Nonprofit · EIN 85-0407128
SANDOVAL ECONOMIC ALLIANCE INC
Tax-exempt · RIO RANCHO, NM 87124
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $555,313 | $517,803 | $37,510 | $401,788 | $165,385 | $236,403 |
| June 30, 2024 | 990 | $545,458 | $538,680 | $6,778 | $367,571 | $174,030 | $193,541 |
| June 30, 2023 | 990 | $418,660 | $12,722 | $405,938 | $362,288 | $175,591 | $186,697 |
| June 30, 2022 | 990 | $475,467 | $381,745 | $93,722 | $405,958 | $123,720 | $282,238 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $264,322
- of which government grants
- $65,000
- Program service revenue
- $284,999
- Investment income
- $2,792
- Other revenue
- $3,200
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $137,506
- Other salaries and wages
- $142,691
- Salaries, compensation and benefits (total)
- $335,144
- Professional fundraising fees
- $0
- Accounting fees
- $19,343
- Occupancy
- $22,950
- Travel
- $4,657
- Depreciation
- $6,426
- Program services (functional)
- $283,104
- Management and general (functional)
- $183,581
- Fundraising (functional)
- $51,118
Balance sheet and other
- Total assets, start of year
- $367,571
- Total assets, end of year
- $401,788
- Total liabilities, end of year
- $165,385
- Net assets, end of year
- $236,403
- Land, buildings and equipment
- $4,563
- Net assets without donor restrictions
- $236,403
- Gross receipts
- $555,313
- Employees
- 5
- Year formed
- 1992
- 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 |
|---|---|---|---|---|
| FREDRICK J SHEPERD | PRESIDENT AND CEO - CURRENT Officer | 40 | $137,506 | $16,263 |
| FRANK GALLEGOS | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| STEVE GARCIA | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| ADAM LEYBA | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| MIKE TESKE | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DAVID TORRES | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| KRISS WALTON | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DORA DOMINGUEZ | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| GARY SAIZ | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| ED SMITH | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| MARIO CERVANTES | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| MATTHEW GEISEL | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| PIERCE RUNNELS | BOARD PAST CHAIR Trustee or director | 0 | $0 | $0 |
| MELISSA GOMEZ | BOARD CHAIR Officer | 0.5 | $0 | $0 |
| DR LAURA BURTON | BOARD CHAIR ELECT Officer | 0.5 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERIN JOHNSON-KRUFT | BOARD SECRETARY Officer | 0.5 | $0 |
| JIMMIE BLOTTER | BOARD TREASURER Officer | 0.5 | $0 |
990 for the year ended June 30, 2024: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FREDRICK J SHEPERD | PRESIDENT AND CEO - CURRENT Officer | 40 | $136,500 |
| DORA DOMINGUEZ | BOARD MEMBER Trustee or director | 0.5 | $0 |
| GARY SAIZ | BOARD MEMBER Trustee or director | 0.5 | $0 |
| DAVID TORRES | BOARD MEMBER Trustee or director | 0.5 | $0 |
| KRISS WALTON | BOARD MEMBER Trustee or director | 0.5 | $0 |
| ED SMITH | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MICHAEL BAKER | BOARD MEMBER Trustee or director | 0.5 | $0 |
| PIERCE RUNNELS | BOARD PAST CHAIR Trustee or director | 0 | $0 |
| MARIO CERVANTES | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MATTHEW GEISEL | BOARD MEMBER Trustee or director | 0.5 | $0 |
| FRANK GALLEGOS | BOARD MEMBER Trustee or director | 0.5 | $0 |
| JOHN ADAMS | BOARD MEMBER Trustee or director | 0.5 | $0 |
| STEVE GARCIA | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MIKE TESKE | BOARD MEMBER Trustee or director | 0.5 | $0 |
| ADAM LEYBA | BOARD MEMBER Trustee or director | 0.5 | $0 |
| DR LAURA BURTON | BOARD CHAIR ELECT Officer | 0.5 | $0 |
| MELISSA GOMEZ | BOARD CHAIR Officer | 0.5 | $0 |
| JIMMIE BLOTTER | BOARD TREASURER Officer | 0.5 | $0 |
| ERIN JOHNSON-KRUFT | BOARD SECRETARY Officer | 0.5 | $0 |
990 for the year ended June 30, 2023: 23 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FRED SHEPERD | PRESIDENT AND CEO - CURRENT Officer | 40 | $125,000 |
| DAVID PATTERSON | BOARD MEMBER Trustee or director | 0.5 | $0 |
| ED SMITH | BOARD MEMBER Trustee or director | 0.5 | $0 |
| PHIL CASAUS | BOARD MEMBER Trustee or director | 0.5 | $0 |
| DORA DOMINGUEZ | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MELISSA GOMEZ | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MARIO CERVANTES | BOARD MEMBER Trustee or director | 0.5 | $0 |
| LAURA BURTON | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MARIO FERNANDEZ | BOARD MEMBER Trustee or director | 0.5 | $0 |
| JIMMIE BLOTTER | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MATTHEW GEISEL | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MATTHEW SPANGLER | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MICHELLE FRANKS | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MIKE SKOLNICK | BOARD MEMBER Trustee or director | 0.5 | $0 |
| TOM NOVACK | BOARD MEMBER Trustee or director | 0.5 | $0 |
| GARY HOUSELY | BOARD MEMBER Trustee or director | 0.5 | $0 |
| ERIN JOHNSON-KRUFT | BOARD MEMBER Trustee or director | 0.5 | $0 |
| ERIKA EDGERLY | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MICHAEL BAKER | BOARD MEMBER Trustee or director | 0.5 | $0 |
| JR ALLISON | BOARD CHAIR ELECT Officer | 0.5 | $0 |
| GARY SAIZ | BOARD CHAIR Officer | 0.5 | $0 |
| JOE SIERRA | BOARD TREASURER Officer | 0.5 | $0 |
| PIERCE RUNNELS | BOARD SECRETARY Officer | 0.5 | $0 |
990 for the year ended June 30, 2022: 23 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FRED SHEPHERD | PRESIDENT AND CEO - CURRENT Officer | 40 | $125,229 |
| DAVID PATTERSON | BOARD MEMBER Trustee or director | 0.5 | $0 |
| ED SMITH | BOARD MEMBER Trustee or director | 0.5 | $0 |
| PHIL CASAUS | BOARD MEMBER Trustee or director | 0.5 | $0 |
| DORA DOMINGUEZ | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MELISSA GOMEZ | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MARIO CERVANTES | BOARD MEMBER Trustee or director | 0.5 | $0 |
| LAURA BURTON | BOARD MEMBER Trustee or director | 0.5 | $0 |
| DARLENE FERNANDEZ | BOARD MEMBER Trustee or director | 0.5 | $0 |
| JIMMIE BLOTTER | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MATTHEW GEISEL | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MATTHEW SPANGLER | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MICHELLE FRANKS | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MIKE SKOLNICK | BOARD MEMBER Trustee or director | 0.5 | $0 |
| TOM NOVACK | BOARD MEMBER Trustee or director | 0.5 | $0 |
| GARY HOUSELY | BOARD MEMBER Trustee or director | 0.5 | $0 |
| ERIN JOHNSON-KRUFT | BOARD MEMBER Trustee or director | 0.5 | $0 |
| ERIKA EDGERLY | BOARD MEMBER Trustee or director | 0.5 | $0 |
| MICHAEL BAKER | BOARD MEMBER Trustee or director | 0.5 | $0 |
| JR ALLISON | BOARD CHAIR ELECT Officer | 0.5 | $0 |
| GARY SAIZ | BOARD CHAIR Officer | 0.5 | $0 |
| JOE SIERRA | BOARD TREASURER Officer | 0.5 | $0 |
| PIERCE RUNNELS | BOARD SECRETARY Officer | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 1201 RIO RANCHO BLVD SE STE C, RIO RANCHO, NM 87124-1517
- In care of
- % FREDRICK J SHEPHERD
- Principal officer (990 for 2024)
- FREDRICK J SHEPERD, 1201 RIO RANCHO BLVD SE Ste C, RIO RANCHO, NM 87124
- Signed the 990
- FREDRICK J SHEPHERD, PRESIDENT & CEO
- Phone
- (505) 891-4305
- Website
- WWW.SEA-NM.COM
- Return prepared by
- ACCOUNTING AND TAXATION SVCS LLC
Mission
TO FOSTER ECONOMIC VIBRANCY BY CREATING, STRENGTHENING, AND RETAINING ECONOMIC BASE JOBS THAT ENHANCE THE QUALITY OF LIFE IN RIO RANCHO AND SANDOVAL COUNTY, NEW MEXICO.
Program accomplishments
- ENHANCE AWARENESS OF RIO RANCHO AND SANDOVAL COUNTY, NEW MEXICO AS AN ATTRACTIVE COMMUNITY TO OPERATE, LIVE, AND WORK. CONTINUE TO ADMINISTER RECRUITING AND PUBLIC RELATIONS PROGRAMS THAT ATTRACT NEW COMPANIES AND RETAIN AND EXPAND EXISTING LOCAL COMPANIES. EFFORTS WERE ACCOMPLISHED THROUGH VARIOUS MARKETING MEANS INCLUDING TRADE SHOWS, DIRECT MAILINGS, AND THROUGH PROPOSALS AND SITE VISITS FOR COMPANIES CONSIDERING RELOCATON OR EXPLANSION WITHIN RIO RANCHO AND SANDOVAL COUNTY. ORGANIZATION GOALS ARE TO PROMOTE AND MAINTAIN A HEALTHY, VIBRANT, AND ACTIVE COMMUNITY BY SUPPORTING A BUSINESS FRIENDLY ENVIRONMENT THAT ALLOWS FOR CAREER ENHANCING, QUALITY ECONOMIC BASE COMPANIES TO THRIVE, TO ACTIVELY RECRUIT NEW ECONOMIC BASE COMPANIES TO THE REGION, TO HELP EXISTING COMPANIES GROW AND THRIVE, AND TO WORK WITH COMMUNITY LEADERS TO SUPPORT AN ENVIRONMENT OF ECONOMIC STABILITY, GROWTH AND EXCELLENCE.Expenses $283,104
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
- 85-0407128
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1994
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $401,788
- Income (IRS master file)
- $555,313
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $555,313 | $517,803 | $401,788 | IRS |
| 990 | June 2024 | $545,458 | $538,680 | $367,571 | IRS |
| 990 | June 2023 | $418,660 | $12,722 | $362,288 | XML |
| 990 | June 2022 | $475,467 | $381,745 | $405,958 | XML |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | 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 85-0407128).
Questions about SANDOVAL ECONOMIC ALLIANCE INC
- What is the EIN of SANDOVAL ECONOMIC ALLIANCE INC?
- The employer identification number (EIN) of SANDOVAL ECONOMIC ALLIANCE INC is 85-0407128.
- Is SANDOVAL ECONOMIC ALLIANCE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1994.
- Are donations to SANDOVAL ECONOMIC ALLIANCE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SANDOVAL ECONOMIC ALLIANCE 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 SANDOVAL ECONOMIC ALLIANCE INC 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 SANDOVAL ECONOMIC ALLIANCE INC 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 SANDOVAL ECONOMIC ALLIANCE INC?
- The 990 for the year ended June 30, 2025 names FREDRICK J SHEPERD.
- Who are the officers and directors of SANDOVAL ECONOMIC ALLIANCE INC?
- The 990 for the year ended June 30, 2025 lists 17 people; 1 received compensation from the organization, the highest $137,506 (FREDRICK J SHEPERD, PRESIDENT AND CEO - CURRENT).
- How much revenue does SANDOVAL ECONOMIC ALLIANCE INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $555,313, expenses of $517,803 and total assets of $401,788 at year end.
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