Mission
PROMOTE THE PUBLIC WELFARE AND PROSPERITY OF THE PEOPLE OF NEW MEXICO BY STIMULATING THE AVAILABILITY OF FINANCIAL ASSISTANCE FOR POST-SECONDARY EDUCATION SO AS TO GIVE GREATER HIGHER EDUCATION OPPORTUNITY.
Public Charity
NEW MEXICO EDUCATIONAL ASSISTANCE FOUNDATION
NEW MEXICO EDUCATIONAL ASSISTANCE FOUNDATION is a Public Charity headquartered in ALBUQUERQUE, NM. Financial data from the 2024 filing: $17.6M revenue, $12.6M expenses, $243.4M total assets. 1 publicly reported grants to this organization, totaling roughly $213K, appear in IRS filings.
EIN: 850291313
ALBUQUERQUE, NM
Latest filing: 2024
Total Revenue$17.6M
Total Expenses$12.6M
Total Assets$243.4M
Grant Records1
Funding Total$213K
Filing Years2020–2024
Sample Grants Received
FAFSA STUDENT SUPPORT
$212,690
Showing up to 5 of 1 total records — full history available with membership.
Officers & Directors
CHAIR
Alex Heubeck
PRESIDENT & CEO
Brad Allpass
ASST VICE PRESIDENT INFO TE
Estevan Martinez
VICE PRESIDENT ADMIN SERVICE
Grace Tackman
VICE CHAIR
Kevin Powers
DIRECTOR
Laura M Montoya
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $17.6M | $12.6M | $243.4M |
| 2023 | $18.7M | $13.5M | $288.4M |
| 2022 | $12.3M | $14.9M | $349.1M |
| 2021 | $14.0M | $14.7M | $354.4M |
| 2020 | $20.0M | $19.7M | $392.8M |
Between 2020 and 2024, reported annual revenue declined from $20.0M to $17.6M (-12%), with total assets most recently reported at $243.4M.
Interactive year-over-year charts and full filing details available with membership.