Mission
TO MAKE DEBT OR EQUITY INVESTMENTS TO SUPPORT NEW OR EXPANDING BUSINESSES IN THE STATE OF NEW MEXICO, TO CREATE NEW JOB OPPORTUNITIES, AND TO IMPLEMENT THE NEW MEXICO SMALL BUSINESS INVESTMENT ACT.
Public Charity
SMALL BUSINESS INVESTMENT CORPORATION
Based in TIJERAS, NM, SMALL BUSINESS INVESTMENT CORPORATION operates as a Public Charity. The organization reported $28.8M in revenue, $472K in expenses, $190.1M in total assets for fiscal year 2025.
EIN: 850482958
TIJERAS, NM
Economic Development
NTEE: S30
Latest filing: 2025
Total Revenue$28.8M
Total Expenses$472K
Total Assets$190.1M
Grant Records0
Filing Years2021–2025
Where $100 goes at Small Business Investment Corporation
How Small Business Investment Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$71
Programs
the work itself
$29
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 $71 for programs
$67
The organization's lending program is its primary program
$4
The organization also has an equity program that historically made investments in venture capital equity funds
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.
Officers & Directors
VICE CHAIR
Anne Beckett
DIRECTOR
Joshua Grassham
CHAIR
Joshua Smith
DIRECTOR
Kristina Alley
DIRECTOR
Laura Montoya
SECRETARY/TR
Robert Valdiviez
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $28.8M | $472K | $190.1M |
| 2024 | $31.0M | $483K | $156.9M |
| 2023 | $8.9M | $424K | $123.8M |
| 2022 | $18.8M | $424K | $120.3M |
| 2021 | $911K | $1.0M | $97.4M |
Between 2021 and 2025, reported annual revenue grew from $911K to $28.8M (+3059%), with total assets most recently reported at $190.1M.
Interactive year-over-year charts and full filing details available with membership.