Public Charity

NEW MEXICO HOSPITAL EDUCATION AND RESEARCH FOUNDATION

NEW MEXICO HOSPITAL EDUCATION AND RESEARCH FOUNDATION, of ALBUQUERQUE, NM, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $528K in revenue, $627K in expenses, $350K in total assets. 4 publicly reported grants to this organization, totaling roughly $481K, appear in IRS filings.

EIN: 850361802 ALBUQUERQUE, NM Latest filing: 2024
Total Revenue$528K
Total Expenses$627K
Total Assets$350K
Grant Records4
Funding Total$481K
Filing Years2019–2024

Mission

TO PROMOTE HEALTH CARE EDUCATION AND RESEARCH TO BENEFIT HEALTH CARE PROVIDERS AND COMMUNITIES IN NEW MEXICO.

Where $100 goes at New Mexico Hospital Education and Research Foundation

How New Mexico Hospital Education and Research Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 7 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

$39
The foundation entered into a contract with convergence health, a hospital quality improvement contractor (hqic) which received funding through september 2024 from center for medicare & medicaid services…
41% of program spending
$39
The foundation received funding from the dohs office of assistant secretary for preparedness and response (aspr) to serve as the mechanism to distribute funding directly to hospitals in…
40% of program spending
$12
The foundation received funding from the doh to provide critical support to both the doh, healthcare associated infections and antimicrobial resistance (hai/ar) program as well as the rural…
12% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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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

DIRECTOR Amy Blasing
DIRECTOR David Shaw
AHA DELEGATE Jamie Silva-Steele
DIRECTOR Jason Rounds
CHAIR-ELECT Kate Becker
DIRECTOR Kaye Greene

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$480,868 4 grants

Financial Trends

Year Revenue Expenses Assets
2024 $528K $627K $350K
2023 $311K $417K $416K
2022 $444K $392K $474K
2020 $1.6M $1.5M $426K
2019 $623K $545K $412K

Between 2019 and 2024, reported annual revenue declined from $623K to $528K (-15%), with total assets most recently reported at $350K.

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

See the full picture for NEW MEXICO HOSPITAL EDUCATION AND RESEARCH FOUNDATION

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