Nonprofit · EIN 74-2805791
REGIONAL DEVELOPMENT CORPORATION
Tax-exempt · SANTA FE, NM 87501
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,290,803 | $1,508,657 | -$217,854 | $1,160,763 | $182,960 | $977,803 |
| June 30, 2024 | 990 | $1,149,014 | $1,326,211 | -$177,197 | $1,311,537 | $115,880 | $1,195,657 |
| June 30, 2023 | 990 | $1,065,040 | $1,082,411 | -$17,371 | $1,550,296 | $177,442 | $1,372,854 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,271,523
- of which government grants
- $281,642
- Program service revenue
- $0
- Investment income
- $19,280
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $566,959
- Compensation of officers, directors and key employees
- $131,693
- Other salaries and wages
- $368,353
- Salaries, compensation and benefits (total)
- $547,550
- Professional fundraising fees
- $0
- Occupancy
- $29,742
- Travel
- $27,626
- Depreciation
- $4,449
- Program services (functional)
- $1,316,225
- Management and general (functional)
- $192,432
Balance sheet and other
- Total assets, start of year
- $1,311,537
- Total assets, end of year
- $1,160,763
- Total liabilities, end of year
- $182,960
- Net assets, end of year
- $977,803
- Land, buildings and equipment
- $9,760
- Net assets without donor restrictions
- $501,965
- Net assets with donor restrictions
- $475,838
- Gross receipts
- $1,290,803
- Employees
- 10
- Year formed
- 1996
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PATRICK VANDERPOOL | EXECUTIVE DI Officer | 40 | $114,400 | $17,293 |
| JENNIFER JENKINS | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| KRISTIN HENDERSON | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JACK JEKOWSKI | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| EVERETT TRUJILLO | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| LINDA MCLELLAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CEDRIC PAGE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ELMER SALAZAR | DIRECTOR Trustee or director | 2 | $0 | $0 |
| REBECCA WURZBURGER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| PHOEBE K SUINA | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PATRICK VANDERPOOL | EXECUTIVE DI Officer | 40 | $61,240 |
| JENNIFER JENKINS | CHAIR Trustee or director, Officer | 2 | $0 |
| KRISTIN HENDERSON | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| JACK JEKOWSKI | SECRETARY Trustee or director, Officer | 2 | $0 |
| EVERETT TRUJILLO | TREASURER Trustee or director, Officer | 2 | $0 |
| LINDA MCLELLAN | DIRECTOR Trustee or director | 2 | $0 |
| CEDRIC PAGE | DIRECTOR Trustee or director | 2 | $0 |
| ELMER SALAZAR | DIRECTOR Trustee or director | 2 | $0 |
| REBECCA WURZBURGER | DIRECTOR Trustee or director | 2 | $0 |
| PHOEBE K SUINA | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2023: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| VALENTINE ALONZO | FRMR. EXEC. Officer | 40 | $133,573 | $18,249 |
| JENNIFER JENKINS | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| KRISTIN HENDERSON | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JACK JEKOWSKI | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| EVERETT TRUJILLO | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| LINDA MCLELLAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CEDRIC PAGE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ELMER SALAZAR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| REBECCA WURZBURGER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KELLY BEIERSCHMITT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PHOEBE K SUINA | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 441 GREG AVE, SANTA FE, NM 87501-1663
- Principal officer (990 for 2024)
- PATRICK VANDERPOOL, 441 GREG AVE BOX 2, SANTA FE, NM 87501
- Signed the 990
- JENNIFER JENKINS, CHAIR
- Phone
- (505) 820-1226
- Website
- WWW.RDCNM.ORG
- Return prepared by
- SJT GROUP LLC
Mission
THE REGIONAL DEVELOPMENT CORPORATION (RDC) IS A PRIVATE NON-PROFIT 501(C) (3) ORGANIZATION DEDICATED TO IMPROVING ECONOMIC DEVELOPMENT IN NORTHERN NEW MEXICO. RDC PROVIDES PRIVATE INVESTMENT OPPORTUNITIES AND TECHNICAL ASSISTANCE TO FACILITATE JOB GROWTH AND DIVERSIFY THE ECONOMIES OF COMMUNITIES IN THE FOLLOWING SEVEN COUNTIES: LOS ALAMOS, MORA, RIO ARRIBA, SANDOVAL, SAN MIGUEL, SANTA FE, TAOS, AND THE MUNICIPALITIES AND NATIVE AMERICAN PUEBLOS THEREIN.
Program accomplishments
- REGIONAL DEVELOPMENT CORPORATION INITIATIVES INCLUDE BUSINESS RETENTION & EXPANSION WHICH PROVIDES ONE-ON-ONE TECHNICAL ASSISTANCE SERVICES TO CURRENT AND FUTURE BUSINESS OWNERS FREE OF CHARGE. THIS INITIATIVE INCLUDES FUNDING OPPORTUNITIES TO HELP DIVERSIFY THE LOCAL ECONOMIES IN NORTHERN NEW MEXICO OUTSIDE OF LOS ALAMOS NATIONAL LABORATORY INTERESTS. OTHER INITIATIVES INCLUDE THE WORKFORCE AND ACADEMIC NETWORK PILOT PROJECT TO CONVENE INDUSTRY AND ACADEMIC STATEKHOLDERS IN ORDER TO HELP JOB SEEKERS AND STUDENTS MORE EASILY ACCESS TRAINING AND EDUCATION FOR THE CONSTRUCTION INDUSTRY IN NORTHERN NEW MEXICO AND THE HIGHER EDUCATION WORKFORCE PROJECT WHICH IS A PARTNERSHIP BETWEEN RDC AND NORTHERN NEW MEXICO HIGHER EDUCATION INSTITUTIONS TO IDENTIFY TRAINING NEEDS AND DEVELOP A WELL-EDUCATED WORKFORCE IN THE REGION. THESE INITIATIVES ARE LARGELY FUNDED BY TRIAD NATIONAL SECURITY, LLC (TRIAD), THE COMPANY THAT MANAGES LOS ALAMOS NATIONAL LABORATORY. RDC'S INITIATIVES CONTINUED TO STIMULATE ECONOMIC DIVERSIFICATION AND DEVELOPMENT IN NORTHERN NEW MEXICO THROUGH CREATION OF NEW JOBS, LESSENING THE IMPACT OF REDUCTIONS AT LOS ALAMOS NATIONAL LABS.Expenses $1,316,225 · grants $566,959
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 74-2805791
- 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
- 1998
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S80)
- Assets (IRS master file)
- $1,160,763
- Income (IRS master file)
- $1,290,803
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,290,803 | $1,508,657 | $1,160,763 | IRS |
| 990 | June 2024 | $1,149,014 | $1,326,211 | $1,311,537 | XML |
| 990 | June 2023 | $1,065,040 | $1,082,411 | $1,550,296 | XML |
| 990 | June 2022 | $1,038,194 | $866,402 | $1,502,973 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 74-2805791).
Questions about REGIONAL DEVELOPMENT CORPORATION
- What is the EIN of REGIONAL DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of REGIONAL DEVELOPMENT CORPORATION is 74-2805791.
- Is REGIONAL DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to REGIONAL DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does REGIONAL DEVELOPMENT CORPORATION 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 REGIONAL DEVELOPMENT CORPORATION 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 REGIONAL DEVELOPMENT CORPORATION 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 REGIONAL DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 names PATRICK VANDERPOOL.
- Who are the officers and directors of REGIONAL DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 lists 10 people; 1 received compensation from the organization, the highest $114,400 (PATRICK VANDERPOOL, EXECUTIVE DI).
- How much revenue does REGIONAL DEVELOPMENT CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,290,803, expenses of $1,508,657 and total assets of $1,160,763 at year end.
Other nonprofits in SANTA FE
- SANTA FE RAILYARD COMMUNITY EIN 85-0470705 · last filed 990 for 2025
- SANTA FE BUSINESS INCUBATOR INC EIN 85-0431271 · last filed 990 for 2025
- NORTHERN NEW MEXICO AIR ALLIANCE EIN 81-5143045 · last filed 990 for 2024
- SANTA FE CHAPTER AMERICAN INSTITUTE OF ARCHITECTS EIN 85-0470332 · last filed 990-EZ for 2025
- SANTA FE GALLERY ASSOCIATION EIN 85-0446430 · last filed 990-EZ for 2025
- IMAGINE NEW MEXICO EIN 99-1547472 · last filed 990-EZ for 2025
- PARTNERSHIP FOR RESPONSIBLE BUSINESS EIN 27-3975486 · last filed 990-EZ for 2025
- COUFFO COLLABORATIVE EIN 82-2084616 · last filed 990-EZ for 2024
All nonprofits in SANTA FE · New Mexico · Community improvement and capacity building