Nonprofit · EIN 85-6010733
CREDIT UNIONS IN THE STATE OF NEW MEXICO
Also known as STATE EMPLOYEES CU
Tax-exempt · SANTA FE, NM 87505
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $70,788,124 | $64,189,273 | $6,598,851 | $1,255,970,945 | $1,145,027,070 | $110,943,875 |
| December 31, 2023 | 990 | $58,384,621 | $47,951,608 | $10,433,013 | $1,149,326,046 | $1,049,871,664 | $99,454,382 |
| December 31, 2022 | 990 (amended) | $48,283,901 | $33,149,896 | $15,134,005 | $1,068,857,027 | $981,525,122 | $87,331,905 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $62,031,156
- Investment income
- $8,663,880
- Net rental income
- $93,088
- Net gain from sales of assets
- $7,612
- Other revenue
- $93,088
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $20,566,888
- Compensation of officers, directors and key employees
- $2,404,092
- Other salaries and wages
- $11,827,934
- Salaries, compensation and benefits (total)
- $17,587,438
- Professional fundraising fees
- $0
- Legal fees
- $352,976
- Accounting fees
- $60,883
- Occupancy
- $918,505
- Travel
- $205,950
- Depreciation
- $1,311,816
Balance sheet and other
- Total assets, start of year
- $1,149,326,046
- Total assets, end of year
- $1,255,970,945
- Total liabilities, end of year
- $1,145,027,070
- Net assets, end of year
- $110,943,875
- Land, buildings and equipment
- $30,301,590
- Gross receipts
- $70,788,124
- Employees
- 261
- Volunteers
- 10
- Year formed
- 1958
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANDY RAMOS | PRESIDENT/CEO Officer | 40 | $689,967 | $21,347 |
| EMILIO ATENCIO | CHIEF LENDING OFFICER Key employee | 40 | $229,137 | $225,568 |
| LINDSAY JONES | EVP CHIEF OPERATIONS OFFICER Officer | 40 | $328,222 | $29,735 |
| EDWARD CHRISTIANS | EVP CHIEF INFORMATION OFFICER Officer | 40 | $316,737 | $32,362 |
| WILLIAM THORN | CHIEF PEOPLE OFFICER Key employee | 40 | $253,269 | $39,644 |
| MARIA SUAZO | SVP RETAIL ENGAGEMENT Highest-paid employee | 40 | $169,650 | $81,093 |
| RYAN KLINKRODT | VP COMMERCIAL LENDING Highest-paid employee | 40 | $164,770 | $81,115 |
| ETHAN HENDRICKSON | CHIEF FINANCIAL OFFICER Officer | 40 | $222,640 | $15,464 |
| DARLENE VIGIL | AVP REAL ESTATE (THRU 02/25) Highest-paid employee | 40 | $213,483 | $16,089 |
| KYLE MOORE | SVP MARKETING & COMMUNITY Highest-paid employee | 40 | $147,234 | $79,336 |
| BEATRICE MEDINA | SVP ENTERPRISE RISK (THRU 06/25) Highest-paid employee | 40 | $148,548 | $6,190 |
| JERRY RAEL | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JOANNE VIGIL-COPPLER | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| KENNETH KIRK | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| PAMELA GONZALES | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL DURAN | DIRECTOR Trustee or director | 1 | $0 |
| VIRGINIA HENDLEY | DIRECTOR Trustee or director | 1 | $0 |
| ROSEMARY WICKARD | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANDY RAMOS | PRESIDENT/CEO Officer | 40 | $575,842 | $17,782 |
| LINDSAY JONES | EVP CHIEF OPERATIONS OFFICER Officer | 40 | $293,922 | $28,907 |
| EDWARD CHRISTIANS | EVP CHIEF INFORMATION OFFICER Officer | 40 | $275,920 | $31,078 |
| WILLIAM THORN | CHIEF PEOPLE OFFICER Key employee | 40 | $225,748 | $37,209 |
| RYAN KLINKRODT | VP COMMERICAL LENDING Highest-paid employee | 40 | $205,999 | $41,471 |
| EMILIO ATENCIO | CHIEF LENDING OFFICER Key employee | 40 | $202,713 | $36,878 |
| MARIA SUAZO | SVP RETAIL ENGAGEMENT Highest-paid employee | 40 | $148,795 | $46,865 |
| KYLE MOORE | SVP MARKETING & COMMUNITY Highest-paid employee | 40 | $138,186 | $45,482 |
| GABRIEL FERNANDEZ | VP COMMERICAL LENDING Highest-paid employee | 40 | $131,896 | $31,504 |
| DARLENE VIGIL | AVP/REAL ESTATE LOAN MANAGER Highest-paid employee | 40 | $127,993 | $31,008 |
| SCHWAN HARDI | EVP CHIEF FINANCIAL OFF (THRU 06/23) Officer | 40 | $110,806 | $0 |
| ETHAN HENDRICKSON | CHIEF FINANCIAL OFFICER Officer | 40 | $31,382 | $2,091 |
| JERRY RAEL | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JOANNE VIGIL-COPPLER | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| KENNETH KIRK | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| PAMELA GONZALES | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL DURAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VIRGINIA HENDLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROSEMARY WICKARD | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2022: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANDY RAMOS | PRESIDENT/CEO Officer | 40 | $544,438 | $17,374 |
| HAROLD DIXON | DIRECTOR OF PROJECT MANAGEMENT Highest-paid employee | 40 | $446,268 | $28,571 |
| EDWARD CHRISTIANS | EVP CHIEF INFORMATION OFFICER Officer | 40 | $253,776 | $24,241 |
| LINDSAY JONES | EVP CHIEF OPERATIONS OFFICER Officer | 40 | $241,826 | $30,479 |
| DEBORAH SPARKS | CHIEF H.R. OFFICER (THRU 04/22) Key employee | 40 | $250,673 | $10,676 |
| EMILIO ATENCIO | CHIEF LENDING OFFICER Key employee | 40 | $187,558 | $33,562 |
| WILLIAM THORN | CHIEF PEOPLE OFFICER Key employee | 40 | $191,936 | $26,252 |
| RYAN KLINKRODT | VP OF COMMERICALLENDING Highest-paid employee | 40 | $143,545 | $36,043 |
| KYLE MOORE | SVP MARKETING & COMMUNITY Highest-paid employee | 40 | $132,904 | $38,655 |
| MARIA SUAZO | SVP RETAIL ENGAGEMENT Highest-paid employee | 40 | $128,386 | $39,446 |
| DARLENE VIGIL | AVP/REAL ESTATE LOAN MANAGER Highest-paid employee | 40 | $123,146 | $27,124 |
| SCHWAN HARDI | EVP CHIEF FINANCIAL OFFICER Officer | 40 | $45,979 | $0 |
| MARK SADOWSKI | EVP CHIEF FINANCIAL OFF (THRU 01/22) Officer | 40 | $37,573 | $1,353 |
| JERRY RAEL | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JOANNE VIGIL-COPPLER | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| KENNETH KIRK | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| PAMELA GONZALES | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| LORRIE LUJAN | SECRETARY (THRU 05/22) Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL DURAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VIRGINIA HENDLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROSEMARY WICKARD | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 813TH ST MICHAELS DR, SANTA FE, NM 87505-0000
- Principal officer (990 for 2024)
- ANDY RAMOS, 1611 CALLE LORCA DRIVE, SANTA FE, NM 87505
- Signed the 990
- ETHAN HENDRICKSON, CHIEF FINANCIAL OFFICER
- Phone
- (505) 983-7328
- Website
- WWW.SECUNM.ORG
- Return prepared by
- WIPFLI ADVISORY LLC
Mission
NEW MEXICO STATE-CHARTERED CREDIT UNION PROVIDING FINANCIAL SERVICES TO ITS MEMBERS AS PROVIDED BY THE NEW MEXICO CREDIT UNION ACT.
Program accomplishments
- NEW MEXICO STATE-CHARTERED CREDIT UNION PROVIDING FINANCIAL SERVICES TO ITS 52,954 MEMBERS AS PROVIDED BY THE NEW MEXICO CREDIT UNION ACT.
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 | Not 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
- 85-6010733
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1973
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 2397: CREDIT UNIONS IN THE STATE OF NEW MEXICO
- Assets (IRS master file)
- $1,255,970,945
- Income (IRS master file)
- $70,788,124
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $70,788,124 | $64,189,273 | $1,255,970,945 | IRS |
| 990 | December 2023 | $58,384,621 | $47,951,608 | $1,149,326,046 | XML |
| 990 | December 2022 | $48,283,901 | $33,149,896 | $1,068,857,027 | XML |
| 990 | December 2021 | $39,868,558 | $29,098,888 | $936,346,148 | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 85-6010733).
Questions about CREDIT UNIONS IN THE STATE OF NEW MEXICO
- What is the EIN of CREDIT UNIONS IN THE STATE OF NEW MEXICO?
- The employer identification number (EIN) of CREDIT UNIONS IN THE STATE OF NEW MEXICO is 85-6010733.
- Is CREDIT UNIONS IN THE STATE OF NEW MEXICO tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1973.
- Are donations to CREDIT UNIONS IN THE STATE OF NEW MEXICO tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CREDIT UNIONS IN THE STATE OF NEW MEXICO 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 CREDIT UNIONS IN THE STATE OF NEW MEXICO due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CREDIT UNIONS IN THE STATE OF NEW MEXICO 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 CREDIT UNIONS IN THE STATE OF NEW MEXICO?
- The 990 for the year ended December 31, 2024 names ANDY RAMOS.
- Who are the officers and directors of CREDIT UNIONS IN THE STATE OF NEW MEXICO?
- The 990 for the year ended December 31, 2024 lists 18 people; 11 received compensation from the organization, the highest $689,967 (ANDY RAMOS, PRESIDENT/CEO).
- How much revenue does CREDIT UNIONS IN THE STATE OF NEW MEXICO have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $70,788,124, expenses of $64,189,273 and total assets of $1,255,970,945 at year end.
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