SCommunity Improvement & Capacity BuildingEIN: 200100129· Ruling Year: 2004

New Mexico Economic Development Corporation

Albuquerque, New Mexico

B+Health Score
70B+

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Good

💰
$1.2M
Total Revenue
📊
$1.1M
Total Expenses
🏦
$947K
Net Assets
📋
$71K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+8.9%
Year-over-year change (2022 → 2023)
Net Margin
+9.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.86
Net assets divided by total expenses
Liabilities-to-Assets
6.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,207,8709%$1,099,2337%$1,017,2137%
2022$1,108,73012%$1,180,26618%$949,4309%
2021$989,69935%$998,82226%$1,038,2922%
2020$1,530,36635%$1,341,15921%$1,018,43734%
2019$1,130,2243%$1,111,08712%$762,5623%
2018$1,100,4352%$995,75821%$739,42216%
2017$1,122,00314%$825,69931%$637,01179%
2016$1,301,64422%$1,193,2556%$356,13630%
2015$1,064,2383%$1,123,89811%$273,60514%
2014$1,037,46561%$1,012,74235%$318,83213%
2013$643,4187%$747,4669%$366,61617%
2012$601,57450%$686,74340%$439,19316%
2011$1,205,087$1,135,674$523,407

Frequently Asked Questions

What does New Mexico Economic Development Corporation do?

New Mexico Economic Development Corporation is a community improvement & capacity building nonprofit organization based in New Mexico. It is classified under NTEE code S41 and is registered as a 501(c) tax-exempt organization with the IRS.

Is New Mexico Economic Development Corporation financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for New Mexico Economic Development Corporation.

How much revenue does New Mexico Economic Development Corporation generate?

New Mexico Economic Development Corporation reports $1.1M in annual revenue and holds $1.0M in total assets, based on IRS filings.

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