Mission
TO PAY COVERED CLAIMS OF INSOLVENT INSURANCE COMPANIES UNDER POLICIES COVERED BY THE NEW MEXICO PROPERTY AND CASUALTY INSURANCE GUARANTY ACT.
Public Charity
NEW MEXICO PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION
NEW MEXICO PROPERTY AND CASUALTY INSURANCE GUARANTY ASSOCIATION is a Public Charity headquartered in ALBUQUERQUE, NM. Financial data from the 2024 filing: $5.8M revenue, $2.9M expenses, $24.4M total assets.
EIN: 850249111
ALBUQUERQUE, NM
Latest filing: 2024
Total Revenue$5.8M
Total Expenses$2.9M
Total Assets$24.4M
Grant Records0
Filing Years2020–2024
Where $100 goes at New Mexico Property and Casualty Insurance Guaranty Association
How New Mexico Property and Casualty Insurance Guaranty Association divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$93
Programs
the work itself
$7
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 $93 for programs
$93
Adjustment and payment of claims of insolvent and casualty insurance companies
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
DIRECTOR
Charlie Harford
DIRECTOR
Joseph Manero
CHAIRMAN
Justin Marcusson
DIRECTOR
Steven Harris
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $5.8M | $2.9M | $24.4M |
| 2023 | $2.3M | $2.7M | $21.5M |
| 2022 | $657K | $2.7M | $22.0M |
| 2021 | $4.2M | $3.7M | $24.0M |
| 2020 | $2.0M | $3.4M | $23.5M |
Between 2020 and 2024, reported annual revenue grew from $2.0M to $5.8M (+195%), with total assets most recently reported at $24.4M.
Interactive year-over-year charts and full filing details available with membership.