Public Charity

NEW MEXICO COMMUNITY TRUST

NEW MEXICO COMMUNITY TRUST is a Public Charity headquartered in ALBUQUERQUE, NM. Financial data from the 2024 filing: $5.2M revenue, $5.8M expenses, $10.6M total assets. 5 publicly reported grants to this organization, totaling roughly $160K, appear in IRS filings.

EIN: 854395064 ALBUQUERQUE, NM Latest filing: 2024
Total Revenue$5.2M
Total Expenses$5.8M
Total Assets$10.6M
Grant Records5
Funding Total$160K
Filing Years2022–2024

Mission

TO BUILD, INVEST AND MANAGE ENDOWMENT FUNDS TO ENHANCE THE QUALITY OF NEW MEXICO THROUGH INFORMED, STRATEGIC GRANTMAKING.

Officers & Directors

TRUSTEE Beverly Bendicksen
BOARD CHAIR Brian Colon
TRUSTEE Carl Alongi
TREASURER/SECRETARY Kenneth Leach
TRUSTEE Marcus Mims
COO Marisa Magallanez

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$71,000 2 grants
TAOS HOUSING PARTNERSHIP CAPACITY BUILDING
$50,000 1 grant
For grant recipient's exempt purposes
$32,500 1 grant
PUBLIC, SOCIETAL BENEFIT
$6,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $5.2M $5.8M $10.6M
2023 $16.0M $9.7M $11.2M
2022 $10.3M $9.4M $7.3M

Between 2022 and 2024, reported annual revenue declined from $10.3M to $5.2M (-49%), with total assets most recently reported at $10.6M.

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

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