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Nonprofit · EIN 26-3726962

QUESTA ECONOMIC DEVELOPMENT FUND

Tax-exempt · QUESTA, NM 87556

Financials

$736K$461K2024$1.3M$577K2025
Revenue Expenses · by fiscal year end
Financials of QUESTA ECONOMIC DEVELOPMENT FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$1,346,877$576,833$770,044$4,703,670$4,258$4,699,412
December 31, 2024990-PF$736,063$460,872$275,191$4,289,623$155,000$4,134,623
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,078,014
Dividends
$268,705
Interest
$158

Expenses

Grants and similar amounts paid
$11,104
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$560,563
Excise tax on investment income
$3,737

Balance sheet and other

Total assets, start of year
$4,289,623
Total assets, end of year
$4,703,670
Total liabilities, end of year
$4,258
Net assets, end of year
$4,699,412
Fair market value of assets
$4,691,175
Qualifying distributions
$560,563
Net investment income
$268,863

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-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
MALAQUIAS RAEL JR
PO BOX 1072, QUESTA, NM 87556
CHAIRMAN3$0
JOHN ORTEGA
PO BOX 1072, QUESTA, NM 87556
TRUSTEE1$0
BRENT JARAMILLO
PO BOX 84, QUESTA, NM 87556
SECRETARY/TREASURER1$0
LOUIS HERRERA
PO BOX 1072, QUESTA, NM 87556
TRUSTEE1$0
MARCUS RAEL JR
500 MARQUETTE AVE NW SUITE 700, ALBUQUERQUE, NM 87102
TRUSTEE2$0
GABRIEL HERRERA
PO BOX 216, QUESTA, NM 87556
NON-VOTING MEMBER3$0
MICHAEL GAILLOUR
6328 GHOSTFLOWER TRAIL NE, ALBUQUERQUE, NM 87111
NON-VOTING MEMBER1$0
990-PF for the year ended December 31, 2024: 7 people
NameTitleHours / weekCompensation
MALAQUIAS RAEL JR
PO BOX 1072, QUESTA, NM 87556
CHAIRMAN3$0
JOHN ORTEGA
PO BOX 1072, QUESTA, NM 87556
TRUSTEE1$0
BRENT JARAMILLO
PO BOX 84, QUESTA, NM 87556
SECRETARY/TREASURER1$0
LOUIS HERRERA
PO BOX 1072, QUESTA, NM 87556
TRUSTEE1$0
MARCUS RAEL JR
500 MARQUETTE AVE NW SUITE 700, ALBUQUERQUE, NM 87102
TRUSTEE2$0
GABRIEL HERRERA
PO BOX 216, QUESTA, NM 87556
NON-VOTING MEMBER3$0
MICHAEL GAILLOUR
6328 GHOSTFLOWER TRAIL NE, ALBUQUERQUE, NM 87111
NON-VOTING MEMBER1$0

Address and contacts

Address (IRS master file)
PO BOX 1072, QUESTA, NM 87556-1072
In care of
% MARCUS J RAEL JR
Signed the 990-PF
MALAQUIAS RAEL JR, CHAIRMAN OF THE BOARD
Phone
(575) 770-0623
Return prepared by
BURT & COMPANY CPAS LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
26-3726962
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2011
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$4,703,670
Income (IRS master file)
$1,346,877

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$1,346,877$576,833$4,703,670XML
990-PFDecember 2024$736,063$460,872$4,289,623XML
990-PFDecember 2022–––IRS
990-PFOctober 2021–––IRS
990-PFOctober 2020–––IRS
990-PFOctober 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 26-3726962).

Questions about QUESTA ECONOMIC DEVELOPMENT FUND

What is the EIN of QUESTA ECONOMIC DEVELOPMENT FUND?
The employer identification number (EIN) of QUESTA ECONOMIC DEVELOPMENT FUND is 26-3726962.
Is QUESTA ECONOMIC DEVELOPMENT FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to QUESTA ECONOMIC DEVELOPMENT FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does QUESTA ECONOMIC DEVELOPMENT FUND file?
Form 990-PF. Private foundations file every year.
When is the next return of QUESTA ECONOMIC DEVELOPMENT FUND due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did QUESTA ECONOMIC DEVELOPMENT FUND last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of QUESTA ECONOMIC DEVELOPMENT FUND?
The 990-PF for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does QUESTA ECONOMIC DEVELOPMENT FUND have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $1,346,877, expenses of $576,833 and total assets of $4,703,670 at year end.

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