Mission
ORGANIZATION'S PRIMARY MISSION IS TO RECRUIT NEW BUSINESSES TO NEW MEXICO.
Public Charity
NEW MEXICO ECONOMIC DEVELOPMENT CORP
NEW MEXICO ECONOMIC DEVELOPMENT CORP is a nonprofit organization categorized as Public Charity based in ALBUQUERQUE, NM. Its most recent IRS filing (2025) reports revenue of $1.3M, expenses of $1.5M, total assets of $735K.
EIN: 200100129
ALBUQUERQUE, NM
Chambers of Commerce & Business Leagues
NTEE: S41
Latest filing: 2025
Total Revenue$1.3M
Total Expenses$1.5M
Total Assets$735K
Grant Records0
Filing Years2021–2025
Where $100 goes at New Mexico Economic Development Corp
How New Mexico Economic Development Corp divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$100
Programs
the work itself
<$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $100 for programs
$100
Promote and better the common economic interest of the state of new mexico and its citizens
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
REGION 5
Cari Lemon
TREASURER
Cassie Arias-Ward
REGION 1
Clemente Sanchez
BOARD MEMBER
Davin Lopez
BOARD MEMBER
Dawn Boulware
SECRETARY
Debbie Johnson
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $1.3M | $1.5M | $735K |
| 2024 | $1.1M | $1.3M | $1.0M |
| 2023 | $1.2M | $1.1M | $1.0M |
| 2022 | $1.1M | $1.2M | $949K |
| 2021 | $990K | $999K | $1.0M |
Between 2021 and 2025, reported annual revenue grew from $990K to $1.3M (+27%), with total assets most recently reported at $735K.
Interactive year-over-year charts and full filing details available with membership.