NonprofitsCredit Unions In The State Of New Mexico

Credit Unions In The State Of New Mexico

CUBA, NM

Total revenue

$1.2M

Total expenses

$888K

Net assets

$3.9M

Grants received

EIN

237253091

Tax year

2024

Mission

Provide loan and deposit products & services to member-owners of the organization at a reasonable cost and with a reasonable rate of return, respectively.

Programs

2 programs

The credit union returned earnings of approximately $156,300 to its members in the form of dividends.

The credit union increased the members' equity position by approximately $350,000.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$586K
Investment income$645K
Other revenue$8K
Total revenue$1.2M

Expenses

Grants paid
Salaries & benefits$308K
Fundraising
Other expenses$581K
Total expenses$888K
Total assets$22.3M
Net assets$3.9M

People

6 listed

NameRoleCompensation

RHONDA JACQUEZ

CEO

Board

$91K

40 hrs/wk

MARTIN HERRERA

PRESIDENT

Board

1 hrs/wk

WALTER TAYLOR

VICE PRESIDENT

Board

1 hrs/wk

JACK NELSON

TREASURER

Board

1 hrs/wk

VALENTIN MCCOY

MEMBER

Board

1 hrs/wk

JOSEPHINE VELARDE

SECRETARY

Board

1 hrs/wk

Details

EIN237253091
Subsection14
Ruling date1973-01
Formed1972
Employees5
Volunteers0
CREDIT UNIONS IN THE STATE OF NEW MEXICO — Mission, Financials & Grants Received | Grantivo