Nonprofit · EIN 85-0471881
RGEC INC
Also known as RIO GRANDE EDU COLLABORATIVE INC
Tax-exempt · ALBUQUERQUE, NM 87120
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $9,346,123 | $6,777,807 | $2,568,316 | $14,442,546 | $2,051,396 | $12,391,150 |
| June 30, 2024 | 990 | $9,926,016 | $6,250,579 | $3,675,437 | $10,409,717 | $983,251 | $9,426,466 |
| June 30, 2023 | 990 | $10,143,678 | $5,985,825 | $4,157,853 | $8,973,206 | $3,654,355 | $5,318,851 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,238,599
- of which government grants
- $1,229,605
- Program service revenue
- $7,466,183
- Investment income
- $550,729
- Other revenue
- $90,612
Expenses
- Grants and similar amounts paid
- $12,350
- Compensation of officers, directors and key employees
- $396,311
- Other salaries and wages
- $3,690,345
- Salaries, compensation and benefits (total)
- $4,800,441
- Professional fundraising fees
- $0
- Legal fees
- $51,117
- Accounting fees
- $21,370
- Occupancy
- $36,966
- Travel
- $72,356
- Depreciation
- $66,909
- Program services (functional)
- $4,689,330
- Management and general (functional)
- $2,088,477
Balance sheet and other
- Total assets, start of year
- $10,409,717
- Total assets, end of year
- $14,442,546
- Total liabilities, end of year
- $2,051,396
- Net assets, end of year
- $12,391,150
- Land, buildings and equipment
- $1,489,087
- Publicly traded securities
- $9,941,475
- Net assets without donor restrictions
- $12,391,150
- Gross receipts
- $9,346,123
- Employees
- 385
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PETER SANCHEZ | CEO Officer | 27.5 | $221,686 | $34,179 | $22,013 |
| BRIAN OCONNELL | COOCFO Officer | 27.5 | $130,000 | $0 | $0 |
| RANDOLPH SANCHEZ | CHAIRMAN Trustee or director, Officer | 0.2 | $9,875 | $0 | $0 |
| THADDEUS LUCERO | BOARD MEMBER Trustee or director | 0.2 | $8,875 | $0 | $0 |
| CHARLES PENA | BOARD MEMBER Trustee or director | 0.2 | $8,625 | $0 | $0 |
| RAY MARES | BOARD MEMBER Trustee or director | 0.2 | $8,625 | $0 | $0 |
| ROBERTA RICCI | BOARD MEMBER Trustee or director | 0.2 | $8,625 | $0 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PETER SANCHEZ | CEO Officer | 27.5 | $221,686 | $39,569 | $22,500 |
| BRIAN OCONNELL | COOCFO Officer | 27.5 | $123,846 | $0 | $0 |
| THADDEUS LUCERO | BOARD MEMBER Trustee or director | 0.2 | $18,000 | $0 | $0 |
| CHARLES PENA | BOARD MEMBER Trustee or director | 0.2 | $18,000 | $0 | $0 |
| RAY MARES | BOARD MEMBER Trustee or director | 0.2 | $18,000 | $0 | $0 |
| RANDOLPH SANCHEZ | CHAIRMAN Trustee or director, Officer | 0.2 | $18,000 | $0 | $0 |
| ROBERTA RICCI | BOARD MEMBER Trustee or director | 0.2 | $16,000 | $0 | $0 |
990 for the year ended June 30, 2023: 7 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| PETER SANCHEZ | CEO Officer | 27.5 | $236,686 | $11,917 |
| BRIAN OCONNELL | COOCFO Officer | 27.5 | $125,000 | $0 |
| THADDEUS LUCERO | BOARD MEMBER Trustee or director | 0.2 | $8,000 | $0 |
| ROBERTA RICCI | BOARD MEMBER Trustee or director | 0.2 | $8,000 | $0 |
| CHARLES PENA | BOARD MEMBER Trustee or director | 0.2 | $8,000 | $0 |
| RAY MARES | BOARD MEMBER Trustee or director | 0.2 | $8,000 | $0 |
| RANDOLPH SANCHEZ | CHAIRMAN Trustee or director, Officer | 0.2 | $8,000 | $0 |
Address and contacts
- Address (IRS master file)
- 6260 RIVERSIDE PLAZA LN NW STE A, ALBUQUERQUE, NM 87120-1707
- In care of
- % BRIAN OCONNELL
- Principal officer (990 for 2024)
- PETER SANCHEZ, 6260 RIVERSIDE PLAZA LANE NW, Albuquerque, NM 87120
- Signed the 990
- BRIAN OCONNELL, COOCFO
- Phone
- (505) 873-6035
- Website
- https://rgec.org/
- Return prepared by
- Jaramillo Accounting Group LLC
Mission
OUR MISSION IS TO LEVERAGE RESOURCES AND OPPORTUNITIES TO CREATE A CONTINUUM OF SERVICES TO SUPPORT THE SOCIAL AND ACADEMIC DREAMS OF CHILDREN, THEIR FAMILIES AND THEIR COMMUNITIES.
Program accomplishments
- THE NEW MEXICO EARLY CHILDHOOD EDUCATION AND CARE DEPARTMENT PROGRAM ALIGNS WITH THE BEFORE AND AFTER SCHOOL PROGRAM BY ALLOWING US TO WORK WITH CHILDREN WHO NORMALLY COULD NOT ATTEND THE PROGRAM.WE LICENSE AS MANY LOCATIONS AS POSSIBLE THROUGH ECECD, WHICH ALLOWS ECECD TO QUALIFY FAMILIES AND ENTER INTO CONTRACTS WITH THEM FOR CHILD CARE SUBSIDIES THAT PAY THE RGEC PROGRAM FEES. AT THE END OF FISCAL YEAR 2025, WE HAD 655 ACTIVE CONTRACTS IN 46 SCHOOLS.Expenses $2,784,148 · revenue $4,885,674
- THE NEW MEXICO EARLY CHILDHOOD EDUCATION AND CARE DEPARTMENT FOOD PROGRAM WORKS HAND IN HAND WITH THE RGEC BEFORE AND AFTER SCHOOL PROGRAM BECAUSE IT ALLOWS US TO PROVIDE NUTRITIOUS SNACKS AND MEALS TO CHILDREN ATTENDING THE PROGRAM 156,570 MEALS WERE SERVED DURING THE PAST SCHOOL YEAR.Expenses $1,022,507 · revenue $1,031,575
- RGEC BEFORE AND AFTER SCHOOL PROGRAMS OPERATE IN MORE THAN 50 ELEMENTARY SCHOOLS IN THE ALBUQUERQUE, BELEN, MORIARTY, SOCORRO AND RIO RANCHO AREAS. WE UTILIZE TWO EDUCATION MODELS TO ENSURE A HIGH QUALITY AND UNIQUE ENVIRONMENT FOR OUR CHILDREN, THE E-CUBED MODEL ENRICHMENT MODEL EXCLUSIVE TO OUR PROGRAM, AND THE FOUR CORNERS TEACHING STRATEGY.Expenses $882,675 · revenue $1,548,934
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
- 85-0471881
- 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
- 2001
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $14,442,546
- Income (IRS master file)
- $9,346,123
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $9,346,123 | $6,777,807 | $14,442,546 | IRS |
| 990 | June 2024 | $9,926,016 | $6,250,579 | $10,409,717 | IRS |
| 990 | June 2023 | $10,143,678 | $5,985,825 | $8,973,206 | XML |
| 990 | June 2022 | $6,240,869 | $4,818,517 | $7,884,726 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | 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 85-0471881).
Questions about RGEC INC
- What is the EIN of RGEC INC?
- The employer identification number (EIN) of RGEC INC is 85-0471881.
- Is RGEC INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to RGEC INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RGEC 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 RGEC 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 RGEC 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 RGEC INC?
- The 990 for the year ended June 30, 2025 names PETER SANCHEZ.
- Who are the officers and directors of RGEC INC?
- The 990 for the year ended June 30, 2025 lists 7 people; 7 received compensation from the organization, the highest $221,686 (PETER SANCHEZ, CEO).
- How much revenue does RGEC INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $9,346,123, expenses of $6,777,807 and total assets of $14,442,546 at year end.
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