New Mexico Chile Association
- Assets
- $52.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Deming, NM
- Founding
- 07/2007
- Data as of
- 12/2021
- EIN
- 20-4186547
Organization Overview
New Mexico Chile Association is located in Deming, NM. The organization was established in 2007. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Mexico Chile Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, New Mexico Chile Association generated $114.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $108.4k during the year ending 12/2021. While expenses have increased by 2.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO IMPROVE GENERAL BUSINESS CONDITIONS IN THE CHILE INDUSTRY BY FACILITATING INDUSTRY COMMUNICATIONS, ENHANCING THE REPUTATION AND INTEGRITY OF THE INDUSTRY AND PROMOTING PUBLIC POLICY INITIATIVES THAT FAVOR THE INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dino Cervantes Treasurer | 0 | $0 | |
Ben Etcheverry Secretary | 0 | $0 | |
Glenn Duggins President | 0 | $0 | |
Joe Wellborn Director | 0 | $0 | |
Gene Baca Vice Preside | 0 | $0 | |
Edward Ogaz Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $83,127 |
| Total Program Service Revenue | $0 |
| Membership dues | $31,550 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $114,677 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $28,066 |
| Professional fees and other payments to independent contractors | $23,153 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $57,135 |
| Total expenses | $108,354 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $52,716 |
| Other assets | $0 |
| Total assets | $52,716 |
| Total liabilities | $0 |
| Net assets or fund balances | $52,716 |
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