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Nonprofit · EIN 42-1596718

NEW MEXICO HOUSING & COMMUNITY DEVELOPMENT CORP

Tax-exempt (reinstated) · T OR C, NM 87901

Financials

$1.5M$1.2M2022$1.5M$1.2M2023$1.2M$981K2024
Revenue Expenses · by fiscal year end
Financials of NEW MEXICO HOUSING & COMMUNITY DEVELOPMENT CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,189,528$980,961$208,567$4,881,916$1,336,127$3,545,789
June 30, 2024990$1,540,288$1,228,158$312,130$6,396,666$1,696,373$4,700,293
June 30, 2023990$1,489,691$1,190,827$298,864$5,743,465$1,395,989$4,347,476
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$557,664
of which government grants
$557,664
Program service revenue
$566,090
Investment income
$4,928
Other revenue
$60,846

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$183,775
Salaries, compensation and benefits (total)
$225,576
Professional fundraising fees
$0
Legal fees
$1,719
Accounting fees
$15,750
Occupancy
$168,360
Travel
$7,956
Program services (functional)
$843,870
Management and general (functional)
$137,091

Balance sheet and other

Total assets, start of year
$6,396,666
Total assets, end of year
$4,881,916
Total liabilities, end of year
$1,336,127
Net assets, end of year
$3,545,789
Land, buildings and equipment
$3,526,954
Gross receipts
$1,189,528
Employees
0
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Greg D'AmourCHAIRMAN
Trustee or director
0$0
Lee Ann TooleyDIRECTOR
Trustee or director
0$0
EARL GREERDIRECTOR
Trustee or director
0$0
DANIEL MENADIRECTOR
Trustee or director
0$0
990 for the year ended June 30, 2024: 4 people
NameTitleHours / weekCompensation
Greg D'AmourCHAIRMAN
Trustee or director
0$0
Lee Ann TooleyDIRECTOR
Trustee or director
0$0
EARL GREERDIRECTOR
Trustee or director
0$0
DANIEL MENADIRECTOR
Trustee or director
0$0
990 for the year ended June 30, 2023: 4 people
NameTitleHours / weekCompensation
Greg D'AmourCHAIRMAN
Trustee or director
0$0
Lee Ann TooleyDIRECTOR
Trustee or director
0$0
EARL GREERDIRECTOR
Trustee or director
0$0
DANIEL MENADIRECTOR
Trustee or director
0$0

Address and contacts

Address (IRS master file)
113 E 1ST AVE, T OR C, NM 87901-2847
In care of
% STEVEN RICE
Principal officer (990 for 2024)
Steven Rice, 113 E 1st Ave, TRUTH OR CONSEQUENCES, NM 87901
Signed the 990
Steven Rice, President CEO
Phone
(575) 894-2244
Return prepared by
STONE MCGEE & CO CPA'S

Mission

THE NEW MEXICO HOUSING AND COMMUNITY DEVELOPMENT CORPORATION IS SUCCESSFULLY PROMOTING THE AVAILABILITY AND QUALITY OF AFFORDABLE HOUSING FOR MODERATE AND LOW INCOME FAMILIES THROUGHOUT NEW MEXICO THROUGH THE MEANS OF PROPERTY REHABILITATION AND PROFESSIONAL MANAGEMENT.

990 for the year ended June 30, 2025

Program accomplishments

  • THE HELP I AND HELP II PROGRAMS PROVIDE AFFORDABLE HOUSING TO ELDERLY AND/OR DISABLED FAMILIES THROUGHOUT NEW MEXICO. THE PROGRAM HAD THE PROGRAM HAD COMPLETE RENOVATION OF THE COMMUNITY ROOM, LAUNDRY FACILITIES, AND LANDSCAPE.
    Expenses $980,961 · revenue $1,189,528

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
42-1596718
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
2017
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,881,916
Income (IRS master file)
$1,189,528

Revocation and reinstatement

Exemption revoked
November 15, 2016
Posted by the IRS
March 13, 2017
Reinstated
Effective November 15, 2016

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,189,528$980,961$4,881,916IRS
990June 2024$1,540,288$1,228,158$6,396,666XML
990June 2023$1,489,691$1,190,827$5,743,465XML
990June 2022$1,136,011$1,145,338$5,498,715IRS
990June 2021–––IRS
990June 2019–––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 42-1596718).

Questions about NEW MEXICO HOUSING & COMMUNITY DEVELOPMENT CORP

What is the EIN of NEW MEXICO HOUSING & COMMUNITY DEVELOPMENT CORP?
The employer identification number (EIN) of NEW MEXICO HOUSING & COMMUNITY DEVELOPMENT CORP is 42-1596718.
Is NEW MEXICO HOUSING & COMMUNITY DEVELOPMENT CORP tax-exempt?
Yes. The IRS revoked its exemption on November 15, 2016 and reinstated it effective November 15, 2016.
Are donations to NEW MEXICO HOUSING & COMMUNITY DEVELOPMENT CORP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEW MEXICO HOUSING & COMMUNITY DEVELOPMENT CORP 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 HOUSING & COMMUNITY DEVELOPMENT CORP due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NEW MEXICO HOUSING & COMMUNITY DEVELOPMENT CORP last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of NEW MEXICO HOUSING & COMMUNITY DEVELOPMENT CORP?
The 990 for the year ended June 30, 2025 names Steven Rice.
Who are the officers and directors of NEW MEXICO HOUSING & COMMUNITY DEVELOPMENT CORP?
The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does NEW MEXICO HOUSING & COMMUNITY DEVELOPMENT CORP have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,189,528, expenses of $980,961 and total assets of $4,881,916 at year end.

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