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Regional Development Corporation

SANTA FE, NM EIN: 74-2805791 Website

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

AbiquiuAlbuquerqueArroyo HondoArroyo SecoEl PradoEspanolaJemez PuebloJemez SpringsLas VegasLos AlamosOhkay OwingehRanchos De TaosRio RanchoSanta CruzSanta FeShreveportTaosValdez

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$365K$729K$1M$1M20202021202220232024
Metric202420232022
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

$0$97K$193K$290K$386K0 grants202015 grants202113 grants202217 grants202312 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UNIVERSITY OF NEW MEXICO…$41KSFCC FOUNDATION$30KNORTHERN NEW MEXICO COLL…$23KLUNA COMMUNITY COLLEGE$23KTAOS PUEBLO BEHAVIORAL H…$15KBERT'S TRASH SERVICES LLC$9KDANCING BUTTERFLY NATURA…$8KDAWN BUTTERFLY CAFE$8KPASSPORT TO PUEBLO COUNTY$8KSAGE MOUNTAINFLOWER LLC$8K

Grant Size Distribution

57 grants across all recorded years

53<$50K4$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

5 open opportunities from Regional Development Corporation

Show all 5 →

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).

RecipientPurposeAmount
BERT'S TRASH SERVICES LLC SANTA FE, NMBUSINESS DEVELOPMENT$9,101
DANCING BUTTERFLY NATURALS LLC TAOS, NMBUSINESS DEVELOPMENT$8,000
DAWN BUTTERFLY CAFE TAOS, NMBUSINESS DEVELOPMENT$8,000
FAMILY STRENGTHS NETWORK LOS ALAMOS, NMEARLY CHILDHOOD EDU$7,500
LUNA COMMUNITY COLLEGE LAS VEGAS, NMWORKFORCE TRAINING$23,000
NORTHERN NEW MEXICO COLLEGE ESPANOLA, NMWORKFORCE TRAINING$23,414
PASSPORT TO PUEBLO COUNTY SANTA FE, NMBUSINESS DEVELOPMENT$8,000
SAGE MOUNTAINFLOWER LLC ALBUQUERQUE, NMBUSINESS DEVELOPMENT$8,000
SFCC FOUNDATION SANTA FE, NMWORKFORCE TRAINING$30,000
TAOS PUEBLO BEHAVIORAL HEALTH TAOS, NMWORKFORCE TRAINING$15,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

PATRICK VANDERPOOLEXECUTIVE DI$61K

From 2024 filing

NameTitleHoursCompensation
PATRICK VANDERPOOLEXECUTIVE DI40$61,240
JENNIFER JENKINSCHAIR2
KRISTIN HENDERSONVICE CHAIR2
JACK JEKOWSKISECRETARY2
EVERETT TRUJILLOTREASURER2
LINDA MCLELLANDIRECTOR2
CEDRIC PAGEDIRECTOR2
ELMER SALAZARDIRECTOR2
REBECCA WURZBURGERDIRECTOR2
PHOEBE K SUINADIRECTOR2

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

Similar Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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