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EIN 23-7045075

New Mexico Property Insurance Program (NMPIP)

IRS 501(c) type
501(c)(6)
Num. employees
5
City
Albuquerque
State
New Mexico
Year formed
1969
Most recent tax filings
2022-12-01
NTEE code, primary
Y20: Insurance Providers, Services
Description
We are a property market of last resort The New Mexico FAIR Plan operates like a small insurance company underwriting our applications, issuing our policies, and adjusting our claims.
Total revenues
$4,630,797
2022
Total expenses
$5,064,739
2022
Total assets
$9,875,754
2022
Num. employees
5
2022

Program areas at NMPIP

Provide essential Property Insurance to applicants in New Mexico who are unable to secure it in the normal Insurance market. 476 claims were processed in 2022. There were 7,246 policies in force as of 12/31/2022.

Personnel at NMPIP

NameTitleCompensation
Analisa SisnerosExecutive Director$91,232
Melissa GrandonSecretary$0
Terrie DunlapPlanning Supervisor$66,605
David SellVice Chair$0
Steve FletcherChair$0
...and 5 more key personnel

Financials for NMPIP

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$4,469,272
Investment income and dividends$161,525
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$4,630,797

Form 990s for NMPIP

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-06990View PDF
2021-122022-06-24990View PDF
2020-122021-06-30990View PDF
2019-122021-06-07990View PDF
2018-122019-12-11990View PDF
...and 9 more Form 990s
Data update history
November 26, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 26, 2023
Updated personnel
Identified 2 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
November 25, 2023
Used new vendors
Identified 1 new vendor, including
May 26, 2023
Updated personnel
Identified 4 new personnel
Nonprofit Types
Mutual assistance organizationsInsurance companiesEnvironmental organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
2201 San Pedro Ne 20
Albuquerque, NM 87110
Metro area
Albuquerque, NM
County
Bernalillo County, NM
Website URL
nmpropertyinsurance.com/ 
Phone
(505) 878-9563
IRS details
EIN
23-7045075
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1969
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
Y20: Insurance Providers, Services
NAICS code, primary
524126: Direct Property and Casualty Insurance Carriers
Parent/child status
Independent
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