RAISING FUNDS TO DISTRIBUTE TO INDIVIDUALS IN THE LOW AND MODERATE INCOME LEVELS TO ASSIST IN ACQUISITION, REHABILITATION AND REPAIR OF RESIDENTIAL HOMES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$776K
-11.6% YoY
Annual Giving
$468K
+34.4% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$94K
+7.5% YoY
About New Mexico Affordable Housing
Based on IRS filings
New Mexico Affordable Housing is a nonprofit organization focused on Housing & Shelter, based in ALBUQUERQUE, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $776K in total assets. In 2024, it awarded 5 grants totaling $468K. Net investment income was $2K.
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 | $775,900 | $877,295 | $902,646 |
| Revenue | $275,453 | $519,333 | $213,436 |
| Expenses | $514,116 | $569,991 | $205,848 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,744 | $165 | $9 |
| 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 5 recipients in 2024
Grant Size Distribution
11 grants across all recorded years
Open Grants
6 open opportunities from New Mexico Affordable Housing
542(c) FHA-Insured Multifamily (Risk Share) Loan Program
NEW MEXICO AFFORDABLE HOUSING
Amount
Varies
Deadline
Rolling / Open
HOME Program
NEW MEXICO AFFORDABLE HOUSING
Amount
Varies
Deadline
Rolling / Open
National Housing Trust Fund (NHTF)
NEW MEXICO AFFORDABLE HOUSING
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include San Felipe Pueblo Housing Authority ($173,380), Central New Mexico Housing Corp ($124,964), Southwestern Regional Housing and Community Development Corporation ($114,883).
| Recipient | Purpose | Amount |
|---|---|---|
| SAN FELIPE PUEBLO HOUSING AUTHORITY SAN FELIPE PUEBLO, NM | VETERAN'S REHABILITATION & MODIFICATION PILOT PROGRAM | $173,380 |
| SOUTHWESTERN REGIONAL HOUSING AND COMMUNITY DEVELOPMENT CORPORATION DEMING, NM | VETERAN'S REHABILITATION & MODIFICATION PILOT PROGRAM | $114,883 |
| CENTRAL NEW MEXICO HOUSING CORP ALBUQUERQUE, NM | VETERAN'S REHABILITATION & MODIFICATION PILOT PROGRAM | $124,964 |
| CITY OF GALLUP GALLUP, NM | VETERAN'S REHABILITATION & MODIFICATION PILOT PROGRAM | $30,000 |
| FAMILIES AND YOUTH INC LAS CRUCES, NM | VETERAN'S REHABILITATION & MODIFICATION PILOT PROGRAM | $24,800 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANGEL REYES | CHAIR | 0.25 | — |
| LT GOVERNOR HOWIE MORALES | MEMBER | 0.25 | — |
| REBECCA WURZBURGER | TREASURER | 0.25 | — |
| DEREK VALDO | VICE-CHAIR | 0.25 | — |
| RANDY L TRAYNOR | MEMBER | 0.25 | — |
| LAURA MONTOYA | MEMBER | 0.25 | — |
| RAUL TORREZ | MEMBER | 0.25 | — |
| ISIDORO HERNANDEZ | EXECUTIVE DIRECTOR | 0.03 | $123 |
| DONNA MAESTAS-DEVRIES | CHIEF HOUSING OFFICER | 0.1 | $298 |
| LIZZIE RATNARAJ THRU 7312023 | CHIEF FINANCIAL OFFICER | — | — |
| ARUNDHATI BOSE | CHIEF FINANCIAL OFFICER | — | — |
| YVONNE SEGOVIA | CONTROLLER (THRU 2/28/24) | — | — |
| JEFF PAYNE | CHIEF LENDING OFFICER | — | — |
| JOSEPH NAVARETTE | SENIOR DIRECTOR OF IT | — | — |
| DOLORES WOOD | HR DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is New Mexico Affordable Housing?
New Mexico Affordable Housing is a nonprofit organization focused on Housing & Shelter, based in ALBUQUERQUE, NM. It holds $776K in total assets as of 2024.
How large is New Mexico Affordable Housing?
As of 2024, New Mexico Affordable Housing holds $776K in total assets with $275K in annual revenue. It awarded 5 grants totaling $468K in 2024.
Where does New Mexico Affordable Housing operate?
New Mexico Affordable Housing has awarded grants in New Mexico.
What size grants does New Mexico Affordable Housing award?
In 2024, New Mexico Affordable Housing awarded 5 grants totaling $468K — an average of about $94K per grant, based on its IRS Form 990 filings.
What is New Mexico Affordable Housing's EIN?
New Mexico Affordable Housing's EIN (Employer Identification Number) is 38-6851393. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in New Mexico Affordable Housing's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
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Community Foundation of Southern
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Randall Taishoff Charitable
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Assets
—
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$69K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with New Mexico Affordable Housing on Grantable?
- Assess strategic fit with your organization
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- Find open RFPs from this funder
- Monitor for new funding opportunities
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