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Nonprofit · EIN 47-3340766

MIDDLE RIO GRANDE ECONOMIC DEVELOPMENT ASSOCIATION

Tax-exempt · SOCORRO, NM 87801

Financials

$65K$66K2024
Revenue Expenses · by fiscal year end
Financials of MIDDLE RIO GRANDE ECONOMIC DEVELOPMENT ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$64,590$66,452-$1,862$25,267$0$25,267
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$44,720
Membership dues
$19,870

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$41,420
Occupancy
$800
Printing, publications and postage
$500
Other expenses
$23,732
Program services (functional)
$44,720

Balance sheet and other

Total assets, start of year
$27,129
Total assets, end of year
$25,267
Total liabilities, end of year
$0
Net assets, end of year
$25,267
Cash, savings and investments
$25,267
Gross receipts
$64,590

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
HAOYING WANGCHAIRPERSON10$0
MICHAEL OLGUINVICE CHAIRPERSON10$0
GAIL ROGERS-TRIPPSECRETARY5$0
WENDI OTEROTREASURER10$0
KIM SKINNERBOARD MEMBER5$0
NICK KELLERBOARD MEMBER5$0
STEPHEN BUCKLEYBOARD MEMBER5$0
KATHY ELVERUMBOARD MEMBER5$0
WILLIAM STONEBOARD MEMBER1$0
KRISTEN GAMBOABOARD MEMBER1$0
BRUCE SWINGLEBOARD MEMBER1$0

Address and contacts

Address (IRS master file)
PO BOX 143, SOCORRO, NM 87801-0143
In care of
% WENDI OTERO
Mailing address (990-N for 2019)
PO BOX 143, Socorro NM 87801
Principal officer (990-N for 2019)
KATHY SPRING, PO BOX 143, Socorro NM 87801
Signed the 990-EZ
WENDI OTERO, TREASURER
Phone
(575) 835-8150
Return prepared by
BOOKKEEPING AND TAX SERVICE LLC

Mission

TO ENHANCE THE QUALITY OF LIFE IN MRGV

990-EZ for the year ended December 31, 2024

Program accomplishments

  • WORKING WITH EMPLOYERS AND NEW BUSINESSES IN THE AREA TO INCREASE JOBS AND ENHANCE ECONOMIC CLIMATE
    Expenses $32,725 · grants $32,725
  • USDA/LEADS GRANT TO SUPPORT COMMUNITY KITCHEN
    Expenses $11,995 · grants $11,995

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-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
47-3340766
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$25,267
Income (IRS master file)
$64,590

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024–––IRS
990-EZDecember 2023$99,067$124,358$27,129IRS
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-N for 2019
Officer: KATHY SPRING
December 31, 2019≤ $50,000 receipts––e-Postcard

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 MIDDLE RIO GRANDE ECONOMIC DEVELOPMENT ASSOCIATION

What is the EIN of MIDDLE RIO GRANDE ECONOMIC DEVELOPMENT ASSOCIATION?
The employer identification number (EIN) of MIDDLE RIO GRANDE ECONOMIC DEVELOPMENT ASSOCIATION is 47-3340766.
Is MIDDLE RIO GRANDE ECONOMIC DEVELOPMENT ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2015.
Are donations to MIDDLE RIO GRANDE ECONOMIC DEVELOPMENT ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MIDDLE RIO GRANDE ECONOMIC DEVELOPMENT ASSOCIATION 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 MIDDLE RIO GRANDE ECONOMIC DEVELOPMENT ASSOCIATION 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 MIDDLE RIO GRANDE ECONOMIC DEVELOPMENT ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of MIDDLE RIO GRANDE ECONOMIC DEVELOPMENT ASSOCIATION?
The 990-N for 2019 names KATHY SPRING.
Who are the officers and directors of MIDDLE RIO GRANDE ECONOMIC DEVELOPMENT ASSOCIATION?
The 990-EZ for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
How much revenue does MIDDLE RIO GRANDE ECONOMIC DEVELOPMENT ASSOCIATION have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $64,590, expenses of $66,452 and total assets of $25,267 at year end.

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