NMSU Alamogordo
NMSU Alamogordo is a private foundation, based in Alamogordo, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $32K in total assets. In 2024, it made $20 in qualifying distributions. Net investment income was $32.
NMSU Alamogordo at a glance
- Total assets
- $31,623
- +1.8% vs 2023
- Revenue (2024)
- $582
- +151.9% vs 2023
- Qualifying distributions (2024)
- $20
- -98.8% vs 2023
- Expenses (2024)
- $10
- -99.4% vs 2023
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who NMSU Alamogordo funds
How this funder distributes its grants
Grant Size Distribution
1 grant across all recorded years
The most common grant size was under $50K: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How NMSU Alamogordo gives
- In 2024 it paid out 1% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2022 it made 1 grant totaling $200.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Airborne Vet Alamagordo, NM | Donation | $200 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $31,623 | $582 | $10 | — | — | $20 | $32 | $1,543 |
| 2023 | $31,051 | $231 | $1,607 | — | — | $1,617 | $31 | $1,529 |
| 2022 | $32,427 | $1,727 | $220 | $200 | 1 | $220 | $32 | $1,597 |
| 2021 | $30,920 | $1,701 | $688 | — | — | $344 | — | $1,489 |
| 2020 | $28,597 | $577 | $689 | — | — | — | $77 | $1,436 |
Under IRS private-foundation payout rules, NMSU Alamogordo reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
NMSU Alamogordo is led by Billie Velasco, President on every filing since 2020; none of the 8 officers listed in 2024 report compensation.
Officers on the 2024 filing
Billie Velasco
President
On filings since 2020
5 hrs/week
No compensation reported
Dave Olsen
Director
On filings since 2020
1 hr/week
No compensation reported
Gwen Burroughs
Director
On filings since 2020
1 hr/week
No compensation reported
Penny Shuwarger
Director
On filings since 2020
1 hr/week
No compensation reported
Suzy Keedy
Director
On filings since 2020
1 hr/week
No compensation reported
Regina Colbert
Director
On filings since 2021
1 hr/week
No compensation reported
Barbara McDonald
Vice President
On filings since 2020
1 hr/week
No compensation reported
Dawn Boyle
Treasurer
On filings since 2021
1 hr/week
No compensation reported
Former officers (3)
- Former: Doris Valdespino (2020) — Secretary
- Former: Gwen Sanders (2020) — Treasurer
- Former: Xavier Solorzano (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about NMSU Alamogordo
How large is NMSU Alamogordo?
NMSU Alamogordo reported $32K in total assets on its 2024 IRS Form 990-PF. It paid out $20 in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does NMSU Alamogordo operate?
NMSU Alamogordo has awarded grants in New Mexico.
What is NMSU Alamogordo's EIN?
NMSU Alamogordo's EIN (Employer Identification Number) is 85-0263077. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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