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Nonprofit · EIN 88-0721683

VIDA MEJOR CAPITAL INC

Tax-exempt · RIO RANCHO, NM 87124

Financials

$188K$176K2023$279K$231K2024$578K$556K2025
Revenue Expenses · by fiscal year end
Financials of VIDA MEJOR CAPITAL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$578,389$556,049$22,340$67,875$0$67,875
December 31, 2024990$279,345$231,395$47,950$45,535$0$45,535
December 31, 2023990-EZ$187,500$175,966$11,534$13,278$1,744$11,534
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$578,386
of which government grants
$258,410
Program service revenue
$0
Investment income
$3
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$123,332
Other salaries and wages
$2,000
Salaries, compensation and benefits (total)
$135,251
Professional fundraising fees
$0
Legal fees
$1,273
Accounting fees
$9,177
Travel
$17,963
Depreciation
$366
Program services (functional)
$348,067
Management and general (functional)
$73,161
Fundraising (functional)
$134,821

Balance sheet and other

Total assets, start of year
$45,535
Total assets, end of year
$67,875
Total liabilities, end of year
$0
Net assets, end of year
$67,875
Land, buildings and equipment
$1,308
Net assets without donor restrictions
$67,875
Gross receipts
$578,389
Employees
2
Volunteers
6
Year formed
2022
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, 2025, highest compensation first.

NameTitleHours / weekCompensation
JULIE CRANSTONTREASURER
Officer
10$94,630
EDWARD S LOPEZPRESIDENT
Officer
20$64,000
SANDRA RUBALCAVAKEY EMPLOYEE
Key employee
10$57,960
RUSS GARCIADIRECTOR
Trustee or director
0$0
KARA WARDDIRECTOR
Trustee or director
0$0
CASEY DERAADDIRECTOR
Trustee or director
0$0
KURT HENRY DRDIRECTOR
Trustee or director
0$0
JEFF ATENCIODIRECTOR
Trustee or director
0$0
990 for the year ended December 31, 2024: 8 people
NameTitleHours / weekCompensation
EDWARD S LOPEZPRESIDENT
Officer
20$55,000
JULIE CRANSTONTREASURER
Officer
10$37,125
SANDRA RUBALCAVAKEY EMPLOYEE
Key employee
10$35,478
RUSS GARCIADIRECTOR
Trustee or director
0$0
KARA WARDDIRECTOR
Trustee or director
0$0
CASEY DERAADDIRECTOR
Trustee or director
0$0
KURT HENRY DRDIRECTOR
Trustee or director
0$0
JEFF ATENCIODIRECTOR
Trustee or director
0$0
990-EZ for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
Julie CranstonTreasurer13$40,343
Scott LopozPresident8$30,000
Sandra RubalcavaKey Employee18$23,197
Russ GarciaDirector1$0
Ron LovatoDirector1$0
Kara WardDirector1$0
Clelsea CanadaDirector1$0
Casey DeRaadDirector1$0
Dr Kurt HenryDirector1$0
Jeff AtencioDirector1$0

Address and contacts

Address (IRS master file)
4201 CRESTVIEW DR SE, RIO RANCHO, NM 87124-5903
In care of
% EDWARD S LOPEZ
Mailing address (990-N for 2022)
347 Eagle Drive, Ohkay Owingeh NM 87566
Principal officer (990 for 2025)
EDWARD S LOPEZ, 347 EAGLE DR, Ohkay Owingeh, NM 87566
Principal officer (990-N for 2022)
Scott Lopez, 347 Eagle Drive, Ohkay Owingeh NM 87566
Signed the 990
EDWARD S LOPEZ, PRESIDENT
Phone
(949) 478-1181
Return prepared by
AFSHAR CPA PC

Mission

SEE SCH O

990 for the year ended December 31, 2025

Program accomplishments

  • HEALTHY FOOD FINANCING FUND (HFFF): VIDA MEJOR CAPITAL SERVES AS THE FUND ADMINISTRATOR FOR THE NEW MEXICO EDD HEALTHY FOOD FINANCING FUND. THIS PROGRAM IS DESIGNED TO INCREASE ACCESS TO FOOD FOR HISTORICALLY UNDER-RESOURCED COMMUNITIES, ADDRESS WORKFORCE DEVELOPMENT CHALLENGES THROUGH THE CREATION AND RETENTION OF JOBS IN THE AGRICULTURAL AND FOOD SUPPLY CHAIN AND STRENGTHEN AND DIVERSIFY STATE MARKET CHANNELS. THE PROGRAM ALSO SUPPORTS SMALL AND MID-SCALE FOOD AND AGRICULTURAL OPERATIONS, ADVANCES FOOD-SAFE STORAGE AND TRANSPORTATION, AND HELPS PRODUCERS IMPLEMENT REGENERATIVE AGRICULTURAL PRACTICES. IN FY25, VIDA MEJOR CAPITAL, IN COLLABORATION WITH THE NEW MEXICO EDD, FUNDED 8 BUSINESSES WITH $275,000 TO ACHEIVE THESE GOALS. OVER THREE GRANT CYCLES (EDD FY23-25), THE GRANT PROGRAM HAS SUPPORTED 41 BUSINESSES WITH $1,625,000 IN FUNDING. THESE EFFORTS CONTRIBUTE TO IMPROVING CONDITIONS IN NM FOOD DESERTS AND EXPAND ACCESS TO HEALTHY FOOD.
    Expenses $155,234
  • HEALTHY FOOD FINANCING INITIATIVE (HFFI) - VIDA MEJOR CAPITAL IS A PARTNER IN THE USDA HEALTHY FOOD FINANCING INITIATIVE, WHICH SERVES UNDERSERVED COMMUNITIES BY INCREASING ACCESS TO HEALTHY AND FRESH FOOD. THE INITIAL LAUNCH PHASE OF THE PROGRAM AT VIDA MEJOR CAPITAL BEGAN IN FY 2024 AND WILL CONTINUE THROUGH FY29. IN 2025, THE NEW MEXICO HEALTHY FOOD FINANCING FUND PARTNERSHIP LED BY VIDA MEJOR CAPITAL, TRANSITIONED FROM PLANNING INTO ACTIVE PROGRAM IMPLEMENTATION AND EARLY DELIVERY TO USDA-ELIGIBLE NEW MEXICO FOOD RETAIL BUSINESSES. THE FIRST HALF OF THE YEAR FOCUSED ON OUTREACH, ECOSYSTEM ENGAGEMENT, AND FOUNDATIONAL RESEARCH. BUILDING ON INITIAL PLANNING WORK, PARTNERS EXECUTE A COORDINATED OUTREACH STRATEGY AND BEGIN ENGAGING TARGET AUDIENCES STATEWIDE. DURING SPRING 2025, THE PARTNERSHIP CONVENED ROUNDTABLES TO GATHER STAKEHOLDER INPUT, WHICH DIRECTLY INFORMED THE DEVELOPMENT OF ACCELERATOR AND TRAINING CURRICULA. BEGINNING IN MID-2025, THE PARTNERSHIP LAUNCHED CORE PROGRAMMATIC ACTIVITIES. IN JULY 2025, COHORT BASED TECHNICAL ASSISTANCE PROGRAMS, INCLUDING ONE-ON-ONE CONSULTING, SPRINT ACCELERATORS AND IN DEPTH TRAINING SEMINARS WERE INITIATED, TARGETING HEALTHY FOOD FINANCING FUND APPLICANTS AND AWARDEES AS WELL AS BROADER ECOSYSTEM PARTICIPANTS. AT THE SAME TIME, VIDA MEJOR CAPITAL INTRODUCED STATEWIDE NAVIGATION SERVICES, PROVIDING CASE MANAGEMENT STYLE SUPPORT TO HELP BUSINESSES ACCESS TECHNICAL ASSISTANCE, CAPITAL, AND RESOURCES, WHILE ALSO ESTABLISHING PROCESSES FOR ONGOING PERFORMANCE METRIC REVIEW AND PROGRAM REFINEMENT. COLLECTIVELY, 2025 REPRESENTS A PIVOTAL YEAR IN WHICH THE PARTNERSHIP MOVES FROM STRATEGY AND DESIGN INTO INITIAL IMPLEMENTATION TO STRENGTHEN NEW MEXICOS HEALTHY FOOD ECOSYSTEM.
    Expenses $146,470
  • RURAL BUSINESS DEVELOPMENT GRANT- VIDA MEJOR CAPITAL PROVIDED EXPERT INDEPENDENT CONSULTANTS TO DELIVER ONE-ON-ONE TECHNICAL ASSISTANCE TO FIVE NATIVE-OWNED RURAL SMALL BUSINESSES. THIS ONGOING PROJECT IS DESIGNED TO PROMOTE JOB GROWTH AND RETENTION, TRAINING AND TECHNICAL ASSISTANCE, AND OTHER BUSINESS-ORIENTED DEVELOPMENTAL SUPPORT. IN FY 2025, VIDA MEJOR CAPITAL OVERSAW THE DISTRIBUTION OF OVER $38,800 IN GRANTS TO ELIGIBLE BUSINESSES FOR THE INITIAL STAGE OF IDENTIFYING NEEDS, HIRING CONSULTANTS, AND DEVELOPING WORKPLANS.
    Expenses $46,363

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
88-0721683
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$67,875
Income (IRS master file)
$578,389

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$578,389$556,049$67,875XML
990December 2024$279,345$231,395$45,535XML
990-EZDecember 2023$187,500$175,966$13,278XML
990-N for 2022
Officer: Scott Lopez
December 31, 2022≤ $50,000 receipts––e-Postcard

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 88-0721683).

Questions about VIDA MEJOR CAPITAL INC

What is the EIN of VIDA MEJOR CAPITAL INC?
The employer identification number (EIN) of VIDA MEJOR CAPITAL INC is 88-0721683.
Is VIDA MEJOR CAPITAL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to VIDA MEJOR CAPITAL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VIDA MEJOR CAPITAL INC 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 VIDA MEJOR CAPITAL INC 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 VIDA MEJOR CAPITAL INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of VIDA MEJOR CAPITAL INC?
The 990 for the year ended December 31, 2025 names EDWARD S LOPEZ.
Who are the officers and directors of VIDA MEJOR CAPITAL INC?
The 990 for the year ended December 31, 2025 lists 8 people; 3 received compensation from the organization, the highest $94,630 (JULIE CRANSTON, TREASURER).
How much revenue does VIDA MEJOR CAPITAL INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $578,389, expenses of $556,049 and total assets of $67,875 at year end.

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