Nonprofit · EIN 85-0348445
RIO GRANDE COMMUNITY DEVELOPMENT CORPORATION
Tax-exempt · ALBUQUERQUE, NM 87105
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,420,402 | $1,931,236 | -$510,834 | $1,359,816 | $849,623 | $510,193 |
| December 31, 2023 | 990 | $1,682,102 | $1,516,748 | $165,354 | $1,691,512 | $670,485 | $1,021,027 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,194,327
- of which government grants
- $843,110
- Program service revenue
- $185,475
- Investment income
- $0
- Net rental income
- $40,600
- Other revenue
- $40,600
Expenses
- Grants and similar amounts paid
- $341,930
- Compensation of officers, directors and key employees
- $71,675
- Other salaries and wages
- $470,930
- Salaries, compensation and benefits (total)
- $635,741
- Professional fundraising fees
- $0
- Legal fees
- $2,680
- Accounting fees
- $176,445
- Occupancy
- $64,726
- Travel
- $10,853
- Depreciation
- $31,107
- Program services (functional)
- $1,404,415
- Management and general (functional)
- $464,616
- Fundraising (functional)
- $62,205
Balance sheet and other
- Total assets, start of year
- $1,691,512
- Total assets, end of year
- $1,359,816
- Total liabilities, end of year
- $849,623
- Net assets, end of year
- $510,193
- Land, buildings and equipment
- $492,501
- Net assets without donor restrictions
- -$130,920
- Net assets with donor restrictions
- $641,113
- Gross receipts
- $1,420,402
- Employees
- 17
- Year formed
- 1986
- 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 |
|---|---|---|---|---|
| JAVIER ROJO | EXECUTIVE DI Officer | 40 | $34,327 | $2,326 |
| JOSUE OLIVARES | EXEC. DIR. ( Officer | 40 | $32,379 | $2,643 |
| ROBERT BAADE | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| ADRIAN PEDROZA | IMMEDIATE PA Trustee or director, Officer | 2 | $0 | $0 |
| RUTH ARAGON | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| KEITH HARTNETT | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| SHAWN BERMAN | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| ANNETTE CHAVEZ Y DE LA CRUZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FRANK BACA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TATIANA FALCON RODRIGUEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DENISE NAVA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERTA RICCI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KIZITO WIJENJE | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOSUE OLIVARES | EXECTIVE DIR Officer | 40 | $74,014 | $6,229 |
| ROBERT BAADE | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| ADRIAN PEDROZA | IMMEDIATE PA Trustee or director, Officer | 2 | $0 | $0 |
| RUTH ARAGON | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| KEITH HARTNETT | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| SHAWN BERMAN | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| ANNETTE CHAVEZ Y DE LA CRUZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FRANK BACA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TATIANA FALCON RODRIGUEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DENISE NAVA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERTA RICCI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KIZITO WIJENJE | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 318 ISLETA BLVD SW, ALBUQUERQUE, NM 87105-3822
- Principal officer (990 for 2024)
- JAVIER ROJO, 318 ISLETA BLVD NE, ALBUQUERQUE, NM 87105
- Signed the 990
- JAVIER ROJO, EXECUTIVE DIRECTOR
- Phone
- (505) 217-2473
- Website
- WWW.RGCDC.ORG
- Return prepared by
- SJT GROUP LLC
Mission
BE THE TRUSTED AND ACCESSIBLE COMMUNITY HUB FOR SOCIAL AND ECONOMIC ENTREPRENEURSHIP WHICH FACILITATES SELF-SUFFICIENCY WHILE HONORING THE PEOPLE'S VOICE AND CULTURE.
Program accomplishments
- RIO GRANDE COMMUNITY DEVELOPMENT CORPORATION (RGCDC) SERVES THE NEEDS OF RESIDENTS AND BUSINESS OWNERS IN BERNALILLO COUNTY, WITH A FOCUS ON THE SOUTH VALLEY AREA. RGCDC'S SOCIAL AND BUSINESS JUSTICE MISSION IS TO SUPPORT COMMUNITY-WIDE HEALTHY ECONOMIC AND SOCIAL DEVELOPMENT THAT ENRICHES TRADITIONAL CULTURAL VALUES AND HISTORICAL USES OF THE LAND.Expenses $991,132 · grants $315,930 · revenue $50,625
- THE SOUTH VALLEY ECONOMIC DEVELOPMENT CENTER (SVEDC) IS A COLLABORATIVE EFFORT BETWEEN BERNALILLO COUNTY AND RGCDC. IN ITS 17,000 SQUARE FOOT FACILITY LOCATED IN THE HEART OF ALBUQUQUERQUE'S SOUTH VALLEY, SVEDC SERVES AS A BUSINESS INCUBATOR BY PROVIDING BUSINESS INCUBATOR SUPPORT SERVICES AND A SITE FOR MANUFACTURING AND FOOD DISTRIBUTION. SVEDC ALSO SERVES AS A COMMUNITY BUSINESS HUB AND SOCIAL DEVELOPMENT.Expenses $205,635 · revenue $134,850
- THE COLOR THEORY INITIATIVE IS A COLLABORATIVE PROGRAM WITH OTHER ALIGNED SOCIAL AND ECONOMIC DEVELOPMENT PROVIDERS FOCUSED ON OVERCOMING SYSTEMIC CHALLENGES FACING NEW MEXICO ENTREPRENEURS AND BUSINESS OWNERS OF COLOR. THE PROGRAM IS DEDICATED TO PROMOTE SHARED TECHNICAL ASSISTANCE AND DATABASE RESOURCES TO EXPAND KNOWLEDGE, ACCESS, AND OPPORTUNITIES FOR BUSINESS SUCCESS TO THOSE IN TRADITIONALLY UNDERSERVED GROUPS.Expenses $207,648 · grants $26,000
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
- 85-0348445
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1987
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,359,816
- Income (IRS master file)
- $1,420,402
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,420,402 | $1,931,236 | $1,359,816 | XML |
| 990 | December 2023 | $1,682,102 | $1,516,748 | $1,691,512 | XML |
| 990 | December 2022 | $1,710,904 | $2,792,842 | $1,259,590 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 85-0348445).
Questions about RIO GRANDE COMMUNITY DEVELOPMENT CORPORATION
- What is the EIN of RIO GRANDE COMMUNITY DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of RIO GRANDE COMMUNITY DEVELOPMENT CORPORATION is 85-0348445.
- Is RIO GRANDE COMMUNITY DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
- Are donations to RIO GRANDE COMMUNITY DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RIO GRANDE COMMUNITY 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 RIO GRANDE COMMUNITY DEVELOPMENT CORPORATION 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 RIO GRANDE COMMUNITY DEVELOPMENT CORPORATION 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 RIO GRANDE COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names JAVIER ROJO.
- Who are the officers and directors of RIO GRANDE COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 13 people; 2 received compensation from the organization, the highest $34,327 (JAVIER ROJO, EXECUTIVE DI).
- How much revenue does RIO GRANDE COMMUNITY DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,420,402, expenses of $1,931,236 and total assets of $1,359,816 at year end.
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