Mission
STRENGTHENING CREDIT UNIONS IN NEW MEXICO THROUGH COLLABORATIVE OPPORTUNITIES.
Public Charity
CREDIT UNION FOUNDATION OF NEW MEXICO FKA NM CU EDUCATION FOUNDATION
CREDIT UNION FOUNDATION OF NEW MEXICO FKA NM CU EDUCATION FOUNDATION is a Public Charity headquartered in ALBUQUERQUE, NM. Financial data from the 2025 filing: $907K revenue, $225K expenses, $5.9M total assets. IRS filings disclose 5 grants awarded by this foundation, totaling roughly $230K.
EIN: 850435181
ALBUQUERQUE, NM
Philanthropy, Voluntarism & Grantmaking Foundations N.E.C.
NTEE: T99
Latest filing: 2025
Total Revenue$907K
Total Expenses$225K
Total Assets$5.9M
Grants Given5
Grant Total$230K
Filing Years2020–2025
Where $100 goes at Credit Union Foundation of New Mexico FKA NM Cu Education Foundation
How Credit Union Foundation of New Mexico FKA NM Cu Education Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 8 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
Cufnm's purpose is to strengthen the credit union movement which serves people of modest means living in new mexico and it does so with professional development to credit…
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.
Sample Grants Given
TO SUPPORT THE CREATION OF POWERFUL ENGAGEMENTS AND PARTNERSHIPS THAT LEAD TO INCREASED PHILANTHROPY, INVESTMENT, INNOVATION, AND SUPPORT FOR THE UNIVERSITY OF NEW MEXICO.
$62,802
TO SUPPORT THE CREATION OF POWERFUL ENGAGEMENTS AND PARTNERSHIPS THAT LEAD TO INCREASED PHILANTHROPY, INVESTMENT, INNOVATION, AND SUPPORT FOR THE UNIVERSITY OF NEW MEXICO.
$94,580
TO PROMOTE FINANCIAL STABILITY THROUGH THEIR ALICE HOUSEHOLD PROGRAM.
$60,000
TO SUPPORT CREDIT UNION STAFF AND VOLUNTEERS WITH DISASTER RELIEF EFFORTS DUE TO MAJOR MAUI FIRE
$8,000
TO SUPPORT THE CREATION OF POWERFUL ENGAGEMENTS AND PARTNERSHIPS THAT LEAD TO INCREASED PHILANTHROPY, INVESTMENT, INNOVATION, AND SUPPORT FOR THE UNIVERSITY OF NEW MEXICO.
$5,027
Showing up to 5 of 5 total records — full history available with membership.
Officers & Directors
BOARD SECRETARY/TREASURER
Donald Sarich
VICE CHAIR
Judy Carrasco
CHAIRMAN
Karen Griffo
DIRECTOR
Lily Currin
PRESIDENT/CEO
Melia D Heimbuck
DIRECTOR
Nelson Medina
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $907K | $225K | $5.9M |
| 2024 | $880K | $338K | $4.7M |
| 2023 | $497K | $271K | $3.9M |
| 2022 | $433K | $245K | $3.3M |
| 2020 | $334K | $153K | $2.3M |
Between 2020 and 2025, reported annual revenue grew from $334K to $907K (+172%), with total assets most recently reported at $5.9M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in HI, NM.
HINM
Full geographic grant map with state-by-state breakdown available with membership.