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New Mexico Affordable Housing

ALBUQUERQUE, NM EIN: 38-6851393 Website

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

1states

States

Cities

ALBUQUERQUEDEMINGGALLUPLAS CRUCESOHKAY OWINGEHSAN FELIPE PUEBLOSOCORRO

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$157K$313K$470K$627K20202021202220232024
Metric202420232022
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

$0$117K$234K$351K$468K0 grants20200 grants20212 grants20224 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

SAN FELIPE PUEBLO HOUSIN…$173KCENTRAL NEW MEXICO HOUSI…$125KSOUTHWESTERN REGIONAL HO…$115KCITY OF GALLUP$30KFAMILIES AND YOUTH INC$25K

Grant Size Distribution

11 grants across all recorded years

4<$50K1$50–100K6$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

6 open opportunities from New Mexico Affordable Housing

Show all 6 →

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

DONNA MAESTAS-DEVRIESCHIEF HOUSING OFFICER$298ISIDORO HERNANDEZEXECUTIVE DIRECTOR$123

From 2024 filing

NameTitleHoursCompensation
ANGEL REYESCHAIR0.25
LT GOVERNOR HOWIE MORALESMEMBER0.25
REBECCA WURZBURGERTREASURER0.25
DEREK VALDOVICE-CHAIR0.25
RANDY L TRAYNORMEMBER0.25
LAURA MONTOYAMEMBER0.25
RAUL TORREZMEMBER0.25
ISIDORO HERNANDEZEXECUTIVE DIRECTOR0.03$123
DONNA MAESTAS-DEVRIESCHIEF HOUSING OFFICER0.1$298
LIZZIE RATNARAJ THRU 7312023CHIEF FINANCIAL OFFICER
ARUNDHATI BOSECHIEF FINANCIAL OFFICER
YVONNE SEGOVIACONTROLLER (THRU 2/28/24)
JEFF PAYNECHIEF LENDING OFFICER
JOSEPH NAVARETTESENIOR DIRECTOR OF IT
DOLORES WOODHR DIRECTOR

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.

What could you do with New Mexico Affordable Housing on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities