Nonprofit · EIN 48-1275323
ALLIANCE FOR LOCAL ECONOMIC PROSPERITY
Tax-exempt · SANTA FE, NM 87594
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $150,401 | $155,098 | -$4,697 | $93,212 | $1,671 | $91,541 |
| December 31, 2024 | 990 | $191,706 | $119,584 | $72,122 | $101,988 | $5,750 | $96,238 |
| December 31, 2023 | 990 (amended) | $108,783 | $149,114 | -$40,331 | $24,116 | $0 | $24,116 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $150,401
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $9,943
- Travel
- $617
- Program services (functional)
- $119,759
- Management and general (functional)
- $25,403
- Fundraising (functional)
- $9,936
Balance sheet and other
- Total assets, start of year
- $101,988
- Total assets, end of year
- $93,212
- Total liabilities, end of year
- $1,671
- Net assets, end of year
- $91,541
- Gross receipts
- $150,401
- Employees
- 0
- Volunteers
- 20
- Year formed
- 2013
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RAUL TURRIETA | DIRECTOR Trustee or director | 2 | $0 |
| JENNIFER KREIE | DIRECTOR Trustee or director, Officer | 2 | $0 |
| PETER SMITH | CHAIR, TREASURER Trustee or director, Officer | 2 | $0 |
| JOHN MUNOZ | SECRETARY Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RAUL TURRIETA | DIRECTOR Trustee or director, Officer | 2 | $0 |
| JENNIFER KREIE | DIRECTOR Trustee or director, Officer | 2 | $0 |
| PETER SMITH | CHAIR, TREASURER Trustee or director, Officer | 2 | $0 |
| JOHN MUNOZ | SECRETARY Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELAINE SULLIVAN | DIRECTOR Trustee or director, Officer | 2 | $0 |
| JENNIFER KREIE | TREASURER Trustee or director, Officer | 2 | $0 |
| PETER SMITH | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JOHN MUNOZ | SECRETARY Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 33132, SANTA FE, NM 87594-3132
- Mailing address (990-N for 2019)
- PO Box 421, Santa Fe NM 87504
- Principal officer (990 for 2025)
- ANGELA MERKERT, PO BOX 33132, SANTA FE, NM 87594
- Principal officer (990-N for 2019)
- Elaine Sullivan, 264 Plaza Canada, Santa Fe NM 87501
- Signed the 990
- ANGELA MERKERT, EXECUTIVE DIRECTOR
- Phone
- (505) 603-8400
- Website
- Aflep.org
- Return prepared by
- SULLIVAN FIELD & SMITH LLC
Mission
STUDY THE BENEFITS OF AND ADVOCATE FOR PUBLIC BANKING FOR NEW MEXICO.
Program accomplishments
- EXPANDED PROGRAM IN AN EXTENDED STATE NETWORK, DEEPENED FINANCIAL ANALYSIS ON A PUBLIC BANK, PROVIDED EDUCATION ON TOPICS OF COMMUNITY WEALTH BUILDING AND PUBLIC BANKING.Expenses $94,759 · revenue $125,401
- THE LAS VEGAS AREA COMMUNITY WEALTH BUILDING PROJECT IS A GRASSROOTS, REGENERATIVE ECONOMIC MODEL ADAPTED BY AFLEP. AFTER A SERIES OF 5 EDUCATION PROGRAMS, IN WHICH 60 INDIVIDUALS PARTICIPATED,THE COALITION FORMALIZED WITH A 15 MEMBER STEERING COMMITTEE AND THREE ACTION COMMITTEES. A COMMUNITY SURVEY WAS DISTRIBUTED DURING THE SUMMER THAT YIELDED 137 RESPONSES. SURVEY RESULTS WERE REPORTED TO SAN MIGUEL COUNTY COMMISSIONERS AND THE LAS VEGAS CITY COUNCIL. BYLAWS, MISSION AND GOALS WERE DEVELOPED. CWB HAS ENERGIZED ECONOMIC DEVELOPMENT IN THE AREA.Expenses $25,000 · revenue $25,000
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 48-1275323
- 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
- 2003
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A60)
- Assets (IRS master file)
- $93,212
- Income (IRS master file)
- $150,401
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $150,401 | $155,098 | $93,212 | XML |
| 990 | December 2024 | $191,706 | $119,584 | $101,988 | XML |
| 990 | December 2023 | $108,783 | $149,114 | $24,116 | XML |
| 990 | December 2022 | $137,280 | $145,605 | $64,446 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-N for 2019 Officer: Elaine Sullivan | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
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 48-1275323).
Questions about ALLIANCE FOR LOCAL ECONOMIC PROSPERITY
- What is the EIN of ALLIANCE FOR LOCAL ECONOMIC PROSPERITY?
- The employer identification number (EIN) of ALLIANCE FOR LOCAL ECONOMIC PROSPERITY is 48-1275323.
- Is ALLIANCE FOR LOCAL ECONOMIC PROSPERITY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to ALLIANCE FOR LOCAL ECONOMIC PROSPERITY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ALLIANCE FOR LOCAL ECONOMIC PROSPERITY 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 ALLIANCE FOR LOCAL ECONOMIC PROSPERITY 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 ALLIANCE FOR LOCAL ECONOMIC PROSPERITY 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 ALLIANCE FOR LOCAL ECONOMIC PROSPERITY?
- The 990 for the year ended December 31, 2025 names ANGELA MERKERT.
- Who are the officers and directors of ALLIANCE FOR LOCAL ECONOMIC PROSPERITY?
- The 990 for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does ALLIANCE FOR LOCAL ECONOMIC PROSPERITY have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $150,401, expenses of $155,098 and total assets of $93,212 at year end.
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All nonprofits in SANTA FE · New Mexico · Arts, culture and humanities