EIN 85-0348445

Rio Grande Community Development

IRS 501(c) type
501(c)(3)
Num. employees
24
Year formed
1986
Most recent tax filings
2022-12-01
Description
RGCDC supports social and economic entrepreneurship for self-sufficiency, providing business support to entrepreneurs at SVECD in Albuquerque.
Total revenues
$1,710,904
2022
Total expenses
$2,792,842
2022
Total assets
$1,259,590
2022
Num. employees
24
2022

Program areas at Rio Grande Community Development

Rio Grande Community Development corporation (rgcdc) serves the needs of residents and business owners in bernalillo county, with a focus on the south valley area. Rgcdc's social and business justice mission is to support community-wide healthy economic and social Development that enriches traditional cultural values and historical uses of the land. In 2022, rgcdc supported 27 programs and events through its two divisions and affiliated services.
The color theory initiative is a collaborative program with other aligned social and economic Development providers focused on overcoming systemic challenges facing new mexico entrepreneurs and business owners of color. The program is dedicated to promote shared technical assistance and database resources to expand knowledge, access, and opportunities for business success to those in traditionally underserved groups.
The south valley economic Development center (svedc) is a collaborative effort between bernalillo county and rgcdc. In its 17,000 square foot facility located in the heart of albuququerque's south valley, svedc serves as a business incubator by providing business incubator support services and a site for manufacturing and food distribution. In 2022, svedc supported 44 companies and 90 individuals at various stages of growth from an entrepreneurial idea to a fully thriving business. Svedc also serves as a Community business hub and social Development, housing 75 virtual events in 2022.

Who funds Rio Grande Community Development

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Albuquerque Community FoundationDonor Advised Distribution$59,100
Women's Economic Self-Sufficiency Team (WESST)$17,259
La Plazita InstituteSub-Grant for Participation on the Collaborative and for Organizations Capacity Building$10,000
...and 2 more grants received

Personnel at Rio Grande Community Development

NameTitleCompensation
Josue OlivaresExecutive Director$75,636
Jayme ChesterDirector of Operations Rio Grande Community Development Corporation
Serena HajovskyFinance Director
Sarah RulfsDevelopment Director
Sean HumphreyDelicious NM Manager
...and 12 more key personnel

Financials for Rio Grande Community Development

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,526,361
Program services$190,766
Investment income and dividends$40
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$37,800
Net gain from sale of non-inventory assets$-44,063
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,710,904

Form 990s for Rio Grande Community Development

Fiscal year endingDate received by IRSFormPDF link
2022-122023-08-31990View PDF
2021-122022-06-09990View PDF
2020-122021-08-06990View PDF
2019-122020-08-25990View PDF
2018-122019-11-08990View PDF
...and 9 more Form 990s
Data update history
November 16, 2023
Updated personnel
Identified 1 new personnel
November 13, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 26, 2023
Used new vendors
Identified 1 new vendor, including
October 5, 2023
Updated personnel
Identified 3 new personnel
August 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
MembershipsPolitical advocacyLobbyingState / local levelReceives government fundingManagement and technical assistanceTax deductible donationsFiscal sponsor
General information
Address
318 Isleta Blvd SW
Albuquerque, NM 87105
Metro area
Albuquerque, NM
County
Bernalillo County, NM
Website URL
rgcdc.org/ 
Phone
(505) 217-2473
IRS details
EIN
85-0348445
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1986
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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