Downtown ABQ Mainstreet Initiative
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 · View filing
Total Assets
$144K
-39.0% YoY
Revenue
$659K
+32.3% YoY
Net Investment Income
$44
-69.7% YoY
Expenses
$735K
+40.8% YoY
About Downtown ABQ Mainstreet Initiative
Based on IRS filings
Downtown ABQ Mainstreet Initiative is a nonprofit organization focused on Community Improvement & Capacity Building, based in ALBUQUERQUE, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $144K in total assets. Net investment income was $44.
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 | $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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Open Grants
2 open opportunities from Downtown ABQ Mainstreet Initiative
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Julia Youngs | President | 3 | — |
| Mario Semiglia | Treasurer | 1 | — |
| Ashley Rammelsberg | Director | 1 | — |
| Bethany Tabor | Secretary | 1 | — |
| Richard Meadows | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Downtown ABQ Mainstreet Initiative on Grantable?
- Assess strategic fit with your organization
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- Find open RFPs from this funder
- Monitor for new funding opportunities