Nonprofit · EIN 85-4395064
NEW MEXICO COMMUNITY TRUST
Tax-exempt · ALBUQUERQUE, NM 87102
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $5,200,017 | $5,765,788 | -$565,771 | $10,626,169 | $549,144 | $10,077,025 |
| December 31, 2023 | 990 | $16,029,996 | $9,683,707 | $6,346,289 | $11,221,185 | $256,932 | $10,964,253 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $4,788,975
- of which government grants
- $3,840,724
- Program service revenue
- $166,130
- Investment income
- $244,912
- Net gain from sales of assets
- $117,819
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $5,016,981
- Other salaries and wages
- $286,727
- Salaries, compensation and benefits (total)
- $286,928
- Professional fundraising fees
- $0
- Legal fees
- $1,129
- Accounting fees
- $49,394
- Occupancy
- $64,386
- Travel
- $1,104
- Program services (functional)
- $5,372,451
- Management and general (functional)
- $339,434
- Fundraising (functional)
- $53,903
Balance sheet and other
- Total assets, start of year
- $11,221,185
- Total assets, end of year
- $10,626,169
- Total liabilities, end of year
- $549,144
- Net assets, end of year
- $10,077,025
- Publicly traded securities
- $2,554,334
- Net assets without donor restrictions
- $6,417
- Net assets with donor restrictions
- $10,070,608
- Gross receipts
- $5,367,063
- Employees
- 0
- Volunteers
- 7
- Year formed
- 2019
- 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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| R RANDALL ROYSTER | PRESIDENT & CEO Officer | 8 | $0 | $239,154 | $50,937 |
| MARISA MAGALLANEZ | COO Officer | 8 | $0 | $140,714 | $12,490 |
| NICHOLAS WILLIAMS | CFO Officer | 8 | $0 | $132,551 | $6,978 |
| BRIAN COLON | BOARD CHAIR Trustee or director, Officer | 2 | $0 | $0 | $0 |
| WALTER STERN | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 | $0 |
| KENNETH LEACH | TREASURER/SECRETARY Trustee or director, Officer | 2 | $0 | $0 | $0 |
| CARL ALONGI | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| BEVERLY BENDICKSEN | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| WILLIAM LANG | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
| MARCUS MIMS | TRUSTEE Trustee or director | 2 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| R RANDALL ROYSTER | PRESIDENT & CEO Officer | 6 | $0 | $271,264 | $23,337 |
| MARISA MAGALLANEZ | COO Officer | 6 | $0 | $130,428 | $10,757 |
| NICHOLAS WILLIAMS | CFO Officer | 6 | $0 | $120,105 | $14,878 |
| CARL ALONGI | CHAIR Trustee or director, Officer | 2 | $0 | $0 | $0 |
| WILLIAM LANG | TREASURER Trustee or director, Officer | 2 | $0 | $0 | $0 |
| KENNETH LEACH | SECRETARY Trustee or director, Officer | 2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 624 TIJERAS AVE NW, ALBUQUERQUE, NM 87102-3162
- Principal officer (990 for 2024)
- R RANDALL ROYSTER, 624 TIJERAS AVE NW, ALBUQUERQUE, NM 87102
- Signed the 990
- R RANDALL ROYSTER, PRESIDENT & CEO
- Phone
- (505) 883-6240
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
Mission
TO BUILD, INVEST AND MANAGE ENDOWMENT FUNDS TO ENHANCE THE QUALITY OF NEW MEXICO THROUGH INFORMED, STRATEGIC GRANTMAKING.
Program accomplishments
- TO BUILD, INVEST AND MANAGE ENDOWMENT FUNDS TO ENHANCE THE QUALITY OF NEW MEXICO THROUGH INFORMED, STRATEGIC GRANTMAKING. THE ORGANIZATION ALSO PROVIDES CONSULTING AND OTHER SERVICES TO VARIOUS STATE COMMUNITY FOUNDATIONS AS A WAY OF HELPING OTHER ORGANIZATIONS IN NEED.Expenses $5,372,451 · grants $5,016,981 · revenue $166,130
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
- 85-4395064
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $10,626,169
- Income (IRS master file)
- $5,367,063
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $5,200,017 | $5,765,788 | $10,626,169 | XML |
| 990 | December 2023 | $16,029,996 | $9,683,707 | $11,221,185 | XML |
| 990 | December 2022 | $10,280,145 | $9,445,424 | $7,328,007 | IRS |
| 990 | December 2021 | – | – | – | 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 85-4395064).
Questions about NEW MEXICO COMMUNITY TRUST
- What is the EIN of NEW MEXICO COMMUNITY TRUST?
- The employer identification number (EIN) of NEW MEXICO COMMUNITY TRUST is 85-4395064.
- Is NEW MEXICO COMMUNITY TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to NEW MEXICO COMMUNITY TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW MEXICO COMMUNITY TRUST 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 COMMUNITY TRUST 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 COMMUNITY TRUST 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 COMMUNITY TRUST?
- The 990 for the year ended December 31, 2024 names R RANDALL ROYSTER.
- Who are the officers and directors of NEW MEXICO COMMUNITY TRUST?
- The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
- How much revenue does NEW MEXICO COMMUNITY TRUST have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $5,200,017, expenses of $5,765,788 and total assets of $10,626,169 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