NonprofitsNew Mexico Community Trust

New Mexico Community Trust

ALBUQUERQUE, NM

Total revenue

$5.2M

Total expenses

$5.8M

Net assets

$10.1M

Grants received

$471K

9 grants

EIN

854395064

Tax year

2024

Mission

To manage and administer endowment and donor advised funds that will benefit new mexico nonprofits and new mexico communities.

Financials

FY 2024

Revenue

Contributions & grants$4.8M
Program service revenue$166K
Investment income$245K
Other revenue
Total revenue$5.2M

Expenses

Grants paid$5.0M
Salaries & benefits$287K
Fundraising$54K
Other expenses$462K
Total expenses$5.8M
Total assets$10.6M
Net assets$10.1M

People

10 listed

NameRoleCompensation

BRIAN COLON

BOARD CHAIR

Board

2 hrs/wk

WALTER STERN

VICE CHAIR

Board

2 hrs/wk

KENNETH LEACH

TREASURER/SECRETARY

Board

2 hrs/wk

CARL ALONGI

TRUSTEE

Board

2 hrs/wk

BEVERLY BENDICKSEN

TRUSTEE

Board

2 hrs/wk

WILLIAM LANG

TRUSTEE

Board

2 hrs/wk

MARCUS MIMS

TRUSTEE

Board

2 hrs/wk

R RANDALL ROYSTER

PRESIDENT & CEO

Board

8 hrs/wk

NICHOLAS WILLIAMS

CFO

Board

8 hrs/wk

MARISA MAGALLANEZ

COO

Board

8 hrs/wk

Grants received

Showing 9 of 9

FromAmountPurposeYear
$147K
The sole purpose of the Grant program is to support nonprofit effortsto strengthen the STEM workforce and technology ecosystem in our target markets.
2024
$50K
Support efforts to promote housing stability for youth and families in New Mexico
2024
$25K
GENERAL SUPPORT OF EXEMPT MISSION AND PROGRAMS
2024
$21K
GENERAL SUPPORT
2024
$3K
GENERAL SUPPORT OF EXEMPT MISSION AND PROGRAMS
2024
$50K
TAOS HOUSING PARTNERSHIP CAPACITY BUILDING
2023
$50K
GENERAL SUPPORT
2023
$75K
SUPPORT THE NEW MEXICO COMMUNITY TRUST'S HOUSING STABILITY PROGRAM
2022

Funded by

$471K from 6 funders · 9 grants · 2022–2024

The Encantado Foundation

$147K · 1 grant · 2024

Annie E Casey Foundation Inc

$125K · 2 grants · 2022–2024

Albuquerque Community Foundation

$71K · 2 grants · 2023–2024

Anchorum Health Foundation

$50K · 1 grant · 2023

Jack Beaty Educational Scholarship

$50K · 1 grant · 2022

Meow Wolf Philanthropic Foundation

$28K · 2 grants · 2024

Details

EIN854395064
Subsection03
Ruling date2021-09
Formed2019
Employees0
Volunteers7
NEW MEXICO COMMUNITY TRUST — Mission, Financials & Grants Received | Grantivo