Public Charity

NUSENDA FOUNDATION

NUSENDA FOUNDATION, of ALBUQUERQUE, NM, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $1.6M in revenue, $854K in expenses, $3.3M in total assets. 8 publicly reported grants to this organization, totaling roughly $808K, appear in IRS filings.

EIN: 471284916 ALBUQUERQUE, NM Latest filing: 2024
Total Revenue$1.6M
Total Expenses$854K
Total Assets$3.3M
Grant Records8
Funding Total$808K
Filing Years2020–2024

Mission

THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE PURPOSES DEFINED FOR QUALIFYING EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THESE CHARITABLE AND EDUCATIONAL ACTIVITIES SUPPORT OR CREATE PROGRAMS AIMED AT PROMOTING AND ENHANCING EFFECTIVE PHILANTHROPIC PARTNERSHIPS FOCUSED ON FINANCIAL LITERACY, CAPABILITY AND IMPROVEMENT, ASSET BUILDING INITIATIVES, AND THE CREATION AND IMPLEMENTATION OF PRODUCTS AND SERVICES TO SUPPORT LOWER INCOME AND IMPOVERISHED INDIVIDUALS AND COMMUNITIES; AND TO DEVELOP CIVIC, CULTURAL, HEALTH, EDUCATION, ECONOMIC DEVELOPMENT AND DIVERSIFICATION INITIATIVES TO ENHANCE THE GENERAL WELL-BEING OF RESIDENTS IN NEW MEXICO.

Where $100 goes at Nusenda Foundation

How Nusenda Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$97 Programs the work itself
$3 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 $97 for programs

$97
The foundation receives funds generated by the nusenda credit union community rewards program (community rewards), which is a contribution driven by member debit card transactions
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TREASURER Brandon Waldschmidt
VICE CHAIR Daniel Meyer
DIRECTOR Deborah Conley
DIRECTOR Frank Gutierrez
DIRECTOR June Manning
DIRECTOR Leigh Anne Chavez

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$45,425 2 grants
Health & Medicine
$18,000 1 grant
Unspecified
$745,000 5 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.6M $854K $3.3M
2023 $880K $845K $2.7M
2022 $532K $887K $2.4M
2021 $840K $676K $3.0M
2020 $392K $1.1M $2.8M

Between 2020 and 2024, reported annual revenue grew from $392K to $1.6M (+299%), with total assets most recently reported at $3.3M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for NUSENDA FOUNDATION

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