NonprofitsNew Mexico Community Development Loan Fund

New Mexico Community Development Loan Fund

ALBUQUERQUE, NM

Total revenue

$2.4M

Total expenses

$3.2M

Net assets

$524K

Grants received

$40K

2 grants

EIN

850377424

Tax year

2024

Mission

To encourage and facilitate the investment of capital in low-income new mexico communities.

Financials

FY 2024

Revenue

Contributions & grants$246K
Program service revenue$2.0M
Investment income$136K
Other revenue$2K
Total revenue$2.4M

Expenses

Grants paid
Salaries & benefits$1.1M
Fundraising$257K
Other expenses$2.0M
Total expenses$3.2M
Total assets$42.5M
Net assets$524K

People

18 listed

NameRoleCompensation

F LEROY PACHECO

PRESIDENT/CEO

Board

$269K

40 hrs/wk

CONCHIE SEARLE

CFO

Board

$151K

40 hrs/wk

HERB CROSBY

CHAIR (THRU 1/24)

Board

1 hrs/wk

ERIC HALL

CHAIR (AS OF 1/24)

Board

1 hrs/wk

MANNY ORTIZ

TREASURER

Board

1 hrs/wk

MIKE DEVENZEIO

VICE CHAIR

Board

1 hrs/wk

IDA FIERRO

SECRETARY

Board

1 hrs/wk

DAVID ALLEN

DIRECTOR

Board

1 hrs/wk

SHELLY BRANSCOM

DIRECTOR

Board

1 hrs/wk

JUSTIN HORWITZ

DIRECTOR

Board

1 hrs/wk

DAR JOHNSON

DIRECTOR

Board

1 hrs/wk

IZAAC JUDA ZUBIA

DIRECTOR

Board

1 hrs/wk

SUZANNE V MIRABAL

DIRECTOR

Board

1 hrs/wk

BETH PETRUNO

DIRECTOR

Board

1 hrs/wk

CHRIS SAMBORSKI

DIRECTOR

Board

1 hrs/wk

JOHN VRABEC

DIRECTOR

Board

1 hrs/wk

DAN WILKINSON SR

DIRECTOR

Board

1 hrs/wk

GEORGE KENEFIC

DIRECTOR OF ENTERPRISE

Staff

$123K

40 hrs/wk

Independent contractors

DAVID HICKS

LENDING CONSULTING & TECH ASSIST SERVICE

$118K

Grants received

Showing 2 of 2

FromAmountPurposeYear
$30K
Native Recovery
2021
$10K
ACF ARTS & CULTURE GRANT
2019

Funded by

$40K from 2 funders · 2 grants · 2019–2021

New Mexico Community Foundation

$30K · 1 grant · 2021

Albuquerque Community Foundation

$10K · 1 grant · 2019

Details

EIN850377424
Subsection03
Ruling date1991-02
Formed1989
Employees10
Volunteers14
NEW MEXICO COMMUNITY DEVELOPMENT LOAN FUND — Mission, Financials & Grants Received | Grantivo