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Nonprofit · EIN 81-2835843

NEW MEXICO TRADE ALLIANCE

Tax-exempt · ALBUQUERQUE, NM 87120

Financials

$1.2M$1.2M2023$1.5M$1.5M2024
Revenue Expenses · by fiscal year end
Financials of NEW MEXICO TRADE ALLIANCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,541,852$1,547,273-$5,421$627,937$345,279$282,658
December 31, 2023990$1,198,272$1,225,920-$27,648$344,146$56,067$288,079
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,018,035
of which government grants
$1,018,035
Program service revenue
$523,655
Investment income
$162
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$253,497
Salaries, compensation and benefits (total)
$352,640
Professional fundraising fees
$0
Legal fees
$42,836
Accounting fees
$71,162
Travel
$96,451
Program services (functional)
$1,298,946
Management and general (functional)
$248,327

Balance sheet and other

Total assets, start of year
$344,146
Total assets, end of year
$627,937
Total liabilities, end of year
$345,279
Net assets, end of year
$282,658
Net assets without donor restrictions
$282,658
Gross receipts
$1,541,852
Employees
4
Volunteers
0
Year formed
2016
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.

NameTitleHours / weekCompensation
Randy Trask JrSecretary and Executive Director
Trustee or director, Officer, Key employee
40$130,000
Richard BucklerChair
Trustee or director, Officer
1$0
Adelle LeesVice Chair
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
Randy Trask JrSecretary and Executive Director
Trustee or director, Officer, Key employee
40$115,000
Richard BucklerChair
Trustee or director, Officer
1$0
Adelle LeesVice Chair
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
3301 R COORS BOULEVARD NORTHWEST 16, ALBUQUERQUE, NM 87120-1229
In care of
% RANDALL TRASK JR
Principal officer (990 for 2024)
RANDALL TRASK JR, 3301 COORS BLVD NW STE R, ALBUQUERQUE, NM 871201268
Signed the 990
Randy Trask Jr, Executive Director and Secretary
Phone
(505) 231-0677

Mission

To promote international trade in New Mexico.

990 for the year ended December 31, 2024

Program accomplishments

  • Implementation of Space incubator program on behalf of Airforce Research Laboratory AFRL. Implemented STEM outreach efforts on behalf of AFRL.
    Expenses $672,267 · grants $672,267
  • Manage international relations for the City of Albuquerque and Bernalillo County. Assisted Albuquerque Metro companies with export assistance programs.
    Expenses $188,696 · revenue $383,789
  • Served as fiscal agent for the NSF Space Valley initiative. New non-profit foundation stood up and now operating.
    Expenses $355,283 · revenue $379,934
  • Support program helping earlystage technology companies apply for STTR Research Grant opportunities. Provide training for manufacturers in partnership with NM MEP.
    Expenses $82,700 · grants $88,200

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
81-2835843
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$627,937
Income (IRS master file)
$1,541,852

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,541,852$1,547,273$627,937XML
990December 2023$1,198,272$1,225,920$344,146XML
990December 2022$1,605,349$1,434,615$385,237IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990-EZDecember 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 81-2835843).

Questions about NEW MEXICO TRADE ALLIANCE

What is the EIN of NEW MEXICO TRADE ALLIANCE?
The employer identification number (EIN) of NEW MEXICO TRADE ALLIANCE is 81-2835843.
Is NEW MEXICO TRADE ALLIANCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2016.
Are donations to NEW MEXICO TRADE ALLIANCE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does NEW MEXICO TRADE ALLIANCE 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 TRADE ALLIANCE 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 TRADE ALLIANCE 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 TRADE ALLIANCE?
The 990 for the year ended December 31, 2024 names RANDALL TRASK JR.
Who are the officers and directors of NEW MEXICO TRADE ALLIANCE?
The 990 for the year ended December 31, 2024 lists 3 people; 1 received compensation from the organization, the highest $130,000 (Randy Trask Jr, Secretary and Executive Director).
How much revenue does NEW MEXICO TRADE ALLIANCE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,541,852, expenses of $1,547,273 and total assets of $627,937 at year end.

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