Program areas at New Mexico Community Capital
Business and marketing essentials (bme) equality can't wait (ecw) - business services - providing management resources to qualifying business, particularly in under-invested areas.
Native farmers in residence (native american agriculture fund/erme) the native farmers in residence (nfir) program provides a culturally appropriate, supportive place for native american farmers to gain confidence, grow, and become successful.this program is financed through grants and contributions.
Indigenous economic wellbeing alliance (kellogg #2) - we are an emerging alliance of native-owned and native led organizations leveraging our collective ingenuity, networks, Capital, and resources to support indigenous entrepreneurs.
Fiscal services- fiscal sponsorship services are provided to companies in the Community who have a nonprofit mission, many of which are in the process of getting their own 501(c)3 status. This program is financed through a percentage of the grants sponsorees receive.
Indigidao - nmcc is creating a non-exploitative project to assess how web 3.0 tools (dao+, blockchain, nfts, etc)could be used to advance indigenous core values
Grants made by New Mexico Community Capital
| Grantee | Grant description | Grant year | Amount |
|---|
| Native Community Finance | Kellogg Subgrant:1) Increase the Economic Opportunity and Well Being for Native Entrepreneurs in New Mexico. 2)leverage and Initiate Systems of Change Through Policy Advocacy (Not Lobbying), Informed Research, and Coalition and Movement Building Work.3) Increase Business Capital To Native Entrepreneurs By | 2023-12 | $395,183 |
| Change Labs | Kellogg Subgrant:1) Increase the Economic Opportunity and Well Being for Native Entrepreneurs in New Mexico. 2)leverage and Initiate Systems of Change Through Policy Advocacy (Not Lobbying), Informed Research, and Coalition and Movement Building Work.3) Increase Business Capital To Native Entrepreneurs By | 2023-12 | $96,767 |
Who funds New Mexico Community Capital
Grants from foundations and other nonprofits
Personnel at New Mexico Community Capital
| Name | Title | Compensation | Date of data |
|---|
| Thad Porch | Contract Chief Financial Officer , Managing Principal , Porch and Associates , LLC | $32,306 | 2024-09-24 |
| Elizabeth Gamboa | Executive Director | $122,185 | 2024-09-24 |
| CJ Moya | Director of Finance | | 2024-09-24 |
| Henry Jake Foreman | Program Director | | 2024-09-24 |
| Naleen Naanee | Office Manager | | 2024-09-24 |
| ...and 15 more key personnel |
Financials for New Mexico Community Capital
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $3,712,639 | $4,721,202 | -21.4% |
| Program services | $218,277 | $293,007 | -25.5% |
| Investment income and dividends | $228,785 | $60,381 | 278.9% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $3,207 | $6,840 | -53.1% |
| Miscellaneous revenues | $1,855 | $76,425 | -97.6% |
| Total revenues | $4,164,763 | $5,157,855 | -19.3% |
Organizations like New Mexico Community Capital
| Organization | Type | Location | Revenue |
|---|
| Boston Community Capital Venture Fund | 501(c)(3) | Boston, MA | $7,927,140 |
| Community Loan Fund of New Jersey | 501(c)(3) | New Brunswick, NJ | $19,077,899 |
| Aedc Small Business Lending Center | 501(c)(3) | Eureka, CA | $5,324,974 |
| Neighborhood Impact Investment Fund | 501(c)(3) | Baltimore, MD | $3,569,338 |
| Hawaii Community Lending | 501(c)(3) | Hilo, HI | $8,801,117 |
| Legacy Redevelopment Corporation | 501(c)(3) | Milwaukee, WI | $1,699,010 |
| People-Providing Equal Opportunities Promoting Learning | 501(c)(3) | Little Rock, AR | $1,850,855 |
| Woodlands Community Lenders | 501(c)(3) | Elkins, WV | $1,155,937 |
| Partners for the Common Good | 501(c)(3) | Washington, DC | $4,280,450 |
| Rio Grande Community Development | 501(c)(3) | Albuquerque, NM | $1,710,904 |
Data update history
October 21, 2024
Received grants
Identified 1 new grant, including a grant for $30,000 from Novo Foundation September 24, 2024
Updated personnel
Identified 3 new personnel
September 1, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 31, 2024
Updated personnel
Identified 5 new personnel
August 26, 2024
Used new vendors
Identified 3 new vendors, including , , and
Nonprofit Types
Business and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donationsFiscal sponsorAccepts online donations
General information
- Address
- 301 Gold Ave SW 102
- Albuquerque, NM 87102
- Metro area
- Albuquerque, NM
- County
- Bernalillo County, NM
- Website URL
- nmccap.org/Â
- Phone
- (505) 924-2820
IRS details
- EIN
- 20-1798654
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2004
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S31: Urban, Community Economic Development
- NAICS code, primary
- 522120: Savings Institutions
- Parent/child status
- Independent
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