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Nonprofit · EIN 13-3249351

FRIENDS OF MEXICAN DEVELOPMENT FOUNDATION

Tax-exempt · MONTCLAIR, NJ 07043

Financials

$793K$477K2023$862K$788K2024
Revenue Expenses · by fiscal year end
Financials of FRIENDS OF MEXICAN DEVELOPMENT FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$862,408$787,582$74,826$589,984$13,512$576,472
December 31, 2023990$793,319$477,299$316,020$506,821$5,000$501,821
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$830,256
Program service revenue
$0
Investment income
$32,152
Other revenue
$0

Expenses

Grants and similar amounts paid
$755,596
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$5,000
Program services (functional)
$755,596
Management and general (functional)
$31,986

Balance sheet and other

Total assets, start of year
$506,821
Total assets, end of year
$589,984
Total liabilities, end of year
$13,512
Net assets, end of year
$576,472
Net assets without donor restrictions
$21,646
Net assets with donor restrictions
$554,826
Gross receipts
$862,408
Employees
0
Volunteers
6
Year formed
1984
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MIGUEL ALEMAN VELASCOCHAIRMAN & PRESIDENT
Trustee or director, Officer
1$0
CLAUDIA ALEMAN MAGNANIVP & TREASURER
Trustee or director, Officer
1$0
SAM MEACHAMDIRECTOR
Trustee or director
1$0
DAME JILL SACKLERDIRECTOR
Trustee or director
1$0
ANN BROWNELL SLOANESECRETARY
Trustee or director, Officer
1$0
DOMINIQUE RISSOLODIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
MIGUEL ALEMAN VELASCOCHAIRMAN & PRESIDENT
Trustee or director, Officer
1$0
CLAUDIA ALEMAN MAGNANIVP & TREASURER
Trustee or director, Officer
1$0
SAM MEACHAMDIRECTOR
Trustee or director
1$0
DAME JILL SACKLERDIRECTOR
Trustee or director
1$0
ANN BROWNELL SLOANESECRETARY
Trustee or director, Officer
1$0
DOMINIQUE RISSOLODIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 43019, MONTCLAIR, NJ 07043-0019
Principal officer (990 for 2024)
MIGUEL ALEMAN VELASCO, PO BOX 43019, MONTCLAIR, NJ 07043
Signed the 990
ANN BROWNELL SLOANE, SECRETARY
Phone
(973) 509-9509
Return prepared by
Owen J Flanagan & Co

Mission

TO PROVIDE SUPPORT IN MEXICO TO DEVELOPMENT PROGRAMS INITIATED BY MEXICANS IN THE FIELDS OF HEALTH, THE HUMANITIES, EDUCATION, TOURISM, RURAL DEVELOPMENT, DISASTER RELIEF, AND SUSTAINABLE DEVELOPMENT.

990 for the year ended December 31, 2024

Program accomplishments

  • GRANTS TO SUPPORT PROJECTS OF EL CENTRO INVESTIGADOR DE SISTEMA ACUIFERO DE QUINTANA ROO (CINDAQ) IN MEXICO INCLUDING THE OX BEL HA CAVE SYSTEM EXPLORATION PROJECT, SIAN KA'AN BIOSPHERE RESERVE EXPLORATION PROJECT, KANTENAH EXPLORATION PROJECT, KANTUNULKIN EXPLORATION PROJECT AND THE HOYO NEGRO PALEOINDIAN SITE.
    Expenses $730,000 · grants $730,000
  • AMIGOS DE SIAN KA'AN-IS A PROJECT FUND THAT STRIVES TO PRESERVE THE NATURAL RESOURCES OF QUINTANA ROO, A STATE IN MEXICO, BY MANAGING THE QUINTANA ROO BIOSPHERE AND WORKING ALONGSIDE LOCAL INDUSTRIES TO CONSERVE BIODIVERSITY AND MAINTAIN ECOLOGICAL PROCESSES.
    Expenses $20,596 · grants $20,596
  • Fundacion para la Salud y la Educacin Dr. Salvador Zubirn (FUNSAED) for expanding the hospital Instituto Nacional de Ciencias Mdicas y Nutricin Salvador Zubirn, COVID-19 relief and medical research.
    Expenses $5,000 · grants $5,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
13-3249351
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1985
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$589,984
Income (IRS master file)
$862,408

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$862,408$787,582$589,984XML
990December 2023$793,319$477,299$506,821XML
990December 2022$774,829$702,731$185,801IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-3249351).

Questions about FRIENDS OF MEXICAN DEVELOPMENT FOUNDATION

What is the EIN of FRIENDS OF MEXICAN DEVELOPMENT FOUNDATION?
The employer identification number (EIN) of FRIENDS OF MEXICAN DEVELOPMENT FOUNDATION is 13-3249351.
Is FRIENDS OF MEXICAN DEVELOPMENT FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
Are donations to FRIENDS OF MEXICAN DEVELOPMENT FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FRIENDS OF MEXICAN DEVELOPMENT FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FRIENDS OF MEXICAN DEVELOPMENT FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FRIENDS OF MEXICAN DEVELOPMENT FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of FRIENDS OF MEXICAN DEVELOPMENT FOUNDATION?
The 990 for the year ended December 31, 2024 names MIGUEL ALEMAN VELASCO.
Who are the officers and directors of FRIENDS OF MEXICAN DEVELOPMENT FOUNDATION?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does FRIENDS OF MEXICAN DEVELOPMENT FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $862,408, expenses of $787,582 and total assets of $589,984 at year end.

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