New Mexico Retail Association Inc
- Assets
- $53.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sandia Park, NM
- Founding
- 01/1965
- Data as of
- 12/2023
- EIN
- 85-0166644
Organization Overview
New Mexico Retail Association Inc is located in Sandia Park, NM. The organization was established in 1965. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, 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 Retail Association Inc 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 Retail Association Inc generated $61.4k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $55.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.4%) per year over the past 9 years. 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
2023
Describe the Organization's Program Activity:
Part 3
PROMOTING COMMON INTEREST OF NEW MEXICO RETAILERS, LOBBY STATE GOVERNMENT ON BEHALF OF MEMBERS TO BENEFIT RETAIL BUSINESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randy Sanchez Sec / Treas | 1 | $0 | |
Coral Cummings Vice Chair | 1 | $0 | |
Aubriana Martindale Board Member | 1 | $0 | |
Courtney Reid Board Member | 1 | $0 | |
Celinda Gonzalez Board Member | 1 | $0 | |
Philip Serghini Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $61,425 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $61,425 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $53,734 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,856 |
| Total expenses | $55,590 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $53,379 |
| Other assets | $0 |
| Total assets | $53,379 |
| Total liabilities | $0 |
| Net assets or fund balances | $53,379 |