Nonprofit · EIN 85-0468446
RIO GRANDE FOUNDATION INC
Tax-exempt · ALBUQUERQUE, NM 87102
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $342,487 | $367,029 | -$24,542 | $363,258 | $2,742 | $360,516 |
| December 31, 2024 | 990 | $316,279 | $408,608 | -$92,329 | $387,187 | $2,129 | $385,058 |
| December 31, 2023 | 990 | $818,432 | $415,072 | $403,360 | $483,199 | $5,812 | $477,387 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $244,756
- Program service revenue
- $85,673
- Investment income
- $12,058
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $227,693
- Salaries, compensation and benefits (total)
- $255,787
- Professional fundraising fees
- $0
- Accounting fees
- $3,996
- Occupancy
- $4,656
- Travel
- $4,844
- Program services (functional)
- $252,420
- Management and general (functional)
- $54,650
- Fundraising (functional)
- $59,959
Balance sheet and other
- Total assets, start of year
- $387,187
- Total assets, end of year
- $363,258
- Total liabilities, end of year
- $2,742
- Net assets, end of year
- $360,516
- Net assets without donor restrictions
- $360,516
- Gross receipts
- $342,487
- Employees
- 3
- Volunteers
- 0
- Year formed
- 2000
- 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 |
|---|---|---|---|
| Paul Gessing | President-Ex-Officio Trustee or director, Officer, Key employee, Highest-paid employee | 40 | $139,569 |
| Julie Wright | Board Chair Trustee or director, Officer | 0 | $0 |
| Barbara Ralph | Treasurer Trustee or director | 2 | $0 |
| Tom Mullins | Director Trustee or director | 0 | $0 |
| Steve Dodson | Director Trustee or director | 0 | $0 |
| Harry Montoya | Director Trustee or director | 0 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Paul Gessing | President-Ex-Officio Trustee or director, Officer, Key employee, Highest-paid employee | 40 | $139,569 |
| Julie Wright | Board Chair Trustee or director, Officer | 0 | $0 |
| Barbara Ralph | Treasurer Trustee or director | 2 | $0 |
| Tom Mullins | Director Trustee or director | 0 | $0 |
| Steve Dodson | Director Trustee or director | 0 | $0 |
| David Hampton | Secretary Trustee or director, Officer | 0 | $0 |
| Harry Montoya | Director Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Paul Gessing | President-Ex-Officio Trustee or director, Officer, Key employee, Highest-paid employee | 40 | $135,741 |
| Evan Jones | Treasurer Trustee or director, Officer | 1 | $0 |
| Julie Wright | Board Chair Trustee or director, Officer | 0 | $0 |
| Barbara Ralph | Director Trustee or director | 0 | $0 |
| Tom Mullins | Director Trustee or director | 0 | $0 |
| Steve Dodson | Director Trustee or director | 0 | $0 |
| David Hampton | Secretary Trustee or director, Officer | 0 | $0 |
| Harry Montoya | Director Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 400 GOLD AVE SW STE 909, ALBUQUERQUE, NM 87102-3247
- In care of
- % VICTOR S BRUNO TREASURER
- Principal officer (990 for 2025)
- Paul Gessing, PO Box 403, Albuquerque, NM 87196
- Signed the 990
- Paul Gessing, President
- Phone
- (505) 264-6090
- Website
- riograndefoundation.org
- Return prepared by
- Vivian MG Spinn CPA LLC
Mission
Independent non-partisan research and educational information dedicated to the study of public policy, promotes prosperity based on principals of limited government
Program accomplishments
- Conducted research, presentations, and meetings and published white papers at various times during the year. Events for last year were as follows: 3 Luncheons-Free Speech, Decline of Economic Freedom, Teaching liberty Anniversary Gala 11 Liberty on the Rocks in Albuquerque, NM 6 BreakfastsExpenses $252,420 · revenue $85,673
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
- 85-0468446
- 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
- 2000
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W012)
- Assets (IRS master file)
- $363,258
- Income (IRS master file)
- $342,487
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $342,487 | $367,029 | $363,258 | XML |
| 990 | December 2024 | $316,279 | $408,608 | $387,187 | XML |
| 990 | December 2023 | $818,432 | $415,072 | $483,199 | XML |
| 990 | December 2022 | $297,460 | $328,445 | $74,582 | 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 85-0468446).
Questions about RIO GRANDE FOUNDATION INC
- What is the EIN of RIO GRANDE FOUNDATION INC?
- The employer identification number (EIN) of RIO GRANDE FOUNDATION INC is 85-0468446.
- Is RIO GRANDE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to RIO GRANDE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RIO GRANDE FOUNDATION 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 RIO GRANDE FOUNDATION 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 RIO GRANDE FOUNDATION 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 RIO GRANDE FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names Paul Gessing.
- Who are the officers and directors of RIO GRANDE FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 6 people; 1 received compensation from the organization, the highest $139,569 (Paul Gessing, President-Ex-Officio).
- How much revenue does RIO GRANDE FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $342,487, expenses of $367,029 and total assets of $363,258 at year end.
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