Credit Union Foundation of New Mexico
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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of New Mexico Foundation Incorporated ($94,580), United Way of North Central New Mexico ($60,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF NEW MEXICO FOUNDATION INCORPORATED ALBUQUERQUE, NM | TO SUPPORT THE CREATION OF POWERFUL ENGAGEMENTS AND PARTNERSHIPS THAT LEAD TO INCREASED PHILANTHROPY, INVESTMENT, INNOVATION, AND SUPPORT FOR THE UNIVERSITY OF NEW MEXICO. | $94,580 |
| UNITED WAY OF NORTH CENTRAL NEW MEXICO ALBUQUERQUE, NM | TO PROMOTE FINANCIAL STABILITY THROUGH THEIR ALICE HOUSEHOLD PROGRAM. | $60,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KAREN GRIFFO | CHAIRMAN | 1 | — |
| JUDY CARRASCO | VICE CHAIR | 0.25 | — |
| DONALD SARICH | BOARD SECRETARY/TREASURER | 0.25 | — |
| RICK ANDERSON | DIRECTOR | 0.25 | — |
| LILY CURRIN | DIRECTOR | 0.25 | — |
| STUART JOHNSTON | DIRECTOR | 0.25 | — |
| NELSON MEDINA | DIRECTOR | 0.25 | — |
| MELIA D HEIMBUCK | PRESIDENT/CEO | 1 | — |
| REBECCA ISSACS FORMER | MANAGING DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Credit Union Foundation of New Mexico?
Credit Union Foundation of New Mexico is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in ALBUQUERQUE, NM. It holds $4.7M in total assets as of 2024.
How large is Credit Union Foundation of New Mexico?
As of 2024, Credit Union Foundation of New Mexico holds $4.7M in total assets with $880K in annual revenue. It awarded 2 grants totaling $155K in 2024.
Where does Credit Union Foundation of New Mexico operate?
Credit Union Foundation of New Mexico has awarded grants in Hawaii, New Mexico.
What size grants does Credit Union Foundation of New Mexico award?
In 2024, Credit Union Foundation of New Mexico awarded 2 grants totaling $155K — an average of about $77K per grant, based on its IRS Form 990 filings.
What is Credit Union Foundation of New Mexico's EIN?
Credit Union Foundation of New Mexico's EIN (Employer Identification Number) is 85-0435181. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Credit Union Foundation of New Mexico's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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