New Mexico Psychological Association
- Assets
- $253.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albuquerque, NM
- Founding
- 02/1987
- Data as of
- 12/2022
- EIN
- 85-0349452
Organization Overview
New Mexico Psychological Association is located in Albuquerque, NM. The organization was established in 1987. According to its NTEE Classification (F03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Mexico Psychological 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 12/2022, New Mexico Psychological Association generated $84.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $67.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathryn Lenberg PHD President | 0.4 | $0 | |
Laura Lundy PHD President-Elect | 0.15 | $0 | |
Krishna Chari Psyd Past President | 0.4 | $0 | |
Evelyn Sandeen PHD Secretary | 0.15 | $0 | |
Cheri Koinis PHD Treasurer | 0.15 | $0 | |
Kevin Kinzie Executive Director | 20 | $34,948 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $130 |
| Total Program Service Revenue | $34,433 |
| Membership dues | $47,834 |
| Investment income | $2,148 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $84,545 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $38,258 |
| Professional fees and other payments to independent contractors | $1,395 |
| Occupancy, rent, utilities, and maintenance | $5,335 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,133 |
| Total expenses | $67,121 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $251,492 |
| Other assets | $0 |
| Total assets | $253,939 |
| Total liabilities | $534 |
| Net assets or fund balances | $253,405 |