NonprofitsThe New Mexico Baptist Foundation

Religion-Related

The New Mexico Baptist Foundation

ALBUQUERQUE, NM

Total revenue

$1.7M

Total expenses

$1.7M

Net assets

$14.0M

Grants received

EIN

850158371

Tax year

2024

Mission

The new mexico baptist foundation seeks to fulfill its mission to generate funds for kingdom causes around the world. We are committed to assisting individuals, churches, and charities impacting the world through the faithful stewardship of god's resources. The foundation manages funds entrusted for the ongoing benefit of churches, missions, ministry, and charitable organizations. In addition, the foundation provides resources for estate planning, charitable gifting, endowment creation, scholarships, church finance, and compassion causes.

Financials

FY 2024

Revenue

Contributions & grants$19K
Program service revenue$1.6M
Investment income$87K
Other revenue
Total revenue$1.7M

Expenses

Grants paid$48K
Salaries & benefits$1.4M
Fundraising$208K
Other expenses$268K
Total expenses$1.7M
Total assets$61.9M
Net assets$14.0M

People

12 listed

NameRoleCompensation

RICK BREEDEN

PRESIDENT

Board

$310K

40 hrs/wk

TED WITH

CHAIRMAN

Board

2 hrs/wk

ROBERT EWING

VICE CHAIR

Board

2 hrs/wk

LINDA DEAN

SECRETARY

Board

2 hrs/wk

CHARLES STOCKTON

DIRECTOR

Board

1 hrs/wk

LEWIS WILLIAMS

DIRECTOR

Board

1 hrs/wk

STEVE BALLEW

DIRECTOR

Board

1 hrs/wk

CHRIS PAYTON

DIRECTOR

Board

1 hrs/wk

CARROLL VAUGHN

DIRECTOR

Board

1 hrs/wk

JOHN LOUDAT

DIRECTOR

Board

1 hrs/wk

RICHARD GOMEZ

DIRECTOR

Board

1 hrs/wk

RANDY PATTERSON

DIRECTOR

Board

1 hrs/wk

Details

EIN850158371
NTEE codeX21
Subsection03
Ruling date1968-08
Formed1948
Employees13
THE NEW MEXICO BAPTIST FOUNDATION — Mission, Financials & Grants Received | Grantivo