2026-08-03T09:44:43-07:00 2025-12-31 860553260 Janice Moen CPA 12 Vista Drive Hooksett NH 03106 990 2025-01-01 850157216 Albuquerque Regional Economic Alliance ALBU 5057053777 201 Third Street NW 1900 Albuquerque NM 87102 Rebecca Napier Current Treasurer 2026-08-03 true Janice Moen CPA P01206712 5052502231 X 2025 2025-03-06 01:10:19Z Josh Parsons 201 Third Street NW 1900 Albuquerque NM 87102 2998988 false X www.abq.org X 1960 NM AREA is a 501(c)(3) public charity that leads and executes strategies designed to grow and diversify the economic base of the greater Albuquerque region, creating a prosperous, diverse, and inclusive economy and elevating the standard of living for all. 39 39 11 14 0 1465968 2001099 208913 0 216788 389487 -47009 1891669 2343577 0 0 1183312 1191956 0 0 819441 777178 2002753 1969134 -111084 374443 4203667 4388307 775468 461883 3428199 3926424 AREA is a 501(c)(3) public charity that leads and executes strategies designed to grow and diversify the economic base of the greater Albuquerque region, creating a prosperous, diverse, and inclusive economy and elevating the standard of living for all. false false 1595241 In 2025 AREA advanced through a pivotal year of the AREA 1.0 Strategic Plan with strong momentum, translating years of foundations work into measurable progress for the greater Albuquerque region. The year was defined by landmark project wins in aerospace, defense and next generations energy, alongside continued gains in site readiness, workforce alignment, and regional collaboration. Business recruitment, retention and expansion: AREA recruits companies that export the majority of their goods and services outside of New Mexico, thereby bringing new money into the state's economy. Business development: AREA assists existing local businesses with their expansion plans, helping connect them to resources that position them for growth.Recruitment and development of contributors: AREA invites leading metro area businesses to contribute to the organization and to be engaged for the advancement of its mission. AREA provides educational programs, training and networking opportunities to its contributors. 1595241 true true false false false false false false false false true false false false true true false true false false false false false false true false false false false true false false false false false false false false false false false false false true true true false false true 16 0 true 11 true false false false false false false false 0 false false false false false false false X 39 39 false false false false false false false true true false false true true true true true true true false false NM X Mary Tieman 5057053777 201 Third Street NW Albuquerque NM 87102 Danielle Casey Past Pres/CEO 40.00 0.00 X 205800 0 9494 Chad Matheson Interim Pre/CEO 40.00 0.00 X 185292 0 20339 Mary Tieman COO 40.00 0.00 X 107583 0 5026 Don Tarry Chair 2.00 0.00 X X 0 0 0 Josh Parsons Chair Elect 2.00 0.00 X X 0 0 0 Celina Bussey Secretary 2.00 0.00 X X 0 0 0 Teresa Costantinidis Treasurer 2.00 0.00 X X 0 0 0 Kyle Beasley Director 1.00 0.00 X 0 0 0 Brian Brown Director 1.00 0.00 X 0 0 0 Mike Canfield Director 1.00 0.00 X 0 0 0 Jim Chynoweth Director 1.00 0.00 X 0 0 0 Michelle Dearholt Director 1.00 0.00 X 0 0 0 Robin Divine Director 1.00 0.00 X 0 0 0 Joe Farr Director 1.00 0.00 X 0 0 0 Frank Gallegos Director 1.00 0.00 X 0 0 0 Benjamin Gardner Director 1.00 0.00 X 0 0 0 Troy Greer Director 1.00 0.00 X 0 0 0 Joanie Griffin Director 1.00 0.00 X 0 0 0 Debbie Harms Director 1.00 0.00 X 0 0 0 Tracy Hartzler Director 1.00 0.00 X 0 0 0 Justin Horwitz Director 1.00 0.00 X 0 0 0 Ruth Huning-Gonzales Director 1.00 0.00 X 0 0 0 Shad James Director 1.00 0.00 X 0 0 0 Wayne Johnson Director 1.00 0.00 X 0 0 0 Leean Kravitz Director 1.00 0.00 X 0 0 0 Pepper Lang Director 1.00 0.00 X 0 0 0 Adam Leyba Director 1.00 0.00 X 0 0 0 Dan Long Director 1.00 0.00 X 0 0 0 Lorie Anne McBride Director 1.00 0.00 X 0 0 0 Meg Meister Director 1.00 0.00 X 0 0 0 Roxanna Meyers Director 1.00 0.00 X 0 0 0 Adrian Montoya Past Director 1.00 0.00 X 0 0 0 Cynthia Schultz Director 1.00 0.00 X 0 0 0 Ryan Shell Director 1.00 0.00 X 0 0 0 Joan Tafoya Past Director 1.00 0.00 X 0 0 0 Janice Torrez Director 1.00 0.00 X 0 0 0 Eric Weinstein Director 1.00 0.00 X 0 0 0 Hank Andrews Director 1.00 0.00 X 0 0 0 Jeff Garrett Director 1.00 0.00 X 0 0 0 Kurt Browning Director 1.00 0.00 X 0 0 0 Kent Cravens Director 1.00 0.00 X 0 0 0 Marcos Gonzales Director 1.00 0.00 X 0 0 0 Rebecca Napier Director 1.00 0.00 X 0 0 0 Robert Nelson Director 1.00 0.00 X 0 0 0 498675 34859 3 false true false 0 108534 595071 1297494 2001099 0 117586 117586 0 0 0 853554 581653 271901 271901 271901 24557 108534 73758 -49201 0 0 Miscellaneous 900099 2192 2192 2192 2343577 2192 389487 0 0 0 0 420925 360210 60715 0 628837 541743 87094 51172 44008 7164 13134 11294 1840 77888 66984 10904 0 487 487 56392 56392 0 0 26869 26869 50760 47907 2853 205253 205253 4780 4111 669 27957 24043 3914 0 86370 74278 12092 83080 33023 50057 0 0 2774 2386 388 0 6330 5444 886 21688 18652 3036 Dues and research 112720 112720 Bank and credit card fees 22213 22213 Repair and maintenance 20755 17849 2906 Meetings 18899 18899 29851 25336 4515 1969134 1595241 373893 0 19076 113860 540457 115006 11000 0 0 0 0 0 37933 32276 225485 221727 6082 3758 3340754 3922593 0 0 0 259365 189814 4203667 4388307 105720 117660 250000 154215 149297 265533 194926 775468 461883 X 3428199 3926424 3428199 3926424 4203667 4388307 374443 123782 X false true X true false X 1338891 1681907 1465968 2001099 6487865 0 0 1338891 1681907 1465968 2001099 6487865 59880 6427985 99224 93080 107537 389487 689328 -49201 -49201 0 7127992 X 0.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 225485 221727 3758 3758 Lease Obligation 194926 194926 X 2514248 123782 123782 2390466 26869 -73758 -46889 2343577 2017242 74977 74977 1942265 26869 26869 1969134 Part X : FIN48 Footnote The Organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. The Internal Revenue Service has classified The Organization as other than private foundations. The Organization has adopted accounting principles generally accepted in the United States of American as they relate to uncertain tax positions for the year ended December 31, 2025, and had evaluated its tax positions taken for all open tax years. However, the Organization is not currently under audit, nor has the Organization been contacted by this jurisdiction. Management believes that the activities of the Organization are within their tax-exempt purpose, and that there are no uncertain tax positions. Part XII, Line 2d: Other expenses and losses per audited F/S Related Party expenditures not on 990 $1219 Event expenses netted against revenue $73758 false Annual Dinner 133091 108534 24557 50040 800 22918 133091 108534 24557 50040 800 22918 73758 -49201 X X false false false false false false false false false Chad Matheson Interim Pre/CEO 185292 9236 11103 205631 Danielle Casey Past Pres/CEO 205800 8885 609 215294 Form 990, Part VI, Section B, Line 11b The Form 990 is reviewed by the Executive Committee first and then the full Board of Directors prior to filing with the IRS. Form 990, Part VI, Section B, Line 12c Albuquerque Regional Economic Alliance has a conflict-of-interest policy which includes having all new board and committee members sign an acknowledgement they have read and understood the policy. All board and committee members are required annually and in writing to disclose all businesses of which the member, or a member of his family, is an officer, member, owner, or employee of such business from which the member, or a member of his family, receives compensation or remuneration of any sort with which Albuquerque Regional Economic Alliance might reasonably in the future enter into a relationship or a transaction. Albuquerque Regional Economic Alliance also has a policy directing the Board Chair and other Board Members on how to disclose a potential conflict of interest when issues are discussed or voted on, which includes disclosure and the party removing themselves from the meeting during discussion and vote. The policy directs the board or committee to seek alternates to the proposed transaction so as not producing a conflict of interest unless a more advantageous transaction or arrangement is not reasonably possible. Form 990, Part VI, Section B, Line 15a The Board Chair and the Executive Board of Directors reviews and approves compensation for the President and CEO based on measurable goals and metrics. The COOs compensations is reviewed annually and determined by the President and CEO based on measurable goals. Form 990, Part VI, Section C, Line 19 Governing documents, policies, financial statements and the IRS Form 990 are made available to the public upon request. Albuquerque Forward Fund 201 3rd Street NW Suite 1900 Albuquerque NM 87102 474736722 Support to ABQ Regional Econ Alliance NM 501(c)(3) 509(a)(3) Albuquerque Regional Economic Alliance true false false false false false false false false false false false false false true true false true false false Albuquerque Forward Fund q 2260 FMV