |
| KENDRA ZACHARIAS | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MELISSA GRANDON | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| STEVE FLETCHER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| KRIS MARTIN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| SARAH BARNES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DARYL FILIPEK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MELISSA ROBERTSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DUANE BENDER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DEREK THOMPSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANALISA SISNEROS | EXECUTIVE DIRECTOR Officer | 40 | $98,748 | $6,887 |
| DARYL FILIPEK | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| STEVE FLETCHER | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DAVID SELL | VICE CHAIR TO 9/22/2023 Trustee or director, Officer | 1 | $0 | $0 |
| KENDRA ZACHARIAS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MELISSA GRANDON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| SARAH BARNES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KRIS MARTIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MELISSA ROBERTSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DUANE BENDER | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 7601 JEFFERSON ST NE STE 380, ALBUQUERQUE, NM 87109-4496
- Principal officer (990 for 2024)
- ANALISA SISNEROS, 7601 JEFFERSON ST NE 380, ALBUQUERQUE, NM 87109
- Signed the 990
- ANALISA SISNEROS, EXECUTIVE DIRECTOR
- Phone
- (505) 878-9563
- Website
- WWW.NMPROPERTYINSURANCE.COM
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
TO PROVIDE ESSENTIAL PROPERTY INSURANCE TO APPLICANTS IN NEW MEXICO WHO ARE UNABLE TO SECURE IT IN THE NORMAL MARKET.
Program accomplishments
- PROVIDE ESSENTIAL PROPERTY INSURANCE TO APPLICANTS IN NEW MEXICO WHO ARE UNABLE TO SECURE IT IN THE NORMAL INSURANCE MARKET. 559 CLAIMS WERE PROCESSED IN 2024. THERE WERE 7,425 POLICIES IN FORCE AS OF 12/31/2024.
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7045075
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1970
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $8,268,950
- Income (IRS master file)
- $17,775,699
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $16,595,767 | $11,815,330 | $8,268,950 | IRS |
| 990 | December 2023 | $5,049,689 | $11,433,156 | $3,488,483 | XML |
| 990 | December 2022 | $4,630,797 | $5,064,739 | $9,875,754 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 23-7045075).
Questions about NEW MEXICO PROPERTY INSURANCE PROGRAM
- What is the EIN of NEW MEXICO PROPERTY INSURANCE PROGRAM?
- The employer identification number (EIN) of NEW MEXICO PROPERTY INSURANCE PROGRAM is 23-7045075.
- Is NEW MEXICO PROPERTY INSURANCE PROGRAM tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1970.
- Are donations to NEW MEXICO PROPERTY INSURANCE PROGRAM tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NEW MEXICO PROPERTY INSURANCE PROGRAM 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 PROPERTY INSURANCE PROGRAM due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW MEXICO PROPERTY INSURANCE PROGRAM last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of NEW MEXICO PROPERTY INSURANCE PROGRAM?
- The 990 for the year ended December 31, 2024 names ANALISA SISNEROS.
- Who are the officers and directors of NEW MEXICO PROPERTY INSURANCE PROGRAM?
- The 990 for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization, the highest $115,177 (ANALISA SISNEROS, EXECUTIVE DIRECTOR).
- How much revenue does NEW MEXICO PROPERTY INSURANCE PROGRAM have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $16,595,767, expenses of $11,815,330 and total assets of $8,268,950 at year end.
Other nonprofits in ALBUQUERQUE
- PRESBYTERIAN HEALTHCARE SERVICES EIN 85-0105601 · last filed 990 for 2024
- TRICORE LABORATORY SERVICES CORPORATION EIN 20-1358178 · last filed 990 for 2024
- ROADRUNNER FOOD BANK INC EIN 85-0278525 · last filed 990 for 2025
- UNIVERSITY OF NEW MEXICO FOUNDATION INCORPORATED EIN 85-0275408 · last filed 990 for 2025
- LOVELACE BIOMEDICAL RESEARCH INSTITUTE EIN 85-0110669 · last filed 990 for 2025
- TRICORE INC EIN 84-3909066 · last filed 990 for 2024
- CREDIT UNIONS IN THE STATE OF NEW MEXICO EIN 85-0102571 · last filed 990 for 2024
- HOSANNA EIN 85-0223225 · last filed 990 for 2026