Regional Development Corporation
THE REGIONAL DEVELOPMENT CORPORATION (RDC) IS A PRIVATE NON-PROFIT 501(C) (3) ORGANIZATION DEDICATED TO IMPROVING ECONOMIC DEVELOPMENT IN NORTHERN NEW MEXICO. RDC PROVIDES PRIVATE INVESTMENT OPPORTUNITIES AND TECHNICAL ASSISTANCE TO FACILITATE JOB GROWTH AND DIVERSIFY THE ECONOMIES OF COMMUNITIES IN THE FOLLOWING SEVEN COUNTIES: LOS ALAMOS, MORA, RIO ARRIBA, SANDOVAL, SAN MIGUEL, SANTA FE, TAOS, AND THE MUNICIPALITIES AND NATIVE AMERICAN PUEBLOS THEREIN.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
-15.4% YoY
Annual Giving
$189K
-51.1% YoY
Grant Count
12
-29.4% YoY
Avg Grant Size
$16K
-30.7% YoY
About Regional Development Corporation
Based on IRS filings
Regional Development Corporation is a nonprofit organization focused on Community Improvement & Capacity Building, based in SANTA FE, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 12 grants totaling $189K. Net investment income was $44K.
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 | $1,311,537 | $1,550,296 | $1,502,973 |
| Revenue | $1,149,014 | $1,065,040 | $1,038,194 |
| Expenses | $1,326,211 | $1,082,411 | $866,402 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $43,532 | $1,457 | $438 |
| 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 10 recipients in 2024
Grant Size Distribution
57 grants across all recorded years
Open Grants
5 open opportunities from Regional Development Corporation
Micro-Grant Fund
REGIONAL DEVELOPMENT CORPORATION
Amount
Up to $3,000
Deadline
Rolling / Open
Micro-Loan Fund
REGIONAL DEVELOPMENT CORPORATION
Amount
Up to $1,500
Deadline
Rolling / Open
Scholarship for Education and Economic Development (SEED)
REGIONAL DEVELOPMENT CORPORATION
Amount
Free tuition for up to 6 credits per semester
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of New Mexico Los Alamos ($41,000), Sfcc Foundation ($30,000), Northern New Mexico College ($23,414).
| Recipient | Purpose | Amount |
|---|---|---|
| BERT'S TRASH SERVICES LLC SANTA FE, NM | BUSINESS DEVELOPMENT | $9,101 |
| DANCING BUTTERFLY NATURALS LLC TAOS, NM | BUSINESS DEVELOPMENT | $8,000 |
| DAWN BUTTERFLY CAFE TAOS, NM | BUSINESS DEVELOPMENT | $8,000 |
| FAMILY STRENGTHS NETWORK LOS ALAMOS, NM | EARLY CHILDHOOD EDU | $7,500 |
| LUNA COMMUNITY COLLEGE LAS VEGAS, NM | WORKFORCE TRAINING | $23,000 |
| NORTHERN NEW MEXICO COLLEGE ESPANOLA, NM | WORKFORCE TRAINING | $23,414 |
| PASSPORT TO PUEBLO COUNTY SANTA FE, NM | BUSINESS DEVELOPMENT | $8,000 |
| SAGE MOUNTAINFLOWER LLC ALBUQUERQUE, NM | BUSINESS DEVELOPMENT | $8,000 |
| SFCC FOUNDATION SANTA FE, NM | WORKFORCE TRAINING | $30,000 |
| TAOS PUEBLO BEHAVIORAL HEALTH TAOS, NM | WORKFORCE TRAINING | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PATRICK VANDERPOOL | EXECUTIVE DI | 40 | $61,240 |
| JENNIFER JENKINS | CHAIR | 2 | — |
| KRISTIN HENDERSON | VICE CHAIR | 2 | — |
| JACK JEKOWSKI | SECRETARY | 2 | — |
| EVERETT TRUJILLO | TREASURER | 2 | — |
| LINDA MCLELLAN | DIRECTOR | 2 | — |
| CEDRIC PAGE | DIRECTOR | 2 | — |
| ELMER SALAZAR | DIRECTOR | 2 | — |
| REBECCA WURZBURGER | DIRECTOR | 2 | — |
| PHOEBE K SUINA | DIRECTOR | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Regional Development Corporation?
Regional Development Corporation is a nonprofit organization focused on Community Improvement & Capacity Building, based in SANTA FE, NM. It holds $1.3M in total assets as of 2024.
How large is Regional Development Corporation?
As of 2024, Regional Development Corporation holds $1.3M in total assets with $1.1M in annual revenue. It awarded 12 grants totaling $189K in 2024.
Where does Regional Development Corporation operate?
Regional Development Corporation has awarded grants in Louisiana, New Mexico.
What size grants does Regional Development Corporation award?
In 2024, Regional Development Corporation awarded 12 grants totaling $189K — an average of about $16K per grant, based on its IRS Form 990 filings.
What is Regional Development Corporation's EIN?
Regional Development Corporation's EIN (Employer Identification Number) is 74-2805791. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Regional Development Corporation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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