Credit Union Foundation of New Mexico

ALBUQUERQUE, NM EIN: 85-0435181

STRENGTHENING CREDIT UNIONS IN NEW MEXICO THROUGH COLLABORATIVE OPPORTUNITIES.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.7M

+20.0% YoY

Annual Giving

$155K

+1086.6% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$77K

+1086.6% YoY

About Credit Union Foundation of New Mexico

Based on IRS filings

Credit Union Foundation of New Mexico is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in ALBUQUERQUE, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.7M in total assets. In 2024, it awarded 2 grants totaling $155K. Net investment income was $112K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

AlbuquerqueHonolulu

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$242K$484K$726K$968K20202021202220232024
Metric202420232022
Total Assets$4,711,674$3,925,247$3,261,544
Revenue$880,435$497,497$433,436
Expenses$338,410$271,175$245,136
Qualifying Distributions
Net Investment Income$112,006$125,625$4,552
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$39K$77K$116K$155K0 grants20200 grants20210 grants20222 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

UNIVERSITY OF NEW MEXICO…$95KUNITED WAY OF NORTH CENT…$60K

Grant Size Distribution

4 grants across all recorded years

2<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
KAREN GRIFFOCHAIRMAN1
JUDY CARRASCOVICE CHAIR0.25
DONALD SARICHBOARD SECRETARY/TREASURER0.25
RICK ANDERSONDIRECTOR0.25
LILY CURRINDIRECTOR0.25
STUART JOHNSTONDIRECTOR0.25
NELSON MEDINADIRECTOR0.25
MELIA D HEIMBUCKPRESIDENT/CEO1
REBECCA ISSACS FORMERMANAGING DIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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