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 2025 filing: $13.9M revenue, $11.4M expenses, $203.2M total assets. 1 publicly reported grants to this organization, totaling roughly $213K, appear in IRS filings.
EIN: 850291313
ALBUQUERQUE, NM
Scholarships & Student Financial Aid
NTEE: B82
Latest filing: 2025
Total Revenue$13.9M
Total Expenses$11.4M
Total Assets$203.2M
Grant Records1
Funding Total$213K
Filing Years2021–2025
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
CONTROLLER
Deena Pierce
ASST VICE PRESIDENT INFO TECH
Estevan Martinez
VICE PRESIDENT ADMIN SERVICE
Grace Tackman
VICE CHAIR
Kevin Powers
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $13.9M | $11.4M | $203.2M |
| 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 |
Between 2021 and 2025, reported annual revenue held roughly steady at around $13.9M, with total assets most recently reported at $203.2M.
Interactive year-over-year charts and full filing details available with membership.