Public Charity

REGIONAL DEVELOPMENT CORPORATION

REGIONAL DEVELOPMENT CORPORATION, of SANTA FE, NM, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $1.3M in revenue, $1.5M in expenses, $1.2M in total assets. 7 publicly reported grants to this organization, totaling roughly $4.8M, appear in IRS filings.

EIN: 742805791 SANTA FE, NM Community Service Clubs NTEE: S80 Latest filing: 2025
Total Revenue$1.3M
Total Expenses$1.5M
Total Assets$1.2M
Grant Records7
Funding Total$4.8M
Filing Years2021–2025

Mission

THE REGIONAL DEVELOPMENT CORPORATION (RDC) IS A PRIVATE NON-PROFIT 501(C) (3) ORGANIZATION DEDICATED TO IMPROVING ECONOMIC DEVELOPMENT IN NORTHERN NEW MEXICO. RDC PROVIDES PRIVATE INVESTMENT OPPORTUNITIES AND TECHNICAL ASSISTANCE TO FACILITATE JOB GROWTH AND DIVERSIFY THE ECONOMIES OF COMMUNITIES IN THE FOLLOWING SEVEN COUNTIES: LOS ALAMOS, MORA, RIO ARRIBA, SANDOVAL, SAN MIGUEL, SANTA FE, TAOS, AND THE MUNICIPALITIES AND NATIVE AMERICAN PUEBLOS THEREIN.

Where $100 goes at Regional Development Corporation

How Regional Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$90 Programs the work itself
$10 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 $90 for programs

$90
Regional Development Corporation initiatives include business retention & expansion which provides one-on-one technical assistance services to current and future business owners free of charge
All program spending
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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

DIRECTOR Cedric Page
DIRECTOR Elmer Salazar
TREASURER Everett Trujillo
SECRETARY Jack Jekowski
CHAIR Jennifer Jenkins
VICE CHAIR Kristin Henderson

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$4,066,184 6 grants
Education
$723,801 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $1.3M $1.5M $1.2M
2024 $1.1M $1.3M $1.3M
2023 $1.1M $1.1M $1.6M
2022 $1.0M $866K $1.5M
2021 $1.1M $926K $1.3M

Between 2021 and 2025, reported annual revenue grew from $1.1M to $1.3M (+22%), with total assets most recently reported at $1.2M.

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

See the full picture for REGIONAL DEVELOPMENT CORPORATION

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