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Nonprofit · EIN 20-1798654

NEW MEXICO COMMUNITY CAPITAL

Tax-exempt · ALBUQUERQUE, NM 87102

Financials

$4.2M$3.7M2023$5M$2.9M2024$3M$4.6M2025
Revenue Expenses · by fiscal year end
Financials of NEW MEXICO COMMUNITY CAPITAL by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$2,963,232$4,592,896-$1,629,664$6,711,567$2,988,971$3,722,596
December 31, 2024990$5,016,933$2,945,328$2,071,605$9,797,355$4,314,441$5,482,914
December 31, 2023990$4,164,763$3,729,640$435,123$11,653,210$8,246,463$3,406,747
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$2,815,372
of which government grants
$250,000
Program service revenue
$280,404
Investment income
-$169,493
Net rental income
$26,992
Net gain from sales of assets
-$505,417
Net income from sales of inventory
$7,972
Other revenue
$36,949

Expenses

Grants and similar amounts paid
$2,111,009
Compensation of officers, directors and key employees
$215,433
Other salaries and wages
$574,356
Salaries, compensation and benefits (total)
$892,346
Professional fundraising fees
$0
Legal fees
$2,701
Accounting fees
$93,136
Occupancy
$151,753
Travel
$93,119
Depreciation
$256,900
Program services (functional)
$3,507,541
Management and general (functional)
$760,766
Fundraising (functional)
$324,589

Balance sheet and other

Total assets, start of year
$9,797,355
Total assets, end of year
$6,711,567
Total liabilities, end of year
$2,988,971
Net assets, end of year
$3,722,596
Land, buildings and equipment
$967,744
Net assets without donor restrictions
$2,021,066
Net assets with donor restrictions
$1,701,530
Gross receipts
$3,468,649
Employees
10
Volunteers
7
Year formed
2004
State of legal domicile
NM

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, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ELIZABETH GAMBOAEXECUTIVE/FUND MANAGING DIRECTOR
Officer
40$150,608$32,537
CJ MOYADIRECTOR OF FINANCE
Highest-paid employee
40$114,561$25,283
HENRY JAKE FOREMANPROGRAM DIRECTOR
Highest-paid employee
40$104,071$19,959
THAD PORCHCFO
Officer
5$32,288$0
DAVE CASTILLOSECRETARY
Trustee or director, Officer
1$0$0
TRICIA WANGDIRECTOR
Trustee or director
1$0$0
MARTHA KINGDIRECTOR
Trustee or director
1$0$0
GARRY MCBERRYHILLDIRECTOR
Trustee or director
1$0$0
JUAQUIN MOYADIRECTOR
Trustee or director
1$0$0
GRACE PEREZDIRECTOR
Trustee or director
1$0$0
MARK GRAHAMDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2024: 10 people
NameTitleHours / weekCompensationOther / benefits
ELIZABETH GAMBOAEXECUTIVE/FUND MANAGING DIRECTOR
Officer
40$144,438$33,764
CJ MOYADIRECTOR OF FINANCE
Highest-paid employee
40$112,540$24,470
HENRY JAKE FOREMANPROGRAM DIRECTOR
Highest-paid employee
40$102,004$20,037
THAD PORCHCFO
Officer
5$32,288$0
DAVE CASTILLOSECRETARY
Trustee or director, Officer
2$0$0
LONI BERNALLY-HOLYANDIRECTOR
Trustee or director
2$0$0
MARTHA KINGDIRECTOR
Trustee or director
2$0$0
GARRY MCBERRYHILLDIRECTOR
Trustee or director
2$0$0
JUAQUIN MOYADIRECTOR
Trustee or director
2$0$0
GRACE PEREZDIRECTOR
Trustee or director
2$0$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensationOther / benefits
ELIZABETH GAMBOAEXECUTIVE/FUND MANAGING DIRECTOR
Officer
40$122,185$29,698
THAD PORCHCFO
Officer
5$32,306$0
RICHARD SCHNEIDERCHAIR (THROUGH MARCH 2024)
Trustee or director, Officer
2$0$0
GAYLE WATSONVICE CHAIR
Trustee or director, Officer
2$0$0
DAVE CASTILLOSECRETARY
Trustee or director, Officer
2$0$0
SEAN MCCABETREASURER
Trustee or director, Officer
2$0$0
LONI BERNALLY-HOLYANDIRECTOR
Trustee or director
2$0$0
MARTHA KINGDIRECTOR
Trustee or director
2$0$0
GARRY MCBERRYHILLDIRECTOR
Trustee or director
2$0$0
JUAQUIN MOYADIRECTOR
Trustee or director
2$0$0
GRACE PEREZDIRECTOR
Trustee or director
2$0$0
KIP RITCHIEDIRECTOR
Trustee or director
2$0$0
JOANNIE SUINADIRECTOR (THROUGH MARCH 2024)
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
301 GOLD AVE SW STE 102, ALBUQUERQUE, NM 87102-3242
In care of
% JARRATT APPLEWHITE
Principal officer (990 for 2025)
LIZ GAMBOA, 301 GOLD AVE SW 102, ALBUQUERQUE, NM 87102
Signed the 990
LIZ GAMBOA, EXECUTIVE/FUND MANAGING DIRECT
Phone
(505) 924-2820
Return prepared by
BAKER TILLY ADVISORY GROUP LP

Mission

NEW MEXICO COMMUNITY CAPITAL'S MISSION IS TO GIVE RISE TO A MORE EQUITABLE FUTURE BY PROVIDING CULTURALLY APPROPRIATE TOOLS FOR SUCCESS TO EMERGING NATIVE AMERICAN OWNED BUSINESSES, NATIVE FAMILIES, AND TRIBAL ENTERPRISES. WE PROVIDE CLASSES AND PROGRAMS THAT ARE TAUGHT USING SUPPORTIVE MENTORSHIP, PEER LEARNING, AND CULTURALLY RELEVANT CURRICULUM. WE SUPPORT TRIBAL AGENCIES AND ORGANIZATIONS WITH SPECIALIZED TECHNICAL ASSISTANCE AND BUSINESS SERVICES.

990 for the year ended December 31, 2025

Program accomplishments

  • BUSINESS AND MARKETING ESSENTIALS (BME), (FUNDED BY EQUALITY CAN'T WAIT (ECW) AND WELLS FARGO) - BUSINESS SERVICES - PROVIDING MANAGEMENT RESOURCES TO QUALIFYING BUSINESS, PARTICULARLY IN UNDER-INVESTED AREAS.
    Expenses $3,091,785 · grants $1,979,875 · revenue $116,577
  • INDIGIDAO (FUNDED BY ROBERT WOOD JOHNSON FOUNDATION) PROPOSES TO ASSESS HOW OR IF WEB 3.0 TOOLS (INCLUDING DAO+, BLOCKCHAIN, ETC) CAN BE USED TO ADVANCE INDIGENOUS CORE VALUES LIKE COLLABORATION, RECIPROCITY, SHARED OWNERSHIP, AND NOURISHMENT-BASED EXCHANGE, WITHOUT EXPLOITING THE COMMUNITIES AND INDIVIDUALS INVOLVED. OUR AIMS IN THE SHORT TERM ARE TO SUPPORT NATIVE AMERICAN ENTREPRENEURS AND TO COUNTER THE POTENTIALLY EXTRACTIVE NATURE OF THESE EMERGING TOOLS, THROUGH A CO-DESIGNED FUND AMONG A REPRESENTATIVE COMMUNITY THAT PROVIDES ACCESS TO WORKING CAPITAL AND OTHER VALUES IN A SAFE AND REINFORCING ENVIRONMENT. IN TIME WE HOPE THIS INITIATIVE CONTRIBUTES TO AND/OR INFORMS A SHIFT IN THE NATURE OF ECONOMICS IN OUR COMMUNITIES AND BEYOND.
    Expenses $22,607
  • COMMUNITY LENDING (FUNDED BY ROOTED RELATIVE FUND (RCAC) AND NUSENDA CREDIT UNION) - NMCC ACTS AS THE BRIDGE BETWEEN COMMUNITY AND NONTRADITIONAL LENDERS. THROUGH THESE PROGRAMS NMCC PROVIDES TA SUPPORT TO ENSURE THAT COMMUNITY MEMBERS ARE QUALIFIED TO RECEIVE LOANS AND TO ENSURE THEY ARE ABLE TO MEET THERE LOAN COMMITMENTS.
    Expenses $35,971 · grants $1,230
  • FISCAL SERVICES - FISCAL SPONSORSHIP SERVICES ARE PROVIDED TO COMPANIES IN THE COMMUNITY WHO HAVE A NONPROFIT MISSION, MANY OF WHICH ARE IN THE PROCESS OF GETTING THEIR OWN 501(C)3 STATUS. THIS PROGRAM IS FINANCED THROUGH A PERCENTAGE OF THE GRANTS SPONSOREES RECEIVE.
    Expenses $357,178 · grants $129,904 · revenue $171,799

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-1798654
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2005
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$6,711,567
Income (IRS master file)
$3,468,649

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025–––IRS
990December 2024–––IRS
990December 2023$4,164,763$3,729,640$11,653,210IRS
990December 2022$5,157,855$3,530,875$13,279,513IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about NEW MEXICO COMMUNITY CAPITAL

What is the EIN of NEW MEXICO COMMUNITY CAPITAL?
The employer identification number (EIN) of NEW MEXICO COMMUNITY CAPITAL is 20-1798654.
Is NEW MEXICO COMMUNITY CAPITAL tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to NEW MEXICO COMMUNITY CAPITAL tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEW MEXICO COMMUNITY CAPITAL 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 NEW MEXICO COMMUNITY CAPITAL due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NEW MEXICO COMMUNITY CAPITAL last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of NEW MEXICO COMMUNITY CAPITAL?
The 990 for the year ended December 31, 2025 names LIZ GAMBOA.
Who are the officers and directors of NEW MEXICO COMMUNITY CAPITAL?
The 990 for the year ended December 31, 2025 lists 11 people; 4 received compensation from the organization, the highest $150,608 (ELIZABETH GAMBOA, EXECUTIVE/FUND MANAGING DIRECTOR).
How much revenue does NEW MEXICO COMMUNITY CAPITAL have?
On its 990 for the year ended December 31, 2025 it reported revenue of $2,963,232, expenses of $4,592,896 and total assets of $6,711,567 at year end.

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