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Nonprofit · EIN 84-2644992

CITY OF ALBUQUERQUE FOUNDATION

Tax-exempt · ALBUQUERQUE, NM 87125

Financials

$2.3M$2.5M2023$1.3M$915K2024
Revenue Expenses · by fiscal year end
Financials of CITY OF ALBUQUERQUE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,252,002$915,491$336,511$1,019,559$0$1,019,559
December 31, 2023990$2,289,510$2,472,948-$183,438$683,048$0$683,048
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,292,723
Program service revenue
$0
Investment income
$19,578
Net income from fundraising events
-$60,299
Other revenue
-$60,299

Expenses

Grants and similar amounts paid
$635,824
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Occupancy
$26,621
Travel
$5,163
Program services (functional)
$746,324
Management and general (functional)
$168,565
Fundraising (functional)
$602

Balance sheet and other

Total assets, start of year
$683,048
Total assets, end of year
$1,019,559
Total liabilities, end of year
$0
Net assets, end of year
$1,019,559
Publicly traded securities
$4,841
Net assets without donor restrictions
$1,019,559
Gross receipts
$1,312,301
Employees
0
Year formed
2019
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, 2024, highest compensation first.

NameTitleHours / weekCompensation
HAKIM BELLAMYPRESIDENT
Trustee or director, Officer
1$0
HOLLY ARMSTRONGSECRETARY
Trustee or director, Officer
1$0
MARTHA HARGROVEBOARD MEMBER
Trustee or director
1$0
ERIN MUFFOLETTOBOARD MEMBER
Trustee or director
1$0
SHERRICK ROANHORSEBOARD MEMBER
Trustee or director
1$0
MIKE SILVABOARD MEMBER
Trustee or director
1$0
ADRIENNE KOPLIKEXECUTIVE DI
Officer
1$0
STEVE FITZERDEVELOPMENT
Officer
1$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
HAKIM BELLAMYPRESIDENT
Trustee or director, Officer
1$0
HOLLY ARMSTRONGSECRETARY
Trustee or director, Officer
1$0
MARTHA HARGROVEBOARD MEMBER
Trustee or director
1$0
ERIN MUFFOLETTOBOARD MEMBER
Trustee or director
1$0
SHERRICK ROANHORSEBOARD MEMBER
Trustee or director
1$0
MIKE SILVABOARD MEMBER
Trustee or director
1$0
ADRIENNE KOPLIKEXECUTIVE DI
Officer
1$0
STEVE FITZERDEVELOPMENT
Officer
1$0

Address and contacts

Address (IRS master file)
PO BOX 25125, ALBUQUERQUE, NM 87125-0125
Principal officer (990 for 2024)
HAKIM BELLAMY, PO BOX 25125, ALBUQUERQUE, NM 871255125
Signed the 990
HAKIM BELLAMY, PRESIDENT
Phone
(505) 848-1849
Return prepared by
HINKLE LANDERS PC

Mission

THE ORGANIZATION HAS BEEN ESTABLISHED FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF THE CITY OF ALBUQUERQUE. THE ORGANIZATION WILL LESSEN THE BURDENS ON CITY GOVERNMENT BY ADDRESSING CERTAIN CORE PROBLEMS TO CREATE MEANINGFUL, LASTING SOLUTIONS THAT BENEFIT ALL OF THE CITY'S RESIDENTS AND FURTHER THE PURPOSES OF THE CITY. THE ORGANIZATION WILL ATTEMPT TO BRING TOGETHER AND LEVERAGE THE RESOURCES OF LOCAL BUSINESSES, NONPROFITS, INDIVIDUALS, AND COMMUNITY ORGANIZATIONS TO SUPPLEMENT CITY EFFORTS AND MATCH CITY INVESTMENTS AS A PUBLIC-PRIVATE PARTNERSHIP. THE ORGANIZATION AIMS TO ENABLE THE CITY TO APPROACH ITS GREATEST PRIORITIES WITH DESPERATELY NEEDED SPEED AND URGENCY, AND HOPES TO ENHANCE CITY-WIDE SELF-APPRECIATION AND HOPE FOR OUR FUTURE, AND TO INSPIRE A CALL TO ACTION TO BENEFIT OUR CITY.

990 for the year ended December 31, 2024

Program accomplishments

  • OVER THE NEXT FEW YEARS, THE ONE ALBUQUERQUE FUND AIMS TO FUND CRITICAL PROGRAMS TO ADDRESS SOME OF THE CORE CHALLENGES OUR CITY FACES, WITH AN EMPHASIS ON SAFETY, HOMELESSNESS, YOUTH OPPORTUNITY, THE ECONOMY, AND INVESTMENT IN THE BLACK COMMUNITY.
    Expenses $746,324 · grants $635,824

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, 2026Check at the IRS
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
84-2644992
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$88,026
Income (IRS master file)
$2,116,511

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,252,002$915,491$1,019,559IRS
990December 2023$2,289,510$2,472,948$683,048XML
990December 2022$443,035$345,694$851,603IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 84-2644992).

Questions about CITY OF ALBUQUERQUE FOUNDATION

What is the EIN of CITY OF ALBUQUERQUE FOUNDATION?
The employer identification number (EIN) of CITY OF ALBUQUERQUE FOUNDATION is 84-2644992.
Is CITY OF ALBUQUERQUE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to CITY OF ALBUQUERQUE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does CITY OF ALBUQUERQUE 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 CITY OF ALBUQUERQUE FOUNDATION 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 CITY OF ALBUQUERQUE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CITY OF ALBUQUERQUE FOUNDATION?
The 990 for the year ended December 31, 2024 names HAKIM BELLAMY.
Who are the officers and directors of CITY OF ALBUQUERQUE FOUNDATION?
The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does CITY OF ALBUQUERQUE FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,252,002, expenses of $915,491 and total assets of $1,019,559 at year end.

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