The Albuquerque Council For International Visitors
- Assets
- $357.2k
- Revenue
- $489.9k
- Investments
- $0.0
- Employees
- 5
- Location
- Albuquerque, NM
- Founding
- 08/2007
- Data as of
- 12/2023
- EIN
- 85-0338419
Organization Overview
The Albuquerque Council For International Visitors is located in Albuquerque, NM. The organization was established in 2007. According to its NTEE Classification (Q21) the organization is classified as: International Cultural Exchange, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2023, Albuquerque Council For International Visitors employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Albuquerque Council For International Visitors is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Albuquerque Council For International Visitors generated $489.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 26.8% each year . All expenses for the organization totaled $280.9k during the year ending 12/2023. While expenses have increased by 17.8% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ALBUQUERQUE COUNCIL FOR INTERNATIONAL VISITORS ARRANGE MEETINGS BETWEEN INTERNATIONAL EMERGING LEADERS AND THEIR PROFESSIONAL COUNTERPARTS TO DISCUSS COMMON INTERESTS AND TO SHARE IDEAS. THESE MEETINGS OFTEN LEAD TO CONTINUED CONTACT OVERSEAS WITH MUTUAL BENEFITS. WHEN APPROPRIATE, THE INTERNATIONAL GUESTS VISIT SCHOOLS IN THE COMMUNITY TO SHARE THEIR CULTURE WITH OUR STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE UNITED STATES DEPARTMENT OF STATE SPONSORS AND FUNDS THE ORGANIZATION THROUGH THE INTERNATIONAL VISITORS LEADERSHIP PROGRAM (IVLP) WHOSE MISSION IS TO STRENGTHEN U.S. ENGAGEMENT WITH COUNTRIES AROUND THE WORLD AND CULTIVATE LASTING RELATIONSHIPS BY CONNECTING CURRENT AND EMERGING FOREIGN LEADERS WITH THEIR AMERICAN COUNTERPARTS THROUGH SHORT-TERM VISITS TO THE UNITED STATES. DURING THE FISCAL YEAR ENDED DECEMBER 31, 2021, 219 INTERNATIONAL VISITORS IN 19 DIFFERENT VIRTUAL PROGRAMS WERE HOSTED BY THE ALBUQUERQUE COUNCIL FOR INTERNATIONAL VISITORS DBA GLOBAL TIES ABQ. SINCE THE PANDEMIC STARTED, WE DIDNT HOST MORE INTERNATIONAL VISITOR IN PERSON. WE STARTED CONDUCTING VIRTUAL PROGRAMMING FOR OUR GROUPS IN SEPTEMBER 2020. WE ARE CURRENTLY HOSTING TO BACK IN PERSON PROJECTS. ADDITIONALLY, THIS FISCAL YEAR, GLOBAL TIES ABQ CONTINUED TO CONNECT OUR LOCAL COMMUNITY THROUGH VARIOUS VIRTUAL SESSIONS. IN MARCH 2022, GLOBAL TIES ABQ INCORPORATED THE PROGRAMING OF GLOBAL ONE TO ONEA 501C 3 ORGANIZATION. THIS ALLOWED GLOBAL TIES ABQ TO EXPLORE THE POSSIBILITY OF ADDING A YOUTH FOCUSED EXCHANGE COMPONENT TO ITS PROGRAMS. THOUGH SUBSTANTIAL FUNDS WERE RAISED FOR THESE YOUTH FOCUSED PROGRAMS IT WAS ULTIMATELY DETERMINED THAT THE PROGRAMS COULD NOT GENERATE ENOUGH FUNDING TO SUPPORT THE STAFFING NEEDED TO DELIVER THE EXCHANGES. IN FEBRUARY 2023 GLOBAL TIES ABQ AND GLOBAL ONE TO ONE DECIDED TO PART WAYS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Brennan Past Exec Dir | Officer | 40 | $32,452 |
Melora Palmer Executive Dir. | Officer | 40 | $24,750 |
Greg Polk President | OfficerTrustee | 2 | $0 |
Jill Van Nortwick Past President | OfficerTrustee | 2 | $0 |
Antonio Flores Treasurer | OfficerTrustee | 2 | $0 |
Emilie Di Angelis Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,817 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $407,712 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $409,529 |
| Total Program Service Revenue | $70,991 |
| Investment income | $957 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $8,400 |
| 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 | $489,877 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $60,259 |
| Compensation of current officers, directors, key employees. | $15,065 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $97,958 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,010 |
| Payroll taxes | $8,495 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,846 |
| Fees for services: Accounting | $3,956 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,022 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $8,028 |
| Royalties | $0 |
| Occupancy | $52,928 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,472 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $785 |
| Insurance | $2,614 |
| All other expenses | $3,738 |
| Total functional expenses | $280,884 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $155,791 |
| Savings and temporary cash investments | $201,422 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $357,213 |
| Accounts payable and accrued expenses | $215 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $215 |
| Net assets without donor restrictions | $345,392 |
| Net assets with donor restrictions | $11,606 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $357,213 |