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Nonprofit · EIN 74-2835828

NORTHERN NEW MEXICO COLLEGE FOUNDATION

Tax-exempt · ESPANOLA, NM 87532

Financials

$5.4M$463K2022$1.1M$281K2023$2.1M$685K2024
Revenue Expenses · by fiscal year end
Financials of NORTHERN NEW MEXICO COLLEGE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,079,740$684,926$1,394,814$12,301,779$473,133$11,828,646
June 30, 2024990$1,096,534$281,423$815,111$10,722,377$288,545$10,433,832
June 30, 2023990$5,439,336$463,357$4,975,979$9,926,404$307,683$9,618,721
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,106,835
of which government grants
$500,000
Program service revenue
$0
Investment income
$972,905
Other revenue
$0

Expenses

Grants and similar amounts paid
$192,447
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$684,926

Balance sheet and other

Total assets, start of year
$10,722,377
Total assets, end of year
$12,301,779
Total liabilities, end of year
$473,133
Net assets, end of year
$11,828,646
Publicly traded securities
$11,260,565
Net assets without donor restrictions
-$411,572
Net assets with donor restrictions
$12,240,218
Gross receipts
$2,079,740
Employees
0
Volunteers
4
Year formed
1997
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 / weekCompensationFrom related orgsOther / benefits
HECTOR BALDERASEX-OFFICIO
Trustee or director, Officer
2$0$181,849$28,493
THERESA STOREYCFO
Officer
2$0$119,667$0
ALFRED HERRERAPRESIDENT
Trustee or director, Officer
2$0$0$0
TANIA SANCHEZVPSECTREASURER
Trustee or director, Officer
2$0$0$0
JAMES OWENBOARD MEMBER
Trustee or director
2$0$0$0
LEO VALDEZBOARD MEMBER
Trustee or director
2$0$0$0
DOLORES GURULESTUDENT BOARD MEMBER
Trustee or director
2$0$0$0
990 for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensationFrom related orgs
HECTOR BALDERASEX-OFFICIO
Trustee or director, Officer
2$0$232,500
THERESA STOREYCFO
Officer
2$0$139,920
ALFRED HERRERAPRESIDENT
Trustee or director, Officer
2$0$0
JAMES OWENMEMBER
Trustee or director
2$0$0
TANIA SANCHEZVP/SEC/TREAS
Trustee or director, Officer
2$0$0
LEO VALDEZMEMBER
Trustee or director
2$0$0
990 for the year ended June 30, 2023: 7 people
NameTitleHours / weekCompensationFrom related orgs
HECTOR BALDERASEX-OFFICIO
Trustee or director, Officer
2$0$223,068
DENISE MONTOYAEX-OFFICIO
Trustee or director, Officer
2$0$144,178
THERESA STOREYCFO
Officer
2$0$115,006
ALFRED HERRERAPRESIDENT
Trustee or director, Officer
5$0$0
JAMES OWENMEMBER
Trustee or director
2$0$0
TANIA SANCHEZVP/SEC/TREAS
Trustee or director, Officer
2$0$0
LEO VALDEZMEMBER
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
921 N PASEO DE ONATE, ESPANOLA, NM 87532-2649
In care of
% THERESA STOREY
Principal officer (990 for 2024)
ALFRED HERRERA, 921 N PASEO DE ONATE, ESPANOLA, NM 87532
Signed the 990
THERESA STOREY, CFO
Phone
(505) 747-5050
Website
NNMC.EDU
Return prepared by
TKM LLC

Mission

INCREASE, MANAGE, AND DISTRIBUTE RESOURCES FOR THE BENEFIT OF THE STUDENTS, THE COLLEGE, AND THE COMMUNITY

990 for the year ended June 30, 2025

Program accomplishments

  • INCREASE, MANAGE, AND DISTRIBUTE RESOURCES FOR THE BENEFIT OF THE STUDENTS, THE COLLEGE, AND THE COMMUNITY
    Expenses $684,926 · grants $192,447

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
74-2835828
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Organization supporting a government college or university
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1997
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82Z)
Assets (IRS master file)
$12,301,779
Income (IRS master file)
$2,079,740

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,079,740$684,926$12,301,779XML
990June 2024$1,096,534$281,423$10,722,377XML
990June 2023$5,439,336$463,357$9,926,404XML
990June 2022$257,566$335,133$4,887,199IRS
990June 2021$864,071$269,382$5,756,776IRS
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 74-2835828).

Questions about NORTHERN NEW MEXICO COLLEGE FOUNDATION

What is the EIN of NORTHERN NEW MEXICO COLLEGE FOUNDATION?
The employer identification number (EIN) of NORTHERN NEW MEXICO COLLEGE FOUNDATION is 74-2835828.
Is NORTHERN NEW MEXICO COLLEGE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to NORTHERN NEW MEXICO COLLEGE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NORTHERN NEW MEXICO COLLEGE FOUNDATION 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 NORTHERN NEW MEXICO COLLEGE FOUNDATION 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 NORTHERN NEW MEXICO COLLEGE FOUNDATION 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 NORTHERN NEW MEXICO COLLEGE FOUNDATION?
The 990 for the year ended June 30, 2025 names ALFRED HERRERA.
Who are the officers and directors of NORTHERN NEW MEXICO COLLEGE FOUNDATION?
The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does NORTHERN NEW MEXICO COLLEGE FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,079,740, expenses of $684,926 and total assets of $12,301,779 at year end.

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