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EIN 85-0417347

DreamSpring

IRS 501(c) type
501(c)(3)
Num. employees
70
City
Albuquerque
State
New Mexico
Year formed
1994
Most recent tax filings
2023-12-01
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
Description
Dreamspring provides business credit, loans, and training for entrepreneurs in underserved communities to accelerate economic inclusion and strength.
Also known as...
Accion New Mexico
Total revenues
$14,674,824
2023
Total expenses
$23,123,632
2023
Total assets
$72,311,430
2023
Num. employees
70
2023

Program areas at DreamSpring

Dreamspring provides tools to help small businesses operate, grow or start their business. We increase access to business credit, make loans and provide training to help entrepreneurs thrive. In 2023 Dreamspring made 1,578 loans, for $23.97 million, that created or sustained 4,138 jobs.

Grants made by DreamSpring

GranteeGrant descriptionAmount
Colorado Chamber Players IncorporatedGrant for Businesses Affected By Covid$15,000
Denver Film SocietyGrant for Businesses Affected By Covid$15,000

Who funds DreamSpring

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Ewing Marion Kauffman FoundationSupport for the Capitalization and Administration of A Fund That Increases Access To Capital for Economically Disadvantaged Entrepreneurs in Distressed Areas of the Kansas City Metro. 202209-13068$4,300,000
Scale LinkGeneral Support$728,392
Charities Aid Foundation of AmericaCharitable Donation$100,000
...and 12 more grants received

Personnel at DreamSpring

NameTitleCompensation
Anne HainesPresident , Chief Executive Officer , and Principal Founder$298,427
Francisco LopezChief Operations and Innovation Officer / Vice President , Business Innovation and Partnerships / Vice President of Business Innovation and Partnerships$233,736
Suzette M LongfellowChief Financial Officer$224,123
Irvin Ashford, Jr.Chief Community Officer, Comerica Bank
Jerry John JacobVice President , Engineering
...and 10 more key personnel

Financials for DreamSpring

RevenuesFYE 12/2023
Total grants, contributions, etc.$5,286,403
Program services$9,018,992
Investment income and dividends$248,227
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$24,899
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$96,303
Total revenues$14,674,824

Form 990s for DreamSpring

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-29990View PDF
2022-122023-11-02990View PDF
2021-122022-11-09990View PDF
2020-122021-10-13990View PDF
2019-122020-10-21990View PDF
...and 13 more Form 990s
Data update history
January 12, 2025
Used new vendors
Identified 3 new vendors, including , , and
January 11, 2025
Received grants
Identified 6 new grant, including a grant for $4,300,000 from Ewing Marion Kauffman Foundation
January 5, 2025
Posted financials
Added Form 990 for fiscal year 2023
November 26, 2024
Received grants
Identified 2 new grant, including a grant for $50,000 from Tides Foundation
September 24, 2024
Updated personnel
Identified 4 new personnel
Nonprofit Types
Grantmaking organizationsBusiness and community development organizationsCommunity Development Financial InstitutionsCharities
Issues
Business and industry
Characteristics
Operates internationallyState / local levelReceives government fundingEndowed supportManagement and technical assistanceTax deductible donationsAccepts online donations
General information
Address
2000 Zearing Ave NW
Albuquerque, NM 87104
Metro area
Albuquerque, NM
County
Bernalillo County, NM
Website URL
dreamspring.org/ 
Phone
(505) 243-8844
IRS details
EIN
85-0417347
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1994
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
522120: Savings Institutions
Parent/child status
Independent
California AB-488 details
AB 488 status
Undetermined
Charity Registration status
Not Registered
FTB status revoked
Not revoked
AG Registration Number
None yet
FTB Entity ID
4325511
AB 488 data last updated ("as-of") date
2025-03-05
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