Nonprofit · EIN 85-0229393
TIERRA GRANDE IMPROVEMENT ASSOCIATION INC
Tax-exempt · BELEN, NM 87002
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $270,585 | $238,450 | $32,135 | $3,239,273 | $99,700 | $3,139,573 |
| December 31, 2024 | 990 | $606,012 | $221,641 | $384,371 | $1,731,144 | $5,115 | $1,726,029 |
| December 31, 2023 | 990 | $1,225,973 | $235,738 | $990,235 | $2,836,850 | $94,165 | $2,742,685 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $180,227
- Investment income
- $81,491
- Other revenue
- $8,867
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $74,892
- Salaries, compensation and benefits (total)
- $80,956
- Professional fundraising fees
- $0
- Legal fees
- $2,432
- Accounting fees
- $11,356
- Occupancy
- $6,204
- Travel
- $375
- Depreciation
- $17,702
- Program services (functional)
- $238,450
Balance sheet and other
- Total assets, start of year
- $2,836,850
- Total assets, end of year
- $3,239,273
- Total liabilities, end of year
- $99,700
- Net assets, end of year
- $3,139,573
- Land, buildings and equipment
- $714,328
- Gross receipts
- $270,585
- Employees
- 3
- Volunteers
- 3
- Year formed
- 1971
- 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 |
|---|---|---|---|
| RHONDA DAVIS | PRESIDENT Trustee or director, Institutional trustee | 10 | $2,400 |
| MICHAEL SUMNER | EXEC VP & DIRECTOR Trustee or director, Institutional trustee | 10 | $2,000 |
| RICHARD MOORE | SECRETARY Trustee or director, Institutional trustee | 10 | $2,000 |
| ALEXA ROBERTS | DIRECTOR Trustee or director, Institutional trustee | 10 | $2,000 |
| JIM LARDNER | TREASURER Trustee or director, Institutional trustee | 10 | $2,000 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL SUMNER | EXEC VP & DI Trustee or director, Officer | – | $0 |
| JUDY MAGNUSSEN | TREASURER/DI Trustee or director, Officer | – | $0 |
| CAROL GASPARETTI | DIRECTOR Trustee or director, Officer | – | $0 |
| VJ LARDNER | PRESIDENT Trustee or director, Officer | – | $0 |
| RHONDA DAVIS | SECRETARY/DI Trustee or director, Officer | – | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL SUMNER | EXEC VP & DI Trustee or director, Officer | – | $0 |
| JUDY MAGNUSSEN | TREASURER/DI Trustee or director, Officer | – | $0 |
| CAROL GASPARETTI | DIRECTOR Trustee or director, Officer | – | $0 |
| VJ LARDNER | PRESIDENT Trustee or director, Officer | – | $0 |
| RHONDA DAVIS | SECRETARY/DI Trustee or director, Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1388, BELEN, NM 87002-1388
- Principal officer (990 for 2025)
- RHONDA DAVIS, PO BOX 1388, BELEN, NM 87002
- Signed the 990
- RHONDA DAVIS, PRESIDENT
- Phone
- (505) 864-2345
- Return prepared by
- PNL Accounting & Tax Service LLC
Mission
TO PROVIDE SERVICES AND FACILITIES THAT TEND TO PROMOTE THE GENERAL WELFARE OF THE COMMUNITYS INHABITANTS WITH REGARD TO HEALTH, SAFETY, EDUCATION, CULTURE, RECREATION, COMFORT AND CONVENIENCE.
Program accomplishments
- ROAD MAINTENANCE AND IMPROVEMENT. MEMBER EDUCATION. IMPROVEMENTS FOR MEMBERS COMMON AREAS.Expenses $238,450 · revenue $270,585
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
- 85-0229393
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1976
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $3,239,273
- Income (IRS master file)
- $270,585
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $270,585 | $238,450 | $3,239,273 | XML |
| 990 | December 2024 | $606,012 | $221,641 | $1,731,144 | XML |
| 990 | December 2023 | $1,225,973 | $235,738 | $2,836,850 | XML |
| 990 | December 2022 | $234,880 | $142,307 | $1,769,302 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 85-0229393).
Questions about TIERRA GRANDE IMPROVEMENT ASSOCIATION INC
- What is the EIN of TIERRA GRANDE IMPROVEMENT ASSOCIATION INC?
- The employer identification number (EIN) of TIERRA GRANDE IMPROVEMENT ASSOCIATION INC is 85-0229393.
- Is TIERRA GRANDE IMPROVEMENT ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1976.
- Are donations to TIERRA GRANDE IMPROVEMENT ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does TIERRA GRANDE IMPROVEMENT ASSOCIATION INC 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 TIERRA GRANDE IMPROVEMENT ASSOCIATION INC 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 TIERRA GRANDE IMPROVEMENT ASSOCIATION INC 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 TIERRA GRANDE IMPROVEMENT ASSOCIATION INC?
- The 990 for the year ended December 31, 2025 names RHONDA DAVIS.
- Who are the officers and directors of TIERRA GRANDE IMPROVEMENT ASSOCIATION INC?
- The 990 for the year ended December 31, 2025 lists 5 people; 5 received compensation from the organization, the highest $2,400 (RHONDA DAVIS, PRESIDENT).
- How much revenue does TIERRA GRANDE IMPROVEMENT ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $270,585, expenses of $238,450 and total assets of $3,239,273 at year end.
Other nonprofits in BELEN
- BELEN RAILWAY EMPLOYEES CREDIT UNION EIN 85-0234701 · last filed 990 for 2025
- BELEN LODGE NO 1680 LOYAL ORDER OF MOOSE EIN 85-0212741 · last filed 990 for 2026
- VALENCIA FAIR MANAGEMENT CO INC EIN 85-0424433 · last filed 990 for 2025
- NMBRA EIN 84-3260411 · last filed 990 for 2025
- NEW MEXICO SCHOOL FOOD SERVICE ASSOC EIN 86-1015138 · last filed 990 for 2025
- GREATER BELEN CHAMBER OF COMMERCE EIN 85-0096567 · last filed 990-EZ for 2025
- THE COMMUNITY RESOURCE FUND EIN 81-3138628 · last filed 990-PF for 2025
- THROUGH THE FLOWER CORP EIN 95-3240695 · last filed 990 for 2025