Downtown ABQ Mainstreet Initiative

ALBUQUERQUE, NM EIN: 46-4750143 Website

The DowntownABQ MainStreet Initiative is a community redevelopment organization. Our mission is to promote and support downtowns economic, social, and creative vitality through community-driven projects and programs. A revitalized and vibrant downtown is a symbol of community economic health, local quality of life, pride, and community identity.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$144K

-39.0% YoY

Annual Giving

Grant Count

0

Avg Grant Size

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$202K$404K$606K$808K20202021202220232024
Metric202420232022
Total Assets$144,476$236,672$218,689
Revenue$659,059$498,195$478,976
Expenses$734,653$521,635$406,340
Qualifying Distributions
Net Investment Income$44$145$25
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$6K$12K$17K$23K1 grants20202 grants20210 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

3 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Downtown ABQ Mainstreet Initiative fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Julia YoungsPresident3
Mario SemigliaTreasurer1
Ashley RammelsbergDirector1
Bethany TaborSecretary1
Richard MeadowsDirector1

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

Albuquerque

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

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