New Mexico Restaurant Association

Organization Overview

New Mexico Restaurant Association is located in Albuquerque, NM. The organization was established in 1970. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, New Mexico Restaurant Association employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Mexico Restaurant 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 12/2023, New Mexico Restaurant Association generated $949.2k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO EMPOWER THE FOOD AND BEVERAGE INDUSTRY BY PROMOTING AND PROTECTING COMMON VALUES AND INTERESTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN AN EFFORT TO FULFILL ITS MISSION TO BE AN INVALUABLE RESOURCE FOR EDUCATION, NMRA OFFERS THE SERVSAFE, MANAGE FIRST, AND ALCOHOL SERVER CERTIFICATION COURSES THROUGHOUT NEW MEXICO. NMRA PUBLISHES MULTIPLE WEEKLY ARTICLES AND ELECTRONIC MEDIA THAT ARE DISTRIBUTED TO FOOD SERVICE ESTABLISHMENTS IN NEW MEXICO. THIS IS AN EXCELLENT RESOURCE FOR RESTAURATEURS AND OFFERS INDUSTRY-SPECIFIC INFORMATION DESIGNED TO HELP INDIVIDUALS COMPLY WITH REGULATORY REQUIREMENTS AND BETTER RUN THEIR BUSINESSES.


EMERGENCY RESPONSE - NMRA PROVIDES FUNDS FOR ADVOCACY AND SUPPORT OF THE RESTAURANT INDUSTRY IN THE STATE OF NEW MEXICO.


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Board, Officers & Key Employees

Name (title)Compensation
Carol Wight
CEO
$127,212
Lancing Adams
Ex-Officio
$0
Janice Argabright
Director
$0
Gene Baca
Director
$0
Janie Balzano
Director
$0
Rodney Barton
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$260,647
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$211,281
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$471,928
Total Program Service Revenue$367,083
Investment income $3,745
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,800
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $949,174

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